Cheesy Slogans and vauge promises of Change…
Now that reality is setting in for many Americans, President Obama’s promises of “Yes we Can” and “Change you Can Believe in” are starting to ring a bit hollow. Let’s face it. President Obama’s policies are not working the way he promised and people are starting to feel it in the pocket book. And the pocket book is the end all and be all of Presidential Administrations.
Bill Clinton won in 1992 with “it’s the economy, stupid!” George W. Bush won by offering a larger tax cut than Gore in 2000. And Obama won in 2008 by offering tax cuts to the middle class and promising to revive the economy. But now that we’re six months in and 7 million people have lost their jobs and Obama’s administration is claiming that they “misread” the economy it’s looking pretty bad.
Political rhetoric can only get you so far. Obama constantly blamed George W. Bush for the recession and tied Republican candidate John McCain to Bush during the election. Obama constantly reminded the populace that the economy was “inherited” by him from the Bush administration when he was pushing for the stimulus package. Now those words are hanging around but mean nothing. The American people had these words and policies shoved down their throats and it is a bitter bill to swallow (pardon the pun).
President Obama has shown either a lack of understanding in economic matters or a complete disregard for them. Either way it is unforgivable, especially since the economy was his calling card. The economy is getting worse and worse and more and more people are shifting the blame from Wall Street and Bush to Big Business and Obama, who seem to be teaming up to destroy the American economy.
The ramifications will be a loss of the super majorities that the Democrats have in both houses of Congress. If the Republicans can regain power in the congress, that might be the most beneficial thing for the economy as President Obama is weak and is easily influenced by Congress. This economy will eventually recover in two to four years.
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