Tuesday, 18 October 2011

Obama: The first thousand days

Daily Mail
"On the home front the situation seems grim, the economy is stalled and people are very nervous. Here are some hard stats: The U.S. debt has increased by 4.2 TRILLION since Mr. Obama took office. The government spends over 4.2 billion dollars per day more than it takes in. Over $787 billion was spent on a shovel ready stimulus programme that, in the president’s own words, 'wasn’t so shovel ready after all.' Instead of creating or 'saving' 900,000-2.3 million jobs, 2.2 million jobs have been lost on his watch; According to a report by CBS News last month, unemployment stands around 8-9% even higher among African Americans; The U.S. Labor Department said unemployment rate among African-Americans was 16.7 percent in August, while the overall unemployment rate was 9.1 percent. Among black youth, the unemployment rate was 46.5 percent in August. Meanwhile the government payroll has increased by 140,000 jobs.Three million more Americans live in poverty and there have been 4 million bankruptcies. .......In a thousand days he has played a lot more golf than George W. Bush did in eight years. In a thousand days the economy is in more dire shape than after four years of Jimmy Carter. His foreign policy of apologising abroad to our enemies has weakened our presence on the world stage and ability to project power, liberty and democracy. We are actually respected less than we were under the alleged dummy and Texas cowboy, George W. Bush.

The billions of government funds wasted on crony-capitalistic deals to his campaign supporters, such as the 535 million loan guarantee to George Kaiser at Solyndra; the government throwing millions at a venture simply because of its 'green credentials' and not its balance sheet.But it is not the past one thousand days I worry about. What more damage can he wreak in the remaining 460 days, 19 hours, 32 minutes and 56 seconds until someone competent takes the oath of office in January 2013?"

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