25 Things Obama Doesn’t Want You To Know About The Economy
quite a while now, while people are calling me dumbass, racist, bigot, and
other names, I have been doing a lot of research on this moron in the
Whitehouse and have come to the conclusion that in order for Obama to be
re-elected he wants you to believe things are going just as he planned. He wants
everyone one within the sound of his golden voice to believe exactly what he is
saying. Shockingly it seems to be working. With an estimated 201.5 million people in the U.S. 18 plus who will be eligible
to vote in November, not all are registered. Of these, 55 million are registered
Republicans, and 72 million registered Democrats.
what gets me upset the most is the capacity they seem to be living in another
world. Most people out there, especially those with a “D” at the end of their
names, end up believing exactly what they want to believe even though the truth
is hitting them right in the face.
can use the economy for example. Obama wants everyone young and old
Conservative or Liberal to believe his policies have worked and the U.S.
economy is greatly improving. At least that is what he is telling the American
people. The mainstream media wants everyone to believe Obama is a good
president and his policies make sense so they are reporting we are in an
economic recovery, I watch “Face the Nation” every Sunday.
very large part of the U.S. population still believes the drivel of Obama and
they want to believe the economy is getting better so they are buying the crap the
mainstream media is feeding them. But IS the U.S. economy really improving as
Obama wants us to believe? The truth is NO it is not. The rate of employment
among working Americans is exactly where it was when Bush left office three
years ago and in reality household incomes, at least not those in Unions, have
actually gone down while Obama has been president. Home ownership levels and
home prices still are falling. Meanwhile, food, gasoline, and utilities
continue to become even more expensive. The percentage of Americans that have
become totally dependent on the government is at an all-time high and the U.S.
national debt has risen by more than 5 trillion dollars under Obama and STILL
he wants to raise the national debt again. We simply have not seen this type of
economic recovery since World War II.
I don’t know the first thing about economics but I know when something is wrong
when I see it. The things about the U.S. economy you are about to read are not
talked about much by the mainstream media. They want you to believe that things
are going in a direction Obama says things are headed.
to the American people the way Obama has been doing is not going to help them. It’s
like you’re speeding in a car heading for cliff, you don’t need anyone telling
you that you will be fine, instead you want someone to HIT THOSES BRAKES.
cold, hard fact of the matter is, the U.S. economy is worse now than 4 or 5
years ago. We never came close to recovering from the last recession and are
looking at still another very soon. Now, below are 25 facts about the U.S.
economy Obama does not want you to know….
The number of Americans owning homes is dropping
rapidly. According to Gallup, the current level of ownership in America is the
lowest Gallup has ever measured. www.gallup.com/poll/154124/U.S.-Homeownership-Hits-Decade-Low...
Prices of homes have fallen like a rock. They have fallen
for 6 months straight and are down a total of 35% from the peak of the housing
bubble. The last time home prices were this low was back the Bush years http://finance.yahoo.com/news/us-home-prices-drop-6th-1302351...
Last year, 53% of all college grads under 25 were
either unemployed or underemployed. http://theeconomiccollapseblog.com/archives/53-percent-of-all...
In 2007, 10% of all unemployed Americans had been
out of work for 52 weeks or longer. Today, that number is more than 30% http://www.financialarmageddon.com/2012/02/one-ugly-picture-a...
When Obama became president, the number of in America
was 2.6 million. As of the date of this blog, it’s at 5.3 million. http://www.bls.gov/news.release/pdf/empsit.pdf
The average unemployment in America is 3 times as
long as it was back in the year 2000 after the Clinton years. http://research.stlouisfed.org/fred2/series/UEMPMEAN
Although the mainstream media wants us to believe,
the truth being is the percentage of working age Americans employed is not
increasing. In March 2010, 58.5% of all working Americans were employed. In
March 2011, 58.5% of all working Americans were employed. In March 2012, 58.5%
of all working Americans were employed. So, can someone please tell me how Obama
can EVEN claim the employment situation in America is getting better? The
employment rate is still standing exactly where it was when the last recession
was supposed to have ended. http://data.bls.gov/timeseries/LNS12300000
In 1950, more than 80% of all men in the U. S. had
jobs. Today, fewer than 65% of all men in America have jobs. http://research.stlouisfed.org/fred2/series/LNS12300001
In 1962, 28% of all jobs in America were
manufacturing jobs. Last year, 2011, only 9% of all jobs in America were
manufacturing jobs, all others have been outsourced or have moved to avoid
paying the higher taxes. http://finance.yahoo.com/news/farewell-u-factories-021022422....
