Interesting Statistics!

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By Neal Boortz

I’m going to try to build a little cheat sheet that Nealz Nuze readers can use when then get into the inevitable arguments with voters involved in the national suicide pact to reelect Barack Obama.  For the first portion of the cheat sheet I’m going to rely for the most part on some data gleaned from a column by U.S. News & World Report editor Mort Zuckerman.

Here are your talking points.

• How about a job?  About 15 million Americans of working age have no job and are looking for work.  
  
  
• Every fifth man in America is out of a job. 

• Fewer Jobs.  There are 5.5 million fewer jobs right now than there were when Obama was inaugurated.

• Employment Levels.  Employment has been below the pre-recession peak for over 50 consecutive months.

• U3 Unemployment Stats.  This is the 8.2% figure quoted by Obama for last month.  This counts only people who have applied for a job in the previous four weeks.

• U6 Unemployment Stats.  This figure counts the number of people who have applied for jobs in the previous 6 weeks.  It also includes people who are working in part-time jobs who want to work full time.  The U6 unemployment rate is now around 15%

• College Graduates   In 2007 90% of all college graduates found a job.  Today that figure is 56%. 

• Nearly 87 million Americans are NOT in the labor force. 

• Dropping Out.  Since Obama was sworn in about 3 million people have dropped out of the jobs market.  These people are no longer even bothering to look for a job.  If they were still in the market – still hopeful – the unemployment rate would be about 10.8%.

• Economic Growth after Great Depression.  In 1934, 35 and 36 our economy growed at 11%, 9% and 13%.  Economic growth in 2010 was 3%.  In 2011 it was 1.7%.  This year we’re running between 2 and 3%.

• Ethnic Jobless Rates.  For young workers 20 to 24 the unemployment rate is 13%.  For Hispanic teenagers it’s 30.5%.  For black teenagers it’s 37.9%.

• Private Sector Hiring.  Through June of 2011 private sector hiring was 10 times slower after the passage of ObamaCare than it was in the 16 months prior to ObamaCare. 

• New Businesses.  We need 1 million new businesses every year to sustain growth.  We’re running about 400,000 right now.

• Layoffs and Hiring.  In the first months of 2012 layoffs have risen 18% from a year ago.  Hiring plans have dropped 82%.

• Per Capita Income.  In May of 2008 per capital income in the U.S. was at $37,752.  It’s now at $37,606.  Adjust this for inflation and you have $36,641 in 2008 dropping to $32,600 now.  This is the first time since the 1930s that inflation-adjusted incomes have decreased in America. 

• Welfare  Over $1 trillion spent on government entitlement programs in the last two years.

• Welfare Increase  A 5,500% jump in means tested welfare since 1970. 

• Welfare percentage  Over ½ of households in America have someone receiving entitlement checks. 

• Food Stamps  Under Obama food stamp use has increased by 41%.

• Every 7^th person you pass on the sidewalk is on food stamps.

• EBT Cards   The increase in the use of EBT cards is 135%. 

OK … that’s a start.  We’ll work on gathering more statistics and expanding this list.  Now you’re not going to get a lot of converts face-to-face, but there’s always the possibility that some Obama myrmidon, when faced with these facts, will have a second thought when they actually walk into a voting booth.  Forward this to all your friends .. especially friends (Remindamom?) who still think Obama is actually good for this country.