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 Liar-In-Chief Hits New Height in Hypocrisy

  Bookmark and Share  When it comes attempts to define President Obama’s debate related claim that Mitt Romney is a liar, my first reaction is tell you that the claim is the best case of the pot calling the kettle black that one could ever imagine.  But that would be characterized by the left as blatantly racists.  So here’s how I would explain President Obama’s charge.

Ever since President Obama lost last week’s debate, the left became apoplectic and tried to work through a series of emotions that ranged from fear over losing the election and anger over the President’s ineptness, to disappointment with his performance and embarrassment over his inability to defend his record. Once their shock wore off and they were able to collect themselves they quickly offered up an endless array of excuses for the President’s truly disastrous debate performance.  Some suggested that he was preoccupied by an unfolding international crisis that was yet unknown to the general public or possibly even a personal crisis.  Others like Al Gore suggested altitude poisoning was to blame. But by the time morning came, the President’s campaign released their own excuse for his embarrassing performance in a talking points memo that went out to the leading liberal spinmeisters and the left immediately fell in line to spread the word.

According to the President and the left-wing propaganda machine, President Obama failed to beat Romney in the debate because he was thrown off by the lies Romney was telling throughout the debate.  According to the President and his people, Mitt Romney lied about his own record and plans for America as well as the President’s record and plans for the nation.

The problems with that excuse is that President Obama was the one who was clearly trying to lie his own way through the debate.  With a clear inability to defend his own horrific record against Mitt Romney, President Obama tried his best to continue waging the class warfare reelection strategy that has successfully energized his base.  Part of that strategy was to try and describe Mitt Romney’s economic proposals as a $5 trillion tax cut, mainly for the rich.

But as attested to in the latest Romney ad seen below this post, the only liar on stage in Denver last week was President Obama.

When it comes to Mitt Romney’s tax plan, what President Obama neglected to mention was that when he made the charge that Romney’s tax plan cut taxes by $5 trillion, he was actually lying by taking skewed numbers from a scoring by the Tax Policy Center.  That analysis claimed  the Romney plan shifted $86 billion in taxes from the well-off to the middle class. But the problem with that particular assumption is that it relies on a false narrative which contends the reduce rates would not spur economic growth and generate new tax revenue.   Dynamic scoring of the same Romney plan  concludes the economic growth generated by those reduced tax rates would fill $53 billion of that $86 billion hole.  As for the remaining gap, Romney’s plan  to eliminate exemptions on state and local bonds and life insurance policies, would would raise an additional $45 billion.   That means that by eliminating exemptions and prompting new growth, Romney’s plan is likely to actually lower top rates and still raise more revenue.

Making President Obama’s claims even more unreliable is that the author of the initial study that Obama was misinterpreting is  now admitting, that “under those conditions and policies, Romney’s plan “would be revenue neutral.”

But with all these numbers being discussed and explained you are probably still confused with where President Obama’s $5 trillion figure came from.  Well the truth is that it is a figure which he practically pulled straight out of his ass.

Obama took the Tax Policy Center study  which neglected to  figure in the ensuing economic growth that would make Romney’s plan revenue neutral and erroneously concluded that the plan would lead to $480 billion in lost revenues by 2015.  The Obama campaign then took that incorrect figure and multiplied it by a decade.  That left them with $4.8 trillion, which they then rounded up to $5 trillion.

So that explains the lie behind the man who was really trying to deceive voters… Barack Obama.

But that wasn’t the only lie President Obama tried to muddle through the first debate with.

President Obama claimed that Romney’s plan would raise taxes on middle class families yet this flies in the face of what The Associated Press and other studies concluded which is that Romney’s  plans would not raise taxes on anyone.

Our President also used the debate to claim that  Obamacare would make health care premiums more affordable.  According to him,  “when Obamacare is fully implemented, we are going to be in a position to show that costs are going down. Over the last two years, health care premiums have gone up — it is true — but they have gone up slower than any time in the last 50 years. We are already seeing progress.

But Factcheck.org found;

“Obama wrongly said that over the last two years, health care premiums have ‘gone up slower than any time in the last 50 years.’”

Meanwhile, The Associated Press noted ;

“In 2011, premiums jumped by 9 percent” and “this year’s 4 percent increase was more manageable, but the price tag for family coverage stands at $15,745, with employees paying more than $4,300 of that.”

On the issue of Social Security the President stated during the debate that;

“Social Security is structurally sound. It’s going to have to be tweaked the way it was by Ronald Reagan and Speaker — Democratic Speaker Tip O’Neill. But the basic structure is sound.”

