Serving Lincoln County for more than a century!
Serving Lincoln County for more than a century!
President Obama recently said, “In January, American businesses added another 257,000 jobs,” and that the economy was on a roll. That is great news, but he forgot to tell you that in December and January alone there were more than 2.5 million fewer people working. This is from the Bureau of Labor Statistics’ own table published Feb. 2, 2012.
Mr. Obama, if the economy is getting better, then why did new home sales in the United States hit a brand new all-time record low during 2011?
If the economy is getting better, then why are there 6 million less jobs in America today than there were before the recession started?
If the economy is getting better, then why is the average duration of unemployment in this country close to an all-time record high?
If the economy is getting better, then why has the number of Americans on food stamps increased by 3 million since this time last year, and by more than 14 million since Barack Obama entered the White House?
If the economy is getting better, then why has the number of children living in poverty in America risen for four years in a row?
If the economy is getting better, then why is the percentage of Americans living in “extreme poverty” at an all-time high?
If the economy is getting better, then why is the Federal Housing Administration on the verge of a financial collapse?
If the economy is getting better, then why do only 23 percent of American companies plan to hire more employees in 2012?
If the economy is getting better, then why has the number of self-employed Americans fallen by more than 2 million since 2006?
If the economy is getting better, then why did an all-time record low percentage of U.S. teens have a job last summer?
If the economy is getting better, then why has the number of Americans living below the poverty line increased by 10 million since 2006?
If the economy is getting better, then why is the average age of a vehicle in America now sitting at an all-time high?
If the economy is getting better, then why are 18 percent of all homes in the state of Florida currently sitting vacant?
If the economy is getting better, then why are 19 percent of all American men between the ages of 25 and 34 living with their parents?
If the economy is getting better, then why does the number of “long-term unemployed workers” stay so high? When you first took office, the number of “long-term unemployed workers” in the United States was approximately 2.6 million. Today, that number is sitting at 5.6 million.
But there is some good news.
When Barack Obama first took office, an ounce of gold was going for about $850. Today, the price of an ounce of gold is over $1700.
The era of great prosperity that America has enjoyed for so long is coming to an end.
In fact, our long-term economic decline is about to accelerate.
Yes Mr. Obama, you claim that Jesus would agree with you about taxes. I wonder what he would say? I can just hear him: “Son, figures don’t lie, but liars do figure.”
Joe Wollman
Odessa
Reader Comments(1)
Smilingfromafar writes:
Hello Ladies of the Record: Wollman's assertions should be 'fact tested' before he is allowed to make these remarks public in your otherwise very professional newspaper. Perhaps it would lend credibility to your paper if you printed some disclaimer before his letters. He's either an ignorant ditto head of Rush Limbaugh or he's a Con man making comments without concern for truth, fact or implication. He's a liar, using irrelevant statistics to ferment disrespect. A wicked Pox on him from me!
02/13/2012, 8:33 pm
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