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OBAMA LOVE HIM or DISLIKE HIM:

- UNEMPLOYMENT has been stagnent since Obama took office, 8.13% in Jan 2009 vs same 8.1% today and when you add in the 196,000 who have given up on job hunting this month the rate risest to 8.4% Though median income has climbed by $1,426 since last August and the 8.3 percent July unemployment rate is down from a peak of 10 percent in October 2009, plenty of Americans have slipped into poverty. The Agriculture Department released a report yesterday showing a record 46.7 million people were receiving food stamps in 2012.
Longest Stretch Yet even though the economy began a slow recovery in June 2009 and has been growing since,the unemployment rate has remained persistently high, above 8 percent since February 2009,the longest stretch since monthly records began in 1948.

- INCOME Median income was $50,964 in June -- $4,019 lower than when Obama took office when adjusted for inflation, according to Sentier Research's most recent data

. - GAS PRICES have more than doubled since Obama took office - avg was $1.89 when Obama took offic eand over $4.00 today

- FOOD STAMPS - As noted, food stamp distribution has risen from 0 to 46.7 million people receiving food stampssince Obama took office. This may account for at least part of the reason more and more people are not even attempting to find jobs when they can draw from the newly increasedfood stamp handouts and other assistance (Obama is attempting to increase the welfare giveaway that Clinton had reduced to encourage people to seek jobs

OTHER SIDE: 'Osama bin Laden is dead and General Motors is alive', is Joe Biden's favorite campaign quotein trying to defend the Obama administration. As if those are the only things thathave gone right, Osama's death just happened to come under Obama's watch; Bush had setthe intelligence going and , with growing rewards and such, Obama finally reaped the benefit yet never gave Bush any of the credit. . As for General Motors, they have bounced back for now thanks to the major loan they have yet to pay back.Who's to say that if push camne to shove sans loan they wouldn't have come through, anyway, just as Chrysler did without taking any loans. No major US auto manufacturer has ever goneout of business and GM would have eventually survived with the slightly rising economy along with the other car manufactures.

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Saturday, September 8, 2012