Tag Archives: Barack Obama

Let’s compare jobs and deficits between Obama and Bush

Gateway Pundit posted these graphs of unemployment rate and budget deficit from the Obama and Bush presidencies.

(Remember that the Democrats took control of Congress in January 2007 – they own the 2008 budget and unemployment rate)

Gateway Pundit writes:

48 of 50 states have lost jobs since they rammed through their so-callled Trillion dollar stimulus bill passed. The Obama-Pelosi economic plan resulted in a cumulative 7.5 million jobs deficit. In fact, Barack Obama is the worst jobs president since the Great Depression.

These are called facts. They are not the kinds of things that Barack Obama will mention in his speeches because he prefers to focus on emotions and rhetoric. He is not going to talk about unemployment and budget numbers. He is going to talk about hope and change. Don’t get fooled again.

Democrats get TWICE the amount of foreign contributions as Republicans

Obama has been complaining lately about Republicans receiving foreign money! Scary, I know.

The Hill explains who really gets the most money from foreign donors. (H/T Gateway Pundit)

Excerpt:

Democratic leaders in the House and Senate criticizing GOP groups for allegedly funneling foreign money into campaign ads have seen their party raise more than $1 million from political action committees affiliated with foreign companies.

House and Senate Democrats have received approximately $1.02 million this cycle from such PACs, according to an analysis compiled for The Hill by the Center for Responsive Politics. House and Senate GOP leaders have taken almost $510,000 from PACs on the same list.

[…]“Barack Obama criticized the Supreme Court and his adversaries over the bogus charge of foreign money tainting elections – while leaders in his own party had taken more than a million dollars from the foreign cookie jar,” said Jonathan Collegio, a spokesman for American Crossroads, the political group at the center of the controversy.

“The hypocrisy here is just stunning,” he said.

Now is it illegal to get donations from “foreign donors”? No – the money comes from American employees of foreign corporations. But Obama is a hypocrite for making it sound so scary and ominous when his party collects twice as much as the party he is vilifying.

Boeing announces higher health care premiums for 90,000 workers

From the Chicago Tribune.

Excerpt:

Aerospace giant Boeing is joining the list of companies that say the new health care law could have a potential downside for their workers.

In a letter mailed to employees late last week, the company cited the overhaul as part of the reason it is asking some 90,000 nonunion workers to pay significantly more for their health plan next year. A copy of the letter was obtained Monday by The Associated Press.

“The newly enacted health care reform legislation, while intended to expand access to care for millions of uninsured Americans, is also adding cost pressure as requirements of the new law are phased in over the next several years,” wrote Rick Stephens, Boeing’s senior vice president for human resources.

[…]Spokeswoman Karen Forte said the Boeing plan is more generous than what its closest competitors offer, and the company was concerned it would get hit with a new tax under the law.

The tax on so-called “Cadillac” health plans doesn’t take effect until 2018, but employers are already beginning to assess their exposure because it is hefty: at 40 percent of the value above $10,200 for individual coverage and $27,500 for a family plan.

[…]Boeing said annual deductibles and copayments will increase for all its plans next year.

Deductibles, the share of medical costs that employees pay annually before their plan kicks in, will go up to $300 for individuals, an increase of $100. For families, the new deductible will be $900, an increase of $300.

In addition, Boeing is instituting a copayment of 10 percent after the deductible has been met. The copayment will rise to 20 percent in 2012.

You can read more about companies affected by Obamacare here.