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Obama’s 2010 Economic Estimate For 2014 Off By $1 Trillion
Daily Caller ^ | 03/30/2015 | Neil Munro

Posted on 03/30/2015 1:52:35 PM PDT by george76

It highlights the huge gap between Obama’s promise that his progressive, big-government economic policies would jump-start the economy, and the hard reality of America’s complex society and economy.

The failure of Obama-economics was highlighted March 28, when the federal government admitted that the economy grew only 2.2 percent in 2014.

...

Since 2009, the U.S. population has grown from 305 million to 321 million, including 11 million illegals.

...

Even as he doubles down on his high-regulation, high-immigration policies, Obama insists that his top priority is increasing wages.

...

But he’s continuing to rapidly add immigrants to the nation’s flooded jobs marketplace.

Since 2009, roughly 9 million foreign workers have joined the economy, alongside 24 million young Americans. The nation’s workforce consists of 157 million Americans and prior immigrants, of whom 8.7 million were looking for jobs.

In February 2015, only 62.8 percent of the working-age population held a job or had tried to find a job during the last several weeks.

In November, Obama announced he would provide work permits and residency cards to 5 million illegal now living in the United States.

In November 2014, one in every five U.S. jobs was held by a foreign-born worker, up from one-in-six jobs in January 2010

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


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: employment; failure; g77; jobs; obamaeconomics; unemployment

1 posted on 03/30/2015 1:52:35 PM PDT by george76
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To: george76

Obama not finished with us yet.


2 posted on 03/30/2015 1:58:16 PM PDT by stephenjohnbanker (My Batting Average( 1,000) (GOPe is that easy to read))
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To: george76

The destruction of America still at the top of the list.


3 posted on 03/30/2015 2:00:43 PM PDT by EagleUSA (Liberalism removes the significance of everything.)
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To: george76

The destruction of the United Stated is still a top priority of King Obama. He is continuing the slaughter of America and the worst part of it is at least half of Americans have no idea. They just happily tread along like jackass and will never get the message until welfare is cut off. Then when their little gravy train disappears all shi! will happen like the way it did in recent Greece.


4 posted on 03/30/2015 2:14:08 PM PDT by Logical me
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To: george76
...including 11 million illegals.....

It's been damn near the same number since Clinton was impeached.
5 posted on 03/30/2015 3:02:45 PM PDT by stylin19a (obama = Eddie Mush)
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