megimoo
06-24-2011, 06:11 PM
Did somebody say political disconnect?
When Barack Obama became president of the United States, the national unemployment rate was 7.3%. Today, it is 9.1%, almost 14 million American workers idle. Millions more if you count those who've surrendered to no paycheck.
This despite the spending of $787 billion in stimulus money that was promised to keep unemployment below 8% and generate hundreds of thousands of jobs each month by last year. In May the private sector created 54,000 new jobs.
The Federal Reserve estimates unemployment by the fall of 2012 will be somewhere between 7.8% and 8.2%. No incumbent president in 75 years has been reelected with unemployment above 7.2%.
When Barack Obama became president, the national debt was $10.6 trillion. Today, it is $14.3 trillion, a 35% increase in 885 days. Borrowing of nearly $4.2 billion every day, photo op or not.
http://latimesblogs.latimes.com/washington/2011/06/obama-very-proud-of-his-record.html
When Barack Obama became president of the United States, the national unemployment rate was 7.3%. Today, it is 9.1%, almost 14 million American workers idle. Millions more if you count those who've surrendered to no paycheck.
This despite the spending of $787 billion in stimulus money that was promised to keep unemployment below 8% and generate hundreds of thousands of jobs each month by last year. In May the private sector created 54,000 new jobs.
The Federal Reserve estimates unemployment by the fall of 2012 will be somewhere between 7.8% and 8.2%. No incumbent president in 75 years has been reelected with unemployment above 7.2%.
When Barack Obama became president, the national debt was $10.6 trillion. Today, it is $14.3 trillion, a 35% increase in 885 days. Borrowing of nearly $4.2 billion every day, photo op or not.
http://latimesblogs.latimes.com/washington/2011/06/obama-very-proud-of-his-record.html