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They Said It! Obama Defines Term As ‘Three Years Of Post-Recession Blues"

- October 19, 2011

Obama Defines His Presidency As “Three Years Of Post-Recession Blues”  

Click To Watch Obama Talk About The Post Recession Blues

President Barack Obama: “[W]hat I feel is what the American people feel, which is that we have now gone through not only two-and-a-half, three years of post recession blues where housing crashed.” (Interview With President Barack Obama, ABC News, 10/18/11)

THE OBAMA PRESIDENCY’S “POST RECESSION BLUES”

9.1%: 

Unemployment Rate. (Bureau of Labor Statistics, Accessed 10/7/11) 

2.2 Million: 

Jobs Lost Since Obama Took Office. (Bureau of Labor Statistics, Accessed 10/7/11) 

1.6 Million: 

Private Sector Jobs Lost Since Obama Took Office. (Bureau of Labor Statistics, Accessed 10/7/11)

1.5 Million:

Jobs Lost Since Obama’s Stimulus Was Passed. (Bureau of Labor Statistics, Accessed 10/7/11)

32:

Record Number Of Straight Months With Unemployment Rate Above 8 Percent. (Bureau of Labor Statistics, Accessed 10/7/11)

$4.2 Trillion:

Added To The National Debt Since Obama Took Office. (U.S. Treasury Department, Accessed 10/6/11)

3:

Record +$1 Trillion Deficits On Obama’s Watch. (CBO, 10/7/11)

7.3 Million:

Foreclosure Filings Since Obama Took Office. (RealtyTrac, Accessed 10/6/11)

FLASHBACK – OBAMA SAID IF HE DIDN’T GET THE JOB DONE, IT’D BE A “ONE-TERM PROPOSITION”

Obama: “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)


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