The last barrel ///

The Obama administration is an abject failure. Consider the record: After excoriating former President George W. Bush in the 2008 election campaign for letting the country slide into recession, and spending too much on wars, Mr. Obama has failed to significantly heal the economy. During the 2008 campaign, as the unemployment rate rose to 6.5%, Mr. Obama promised that if his policies were adopted, the rate would not rise above 8.0%. But it actually peaked at 10.0% in October 2009, and, five long years later, the unemployment rate is still 7.3%, significantly higher than at any time under Bush, save for the final two months.

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