Let's forget about the last 4 years; let's just focus on the last 18 months that Barry Hussein has been in office. Since then Betty has supported Obamacare, the auto bailouts, failed stimulus plans, financial reform (soon to be failures), ignoring Freddie and Fannie and increased unemployment/more failed stimulus.
Let's look at each area (referenced from WND):
Stimulus spending bill: $862 billion
This was a deceptive bill. It was supposed to keep unemployment below 8 percent and create jobs. It did not. Instead, the administration concocted a "saved jobs" concept to help disguise the deception. Gross domestic product growth is still sluggish, and unemployment has remained high at 9.5 percent. Businesses are in a state of "survive" rather than a growth mode because of all the uncertainties created by the administration and Congress. Even though the stimulus bill has not worked, the administration, Betty McCollum and Congress keep spending and plan on raising taxes.
Jobs
VICE PRESIDENT BIDEN: In “18 Months” The Stimulus Will “Create 3.5 Million Jobs … Literally Drop-Kicks Us Out Of This Recession.” “This is a monumental project, but I think it's doable. As you said, we got to stay on top of it and we got to stay on top of it on a weekly basis, because this is about getting this out and spent in 18 months to create 3.5 million jobs and to set -- tee this up so the rest of the good work that's being done here literally drop-kicks us out of this recession and we begin to grow again -- begin to grow again.” (Vice President Biden, Remarks At Recovery Plan Implementation Meeting, The White House, 2/25/09)
The Stimulus Bill Was Signed 18 Months Ago, On February 17, 2009. (H.R.1, “American Recovery And Reinvestment Act Of 2009,” Signed 2/17/09)
3,307,000 Jobs Lost February, 2009 – July, 2010
(U.S. Dept. Of Labor, “Employment, Hour, And Earnings From The Current Employment Statistics Survey (National),” Accessed 8/16/10)
Unemployment Rate: 9.5%
(“The Unemployment Situation – July 2010,” Bureau Of Labor Statistics, 8/6/10)
VICE PRESIDENT BIDEN: “In My Wildest Dreams, I Never Thought It Would Work This Well.”(“Biden On Stimulus: ‘Never Thought It Would Work This Well,’” The Wall Street Journal, 9/24/09)
Obama’s $787 billion economic stimulus package has failed to live up to the lofty expectations and predictions of the administration, and has failed to create the amount of jobs necessary to significantly reduce the unemployment rate.
Indeed, they have done little more than generate an unsustainable national debt, which now exceeds $13 trillion.
The net result of Obama’s failed policies is that consumers are reluctant to spend, entrepreneurs are reluctant to invest, and employers are reluctant to hire to the degree necessary to spur economic growth.
Yeah Joe and Betty, it has worked out well; I can't wait for this summer of recovery to be over, as it means we will be closer to November!
Annual deficits
The largest annual deficit for President George Bush was during his last year in office ($455 billion in fiscal year 2008). The annual deficits under President Obama's first two years of fiscal year 2009 and fiscal year 2010 were $1.7 trillion and $1.6 trillion, respectively. This is why the national debt is growing so fast. Obama said in December 2008: "Deficits don't matter." They do matter to the American people and the future of this country.
National debt is nearly $14 trillion
Nearly $4 trillion has been added to the national debt since Obama took office less than two years ago with a Democrat-controlled Congress. This is in contrast to the $4 trillion added to the national debt during eight years of the Bush administration. The Congressional Budget Office and others have warned that this is unsustainable, but the president and the Democrats continue to ignore these warnings.
And Betty McCollum keeps spending;
Another $26.1 billion
Speaker Pelosi called members of Congress back from August recess to pass this "emergency" jobs bill. Approximately $16 billion went to the states that had done the worst job of managing their Medicaid program, and $10 billion were targeted to save teacher jobs. Right! One caller last week appropriately called it a "snow jobs" bill.
The political arrogance, waste of taxpayers' money and abuse of power by this administration and Congress has been unprecedented. If people remember in November, we can make an unprecedented change of control in Congress.
2 weeks ago she was proud to spend another $26 billion to save the jobs of teachers. I am not against teachers, I just don't believe it will make a difference. Here is what Betty had to say:
"This is a jobs bill that will keep 161,000 teachers - including 2,800 Minnesota jobs - in the classroom rather than in the unemployment line," said Congresswoman McCollum. "This is a bill that prevents thousands of first-responders who are protecting our communities today from losing their jobs tomorrow."
That is great Betty, you bought a union by increasing our debt, but stole from the poor by taking $12 billion from the foodstamp program!!! I am sure the needy understand, in the meantime, their kids go to school hungry!!!
Financial-deform legislation
This legislation is another unnecessary new bureaucracy created by the same two members of Congress (Sen. Chris Dodd and Rep. Barney Frank) who chaired congressional committees that allowed Fannie Mae and Freddie Mac to fail. Their failure was the catalyst for the financial meltdown of 2008 and 2009. Get this! The new legislation excludes Fannie and Freddie from oversight by the newly created bureaucracy. Fannie Mae is now seeking a second bailout of $1.5 billion after 12 straight quarters of losses, and Freddie Mac is asking for $1.8 billion of additional bailout money.
Health-care deform legislation: $1 trillion
The president and the Democrat-controlled Congress passed this legislation against the will of the majority of the American people. Currently, an even larger majority of Americans want this legislation repealed and the president and Congress continue to ignore their wishes. And more insulting, Democrats voting for the legislation did not read it. Speaker Pelosi even said "We must pass it so we can then tell you what's in it."
Betty is as responsible as Barry Hussein and Pelosi for the increased National Debt and lack of jobs. She repeats the same sorry line as Barry and Pelosi; "We have saved or created XXX # of jobs". Really? I talk to SMB manufacturers and distributors every day, and they are terrified about what is happening. My business discussions turn political because these business owners don't know what to do! Do they invest, hire, borrow or save? They don't know, because there is always a new piece of legislation that is talked about, not to mention the Bush tax cuts; will they happen or not?
The problem with Betty McCollum is she has no original ideas; personally, I don't think she has the intellectual capacity to have an original idea. Before you say it isn't all Betty's fault, understand that Betty McCollum votes strictly along party lines at the rate of 98.4%. So yes, when Betty has stood alongside Kenya's village idiot and Pelosi for every single vote, she is responsible. Is Betty good for St. Paul? No. How has she helped St. Paul?
You can read my other posts about how she is anti-Jewish and supports Hamas, denies God, votes against the Pledge of Allegiance and in 2008 said Voter Fraud isn't a problem, yet it was during that election.
Betty, we can't wait to see you gone, along with the rest of the clowns that created this mess; only 39 seats to take Pelosi's gavel away. We will remember in November!
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