Oct. 2007;
Unemployment: 4.7%
Inflation: .03%
GDP Growth: 3.2% annualized
Debt: $9.0T Deficit: $160B
Fed. SPending: $2.66T
Oct. 2011;
Unemployment: 9.1%(12.9% if labor participation rate were equal)
Inflation: 3.77%
GDP Growth: 1.7% annualized
Debt: $15.1T
Deficit: $1645B
Fed. SPending: $3.86T
Clearly there is no economic reason to re elect president Obama. So what HAS he accomplished? 30 months into his administration we have lost 1.9 million jobs. We have given our health care decisions over to the government in a massively unpopular Obamacare program. Our president is passing legislation that failed in Congress by executive fiat, through executive order and bureaucratic regulatory implementation. We are now engaged in THREE military actions instead of two, and have sent troops to a fourth. Iran is on the verge of entering the Nuclear club, our Debt has been downgraded, and may be again.
Please can anyone make an affirmative case FOR Obama's re-election?
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