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Obama--The Numbers Don't Lie
Townhall.com ^ | October 10, 2011 | Lurita Doan

Posted on 10/10/2011 4:37:14 AM PDT by Kaslin

Listening to President Obama speak to the Congressional Black Caucus about his past 32 months in office, two bizarre facts become apparent. First, Obama seems to believe that his policies and efforts have been successful. Second, Obama thinks we need to continue down the same path, that he "stood up for a different vision and did what was right. The future rewards those who press on."

Sadly, it would seem that our President is not merely wrong, but delusional. Let’s take a look at what Obama’s policies have actually produced.

Largest wealth destruction in American history: Net Wealth Lost 2009-2011 --$8.7 Trillion

Highest sustained Unemployment in decades: 9.1%

Brutal Unemployment for minorities: Black Americans : 16.7%

Unprecedented Unemployment: Black Teenage Americans :46.5%

Historic loss in American credit: U.S. Credit Rating drops to: AA-plus

Historic jump in Number of people in U.S. on Foodstamps : 45.8 Trillion

Quixotic investment in mythic Green Jobs : $80 billion

· Supposed Number of Green Jobs Created : 255,000

· Approximate Cost of each Green Job: $313,725.50

Stimulus Program: TARP : $475 Billion

Stimulus Program: Shovel Ready projects : $787 Billion

Stimulus Programs: Cash for Clunkers : $3 billion

Stimulus Programs: Cash for Caulkers : $10 Billion

Changes in Unemployment after $1.5 Trillion of government stimulus: +3% change

Averaged cost of a gallon of gas : $3.45 +$1.25 change

New Regulations 2009-2011 : 75 Major New Regulations, 1,827 Rules Amended

Executive Orders signed by Obama : 96

Cost of New Regulations : + $1.75 Trillion annually

Public Debt : $18.8 Trillion

2012 Federal Budget Proposed by Obama : $3.73 Trillion

Percentage of Americans that pay no taxes: 51%

Percentage of Federal Spending required from borrowing: 40%

Percentage of Government Spending on Entitlements: 60%

Number of Obama proposals to limit entitlement spending: ZERO

By any measure, President Obama’s economic policies and leadership have produced an unambiguous tale of woe. Not once has a single Obama policy produced the anticipated or promised benefits. Moreover, these many policies have made existing problems much worse.

During Obama's presidency, Americans have lost a collective $8 trillion in national wealth. Even now, his policies continue to crush business development, rob the prudent of their savings, and continue the awful trend of blaming others for his own inexperience and his policy mistakes. Perhaps the saddest fact of all is that President Obama believes that these failures represent success.



TOPICS: Culture/Society; Editorial
KEYWORDS: insanity; lottoplayer; numbers
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1 posted on 10/10/2011 4:37:19 AM PDT by Kaslin
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To: Kaslin
Historic jump in Number of people in U.S. on Foodstamps :

45.8 Trillion

Uhhh...

2 posted on 10/10/2011 4:41:17 AM PDT by rickmichaels
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To: Kaslin

Government campaign of dependence. Another Alynski/cloward piven program, overwhelm the system into collapse.


3 posted on 10/10/2011 4:43:49 AM PDT by ronnie raygun (V)
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To: rickmichaels
"Historic jump in Number of people in U.S. on Foodstamps : 45.8 Trillion....
Uhhh..."

I think they meant the number of people in the universe on Foodstamps....

4 posted on 10/10/2011 4:46:21 AM PDT by Psalm 73 ("Gentlemen, you can't fight in here - this is the War Room".)
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To: ronnie raygun

Amen.....and the writer is wrong...it’s WORKING just as Obama planned it....TOTAL COLLAPSE.


5 posted on 10/10/2011 4:47:38 AM PDT by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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To: Kaslin

Yes but he is a clean, articulate negro with a nice smile.


6 posted on 10/10/2011 4:51:01 AM PDT by Joe Boucher (FUBO)
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To: Kaslin

Quite a record!


7 posted on 10/10/2011 4:53:09 AM PDT by preacher (Communism has only killed 100 million people: Let's give it another chance!)
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To: Kaslin
Re: number of folks on food stamps, from the source article: The number of Americans using the government's Supplemental Nutrition Assistance Program (SNAP) -- more commonly referred to as food stamps -- shot to an all-time high of 45.8 million in May...

Lurita, you need an editor.

8 posted on 10/10/2011 4:56:35 AM PDT by upchuck (Rerun: Think you know hardship? Wait till the dollar is no longer the world's reserve currency.)
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To: preacher

And he being identified with the “occupiers” who can’t produce a lot of new votes for him. The whole thing is a puffball, including Obama.


9 posted on 10/10/2011 4:58:03 AM PDT by Tom Bombadil
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Bump for later


10 posted on 10/10/2011 4:59:33 AM PDT by Ghengis
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To: Psalm 73
I think they meant the number of people in the universe on Foodstamps....

Ah, that explains why I see so many flying saucers parked at the Shop-Rite.

11 posted on 10/10/2011 5:00:05 AM PDT by Fresh Wind ('People have got to know whether or not their President is a crook.' Richard M. Nixon)
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To: rickmichaels

Trillion is the new billion.


12 posted on 10/10/2011 5:01:19 AM PDT by Straight8
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To: Kaslin

Yeah, he is insane. He is like the lotto players who have played the same number for 10 years and know they should stop, but are afraid the moment they do, that number will then come up.


13 posted on 10/10/2011 5:08:09 AM PDT by FreeAtlanta (Fight for Liberty)
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To: Kaslin
Number of people in U.S. on Foodstamps : 45.8 Trillion

That's the number of "people" signed up for foodstamps.

14 posted on 10/10/2011 5:08:28 AM PDT by palmer (Before reading this post, please send me $2.50)
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To: rickmichaels

Link says 45.8 million. Was a typo but is understandable with this administration. They throw trillions around like it was nothing.


15 posted on 10/10/2011 5:11:48 AM PDT by mc5cents
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Comment #16 Removed by Moderator

Comment #17 Removed by Moderator

To: Kaslin
“President Obama believes that these failures represent success.”

Depends upon what his objective was/is. If it was to destroy America, he HAS succeeded.

18 posted on 10/10/2011 5:28:51 AM PDT by Humal
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To: ronnie raygun
This is no different than what the Soviets kept doing. ‘Things aren't going well? It's not because the philosophy is wrong. It's just that it hasn't been implemented properly.. We just need to stay on course, and put forth another 5-year plan..’

Underlying the Machiavellian plotting of the Clowards, Pivens, Alinskys, Ayers, etc. is that they actually believe in this pathetic socialist/Marxist tripe.

19 posted on 10/10/2011 5:32:10 AM PDT by pieceofthepuzzle
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To: mc5cents

don’t tell Obama what comes after trillion...


20 posted on 10/10/2011 5:33:01 AM PDT by nixonsnose (Let's see all you lawyers argue your way out of hell.)
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