President failing on the economy

August 19, 2013 

Few American presidents have done more to hurt the economy, ravage the middle class and create a people dependent upon government than Barack Obama, with help from Democrats in Congress.

Under Obama, America has endured its worst economic recovery in six decades.

In the past five years, while the employment age population has increased by nearly 12 million people, there are three million fewer Americans working. Real median household income has declined nearly 9 percent from $54,489 at the end of 2007 to $50,020 at the beginning of 2012. It's been 62 months since the recession began and there has been almost no recovery. Typically, deep recessions are followed by robust recoveries — but not with Obama.

Obamacare is having a massive negative impact on hiring (more than 40 percent of small-business owners say it has caused them to freeze hiring, according to a June Gallup poll.)

Obama has imposed $70 billion in new regulations on American businesses. Obama and anti-growth Democrats are destroying America one business and one job at a time and harassing his political foes with IRS audits. He apparently thinks working people are his enemies.



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