Posted on 04/21/2010 6:23:51 AM PDT by jmaroneps37
A new report from Americans for Limited Government (ALG) clearly shows that the Democrats have destroyed our economy since they took control of our lives in January of 2007.
The most eye catching of ALG’s data items is the sad comparison of the rate of 4.6% unemployment at the start of 2007 and today’s alarming 9.7%. In real terms this means while there were about 7 million unemployed workers when the Democrats took over, today that number has more than doubled to 14.8 million out of work Americans.
At the rate they are going these swollen and devastating numbers will be with us as far as the eye can see, even by the Democrats’ own admission. The Democrats attempt to tell us to shut up because “this is the new state of the national economy” makes it even more important that we roll up our sleeves to fight for our freedoms.
The length of time Americans are unemployed has spiraled upward with a dizzying speed. In the month of January 2007 the average unemployment recipient had been on the rolls for 16.2 weeks. Today that too has all but doubled to 30.2 weeks with no end in sight.
In January 2007, when the Democrats took the reigns of government, America actually had a monthly surplus of $38.2 billion, as per data available from the Treasury Department. At the start of January this year, just three years later we sagged under the weight of a $46.6 billion monthly deficit.
More than this, when the Bush Administration combined with a Republican controlled Congress turned in a monthly surplus in January 2007 it was an increase of $21 billion over January 2006. During the final year of the last GOP controlled Congress, Treasury receipts increased “13% year-over-year to a record $260.6 billion.”
(Excerpt) Read more at collinsreport.net ...
Leftists have been working on destroying America for over 100 years and it looks like they are succeeding at the moment.
FYI: The last Republican Congress had a budget deficit of only $160 billion for FY2007. And the trend was a decreasing deficit. The Democratic Congress’ first complete budget cycle was FY2008 and had a budget deficit of $454 billion. For FY2009 with Obama and a Democratic Congress the budget deficit was $1.4 trillion dollars.
Attention, Michael Steele!
They're in control of spending, and have been spending our money like they won the worlds lottery.
They like to blame it on Bush. Heck, every time they pass gas they blame it on Bush. This chaos belongs to them. This mess is all theirs. I just wish the liberal press was on Americas side for once and brought this to Americas attention. The country would be a much better place because of it.
“monthly surplus of $38.2 billion, to a $46.6 billion monthly deficit”.
...that says it all. What are we getting in return? 10% unemployment and Obamacare that will increase these figures big time!
Exactly, where is the outrage?
This affects every man woman and child in America today.
Where is the outrage?
Michael Steele must go, NOW. He doesn’t get it.
This is an obvious window of opportunity, but The Historic leader of the RNC has his head up his @$$.
July 3, 2008 - “I’m going to start calling the POR (Pelosi-Obama-Reid) Economy.” - TBlumer http://www.bizzyblog.com/2008/07/03/the-pelosi-obama-reid-recession-porr-may-have-begun/
Ping for later.
ping for research
We have over 100 trillion in unfunded liabilities to SS and Medicare...we are 12 trillion in debt...those are the numbers.
Hope and change?
The outrage is out there. It is the tea party rallies. But the media chose sides and will fight on the side of the marxists. The idiots don’t understand what happens to the press under a marxist rule. They will learn soon enough.
The dems and the msm talked this economy into the crapper for over two years, just to regain power.
The FACTS are that a GOP Congress and Republican White House are the best thing we can do for eliminating the deficits. For however much the "my-way-or-highway" conservative element bellyaches about the "drunken sailor" spending of Bush and the GOP, the FACTS are that the deficit consistently shrunk under their leadership, trending towards zero.
Excellent chart! I was hoping someone had put that together of just Congress vs. Deficit.
Could you post a link please, the liberal weenies wont accept it without one.’Course, they wont accept it with one either.
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