Working Families Want to Forget Obama’s Record of Failure

May 11, 2012

Obama Admits that He Sometimes Forgets the Economic Recession, But Working Families Living With His Failed Policies Don’t Have that Luxury

President Obama told the audience at a fundraiser that sometimes he forgets the economic recession, despite 39 straight months of unemployment of more than 8 percent and the failure of the Democrats’ stimulus spending spree.
Rather than working to revive the economy, Democrats rammed through a government takeover of healthcare, a job-destroying regulatory rampage and even tried to impose a national energy tax that would have destroyed millions of jobs.
If Democrats think Americans will forget their reckless disregard for the state of the economy, they’re badly mistaken.

President Obama told the audience at a fundraiser that sometimes he forgets the economic recession, despite 39 straight months of unemployment of more than 8 percent and the failure of the Democrats’ stimulus spending spree:

OBAMA: “SOMETIMES I FORGET” THE RECESSION: “And sometimes people forget the magnitude of it. You know, you saw some of that in the video that was shown. Sometimes I forget.” (Charlie Spiering, “Obama: ‘Sometimes I Forget’ the Recession,” The Washington Examiner, 5/11/2012)

IT’S NOT THE FIRST TIME: “DAILY ECONOMIC BRIEFINGS DISAPPEAR FROM OBAMA’S WHITE HOUSE SCHEDULE”: “At some point during the first two years of his administration, President Obama stopped receiving the daily economic briefing that he requested when he took office.” (Sam Youngman, “Daily Economic Briefings Disappear from Obama’s White House Schedule,” The Hill, 5/6/2011)

AP: UNEMPLOYMENT RATE AT 8.1% AS “EMPLOYERS PULLED BACK ON HIRING,” “A SOBERING REMINDER THAT THE ECONOMY REMAINS WEAK”:(Christopher Rugaber, “Unemployment Rate Falls to 8.1 Percent as U.S. Adds 115,000 Jobs in April,” Associated Press, 5/4/2012)

UNEMPLOYMENT ABOVE 8% FOR 39 STRAIGHT MONTHS: (Jim Geraghty, “Remembering the ‘Miserable Reality’ and ‘Crisis’ of 4 to 6 Percent Unemployment,”National Review, 5/4/2012)

DEMS’ PROMISED THEIR FAILED STIMULUS WOULD BRING UNEMPLOYMENT BELOW 6% BY NOW: (Jim Pethokoukis, “The Awful April Jobs Report: Is the ‘Real’ Unemployment Rate 11.1%?”, The American, 5/4/2012)

12.5 MILLION JOBLESS WORKERS: (“Labor Force Statistics from the Current Population Survey,” Bureau of Labor Statistics, Accessed 5/11/2012)

LABOR FORCE PARTICIPATION “HAS REACHED A 30-YEAR LOW”: (Laurent Belsie, “Unemployment Rate Hits Three-Year Low. Hooray? No, Boo!,” The Christian Science Monitor, 5/4/2012)

BLOOMBERG: “OBAMA FAILS TO STEM MIDDLE CLASS SLIDE HE BLAMED ON BUSH”: (Mike Dorning, “Obama Fails to Stem Middle-Class Slide,” Bloomberg, 4/30/2012)

“MORE THAN THREE YEARS INTO OBAMA’S OWN PRESIDENCY, THOSE DECLINES [TO THE MIDDLE CLASS] HAVE ONLY DEEPENED”: (Mike Dorning, “Obama Fails to Stem Middle-Class Slide,” Bloomberg, 4/30/2012)

95% OF JOB LOSSES IN RECESSION WERE TO MIDDLE-SKILL PROFESSIONS, BUT OBAMA HAS DONE LITTLE TO REGAIN THOSE JOBS: (Mike Dorning, “Obama Fails to Stem Middle-Class Slide,” Bloomberg, 4/30/2012)

Rather than working to revive the economy, Democrats rammed through a government takeover of healthcare, a job-destroying regulatory rampage and even tried to impose a national energy tax that would have destroyed millions of jobs:

DEMS ARE STILL DEFENDING OBAMACARE AT ALL COSTS:

