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Forbes: Obama's Accelerating Downward Spiral For America

Grim17

Grim17

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That "Hope & Change" has really paid dividends for the American people...


Obama's Accelerating Downward Spiral For America
9/02/2012 @ 4:27PM

New income data from the Census Bureau reveal what a great job Barack Obama has done for the middle class as President. During his entire tenure in the oval office, median household income has declined by 7.3%.

In January, 2009, the month he entered office, median household income was $54,983. By June, 2012, it had spiraled down to $50,964. That’s a loss of $4,019 per family, the equivalent of losing a little less than one month’s income a year, every year. And on our current course that is only going to get worse not better.

Obama's Accelerating Downward Spiral For America - Forbes
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And here are some more numbers "Hope & Change" has given us:

* The unemployment rate is 2.5% higher today, then it was 4 years ago.

* There are 4 million more people collecting unemployment today, then there was 4 years ago.

* People collecting disability is 20% higher today, then it was 4 years ago.

* The percentage of the eligable workforce that's employed is 4% lower today, then it was 4 years ago.

* Federal spending is 25% higher today, then it was 4 years ago.

* U.S. debt is over 50% higher today, then it was 4 years ago.

* There are 15 million more people collecting food stamps today (a 50% increase) then there was 4 years ago. To put that in perspective, for every 3 people added to the US population over the last four years, 4 people were added to the food stamp rolls.


When you add in those wonderful statistics, isn't it hard to believe that there are people out there that think Obama deserves 4 more years?
 
Grim17 said:
That "Hope & Change" has really paid dividends for the American people...




And here are some more numbers "Hope & Change" has given us:

* The unemployment rate is 2.5% higher today, then it was 4 years ago.

* There are 4 million more people collecting unemployment today, then there was 4 years ago.

* People collecting disability is 20% higher today, then it was 4 years ago.

* The percentage of the eligable workforce that's employed is 4% lower today, then it was 4 years ago.

* Federal spending is 25% higher today, then it was 4 years ago.

* U.S. debt is over 50% higher today, then it was 4 years ago.

* There are 15 million more people collecting food stamps today (a 50% increase) then there was 4 years ago. To put that in perspective, for every 3 people added to the US population over the last four years, 4 people were added to the food stamp rolls.


When you add in those wonderful statistics, isn't it hard to believe that there are people out there that think Obama deserves 4 more years?
Click to expand...
blame it all on trickle down economics -- it doesn't work and never will.
 
God damn liberal media!:mrgreen:
 
Nice opinion hit-piece.


Peter Ferrara

Ferrara was a senior policy adviser at the conservative Institute for Policy Innovation. In April 2011, Ferrara became senior fellow for entitlement and budget policy at The Heartland Institute.

The Heartland Institute

The Heartland Institute is an American conservative and libertarian[2] public policy think tank based in Chicago, which advocates free market policies.​


Kinda easy to get the answers you want when you write by starting with the answer you want and forumlate a story around it with selective editing to drive the reader towards the answer you want them to see. Who needs facts when we have think tanks?
 
poweRob said:
Nice opinion hit-piece.

Peter Ferrara

Ferrara was a senior policy adviser at the conservative Institute for Policy Innovation. In April 2011, Ferrara became senior fellow for entitlement and budget policy at The Heartland Institute.

The Heartland Institute

The Heartland Institute is an American conservative and libertarian[2] public policy think tank based in Chicago, which advocates free market policies.​


Kinda easy to get the answers you want when you write by starting with the answer you want and forumlate a story around it with selective editing to drive the reader towards the answer you want them to see. Who needs facts when we have think tanks?
Click to expand...

I didn't realize that the US Census Bureau was a partisan political think tank... Because that's where the numbers in that story come from.

Anything to justify denying reality huh?
 
Grim17 said:
I didn't realize that the US Census Bureau was a partisan political think tank... Because that's where the numbers in that story come from.

