[...] Cory Booker! Whatever would g...
Did White House threaten Cory Booker for criticizing Obama’s attack ad? « Full Metal Patriot on Obama threatens to withhold Social Security checks despite sufficient funds [UPDATED] Social Security Chief Actuary exposes Obama deception
Obama 2008: ‘We Won’t Just Throw Money at the Problem’
Another petard hoist from Obama’s 2008 campaign.
“We won’t just throw money at the problem,” Obama said in his weekly radio address and Internet video. “We’ll measure progress by the reforms we make and the results we achieve — by the jobs we create, by the energy we save, by whether America is more competitive in the world.”
At the time of Obama’s speech, President Bush had already indulged in a lot of wild spending and senseless bailouts, and a Obama’s promise of smarter spending sounded good to a lot of people. But after 43% of Americans installed an inexperienced community organizer into the Oval Office, we’re finding that “throwing money at the problem” is just about all Obama has been capable of doing.
Well, in all fairness, Obama doesn’t just want to throw money at America’s problems. He wants to punish achievers with higher taxes as well. But his dedication to rampant entitlement spending is what has been crippling our economy as well as creating our current problem with the debt ceiling.
In 2008, Obama said he wanted to measure his progress by the reforms he makes and the results he achieves. So let’s take a look at how Obama is doing, based on the standards he established for his own administration.
- Has he made reforms? Yes, he shoved Obamacare down the throats of America despite an overwhelming 70% who DO NOT WANT it. He has presided over an explosion of government regulations and bureaucracies.
- Has he achieved results? Yes, but not in the way he intended. His constant drumbeat for wealth redistribution resulted in stunting the economy. His trillion-dollar “stimulus” boondoggle only resulted in tripling America’s deficit and a double dip housing crisis that is now worse than the Great Depression.
- Has he created jobs? Not really — his policies have increased unemployment from 7.7% to 9.2%. And his domestic economic policies have terrified businesses into holding back from hiring and expansion.
- Has he saved energy? No, his decision to tap America’s strategic petroleum reserve in an attempt to bolster his sagging poll numbers have done nothing to stop rising prices at the pump. In fact, gas prices are higher now than they were when he raided our reserves for his own self-aggrandizement. And America now has 30 million fewer barrels of petroleum set aside in case of a true emergency. And his irrational moratorium on drilling for oil in Alaska and the Gulf of Mexico has cost the nation billions of dollars and tens of thousands of jobs.
- Has Obama made America more competitive in the world? Far from it! His foreign policies have alienated our allies and embraced our enemies. His healthcare mandate has hobbled American businesses with new taxes, regulations, and expenses. And he has loaded additional disadvantages onto companies by increasing domestic taxes on earnings made (and already taxed) in foreign countries.
Now that President Obama has repeatedly failed to resuscitate the economy and his policies are having the exact opposite effect, he’s doubling down on failure by stubbornly fighting to raise America’s debt ceiling and increase the tax burden on those who have manage to achieve… despite the best efforts of the Democrat party. He’s doing precisely what he promised he wouldn’t do: he’s trying to throw MORE money at the problem and hope it goes away long enough for him to work the same flim-flam that got him elected in 2008.
Posted by FullMetalPatriot
12th gen. American, Constitutionalist, Harley-riding Texan, gun owner & NRA member, blogger, illustrator, Florida Gator alumnus. #TCOT
12th gen. American, Constitutionalist, Harley-riding Texan, gun owner & NRA member, blogger, illustrator, Florida Gator alumnus. #TCOT
[...] Obama 2008: ‘We Won’t Just Throw Money at the Problem’ [...]