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07-11-2011, 08:01 PM | #1 |
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Lesson 1, my denying, lefty sheep:
Obama: How Miserable? Index Says the Worst in 28 Years When it comes to measuring the combination of unemployment and inflation, it doesn’t get much more miserable than this. http://www.cnbc.com/id/43441924 African-American unemployment at 16 percent http://www.cbsnews.com/stories/2011/...20072425.shtml GWB: '50 straight months' of job growth' Posted November 2, 2007 11:05 AM The Swamp by Mark Silva -- "8.31 Million Jobs Created Since August 2003 In Longest Continuous Months Of Job Growth On Record,'' the White House boasts today. The figures released by the Bureau of Labor Statistics today – 166,000 jobs created in October -- play into the Bush administration's argument that its tax-cuts have helped keep the economy on course, despite any number of stressors in the past years, stressors continuing today with the spiraling cost of oil and epidemic of home mortgage foreclosures. "Our economy has now added jobs for 50 straight months – the longest period of uninterrupted job growth on record,'' the White House says today. Unemployment, it notes, remains "low at 4.7 percent.'' With the Gross Domestic Product growing by 3.9 percent in the third quarter of this year, the White House adds, "the economy has now experienced six years of uninterrupted growth, averaging 2.8 percent a year since 2001.'' http://www.swamppolitics.com/news/po...ht_months.html |
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07-11-2011, 08:03 PM | #3 |
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07-11-2011, 08:05 PM | #4 |
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07-11-2011, 08:06 PM | #5 |
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07-11-2011, 08:08 PM | #6 |
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07-11-2011, 08:23 PM | #7 |
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Uh oh Obaaaamabots:
Obama adds $3 trillion to national debt in less than 2 years New numbers posted today on the Treasury Department website show the National Debt has increased by more than $3 trillion since President Obama took office. The National Debt stood at $10.626 trillion the day Mr. Obama was inaugurated. The Bureau of Public Debt reported today that the National Debt had hit an all time high of $13.665 trillion. Mr. Obama frequently lays blame for soaring federal deficits on his predecessor. “By the time I got into office we already had a $1.3 trillion deficit and we had exploded the national debt,” he said last month during one of his backyard chats with Americans. But, as CBS points out, Obama has already added 60% of the debt in two years that Bush added in eight, and Obama is on track to add a trillion dollars more in his first term than Bush did in two: The Debt increased $4.9 trillion during President Bush’s two terms. The Administration has projected the National Debt will soar in Mr. Obama’s fourth year in office to nearly $16.5-trillion in 2012. That’s more than 100 percent of the value of the nation’s economy and $5.9-trillion above what it was his first day on the job. Clearly, while Republicans have been somewhat irresponsible in running up debt, Democrats have managed to be almost three times worse than Republicans. Just as clearly, they have no intention to cut spending to correct this, but instead plan to hike taxes to fund their spending spree. And they’re being led by a President who wants to spend even more, as his own budget projections show. http://hotair.com/archives/2010/10/1...-than-2-years/ |
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07-11-2011, 08:24 PM | #8 |
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07-11-2011, 08:56 PM | #11 |
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