The Barack Obama Economic Record: Worth Defending!

Republicans love to attack Barack Obama as a dissater on economic matters, claiming he is a total failure, and conveniently forgetting the horrible record of George W. Bush, and what Barack Obama inherited, the worse economic conditions for a new President entering office since Franklin D. Roosevelt in 1933!

But just as the FDR economic record is seen as positive by most historians and other scholars, someday the Obama record in his first term will be praised.

Of course, there are still naysayers for FDR’s economic record, and they seem to be multiplying, as part of the conservative and Republican assault on Barack Obama, but the truth is otherwise from what the propagandists state!

Is there room for improvement? Of course, but considering where we started in January 2009, the economy has come a long way.

What has been accomplished?

The creation of 4.1 million jobs.
25 straight months of economic growth.
The lowering of the unemployment rate from a high of 9.7% to 8.2%.
An increase of 63 percent in the stock market.
The revival and success of the auto industry.

This is a record Obama can be proud of, and we must remind ourselves that, as Obama has stated, the mess we were left in by the Bush Administration cannot be reversed completely in four years, and maybe not even eight years.

It will be a long haul, but the point is progress is being made, and Mitt Romney refuses to recognize that, and thinks his business experience will be the way to get us out of our economic mess more quickly.

A final thought: The last businessman President was Herbert Hoover! That is correct, Herbert Hoover! Enough said!

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