What I find puzzling is the number of editorials backing Barack Obama for another four years. We haven’t had enough pain already?

Since taking office in January 2009, three million more Americans are out of work, the national debt has grown by $5 trillion, partisan gridlock is worst than ever and America’s standing in the Muslim world is no higher than it was under George W. Bush, Iran remains a powder keg. And let’s not forget the campaign promises that Guantanamo would be closed within his first year in office and that global warming would be seriously addressed by the United States if Obama was elected.

Obama has said numerous times how he had inherited a mess from George Bush: the bad economy, the national debt issue, the banking crisis, Fannie Mae and Freddie Mac that led to so many foreclosures.

Gee, nothing has been his doing in the last three and one-half years? Or has it?

Well, spending is not done from the White House, but from Congress, and the Democrats took control of Congress on Jan. 3, 2007. That’s right, Jan. 3, 2007, not Jan. 22, 2009.

The Democratic Party controlled both the House and Senate. At the time of the change to Democrats, the Dow Jones closed at 12,621.77, gross domestic product growth was 3.5 percent, unemployment was 4.6 percent, and the country had seen a record of 52 consecutive months of job growth.

Democrats were placed in charge of the House financial services and the Senate banking committees, which controlled and set the policies of Fannie Mae and Freddie Mac. So Obama inherited what from whom? What will change with four more years of President Obama?

Norman L. Mitchell Sr.

Winslow

Augusta and Waterville news

Get news and events from your towns in your inbox every Friday.


  • This field is for validation purposes and should be left unchanged.