37 Ways Obama's First Term Wrecked The Economy



1. During Obama’s first term, the number of Americans on food stamps increased by an average of about 11,000 per day.

2. At the beginning of the Obama era, 32 million Americans were on food stamps. Today, more than 47 million Americans are on food stamps.

3. According to one calculation, the number of Americans on food stamps now exceeds the combined populations of “Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming.”

4. The number of Americans receiving money directly from the federal government each month has grown from 94 million in the year 2000 to more than 128 million today.

5. According to the U.S. Census Bureau, more than 146 million Americans are either “poor” or “low income” at this point.

6. The unemployment rate in the United States is exactly where it was (7.8 percent) when Barack Obama first entered the White House in January 2009.

7. When Barack Obama first entered the White House, 60.6 percent of all working age Americans had a job. Today, only 58.6 percent of all working age Americans have a job.

8. During the first four years of Obama, the number of Americans “not in the labor force” soared by an astounding 8,332,000. That far exceeds any previous four year total.

9. During Obama’s first term, the number of Americans collecting federal disability insurance rose by more than 18 percent.

10. The Obama years have been absolutely devastating for small businesses in America. According to economist Tim Kane, the following is how the number of startup jobs per 1000 Americans breaks down by presidential administration…
Bush Sr.: 11.3
Clinton: 11.2
Bush Jr.: 10.8
Obama: 7.8

11. Median household income in America has fallen for four consecutive years. Overall, it has declined by over $4000 during that time span.

12. The economy is not producing nearly enough jobs for the hordes of young people now entering the workforce. Approximately 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed in 2011.

13. According to a report from the National Employment Law Project, 58 percent of the jobs that have been created since the end of the recession have been low paying jobs.

14. Back in 2007, about 28 percent of all working families were considered to be among “the working poor”. Today, that number is up to 32 percent even though our politicians tell us that the economy is supposedly recovering.

15. According to the Center for Economic and Policy Research, only 24.6 percent of all of the jobs in the United States are “good jobs” at this point.

16. According to the U.S. Census Bureau, the middle class is taking home a smaller share of the overall income pie than has ever been recorded before.

17. According to the Economic Policy Institute, the United States is losing half a million jobs to China every single year.

18. The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.

19. According to the World Bank, U.S. GDP accounted for 31.8 percent of all global economic activity in 2001. That number declined steadily over the course of the next decade and was only at 21.6 percent in 2011.

20. The United States actually has plenty of oil and we should not have to import oil from the Middle East. We need to drill for more oil, but Obama has been very hesitant to do that. Under Bill Clinton, the number of drilling permits approved rose by 58 percent. Under George W. Bush, the number of drilling permits approved rose by 116 percent. Under Barack Obama, the number of drilling permits approved actually decreased by 36 percent.

21. When Barack Obama took office, the average price of a gallon of gasoline was $1.84. Today, the average price of a gallon of gasoline is $3.26.

22. Under Barack Obama, the United States has lost more than 300,000 education jobs.

23. For the first time ever, more than a million public school students in the United States are homeless. That number has risen by 57 percent since the 2006-2007 school year.

24. Families that have a head of household under the age of 30 now have a poverty rate of 37 percent.

25. More than three times as many new homes were sold in the United States in 2005 as were sold in 2012.

26. Electricity bills in the United States have risen faster than the overall rate of inflation for five years in a row.

27. Health insurance costs have risen by 29 percent since Barack Obama became president.

28. Today, 77 percent of all Americans live paycheck to paycheck at least part of the time.

29. It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.

30. The total amount of money that the federal government gives directly to the American people has grown by 32 percent since Barack Obama became president.

31. The Obama administration has been spending money on some of the most insane things imaginable. For example, in 2011 the Obama administration spent $592,527 on a study that sought to figure out once and for all why chimpanzees throw poop.

32. U.S. taxpayers spend more than 20 times as much on the Obamas as British taxpayers spend on the royal family.

33. The U.S. government has run a budget deficit of well over a trillion dollars every single year under Barack Obama.

34. When Barack Obama was first elected, the U.S. debt to GDP ratio was under 70 percent. Today, it is up to 103 percent.

35. During Obama’s first term, the federal government accumulated more debt than it did under the first 42 U.S presidents combined.

36. As I wrote about yesterday, when you break it down the amount of new debt accumulated by the U.S. government during Obama’s first term comes to approximately $50,521 for every single household in the United States. Are you ready to contribute your share?

37. If you started paying off just the new debt that the U.S. has accumulated during the Obama administration at the rate of one dollar per second, it would take more than 184,000 years to pay it off.

Read More Here: http://gopthedailydose.com/2013/01/23/37-statistics-which-show-how-four-years-of-obama-have-wrecked-the-u-s-economy/
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Anti-Gun Politicians Own Stock in Gun Companies !




Why do some gun control advocates own stock in weapons manufacturing companies?  Gun and ammo sales have gone up since Obama took office and those that owned stock in gun manufacturers have made quite a bit of money.

  • Senator Amy Klobuchar (D-MN) is a proponent of an “assault weapons” ban, who in the meantime is enjoying the money her husband makes off a $50,000 investment in the Vanguard Small Cap Growth Index fund that, as of Jan. 18, included 219,918 shares of stock in Ruger Firearms.


  • Senator Clair McCaskill (D-MO) has approximately $100,000 in the iShare Russell 2000 Growth Index, which held 254,290 shares of stock in Ruger Firearms as of Jan. 18, along with shares of Smith & Wesson as well.


  • Senator Tom Harkin (D-IA) has approximately $100,000 in the iShares S&P Small Cap 600 Growth Index–a fund which was the “the 16th largest holder” of Ruger Firearms stock as of mid-January.


