Obama… the numbers don’t Lie!

So here are some stats to help you when you are discussing the election with your undecided friends. These are the facts and the numbers don’t lie. It doesn’t take a CPA to figure out if something doesn’t change quickly we are headed for an economic collapse. The tipping point is already on the horizon…

The Economy, Jobs & Taxes:

America’s Rank in Global Business Competitiveness: Before BO #1 Currently #7 (Source: US News & World Report)

Current National Debt – $16.2 Trillion   (Source: US Treasury)

New Debt Added Since Obama was elected – $5.5 Trillion  (Source: US Treasury)

Your share of the National Debt – $51,419 (Source: US Treasury)

Increase in your share since Obama took office – $17,554 (Source: US Treasury)

Federal Budget Deficits – 2 highest in history: 2009 – $1.416 Trillion & 2011 – $1.298 Trillion respectively (Source: CBO)

Proposed Tax Increases in Obama’s Proposed Budget – $1.9 Trillion (Source: OMB)

New Taxes Hidden in Obamacare – $810 Billion (Source: CBO)

Medicare cuts in Obamacare: $716 Billion (Source: CBO)

# of people Officially Unemployed: 12.014 Million (Source: US Labor Dept.)

# of people Unemployed, Underemployed or have given up – 22.728 Million (Source: US Labor Dept.)

The real Unemployment Rate: 14.7% (Source: US Labor Dept.)

# of people Unemployed More than 27 weeks: 5.0 Million (Source: US Labor Dept.)

Consecutive Months of Unemployment over 8% – 43 (Source: US Labor Dept.)

Pages of new Federal Regulations since Obama took office: 11,327 (Source: Federal Register)

Healthcare, Food, Gas & Education:

Avg. Increase in the cost of a family health plan since Obama took office: $3,065 or 24.2%  (Source: The Kaiser Foundation)

# of people on Food Stamps: 47,025,030 (Source: US Dept. of Agriculture)

Avg. increase in cost of Groceries for a family of 4: 5.15%  (Source: US Dept. of Agriculture)

Increase in the price of gas: 106%  up from $1.89 to $3.89 per gallon (Source: US Dept. of Transportation)

Avg. Increase for In-State Tuition since Obama took office: 25% (Source: The college Board)

So there you have it. The numbers speak for themselves. We can’t afford to keep spending at these levels and increasing taxes stunts growth while killing jobs. We saw the same trends during the Carter Administration. Reagan corrected the problem by managing down the size of government and cutting taxes to stimulate growth. We rode that wave all the way through the Clinton Administration. We can do it again but not with a president that is more interested in “redistribution” than growth and creating opportunity.

Wake up, America! Reject Socialism and Restore the Republic!

“If we can prevent the government from wasting the labors of the people, under the pretence of taking care of them, they must become happy” – Thomas Jefferson

One response to “Obama… the numbers don’t Lie!

  1. Pingback: Obama… the numbers don't Lie! | Uncommon Sense – Current National Debt

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