November 13, 2011

DNC Chair Cant Handle The Truth On Economy And Debt

DNC Chair Debbie Wasserman Schultz Unable To Spin When Confronted With The Facts About Obamas Record
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DNC CHAIR DEBBIE WASSERMAN SCHULTZ CANT ANSWER ARE YOU BETTER OFF UNDER OBAMA QUESTION
NBCs David Gregory: Congresswoman, he's had the job; these have been his policies. You concede Americans are not better off after his leadership? DNC Chair Rep. Debbie Wasserman Schultz: Well, what I concede is that we do have a long way to go. But we absolutely have begun to turn things around, and we have made steady, but not quick enough, progress. (NBCs Meet The Press, 11/13/11) The Facts Since President Obama Took Office, The Nation Has Lost 2.1 Million Jobs And The Unemployment Rate Has Increased From 7.8 Percent To 9.0 Percent. (Bureau Of Labor Statistics,
Accessed 11/4/11)

The Washington Posts Fact Checker: Unless The Economy Turns Around In The Next 18 Months, Obama Is On Track To Have The Worst Jobs Record Of Any President In The Modern Era. That Would Be An Accurate Statement. (Glenn Kessler, Rick Perrys Claim That Obama Has Killed
More Jobs Than Any Other President, The Washington Posts The Fact Checker, 8/22/11)

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BLS October Report Suggests That President Barack Obama Will Likely Face The Voters With The Highest Unemployment Rate Of Any Postwar President. The report suggests that President Barack Obama will likely face the voters with the highest unemployment rate of any postwar president. (U.S. Employers Add 80,000 Jobs In October, Unemployment Rate Dips Slowly, The Associated Press, 11/4/11) Bureau Of Labor Statistics Commissioner Said Rate Of Job Creation Means Country May Never Return To Pre-Recession Employment Levels. REP. KEVIN BRADY (RTX):Commissioner, at this monthly rate of net 80,000 job growth, how long would it take for us to return to the unemployment levels before the recession? BUREAU OF LABOR STATISTICS COMMISSIONER KEITH HALL:Well, the short answer is never. To keep up with just the population growth, you probably need my estimate is around 130,000 jobs. So at 80,000, youre not quite even keeping up with population, so in fact over a long time period, you might even see the unemployment rate edge back up. (Joint Economic Committee, Hearing,, 11/4/11) Watch The BLS Commissioner Say Unemployment May Never Return To Pre-Recession Levels.

WASSERMAN SCHULTZ CANT HANDLE QUESTION ABOUT CANDIDATE OBAMAS WORDS FROM 2008 ABOUT INCREASING THE NATIONAL DEBT
David Gregory: "Well, but, he certainly didn't stop the decline when it came to the debt. The debt has gone up. And this was candidate Obama in July of 2008. Watch." SENATOR BARACK OBAMA (2008): The problem is, is that the way Bush has done it over the last eight years, is to take out a credit card from the Bank of China, in the name of our children, driving up our national debt from $5 trillion the first 42 presidents, number 43 added $4 trillion by his lonesome. Thats irresponsible. Its unpatriotic. David Gregory: That's his rhetoric. Should it not be turned on him now? DNC Chair Rep. Debbie Wasserman Schultz: No. What should be turned (NBCs Meet The Press, 11/13/11) The Facts Since Obama Took Office, The National Debt Has Increased By Over $4.3 Trillion, An Increase Of Over 40 Percent. (Department Of The Treasury, Debt To The Penny And Who Holds It, Treasury Direct, Accessed 11/7/11) Obama Is Responsible For The Most Rapid Increase In The Debt Under Any U.S. President.
(Mark Knoller, National Debt Has Increased $4 Trillion Under Obama, CBS News, 8/22/11)

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The Washington Posts Fact Checker: Obamas Record On The Debt Looks Pretty Bad For Obama After Not Even Three Years In Office. (Glenn Kessler, A Bogus Chart On Obama And The Debt Gets A New Lease
On Life, The Washington Post's "The Fact Checker", 9/29/11)

WaPo: [Obamas] Record On The Growth Of National Debt Is The Worst Of Recent Presidents. (Glenn Kessler, A Bogus Chart On Obama And The Debt Gets A New Lease On Life, The Washington Post's "The Fact Checker",
9/29/11)

By The Time The Next Election Rolls Around, The Government Will Have Taken On Almost $7 Trillion In Debt Under Obama. Its Hard To Explain Away A Number So Big. (Jim VandeHei and
Mike Allen, President Obamas Big Drags, Politico, 8/4/11)

By The Next Election Obama Will Have Added $22,500 In New Debt For Every Man, Woman And Child In The Nation. (Jim VandeHei and Mike Allen, President Obamas Big Drags, Politico, 8/4/11)

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