Liberty Tree

As we close out the year let's take a look at a few facts about the Obama economy.

1. When Obam became President 60.6 percent of working age Americans had a job. Now only 58.7 percent have a job.
Under Obama seven out of eight jobs "created" are part-time.
3. The number of full-time workers is 6 million below what it was in 2007.
4. When Obama became President the average of unemployment was 19.8 weeks. It is now 36.6 weeks.
5. Under Obama the number of Americans no longer in the labor force has grown by over eight million.
6. According to the U.S. Census Bureau the middle class is taking home a smaller shre of the income pie than ever before.
7.Under Obama home ownership is at the lowest point in eighteen years.
8.When Obama entered the White House mortgage delinquency rate was 7.85 percent. It is now 9.72 percent.
9.Median household income has fallen four consecutive years. It has declined by $4000 during this time.
10. The poverty rate has grown to 16.1 percent. That is higher than when the War ON Poverty began in 1965.
11. During Obama's first term the number of people on food stamps increased by 11,000 per day. It has grown from 32 million to over 47 million.
12. The student loan debt has grown from 440 billion to over 1 trillion.
13. At the end of 2008 the Federal Reserve held 475.9 billion in US Treasury Bonds. It now holds over 2 trillion in bonds.
14. The debt has increased to 17 trillion after Obama had saod 9 trillion was unpatriotic.
15. More people are now without health insurance than when Obamacare went into effect.
16. Obamacare deadlines are continually delayed in violation of the law because Obama and the Democrats know it will be an economic disaster and they want to get through the 2014 e******n.
17. The unemployment rate has fallen only because so many have given up looking for a job.
18. For the first time in our history over a million school age children are homeless.
19. The price of gasoline and electricity have increased dramatically under Obama.
20. The US has fallen in global economic competiveness four years in a row according to the World Economic Forum.

This course is not sustainable, but the diehard Obama supporters are yelling for more of the same and the GOP Congressional leadership is too gutless or to secretively supportive of it to make any real changes.

Ricko Loc: Florida

Liberty Tree-I agree with all of your post but I do have questions. What would you suggest the republicans, who only control the House of Representatives, do ? How can 1/3 of the government override 2/3 of the government ? When the republicans demand accountability and less government the democrats shut the government down and blame the republicans and the v**ers agree with them. What can the minority do when the president utterly disregards the constitution, changes laws as he pleases, and exempts his supporters from those laws which could hurt fund raising by democrats?. What can the minority do when the illegal acts by the president are fully supported by the democrats in congress and liberals in general ? What would you do to change the scenario ? Good Luck America !!!

Liberty Tree

First, they need new leadership in the Congress who will not be afraid to "take Obama on" when he openly lies and showing how his policies and goals are harming the country.. They need a more agressive approach in taking the message to the American people. They need to have people like McCain, McConnel and others quit attacking the conseravtives and show more unity. They need someone to openly and aggressively go after Harry Reid and his bullying tactics. This would be a start in winning over more of the American people. They do a very poor job of explaining their cause to the American people. Just remember what a weak, non agressive campaign Romny ran and Ryan was not much better. They need to use the younger, conservative women in Congress as open cheerleaders for conservative causes to give the GOP a fresh face. If the GOP did a better job of these the people would be less likely to blame them for shutdowns. This would be a start.

bmac32 Loc: West Florida

Agree with most of that. Republicans can do nothing running 1/3 the show with a president that would veto wh**ever he didn't like. Republicans tried to slow ObamaCare down knowing full well it wasn't ready but the democrats wouldn't hear of that so ahead we go. The so-called law has been delayed how many times because they know that it isn't even close to being ready.

3jack

________________________________________________
Let's be real and place the blame where it belongs

On President Obama's inaugaration day, January 20, 2009 Republican leaders in Congress, during an invitation only meeting, literally plotted to sabotage and undermine the U S Economy. The below listed Republican Law Writers plotted to deny any successes to President Obama.

Frank Luntz GOP Strategist Rep Pete Hoekstra R-MI
Paul Ryan R-WI Dan Lungren R-CA
Eric Cantor R-VA Jim DeMint R-SC (S)
Kevin McCarthy R-CA Jon Kyle R-AZ (S)
Pete Sessions R-TX Tom Coburn R-OK (S)
Jeb Hensarling R-TX John Ensign R-NV (S)
Bob Corker R-TN (S)

These senior Republican Lawmakers plotted to bring congress to a standstill regardless how much it would hurt the American Economy. They pledged to obstruct and block President Obama on all legislation

Liberty Tree

You failed to mention that during his first two years Obama had a Democrat majority in the House and Senate and failed to put the US on a sound fiscal path. The blame is all his just like you blame Bush for everything. He owns the disaster of Obamacare, too.

Winter Solstice Loc: Salt Lake City

21. The EPA has made it impossible to build another coal-fires electric plant simply because it can. Even though it would have no adverse effect on the environment.
Etc.
Etc.

bmac32 Loc: West Florida

Of course they failed to mention anything that might reflect badly on a democrat, their called the Obama Zombies.

