RUSH: "Seven Devastating Facts About the Obama Economy -- Every fifth man in America is out of a job." Twenty percent of American men are out of work. "Indeed, black male unemployment is now at the highest rate it has ever been since the US government began collecting statistics on the subject in 1972. Just 56.9 percent of black men over the age of 20 are now working. Indeed, according to Rep. Maxine Waters (D-CA), one out of every six African Americans, male or female, are now unemployed. Every seventh person you pass on the sidewalk now relies on food stamps." Every seventh person you see in a car, doesn't matter. Every seventh person at the movies. Every seventh person wherever you go relies on food stamps.
"On the last day of President Bush's presidency, gas prices were $1.84 a gallon. Today under Obama, the average price of a gallon of gas costs $3.94," and it's just fine. You're okay with that. LA Times. Whoever wrote that LA Times story I'm sure wants to get hired at ABC, probably the Today show. And $4.29 out in California. "Easter weekend in Catalina Island, California, drivers saw prices topping $7 a gallon." No big deal. You've come to expect it. You're complacent with it. It's just the way it is, not worth getting worked up over. "In 2006 and 2007, 90% of all college graduates found a job. Under Obama, just 56% of college graduates are able to find a job."
But that's okay. That's just the new norm. That's just the way it is. It's about time the United States found out what it's like to be one of the other countries in the world. We've had it too good for too long and we've had it unfairly too good for too long. We had all these riches and all these wealth and all this advanced technological lifestyle stuff 'cause we stole it from everybody. It's about time now that we found out what it's like. In 2006-2007, 90% of all college graduates found a job. Under Obama, just 56% do.
"More than one in four U.S. homeowners are 'under water' or owe more than their homes are worth. ... President Obama has increased the national debt more in three years than President Bush did in eight." And this is shocking number, and there are others that put this in even different perspective, but get this. "A record 87,897,000 Americans are no longer in the labor force. When the number of individuals who have stopped looking for a job and/or who are working part-time but desire full-time employment is included -- a figure known as the 'underemployment rate' -- real unemployment stands at 19.1," in this country. And it's not because we're in decline. Well, we're in decline, but the reason we're in decline is not because of the way the country was founded, not because of capitalism. We are in decline because of three-and-a-half years of drastically failed Obama policies.