Yesterday, in our article, “Obama’s Tax Plan Unicorn” we pointed out the extreme short term thinking of the Emperor and its negative effects on small businesses. We also promised a long term solution.
To understand the long term solutions we must look back a little.
While Obama’s excuse for the economic disaster has always been, and continues to be George W. Bush, it is clearly a false notion.
Congress switched hands in the midterm election of 2006 with liberals taking control in January of 2007. Obama ran on false promises of fixing the economy and from the time he took office until the midterm 2010 election, HIS party controlled both the House and the Senate but, rather than working on the economy, Obama took advantage of his party’s control of congress to ram through Obamacare.
The following chart shows employment statistics from 2004 to the present.