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Elections, Politics, Videos

The Results of Obama’s Hope and Change

Posted: October 31, 2012 at 3:30 pm   /   by

Dick McDonald
  • Unemployment still in double digits and worsening
  • 80% of college grads cannot find work in chosen profession
  • Over 40% of Americans now on federal assistance (an all-time high)
  • National debt UP 60% since taking office (over $16 trillion)
  • An 84% failure rate on “green” taxpayer investments that most taxpayers opposed
  • Average American income DOWN over $4000 per year
  • Home values still DOWN more than 30% nationally
  • Businesses are closing and investors are leaving America
  • Obama has sent more jobs overseas than all of the last five presidents combined
  • Cost of gas UP 137%
  • Cost of potatoes UP 306%
  • Cost of butter and coffee UP more than 150%
  • Beef, milk and flour UP more than 100%
  • Eggs and rice UP over 70%

Inflation is the most punishing tax of all – printing and borrowing 42 cents for every dollar the government spends is suicidal.