MOre thant the Obama Boom, really. Look at some of the following statistics, and see how far America has fallen since the Democrats took over only four years ago:
#1 In November 2006, the “official” U.S. unemployment rate was 4.5 percent. Today, the “official” U.S. unemployment rate has been at 9.5 percent or greater for more than a year.
#2 At Thanksgiving back in 2006, 26 million Americans were on food stamps. Today, there are over 42 million Americans on food stamps and that number is climbing rapidly.
#3 According to the U.S. Census Bureau, median household income in the United States fell from $51,726 in 2008 to $50,221 in 2009. Median household income declined the year before that too. Meanwhile, prices have continued to rise throughout that period.
#4 At the end of the third quarter in 2006, 47 banks were on the FDIC “problem list”. At the end of the third quarter in 2010, 860 banks were on the FDIC “problem list”.
#5 California home builders began construction on 1,811 homes during the month of August, which was down 77% from August 2006.
#6 In 2006, new home sales in the United States were near record highs. In 2010, new home sales in the United States are at record lows as the following graph from Calculated Risk demonstrates….
Read the whole thing. There are 11 statistical points in the piece, complete with links to sources. It is a sad comentary on what happens to the United States under Democrat rule. America simply is not rich enough, nor will we ever be rich enough, to afford Democrats to rule over us. I sincerely hope that the Electorate has learned this lesson, but I am afraid we haven’t. We are still almost a fifty-fifty nation, with any given election falling on the whim of who shows up to vote and the Margin of Fraud that the Democrats are able to field.
Tags: Economy, Obama Boom, Unemployment