Yet contrary to his claim, the Congressional Budget Office concludes that Social Security will run into financial deficits. Clearly that is not a structurally sound program.

So it would seem that President Obama dedicated his first debate in the 2012 election to doing exactly what he is trying to claim Mitt Romney did… lie.  Now where I come from, that is called hypocrisy.  It’s something that even liberals would normally shun in their leaders.  But something tells me that the left will handle this the same way they have with everything else Barack Obama has ever said and done.   They will refuse to hold him accountable.

Meanwhile, congressional investigations are now taking place as we try to uncover exactly what was behind the Obama lies surrounding the terrorist attack that killed our Libyan Ambassador and three other Americans.  But if all of that still isn’t enough to convince you that Barack Obama is our Liar-In-Chief, I suggest you see watch the video below.  It’s an original,  un-narrated documentary that looks at Obama and his first term with regards to transparency, healthcare, taxes, fairness, energy, and the national debt through his own words

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New White House 2012 Projection Has Romney Winning By 24 Electoral Votes

  Bookmark and Share With 29 days remaining in the race for President, White House 2012’s latest analysis of polls, circumstances, and conditions, concludes that there is a swing towards Mitt Romney in the Electoral College that is so pronounced that the Romney-Ryan ticket has increased its lead over the Obama-Biden ticket by at least 24 electoral votes.  The last White House 2012 projection had Mitt Romney winning 273 electoral votes to the presidents 265 electoral votes.  Today Romney stands at 281 electoral votes to 257 for the President.

For the first time, the latest projection gives Romney the all important state of Ohio, which up to now has been written off by White House 2012 as an almost certain win for President Obama. However, small shifts which have revealed themselves in most of the polls figured in to the Real Clear Politics average of polls since Romney’ stellar debate performance last Wednesday, now indicate that if the numbers hold up, Romney will win Ohio, a change that significantly increases the number of ways that Romney can reach the magic number of 270 that is needed to win the presidential race in the electoral college.

While Romney seems to be gaining momentum, it is too early to call it a steady trend, especially given the fact that while Romney has picked up Ohio in the newest projection, New Hampshire and Nevada which Romney did have in column last week, have flipped back to President Obama today.  The good news is that combined, New Hampshire and Nevada have a total of only 10 electoral votes while by itself Ohio has a total of 18 electoral votes.  So even if Romney did lose Nevada and New Hampshire, he stands on better ground after picking up the Buckeye State.  However; it is important to note that White House 2012 is being very conservative by flipping New Hampshire and Nevada to the Obama-Biden ticket.  While the RCP average has pushed the President’s lead in those two states to be in excess of the 3.7% margin of error which we give to Mitt Romney to compensate for each polls poor judgment in the use the 2008 turnout models, other factors prove to be working in Mitt Romney’s favor and allow us to give the President those states by only the slimmest of margins. So both New Hampshire and Nevada are now only barely light blue for the President and they could easily turn pink for Romney at a moment’s notice.

While most states are clearly leaning towards one candidate or the other, White House 2012 is currently only considering there to be seven battleground states.  They are Colorado, Florida, Iowa, New Hampshire, Nevada, Ohio, and Virginia.  Of those states, White House 2012 currently projects the following outcomes;

White House 2012 does see the potential for Romney to become much more competitive in Wisconsin, New Mexico, and possibly Michigan but for now, we do not consider them to be battleground states.

Other Favorable Indicators for Romney

As the race continues to evolve, this projection will change, however; at the moment the race is shaping up to be one that is moving in Mitt Romney’s direction.

For instance, it is with good reason that we continue to forecast Romney victories in the critical states of Florida and Virginia.

While some polls show small Romney leads in those states, most all other polls show Romney to have at least closed the small previous gap that existed between him and the President by as much as half or more.  For example, the latest number from PPP, a Democrat leaning polling outfit, shows that in Virginia, Obama’s lead has shrunk from +5  to +3.  While that Obama lead might not seem like good news for Romney, it is actually very good news when you consider the fact that by using the same turnout model from 2008, the PPP sampling finds this smaller Obama lead even after still giving Democrats a +6 advantage over Republicans.

Furthermore; it is that same Democrat advantage that polls are giving to the President which we see in other states such as Ohio, Florida, New Hampshire and all the other critical swing states.  Yet despite this Democrat advantage, Romney is gaining on the President.  So much so that WH12 sees evidence that indicates the Romney-Ryan ticket will probably not only win the election, they will probably win it by an even wider margin than anyone thinks possible.

