From John Scotus at The Tree Of Mamre
via How To Make Obama’s Spending Look Small.
And if that’s not enough for you, there’s this:
Go here to see more….
Good comment from The Enterprise Blog…
Steve In Tulsasays:
In 2007 when democrats took majorities in both houses unemployment was 4.6%. When Obama was elected unemployment was 6.8%; today it is 8.6% … and there are 6 million fewer work seekers than 2007. If you add those lost workers back to the mix unemployment is 17%. Regular gasoline per gallon cost $1.68 in January 2009. Today, it’s $3.39 — that’s a 102% increase in just three years. Electricity bills have also skyrocketed up some $400 a year. Since December 2008, under democrat majorities in both houses, food-stamp use has increased 46%. Nearly 20% of males age 25 to 34 now live with their parents. The budget has jumped to $3.8 trillion under democrats and yet revenue is only $2.1 trillion. America’s total public debt stands at $15.63 trillion; in January 2009, the debt was $10.62 trillion. Obama is on pace to borrow $6.2 trillion in just one term — more debt than was amassed by all presidents from Washington through Bill Clinton combined. The debt is rising by $4.2 billion every day — $175 million per hour, nearly $3 million per minute.
When the Democrats took over Congress in January 2007, unemployment was 4.5 percent. It is now 8.6 percent. The budget deficit created by the outgoing Republican Congress was only $161 billion. It is now $1.7 trillion. The total outstanding debt in January 2007 was $8.7 trillion. It is now $15.8 trillion. Before the Democrats took control of everything, America’s credit rating was AAA. It is now AA+.
The ‘Community Re-Investment Act’ was used by democrats to pressure banks to give home loans to unqualified borrowers. This created so much uncollectable debt that Freddie and Fannie were created to try to cushion the bad debt load on the economy. Although repeatedly warned of impending collapse by McCain, Bush, and many others, Frank and Dodd simply refused to allow any attempts to prevent the recession.
After almost five years of democrat budgets the deficit is 1.7 trillion a year and real unemployment (U6) is at 17%.
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