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Obama By The Numbers

- February 12, 2014

A Look At The Numbers Behind Obama's Sputtering Economy And The ObamaCare Debacle

$27.2 Trillion:

Total Amount Of Debt Projected By The End Of 2024. ("The Budget And Economic Outlook: 2014 To 2024," The Congressional Budget Office, 2/4/14)

$17.3 Trillion:

The Total National Debt After Five Years Of Promises To Tackle The Problem. (U.S. Treasury Department, Accessed 2/7/14)

$6.6 Trillion:

Added To The National Debt Since Obama Became President. (U.S. Treasury Department, Accessed 2/11/14)

$4 Trillion:

The Amount Of Debt That Obama Once Called "Irresponsible" And "Unpatriotic." (Sen. Barack Obama, Remarks At A Campaign Event, Fargo, ND, 7/3/08)

$2.2 Trillion:

Total Projected Deficits For Obama's Second Term. ("The Budget And Economic Outlook: 2014 To 2024," The Congressional Budget Office, 2/4/14)

$2 Trillion:

Cost Of ObamaCare's Coverage Provisions From 2014 To 2024. ("The Budget And Economic Outlook: 2014 To 2024," The Congressional Budget Office, 2/4/14)

$1.1 Trillion:

Total Projected Cost Of Paying For The Federal Debt From 2013 To The End Of Obama's Second Term. ("The Budget And Economic Outlook: 2014 To 2024," The Congressional Budget Office, 2/4/14)

$880 Billion:

The Projected Cost Of Paying Interest On The National Debt In 2024, Nearly Four Times The $221 Billion It Cost In 2013. ("The Budget And Economic Outlook: 2014 To 2024," The Congressional Budget Office, 2/4/14)

$819.3 Billion:

Total Taxes In ObamaCare. (CBO, 3/12;JCT, 6/15/12; CBO, 5/14/13; CBO, 7/30/13)

$566 Billion:

How Much Government Spending Is Expected To Increase By The End Of Obama's Second Term. ("The Budget And Economic Outlook: 2014 To 2024," The Congressional Budget Office, 2/4/14)

$494 Billion:

Amount Of Regulatory Burden Since Obama Took Office. (American Action Forum, 1/8/14)

$105 Billion:

The Projected Increased Cost To Pay Interest On U.S. Debt During Obama's Second Term In Office. ("The Budget And Economic Outlook: 2014 To 2024," The Congressional Budget Office, 2/4/14)

$3.6 Billion:

The Average Amount Of Debt Added Daily Since Obama Became President. (U.S. Treasury Department, Accessed 2/11/14)

47.6 Million:

Americans Receiving Food Stamps In 2013. (Department Of Agriculture, Accessed 2/7/14)

20.1 Million:

Number Of Americans Unemployed, Underemployed, Or Marginally Attached To The Labor Force. (Bureau Of Labor Statistics, Accessed 2/11/14)

19.4 Million:

The Number Of Americans That Have Joined The Food Stamp Program Since Obama Took Office. (Department Of Agriculture, Accessed 2/11/14)

10.2 Million:

The Number Of People Unemployed In January 2014. (BLS, Accessed 2/11/14)

7 Million:

The Number Of Americans That Will No Longer Have Employer-Sponsored Health Insurance From 2016 Through 2024 Due To ObamaCare. ("The Budget And Economic Outlook: 2014 To 2024,"Congressional Budget Office, 2/4/14)

6.7 Million:

The Number Of People That Have Entered Poverty Since 2008. (U.S. Census Bureau, Accessed 2/11/14)

3.7 Million:

The Number Of Americans Struggling With Long-Term Unemployment Of 27 Weeks Or Over. (BLS, Accessed 2/11/14)

2.5 Million:

The Number Of Full-Time-Equivalent Workers That Will Be Lost Due To ObamaCare. ("The Budget And Economic Outlook: 2014 To 2024,"Congressional Budget Office, 2/4/14)

947,000:

The Increase In Americans Struggling With Long-Term Unemployment Since Obama Became President. (BLS, Accessed 2/11/14)

645,000:

Construction Jobs Lost Since Obama Took Office. (BLS, Accessed 2/11/14)

485,000:

Manufacturing Jobs Lost Since Obama Took Office. (BLS, Accessed 2/11/14)

$54,356:

The Debt Per Capita For Americans In February 2014. (U.S. Census Bureau, Accessed 2/11/14; U.S. Treasury Department, Accessed 2/11/14)

$19,661:

The Increase In Debt Per Capita For Americans Since Obama Took Office. (U.S. Census Bureau, Accessed 2/11/14; U.S. Treasury Department, Accessed 2/11/14)

$3,827:

The Decline In Median House Hold Income Since Obama Became President. (Gordon Green and John Coder, "Household Income Trends Series: December 2013," Sentier Research, 1/23/13)

$3,671:

Increase In Family Health Care Premiums Under Obama, Despite His Claim That ObamaCare Would Reduce Premiums By $2,500. (The Kaiser Family Foundation, 8/20/13; President Barack Obama, Remarks By The President In The State Of The Union Address , Washington, D.C., 1/27/10)

1978:

The Last Time The Labor Force Participation Rate Was At Its Current Level. (BLS, 2/7/14)

79%:

The Amount Of Debt Held By The Public Compared To GDP By 2024. ("The Budget And Economic Outlook: 2014 To 2024," The Congressional Budget Office, 2/4/14)

79%:

Increase In The Average Price Per Gallon Of Gas Since Obama Took Office. (U.S. Energy And Information Administration, Accessed 2/11/14)

61%:

The Percent Of Americans That Believe The Country Is On The Wrong Track. (The Economist/YouGov, 1000 A, 689 RV, 3% MoE, 2/1-3/14)

53%:

Percentage Of Americans That Disapprove Of Obama's Handling Of the Economy. ( The Economist /YouGov , 1000 A, 3% MoE, 2/1-3/14)

52%:

The Percent Of Unemployed Americans Who Were 16-34-Year-Olds In January 2014. (Bureau Of Labor Statistics , Accessed 2/11/14)

50%:

The Decline In The Labor Force Participation Rate From 2007 To 2013 Due To Fewer Job Opportunities. ("The Budget And Economic Outlook: 2014 To 2024," The Congressional Budget Office, 2/4/14)

35.4:

Average Number Of Weeks Someone Was Unemployed In January 2014. (BLS, Accessed 2/11/14)

15%:

Poverty Rate In 2012 - An Increase From 13.2 Percent The Year Before Obama Became President. (U.S. Census, Accessed 1/31/14)

14.2%:

Unemployment Rate For Those Under 25. (Bureau Of Labor Statistics, Accessed 2/11/14)

14:

The Number Of Times Obama Has Pivoted To The Economy. (The Hill, 11/25/13)

12.1%:

African American Unemployment Rate In January 2014. (Bureau Of Labor Statistics, Accessed 2/7/14)

8.4%:

Hispanic Unemployment Rate In January 2014. (Bureau Of Labor Statistics, Accessed 2/7/14)

5:

Highest Deficits In U.S. History Under Obama . (Office Of Management And Budget, Accessed 1/20/14)

$1.50:

The Amount Gas Prices Have Increased Since Obama Became President. ( U.S. Energy Information Administration , Accessed 2/7/14)

1%:

The Decline In Labor Compensation From 2017 To 2024. ("The Budget And Economic Outlook: 2014 To 2024," The Congressional Budget Office, 2/4/14)

0:

Obama's Solutions To The Debt Crisis.


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