This is great!
The Romney Camp slammed President Obama’s tragic economy in their latest ad,
VIDEO TEXT: “23.2 Million Americans Are In Need Of Work”
- · 23.2 Million Americans Are Unemployed, Underemployed, Or Have Stopped Looking For Work. (Bureau Of Labor Statistics, www.bls.gov, 6/4/12)
- · Under President Obama, Unemployment Has Remained Above 8% For 40 Straight Months. (Bureau Of Labor Statistics, www.bls.gov, 6/4/12)
- · Since President Obama Took Office, Median Household Income Has Declined By $4,300. “Yet real median household income in March was down $4,300 since Obama took office in January 2009 and down $2,900 since the June 2009 start of the economic recovery, according to an analysis of census data by Sentier Research, an economic- consulting firm in Annapolis, Maryland.” (Mike Dorning, “Obama Fails To Stem Middle-Class Slide He Blamed On Bush,” Bloomberg, 4/30/12)
- · Median Family Net Worth Has Hit A Two-Decade Low. “The Great Recession shrank Americans’ wealth so much that in 2010 median family net worth was no more than it had been in 1992 after adjusting for inflation, the Federal Reserve reported Monday. Median net worth declined from $126,400 in 2007 to $77,300 in 2010, a Fed survey of family finances found. The median marks the point where half had more and half had less.” (Martin Crutsinger, “Fed Report: Middle Class Net Worth Tumbles,” The Associated Press, 6/12/12)
- · Millions Of Homeowners Are Underwater On Their Mortgages. “Despite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to Zillow. The percentage of borrowers who owed more on their home than it was worth increased to 31.4% during the quarter, up slightly from 31.1% three months earlier, according to Zillow.” (Les Christie, “More Than 30% Of Mortgage Borrowers Still Underwater,” CNN Money, 5/24/12)
- · PRESIDENT BARACK OBAMA: “The private sector is doing fine.” (President Barack Obama, Press Conference, Washington, DC, 6/8/12)
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More… Ann Coulter has more on Barack Obama’s public sector full employment plan.