NOW:Obama:“Sometimes I Ask People To Go Back To 2008 And Look At What I Said. This Was Going To Take Some Time Because These Problems Had Been Building Up For A Long Time.” (President Barack Obama, Remarks At A Campaign Event, St. Petersburg, FL, 9/8/12)
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)
TODAY, IT’S CLEAR THAT AMERICANS AREN’T BETTER OFF THAN THEY WERE FOUR YEARS AGO
When Gov. O’Malley (D-MD) Was Asked If Americans Were Better Off After Four Years Of Obama He Said “No.” CBS’ BOB SCHIEFFER: “Can you honestly say that people are better off today than they were four years ago?” GOV. MARTIN O’MALLEY: “No, but that’s not the question of this election.” (CBS’ “Face The Nation,” 9/2/12)
Jobs:Since President Obama Took Office, The Nation Has Lost 261,000 Jobs And The Unemployment Rate Has Increased From 7.8 Percent To 8.1 Percent. (Bureau Of Labor Statistics, Accessed 9/8/12)
Unemployment:Unemployment Has Remained Above 8 Percent For 43 Consecutive Months. (Bureau Of Labor Statistics, Accessed 9/8/12) Long-Term Unemployment:The Average Duration Of Unemployment Has Nearly Doubled From 19.8 Weeks To 39.2 Weeks. (Bureau Of Labor Statistics, Accessed 9/8/12)
Net Worth:“The Net Worth Of The American Family Has Fallen To Its Lowest Level In Two Decades.” (Ylan Q. Mui, “Fed: Americans’ Wealth Dropped 40 Percent,” The Washington Post, 6/11/12)
Median Household Income: “Real Median Household Income In March Was Down $4,300 Since Obama Took Office In January 2009 …” (Mike Dorning, “Obama Fails To Stem Middle-Class Slide He Blamed On Bush,” Bloomberg, 4/30/12)
Savings: 23.4 Percent Of Families Have No Savings At All, Up From 18.5 Percent In 2009. (Christine Dugas, “Recession Added Debt, Drained Families’ Savings,”USA Today, 5/12/12)
Government Assistance:“49.1%: Percent Of The Population That Lives In A Household Where At Least One Member Received Some Type Of Government Benefit In The First Quarter Of 2011.” (Phil Izzo, “Number Of The Week: Half Of U.S. Lives In Household Getting Benefits,” The Wall Street Journal’s “Real Time Economics,” 5/26/12)
Food Stamps:Since President Obama Took Office, The Number Of Americans Receiving Food Stamps Has Increased From 31.9 Million To 46.7 Million, A 46 Percent Increase. (Department Of Agriculture, 8/30/12)
Poverty:97.3 Million Americans Now Qualify As Low-Income And Another 49.1 Million Are In Poverty; Together, 146.4 Million Americans Or 48 Percent Of The Population.(Hope Yen, “Census Shows 1 In 2 People Are Poor Or Low-Income,” The Associated Press, 12/15/11)
Food Prices:Since Obama Became President, The Monthly Price Of A Moderate-Cost Food Plan For A Family Of Four With Young Children Has Increased From $819.40 To $859.40. (“Official USDA Food Plans: Cost Of Food At Home At Four Levels, U.S. Average, January 2009,” USDA , 2/09; “Official USDA Food Plans: Cost Of Food At Home At Four Levels, U.S. Average, July 2012,” USDA, 7/12)
Gas Prices: Since Obama Took Office, The Average Price Per Gallon Of Gas Has More Than Doubled From $1.847 To $3.744. (“Gasoline And Diesel Fuel Update,” U.S. Energy And Information Administration, Accessed 9/3/12)
College Costs:Since President Obama Took Office, The Average Cost Of In-State Tuition At A Four Year College Has Risen From $6,585 To $8,244, A 25 Percent Increase. (“Trends In College Pricing 2009,” College Board, 2008; “Trends In College Pricing 2011,” College Board, 2011)
Health Care Premiums: Under Obama, The Average Cost Of Family Health Care Premiums Have Increased From $12,680 To $15,073, An Increase Of 18.9 Percent.(“Employer Health Benefits, 2011 Annual Survey, Exhibit 1.11” Kaiser Family Foundation, 2011)
Foreclosures:Currently 5.6 Million Residential Mortgages Are Either 30 Days Delinquent Or In Foreclosure. (Press Release, “LPS “First Look” Mortgage Report: July Month-End Data Shows Slight Decrease in Delinquencies,” Lender Processing Services, 8/29/12)
Negative Equity: As Of The Second Quarter Of 2012, 30.9 Percent – 15.3 Million – Of U.S. Homeowners With A Mortgage Are Underwater. (Stan Humphries, “Negative Equity Declines Slightly On The Back Of Modest Home Value Gains,”Zillow, 8/22/12)
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