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• Bush tax cuts and deregulation caused the recession.
In fact, once they were fully in effect in 2003, they sparked stronger growth — generating more than 8 million new jobs over the next four years, and GDP growth averaging close to 3%.
Those tax cuts didn't explode the deficit, either, as Obama frequently claims. Deficits steadily declined after 2003, until the recession hit.
Nor was Bush a deregulator. Conservative Heritage Foundation's regulation expert James Gattuso concluded, after reviewing Bush's record, that "regulation grew substantially during the Bush years."
• I stopped a second Great Depression. The economy had pretty much hit bottom by the time Obama took office, and long before his policies were in place.
• My policies are working.
Median household incomes, for example, have dropped $3,000 — a 5.7% decline — since the Obama recovery started. Income inequality has reached new heights.
There are 659,000 more long-term unemployed than there were in June 2009, and the share of people working has dropped to levels not seen in 30 years, according to the Bureau of Labor Statistics.
Meanwhile, there are 11.8 million more people on food stamps and nearly 2.7 million more in poverty than when the Obama recovery started.
And while Obama likes to tout the fact that 4 million net new jobs have been created since February 2010, what he doesn't say is that most of those are low-wage jobs that replaced better-paying jobs lost during the recession.
• A slow recovery was inevitable.
Obama didn't trot out this excuse until his own economic policies failed to produce the growth he had promised.
Obama's first budget, released in February 2009, predicted "rapid growth" that would "push down the unemployment rate to 5.3% by the end of 2013." In March 2009, Obama boasted that "my long-term projections are highly optimistic."
In August 2009, his economists predicted economic growth rates above 4% this year and next. In April 2010, Vice President Biden predicted job growth of "between 250,000 and 500,000 a month."
It was only after the actual results starting coming in far below expectations that Obama started laying blame on the financial crisis and asking for more time.
• Nobody could have done any better.
Since World War II, there have been 10 recoveries before Obama's. Had Obama's merely performed as well the average of all those recoveries, the nation's GDP would be a staggering $1.2 trillion bigger than it is today, and 7.9 million more people would have jobs.
Obama has relied on these 5 lies that he pushes and pushes, yet has largely gone unchallenged. But its quite simple to refute his bs claims. If you simply look at the facts, versus Obama's claims, it is just undeniable how much a failure he has been. The only way you can see it other wise, is if you're a liberal. These can not be refuted. Obama has done NOTHING to really get things moving again, he saved NOTHING, and his policies are not doing what he said they would do.
Romney needs to hit these points, one by one, during next debate. It would literally be the Obama butt kicking part 2, and would put the nail in the coffin for his re-election bid. If Romney comes out with this one by one, it'll be over. What is Barack going to counter with? "Uh, ...." I am going to be highly disappointed if none of this is brought up more during the next few debates. This is absolutely key, informing those who are not liberal that Barack Obama has been lying to them and simply giving excuses.
Obama has relied on these 5 lies that he pushes and pushes, yet has largely gone unchallenged. But its quite simple to refute his bs claims. If you simply look at the facts, versus Obama's claims, it is just undeniable how much a failure he has been. The only way you can see it other wise, is if you're a liberal. These can not be refuted. Obama has done NOTHING to really get things moving again, he saved NOTHING, and his policies are not doing what he said they would do.
Romney needs to hit these points, one by one, during next debate. It would literally be the Obama butt kicking part 2, and would put the nail in the coffin for his re-election bid. If Romney comes out with this one by one, it'll be over. What is Barack going to counter with? "Uh, ...." I am going to be highly disappointed if none of this is brought up more during the next few debates. This is absolutely key, informing those who are not liberal that Barack Obama has been lying to them and simply giving excuses.
He has lied to us from day 1 . He lied about himself and about his policies . Looks like people ,might be waking up to it
He has lied to us from day 1 . He lied about himself and about his policies . Looks like people ,might be waking up to it
Some are. Sadly, it takes some to see him flop under pressure when confronted face to face about it. I expect Romney to continue to hammer him in the upcoming debates. Obama can give speeches, run ads, but he can not defend his record when challenged directly.
Note that he's never really been a good debater. Sure, he's great at speeches and riling people up at campaign stops, but he can not articulate points or defend his positions when directly challenged. Some have noted this as fact even going back to his law school days.
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