Let's see....when Mr. Obama took over the reigns of government we were in the midst of a recession an economy heading to a depression. Prior to him taking office the Bush administration bailed out the banks and Wall Street. Mr. Obama faced 2 wars and looming higher unemployment, losing around 650,000 jobs a month. We were heading down the drain.
What has happened since. Unemployment has stabilised. GDP is showing growth signaling the end to the recession. The banks have paid back most of the TARP money, banks are making money again. The stock market is back to pre-recession levels. The war in Iraq is winding down, we will finish combat operations in August of this year. Afghanistan is going through a surge with the planned removal of troops starting next year. Inflation is less than 2%, factory orders are up. Ford Motor Company made a $3 billion profit last year. The stimulus package has saved 2 million jobs and we are rebuilding our infrastructure over the next 2 years. A nuclear arms treaty with Russia is almost complete. Consumer confidence has come back, people are saving more money. 95% of all taxpayers received a tax cut, small business has received tax cuts and credits. There was the cash for clunkers program helping people buy more fuel efficient cars. There is the tax credit for home buyers. Social Security recipients received a $250 bonus, no COLA, but part B did not increase. So they pretty much offset each other.
Ok, so someone explain to me what the complaint is. Before you do, ask yourself this, where would we be if NOTHING had been done.
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