People (including me) got pretty tired of hearing what Bush “inherited” from Clinton. Well now the shoe is on the other foot and it’s just as disgusting. Once you take over, it’s your mess. And it’s not like Obama has kept the budget the same as when Bush was around. Here are the results of just 2 years of Progressive rule:

  January 2009 Today % chg
Avg. retail price/gallon gas in U.S. $1.83 $3.104 69.6%
Crude oil, European Brent (barrel) $43.48 $99.02 127.7%
Crude oil, West TX Inter. (barrel) $38.74 $91.38 135.9%
Gold: London (per troy oz.) $853.25 $1,369.50 60.5%
Corn, No.2 yellow, Central IL $3.56 $6.33 78.1%
Soybeans, No. 1 yellow, IL $9.66 $13.75 42.3%
Sugar, cane, raw, world, lb. fob $13.37 $35.39 164.7%
Unemployment rate, non-farm, overall 7.6% 9.4% 23.7%
Unemployment rate, blacks 12.6% 15.8% 25.4%
Number of unemployed 11,616,000 14,485,000 24.7%
Number of fed. employees, ex. military (curr = 12/10 prelim) 2,779,000 2,840,000 2.2%
Real median household income (2008 v 2009) $50,112 $49,777 -0.7%
Number of food stamp recipients (curr = 10/10) 31,983,716 43,200,878 35.1%
Number of unemployment benefit recipients (curr = 12/10) 7,526,598 9,193,838 22.2%
Number of long-term unemployed 2,600,000 6,400,000 146.2%
Poverty rate, individuals (2008 v 2009) 13.2% 14.3% 8.3%
People in poverty in U.S. (2008 v 2009) 39,800,000 43,600,000 9.5%
U.S. rank in Economic Freedom World Rankings 5 9 n/a
Present Situation Index (curr = 12/10) 29.9 23.5 -21.4%
Failed banks (curr = 2010 + 2011 to date) 140 164 17.1%
U.S. dollar versus Japanese yen exchange rate 89.76 82.03 -8.6%
U.S. money supply, M1, in billions (curr = 12/10 prelim) 1,575.1 1,865.7 18.4%
U.S. money supply, M2, in billions (curr = 12/10 prelim) 8,310.9 8,852.3 6.5%
National debt, in trillions $10.627 $14.052 32.2%

Per Dick Morris: “Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation’s history.’

INCREASES IN SPENDING UNDER OBAMA (in Billions)
Category 2008 2010 % Incr
Welfare $260 $400 54%
Domestic $485 $682 41%
Medicare $456 $528 16%
Social Security $612 $700 14%
Defense $612 $690 11%
 

And it’s not over yet! High-speed rail and billions more in “investment” to finish out his term??? A 10 year (gag!) budget that INCREASES the debt??? As Herman Cain so succinctly puts it, “they think you’re stupid”. Wake up, get involved, stay involved and don’t tire!

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