Archive of posts tagged Obama Failed Policies

Biden Lets Truth Slip: Says Last Four Years Middle Class Was ‘Buried’ Under Obama Failed Policies

Biden Lets Truth Slip: Says Last Four Years Middle Class Was 'Buried' Under Obama Failed Policies

Biden Lets Truth Slip: Says Last Four Years Middle Class Was ‘Buried’ Under Obama Failed Policies

For once the Obama administration said something truthful – that the middle class in America has been buried under the last four years of Obama’s failed policies.

If anyone wants to jack up taxes on the middle class, it is Obama and the Democrat Culture of Corruption, who feel that the only way out of the hole that Obama’s wasteful and corrupt overspending is to tax the crap out of everyone.

In fact Obamacare is the largest tax increase in the history of our nation.

Vice President Biden said Tuesday that the middle class has been “buried the last four years” — a practically gift-wrapped gaffe that Republicans immediately grabbed to hammer President Obama on the eve of the first presidential debate.

Biden made the remark at a campaign stop in Charlotte, N.C., in the course of slamming Republican tax policies which Democrats claim would cut taxes for the rich and hike them for the middle class.

“This is deadly earnest,” Biden said. “How

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Food Stamp Use Has Increased 70% Under Obama!

Thanks directly to the Obama administration’s failed policies, the number of people using food stamps has risen 70%!
If we stay on the path Obama has put our nation on, by 2022, 1 in 10 U.S. residents will rely on food stamps! That is unbelievable!

Unbelievable that is until you realize that Obama and the Democrats actually want people to rely on food stamps, because that makes them dependent on the US Government, thereby making further expansion of the government size and scope much easier.

The Congressional Budget Office said Thursday that 45 million people in 2011 received Supplemental Nutrition Assistance Program benefits, a 70% increase from 2007. It said the number of people receiving the benefits, commonly known as food stamps, would continue growing until 2014.

Spending for the program, not including administrative costs, rose to $72 billion in 2011, up from $30 billion four years earlier. The CBO projected that one in seven U.S. residents received food stamps last year.

In a report, the CBO said roughly two-thirds of jump in spending was tied to an increase in

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Obama Failed Policies Lead To S&P Downgrade For First Time In History

Due to Obama’s failed policies, and historically rampant over-spending, Standard & Poor’s has lowering the nation’s rating to one notch below AAA for the first time in our nation’s history.

The AAA credit rating has lasted through World Wars, The Great Depression, stock market crashes, 9-11, and anything else that our country has endured.. That is, at least, until Obama took office and started killing jobs and throwing trillions of borrowed dollars down the toilet.

Standard & Poor’s announced Friday night that it has downgraded the U.S. credit rating for the first time, dealing a symbolic blow to the world’s economic superpower in what was a sharply worded critique of the American political system.

Lowering the nation’s rating to one notch below AAA, the credit rating company said “political brinkmanship” in the debate over the debt had made the U.S. government’s ability to manage its finances “less stable, less effective and less predictable.” It said the bipartisan agreement reached this week to find at least $2.1 trillion in budget savings “fell short” of what was necessary to tame the nation’s

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