| Line 197: |
Line 197: |
| | | | |
| | [[Jeffrey Tucker]] wrote, "President Obama's economic policy has been catastrophic for liberty, enterprise, and the American dream—the very archetype of what not to do to end recession." [http://www.amazon.com/gp/product/1118186176/ref=as_li_tf_tl?ie=UTF8&tag=anncoulter-20&linkCode=as2&camp=1789&creative=9325&creativeASIN=1118186176] | | [[Jeffrey Tucker]] wrote, "President Obama's economic policy has been catastrophic for liberty, enterprise, and the American dream—the very archetype of what not to do to end recession." [http://www.amazon.com/gp/product/1118186176/ref=as_li_tf_tl?ie=UTF8&tag=anncoulter-20&linkCode=as2&camp=1789&creative=9325&creativeASIN=1118186176] |
| | + | =====Stimulus===== |
| | + | :''See also: [[Recovery Summer]]'' |
| | + | In early 2009, Obama lobbied Congress and the public to pass a sweeping Stimulus package<ref>(2009, January 3). "[http://www.msnbc.msn.com/id/28479998/ns/politics-white_house/t/obama-urges-congress-pass-stimulus-plan/ Obama Urges Congress to Pass Stimulus Plan]." ''Associated Press''.<br>Parsons, C. & Nicholas, P. (2009, February 10). "[http://www.msnbc.msn.com/id/28479998/ns/politics-white_house/t/obama-urges-congress-pass-stimulus-plan/ Barack Obama Sternly Urges Congress to Pass Economic Stimulus]." ''Chicago Tribune''.</ref> known as ''The American Recovery and Reinvestment Act of 2009'' (H.R. 1).<ref>"[http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.1: Bill Text Versions: H.R. 1]." 111th Congress (2009-2010). ''Library of Congress''.<br>"[http://www.irs.gov/newsroom/article/0,,id=204335,00.html The American Recovery and Reinvestment Act of 2009: Information Center]." ''IRS''.</ref> The report of the Congressional Budget Office mandated by law stated that the legislation would ultimately harm the economy.<ref>Dinan, S. (2009, February 4). "[http://www.washingtontimes.com/news/2009/feb/04/cbo-obama-stimulus-harmful-over-long-haul/ CBO: Obama Stimulus Harmful Over Long Haul]." ''U.S. News''.</ref> Contrary to his promise of bipartisanship,<ref>Dinan, S. (2009, March 28). "[http://www.washingtontimes.com/news/2009/mar/28/mccain-obama-breaks-campaign-promises-shuns-bipart/?page=all McCain: Obama Breaks Promise of Bipartisanship]." ''Washington Times''.</ref> the bill passed the House 244-188 on January 28, 2009 with 11 Democrats voting with the entire Republican caucus against,<ref>Calmes, J. (2009, January 28). "[http://www.nytimes.com/2009/01/29/us/politics/29obama.html House Passes Stimulus Plan With No G.O.P. Votes]." ''New York Times''.</ref> and received just 3 Republican votes when passing the Senate 61-37.<ref>Herszenhorn, D.M. (2009, February 10). "[http://www.nytimes.com/2009/02/11/washington/11web-stim.html Senate Approves Stimulus Plan]." ''New York Times''.</ref> One third of the massive $838 billion bill consisted of [[Backdoor_spending_authority#Backdoor_tax_expenditures|backdoor tax expenditures]]<ref>(2009, February 11). "Senate Passes $838 Billion Stimulus Bill]." ''Associated Press''.</ref> and the rest direct [[new spending]] on "just about every pent-up Democratic proposal of the last 40 years."<ref>(2009, January 28). "[http://online.wsj.com/article/SB123310466514522309.html A 40-Year Wish List]." ''Wall Street Journal''.</ref> In responding to criticism of the broken bipartisanship promise at the time, House Speaker Nancy Pelosi famously quipped, "We won the election. We wrote the bill."<ref>Kane, P. (2009, January 23). "[http://www.washingtonpost.com/wp-dyn/content/article/2009/01/22/AR2009012203961.html Stimulus Plan Meets More GOP Resistance]." ''Washington Post''.</ref> On February 18, 2009, the Stimulus was signed into law by Obama.<ref>(2009, February 17). "[http://www.msnbc.msn.com/id/29231790/ns/politics-white_house/t/obama-stimulus-lets-americans-claim-destiny/ Obama: Stimulus Lets Americans Claim Destiny]." ''Associated Press''.</ref> In August 2009, Republicans and Democratic Senator David Obey drew attention to mistakes on the Recovery.gov site claiming millions of Stimulus jobs created that didn't exist. Obama responded by saying the errors just indicate his accounting is an "inexact science".<ref>(2009, November 18). "[http://www.foxnews.com/politics/2009/11/18/obama-calls-stimulus-data-errors-issue-says-focus-job-growth/ Obama Calls Stimulus Data Errors 'Side Issue,' Says Focus Is on Job Growth]." ''FOX News''.</ref> |
