President Obama says he needs four more years to finish the job he started.  That’s his way of admitting he’d rather Americans not look too closely at his  poor job performance so far. The Obama  campaign slogan “Forward” is apt because Barack doesn’t want voters to look  backward at the wreckage in his wake.

Exhibit A is the nearly trillion-dollar “stimulus” package of 2009 that  promised to lower unemployment rates to about 5.5 percent by now. Instead, it’s  8.1 percent, and it’s only that low because 368,000 stopped looking for work and  aren’t counted by bureaucrats. Democrats warned if the stimulus plan were  rejected, unemployment in the third quarter of 2012 would be way up at 6  percent. In retrospect, the country could have avoided adding a huge chunk to  the national debt and still had more people working today if that boondoggle  hadn’t been enacted.

Another Obama promise not kept is cutting the federal deficit in half. In his  convention speech Thursday, the president said, “You do the math.” OK, fine. In  his first budget proposal, Mr. Obama projected that if his policies were  enacted, the federal budget deficit for fiscal 2012 would be $581 billion.  Instead, it’s about double that as Mr. Obama racks up budget deficits of more  than a trillion dollars year in and year out. The deficit as a percentage of  gross domestic product was at 3.1 percent in 2008, but under Mr. Obama it has  averaged over 8 percent.

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