Congress failed to pass Cap and Trade. Obama issued an executive order giving the EPA power to regulate emissions and impose regulations, causing closure of some coal-powered plants generating electricity, higher operating costs, and job losses. Obama touted Solyndra’s success, one of numerous failed “green energy” companies receiving federal money. Its bankruptcy left taxpayers holding the bag for over $500 million. The stimulus was more money spent for fewer jobs.
Over the last four years, the number of food stamp recipients rose 47 percent, and there are 495,000 more unemployed Americans. The U.S. dropped from first in global competitiveness to seventh. Our national debt increased from $10.6 to $16.06 trillion, creating a deficit larger than that of all other presidents combined. For the first time since 1917, the nation’s AAA credit rating was lowered. Federal spending is the highest since World War II. Gasoline prices doubled from $1.85 to $3.86 per gallon.
Obamacare will implement five new taxes in 2013. It turned the student loan business over to the U.S. Department of Education. It’s taking $176 billion from Medicare.
If you pay federal income tax, common sense says, “This cannot continue.” If you’re a nonpayer and believe it can continue, look at entitlement cuts and increased taxes in Greece, France, and Spain. Wealth redistribution won’t work. Dividing money does not multiply it.
What government program operates without waste and fraud? Each time a tax is imposed, we lose freedom. For every executive order issued, our voices are unheard by members elected to Congress.
Terrorism resulting in loss of American lives is identified as workplace violence, isolated extremist, and spontaneous protests. Our U.S. Department of Justice filed lawsuits against states requiring voter ID’s and sued Arizona for attempting to enforce its immigration laws.
Obama will continue using European style policies. How much is our U.S. Constitution and freedom worth? Will Americans be better off electing Obama to a second term? You decide.