.jpg)
If you haven't read Part 1, read it here: Obama is the worst thing that happened to America? (Part 1)
14) Obama's policies are anti-business
FACT: The Dow Jones when Clinton entered office in January 1993 was at 3,300. When he left office in January 2001: 10,662. Dow Jones when Bush left office in January 2009: 9,034. Dow Jones today: 16,437. The Dow has more than doubled in just the first five years of the Obama administration. Yes.... Businessmen just hate that.
15) Obama's policies have resulted in massive unemployment
FACT: When George W. Bush stumbled into office in January 2001, he inherited a 4.3% unemployment rate from Bill Clinton. When he left office 8 years later, the unemployment rate was 9.7% and rising fast. As of today, that number is 6.7%, no thanks to the Republicans in Congress who've done everything within their power to sabotage the recovery.
During the eight years under George W. Bush, his policies created just 1 million jobs (with another 2 million in the military). Since Barack Obama was sworn in five years ago, 7.6 million jobs have been created, and there are still three years left in his term. So, nice try.
16) Fast & Furious
FACT: Another poorly conceived program left over from the Bush administration that the GOP is trying to pin on Obama. Move along.
17) Liberals always try to deflect from Obama's record by bringing up Bush
FACT: Wrong-o, Bozo. We just like to rub your noses in your hypocrisy. By intentionally ignoring, or even lying about Bush's record and focusing instead on the above Fox News lies, you've liberated yourselves once again from those pesky facts. So it's become incumbent upon us to set the record straight. To the contrary, conservatives are always trying to deflect from the failures of the Bush years by telling the aforementioned lies.
18) The deficit has skyrocketed under Obama
FACT: The budget was balanced when Clinton left office in 2001 (in fact, he left Dubbya with a $300,000,000,000 surplus).
Eight years later, Bush left Obama with a $1,413,000,000,000 deficit and a 9.8% deficit/GDP ratio. Most of which was due to Bush's deficit-spending on the Iraq War, Medicare Part D and the two tax cuts that largely went to the wealthy.
"Remember what Reagan taught us. Deficits don't matter." ~ Dick Cheney
Since Obama's election:
2010 -- $1,294,000,000,000 8.7% deficit/GDP
2011 -- $1,300,000,000,000 8.4% deficit/GDP
2012 -- $1,087,000,000,000 6.8% deficit/GDP
2013 -- $680,000,000,000 4.1% deficit/GDP
2014 -- $560,000,000,000 3.3% deficit/GDP
See a pattern developing? Furthermore, the United States is now producing more oil than we import. Our overall trade deficit is at a four year low, as imported oil continues to decline. GM, Ford and Chrysler are all chugging along nicely, no thanks to a unified Republican/Teabigot party, who were eager to sacrifice 2 million American jobs on their altar of Obama Derangement Syndrome.
The trade gap has fallen 12.9% to $34.3 billion as Obama's policies have made American products and services more available abroad, while Americans are increasingly buying more domestic products. The trade imbalance is now lower than at any time since the beginning of the recession, and the offshoring of American jobs has (finally) slowed to a trickle.
Our trade gap with China is down 6.7% (largely based on their taste for American cars — see above), our trade gap with Japan is down 8.4% and our trade gap with the European Union has dropped a whopping 29.4%.
Are things perfect? No. There's still much to be done. But the rumors of Barack Obama's "failures" have been greatly exaggerated, and it's time to call these talking points what they are... lies. This president will go down in history as a man who achieved some amazing accomplishments, especially considering the unified opposition he's had to endure since Day One.
Related articles:
Don't forget to share with your friends and colleagues
You can leave your comments below, in the Comment Section. We like to have a healthy debate here. Please avoid profanity, personal attacks and rouse racial and religious sensitivity. The views of the commentators are not shared by Both Coin. The bottomline is, comment sensibly with relevance to the article.
.jpg)
