Considering the fact that prior to being elected President, Barrack Obama hardly had a job and quite possibly never even worked for a “for profit” company, he seems mighty confident in criticizing Republican Presidential candidate Mitt Romney’s record of achievement let alone his net jobs created record at Bain Capital.
The President stood there this week talking about how Romney’s work experiences from Bain Capital to the Salt Lake City Winter Olympics to Governor of Massachusetts hardly prepared him to be President of the United States.
President Obama seems to think his three years in office give him the experience edge even in light of the multiple failures of his administration. He can legitimately claim credit for taking out bin Laden. It took ten years to track him down and whether the Bush Administration contributed to the successful outcome or not, US military forces got the job done. So is that the foundation of his Foreign Policy? I read somewhere that right up to the hour before the mission was launched, Valerie Jarret was pushing Obama to abandon the mission.
The Arab Spring will prove to be significant in history as the time when America could have helped shape the evolution of free society in the Middle East but twiddled our thumbs as the opportunity faded away.
Then of course there is the Keystone Pipeline deal that had been through the approval process but needed Presidential approval that fell by the wayside in spite of the tens of thousands of jobs that would be created, the Solyndra half billion dollar debacle, the Fast and Furious guns to Mexico deal and the million dollar GSA junket to Vegas as examples of the President’s record of either personally deciding or delegating decisions to his appointees; example after example of failures of leadership to be sure but indicators also of a seriously incompetent or corrupt administration.
The President can talk about Romney’s record all he wants but how can he not expect us to compare Romney’s record to his own.
I’m still astonished with the way the General Motors deal was done. Rather than letting the company enter some form of bankruptcy protection that would give the share holders and managers time to renegotiate debt payments and labor contracts the President instructed the government to seize the company, infuse it with enough federal stimulus money to get it through the financial crisis in exchange for high priority shares of stock rendering privately held shares relatively worthless while at the same time preserving the labor contracts that contributed so much to the underlying problems. Is that even legal?
The President talks about how he is a job creator but in my mind, jobs that go away when the government money goes away are not jobs. A real job is a man or woman creating something of value that someone else is willing to pay a market price for. A real job sustains itself.
My final issue is the glut of regulation that flows out of the various federal departments. Anyone who has ever been in business knows the impact changing regulations to a business plan. If you don’t know how the Obama Health Care law will impact your business, it’s not likely that you will hire new employees unless your existing workers are being worked to the bone. Unpredictable regulatory times are a huge impediment to job creation. But it isn’t just the changes, it’s the volume of the regulations. Thousands of pages of new federal regulations fly out of the Environmental Protection Administration, Department of Energy, Department of Commerce, Department of Education and the Department of Transportation each week.
President Obama needs to show us examples of how his buddy politics policies have created jobs since so many of his showcase plays have been unmitigated disasters.
The President should be careful how he characterizes Romney’s qualifications since his own record shows he clearly had no experience at anything except being a slick talking lawyer before he was elected.
I don’t believe Obama has ever served a full term of office in any job he ran for so his record as a legislator is bare as well.
If there were ever a “Do Nothing, Done Nothing!” president, Obama is tops.