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Obama Grades Himself “Incomplete” on Economy

Posted by Steve Markowitz on September 4, 2012

This past weekend President Obama was interviewed by a Colorado reporter for KKTV.  Uncharacteristically for the mainstream media, the local reporter asked the President to grade himself on the economy, a hardball question.  Obama’s response was telling: “You know I would say incomplete.  Historically after these big financial crises, where a lot of people are dealing with debt or a collapse of a housing market you know that creates a bigger challenges and we’re seeing this not just in the United States but around the world.  I mean Europe is going through a difficult time, parts of Asia even China are going through a difficult time right now.

This is a remarkable admission since the President has had over 3 1/2 years to implement his policies.  To put this incomplete grading in context, it is interesting to review some of Obama’s previous responses to similar questions:

February, 2009 – On the Today Show the President said: “If I don’t have this done in three years, then there’s going to be a one-term proposition.”

December, 2009 – The President then gave his overall performance “a good solid B-plus” when interviewed by Oprah Winfrey.  He embellished on this saying: “B-plus because of the things that are undone.  Health care is not yet signed.  If I get health care passed we tip into A-minus.

During the recently held Colorado TV interview, President Obama highlighted his accomplishments saying: “The steps that we have taken in saving the auto industry, in making sure that college is more affordable and investing in clean energy and science and technology and research, those are all the things that we are going to need to grow over the long term.”  This is a completely different tune than what he proffered during his presidential campaign and what he indicated in 2009.

In light of the goals set by the President himself, his economic policies have failed.  Requesting four more years after grading himself “incomplete” during the first four years is just not reasonable.

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