9 Charts: This Is What Obama’s Economy Looks Like



Unemployment hit 5 percent in October and the economy added 270,000 jobs in an unexpectedly strong showing that is good news for the White House. But wages are stagnant, more than 95 million Americans are not working, and the federal debt is soaring.

President Barack Obama recently boasted he and his Democrat allies have “pulled the United States and the world out of an economic crisis” and “stabilized the financial system” since he took office, when unemployment was in double digits and the economy was tanking.

That may be true, but these nine charts inspired by a recent Zero Hedge post show some other key happenings in the economy since Obama took office. The charts are produced by the Federal Reserve Bank of St. Louis, and the vertical bars represent times of recession.

1. Federal debt is soaring.

2. The Feds are printing an unprecedented amount of money.

3. Wages are stagnant.

4. Nearly 40 percent of Americans are not working.

5. The business workforce’s share of income is declining.

6. Spending on food stamps is soaring.

7. Student debt is soaring.

8. Home-ownership is still falling.

9. Real median family income is down.

Watch How They Reacted When Their Food Stamps Were Cancelled

The entitlement culture has spiraled out of control during Obama’s time in office.

There are millions of abled-bodied people in this country who choose not to work. Instead, they demand a handout from our government — and these handouts are paid for by hardworking taxpayers.

This video is going viral, and shows what happens when the government runs out of money to give to welfare dependents.

SHARE if you’re sick of supporting freeloaders with YOUR tax dollars!

You know what else feeds your children? A job

+lesterclaypool1 still no baby daddy’s why isn’t the state going after them get them to pay for there illegal bastard children!

These are the voters Bernie Sanders needs to be elected president.

Hold on….they get free cancer medication also? Damn, I know people that have destroyed themselves financially buying these drugs. Thats just fucked up. It MUST pay to be an idiot.

6 kids, you better get a frigging job and stop spreading your legs lady.

+youvids9820 Somehow, maybe its my Magic 8 ball, but somehow I know that given the opportunity to work for her subsistence she would rather stay home. Why is it the responsibility of the people to create the circumstances where she can work? Wasn’t it her responsibility to not have children she cannot care for? The biggest question here is what is wrong with her that she thought it would be a good idea to pop out 6 kids without any way to care for them? If we didn’t care for the first child she shouldn’t have had than we wouldn’t be caring for the 6 kids she now has. The government should announce that from this day forth we will no longer care for any future pregnancies. New people will need to decide if they want to adopt or somehow get with the father or move in with parents for support, or abort. This government sponsored poverty breeding program instituted by the liberals is a failure that leads to a spiral of dependency that destroys initiative. It leads to lots more under-educated, dependent people who vote for their free lunch.  gIf by their dependence on a government check they cannot make any other choices when voting, than these people become willing permanent servants. They are beholden to their new masters, the Democrats who toss scraps at these people. The scraps they receive cost billions every year but why not? Democrats never spent a dime of their own money, just yours.

+9999plato spreading her legs, was her job ,but the fish went bad ,now everybody’s mad..

+Troy Baker Do you want Georgia to burn? Because this is how you make Georgia burn.


Screen Shot 2015-10-09 at 10.29.01 AM

It won’t be much of a surprise to those living outside the Washington D.C. beltway


If you make it so burdensome to operate a legit business, then you’re basically giving people without big lines of credit and capital few choices but to work in the cash-only underground economy.

It won’t be much of a surprise to those living outside the Washington D.C. beltway and the Unicorn Herd of start-ups selling for millions of dollars that the underground cash-only economy is one of the few bright spots in the U.S. economy. Correspondent B.U. recently submitted this report from rural America in response to my entry What Happens to our Economy as Millions of People Lose the Habits of Hard Work?, which mentioned those in the cash-only sector as not showing up in official employment statistics:

It is very common for folks where I live to get some form of subsidy be it SSI or WIC or whatever. Then they maintain their lifestyle by:
— Selling items for cash on Craigslist:

This is mostly sub $1500 cars, Building materials or scrap metal.

I know quite a few folks that are doing very well in this line of business.

–Selling at various ‘trades-days’:

A friend mine clears ~$100K just trading in gold, firearms and ammunition.

Others I know trade cattle and livestock.

Another friend repairs cars at his home. He has weeks of backlog and turns away work all the time.

