You get handed the worst economy since the Great Depression
We hear this line quite often from the left, Obama even went as so far to open up the debate with it, I'm not sure if it's the worse economy since the great depression, but let's assume that is was for a moment, Is the solution to improve our troubled economy to throw Trillions of dollars of borrowed money at the problem?..
This is the liberal solution to everything, when something needs fixing, throw more money at it and problem solved, but it didn't work, DID IT?.. It rarely does UNLESS you have the right policies in place to make it work.
The $1 Trillion in job stimulus did very little to create jobs in the PRIVATE sector... And if you go back and research when the recession officially ended, it ended BEFORE any of the Stimulus money was spent.
The Stimulus was nothing but a sham, it was used as a pay off to the unions and contributors who donated to Obama's 08 campaign... The rest went to states to retain public sector jobs, shore up budget shortfalls to states, colleges and public employee pensions, growing the size of Government while the public sector suffers, keeping our growth rate below 75% GDP which is LOWER than Cuba and Pakistan.. Nice.
The reason we have LOW growth and a national unemployment rate of 14.7% is primarily because of the failed policies of the last 4 years, When you shut down coal plants, you LOSE jobs, When you shut down deep well oil rigs off the Gulf coast you LOSE jobs, When you shut down oil refineries you LOSE jobs and drive UP the cost of fuel, $5 per gal. in California right now, What was it when Bush left office? Oh yeah,
$1.68 per gal!
When you pass ObamaCare that says to businesses big and small that you MUST provide health care to all your employees, you LOSE jobs and slow growth, When you increase the corporate tax rate you LOSE jobs and slow growth.
Jobs are PEOPLE, Real human beings that have suffered under the reckless policies of the last 4 years.. These are NOT Bush policies, Bush did not give us Obamacare or unleash the EPA to go after energy companies, Bush did NOT increase the corporate tax rate, Bush did NOT increase regulations on businesses, Bush did NOT give us Dodd/Frank, It was Obama with the help of his stooges in congress that gave us all these.. These are ALL Obama's job killing policies, NOT Bush's.
And Obama has the audacity to go on the campaign stump and try and convince America he cares about the middle class, LOL.. that's certainly NOT what his policies tell us.
Over 4 MILLION private sector job losses under Obama's watch
AFTER the country was OUT of recession in 2009, And Obama took full credit for ending the recession remember?
So do me a favor Sam, spare me the "
Obama inherited the worst economy since the Great Depression", because it
NO LONGER APPLIES.