Subj : Re: Stop Obama To : All From : cdl@live.nail.com Date : Thu Jan 31 2019 19:20:11 Path: eternal-september.org!reader01.eternal-september.org!reader02.eternal-september ..org!news.eternal-september.org!news.eternal-september.org!mx04.eternal-septemb er.org!mx04.eternal-september.org!.POSTED!not-for-mail From: Cade Larson Newsgroups: az.politics,rec.collecting.coins,dfw.politics Subject: Re: Stop Obama Date: Tue, 06 Nov 2012 09:17:27 -0700 Organization: A noiseless patient Spider Lines: 73 Message-ID: References: <2p0h98dr6p6sdm924k7mq8ag7pj5rn5u05@4ax.com> Mime-Version: 1.0 Content-Type: text/plain; charset=windows-1252; format=flowed Content-Transfer-Encoding: 8bit Injection-Date: Tue, 6 Nov 2012 16:17:18 +0000 (UTC) Injection-Info: mx04.eternal-september.org; posting-host="3661d445171e0190a020d7b95a4d24ec"; logging-data="18153"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1+IGEbXH2uRofm1dFzDzJsmPCJXAr2SYCI=" User-Agent: Mozilla/5.0 (Windows NT 6.1; WOW64; rv:10.0.10) Gecko/20121024 Thunderbird/10.0.10 In-Reply-To: Cancel-Lock: sha1:rJhbVFumIXO7H3dPzN2Lome5Tfc= Xref: news.eternal-september.org az.politics:2757 rec.collecting.coins:5578 dfw.politics:370 On 11/5/2012 10:28 PM, TheWatcher@here.now wrote: > Are things better than when Obama took office? Of course they are. BULLSHIT LIE!!!! http://online.wsj.com/ New income data from the Census Bureau, tabulated by former Census income specialists at the nonpartisan economic consulting firm Sentier Research, reveal that the three-and-a-half years of the Obama Presidency have done enormous harm to middle-class households. In January 2009, the month President Obama entered the Oval Office and shortly before he signed his stimulus spending bill, median household income was $54,983. By June 2012, it had tumbled to $50,964, adjusted for inflation. (See the chart nearby.) That's $4,019 in lost real income, a little less than a month's income every year. http://online.wsj.com/ Whether or not Americans choose to believe him, there's no denying the fiscal reality created by the rollout version of President Obama last year, as detailed in the Congressional Budget Office report released yesterday. For the second year in a row, fiscal 2010 will see a trillion-dollar deficit—an estimated $1.35 trillion, or 9.2% of GDP, which is down slightly from last year's post-World War II record of 9.9%. The slow pace of economic recovery has contributed to a collapse in revenues, down to 14.8% of GDP in 2009 and an estimated 14.9% this year. That's well below the modern historical average of about 18.1%, and it is a reminder that economic growth is the most important contributor to smaller deficits. Had last year's "stimulus" worked half as well as the White House advertised, these deficits wouldn't be as large. But as the nearby chart shows, Mr. Obama's major contribution to deficits has been a record spending spree. In 2007, before the recession, federal expenditures reached $2.73 trillion. By 2009 expenditures had climbed to $3.52 trillion. In 2009 alone, overall federal spending rose 18%, or $536 billion. Throw in a $65 billion reduction in debt service costs due to low interest rates, and the overall spending increase was 22%. In one year. CBO confirms that Democrats have taken federal spending to a new and higher plateau: 24.7% of GDP in 2009, 24.1% this year, and back to an estimated 24.3% in 2011. The modern historical average is about 20.5%, and less than that if you exclude the Reagan defense buildup of the 1980s that helped to win the Cold War and let Bill Clinton reduce defense spending to 3% of GDP in the 1990s. This means that one of every four dollars produced by the sweat of American private labor is now taxed and redistributed by 535 men and women in Congress. http://lauraingraham.com/b/America-under-ObamaCare,-Day-239:-Hospital-job-losse s-increase/-413285077856810758.html According to one hospital, layoffs of workers have already begun as a result of the new law. Leaders of Memorial Hospital in South Bend, Indiana, said that although "the economy sparked this problem...the Obama Health Care Reform Act gave the hospital a one-two punch. While more people may soon get more health coverage, Obama's plan cuts reimbursement dollars for hospitals at a time administrators say they could use them most." Obamacare includes $575 billion in cuts to Medicare to pay for a Medicaid expansion and a new entitlement program, which will provide generous subsidies for middle-class Americans to buy insurance. The cuts include slashes to hospitals' reimbursement rates. --- Platinum Xpress/Win/WINServer v3.1 * Origin: Prison Board BBS Mesquite Tx //telnet.RDFIG.NET www. (1:124/5013) .