Crossroads GPS, a grassroots advocacy group, have launched a $20 million ad campaign with a focus on Obama's failed policies, overspending, debt and high unemployment. The first ad in a series expected to be released will come tomorrow and the campaign will last for two months.
“President Obama may have inherited a recession, but his policies have made things worse for everyday Americans by running up the debt and causing economic uncertainty,” said Steven Law, president of Crossroads GPS. “Now Obama seems checked out of efforts to reduce America’s dangerous debt load, while his party is pushing massive tax increases and even more spending.”
Since President Obama took office in January 2009, the national debt has increased by 35%, gas prices have more than doubled, and unemployment is up more than 20%, with more than 2.5 million jobs lost since the passage of his stimulus bill. Obama and his advisors claimed unemployment would drop to 6.7% at this point with passage of the stimulus; instead unemployment actually increased to 9.1%.