Worst. President. Ever. Obama Bashes Wealthy Americans & John Boehner in Weekly Address
Poor Barack Obama.
He is the worst jobs president since the Great Depression. The Obama-Pelosi economic plan resulted in a cumulative 7.5 million jobs deficit. By every objective measure the democrat’s Trillion dollar stimulus bomb was a complete disaster.
Barack Obama and Nancy Pelosi tripled the national deficit last year by nearly a trillion dollars – something unheard of in our nation’s history.
After an unheard of record deficit last year of $1.4 Trillion the economy is on track to experience a $1.3 Trillion deficit this year.
Instead of focusing on the economy the past two years the radicals in Washington beat up on business and rammed through an unpopular nationalized health care entitlement program. Today 61% of voters want the democratic law repealed.
But after all of this destruction, if you thought Barack Obama would now admit the errors of his Keynesian ways you would be mistaken. Today America’s far left president attacked productive Americans and GOP leader John Boehner.
From the White House website:
…Now, the Republicans who want to take over Congress offered their own ideas the other day. Many were the very same policies that led to the economic crisis in the first place, which isn’t surprising, since many of their leaders were among the architects of that failed policy.
It is grounded in same worn out philosophy: cut taxes for millionaires and billionaires; cut the rules for Wall Street and the special interests; and cut the middle class loose to fend for itself. That’s not a prescription for a better future. It’s an echo of a disastrous decade we can’t afford to relive.
The Republicans in Washington claimed to draw their ideas from a website called “America Speaking Out.” It turns out that one of the ideas that’s drawn the most interest on their website is ending tax breaks for companies that ship jobs overseas.
Funny thing is, when we recently closed one of the most egregious loopholes for companies creating jobs overseas, Republicans in Congress were almost unanimously opposed. The Republican leader John Boehner attacked us for it, and stood up for outsourcing, instead of American workers.
So, America may be speaking out, but Republicans in Congress sure aren’t listening. They want to put special interests back in the driver’s seat in Washington. They want to roll back the law that will finally stop health insurance companies from denying you coverage on the basis of a preexisting condition. They want to repeal reforms that will finally protect hardworking families from hidden rates and penalties every time they use a credit card, make a mortgage payment, or take out a student loan.
And for all their talk about reining in spending and getting our deficits under control, they want to borrow another $700 billion, and use it to give tax cuts to millionaires and billionaires. On average, that’s a tax cut of about $100,000 for millionaires.
Instead of cutting taxes for the wealthiest few – tax breaks we cannot afford – I’ve called for tax cuts for middle class families who saw their incomes shrink by five percent during the last, lost decade. We’ve already cut 8 different taxes for small business owners to help them hire and grow, and we’re going to cut 8 more. We’re challenging our states and schools to do a better job educating our kids and making college more affordable so America can once more lead the world in the proportion of our kids graduating from college. And we’re putting an end to the days of taxpayer-funded bailouts so Main Street never again has to pay for Wall Street’s mistakes…
What a horrible person. This guy can’t open his mouth without lying about the Bush economic record.