Welfare spending has grown by 32% over Obama’s 4-year term, “reaching $746 billion in 2011 — or more than Social Security, basic defense spending or any other single chunk of the federal government.” Is that “change you can believe in”?
Vice President Joe Biden acknowledges the obvious: “How they can justify raising taxes on the middle class that’s been buried in the last four years?” Yes, the middle class HAS been buried under Obama’s policies for the past 4 years.
Senator Lindsey Graham calls Obama’s move “patently illegal”: Notices under the federal WARN Act are required 60 days before layoffs occur, and “The Obama administration issued guidance Friday that said defense firms’ costs would be covered if they have to layoff workers due to canceled contracts under the across-the-board cuts set to take effect Jan. 2.” In other words, Obama is bribing defense contractors to violate federal law by delaying layoff notices, so that the notices don’t get sent out 4 days before the November election.
No President should ever declare a “national emergency” requiring Congress to pass his own flawed version of a “jobs bill.” Whenever a President declares a “national emergency,” he’s grabbing more power by taking away more of your liberty.
Update: Among numerous other failures, it’s been revealed that a $249 million grant to A123 Systems only created 400 jobs.