Sunday, June 5, 2011

President Obama's inheritance

President Obama is fond of telling us that he "inherited" a terrible economy  even after 2 1/2 years in office.  The supine media have dutifully parroted Obama's "I inherited"... mantra.

George W. Bush never said he "inherited" anything, not even the Clinton recession, the dot com bubble burst, or an intelligence community in shatters.  He manned up and took responsibility for anything that happened on his watch.

Was Obama faced with such terrible circumstances that we should continue to give him a pass in the third year of his Presidency?  Hardly.

Obama actually  inherited an average recession, and since he has been in office, has made it much worse than any other post war recession.

Obama inherited $1.87 a gallon gasoline on the day he took office, thanks to George W. Bush opening up drilling in July 2008.  Now gasoline prices are $3.84 a gallon.  Funny how Pres. Obama never talks about this inheritance.

Obama inherited $10 trillion in debt; he increased our debt in 2 1/2 years another four trillion and counting. 

Obama inherited a superb military and intelligence community, thanks to the efforts of  President George W. Bush.  Because of the efforts of Pres. Bush,  we had the capability to finally kill Osama Bin Laden.  Yet, the President failed to mention President Bush when announcing Bin Laden' death,  patting himself on the back instead.   Funny how this inheritance gets overlooked by our Commander in Chief.

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