Worst. President. Ever: Obama’s Failed Stimulus
Guest post by Joe Hoft
When running for the office of the Presidency, Barack Obama pledged to be transparent and provide all Americans the opportunity to read all government bills before being signed.
This promise ended a few weeks after his inauguration. The ‘Stimulus’ bill was prepared behind closed doors by Democrats only. It was passed in the House and Senate by Democrats with no Republican input. Once instituted it was a US financial nightmare and another trillion dollar debt laid on American taxpayers’ backs.
Seven years later when Hillary Clinton ran for President she proposed another stimulus to move the economy forward. The National Review responded to her proposal:
The left insists on replaying this vinyl record though President Obama’s mega-stimulus failed in every measurable regard. Over the period 2009 to 2013, job creation was significantly below what the White House promised. Unemployment was higher each year than what the White House had projected it would be without the stimulus. If Obama had simply done nothing in 2009, the economy would have produced more jobs.
Even worse was growth much lower than expected. The combined loss of GDP in these years from what was predicted adds up to a growth deficit of over $2 trillion. This is the equivalent of losing a year’s output from the states of Michigan, Ohio, and Pennsylvania.
The Stimulus was horrible and ultimately turned out to be a Democrat scam to hand out billions to fellow Democrats. Many companies led by Democrats were given money to create ‘green energy’ business alternatives. Many of them like Solyndra went bust but only after the officers of these companies used the handouts to support lavish living standards. Representative Paul Ryan went on record noting that billions of dollars were provided to companies like Solyndra.
Jobs in the millions were lost under the Obama years and yet Obama rationalized that these job losses proved that the stimulus worked?
The idea of creating and saving US jobs never occurred to Obama. The Stimulus was a trillion dollar bust and American taxpayers again are stuck with the bill. It was the beginning of Obama’s Presidency and one of his first actions that showed he was not going to keep the promises he made to Americans. He was not going to be transparent and he didn’t give a damn how Americans felt about it.
See the following for more reasons why Obama is the Worst. President. Ever:
Worst. President. Ever: Barack Hussein Obama’s Disdain for Christians and Jews
Worst. President. Ever: Obama’s Involvement in Hillary’s Criminal Email Activities
Worst. President. Ever: Obama’s Open Borders and Anti-US Immigration Actions
Worst. President. Ever: Obama’s Contempt of US Military Might
Worst. President. Ever. Will Obama Ever Be Charged in Court for His Many Lies to American People?
WORST. PRESIDENT. EVER: Obama’s Many Lies about the Benghazi Terror Attack
WORST PRESIDENT EVER: Obama’s Historically Low Home Ownership Rates
WORST PRESIDENT EVER: Obama Created ISIS – And Now the Killer Group Is Active in 17 Countries
WORST PRESIDENT EVER: Obama’s Libyan Catastrophe Unleashed Hell on Middle East and Europe
WORST PRESIDENT EVER: Obama’s $20 Trillion Debt an Unprecedented Disaster
WORST PRESIDENT EVER: Obama’s Actions and Inaction Created the Current Nightmare in Syria
WORST PRESIDENT EVER: Obama’s Signature Bill – Obamacare – Is a Complete Disaster
WORST PRESIDENT EVER: Obama Gave Billions to the World’s Leading Terrorist State Iran
WORST PRESIDENT EVER: Obama’s Food Stamp Nation
WORST PRESIDENT EVER: Obama Ignited Riots in Ferguson Over ‘Hands Up, Don’t Shoot’ Lie
WORST PRESIDENT EVER: Obama Released Taliban 5 for Deserter Bergdahl- Current Whereabouts Unknown
WORST JOBS PRESIDENT EVER: Obama’s 94 Million Jobless Americans
Worst President Ever…GDP Growth Shrinks by 0.7% in First Quarter
Alan Dershowitz GOES OFF on Obama: Worst Foreign Policy President Ever
Worst President Ever… Obama’s Legacy – Destruction of US Middle Class
TRUMP HITS OBAMA: His Ignorance Is Why He’s “Worst President in US History”
Voters Rate Obama Worst President in 70 Years
Donald Trump Slams “Make-Believe” Obama “Most Certainly the Worst President in US History” at FL Tea Party Rally
Dick Cheney Slams Obama: Carter no Longer Worst President of Our Lifetime (Video)
MUST SEE VIDEO>>> Chicago Inner City Blacks GO OFF on Obama Over Illegal Immigration “Worst President Ever”
It’s Official – Obama Is Worst President in History on Job Creation; Worse Than Hoover on Job Losses
Rep. Michele Bachmann: Obama Is Worst President Ever… “No Question” (Video)
There is even a book on this subject: