Commentary: This Is Obama’s Third Term

On October 30, 2008, five days before Barack Obama won that year’s presidential election, he promised to “fundamentally transform the United States of America.” He nearly lived up to that promise. 

Obama doubled the federal debt. He oversaw the worst economic growth of any president since Herbert Hoover. Under Obama, Americans experienced a stagnant median household income, a decline in homeownership, an increase in health insurance rates, and an increase in the number of Americans on food stamps, to mention just a few lowlights.

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