President Obama has given himself an INCOMPLETE grade on the economy. Former President Bill Clinton speaking at the DNC said no president, not even he (Clinton), could turn the economy around in four years. Most Americans would give that to the president. But most Americans would also expect see some improvement, heading in the right direction in the four years, not going the other way as Mr. Obama has taken the country.
So, taking a look at the cold, hard numbers Mr. Obama deserves an F:
- 42 – Consecutive months with (official) unemployment over 8%.
- 66,000 – Average number of jobs added per month since recovery started (Below level needed to keep up with population growth.)
- 63.7% – Labor force participation rate (30-year low.)
- 52% – Percentage of voters that say the nation is in worse condition.
- 54% – Percentage of voters that say Obama doesn’t deserve reelection based on his job performance
- 31% – Percentage of voters that say the nation is in better condition today than when Obama took office.
- $16,000,000,000,000 – National Debt will hit $16 trillion today.
- $1,311,000,000,000 – President Obama, on average, has added $1.311 trillion of debt per year.
- 7 – Months since Obama last met with jobs council.
- 100 – In that same time, Obama has held over 100 fundraisers.
- 1,224 – Days since the Democratic-led Senate adopted a budget resolution, on April 29, 2009.
- 0 – votes Obama’s budget received in the Senate and House (414-0 in the House, 99-0 in the Senate.)
Regardless of what the situation was before he got into office, does this look like it receives an ‘incomplete’ grade to you? We are reminded that the economy was in bad shape when the president took office almost four years ago. What was his focus? Not the economy and jobs as it should have been, but Obamacare. And now he wants a second chance to get the economy right. He himself said that if he didn't straighten the economy out he would be a one-term president...We need to hold him to that.
