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The Magic Is Gone

- January 19, 2012

After Three Years Of Obamanomics, Floridians Have Had Enough Of Obama’s Broken Promises And Failed Economic Policies  

“President Barack Obama Will Travel To The Walt Disney World Resort Near Orlando On Thursday, The White House Announced On Tuesday.”  (The Miami Herald Staff, “President Obama To Visit Disney World In Orlando On Thursday,” The Miami Herald, 1/17/12)

WHEN OBAMA CAMPAIGNED IN ORLANDO, HE PROMISED TO MAKE THINGS BETTER FOR THE NEXT GENERATION, BUT THE NATION IS STILL WAITING

THEN: In 2008, Candidate Barack Obama Came To Florida Lamenting Job Losses, Home Foreclosures, Declining Family Income And Rising Health Care Costs And Energy Costs. OBAMA: “With seven straight months of job losses; with the highest percentage of homes in foreclosure since the Depression; with family incomes down $1,000 and the costs of gas, groceries and health care up a whole lot more than that - so many people are looking at their children, wondering if they'll be able to give them the same chances they had.” (Candidate Barack Obama, Remarks At The 2008 National Urban League Annual Conference, Orlando, FL, 8/2/08)

NOW: Since President Obama Took Office, The Nation Has Lost 1.7 Million Jobs And The Unemployment Rate Has Increased From 7.8 Percent To 8.5 Percent. (Bureau Of Labor Statistics, Accessed 1/17/12)

  • The Unemployment Rate Has Remained Above Eight Percent For A Record 35 Straight Months(Bureau Of Labor Statistics, Accessed 1/17/12)

NOW: Since President Obama Took Office, Over 7.9 Million Properties Have Received Foreclosure Filings. (RealtyTrac, Accessed 12/22/11)

  •  In 2010, One In Every 45 Housing Units Received A Foreclosure Filing. (Press Release, “Record 2.9 Million U.S. Properties Receive Foreclosure Filings In 2010 Despite 30-Month Low In December,” RealtyTrac, 1/12/11)

NOW: From June 2009, The Official End Of The Recession, To June 2011, Median Household Income Fell 6.7 Percent. “Between June 2009, when the recession officially ended, and June 2011, inflation-adjusted median household income fell 6.7 percent, to $49,909, according to a study by two former Census Bureau officials.” (Robert Pear, “Recession Officially Over, U.S. Incomes Kept Falling,” The New York Times, 10/9/11)  

  • Median Income Is At Its Lowest Level Since 1997. “The report also indicated that median household income, adjusted for inflation, was lower last year than any year since in 1997.” (Reid J. Epstein, “Poverty Rate Highest In 18 Years,” Politico, 9/13/11)

NOW: FactCheck.org: ObamaCare Is Actually Making Health Care “Less Affordable.” “At the moment, the new law is making health care slightly less affordable. Independent health care experts say the law has caused some insurance premiums to rise. As we wrote in October, the new law has caused about a 1 percent to 3 percent increase in health insurance premiums for employer-sponsored family plans because of requirements for increased benefits. Last year’s premium increases cast even more doubt on another promise the president has made — that the health care law would ‘lower premiums by up to $2,500 for a typical family per year.’” (D’Angelo Gore, “Promises, Promises,” Fact Check.org, 1/4/12)

  • Kaiser Study Finds That Costs Of Family Coverage “Climbed” 9 Percent In 2011. “The average cost of a family policy climbed 9 percent in 2011 to $15,073, according to a poll of 2,088 private companies and state and local government agencies by the Henry J. Kaiser Family Foundation in Menlo Park, California, and the Chicago- based American Hospital Association’s Health Research and Educational Trust.” (Jeffrey Young, “Health-Benefit Costs Rise Most In Six Years,” Bloomberg, 9/27/11)

NOW: 2012 Began With Gas Prices At The “Highest Number Ever To Mark The Beginning Of A Year.” “Average U.S. gasoline prices began 2012 just under $3.28 gal, the highest number ever to mark the beginning of a year and the fifth straight weekly increase in price.” (“AAA: Gas Prices Highest Ever To Start A New Year,” Augusta Free Press, 1/8/12)

FLORIDA HAS EXPERIENCED THE FAILURES OF OBAMA’S POLICIES FIRSTHAND

Since President Obama Took Office, Florida Has Lost 98,700 Jobs And The Unemployment Rate Has Increased From 9.0% To 10.0%. (Bureau of Labor Statistics, Accessed 1/4/12)

Florida Has The Seventh Highest Foreclosure Rate In The Nation. “Other states with 2011 foreclosure rates ranking among the nation’s 10 highest were Michigan (2.21 percent), Florida (2.06 percent), Illinois (1.95 percent), Colorado (1.78 percent), and Idaho (1.77 percent).” (RealtyTrac, “2011 Year-End Foreclosure Market Report: Foreclosures On The Retreat,” Press Release, 1/12/12)

Since 2008, Florida’s Median Income Has Fallen $614. Florida’s median income fell from $44,857 in 2008 to $44,243 in 2010. (U.S. Census Website, “Median Household Income By State: 1984 To 2010,” www.census.gov, Accessed 1/17/12)

In 2012, Florida Is Expected To See An 8% Increase In Employer-Sponsored Health Insurance Costs. “The cost for employer-sponsored health insurance in Florida is expected to increase 8 percent next year…” (Liz Freeman, “Study: Florida Workers Face 8 Percent Health Insurance Cost Hike Or Higher Deductible,”Naples News, 11/21/11)

And This Week, Florida Power And Light, The State’s Largest Electricity Provider Announced It Will Seek A $695 Million Increase To Begin In 2013, Forcing The Average Customer To Pay More Than $80 More Next Year. “At a time when everything seems to be getting more expensive, Florida Power and Light, the state's largest electric provider, wants to increase how much customers pay for power. The company notified the Public Service Commission it will seek a $695 million dollar increase in 2013.  That will bring the average customer bill up by $6.80 a month, or 23 cents a day.” (Elizabeth Billingsley, “FPL Wants To Increase Rates In 2013,” WBBH News, 1/17/12)

WHICH EXPLAINS WHY OBAMA’S MESSAGE HAS “FALLEN ON DEAF EARS IN THE SUNSHINE STATE”

Quinnipiac Poll: Obama Has “Solidly Negative” Approval Rating In Florida At 42-54. (Quinnipiac Poll, 1,412 RV, MoE 2.6%, 1/4 – 8/12)

“Only 45 Percent Of Florida Voters Say They Have A Favorable Opinion Of Obama, Compared To 50 Percent Who Say They Have An Unfavorable Opinion Of Him.” (Quinnipiac Poll, 1,412 RV, MoE 2.6%, 1/4 – 8/12)

  • Only 44 Percent Of Florida Voters Say Obama Deserves A Second Term, Compared To 52 Percent Who Say He Doesn’t Deserve It. (Quinnipiac Poll, 1,412 RV, MoE 2.6%, 1/4 – 8/12)

Obama’s “Carefully-Tailored Message” Has “Fallen On Deaf Ears In The Sunshine State.” “Obama's carefully-tailored message focused on fighting for the working class seems to have fallen on deaf ears in the Sunshine State, at least so far.  Florida has been particularly hard-hit by the recession, with the state's unemployment rate and foreclosure rate ranking as one of the highest in the country.”(Josh Kraushaar, “Obama's Florida Freefall,” National Journal1/11/12)


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