| | =====[[Sequestration]]===== | | =====[[Sequestration]]===== |
| | According to [[Pulitzer Prize]] winning journalist [[Bob Woodward]] of the ''[[Washington Post]]'', Obama misled the American people in a Presidential debate only two weeks before the 2012 election when he said, "The sequester is not something that I’ve proposed,”<ref>[http://articles.washingtonpost.com/2013-02-22/opinions/37238840_1_jack-lew-treasury-secretary-rob-nabors Obama’s sequester deal-changer,] By Bob Woodward, ''Washington Post'', February 22, 2013.</ref> when in fact his chief budget negotiator and current Chief of Staff, [[Jack Lew]], made a call to Democrat [[Harry Reid]] at 2:30 pm on July 27, 2011 with the proposal after clearing it with Obama,<ref>[http://dailycaller.com/2012/10/22/fact-check-woodward-wrote-that-obama-administration-proposed-sequester/ Fact-check: Woodward wrote that Obama administration proposed sequester]. dailycaller.com </ref> as fulling documented in his book, ''The Price of Politics''. Federal Reserve Chairman [[Ben Bernanke]] warned of immediate jobloss of about 750,000 jobs - about the same level as under George W. Bush - if Obama's budget and economic plans were allowed to take effect.<ref>[http://money.cnn.com/2013/02/26/news/economy/bernanke-burden-recovery/ Bernanke: Spending cuts add 'significant' burden to recovery,] By Annalyn Kurtz, CNN February 26, 2013.</ref> | | According to [[Pulitzer Prize]] winning journalist [[Bob Woodward]] of the ''[[Washington Post]]'', Obama misled the American people in a Presidential debate only two weeks before the 2012 election when he said, "The sequester is not something that I’ve proposed,”<ref>[http://articles.washingtonpost.com/2013-02-22/opinions/37238840_1_jack-lew-treasury-secretary-rob-nabors Obama’s sequester deal-changer,] By Bob Woodward, ''Washington Post'', February 22, 2013.</ref> when in fact his chief budget negotiator and current Chief of Staff, [[Jack Lew]], made a call to Democrat [[Harry Reid]] at 2:30 pm on July 27, 2011 with the proposal after clearing it with Obama,<ref>[http://dailycaller.com/2012/10/22/fact-check-woodward-wrote-that-obama-administration-proposed-sequester/ Fact-check: Woodward wrote that Obama administration proposed sequester]. dailycaller.com </ref> as fulling documented in his book, ''The Price of Politics''. Federal Reserve Chairman [[Ben Bernanke]] warned of immediate jobloss of about 750,000 jobs - about the same level as under George W. Bush - if Obama's budget and economic plans were allowed to take effect.<ref>[http://money.cnn.com/2013/02/26/news/economy/bernanke-burden-recovery/ Bernanke: Spending cuts add 'significant' burden to recovery,] By Annalyn Kurtz, CNN February 26, 2013.</ref> |
| − |
| |
| − | ====Stimulus====
| |
| − | :''See also: [[Recovery Summer]]''
| |
| − | In early 2009, Obama lobbied Congress and the public to pass a sweeping Stimulus package<ref>(2009, January 3). "[http://www.msnbc.msn.com/id/28479998/ns/politics-white_house/t/obama-urges-congress-pass-stimulus-plan/ Obama Urges Congress to Pass Stimulus Plan]." ''Associated Press''.<br>Parsons, C. & Nicholas, P. (2009, February 10). "[http://www.msnbc.msn.com/id/28479998/ns/politics-white_house/t/obama-urges-congress-pass-stimulus-plan/ Barack Obama Sternly Urges Congress to Pass Economic Stimulus]." ''Chicago Tribune''.</ref> known as ''The American Recovery and Reinvestment Act of 2009'' (H.R. 1).