By: Reince Priebus
Tuesday, November 1, 2011
“Take the president at his word. Specifically, these words on the economy from February 2009: ‘If I don’t have this done in three years, then there’s going to be a one-term proposition’…
“Barack Obama has failed his country — not by some partisan standard but by his own standards.
“Despite record unemployment…Top Democrats happily proclaimed the economy was on the ‘upswing.’ As more than 14 million Americans searched for work, White House press secretary Jay Carney brashly announced the economy had ‘vastly improved…’
“’It could’ve been worse’…became the de facto mantra of the Obama campaign…not a particularly inspiring bumper sticker — and really, it’s not even true.
“The biggest structural impediments to growth are products of the Obama White House. Regulatory reform, instead of protecting consumers, vacuumed massive amounts of capital from the private sector. Businesses, unsure how to interpret ambiguous legislation, are holding hundreds of billions of dollars in liquid assets that could be used to hire American workers...
“Obamacare — the Patient Protection and Affordable Care Act — has proved to offer neither protection nor affordability. Health care costs continue to skyrocket, and 18 million people will still remain uninsured…
“The stimulus — the first one — is perhaps the most pronounced failure by Obama’s own standards. For $825 billion, we were told, unemployment would stay below 8 percent. Since then, unemployment has hovered around 9 percent for 29 straight months.
“Policy is not judged on what it purports to do but, rather, what it achieves…Obama’s policies... have made things worse, not better.
“Most disturbing of all was Vice President Joe Biden’s fearmongering. He recently declared that the opponents of their plan would cause an increase in murder and rape. He raised the specter of widespread violence for the sake of politics, saying he wished opponents of the president’s reckless spending ‘had some notion what it’s like to be on the other side of a gun’ …he replaced the mantle of hope with a cloud of fear.
“Gallup tracking polls repeatedly put his approval rating below 40 percent…States like New Hampshire, Florida and Virginia, which Obama won in 2008, are taking on a much redder hue…
“In 2012, voters will have a very clear choice: whether to reelect a president who has erected roadblocks to economic recovery or to choose a party dedicated to liberating American innovation from heavy-handed bureaucrats. It is, in short, a referendum on Barack Obama. And as Republican victories in the recent special elections…illustrate voters are ready for a new direction.
“As it turns out, then-Sen. Biden was right when he said the presidency is not a place for ‘on-the-job training…’ The president’s record is devoid of accomplishment, and his inexperience has dramatically compounded the effects of an economic disaster to devastating effect.
“So when they say ‘it could be worse,’ they’re not entirely wrong: The president could have a second term; he could get another four years…”
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Economy Jobs, Wages and Unemployment