More bad news for Republicans, good news for America
1) BLS just announces
Unemployment down to 7.8%
2) CBO just announces last week that Obama budget-tightening is working,
federal budget deficit has gone down for the third year in a row.
2009 10.1 % of GDP
2010 9.0 % of GDP
2011 8.7 % of GDP
2012 7.0 % GDP
We want it about 3-4% of GDP, so a ways to go, but it's definitely in right direction. Congrats Obama.
3) Federal spending tightened right
down to 1.2 trillion a year (lowest since Reagan) Congrats Obama.
4) Last week another 91 providers were busted for Medicare fraud, to the tune of $430 million in false billings.
That's a total of
$882 million in savings from Medicare fraud this year alone, uncovered due to provisions in Obamacare that make it easier to find and prosecute. Dang - congrats Obama, again.
http://www.nytimes.com/2012/10/05/bu...t-91.html?_r=0
It amazes me the lies about finances and economy that float around this presidency, spread by RWNJ. The truth is rather palatable and pleasant. Yeah, and nobody is saying it's perfect - it's definitely headed the right way, and denying that is simply hallucinatory.