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News & Politics News & Politics

SCARY STATS

Posted by on Jan. 23, 2013 at 7:19 AM
  • 51 Replies
1 mom liked this

It’s Mourning in America

Today is Obama’s second swearing in, and despite what the Obama-adoring, Kool-Aid- drinking liberal mainstream media tells you, this is a day for sadness, not celebration. It's time to mourn for what Obama is doing to America....and even worse, for what he has planned for the next four years. The economy is in free-fall. Economists are suddenly all agreeing that Obama’s “solution” to the fiscal cliff—gigantic tax increases that are already taking big bites out of paychecks—will crater our projected economic growth for 2013. It’s bad out there, and getting worse every day. The fact is: We are in an Obama Great Depression.

I call it “Obamageddon.”

Today’s inauguration simply guarantees our economy is doomed to four more years of the same. And Americans are asking: Will we survive Obama’s second term as self-supporting independent individuals? Or as families able to take care of our kids and give them a start in life? As a nation? Will my small business survive? Will I have a job in four years?

The first key to surviving Obamageddon is to understand what’s really going on. Armed with the facts, we might just have a chance of surviving, and even thriving, during the Obama nightmare. But don’t hold your breath waiting for the Obama administration or the mainstream media to tell you the truth. For that, like most other things worth having, we have to do it ourselves.

So here are ten hard facts the Obama lackeys don’t want you to know:

1. The Obama administration has gone on the biggest spending spree in world history—$13.6 trillion since 2008.

2. Under Obama the national debt has increased by fifty percent. Obama is on track to add $12 trillion to the national debt – a staggering three times more than Bush in his eight years as president.

3. Under Obama the national debt now exceeds the entire output of the U.S. economy.

4. According to the U.S. Census Bureau, household income has fallen for all four years under Obama; it’s down $4000.

5. The net worth of the average American is down a whopping 40%.

6. Unemployment was over eight percent for an unimaginable 43 consecutive months. That’s more months of 8%+ unemployment than under all the presidents from Truman to George W. Bush.

7. According to economist John Williams of Shadowstats.com, if you factored in all of the short-term discouraged workers, all of the long-term discouraged workers, and all of those working part-time because they cannot find full-time employment, the real unemployment rate would be over 20 percent—higher than unemployment for most years of the Great Depression.

8. Fifty-three percent of all college graduates in America under age 25 are either unemployed or under-employed, and the total student loan debt is now over $1 trillion, with defaults at record levels.

9. Obama’s term produced horrendous economic damage to African Americans. Black unemployment is currently at 14%, even by official understatement.

10. A staggering 1 in 3 residents in Obama's home state of Illinois are now living in poverty. Shame. Disgrace. Pathetic. Embarrassment. But get ready- Obama is bringing that same economy to all of us. He wants to "spread the poverty around."

In sum, Americans are experiencing unimaginable economic wreckage, crisis and collapse from coast to coast.

How can Americans survive the next four years? By saying enough is enough. Seek out the facts, and refuse to swallow the Obama sound bites, or the mainstream media's Obama-approved propaganda. The fight to survive and thrive begins by taking charge of our everyday lives- with our taxes, our investments, our choice of where to live, our children’s education, our healthcare, our guns, our food supply, our home security, and of course, our faith in God, family and country.

So, today, instead of getting out the party hats and balloons for Obama’s inauguration, I'd suggest you make your best New Year’s resolution: Resolve to survive and thrive despite the coming Obamageddon.

http://townhall.com/columnists/wayneallynroot/2013/01/21/its-mourning-in-america-n1492612/page/full/

by on Jan. 23, 2013 at 7:19 AM
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pvtjokerus
by Gold Member on Jan. 23, 2013 at 7:19 AM
3 moms liked this

"10. A staggering 1 in 3 residents in Obama's home state of Illinois are now living in poverty. Shame. Disgrace. Pathetic. Embarrassment. But get ready- Obama is bringing that same economy to all of us. He wants to "spread the poverty around."

sweet-a-kins
by Ruby Member on Jan. 23, 2013 at 7:44 AM
2 moms liked this
Since when did Obama control the economy on Chicago?


This article is one of the most disgusting I have seen in awhile


Quoting pvtjokerus:

"10. A staggering 1 in 3 residents in Obama's home state of Illinois are now living in poverty. Shame. Disgrace. Pathetic. Embarrassment. But get ready- Obama is bringing that same economy to all of us. He wants to "spread the poverty around."

