Unexpectedly. It’s a word we hear a lot in association with bad economic numbers. Considering the boot on the neck Obama economic policies, why anyone would be surprised that business is struggling mightily is beyond me. The only good thing Obama has done since he took office is cut a deal with Republicans for an extension of the Bush tax cuts. That came at a high price as Republicans caved on additional regulation of the food industry and rolled over for another $4.2 billion give-away to 911 victims.
President Obama has never been reluctant to blame the economic meltdown and everything else under the sun on President Bush. Still, as arrogant and economically ignorant as he is, he boldly bragged about his willingess to take on the job of restoring the economy. Video by Ben Howe & RedState:
“. . . to get this economy back on its feet. That’s my job” –Barak Obama
OK Mr. President, you ask for it and so you own it. You own the failure that is everywhere in the economy. Obamacare . . . you own it. The disastrous Dodd-Franks . . .you own it. $100 oil . . . you own it. Sky high unemployment . . . you own it. An insolvent banking system dominated by your large crony banks . . . you own it. You own the car industry too, you and your union buddies who are running along at a sales rate 30% below 2006. It’s barely, ahem, clunking along.
President Obama owns the position of the most powerful person in the world. He can’t handle it. Fire him.