Obama's recovery... isn't

The updated GDP (Gross Domestic Product) numbers are in and they ain't good. The government says the GDP is now revised down from 2.2% to 1.3%. To put that in comparison, the GDP was 3.3 in Bush's last year. That 3.3% was then called a recession. But the anemic 1.3% under Obama is considered a recovery. Go figure. Then again, unemployment under Bush's 8 year tenure averaged 5.25%. Just above the hallowed 5.2% under Clinton. It hasn't been that low since Bush left office but the President says the "private sector is doing just fine."  Apparently, the smartest man who's ever been President isn't real good at math.
The President labeled the summer of 2010 as "Recovery Summer."  That didn't work out too well, so they didn't name the summer of 2011 or 2012 anything. Good move. On "Late night with David Letterman", the President didn't even know how much the national debt was. ($16 trillion). Imagine a Republican getting away with that. They wouldn't. But Barack does.

After getting his $800 billion stimulus package, the $400 billion Omnibus spending bill and Obamacare passed through his, then veto-proof Democratic House and Senate, Obama claims he now needs 4 more years of the same to bring America roaring back. Are any of you liberals out there really buying into this? Honestly? Fool me once, shame on you. Fool me twice, shame on me. Liberal, white guilt put Obama in power 4 years ago and it may keep him there till 2017. But failure is not a basis for re-election. If nothing is done, the National Debt will be $20 trillion by the end of Obama's second term. Medicare will have only 6 or 7 more years of solvency and Social Security will be marching toward its own insolvency by 2032. This President doesn't even talk about those problems unless its to lambast the Republican's ideas. The absence of your own proposals is not a substitute for an agenda.

There's an old saying; "when you find yourself in a hole, stop digging." The President is not only continuing to dig, but he's now using a steam shovel. He now says more borrowing is the answer, along with making the rich pay even higher taxes - not in an effort to reduce the debt, but to make things "fair".  Making people feel as though they are part of those being treated unfairly, is the apparent re-election philosophy of the Obama campaign. It may work. We'll find out shortly enough. Regardless, the GDP is still at 1.3% despite the massive spending and broken promises of four years ago. And should Mr. Obama win election - just look at the mess he's going to inherit.