TeamGreene
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- Dec 19, 2007
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When President Obama took office, the American economy was in a death spiral: the worst economic crisis in 60 years, ongoing wars in two foreign countries costing Americans trillions of dollars, the lives of 3,000 American soldiers, 10,000 disabled veterans and up to 100,000 non-combatant deaths; a huge budget deficit, and the colossal, self-induced crash of the financial services sector.
Today, the president is accused of a lack of focus in foreign policy. Yet his clear policy resulted in the ending of lengthy wars in two Muslim countries, in favor of opting to use our military resources to equip, train and provide support for indigenous military forces in the two countries to assume the responsibility for defense of their homelands. The president has opted instead to use U.S. airpower and unmanned drones to efficiently eliminate extremist jihadist and Taliban leaders, with much-reduced loss of lives of innocent civilians.
The president?s economic policy (as much as he could get the Congress to pass) has resulted in a revitalized, profitable U.S. automobile industry; revitalized, accelerating housing markets; millions of new jobs; the unemployment rate reduced to pre-2008 levels to a near-normal 5.9 percent, and a new record-high stock market, reflecting dramatic increases in profits by American businesses. How does this equate to the charge of allegedly failed economic policies?
Lets take a little trip down memory lane alllllll the way back to 2005/6 when unemployment rate was +- 5% and the libs were banging on GWB about a jobless recovery! What a joke.