Now why am I not surprised to know that in some
areas of Detroit, Michigan it is possible to buy a 3 bedroom home for less than
a $1,000 but the problem is it will cost you thousands of dollars to make them
According to a recent survey, about 1/3 of all
Americans aren’t paying their bills on time at this point. http://heraldnews.suntimes.com/business/11698828-420/one-in-t...
Since Obama came to the White House, the price of
gas has risen over 100%. I have a receipt from BP dated 10/15/2008 where I paid
$1.96 a gallon and as of this past Sunday I paid $3.71 a gallon. You do the
The student loan debt continues to rise at an
extremely fast pace. I just found student loans in America have passed the $1trillon
Did you know that 1 out of every 4 jobs in America
pays $10 an hour or less. http://www.mybudget360.com/low-wage-america-middle-class-inco...
Household incomes all over America continue to
fall. After adjusting for inflation, median household income in America declined
7.8% since December 2007. http://economy.money.cnn.com/2012/03/06/economy-improves-inco...
Over the past 40 plus years, the people dependency on
the government has soared in America. The following is described to how the growth
of social welfare benefits in one recent article… In 1960, social welfare
benefits made up about 10% of all salaries and wages. In 2000, welfare benefits
made up about 21% of all salaries and wages. As of 2012 the welfare benefits
make up about 35% of all salaries and wages. http://www.cnbc.com/id/41969508 or
In November 2008, 30.8 million Americans were on
food stamps. Today, over 46 million Americans are on food stamps. http://www.fns.usda.gov/pd/34snapmonthly.htm
Right now, over 25% of American children are on
food stamps. http://endoftheamericandream.com/archives/45-signs-that-ameri...
According to the 2010 U.S. Census Bureau, today 49 percent of all Americans live in a
home that receives some form of benefits from the federal government. http://news.investors.com/article/598993/201201260805/entitle...
Over the next 75 years, it is said that Obamacare’s
Medicare is facing unfunded liabilities of more than $38 trillion dollars. That
comes to $328,404 for each and every household in America. http://cnsnews.com/news/article/medicare-faces-unfunded-liabi...
During the first quarter of 2012, America’s debt
rose by $359.1 billion dollars. U.S. GDP only rose by $142.4 billion dollars. http://www.zerohedge.com/news/chart-day-change-q1-american-de...
At this point, the national debt is rising by more
than $2 million dollars every single minute. http://endoftheamericandream.com/archives/barack-obama-lets-s...
The national debt has risen by more than $5
trillion dollars since Obama first took office. In just a little over 3 years
Obama has added more to the national debt than the first 41 presidents
combined. I have often said that Obama spent in 3 years what took Bush 8 years
but I guess according to Obamanomics More is less if you are a Liberal and Less
is non-existent if you are a Conservative. http://www.treasurydirect.gov/NP/BPDLogin?application=np
The Federal Reserve bought up approximately 61% of
all government debt issued by the U.S. Treasury Department during 2011. http://www.moneynews.com/Headline/fed-debt-Treasury/2012/03/2...
The Federal Reserve steadily destroys the value of
the U.S. dollar. Since 1970, the U.S. dollar has lost more than 83% of its
all over America are feeling that something has changed. Businesses around for
generations are shutting their doors and there’s more fear in the air. I read
an article from a guy named Yamarone who says …”You have to listen to what
the small businesses are telling you and right now they are telling you, ‘Hey,
I’m the head of a 3rd or 4th generation, 75 or 100 year old business, and I’ve
got to shut the doors’ or ‘I’ve got to let people go. And if I’m hiring anybody
back, it’s only on a temporary basis.’ Sometimes they do this through a hiring
firm so that they can sidestep paying unemployment benefit insurance. So that’s
what’s really going on at the grassroots level of the economy. Very, very,
grossly different from what you’re seeing in some of these numbers coming out
in earnings releases.”
over the place, millions of Americans are desperately looking for work. They
have been told by Obama and his crew “the recession is over”, but they are finding
it incredibly difficult to find anyone that will hire them. Oh, there is work
out there flipping burgers or waiting on tables in restaurants that are
frequented by those already employed but the tips are usually non-existent or
are like 1% of the check.
the mean time Obama and his family continue to live the high on the hog at the
expense of the U.S. taxpayer. Even some Democrats are starting to get upset
line it is not right that Obama and his family be spending millions and millions
of taxpayer dollars on luxury vacations when so many Americans are deeply
suffering. What was his quote “We all need to pull our belts in during this
economic crisis” or something like that. But, you see Obama doesn’t want you to
know any of this stuff. He just wants you to buy into his propaganda once more
time so that he can continue to occupy the White House for another four years.
This time I have a feeling that should he succeed he will to something to
change that part of the Constitution that limits the term of a president.
do you think of this?
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