Although President Obama is promoting the importation of undocumented workers into the general United States work force, he has not secured a way for them to gain solid employment. His policies are undermining the efforts of minorities as well. Minority unemployment is higher than it has been in over 35 years.
Since records have been kept, youth unemployment has not seen such high rates as those during President Obama’s term. Sources report youth unemployment, that is workers from 16-25 years of age, as high as 17.1% as of the summer of 2012. Young people are eager to start saving for life, but it is very difficult when no opportunities are available.
Under President Obama, more people have lost their homes due to financial hardships than any other president in history. Even during the Great Depression, as a percentage of the general population, the years between 2008 and 2012 have been the most difficult for American homeowners overall. A whopping 36% in homelessness has occurred.
Foreclosures
Economic Growth
Recovery usually means a marked and notable positive increase in all leading indicators. The Obama administration marks 2009 as the start of the US economic recovery, but the leading indicators have been stagnant for over 24 months. Is the Obama administration trying to convince the United States public of a new, substandard definition of what “recovery” means?
Each year in office, President Obama has authorized unbacked spending that has resulted in an increase in the national debt equaling more than all other presidencies combined. This means, Obama’s first year in office was more expensive (a rate of at least 52% annually) to the US taxpayer and household than the summation of the country’s entire history. And each consecutive year, it has grown worse. By 2016, Obama could make the number “trillion” inadequate.
The United States has always been the most reliable source for currency exchange and commerce for the entire world. Under Obama and his appointed leadership, the world lost confidence in US ability to sustain credit agreements and productivity levels. As a result, borrowing and growth has suffered and many US citizens and businesses have lost economic opportunities.
The United States debt ceiling has usually taken decades to grow beyond standard limits. Under President Obama the debt ceiling has needed to be raised by acts of the legislature at least twice within three and a half years. Each time, it nearly puts the entire country into a default situation. The debt ceiling is now unmanageable and hindering economic growth.
When permanent job records are recorded they usually indicate an increase in the number of long-term, skilled positions. Whether because of improper reporting, the inability of employers to pay living wages, or the fallout from thin government stimulus money; the United States under President Obama is registering more entry level positions than skilled. This means far fewer people are finding work that will last and permit growth, savings and wealth-building.
www.bls.gov/cps/lfcharacteristics.htm
The general thrust of United States growth permits the creation of work that is full time for most people. President Obama’s policies have completely reversed this tradition. For the first time in US history, less that half of the working population (47%) is considered to be employed full time.
www.nytimes.com/…/family-net-worth-drops-to-level-of-early-90s-fed-says.html
With an increase in productivity and employment comes a general increase in household income. For the first time in United States history, the average American family has lost income annually during the Obama presidency. Some estimates place the decrease at around $3,400 per household. This number is more than disturbing considering the trends of United States inflation.
www.census.gov/hhes/www/disability/disability.html
It is not the sign of a healthy economy when more people are registering for disability benefits than entering the work force. The Obama administrations policies are making it more attractive to be dependent than self-sufficient.
www.afsp.org/index.cfm?page_id=04ea1254-bd31-lfa3…
When economies grow, people are on the move. When economies fail, people become despondent and hopeless. 2011 was the first year that there were more deaths from suicide than car accidents in the United States. How could this be? Perhaps it’s from a sense of economic hopelessness.
www.data.bls.gov/timeseries/LNS11300000/
Unemployment benefits are running out for many people. They have been looking for work for over three years and are giving up. Obama seems to not care that labor workforce participation has dwindled to the lowest rates in two generations.
www.builtbyus.mittromney.com/…/real-recovery-vs-four-more-years-sluggish-economy
Although the Obama administration loves to create dependence on government benefits arising from unemployment, many people don’t realize those benefits are finite. So many people have lost benefits under President Obama that over 23 million workers have given up trying to be part of the American workforce.
www.realclearpolitics.com/…./the_rise_of_food-stamp_nation_114753.html
Food stamps originally were a legitimate safety net for those people that genuinely needed them. The food stamp program has increased over %450 under President Obama and still, the program is insufficient at combating inflationary trends and healthily feeding the public.
www.online.wsj.com/article/SB124562449457235503.html
Welfare rates have increased %300 in the four past years. Welfare recipients used to register 1 in every 19 people. After one Obama presidential term, the rate is now 1 in 6 people.
www.les.com/pdf/ratesurvey.pdf
Natural gas is immensely abundant in the United States. The country is capable of being completely self-sufficient when it comes to energy production, yet energy rates have skyrocketed over 32% while President Obama has been in office. Why?
www.normantranscript.com/…/AAA-reports-largest-gas-price-increase-in-years
When President Obama took office gas prices averaged $1.69 across the United States. As of the fall of 2012, there are consumers on the West Coast now forking-over more than $5.00 per gallon of premium gasoline. Where is the Obama fuels miracle?
www.abcnews.go.com/…/rising-health-costs-undermine-obama-pledge-to-curb-trend/
While Obama fights for an unattainable ideal of universal health care, his policies are creating uncertainty in the healthcare field which has caused insurance premiums to increase more than %32 in past three years. How is the dismantling of the US healthcare system good for insurance consumers?
www.reuters.com/…/us-usa-healthcare-insurance-idUSBRE83117420120419
Skyrocketing premiums and uncertainty about the future of the American health care system have caused more people to choose a life without the safety net of health insurance. Since President Obama came to power, there has been an increase of more than %15 of American citizens that do not carry health insurance. The largest increase is in children.
www.edweek.org/ew/articles/2010/06/10/34swanson.h29.html
President Obama himself has broadcast public announcements that 30% of American youth do not finish high school. As youth leave the education system, the quality of the overall system fails. American kids are dwindling in competitive ability and competency with the rest of the world.
www.abcnews.go.com/International/libya-consulate-hit-attacks-lasted…/story?…
The power and strength of the American military, economy and public resolve has kept its ambassadors and foreign liaisons safe from harm for over 30 years. President Obama has conveyed a sense of vulnerability in American strength, and it has resulted in the death of America’s ambassador to Libya along with several Marines. Under President Obama, our diplomats are no longer safe!