l****z
发帖数: 29846 | 1 By Michael Snyder, on August 20th, 2013
Obama Follow MeBarack Obama has been running around the country taking
credit for an "economic recovery", but the truth is that things have not
gotten better under Obama. Compared to when he first took office, a smaller
percentage of the working age population is employed, the quality of our
jobs has declined substantially and the middle class has been absolutely
shredded. If we are really in the middle of an "economic recovery", why is
the homeownership rate the lowest that it has been in 18 years? Why has the
number of Americans on food stamps increased by nearly 50 percent while
Obama has been in the White House? Why has the national debt gotten more
than 6 trillion dollars larger during the Obama era? Obama should not be "
taking credit" for anything when it comes to the economy. In fact, he
should be deeply apologizing to the American people.
And of course Obama is being delusional if he thinks that he is actually "
running the economy". The Federal Reserve has far more power over the U.S.
economy and the U.S. financial system than he does. But the mainstream
media loves to fixate on the presidency, so presidents always get far too
much credit or far too much blame for economic conditions.
But if you do want to focus on "the change" that has taken place since
Barack Obama entered the White House, there is no way in the world that you
can claim that things have actually gotten better during that time frame.
The cold, hard reality of the matter is that the U.S. economy has been
steadily declining for over a decade, and this decline has continued while
Obama has been living at 1600 Pennsylvania Avenue.
It is getting very tiring listening to Obama supporters try to claim that
Obama has improved the economy. That is a false claim that is not even
remotely close to reality. The following are 33 shocking facts which show
how badly the U.S. economy has tanked since Obama became president...
#1 When Barack Obama entered the White House, 60.6 percent of working age
Americans had a job. Today, only 58.7 percent of working age Americans have
a job.
#2 Since Obama has been president, seven out of every eight jobs that have
been "created" in the U.S. economy have been part-time jobs.
#3 The number of full-time workers in the United States is still nearly 6
million below the old record that was set back in 2007.
#4 It is hard to believe, but an astounding 53 percent of all American
workers now make less than $30,000 a year.
#5 40 percent of all workers in the United States actually make less than
what a full-time minimum wage worker made back in 1968.
#6 When the Obama era began, the average duration of unemployment in this
country was 19.8 weeks. Today, it is 36.6 weeks.
#7 During the first four years of Obama, the number of Americans "not in the
labor force" soared by an astounding 8,332,000. That far exceeds any
previous four year total.
#8 According to the U.S. Census Bureau, the middle class is taking home a
smaller share of the overall income pie than has ever been recorded before.
#9 When Obama was elected, the homeownership rate in the United States was
67.5 percent. Today, it is 65.0 percent. That is the lowest that it has
been in 18 years.
#10 When Obama entered the White House, the mortgage delinquency rate was 7.
85 percent. Today, it is 9.72 percent.
#11 In 2008, the U.S. trade deficit with China was 268 billion dollars.
Last year, it was 315 billion dollars.
#12 When Obama first became president, 12.5 million Americans had
manufacturing jobs. Today, only 11.9 million Americans have manufacturing
jobs.
#13 Median household income in America has fallen for four consecutive years
. Overall, it has declined by over $4000 during that time span.
#14 The poverty rate has shot up to 16.1 percent. That is actually higher
than when the War on Poverty began in 1965.
#15 During Obama's first term, the number of Americans on food stamps
increased by an average of about 11,000 per day.
#16 When Barack Obama entered the White House, there were about 32 million
Americans on food stamps. Today, there are more than 47 million Americans
on food stamps.
#17 At this point, more than a million public school students in the United
States are homeless. This is the first time that has ever happened in our
history. That number has risen by 57 percent since the 2006-2007 school
year.
#18 When Barack Obama took office, the average price of a gallon of regular
gasoline was $1.85. Today, it is $3.53.
#19 Electricity bills in the United States have risen faster than the
overall rate of inflation for five years in a row.
#20 Health insurance costs have risen by 29 percent since Barack Obama
became president, and Obamacare is going to make things far worse.
#21 The United States has fallen in the global economic competitiveness
rankings compiled by the World Economic Forum for four years in a row.
#22 According to economist Tim Kane, the following is how the number of
startup jobs per 1000 Americans breaks down by presidential administration...
Bush Sr.: 11.3
Clinton: 11.2
Bush Jr.: 10.8
Obama: 7.8
#23 In 2008, that total amount of student loan debt in this country was 440
billion dollars. At this point, it has shot up to about a trillion dollars.
#24 According to one recent survey, 76 percent of all Americans are living
paycheck to paycheck.
#25 During Obama's first term, the number of Americans collecting federal
disability insurance rose by more than 18 percent.
#26 The total amount of money that the federal government gives directly to
the American people has grown by 32 percent since Barack Obama became
president.
#27 According to the Survey of Income and Program Participation conducted by
the U.S. Census, well over 100 million Americans are enrolled in at least
one welfare program run by the federal government.
#28 As I wrote about the other day, American households are now receiving
more money directly from the federal government than they are paying to the
government in taxes.
#29 Under Barack Obama, the velocity of money (a very important indicator of
economic health) has plunged to a post-World War II low.
