1. 1WHY YOU SHOULD:DEMOCRATREPUBLICAN

2. 2WHY YOU SHOULD VOTE DEMOCRATSECTION 1PRESIDENT OBAMAS ECONOMIC POLICIES AREWORKING FINESECTION 2DEMOCRATS ARE BETTER THAN REPUBLICANSFOR THE ECONOMYSECTION 3 WHAT YOU NEED TO KNOW ABOUT ECONOMICSBONUS WHAT ROMNEY SAID/RED STATE SOCIALISM 3. 3SECTION 1PRESIDENT OBAMAS ECONOMIC POLICIES ARE WORKING FINE 4. 4PRESIDENT OBAMAS ECONOMIC POLICIES ARE WORKING FINEWhen Mr. Romney (and other Republicans) tell you PresidentObama inherited a difficult economy and he has made it worse,they are flat out lyingThe real question isnt Are you better off than you were 4 yearsago? Its Are you better off than you were when President Obamatook office?In January 2009, the economy and stock market were in free-fall,your 401Ks and home values were collapsing, and you had noparachute. Today your 401Ks have fully recovered, your home valueis growing again, and the economy is stronger than before therecession You are better off with President Obama than you were in January 2009! 5. 5Real Gross Domestic Product (GDP) Growth GraphFourth quarter 2008:Financial Stabilization (TARP)First quarter 2009:American Recovery and Reinvestment Act of 2009 REPUBLICANS LEFT NEGATIVE GDP. PRES. OBAMA WENT POSITIVE IN JUST 2 QS 6. 6 Real GDP is doing fineGOOD GDP GROWTH: 1982-1995BUBBLE: 1996-2008 OBAMA BACK TO GOOD GROWTH - DONT WANT BUBBLEPRES. OBAMAS POLICY WORKING LIKE 1982 TO 1995 - GOODFASTER WOULD CREATE A BUBBLE - BAD 7. 7U.S Unemployment Rate Monthly Back to 1941 Sept 12 UNEMPLOYMENT RECOVERY RATE UNDER PRES. OBAMA IS AS GOOD AS IT GETSFASTER THAN 5 OF LAST 6 RECOVERIES ECONOMIC POLICY WORKING VERY WELL! 8. 8U-6 UnemploymentJanuary, 2012 = 15.1%October, 2009February, 2012 = 14.9%17.2%March, 2012 = 14.5%April, 2012 = 14.5%May, 2012 = 14.8%January, 1994 June, 2012 = 14.9%April, 2012 11.8%14.5% September, 200310.4% December, 2006 7.9% October, 2000 6.8%PRES OBAMAS U6 UNEMPLOYMENT RECOVERY RATE IS AS GOOD AS LAST TWO! 9. 9 Change in Payroll Jobs per Month (ex-Census)Bushs LegacyJANUARY-INAUGURATED FEBRUARY-RECOVERY ACT MARCH-IDENTIFY JOBS APRIL-FUND AND START JOBS PRES. OBAMA HAS ADDED 2M NET JOBS IN JUST THREE AND A HALF YEARS IN OFFICE 10. 10Private sector job creation Source: http://www.classwarfareexists.com/chart-private-sector-job-creation-bush-v-obama/#axzz265xbmEuCExcluding each ones first year in office (treating Bushs early job losses as a Clinton legacy, and Obamas early job losses as a Bush legacy), PresidentObama has added more than twice as many private sector jobs in two anda half years than President Bush did in 7 years. 11. 11Real Retail Sales Cumulative Growth Since 1959RETAIL SALES GROWING FASTER THAN THE 60 YEAR TREND - OBAMANOMICS WORKING! 12. 12 Retail Sales (billions $)Mike Norman Economics RETAIL SALES ABOVE PRE-RECESSION LEVEL - OBAMA ECONOMY WORKING 13. 13 Real Exports of Goods & ServicesEXPORTS ABOVE TREND AND PRE-RECESSION LEVEL - OBAMA ECONOMY WORKING 14. 