Obama Is Too Modest Considering His Top Ranking On Deficits, Debt, Or Lack Of Jobs

Obama Rates Himself As The Fourth Best President In Modern History. OBAMA: “The issue here is not going to be a list of accomplishments. As you said yourself, Steve, you know, I would put our legislative and foreign policy accomplishments in our first two years against any president — with the possible exceptions of Johnson, F.D.R., and Lincoln — just in terms of what we’ve gotten done in modern history. But, you know, but when it comes to the economy, we’ve got a lot more work to do. And we’re going to keep on at it.”(CBS News’ “60 Minutes,” 12/9/11)

Click To Watch 

WHY WON’T OBAMA TOUT HIS NUMBER ONE RANKING AS PRESIDENT?

Number One President On Racking Up The Three Largest Deficits In U.S. History:

President Obama Has Racked Up The Three Largest Deficits In U.S. History. “The U.S budget deficit for fiscal year 2011 is $1.299 trillion, the second largest shortfall in history. The nation only ran a larger deficit for the 2009 fiscal year, which included the dramatic collapse of financial markets and a huge bailout effort by the government.”(Erik Wasson, “Treasury Announces 2011 Deficit Is Second Highest In History,” The Hill’s “On The Money”, 10/14/11)

• FY2009: The Federal Budget Deficit Was $1.413 Trillion, The Highest In U.S. History. (“Monthly Budget Review: November 2011,” Congressional Budget Office, 11/7/11)
• FY2011: The Federal Budget Deficit Was $1.299 Trillion, The Second Highest In U.S. History. (“Monthly Budget Review: November 2011,” Congressional Budget Office, 11/7/11) 
• FY2010: The Federal Budget Deficit Was $1.294 Trillion, The Third Highest In U.S. History. (“Monthly Budget Review: November 2011,” Congressional Budget Office, 11/7/11)

Obama Is Number One And On Track To Have The “Worst Jobs Record Of Any President In The Modern Era”:

The Washington Post’s Fact Checker Said “Obama Is On Track To Have The Worst Jobs Record Of Any President In The Modern Era.” “Unless the economy turns around in the next 18 months, Obama is on track to have the worst jobs record of any president in the modern era. That would be an accurate statement.” (Glenn Kessler, “Rick Perry’s Claim That Obama Has ‘Killed More Jobs’ Than Any Other President,” The Washington Post’s “The Fact Checker”, 8/22/11)

• “At This Pace, It Will Take Until The End Of 2016 For The U.S. To Replace All The Jobs Lost During The Recession That Ended Two Years Ago.” “This continues the recent trend of a slowly improving job market, consistent with a tepid recovery but no recession. In 2011, the economy has added about 120,000 jobs a month. At this pace, it will take until the end of 2016 for the U.S. to replace all the jobs lost during the recession that ended two years ago. After the previous seven post-World War II recessions, it took the economy on average about two to three years to recover job losses.” (Editorial, “When 9% Is A Relief,” The Wall Street Journal, 11/7/11)

Since President Obama Took Office The Nation Has Lost 1.9 Million Jobs And The Unemployment Rate Has Increased From 7.8 Percent To 8.6 Percent. (Bureau Of Labor Statistics, BLS.gov, Accessed 12/7/11)

• Including 1.3 Private Sector Jobs, 1.03 Million Construction Jobs, And 795,000 Manufacturing Jobs. (Bureau Of Labor Statistics, BLS.gov, Accessed 12/7/11)

The Unemployment Rate Has Remained Above Eight Percent For A Record 34 Straight Months. (Bureau Of Labor Statistics, BLS.gov, Accessed 12/7/11)

The Average Duration Of Unemployment Has More Than Doubled From 19.9 Weeks To 40.9 Weeks. (Bureau Of Labor Statistics, BLS.gov, Accessed 12/7/11)

There Are Currently 1,096,000 Unemployed Workers That Have Given Up Looking For Work. (Bureau Of Labor Statistics, BLS.gov, Accessed 12/7/11)

The Real Unemployment Rate, Including Those That Are Working Part-Time Due To Economic Reasons, Is 15.6 Percent. (Bureau Of Labor Statistics, BLS.gov, Accessed 12/7/11)

