Saturday, January 28, 2012

Ten Ways That Obama Is Destroying The Middle Class

President Obama spent a lot of time during his State of the Union speech talking about protecting, preserving and helping the middle class.
But the record shows that his policies are actually contributing to the destruction of the middle class.
In fact, the statistics paint a sobering picture for just what President Obama has achieved in his fight to “help the middle class reclaim a sense of economic security that will benefit the entire economy”:
  • Unemployment: The number of people unemployed has grown by over one million. 
  • Long-term Unemployment: The average duration of unemployment has more than doubled, to an astonishing 40.8 weeks.
  • Jobs: Nearly 1.7 million jobs have been lost.
  • Income: Median household income has declined by nearly $1,000.
  • Poverty: The number of people in poverty has grown by over six million.
  • Hunger: Food stamp participation has increased by more than 14 million people, to a devastating 46.2 million.
  • Health Care: Average family health insurance premiums have increased by more than $1,500.
  • Energy: Gas prices have nearly doubled, to $3.38 per gallon.
  • Housing: Foreclosures have spiked to a record one-million-plus annually.
  • Debt: Each family’s share of the publicly-held national debt has skyrocketed by more than $35,000, to nearly $90,000.
When Barack Obama ran for the presidency, he promised to “fundamentally transform the United States of America.” Sadly, he is succeeding. He is pushing America toward a European-style entitlement society that would have been unrecognizable to our parents’ generation – let alone the Founders’ – with diminishing economic opportunity and ever-growing government programs and regulations.

The election this November will be about whether the America want to continue in this direction, or reverse course and rebuild the Opportunity Society that has made her the greatest in the history of the world. Mitt Romney looks forward to offering voters that choice.

5 comments:

Anonymous said...

Why don't you write a post that decouples Obama's policies from the economic meltdown and then examine the effect his administration has had on the economy. In other words, do you have any demonstrative proof that "European-style entitlement" policies have caused any of the things you list?

Dan Cirucci said...

Things we bad.
He made them worse.
That much is clear and beyond doubt.
For that alone (after what he promised) he should be removed.
Also, pay attention to the facts and statistics in the 10 reasons. They speak volumes.
Wake up!

Ryan said...

It's actually quite "beyond doubt." The so-called "facts" and "statistics" are yet more simple-minded, talk-radio friendly nonsense that ignore that it is under this administration that the tide of job losses--to name but one example--has stopped. I would rather be on the track that shows gains, slow gains at that--as opposed to the ever-increasing losses under the last GOP administration.

The car was already careening over the cliff by January, 2009. As a thinking, rational human being, I understand that repairing damage takes far more time than causing it, any more than I blame by doctor for not healing my broken bone in the length of time it took to break it.

Dan Cirucci said...

You can believe what you want.
But, again -- the numbers tell a clear story of decline under Obama:
Pirce of a gallon of gas: UP
Home Values: DOWN
National debt: UP
Food stamp usage: UP
Federal Non-defense Spending: UP
Median duration of unemployment: UP
Inflation: UP
Number of jobs: DOWN
Health insurance premiums: UP
Median income: DOWN
Average weeks unemployed: UP
Poverty rate: UP
Unemployment rate: STILL UP
This is NOT a good record.
the man has had three full years. He's failed.

Ryan said...

So by that same pseudo logic (falsehoods notwithstanding), W. was an utter and abysmal failure. Heck, by such a silly nd distorted list, Ronnie himeslf was a failure after three years and deserving of je boot. Yet how many times will we hear that uttered here. Is there a number less than zero?