Barack Obama is overall, a worst President than George W. Bush

Fundamental Failure President Obama is not a classic socialist, but neither does he believe in free market capitalism. Socialists want to directly take over the means of production, and Obama does not want to do that. The new style of Leftist ideology is to build giant a giant bureaucratic apparatus that controls even detail of business through massive regulation. The Obama Administration issues ten new regulations a day and has 4000 regulations in the pipeline. The EPA passed regulations that will cost $7 trillion and, it's claimed, prevent 0.00375 degree of global warming. http://wattsupwiththat.com... That avoids Congress passing $7 trillion in taxes for such nonsense, which in fact could not be done. The tax code has 72,000 pages of incentives through which activities favored by government are given financial rewards. Economic History My opponent claims that the President writes the budget and congress approves it, and moreover that Republicans characteristically want to spend more than Democrats. That is certainly not the history of the 1990s during the Clinton Administration. President Clinton did write the budget proposals, and in 1993 his budget raising taxes passed without a single Republican vote. However, the Republican takeover of congress in 1994 brought major budget battles in which the Republicans wanted to cut and Democrats under Clinton wanted to spend. CNN has a rundown of the budget battles showing clearly that Republicans produced budgets with cuts. http://www.cnn.com... Clinton worked with Gingrich to achieve budget agreements. “Kasich says “there’s just no substitute for leadership from the president of the United States,” citing his experience working with President Clinton in the 1990s as chairman of the House Budget Committee.” http://www.speaker.gov... President Obama submitted budget proposals for 2010 and 2011, but neither passed Congress, not even when the Democrats controlled Congress. Obama would not negotiate budget deals. Clinton and Bush consistently reached deals, including all the years when the opposition controlled Congress. Obama's 2012 budget proposal has been submitted, “Republicans said that the package of proposals doesn't do enough to bring down spending and the federal deficit, which is projected to hit a record $1.65 trillion in 2011.” http://online.wsj.com... There is little chance a budget will be passed. Obama's failure of budget leadership is unprecedented. The economic crisis at the end of the Bush Administration was set up by Freddie and Fannie, run throughout the Bush years by Democrats and who provided a deep market for bad loans. http://www.nypost.com... Karl Rove noted, “we moved aggressively in 2004 to regulate Fannie and Freddie, actually got a bill through the Senate Banking and Finance Committee only to have it filibustered by [Sen.] Chris Dodd.” http://www.cnsnews.com... I don't see much relevance in my opponent's comments on the IRS. Capital gains are a result of corporations making profits upon which they pay taxes. Raising income taxes on the rich doesn't produce much revenue, because they retreat to using the 72,000 pages of government-approved loopholes. Ultimately, investment money is just moved out of the US. Canada, with 16% corporate tax rate, is currently attractive. Obama's claimed achievements 1. Until recently Obama troop withdrawals were in keeping with what Bush planned. Recently, a major diplomatic failure has resulted in withdrawing the last 40,000 troops from Iraq. This may hand Iraq to the Iranians. 2. Bush put Patraeus in charge of Iraq, a brilliant appointment. Obama put him in charge of Afghanistan. That's consistent. 3. Bush made a major breakthrough both in appointing the first gay ambassador and in openly recruiting and hiring gay Americans for posts in the Administration. Clinton didn't do that. Obama has continued in that vein. Now, it's all about the economy. 4. Obama was cheered for his promises, but it hasn't worked out. “Great powers wield influence in the world as a result of being admired, respected or feared. The U.S. is now suffering from an unprecedented loss of influence in this important region because all three indicators are at an all-time low.” http://www.bloomberg.com... 5. Congressional investigations verified that only three terrorists were waterboarded. http://www.reuters.com.... Under Bush, more than a thousand terrorists were captured, imprisoned, and questioned. All except three talked without waterboarding. Obama deserves credit for killing bin Laden, but the overall policy is to kill rather than capture. That's a bad policy. 6. TARP remained a bipartisan program, good or bad. It is not true that Halliburton was awarded “no bid” contracts. They had to be sole-sourced to conceal war plans. However, Halliburton underestimated insurance costs and lost money. http://money.cnn.com... They sold off the government support division as low profit. 7. Democrats, including President Clinton believed Iraq had WMDs, as did the intelligence agencies of the U.K., France, Germany, and Russia. Saddam had deliberately planted misinformation to scare Iran, believing the U.S. Would do nothing. Saddam was planning to resume WMD development as soon as the heat was off. Obama claimed that his eagerness to negotiate would be greeted enthusiastically by Iran and North Korea, with resulting resolution of their nuclear weapons threats. That policy has been a total failure. 8. My opponent claims that Bush denied global warming. That's wrong, although it's fair to say was lukewarm about the issue. http://uk.reuters.com... Bush didn't do anything like the $7 trillion for 0.00375 degree regulation forced by Obama. The hole in the ozone layer is unrelated to global warming. Polar bear populations have declines about 10% from the very cold 1970s, and are currently not threatened. http://www.arctic.noaa.gov... 9. - 15. My arguments stand unanswered. The Messiah My opponent cited “messiah theory” to explain why Obama's most radical ideas have rejected. He says that doesn't mean he thinks Obama is a Messiah, only that the theory explains why he has not been able to make revolutionary changes. But he also claims that if all Obama's changes were accepted, the world would be fine. That's a fine semantic difference between being a Messiah and being as good as a Messiah. Either way, the notion fails. If it tastes bad, don't swallow the whole thing. My opponent says "Democracy is a form of government. Capitalism is a type of economy." Capitalism is not entirely a type of economy, it is also a set of laws of economic. For example, it is a law of nature that money has time value. Pretending that investment should not e rewarded does not change the fundamental fact. Overall, the evidence very strong that the greatest market freedom produces the most prosperity. India had famines under democratic socialism, just as China had famines under communism. In both economies, increasing market freedom brought great increases in prosperity. Government control by extreme regulation has lost the hope for future prosperity. We've been on that road for some time, but now it's a crisis because fiscal insolvency is less than a decade away. Bush had to face the problem of terrorism as the dominant issue, and Bush met the challenge. Obama is facing economic collapse due to government regulation and deficit spending. Obama has failed.