Since Obama took office:
-       the GDP was -8% and today it's 2.2+% (it'd be over 3.2 if not for
all the gov't layoffs in state/local -- particularly teachers)
-       the DOW was <7000K and now it's over 10K
-       the Recovery Act provided ~4million jobs (according to the CBO)
-       over 26 straight months of private sector growth, producing
over 4 million jobs
-       rescue of the auto industry succeeded in saving over a million jobs;
GM on top; Chrysler's 1Q '12 results showed earnings up over 25%
-       manufacturing jobs have increased to pre 2004 levels
-       US home sales rose 3.4% in April ’12 from March
-       federal spending is down for the 1st time in 40 years
-       taxes cut for every working American
-       taxes cut for small businesses 18x
-        $200 billion in tax relief and incentives for small business
-       exports are up over 30%; exports to Western Hemisphere up over 40%
-       3 international trade deals signed with S. Korea, Panama and Columbia
-       Affordable Care Act signed(the health care system in the US is
decimating American middle class)
-       Ledbetter Act signed
-       added ~ 900 border patrol officers
-       out of Iraq
-       killed bin Laden


On Sat, Jul 14, 2012 at 12:35 PM, Gruss Gott <[email protected]> wrote:
>
> Despite the fact I'm probably voting for him (regretfully), I find the list 
> below interesting for this reason:
>
> If real wages aren't rising in our country (for ~30 years) and the middle 
> class is being gutted, then the 1%ers MUST fill the wage gap somehow.
>
> Both parties have clearly decided to do that by allowing bad loans, growing 
> govt benefits, and paying for it all by borrowing from China.  And have been 
> doing so for at least 20 years.
>
> So this isn't a contest of policy, it's a contest of blame: do you like to 
> complain about high benefits or low taxes?
>
> Because either way you're going to get the same policy until we can't borrow 
> any longer and the economy collapses or things get suddenly and sharply 
> painful.
>
> Might be in your lifetime, might not.  Probably will be in the next 10 years.
>
> --------------------------------------
> http://www.yolohub.com/economy/70-facts-president-obama-doesnt-want-you-to-know
> The following are 70 facts that Barack Obama does not want you to see….
>
> $3.59 - When Barack Obama entered the White House, the average price of a 
> gallon of gasoline was $1.85.  Today, it is$3.59.
>
> 22 - It is hard to believe, but today the poverty rate for children living in 
> the United States is a whopping 22 percent.
>
> 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.
>
> 30 - Back in 2007, about 10 percent of all unemployed Americans had been out 
> of work for 52 weeks or longer.  Today, that number is above 30 percent.
>
> 32 - The amount of money that the federal government gives directly to 
> Americans has increased by 32 percent since Barack Obama entered the White 
> House.
>
> 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.
>
> 42 - According to one survey, 42 percent of all American workers are 
> currently living paycheck to paycheck.
>
> 48 - Shockingly, at this point 48 percent of all Americans are either 
> considered to be “low income” or are living in poverty.
>
> 49 - Today, an astounding 49.1 percent of all Americans live in a home where 
> at least one person receives benefits from the government.
>
> 53 - Last year, an astounding 53 percent of all U.S. college graduates under 
> the age of 25 were either unemployed or underemployed.
>
> 60 - According to a recent Gallup poll, only 60 percent of all Americans say 
> that they have enough money to live comfortably.
>
>
>
>
>
>
>
> 

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