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Top 10 bad economic signs for Obama
Human Events ^ | 9/22/12 | Staff

Posted on 09/22/2012 4:38:44 AM PDT by Evil Slayer

Here are the top 10 economic indicators that Obama doesn’t want you to pay attention to:

1. Unemployment rate

Despite his promise that the nearly $1 trillion 2009 economic stimulus would get America working again, the unemployment rate has been above 8 percent for 43 straight months. The current 8.1 percent jobless rate woefully understates the reality of problem. When taking into account people working part-time who want a full-time job and those who have given up looking for work, the rate is over 15 percent. Add in recent college graduates working at McDonald’s at the rate tops 18 percent.

2. Job creation

At the Democratic convention, Obama was quick to praise himself for having presided over the creation of 4.5 million jobs “over the last three and a half years.” The only problem is that he doesn’t include the jobs lost in the recession earlier in his term. A true reading of job creation under Obama shows a net gain of only several hundred thousand and he has the worst record on growing employment of any president since World War II.

3. Economic growth

Remember the “recovery summer” that Joe Biden promised in 2010? Or how Obama’s stimulus package was going to get the economy moving with all those “shovel-ready” jobs? The latest GDP report showed anemic 1.7 percent growth in the second quarter as any short-term benefit from Obama’s fiscal shot-in-the-arm has faded and now the nation is facing the possibility of a double-dip recession.

4. Food stamps

The one area of growth that Obama has presided over is the explosive increase in food stamp participation. When he took office in January 2009, fewer than 31 million Americans received food stamps. After an aggressive effort by the Obama administration to expand the program, now one-out-of-seven Americans, over 46

(Excerpt) Read more at humanevents.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS:

1 posted on 09/22/2012 4:38:48 AM PDT by Evil Slayer
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To: Evil Slayer

I agree with the premise, however, if Romney does not get the word out in an understandable, clear, simple way, and, doesn’t make a counter plan on what he’d do,then the tree fell in the woods and didn’t make a sound.


2 posted on 09/22/2012 4:50:33 AM PDT by CincyRichieRich (Keep your head up and keep moving forward!)
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To: Evil Slayer

Is that listed as a, “unique investment opportunity” or “a bargain fixer upper, bring your tools” in the MLS system? :)


3 posted on 09/22/2012 5:02:21 AM PDT by corlorde (forWARD of the state)
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To: Evil Slayer
...the unemployment rate has been above 8 percent for 43 straight months.

Doesn't matter; many of his supporters have had an unemployment rate of 100% in their families for generations.

4 posted on 09/22/2012 5:04:51 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Evil Slayer

No bat, no swing, no hit.

5 posted on 09/22/2012 5:07:14 AM PDT by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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*


6 posted on 09/22/2012 5:26:35 AM PDT by PMAS (All that is necessary for the triumph of evil is that good men do nothing)
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To: corlorde

Any info about it? Address perhaps?


7 posted on 09/22/2012 5:32:22 AM PDT by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com)
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To: corlorde
Notice the mattress in the vacant lot next door: "Large master bedroom with spectacular views."
8 posted on 09/22/2012 5:46:41 AM PDT by Alberta's Child ("If you touch my junk, I'm gonna have you arrested.")
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To: Right Wing Assault

No runs, no hits, lotts of errors.


9 posted on 09/22/2012 6:06:36 AM PDT by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: Evil Slayer

It does not matter how many bad signs there are for obama. He , as Romney stated, will still get 47% of the vote. I understand that is not 51% but whay it means is that obama will only have to get 4% more of fools and idiots. With their propganda arm, the media, going full speed for him, that should not be difficult.besides, if all else fails, there is always vote fraud and the firm that obama hired to count the votes.


10 posted on 09/22/2012 6:13:55 AM PDT by sport
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To: CincyRichieRich
I agree with the premise, however, if Romney does not get the word out in an understandable, clear, simple way, and, doesn’t make a counter plan on what he’d do,then the tree fell in the woods and didn’t make a sound.

He is at a clear disadvantage with the MSM being in the bag for Zero. How many shots have you seen of the crowds that attend Romney's speaking engagements as he campaigns? Unless it was someone who attended and took/published the pic, you probably haven't seen any. He will have a very small window as the debates come and even that will be skewed. I'd say he has done pretty well under the circumstances and seems to be fighting by tricking them into attacking things that have no meat for them to get their teeth in. Despite all this, they have to oversample Dims in order to show Zero with an advantage and it will get even worse for Zero's side as the next few weeks go by.

11 posted on 09/22/2012 6:19:25 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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