Anything to justify denying reality huh?
Click to expand...

Selective editing is denying reality. Which is what the utterly biased think tank called the Heartland Institute did and does.
 
poweRob said:
Selective editing is denying reality. Which is what the utterly biased think tank called the Heartland Institute did and does.
Click to expand...

What selective editing are you referring to?
 
So an editorial by a libertarian is supposed to convince me of something? Why did he not mention that RPI(Real Personal Income) and Personal Consumption Expenditures(which make up 70 % of GDP) are both up nicely? Oh, I know, it is because editorials don't try and tell the whole story, only the part that makes their case. This is a classic case of getting your news from sources telling you what you want to hear.
 
Grim17 said:
What selective editing are you referring to?
Click to expand...

Ignoring trends and patterns in the economy to say "it's all Obama's fault starting January 2009". There's answers and there is blame. Those looking to blame don't want answers because they often don't like the answers. It's much easier to ignore facts and assess blame without facts.
 
Redress said:
So an editorial by a libertarian is supposed to convince me of something? Why did he not mention that RPI(Real Personal Income) and Personal Consumption Expenditures(which make up 70 % of GDP) are both up nicely? Oh, I know, it is because editorials don't try and tell the whole story, only the part that makes their case. This is a classic case of getting your news from sources telling you what you want to hear.
Click to expand...

Those partisan bastards at the Census Bureau have some splainin' to do.
 
Grim17 said:
Those partisan bastards at the Census Bureau have some splainin' to do.
Click to expand...

redress-albums-stuffz-picture67112136-strawman.jpg

Note my words "editorials don't try and tell the whole story, only the part that makes their case". Evasions are not going to work, sorry, nor are trying to argue against something I never claimed.
 
poweRob said:
Ignoring trends and patterns in the economy to say "it's all Obama's fault starting January 2009". There's answers and there is blame. Those looking to blame don't want answers because they often don't like the answers. It's much easier to ignore facts and assess blame without facts.
Click to expand...

you and redress need to face facts, obama has been a terrible president, all of his wasteful spending has not helped the economy one bit. Obamacare is not wanted by 70% of americans, the GM and Chrysler bail outs saved the UAW, not the companies or the sharefholders or the employees. It was a sham to get union money and votes.

Jimmy Carter is laughing into his peanut can, he is no longer the worst president in history.
 
pbrauer said:
blame it all on trickle down economics -- it doesn't work and never will.
Click to expand...

yea trickle up poverty is the way...

trickle down is called Capitalism...Libs call that work..
 
Bobcat said:
you and redress need to face facts, obama has been a terrible president, all of his wasteful spending has not helped the economy one bit.
Click to expand...

The facts say otherwise.

BikiniGraphstimulus.jpg

Bobcat said:
Obamacare is not wanted by 70% of americans,
Click to expand...

Bull
Crap

It's not going to go away. And the reason is, because people don't want it to.

Bobcat said:
the GM and Chrysler bail outs saved the UAW, not the companies or the sharefholders or the employees. It was a sham to get union money and votes.
Click to expand...

And yet here those companies still stand. Their subsidiaries and supply chains still exist as well. It's precisely why Romney won't win Ohio nor his home state of Michigan. Funny.. nor will he win his other home state of Massachussetts but for other reasons.

Bobcat said:
Jimmy Carter is laughing into his peanut can, he is no longer the worst president in history.
Click to expand...

He never was. For you however, he's a talking point that you probably couldn't talk much about without google right in front of you aside from snide dismissal-styled talking points at best.
 
pbrauer said:
blame it all on trickle down economics -- it doesn't work and never will.
Click to expand...

Reagan's economic policies worked

Obama's economic policies failed

You've been brainwashed into a Cult of Hope and Change
 
Bronson said:
Reagan's economic policies worked

Obama's economic policies failed

You've been brainwashed into a Cult of Hope and Change
Click to expand...


