Bend Over in 2012 for Barack Obama

Obama’s ‪Obamanomics‬ Slogan for 2012…

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Image Source: ©2012 Miss Moneypenny Satire

Obamanomics

Source Links to Obama’s Wasteful Spending…

Unemployed: 12 million to 12.8 million (Jul)

Unemployment Rate: 7.8% to 8.3% (Jul)

Federal Debt: $10.6 trillion to $16.048 trillion

Debt per person: $34,694 to $50,967

Debt Burden on the Economy: 75.2% to 101.5%

Consumer Price Index: 211.1 to 229.5

Misery Index: 7.8 to 9.7 (Jul)

Americans in Poverty: 43.6 million to 49.1 million (2010)

Food Stamp Recepients: 32 million to 46.5 million (May)

Worker Health Insurance Costs $4,192 to $8,008 (2011)

College Tuition: $5,976 to $6,941 est.

Home Values: $185,000 to $151,600 (Jul)

Gas Prices: $1.84 to $3.86

Oil Prices: $46.47 to $96.42

U.S. Global Competiveness: 2nd to 7th

To view all tweets, please click Here.

1. Median Household Income has declined by 7.3% percent from January 2009 ($54,983) to June 2012 ($50,964)

2. According to the Federal Reserve, the median net worth of families plunged by 39 percent in three years, from $126,400 in 2007 to $77,300 in 2010

3. According to the Federal Reserve, the percentage of families with no or negative wealth increased to 32.5 percent in 2010 – up from 19.2 percent in 2007.

4. According to the Pew Research Center, the middle income class has shrunk to 51 percent in 2011 from 61 percent in 1971.

5. According to the Pew Research Center, the median Net Worth of the Middle Class plummeted 39% from $152,950 in 2007 to $93,150 in 2010.

6. According to the Pew Research Center, middle income class share of U.S. income shrunk to 45 percent in 2010 from 62 percent in 1970.

7. The unemployment rate in the United States has been above 8 percent for 43 straight months from Feb 2009 to Aug 2012.

8. Long-term Unemployed Americans (jobless for 27 weeks or more) has risen by 92 percent from 2.6 million (Jan 20, 2009) to 5 million (Aug 2012)

9. The average duration of unemployment is 39.2 weeks (Aug 2012), a 96 percent increase from strong>20 weeks when Obama took office.

10. The percentage of working age Americans with a job has been below 59 percent for 36 straight months

11. According to the National Employment Law Project, 58 percent of the new jobs created have been low paying jobs.

12. According to the Center for Economic and Policy Research, only 24.6 percent of all of the jobs are “good jobs.”

13. In 2011, 53 percent of college graduates under the age of 25 were either unemployed or underemployed last year.

14. The number of jobs created by new businesses decreased by approximately 1 million from 2008 to 2010.

15. One out of every four workers earn less than $10 per hour in the ‘Recovery’ from the Great Recession.

16. Due to the Great Recession, the average pay for self-employed people has fallen 8 percent from $46724 in 2006 to $43,003 in 2010.

17. In the past decade, insurance premiums have increased three times as fast as wages.

18. Worker Health insurance contributions have risen by 17.5 percent from 3,515 family coveragein 2009 to $4,129 family coverage in 2011.

19. From 2001 to 2010, America has lost 15 manufacturing facilities every day on average. In 2010, an average of 23 manufacturing facilities every day closed every day.

20. According to Harvard Univesity’s State of the Nation’s Housing 2012 Study, 20.2 million American households spent more than half of their incomes on housing in 2010, a 12.8 percent increase from 2007 (17.9 million American households)

21. Since 2009, the cost of Household electricity skyrocketed by $300 in one year to $1419 in 2010. Electric rates have increased above the inflation rate for five consecutive years.

22. Home Values have fallen 18 percent from $185,000 to $151,600 (Jul).

Obamanomics: A Legacy of Wasteful Spending

*For your reading and laughing pleasure, you may also like these related posts…

Footnotes:

(1) Related Tweets to Bend Over in 2012 for Barack Obama

twitter


Miss Moneypenny

Avast me hearties, Don’t Bend O’er fer thee Bilge Rats in 2012

2:45 PM Sep 19, 2012


Miss Moneypenny

Arrr! Bestow Barack th’ Boot/ before/ Admiral Obama pillages more Loot (Pirate haiku)

6:18 PM Sep 19, 2012


Miss Moneypenny

How much Kool-aid does one need to drink to believe is a Great Leader? >

2:01 PM Nov 1, 2012


Miss Moneypenny

He loves Adding 2 the Debt, Subtracting Jobs Multipling Gas Prices & Dividing the Nation

5:16 PM Nov 3, 2012

* Note: Miss Moneypenny posts Political Satire on Twitter at twitter.com/moneypenny008 and Twitpic at twitpic.com/photos/moneypenny008. Readers can also view my tweets and Twitter conversations at tweetree.com/moneypenny008.

My WordPress Blog will be used to archive selected Political Satire tweets.

Bend Over in 2012 for Barack Obama is Political Satire by Miss Moneypenny aka Debbie Dolphin

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Miss Moneypenny reporting for the Undercover Times

About Miss Moneypenny

Contrarian Comedienne who creates Photoshop Political Satire and comedy.

Posted on September 25, 2012, in Political News, Political Satire, Satire, Vote Smart and tagged , , , , , , . Bookmark the permalink. Leave a comment.

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