I supported his $787 billion stimulus package, which was supposed to have kicked in by now. But instead of creating or saving 2.5 million jobs, the unemployment rate has steadily risen. Now, Obama economic advisor Lawrence H. Summers is telling us these lost jobs provide no "basis for concluding that the Recovery Act is falling short of its goals."
While our economy founders, House Democrats rammed a cap and trade bill down our throats that will actually cost as many as 35,000 jobs here in Pennsylvania. As energy costs soar, our electricity bills will increase somewhere between $140 and $3,000, depending on whether you listen to Democratic or Republican bags of hot air.
Now, in the wake of two costly monster bills that appear to be failures, Obama insists on enactment of another financial juggernaut, a $1 trillion health insurance plan for 45 million Americans who lack it. A finished bill must be on Obama's desk by the end of August.
In the meantime, Obama's Presidential Approval Rating of is beginning to slip away. He's doing too much, too fast, without bothering to see whether anything is actually helping.