As we approach Election Day 2012, let me lay out the final "Indictment of Barack Obama."
It’s too late to play nice, to not tell the raw, unvarnished truth. If we don’t tell the truth (and fast), we are going to lose America, capitalism, and our children’s future. The truth is Obama is destroying the American dream.
President Obama may be a good husband and father. He may think he is doing right. But the road to hell is paved with good intentions. Nice or not, Obama believes government has the answer to every problem. He believes in punishment of the successful (i.e. job creators). He believes in income redistribution. He believes in massive spending and debt. He believes in rules, regulations, and mandates – that government always knows best.
The truth is those beliefs don’t work. You don’t need to look far to prove these theories are disastrous. Europe has been following Obama’s plan - big government, big unions, big spending, big taxes, big entitlements, big pensions, "free" healthcare, too many government employees, and unlimited spending on green energy and high speed rail. The result? Economic disaster. Greece, Italy, and Spain are enduring a tragedy few can comprehend. France is next.
America, under Obama, is following the same path. On Tuesday, before it’s too late, Obama needs to be indicted by the American people.
Here’s the case. Judge for yourselves:
*As of Election Day, unemployment is 7.9%, the highest for any incumbent since FDR.
*More importantly, the REAL unemployment rate is in the range of 15%…Higher than in most years of the Great Depression.
*Unemployment in the black community is 14.3%.
*Unemployment and under-employment for college graduates is a staggering 53%.
*The Labor Force participation rate for men is the lowest since 1948.
*Under Obama food stamp growth is 75% greater than job growth, with a record 46 million Americans now on food stamps.
*An unfathomable 11 million Americans are on disability, a number larger than the population of a majority of states.
*One sixth of all personal income in the USA comes in the form of a check from the government.
*The housing collapse is deeper than the Great Depression.
*The net worth of the average American is down 40%.
*New business startups are at the lowest level in 30 years.
*The U.S. credit rating has been downgraded for first time in history.
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