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Sisteract
by Socialist Hippie on Jan. 23, 2013 at 10:40 AM
5 moms liked this

Paranoia stymies growth and goal attainment.

4-8 years of paranoia is such a waste of precious time.

Our system is designed to prevent one person from running the table-

SweetChild63
by Member on Jan. 23, 2013 at 10:41 AM
2 moms liked this

More raving right wing fantasy with out supporting facts or real explainations. 

JustCJ
by on Jan. 23, 2013 at 10:46 AM
10 moms liked this


. The Obama administration has gone on the biggest spending spree in world history—$13.6 trillion since 2008.

2. Under Obama the national debt has increased by fifty percent. Obama is on track to add $12 trillion to the national debt – a staggering three times more than Bush in his eight years as president.

3. Under Obama the national debt now exceeds the entire output of the U.S. economy.

4. According to the U.S. Census Bureau, household income has fallen for all four years under Obama; it’s down $4000.

5. The net worth of the average American is down a whopping 40%.

6. Unemployment was over eight percent for an unimaginable 43 consecutive months. That’s more months of 8%+ unemployment than under all the presidents from Truman to George W. Bush.

7. According to economist John Williams of Shadowstats.com, if you factored in all of the short-term discouraged workers, all of the long-term discouraged workers, and all of those working part-time because they cannot find full-time employment, the real unemployment rate would be over 20 percent—higher than unemployment for most years of the Great Depression.

8. Fifty-three percent of all college graduates in America under age 25 are either unemployed or under-employed, and the total student loan debt is now over $1 trillion, with defaults at record levels.

9. Obama’s term produced horrendous economic damage to African Americans. Black unemployment is currently at 14%, even by official understatement.

10. A staggering 1 in 3 residents in Obama's home state of Illinois are now living in poverty. Shame. Disgrace. Pathetic. Embarrassment. But get ready- Obama is bringing that same economy to all of us. He wants to "spread the poverty around."

Since you know so much, maybe you can refute these. You know, for clarification...Maybe pull some of us right wingers out of fantasy land?

Quoting SweetChild63:

More raving right wing fantasy with out supporting facts or real explainations. 


thecoffeefairy
by Member on Jan. 23, 2013 at 10:48 AM
1 mom liked this
As long as we predict doom and gloom, refuse to invest in small business and American products, we will create self fulfilling prophecies. We create our economy by spending. When we ALL take time to shop local, we grow our local economy. Small businesses will be able to hire more employees, provide healthcare and make profit. This in turn helps more people reach the middle class dream of home ownership. This moves us into the housing market. See where this is going?
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SweetChild63
by Member on Jan. 23, 2013 at 10:57 AM
1 mom liked this

Yes, I can refrute those fairy tales, but it won't matter to desperate crazed right wingers. I suggest you clear the cookies out of your browser and search for yourself. 

Quoting JustCJ:


. The Obama administration has gone on the biggest spending spree in world history—$13.6 trillion since 2008.

2. Under Obama the national debt has increased by fifty percent. Obama is on track to add $12 trillion to the national debt – a staggering three times more than Bush in his eight years as president.

3. Under Obama the national debt now exceeds the entire output of the U.S. economy.

4. According to the U.S. Census Bureau, household income has fallen for all four years under Obama; it’s down $4000.

5. The net worth of the average American is down a whopping 40%.

6. Unemployment was over eight percent for an unimaginable 43 consecutive months. That’s more months of 8%+ unemployment than under all the presidents from Truman to George W. Bush.

7. According to economist John Williams of Shadowstats.com, if you factored in all of the short-term discouraged workers, all of the long-term discouraged workers, and all of those working part-time because they cannot find full-time employment, the real unemployment rate would be over 20 percent—higher than unemployment for most years of the Great Depression.

8. Fifty-three percent of all college graduates in America under age 25 are either unemployed or under-employed, and the total student loan debt is now over $1 trillion, with defaults at record levels.

9. Obama’s term produced horrendous economic damage to African Americans. Black unemployment is currently at 14%, even by official understatement.

