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Not Better Off: By The Numbers

- March 12, 2012

Even Obama Agrees That Americans Are Not Better Off Under His Leadership

Candidate Obama: "The Question In This Election Is Not 'Are You Better Off Than You Were Four Years Ago?' We Know The Answer To That. The Real Question Is, 'Will This Country Be Better Off Four Years From Now?'" (Senator Barack Obama, Remarks At A Campaign Event, Sarasota, FL, 10/30/08)

OBAMA SAID THE QUESTION WAS WHETHER THE COUNTY WOULD BE BETTER OFF FOUR YEARS FROM NOW. THE FACTS SPEAK FOR THEMSELVES.

14,241,059: 

Increase In Americans Receiving Food Stamps Since January 2009.(Department Of Agriculture, Accessed 3/9/12)
 

2,730,000: 

Increase In Americans Unemployed For At Least 27 Weeks Since Obama Took Office. (BLS, 3/9/12) 

2,413,000:

Increase In Americans Unemployed For At Least 27 Weeks Since Stimulus Was Passed. (BLS, 3/9/12)

1,004,000:

Decrease In Construction Jobs Since Obama Took Office. (BLS, 3/9/12)

$15,316.70

Increase In Each Citizens Share Of The National Debt Since Obama Took Office. (U.S. Treasury Department, Accessed 3/9/12)

894,000:

Decrease In Construction Jobs Since Stimulus Was Passed. (BLS, 3/9/12)

864,000:

Decrease In Jobs Since Obama Took Office. (BLS, 3/9/12)

757,000:

Increase In Unemployed Workers Since Obama Took Office. (BLS, 3/9/12)

603,000:

Decrease In Manufacturing Jobs Since Obama Took Office. (BLS, 3/9/12)

557,000:

Increase In Marginally Attached Workers Since Stimulus Was Passed. (BLS, 3/9/12)

495,000:

Decrease In Manufacturing Jobs Since Stimulus Was Passed. (BLS, 3/9/12)

458,000:

Increase In Marginally Attached Workers Since Obama Took Office.  (BLS, 3/9/12)

274,000:

Decrease In Private Sector Jobs Since Obama Took Office. (BLS, 3/9/12)

63,000:

Increase In People Working Part Time For Economic Reasons Since Obama Took Office. (BLS, 3/9/12)

103.5%:

Increase In Price Per Gallon Of Regular Gas Since Obama Took Office. (AAA's Daily Fuel Gauge Report, Accessed 3/9/12)

50.1%:

Increase In American Households Receiving Food Stamps Since January 2009. (Department Of Agriculture, Accessed 3/9/12)

20.2:

Increase In Average Weeks Unemployed Since Obama Took Office. (BLS, 3/9/12)

15.9%

Increase In Americans Living In Poverty Since Obama Took Office. (U.S. Census Bureau, Accessed 3/9/12)

3.1%:

Percentage Point Increase Of Youth Unemployment Rate (16-19) Since Obama Took Office. (BLS, 3/9/12) 

$1.911:

Increase In Price Per Gallon Of Regular Gas Since Obama Took Office. (AAA's Daily Fuel Gauge Report, Accessed 3/9/12)

1.4%:

Percentage Point Increase In African American Unemployment Since Obama Took Office. (BLS, 3/9/12)

0.7%:

Percentage Point Increase In Hispanic Unemployment Since Obama Took Office. (BLS, 3/9/12)

0.7%:

Percentage Point Increase In U-6 Real Unemployment Rate Since Obama Took Office. (BLS, 3/9/12)

0.5%:

Percentage Point Increase In Unemployment Rate Since Obama Took Office.(BLS, 3/9/12)

 

 

 

 

OBAMA HASN’T DELIVERED THE CHANGE HE PROMISED AND NOW ADMITS AMERICANS ARE NOT BETTER OFF

THEN: In 2009, Obama Said “If I Don’t Have This Done In Three Years, Then There’s Going To Be A One-Term Proposition.”  OBAMA: “That's exactly right. And — and, you know, a year from now I think people — are going to see that — we're starting to make some progress. But there's still going to be some pain out there. If I don't have this done in three years, then there's going to be a one-term proposition.” (NBC’s “The Today Show,” 2/2/09)

  • White House Communications Director Dan Pfeiffer: “I Think The Economy Isn’t Something You Can Spin Your Way Out Of.” “‘I think the economy isn’t something you can spin your way out of,’ said Dan Pfeiffer. ‘The fact is, people are hurting. And there’s a real danger of sounding out of touch with the reality that people have on a day-to-day basis.’” (Richard Wolffe, Revival: The Struggle For Survival Inside The Obama White House, 2010, p. 161)

NOW: Obama Admits Americans Are Not Better Off Than They Were Four Years Ago. OBAMA: “Well I don't think they are better off than they were four years ago. They're not better off than they were before Lehman's collapse, before the financial crisis, before this extraordinary recession that we're going through.” (President Barack Obama, ABC News/Yahoo News' Live Interview, 10/3/11)

“Americans Are Two Years Into A Recovery That Doesn't Feel Much Different To Many Of Them From Life During The Most Bruising Recession In Seven Decades.” “Americans are two years into a recovery that doesn't feel much different to many of them from life during the most bruising recession in seven decades. Scenes of the long haul back from the slump show a nation struggling to rebuild after a battering that crossed ages, regions and occupations. A sobering set of economic statistics is at the heart of tales of Americans moving in with relatives, switching careers and dialing back on spending to cope with straitened circumstances amid the fitful rebound.” (Brenda Cronin, “Slow Recovery Feels Like Recession,” The Wall Street Journal, 10/31/11)

  • “No Recession Since The Great Depression Was Deeper Or Longer Than The Most Recent.” “Other data paint a similarly bleak picture. No recession since the Great Depression was deeper or longer than the most recent. It has taken two years for the nation's total output of goods and services to return to pre-recession levels, longer than after any recession since World War II. And on a per-capita basis, the Commerce Department said Thursday, output remains 3% lower than it was at the end of 2007.” (Brenda Cronin, “Slow Recovery Feels Like Recession,” The Wall Street Journal, 10/31/11)

A Robust Recovery In 2012 Does Not Look Likely. “All of these factors combined don't make a great case for a robust recovery in 2012, and that's why the Fed is likely to keep monetary policy loose for the foreseeable future.” (Annalyn Censky, “Bernanke: Job Market ‘Fall From Normal,’” CNN Money, 2/29/12)

  • “The Federal Reserve Predicts The Economy Will Grow Only 2.2% To 2.7% This Year, Not Much Faster Than It Grew In The Second Half Of 2011.” (Annalyn Censky, “Bernanke: Job Market ‘Fall From Normal,’” CNN Money, 2/29/12)

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