These three very newsworthy stories have received little or no notice and are a crucial element in that transformation. The national debt is no longer receiving any time from any news outlet. Our national debt is now in excess of $18 trillion dollars. This is about 100% of our GNP. If you add the deferred commitments of the government to this total, a very conservative estimate would have our real debt at $100 trillion plus. The regime would like the American public to believe the debt is decreasing. The deficit has decreased from trillion dollar deficits to half trillion plus deficits. The debt has climbed to these current levels and continues to climb to even higher destructive levels from $10 trillion when the regime came into office. Any responsible and reasonable person understands Obama and the Marxists have increased our debt to the point where only a major economic crisis can solve the problems it causes.
Americans are starting fewer businesses, new companies are going out of business more quickly, and the new firms that do get off the ground are creating fewer jobs. New firms historically account for virtually all net new jobs generated each year in the United States. However, their annual hiring contributions have dropped about 40 percent since 2000, accelerating a downward trend that has been going on for the past three decades. In part, that’s because the number of new businesses has steadily declined. Data from 2011 showed that only 8 percent of companies are less than one year old, down from 15 percent of all firms back in the late 1970s, with a particularly sharp decline taking place during and in the years immediately following the Great Recession. Meanwhile, the number of young firms going under within the first few years has increased. Consequently, for the first time in 30 years, business deaths now outnumber business births, according to the U.S. Census Bureau.
The number of beneficiaries who receive compensation from the Supplemental Nutrition Assistance Program (SNAP), otherwise known as food stamps, has topped 46,000,000 for 37 straight months, according to data released by the Department of Agriculture (USDA). In September 2014, which is the latest data from the USDA, there were 46,459,998 Americans who received assistance from the SNAP program. The number of beneficiaries has exceeded 46 million since September 2011, a total of 37 months, or more than three years.
The Marxist Regime, headed by Obama, is creating debt at the fastest pace in history. The Marxist Regime, headed by Obama, is destroying the entrepreneurial economy that has driven the economy of America from the time of Jamestown in the second decade of the Seventeenth Century. The Marxist Regime, headed by Obama, has created and continues to create a society of people dependent on the government just as Marx told him he should do. These are major steps towards the Marxist society Obama, Holder, Jarrett, and the other Marxist/Progressives want. If you want to know how it will end if they are allowed to continue, you can look at Venezuela. The people of Venezuela were also promised hope and change by Obama’s bro Chavez.