Skip to comments.Then and Now. Economic Statistics against Øbama. [Vanity]
Posted on 10/30/2012 9:43:37 AM PDT by bjorn14
I will be appearing on a Norwegian TV program on Election night giving analysis on why Øbama shouldn't/won't be elected. I'm looking for some hard economic numbers on what it was when he took over and what it is now. Any other insight would be welcomed. I am not sure if there will be a Liberal to defend him but I better be prepared. Thanks, my fellow FReepers.
Unless your Norwegian TV is very much different than the Swedish one you should be very happy if there is only one lefty there to defend the One.
(Sorry, I don’t have any figures at hand. But Freepers are usually a font of knowledge so you should get enough to last you through the election evening. Best of luck!!!)
try Cato.org, the American Enterprise Institute, the Heritage Foundation, the economist and syndicated columnist Thomas Sowell & the archives of his columns
and I’ll look andsee what I have in my archived “book marks”
Check the actual number of people working full time - it has declined and is the only reason the unemployment rate is not over 10%.
The price of gasoline was under $2/gal now it is just dropping back from $4.
Food prices are also increasing.
Housing construction collapsed over the last four years. Housing prices have dropped.
Household income has dropped by about 10% over the last four years. Household wealth has also declined.
Food stamp use has exploded - close to 50 million people are using them now.
Social Security is being undermined by dropping the payroll taxes which fund it. As well as the vast increase in Disability payments.
Just about every economic statistic is worse than 2008.
Don’t forget debt burden per person.
People are waking up to the fact that Dems don’t want people off welfare. They want them dependent. Given that the Dems controlled the Senate all but 7 years since 1950 and the House all but 9 years, isn’t 60 years enough for them to reduce the number of people on welfare? Yet, last summer a report (GAO, I think) showed more people in poverty, both in absolute and relative terms, than ever before. People are tired of this.
Free cell phones? WTF is that all about if not to buy votes.
You could go on and on, but I was just shooting the guy a few areas to look into.
The important facts:
"In fact, the number of people going on disability since July 2010 has been larger than the decline in unemployment by near a quarter of a million!"
Now this is something that should be easy to explain to the Norwegian viewers because this was exactly what happened to "søte bror" (for non-Scandinavians: Sweden) after the Swedish bank crash in the early 1990s. Our unemployment was disguised by an increase in long-term sick-leave and disability pensions. Unfortunately that trick had both high ecnomic and social costs, and it took us about 15 years to repair most of the harm done.