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He said he would do a lot of things in his first fours years, none of which came to fruition. -- Said he could cut the deficit by half in his first term. Inste
by at-fates-hands 13y ago
He said he would do a lot of things in his first fours years, none of which came to fruition.
-- Said he could cut the deficit by half in his first term. Instead he actually added over 5 trillion to it.
-- Said he would reduce unemployment to under 8%. Today, it still hovers around 10% if you take into account the people who stopped looking for work.
-- Said the stimulus would create 3.5 million jobs. Instead, we actually lost 1.1 million jobs AFTER the stimulus.
-- Said he would make health care more affordable. You simply can't add millions of people to the health care ranks and expect rates to go DOWN. Simple supply and demand economics.
-- Said his investment in Green energy would create 5 million jobs. After spending $90 billion, instead of 5 million jobs, we had several solar companies go bankrupt after securing guaranteed government loans, many of which left tax payers on hook for hundreds of millions of dollars.
And yet, he still got re-elected.