“Look, I’m at the start of my administration. One nice thing about the situation I find myself in is that I will be held accountable. You know, I’ve got four years. And, you know, a year from now I think people are going to see that we’re starting to make some progress,” Obama said. “But there’s still going to be some pain out there. If I don’t have this done in three years, then there’s going to be a one-term proposition.”
-Barack Obama, Feb 2008.
"Three years", he said. He voluntarily set that standard for us to judge him by. Those 3+ years have come and gone, and by his own standard, he hasnt gotten the job done.
The economic numbers just keep looking bad, with no indication of improvment within view. America is going through the longest period of 8 percent + unemployment since the great depression. This is no longer the Bush economy. This is the Obama economy, so it's time for the media to stop giving Obama a pass. Lord knows under these same circumstances, a Republican president would have been held accountable for the state of the economy, rather than still trying to place the blame at the feet of the previous administration.
The latest piece of evidence to add to the pile:
FOREIGN DEBT UP 72.3% UNDER OBAMA
(CNS News) The money the U.S. government owes to foreign entities rose to a record $5.2923 trillion in June, according to data released by the U.S. Treasury Wednesday afternoon.
In May, the U.S. Treasury had owed $5.2581 trillion to foreign entities. On net, in June, the U.S. government borrowed an additional $34.2 billion from foreign entities in order to fund U.S. government operations.
The U.S. government’s indebtedness to foreign interests has grown by 72.3 percent during President Barack Obama’s term in office. In January 2009, when Obama was inaugurated, the U.S. government owed $3.0717 trillion to foreign entities, according to the Treasury Department. That has increased by $2.2206 trillion—or 72.3 percent—to the record $5.2923 trillion reported for yesterday.
Its hard, by any objective measure, to consider this man's presidency a success.
No more years. Amateur hour is over. He needs to go.