14Corporate Profits (billions $)Mike Norman EconomicsCORPORATE PROFITS AT ALL TIME HIGH - OBAMA ECONOMY WORKING 15. 15 Real Nonresidential Investment REAL BUSINESS INVESTMENT HAS RECOVERED RAPIDLY UNDER PRESIDENT OBAMA.UNCERTAINTY IS NOT HOLDING BACKRECOVERED RAPIDLY UNDER PRESIDENT OBAMA. REAL BUSINESS INVESTMENT HAS INVESTMENT. REPUBLICAN CLAIMS ARE WRONGUNCERTAINTY IS NOT HOLDING BACK INVESTMENT. REPUBLICAN CLAIMS ARE WRONG 16. 16National Average Retail Gas Prices Regular Grade, As Surveyed By The AAA Motor ClubGAS PRICES SPIKED ABOVE $4.00/GAL UNDER PRES. BUSH. NOW IN NORMAL RANGE UNDER PRES. OBAMA.REPUBLICANS COMPARISON TO SHORT DOWN-SPIKE IN 2009 IS CHERRY-PICKING 17. 17SECTION 2 DEMOCRATS ARE BETTER THANREPUBLICANS FOR THE ECONOMY 18. 18DEMOCRATS ARE BETTER THAN REPUBLICANS FOR THE ECONOMYWHY YOU SHOULD VOTE DEMOCRAT 9 OF THE LAST 10 RECESSIONS TOOK PLACE UNDER REPUBLICAN PRESIDENTS REPUBLICANS INCREASE THE DEFICIT, DEMOCRATS REDUCE THE DEFICIT REPUBLICANS LOSE MANUFACTURING JOBS, DEMOCRATS GAIN MANUFACTURING JOBS REPUBLICANS GIVE YOU BIGGER, LESS PRODUCTIVE GOVERNMENT REPUBLICAN ADMINISTRATIONS OUTSPEND DEMOCRATS DRAMATICALLY REPUBLICANS GIVE US MORE POVERTY THAN DEMOCRATS DO REPUBLICANS REDUCE MALE EMPLOYMENT DEMOCRATS RESPONSIBLE REPUBLICANS IRRESPONSIBLE 19. 19 U.S. RecessionsKennedyNixonFordBushEisenhower Bush II Reagan60 YEARS - 9 OF LAST 10 RECESSIONS UNDER REPUBLICAN PRESIDENTS !! 20. 20 Federal Deficit/Surplus - Percentage of GDPFederal Deficit/Surplus - % of GDP Kenned/ Kennedy/ CarterCarterCoolidge/Coolidge/ Johnson Johnson HooverHoover Roosevelt/Truman Roosevelt/Truman EisenhowerEisenhowerNixon/FNixon/ Reagan/Bush Reagan/Bush I ClintonClinton BushIIBush II ObamaObama ordFordSource: White House Office of Management and Budget UP ARROW IS GOODDOWN ARROW IS BAD UP ARROW IS GOOD DOWN ARROW IS BAD - REPUBLICANS INCREASE DEFICIT 21. 21 Manufacturing EmploymentTrends by Presidential TermsUP IS GOOD FOR AMERICA DOWN IS BAD FOR AMERICADEMOCRATS ARE GOOD FOR AMERICAEVERY REPUBLICAN ADMINISTRATION SINCE WWII DESTROYED MANUFACTURING JOBS!! 22. 22WHO GAVE US THE FEDERAL DEBT?1913 through 2008 Average Deficit Spending with aDemocratic President in Office (48 years): $75.7 billion average per yearRepublican President in Office (48 years): $176.4 billion average per year Or to avoid any back-end weighting effect lets look at:1977 through 2000 Average Deficit Spending with aDemocratic President in Office (12 years): $148.9 billion average per yearRepublican President in Office (12 years): $265.7 billion average per yearWhy would you elect Republicans? 23. 23WHO GAVE US THE FEDERAL DEBT?1977 through 2007 Average Deficit Spending(omitting Bush IIs disastrous last year to be fair) with a Democratic President in Office (12 years): $44.4 billion average per year Republican President in Office (19 years): $310.6 billion average per year Democrat House/Senate (14 years): $167.6 billion average per year Republican House/Senate (10 years): $297.3 billion average per year Split House/Senate (7 years): $203.7 billion per year Why would you elect Republicans? 