I recognize that by this point, if you haven’t yet made up your mind,
you’ve got to be a mindless idiot or just completely unaware. In
either case, you probably wouldn’t be reading this blog to begin with.
But after reading this list, I can’t imagine how anyone on the fence
could consider voting for Barack Obama today.
- Barack Obama has been increasing the national debt during his presidency by an average of $4.24 billion per day putting him on a pace to increase the national debt by well over $6 trillion by the end of his term on Jan. 20, 2013, according to the debt figures published by the U.S. Treasury. That $6+ trillion is more debt than was accumulated by all U.S. presidents from George Washington through Bill Clinton combined.
- Economist Edward Lazear has cut through all of Barack Obama's claims about "creating jobs" with one plain and inescapable fact -- "there hasn't been one day during the entire Obama presidency when as many Americans were working as on the day President Bush left office." Whatever number of jobs were created during the Obama administration, more have been lost.
- In October 2012, there were 12.3 million officially unemployed workers. That’s 209,000 more than when President Obama took office in January 2009 – when the Administration said “we were in economic free-fall.”
- If the unemployment rate included the “invisible unemployed” (discouraged workers who have dropped out or never joined the workforce), the October 2012 unemployment rate would be 10.9%
- During the Obama Administration workforce dropouts have outnumbered new employees by almost 7 to 1.
- For every person added to the jobs rolls since January 2009, 75 people have been added to the food stamp rolls. Think about that. Every person with anew job had his or her own 75 food stamp parasites to support. This can only be done with borrowed money.
- In October 2012, there were 5.0 million long-term unemployed (that is, for over six months) – 2.3 million more than when President Obama took office in January 2009.
- Since January 2009, the number of full-time employees has fallen by 371,000 while part-time employment has grown by over 1.5 million. This means part-time workers account for all of the net employment growth in the Obama years
- October’s 7.9% unemployment rate remains far above the 5.4% rate the Administration predicted for this month in their January 2009 report on the projected effects of stimulus. Democrats actually predicted unemployment would peak at the current 7.9% rate in July 2009 – over three years ago.
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