Adding to this positive direction for Romney are indications that his own internal polling in at least two states. Currently, those internal polls are said to show Virginia and Ohio show him beating Obama by as much as 3.0% and 4.5%, respectively.

Conclusion;

The recent questionable jobs report has provided a slight spike in consumer confidence but it has not yet translated in to a bounce for the President.  At the same time, President Obama’s approval ratings continue to remain at or below 50%, a position not conducive for reelection of an incumbent President. 

Meanwhile, after his initial debate performance Mitt Romney has established himself as a real threat to the reelection of President Obama.  For the first time since their conventions, Romney is seeing evidence of his base becoming excited with his candidacy and there are signs that undecided voters are moving in his direction.  But Republicans must be careful to not consider this a trend until and unless future polls over the course of the next week show these recent numbers to still be moving in the right direction.  However; at the moment the Romney-Ryan ticket seems to have blocked President Obama’s own forward momentum in the polls and at the same time has finally gotten his campaign moving at pace that could turn the tables on the Obama-Biden and make them the ones with fewer paths to victory.  But to do that, Romney must be sure to keep the momentum moving in the right direction and at the right pace.  To do that, Romney must avoid any stumbles on the campaign trail and he must make sure that an endless repetitive stream of his well crafted 30 second ads are driving home his message and allowing it to sink in among the voters who have a new found respect for Romney after his first debate and are now more receptive to his message than they have been at any other point in this election.

The Projection Formula

The White House 2012 projection takes the Real Clear Politics average of polls and compensates for the outdated 2008 turnout models being used in each in poll by compensating for the under-counting of Republican turnout by adding to Romney’s total, the 3.7% average margin of error in the seven key swing states of Colorado, Florida, Iowa, New Hampshire, Nevada, Ohio, and Virginia.  Then along with a dose of personal political instinct, our projection incorporates other factors in to the equation such as the unemployment rates of individual states and the organizational strength of each state’s Party. 

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Internal Polls Have Romney Ahead in at Least 2 Pivotal Swing States

  Bookmark and Share   According to Breitbat editor Mike Flynn, the Romney campaign has internal polls that now show the Romney-Ryan ticket ahead of President Obama in two important battleground states… Ohio and New Hampshire.  According to two tweets posted by Flynn  on his Twitter feed, Romney’s internal polls have him beating the President in New Hampshire by 3.0%, and an almost unimaginably wider margin of 4.5% in Ohio.

If these numbers are true, this would suggest that my own estimation of a Romney victory that will be much bigger than most people think possible, could be shaping up.   Especially if Mitt Romney is ahead in Ohio.

While I have sensed that this race is not quite as close as most polls indicate, my inability to totally discount the preponderance of public polling numbers that are out there has been leading me to conclude that in 2012, the G.O.P. may win the White House without Ohio for the first time in history. Part of the reason for that opinion has been due to the available polling data.  The other part is my knowing that President Obama is going to do everything possible to win the Buckeye State for himself.  Doing so would leave Romney with significantly fewer paths to victory.  But aggressive campaigning by Romney in several other key states, specifically Iowa, Colorado, New Hampshire, Nevada and of course Virginia and Florida, has led me to conclude that while Team Romney has by no means written off Ohio, they are actively working on Plan B…. the plan to win the election without Ohio if necessary.

But if these leaked internal polls are accurate, Mitt Romney is currently on his way to being able to carry out his preferred plan of winning the election with Ohio and the way I see it, if he can do that, Americans will be stunned to find out on November 7th that Romney beat President Obama by far more than anyone predicted.

If the Romney-Ryan ticket can win Ohio, that bodes quite well for additional victories in swing states like Florida, Virginia, Iowa, Colorado, and New Hampshire.  Given the make-up of Ohio, it is very good bellwether of the sentiments that exist in those aforementioned states.  Furthermore, a lead in Ohio would also indicates that Nevada is quite winnable.  Even more stunning is that it could be a sign that Romney is in contention for wins in other states like Wisconsin, which according to most polls is currently slipping away from the G.O.P. presidential ticket.  No matter what though, a lead in Ohio would significantly turn the tables on the Obama-Biden ticket by suddenly making them the ticket with fewer paths available to them to reach the magic number of 270 in the Electoral College.

Unfortunately for Romney backers, the reliability of this second and now third-hand information is not enough for us to hang our hats on yet.

While all campaigns conduct internal polls, they do not spend much time publicly talking about them or releasing the data and information contained in them.  By law, if a campaign releases any numbers from their internal polls, they must release the entire poll.  However, as is always the case with politics, campaigns can and do find ways to see that certain tib-bits somehow leak out for public consumption without being caught.  In this case,  no one can be sure of where or how Mike Flynn got hold of these numbers.  But if he did somehow get a look at the Romney campaign’s actual internal poll numbers for Ohio and New Hampshire, the news contained in his two tweets changes the narrative of this election by turning President in to the underdog in the race.

