* Retail sales are down.
* Auto sales are down.
* Inventories are up.
Even more, the unemployment rate is at 9.1%.
The number of Americans on food stamps continues to climb.
From The Foundry, consider this:
Case in point: On Sunday’s “Meet the Press,” host David Gregory confronted DNC chairwoman Debbie Wasserman Schultz with the cold hard facts—unemployment is up 25 percent since President Obama’s inauguration day, the debt is up 35 percent, a gallon of gas is up 104 percent, and 59 percent of Americans disapprove of the President’s handling of the economy.All this and Obamacare hasn't even kicking in full bore yet. And don't forget those energy bills that are expected to skyrocket. Which means food costs will skyrocket as well.
And what is the Democrats plan for the economy?
A third problem stems from the administration's lack of an explicit plan to deal with future budget deficits and with the exploding national debt. This creates uncertainty about future tax increases and interest rates that impedes spending by households and investment by businesses.
Oh wait. There's a commission being formed to study waste. Wonderful. That should do it.
All this bodes poorly for Obama's re-election. As it turns out, that's just fine with his family.
Someone please tell me what kind of la-la land does Debbie Wasserman Schultz live in? Turned the economy around? God help us.