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The Obama Legacy By The Numbers

- December 28, 2016

Obama Touts His Legacy, But The Numbers Tell A Different Story

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$19.9 Trillion:

The Staggering Mountain Of Debt Obama Will Leave Behind On January 20, 2017. (“Daily History Of The Debt,” U.S. Department Of Treasury, Accessed 12/23/16)

$9.2 Trillion:

The Increase In The National Debt Since Obama Took Office. (“Daily History Of The Debt,” U.S. Department Of Treasury, Accessed 12/23/16)

$1 Trillion:

Tax Increases In ObamaCare Over A Decade. (“ObamaCare: Trillion Dollar Tax Hike That Hurts Small Businesses,” U.S. House Of Representatives Committee On Ways And Means, 3/31/16)

$870.3 Billion:

Estimated Economic Cost Of All The New Federal Government Regulations Finalized Since Obama Took Office. (“Regulation Rodeo,” American Action Forum, Accessed 12/27/16)

$750 Billion:

The U.S.’s Global Trade Deficit Last Year Under Obama. (U.S. Census Bureau, Accessed 12/27/16)

$690 Billion:

Increase In Student Debt Since Obama Took Office. (“Student Loans Owned And Securitized, Outstanding,” Federal Reserve Bank Of St. Louis, Accessed 12/27/16)

$377 Billion:

ObamaCare’s Tax Hikes That Effect On The Middle Class. (Glenn Kessler, “Does ‘Obamacare’ Have $1 Trillion In Tax Hikes, Aimed At The Middle Class,” The Washington Post, 3/12/13)

$344 Billion:

Estimated Economic Cost Of All The New EPA Regulations Finalized Since Obama Took Office. (“Regulation Rodeo,” American Action Forum, Accessed 12/27/16)

$292 Billion:

Projected Cost Of Obama’s Finalized Clean Power Plan Regulations. (H. Sterling Burnett, “Economic Analysis of Clean Power Plan Shows High Cost, Minimal Benefits,” The Heartland Institute, 12/2/15)

$99 Billion:

The Growth In The U.S.’s Trade Deficit With China Since Obama Took Office(“Trade In Goods With China,” U.S. Census Bureau, Accessed 12/27/16)

$29 Billion:

Projected Annual Loss Of Coal Production Due To The Interior Department’s New Stream Protection Rule. (“Economic Analysis Of Proposed Stream Protection Rule,” Ramboll Environ, 10/15)

$9.6 Billion:

Projected Annual Loss Due To The EPA’s 2012 Mercury Rule. (“Hearing Entitled ‘A Review Of EPA’s Regulatory Activity During The Obama Administration: Energy And Industrial Sectors,” U.S. House Of Representatives Committee On Energy And Commerce, 6/30/16)

$1.4 Billion:

Projected Annual Loss Due To The EPA’s 2015 Ozone Rule(“Final Ozone Rule,” American Action Forum, 10/2/15)

583 Million:

Hours Of Paperwork To Deal With All The New Federal Government Regulations Finalized Since Obama Took Office. (“Regulation Rodeo,” American Action Forum, Accessed 12/27/16)

$500 Million:

Projected Annual Loss Due To The EPA’s 2015 Coal Ash Rule(“Hazardous and Solid Waste Management System; Disposal of Coal Combustion Residuals From Electric Utilities,” Federal Register, 4/17/15, pg. 21462)

$462.9 Million:

Projected Annual Loss Due To The Administration’s 2015 “Water Of The United States” Rule. (“Final WOTUS Rule,” American Action Forum, 5/28/16)

$400 Million:

What Obama Paid Iran As Part Of Its Hostage Deal To Release Prisoners Held By The State Sponsor Of Terror. (Elise Labott, Nicole Gaouette and Kevin Liptak, “US Sent Plane With $400 Million In Cash To Iran,” CNN, 8/4/16)

$320 Million:

Projected Annual Loss Due To The EPA’s 2016 Methane Emissions Rule(“Hearing Entitled ‘A Review Of EPA’s Regulatory Activity During The Obama Administration: Energy And Industrial Sectors,” U.S. House Of Representatives Committee On Energy And Commerce, 6/30/16)

2.3 Million:

The Number Of Americans That Could Have Just One Insurer To Choose From Next Year Due To ObamaCare. (Cynthia Cox And Ashley Semanskee, Preliminary Date on Insurer Exits And Entrants In 2017 Affordable Care Act Marketplaces, Kaiser Family Foundation, 8/28/16)

2 Million:

Projected Job Losses Under Obama’s Trans-Pacific Partnership Trade Deal. (Robert E. Scott and Elizabeth Glass, “Trans-Pacific Partnership, Currency Manipulation, Trade, And Jobs,” Economic Policy Institute, 3/3/16)

301,000:

Manufacturing Jobs Lost Since Obama Took Office.  (Bureau Of Labor Statistics, Accessed 12/2/16)

280,000:

Projected Job Loss Due To The Interior Department’s New Stream Protection Rule. (“Economic Analysis Of Proposed Stream Protection Rule,” Ramboll Environ, 10/15)

82,288:

Number Of Criminals Illegal Immigrants Released By The Obama Administration From 2013 To 2015. (Maria Sacchetti, “Criminal Immigrants Reoffend At High Rates Than ICE Has Suggested,” The Boston Globe, 6/4/16)

$8,390:

