Yes this country and its people are better off than they were four years ago but the job is not done. It took us many years to get into this current economic mess, so it will take President Obama more than four years to get us out of the current economic situation we are in.
When President Obama came into office there was talk of our country going into another economic depression like the one in the 1930s. Thankfully through passage of the stimulus package an economic crisis was averted and now we have been steadily improving the economy and have had consistent job growth for over 26 consecutive months rather than losing over three million jobs as we had done during eight years of the Bush administration. More needs to be done and more jobs need to be created, but economic recoveries do not happen overnight, especially when you have most of Western Europe and Greece facing major financial and economic challenges. (Read More: )
What has President Obama done over the past four years in office? He has saved the American auto industry which is the backbone of the American economy. He bailed out Wall Street and stabilized the housing market despite the double dip in home values which are higher now than they were before he became president. We can do more and more needs to be done but let’s not forget the bold steps that the President took to keep our economy from collapsing. (Read More: Michelle Obama: He'll Fix the Economy but Change Takes Time)
When President Obama came into the office, the other side did not want to work to solve our nation’s problems. Republicans led by Senator Mitch McConnell stated that their number one priority was defeating President on the first day he took office. So before Republicans question what the President has done over the past four years, let them look at themselves in the mirror and ask themselves what have they done because if you want to compare what the President has done for this country over the past four years rather than what the Republicans in Washington DC have done over the past 4 years, the comparisons are not even close. There’s a reason why Congress has a 10% approval rating from the public.
Despite the last administration getting us into two wars in Iraq and Afghanistan and not paying for these wars that we were involved in, President Obama has restored America’s standing in the world and helped capture and kill Osama Bin Laden. (Read More: Morici: Romney Offers Ronald Reagan's ‘Morning in America’ Again)
So the question is are we better off than four years ago? The answer is how could we not give President Obama four more years to turn around the absolute mess that President George Bush and the Republicans left at 1600 Pennsylvania Avenue! We don’t need four more years, we need two decades!
Morris Reid is the managing director of BGR Group, a leading Washington, D.C.-based government affairs, public relations and investment group. He was a senior staff aide to former Vice President Al Gore, former Commerce Secretary Ron Brown and former Housing and Urban Development Secretary Andrew Cuomo.