Frederick William Dame
(Exercising freedom of speech … as long as it still exists.)
At http://www.zerohedge.com/news/2013-08-21/33-shocking-facts-which-show-how-badly-economy-has-tanked-under-obama. The following are 33 shocking facts which show how badly the U.S. economy has tanked since Obama became president...
#1 When Barack Obama entered the White House, of working age Americans had a job. Today, only of working age Americans have a job.
#2 Since Obama has been president, that have been "created" in the U.S. economy have been part-time jobs.
#3 The number of full-time workers in the United States is still nearly the old record that was set back in 2007.
#4 It is hard to believe, but an astounding of all American workers now make less than $30,000 a year.
#6 When the Obama era began, the average duration of unemployment in this country was 19.8 weeks. Today, it is .
#7 During the first four years of Obama, the number of Americans "not in the labor force" soared by an astounding . That far exceeds any previous four year total.
#8 According , the middle class is taking home a smaller share of the overall income pie than has ever been recorded before.
#9 When Obama was elected, the homeownership rate in the United States was . Today, it is . That is the lowest that it has been in 18 years.
#10 When Obama entered the White House, the mortgage delinquency rate was 7.85 percent. Today, it is .
#11 In 2008, the U.S. trade deficit with China was . Last year, it was .
#12 When Obama first became president, 12.5 million Americans had manufacturing jobs. Today, only have manufacturing jobs.
(continue reading Just Thinking Number 68 at The Obama Timeline here http://www.colony14.net/sitebuildercontent/sitebuilderfiles/justthinking068.pdf)