Obama’s plan to stimulate economy failed

Doug Wilson, in his letter to the editor, says another term of U.S. President Barack Obama is the last thing the world needs.

Editor:

Dick Harris, our member of parliament, when recently asked about the American election, commented that he was a Conservative and therefore he supported Mitt Romney.

Where should the rest of us stand? I think we as Canadians need to be very interested in the American election. There is no question that the American economy plays a very important role in the Canadian and world economies. With the U.S. economy in the doldrums many of our manufacturers that supply the U.S. market, including our forest industry, normally employing thousands, have suffered through a number of years of American recession, particularly in the home building market.

Being a president of the United States is somewhat like being the pilot of an airliner. A wrong decision could be catastrophic. President Barack Obama is the pilot of the American economy. He is a wonderful, well-liked guy. He can soothe your ear with a terrific speaking style. He could win the next election by his appeal to the millions of voters who depend on him for what I call his socialistic policies. Millions of Americans love what he has done for them. For this reason he will be very hard to beat.

On the other hand, in my opinion, regarding the economy Obama has been an unmitigated failure. He had two full years to freely reign where the Democrats controlled the presidency, the congress, and the senate, and yet today the American economy remains totally stalled, with millions unemployed and thousands still losing their homes.

Obama’s hopes of stimulating the economy by massive investment in infrastructure and alternate energy projects have failed miserably. Many government-sponsored alternate energy projects have cost the U.S. billions in bankruptcies. In fewer than four years under President Obama the U.S. national debt has risen almost double the total debt during former president George W. Bush’s eight -year term and Iraq war years.

The Republicans, on the other hand, do carry the baggage of the Bush presidency.

A questionable Iraq war that cost trillions of dollars coupled with bank failures. World wide, Bush became tagged as an unlikeable character. In as much as people like Obama many people did not like Bush.

Bottom line, whether you like the Republicans or not, four more years of nice-guy Obama could be the last thing the U.S., Canada, and the world needs or wants.

Doug Wilson

Williams Lake

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