Are you better off than you were four years ago?

In 1980, then GOP Presidential candidate Ronald Reagan asked voters to answer for themselves “Are you better off than you were 4 years ago?” before making decision on whom to vote for between incumbent President Carter and himself. The result was astounding/landslide victory for Reagan—51% of popular votes and 489 electoral votes versus 41% and 49 for Carter.

 Comparing how you are today with how you were in January 2009 when Obama was sworn in, are you better off?

Economy & Employment situation

—current unemployment rate (August-2012) in the U.S is at 8.1%

—if you add 8 million who gave up looking for work after consistent failure to find one, and therefore not counted as unemployed, the real unemployment rate is close to 12%

—take another step further to include those who have to work part-time since they can’t find full-time job, then you will have the unemployment/underemployment rate at a whopping 19%

In 2009, there were about 32 million receiving food stamps from the government. Today, that number is 46 million—an increase of about 44%.

Inflation

As the “Fed” continues its quantitative easing/money printing policy, for those of us who have savings, the value of our savings have gone down the same rate with the decrease in value of the dollar. The more money they print, the lower value the dollar and our savings will be—so in a way, one can say the “fed” has been robbing Americans in broad day light.

Another effect of the “money printing at will” policy is the inflation:

—Jan-2009 average gas price was at $1.86 versus current average of $3.84

—current inflation rate on food and beverage in 2012: 3.1%

—average income increase: 2.7% in 2012 (2.7% in 2011), people can’t even keep up with inflation rate

Direction of the country & Obama’s Job Approval

—fresh off his DNC, a recent Rasmussen Reports poll (09/08) showed President Obama experienced a bounce in his approval rating, 49% approved while 50% disapproved his job performance. A week earlier, the same poll showed 48% approved and 52% disapproved Obama.

—direction of the country: a Rasmussen Reports poll (09/02) showed 62% believed the country is in the wrong track.

Are you better off than you were 4 years ago?

If you are one of the 19% who are unemployed or underemployed, how worse off do you feel comparing to four years ago?

Do you think Obama has put in an honest effort working with Congressional Republicans to improve the economy and to create more jobs? All presidents must work with both parties. President Reagan worked with Tip O’Neill to get things done. Presidents Clinton worked with Newt Gingrich. There is no excuse for Obama not being able to work with John Boehner. Obama’s budget plan was defeated 99-0 in Senate and 414-0 in the House—not even one Democrat voted for it.

Or do you believe the Democrats that the economy that Obama inherited was in such a bad shape that he would need 4 more years to improve? Many economists believed the Bush’s recession ended in June 2009.

And after all, Bill Clinton has proven he could speak from both sides of his mouth very well. In Septermber-2010, while campaigning for Democrats, did he say: The Democrats are saying something like this: ‘We found a big hole that we did not dig. We didn’t get it filled in 21 months, but at least we quit digging,’” Clinton said at the time. “‘Give us two more years. If it doesn’t work, vote us out.’” What has changed since September 2010 that Democrats can prove the “big hole” so deep that Obama needs more time?

If you are one of the 50% who disapprove Obama’s job approval, do you believe Romney-Ryan will be able to bring this economy out of the current Obama’s recession? Will Romney-Ryan be able to create 1.2 new jobs that they promised?

And if you are one of the other 50% who approve Obama’s job approval, what policies of his that you think are working? Are you worried about $5 trillion in new debts without any good results to show for?

If you are one of the 62% who believe the country is in the wrong track, what is holding you back from voting for Romney? Are you scared with the lies from Obama-Biden that Medicare will be trashed under Romney-Ryan? Do you believe Obama-Biden will not continue robbing Medicare to finance ObamaCare?

Tell yourself this…

Don’t listen to what Obama and Democrats have said, but look at what Obama and Democrats have done—or haven’t done!

Don’t vote for the candidate’s likeability but rather vote for his ability.

Ch3 Nguyen

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