Obama’s biggest failure: the economy


The Romney campaign went after Obama on his biggest failure: the economy. After the President went on 60 Minutes and said that his “biggest disappointment” was that he had not changed the tone of Washington as much as he would have liked, Ryan Williams, Romney campaign spokesman, had this to say:

In recent weeks, President Obama has cited several failures as his greatest – not being a better storyteller, not reforming immigration, and now his inability to change the tone in Washington. But President Obama just doesn’t get it. With 23 million Americans struggling for work, anemic economic growth, and nearly 1 in 6 Americans living in poverty, his greatest failure – by far – is his broken promise to fix the economy. Americans know this is his greatest failure, and they will hold him accountable in November.

Failing to change Washington was just the latest in a string of admissions from Obama about his failures – not being a good enough storyteller was his “biggest mistake”, according to an interview he did with ABC in July.

Last week, Obama also said his “biggest failure” was not getting comprehensive immigration reform done – “so we’re gonna work on that”, he said to a Univision News forum.

How convenient that he leaves out the biggest failure of all – the ailing US economy.

Unlike Obama who wants to tell stories, Mitt Romney is focused on the millions of Americans who are struggling under Obamanomics. Twenty-three million Americans are unemployed, underemployed or have stopped looking for work. Unemployment has been above 8% for months, climbing yet again in 26 states last month. According to the Wall Street Journal, “the income of the typical U.S. family fell or was flat in almost every state last year, with the drop particularly steep in places where the economy has been hit hard by the housing bust,” and the poverty rate has remained at almost a two-decade high.


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6 Responses to “Obama’s biggest failure: the economy”

  1. Ronald D. Hunt Says:

    Nearly all of those 26 states are the result of tea party politics running the State. The leader of job loses of course being WI where Scott Walker toke their slight surplus and turned it into a $120 million dollar deficit and has lost almost 80,000 jobs sense coming into office.

    Of course he is followed by the tea party governments of OH, FL, PA, and MI. And in the case of OH, MI, IN, PA, and WI the loses are far less worse then they could be due to Obama saving the auto industry.

    Most of those 26 States being the State that rejected stimulus money that would have created many more jobs. And these State pushing reckless cuts in education and health care losing us nationally a number of jobs equal to 1% or so of the unemployment rate.

    Even given all of the cuts these states have committed to, and all of the Tax cuts these States have committed to, MI even going to the extent of adding a 15% pension tax to pay for larger Corp tax cuts have failed to create any jobs at all, In many cases losing them.

    The current economic State is the direct result of house republicans gumming up the works fighting for reckless slash and burn policy, States controlled by republicans purposely damaging their States recoveries, and a weak international export market due to similarly “conservative” policy trashing the European markets.

  2. hollyonthehill Says:

    Right. Talk about spin. How about we talk, oh, I don’t know – say Utah for example. OUR unemployment rate dipped again – we’re now at 5.8%. Wanna guess why? A conservative legislature that balances its budget, pro-growth tax policies and yes, Conservative leadership.

  3. jeromefromlayton Says:

    I came here from California due to BRAC-95. NOT going back. That state’s economy was flat during the Pat Brown years (fruit fly Jerry’s father). Then, we got Prop 13, Ronald Reagan and Deukmajian as governors. The economy improved. The Jerry Brown tour actually killed things such as Interstate 5 and airport improvements. “Shovel Ready”? He stole the shovels and mulched the drawings. Now, he’s baaaack. Currently, the earners and producers are leaving that place in droves and going to places with less intrusive governments. Now, a suggestion to those who came here: Leave that “California mystique” there and recognize it for the mistake it is, like UTOPIA, Utah’s electronic version of the California high speed rail project.

    If B. Obama (or Barry Soetero or ???) gets a second term, the nation could end up making California look good, but only by comparison. “Obamacare” can do that “magic” all by itself and getting rid of it should be the top thing in the bucket for those who have a “bucket list”. For the rest of us, it’s Job One.

  4. hollyonthehill Says:

    I have another article for you, Jerome. In fact, I might blog about it, but check out the Manhattan Institute’s piece just released today about the great California exodus.

  5. Ronald D. Hunt Says:

    “OUR unemployment rate dipped again – we’re now at 5.8%. Wanna guess why?”

    No need to “guess” I can tell you!, The oil boom out around Vernel, and Utah was generally sheltered from the worst excesses of the housing boom through the combination of having a much greater then the national average of credit union’s, and fewer jobs in markets that tend to be volatile and Farm and resource extraction industries tend to be less volatile as well, and All of the FEDERAL money here in Utah in the form of the military.

    Utah’s resistance to the Economic challenges have nothing todo with the legislature, and more todo with mountains of Federal money, strong farming community, and credit unions. We get more from the Federal government then we pay in as a State, So really its no wonder we are doing fine. Ohh and did I mention how much money the farming community gets from the federal government in subsidizes, and indirectly from programs like the SCS(BLM now i think?), The national weather service, and other such government ran programs.

    “A conservative legislature that balances its budget, pro-growth tax policies and yes”

    Ohh yes the States budget is balanced, and that is good. But “pro-growth” really? The endless increases in student tuition rates, Quadrupling my vehicle registration taxes to subsidize larger vehicles(and the States general budget), The state using the funds collected from the housing fraud lawsuit to backstop the general budget, “pro-growth” indeed.

    Pro-growth in the same way Oklahoma’s cut to their fire fighters lead to massive forest fires burning unchallenged and causing several times more property damage then the cuts saved, Just wait until all those people see what happens to their home insurance policies!!!

  6. ERIC in Murray Says:

    Jerome: Welcome to the REDstate. I moved from the peoples republic of NJ on 2001 jut after F&F were lost in the Jihadist action in NY. Do us a favor, tell it like it is and tell Ronald Hunt, JBT and WarDICK that there is plenty of room in CaliforniKKKa if they want their UTOPIA. PS, hope your registered and in the 4th Congressional District. Mia is OUR Rep and MathisSin has to go.

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