There are a few problems with using the car as symbol for the economy, and the President doesn't get to decide who gets the keys to drive the economy (The American voters decide). First off they aren't his keys, and it's not his decision who gets to drive as I recall it's the private sector who drives the economy.
President Obama "The Republicans had the keys for the last 8 years, they drove the economy into the ditch". In January of 2007 the Democrats won the majority in the Senate and the House, which means they have been in power for the last 4 years this upcoming January, 3 months from now. 4 is half of 8, Political Math Is HARD;)
Almost 2 years ago, we decided to try and run the economy on the Hope & Change blend, what kind of mileage have we been getting?
If the economy was a car is there a way to figure your gas mileage?
To find your auto's gas mileage. Fill your gas tank to the top and write down your mileage (save it). Drive you car until you have about 1/4 of a tank of gas left. At the pump write down your mileage and fill your tank up to the top again.Subtract your start mileage from your finish mileage. Take the number of miles you drove and divide it by how many gallons of gas it took to refill your tank to the top. This will tell you how many miles you get to a gallon of gas. Example HERE at WikiAnswers.
After the financial meltdown of September 15, 2008, we decided we would try the Hope & Change blend. I am not sure how we would compute our economies mileage. We have to go back to what the national deficit was back in January 2009, when President Obama was sworn in, and than subtract what the national deficit is today. Factoring in that we were on some kind of hybrid blend starting in January of 2007, when Nancy Pelosi was sworn in as Speaker of the House. The House is where all spending Bills start. The President was a Senator back in 2007, in the United States Senate.
President Barack Obama was sworn into office in January of 2009, since he has been in office, our Progressive led legislature has passed countless spending Bills, and they want to pass more. The American Recovery and Reinvestment Act of 2009, aka Stimulus Bill this was going to keep U.S. unemployment under 8% at the cost of 862 Billion American tax payer dollars. Cash for Clunkers program, at a cost of 3 Billion American tax payer dollars. TARP II, Timothy Geithner outlined details of Tarp II today, a plan to spend the remaining $350 billion in TARP funds to jumpstart programs that could end up costing taxpayers as much as $2 trillion. There was the mortgage aid program to try and stem foreclosures. Friday's report from the Treasury Department suggests the $75 billion government effort is failing to slow the tide of foreclosures in the United States, economists say February 2010. Foreclosures Rise for 9th Straight month September 16, 2010 Fox Business News Video HERE.
As of today the National Unemployment rate stands at 9.6, and we have been told the outlook is sluggish for the foreseeable future with Unemployment staying steady at about 10%. Tim Geithner warns unemployment rate will rise. Christina Romer resigns as chief economic adviser, and returns to teaching...well they say those who can do, and those who can't teach. Austan Goolsbee, replaces her as the new chairman of the White House Council of Economic Advisers. Austan Goolsbee states "Unemployment will stay high"
The President is now calling for 50 Billion more tax payer dollars for job creation read more HERE.
If the economy really were a car, and the people we now have serving in public office were mechanics, we would have fired them all by now, and reported them to the Better Business Bureau. We surely would have changed the fuel blend we are currently trying to run the economy - (Hope & Change) turns out unicorns, and rainbows, won't power - super power's economies. If your mechanic presents you with a HUGE BILL, and turns around and tells you, your car is still going to sputter, and stall out, at about 10% unemployment, you fire your Mechanic. This isn't news, many, many people have been calling for the President to fire his economic team starting with Turbo Tim Geithner. Even if you factor in checking your tire pressure we are not getting good mileage. The President won't even let folks in the gulf fuel up - the moratorium on drilling in the gulf has cost a fragile economy even more jobs. The good news, we can HIRE new government mechanics this November 2, 2010.
The United States GDP is anemic at 1.6, in comparison to India 8.8 and Germany 2.2%
I appreciate that the President is trying to relate, but when I listen to Joe Biden spinning the summer of recovery as so many jobs saved or created. The only message I receive is we need a new pit crew. India and Germany are out performing the United States, and the President and Joe Biden, can point out the
Sometimes, I feel the fear of uncertainty stinging clear
And I can't help but ask myself how much I let the fear
Take the wheel and steer
It's driven me before
And it seems to have a vague, haunting mass appeal
But lately I'm beginning to find that I
Should be the one behind the wheel
Whatever tomorrow brings, I'll be there
With open arms and open eyes yeah