The Increase In The Average Cost Of Tuition, Fees, And Room And Board At A Four Year Public College Since Obama Took Office. (“Trends In College Pricing 2016,” The College Board, 10/26/16)

5,000:

Reduction In The Number Of Illegal Immigrants Deported This Year Under Obama. (Rafael Bernal, “Deportations Under Obama Could Hit 10-Year Low,” The Hill8/31/16)

$4,370:

The Increase In The Average Cost Of Tuition, Fees, And Room And Board At A Four Year Public College Since Obama Took Office. (“Trends In College Pricing 2016,” The College Board, 10/26/16)

2,998:

The Number Of Federal Government Regulations Finalized Since Obama Took Office. (“Regulation Rodeo,” American Action Forum, Accessed 12/27/16)

970:

The Number Of Counties That Could See No Competition In Healthcare Insurers In 2017 Due To ObamaCare. (Cynthia Cox And Ashley Semanskee, Preliminary Date on Insurer Exits And Entrants In 2017 Affordable Care Act Marketplaces, Kaiser Family Foundation, 8/28/16)

717:

Less Democrat State House Representatives Since Obama Took Office. (“2009 State And Legislative Partisan Composition,” National Conference Of State Legislatures, 1/26/09; “2016 State And Legislative Partisan Composition,” National Conference Of State Legislatures, 12/6/16)

231:

Less Democrat State Senators Since Obama Took Office. (“2009 State And Legislative Partisan Composition,” National Conference Of State Legislatures, 1/26/09; “2016 State And Legislative Partisan Composition,” National Conference Of State Legislatures, 12/6/16)

183:

The Number Of New EPA Regulations Finalized Since Obama Took Office. (“Regulation Rodeo,” American Action Forum, Accessed 12/27/16)

98%:

Increase In Student Debt Since Obama Took Office. (“Student Loans Owned And Securitized, Outstanding,” Federal Reserve Bank Of St. Louis, Accessed 12/27/16)

87%:

The Increase In The National Debt Since Obama Took Office. (“Daily History Of The Debt,” U.S. Department Of Treasury, Accessed 12/23/16)

63:

Less Democrats In The House Of Representatives Since Obama Took Office. (Jennifer E. Manning, “Membership Of The 111th Congress: A Profile,” Congressional Research Service, 12/23/09; “House Election Results,” The New York Times, 12/19/16)

41:

States That Saw Deductibles Increases In 2016 Under ObamaCare. (Nathan Nascimento, “The Latest Problem Under The Affordable Care Act: Deductibles,” The National Review, 04/12/16)

28%:

The Increase In The Average Cost Of Tuition, Fees, And Room And Board At A Four Year Public College Since Obama Took Office. (“Trends In College Pricing 2016,” The College Board, 10/26/16)

23%:

The Increase In The Average Cost Of Tuition, Fees, And Room And Board At A Four Year Private College Since Obama Took Office. (“Trends In College Pricing 2016,” The College Board, 10/26/16)

22%:

Average Increase In ObamaCare Premium’s Benchmark Silver Plan In 2017. (Tami Luhby, “ObamaCare Premiums To Soar 22%,” CNN, 10/25/16)

21:

The Number Of Tax Increases In ObamaCare That Total More Than $1 Trillion Over A Decade. (“ObamaCare: Trillion Dollar Tax Hike That Hurts Small Businesses,” U.S. House Of Representatives Committee On Ways And Means, 3/31/16)

18:

Less Democrat-Controlled State Legislative Bodies Since Obama Took Office. (“2009 State And Legislative Partisan Composition,” National Conference Of State Legislatures, 1/26/09; “2016 State And Legislative Partisan Composition,” National Conference Of State Legislatures, 12/6/16)

12:

Less Democrat Governors Since Obama Took Office. (“2009 State And Legislative Partisan Composition,” National Conference Of State Legislatures, 1/26/09; Jennifer Duffy, “Governors: 2017/2018 Race Ratings,” The Cook Political Report, 12/2/16)

12:

Less Democrats In The U.S. Senate Since Obama Took Office. (Jennifer E. Manning, “Membership Of The 111th Congress: A Profile,” Congressional Research Service, 12/23/09; “House Election Results,” The New York Times, 12/19/16)

11-14%:

Projected Rise In Electricity Rates For Most Consumers As A Results Of Obama’s Finalized Clean Power Plan Regulations. (H. Sterling Burnett, “Economic Analysis of Clean Power Plan Shows High Cost, Minimal Benefits,” The Heartland Institute, 12/2/15)

5%:

The Reduction Of The Percentage Of Americans Who Self Identify As Middle-Class Since Obama Took Office. (Frank Newport, “Americans’ Identification As Middle Class Edges Back Up,” Gallup, 12/15/16)

4%:

Drop In The Rate Of Homeownership Since Obama Took Office. (“State Of Working America Data Library,” Economic Policy Institute, Accessed 12/27/16)

2%:

The “Anemic” Average Annual GDP Growth Since Obama Took Office. (Larry Light, “Obama’s 8-Year Economic Legacy: A Mixed Bag,” CBS, 12/23/16)

$0.19:

Decrease In The Median U.S. Hourly Wage Since Obama Took Office. (“State Of Working America Data Library,” Economic Policy Institute, Accessed 12/27/16)

0:

Excuses Obama Has For Why His Party’s Nominee, Who Ran On His Legacy, Failed To Win In November. (The American People, 11/8/16)


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