24. 24Number in Poverty and Poverty Rate: 1959 to 2010Kennedy/Johnson Nixon/Ford Carter Reagan/Bush Clinton Bush II ObamaPOVERTY INCREASED BY 17 MILLION UNDER REPUBLICANS ANDDECREASED BY 9 MILLION UNDER DEMOCRATS 25. 25 Government Spending REPUBLICANSDEMOCRATSDEMOCRATS ARE THE RESPONSIBLE SPENDERS 26. 26 Percentage OF MALE WORKFORCE EMPLOYED Employed% of Male WorkforceeeememployedEMPLOYED Truman Eisenhower Kennedy/John Nixon/Ford Carter Kennedy/Joh Reagan/Bush Clinton Bush II Truman Eisenhower nson son Nixon/Ford Carter Reagan/BushClinton Bush II Source: Bureau of Labor Statistics (www.bls.gov)Source www.flickr.com60 YEARS % OF MALE WORK FORCE EMPLOYED DECLINES 20 POINTS 60 YEARS - MALE WORKFORCE EMPLOYEDDECLINES 20 POINTS NET FLAT UNDER DEMOCRATIC PRESIDENTS 25 YEARS NET FLAT UNDER DEMOCRATIC PRESIDENTS - 25 YEARS20 CUMULATIVE POINTS DOWN UNDER REPUBLICAN 36 YEARS20%AGE POINTS DOWN UNDER REPUBLICAN PRESIDENTS PRESIDENTS - 36 YEARS 27. 27Change in U.S. Government Employees CLINTON CLINTON-OBAMA OBAMANET GOVERNMENT JOBS ADDED UNDER CLINTON/OBAMA NEAR ZERO.ALMOST 100% OF NEW GOVERNMENT JOBS SINCE 1980 ADDED UNDER REPUBLICANS!! 28. 28The U.S. spends about twice as much on per capitahealth care costs as other developed countries.8,000 $7,5387,000 Per Capita Health Care Costs6,0005,000 $4,627U .S. Dollars $4,079 $3,737 $3,6964,000 $3,129 $3,353 $2,870 $3,470 $2,7293,0002,0001,0000US UKItaly FranceSwedenCanada*JapanGermanySwitzerland *AustraliaSOURCE: Data from OECD Health Data 2010, October 2010. Compiled by PGPF.NOTE: Per capita health expenditures in 2008, unless otherwise noted. Comparison uses Purchasing Power Parity, which adjusts exchange rates toassume identical price of goods in different countries.*Japan and Australia data from 2007.2011 Peter G. Peterson FoundationPGPF.ORG LIFE EXPECTANCY LONGER IN ALL THE OTHER COUNTRIES - USA COSTS UP, RESULTS DOWN WHY WE NEED THE AFFORDABLE CARE ACT 29. 29SECTION 3economicsWHAT YOU NEED TO KNOW ABOUT ECONOMICS 30. 30WHAT YOU NEED TO KNOW ABOUT ECONOMICSECONOMICS 101: GDP GROWTH IS LINEAR, NOT EXPONENTIAL THE CURRENT GDP GROWTH RATE IS NORMAL, NOT TOO SLOW LOW UNEMPLOYMENT FROM 1995 TO 2008 WAS ANOMALOUS THE CURRENT HIGH UNEMPLOYMENT IS STRUCTURAL, NOT OBAMAS FAILING 31. 31 WHAT YOU NEED TO KNOW ABOUT ECONOMICSGDP GROWTH IS LINEAR, NOT EXPONENTIAL FROM 1950 TO 1982 GDP GREW ON A LINEAR TREND OF $125 BILLION PER YEAR (B/YR) IN 1982 THE GARN-ST. GERMAIN ACT DEREGULATED THRIFTS MAKING CREDIT MORE AVAILABLE IN 1982 CONSUMERS STARTED INCREASED BORROWING TO FINANCE CONSUMPTION IN 1982 GDP STARTED GROWING AT A FASTER LINEAR RATE OF $235 B/YR GDP ACCELERATED AGAIN ABOUT 1996 WITH THE DOT-COM BUBBLE TO $333 B/YR DEBT AS % OF GDP STARTED