Blame Duck Barack Obama

With a Presidential Approval Index of -13, has the Blame Duck run out of Luck?

Loading Blame Duck
Photo Credit: ©2011 Miss Moneypenny Satire ~ Click to Enlarge Image

Blame Duck Barack has run out of Luck blaming Lame Duck Dubya Bush for Obama’s failed policies like Barry’s budget-busting $787 Billion Stimulus Package of 2009, Obamacare, growing the National debt to ($16.045 Trillion on 9/6/2012) etc.

The Federal Debt under Obama has averaged $1.41 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 $5.164 trillion (Sep 6, 2012: $16,045,515,411,416.83 – $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).

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

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 coverage in 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. See Obama’s Economic Record Chart below for links…

Obamageddon: Obama’s Economic Record…
Jan 20, 2009 Sep 11, 2012 Change
Unemployed 12 million 12.8 million (Jul) +6.66%
Unemployment Rate 7.8% 8.3% (Jul) +6.4%
Federal Debt $10.6 trillion $16.048 trillion +51.4%
Debt per person $34,694 $50,967 +46.9%
Debt Burden on the Economy 75.2% 101.5% +35%
Consumer Price Index 211.1 229.5 +8.7%
Misery Index 7.8 9.7 (Jul) +24%
Americans in Poverty 43.6 million 49.1 million (2010) +12.6%
Food Stamp Recepients 32 million 46.5 million (May) +45.3%
Worker Health Insurance Costs $4,192 $8,008 (2011) +91%
College Tuition $5,976 $6,941 est. +16%
Home Values $185,000 $151,600 (Jul) -18%
Gas Prices $1.84 $3.86 +209.8%
Oil Prices $46.47 $96.42 +207.5%
U.S. Global Competiveness 2nd 7th -5 places

Blame It, President Obama Parody by Iman Cross

Romney’s Record as Governor of Massachusetts…

1. State Mandated Healthcare (RombamaCare)
2. First Governor to unconstitutionally institute Gay Marriage
3. Romney supported homosexual and transgendered education in public schools
4. Romney supported abortion with taxpayer funding
5. Fee Fee Romney increased Fees to support Big Government Spending
6. Romney Increased State spending 20.7% ($22.848 billion to $27.588 billion)
7. Government employment grew 7.2% during Romney’s tenure.
8. Romney’s net job growth of 1.4 percent was far below the growth of the national average at 5.3 percent.
9. Romney supports amnesty for illegal immigrants

Romney’s Economic Record…
Jan, 2003 Jan, 2007 Change
Unemployed 192,914 159,101 -17.5%
Unemployment Rate 5.6% 4.6% -17.9% (1)
State Debt $16 billion (Jan. 1, 2003 – A22) $18.7 billion (Oct. 1, 2006 – A24) +16.9%
Debt per person $7,551 $10,612 +40.5%

(1) Massachusetts ranked 47th in job growth during Romney’s entire term. Romney took office during an economic upswing yet, Massachusetts’ net job growth of 1.4 percent was far below the growth of the national average at 5.3 percent.

In his first year as Governor, Romney increased the Gas Tax by 400% to raise taxes by $60 million per year.

Fee Fee Romney increased fees and taxes to the taxed tune of $740.5 million.

The father of RombamaCare has increased private insurance costs by $4.3 billion, increased federal spending by $2.4 billion on Medicaid, and Romneycare is estimated to cost $2 billion more than was budgeted over 10 years.

Mitt Romney -The Liar

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

Footnotes:

(1) According to The Weekly Standard, Obama’s Deficit Spending was over 3 times more than Dubya Bush. Bush averaged a $410 Billion Deficit per year compared to Obama’s average of $1.413 trillion in deficit spending.

(2) Related Tweets to Blame Duck Barack Obama

twitter


Miss Moneypenny

Keep my Budget In Arrears, Give Me Fore more Years

1:52 PM Feb 20, 2012

When you wish upon a CZAR, my Dreams come True

4:34 PM Feb 20, 2012

Digs his Big Red Hole twice as fast as Dubya

3:09 PM Feb 21, 2012

> RT : Obama2012Slogans “We Are All Communists Now”

1:06 PM Feb 23, 2012

Photo > < Cleaning My Algae Scum to reduce Oil Dependence

2:01 PM Feb 24, 2012

One Small Spark for man and One giant Rolling Brownout for mankind

9:33 PM Feb 29, 2012

“Spend and Spread it Around like PresiDEBT Obama earned it”

9:18 AM Mar 1, 2012

“May the Farce be with You” -Obama-wan Kenya-nobi

5:06 PM Mar 6, 2012

“Spread the Wealth” by Sporack Obama of the Spending Federation > Photo @

6:36 PM Mar 20, 2012

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

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

Blame Duck Barack Obama is Vote Smart Political Satire by Miss Moneypenny aka Debbie Dolphin

Share this post with others…

Add to FacebookAdd to NewsvineAdd to DiggAdd to Del.icio.usAdd to StumbleuponAdd to RedditAdd to BlinklistAdd to Ma.gnoliaAdd to TechnoratiAdd to Furl
[Post to Twitter] Tweet This Post
.

Miss Moneypenny reporting for the Undercover Times

About Miss Moneypenny

Contrarian Comedienne who creates Photoshop Political Satire and comedy.

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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s