President Barack Hussein “kill list” Obama says that he needs four more years to fix the economy. Never mind that the Gross Domestic Product (GDP) grew at a “less than spectacular” rate of 1.3 percent in the second quarter of 2012. Or that George Walker Bush’s deficit-to-GDP ratio was 2.7 percent, while Obama’s deficit-to-GDP ratio is 8.9 percent (Reagan’s, by the way, was 4.2 percent). Or that today’s economy is far worse than it was in 2008. You remember, the one Obama claimed that his policies would correct. So, considering today’s economy, despite what Obama (claims he) was not told, and after three and a half years of his economic policies, can any one of you Democrats/liberals/progressives (yes, that’s intended to be a pejorative term) suggest why the next four years would be any different?
US debt shot up $238 billion to reach 100
percent of gross domestic project after the government’s debt ceiling was
lifted, Treasury figures showed Wednesday.
Treasury borrowing jumped Tuesday, the data
showed, immediately after President Barack Obama signed into law an
increase in the debt ceiling as the country’s spending commitments reached a
breaking point and it threatened to default on its debt.
Presidential success can be measured in many ways—by the number of votes cast on a President’s behalf, by the number and nature of laws he’s signed, by the number of military conflicts he’s won or averted.
But a President’s success is most strongly linked with the quality of life of the people he leads. Unfortunately for our current President, by that measure Obama has thus far proved a quantifiable disaster. Let’s take a look at the numbers.
My March 2008 column “Is Obama Ready for America?” started out: “Some pundits ask whether America is ready for Obama. The much more important question is whether Obama is ready for America and even more important is whether black people can afford Obama.” Let’s look at this.
In 1947, Jackie Robinson, in signing a contract with the Brooklyn Dodgers, broke the color bar in Major League Baseball. In 1950, three blacks broke the color bar in the National Basketball Association (NBA): Earl Lloyd (Washington Capitals), Chuck Cooper (Boston Celtics) and Nat “Sweetwater” Clifton (New York Knicks). Their highly successful performances opened the way for other blacks to follow — peaking at 27 percent in Major League Baseball and 80 percent in the NBA.