Saturday, October 27, 2012

Dismal 2% GDP Third Quarter Growth

The US Government reported that our country experienced 2% Gross Domestic Product growth in the third quarter.   A third of that came from government spending since the way the government works, it is often spend it, or lose it.  This is dismal and not nearly enough to bring down real unemployment, impacting 23 million Americans, those unemployed, or under employed working part time that want full time work, or that have just given up looking for work altogether. 

Obamanistas were thrilled that unemployment supposedly fell to 7.8% after being at 8%, or much higher for 43 straight months.  Of course, this is a bogus number.   Real unemployment is closer to 15% when all are counted.   And, if the labor participation rate were taken into consideration, even by the normal measurement standard, the 7.8% would really be nearly 12%.   Though 5 million jobs have been created during Obama's first term, there are about 5 million fewer people in the labor force, as many have just given up looking for work. 

Many of those people have instead just gone on Disability benefits as that number has grown by 1 million people to more than 9 million since Obama took office.   So let me see.   Obama's Socialist Economic Plan has added $6 Trillion to our $16 Trillion National Debt, more than any other President in American history, with no end in sight.   Obama promised us  unemployment as a result of his spending at 6% or less.  There are fewer people working today then when Obama took office.   GDP growth is dismal and not nearly enough to bring down unemployment.   And, Obama wants us to move FORWARD with more of the same! 

I don't think so.   We have to make Obama a one term President to restore respect for our country again around the world, economic growth and job creation again in America.   The good news is that the American people are not stupid as Mitt Romney is surging in the polls, particularly in the battleground states.   This Presidential election will be decided in Nevada, Wisconsin, Michigan, Ohio, Virginia, Florida, New Hamphire, Pennsylvania, Colorado and Iowa.  About 3% of the voters in these states will decide who the next President will be on November 6.   The polls indicate that common sense may prevail.

We need to elect Mitt Romney, the next President of the United States and gain Republican control of both Houses of Congress to prevent the bankruptcy of the United States and get our country back on track.   We can do it.   We will do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   We need GDP growth at 4% or higher to bring down unemployment.   Mitt Romney has the experience and plan to make that happen.   So let's send Obama into early retirement so he and Michelle can spend more time with their Hollywood and New York City Glitterati Friend.   Maybe they can do a new TV comedy called Barack and Michelle.   Now that would be funny.

P.S.  To donate to Mitt Romney's campaign to make Obama a one term President, just go to and click on DONATE.   Once on that page, look for the line that says I know my Referrers Number, click on that box and type in 8544, the National Freedom Forum Number to make our voices heard.   Give as much as you can to take back our country.

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