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Wednesday, August 24, 2011

postheadericon What is the President's economic recovery plan?

Home sales are at an all time low, but prices for groceries, school supplies and basic necessities like power and gas are going up. Our economy remains extremely fragile, with signs of continued weakness. The economy is not generating enough jobs and unemployment remains above nine percent. The stakes couldn’t be higher. Now, more than ever, the American people need the President to lead.

What is President Obama’s plan for economic recovery? We’re over two and a half years into his presidency, and President Obama has failed to put forward a plan that grows the economy and puts Americans back to work. The President’s policies have only resulted in higher deficits and have failed to create jobs, which is exactly why many are frustrated. Since President Obama took office on January 20, 2009, the national debt has increased by $3.7 trillion. To put that in perspective, it took the U.S. from 1776 until 1992 to accumulate the same amount of debt that Presiden! t Obama accumulated in two and a half years.

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