Posted on 10/10/2011 4:37:14 AM PDT by Kaslin
Listening to President Obama speak to the Congressional Black Caucus about his past 32 months in office, two bizarre facts become apparent. First, Obama seems to believe that his policies and efforts have been successful. Second, Obama thinks we need to continue down the same path, that he "stood up for a different vision and did what was right. The future rewards those who press on."
Sadly, it would seem that our President is not merely wrong, but delusional. Let’s take a look at what Obama’s policies have actually produced.
Largest wealth destruction in American history: Net Wealth Lost 2009-2011 --$8.7 Trillion
Highest sustained Unemployment in decades: 9.1%
Brutal Unemployment for minorities: Black Americans : 16.7%
Unprecedented Unemployment: Black Teenage Americans :46.5%
Historic loss in American credit: U.S. Credit Rating drops to: AA-plus
Historic jump in Number of people in U.S. on Foodstamps : 45.8 Trillion
Quixotic investment in mythic Green Jobs : $80 billion
· Supposed Number of Green Jobs Created : 255,000
· Approximate Cost of each Green Job: $313,725.50
Stimulus Program: TARP : $475 Billion
Stimulus Program: Shovel Ready projects : $787 Billion
Stimulus Programs: Cash for Clunkers : $3 billion
Stimulus Programs: Cash for Caulkers : $10 Billion
Changes in Unemployment after $1.5 Trillion of government stimulus: +3% change
Averaged cost of a gallon of gas : $3.45 +$1.25 change
New Regulations 2009-2011 : 75 Major New Regulations, 1,827 Rules Amended
Executive Orders signed by Obama : 96
Cost of New Regulations : + $1.75 Trillion annually
Public Debt : $18.8 Trillion
2012 Federal Budget Proposed by Obama : $3.73 Trillion
Percentage of Americans that pay no taxes: 51%
Percentage of Federal Spending required from borrowing: 40%
Percentage of Government Spending on Entitlements: 60%
Number of Obama proposals to limit entitlement spending: ZERO
By any measure, President Obama’s economic policies and leadership have produced an unambiguous tale of woe. Not once has a single Obama policy produced the anticipated or promised benefits. Moreover, these many policies have made existing problems much worse.
During Obama's presidency, Americans have lost a collective $8 trillion in national wealth. Even now, his policies continue to crush business development, rob the prudent of their savings, and continue the awful trend of blaming others for his own inexperience and his policy mistakes. Perhaps the saddest fact of all is that President Obama believes that these failures represent success.
45.8 Trillion
Uhhh...
Government campaign of dependence. Another Alynski/cloward piven program, overwhelm the system into collapse.
I think they meant the number of people in the universe on Foodstamps....
Amen.....and the writer is wrong...it’s WORKING just as Obama planned it....TOTAL COLLAPSE.
Yes but he is a clean, articulate negro with a nice smile.
Quite a record!
Lurita, you need an editor.
And he being identified with the “occupiers” who can’t produce a lot of new votes for him. The whole thing is a puffball, including Obama.
Bump for later
Ah, that explains why I see so many flying saucers parked at the Shop-Rite.
Trillion is the new billion.
Yeah, he is insane. He is like the lotto players who have played the same number for 10 years and know they should stop, but are afraid the moment they do, that number will then come up.
That's the number of "people" signed up for foodstamps.
Link says 45.8 million. Was a typo but is understandable with this administration. They throw trillions around like it was nothing.
Depends upon what his objective was/is. If it was to destroy America, he HAS succeeded.
Underlying the Machiavellian plotting of the Clowards, Pivens, Alinskys, Ayers, etc. is that they actually believe in this pathetic socialist/Marxist tripe.
don’t tell Obama what comes after trillion...
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