Whacko Politics

The Truth About The Economy Is In The Numbers

going-down.jpgIf the president intends to run on his record, he has a lot of numbers that his campaign is going to try and hide from you (or blame Bush, I suppose).

The Economic Collapse itemized seventy numbers that don’t look good for the president or congress this fall. The list is published in its entirety on YOLOhub.com. This is only a partial list of the many interesting, but disappointing, numbers affecting today’s economy.

This is the first dozen numerical factoids of the compiled list. You can read all of them by clicking on the link below.

Via YOLOhub:

$3.59 – When Barack Obama entered the White House, the average price of a gallon of gasoline was $1.85. Today, it is$3.59.

22 – It is hard to believe, but today the poverty rate for children living in the United States is a whopping 22 percent.

23 – According to U.S. Representative Betty Sutton, an average of 23 manufacturing facilities permanently shut down in the United States every single day during 2010.

30 – Back in 2007, about 10 percent of all unemployed Americans had been out of work for 52 weeks or longer. Today, that number is above 30 percent.

32 – The amount of money that the federal government gives directly to Americans has increased by 32 percent since Barack Obama entered the White House.

35 – U.S. housing prices are now down a total of 35 percent from the peak of the housing bubble.

40 – The official U.S. unemployment rate has been above 8 percent for 40 months in a row.

42 – According to one survey, 42 percent of all American workers are currently living paycheck to paycheck.

48 – Shockingly, at this point 48 percent of all Americans are either considered to be “low income” or are living in poverty.

49 – Today, an astounding 49.1 percent of all Americans live in a home where at least one person receives benefits from the government.

53 – Last year, an astounding 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed.

60 – According to a recent Gallup poll, only 60 percent of all Americans say that they have enough money to live comfortably.

Lord Deliver Us

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. . . because SCOTUS will not. What has CJOTUS Roberts been smoking? A TAX !?!

Image: Bumper sticker seen at the bank today.

From The Liberty Counsel Website:

Supreme Court Upholds ObamaCare Individual Mandate as a Tax

Jun 28, 2012

Today, in a surprising 5-4 ruling, the Supreme Court upheld the “individual mandate” of the Patient Protection and Affordable Care Act, better known as “ObamaCare,” ruling that while the law exceeds Congress’s authority under the Commerce Clause, it is authorized under the Taxing and Spending Clause.

The largest and most unfair tax in United States history.

Medicare Premium Rate Going Up – A Lot

caduceus.gifI received the following information from a longtime friend and former colleague. His source was an administrator in the Blue Cross Health System. I did some double checking and made corrections based on previous and current medicare premiums.

Although this information is to the best of my knowledge, it may not be completely accurate. However, it reflects an over 250 percent increase from the 2010 to 2014 rate. The jump in the 2013 to 2014 rate alone is over 205 percent:

MEDICARE

For those of you who are on Medicare, read the following. It’s short, but important and you probably haven’t heard about it in the Mainstream News:

The per person Medicare Insurance Premium will increase from the 2010 Monthly Fee of $96.40, rising to:

$99.90 in 2012

$120.20 in 2013

And

$247.00 in 2014.

These are provisions incorporated in the Obamacare Legislation, purposely delayed so as not to confuse the 2012 Re-Election Campaigns. Seniors should know who’s throwing them under the bus.

It figures that the administration would stick it to seniors, a weak demographic for them. If you are like me, having paid into this Ponzi scheme, just like social security, over all the years, you will be outraged.

Sinking of the Titanicalifornia

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Arnold Ahlert writes at The Patriot Post about the victory of two cities last Tuesday night:

While most of the mainstream media focused their attention on Wisconsin and Scott Walker’s victory Tuesday night, an equally, if not more significant vote occurred in two California cities. Voters in San Diego and San Jose overwhelmingly approved cuts to retirement benefits for city workers.

. . .

All of the so-called current wisdom regarding government unions and their ability to sway politicians with massive campaign contributions and/or thuggish tactics is no longer current. In the space of a single evening, the aura of invincibility government unions have long enjoyed has been irreparably damaged.