10 from the list of 70 here:
- The price of gas – When Obama took office, a gallon of gas cost you $1.85. Today, it’s up to $3.59 per gallon (July’s rise was 17 cents a gallon).
- 71% of small business owners believe we’re still in a recession — Despite government claims that the recession actually ended years ago, a majority of small business owners feel very differently.
- You have to work 107 days each year just to pay Federal, State, & Local taxes – That means you don’t earn a penny until April 18th.
- More than 30% of unemployed Americans have been out of work for more than a year – In 2007, that number was 10%.
- Low income America – According to NBC News, virtually half of all Americans are considered to be “low income” or living in poverty.
- Propping up the economy by monetizing our massive debt — In 2008, the Federal Reserve bought “negligible” amounts of our debt, last year the Fed purchased 61% of the government debt issued by the Treasury Dept.
- Speaking of “no faith in the US Dollar” – The price of gold when Obama was inaugurated, $850 an ounce. Today, gold is over $1500.
- The disappearing family farm – In the mid-1930s, America had an estimated 6.8 million farms. Today, theEPA estimates that number to be right around two million (and getting squeezed more and more by constricting regulation).
- Another (bad) trade record set with China – In 2011, our trade deficit with China was almost $300 billiondollars. That is the single highest deficit that one country has had with another… ever.
- A stunning amount spent on stupid studies like Why do chimps throw their poop? – Almost $600,000 of your tax dollars was sent to the folks who studied chimpanzee poop tossing, plus $198,195 paid to find out if “tweeting” makes people happy… It’s all HERE.
70 Facts About The Economy That Obama Doesn’t Want You To See | CLICK FOR MORE..
No comments:
Post a Comment