Unfortunately, I couldn’t listen to the State of the Union speech live because my national radio show (self-plug there) started when he did. I did, however, go back and listen several times (I couldn’t believe what I was hearing) and found very little truth or fact in his speech. At times, it even sounded like he was running for office again.
For those of you who haven’t been listeners or readers for long, don’t start spewing “it’s because he’s…” a Democrat or black or whatever. It’ll just fall on deaf ears. I took, and continue to take, equal shots at Republicans, Libertarians, Green Party, and the others alike!
Now to the speech… “Anyone claiming America’s economy is in decline is pedaling fiction! What is true and the reason Americans are so apprehensive is that the economy is changing in profound ways…” The secret word is “profound.” It should scare you to death like “fundamentally change,” “hope and change,” and “forward.”)
Profound is an UNDERSTATEMENT. First of all, 2015 ended its worst ride since 2008! The DOW and S&P finished down and even though the NASDAQ finished up 5.7 it had finished in double digits the prior 3 years.
Jump ahead to the first few weeks of 2016. Strap yourself in, it’s going to be a rough ride. The markets opened the year with the worst start since the Great Depression. I am SURE Oblamo will take no responsibility for any of this and his Kool-Aid drinking, low-IQ followers will blame it on Bush and the Republicans… Just wait for it. You will see them in the comments later.
Well, Mr. OZbama must live in the Emerald City because back in the real world the median household income while Mr. O has been in charge has flat lined (quick get the paddles!) It was $56,957 in 2009. As of December 2015 it was at a whopping $56,746. Simple math YOU LOSE!
The labor participation rate hasn’t been this low for 40 years. In January 2009 it was 65.7%. As of December 2015 it stands at 62.6%. Sounds like a no winner to me! It’s been holding at just under 63% for almost 2 years!
The number of Americans needing government assistance under Mr. Obama has been surging. A RECORD 45+ million Americans are receiving food stamps as of December 2015. Compare this with just under 32 million in January 2009. This is better, how? That’s an increase of over 42%.
The 14 million jobs he said he created were mostly part-time jobs! Yes, almost 68% of them were part-time! How, exactly, does a part-time job feed a family? Now households that may have been doing well on 1 full-time and 1 part-time job per……
Read the rest at: LiarLecture