Joined
·
1,396 Posts
Obama’s record from what he inherited from Bush and the DEMOCRAT HILL:
(What he began with and what he has done with it since then)
AAA credit rating
7.1 % official unemployment rate
$1.85 gas prices
10 trillion dollar debt
2 wars
26 week unemployment benefits
a budget
304,761,895 population
13,524,982 actual unemployed people
People on food stamps ----------------31.79 million
Debt per CITIZEN $33,600
Debt per TAXPAYER $94,360
Are You Better Off Today Than you Were Two 1/2 Years Ago?
Numbers Don't Lie.
.
---------------------------------------------------------Jan 2009-------Sept 2011
.
Price/gallon gas--------------------------------------$1.83 ------------$3.69
Crude oil (barrel)-------------------------------------$38.74-----------$115.34
Corn, No.2 yellow------------------------------------$3.56-------------$14.33
Soybeans----------------------------------------------$9.66-------------$13.58
Raw Sugar cane,lb----------------------------------$13.37-----------$35.39
.
Unemployment rate, non-farm--------------------7.6%--------------9.1%
Unemployment rate, blacks-----------------------12.6%------------16.7%
Number of unemployed----------------------------10,616,000------14,500,000
.
Number of fed. Employees------------------------2,779,000--------2,840,000
Real median household income-----------------$50,112-----------$49,777
Number of food stamp recipients ---------------31,983,716-------43,300,878
.
Unemployment benefit recipients----------------7,526,598--------9,393,838
Number of long-term unemployed---------------2,600,000--------6,900,000
.
Poverty rate, individuals----------------------------13.2%------------15.1%
People in poverty in U.S.---------------------------39,800,000------46,200,000
.
Economic Freedom World Ranking------------------5------------------9
Failed banks-------------------------------------------140-----------------170
Dollar vs Jap yen exchange rate-----------------89.76---------------76.15
National debt, in trillions---------------------------$10.627------------$15.052
.
Just take this last item: In the last 2.5 years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Over 27 times as fast! Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . it would be doing 1,755 MPH! This is a disaster! Pair this with the consistent erosion of the US Dollar...what do we have?
.
Sources:
(1) U.S. Energy Information Administration; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury
(What he began with and what he has done with it since then)
AAA credit rating
7.1 % official unemployment rate
$1.85 gas prices
10 trillion dollar debt
2 wars
26 week unemployment benefits
a budget
304,761,895 population
13,524,982 actual unemployed people
People on food stamps ----------------31.79 million
Debt per CITIZEN $33,600
Debt per TAXPAYER $94,360
Are You Better Off Today Than you Were Two 1/2 Years Ago?
Numbers Don't Lie.
.
---------------------------------------------------------Jan 2009-------Sept 2011
.
Price/gallon gas--------------------------------------$1.83 ------------$3.69
Crude oil (barrel)-------------------------------------$38.74-----------$115.34
Corn, No.2 yellow------------------------------------$3.56-------------$14.33
Soybeans----------------------------------------------$9.66-------------$13.58
Raw Sugar cane,lb----------------------------------$13.37-----------$35.39
.
Unemployment rate, non-farm--------------------7.6%--------------9.1%
Unemployment rate, blacks-----------------------12.6%------------16.7%
Number of unemployed----------------------------10,616,000------14,500,000
.
Number of fed. Employees------------------------2,779,000--------2,840,000
Real median household income-----------------$50,112-----------$49,777
Number of food stamp recipients ---------------31,983,716-------43,300,878
.
Unemployment benefit recipients----------------7,526,598--------9,393,838
Number of long-term unemployed---------------2,600,000--------6,900,000
.
Poverty rate, individuals----------------------------13.2%------------15.1%
People in poverty in U.S.---------------------------39,800,000------46,200,000
.
Economic Freedom World Ranking------------------5------------------9
Failed banks-------------------------------------------140-----------------170
Dollar vs Jap yen exchange rate-----------------89.76---------------76.15
National debt, in trillions---------------------------$10.627------------$15.052
.
Just take this last item: In the last 2.5 years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Over 27 times as fast! Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . it would be doing 1,755 MPH! This is a disaster! Pair this with the consistent erosion of the US Dollar...what do we have?
.
Sources:
(1) U.S. Energy Information Administration; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury