With Election Over, Americans Find They Were Duped By Democrats And Obamai48.tinypic.com
Made popular 143 days ago in Opinion
news.investors.com — Politics 2012: It hasn't been two months since Barack Obama won re-election, but already we're finding out things that were kept from us during the campaign. Expect to hear more in the coming months.
lElections are clarifying events, we're told. But sometimes what they clarify is merely the gap between what we were told during the campaign and the reality on the ground. Often, the two don't match. That's certainly true with Obama.
How often in recent weeks have we learned that what we heard on the campaign trail from the Obama camp, and which were echoed by a cowed and subservient press, were either distortions or outright lies — enough to keep a majority of us fooled, and help win a second term for the incumbent?
Now, we're finding the reality to be something different. And to jog your recollection, here are just a few:
• Economy: "The economy's getting stronger ... confidence is growing." The media and Obama repeated these like a mantra. But as IBD reported earlier, real weekly earnings for American workers have fallen 3.5% since Obama took over, a declining trend that has continued post-election.
How about other signs of well-being? The Census Bureau reported after the election that the number of Americans in poverty grew by 712,000 people in 2011. A far-more bullish report issued in September said it had fallen by 96,000. Oh yes, and a record 47 million people today are on food stamps — up 47% since Obama took over.
Meanwhile, we also heard that consumer confidence was strengthening — and that would lead to a spurt of new economic activity in the new year. But in December, the Thomson Reuters/University of Michigan consumer sentiment index tumbled to 72.9, its lowest reading since June, from 82.7 in November.
Our own IBD/TIPP Economic Optimism Index fell 7.6% in December to 45.1, a pessimistic reading and the lowest since December 2011.
For small businesses, whom Obama regularly claimed to be helping while on the stump, the picture's no better. The National Federation of Independent Business' Small Business Optimism Index fell 5.6 points in December to 87.5 — one of its lowest readings ever.
"Between the looming 'fiscal cliff,' the promise of higher health care costs and the endless onslaught of new regulations, owners have found themselves in a state of pessimism," said NFIB Chief Economist Bill Dunkelberg. Remember: Small businesses create 80% to 85% of all jobs.
• Employment: Yes, unemployment has dropped to 7.7%. But only because hundreds of thousands of Americans have left the workforce. In September and October, nonpayroll farm jobs were reported as rising 148,000 and 171,000, respectively, solid gains. The mainstream media played it up as a major turnaround for the economy, giving Obama a boost.
In early December, a new government jobs report highlighted that job growth was a 146,000 in November, less than the 151,000 average since the start of the year. And it revised September and October job growth down by 49,000.
Yes, the total number of people with private-sector jobs has grown by 2 million over the last year, as the White House proudly trumpets — and did on the campaign trail. But what never gets reported is that 2.4 million people have left the workforce entirely over the same stretch — so there is no net real job growth.
• Regulations: President Obama stayed virtually mum on the topic of regulation during his campaign. Smart move. (SNIP)

Posted by lastbaldeagle
17 Votes
4 Comments
ShareThis
So, who elected this epic failure and then reelected him with the most miserable record of any President?
A. Low information voters.
0%
B. Moochers, leeches and other of societies free loaders.
5.9%
C. the mentally challenged.
0%
D. A, B and C.
94%
This is not a scientific survey, click here to learn more. Results may not total 100% due to rounding and voting descrepencies.
User Comments
Posted 142 days ago
0 up votes, 1 down votes
Why do you abuse polls to rant about your hatred for Obama? Why don't you speak your mind on one of the many forums and blogs out there? I hate it when a pollster only offers one side of an issue.
Posted 136 days ago
0 up votes, 0 down votes
@bish66 ..Then go somewhere else instead of complaining all the time bish.
Posted 140 days ago
1 up votes, 0 down votes
Get a life then. I don't just hate Obama, but all liberal idiots who consider themselves the self appointed guardians and Ministry of Truth of all that's right in the World based on their emotional state rather than ever looking at facts. I really don't hate as much as wonder how our government run educational mill was able to dumb down our citizens to a level where they believe the liberal communist propaganda. Abuse? I think not, if you can't face reality then educate yourself and stay away from getting your 'News' from SNL, John Stewart, CNN, MSNBC and the rest of the extreme left. You need to glance in the mirror occasionaly and ask yourself why you are so gullible.
Posted 139 days ago
0 up votes, 0 down votes
Absolutely true! @lastbaldeagle
You will have 2 minutes to edit your comment.

Add your comments