President Obama has done a more than credible job of getting the country out of the worst recession and biggest fiscal mess since the Great Depression and deserves to be re-elected.
Obama took office when the country was losing 750,000 jobs a month, banks were not lending to anyone, the stock market was in turmoil and the international financial system was facing collapse. President Obama understood that we were not only in an economic emergency due to the housing crash, but that we were also facing fundamental long term economic challenges best illustrated by the shrinking of our middle class. He took steps to stop the economic freefall but also to address our long term economic problems.
President Obama showed leadership and political courage in restructuring General Motors and Chrysler Motors; he passed the stimulus package, 30 percent of which were tax cuts that reduced taxes for all Americans, with the remainder of the stimulus used to create more than three million jobs through spending on infrastructure, aid to state and local governments and seeding the growth of the renewable energy industry. Obamacare was passed which will get 30 million people health insurance and reduce the budget deficit by over 100 billion dollars over the next 10 years.
Four years later instead of losing hundreds of thousands of jobs a month, we have seen a small but consistent growth in jobs for over twenty months, housing is coming back, consumer confidence is at a five year high and corporations have seen record profits with the stock market at a four year high. And this was accomplished despite historical obstructionism from Republicans whose only goal from the first day of the Obama Administration was to make Obama a one-term president.
President Obama’s success can be attributed to his core belief in the positive role that government should play in society. This belief is fundamentally different from how Republicans view government and is best illustrated in the parties stand on FEMA. George W. Bush hired a former horse show manager and the result was Katrina – remember “Hell of a job, Brownie.” Romney is on record saying FEMA should be sent to the states or even better privatized. In contrast, Obama hired the most qualified manager with disaster experience he could find – a Republican from Jeb Bush’s administration – because that is what good presidents who are non-ideological and believe in government do.
President Obama has shown leadership and political courage and deserves to be re-elected.
Willie C. Moore
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