Harsh reality waiting for Democrats in form of mid-term elections

Harsh reality waiting for Democrats in form of mid-term electionsDemocrats face a harsh reality in mid-term elections. Politicians are known by their deeds and judged by the results.

It has been noted by many reports that no president since Franklin Roosevelt inherited a bigger mess than Barack Obama and Democrats in Congress have given him most of what he wants, the $787 billion stimulus package, including clean energy initiatives to create jobs; a free hand with Troubled Asset Relief Program money and healthcare and financial regulatory reforms.

The administration claims stimulus spending saved or created about 3 million jobs but the actual head count at www. recovery. gov is 682,370 through March 31. Including the multiplier effects of workers spending earnings in the private sector, the total impact is a bit more than 1 million jobs.

It has also been reported that many stimulus jobs were temporary but more jobs have been added since March, so the total impact remains about 1.1 million temporary jobs, costing taxpayers about $700,000 each, not a good bargain!

It has been promised by the president that healthcare reforms would lower costs and permit Americans to keep their doctors. Large U. S. companies now have taken huge write-offs for new obligations and smaller companies face escalating premiums. It has further been reported that many are preparing to push employees into cut-rate health plans, further limiting choices of doctors and hospitals. (With Inputs from Agencies)