<ref>"[http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.1: Bill Text Versions: H.R. 1]." 111th Congress (2009-2010). ''Library of Congress''.<br>"[http://www.irs.gov/newsroom/article/0,,id=204335,00.html The American Recovery and Reinvestment Act of 2009: Information Center]." ''IRS''.</ref> The report of the Congressional Budget Office mandated by law stated that the legislation would ultimately harm the economy.<ref>Dinan, S. (2009, February 4). "[http://www.washingtontimes.com/news/2009/feb/04/cbo-obama-stimulus-harmful-over-long-haul/ CBO: Obama Stimulus Harmful Over Long Haul]." ''U.S. News''.</ref> Contrary to his promise of bipartisanship,<ref>Dinan, S. (2009, March 28). "[http://www.washingtontimes.com/news/2009/mar/28/mccain-obama-breaks-campaign-promises-shuns-bipart/?page=all McCain: Obama Breaks Promise of Bipartisanship]." ''Washington Times''.</ref> the bill passed the House 244-188 on January 28, 2009 with 11 Democrats voting with the entire Republican caucus against,<ref>Calmes, J. (2009, January 28). "[http://www.nytimes.com/2009/01/29/us/politics/29obama.html House Passes Stimulus Plan With No G.O.P. Votes]." ''New York Times''.</ref> and received just 3 Republican votes when passing the Senate 61-37.<ref>Herszenhorn, D.M. (2009, February 10). "[http://www.nytimes.com/2009/02/11/washington/11web-stim.html Senate Approves Stimulus Plan]." ''New York Times''.</ref> One third of the massive $838 billion bill consisted of [[Backdoor_spending_authority#Backdoor_tax_expenditures|backdoor tax expenditures]]<ref>(2009, February 11). "Senate Passes $838 Billion Stimulus Bill]." ''Associated Press''.</ref> and the rest direct [[new spending]] on "just about every pent-up Democratic proposal of the last 40 years."<ref>(2009, January 28). "[http://online.wsj.com/article/SB123310466514522309.html A 40-Year Wish List]." ''Wall Street Journal''.</ref> In responding to criticism of the broken bipartisanship promise at the time, House Speaker Nancy Pelosi famously quipped, "We won the election. We wrote the bill."<ref>Kane, P. (2009, January 23). "[http://www.washingtonpost.com/wp-dyn/content/article/2009/01/22/AR2009012203961.html Stimulus Plan Meets More GOP Resistance]." ''Washington Post''.</ref> On February 18, 2009, the Stimulus was signed into law by Obama.<ref>(2009, February 17). "[http://www.msnbc.msn.com/id/29231790/ns/politics-white_house/t/obama-stimulus-lets-americans-claim-destiny/ Obama: Stimulus Lets Americans Claim Destiny]." ''Associated Press''.</ref> In August 2009, Republicans and Democratic Senator David Obey drew attention to mistakes on the Recovery.gov site claiming millions of Stimulus jobs created that didn't exist. Obama responded by saying the errors just indicate his accounting is an "inexact science".<ref>(2009, November 18). "[http://www.foxnews.com/politics/2009/11/18/obama-calls-stimulus-data-errors-issue-says-focus-job-growth/ Obama Calls Stimulus Data Errors 'Side Issue,' Says Focus Is on Job Growth]." ''FOX News''.</ref>
| |
| | ====Healthcare==== | | ====Healthcare==== |
| | {{main article|Obamacare}} | | {{main article|Obamacare}} |
| Line 208: |
Line 207: |
| | | | |
| | Amongst other things, the act mandates that the population purchase health care coverage or face punitive tax measures, and on this basis has been constitutionally challenged in the federal courts, with mixed results (three courts have upheld the act, two have declared it unconstitutional); thus, the Act is likely destined for [[Supreme Court]] reviewal. Plans originally proposed involved instituting a universal public insurance program, that is, extending Medicare to everyone. The universal mandate included in the act was originally a conservative idea that was enacted in Massachusetts under Republican Mitt Romney. Its supporters note that having health insurance results in reduced costs in paying for treatment of uninsured and forcing people to take responsibility for