Skip to comments.Obama’s Historic Presidency (Obamanomics Explained)
Posted on 06/14/2012 4:37:59 PM PDT by Whenifhow
Historic may be an understatement when describing Barack Obamas Presidency. When we consider what Obama has done in his first term, it is easy to see that he has excelled in many areas that prior Presidents have never thought to tread. As we explore some of Obamas historic achievements, his definition of change becomes clearer.
Unemployed College Graduates: For the first time in US history, there are more jobless people who attended college than those who didnt; a historic Obama achievement.
Poverty: The US now has the highest poverty rate ever! All prior Presidents failed to plunge more families into poverty than Obama. Imagine how many more families can slide into poverty if Obama gets a second term. Hell be able to beat his own historic record.
Food Stamps: Obama has broken all records when it comes to doling out food stamps. Before Obamas Presidency, $39 billion from taxpayers was spent for food stamp recipients. In 2012, $81 billion is now spent on food stamps thanks to Obamas historic increase in less than 4 years in office. Hes done an outstanding job of implementing the Cloward & Piven strategy.
Unemployment Rate: If the labor force was the same size now as when Obama took office, unemployment is at 11%. The historic decline of the US labor force during Obamas Presidency has put us back to what it was in 1981. If we include people who are underemployed in todays labor force, the unemployment rate is actually 14%. Even if we consider the BLS unemployment rate, which was 7.3% when Obama took office, we know he promised it wouldnt hit 8%. Well, it has remained above 8% throughout his Presidency and has remained high for the longest time-period in recorded history. Obama has decreased private sector jobs and increased government jobs. Since there are 7.7 million less working people since Obama took office, his current claim that he created over 4 million jobs is nothing short of a historic lie.
Economic Recovery: In 2008 under President Bush, TARP was a massive, and arguably deceptive spending bill designed to avert a professed financial collapse when the Carter-Clinton-Cuomo Community Reinvestment Act chickens finally came home to roost. Just months later when Obama took office in 2009, he doubled-down with his Omnibus bill (filled with 9000 earmarks, which he signed behind closed doors), the largest Stimulus spending bill in US history, plus other 2009 spending bills passed by the Democrat-controlled House and Senate totaling $4+ trillion. Despite the most massive government spending in one year by any President ever Obama has managed to ensure the worst economic recovery in history! But wait Obamas historic achievement gets better since the Harry Reid-controlled Senate has refused to pass a budget each year since Obamas 2009 $4+ trillion spending bills, continuing resolutions have refunded all of those bills. Thats right all of Obamas 2009 spending bills, including the failed 2009 Stimulus bill, get refunded each and every year (so weve had 4 Obama Stimulus since he took office). Truly historic, isnt it?
Household Net Worth: The Federal Reserve said the median net worth of families plunged by 39 percent in just three years, from $126,400 in 2007 to $77,300 in 2010. That puts Americans roughly on par with where they were in 1992. Obamas historic achievement sealed the deal on setting American families back 20 years. Just imagine how much farther back well be if Obama is re-elected.
Gas Prices: The nationwide average was $1.84 per gallon of regular gas when Obama took office and its never looked back. Obama said that under his plan, energy prices would necessarily skyrocket. Obama is the first US President to fulfill such a promise with deliberate intent to cause significant, daily financial impact to all Americans.
Food Prices: Compare your familys food expense to what you were paying less than 4 years ago and youll see the steep rise in food prices not to mention the shrinking package sizes. Obama has seized on the rising food prices by inspiring large cities throughout the nation to ban Americans from feeding the hungry and donating to food banks. No President in the history of our nation has ever taken such a historic step.
Home Ownership: Obamas historic success reversed 46 years of progress made by American families when home ownership hit its lowest level since 1965 on his watch and despite all his mortgage bailout gimmicks, slush funds and massive bailouts for government-owned-and-operated Fannie Mae and Freddie Mac.
