Skip to comments.Barack Obama’s remedial math lesson: Class warfare just doesn’t add up
Posted on 10/11/2011 2:31:16 PM PDT by bestintxas
Waving his finger at Americans, President Obama declared that income taxes must be increased, not on those who arent even paying them, but rather on those who, despite already paying the whole of the bill, somehow still arent paying their fair share. This is not class warfare, defended the redistributor-in-chief, this is math.
OK, Mr. President, Ill bite. How about this math?
Under Obamanomics, the unemployment rate has increased from 7.8 percent to 9.1 percent, and underemployment has increased from 14.0 percent to 16.2 percent. The average length of unemployment has increased from 19.9 weeks to 40.3 weeks. Median income has dropped from $52,029 per year to $49,445.
Since Mr. Obama has taken office, the total number of jobs in America has decreased from 142.2 million to 139.6 million. Most schoolchildren with a calculator would say thats a loss of 2.6 million jobs, but not Barack Obama. The White House has claimed that the stimulus created - or saved - 2.5 million to 3.6 million jobs. Off by 6 million, but close enough for government work, I suppose.
Now the administration claims that the presidents new jobs plan will create 1.9 million jobs. Please, Mr. President, the few Americans fortunate enough still to have jobs beg you: Stop creating away so many of their jobs.
(Excerpt) Read more at washingtontimes.com ...
snap that little fairy appendage right off and say, that makes four left..
We’re signing up Democratic Congressmen and women to take Remedial Economics 101. You know, basic supply and demand, how forced pricing and wages creates less supply, simple stuff like that. Think we can make Obama join them?
And we thought W’s math was fuzzy!!
Just talked to a late 20-something today. Was told they are glad to be back as a two income family. Husband working full time and she is getting unemployment for over a year. She was glad they took those taxes out of her check...except that they are not taken from her check but paid by the employer. College degrees are priceless...not!
I still wish people would start their accounting in Jan 2007. Obama and the deems seized both chambers of congress and unleashed economic hell. There is way too much bipartisan sharing on the current crisis. Dems lead this all the way.
The only math that will matter to him is 50.01% of the Electoral College come next November
After you snap it off you can tell him you just saved his three fingers and a thumb.