Monday, October 8, 2012

Obama's Legacy: Poverty & Hunger In America; Romney Gets Debate Bounce; Romney's Big Lead Among Independents; Big Bird Wealthier Than Romney

Sasha Obama Asks Father Why He Was Acting Like Such A Pussy During Debate...The Onion

  • Regardless of the outcome in November, there is one legacy that will trail Pres. Obama for the rest of his life: the explosion in the growth of poverty and hunger in America.  Considerable damage has already been done to the country.
  • The USDA refers to hunger as "food insecurity." As of today, 16 states have more than 15% of their residents considered having very low food insecurity. Sixteen additional states fall in the 13-15% range. The remaining states fall under 13%.
  • 20.6% of households with children have low food insecurity while a female household--with no spouse---are in the 37% range (male head, no spouse is currently almost 25%).
  • Blacks are 25% while Hispanics are 26%. Whites: 11.4%.
  • There are counties in Miss. and Alabama that are as high as 36%.
  • In 2010, Meals on Wheels Association of America delivered 241 million meals nationwide in 2010. The Supplemental Nutrition Assistance Program (SNAP) spent over $7B more in 2011 than it did in 2010.
  • Currently there are over 46 million people living in poverty in America or about 15% of the population. It's risen 28% since the beginning of the recession.
  • The Census is reporting 17 states experienced an increase in poverty rates from 2010 to 2011.
  • And the country is still 6 million jobs shy of the number of jobs that existed in 2007. Gee, who was president in 2007?
  • Gallup is now reporting Romney received a bounce from the debate.  Last week Gallup had Obama at 50% and Romney at 45%. It is now 47-47%...even. 
  • Cartoon in the NY Post today blasting media bias. The reporter asks a couple this question: "Do you believe the media's polls demonstrate a bias in favor of the youthful, articulate and charismatic Barack Obama?"
  • And the Battleground Poll has Romney leading Obama among independents 51-35%, a huge margin. Obama had a similar lead over McCain in 2008 at 52-44%, a margin of 8 points.

  • The New York Daily News in a piece entitled, "Why He's Falling Apart." The piece correctly points out the Obama campaign and administration is failing in providing a compelling vision as well as his inability to defend his record (quite frankly, it's impossible. His record is a disaster). Many months ago, on this blog, I offered an opinion on why his campaign was imploding. It was clearly obvious back then.
  • The debt has increased 80% from $6.3T to over $11T during his term (it is now over $16T).

  • It appears the media is more concerned about what Romney said about Big Bird in the debate than what happened in Benghazi last month. Well, Big Bird is part of the 1%. "Sesame Street" made $211 million for PBS. In fact, Big Bird is wealthier than Mitt Romney.