As of the 2008 election, those advocating for limited government and lower taxes were left in the dust, and liberals, or "progressive" as, as they want to call themselves, were firmly in charge. Thus, we had TARP, Stimulus I, Stimulus II, Bailouts, Quantitative Easing, Quantitative Easing II, Quantitative Easing III, ObamaCare, Dodd-Frank, and on and on and on.
In other words, the 8.2% unemployment rate we are seeing today is the result of the choices President Obama and the democrats have made with the national fisc, and other policies.
How's that going? And in particular, how are minorities (the very ones democrats claim to want to help) faring under the current regime? Not really well.
- The unemployment rate for African Americans has jumped to 14.4%
- There are 780,000 more unemployed woman today than when President Obama took office
- The unemployment rate for Hispanic Americans is 11.1%
President Obama and the Congressional Democrats are manufacturing misery for all Americans, but especially those they claim so vociferously to want to help and protect. And that's what makes their cries so completely hallow, so incredibly cynical and so terribly unfortunate.