6861665259_55b341be24_z.jpg

1234567890
 
Grim17 said:
That "Hope & Change" has really paid dividends for the American people...




And here are some more numbers "Hope & Change" has given us:

* The unemployment rate is 2.5% higher today, then it was 4 years ago.

* There are 4 million more people collecting unemployment today, then there was 4 years ago.

* People collecting disability is 20% higher today, then it was 4 years ago.

* The percentage of the eligable workforce that's employed is 4% lower today, then it was 4 years ago.

* Federal spending is 25% higher today, then it was 4 years ago.

* U.S. debt is over 50% higher today, then it was 4 years ago.

* There are 15 million more people collecting food stamps today (a 50% increase) then there was 4 years ago. To put that in perspective, for every 3 people added to the US population over the last four years, 4 people were added to the food stamp rolls.


When you add in those wonderful statistics, isn't it hard to believe that there are people out there that think Obama deserves 4 more years?
Click to expand...

 
Bronson said:
Dodge noted

15% Real Unemployment after more than 5 trillion spent

The economic historical record is crystal clear. Reagan > Obama
Click to expand...
Reagan used Keynesian economics; he tripled the debt.
 
Grim17 said:
That "Hope & Change" has really paid dividends for the American people...

And here are some more numbers "Hope & Change" has given us:

* The unemployment rate is 2.5% higher today, then it was 4 years ago.

* There are 4 million more people collecting unemployment today, then there was 4 years ago.

* People collecting disability is 20% higher today, then it was 4 years ago.

* The percentage of the eligable workforce that's employed is 4% lower today, then it was 4 years ago.

* Federal spending is 25% higher today, then it was 4 years ago.

* U.S. debt is over 50% higher today, then it was 4 years ago.

* There are 15 million more people collecting food stamps today (a 50% increase) then there was 4 years ago. To put that in perspective, for every 3 people added to the US population over the last four years, 4 people were added to the food stamp rolls.


When you add in those wonderful statistics, isn't it hard to believe that there are people out there that think Obama deserves 4 more years?
Click to expand...

Yes, but Romney's rich.
 
Bronson said:
Reagan's economic policies worked

Obama's economic policies failed

You've been brainwashed into a Cult of Hope and Change
Click to expand...

I think there are more things that are different between the 80s and 2000s besides who was President, I'm not necessarily disagreeing with you but there are other things that can affect the economy besides who is President.
 
Wiseone said:
I think there are more things that are different between the 80s and 2000s besides who was President, I'm not necessarily disagreeing with you but there are other things that can affect the economy besides who is President.
Click to expand...

The.buck.stops.there.
 
Wiseone said:
I think there are more things that are different between the 80s and 2000s besides who was President, I'm not necessarily disagreeing with you but there are other things that can affect the economy besides who is President.
Click to expand...

Reagan inherited a worse economic situation than Barack Obama

His economic approach was to slash tax rates across the board and have sound monetary policy

His economic record speaks for itself
 
Grim17 said:
That "Hope & Change" has really paid dividends for the American people...




And here are some more numbers "Hope & Change" has given us:

* The unemployment rate is 2.5% higher today, then it was 4 years ago.

* There are 4 million more people collecting unemployment today, then there was 4 years ago.

* People collecting disability is 20% higher today, then it was 4 years ago.

* The percentage of the eligable workforce that's employed is 4% lower today, then it was 4 years ago.

* Federal spending is 25% higher today, then it was 4 years ago.

* U.S. debt is over 50% higher today, then it was 4 years ago.

* There are 15 million more people collecting food stamps today (a 50% increase) then there was 4 years ago. To put that in perspective, for every 3 people added to the US population over the last four years, 4 people were added to the food stamp rolls.


When you add in those wonderful statistics, isn't it hard to believe that there are people out there that think Obama deserves 4 more years?
Click to expand...


Blame Obama all you want to. But this has been coming for a long time. And it won't improve either. Ever. There are no candidates that will lower government spending.
 
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