Originally Published: October 16, 2015 6 a.m.
A key component required to determine the unemployment is the expenditure for welfare. The 19 expenditures made by the government and the tax revenues collected by the government are published annually in the Year Books of World Book Encyclopedia. This source of data shows the welfare expenditure increased by 24 percent from 2009 to 2013. Included in this welfare increase were the costs of living, 11.3 percent, the increase of population, 3.7 percent, resulting in an increase of unemployment of 9 percent. Assuming the unemployment for 2012 was 5 percent, this would amount to an unemployment of 14 percent. M. Stauffer is just quoting the Obama lie of unemployment of 5.1 percent without analyzing the method to derive the true unemployment figure.
G.W. Bush did not come into office with a zero national debt. In his first two years, he accumulated a debt of $3 billion. Obama's first two years resulted in a debt of $2700 billion and in four years, Obama ran the debt to $5000 billion. Adding up the debt for G.W. Bush over eight years give a debt of $2000 billion. Again, this data is taken from the Year Books of the World Encyclopedia. So, if the debt was $10.7 trillion when Bush left office, as M. Stauffer claims, then Bush inherited a debt of $8.7 trillion at the start of his term. M. Stauffer's claim that Bush accumulated a debt of $10.7 trillion is totally erroneous. One wonders what other data records N. Stauffer has not understood or misquoted.
Why would anyone believe Obama's unemployment of 5.1 percent when he lied about his healthcare program, the Benghazi murders, the corrupt actions of the IRS, our economic status and the serious threat of ISIS. We are certainly not making up lies about Obama as M. Stauffer claims.