Corporate Tax Rate: Thanks to Obama, the US enjoys the highest jobs-killing corporate income tax rate in the industrialized world! Businesses are handing over more of their hard-earned dollars to Obama than in any other industrialized country on the planet. This is a historic achievement which enables businesses to feed Obamas government leviathan rather than spend that money on salaries and benefits for new employees.
National Debt: Obama has spent more of our money than any head-of-state in the history of the world. In less than 4 years, Obama succeeded in over-spending by over $5 trillion, causing our national debt to rise beyond our entire yearly US GDP. In other words, he spent all of the $2 to $3 trillion per year that taxpayers gave him, plus an additional $1.3 trillion each year, which caused an accumulated debt in excess of $5 trillion in less than 4 years. [Note: National Debt was $10.6 trillion when Obama took office; its now nearly $16 trillion]. In addition, the amount of US Debt held by the Federal Reserve (a private banking cartel) increased by a historic 452% under Obama and now sits at $1.688 Trillion.
US Credit Rating: For the first time in the history of our nation, we lost our AAA credit rating. No other US President has ever achieved this. Obamas accomplishment in this area is absolutely historic.
Industry Takeovers: Food, healthcare, banks, student loans, energy, land, homes, farms, cars, water, the internet, the media and the list goes on. Obama has taken over more private sector industries than any other President in history. In addition to nationalizing numerous industries to put an end to our pesky free market system thats made America the most generous, advanced and prosperous nation the world has ever known, Obamas masterful assault extends to controlling what we, as individuals, must do and cannot do with regard to our own bodies, our faith, our families and all other aspects of our lives. Obamas historic achievement in this arena is unprecedented.
Small Businesses: Remember when Bush opened the door for Obama to take over the auto industry and dealerships were forced to close? Obama hand-picked and dictated the closure of dealerships owned by people who leaned right politically. Also, from the start of his Presidency, to the outrageous assault against Gibson Guitars, to all the people Obama put out of business (fishermen, farmers, workers in the oil, coal and natural gas industry, retailers, restaurants, etc.), to the burdensome regulations from Cass Sunstein that prevent people from even starting a business, Obama has waged a historic war against small businesses and has done a spectacular job of de-industrializing America. If re-elected, we wont need to worry that our children can no longer put up a lemonade stand or have a bake sale; well be worried about feeding our children. Obamas mission of transforming America into a third world country will be complete something no US President in the history of our nation has ever even attempted.
Religion: Obama is carrying out the most intense and vicious attack against religion, in violation of the first amendment, than any President in the history of our nation. As David Barton said, The hostility of President Obama toward Biblical faith and values is without equal from any previous American president.
United Nations: Obama is the first US President ever to preside over the United Nations. Our Constitution forbids it, but Obama wouldnt be historic if he followed the laws of our land.
Russia: Believing himself off the record, President Obama, then in Russia, leaned over to outgoing Russian President Dmitry Medvedev, and said in reference to prospective negotiations on reduction of American missile defenses: This is my last election. After my election, I have more flexibility. In response, Medvedev replied in English, I understand. I will transmit this information to Vladmir, meaning to incoming President (and de facto Russian dictator) Vladmir Putin.
National Security Leaks: Obamas White House is responsible for the most dangerous and numerous national security leaks of our time. Costing Navy Seals and Special Ops Forces their lives, Obama released the identities of those who took out Osama Bin Laden. Also, from the Stuxnet cyber warfare against Iran to Obamas kill list- to the 2009 release of CIA memos to divulging Britains defense secrets to Russia to revealing Israels defense secrets to Iran to drone strikes to releasing details about the newest underwear bomb device, Obamas White House has been on a treasonous rampage by publicizing information that threatens national security and puts American lives and U.S. interests at risk. What adds to the historic nature of these crimes is Congress inability to appoint a Special Council to investigate. Obama has decided to have his Department of Injustice (Eric Holder) appoint special prosecutors to investigate the executive branch AND the legislature. Really? Unbelievable, isnt it? Perhaps Eric Holder will want Senator Dianne Feinstein (D-CA) to be the first legislator investigated since she publicly stated, Ive been on the Intelligence Committee for 11 years and I have never seen it worse, I can tell you that regarding the Obama White House leaks.