If the numbers Flynn released are actually from the Romney campaign’s internal polls, you can rest assured that they are accurate.  Mainly because of Neil Newhouse, the man who put those numbers together.

Neil Newhouse is Romney’s chief pollster and globally, one of the best pollsters around.   He is a co-founder of Public Opinion Strategies, a national political and public affairs survey research firm that has been described as “the leading Republican polling company” in the country and in 2011 he was named “Pollster of the Year” by the American Association of Political Consultants for his work on Scott Brown’s winning Senate campaign in Massachusetts.

At Public Opinion Strategies, Newhouse developed a culture and approach to winning that is practically unsurpassed as he successfully helped political candidates win tough campaigns and scored hard-fought successes in the public affairs arena for some of America’s leading corporations and associations.  Through his polling efforts Newhouse has been a master at taking accurate polls and using the information derived from them to successfully tailor the type of winning messages that have allowed his candidates to get elected.  So if Neil Newhouse’s polling does actually have Romney up by as much as 3.0% in New Hampshire and 4.5% in Ohio, chances are that the vast majority of public polls which are basing their models on outdated 2008 turnout models, are offering us a very misleading perception of just how tight the election will actually be.

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New Romney Ad Outlines the Cost of the Recent Jobs Numbers

 Bookmark and Share  In the wake of the latest report on jobs numbers to come out of the Obama Administration,  Mitt Romney’s campaign has issued a new campaign ad (see ad in video below this post) called “The Facts Are Clear”.  That report recently indicated that the unemployment rate is now at its lowest level since the President took office.  However, for reasons explained exceptionally well here, many find those numbers to say the least, misleading, but this ad does not directly challenge those numbers.  Instead, it questions the high cost which supposedly produced those improving but still dismal numbers.

The ad is another simple but succinct 30 second spot which drives home the point that facts still prove President Obama’s policies are not working.

With an interesting twist, the ad focusses on President Obama’s spending policies, specifically his deficit busting stimulus programs which the President often claims has led to the creation and saving of jobs.  The ad suggests that even if the most recent jobs report is accurate, the President’s spending policies that he would have you believe are the reason for the drop in unemployment has added almost as much debt as all forty-three previous Presidents combined.

The ad states;

“President Obama says he’s creating jobs. But he’s really creating debt. The facts are clear. Obama’s four deficits are the four largest in U.S. history.

He’s adding almost as much debt as all forty-three previous presidents combined. And over thirty cents of every dollar Obama spends is borrowed. Much of it from countries like China.

He’s not just wasting money.

He’s borrowing it, and then wasting it.

We can’t afford four more years.”

While this commerical is not directly connected to the controversial new jobs report, it does help to put those numbers in the right perspective for voters and it does so by raising 2 key points;

  • After 4 long years is an arguable but undeniably miniscule 0.3% drop in unemployment actually worth all the deficit spending behind the President’s  job creation policies that went into achieving that deceptively good number?  The ad argues that even if the unemployment numbers are accurate, all the money spent and debt accumulated simply makes those results too little, too late.

Point two;

  • To make matters worse than most American know them to be, not only has President Obama’s tax, spend, and strangle the economy with regulation policies not been creating, if any jobs,  they have ultimately sold future generations of Americans to China by borrowing money from the Chinese that keeps us in debt to them.

The ad is perfect.  Like many of Romney’s other more recent ads, it is not an example of a stunning, creative marketing scheme.  it is not an ingenious masterful Ronald Reagan “Morning In America” ad.  However; the ad will be extremely with targeted airings and the money to repeat it enough times to sink in to the mind of the independent voters in Colorado, Florida, Iowa, Nevada, New Hampshire, Ohio, and Virginia… the swing voters in the battleground states that Romney needs to win the election.

Most Americans won’t see this ad.  Most Americans live in states which are predictably going to give their electoral votes to either Romney or President Obama.  But you can rest assured that the Americans who will be seeing this and similar Romney ads are the ones that Romney needs to see it.  And if they are repeated enough times in the same households, the narrative behind the points in this ad, which is that we can’t afford four more years of Barack Obama, will settle in to the subconscious of the critical undecided, swing voters in those households… even if they do not consciously realize that is settling in.


