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Here’s recap of Hope and Change since President Obama took office in Jan 2009. Comparing economic indicators starting in Jan 2009 to present day:
1. Federal debt has increased by 43% from $10.6 trillion to $15 trillion.
2. Americans living in poverty have increased by 16% from 39.8 million to 46.2 million.
3. Total unemployment (U6) has increased by 68% from 13.7 million to 23 million.
4. Price of gasoline has increased by 80% from $1.86/gal to $3.35/gal.
5. Americans on food stamps have increased 42% from 31.8 million to 45.2 million.
6. Home foreclosures per year have increased by 34% from 850,000 to 1,140,000.
7. Total bankruptcy filings per year have increased by 42% from 1,117,641 to 1,593,081.
8. Median Household incomes have declined by 4%.
9. Average selling price of new homes has declined by 10%.
10. US dollar compared to foreign currencies has declined by 8.7%. [US dollar index of 85.9 in Jan 2009 to 78.5 in Dec 2011.]
11. US dollar compared to gold has declined 105%. [ $855/ounce to $1750/ounce
Here’s recap of Hope and Change since President Obama took office in Jan 2009. Comparing economic indicators starting in Jan 2009 to present day:
1. Federal debt has increased by 43% from $10.6 trillion to $15 trillion.
2. Americans living in poverty have increased by 16% from 39.8 million to 46.2 million.
3. Total unemployment (U6) has increased by 68% from 13.7 million to 23 million.
4. Price of gasoline has increased by 80% from $1.86/gal to $3.35/gal.
5. Americans on food stamps have increased 42% from 31.8 million to 45.2 million.
6. Home foreclosures per year have increased by 34% from 850,000 to 1,140,000.
7. Total bankruptcy filings per year have increased by 42% from 1,117,641 to 1,593,081.
8. Median Household incomes have declined by 4%.
9. Average selling price of new homes has declined by 10%.
10. US dollar compared to foreign currencies has declined by 8.7%. [US dollar index of 85.9 in Jan 2009 to 78.5 in Dec 2011.]
11. US dollar compared to gold has declined 105%. [ $855/ounce to $1750/ounce
It's over 3 years now, stop blaming Bush.
I am not an Obama fan, but I will say the wheels for this reccesion were already in gear when he took office. It is the way he handled it I am not thrilled with, the bailout being one.
I am not an Obama fan, but I will say the wheels for this reccesion were already in gear when he took office. It is the way he handled it I am not thrilled with, the bailout being one.
Obama didnt do the bailouts, Bush did.
And it was the recovery that was in motion when he took office.. Obama just tied a noose around its neck in an effort to stop it from falling anymore.
Wow the entire list is one big epic fail. What would be interesting.
Do the same list but use say 1 year into Obama as a baseline for a different set of numbers. The economy didnt turn around 180 degrees in 1 month under Reagan I wonder why the OP thinks faults Obama under the same set of circumstances. Of course in the 2012 GOP if Reagan were reincarnated under a different name and had Reagan's record he would be called a socialist.
The only relevant thing I see is they do not talk about U6 enough in the mainstream press.
Wow the entire list is one big epic fail. What would be interesting.
Do the same list but use say 1 year into Obama as a baseline for a different set of numbers. The economy didnt turn around 180 degrees in 1 month under Reagan I wonder why the OP thinks faults Obama under the same set of circumstances. Of course in the 2012 GOP if Reagan were reincarnated under a different name and had Reagan's record he would be called a socialist.
The only relevant thing I see is they do not talk about U6 enough in the mainstream press.
Oh sure Reagan wanted to cut taxes and cut government for 20 years before he was elected President. The Tea Party would not consider those ideas socialist.
I think we can comfortably blame Bush, Obama, Congress and the Federal Reserve for the fix we are in.
I agree but I think we can go back even further.. I believe we can go back at least as far as Lyndon Johnson and if you really want to get technical, as far as Woodrow Wilson. No president or congress has had clean hands since and the Federal Reserve has completely lost its collective mind.
Wow the entire list is one big epic fail. What would be interesting.
Do the same list but use say 1 year into Obama as a baseline for a different set of numbers. The economy didnt turn around 180 degrees in 1 month under Reagan I wonder why the OP thinks faults Obama under the same set of circumstances. Of course in the 2012 GOP if Reagan were reincarnated under a different name and had Reagan's record he would be called a socialist.
The only relevant thing I see is they do not talk about U6 enough in the mainstream press.
No epic fail, unless you live in make believe land. Since he has taken office, everything has gone down hill, no excuses necessary, keep them for a rainy day.
Economy is in the tank, do not evern go and blame anyone else, Obama is a man and needs to Man up to his screw ups, he takes credit when it is due, and should man up to what he has screwed up.
Housing is the worse it has ever been, and the economy is down much longer then originally thought possible.
Obama has divided this Country, like no one has ever done before, we are a divided people, come together my you know.
People i know who own theiir own business, cannot stand Obama have about a week to spend, it will take a week for them to tell you exactly why, he needs to go.
Thousands and thousands of short sales, repos, and foreclosures, that a regular listing, is losing full value because of that fact.
Unemployment still way too high, and i would love the figures of all those unemployed, who have literally stopped looking for jobs, there are so many who have stopped looking.
No epic fail at all, this economy sucks big time, the only person to blame is the person in the big WHITE HOUSE.
Since when did voters who didn't vote for the current POTUS get to pretend like he was supposed to address their pet issues? UMMM DUH, you voted against him? Hello?
Do you DUMMIES think that the Dems get their way when the gubmint is dominated by Repubs? the Two-party system will be the death of us. The US system of politics is an antique. Most other western nations have evolved. Not us, because we are afraid of change.
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