A new video from the Center for Freedom and Prosperity Foundation shows voters who care, how and why Obamanomics is a dismal failure. The approximately 6 minute long video offers a clear and concise explanation of how the tax and spend solutions that President Obama offered to stimulate our economy had the exact opposite effect.
The video explains everything from how the President’s first $800 billion stimulus package failed to produce jobs, to how cash for clunkers proved to be a clunker that left America $1.4 billion poorer, and how other liberal endorsed Obama policies, rules, and regulations cost us more in jobs and capital than they created.
This short documentary also goes beyond simply explaining how Obama’s economic policies have failed us, it also goes right to the heart of the President’s attempt to make us believe his false logic behind the argument that while things may not be good, his policies have prevented them from being worse than they would have been had those policies not been enacted. The narrator in the video explains how that while President Obama would have you believe that he inherited the worst since the Great Depression, the truth is that the economy who took control over in 2009 was still in better shape than the economy that Ronald Reagan from Democrats in 1981. In this video you will even see how despite inheriting economic circumstances that were far worse than those facing Barack in 2009, in 1981 Ronald Reagan and his policies improved the nations economy at a far faster pace than Obamanomics has. It shows how while economic growth under Ronald Reagan was at 5.6% under Obama it has been that rate has been stuck at a painfully sluggish pace of 2.2%. As for unemployment, while Reaganomics decreased the it by as much a% during his first three years in office, Obamanomics has brought down by a mere 1.8 percentage points. And while inflation was reaching double digits when Reagan came to office, he cut that rising rate by two-thirds and got it down to 3.5%. Under Barack Obama, inflation has in creased by 1.7%.
After seeing this video you will understand that for the last three and a half years, the only thing Barack Obama has succeeded to do is suppress the type of recovery which this nation uses experiences after a recession. In the past the deeper the recession, the more robust the recovery is. But Barack Obama has upended that historic reality. Thanks to him and the liberal led Congress, America is in the midst of slowest economic recovery ever.
So sit back and watch this informative video. It will not only give you a better understanding of the issue, it will also help you to see exactly how big a liar our President is.
Filed under: Economy, Unemployment Tagged: | 2012 election coverage, 2012 election sites, 2012 election websites, 2012 Presidential Election, 2012 presidential election sites, 2012 race for president, 2012 Republican presidential candidates, 2012 Republican presidential election coverage, Anthony Del Pellegrino, are we headed for a double-dip recession, Barack Obama, cash for clunkers, Center for Freedom and Prosperity, Center for Freedom and Prosperity Foundation video, Center for Freedom and Prosperity Foundation video on the economy, documentary on the obama economy, Economic policy of Barack Obama, economics 101, economy, election 2012, election websites, Great Depression, how severe is the recession, kempite, meet the candidates, obama, Obama's dismal economy exlplained, Obama's economic failures, Obamanomic 101, obamanomics, obamanomics is failing us, Paul Ryan bio, politics 24/7, presidential election coverage, presidential election websites, Reaganomics, Ronald Reagan, the truth about the obama economy, top ten 2012 presidential election websites, United States, White House 2012, whitehouse12, whitehouse2012, wordpress political blogs, worst economic recovery in history