DESPAIR AND CHANGE

9/29/12

It’s not his fault he’s failed so far. He’s tried very hard, and he’s made some headway.
The task was so great that on one, not even FDR nor Clinton could have done any better than he has; he has earned four more years!
That’s a pathetically weak argument for reelection!
Do you think that the US is on the rise as a civilization or is it one the decline? The response was decline 57%, rise 31%. This reflects DESPAIR.
NBC news and the WSJ survey found that 63% of adults are “not confident that life for our children generation will be better than it has been for us”.
Government’s ability to solve problems has worsened.
Compared the two presidents, I think Clinton would not agree with Obama. With 227,000 new jobs in February was one of Obama’s best months, but in Feb of 1996 Clinton number was 434,000. FDR by 1936 did better too, as the economy was growing at a 13% clip.
Obama presided over a 1.9% growth in the first half of 2012. In June 1984 Reagan created 363,000 jobs while Obama created only 80,000.
But Obama isn’t following the FDR formula. Rather than a course correction, he’s relying on government programs as the sole stimulus and job creator, precisely what failed to stir a strong recovery in his first term.
Romney did lay out a five-step “plan” for creating 12 million jobs. Exploit oil and gas resources, expand job training and school choice, sign trade agreements, reduce the deficit and lower taxes, streamline regulations, and reduce health care cost.

Source: weekly standard—Fred Barnes—summarized

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