Romney For President - Do-Over: President Obama Moves The Goalposts On The Economy

As President Obama asks for a do-over on his promise to turn the economy around, over 37,000 people are struggling to find work in New Hampshire, and they are tired of waiting.   Governor Romney heads to New Hampshire to kick off his “Every Town Counts” bus tour, where he’ll meet with America’s families and business owners in small towns in six states.

“Now when [President Obama] was recently elected he went on ‘The Today Show’ and he was asked about what he’d do, how he’d measure his success, and he said: ‘Look, if I can't turn the economy around in three years, I will be looking at a one-term proposition.’ And he’s right; he is looking at a one-term proposition. He's going to be saying today that he wants four more years. He may have forgotten he talked about a one-term proposition if he couldn’t get the economy turned around in three years, but we’re going to hold him to his word.” – Mitt Romney


Last Week, In A Moment Of Candor, President Obama Revealed He Thought “The Private Sector Is Doing Fine”:

President Barack Obama: “The Private Sector Is Doing Fine.” (President Barack Obama, Press Conference, Washington, DC, 6/8/12)

But Today, President Obama Admitted The “Economy Isn’t Where It Needs To Be” And Claimed He Had “A Lot More Work To Do”:

President Barack Obama: “Of Course The Economy Isn't Where It Needs To Be. Of Course We Have A Lot More Work To Do. Everybody Knows That.” (President Barack Obama, Remarks, Cleveland, OH, 6/14/12)

So By His Own Standards, President Obama Has Failed And Is Looking At A “One-Term Proposition”:

Candidate Obama, In October 2008: “The Real Question Is, ‘Will This Country Be Better Off Four Years From Now?’” OBAMA: "The question in this election is not 'are you better off than you were four years ago?' we know the answer to that. The real question is, 'will this country be better off four years from now?'" (Senator Barack Obama, Remarks, Sarasota, FL, 10/30/08)

President Obama, In February 2009: “If I Don’t Have This Done In Three Years, Then There’s Going To Be A One-Term Proposition.”  OBAMA: “That's exactly right. And — and, you know, a year from now I think people — are going to see that — we're starting to make some progress. But there's still going to be some pain out there. If I don't have this done in three years, then there's going to be a one-term proposition.” (NBC’s “The Today Show,” 2/2/09)

President Obama, On Taking Responsibility For The Economy In 2009: “That’s Fine. Give It To Me.” OBAMA: “Now, my administration has a job to do, as well, and that job is to get this economy back on its feet.  That's my job.  And it's a job I gladly accept.  I love these folks who helped get us in this mess and then suddenly say, well, this is Obama's economy.  That's fine.  Give it to me.  My job is to solve problems, not to stand on the sidelines and harp and gripe.” (President Barack Obama, Remarks, Warren, MI, 7/14/09)

The Associated Press: “With Four Simple Words — ‘Give It To Me!’ — President Barack Obama Took Possession Of The Economy.” (Jim Kuhnehenn, “Give It To Me! Obama Takes Charge Of Economy,” The Associated Press, 7/15/09)

Why Is President Obama Moving The Goalposts? Millions Of Middle-Class Americans Aren’t “Doing Fine” Under President Obama:

More Than Twenty-Three Million Americans Are Unemployed, Underemployed, Or Have Stopped Looking For Work. (Bureau Of Labor Statistics,, 6/4/12)

Since President Obama Took Office, Median Household Income Has Declined By $4,300. “Yet real median household income in March was down $4,300 since Obama took office in January 2009 and down $2,900 since the June 2009 start of the economic recovery, according to an analysis of census data by Sentier Research, an economic- consulting firm in Annapolis, Maryland.” (Mike Dorning, “Obama Fails To Stem Middle-Class Slide He Blamed On Bush,” Bloomberg, 4/30/12)

Median Family Net Worth Has Hit A Two-Decade Low. “The Great Recession shrank Americans' wealth so much that in 2010 median family net worth was no more than it had been in 1992 after adjusting for inflation, the Federal Reserve reported Monday. Median net worth declined from $126,400 in 2007 to $77,300 in 2010, a Fed survey of family finances found. The median marks the point where half had more and half had less.” (Martin Crutsinger, “Fed Report: Middle Class Net Worth Tumbles,” The Associated Press, 6/12/12)