1,000 Days Under President Obama

Today marks the 1,000th day of Barack Obama’s presidency, and unfortunately for America, those days have been marked by deeper deficits, lost jobs, prolonged unemployment, and bigger government. Meanwhile, many of those charged with leading the federal government have all but abdicated their responsibilities.

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The national debt stands at $14.9 trillion–$4.2 trillion of which has been added since Obama took his oath of office. Fourteen million Americans are unemployed–that’s 9.1 percent of the workforce. The unemployment rate has been above nine percent for 840 of the 1000 days, and the average unemployed worker has been without a job for more than 9 months. All told, 2.2 million jobs have been lost under Obama’s watch, despite the White House’s claims that the President’s $787 billion stimulus would create 3.3 million net jobs by 2010. Unfortunately, instead of leading America toward fiscal sanity and a stronger economy, the President is taking the country in the opposite direction. Last week, his latest proposal to “stimulate” the economy with another $447 billion in spending failed to pass the Senate, but instead of recognizing that more taxing and spending is not what America wants or needs, he’s redoubling his efforts. Today, the President is starting another bus tour to sell a different version of the same plan–this time broken up into pieces of taxing and spending still big enough to choke a horse. It’s the same plan, only in different packaging. Former Congressman Ernest Istook explains the danger: More...

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