The key to all of this is that these folks have no official business. They trade only in cash. They do not make deposits in the bank except for the government checks.

The point is that for these folks, unplugging was a pay raise just in the tax exposure. When they get sick, they claim indigent and get whatever they need.

The spread between the burden of regulation and taxes is getting so onerous that folks are just falling into the very solution you describe.

I believe your focus is more professional in nature in terms of folks being a hired gun (i.e. free-lancer/contract employee). But what I see are the non-professionals as the ones who are really moving to fill the void of value that is growing as deflation/inflation oscillate.
Thank you, B.U., for the straight-up report from the real world. Despite the fact I pay all my taxes (and am royally reamed as a result), I sympathize with those making tax-free incomes in the cash-only economy.

Back when I had multiple employees in the 1980s, I was basically working to pay workers compensation insurance (40% to 80% of the hourly wage for construction workers), liability coverage, unemployment insurance, disability insurance, FICA (employers’ share of Social Security), excise tax, income tax, rent on the office that we were required by law to maintain, healthcare insurance for all the employees, filling out HUD/FHA forms required when building homes with FHA loans, and so on. Then there’s the cost of accounting and tax returns (complicated when you’re operating a business), and a long list of other expenses I’ve forgotten.

My partner and I had a stock response when any employee griped about all the money we must be making: we’d take out our keys to the office and offer it to them, and say “payday’s on Friday. It’s all yours.” I’d have been relieved if any had been dumb enough to accept the offer. No one ever did.

It’s no wonder that legit small business and self-employment is often a struggle for financial survival. I’ve covered the travails of one serial entrepreneur in launching a new business in today’s America: the costs were so heavy that he gave up. It was impossible to actually make a living once you met all the absurd regulations, codes and requirements.

The people enforcing the regulations (“just doing my job”) are paid by taxpayers; their job is safe, their paycheck and benefits guaranteed.

Our Government, Destroyer of Jobs (August 12, 2015)

The Troubling Decline of Financial Independence in America (August 28, 2015)

The Fading American Dream of Working for Yourself (October 2015)

Financial independence is the American Dream because it gives us the freedom to say Take This Job And Shove It (Johnny Paycheck).

This chart shows the tax-paying self-employed as a percentage of those with jobs (all nonfarm employees). According to the FRED data base, there are 142 million employed and 9.4 million self-employed. (The incorporated self-employed, typically physicians, attorneys, engineers, architects etc. who are employees of their own corporations, total about 5 million.)

Screen Shot 2015-10-09 at 10.32.10 AM
This chart depicts self-employment from 1929 to 2015. Self-employment is cratering in the “recovery” of high taxes, senseless regulations and burdensome report-filing (big fines if you don’t comply), tax preparation, business licence fees, fishing-expedition lawsuits, etc.

Screen Shot 2015-10-09 at 10.33.07 AM
I have no problem with paying all my taxes for a couple of reasons. One relates to “Render therefore unto Caesar the things which are Caesar’s.” That’s my view, but I don’t hold anyone else to it. That’s up to them to deal with.

I live by Andy Grove’s dictum Only the paranoid survive and for good reasons. (Intel co-founder Grove wrote a book with this as the title:Only the Paranoid Survive: How to Exploit the Crisis Points That Challenge Every Company.)

Having experienced COINTELPRO in the early 1970s, I know what’s it like to be an enemy of the State. Violating tax codes makes you a very easy target for the state. If you want to draw a target on your back, be my guest. I’m going to pass.

(The FBI thug who “was just doing his job” snarled at me, “This isn’t the Sunshine Biscuit Company, this is the FBI!” Hopefully their witty-threat training has improved.)

Anyone who can’t find a state/Corporate America job or says Take This Job And Shove It has my sympathy. I’ve been down to my last $100, and it’s a lonesome, troublesome feeling. If you make it so burdensome to operate a legit business, then you’re basically giving people without big lines of credit or plenty of capital and regulatory expertise few choices but to work in the cash-only underground economy.


Screen Shot 2015-10-06 at 9.55.47 AM


A new report shows that languages spoken in Muslim countries are surging into U.S. households, thanks in large part to immigration from Muslim nations.

2014 data from the American Community Survey reveals that Arabic and Urdu – Pakistan’s national language – are the fastest-growing foreign languages spoken at home, according to a new report by the Center for Immigration Studies.

