Obamanomics – Huge Success or Total Failure?
HAS HE ACCOMPLISHED HIS GOAL?
by JB Williams, ©2011(Aug. 6, 2011) — Americans expecting Obama to fix the economy are beginning to lose faith in their messiah as Obama sets new historic lows in America’s economic standing in the world. For the first time in U.S. history, the most prosperous nation ever known to mankind has lost its AAA credit rating under Obamanomics – making Obama the first U.S. President in history to destroy America’s record as the world’s economic superpower.
America’s spend, borrow and print economic policies are sending economic shock waves around the globe. The nation that has provided economic aid to more than eighty-percent of the globe is now in deep economic trouble itself.
The people, who knew Obamanomics would fail, just like every Marxist wealth redistribution system ever tried on earth, have concluded that Obama is an economic nitwit and a monumental fiscal failure. But are they right?
Success is in the eye of the beholder. If you are looking for real free market economic recovery, Obamanomics is a historic failure the likes of which has never before been seen in the United States. But if your agenda is to destroy free-market economics, then Obama’s plan is a success story that communists could only dream of in the past.
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