Friday, August 02, 2013


President Obama took office with the worst recession since 1929 and a Congress controlled by the Democratic Party for two years. After hastily passing an anemic “stimulus bill” that was half tax cuts, he wasted the rest of those two years passing a “health care reform” policy which is not yet in effect four years later.

Meanwhile, employment participation which was at 63% before the recession and fell to 58% as a result of the recession is still at 58% today. The stock market, on the other hand, has not only recovered all of its lost value, it has soared to a level 50% higher than before the recession.

This fully reflects the priorities of the Obama administration.

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