American Crossroads' Steven Law: Obama Flounders on Economy

Tuesday, 21 Jun 2011 04:13 PM

By Henry J. Reske and Kathleen Walter

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President Barack Obama is flirting with a double-dip recession because he is unable to move beyond the failed policies of more spending and more government, American Crossroads’ President Steven Law tells Newsmax.TV.

The country is suffering, with 14 million unemployed and 1 in 4 people living in houses underwater with their mortgages, Law said.

“We’re very concerned about [Obama’s] record,” Law said. “He has deliberately chosen a path of a lot of government spending. That was enshrined in the $830 billion stimulus package, which is now widely viewed as a having been a virtual failure at turning this country around."

Story continues below video.

“His whole approach has been to push more government, more spending, more programs," Law said. "And I think he is kind of out of bullets in the carbine, as they say. The economy is stumbling along. We’re not seeing the recovery we need. I don’t think he can get out of the ideological box that he’s in which is just to have more government, more spending, more regulation and all of that seems to be hurting rather than helping.”

If Obama's current policies continue, they may propel a double-dip recession, Law said

Law’s American Crossroads, formed in 2010 with the help of Bush guru Karl Rove and former Republican National Committee Chairman Ed Gillespie, supports “individual liberty, limited government, free enterprise and strong national security.” Before serving as its president, Law was general counsel of the U.S. Chamber of Commerce, deputy secretary of the U.S. Department of Labor, and executive director of the National Republican Senatorial Committee for both the 1998 and 2000 election cycles.

Law alleged during the interview that Obama has opted for sort of a Rome-burns approach to the economy, taking a political trip to Puerto Rico and a “vanity tour of the British Isles.”

“People are beginning to wonder, ‘Does he really care about me, is he concerned about this country and the impact on me?’ and I think voters are having reason to doubt that he really does,” he said.

On other issues, Law said:
  • The GOP will create jobs by reversing harmful policies such as Obamacare that create uncertainly in the private sector that depresses job creation, reverse policies that are driving up energy prices, and pursue some pro-growth policies such as lowering taxes and reducing the control the government has over the economy.
  • Rep. Paul Ryan’s plan to remake Medicare is important because it challenges the Washington culture and measures like his will have to be considered if Congress is serious about dealing with the debt.
  • American Crossroads will compete with Obama’s promise to raise more than a billion dollars for his re-election campaign. The group raised and spent $71 million last year and hopes to raise and spend $120 million for House, Senate and the White House races. “Our goal is the win the trifecta, to take back the White House, to win a Senate majority and to defend very importantly the House majority that is really our safety net and insurance policy for 2013 and beyond.”
  • The 2012 presidential election will be different from the one in 2008. “We had nominee who did his best but wasn’t a stellar performer as a presidential candidate. We are going to have a much better presidential candidate. President Obama looks a lot worse than he did when he was running in back in 2008. People have a sense of who he is, his weaknesses, his limitations, and his ideological convictions, and overall it’s going to be a better environment for Republicans. So I think we win. I think we win somewhat narrowly because the country is still fairly divided.”

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