red states rule
11-11-2010, 05:18 AM
Yes Pres Obama has brought change to America. He has shown once again that liberalsim is a total and complete failure and hurts the very people it supposed to help
Let us survey the wreckage of Obamanomics, which followed in detail the opposite of every policy of Reaganomics.
Unemployment has been near 10% for over a year now, after reaching 9.7% in August 2009. The Bureau of Labor Statistics reports the U6 unemployment rate, which includes the unemployed, those marginally attached to the labor force (discouraged), and those working part time for economic reasons, at 17%, nearly the highest since the Great Depression.
African Americans suffer long-term, depression-level unemployment of nearly 16%, Hispanics 12.6%, teenagers 27.1%. The employment-population ratio, the percent of Americans with jobs, has spiraled down from over 63% in 2007 to 58.3% today.
Nearly 15 million Americans are unemployed, over 40% of those, 6.2 million, unemployed for over 6 months, also the highest since the Depression. Another 2.6 million were marginally attached to the work force, having looked for a job in the past year and given up. Another 9.2 million are working part-time "because their hours had been cut back or because they were unable to find a full-time job." That leaves 26.6 million Americans unemployed or underemployed.
The Census Bureau reports that 44 million Americans are in poverty, the highest in the 51 years it has been keeping records. A record number of Americans are on food stamps, and under Obamacare soon a record 85 million Americans will be on Medicaid, the health care program for the poor. In September, a record 100,000 Americans lost their homes in foreclosure.
http://spectator.org/archives/2010/11/10/stop-the-obama-tax-hikes
Let us survey the wreckage of Obamanomics, which followed in detail the opposite of every policy of Reaganomics.
Unemployment has been near 10% for over a year now, after reaching 9.7% in August 2009. The Bureau of Labor Statistics reports the U6 unemployment rate, which includes the unemployed, those marginally attached to the labor force (discouraged), and those working part time for economic reasons, at 17%, nearly the highest since the Great Depression.
African Americans suffer long-term, depression-level unemployment of nearly 16%, Hispanics 12.6%, teenagers 27.1%. The employment-population ratio, the percent of Americans with jobs, has spiraled down from over 63% in 2007 to 58.3% today.
Nearly 15 million Americans are unemployed, over 40% of those, 6.2 million, unemployed for over 6 months, also the highest since the Depression. Another 2.6 million were marginally attached to the work force, having looked for a job in the past year and given up. Another 9.2 million are working part-time "because their hours had been cut back or because they were unable to find a full-time job." That leaves 26.6 million Americans unemployed or underemployed.
The Census Bureau reports that 44 million Americans are in poverty, the highest in the 51 years it has been keeping records. A record number of Americans are on food stamps, and under Obamacare soon a record 85 million Americans will be on Medicaid, the health care program for the poor. In September, a record 100,000 Americans lost their homes in foreclosure.
http://spectator.org/archives/2010/11/10/stop-the-obama-tax-hikes