Wednesday, February 29, 2012

Gross Domestic Product Chart,



After inheriting the sharpest economic decline since 1929, President Obama 's economic policies and stimulus reversed the slide and within two quarters had America back in postive territory and has thus far produced 10 straight quarters of growth in the GDP.


Saturday, February 25, 2012

Republican Candidates Propose Even Greater Debt, -and hope you don't notice-

Re
Remember that $9.2 TRILLION of our current national debt was ran up by Reagan, Bush and Bush. Romney, Santorum and Gingrich are doubling down on their own failed policy while critizing President Obama on this very topic and hoping we are too lazy to figure out the math. Don't buy the lies.

Monday, February 13, 2012

Obama Campaign Sets Up "Truth Team"

President Obama's re-election team is seeking help from Internet and on-the-ground backers to spread the word about Obama's record in office, and to hold responsible his Republican critics to their own words, claims and statements.

The purpose of the "Truth Team" is to "promote the President's achievements, respond to attacks on his record and hold the eventual Republican nominee accountable," said the announcement from the Obama re-election team.

The overall website -- BarackObama.com/TruthTeam -- includes three specialty websites: KeepingHisWord.com (devoted to Obama's record), KeepingGOPHonest.com (tough job there), and AttackWatch.com (responding with the facts to critical GOP ads).

"The sites also contain tools for sharing materials via Facebook, Twitter and email, and empowers supporters to take further action by volunteering, writing letters to the editor, sending postcards to undecided voters with information about the President's record, and more," said the Obama announcement. http://content.usatoday.com/communities/theoval/post/2012/02/obama-campaign-sets-up-truth-team/1

I will soon add a page to this site that will include links to these and other related sources dedicated to spreading the facts about the record and accomplishments of President Obama.

Thursday, February 9, 2012

LOOK WHAT HAPPENED WHEN PRESIDENT OBAMA'S STIMULUS TOOK EFFECT

The blue line is tracking jobless claims. Job loss was skyrocketing under the previous administration's policies, and has been steadily declining since President Obama's economic policies took place. The next time you hear that the President's stimulus failed, call bullshit, call it out loudly.
And then think of how much more successful the President's efforts to increase job creation could have been had we had even a little co-operation from the other side of the political divide.



Six Months of Job Losses, Now Wisconsin's budget is out of balance

Hey Wisconsin How's That Walker Thingy Workin' Out For Ya?

MADISON — Wisconsin’s state budget condition has worsened to the point that Gov. Scott Walker and possibly the Legislature will need to take emergency steps to avoid being out of balance. The nonpartisan Legislative Fiscal Bureau on Thursday released the new projections that show the two-year budget will be $143 million short of balancing by July 2013. That’s bad news for Walker, who faces a drive to recall him from office based largely around criticisms of choices he made in the two-year state budget passed last year. Four Republican state senators, along with Walker’s lieutenant governor, also face potential recall elections this summer. The budget news also comes in the wake of six straight months of job losses in Wisconsin.

http://www.postcrescent.com/article/20120209/APC010401/120209053/Budget-condition-worsens-Walker-Legislature-will-need-take-emergency-steps-avoid-unbalance?odyssey=mod


update: It Gets Worse: Wisconsin continues to bleed jobs while the rest of the nation adds jobs.
According to the new report by the Bureau of Labor Statistics, Wisconsin was far-and-away the leader in the nation in jobs loss, losing some 24,000 jobs in a period where the rest of the nation has been ADDING jobs. "For all Scott Walker's dog-and-pony shows on jobs, the fact is that Wisconsin leads the nation in job loss under Walker's failed leadership.


He claimed that jobs were his signature issue and, by that standard, he has failed spectacularly, salting the earth for Wisconsin's middle class in his inept and criminally corrupt administration," Democratic Party of Wisconsin Chair Mike Tate said Wednesday. "Scott Walker's self-regard is legendary, but even he must understand the shame.


http://www.politiscoop.com/us-politics/wisconsin-politics/1331-scott-walker-milwaukee-journal-sentinel-shame-front-page-state-job-losses-worst-in-u-s.html

Monday, February 6, 2012

States With Democrat Governors Have 15% Better Record On Employment

by greenkrete

Virginia Republican Governor Bob McDonnell claims that the improved numbers on the economy are a result of their policies. NOT SO! A quick back-of-the-envelope calculation shows states with Democratic Governors performed 15% better on the latest unemployment per capita than states with GOP Governors. The analysis took maybe 20 minutes elapsed time. Doesn’t Governor McDonnell have any staff?

You can check it yourself! The data for week ending January 28th is at the Department of Labor at this link: http://www.dol.gov/opa/media/press/eta/ui/current.htm

Plug those numbers into a spreadsheet. Next, add the list of Governors and their party affiliation. Then sort by GOP or Democrat. Now put in the state population. My results: GOP new claims -50,818 and the total population of those states 133,760,000. Democratic new unemployment claims -47,561 and the total population is 109,102,000. So per capita new claims for GOP Governor states is a reduction of 0.0380%, while per capita new claims for Democratic Governor states is a reduction of 0.0436%, a 15% better performance.

The numbers in the announcement are for 27 states with 79% of the US population. The remaining states had less than a thousand difference in new claims. http://www.dailykos.com/story/2012/02/05/1062036/-Breaking:-States-with-Democratic-Govs-had-15-better-unemployment-numbers-than-states-with-GOP-Govs?via=siderec

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Saturday, February 4, 2012

Wall St Journal: Real US Corporate tax rate falls to 12.1%, the lowest level since 1972

http://online.wsj.com/article/SB10001424052970204662204577199492233215330.html?mod=WSJ_hp_LEFTWhatsNewsCollection
WASHINGTON—U.S. companies are booking higher profits than ever. But the number crunchers in Washington are puzzling over a phenomenon that has just come into view: Corporate tax receipts as a share of profits are at their lowest level in at least 40 years.

Total corporate federal taxes paid fell to 12.1% of profits earned from activities within the U.S. in fiscal 2011, which ended Sept. 30, according to the Congressional Budget Office. That's the lowest level since at least 1972. And well below the 25.6% companies paid on average from 1987 to 2008.

Wednesday, February 1, 2012

FACT SHEET: President Obama’s Plan to Help Responsible Homeowners and Heal the Housing Market

link:
http://www.whitehouse.gov/the-press-office/2012/02/01/fact-sheet-president-obama-s-plan-help-responsible-homeowners-and-heal-h?utm_source=wh.gov&utm_medium=shorturl&utm_campaign=shorturl

The collapse of the Housing Market during George W. Bush's Great Recession, is one of the greatest drags on today's economy. This plan may help 100's of thousands of Americans hold onto their homes and strengthen the growing economic recovery.

Hit on the above link to learn more of this plan.