Here are some statistics that occured during Obama's Presidency which I posted from the WSJ dated 9/08/11.
1. U.S. sovereign debt downgrade: first in American history
2. Federal spending (25% of GDP): highest since World War II
3. Budget deficit (10% of GDP): highest since World War II
4. Federal debt (67% of GDP): highest since just after World War II
5. Employment (58.1% of population working): lowest since 1983
6. Long-term unemployment (45.9% of total): highest since 1930s
7. Increase in nonfarm payroll employment (0.5%) since recovery began 26 months ago: slowest job growth 26 months after a severe recession since World War II
8. Home-ownership rate (59.7%): lowest since 1965
9. Percentage of taxpayers paying income tax (49%): lowest in modern era
10. Government dependency (47%). defined as the percentage of persons receiving one or more federal benefit payments: highest in American history.
Sources: Standard & Poor's, Office of Management and Budget, U.S. Bureau of Labor Statistics, Morgan Stanley, Joint Committee on Taxation,and the U.S. Census
But if this is a Pro-Obama only forum then let me know and I will take this down so nobody else sees the truth.
1. U.S. sovereign debt downgrade: first in American history
2. Federal spending (25% of GDP): highest since World War II
3. Budget deficit (10% of GDP): highest since World War II
4. Federal debt (67% of GDP): highest since just after World War II
5. Employment (58.1% of population working): lowest since 1983
6. Long-term unemployment (45.9% of total): highest since 1930s
7. Increase in nonfarm payroll employment (0.5%) since recovery began 26 months ago: slowest job growth 26 months after a severe recession since World War II
8. Home-ownership rate (59.7%): lowest since 1965
9. Percentage of taxpayers paying income tax (49%): lowest in modern era
10. Government dependency (47%). defined as the percentage of persons receiving one or more federal benefit payments: highest in American history.
Sources: Standard & Poor's, Office of Management and Budget, U.S. Bureau of Labor Statistics, Morgan Stanley, Joint Committee on Taxation,and the U.S. Census
But if this is a Pro-Obama only forum then let me know and I will take this down so nobody else sees the truth.