PHOENIX, June 27, 2011 - President Obama has a slim to nothing chance of being re-elected President in 2012. With a current approval rating of 44% and disapproval of 49%, according to Gallup, Obama is making it easier and easier every day for his Republican challenger to beat him.
Here are two simple reasons why he’ll be defeated in 2012.
Hope and Change?
Candidate Obama promised hope and change in 2008, but he didn’t deliver on that promise. Instead we got the complete opposite.
Let’s take a look back:
Change: Candidate Obama criticized the size of President Bush’s deficit and promised to stop deficit spending if elected.
Fact: President Obama has quadrupled the size of the deficit and recklessly continues spending in the trillions.
Hope: Candidate Obama promised that any family making less than $250,000 would not see a tax hike.
Fact: When ObamaCare was signed into law on March 23, 2010, a revision in the law stated that in 2014, Americans without health insurance would have to pay a fine that would be levied into their income taxes, no matter their annual income.
Change: Candidate Obama promised to close the Guantanamo Bay Detention Facility.
Fact: It’s still open.
Hope: Obama promised that his administration would be so transparent that C-Span would be there for key deliberations and meetings.
Fact: During the ObamaCare negotiations, not a single C-Span camera was present, and even the Senate majority whip admitted that he didn’t know what was being negotiated behind closed doors.
The list goes on, but the point is, we haven’t received any hope or change.
It’s The Economy Stupid:
Bill Clinton said it best in 1992: “It’s the economy stupid.”
The economy is how Obama is going to lose his re-elected bid in 2012.
Unemployment is currently 9.1%. Historically, presidents do not get re-elected with unemployment over 7.2%.
The only exceptions were Franklin Roosevelt in 1936 and Ronald Reagan in 1984. However, unemployment was falling quickly towards the end of his first term, and by the end of his second term it was 5.3%.
Currently, analysts predict unemployment will be from 7.7% to 8.4% on Election Day 2012.
Not looking good for Obama.
Adding to the grim employment forecast, American’s do not have confidence in Obama’s economic policy.
According to Gallup, only 37% of Americans approve of the way Obama is handling the economy; 60% disapprove.
Those are extremely high negatives, especially when two years ago, the approval was 55% and disapproval was 42%.
If Obama doesn’t have the confidence of the American electorate to fix the economy, he can kiss the White House goodbye.
Overall the Republican contenders must remember this: President Obama has a record now, not the case in 2008, and the Republicans must expose it to win.
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