PALM BEACH, Fla. – Even as President Obama was holding a news conference today on economic matters, top-rated radio host Rush Limbaugh declared the U.S. simply cannot recover financially as long as Obama remains in power.
"As long as Obama's in the Oval Office or on the golf course or in some diner eating greasy hamburgers or in charge of the executive branch, as long as his party controls any part of Congress, this nation cannot recover," Limbaugh said on his program. "We do not have a chance. This country does not have a chance with Barack Obama remaining in the Oval Office."
Limbaugh said the way to increase jobs and growth, opportunity and wealth is through capitalism, not what he claimed the president has been promoting since his inauguration.
"We've just been through 29 months of socialism," Limbaugh said. "It's miserable. It's depressing. It's stifling. It destroys the national mood. We need to contain the government."
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He continued: "We Americans are not perfect, but one thing we did that we will pay for for decades to come, and our children and grandchildren will pay for, is the election of a man to the presidency who is historic in the sense of his ignorance, his stubbornness, his incompetence and his contempt for the American system. That's what's historic about Barack Obama, not the color of his skin. We blew it big-time in 2008, and we are going to pay for it for decades. At some point we have to start fixing this."
Limbaugh said Obama has no intention of running for re-election on his record of performance thus far.
"His record is so God-awful, there is no way anyone who's rational could conclude otherwise," he explained.
"To agree with Obama and the ruling class, you have to ignore the trustees who oversee our entitlement programs. You have to ignore the Congressional Budget Office. You have to ignore major credit-rating bureaus. You have to ignore the unemployment, foreclosure and bankruptcy figures. If you want to agree with Obama, you have to ignore everything else you're hearing. You have to assume everybody else is lying and that only Obama is telling the truth. You have to ignore all the measurements and trends rational people look at to determine policies. You have to ignore all of that to agree with Obama."
The host said Americans can expect to see the administration and major media highlighting stories of future financial threats to citizens if Obama's suggestions were not followed.
"They're gonna come forward with a list of horribles, and they're gonna put faces to these lists of horribles. It's gonna start this afternoon," he said. "Eventually, the Republicans probably will cave. I hope not."
In fact, at the president's news conference, Obama asked if Republicans in Congress were willing to deprive college students of scholarships or jeopardize food-safety inspections to keep tax breaks for oil companies and owners of private jets.
Obama said, "If everybody else is willing to take on their sacred cows and do tough things to achieve the goal of real deficit reduction, then I think it would be hard for the Republicans to stand there and say the tax break for corporate jets is sufficiently important that we're not willing to come to the table and get a deal done."
Limbaugh wasn't completely doom and gloom regarding America's future, as he proffered his own solution.
"There is no problem we can't solve in this country if we remove Obama from office [in] the next election and remove his party. There's nothing we can't do. We can fix this. We can solve every problem once we get rid of Obama, get him out of office and get rid of the Democrat Party from positions of power and replace them all – not with Republicans, [but] conservative Republicans. Is there any doubt in your mind whatsoever that a conservative president would know what to do and that a conservative Congress could get it done? Is there any doubt that he would cut spending across the board, cut the job-killing and growth-killing regulations and unleash the private sector including our energy companies? There's no doubt conservative Republicans could do all of this and erase this mess, at least get started erasing it overnight."