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The Results of Obama’s Hope and Change

  • Posted by Jon McKeone October 30, 2012 - Filed in 2012 PRESIDENTIAL - #  #economic reality  #Barack Obama  - 289 views

    · Unemployment still in double digits and worsening

    · 80% of college grads cannot find work in chosen profession

    · Over 40% of Americans now on federal assistance (an all-time high)

    · National debt UP 60% since taking office (over $16 trillion)

    · An 84% failure rate on “green” taxpayer investments that most taxpayers opposed

    · Average American income DOWN over $4000 per year

    · Home values still DOWN more than 30% nationally

    · Businesses are closing and investors are leaving America

    · Obama has sent more jobs overseas than all of the last five presidents combined

    · Cost of gas UP 137%

    · Cost of potatoes UP 306%

    · Cost of butter and coffee UP more than 150%

    · Beef, milk and flour UP more than 100%

    · Eggs and rice UP over 70%

      

    Inflation is the most punishing tax of all – printing and borrowing 42 cents for every dollar the government spends is suicidal.

     

    source: Dick McDonald 

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