There Are Currently 13,303,000 Million Unemployed Workers. (Bureau Of Labor Statistics, BLS.gov, Accessed 12/7/11)

• There Are Currently 8.5 Million Workers Working Part-Time For Economic Reasons. (Bureau Of Labor Statistics, BLS.gov, Accessed 12/7/11)

Obama Is Number One As The “Undisputed Debt King Of The Last Five Presidents”:

Politifact: “Obama Is The Undisputed Debt King Of The Last Five Presidents.” “So by this measurement — potentially a more important one — Obama is the undisputed debt king of the last five presidents, rather than the guy who added a piddling amount to the debt, as Pelosi’s chart suggested.” (“Nancy Pelosi Posts Questionable Chart On Debt Accumulation By Barack Obama, Predecessors,” Politifact, 5/19/11)

Since Obama Took Office, The National Debt Has Increased By Over $4.5 Trillion, An Increase Of Over 42 Percent. (Department Of The Treasury, “Debt To The Penny And Who Holds It,” Treasury Direct, Accessed 12/20/11)

• Obama Is Responsible For “The Most Rapid Increase In The Debt Under Any U.S. President.” “The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on President Obama’s watch. The debt was $10.626 trillion on the day Mr. Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 trillion. It’s the most rapid increase in the debt under any U.S. president.” (Mark Knoller, “National Debt Has Increased $4 Trillion Under Obama,” CBS News, 8/22/11)
• Congressional Budget Office: “The Amount Of Federal Debt Held By The Public Has Skyrocketed In The Past Few Years …” “The amount of federal debt held by the public has skyrocketed in the past few years, rising from 40 percent of GDP at the end of 2008 to reach an estimated 67 percent by the end of this year.” (“The Budget And Economic Outlook: An Update,” Congressional Budget Office, 8/24/11)

Obama Is The Number One Campaigner In Chief:

Obama Has Attended More Campaign Events In Battleground States Than Prior Presidents. “When President Barack Obama jets to Scranton, Pa., Wednesday to promote his jobs package, he’ll log his 56th event in a presidential battleground state this year, putting him well ahead of President George W. Bush’s record-breaking swing-state travel in 2003.” (Jonathan Weisman And Carol E. Lee, “Obama Swing-State Visits Surpass Presidential Record,” The Wall Street Journal, 11/28/11)

“‘Obama Has Certainly Ramped Up The Volume,’ Said Mr. Doherty, Author Of A Forthcoming Book Called ‘The Rise Of The President’s Permanent Campaign.’” (Jonathan Weisman And Carol E. Lee, “Obama Swing-State Visits Surpass Presidential Record,” The Wall Street Journal, 11/28/11)

Obama Has Already Held More Fundraisers “Than The Last Five Presidents Did The Year Before They Sought Re-Election.” “That’s already more than the last five presidents did the year before they sought re-election,’ says Brendan Doherty, assistant professor of political science at the U.S. Naval Academy.” (Richard Wolf, “Obama Revs Up Fundraising For Re-Election Bid,” USA Today, 9/27/11)

• Obama Has Held 67 Fundraisers For His Campaign. (Mark Knoller, Twitter Feed, 12/7/11; President’s Schedule, WhiteHouse.gov, 12/14/11)
• In 2011, Obama Has Averaged A “Blistering Pace” Of More Than One Fundraiser Every Five Days. “Sixty-nine fundraisers this year by December 1. That’s an average of more than one fundraiser every five days. (Though, as Obama’s latest New York trip shows, these events are often clustered together on a single day.) This is a blistering pace of rainmaking for the 44th president in 2011.”(Andy Kroll, “Barack Obama Has, On Average, Attended A Fundraiser Every Five Days In 2011,” Mother Jones, 12/1/11)

And Golf Is Certainly Near Number One In Obama’s Mind:

Obama Has Played 1,584 Holes Of Golf, Or 88 Full Rounds, Since Taking Office. “1,584 holes? Divide by 18 you get 88 which is the number of rounds of golf Mr. Obama has played since taking office.” (Mark Knoller, “Fore More Years? Romney Hits Obama For Golfing,” CBS News, 12/9/11)