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October 22, 2011

The Obama Economic and Fiscal Record

Today's Questions for the President
National Review

October 21, 2011 10:24 A.M.

By Peter Kirsanow

In a December, 2009 interview with Oprah Winfrey, you graded your own job performance as "a good, solid B+." You added that "if I get health care passed, we tip into A-." Obamacare has since passed.

* The '"misery index" today is at its highest level in 28 years.
* The unemployment rate has been above 9 percent for 27 of the last 29 months.
* Long-term unemployment is at its highest level in more than 70 years.
* The national debt is $14.8 trillion -- nearly $5 trillion more than four years ago.
* The federal deficit is $1.3 trillion -- more than eight times higher than four years ago.
* Federal spending is $3.57 trillion -- nearly $1 trillion more than four years ago.
* The United States' credit rating has been downgraded for the first time in history.
* You spent $814 billion on a stimulus program so unemployment wouldn't rise above 8 percent and would drop to 6.5 percent by today. Since then, unemployment has never dropped below 8 percent and is 9.1 percent today.
* A record 45 million Americans (nearly one in seven) use the food-stamp program -- 20 million more than four years ago.
* A record 3.8 million foreclosures were filed last year.
* Seventy-seven percent of Americans believe the country is on the wrong track.

In an interview with Jake Tapper a few days ago, you didn't give yourself a specific grade but stated that you "believe all the choices we've made have been the right ones." Is it correct to assume, then, that you were actually shooting for the above results?

What might the above figures be if you had made just one wrong choice? What would the above figures have to be in order for you to give yourself a "D" ?

How long was the wait list for your constitutional-law class?

Posted by Tom at October 22, 2011 8:22 AM

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Comments

And how long did the last depression last? And if McCain had been elected, how would most of those numbers be much different? C'mon, Tom, get real. Even you know, no matter who won the 2008 election, we had several tough years ahead of us. Fine. You detest Obama and all he stands for. But does that mean you have to totally close your eyes to the truth of the situation? You"re just not being credible.

Posted by: cjohnson at October 22, 2011 11:54 PM

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