RSSAnother Accomplishment for Barack Obama … Americans See Biggest Monthly Income Drop in 20 years As Obama Adds $6 Trillion to National Debt
Thanks to Barack Obama … Incomes Down and Debt through the stratosphere.
Americans saw their income drop so dramatically in January that it marked the deepest one-month decline in 20 years. Of course the bias MSM will have you believe that it is merely a coincidence that this occurred on Obama’s watch. It was Obama’s tax the so-called rich agenda that made corporations pay out early dividends to avoid the upcoming Obama tax hikes. It was Obama’s refusal to extend the payroll tax cuts that made most workers (including the middle class that Obama claims to care about) had to pay 2% more in taxes this year.
Obama must wet himself laughing every day that an ignorant electorate reelected him DICTATOR
Americans saw their income drop so dramatically in January that it marked the deepest one-month decline in 20 years.
Personal income decreased by $505.5 billion in January, or 3.6%, compared to December (on a seasonally adjusted and annualized basis). That’s the most dramatic decline since January 1993, according to the Commerce Department.
All this as Barack Obama added $6 Trillion to the National Debt.
Since President Barack Obama took office in January 2009, more than $6 trillion dollars has been added to the national debt.
“Without fanfare, the Bureau of Public Debt at the Treasury Department quietly posted its daily debt report showing the total public debt of the U.S. government topped $16.687 trillion. (To be exact: $16,687,289,180,215.37),” reports Mark Knoller of CBS. [debt clock]
“On January 20, 2009, the day Mr. Obama took office, the debt stood at $10.626 trillion. The latest posting reflects an increase of over $6 trillion.”
And debt is expected to increase by nearly another trillion this year. “Nevertheless, the Office of Management and Budget projects the national debt will continue to increase by over $800 billion this year and by amounts in the range of $500 billion to $800 billion in the out years – all of which will add to the national debt.”
Barack Obama is killing America.
Posted March 2, 2013 by Scared Monkeys Barack Obama, Budget Deficits, Capitaism, Crony Capitalism, Economy, Epic Fail, National Debt, Obamanation, Obamanomics, Politics of Fear | 6 comments |
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6 Responses to “Another Accomplishment for Barack Obama … Americans See Biggest Monthly Income Drop in 20 years As Obama Adds $6 Trillion to National Debt”
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Maybe cuts to the billions in financial aid being afforded to the Islamic nations would be a start … the Islamic nations whose””common” ideology based on the teachings of the Koran advocates the ultimate destruction of the appeasing hands worldwide that feed them.
Maybe cuts to the billions in entitlement programs ….
Maybe cuts to programs that have nothing to do with national security ….
Maybe conforming to the established laws by deporting over 11,000,000 illegal aliens …
Maybe cutting administrative wages/benefits …
Maybe cutting civil servant wages/benefits …
Where is the collective voice of the RINO’s within the Congress … within the Senate … where is the collective outrage from Conservatives regarding alternative cuts … alternate cuts that will prevent the coming chaos … the coming chaos that will have many Americans crying out for a dictator to bring about order.
[...] last, but not least, Scared Monkeys features another Obama [...]
Yep, cutting money to Islamic nations is a great start. What do we have to lose? They hate us anyway. If we take their money away…they’ll still hate us.
The implication is that the F-16s and past financial aid was afforded to Egypt condition free.
Kerry: U.S. releasing millions in aid to Egypt, but with promise of reform
Published March 03, 2013
Secretary of State John Kerry said Sunday the United States will give Egypt $250 million MORE in in aid, following President Mohammed Morsi’s pledges for political and economic reforms.
http://www.foxnews.com/world/2013/03/03/kerry-takes-unity-message-to-egyptian-president-military-chiefs-after-warning/
Who has been paying attention? We have.
We bitched about this years ago and no one listened.
Oh, well. There you have it.
[...] last, but not least, Scared Monkeys features another Obama [...]