70 Facts About The Economy That Obama Doesn't Want You To Know

Discussion in 'Politics' started by P@triot, Aug 6, 2012.

  1. P@triot
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    P@triot Gold Member

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    These are some astounding indisputable facts (though it won't stop the liberals from trying with their propaganda):

    • The price of gas*– When Obama took office, a gallon of gas cost you $1.85. Today, it’s up to $3.59 per gallon (July’s rise was 17 cents a gallon).

    • You have to work 107 days each year just to pay Federal, State, & Local taxes*– That means you don’t earn a penny until April 18th.

    • More than 30% of unemployed Americans have been out of work for more than a year*– In 2007, that number was 10%.

    • Speaking of “no faith in the US Dollar”*– The price of gold when Obama was inaugurated, $850 an ounce. Today, gold is over $1500.

    • The disappearing family farm – In the mid-1930s, America had an estimated 6.8 million farms. Today, the EPA estimates that number to be right around two million (and getting squeezed more and more by constricting regulation).

    • Another (bad) trade record set with China*– In 2011, our trade deficit with China was almost $300 billion dollars. That is the single highest deficit that one country has had with another… ever.

    • A stunning amount spent on stupid studies like Why do chimps throw their poop?*– Almost $600,000 of your tax dollars was sent to the folks who studied chimpanzee poop tossing, plus $198,195 paid to find out if “tweeting” makes people happy…
    .

    70 Facts About The Economy That Obama Doesn’t Want You To See | TheBlaze.com

    http://www.coburn.senate.gov/public...&File_id=b69a6ebd-7ebe-41b7-bb03-c25a5e194365
     
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  2. occupied
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    occupied Gold Member

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    One thing about the economy we all know, republicans want it to suck to the point of engaging in sabotage.
     
  3. AmyNation
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    AmyNation Road Warrior Supporting Member

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    The price of gas?

    How is he hiding that? Also, how does he have any real effect on it at all?
     
  4. Jackson
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    Jackson Gold Member Supporting Member

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    I urge posters to read more at the link.
     
  5. Dr Grump
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    Dr Grump Gold Member

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    Oh, please, can you start another partisan hackery anti Obama thread. This board needs them like Bush needs to renew is membership at Mensa...
     
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  6. P@triot
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    P@triot Gold Member

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    You mean other than refusing drilling and blocking the Keystone Pipeline? Gee, other than those MASSIVE energy policies, nothing I guess... :cuckoo:
     
  7. P@triot
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    P@triot Gold Member

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    In other words, these indisputable FACTS are so damning, we idiot Socialists better change the conversation quickly and talk about Bush!!! :lol:
     
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  8. freedombecki
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    freedombecki Let's go swimmin'! Supporting Member

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    Other issues link:


    23 - According to U.S. Representative Betty Sutton, an average of 23 manufacturing facilities permanently shut down in the United States every single day during 2010.


    35 - U.S. housing prices are now down a total of 35 percent from the peak of the housing bubble.


    40 - The official U.S. unemployment rate has been above 8 percent for 40 months in a row.


    48 - Shockingly, at this point 48 percent of all Americans are either considered to be "low income" or are living in poverty.

    53 - Last year, an astounding 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed.


    61 - At this point the Federal Reserve is essentially monetizing much of the U.S. national debt. For example, the Federal Reserve bought up approximately 61 percent of all government debt issued by the U.S. Treasury Department during 2011.


    71 - Today, 71 percent of all small business owners believe that the U.S. economy is still in a recession.


    81 - Credit card debt among Americans in the 25 to 34 year old age bracket has risen by 81 percent since 1989.

    $5,000,000,000,000 - The U.S. national debt has risen by more than 5 trillion dollars since the day that Barack Obama first took office. In a little more than 3 years Obama has added more to the national debt than the first 41 presidents combined.
     
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  9. Shelzin
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    Shelzin Equal Opportunity Asshole

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    • I don't know what the fuck you are smoking but gas prices at the pump haven't been even close to $1.85... And throughout the Bush era it was a hell of a lot higher. You remember the whole war thing right?

      I'm sorry but are you expecting people not to remember this?

      What the fuck do you want another subsidy for the oil companies? How else would the president bring the price of gas down? God damn I can't believe you'd post such complete stupidity. I mean WHY? Why would you want people to think you are stupid enough to believe this?
     
    Last edited: Aug 7, 2012
  10. Greenbeard
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    Greenbeard Gold Member

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    Now imagine your name is Mitt Romney.
     

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