When President Obama, was elected in 2008, the nation and 65% of the people were excited and had high hopes for this new president and the country. However his election has turned out to be the biggest failure in American history. Here are just some of the reasons why:
1) Highest unemployment ever for a president.
2) Chronic unemployment worse than the Great Depression.
3) Highest Black American unemployment in 28 years.
4) Worst housing losses since Great Depression of 1928.
5) Under Obama U. S. poverty rate increased to I in 6.
6) Highest National Deficit and National Debt since WW11.
7) 46 Million people living in poverty.
8) 40 million families on food stamps.
9) Lowest consumer confidence level in 30 years.
10) Signed the bailouts of companies too big to fail, costing taxpayers trillions.
11) Government almost 15 Trillion dollars in Debt.
12) Current National budget over drawn by billions spent.
13) Paid for Obama -Care by taking 500 billion dollars from Medicare beneficiaries.
14) Paying for payroll tax relieve for Middle Class tax payers with money from Medicare trust fund, not forward thinking , just political.
15) Worst trade defects with foreign governments like China.
16) Lack of an Immigration policy to protect Americans.
17) Losing a Billion dollars a week to Medicare fraud.
18) Friends of the President under investigation of EPA approved companies for fraud millions of tax money lost.
19) America's credit downgraded first time in history.
20) Forcing many businesses to close due to harsh federal regulations.
References: Wall Street Journal, Time, U. S. News & World Report. Others-U. S. News, Editorials, Local newspapers, and personal opinions.
These are just a few reasons things have changed since he took office. This arrogant President believes as he pointed out, “ that he is the fourth best President ever!” We know for sure he is the most political traveled person on vacations. Recently, 17 days in Hawaii at a cost of 4 Million dollars to taxpayers, as his popularity with Americans has fallen to 45%.
If this Progressive liberal leftest President gets his way our country may be lost to socialism just like countries in Europe. America is a great county we need to elect a President to change and/or reverse some of the above so we can “Live Free,” not die a broken people and county.