Barak Obama 44th President of the United States Government
73On 9/8/10 President Barak Obama on the campaign trail in Ohio spoke
to the American people about the economy and his plan to restart the
economy.
Again the Republican members of Congress and Republican Minority
Leader Boehner was blamed for the recent recession and unemployment
loses. Obama chastised the Republicans for not cowing up to the mistakes
of the last 8 years during the Bush Presidency. President Barak Obama
said ‘’ there was just the same philosophy that they(Republicans) had tried
during the decade they were in power ‘’ and ‘’ philosophy that led to the
mess in the first place, cutting more taxes for millionaires and cutting
more rules for corporations’ another quote from the president was ‘’ the
Republicans come back and offer a credible approach to solving our
country’s problem’.
For the president to make untrue statements about
the minority party and past President Bush is unpresidential and beneath
the dignity of the office of the president of the Unites States.
President Obama stating that the past Bush administration’s actions were the cause of the
recession without mentioning that the Democrats took control of Congress
in Jan of 2007, Obama was in the senate during the same time, with
unemployment at 4.6% (Bush and the Republican controlled congress )
and the economy in good shape was not mentioned. The recession according to economist
started in Dec of 2007, approximately 1 year after the Democrats took a
majority control of Congress. That's a fact.
It was in Oct of 2008 that the Democrats with some Republicans passed
the Tarp $700 billion financial bail out bill. It has been reported that the
$700 billion has been paid back to the treasury with interest. President
Bush left office with a $600 billion deficit.
In Jan 2009,candidate Obama was sworn in as the 44th President of the
United States government. The Democrats with a SUPER majority
Congress and President Obama now had control of the federal government.
The 111th Congress promptly upon URGING from the president passed the
$787 billion STIMULUS BILL without any of the minority party (Republican
members voting for the bill. President Obama stated that ‘’shovel ready
jobs ‘’ would put people back to work and that unemployment would not
exceed 8%.
The stimulus package is now $812 billion, the revision was
made by the CBO. As of today only 65% has been spent, there remains
over $300 billion yet to be spent. For President Barak Obama some 21
months later to be asking to spend another $200 billion needs to be
questioned by Congress
.
There are 14.9 million unemployed workers ,
unemployment is approaching 10% and the economy is slowing with the national debt
at 93% of GDP. Economist agree that any percentage over
90% is a warning sign that spending must be brought under control. The
deficit in 2009 was $1.4 trillion, in 2010 it was 1.3 trillion and projected
in 2011 to be $1 trillion plus. Note that the 2011 budget has not been
debated or approved as yet. The fiscal year 2011 starts on Oct 1,2010.
President Barak Obama proceeded to outline proposals to help to put
more people back to work as the economy slows. The president’s plan
Adding $50 billion in Infrastructure spending
Make permanent a $100 billion Research and Development tax credit
Offer a $ 200 billion tax credit for Business equipment for capitol improvements
for 2011
A recent poll indicated that 70% of the people are not in favor of anymore
spending by the federal government. The arrogance of the President and
Congress in huge deficit spending with little results will determine what
the new Congress will look like after the election in Nov 2010.
President Barak Obama said that a lot has changed since Nov 2008, when
he was elected, ‘’ but what hasn‘t changed is the choice facing this country.
It‘s still fear versus hope; the past versus the future. It‘s still a choice
between sliding backward and moving forward, that‘s what this election is
about. That‘s the choice that you will face in November.’’ Sounds a little
familiar, Past President Clinton once said ‘’ it’s the economy stupid’’ when
running for re election in 2005.
Your Author
Jon Ewall
http://jon-ewall.hubpages.com/_ph9ejsxunalx/
CommentsLoading...
We can easily show that the congress was as much or more to blame as Pres. Bush. Congress write and passes the bills, not the president.
Keep on hubbing!
hubbers
Thanks for your comments
Why is Bush willing to shoulder the blame for the bad things that happened during his admin., yet Obama just can't abide it? 1. Flawed as he may have been, Bush had class as president. 2. Obama is a megalomaniac.
conservative
The past is the past and after 21 months President Barak Obama and the Democrat Congress needs to face up on how they have governed. In Nov the people will be heard and some of the scrum in Washington will be sent home.Don't forget to vote in Nov, Chicago style at least 2 times.
just joking!
Jon, Hi! Once again an excellent article, but this time you took it up a notch. There is no doubt the Republican's didn't do everything they should have, but these progressive Democrat's don't even read what they vote for. It's really not difficult to spend what you don't have. B.O. may be trying to destroy this country, so he can build it up. Great politics! H
HARVEY
check this one out.WE THE PEOPLE need to wake up to what is going on in Washington. Recently it was reported that $820,000 of the Stimulus Money was sent to Africa to show men having sex on how to clean up after the act. Anger and trying to figure out who approved the money.
Barak Obama said that Recovery.gov will show where the Stimulus money is going. Some months ago the news media exposed that money was going to districts that don’t exist. Fraud and waste of taxpayer money, you betcha.
hubbers
HERE'S THE LATEST!
Where are the jobs?
$111 MILLION to California for shovel ready jobs. Only $65 million has been spent = 56 jobs
Who would be held responsible for committing money to whoever, by the way the jobs were public sector city( union ) jobs.
HUBBERS
The Democrat record speaks for itself now 29 months after the 2008 election.
The Country HAS LOST 8 MILLION JOBS since OBAMA has taken office. Unemployment is 8.9% without counting all those who have given up looking for work. The actual estimated number is 15%, much higher in some parts of the country. Gasoline prices are $.93 higher since last year. The price of oil on 4/21/11 was $112 a barrel, the president‘s leadership to take command and release the necessary permits to resume pumping our own oil is exposing his inexperience and incompetence in the matter.
