In 2008 Obama told us he opposed corporate welfare. He said we need to "cut back" a program called "the Export-Import Bank," or Ex-Im Bank, that he said had "become little more than a fund for corporate welfare." When Congress instead increased its funding by $40 billion, Obama signed the bill and said "congratulations on reauthorizing Ex-Im Bank to continue upon its extraordinary mission." Under Obama, that mission including a $2 billion loan guarantee to Brazilian oil giant Petrobras to drill off the coast of Brazil.
Offshore drilling here in America might be Obama's flippiest flop of all. He started the 2008 campaign against drilling, but flipped when the public outrage was crystallized during the summer's "Drill Here! Drill Now!" protests. Then he flopped back to opposing drilling, and his Interior Department set-aside an already-approved leasing plan immediately upon Obama taking office. Then he flipped again, in March 2010 announcing an offshore drilling plan. The New York Times headline was "Obama to Open Offshore Areas to Oil Drilling for the First Time." That plan never was implemented, and by December 2010 the New York Times ran the headline: "White House rescinds plan to expand drilling." Virginians were especially outraged, because the canceled lease sale off the Virginia coast would have created 10,000 jobs and had strong bipartisan support in the state.
There are many more examples and my team is cataloging them at www.ObamaDoubleSpeak.com. But the bottom line is that a candidate who promised hope and change - and an awful lot of specifics - has failed to deliver on promises big and small. In the debate between Obama's promises and his record, the winner is Mitt Romney.
Phil Kerpen is president of American Commitment, a columnist on Fox News Opinion, chairman of the Internet Freedom Coalition, and author of the 2011 book Democracy Denied.
American Commitment is dedicated to restoring and protecting America’s core commitment to free markets, economic growth, Constitutionally-limited government, property rights, and individual freedom.
Washingtonian magazine named Mr. Kerpen to their "Guest List" in 2008 and The Hill newspaper named Mr. Kerpen a "Top Grassroots Lobbyist" in 2011.
Mr. Kerpen's op-eds have run in newspapers across the country and he is a frequent radio and television commentator on economic growth issues.
Prior to joining American Commitment, Mr. Kerpen served as vice president for policy at Americans for Prosperity. Mr. Kerpen has also previously worked as an analyst and researcher for the Free Enterprise Fund, the Club for Growth, and the Cato Institute.
A native of Brooklyn, N.Y., Mr. Kerpen currently resides in Washington, D.C. with his wife Joanna and their daughter Lilly.