
By The Numbers:
· 3.6: Percent Decrease In Home Prices Over The Last Year (MarketWatch, 5/31/11)
· 9.1%: Unemployment Rate. (Bureau of Labor Statistics, 6/16/11)
· 28: Record Number Straight Months With Unemployment Rate Above 8 Percent. (Bureau of Labor Statistics, Accessed 6/1/11)
· 39.7: Average Weeks That It Takes To Find A Job. (Bureau of Labor Statistics, 6/16/11)
· $46,000: Your Share Of The National Debt. (U.S. Treasury Department Accessed 6/1/11; U.S. Census Bureau, Accessed 6/1/11)
· 2020: Year That Medicare’s Trust Fund Will Be Exhausted. (CBO, March 18, 2011)
By the Millions:
· 2.5 Million Jobs Lost Since Obama Took Office. (Bureau of Labor Statistics, Accessed 6/16/11)
· 6.5 Million: Number Of Properties Receiving Foreclosure Filings Since Obama Took Office. (RealtyTrac, Accessed 6/1/11)
· 13.9 Million: Unemployed Americans. (Bureau of Labor Statistics, 6/16/11)
· 44.6 Million: Number Of Americans Receiving Food Stamps. (The Wall Street Journal, 5/31/11)
· $575 Billion: Amount Of Medicare Cuts In ObamaCare. (CMS Chief Actuary Richard S. Foster, Memo, 4/22/10)
By the Billions:
· $569.2 Billion: Amount Of Taxes In ObamaCare. (Letter to Speaker Nancy Pelosi, 3/18/10)
· $830 Billion: Price Tag Of Obama’s Failed Stimulus. (CBO, 5/25/11)
By the Trillions:
· $3.7 Trillion: Amount Added To The National Debt Since Obama Took Office. (U.S. Treasury Department, Accessed 6/1/11)
· $1.14 Trillion: American Debt Held By China. (U.S. Treasury Department, Accessed 6/1/11)
· $1.65 Trillion: Projected Federal Deficit For FY2011 – Will Be The Largest In U.S. History. (OMB, 2/14/11)
· $14.3 Trillion: Current National Debt. (U.S. Treasury Department, Accessed 06/1/11)
If you liked what you read, sign-up so that any new articles from TPC will be delivered straight to your in-box!
Barack Obama's first order of business is to blame the problems of the country on the prior administration.
ReplyDeleteAt some point (although that point will most likely never be reached), President Obama needs to "man up" and take the responsibility for our current reality as he now fully owns the state of the economy!
Thoughts?
Any way you slice it, it still comes down to the economy that Bush left for President Obama.
ReplyDeleteAbsolutely, Michael. A real leader takes the blame and shares the credit.
ReplyDeleteI don't think anyone (other than the libs) would use the word leader and Obama in the same sentence!
ReplyDeleteUnless of course the sentence was that "Obama is no leader!"
I could see if he implemented proven strategies to grow the economy and they did not work, but he has gone in the opposite direction. Not sure what it is going to take for him to see that if you hurt the job creators and keep the environment uncertain, you will not create PRIVATE jobs. I always liked the saying, "How many poor people have hired you in your lifetime?"
ReplyDeleteObama and his Ivory Tower buddies don't want private sector jobs created. They want the masses to be beholden on the public sector. It was this guys plan from day one!
ReplyDeleteThanks for the thoughts.
Any way you slice it, it still comes down to the economy that Bush left for President Obama.
ReplyDeleteObviously you are good at parroting Democon myths and devoid of facts that are available in numerous independently verifiable sources which document the public record as to the primary cause of the economic disaster. Start here and maybe, just maybe, you can see the need to reject the selective logic fed to you by the liberal media. "Burning Down The House"(use your pause button and let each verifiable fact sink in!) http://www.youtube.com/watch?v=1RZVw3no2A4
Then read "The 9/18 Attack", file:///D:/EBOOKS%20From%20Desktop/data/20110301094909/index.html
To quote some unknown sage, "Free your mind"!