Just an update on the Healthcare BILL on the first year anniversary.
Obama said the unions would not be exempt, the unions are exempt.
What the president didn’t tell the people is that in the existing bill
there are $250 billion in new taxes and $500 billion in Medicare
cuts. The bill requires everyone to purchase insurance otherwise they will be fined.
1102 [New authority] Reinsurance for early retirees. Requires the Secretary, within 90 days of enactment, to establish a temporary reinsurance program to provide reimbursement to participating employer-based plans for part of the cost of providing health benefits to early retirees age 55-64 and their families.
the Obama administration released $50 billion, most went to union plans.
hubbers
The Obama Administration recently announced that no more waivers will be approved after Sept. 1/2011
The validity of the healthcare law is being heard in the federal court system. It is evident that the Supreme Court will decide if the HEALTHCARE law is constitutional.
Congress has yet to approve the 2012 budget. President Obama and the Democrat controlled Senate have not submitted a 2012 budget as of July 1,2011. The House approved the Ryan 2012 budget which does not change Medicare for those presently receiving Medicare until 2021.
hubbers
On Sept 8,2011, President Obama spoke to a joint session of Congress and to the American people.One of the issues that the President spoke about was that he wanted the pay roll tax cuts to be extended for working Americans.
I recently responded to a hub.
Obama wants to continue the pay roll tax deductions FOR WORKING TAXPAYERS. THE UNEMPLOYED DON'T GET a tax break. Also note what really is happening. The treasury is taking money from the General Fund and transferring funds to the Social Security Trust Funds to make up for the tax cuts for working citizens. Result is that WE the tax payers are indirectly paying for the tax breaks
If this is true, AMERICA BETTER WAKE UP!.
hubbers
TODAY, Feb.10, 2012 President Obama held a press conference to defend Obamacare forcing Catholic healthcare providers to pay for women seeking contraceptive devices for free. The Obama solution was a directive that insurance companies will be forced to provide the contraceptive service free of charge with no co-pays.
A typical Barak Obama press conference, the President speaks and tells the press that the government will direct the private sector insurance companies to provide the services for free. Obama ends the talk and walks off the speaker platform while the press shouts out questions. Is this is the same man who when running for election in 2008 promised to have the most open and visible administration? Really
Speaker Pelosi’s statement in 2009, regarding the healthcare bill said ‘’ we must pass the bill so that we know what’s in it’’. It appears that the Healthcare bill as passed has had many changes to satisfy the Obama administration .
Our Constitution only allows Congress to make law and the President to sign the legislation into law. Any amendments to a law is Congress’s responsibility not the Presidents . Where is Congress?
hubbers
an update
4/02/12
There’s some good reasons why obamacare should be repealed.
1. The majority of citizens polled, oppose the law
2. Speaker ‘’ reconciliation ‘’ Pelosi said ‘’ we must pass the bill so that we can find out what’s in it ‘’
3. Senators and Congressman didn’t even read the bill prior to voting on the bill, shameful as that sounds.
4. Obama promises Congress enough time(72 hrs ) to review the bill prior to voting on the bill. Somehow the promised time was denied to members of Congress
5.Congressional rules require a bill to be on the floor when voting takes place. A request to review the bill was denied, the chair response was that the bill was not on the floor and voting continued. Honest transparent government!
One must remember when the Obama ’’ transparency’’ administration and the Democrat SUPER majority Congress were exposed of behind closed doors special deals to members of Congress to get their vote to pass the bill. The bill was a 100% PARTISAN not bi-partisan as all bills should be when passed in Congress. For the Democrat leadership to blame Republicans is disingenuous and FALSE. Please note that the Healthcare bill was not written in Congress, it was written by an outside party hired by Senate leader Reid. The bill did not go to committees for review, debate and recommendations as required by Congressional rules.
Lastly , the Senators were denied debating the House bill, the necessary 60 Senate votes procedure was not allowed. Speaker Pelosi used a process called ‘’ reconciliation ‘’ to by pass the SENATE 60 vote procedure because the Senate was unable to get 60 votes to pass the bill. With the procedure, a simply majority vote by-passed the 60 vote requirement. Surely OPEN and TRANSPARENT government action in a Democrat 100% controlled government.
HUBBERS
2/30/12 AN UPDATE.
4/09/12
Study claims Obama's health care law would raise deficit
http://www.foxnews.com/politics/2012/04/09/study-c
4/02/12
Obama’s Supreme Court Remarks
http://www.usatoday.com/news/washington/story/2012
PAYGO compels new spending or tax changes to not add to the federal deficit.
Barak Obama 44th President of the United States Government click to edit
- Barak Obama 44th President of the United States Government
On 9/8/10 President Barak Obama on the campaign trail in Ohio spoke to the American people about the economy and his plan to restart the economy. Again the Republican members of Congress and Republican...
Wayne Brown Level 8 Commenter 20 months ago
If the Republicans made any significant mistakes when they were in control of the Congress, it was not taking action of the relaxed stated of affairs in the home mortgage industry which the Clinton Administration put into place. That turned out to be a key factor in the financial debacle that landed us in this mess. I am convinced that Obama has one mission in his agenda and that is to spend America into bankruptcy and bring it to its knees thus putting Americans in the humble position that he believes they have always deserved to be in. Once that becomes clear, his agenda starts to become predictable. This is a man who will pave the highways with gold if it suits the needs of George Soros. Thanks for a good write! WB