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Median incomes: These have fallen 7.3% since Obama took office, which translates into an average of $4,000. Since the so-called recovery started, median incomes continued to fall, dropping $2,544, or 4.8%.
• Long-term unemployed: More than three years into Obama's recovery, 811,000 more still fall into this category than when the recession ended.
• Poverty: The poverty rate climbed to 15.1% in 2010, up from 14.3% in 2009, and economists think it may have hit 15.7% last year, highest since the 1960s.
• Food stamps: There are 11.8 million more people on food stamps since Obama's recovery started.
Disability: More than 1 million workers have been added to Social Security's disability program in the last three years.
Gas prices: A gallon of gas cost $1.89 when Obama was sworn in. By June 2009, the price was $2.70. Today, it's $3.84.
Misery Index: When Obama took office, the combination of unemployment and inflation stood at 7.83. Today it's 9.71.
Union membership: Even unions are worse off under Obama, with membership dropping half a million between 2009 and 2011.
Debt: Everyone is far worse off if you just look at the national debt. It has climbed more than $5 trillion under Obama, crossing $16 trillion for the first time on Tuesday and driving the U.S. credit rating down.
Food-stamp use reached a record 46.7 million people in June, the government said, as Democrats prepare to nominate President Barack Obama for a second term with the economy as a chief issue in the campaign.
Originally posted by nighthawk1954
You are Right! I have so many friend that are STILL unemployed ....How do you get a new job after working for a company after 30 plus years of service when you are over 55 years old?
I have had 3 friend that have lost there homes!
They say we have a unemployment rate of %8.3.
BULL CRAP! that is what is reported by large companies that lay off 100 or more personal and based on people receiving unemployment.
But in my state %85 are small businesses, these people do not get underemployment Insurance, so in the real world our state's unemployment is more like %23. There are facts to back these numbers up.
Sad to say it is so bad one of my friends that lost his home and had kids....could not take it anymore and took his own life!
I am not saying Mitt could do much better but Obama had his shot and blew it!
Oh, my business thanks to Obama Care is down %60!