Posted on 05/25/2011 5:40:06 PM PDT by nandrew
485,000 workers had been terminated from the auto industry while only 67,000 had been rehired with the $85 billion bailout from the government...More than $1 million per rehired worker is a horrible return on investment!
Other manufacturers, like Boeing, are being forced by the government to hire union employees, so many are moving even more manufacturing out of the U.S.
And the costs for Obama's programs continue to rise.
Obamacare
...unemployment will remain high for at least the next three years. ... this administration has increased government spending at the twice the rate of any previous government in the history of the United States...
Gasoline prices and food prices increased at rates that are more than 100 percent on an annual basis... the average home value has decreased about 35 percent since Obama took office and that it will decrease another 5 to 15 percent in the next year.
...Even if Obama inherited the situation, his record at solving it has been a disaster. Politico stated that this is the slowest rate of recovery for any recession since 1932.
The average American has lost value in home equity, suffered from hidden inflation, lost money in savings and 401ks, become underemployed and suffered from wage stagnation.
...Obama hurt this economy: pandering to unions, printing money, pushing interest rates too low, deficit spending, expanding government and implementing the same socialism that is killing Europe –
If nothing else, Obama exacerbated the problems...
And why? Because Barack Obama lacks any executive experience... Cain, Pawlenty, Christie, Huntsman, Romney, or Trump who all have executive experiences that make Obama look woefully inadequate.
Obama has been a horrible experiment in affirmative action ...
We need to reverse course from Obama to save America now!
Read more: Making a bad economy disastrous http://www.wnd.com/index.php?fa=PAGE.view&pageId=303005#ixzz1NPcwA8z4
(Excerpt) Read more at wnd.com ...
“What to do now?” Get rid of Obama.
But how?
Have him run against a great Conservative candidate like Herman Cain.
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