I happened on MSNBC and the President’s re-election campaign commercial with “orator” and Obama sycophant Tom Hanks, a man who seems so ready to hail the greatness of our nation on the silver screen, yet understands little of its true history. That aside, it seems the POTUS and company will continue the mantra of “blame the other guy” and except absolutely no responsibility for our anemic national posture. So let’s have a look at those ugly facts, shall we.
I get a lot of guff from the Left attacking me for being a “FOX Fanatic”. The trouble with this analogy is that I actually get much of my economic info and such from the federal government itself. Moreover, it would be impossible for me to make the case I do without using (all) of the media outlets, to include the international folks. How else would I highlight the Left Wing Media hypocrisy? Nonetheless, I have looked at trending lines of “economy’s past” and can clearly see that the GDP growth rates and subsequent hiring markers we are seeing today are consistent with an economy that would have chugged along at the same pace had the Administration went on a three year vacation after the 08 Election and returned this week. Now say what you will about the condition of things when President Obama took office, but the numbers simply do not bear it out. None of the banks, who are being “stress tested” today, were any better off 20 years ago if we really want to look at their bottom line structure and government mandated mortgage lending practices. And the big three auto makers, despite coming about to build the best cars in the world today, were poorly managed money pits 10 years before GW took office. What I’m getting at here is that this “blame Bush game” is nothing more than a well-orchestrated (and funded) distraction, designed entirely to keep Americans from focusing on and Ideologue President who has governed true to his word to change America, and certainly not for the better.
In fairness, I will not rant on about what I believe the Presidents true agenda is. Instead, I will simply state some facts for the record and ask all of you to rate Mr. Obama with the same scale we have rated all of our Chief Executives, beginning with the question, (Are you better off today than you were three years ago?).
GDP growth – consistently revised to under 2% post 2008
Inflation index – off the charts and across the board for non-durable goods and food stuffs
Gasoline – $1.84 per gallon in 2008, $3.84 per gallon today (And it does not matter what it rose to during the Bush years!)
Unemployment at the same period during the Bush Presidency – 4.7%. Unemployment 2012 – 8.3% with over 20 million Americans unemployed or underemployed, and 2 million less jobs for the finding as well.
Americans on food stamps – 31.9 million in 2008 vs. 46.5 million today
And most importantly – Federal Deficit 2008 – $10.6 trillion, Federal Deficit 2012 – $15.6 trillion and projected to hit 20 trillion or more by 2017 (most likely more as the CBO is now projecting the “Affordable” Care Act will cost double what was promoted by the Obama Administration.
Now unlike the pundits on the other side, I will not lay all the blame on this President or any other President specifically. The road to this economic and un-Constitutional nightmare we are living was paved over many Administrations and with the help of many complicit Congress’s. With that said however, President Obama’s ideological approach to our nation’s woes is ill-timed and dangerous to say the least, and while I’d love to sit and swap books and “factoid sheets” with Libs living in an alternate universe, these numbers are real and will not just go away. They present a direct challenge to the notion that we may leave a better country to our posterity. Consequently, we need action based on sound principle and proven application, and we need it now. We need things that make sense for our free market economy in the short-term, not utopian pipe dreams dreamt and fostered in the classroom only.
So as he “kicks his campaign for re-election into high gear”, and goes on par to spend more money doing so than any incumbent President or candidate in American history, and as the Republican field are vilified by the cut throat “main stream” press for a vetting process not unlike that of Obama / Clinton in 08, Americans will be faced with a choice this Fall, stay the course and gamble our children’s future on broken promises and green algae, or elect a businessman for the times who will collect the books, read the spread sheets and not run from economic reality? That’s right, I have made my decision and I am supporting Mitt Romney for President… I hope everyone had a safe and “Happy St. Patrick’s Day”.