Life was so much Easier Twenty-five years Ago

Life was so much easier twenty-five years ago when Ronald Reagan was president.
We had Steve Jobs, Johnny Cash, and Bob Hope…

Photo Credit: ©2011 Miss Moneypenny Satire

Now, we have the misery of Obama and NO Jobs, NO Cash, and NO Hope.

On Feb 13, 2012, Obama proposed a $3.8 trillion budget for the 2013 fiscal year which begins Oct 1. Obama’s budget includes a $1.33 trillion Deficit On Arrival (DOA). Barack’s budget marks the fourth straight year of deficits over $1 trillion.

Obama’s Broken Deficit Promise

“	As of today I’m pledging to cut the deficit we inherited in half by the end of my first term in office. This will not be easy. It will require us to make difficult decisions and face challenges we’ve long neglected. But I refuse to leave our children with a debt that they cannot repay — and that means taking responsibility right now, in this administration, for getting our spending under control.	”
—- President Obama’s Fiscal Responsibility Summit on Feb 23, 2009

The Federal Debt under Obama has averaged $1.49 trillion per year, more than two times as much under Bush ($612 Billion per year).

Since President Barack Obama released his first federal budget entitled, ‘A New Era of Responsibility’ on Feb. 26, 2009, the federal debt has skyrocketed $4.473 trillion (Feb 12, 2012: $15,354,108,706,908.54 – $10,881,159,722,022.36 – Feb 26, 2009).

Dubya Bush increased the National Debt by $4.9 Trillion in 8 years (Jan 20, 2009: $10,626,877,048,913.08 – $5,727,776,738,304.64 – Jan 19, 2001).

Ronald Reagan increased the National Debt by $1.69 Trillion in 8 years (Sep 30, 1988: $2,601,104,000,000 – $909,041,000,000 – Sep 30, 1980).

Misery Index (Unemployment rate + Inflation rate)

Sep 2011: 13 (9.1 +3.9)

Jan 2009: 7.7 (7.7 + 0)

Ronald Reagan 9.7 (5.3 +4.4 – Dec 1988)

Oil prices

Feb 13, 2012: $100.59 per barrel

1988: $14.96 per barrel – $27 (in 2008 Dollars)

Crude Oil Prices have almost quadrupled since 1988.

Gas prices

Feb 13, 2012: $3.474 per gallon

1988 $0.91 per gallon – $1.48 (in 2005 Dollars)

Gas Prices have more than doubled since 1988. Note that Gasoline is only one of several products produced by refining crude oil.

Read more at Welcome Back, Carter… Obama Misery Index
and
Nancy ‘Porkulus’ Pelosi, the Botox Bozo of Big Government

@moneypenny008
Miss Moneypenny

flic.kr/p/bnNmG4 If the GOP RINOs don’t find a true Conservative Candidate, 2012 might be a repeat of 2008. According to Rasmussen Reports (Feb 14, 2012), Obama 49% Romney 42% — Obama 49% Santorum 41% #Sgp #twCot

Kenny Rogers: Twenty Years Ago

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• Nancy Pelosi, Have Yourself a Very Liberal Christmas
• The Obama Grinch who Stole America

Footnotes:

(1) Obama’s Summer of Recovery Starring the Usual Suspects was used to compare the current events to life 25 years ago. Maxine Waters, Barney Frank, Barack Obama, Harry Reid, and Nancy Pelosi lined up for the illusion of recovery and the reality of corruption.

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Miss Moneypenny reporting for the Undercover Times