Sunday, June 5, 2011

The U.S. Economy - Obama Made It Worse

Recent Economic Indicators, including the June 3rd monthly jobs report showing weak job growth and a still rising unemployment rate, seem to confirm that Obama's (and Bernanke's / Geithner's) economic policies (stimulus, obamacare, energy, jobs, taxes, regulation, etc.) are not working while plunging the nation into crushing debt that likely can never be repaid.

This weekend there are a slew of well reasoned articles on the topic, the general theme being

"Obama has made things worse".

It can be pointed out that Obama did inherit serious problems. He inherited financial collapse, deficits and debt. He inherited a broken political culture. These things weren't his fault. They were the fault of many parties, both political parties and greedy financiers. But through his decisions and ideology, he made them all worse.

To compound matters, he stubbornly refuses to recognize that he is off course, as he continues to advocate for reckless deficit spending, massive government programs and the like.

So, without further ado, ...





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