Thoughts on Obama’s Economic Performance

Politically I’m an independent. I don’t side exclusively with either the Democrats or Republicans, but I like certain aspects from both sides, and I vote for who I feel is the best candidate. In 2008 I voted for Obama. I was excited about the change he promised, and he seemed like a person who could lead this country in the right path. I was genuinely excited about Obama. Not to mention, once McCain chose Sarah Palin to be his vice president, it made the choice for Obama very easy.

But Obama has been a let-down. Apologists say that he’s been blocked and hampered by Republicans who have refused to get along with him. And I think there’s some truth to that. But let’s face it. Every president has faced opposition from the opposite side. And while I do think Obama’s opposition has been particularly stubborn, it still doesn’t leave him completely guiltless.

Obama has not helped the economy. People say, “Yeah, but he inherited a tough situation, and he didn’t make it worse.” The implication is that because the recession he inherited was so bad, it took all of his effort just to prevent it from getting worse.

To me, this would be like this example: You’re steeped in personal debt, and you know it’s getting worse. You’ve got bills, a mortgage, and other commitments to pay for. You have a family to support, and you want to be able to provide a good future for them. To help you out of your financial mess, you turn to a financial adviser, perhaps at a company like Edward Jones or something. Your financial adviser promises that he can help you out of your mess, and you put your trust in him. He tells you to spend more money and make investments, saying that in order to make money you have to spend it, and in the long run this will help your overall situation. 3 1/2 years pass, and you look at your situation, and nothing has really changed. Nothing, except that you are now in even greater debt than you were when you started. You turn to your financial adviser, and he says, “Well, the situation I inherited was so bad, I did everything I could just to stop it from getting worse.” When you point out that you are now in much greater debt then you were before, he says, “The money you spent was required just to stop your situation from getting worse. Just give me another 4 years, and it’ll get better.” When you point out that he made a lot of promises that he was never able to fulfill, he says, “Yeah, but a lot of people weren’t working with me, and there were a lot of things holding me back. Not my fault.”

Does that really sound like a reasonable excuse? Would you give this financial adviser another 4 years?

To me it seems like Obama just hasn’t lived up to his promises. Unfortunately there doesn’t seem to be a Republican candidate who can do better.

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