#30 At the end of 2008, the Federal Reserve held $475.9 billion worth of U.S
. Treasury bonds. Today, Fed holdings of U.S. Treasury bonds have
skyrocketed past the 2 trillion dollar mark.
#31 When Barack Obama was first elected, the U.S. debt to GDP ratio was
under 70 percent. Today, it is up to 101 percent.
#32 During Obama's first term, the federal government accumulated more new
debt than it did under the first 42 U.S presidents combined.
#33 When you break it down, the amount of new debt accumulated by the U.S.
government during Obama's first term comes to approximately $50,521 for
every single household in the United States. Are you able to pay your share
? | f******k
发帖数: 5329 | 2 不喜欢奥巴马，但是第18条也太搞了吧。美国真想回到$1.85的时候？ | M*P
发帖数: 6456 | 3 现在攻击o8没用了，应该攻击民主党。
★ 发自iPhone App: ChineseWeb 7.8
【在 l****z 的大作中提到】
: By Michael Snyder, on August 20th, 2013
: Obama Follow MeBarack Obama has been running around the country taking
: credit for an "economic recovery", but the truth is that things have not
: gotten better under Obama. Compared to when he first took office, a smaller
: percentage of the working age population is employed, the quality of our
: jobs has declined substantially and the middle class has been absolutely
: shredded. If we are really in the middle of an "economic recovery", why is
: the homeownership rate the lowest that it has been in 18 years? Why has the
: number of Americans on food stamps increased by nearly 50 percent while
: Obama has been in the White House? Why has the national debt gotten more
| r*********e
发帖数: 7733 | 4 民主党的阴谋，越多人穷，越多人吃福利，它就可以继续执政。
smaller
is
the
【在 l****z 的大作中提到】
: By Michael Snyder, on August 20th, 2013
: Obama Follow MeBarack Obama has been running around the country taking
: credit for an "economic recovery", but the truth is that things have not
: gotten better under Obama. Compared to when he first took office, a smaller
: percentage of the working age population is employed, the quality of our
: jobs has declined substantially and the middle class has been absolutely
: shredded. If we are really in the middle of an "economic recovery", why is
: the homeownership rate the lowest that it has been in 18 years? Why has the
: number of Americans on food stamps increased by nearly 50 percent while
: Obama has been in the White House? Why has the national debt gotten more
| s***e
发帖数: 1143 | 5 不知道其他的数据。1.85 dollar/Gallon 就是扯JB蛋。 小布什在台上的时候，价格一
度冲到4美元多，再少都是2.5美元以上了。
1.85 都是 10年前的价格了。 | b******g
发帖数: 477 | 6 看来你出国是2008之前了。2008年初（大约3月的时候）的油价就已经很疯狂了，加州
的油价是$5.19 a gallon for regular。
【在 s***e 的大作中提到】
: 不知道其他的数据。1.85 dollar/Gallon 就是扯JB蛋。 小布什在台上的时候，价格一
: 度冲到4美元多，再少都是2.5美元以上了。
: 1.85 都是 10年前的价格了。
| F*********u
发帖数: 12190 | 7 2008年夏天确实到过1块8
【在 s***e 的大作中提到】
: 不知道其他的数据。1.85 dollar/Gallon 就是扯JB蛋。 小布什在台上的时候，价格一
: 度冲到4美元多，再少都是2.5美元以上了。
: 1.85 都是 10年前的价格了。
| b****r
发帖数: 1395 | 8 这种没有出处的文章不足以信。而且文章针对一个人，里面
很多cherry picking，很多misleading的成分。应该
拿去让那些nonpartisan来fact check一下。
smaller
is
the
【在 l****z 的大作中提到】
: By Michael Snyder, on August 20th, 2013
: Obama Follow MeBarack Obama has been running around the country taking
: credit for an "economic recovery", but the truth is that things have not
: gotten better under Obama. Compared to when he first took office, a smaller
: percentage of the working age population is employed, the quality of our
: jobs has declined substantially and the middle class has been absolutely
: shredded. If we are really in the middle of an "economic recovery", why is
: the homeownership rate the lowest that it has been in 18 years? Why has the
: number of Americans on food stamps increased by nearly 50 percent while
: Obama has been in the White House? Why has the national debt gotten more
| j******3
发帖数: 24 | 9 I don't like O8, but some of the "facts" are not real. I think the
government is cutting spending: a good trend.
smaller
is
the
【在 l****z 的大作中提到】
: By Michael Snyder, on August 20th, 2013
: Obama Follow MeBarack Obama has been running around the country taking
: credit for an "economic recovery", but the truth is that things have not
: gotten better under Obama. Compared to when he first took office, a smaller
: percentage of the working age population is employed, the quality of our
: jobs has declined substantially and the middle class has been absolutely
: shredded. If we are really in the middle of an "economic recovery", why is
: the homeownership rate the lowest that it has been in 18 years? Why has the
: number of Americans on food stamps increased by nearly 50 percent while
: Obama has been in the White House? Why has the national debt gotten more
| e***y
发帖数: 1198 | | k**i
发帖数: 10191 | 11 Common sense is OB took the office when US was falling the cliff. You can't
blame him for most of the facts listed above. But ObamaCare is true. |
|
