Obama’s Massive Deficit Spending?

 

   I am still in the middle of tweaking my Windows 7, but I did take a short break to catch up on a little bit of  '”did you know?” viewing.

    This is a little of what I discovered. Independent and undecided voters would do well to check this out.

Fri Oct 29, 2010 at 10:40:03 AM PDT

Questions:

1. What was the average monthly private sector job growth in 2008, the final year of the Bush presidency, and what has it been so far in 2010?

1. What was the Federal deficit for the last fiscal year of the Bush presidency, and what was it for the first full fiscal year of the Obama presidency?

1. What was the stock market at on the last day of the Bush presidency? What is it at today?

1. Which party's candidate for speaker will campaign this weekend with a Nazi reenactor who dressed up in a SS uniform?

Answers:

1. In 2008, we lost an average of 317,250 private sector jobs per month. In 2010, we have gained an average of 95,888 private sector jobs per month. (Source) That's a difference of nearly five million jobs between Bush's last year in office and President Obama's second year.

1. In FY2009, which began on September 1, 2008 and represents the Bush Administration's final budget, the budget deficit was $1.416 trillion. In FY2010, the first budget of the Obama Administration, the budget deficit was $1.291 trillion, a decline of $125 billion. (Source) Yes, that means President Obama has cut the deficit -- there's a long way to go, but we're in better shape now than we were under Bush and the GOP.

1. On Bush's final day in office, the Dow, NASDAQ, and S&P 500 closed at 7,949, 1,440, and 805, respectively. Today, as of 10:15AM Pacific, they are at 11,108, 2,512, and 1,183. That means since President Obama took office, the Dow, NASDAQ, and S&P 500 have increased 40%, 74%, and 47%, respectively.

1. The Republican Party, whose candidate for speaker, John Boehner, will campaign with Nazi re-enactor Rich Iott this weekend. If you need an explanation why this is offensive, you are a lost cause.

The moral of the story is this: if you vote Republican, I hope you enjoy Election Day -- because you're not going to like what comes next.

 

Technorati Tags: President,Barack Obama,Wall Street,Economy,Employment,News,Republicans,Undicided Voters

Another Windows Re-Install…

 

…has kept me offline for the past 36 hours or so. I just could no longer live with that ancient Windows XP so I went and install Windows 7 Ultimate again. It finally got cheap enough for me to buy. Of course, now I have to find the correct audio drivers for the damned machine.

   I’ll be back!

Technorati Tags: Windows 7,Microsoft,News

Democrats and Republicans:Latest Polling

The Rasmussen Reports  daily Presidential Tracking Poll for Tuesday shows that 28% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty-three percent (43%) Strongly Disapprove

    Forty-three percent (43%) believe that neither Republicans nor Democrats represent the American people. Thirty-eight percent (38%) say it’s at least somewhat likely a third party presidential candidate will be elected within the next decade.

Overall, 47% of voters say they at least somewhat approve of the president's performance. Fifty-two percent (52%) disapprove.

    There is also a new poll out by NewsWeek which was conducted with cell phone users only. Some interesting results.

   … NEWSWEEK Poll (full results) shows that they remain in a close race with Republicans 12 days before Election Day, while the president’s approval ratings have climbed sharply. The poll finds that 48 percent of registered voters would be more likely to vote for Democrats, compared with 42 percent who lean Republican (those numbers are similar to those in the last NEWSWEEK Poll, which found Democrats favored 48 percent to 43 percent). President Obama’s approval ratings have jumped substantially, crossing the magic halfway threshold to 54 percent, up from 48 percent in late September, while the portion of respondents who disapprove of the president dropped to 40 percent, the lowest disapproval rating in a NEWSWEEK Poll since February 2010. However, his approval rating, which is notably higher than many recent polls of the president’s popularity, may be evidence of a closing “enthusiasm gap” more than a sea change in voter attitudes, and may not substantially affect Democrats’ fortunes come Election Day. In 1994, NEWSWEEK Polls showed a similar steep climb in President Clinton’s approval between late September and late October, but Democrats still suffered a rout in the midterms.

   Maybe a few of the American citizens are starting to realize that President Obama’s lack of progress in a swifter manner is due to the Republicans disrupting things just so that they can win an election? I would hope so.

 

Technorati Tags: Mid Term Elections,Rasmussen,NewsWeek,Polls,Polling,Democrats,Republicans,Congress,President Obama,Barack Obama,Current Events