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33 Shocking Facts Which Show How Badly The Economy Has Tanked Since Obama Became President
Zero Hedge ^ | August 20, 2013 | Michael Snyder

Posted on 08/25/2013 4:51:03 AM PDT by Zakeet

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To: goodwithagun

It’s not just anecdotal evidence (excerpted from Wikipedia):

2007–08 world food price crisis
http://en.wikipedia.org/wiki/2007%E2%80%9308_world_food_price_crisis

Contents
1 Drastic price increases

1.1 World population growth
1.2 Increased demand for more resource intensive food
1.3 Effects of petroleum and fertilizer price increases
1.4 Declining world food stockpiles
1.5 Financial speculation
1.5.1 Commodity index funds
1.6 Effects of trade liberalization
1.7 Effects of food for fuel
1.8 Biofuel subsidies in the US and the EU
1.9 Idled farmland
1.10 Agricultural subsidies
1.11 Distorted global rice market
1.12 Crop shortfalls from natural disasters
1.13 Soil and productivity losses
1.14 Rising levels of ozone

.....

4 Unrest and government actions in individual countries and regions

4.1 Bangladesh
4.2 Brazil
4.3 Burkina Faso
4.4 Cameroon
4.5 Côte d’Ivoire
4.6 Egypt
4.7 Ethiopia
4.8 Haiti
4.9 India
4.10 Indonesia
4.11 Latin America
4.12 Mexico
4.13 Mozambique
4.14 Pakistan
4.15 Myanmar
4.16 Panama
4.17 Philippines
4.18 Russia
4.19 Senegal
4.20 Somalia
4.21 Tajikistan
4.22 Yemen

Food price decreases

In December 2008, the global economic slowdown, decreasing oil prices, and speculation of decreased demand for commodities worldwide brought about sharp decreases in the price of staple crops from their earlier highs. Corn prices on the Chicago Board of Trade dropped from US $7.99 per bushel in June to US $3.74 per bushel in mid-December; wheat and rice prices experienced similar decreases.[157] The UN’s Food and Agriculture Organization, however, warned against “a false sense of security”, noting that the credit crisis could cause farmers to reduce plantings.[158] FAO convened a World Summit on Food Security at its headquarters in Rome in November 2008, noting that food prices remained high in developing countries and that the global food security situation has worsened.

By early 2011 food prices had risen again to surpass the record highs of 2008. Some commentators saw this as the resumption of the price spike seen in 2007–08. Prices had dropped after good weather helped increase grain yields while demand had dropped due to the recession.


21 posted on 08/25/2013 7:48:14 AM PDT by P.O.E. (Pray for America)
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Oh, and I forgot to mention: the main causes of the French Revolution were unemployment and hunger.


22 posted on 08/25/2013 7:49:32 AM PDT by P.O.E. (Pray for America)
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To: Zakeet

#5 40 percent of all workers in the United States actually make less than what a full-time minimum wage worker made back in 1968.
Proof that he has sh*t for brains Jimmy Carter smiles.


23 posted on 08/25/2013 7:50:07 AM PDT by Vaduz
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To: muir_redwoods
You’re right but all the oil WE need is in our ground and the government refuses to license extraction.

Ditto that, and I think we can add the war on coal to the list.

24 posted on 08/25/2013 8:49:08 AM PDT by EVO X
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To: M Kehoe

wow...I blame the idiot drone socialists that elected him more than him!


25 posted on 08/25/2013 8:53:13 AM PDT by fabian (" And a new day will dawn for those who stand long, and the forests will echo in laughter")
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To: NoExpectations

there’s a copay for everything...I just won’t go to the dr unless its an emergency...thankfully, we aren’t on a lot of meds...


26 posted on 08/25/2013 10:01:27 AM PDT by cherry
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To: fabian
I blame a certain number of so called "conservatives" or "patriots" or "freepers" who couldn't vote for a decent man to be president and re elected this horrible, evil, communist nazi in chief....thx for nothing....

I am shocked too to see so called Christians voting for this creep....

