beretta304
Rookie
- Banned
- #1
Three destructive Obama administration policies
First, theres the legislation Democrats passed under President Obama to fix our economy during the nearly two years they had control of the presidency, the House and a filibuster-proof majority in the Senate. Theres the failed trillion-dollar stimulus that was supposed to keep unemployment below 8 percent and reduce it to 5.4 percent by now but did little other than increase our debt. The Job Impact of the American Recovery and Reinvestment Act.
Then theres the ironically titled Patient Protection and Affordable Care Act (Obamacare) that was to reduce health care costs but has resulted only in cost increases that are set to continue in an upward spiral.
Finally, theres the Dodd-Frank Wall Street Reform and Consumer Protection Act that essentially enshrined too big to fail. Its voluminous rules are some of the most convoluted and confusing our capital markets have ever seen burying community banks in regulations, stifling business and hurting consumers.
President Obama proposed (and when Democrats were in complete control, actually passed) various pieces of legislation that failed to improve our economy but did succeed in increasing government regulation, driving costs higher for businesses, lowering incentives to work and increasing dependency.
Puzder: Democratic Myth No. 1: Republicans are to blame for failure of Obama's job creation policies - Conservative News
First, theres the legislation Democrats passed under President Obama to fix our economy during the nearly two years they had control of the presidency, the House and a filibuster-proof majority in the Senate. Theres the failed trillion-dollar stimulus that was supposed to keep unemployment below 8 percent and reduce it to 5.4 percent by now but did little other than increase our debt. The Job Impact of the American Recovery and Reinvestment Act.
Then theres the ironically titled Patient Protection and Affordable Care Act (Obamacare) that was to reduce health care costs but has resulted only in cost increases that are set to continue in an upward spiral.
Finally, theres the Dodd-Frank Wall Street Reform and Consumer Protection Act that essentially enshrined too big to fail. Its voluminous rules are some of the most convoluted and confusing our capital markets have ever seen burying community banks in regulations, stifling business and hurting consumers.
President Obama proposed (and when Democrats were in complete control, actually passed) various pieces of legislation that failed to improve our economy but did succeed in increasing government regulation, driving costs higher for businesses, lowering incentives to work and increasing dependency.
Puzder: Democratic Myth No. 1: Republicans are to blame for failure of Obama's job creation policies - Conservative News