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Newsweek Cover; "Hit the Road, Barack"

Posted by on Aug. 20, 2012 at 7:20 AM
  • 77 Replies
2 moms liked this

Newsweek

 

After some of the recent Obama-loving/Romney-bashing Newsweek covers, the one hitting newsstands Monday is guaranteed to turn some heads.

Under the picture of our dear leader are the words, "Hit the Road, Barack: Why We Need a New Leader."

The article is written by Niall Ferguson, a British historian and economist that backed John McCain in 2008.

After an introduction, Ferguson made his case:

In his inaugural address, Obama promised “not only to create new jobs, but to lay a new foundation for growth.” He promised to “build the roads and bridges, the electric grids, and digital lines that feed our commerce and bind us together.” He promised to “restore science to its rightful place and wield technology’s wonders to raise health care’s quality and lower its cost.” And he promised to “transform our schools and colleges and universities to meet the demands of a new age.” Unfortunately the president’s scorecard on every single one of those bold pledges is pitiful.

He continued:

[T]he total number of private-sector jobs is still 4.3 million below the January 2008 peak. Meanwhile, since 2008, a staggering 3.6 million Americans have been added to Social Security’s disability insurance program. This is one of many ways unemployment is being concealed.

In his fiscal year 2010 budget—the first he presented—the president envisaged growth of 3.2 percent in 2010, 4.0 percent in 2011, 4.6 percent in 2012. The actual numbers were 2.4 percent in 2010 and 1.8 percent in 2011; few forecasters now expect it to be much above 2.3 percent this year.

Unemployment was supposed to be 6 percent by now. It has averaged 8.2 percent this year so far. Meanwhile real median annual household income has dropped more than 5 percent since June 2009. Nearly 110 million individuals received a welfare benefit in 2011, mostly Medicaid or food stamps.

Welcome to Obama’s America: nearly half the population is not represented on a taxable return—almost exactly the same proportion that lives in a household where at least one member receives some type of government benefit. We are becoming the 50–50 nation—half of us paying the taxes, the other half receiving the benefits.

And all this despite a far bigger hike in the federal debt than we were promised. According to the 2010 budget, the debt in public hands was supposed to fall in relation to GDP from 67 percent in 2010 to less than 66 percent this year. If only. By the end of this year, according to the Congressional Budget Office (CBO), it will reach 70 percent of GDP. These figures significantly understate the debt problem, however. The ratio that matters is debt to revenue. That number has leapt upward from 165 percent in 2008 to 262 percent this year, according to figures from the International Monetary Fund. Among developed economies, only Ireland and Spain have seen a bigger deterioration.



Read more: http://newsbusters.org/blogs/noel-sheppard/2012/08/19/shocking-newsweek-cover-hit-road-barack-why-we-need-new-president#ixzz245HX0aPR
 
Pretty unexpected, coming from Newsweek.  What do you think of a liberal-leaning magazine posting such a cover story? 

The most pressing social issue today is the economy

Visit Mitt Romney for President, CafeMom Group

by on Aug. 20, 2012 at 7:20 AM
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Replies (1-10):
TheStepMonster
by on Aug. 20, 2012 at 7:28 AM
6 moms liked this
I say wow...someone out there is finally getting it!
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candlegal
by Judy on Aug. 20, 2012 at 7:30 AM
5 moms liked this

I was just reading this on Drudge.   I know that many of the lefties have finally smartened up.  I must admit this leftist magazine surprised me with this.    The Boston Globe looks like it is waking up also.

motherslove82
by Silver Member on Aug. 20, 2012 at 7:33 AM
5 moms liked this
I'm glad that someone in the MSM was willing to say it. I'm waiting for the "it's not my/his fault" whining from Obama and his followers.
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candlegal
by Judy on Aug. 20, 2012 at 7:36 AM
5 moms liked this

Waiting for it, that is all he has been saying for 3 1/2 years.  I wonder if her will still be blaming Bush in November when he gets voted out?  Naw, he will say the country is racist.

Quoting motherslove82:

I'm glad that someone in the MSM was willing to say it. I'm waiting for the "it's not my/his fault" whining from Obama and his followers.


candlegal
by Judy on Aug. 20, 2012 at 7:48 AM

BUMP!

momof31995
by Silver Member on Aug. 20, 2012 at 8:17 AM
2 moms liked this
Wow. Awakening? Seems more people are waking up.
JoshRachelsMAMA
by JRM on Aug. 20, 2012 at 8:23 AM
2 moms liked this
Wakey wakey
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Carpy
by Ruby Member on Aug. 20, 2012 at 8:26 AM
4 moms liked this

I am shocked that they would print such a story.  I also think more democrats that the polls show are going to either vote Romney or not vote at all.

LauraKW
by "Dude!" on Aug. 20, 2012 at 8:35 AM
5 moms liked this
Good example of why we vote - everyone has their opinions.
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yourspecialkid
by Platinum Member on Aug. 20, 2012 at 8:48 AM
4 moms liked this

 Okay, I had to go look because I didn't believe it.  I stopped getting Newsweek some time ago because it leans so far left...used to be a good magazine.  I think you either have to be an idiot or so snowed by the man you can't see daylight to not see he has not only failed...but failed miserably.

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