[Report Abuse]
[Login to Blog] Funkentelecky's Blog
Here are the numbers to refute Obama’s happy talk
SFC USA, (RET)
Last comment by sebekm 2 months, 3 weeks ago.

Take Me To Post Comment Form

Brutal.

As I told you earlier, President Obama wove quite a tale last night to make the state of the union sound strong. But as with most of his tales, he only tells you the parts that make him sound good. When you see the real facts, you can only come to one conclusion: Obama's policies aren't working.
So with that in mind, here are the real facts that give the lie to the nonsense he peddled last night, and really has been peddling for the past five years:
Inequality has widened: The recovery has been good to families earning more than $394,000 a year, but the other 99 percent of Americans have barely felt it. The richest 1 percent of American families have captured 95 percent of the income gains in the recovery period spanning 2009 to 2012, according to economists at the forefront of income inequality research, Thomas Piketty and Emmanuel Saez. So yes, the super-rich are doing better than everyone else. Because of Obama.
The job market still faces a gaping hole: From the job market's peak in early 2008 to its bottom in 2010, the U.S. economy lost 8.7 million jobs – about half of which were in construction and manufacturing. To this day, the United States still hasn't gained back all those jobs. The economy needs about 1.2 million jobs to get back to the 2008 level, and once population growth is added to the mix, the hole looks more like an abyss.
The poverty rate remains high: About 46.5 million Americans are living in poverty – equivalent to 15% of the entire U.S. population. The poverty rate has barely budged during Obama's presidency, marking the first time it has remained at or above 15 percent for three consecutive years since 1965. According to the U.S. Census Bureau, a total of 6.7 million Americans have entered poverty since 2008.
A record number of Americans are on food stamps: Amid the recession, the food stamp rolls surged, and as of 2013, 48 million Americans were receiving the benefits – the highest number since the program began in 1969. A total of 19.4 million Americans have joined the food stamp program since Obama took office.
According to a January 2014 report by the U.S. Bureau of Labor Statistics, there are 7.8 million Americans working part-time that would like to work full-time.
The median income of American households dropped by $2,627 during President Obama's first term — and the number of people in poverty rose by about 6,667,000, according to a report from the U.S. Census Bureau.
In 2008, the year Obama was elected, real median household income in the United States was $53,644 according to the Census Bureau. In 2012, the last full year of Obama’s first term, median household income was $51,017. Thus, real median household income dropped $2,627—or 4.89 percent—from 2008 to 2012.
A recent report by the Kaiser Family Foundation found that family health care premiums have increased $3,671 under President Obama, despite his claim that ObamaCare would reduce premiums during his 2010 State of the Union address.
After five years of State of the Union promises to tackle the national debt, the current national debt has risen to more than $17.3 trillion. More than $6.6 trillion has been added to the national debt since President Obama took office. This is despite his declaration in the 2009 State of the Union address that he didn’t want to leave a “mountain of debt.”
Growth in the annual U.S. GDP, in chained 2009 dollars, has been the following under President Obama:
2009: Minus-2.8 percent
2010 : 2.5 percent
2011 : 1.8 percent
2012 : 2.8 percent
Those numbers are terrible.
Finally, the United States is no longer among the world's top 10 nations in terms of economic freedom, according to a newly published index. The world's largest economy slipped two notches into the 12th position in the 2014 Index of Economic Freedom spelled out by the Heritage Foundation and the Wall Street Journal, registering its seventh consecutive decline. When President Obama took office, the U.S. was ranked 6th. Now it is 12th.

http://www.caintv.com/here-are-the-numbers-that-refu



Latest Activity: Jan 29, 2014 at 8:02 PM


Bookmark and Share
Forward This Blog
Print Blog
More Blogs by Funkentelecky
Send Funkentelecky a Message
Report Abuse


Blog has been viewed (217) times.

sebekm commented on Thursday, Jan 30, 2014 at 19:17 PM

Good info, Funky. I only "sampled" the SOTU this year, as my son's favorite basketball team was on TV at the same time and viewable here but not in Alaska - where he is. So I got to be a play-by-play announcer via our smartphone hookup. A lot more fun than watching more political promises and pat-on-the-back selfies. I will also note that this year's State of the Union speech "achieved" "record-low ratings" - see:

http://www.politico.com/blogs/media/2...

which pretty much matches Mr. Obama's near-record all-time low job approval rating just prior to the speech:

http://www.pewresearch.org/fact-tank/...


Log In to post comments.

Previous blog entries by Funkentelecky
 
Top Ten Reasons to Vote Democrat in 2014
April 21, 2014
I can only take credit for #10, but thought you’d get a kick out of this. Read more at http://allenbwest.com/2014/04/top-10-reasons-vote-democrat-2014%e2%80%a8%e2%80%a8/#VFAovxBk82PpmK63.99 10. I’ll vote Democrat because I can’t wait for college football season to be delayed or cancelled because the student athletes are union employees. 9. I’ll vote Democrat because I ...
Read More »
 
The 77 Percent Lie -- and Why Obama Keeps Telling
April 13, 2014
The 77 Percent Lie -- and Why Obama Keeps Telling It A quick way to kill debate is to accuse your political adversary of “lying.” Still, it’s hard to figure out what else propels President Barack Obama to falsely assert, yet again, that employers rip off female employees by paying ...
Read More »
 
Ben Carson for President!
April 03, 2014
Concerned Patriot, As someone interested in the outcome of the 2016 presidential election, you will certainly want to know all you can about Dr. Ben Carson and where he stands on the critical issues facing our nation. That’s what you will find out when you read his bestselling book, America ...
Read More »
 
Obamacare: Abuse of Power Endangers Nations Health
March 27, 2014
When liberal pro-Obama scholars question the legality of President Barack Obama’s actions to implement Obamacare, the issue of illegal presidential use of power moves from partisan to frightening. George Washington Law School's Jonathan Turley is the second most quoted law professor in the nation and a two-time Obama voter. He ...
Read More »
 
Malcolm X Called Them "Chumps"
March 26, 2014
When blacks gave 80 percent of their vote to the Democratic Party in 1964, black activist Malcolm X called them "political chumps." White voters, X said, “are so evenly divided that every time they vote, the race is so close they have to go back and count the votes all ...
Read More »
 
[View More Blogs...]





 
Powered by
Morris Technology