  • City pensions in Mayor Rahm Emanuel’s Chicago own significant shares of funds that are heavily invested in gun companies, as are city pensions in Mayor Michael Bloomberg’s New York City.


  • In Chicago, the city’s teachers’ retirement fund has about $12 million partially invested in the company that owns Bushmaster firearms–makers of the AR-15 Adam Lanza used at Sandy Hook–as well as funds that include shares of Ruger Firearms and Smith & Wesson.


  • These anti-gun politicians are making money off the gun lobby while preaching against them. Maybe they really don’t want to take people’s firearms away. They just want to scare people into buying more so that their stocks go up.

    Read more: http://godfatherpolitics.com/9127/prominent-gun-controllers-make-money-off-the-gun-lobby/#ixzz2IyH8cXxj
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    Feinstein: Ban 150 Types of Firearms

    Democratic Sen. staged a dramatic press conference Thursday on Capitol Hill introduing the “Assault Weapons Ban of 2013”  which calls for rhe banning of 150 types of firearms, including rifles, pistols and shotguns.







    The legislation would prohibit the sale, transfer, importation and manufacture of certain firearms.

    Rifles: All AK types, including the following:

    AK, AK47, AK47S, AK-74, AKM, AKS, ARM,
    MAK90, MISR, NHM90, NHM91, Rock River Arms LAR-47, SA85, SA93, Vector Arms AK-
    47, VEPR, WASR-10, and WUM, IZHMASH Saiga AK, MAADI AK47 and ARM, Norinco
    56S, 56S2, 84S, and 86S, Poly Technologies AK47 and AKS;

    All AR types, including the following:

    AR-10, AR-15, Armalite M15 22LR Carbine, Armalite M15-T, Barrett REC7,
    Beretta AR-70, Bushmaster ACR, Bushmaster Carbon 15, Bushmaster MOE series, Bushmaster
    XM15, Colt Match Target Rifles, DoubleStar AR rifles, DPMS Tactical Rifles, Heckler & Koch
    MR556, Olympic Arms, Remington R-15 rifles, Rock River Arms LAR-15, Sig Sauer SIG516
    rifles, Smith & Wesson M&P15 Rifles, Stag Arms AR rifles, Sturm, Ruger & Co. SR556 rifles;
    Barrett M107A1; Barrett M82A1; Beretta CX4 Storm; Calico Liberty Series; CETME Sporter;
    Daewoo K-1, K-2, Max 1, Max 2, AR 100, and AR 110C; Fabrique Nationale/FN Herstal FAL,
    LAR, 22 FNC, 308 Match, L1A1 Sporter, PS90, SCAR, and FS2000; Feather Industries AT-9;
    Galil Model AR and Model ARM; Hi-Point Carbine; HK-91, HK-93, HK-94, HK-PSG-1 and
    HK USC; Kel-Tec Sub-2000, SU-16, and RFB; SIG AMT, SIG PE-57, Sig Sauer SG 550, and
    Sig Sauer SG 551; Springfield Armory SAR-48; Steyr AUG; Sturm, Ruger Mini-14 Tactical
    Rife M-14/20CF;

    All Thompson rifles, including the following:

    Thompson M1SB, Thompson
    T1100D, Thompson T150D, Thompson T1B, Thompson T1B100D, Thompson T1B50D,
    Thompson T1BSB, Thompson T1-C, Thompson T1D, Thompson T1SB, Thompson T5,
    Thompson T5100D, Thompson TM1, Thompson TM1C; UMAREX UZI Rifle; UZI Mini
    Carbine, UZI Model A Carbine, and UZI Model B Carbine; Valmet M62S, M71S, and M78;
    Vector Arms UZI Type; Weaver Arms Nighthawk; Wilkinson Arms Linda Carbine.

    Pistols: All AK-47 types, including the following:

    Centurion 39 AK pistol, Draco AK-47 pistol,
    HCR AK-47 pistol, IO Inc. Hellpup AK-47 pistol, Krinkov pistol, Mini Draco AK-47 pistol,
    Yugo Krebs Krink pistol;

    All AR-15 types, including the following: American Spirit AR-15
    pistol, Bushmaster Carbon 15 pistol, DoubleStar Corporation AR pistol, DPMS AR-15 pistol,
    Olympic Arms AR-15 pistol, Rock River Arms LAR 15 pistol; Calico Liberty pistols; DSA
    SA58 PKP FAL pistol; Encom MP-9 and MP-45; Heckler & Koch model SP-89 pistol; Intratec
    AB-10, TEC-22 Scorpion, TEC-9, and TEC-DC9; Kel-Tec PLR 16 pistol;

    The following MAC types: MAC-10, MAC-11; Masterpiece Arms MPA A930 Mini Pistol, MPA460 Pistol, MPA
    Tactical Pistol, and MPA Mini Tactical Pistol; Military Armament Corp. Ingram M-11, Velocity
    Arms VMAC; Sig Sauer P556 pistol; Sites Spectre;

    All Thompson types, including the following:
    Thompson TA510D, Thompson TA5; All UZI types, including: Micro-UZI.

    Shotguns: Franchi LAW-12 and SPAS 12; All IZHMASH Saiga 12 types, including the
    following: IZHMASH Saiga 12, IZHMASH Saiga 12S, IZHMASH Saiga 12S EXP-01,
    IZHMASH Saiga 12K, IZHMASH Saiga 12K-030, IZHMASH Saiga 12K-040 Taktika;
    Streetsweeper; Striker 12.

    Belt-fed semiautomatic firearms: All belt-fed semiautomatic firearms including TNW M2HB.

    Read more: http://dailycaller.com/2013/01/24/feinstein-calls-for-banning-more-than-150-firearms-during-dramatic-press-conference/#ixzz2IxyAvb89
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