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Varney: Obama’s Policies Have Failed

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  • Description

    FBN’s Stuart Varney sounds off on the president’s economic policies.

  • Duration 1:41
  • Date

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We have 9% unemployment a housing crisis out of control spending massive debt and an economy on the brink of recession.

And one is the president's plan.

Tax the rich and keep spending.

-- private enterprise feed the government.

Here's my take on idea yet that is not too strong a word because this president's economic policies have indeed fatal.

Perhaps the worst of it is that President Obama doesn't really have an economic policy He has a political line of attack and that's it's.

Does He really think that taxing -- -- will create jobs fix the housing crisis fire up consumer spending make banks lend money and create economic growth.

What does He hope that his tax the rich man truck.

Would attract voters next November.

Regardless of your ideology shortly.

America needs a new approach the spending and borrowing spree did not walk it gave us a stagnant economy weighed down with -- debt.

The right and the -- want jobs and they want growth.

But it seems that the left wants redistribution.

Above all else and the president has again revealed that He is a spread the wealth present.

-- -- -- Something extraordinary is going on via.

America appears to be ignoring the president He seems almost irrelevant to the great debate about our economic future.

He and his ideas have been downgraded.

In the public mind.

What a great opportunity to rediscover what made America so dynamic and prosperous its -- private enterprise -- -- individual liberty.

It's the way America out all of the -- Right com.

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