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Health & Fitness

Obama's Deliberate Destruction of the Economy

Where we are now:

- As of October, more than ninety million Americans were out of work.

- An October CNS News article reported that Americans who were recipients of means-tested government benefits in 2011 outnumbered year-round full-time workers.

- In September, CNS News reported that “A record 23,116,928 American households were enrolled in the federal government’s Supplemental Nutrition Assistance Program (SNAP)—AKA food stamps—during the month of June.

- Also in September, CNS News reported that “During the four years that marked President Barack Obama’s first term in office, the real median income of American households dropped by $2,627 and the number of people in poverty increased by approximately 6,667,000.

- “In 2008,” the CNS News report noted, “the year Obama was elected, people in poverty represented 13.2 percent of the national population. In 2012, they represented 15.0 percent of the population.

- The Fed’s holdings of U.S. government debt had increased by 257 percent since President Obama was first inaugurated in 2009. It is the single largest holder of U.S. government debt. China is the largest foreign holder of this debt.

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