Are we in a recovery? Has Obama done what he promised? I think he promised to get us jobs and bring us out of what he said was the worst economy since the great depression. And how would he know? He wasn't alive during the 1930's. And he really hasn't brought us a recovery from the 2008 recession. Not really.
The Obama recovery plan has produced an average GDP growth of 2.4 percent since the reported recession ended.
Let us look at the third quarter of 2011. The U.S. economy grew at 2.5 percent.That gives us nearly a trillion dollars lost to the GDP. It has cost us 10.5 million jobs (So much for putting America back to work to help a failing economy.) More than 14 million people are unemployed. There are seven people who need a job for each job opening.
So Obama wants to redistribute the wealth. He will redistribute it not to the middle class nor to the lower class but into the pockets of the financal elite.
He has said "The one thing that we absolutely know for sure is that if we don't work even harder than we did in 2008, then we are going to have a government that tells the Amerrican people, "you are on your own. ...If you get sick, you are on your own. If you can't afford college, you're on your own. If you don't like that some corporation is pollutting your air or the air that your child breathes, than you're on your own" that's not the America I believe in. It's not the America you believe in."
Sounds me me like entitlement. Since when do we have a right to attend College? Since when do we have the right to be waited on as a child, handed everything because we are not capable of earning our own.? When did we come to think that job creation came about by redistributing income?
That is what the Obama people are trying to tell you.
Marxist and communistic economies never transfer weath to the poor and middle classes. They tend to transfer it to government officials and their cronies. That is what seems to be happening at the moment under the Obama economy plan. If the economy of the U.S. can be weaken to the point of us being just another player in the new world order controled by the political/ financial elite than it seems Obabma will have been successful at reaching his goal. He will have his grievance against the "imperilist" America completed. He will have increased the financal debt, he will have the unchecked spending, the weaking of the dollar, the class warfare. We have seen it in the Occupy groups that are popping up.
$4 trillion dollars was added to our national debt by Obama during the first three years of his administration.. Does that sound to you like he is helping our economy by creating jobs and bringing down the debt? He has promised to create three million American jobs. Where are they? And don't say he needs another four years to complete his plan.
So to answer the question I started thius blog with, has Obama done what he promised? My answer is yes. But his promise to who??