Obama is not a good president

Now, lets look at the first many things for this argument, the economy. The current economic debt is the highest it has been since every presidency after the great depression. Now, my opponent might defend this by saying the Obama does not have complete control over the economic. This may be true, but he has had 5 years now to do something about and he has not. The first two years of his presidency the congress was democratically ruled. This means he had the first two years where he could have gotten a law passes since the majority of congress was ruled by his own party, yet he did not try to fix it. Obama during his terms have added about 3 billion dollars of debt. Secondly lets go to Obama's choices. When it as time to choice a new chairman for the Federal reserve, he chose Ben Bernanke. Ben Bernanke has had a track record for making failures. Some of his failures are 1. Failed to negotiate with AIG counterparties; instead choosing to pay all claims at 100 cents on the dollar without asking for any compensation (preferred shares) in return. 2. Failed to protect taxpayer's interests in deals with AIG, JPM, and Bear Stearns, (with Maiden Lane I, II and III) and the still un-detailed asset guarantees given to Citigroup and Bank of America. 3. Failed the American people with his decision to support and reward the failed banks and the bankers for their malfeasance, excessive risk-taking and criminality. For more go to Source #2, Now even after the failures of Bernanke Obama still gave full support of him without even a single doubt. This shows poor judgement on Obama's part for nominating him in the first place, after Bernanke's failures. Next, another poor judgement. Obama decided it would be a great idea for the U. S. monetary policy to be controlled by a secret panel of "experts" not connected to the American people in any way, shape, or form. This is completely the opposite of what a Democracy is and is more like an Oligarchy where a few people rule. How is it fair that the American people would not have a say in what happens with the U. S. monetary policy. These few "experts" then would control a big part of the American life without the majority of Americans being involved. Now, the unemployment. With the Clinton administration the average unemployment rate was about 5.2%, with the bush 5.3%. Now these may not be great compared to past years, but it shows that the presidents have been able to keep the rate close to the past. Now, within one moth of Obama taking office the unemployment rate rose to 8%. This is completely the opposite of what a president should do, it should have dropped. Now, if it rose by .1%-.5%, fine he would be doing an alright job, but just under 3% of a rise. How is this a good job? Next, lets look at the oil problem. Oil has not been the most important topi since the prices have been stable, except for the terms Obama has been in office. With the Clinton administrate there was about a 58% increase in drilling permits, and in the Bush presidency about a 116% increase. With the Obama presidency there was a 38% decrease in drilling permits. Then, Obama started importing oil from the Middle East, making it more expensive for Americans to get a hold of, which is significantly increasing the price. Here is proof in the major increase. The average cost for 1 gallon of gas was $1.85 when Obama took office, then it increased to $3.71 a gallon. Now, here are some quick facts that I personally think can defend themselves. 1. More then 50% of Americans are now financially dependent on the government. 2. Since 1.3 million people have lost there jobs, about 3.6 million people have been added to social security disability 3. While Obama has been in office house values have dropped 12% 4. When Obama took office 31.9 million people were on food stamps, now 46.4 million people are on food stamps. That's an increase of about 14.5 million people. Once again thank you to all the readers and to my opponent, And good luck calculatedr1sk. Sources 1. . http://www.mrconservative.com... 2. . http://dailybail.com...