national debt

Friday, April 6, 2012

Romney will be a much better president that Obama

 By Mike Portillo

Many on the left are touting Obama’s record on job creation versus that of President Bush.  While job creation is certainly one important metric by which to grade any president, that alone should not be the deciding factor when determining if a sitting president should be re-elected.  It is even difficult to compare Bush to Obama because Bush's time in office was peppered with one crisis after another whereas Obama has really had to deal with only one crisis - a weak economy. 

Let's take a trip down memory lane, shall we?  Bush inherited a recession from Clinton as the country had not fully recovered from the burst of the tech bubble.  In his first year in office, the nation was blindsided by the 9-11 terrorattacks which further stifled economic activity.  This lead to the enactment of the "Bush Tax Cuts" which worked in that they enabled the economy to recover and dropped unemployment to levels between 4.4% and 5.8% from Nov 2003-Jul 2008. 

Then the nation took a major hit from the mortgage crisis; a looming crisis that both the Republicans in Congress and the Bush Administration tried to stop from happening in 2001, 2003, and again in 2005.  Each time they tried to address the root cause of the mortgage crisis they were thwarted by the Democrats specifically Barney Frank and Chris Dodd).  If you research the roots of the mortgage crisis, you will find that the Clinton Administration used the Justice Department to strong-arm banks into making loans that were unsustainable. 

This crisis led to another recession that Obama did indeed inherit (it is interesting that Democrats handed a Democrat President a Democrat engineered crisis).  However, when Obama was inaugurated, unemployment was in the 7% range, the national average gas price was $1.85 a gallon, and the federal government actually had a budget.  Obama campaigned on a message of hope and change and many people believed that he would get the nation back on the right track. Yet, once in office, he doubled down on the failed economic policies of the pastpolicies that never worked for FDR or LBJ

Instead of reducing regulations and making it easier to do business in the United States he made it harder.  Instead of encouraging domestic production of oil, natural gas, and coal he slapped gulf oil producers with a moratorium, reduced drilling on federal lands by as much as 70%, and blocked the Keystone XL Pipeline.  Instead of working with congress to pass a sensible budget and tax plan that would allow businesses to make long term plans and know what they can expect he used federal debt limit and taxation as a campaign issue in 2010 which eventually led to the GOP retaking the House in the November election.  Instead of taking steps to ensure our long term national security through strong defense and alliances he has hampered our missile defense development, cut our nuclear deterrent, killed the F-22cut defense spending, and alienated our strong allies Canada, Israel, and the United Kingdom. 

Obama has said one thing and done another and he is at it again.  We cannot allow ourselves to be fooled!  Under Obama’s watch unemployment shot up to 10.2%, millions of people have given up looking for work (which artificially makes unemployment look like its going down), gas prices have gone through the roof, the world is less safe (Arab spring became Arab winter and Iran is on the verge of obtaining Nuclear Weapons), the government has been operating without a budget for over 1000 days (the longest period of time in our nation’s history), and the national debt has snowballed (Obama has added more to the national debt in three years that Bush did in eight). 

It is time for a candidate who has real world experience as a leader and job creator in the private sector.  It is time for someone who has a track record of establishing a vision, creating a plan, and obtaining results.  It is time for Mitt Romney

See more  of Mike Portillo here........  http://theconservativeminority.com/rightminority.htm

About the Author: Mike Portillo is an experienced manager working for both Fortune 50 companies and mid-sized corporations.  He also teaches college courses and volunteers his time for causes he believes in.  Mike holds a Master’s Degree in Management from theUniversity of Redlands and a Master’s Degree in Education from Pepperdine University. As an American of Hispanic heritage, Mike engages the minority population in the United States through discussion, social media, and debate in an effort to help them understand and embrace the conservative values that made our nation great.

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