Prosperity and Capitalism. America’s Oil Boom Reaganomics Vs. Obamanomics.

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Presentation transcript:

Prosperity and Capitalism

America’s Oil Boom

Reaganomics Vs. Obamanomics

Obama Jobless Recovery

Red States Vs Blue States

Growth States Vs Declining States

Texas Million Jobs Created Rest of the U.S Thousand Jobs Lost

The Greatest Story Never Told - 64 %+ 1,500%

America’s Boom and Bust

Taxmageddon Tax Rates Under Obama in 2013

Barack Obama Simplified tax form

Source: Internal Revenue Service, Statistics on Income, “Number of Returns, Shares of AGI and Total Income Tax, AGI Floor on Percentiles in Current and Constant Dollars, and Average Tax Rates,” Table 1. Available at: Past performance is no guarantee of future results. Bottom 95 Percent Pays Less than Top 1 Percent

Rich Pay More Than Their Fair Share 2010 Income and Income Tax Shares Source: Internal Revenue Service, Statistics on Income, “Number of Returns, Shares of AGI and Total Income Tax, AGI Floor on Percentiles in Current and Constant Dollars, and Average Tax Rates,” Table 1. Available at: Past performance is no guarantee of future results.

The Laffer Curve Tax Rate Tax Revenue

Inflation Rate, Past performance is no guarantee of future results. Source:

Past performance is no guarantee of future results. Source: Federal Reserve Bank of St. Louis, Monetary base Growth, Available at: Helicopter Ben Year on Year Monetary Base Growth, bi-weekly, percent, through June 2013 QE0 QE1 QE2

Source: Past performance is no guarantee of future results. 10 -Year Treasury Note yield Jan 1960 to June 2013

real interest rate on 10-year U.S bonds Jan 2003 to June 2013 Source: Past performance is no guarantee of future results.

Education and Medical Prices Skyrocket While Import Prices Drop CPI, Percent Change, 2000 to 2009 Past performance is no guarantee of future results. Bureau of Labor Statistics, Consumer Price Index, Available at:

Worker Well-Being Past performance is no guarantee of future results. Based on data from the Census Bureau and the Department of Labor.

Past performance is no guarantee of future results. Number of Years It Took for Major Technologies to Reach 50% of American Homes

High Technology

Guns and Butter: Federal Spending Explodes 1995 – 2010 Past performance is no guarantee of future results. Source: Congressional Budget Office, Historical Budget Data, Available at: Nondefense Defense Billions of U.S. Dollars

Where does your federal tax dollar go?

High Corporate Taxes Make the U.S. Uncompetitive U.S. Corporate Tax Rate v. Average for Developed Countries Past performance is no guarantee of future results. Note: The bars are the average tax rate in the rest of the world. Source: OECD Tax Policy Analysis

Past performance is no guarantee of future results. Gold Price January 1970 – January 2013 Reagan -28% Bush 4% Clinton -19% Bush 236% Carter 316% Nixon/Ford 276% Obama 46%

Economic Freedom and Income Source: EFW 2012, Exhibit 1.7.

Past performance is no guarantee of future results. Free Countries are Wealthier and Healthier

Source: Federal Reserve Bank, Nominal Major Currencies Dollar Index Past performance is no guarantee of future results. Dollar at Record Lows Dollar Index, August 2000 – November Major Currencies Dollar Index Number

National Debt by President and Control of Congress Source:

Actual vs. Expected unemployment rate: UNDER PRESIDENT OBAMA Source: "The Job Impact of the American Recovery and Reinviestment Plan," 2009, president's Council of Economic Advisers; Bureau of Labor Statistics, Labor Department. Graphic: The Washington Post. Published Oct. 7, 2011