Obama Campaign - "If I Wanted America To Fail"

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Daily Devotions


If you support our national security issues, you may love and appreciate the United States of America, our Constitution with its’ freedoms, and our American flag.

If you support and practice our fiscal issues, you may value worldly possessions.

If you support and value our social issues, you may love Judeo-Christian values.

If you support and practice all these values, that is all good; an insignia of “Wisdom” . - Oscar Y. Harward

Friday, November 18, 2011

Records Set on Obama’s Watch

“whodunit1” wrote on  November 18, 2011: 

1. U.S. sovereign debt downgrade: first in American history.

2. Federal spending (25% of GDP): highest since WW II

3. Budget deficit (10% of GDP); highest since WW II

4. Federal Debt (67% of GDP); highest since just after WW II

5. Employment (58.1% of population working): lowest since 1983

6. Long-term unemployed (45.9% of total): highest since 1930s

7. Increase in nonfarm payroll employment (0.5%) since recovery began 26 months ago, slowest job growth 26 months after a severe recession since WW II

8. Home ownership rate (59.7): lowest since 1965

9. Percentage of taxpayers paying income tax (49%): lowest in modern era

10. Government dependency (47%), defined as the percentage of persons receiving one or more federal benefit payments: highest in American history  

Sources: Standard and Poor’s, Office of Management and Budget, U.S. Bureau of Labor Statistics, Morgan Stanley, Joint Committee on Taxation, and the U.S. Census

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