n an anticipated move, Obama blamed slow economic recovery on the lingering effects of his Republican predecessor's policies. Under President George W. Bush, Obama said, the United States experienced the slowest job growth in a half-century and slid into a crippling recession that typically takes 10 years to undo. He balanced his acknowledgement that the economy has yet to fully rebound with an assertion that it has improved since he took office in 2009. ECUSES ARE THE REASONS WE FAIL February 2009 the President said his stimulus bill was the beginning of the first steps to set our economy on a firmer foundation, paving the way to long-term growth and prosperity. In April 2010, it was: Our economy is stronger; that economic heartbeat is growing stronge In January 2011, he claimed, The next two years, our job now, is putting our economy into overdrive. Latest Posts - Home - United States Senate Republican Policy Committee During his first to years with a Democratic majority he focused on Obama Care, instead of focusing on the economy. POTUS tried to implement failed policies with the expectations that he would get a different out come. Obama has had 3 1/2 years to reduce our national debt. He has increased rather than reduced it. Our borrowing interest rate has been increased and we now have the highest Corporate Tax Rate among OEDC countries. Lending money to supposedly Green Companies has been a complete disaster. Mr. President, Keynesian economics doe not work.