The Dismal Record of Obamanomics Explained

   Bookmark and Share  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.

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The Trainwreck that is Obamanomics

The Economy is off the rails

American capitalism is the engine room of the global economy. Sadly, the guy in the engine room doesn’t know how the machine works. All he knows is how to toot his own horn. This is the real difficulty of the next four years if President Obama wins another term.

What should worry you is that Romney and Ryan are making little headway in the polls. Obama has the advantage of being the incumbent. George W. Bush had the same advantage, and in spite of negative perceptions abroad and demonization in the media at home, he still won in 2004. Obama has a lot less against him.

Romney needs to focus on the economic issues, not get himself embroiled and lost in skirmishes on foreign policy issues. He needs to do two things. First, he needs to clearly spell out the trajectory four more years of Obamanomics will take us through.

Spell it out:

Step by step.

Failure by failure.

Cent by cent.

The Fraser Institute in Vancouver points out that Canada is more economically free than America. Where is America? Between Qatar and Kuwait. If that is not a warning bell then I don’t know what it is.

Obama sold himself on the economic issues in 2008, which made the economy even worse. Investors and businesses took even more drastic decisions in response to the Obama gloom rhetoric. Having set up the premise that the global economy was in a more severe state than it actually was, he set himself up as savior. He promised he would come in on wings of angels, as Hilary herself told us, to save the world.

And it worked! As an election promise, as a selling point, it worked. As a presidency, it has failed miserably. He got four years and he’s blown it. The engine is going off the rails.

Does this look like a competent driver to you?

The debt piles up. The jobless are piling up. The government is bloated even more. People, as Romney rightly said, are increasingly dependent, and voting for Romney would feel to them like turkeys voting for Christmas.

If Obama stays in situ, then the engine will break down beyond repair. America cannot afford the load he is trying to pull, and nor can the global economy.

Romney and Ryan need to focus. If they can’t get this message home, and if they can’t inspire America to get this engine moving again, then they don’t deserve the job in the driving seat.

Fraser report can be found here: http://www.freetheworld.com/release.html

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