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Employment: Yes, unemployment has dropped to 7.7%. But only because hundreds of thousands of Americans have left the workforce. In September and October, nonpayroll farm jobs were reported as rising 148,000 and 171,000, respectively, solid gains. The mainstream media played it up as a major turnaround for the economy, giving Obama a boost.
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Budget: Obama promised a "balanced" approach to taxes and spending. But data from the CBO and OMB show spending will surge 55% over the next 10 years under Obama — nearly $2 trillion in added spending — swamping Obama's promised "cuts" of $880 billion.
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Taxes: Remember how Obama and his Democratic surrogates taunted Republicans repeatedly, saying they wanted to raise taxes only on "millionaires and billionaires" while cutting taxes for the middle class?
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Benghazi: The White House described the early- September attack on our consulate in Benghazi, Libya, which killed Ambassador Christopher Stevens and three other Americans, as a reaction to an anti-Muslim film clip that appeared on the Internet.
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War On Terror: Obama claimed the war against al-Qaida was basically over. Now we find out that isn't true. Governments friendly to al-Qaida, if not its aims, have taken over in Libya and Egypt. Syria may be next.
Read More At IBD:
With Election Over, Americans Find They Were Duped By Democrats And Obama - Investors.com