27 posted on 08/25/2013 10:03:28 AM PDT by cherry
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To: Zakeet

Hopeless change bump

Leftists cannot defend reality


28 posted on 08/25/2013 10:05:45 AM PDT by newfreep (Breitbart sent me...)
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To: NoKoolAidforMe
you're like me....I just can't be friends with stupid evil people that vote for this crap....I've had to remove many people...a number of close family members...from facebook because I was tired of their drivel...

I've got two adult children and their spouses who voted for this guy....I'd like to tell them straight out that we had hoped to leave them some money when we're gone but the animal in chief is going to make sure everything we have is taken by the govt, so so sorry kids....my life's work for you won't be yours afterall...and its all your fault...

29 posted on 08/25/2013 10:06:25 AM PDT by cherry
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To: Zakeet

BUMP


30 posted on 08/25/2013 10:38:35 AM PDT by Roses0508
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To: cherry

Yes..true but blame also the stupid Republican establishment for not putting forth a true conservative! Romney also...for not having the wisdom to see also that he was one of our very worst candidates! What an ego.


31 posted on 08/25/2013 11:02:39 AM PDT by fabian (" And a new day will dawn for those who stand long, and the forests will echo in laughter")
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To: equaviator

What I mean by ‘not a political issue’ is that I feel as though someone’s political views are more of a moral thing than just ‘political’. I am a registered republican. I come from a long line of democrats even though my family is really conservative in their values. I love my country. I believe in the Constitution. I believe that abortion is the greatest moral wrong of our lifetime. I am a Christian. I support our military. Basically, everything that the party of Ronald Reagan used to stand for (or at least as I believed it.) More and more, my own family members have moved away from the democrat platform and either voted republican or changed their party affiliation.

I could not be friends with someone who say supported abortion, limiting my rights as guaranteed under the Constitution, supports same-sex ‘marriage’, etc. I am very disgusted at what the republican party has turned into especially in my own state—New York. They are practically democrats and worse, they no longer have any conviction.

So many elected officials no longer believe in anything. It is all about getting elected and staying in office. They do not care about us.

Sorry for the long-winded post, but my level of cynicism has grown exponentially since Zero became America’s dictator. I really pray for our next Ronald Reagan to save us, but I don’t see anyone who can do it.

Eh.


32 posted on 08/25/2013 11:12:39 AM PDT by NoKoolAidforMe (I'm clinging to my God and my guns. You can keep the change.)
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BOOKbump


33 posted on 08/25/2013 5:24:19 PM PDT by S.O.S121.500 (Case back hoe for sale or trade for diesel wood chipper....Enforce the Bill of Rights. It's the Law!)
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To: fabian

wow...I blame the idiot drone socialists that elected him more than him!


You assume legitimacy in the ballot..........can I say “Fool”?


34 posted on 08/25/2013 6:36:05 PM PDT by S.O.S121.500 (Case back hoe for sale or trade for diesel wood chipper....Enforce the Bill of Rights. It's the Law!)
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To: S.O.S121.500

Yes, there was ballot tampering...so why the hell isn’t it investigated?


35 posted on 08/25/2013 9:00:35 PM PDT by fabian (" And a new day will dawn for those who stand long, and the forests will echo in laughter")
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To: fabian

why the hell isn’t it investigated?


Shortage of Repblipoop spines and the testicles to hang from them.....


36 posted on 08/25/2013 9:51:59 PM PDT by S.O.S121.500 (Case back hoe for sale or trade for diesel wood chipper....Enforce the Bill of Rights. It's the Law!)
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To: vladimir998

those 40% are probably limited to p/t hours.


37 posted on 08/26/2013 3:22:06 PM PDT by TurboZamboni (Marx smelled bad & lived with his parents most his life.)
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To: Zakeet

bfl


38 posted on 01/17/2014 9:34:18 AM PST by NWHawk (Not Quirky)
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To: Zakeet

http://www.libertyfederation.com/33_shocking_facts_which_show_how_badly_the_economy_has_tanked_since_obama_became_president


39 posted on 01/17/2014 9:36:40 AM PST by csmusaret (Will remove Obama-Biden bumperstickers for $10)
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