Barack Obama's election as president seven years ago broke historic barriers and inspired millions of Americans. As he did when he first ran for office, tonight President Obama spoke eloquently about grand things. He is at his best when he does that.The South Carolina governor followed up her opening shot at Pres. Obama by savaging his foreign policy and highlighting Republican priorities on immigration, taxes, education, and the Second Amendment.
Unfortunately, the President's record has often fallen far short of his soaring words.
As he enters his final year in office, many Americans are still feeling the squeeze of an economy too weak to raise income levels. We're feeling a crushing national debt, a health care plan that has made insurance less affordable and doctors less available, and chaotic unrest in many of our cities.
Haley's alternate state of the union was a clear attempt to disparage the Democrat in White House to reconstitute conservative governing ideology as good governance, as Republicans have done since Pres. Bush moved out of the White House.
During his State of the Union address last night, President Obama seemed eager to tout the nation’s economic gains. “The United States of America, right now, has the strongest, most durable economy in the world,” he said, before rattling off key statistics, including rapid job growth and the strength of the American auto industry. “Anyone claiming that America’s economy is in decline is peddling fiction,” the president added.
The Great Recession legacy Pres. George Bush and his Republican controlled congress left to the United States after eight years in office the nation's longest, and by most measures worst economic recession since the Great Depression between December 2007 and June 2009. The follow discussion reviews the course of the economy following that recession against the background of how deep a hole the recession created – and how much deeper that hole would have been without the financial stabilization and fiscal stimulus policies enacted by Pres. Obama in early 2009.