Chủ Nhật, 13 tháng 1, 2013

THE OBAMA ECONOMIC RECOVERY: In One Chart

Did I say "recovery"? Because I meant to say "The Obama Depression".

Long Term Unemployment at Highest Level Since WWII

When America reelected Barack Obama they voted for higher unemployment, lower incomes, record government spending, and a stagnant under-performing economy. Barack Obama promises to bring even more pain his second term.

In the US today:

• 12 million Americans remain unemployed.
• In December 22.6 million Americans were unemployed or underemployed.
• The average unemployed American is out of work for nearly 40 weeks.

To understand just how bad things are, and just what a failure Obama’s first term has been, you have to see it graphically.

Americans voted to reelect Barack Obama because of the malfeasance of the progressive media machine. Had the media reported the truth, this failed president would have lost in a landslide.

Therefore, Americans would do well to anticipate more pain. Much more pain.


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