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Barack Obama is a failed President. His legacy — such as it is — will be a failed economic recovery, double-dip recession and devastated American morale.
The president of hope and change has destroyed hope and delivered nation-ruining change. His failed policies have left America economically devastated.
He can’t deliver on his campaign promises because he has broken or forgotten them. He can’t lead the nation out of its morass because he is not a leader.
Business Executive John Mariotti, writing in Forbes, says it best:
There will be no significant recovery in the United States of America while Barack Obama is President. The evidence is overwhelming: everything Obama has tried to fuel a recovery (with his Democratic allies in Congress) has failed. Statistics claiming jobs saved by the stimulus package were mostly fiction, and cost American taxpayers about $275,000 each. Nearly 2-1/2 million fewer Americans have jobs than before the stimulus.
Barack Obama has been President for 30 months—2-1/2 years. He spent the first year obsessed with passing Obamacare, a program that doesn’t create jobs, but might destroy a lot of them. He “bailed out” GM, but many believe that his interference didn’t save GM; it merely cost taxpayers an extra $15-20 billion, and stole from legitimate investors to buy off the UAW. His broken campaign promises are too numerous to list. At some point, his statute of limitations on blaming Bush runs out. The latest joke is that the White House is that named the location of East Coast earthquake near DC “Bush’s Fault.”
Obama himself said, “…that after three years, if the economy wasn’t fixed he should be a one-term president.”
While one can find many faults from George W. Bush‘s presidency, the facts show that America’s problems have deepened under Obama’s watch. He has plunged the nation deeper into debt at twice the pace of Bush, driven unemployment to record levels and left Americans out of work at record rates.
With Americans tiring of Obama’s constant finger-pointing at his predecessor, the President found a new scapegoat: the tea party. The phony grassroots movement is an easy target but Obama’s blame game ignores one simple fact: Many of his actions that have plunged the nation into economic despair began when his party controlled Congress and before the tea party candidates rode a tidal wave of voter discontent into office.
The latest Obama Blame Finger pointing focuses on the “Tea Party” as “extremists” who have a problem with astronomical deficits as far as the eye can see. (Pointing at Bush is getting a little old since he’s been out of office for 2-1/2 years). Obama needs a new scapegoat. The problem with the Tea Party is that it is like the child in the fairy tale, “The Emperors New Clothes.” The child is reviled for pointing out that the emperor is naked. Thus, the Tea Party is not wrong, just unwelcome.
Obama may be a great campaign speaker but he is not a leader. He never has been and no evidence exists that he ever can be. All he can do is used the same, tired rhetoric.
This kind of rhetoric won’t solve America’s problems. It takes strong, informed, and experienced leadership to get through a mess like this one. We need a fixer, not a hypocritical speechmaker in the White House. Barack Obama is not that man. A wise man once told me, “The person who got you into a problem is seldom the one who will get you out of it.” That’s why there will be no recovery on Obama’s watch, but there could be a double-dip recession.
Couldn’t have said it any better ourselves.
John Mariotti is an internationally known executive and an award-winning author. His book, The Complexity Crisis was named one of 2008’s Best Business Books. In his recent novel, The Chinese Conspiracy, he merges an exciting fictional thriller with the factual reality of America’s risk from Cyber-Attacks. (www.thechinesecomspiracy.com) Mariotti does Keynote speeches, serves on corporate boards and is a consultant/advisor to companies. He can be reached at www.mariotti.net .