Today is Obama’s second swearing in, and despite what the Obama-adoring, Kool-Aid- drinking liberal mainstream media tells you, this is a day for sadness, not celebration. It's time to mourn for what Obama is doing to America....and even worse, for what he has planned for the next four years. The economy is in free-fall. Economists are suddenly all agreeing that Obama’s “solution” to the fiscal cliff—gigantic tax increases that are already taking big bites out of paychecks—will crater our projected economic growth for 2013. It’s bad out there, and getting worse every day. The fact is: We are in an Obama Great Depression.
I call it “Obamageddon.”
Today’s inauguration simply guarantees our economy is doomed to four more years of the same. And Americans are asking: Will we survive Obama’s second term as self-supporting independent individuals? Or as families able to take care of our kids and give them a start in life? As a nation? Will my small business survive? Will I have a job in four years?
The first key to surviving Obamageddon is to understand what’s really going on. Armed with the facts, we might just have a chance of surviving, and even thriving, during the Obama nightmare. But don’t hold your breath waiting for the Obama administration or the mainstream media to tell you the truth. For that, like most other things worth having, we have to do it ourselves.
So here are ten hard facts the Obama lackeys don’t want you to know:
1. The Obama administration has gone on the biggest spending spree in world history—$13.6 trillion since 2008.
2. Under Obama the national debt has increased by fifty percent. Obama is on track to add $12 trillion to the national debt – a staggering three times more than Bush in his eight years as president.
3. Under Obama the national debt now exceeds the entire output of the U.S. economy.
4. According to the U.S. Census Bureau, household income has fallen for all four years under Obama; it’s down $4000.
5. The net worth of the average American is down a whopping 40%.
6. Unemployment was over eight percent for an unimaginable 43 consecutive months. That’s more months of 8%+ unemployment than under all the presidents from Truman to George W. Bush.
7. According to economist John Williams of Shadowstats.com, if you factored in all of the short-term discouraged workers, all of the long-term discouraged workers, and all of those working part-time because they cannot find full-time employment, the real unemployment rate would be over 20 percent—higher than unemployment for most years of the Great Depression.
"I do not feel obliged to believe that the same God who has endowed us with senses, reason, and intellect has intended us to forgo their use and by some other means to give us knowledge which we can attain by them."- Galileo Galilei
"Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law' because law is often but the tyrant's will, and always so when it violates the rights of the individual." Thomas Jefferson
RIGHT'S RIGHT 
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Mon Jan 21, 2013 4:27 pm (Last edited: Mon Jan 21, 2013 4:30 pm)
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