Ve'hoe

Especially when balz are as scares as hens teeth in the Speaker o da houz,,,,

3jack

Wrong. He had a filibuster proof 58 Democrats and 2 independents in the Senate for exactly 60 day. Then the Senate BS started and continues to this day. The house was taken by the GOP in 2010 and they continue the BS. I havn't blamed Bush for anything, but had the Democrats met and made a pledge to wreck this wonderful country, you would have been clammoring for their heads and crying for them to be tried for treason and for violating thei constitution and their congressional pledge. The really sad part about this issue is that even those that continue to support this slimy crew of poor excuses for humans, suffer along with those that take issue with these asshats. Oh...I forgot to mention that Newt Gingrich was also in the meeting.

rickdri

Just because Obama did not have a filibuster proof senate did not mean he did not have control of the government. Remember the ACA passed on March 23, 2010, which is well over 420 days from the beginning of Obama's term. The ACA passed purely along party lines. How can you say that he only had control of the government for 60 days? BTW the republicans took the house in Nov. of 2010, but did not take control until Jan. 2011. Obama had a majority in both chambers until then. Please tell me where why you think he had control for only 60 days.

Marquis56

The economy is all obama, the state of massachusetts v**ed in scott brown to stop obama from the obamacare disaster now upon us, the esteemed mr. reid changed the rules again to get the bill thru. REMEMBER even the v**ers of Massachusetts wanted it stopped. SO WHY IS IT LAW TODAY

MarvinSussman

Presidents have no direct effect on the economy and certainly not on the stock market. Once in a blue moon, they appoint a Fed chairman, who can do a little. Mostly, Presidents can more or less push regulators to regulate or deregulate. Thus, Bush pushed for deregulation and probably helped to bring on the Bush Meltdown. Obama signed a regulatory law that may ease the next meltdown.

But that’s it. It’s never the President’s economy.

Only Congress taxes and spends and has full responsibility for the effect of government on the economy.

Oh, yes. I forgot. He can start a war. Or he can try to get out of one. That's the difference between Bush and Obamal.

When Reagan was President, he did not care about debt - Reagan tripled the national debt and they responded by making Reagan their hero. When Clinton took office, all they wanted to talk about was debt, saying it was because Clinton was a big spender. Clinton eventually balanced the budget and even made a trillion dollar surplus, but conservatives attacked him then, too - saying that if the budget was balanced and we were finally paying off the debt, then somehow it meant that the American taxpayer had been 'over charged' and were due a 'refund' which meant massively cutting taxes. When Bush was elected, he frittered away the entire surplus with tax cuts and doubled the national debt. Cheney even said "Reagan proved deficits don't matter" when his party offered to pass the largest deficit in history. Most Republicans said nothing. Now that Obama is president, they are once again making noise about the debt, shutting down the government and threatening default - even though the deficit is falling at its fastest rate in 50 years!
It's insane. It's craziness.

The Republicans always run the bus into a ditch and then interfere with the tow truck pulling it out. Hoover? Bush?

Reagan was the smart one. He cut taxes and then did an awful lot of deficit spending, more than all his predecessors combined. GWB did that too. And the economy always improved! Stimulus ALWAYS works.

Republicans spend like drunken sailors and then pass a huge debt and deficit to a Democratic President, telling him not to spend. So the Republican recession hangs on for lack of stimulus, which Republicans used a LOT.

And then they complain that the bus is still in the ditch!

Stimulus always works. Use it!

Stimulus works! Why not try it?

EugenePatrickDevany

Congress Must Stop Hurting Workers and the Poor:

Full Employment
1a. Replace business portion of the payroll taxes (worst tax) with a revenue neutral value added tax (best tax worldwide).
1b. Permit charitable deduction only for charities willing to expand services with new jobs. [2,000,000 new jobs]

Health Care
2a. Prohibit volume discounts in health care because they raise prices on individuals and those without insurance.
2b. Hospitals are local monopolies - regulate prices like utilities.
2c. Doctors, Clinical services, retail drugs and supplies should have prices posted online so patients can shop - to keep medical costs low and competitive.
2d. Let health insurers maintain digital health care records (at patient's option).

Tax Reform
3a. Permit low flat 8% income tax and no payroll taxes for anyone willing to pay 2% of their net wealth (excluding $500,000 in retirement savings and $15,000 cash) - to allow workers to save and keep more of their earnings.
3b. Reduce corporate tax rate to 8% with 4% VAT - for global competitiveness and to repatriate $2 trillion in deferred taxes.

Marquis56

how did the stimulus work? the waste of tax payer money by the goverment is astounding, any person can see that. If you want to get the economy moving, cut taxes and let the american people spend it on what they want, goverment can not spend its way to prosperity, but give the people the means [tax cuts] and they will generate the economy.
although obama is trying to take the country down the people are starting to see what he is, a socialist with an agenda that is not good for anyoneexcept for his chosen