Is Debbie Wasserman Shultz just delusional, or does she genuinely believe that the Obama administration has turned this economy around?  Seriously!  She states, “We were able to, under President Obama’s leadership, turn this economy around.”

The Republicans have already managed to turn this statement around into an ad.  

http://www.youtube.com/watch?v=81LNYY25A9Y

Good for them, because this is THE issue of the 2012 election.  The Barack Obama experiment has failed.  There are 1.9 million fewer Americans working today than when Obama signed his stimulus plan in the infancy of his presidency.  Our national debt has increased 35%.  There are 44 million Americans on food stamps.  Our housing market is drowning and the administration’s policies have done nothing but hold its head under water.  Investors aren’t investing in start ups.  Gas prices are up 106%.  Our credit rating is on the verge of collapse.  Businesses aren’t hiring.  In fact, the National Federation of Independent Businesses released its most recent report showing that May 2011 showed the worst hiring prospects in eight months.  The New York Times reports .

When asked about the “single most important problem” facing their businesses, about one in four cited “poor sales,” according to the federation’s survey. Uncertainty over regulations is also mentioned frequently. About a third of businesses blame either “taxes” or “government requirements” for their current troubles, leading some economists to attribute the recent slide in overall business optimism to Washington’s protracted debates over tax policy, financial changes and health care.

Barack Obama’s big-government and anti-free market policies, loaded with taxes and regulation, do nothing to spur innovation or growth.  Listen to this astounding statistic cited by Home Depot Founder Bernie Marcus.  In a must-read column, True Job Creators Need a Voice, he says:

Regulations, on average, cost small firms $10,585 per employee each year: $4,120 to comply with economic regulations, $4,101 to comply with environmental regulations, $1,585 to comply with complex tax rules, and $781 to comply with OSHA and homeland security regulations.

Give me one reason, just one reason, why any small business would want to hire more workers at this time or any investor would want to invest in a new start-up …. I’m waiting!