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Obama Tells Audience His Economic Plan Worked

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  • Description

    FBN’s Lou Dobbs on the impact of the Administration’s economic plan.

  • Duration 3:11
  • Date

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This transcript is automatically generated

My entire plant.

-- Klemperer.

Economically don't.

Is more tax cuts for the welcome but here's the problem we we try -- Edit that work.

Just like we've tried their plan re trying to plant and -- worked.

And that's.

-- -- Hard to believe that visceral Bob would talent Oakland audience how well his plan is doing.

With that cities suffering and unemployment rate of nearly 14%.

More than five percentage points above the national average -- managed.

And violent crime and Oakland also up about 20% over last year.

Earlier this month seven people were murdered in this city and seven days the bloodiest -- in four years and open.

How's that for a plan that the president says is working.

How can he ignore his government's crushing deficits.

And are now mountainous national debt.

Nine months of pass in the current fiscal year and the federal government has already accumulated.

Are you ready.

One.

Trillion dollars again.

There where we're at nine whole months.

Nine.

Costs.

Through force on the way there that means 2012.

It is the fifth straight year.

That this country is out of more than a trillion dollars to our national debt.

Since President Obama took office our debt has surged to fifteen point eight trillion.

The national debt.

Is now fifteen.

Point eight.

Trillion.

Amazing that increase a five trillion.

Just under the Obama administration.

And waters are individual share of the national -- -- it's risen by about 161000.

Dollars under mr.

Obama alone.

And the Obama plan that he senses working 41 straight months of unemployment above 8%.

It would -- three million people.

23.

Million.

Americans.

Either unemployed.

Or underemployed.

-- of those who have simply.

Said.

And discourage work.

-- by the way 46 million people around food stamps.

46 million.

-- -- -- -- And the president.

He says his plan -- worked.

-- -- that we've tried the Romney plan and that didn't work.

But have we -- the Obama plan to.

Trillion dollar plus deficits each year.

Mr.

President I don't know how you can say your plan is worked when we still have those 23 million Americans -- not we're -- -- Simply given up.

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