Saturday, September 15, 2012

What Would Four More Years Of President Barack Obama Mean For The U.S. Economy


Barack Obama

What would another four years of President Barack Obama mean for America. Well, we can deduce much from what the past four years of his tenure has meant to the U.S. economy. In a little under four years President Barack Obama has added $5 trillion dollars in debt to the deficit in America. In another four years, this would mean he would add another $5 trillion in debt, making his grand total $10 trillion.

The unemployment rate in America has risen over four percent during Obama's time in office. Month after month, millions in America have been unemployed with more and more people applying for jobless benefits. An unprecedented number of foreclosures have happened during the Obama Administration with no signs of slowing down under his system. The banks are simply not cooperating with homeowners as they should, due to the fact, there is no meaningful penalty if they do not.

America needs to ask itself, can it afford another term of President Obama. Judging by Obama's track record, the answer to said question is a resounding no. The nation is losing valuable time, money, productivity and progress in the world under the Obama Administration's current financial system that has failed. Ironically, though these methods have failed, Obama refuses to "change."

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