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First Reliable Post Debate Polls Shows the Momentum Behind Romney

  Bookmark and Share   Rasmussen Reports has released the first major polls for the critical swing states of Florida, Ohio, and Virginia since Romney’s masterful debate performance on Wednesday night.  The surveys seem to indicate that the first presidential debate has provided Romney with some of the forward momentum that previous polling indicated he needed in those states as Romney closes the gap in each of the three states to within either a percentage point behind or ahead of President Obama.

While all of this is good news for Mitt, the best news of all is in the Ohio numbers.

  • FLORIDA:    Romney 49% – Obama 47%
  • OHIO:            Obama 50%   – Romney 49
  • VIRGINIA:  Romney 49% – Obama 48%

Up to now, White House 2012 has largely concluded that Mitt Romney was likely to become the first Republican to win the White House without winning Ohio.  Barack Obama knows that without Ohio, Romney has significantly fewer paths leading to the 270 electoral votes needed to win the election.  For that reason, the Obama-Biden ticket has targeted Ohio and made it the key to their own reelection effort.  So far they have done so with success by exploiting the President’s bailout of the auto industry which in one way or another, employs a significant number of Ohioans.  But these new numbers may now show that the Obama strategy to deny Romney Ohio is going to be tougher than heretofore believed.  Apparently, Romney’s debate performance swung at least some minds in his direction.  But the apparent turnaround in Ohio and Obama’s struggle to deny Romney the state is a problem for the President that is only compounded by the fact that the latest Rasmussen poll now also shows Romney ahead in Virginia and Florida.

If this trend continues, the tables can quickly turn and President Obama can find himself the one losing the number of paths available to reelection.

On Monday, when these and other polls are figured in to the  RCP average of polls, White House 2012 will be updating its own Electoral College projection which currently gives Romney an 8 vote lead over President Obama.  (See the current WH12 Electoral College Projection here.)

The White House 2012 Electoral College projection is based upon a formula which uses the average margin of error in all the polls that Real Clear Politics uses to reach its average of polls.  This formula compensates for what we believe is the undercounting of the Republican voter that most polling outfits are using by basing this election on the 2010 turnout models.  Under this formula, White House 2012 currently adds 3.7% to Romney’s RCP average in each of the swing states of Colorado, Florida, Iowa, Nevada, New Hampshire, and Virginia….  the six  states we believe are still undecided.  North Carolina which is considered a swing state by the mainstream media, is not considered such by White House 2012.  We believe that Romney will win North Carolina and have put that state and its 15 electoral votes in Romney’s column.

As indicated in the map below with blue states being for Obama and red states being for Romney, most other states are clearly in the column of one candidate or the other.   A few exceptions could present themselves though in the coming weeks.  White House 2012 suspects that Wisconsin, Pennsylvania, and New Mexico could open up and become much more competitive for Romney than it currently is.  If that happens, WH12 will consider them toss-ups and apply the 3.7% formula to their RCP average.

 

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Last Night WAS a Game-Changer…you’re hearing it here first!

Just google “presidential debate not a game-changer” and you’ll find there lurking the liberal media’s true response to the debate. But, as James Carville said on CNN, “Obama just debated with a chainsaw” and lost. Chris Matthews went on yet another crazed rant, while Bill Maher tweeted his disgust, no doubt wondered what he had wasted a million dollars on. President Obama and the liberal media were severely beaten up last night.

A significant victory for Romney in first debate

Had Romney lost the debate, the liberal media would have been quick to place an RIP tombstone on their coverage of his presidential campaign. This is the headline they’ve been building up to in recent weeks. Romney is unknown, lackluster they said. Last night, they learned some unknowns about the President and if they didn’t know it before they realized that teleprompter-less he is the lackluster one.

Mr Obama’s arrogance was that he assumed the RIP sign was already set in stone. Perhaps he thought he only had to do a Clint Eastwood and debate with an empty chair. Or, was he just trying to give a performance to make Jeo Biden look good next week? All sorts of excuses were offered on Twitter under the hashtag #ObamaDebateExcuses, and if this doesn’t give the comedians great material to take the plank out of the eye of their election humor, then I don’t know what will.

Joking aside, Obama found Romney on the top of his game and ready to show the electorate his strengths. What was surprising was not the fact Romney won, but the scale of his victory. CNN released a poll that gave the Governor a 67% win vote on the night.

Of course, Romney had to win, but what will put the wind into the sails of his campaign is the scale of victory. Charles Krauthammer, who I so often agree with, said this was no game-changer, but I have to qualify his statement. True, there is no immediate real game-changer, but if Romney wins on November 6 the suddenly wise media will look back on last night and say “yep, that was a game-changer.”

 

 

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