A record 63.2 million U.S. residents, or more than one-in-five, speak a language other than English when at home, after five decades of large-scale immigration, according to Census Bureau data authored by the Center for Immigration Studies. The data also shows that 41 percent– or 25.6 million– of the residents have difficulty speaking English.

Previous reports have shown that the United States is now the second largest Spanish speaking country in the world.

But the new census study shows that the fastest-growing foreign languages, in percentage terms, are languages spoken by immigrants from Muslim-majority countries.

Between 2010 and 2014, there was a 29 percent increase in Arabic, a 23 percent increase in Urdu, and a 9 percent in Persian, which is spoken in Iran.

The findings of this report reinforce other studies, which show that Muslim immigration is the fastest growing bloc of new immigrants. Every year the United States voluntarily imports more than a quarter of a million– or 280,000– Muslim migrants (this figure includes permanently resettled immigrants, guest workers, refugees and foreign students). All of these arrivals are invited in the U.S. on visas can  collect welfare, eventually apply for citizenship, voting rights, and the ability to bring in extended-family members via visa-sponsorships and other legal means.

Arabic is now the most common language spoken by refugees, and 91.4 percent of recent refugees from the Middle East are on food stamps.

The report’s author, Steve Camarota, told Breitbart News:

“Immigration is not just an economic issue. English as our common language is part of the glue that holds our country together. These numbers suggest that the levels of immigration are so high that it may strain that. After the last great wave of immigration more than a century ago, the level of immigration was reduced and remained low for half a century, which helped with assimilation. With no pause in immigration levels in sight, the nation is headed into uncharted territory.”

Since 1980, the share of the population that speaks a foreign language at home more than doubled in Nebraska, more than tripled in Virginia, and more than quadrupled in North Carolina, says the report.

Nearly one in seven school-aged children in Minnesota, Georgia, North Carolina, Utah and Virginia speak a language other than English at home. In California, nearly one in every two school children, or 43.9 percent, speak a language other than English at home.

The number of people in America who speak a language other than English at home is now larger than the populations of Australia, New Zealand, and Canada combined

Mass Muslim migration has posed unique challenges to assimilation. Equality Now recently issued a report documenting how half a million U.S. girls are at-risk of the gruesome practice of female genital mutilation.

The cost that non-English speakers are imposing on American communities has been well documented in Dearborn, Michigan– which has been called the “Arab capitol of North America.

For example, in 2014, Eric Holder’s Department of Justice pressured the Crestwood School District in Dearborn Heights to “’take appropriate action to overcome language barriers that impede equal and meaningful participation by’ students with limited English skills.” The DOJ required that the school district, “provide ESL (English as a Second Language) instruction to all students who do not receive proficient (test) scores, USA Today reported.

“The agreement also says the district must hire sufficient interpreters and translators so that all letters, notices, and other documents are available in languages needed. The agreement doesn’t specify Arabic, but given that the agreement centered around complaints from Arab-Americans, it will probably include that… Other requirements of the agreement include increased community outreach, more diversity in hiring, and developing anti-retaliation program,”  USA Today said,

Donald Trump has made English language patriotism part of his candidacy, but

Sen. Marco Rubio (R-FL) 80%

has traveled in the opposite direction– conducting numerous interviews in Spanish including an interview in which he said he would not rescind the President’s executive amnesty pending some kind of “immigration reform” or amnesty.

Rubio has been one of the most aggressive of the Republican hopefuls to offer ideas that would increase the pace of Muslim immigration. Both his “Gang of Eight” immigration plan and his newly introduced I-Squared bill, which would essentially lift the caps on university green cards and triple the number of guest worker admissions, would substantially boost Muslim immigration.

Rubio has also joined Democrats in expressing his desire to expand the resettlement of Muslim refugees above the annual intake of the 280,000 temporary and permanent Muslim migrants the U.S. admits each year. This is part of Rubio’s campaign theme to create a “New American Century.”

While it might seem curious that progressive Democratic politicians like

Sen. Al Franken (D-MN) 4%


Sen. Amy Klobuchar (D-MN) 2%

would join Republican Sen. Marco Rubio in welcoming a wave of migrants who engage in brutalities against women into their state, the answer may lie in a finding from the Pew Research Center.

