Saturday, January 7, 2012

ObamaNomics: Year 3 In Review - Liberty Works

The 4th best president ever has clearly succeeded in giving us record debt, spending, gas prices, job non-growth, and low GDP, as shown in the graphs below and at the link at the bottom of the page. 

I think he missed his actual ranking by 42 or 43 spots... 
President Obama’s reelection campaign, begun almost a year ago, is based on blaming the previous administration for America’s economic misery.  But 2011 has been his third full year and it’s time for his Administration to stand on it’s own.  It’s time for an accounting
First the debt. [continued below the chart]
 http://libertyworks.com/wp-content/uploads/2011/12/Obama-year-3-debt.gif
 In 2011 Government debt grew just over $1 trillion.  The President has just notified Congress that once again, he has hit the debt ceiling and must have authorization to borrow another $1.2 Trillion.  By the end of March President Obama will have increased the debt as much in three years and two months as President Bush did in eight years.

 Read more at Liberty Works...

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