“If I don't have this done in three years, then there’s gonna be a one-term proposition."
—President Barack Obama, February 2, 2009
Back-to-school for the president
Asked to grade his performance, President Obama recently said that he would assign an “incomplete” to his administration’s progress in dealing with the 2007-09 recession. This is curious grading criteria considering the president has presided over the worst unemployment crisis since the Great Depression and slowest recovery since World War II.
Even a scan of recent headlines belies what the president considers effective policies:
WHAT ARE HOUSE REPUBLICANS DOING?
House Republicans have a Plan for America’s Job Creators—it’s time for the President and Senate Democrats to stop blocking our bipartisan jobs bills, such as the dozens of bills passed in the House that would provide relief from record amounts of red tape. Highlights include the REINS Act, repeal of President Obama’s federal takeover of healthcare law, and the Entrepreneur Access to Capital Act. The Wall Street Journal called our efforts, “the largest overhaul of the rule-making process and larger administrative state since Ronald Reagan, and perhaps longer.”
Additionally, House Republicans have lead where the president and Senate Democrats will not by passing legislation to stop the tax hike on American families and small businesses. To solve the impending tax crisis, House Republicans voted to approve the Job Protection and Recession Prevention Act, which would block the president’s looming tax hike because no one should have to pay higher taxes during the greatest unemployment crisis since the Great Depression. In addition, House Republicans passed the first-ever legislative vehicle to expedite comprehensive tax reform that will make the code fairer, flatter and simpler while empowering our nation’s businesses to compete with their global rivals.