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Thursday, July 07, 2011

Newspaper: Obama Has Made Things Worse

Blaming the previous administration only lasts so long. Investor's Business Daily recaps some of the damage Barack Obama has done to the economy in the past two years:
• There are 2 million fewer private-sector jobs now than when Obama was sworn in, and the unemployment rate is 1.5 percentage points higher.

• There are now more long-term unemployed than at any time since the government started keeping records.

• The U.S. dollar is more than 12% weaker.

• The number of Americans on food stamps has climbed 37%.

• The Misery Index (unemployment plus inflation) is up 62%.

• And the national debt is about 40% higher than it was in January 2009.
Read the full editorial at the link below:

Romney's Right: It Is Worse Now - Investors.com

1 comment:

Anonymous said...

True. But don't forget that Mr. Dimon and Mr. Blankfein and all the guys on Wall Street (who continue to receive welfare from the Federal Reserve) have reaped enormous benefits and bonuses under Mr. Obama and that the disparity between the top 1% and the rest of the mob has never been greater in this country. This is why he is outraising all other Presidential candidates combined.