The Obama Administration has been touting the allegedly low unemployment rate, while glossing over the fact over 94,000,000 Americans have been removed from employment rolls, as they’ve given up trying to find a job. A new report reveals 1 in 6 able bodied American men is unemployed, having given up searching for a job because they simply can’t find one.
The record spending Obama has done to the tune of trillions of dollars, including giving himself and his family of four $70,000,000 worth of vacations since taking office in 2009, has made the U.S. economy infinitely weaker (The Obamas Cost American Taxpayers $70,000,000 In Luxury Vacations And Fought To Hide The Bills Showing The Lavish Spending). During this time, China, the world’s top supplier of goods, has surpassed the U.S. economy as the biggest in the world. The U.S. government continues to proclaim America the richest nation on earth, but it is debatable at this point in world history.
What is on track to happen due to Obama’s wild spending is America heading for bankruptcy. The treasury is going to run out of money at this rate. A time is coming when the federal government will no longer be able to afford to financially stay afloat. Obama simply spent too much money, more than the second biggest spender in American history, former president, George W. Bush. Austerity (for a time) is not a bad thing. Austerity is not a bad word. Throughout history it has saved global economies.
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The Obamas Cost American Taxpayers $70,000,000 In Luxury Vacations And Fought To Hide The Bills Showing The Lavish Spending
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