Consider Obama's record:
* 2 years in a row of declining GDP growth (we're now down to just 2% GDP growth in 2012).
* More than 3 years in a row with unemployment above, at, or just below 8%. (Like Obama, Reagan faced a very severe recession early in his presidency, but by this same point in Reagan's presidency, unemployment had dropped to 7.4%, and by his last month in office, it was 5.4%. Does anyone here really believe that if Obama is reelected unemployment will be at 5.4% by January 2016?)
* The worst job-creation record in over 70 years, with a net decrease of only 200,000 in the number of jobless people since January 2009 (and this figure does not include the millions of people who have simply stopped looking for work).
* More debt in 45 months than Bush added in 8 years (Obama has added $5.5 trillion in 45 months; Bush added $5.1 trillion in 8 years).
* A trillion-dollar deficit for 3 years in a row.
* 15% reduction in the dollar's value.
* A drop in median family income of over $4,000 on average.
* A record number of people living below the poverty line.
* A huge increase in food stamp recipients (several leading Democrats, including Nancy Pelosi, are on record as believing that food stamps stimulate economic growth).
* Price of gas doubled.
* Cancellation of the perfectly sane Keystone XL pipeline (which would have created thousands of good-paying jobs, many of them union jobs).
* A nearly 50% reduction in the number of oil-leasing drilling leases on federal lands.
* Tens of billions of dollars wasted on "green" companies that have gone bankrupt.
* An auto bailout that cost taxpayers at least $12 billion--i.e., $12 billion that we won't be getting back. (If those automakers had gone through a normal structured bankruptcy, they would have emerged in much better condition for the long term and taxpayers would not have been stuck for $12 billion.)
* Hundreds of bank failures since January 2009--over 100 banks have failed in 2012 alone (odd that this has not been in the news much, hey?).
So if this record is supposed to be a "good" record, what exactly would a president have to do to compile a bad record?
* 2 years in a row of declining GDP growth (we're now down to just 2% GDP growth in 2012).
* More than 3 years in a row with unemployment above, at, or just below 8%. (Like Obama, Reagan faced a very severe recession early in his presidency, but by this same point in Reagan's presidency, unemployment had dropped to 7.4%, and by his last month in office, it was 5.4%. Does anyone here really believe that if Obama is reelected unemployment will be at 5.4% by January 2016?)
* The worst job-creation record in over 70 years, with a net decrease of only 200,000 in the number of jobless people since January 2009 (and this figure does not include the millions of people who have simply stopped looking for work).
* More debt in 45 months than Bush added in 8 years (Obama has added $5.5 trillion in 45 months; Bush added $5.1 trillion in 8 years).
* A trillion-dollar deficit for 3 years in a row.
* 15% reduction in the dollar's value.
* A drop in median family income of over $4,000 on average.
* A record number of people living below the poverty line.
* A huge increase in food stamp recipients (several leading Democrats, including Nancy Pelosi, are on record as believing that food stamps stimulate economic growth).
* Price of gas doubled.
* Cancellation of the perfectly sane Keystone XL pipeline (which would have created thousands of good-paying jobs, many of them union jobs).
* A nearly 50% reduction in the number of oil-leasing drilling leases on federal lands.
* Tens of billions of dollars wasted on "green" companies that have gone bankrupt.
* An auto bailout that cost taxpayers at least $12 billion--i.e., $12 billion that we won't be getting back. (If those automakers had gone through a normal structured bankruptcy, they would have emerged in much better condition for the long term and taxpayers would not have been stuck for $12 billion.)
* Hundreds of bank failures since January 2009--over 100 banks have failed in 2012 alone (odd that this has not been in the news much, hey?).
So if this record is supposed to be a "good" record, what exactly would a president have to do to compile a bad record?
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