President Obama’s Business Record

Posted by Jeff Carter
on May 14th, 2012

President Obama attacked Mitt Romney’s business record today. Romney ran Bain Capital, and several other businesses before entering the public sector. Today, I want to reverse the roles and attack Obama’s business record before he entered the public sector.

Here are my points.

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Actually, you can’t attack Obama because he never was in the private sector. He never did anything of note before he was President. I call that a government bureaucrat or hack. My kids have contributed more to GDP already in their young lives than Obama has done in his.

But, if we look at some of the economic data from the last four years, we can discuss Obama’s record.

1. First time the US ever ~~defaulted~~ downgraded from AAA on debt.
2. Largest budget deficit in history
3. Largest increase in government spending ever
4. Highest prolonged unemployment ever since the Great Depression
5. Lowest percentage of people in the work force ever.
6. Most anemic GDP in a “recovery” ever.
7. Trampled on investors rights in government takeover of industries.
8. If re-elected, the highest tax increase in American history.

US Unemployment Rate data by YCharts

Discuss. Let’s make a change in November.

Thanks for the link Instapundit.

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