87% OF HOUSE DEMS VOTED TO RAM THROUGH GOVERNMENT TAKEOVER OF HEALTHCARE WITH ZERO REPUBLICAN VOTES: Final Vote: 220-211. (Roll Call 167, The New York Times, 5/11/2010)

98% OF HOUSE DEMS VOTED AGAINST REPEALING OBAMACARE: Final Vote: 245-189. (Roll Call 14, Clerk of the U.S. House, 1/19/2011)

OBAMA’S OWN JOBS COUNCIL SAYS OBAMACARE’S SHEER SIZE IS CAUSING CRIPPLING UNCERTAINTY FOR EMPLOYERS: “PPACA’s size alone makes understanding the law and applying it difficult for even the largest companies. As one Council member observed, the law is nearly twice as long as Tolstoy’s War and Peace. Adding to the uncertainty, many of the most significant (and potentially costly) aspects of the law are not yet known – they must be developed and established through regulations. These regulations must be proposed, debated, finalized, and finally implemented. The complete process will take several years. The documents provided by members of the Council clearly show that this lengthy process creates uncertainty.” (“Higher Costs, More Confusion, Less Coverage: How the Health Care Law Affects Employer-Provided Health Care Coverage,” House Energy and Commerce Committee, April 2012)

SURVEY: 73% OF JOB CREATORS CITED OBAMACARE AS AN “OBSTACLE TO HIRING NEW WORKERS”: (Peter Schroeder, “Survey: Uncertainty, Gas Prices Slowing Hiring by Small Business,” The Hill, 4/16/2012)

OBAMACARE TO COST $1.76 TRILLION OVER THE NEXT 10 YEARS: (Phillip Klein, “CBO: ObamaCare to Cost $1.76 Trillion Over 10 Years,” The Washington Examiner, 3/13/2012)

TOTAL COSTS FOR OBAMACARE: $2.6 TRILLION: (“ObamaCare: A Budget-Busting, Job-Killing Healthcare Law,” Speaker of the House John Boehner, 1/6/2011)

PELOSI TRIED TO RAM THROUGH JOB-DESTROYING CAP-AND-TRADE SCHEME:

82% OF HOUSE DEMOCRATS RAM THROUGH CAP-AND-TRADE NATIONAL ENERGY TAX: Final Vote: 219-212. (Roll Call 477, Clerk of the U.S. House, 6/26/2009)

WSJ: CAP-AND-TRADE COULD HAVE BEEN “THE BIGGEST TAX IN AMERICAN HISTORY”: (Editorial, “The Cap and Tax Fiction,” The Wall Street Journal, 6/26/2009)

$3.1 TRILLION LOSS IN GDP: (“State-by-State Analysis of Waxman-Markey Cap and Trade Legislation Paints Dour Picture for Nation’s Economy,” National Association of Manufacturers, 8/12/2009)

2.4 MILLION JOBS DESTROYED: (“State-by-State Analysis of Waxman-Markey Cap and Trade Legislation Paints Dour Picture for Nation’s Economy,” National Association of Manufacturers, 8/12/2009)

50% INCREASE IN ELECTRICITY PRICES: (“State-by-State Analysis of Waxman-Markey Cap and Trade Legislation Paints Dour Picture for Nation’s Economy,” National Association of Manufacturers, 8/12/2009)

26% INCREASE IN GAS PRICES: (“State-by-State Analysis of Waxman-Markey Cap and Trade Legislation Paints Dour Picture for Nation’s Economy,” National Association of Manufacturers, 8/12/2009)

NOW OBAMA’S EPA RAMMING TRYING TO RAM THROUGH REGULATIONS THAT “EVEN A DEMOCRATIC CONGRESS REJECTED”: “The EPA is seeking to impose, by fiat, greenhouse gas reductions that even a Democratic Congress rejected with the Waxman-Markey bill in 2009, and that would drive policy at least 13 years past this Administration. It’s all more than a tad authoritarian. Welcome to the Obama-Jackson Presidency.” (Editorial, “The United States of EPA,” The Wall Street Journal, 11/28/2011)

DEMOCRATS’ JOB-DESTROYING REGULATORY RAMPAGE CONTINUES TODAY:

WASHINGTON DEMOCRATS ARE FUELING CRIPPLING UNCERTAINTY WITH THEIR REGULATORY ONSLAUGHT: “Growing confidence in the economy is not leading to an influx of new hiring, as businesses fret about uncertainty driven in large part by Washington and growing fuel costs, according to a new survey by the U.S. Chamber of Commerce.

