For months now, an army of opposition researchers at the Republican National Committee have been digging up every exuberant, exaggerated claim Obama has made in behalf of his policies. Those words are going to be thrown back at him between now and November, reminding the voters that he made over-the-top promises that remain unfulfilled. Among them:
-- That his $800 billion spending stimulus bill would lift two million Americans out of poverty. In fact, the Census Bureau tells us that over six million Americans have fallen below the poverty income line during the past three years of his presidency.
-- That his home foreclosure assistance program would "help between 7 and 9 million families restructure or refinance their mortgages." Actually, his administration has spent a great deal less than it promised and helped only 2 million, at best.
-- In his 2008 nomination acceptance address to the Democratic national convention, Obama said his plan to invest $80 billlion in clean technologies would create five million new jobs. So far, the money spent on the projects has produced nowhere near that jobs figure and has come under investigation for bankrolling loans sought by wealthy donors to Obama's campaign.
Internal government documents obtained by a House oversight committee found that the program was heavily politicized, and included a fat loan to a solar panel business publicly promoted by Obama that later went bankrupt, costing taxpayers half a billion dollars. A Post investigation last month found that the program "was infused with politics at every level."
-- Appearing on the NBC Today Show in 2009, Obama said that if the economy did not recover within three years, "then there's going to be a one-term president."
These and other Obama remarks will be the source for a tidal wave of Republican videos on television and the Internet over the ensuing year. But none will be more ubiquitous than his claims that he's stablized and turned the economy around since its plunge into the Great Recession.
But official government data draws a starkly different picture: A nearly 9 percent national unemployment rate; a weak economic growth rate that's barely creeping along at a snail's pace 1.8 percent; and millions of discouraged workers giving up and leaving the labor force because they cannot find jobs.
That's the sober reality of the dismal Obama economy: weak capital investment, banks reluctant to lend, home values continuing to decline, college graduates unable to find jobs, and nearly a dozen states permanently stuck in double-digit unemployment.
A recent RNC ad uses Obama's own words to indict his performance as president. An Internet spot titled "It's Been Three Years" shows candidate Obama saying the "real question" is whether or not Americans will be better off in four years.
The ad flashes forwards to a one-on-one interview with ABC News analyst George Stephanopoulos last October in which Obama says "I don't think they're better off than they were four years ago."
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