“Ohio, we’ve tried our ideas and they work,” President Obama said yesterday in Lima, Ohio
We’ve tried the other folks’ ideas. They don’t work. The eight years before I took office, we tried their ideas. What did we get? We got falling incomes, record deficits … and an economic crisis that we’ve been cleaning up after ever since.
So, please tell me exactly how Obama’s ideas worked. Federal debt increased more in his (still uncompleted) first term than it did in both George W. Bush’s terms. The unemployment rate is higher than it was the day he took office. And much higher than the rate forecast by his team of economists when they pitched his “stimulus.” The economic recovery is the slowest since the Great Depression.
It’s as if the neophyte challenger running against an incumbent president. He’s not running on his record; he’s still running against George W. Bush.
And if George W. Bush is still responsible for today’s problems, then, well, Mr. Obama hasn’t been a very effective chief effective. . .