10. A staggering 1 in 3 residents in Obama's home state of Illinois are now living in poverty. Shame. Disgrace. Pathetic. Embarrassment. But get ready- Obama is bringing that same economy to all of us. He wants to "spread the poverty around."

Since you know so much, maybe you can refute these. You know, for clarification...Maybe pull some of us right wingers out of fantasy land?

Quoting SweetChild63:

More raving right wing fantasy with out supporting facts or real explainations. 




MsDenuninani
by Bronze Member on Jan. 23, 2013 at 11:04 AM
1 mom liked this

Occasionally, when I encounter a hard core extremist on CM, I wonder what on earth they are reading that makes them say the things they do.  Posts like this help me understand how they are getting their facts.

These days, politically, it seems you are what you read.

Anyways, I don't doubt that these stats are true; I just don't think they tell the whole story.  Number 5, for example, is because of falling home values -- and that's because of the economic crises that pre-dates Obama. As for number 1, consolidated government spending has not increased under Obama whatsoever, suggesting that the "spending spree", in fact saved jobs that would have otherwise been cut, by supplying funds to states and cities for programs that otherwise would have disappeared.

Household income falling predates Obama; rising unemployment pre-dates Obama; the rising cost in higher education (which is part of the reason for the rising student debt levels) predates Obama. . .I could go on.  But fundamentally, the economic recession of 2008 was exacerbated by lots of underlying problems, including globalization and rising economic inequality (which is the result of special interest groups at all levels who make sure that there needs are taken care of  first) and we are now trying to grapple with all of these underlying issues.  How successful we will be is dependent on how soon the Republican party implodes, with those conservatives who are serious about governing finally standing up and fighting for the larger American public, and against the Tea Party stranghold.

It will happen.  The question is, I think, how soon.

MsDenuninani
by Bronze Member on Jan. 23, 2013 at 11:07 AM

 Obama doesn't "control" the national economy.  His is only one branch of government, and when it comes to domestic spending, a pretty weak one.


Quoting The-Raven:

 

 

Quoting sweet-a-kins:

Since when did Obama control the economy on Chicago?


This article is one of the most disgusting I have seen in awhile


Quoting pvtjokerus:

"10. A staggering 1 in 3 residents in Obama's home state of Illinois are now living in poverty. Shame. Disgrace. Pathetic. Embarrassment. But get ready- Obama is bringing that same economy to all of us. He wants to "spread the poverty around."

He began impacting Chicago's economy long ago. His impact increased as time went on. As he got closer to the White House, and his election became more likely, he began to have more and more impact on the national economy as business owners and leaders began to brace themselves and their businesses for what they anticipated to be the most liberal, anti-business White House and Congress in US history.  One can make a logical argument that he began to have a substantial impact on the US economy...particularly in the area of employment and business expansion...sometime around the middle of 2008.

He began "controlling" the national economy...to the extent it can be done by the federal government...in Jan 2009.


 


 

LucyMom08
by Silver Member on Jan. 23, 2013 at 11:08 AM
1 mom liked this

 I always wonder why they think the president has superpowers...Congress is also involved here, yet no one wants to hold them accountable...wonder why?

Quoting MsDenuninani:

Occasionally, when I encounter a hard core extremist on CM, I wonder what on earth they are reading that makes them say the things they do.  Posts like this help me understand how they are getting their facts.

These days, politically, it seems you are what you read.

Anyways, I don't doubt that these stats are true; I just don't think they tell the whole story.  Number 5, for example, is because of falling home values -- and that's because of the economic crises that pre-dates Obama. As for number 1, consolidated government spending has not increased under Obama whatsoever, suggesting that the "spending spree", in fact saved jobs that would have otherwise been cut, by supplying funds to states and cities for programs that otherwise would have disappeared.

Household income falling predates Obama; rising unemployment pre-dates Obama; the rising cost in higher education (which is part of the reason for the rising student debt levels) predates Obama. . .I could go on.  But fundamentally, the economic recession of 2008 was exacerbated by lots of underlying problems, including globalization and rising economic inequality (which is the result of special interest groups at all levels who make sure that there needs are taken care of  first) and we are now trying to grapple with all of these underlying issues.  How successful we will be is dependent on how soon the Republican party implodes, with those conservatives who are serious about governing finally standing up and fighting for the larger American public, and against the Tea Party stranghold.

It will happen.  The question is, I think, how soon.

 

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