election 2012, illustrated TAX CUTS, WARS PROJECTED TO ACCOUNT FOR NEARLY HALF OF PUBLIC DEBT BY 2019
SEPTEMBER 2012 UNEMPLOYMENT
$EBT HELD BY THE PUBLIC AS A SHARE OF '$0
7HHQV
25
20
0ROJECTED DEBT UNDER CURRENT POLICIES
:RPHQ 0HQ :KLWHV
15 10
OF !MERICANS THINK 0"3 GETS HALF THE 53 BUDGET
$VLDQ
THINK
0
7ARS IN )RAQ AND !FGHANISTAN
4!20 &ANNIE AND &REDDIE
The Bureau of Labor Statistics released its jobs report for September 2012 on Oct. 5, showing higher jobs added than expected—and lower unemployment.
%CONOMIC $OWNTURN 2ECOVERY -EA SURES
$EBT WITHOUT THESE FACTORS
+LVSDQLFV %ODFNV
5
"USH %RA 4AX #UTS
WAR ON BIG BIRD
7KH &HQWHU RQ %XGJHW DQG 3ROLF\ 3ULRULWLHV ³,I QRW IRU WKH %XVK WD[ FXWV WKH GH¿ FLW ¿ QDQFHG ZDUV LQ ,UDT DQG $IJKDQLVWDQ DQG WKH HIIHFWV RI WKH ZRUVW UHFHVVLRQ VLQFH WKH *UHDW 'HSUHVVLRQ LQFOXGLQJ WKH FRVW RI SROLF\PDNHUV¶ DFWLRQV WR FRPEDW LW ZH ZRXOG QRW EH IDFLQJ WKHVH KXJH GH¿ FLWV LQ WKH QHDU WHUP %\ WKHPVHOYHV LQ IDFW WKH %XVK WD[ FXWV DQG WKH ZDUV LQ ,UDT DQG $IJKDQLVWDQ ZLOO DFFRXQW IRU DOPRVW KDOI RI WKH WULOOLRQ LQ GHEW WKDW XQGHU FXUUHQW SROLFLHV WKH QDWLRQ ZLOO RZH E\ 7KH VWLPXOXV ODZ DQG ¿ QDQFLDO UHVFXHV ZLOO DFFRXQW IRU OHVV WKDQ SHUFHQW RI WKH GHEW DW WKDW WLPH ´
0ROJECTION INACCURACY
4AX 2ELIEF
)NCREASED 3PENDING
"USH /BAMA
SOURCE: CNN, 2010
GROSS PUBLIC DEBT US FROM FISCAL-YEAR 2002 TO 2012
0.00014%
2EASONS FOR DETERIORATION OF SURPLUSES PROJECTED IN
SOURCE: CENTER ON BUDGET AND POLICY PRIORITIES, CBPP.ORG, WASHINGTONPOST.COM
In reality:
SOURCE: BLS
/THER $EBT
SAY
TRILLION
SOURCE/QUOTE FROM: WASHINGTONPOST.COM
U.S. CHANGE IN JOBS (NONFARM PAYROLLS)
+
+
+
.
FISCAL YEARS GO FROM OCT. 1 UNTIL SEPT. 30. GEORGE W. BUSH LEFT OFFICE JAN. 15, 2009. SOURCE: TREASURYDIRECT.GOV
+ + +
PERCENT CHANGE IN PAYROLL EMPLOYMENT SINCE START OF PRESIDENTIAL TERM
-
SOURCE: BUREAU OF LABOR STATISTICS,YCHARTS.COM
OBAMA: SLOWEST SPENDING IN DECADES
'OVT JOBS UNDER "USH
!NNUALIZED GROWTH OF FEDERAL SPENDING
#ENSUS (IRING
2EAGAN ³ 0RIVATE SECTOR UNDER /BAMA
0RIVATE SECTOR UNDER "USH
2EAGAN ³ "USH ) ³ #LINTON ³
-ONTHS SINCE THE START OF THE PRESIDENTIAL TERM
#LINTON ³
/BAMA ³
"USH )) ³
"USH )) ³
'OVT JOBS UNDER /BAMA
SOURCE: BUREAU OF LABOR STATISTICS, THINKPROGRESS.ORG
VWLPXOXV UH DVVLJQHG WR 2EDPD
'$7$ 20% &%2 +DYHU $QDO\WLFV SOURCE: MARKETWATCH.COM
jacksonfreepress.com
11