their healthcare. Due to ethical constraints, doctors cannot deny care to poor patients, resulting in the hospital and the healthcare system at large bearing the cost. | | Amongst other things, the act mandates that the population purchase health care coverage or face punitive tax measures, and on this basis has been constitutionally challenged in the federal courts, with mixed results (three courts have upheld the act, two have declared it unconstitutional); thus, the Act is likely destined for [[Supreme Court]] reviewal. Plans originally proposed involved instituting a universal public insurance program, that is, extending Medicare to everyone. The universal mandate included in the act was originally a conservative idea that was enacted in Massachusetts under Republican Mitt Romney. Its supporters note that having health insurance results in reduced costs in paying for treatment of uninsured and forcing people to take responsibility for their healthcare. Due to ethical constraints, doctors cannot deny care to poor patients, resulting in the hospital and the healthcare system at large bearing the cost. |
| − | ====Gulf oil spill==== | + | ====Environment and energy==== |
| | {{main article|Gulf of Mexico oil spill disaster}} | | {{main article|Gulf of Mexico oil spill disaster}} |
| | President Obama authorized offshore oil drilling in the [[Gulf of Mexico]]<ref>[http://www.csmonitor.com/USA/2010/0430/Gulf-of-Mexico-oil-spill-imperils-Obama-s-offshore-drilling-plan Gulf of Mexico oil spill imperils Obama's offshore drilling plan,] By Mark Clayton, ''Christian Science Monitor'', April 30, 2010.</ref> stating, "oil rigs today generally don’t cause spills"<ref>White House Press Release, [http://www.whitehouse.gov/the-press-office/remarks-president-a-discussion-jobs-and-economy-charlotte-north-carolina Remarks by the President in a Discussion on Jobs and the Economy in Charlotte, North Carolina,] Office of the Press Secretary, April 02, 2010. Retrieved from whitehouse.gov 3 May 2010.</ref> and was widely criticized for his mishandling of the "[[Gulf oil spill disaster|worst environmental disaster]] in US history."<ref>[http://www.examiner.com/x-33986-Political-Spin-Examiner~y2010m4d29-Worst-environmental-disaster-in-US-history-Oil-slick-in-Gulf-of-Mexico-is-set-on-fire Worst environmental disaster in US history,] Maryann Tobin, ''Examiner'', April 29, 2010.</ref><ref>[http://krugman.blogs.nytimes.com/2010/04/30/the-oil-spill-is-obamas-fault/?src=twt&twt=NytimesKrugman Conscience of a Liberal: The Oil Spill Is Obama’s Fault,] Paul Krugman, ''New York Times'', April 30, 2010.</ref> | | President Obama authorized offshore oil drilling in the [[Gulf of Mexico]]<ref>[http://www.csmonitor.com/USA/2010/0430/Gulf-of-Mexico-oil-spill-imperils-Obama-s-offshore-drilling-plan Gulf of Mexico oil spill imperils Obama's offshore drilling plan,] By Mark Clayton, ''Christian Science Monitor'', April 30, 2010.</ref> stating, "oil rigs today generally don’t cause spills"<ref>White House Press Release, [http://www.whitehouse.gov/the-press-office/remarks-president-a-discussion-jobs-and-economy-charlotte-north-carolina Remarks by the President in a Discussion on Jobs and the Economy in Charlotte, North Carolina,] Office of the Press Secretary, April 02, 2010. Retrieved from whitehouse.gov 3 May 2010.</ref> and was widely criticized for his mishandling of the "[[Gulf oil spill disaster|worst environmental disaster]] in US history."<ref>[http://www.examiner.com/x-33986-Political-Spin-Examiner~y2010m4d29-Worst-environmental-disaster-in-US-history-Oil-slick-in-Gulf-of-Mexico-is-set-on-fire Worst environmental disaster in US history,] Maryann Tobin, ''Examiner'', April 29, 2010.</ref><ref>[http://krugman.blogs.nytimes.com/2010/04/30/the-oil-spill-is-obamas-fault/?src=twt&twt=NytimesKrugman Conscience of a Liberal: The Oil Spill Is Obama’s Fault,] Paul Krugman, ''New York Times'', April 30, 2010.</ref> |