GROWING AT A GREATLY ACCELERATED RATE DEBT AS % OF GDP ACCELERATED FURTHER AS CREDIT BECAME MORE AVAILABLE IN 1999 THE GRAMM-LEACH-BLILEY ACT WAS PASSED REPEALING GLASS-STEAGALL IN 2003 THE FED DROPPED INTEREST RATES AND THE HOUSING BUBBLE WENT IN TO HIGH GEAR SINCE THE RECESSION BOTTOMED GDP IS AGAIN GROWING AT A LINEAR TREND OF $235 B/YR, EXACTLY IN LINE WITH THE 1982 TO 1996 GROWTHIN 1950 125 B/YR WAS 6.25% IN 1982 235 B/YR WAS 3.9% IN 2010 235 B/YR WAS 1.8% GDP DOES NOT GROW EXPONENTIALLY!! 32. 32REAL GDP GROWS LINEAR NOT EXPONENTIAL 2.4%/YR = BUBBLEECONOMY1.8%/YR 3.9%/YR6.25%/YR2 LONG PERIODS SUSTAINED LINEAR GROWTH PLUS ONE BUBBLE - %/YR GROWTH STEADILY DECLINING 33. 33U.S. DEBT AS A PERCENTAGE OF GDPIncluding gross federal debt annualReagan/Bush Clinton Bush II ObamaDEBT DROVE THE FASTER GROWTH AFTER 1982DEMOCRATS - RESPONSIBLE DEBT GROWTH REPUBLICANS - IRRESPONSIBLE DEBT GROWTH 34. 34GDP GROWTH RATE DECLINING6.25%/YR 1.8%/YRBLUE ARROW REFLECTS INFLATION - GROWING THEN DECLININGREAL % GROWTH RATE STEADILY DECLINING FOR 60+ YEARSGDP GROWTH IS LINEAR - NOT EXPONENTIAL! 35. 35WHAT YOU NEED TO KNOW ABOUT ECONOMICSDEMOGRAPHICS AND UNEMPLOYMENTHIGH CONSUMER DEMAND GENERATES MORE JOBSCONSUMERS PEAK SPENDING YEARS ARE FROM AGE 44 TO 50THE BOOMER GENERATION (1946-1964) WAS A LARGE COHORT -ABOUT 80 MILLION BIRTHSBOOMERS WERE BIG SPENDERSBOOMERS PEAK SPENDING YEARS WERE 1994 TO 2010THE GEN-X GENERATION (1965-1983?) WAS A SMALL COHORT -ABOUT 50 MILLION BIRTHS 36. 36WHAT YOU NEED TO KNOW ABOUT ECONOMICSDEMOGRAPHICS AND UNEMPLOYMENTGEN-X WERE CREATING A WORKER VALLEY FROM 1986 TO 2007THE PERIOD FROM 1994 THROUGH 2007 WAS PEAK DEMAND COMBINEDWITH WORKERVALLEY GIVING LOW UNEMPLOYMENTTHE START OF THE DOTCOM BUBBLE TO THE FINAL COLLAPSE OF THEHOUSING BUBBLE WAS 1995 THROUGH MID 2008THE TWO BUBBLES COINCIDED WITH THE DEMOGRAPHIC COINCIDENCETO GIVE ANOMALOUSLY LOW UNEMPLOYMENTNOW WE HAVE MILLENIALS, A LARGE COHORT, ENTERING THE WORKFORCE AS GEN-X, LOW SPENDERS, ENTER THEIR PEAK SPENDING YEARSWE WILL HAVE LOW DEMAND AND HIGH UNEMPLOYMENT FOR MANYYEARS TO COME. 37. 37WHAT YOU NEED TO KNOW ABOUT ECONOMICSJOBS DESTRUCTION AND UNEMPLOYMENT POST WWII THE USA WAS THE WORLDS INDUSTRIAL ENGINE FOR ABOUT 20 YEARS IN THE LATE 1960s FOREIGN COMPETITION STARTED GROWING ALSO IN THE LATE 1960s AMERICAN COMPANIES STARTED SETTING UP OFFSHORE TO SERVE OVERSEAS MARKETS DURING THE NEXT 20+ YEARS WE HAD INCREASING OUTSOURCING AND AUTOMATION OF BLUECOLLAR JOBS BY THE LATE 1980s WE STARTED AUTOMATING CLERICAL JOBS EG: ATMs IN THE LATE 1990s THE INTERNET ENABLED MASS JOB OFFSHORING NOW COMPUTERS PLUS ARTIFICIAL INTELLIGENCE (INTELLIMATION) ARE ENABLING ADVANCED ROBOTICS 38. 38WHAT YOU NEED TO KNOW ABOUT ECONOMICSJOBS DESTRUCTION AND UNEMPLOYMENT THE 90s DECADE WAS ENRICHED BY THE GROWTH OF THE KNOWLEDGE ECONOMY INTELLIMATION IS NOW STARTING TO REPLACE KNOWLEDGE JOBS HOUSEHOLD INCOME IS DECLINING AS BETTER AND BETTER PAYING JOBS ARE BEING DESTROYED WE HAVE HAVE HAD GROWING UNEMPLOYMENT FOR OVER 40 YEARS 7.5% TO 8% UNEMPLOYMENT IS NOW NORMAL, IE-STRUCTURAL, NOT HIGHDONT BLAME PRESIDENT OBAMA 39. 