This poster is interesting because the facts are true, but it’s presented in a misleading fashion. It seems to blame the President for the problems in all these areas and it seems to disregard that Mr. Obama came into office at the pinnacle of the worst recession since the Great Depression. The poster wants to convey Obama caused the mess we currently face.
First, the credit rating downgrade was mostly due to the debacle this summer when Congress decided to make raising the debt ceiling a controversial item. That controversy was brought about by ideological Republicans who felt raising the debt ceiling was not in the best interest of the country.
Second, the 8.3 percent unemployment rate is actually a good sign. Yes, when President Obama came into office the unemployment rate was lower, but he came into office while the economy was crumbling. When he stepped into the White House the economy was losing 750,000 jobs a month and now the economy is creating thousands of jobs each month. Also, it was not until June 2009 when the President passed his stimulus package and by October 2009 the unemployment rate began its downward trend.
Third, trying to blame one person for rising gas prices is just absurd. Oil is a global market, and most economists agree the president (Republican or Democrat) has little effect on gas prices. As an aside, under Obama we have decreased our foreign oil consumption. The current increase in gas prices is being driven primarily by the problems in Iran. Like I said, global market not one person.
Fourth, the national debt has increased a lot under President Obama, but once again he came into office during a recession where demand was down, consumer confidence was low and banks were unwilling to make loans. In these conditions there are two options, increase spending, like the President did, or use austerity measures, like Europe did. Looking at the state of Europe I think the President made the right decision. Also, Bush came into office with a national debt of $5 trillion and left with a national debt of $10 trillion.
Fifth, this one is arguably wrong. We are currently only in 1 war, Afghanistan. And unless you forgot, the big reason we went to Afghanistan was to get Osama and guess what… Obama got him. Further, President Obama has removed our troops from Iraq (1 war down). The third war against Libya was incredibly successful. The President’s plan worked. We helped rid the country of a terrible dictator with minimal spending and zero soldiers being sent there (2 wars down).
Sixth, yes the President extended unemployment benefits. How dare he help people during a recession? He should have let them go hungry.
Finally, there has not been an annual budget, which is true. However, President Obama has submitted budget proposals each year. Congress just failed to approve them. I’ll admit the Congressional Democrats are somewhat responsible, but it is not Obama’s fault. And is the poster really trying to purport the mess we are in is due to Congress failing to pass a budget proposal? Also, there may have been an annual budget in 2008 but in 2007 and 2005 when Republicans had control of both houses no budget was passed.