With a media that is comatose or else in the same sleeping bag as Obama our people are unaware of economic reality. The insane lies from the entire alphabet soup of federal agencies relating to our economic situation can only be described as ludicrous. Fact appears hard to come by so lets all be enlightened.
- 11 states, now have more people on government welfare than are employed.
- The average dole beneficiary now collects $186.00 per day.
- The average American income is about $ 50K, which is $137.13 per day.
- So welfare beneficiaries are paid $30 per hour workers average $20.
Why is this so? Well, it’s actually very simple. Beginning with FDR every president had at minimum 30% employed in their administrations that had previously been employed in the private sector. That counts 19 presidents. The lowest were Carter, Clinton and Kennedy but all were 30% or above. The process is called vote buying, all Republocrats participate but Democrats excel. Obama’s presidency has a private sector employment rate of just 8%. The 92% are lawyers, academics, community organizers, (Bolsheviks) or bureaucrats. Not one of these people including Obama ever had to meet a payroll, pay a quarterly business income tax, calculate a price that allowed a meager profit, pay their employees, pay the taxes, deal with the horrendous bureaucracy, Meet OSHA employment regulations, comply with Department of Labor laws, comply with idiotic Environmental regulations, invest pensions in accordance with ERISA rules, filling out IRS forms; in fact they spend half of available time on government BS rather than running their businesses.
- You can thank the progressives (SOCIALISTS) for all these benefits!
Our media will not report the truth because it contradicts their undying love for socialism. Journalism schools are so far to the left that the Austrian School of Economics is not even taught. Investigative reporting was thrown out with the bath water 20 years ago. News reporting has sunk to the level of regurgitating the repugnant ramblings of other journalists, or simply parrot whatever crap some Washington bureaucrat or pundit said. Let’s set the record straight.
- Real unemployment when we count everyone seeking a full time job is 24.7%
- The actual rate of inflation is 7.5% per year.
- The National debt on the books is just over $ 18 trillion
- The national debt unreported for the Quantetive Easing is $4.2 trillion.
- The unreported future national debt is $ 120 trillion.
- The total American economy is $14.4 trillion therefore the debt cannot be repaid.
- Real American income has fallen in every one of the last 60 years.
- All our children will be worse off then us.
- Americans have the lowest savings of the industrialized world.
- 47 million Americans are on food stamps.
- 49.4% of America’s population is on some form of government handout.
- America has for the last 20 years imported more than we exported.
- The Republicans are determined to start a war with Iran on behalf of Israel.
- Our national trade deficit averages $688.73 billion per year.
- The dollar is about to stop being the world reserve currency.
- Today we have more world turmoil than anytime in the past 50 years.
- H. Clinton and Obama through “Arab Spring” have decimated America’s Middle East positions.
- Under Reagan the navy planned 600 ships today we have 230.
- Obama has shrunk the US army to pre WWII level.
- Obama has increased welfare spending by 32%
- Unemployment spending is up 300% while Small business aid is down 50%
- Medical spending (Obamacare) is +9.7% annually now almost triple since 2001
Everything this administration does is counter to common sense. Obama and his associates firmly believe that Government is the solution to a brighter future. They believe that the economy grows when the government hires more bureaucrats. They believe themselves to be omnipotent, incapable of error, and that no others have any ideas of value. These egalitarian self-centered arrogant bunches of idiots are destroying our country before our very eyes. They are infallible, even though socialism has failed in, Russia, China, Sweden, Hungary, East Germany, Yugoslavia, the promise of prosperity, equality, security, was a big lie it delivered, poverty, misery and tyranny. It is like a chain letter initially it is successful but eventually it collapses under its own weight. Socialism is a huge pyramid scheme that is unsustainable because it is based on bad economic theory. It completely ignores human nature; it assumes that all people and things are equal, something that is simply not so.