NEW CASTLE —
Editor, The News:
Like statistics? David Letterman does: He was asked what was the most positive result of Obama’s “Cash for Clunkers” Program? He said that the program took 95 percent of the Obama bumper stickers off the road.
What are Barack Hussein Obama’s stats after three years in office? Being new to public life, he surely surrounded himself with private sector experts with experience, right? Every president since 1900 has, to the tune of over 40 percent of all Cabinet appointments.
But not Obama. He doesn’t need them. His appointees to the Cabinet have less than 8 percent private sector experience.
Under Obama’s watch, the unemployment rate has averaged 9.34 percent. Under the Bush-Clinton years, the average was 5.2 percent. Could Obama’s high unemployment numbers be a result of his choices for leading government positions?
Unemployment under Obama has gone from 12 million to over 13 million, a 9 percent increase. As a result, Obama is being called the “Food Stamp” President.
Food stamp recipients on the Obama watch have gone from 32 million to over 46 million, a near 25 percent increase. Americans in poverty have risen from 39.8 million to 46.2 million, resulting in a misery index to climb to 53 percent.
The Obama policies have been expensive as well. All presidents prior to 2008 accumulated a federal debt of $10.6 trillion.
To finance the Obama “transformation of America” programs, this debt has gone up to $15.5 trillion, a 43 percent increase in just three years.
Because we do not have the money to pay for these programs, Obama had to borrow it from China. The debt for each American is now at $48,700 each, an increase of $13,900 in just three years.
West Wabash Avenue
NEW CASTLE —
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