How will history remember the presidency of Barack Obama?
In the budget message he sent Congress this week, Obama portrays himself as a president who led America back to economic good times.
"When I took office, our nation was in the midst of the worst recession since the Great Depression," Obama wrote. "The economy was shedding 800,000 jobs a month. The auto industry was on the brink of collapse and our manufacturing sector was in decline. Many families were struggling to pay their bills and make ends meet. Millions more saw their savings evaporate, even as retirement neared.
"But thanks to the grit and determination of the American people," Obama said, "we rescued our economy from the depths of recession, revitalized our auto industry, and laid down new rules to safeguard our economy from the recklessness of Wall Street."
So is Obama the architect of an economic renaissance? A champion of the working man? Is this what reasonable people a century from now will look back and see in the era of his presidency?
No. Nor should people see that now.
http://cnsnews.com/commentary/terence-p-jeffrey/liberalisms-legacy-debt-and-dependency
In the budget message he sent Congress this week, Obama portrays himself as a president who led America back to economic good times.
"When I took office, our nation was in the midst of the worst recession since the Great Depression," Obama wrote. "The economy was shedding 800,000 jobs a month. The auto industry was on the brink of collapse and our manufacturing sector was in decline. Many families were struggling to pay their bills and make ends meet. Millions more saw their savings evaporate, even as retirement neared.
"But thanks to the grit and determination of the American people," Obama said, "we rescued our economy from the depths of recession, revitalized our auto industry, and laid down new rules to safeguard our economy from the recklessness of Wall Street."
So is Obama the architect of an economic renaissance? A champion of the working man? Is this what reasonable people a century from now will look back and see in the era of his presidency?
No. Nor should people see that now.
http://cnsnews.com/commentary/terence-p-jeffrey/liberalisms-legacy-debt-and-dependency
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