It’s the beginning of 2010. The question is how is the economy doing as a result of Democratic policies?
I’m a businessman. I have to look at the objective and the results and measure the performance of these policies based on the actual results. The objective of the Democratic policies was to create jobs, lower the unemployment rate and begin to reduce the federal deficit.
Well, as best I can tell, here are the results:
Right now more than 15 million Americans are unemployed.
President Obama, Harry Reid, Nancy Pelosi and Harry Mitchell promised that borrowing another trillion dollars would create jobs “immediately” and unemployment would not rise above 8%.
As of December, the national unemployment rate was 10%, the highest level of unemployment sine June 1983.
85,000 jobs were lost in December and more than 2.7 million jobs have been lost since the stimulus package, which Harry Mitchell voted for, was signed by President Obama.
More than six million jobs have been lost since Democrats took control of the Congress in January 2007.
In fiscal year 2009, Democrats in Washington spent a record $3.52 trillion and the national debt hit a record $1.4 trillion.
In November, the national debt passed $12 trillion and has increased by 39% since Democrats took control of Congress three years ago.
Now, if we were running the country like a business and these were the results at year-end, the people responsible for these results would be fired. It’s that simple.
So the real question is, do these people deserve to stay in office based on this performance?
I don’t think so.
Events
August 18, 2010
Stubert Java with Jim
When: 7:00P Wednesday, August 18th Where: Scottsdale For more info: 480-718-9317 link to event
Jim on the Issues
Prosperity
I believe government is and should be limited by three defined purposes. The first is for our government to promote prosperity. That means it should facilitate the free market system so we can all innovate and create wealth. Government shouldn't dictate, define or over-regulate our road to happinness
Liberty
Second, government should defend our fundamental liberties as defined by the Constitution of the United States of America and the Bill of Rights and not infringe upon them.
Security
Third, government should provide for our common security.
Jim: Here is an idea for you to take to Congress. We pay billions of dollars annually in foreign aid. Specifically, Mexico receives over $100 million. Here's the deal - any medical bills created by an illegal alien from another country would be paid to the hospital and that amount would be deducted from the foreign aid we send to that nation during the next year. In addition, we also deduct the cost of a one-way flight back to their home country. The benefits are that the hospitals get paid, reducing costs for Americans. The illegal alien gets sent home. Their home country pays for it. My two cents.
Posted: January 18th, 2010 - 10:58 am