Pew found that only 11% of U.S. Muslims identify as Republicans or lean-Republican. Al Franken, whose nail-biter recount allowed him to cast the critical vote for Obamacare’s passage, made an impassioned plea during last week’s refugee hearing for the U.S. to admit even more Muslim migrants.

A separate recent Pew report demonstrated that post-1965 immigrants and their children added 72 million people to the U.S. population.

This means that immigration between 1965 and 2015 added one new resident to the population for every one net birth to the preexisting population– a ratio of one-to-one. AsBreitbart News exclusively reported based on analysis from the Senate Immigration Subcommittee, between 2015 and 2065, immigration will add seven new people for every one net U.S. birth produced by today’s population– a ratio of seven-to-one.

While U.S. ‘can’t afford’ protection for Marines, look what incoming refugees are getting..

Written by Ashley Edwardson


While many of our military families must rely on food stamps and the United States Marine Corps claims itcan’t afford bullet proof glass to protect its rifle-less riflemen, President Obama is offering piles of cash to “refugees” coming to America. Yep, that’d be YOUR tax dollars.

And the tax dollars required to support these “refugees” — many of whom, it’s turning out, are actually NOT coming from war-torn Syria — are about to explode, given new directives from the Obama administration.

According to Yahoo! News, the administration is now saying that what was supposed to be 10,000 refugee settlers has now mushroomed into a reported 100,000 newcomers to the U.S. by 2017.

“We will now go up to 85,000 with at least 10,000 over the next year in Syria specifically. And in the next fiscal year we will target 100,000,” Kerry said.

As we reported last week, many of these desperate refugees are shopping around for the host country with the best benefits. So what will the United States be doing to “compete” in this market for refugees — some of whom may not be quite as tired and poor as they are portrayed to be?

The United Conference of Catholic Bishops recently posted the list of freebies President Obama’s offering to those thousands of “refugees” he and the United Nations are demanding America accept. The information came from our very own Government Accountability Office.

As reported by the Daily Caller:

Each refugee is offered a placement grant of $1,850 from the Department of State. This includes: pre-arrival, reception, initial housing food, clothing, referral services and social programs. The benefit eligibility are for those refugees who have been in the U.S. for up to three months.

Refugees needing cash assistance can get it through Temporary Assistance for Needy Families (TANF). This is temporary financial assistance and social services for those eligible low-income refugees with dependent children. Cash assistance for refugees who do not qualify for TANF can also be obtained through Refugee Cash Assistance. This is available for those in U.S. for up to 8 months.

Supplemental Security Income (SSI) is also an option for incoming refugees and those who settled in the U.S. for up to nine years. This is cash is cash assistance for those low-income individuals who may be elderly, blind, or disabled.

Refugees who’ve been in the United States up to seven years are also offered medical financial assistance through Medicaid as well as through the State Children’s Health Insurance Program (SCHIP). Otherwise, Refugee Medical Assistance is available for up to eight months for those individuals who are not eligible for Medicaid.

The Supplemental Nutrition Assistance Program (SNAP) is made available to refugees for up to nine years while social services for refugees — including job training, placement, and retention for those settled in the U.S — are available for up to five years.

Ann Corcoran, founder of Refugee Resettlement Watch, first noticed the posting and comments, “At the top you will see that each refugee gets $1850 as a one time payment from the US Dept. of State (a family of 6 would receive $11,100). However, the contracting (non-profit) agency keeps about $750 of each refugee’s allotment for its own overhead.”

She later noted, “But, that is not all the contractor receives, most get tens of thousands of federal dollars to run myriad other programs through their offices including English language lessons, employment counseling, and even are granted federal dollars to develop community gardens for their refugee clients.”

You do the math. That means at least $342,250,000 of U.S. funds over the next couple of years.

Meanwhile, according to Marine Lt. Gen. Mark Brilakis, providing bullet-proof glass for Marine recruitment offices would cost about $100 million dollars the U.S. government just doesn’t have. General Brilakis, I think I just found your $100 million, even if it means that those refugees coming to America will have to suck it up and divide the remaining left over $243 million amongst themselves.

I don’t know about y’all, but Monday morning I’m going to light up the phone lines to my Congressmen to demand our Marines be taken care of before any refugee who sets foot on our soil. Be sure and contact us if you need any assistance contacting your representatives.