Successes belie failures
Letter writer Pahl from Edinburg would have you believe that President Obama was the economic savior of the decade and his bailout of the auto industry and the shovel-ready jobs were proof of his economic prowess, which started 10 years ago, and according to Pahl continue today. He infers the Trump administration reaps those benefits as well.
Now for the facts: President Obama’s claim in 2015 that the bailout was a success, while it saved General Motors and Chrysler, the taxpayers were never made whole. Translation, we the taxpayers were left holding the bag to the tune of $9.5 billion, according to a New York Times article. The $800 billion for shovel-ready projects was a boondoggle that failed and resulted in waste and misappropriation, according to a GAO report, and reported as a failed initiative by Forbes, and the New York Post.
Mr. Pahl, what you have to understand is the successes you claim for Obama were in fact failures, like Obamacare. To quote President Obama in 2009, “If you like the plan you have, you can keep it. If you like the doctor you have, you can keep your doctor, too. The only change you’ll see are falling costs as our reforms take hold.” He later changed his tune in 2012. In an interview with Chuck Todd of NBC News on Nov. 7, Obama offered an apology to Americans who have been notified that they are, in fact, losing the health plans they were told they could keep.
More failures were to later manifest in Obamacare, most notably the price became unaffordable. Yes, Mr. Pahl, it started 10 years ago.
Jake Longoria, Mission