Who are the spenders, who is showing real leadership:
1980 Reagan Deficit $906 Billion 1988 Reagan Deficit $2,602 Trillion an increase of 186.6%
1992 Clinton Deficit $4,411 Trillion 2000 Clinton Deficit $5,807 Tillion an increase of 24%
2000 Bush II Deficit $5,807 Trillion 2008 $11,909 Trillion a increase of 105.1%
2008 Obama Deficit $11,909 Trillion 2012 $16,015 Trillion an increas of 34.5%
It is clear who the spenders are, who continues to explode the Deficit.
Romney record: Massachusetts Romney Governor July 2002-July 2006 * Labor Force down 23,916, *, 222,000 left for other states-Is part of the state’s decreasing unemployment rate from 5.6 to 4.4% (National unemployment 4.7% not really hard to get to 4.4%) Gross public debt 2002: 65.3 bil Gross public debt 2007: 89.3 bil Increase of 37% * 2007: left office with $10,504 in per capita in bond debt, the highest of any state.
Lets try Reality compare facts:
1981: Reagan Over 8 yrs: %Housing/Income: Avg 50% Avg Med Inc: $21,599 Hi %rate 17.6%/2.2 pts Low 9.32%/2.1pts Med Home 1988 $121,000
1993: Clinton Over 8 yrs: %Housing/Income: Avg 37% (dwn 13%) Avg Med Inc: $35,589 (up 64.7%) Hi 9.2%/1.8pts Low 6.71%/.09pts Med Home 2000 $162,000 (up 34%)
2001 Bush II Over 8 yrs: %Housing/Income: Avg 37% (0% Avg Med Inc: $45,043 (up 26.5%) Hi 7.16%/1pt Low: 5.23%/.6pt Med Home 2008 $229,600 (up 42%) 2006 Peak $244,700 (up 51%)
2009: Obama Over 4 yrs: %Housing/Income: Avg 28% (dwn 9% Avg Med Inc: $$48,842 (up 8.4%) Hi 5.42%/.7pts Low 3.38%/.7pts Med Home $187,300 dwn (18.4%)
From 2001 Avg Med Income +8.4%, Cost of housing -9%, % rate -3.78 Net benefit of 21.18%
(we are better off than in 2001)
ARE WE BETTER OFF?
(2012 Highest % of Jobs creation in recent history)
| |||||||||||||||
Year
|
Labor
Force
Mil.
|
Employ-ed
Mil.
|
% of Employ-ed
|
Un-employ
%
|
% Chg Labor Force
|
%
(-/+)
|
Median Housing Prices
|
Median House- hold Income
|
Yrly % of HH income/ Housing
|
Mtg
Rates Yrly Hi
|
House Costs Mo.
|
% HH Income/ Housing Costs*
|
Deficit in Trillon
|
Increase in Debt
|
President
|
1980
|
106,940
|
99,303
|
92.9%
|
7.1%
|
4.3%
|
-27.6%
|
$67,000
|
$16,523
|
24.7%
|
13.7%
|
$780
|
56.6%
|
$997
| ||
1984
|
113,544
|
105,005
|
92.5%
|
7.5%
|
6.2%
|
44.5%
|
$78,300
|
$20,935
|
26.7%
|
12.5%
|
$837
|
48.0%
| |||
1988
|
121,669
|
114,968
|
94.5%
|
5.5%
|
7.2%
|
15.9%
|
$121,000
|
$25,664
|
21.2%
|
9.3%
|
$1,001
|
46.8%
|
$2,857
|
186.6%
|
Reagan
|
1992
|
128,105
|
118,492
|
92.5%
|
7.5%
|
5.3%
|
-26.1%
|
$126,000
|
$29,448
|
23.4%
|
8.3%
|
$947
|
38.6%
|
$4,411
| ||
1996
|
133,943
|
126,708
|
94.6%
|
5.4%
|
4.6%
|
-13.8%
|
$144,900
|
$34,652
|
23.9%
|
7.9%
|
$1,050
|
36.4%
| |||
2000
|
142,583
|
136,891
|
96.0%
|
4.0%
|
6.5%
|
41.5%
|
$162,000
|
$41,186
|
25.4%
|
8.1%
|
$1,199
|
34.9%
|
$5,807
|
24.0%
|
Clinton
|
2004
|
147,401
|
139,252
|
94.5%
|
5.5%
|
3.4%
|
-47.6%
|
$229,600
|
$44,334
|
19.3%
|
6.0%
|
$1,371
|
37.1%
|
Bush
|
Tax Cut
|
‘01 & ’03
|
2006
|
151,428
|
144,427
|
95.4%
|
4.6%
|
2.7%
|
-19.2%
|
$244,700
|
$47,262
|
19.3%
|
6.3%
|
$1,513
|
38.4%
| |||
2008
|
154,287
|
145,362
|
94.2%
|
5.8%
|
1.9%
|
-30.9%
|
$229,600
|
$49,431
|
21.5%
|
6.5%
|
$1,445
|
35.1%
|
$11,909
|
105.1%
|
Bush II
|
2009
|
154,142
|
139,877
|
90.7%
|
5.8%
|
-0.1%
|
-105.0%
|
$221,900
|
$48,855
|
22.0%
|
6.5%
|
$1,445
|
35.5%
| |||
2010
|
153,889
|
139,064
|
90.4%
|
9.6%
|
-0.3%
|
-113.7%
|
$241,200
|
$48,340
|
20.0%
|
5.1%
|
$1,302
|
32.3%
| |||
2011
|
154,617
|
139,869
|
90.5%
|
8.9%
|
0.5%
|
160.0%
|
$212,300
|
$49,103
|
23.1%
|
3.8%
|
$982
|
24.0%
| |||
2012
|
154,873
|
141,956
|
91.7%
|
8.4%
|
0.2%
|
143.3%
|
$187,300
|
$49,070
|
26.2%
|
3.2%
|
$809
|
19.8%
|
$16,015
|
34.5%
|
Obama
|
Massachusetts Romney Governor July 2002-July 2006 * Labor Force down 23,916, *, 222,000 left for other states-Is part of the state’s decreasing unemployment rate from 5.6 to 4.4% (National unemployment 4.7% not really hard to get to 4.4%) Gross public debt 2002: 65.3 bil Gross public debt 2007: 89.3 bil Increase of 37% * 2007: left office with $10,504 in per capita in bond debt, the highest of any state.
| |||||||||||||||
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