How shall we rate His Excellency, Obama, after one year in office?
One way to do so is to review his promises to the American people, who longed for the "changes" upon which he campaigned.
He pledged not to raise taxes, to curb earmarks and to shut down the Guantanamo Bay detention facility in Cuba by the end of his first year. His administration failed to follow through on none of these pledges.
He said he would fix the economy and insure with the trillion-dollar stimulation package that unemployment would never reach 8 percent. Unemployment is over 10 percent.
He said the Health bill debate would air on C-span so that the public could freely scrutinize it, and that his administration would be an open, "transparent" one regarding all proceedings.
He pledged to provide a $1,000 tax credit to 95 percent of all working families. He further pledged that "no family making less than $250,000 would see their taxes increase - "not your income taxes, not your payroll taxes, not your capital gains taxes, not any of your taxes." Obama also promised to cut the federal budget deficit by more than half in his first term. He said he would pull all U.S. combat troops out within 16 months. Hundreds of banks have gone bankrupt. The economy is in a deepening recession, they have tripled the deficit, and the dollar is sinking in credibility. Regarding his stimulus bill, it has done nothing to stop the hemorrhage of jobs in the country and, now, he has stated he will throw more money at the problem with another stimulus package. George Will's comment on this further destruction of the economy: "It will inject into the economy money that government siphons from the economy, thereby somehow creating jobs. And you thought alchemy was strange. "
One Guy's Opinion on the Political Scene By: Jim Herndon
