Wednesday, September 19, 2012

Let's Spend Some More Money, Mr. President


Here we go again --President Obama is spending your tax dollars to bail out his failed economic plan (remember Stimulus 1 and Stimulus II?). It's more of the same from an out-of-touch president with no plan to fix our economy and put Americans back to work.

This past week, Federal Reserve Chairman Ben Bernacke announced the FED would print $40 billion every month to prop up this administration's jobless recovery -- that's money we can't afford for jobs we will never see. Every Month?! Whoa!


So, what did we get for the money the president blew on his plan?

  • 43 months of record unemployment; the government started publicizing unemployment numbers in 1948. in the years from Presidents Harry Truman through George W. Bush, America had a total of 39 months of an unemployment rate above 8%. President Obama alone at this writing is at 43 months at 8% and counting
  • 23 million Americans unemployed, underemployed, or no longer looking for work; 
  • $16 trillion debt; four trillion-dollar deficits 
  • Household incomes that have fallen more than $4,000
  • Unemployment above 8% - Obama promised 5% be end of his first term 
  • A record 46.7 million Americans -- or roughly one in five adults -- used food stamps in June of this year. Food stamp use has jumped 51% since 2008 


Well put, Mr. President!

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