Pajamas Media » The Five Most Catastrophic Hidden Costs of the Obama Presidency
The staggeringly high unemployment rate – 9.1%, not counting the Americans who have given up looking for work or who are underemployed.
The still-tumbling housing values, now worse than the Great Depression.
The inflation indicators, with uncounted sharp inflation in food and gasoline.
The debt and the deficit, now too big to even fathom without an advanced degree in mathematics.
The unfunded future liabilities –Social Security, Medicare and Medicaid, public worker pensions, and the like.
When the S&P downgrade is thrown into this cliff-hanging mix, our fiscal situation goes from bad to worse.
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