“President ‘Long Way to Go’ Obama” – Investor Business Daily

Posted on :Mar 12, 2014

Investors Business Daily

March 12, 2014

Obamanomics: For five years now, President Obama has been  telling Americans that we “have a long way to go” before the country will see a  return to prosperity. Just how long does he expect us to wait?

Do a search of the White House website for “long way to go” and you come up  with hundreds of hits, most of them involving President Obama or someone in his  administration counseling patience on economic growth.

Now, it might have made sense in mid-2009 to say that recovery from a deep  recession will take time. After all, the recovery had just begun.

But to still be saying it in March 2014?

Obama has now spent more than 1,870 days pleading with the public for  forbearance on the economy, with no end in sight.

If you don’t believe this, here’s a small sampling (hat tip to the Minority Report blog ).

April 2009: “Although we have a long way to go  before we can put this recession behind us, the gears of our economic engine do  appear … to be slowly turning once again.”

Nov. 2009: “The reason we’re here today is  because we just are not where we need to be yet. We’ve got a long way to  go.”

May 2010: “Now, we’ve got a long way to go  before this recovery is felt in the lives of our neighbors and in all the  communities that have lost so much ground in this recession and in years  before.”

July 2010: “We’re not there yet. We’ve got a  long way to go. But what is absolutely clear is we’re moving in the right  direction.”

Jan. 2011: “We still have a long way to go, and  my number one priority is to ensure we are doing everything we can to get the  American people back to work.”

Aug. 2011: “We still have a long way to go and a  lot of work to do to give folks the economic security and opportunity they  deserve.”

April 2012: “Our economy has begun to turn a  corner, but we’ve still got a long way to go.”

June 2012: “What we’re also seeing is that we  have a long way to go.”

July 2013: “We’ve got a long way to go. The  long-term challenges facing the middle class are still very real.”

Oct. 2013: “So we still have a long way to go.  We’ve still got a lot of work to do, especially to rebuild the middle  class.”

March 2014: “We have made great progress, but we  must do more to rebuild our economy on a new foundation for growth and  prosperity.”

Enough already!

In his latest budget message, Obama now admits: “After 4 years of economic  growth … average wages have barely budged. Inequality has deepened. Upward  mobility remains stalled. … too many Americans are working more than ever just  to get by — let alone get ahead.”

Fortunately, we don’t have a very long way to go before the architect of all  this is safely out of office.

Gold Goliath is not your typical gold dealer.

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