July 7, 2011

INVESTOR’S BUSINESS DAILY: Romney’s Right: Obama Did Make It Worse.

There are 2 million fewer private-sector jobs now than when Obama was sworn in, and the unemployment rate is 1.5 percentage points higher.

• There are now more long-term unemployed than at any time since the government started keeping records.

• The U.S. dollar is more than 12% weaker.

• The number of Americans on food stamps has climbed 37%.

• The Misery Index (unemployment plus inflation) is up 62%.

• And the national debt is about 40% higher than it was in January 2009.

In fact, reporters who bother to look will discover that Obama has managed to produce the worst recovery on record.

Ouch.

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