Another Trillion Dollar Obama Disaster

Obama has managed to borrow nearly as much money as all other presidents combined, while creating the most anemic economy since his heroes Jimmy Carter and Franklin Roosevelt.

One of his first disasters was the trillion dollar “Stimulus Act” which he sold using the projection below.


So how did that work out? Red line shows reported White House unemployment numbers.


Everything Obama does is a complete catastrophe, yet 40% of the country still supports him.

About stevengoddard

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12 Responses to Another Trillion Dollar Obama Disaster

  1. R. de Haan says:

    Exclusive: Liar in Chief Obama secretly lifted sanctions against Iran months ago, screwing Israel, jeopardizing the world?

    Deal of the Century for Iran as it is to keep all it’s centrifuges
    Netanjahu: This is a ver,very bad deal:

  2. Okie says:

    Obama promises to turn lead to gold and we get crap instead.

  3. Bob Greene says:

    But he’s promised a number of times to focus like a laser on unemployment. He’s done really well in keeping it up.

  4. GoneWithTheWind says:

    When you rob Peter to pay Paul you can depend on the support of Paul.

  5. Crashex says:

    Zero Hedge notes that 932,000 people left the work force in October!!

    Do you think they are all fully committed Democrats–just so that they don’t have to be counted in the unemployment calculation? Big swing back to part-time employment from full time employment from last month, too.

    • Mike D says:

      The part time/full time isn’t such a big deal right now as seasonally adjusted it is not really out of pattern. For instance, the actual count of full time people is higher than October last year, and count of part time is lower than last year. However, come Jan. 1, the look back period for the Obamacare employer mandate starts back up.

      What I expect is that employment will look fairly ok through the holidays, then coming out the other end, the part time will stay rather than fall off. It might take a few months for things to look unusual. There’s actually an increase in part time into January based on the seasonality adjustment last year.

  6. Crashex says:

    That’s only a 2.5% error!!
    No big deal.

  7. gator69 says:

    “Super Democrat Hits Mainland US”

  8. rw says:

    Everything Obama does is a complete catastrophe, yet 40% of the country still supports him

    I’ve noticed the same thing – but I would add that the fact that everything this turkey does is a complete disaster is the only thing that stands in the way of his complete success.

  9. Baa Humbug says:

    Whenever ANY politician ‘does something’ for the economy, it will end badly.
    What’s needed is for the politicians to stop ‘doing something’ and get out of the way of individuals and business doing it for themselves.

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