Then in complete intellectual suspension he tells the crowd to follow him, because he will take them to the promised land.
"But the important thing, though... I want to emphasize. Is we're moving in the right direction."
But which is it Mr. President? Insulting companies for not re-hiring workers they were forced to lay off because of your loused up stimulus bill, budgetary items, new entitlements, Obamacare, and the longest threat of a tax increase ever held over small businesses heads seems a lot like shooting your own campaign efforts in the foot... With a twelve gauge.
The truth is Mr. President it doesn't have to take another decade for small businesses to begin to excel and for the economy to turn around. I've given you extensive and powerful strategies in my new book. But the answers are out there.
The President has complained regularly about how tough the economy is, yet consider the economic realities President Bush faced post 9-11. The air-travel industry, the investment sector, the energy sector, and the trickle down to every corner of private life were shaken by much harder realities than anything Obama has faced. Yet the Bush economic recovery efforts largely minimized the recession that President Clinton left for him, and even helped him to keep unemployment numbers at near 4.5-5% on average for the duration of his two terms.
In fact it can easily be proven that if Barney Frank, the Congressional Black Caucus, Fannie Mae, and Freddy Mac had all been put in check in their efforts in 2003 and 2005, the housing crisis, that led to the banking crisis, that led to the investment crisis... etc. would've never come about.
The difference between the current non-recovery, and the Bush recovery is how the Presidents view the value of small business. President Bush embraced them as though they are the life-blood of American commerce--which they are.
President Obama came into power promising to raise their tax rates, punish those who were successful, add increased burden through other financial penalties via cap and trade. He also of course wanted to add the penalty for not participating in Obamacare that would exact an $8,000 per year fine for every employee a small business opted out of the program.
When small businesses drive practically everything in this nation day to day, making life difficult for them causes everything in the economy to slow down as well.
Sorry Mr. President, we can't wait a decade for your version of a full recovery to take hold.
And by that definition we are definitely NOT headed in the right direction!