Black Panthers: Obamas injustice department dropped the charges against Defendants in the worst case of voter intimidation in our lifetime. Obamas historic mandate, carried out by Eric Holder ensures that the pursuit of justice is based solely on skin color. Violating our anti-discrimination laws in other words, letting criminals get away with their crimes based solely on the color of their skin is truly historic and reverses everything we accomplished regarding Civil Rights that ensure all men are treated equally regardless of the color of their skin.
Fast and Furious: In 2009, Obamas DOJ rolled out their new Fast and Furious gun program (after Obama and Hilary Clinton falsely claimed that 90% of the foreign guns found in Mexico come from the US). Obamas new program sent thousands of US guns to Mexican drug cartels, gangs and murderers who used them to kill Mexicans and Americans. There are many historic aspects to what Obama did, not the least of which is that he and Eric Holder have yet to be held accountable for their crimes. If you think Watergate was bad, its nothing compared to this. The mainstream media silence is deafening and also historic.
Beheadings in America: Obamas open-border policy is a historic success and the beheadings that have been happening in Mexico are now occurring here on American soil.
Suing States: For the first time in history, this President is not only suing states that are trying to protect Americans from foreign enemies who cross our borders (i.e. states are trying to enforce the laws of our land that Obama refuses to enforce), but Obama has taken it to an unimaginable level. He teamed up with dictators from other countries to jointly fight against US states that are trying to protect the American people.
Voting: Obamas historic fight against states that are doing what theyve always done in cleaning up their voter rolls before an election is unprecedented. Removing dead people, felons and illegals from voter rolls will not be tolerated by Obama. Hes also fighting states who want voters to show their ID you know like showing your ID to his TSA, FBI or at any of his government buildings if you want to enter; showing your ID in stores if you want to buy alcohol, write a check or use a credit card; showing your ID at public schools when you want to buy lunch, at universities or to police when they ask to see it. Obamas assault on states trying to ensure free and fair elections is an assault on all of us and marks another historic Obama achievement.
Other Noteworthy Obama Achievements
Golf Games: President Obama is nearing his 100th round of golf a significant milestone indeed. How many people outside of Floridas retirement communities have time to play 100 rounds of golf?
Fundraising: All told, he has now attended 163 re-election fundraisers for his campaign and the Democratic Party almost double the number George W. Bush attended in his entire first term (86) and more than any other president in history.
Lavish Vacations: The past few years have been a time for sacrifice for many, but not apparently for the Obamas.
Presidents Work Schedule: Obamas late-to-rise and partial work days are unprecedented.
There are other areas such as NASA, the NDAA, the war in Libya, the Muslim Brotherhood in our White House, Obamas role in the Arab Spring, etc. which well explore another time. For now, when we consider just the items delineated in this article, there is no denying that Obamas Presidency is historic and the impact he has had on our country is undeniable.
Although his campaign slogan is Forward, it is clear he is taking us backward. Jobs, economic stability, national security, etc he has taken us backward by decades, as reflected in home ownership at its lowest since 1965, the labor force at its lowest since 1981, poverty, food stamps and debt at their highest level in history
If this is the kind of change you are happy with, dont forget to vote for Obama in November
or dont vote at all because that will help him win too. But if this is not the kind of change you want, make sure you are registered, get to the polls on voting day and help us make sure that Obama does not get a historic second term.
That’s a very thorough list.
Half of the nation will ignore this data and vote to the Left.
Many linked sources on the blog, but links do not show up in this post
His historic presidency is actually a hysterical ( as irrational from fear, emotion, or an emotional shock) presidency.
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