39 DEMOGRAPHICS/JOB DESTRUCTION/UNEMPLOYMENTDEMOGRAPHICS / JOB DESTRUCTION / UNEMPLOYMENTFalse False Attempted Attempted AnomalousAnomaloustrend linetrend line minimum minimum unemploymentunemployment ANOMALOUSLY LOW UNEMPLOYMENT 1995-2008 MISTAKENLY PERCEIVED AS NORMAL UNEMPLOYMENT IS WITHIN NORMAL RANGEUNEMPLOYMENT IS WITHIN NORMAL RANGENOW, INCREASED DEMAND INCREASES AUTOMATED/IMPORTED PRODUCTION, NOT JOBS NOW, INTELLIMATION DESTROYING JOBS - REMAINING JOBS LOWER PAID EXTRAORDINARY GOVERNMENT MEASURES NEEDED TO LOWER UNEMPLOYMENT - OPPOSED BY REPUBLICANS !! 40. 40BONUSWHAT ROMNEY SAID/RED STATE SOCIALISM 41. 41 WHAT ROMNEY SAIDThere are 47 percent of the people who will vote for the president nomatter what. All right, there are 47 percent who are with him, who aredependent upon government, who believe that they are victims, whobelieve the government has a responsibility to care for them, who believethat they are entitled to health care, to food, to housing, to you-name-it --that thats an entitlement. And the government should give it to them.And they will vote for this president no matter what... These are peoplewho pay no income tax...WHAT ROMNEY MEANT? TRUE - 46% OF HOUSEHOLDS PAY NO FEDERAL INCOME TAX TRUE - 47% OF VOTERS SUPPORT OBAMATHE PROBLEM THESE ARENT THE SAME 47%! ROMNEY JUST SAYS WHATEVER OCCURS TO HIM WITH NO KNOWLEDGE OF THE FACTS BEHIND WHAT HE SAYSIS THIS THE KIND OF PRESIDENT WE WANT? 42. 42LETS LOOK ATTHE 47% THAT VOTE FOR OBAMA62% ARE EMPLOYED25 % ARE RETIRED5% ARE TEMPORARILY UNEMPLOYED56% HAVE INCOME ABOVE THE US MEDIAN68% EARN BETWEEN $30,000 AND 100,000 PER YEAR43% HAVE COLLEGE DEGREESANOTHER 20% HAVE HIGH SCHOOL DIPLOMASTHEY ARE ABOVE AVERAGE IN EDUCATION AND EARNINGSNOT MUCH LIKE VICTIMS WHO FEEL ENTITLED - ARE THEYROMNEY LIES! 43. 43LETS LOOK ATTHE 46% THAT PAY NO INCOME TAX(ALMOST ALL PAY PAYROLL, PROPERTY AND/OR SALES TAXES) 50% ARE WORKING POOR - INCOME TOO LOW FOR TAXES ONLY 40% VOTED 30% OF THEM VOTED FOR McCAIN 50% HAVE TAXABLE INCOME WITH EXEMPTIONS 44% OF THEM HAVE ELDERLY EXEMPTIONS - 70% OF THEM VOTED - OF WHICH 53% VOTED FOR McCAIN 30% ARE LOW INCOME WITH CHILD EXEMPTIONS 6% ARE WORKING YOUNG WITH EDUCATION CREDITS ALMOST 20% ARE UNEMPLOYED - NOT BY CHOICE NOT MUCH LIKE OBAMA GOVERNMENT DEPENDENTS - ARE THEY ROMNEY LIES! 44. 44 LETS LOOK ATTHE TOP 0.2% OF THE 46% THAT PAY NO INCOME TAX 71,000 HAD INCOME $211,000 TO $533,OOO 24,000 HAD INCOME $533,000 TO $2,200,000 3,000 HAD INCOME > $2,200,000AND ROMNEY CONCEALS SEVERAL YEARS OF HIS TAX RETURNS IS HE ONE OF THE 46% 45. 45RED STATE SOCIALISMRED STATES = TAKERS BLUE STATES = MAKERS GO BLUE - BE MAKERS 46. 46REPUBLICAN STATES BENEFIT FROM OBAMACARE RED STATES = TAKERSBLUE STATES = MAKERSGO BLUE