Posted on 09/02/2012 8:18:59 AM PDT by nhwingut
Want a preview of the presidential debates? Then spend two and a half minutes with this clip from today’s Fox News Sunday with Chris Wallace and David Axelrod.
Wallace asks Axelrod the quadrennial question: are voters better off now than four years ago? When the man running Team Obama tries to run away from the question by talking about the tough environment Barack Obama inherited, Wallace lays out the comparison on economic statistics between January 2009 and today, and asks Axelrod again: are voters better off now than four years ago? Answer: Er ….
Video Here
Here are the stats Wallace uses:
Unemployment: 7.8% then, 8.3% now
Median income: $54,983 then, $50,964 now
Gas prices: $1.85 per gallon then, $3.78 now
National debt: $10.6 trillion then, $15.9 trillion now
Expect Mitt Romney to memorize these statistics, and perhaps toss in the civilian participation rate, which was at 65.7% in January 2009 and in June 2009 at the start of the “recovery,” but fell to a 30-year low of 63.6% in April and is at 63.7% now. That’s actually the best measure of the Reagan Metric. If this question doesn’t come from the moderators at the debates, you can bet your bottom dollar that Romney will ask it himself — and that Obama’s (non-)answer will be just as effective, and just as revealing, as Axelrod’s today.
That is telling. It is usually so easy for the Obama regime to look Americans in the eye and lie. They can’t even lie on that one because it is so obvious.
Something that oddly hasn’t made any news is the GAO report on the partial audit of the fed. Looks to me like some $16 Trillion dollars went to a handful of banks between December of 07 and July of 2010.
http://www.scribd.com/doc/60553686/GAO-Fed-Investigation#outer_page_144
Obama, Axelrod and the rest of their Crony Lefties are financially way better off having sucked away billions of our tax dollars.
It is freaking imaginary money anyway. They "create it" by adding numbers in a computer and then "loan it" to their crony politicians and make interest on that?????
Wipe it out and tell them to pound sand!
If you can’t convince them with logic, dazzle them with bullshit - author unknown.
I wish Wallace would have asked Axelrod why the President’s budgets over the last 3 years didn’t garner a single vote..even in his own party? Why should we think budgetary items of Obama will be any different in the future?
Axlerod makes oil look dry.
Romney already used the $4k difference in income yesterday in Ohio.
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I think Romney and his ad men need to keep repeating those stats (and the number of people forced to dip into their 401k’s to pay for basic living expenses, the labor force participation rate, the foreclosure rate, etc.) and emphasizing Obama’s failures for the low-information people out there until it sinks in...
I think this is something related to “fractional reserve” banking. I think some Freepers have greater knowledge than I do about that. But the idea of the fractional reserve is that money is created via bookkeeping entries, and then the money disappears as it’s paid back. However, the interest paid is money which does not disappear.
I’m sure my understanding is unclear, but, that’s what I’ve heard, that money is created out of thin air in the form of loans. And the money is there just because the banks and the federal reserve system all agree that these bookkeeping entries represent real money.
Anyway, I really don't believe anything Axelrod says nowadays anyway....
Unemployment without the massaged numbers is more like 12%. The U-6 at 16-17% and after this month it will be higher.
We just saw several more companies post WARN notices this week...
On an open discussion site the “Are you better off” question was posed. Every single lefty who responded did so in the affirmative. All but one right-winger said no. When I asked lefties why they said that they were better off each told me that they were making more money now than they were four years ago - either through wages or through investments. No other consideration was mentioned.
No matter how I demonstrated the mathematical impossibility of their claims they stuck to their collective stories.
It’s amazing how much misery these people are willing to accept in order to perpetuate their political stronghold. It’s also revealing how much misery they are willing to inflict in pursuit of that agenda.
Democrats not having a good day on Sunday TV shows. Not that it really matters, because no one with any brains or common sense watches this Obamabot media trash!!!! The DNC Freak show next week will be a major bust!!!
Hey how about 12 years ago before exporting jobs became big time. This was from the White House then. Maybe it was off and maybe it wasn’t. Bring back MADE IN USA is the answer.
The Unemployment Rate Was 4.2 Percent in 1999 — the Lowest Since 1969. The unemployment rate was 4.1 percent in December bringing the average unemployment rate for 1999 to 4.2 percent — the lowest since 1969. The unemployment rate has fallen for seven years in a row. It has remained below 5 percent for 30 months in a row. For women the unemployment rate was 4.1 percent — the lowest since 1953.
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