“ ‘This survey confirms that slow gains in economic growth are being undermined by uncertainty over rising gas prices, an onslaught of pending regulations, and stalled pro-growth bills in Congress,’ said Dr. Martin Regalia, the business lobby’s chief economist.” (Peter Schroeder, “Survey: Uncertainty, Gas Prices Slowing Hiring by Small Business,” The Hill, 4/16/2012)

13% OF COAL POWERED ENERGY BEING SHUT DOWN BECAUSE OF NEW EPA RULES: (Juliet Eilperin, “EPA Imposes First Greenhouse Gas Limits on Power Plants,”The Washington Post, 3/27/2012)

UNITED MINE WORKERS CHIEF: “LISA JACKSON SHOT US IN WASHINGTON”: “‘The Navy SEALs shot Osama Bin Laden in Pakistan and Lisa Jackson shot us in Washington,’ Cecil Roberts, president of the powerful union, said during an interview Tuesday on the West Virginia radio show MetroNews Talkline.” (Andrew Restuccia, “Mine Union Boss: Coal Industry Could Suffer Same Fate as Bin Laden,” The Hill, 4/4/2012)

REPORT: “EPA REGS COULD HAMPER OIL, NATURAL GAS PRODUCTION, REPORT SAYS”: (Ben Wolfgang, “EPA Regs Could Hamper Oil, Natural Gas Production, Report Says,” The Washington Times, 3/15/2012)

OIL PRODUCTION COULD DROP 37%, NATURAL GAS PRODUCTION COULD DROP 11% DUE TO EPA RULES: (Ben Wolfgang, “EPA Regs Could Hamper Oil, Natural Gas Production, Report Says,” The Washington Times, 3/15/2012)

“UNTOLD STORY” BEHIND RISING GAS PRICES IS REFINERIES BEING DRIVEN OUT OF BUSINESS “IN NO SMALL PART BY COSTLY EPA RULES”: (Editorial, “EPA’s Heavy Hand Seen In Gas Crisis,” Investor’s Business Daily, 3/22/2012)

If Democrats think Americans will forget their reckless disregard for the state of the economy, they’re badly mistaken:

AP POLL: 56% SAY THINGS ARE GOING IN THE “WRONG DIRECTION”: (The AP-GfK Poll, May 2012)

52% DISAPPROVE OF OBAMA ON THE ECONOMY: (The AP-GfK Poll, May 2012)

JUST 31% OF DEMOCRATS CALL THE OBAMA ECONOMY “GOOD”: (Tom Raum and Jennifer Agiesta, “Poll Shows Americans’ Pessimism on Economy Growing,” Associated Press, 5/10/2012)

65% OF AMERICANS DISAPPROVE OF OBAMA ON GAS PRICES: (Tom Raum and Jennifer Agiesta, “Poll Shows Americans’ Pessimism on Economy Growing,” Associated Press, 5/10/2012)

NBC/WSJ POLL: 61% OF AMERICANS THINK ECONOMY WILL STAY THE SAME OR GET WORSE IN THE NEXT YEAR: (Mark Murray, “NBC/WSJ poll: Obama Leads Romney By Six Points, But Republican Ahead on Economy,” MSNBC, 4/19/2012)

JUST 45% APPROVE OF OBAMA’S HANDLING OF THE ECONOMY, WOULD TRUST ROMNEY OVER OBAMA TO HANDLE THE ECONOMY 40% TO 34%:(Mark Murray, “NBC/WSJ poll: Obama Leads Romney By Six Points, But Republican Ahead on Economy,” MSNBC, 4/19/2012)

BUT OBAMA WANTS TO MOVE “FORWARD” WITH MORE OF THE SAME FAILED POLICIES AND SAYS “THERE IS STILL MORE TO DO”: (Byron Tau, “Team Obama Rolls Out ‘Forward,’” Politico, 4/30/2012)