glorious leader president will give what will hopefully be his last State of the Union address. The state of the union is horrible. But he wont tell you that. He will try to tell you what a great job hes been doing. He will kick off his reelection campaign a series of lies and deceptions which he will use throughout the year.
So let’s look at the facts as Joe Curl has provided them.
The unemployment rate when Mr. Obama was elected was 6.8 percent; today it is 8.5 percent — at least that’s the official number. In reality, the Financial Times writes, “if the same number of people were seeking work today as in 2007, the jobless rate would be 11 percent.”
In addition, there are now fewer payroll jobs in America than there were in 2000 — 12 years ago — and now, 40 percent of those jobs are considered “low paying,” up 10 percent from when President Reagan took office. The number of self-employed has dropped 2 million to 14.5 million in just six years.
Regular gasoline per gallon cost $1.68 in January 2009. Today, it’s $3.39 — that’s a 102 percent increase in just three years. (By the way, if you’re keeping score at home, gas was $1.40 a gallon when George W. Bush took office in 2001, $1.68 when he left office — a 20 percent increase.)
Electricity bills have also skyrocketed, with households now paying a record $1,420 annually on average, up some $300.
Some 48 percent of all Americans — 146.4 million — are considered by the Census Bureau either as “low-income” or living in poverty, up 4 million from when Mr. Obama took office; 57 percent of all children in America now live in such homes.
Since December 2008, a month before Mr. Obama took office, food-stamp use has increased 46 percent. Total spending has more than doubled in just four years to a record high of $75 billion. In 2011, more than 46 million people — about one in seven Americans — got food stamps. That’s 14 million more than when Mr. Obama took office.
Median household income has dropped nearly 7 percent in the last six years, taking inflation into account. What’s more, nearly 20 percent of males age 25 to 34 now live with their parents.
Low- and middle-income Americans 65 and older now hold more than $10,000 in credit card debt, up 26 percent since 2005. The average age of the American car is 10 years; in 1990, it was 6.5 years old (by the way, in 1985, Americans bought 11 million cars; in 2009, less than half that, 5.4 million).
On the macro side, America’s annual budget has jumped to $3.8 trillion — and yet the United States brings in only about $2.1 trillion in revenue. The U.S. trade deficit for 2011 was $558 billion. America’s total public debt stands at $15.23 trillion; in January 2009, the debt was $10.62 trillion. Mr. 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.
Remember that part about electricity bills skyrocketing? That was no accident. Here’s Obama promising that is what his policies will achieve if he got elected. He believes that coal plants are evil. They provide 60 percent of the power to the US and he’s forcing many of them to close. And others are being made to make unnecessary changes that are costing billions of dollars.
Mind you, he’s closing down many power plants by using the EPA illegally to do so when congress said no to his Cap and Trade bill. It’s shutting down a large chunk of this countries power plants when there aren’t any coming online to replace them. Not for years. Which will cause power shortages and a lot of other problems, just like in a third world country. Which is kind of the point apparently. That’s what he’s been turning us into. An openly corrupt police state. That’s the real state of the union.