Monday, April 11, 2011

President Obama's Economic Plan Is Not Working


Barack Obama

With a year and a half until the next Presidential Election in America, President Barack Obama's economic plan is not working. Wild and unruly spending by President Obama has significantly increased the national deficit, with international creditors becoming concerned, regarding the nation's ability to repay the staggering amount owed.

Over a trillion dollars of American taxpayer money thrown at corporations that caused the economic crisis that went global, is being hoarded and stolen by a number of companies, which is not doing the nation any good.

Gas prices are soaring in America and much of the Western world, due to the President's illegal and unconstitutional invasion of the nation of Libya. Rising gas prices nearly broke America a couple years ago.

President Obama's dogged devotion to clean energy and solar power, is costing America a big bundle, as studies and financial reports have irrefutably illustrated, it costs more than conventional methods. The President is also legislatively holding the nation back from exploring its own natural resources.

Unemployment remains stubbornly high, stuck in a cycle of gaining and losing jobs at the same time. Foreclosures continue to climb, years into the financial crisis, due to the failure of costly Obama mortgage programs that have now been scrapped.

RELATED ARTICLES

Gallup: Unemployment Higher Than Obama Admitting

How George Bush Destroyed The U.S. Economy

GDP Data Shows The Recovery Failed

U.S. Jobs Lost Not To Be Replaced Until 2020

Joe Biden: We Can't Replace The 8 Million Jobs Lost

The Government Twists Jobs Report To Hide Losses

What Is Obama Going To Do About The Deficit

Obama's $1 Trillion Bill Passes In Congress

Bernake Defends Reckless Spending

Obama Calls For Job Summit

The Benefits Of Government Cost Cutting

Unemployment Up To 9.8%