Be INFORMED

Thursday, May 17, 2012

Romney Gains In Polling

  According to a new Gallup poll, GOP president wanna-be Mitt Romney has made an 11% jump in the polling on his favorability ranking. Can you believe it? 50% of Americans have a favorable view of this clown, his highest ratings since Gallup began tracking Romney back in 2006.

Yahoo:

Romney's increasing favorable numbers appear to be fueled by his growing popularity with Republicans and self-described independents. Among Republicans, Romney's favorable number has jumped 22 points since February to 87 percent. Meanwhile, 48 percent of independents view Romney favorably—an 11-point increase since February.

   With those numbers in mind, it’s worth noting that at present more Americans view President Obama unfavorably ( 46% ) than Romney ( 41% ).

Romney's favorable rating is two points lower than that of President Obama—which currently sits at 52 percent.

   I was actually starting to believe that the citizens of America were getting a little bit smarter than in the past. I guess that is not the case, especially among the Republican voters. It would seem that the Independent voter is also losing their mind.

Wednesday, May 16, 2012

CHART: Spending, Taxes, And Deficits Are All Lower Today Than When Obama Took Office

By Guest Blogger on May 15, 2012 at 5:00 pm

Our guest blogger is Michael Linden, Director for Tax and Budget Policy at the Center for Center for American Progress Action Fund".

Federal spending is lower now than it was when President Obama took office. I’ll pause to let you absorb the news.

In January 2009, before President Obama had even taken the oath of office, annual spending was set to total 24.9 percent of gross domestic product. Total spending this year, fiscal year 2012, is expected to top out at 23.4 percent of GDP.

Here’s another interesting fact. Taxes today are lower than they were on inauguration day 2009. Back in January 2009, the CBO projected that total federal tax revenue that year would amount to 16.5 percent of GDP. This year? 15.8 percent.

One last nugget. The deficit this year is going to be lower than what it was on the day President Obama took office. Back then, the CBO said the 2009 deficit would be 8.3 percent of GDP. This year’s deficit is expected to come in at 7.6 percent.

The fact is that Obama inherited a disaster of a federal budget. Eight years prior, when President George W. Bush took the oath of office, there was a $281 billion surplus. By the time Obama was sworn in, he was facing a $1.2 trillion deficit. Inconvenient though it may be for conservatives (especially those who are running for president), the truth is that spending, taxes and the deficit are all lower today than when President Obama took office.

This material [article] was created by the Center for American Progress Action Fund