The mantra of the Democratic party is "Tax and Spend" and the President is the cheerleader of this party. They are not at all interested in reducing spending and the deficit will continue to climb as it has his first four years in office. So the answer to your question is "no".
Has anything else he suggested worked?
His ideas would work wonderfully, IF they were executed properly.
@bigred - what is destroying this country is a determination to focus on individual agendas and refusal to work together for the greater good of the American people as a whole. There are politicians of ALL parties that are guilty of that behavior.
http://www.youtube.com/watch?v=9fLtA-VDx4A
Pause at 0:58 .... Produced by a special interest group, not Obama's campaign.
He's been POTUS for 5 years. His "track record" suggests not
I wasn't aware he has one single specific plan. What is it?
No how will taxing preople reduce trillions of debt when they are spending millions a day?
Wars= debt
Bush+ debt -income= huge debt
Now let me add, for the uninformed... CONGRESS sets the budget. They agreed to bush's plan, it went through. They disagree with Obama, nothing happens so congress needs to get off their duff and do their job
As opposed to the Republicans, I have not seen a Democratic plan to reduce the deficit that could pass the house. Additionally, I've really not seen a plan to reduce the deficit that could work. To reduce the deficit, requires reducing spending, and the extent of reduction is approximately 30%. No Democrat plan has come even close to that.
We will never know because we won't give his ideas a chance. Again, didn't vote for him, but he won the election. It's time we give his ideas a chance...
To be honest, i don't think he has an actual plan for reducing the deficet. It appears to me that his so called plan is more like a scripted set of ramblings to assure the people that everything is fine, all the while the real plan is being put into action. The real plan is suggested by his trickle down economics and other policies on almost everything else, and it indicates that he is deliberately inflating the deficit to facilitate an economic collapse. Which will by proxy result in a government takeover of the markets, creating a facist economic system which will eventually degenerate into a socialistic economic system, run by a communistic totalitarian government.
He doesn't have a plan to reduce the deficit. His only goal is to raise taxes in order to fuel the runaway federal spending.
Does he have a plan? If so why has our federal spending skyrocketed?