America Then and Now – Obama Policies Have Put America at Risk

How’s all that Hopey Changey working out for you America? I know I know it’s all Bush’s fault!

US House of Representatives: Committee On Ways And Means

Before Now Change
Number of Unemployed1 12.0 Million 13.1 Million +9%
Long-Term Unemployed2 2.7 Million 5.6 Million +107%
Unemployment Rate3 7.8% 8.5% +9%
“High Unemployment” States4 22 43 +95%
Misery Index5 7.83 11.46 +46%
Price of Gas6 $1.85 $3.39 +83%
“Typical” Monthly Family Food Cost7 $974 $1,013 +4%
Median Value of Single-Family Home8 $196,600 $169,100 -14%
Rate of Mortgage Delinquencies9 6.62% 10.23% +55%
U.S. National Debt10 $10.6 Trillion $15.2 Trillion +43%

 

1 Number of unemployed in January 2009 and December 2011. http://www.bls.gov/data/#unemployment.
2 “Long-term unemployed” means for over 26 weeks; data for January 2009 and December 2011.http://www.bls.gov/data/#unemployment.
3 Unemployment rates in January 2009 and December 2011. http://www.bls.gov/data/#unemployment.
4 “High unemployment” means having a 3-month average unemployment rate of 6% or higher. From the Bureau of Labor Statistics’ “Extended Benefits Trigger Notice” for January 18, 2009 and January 22, 2012.http://www.ows.doleta.gov/unemploy/trigger/2009/trig_011809.html andhttp://ows.doleta.gov/unemploy/euc_trigger/2012/euc_012212.html.
5 The “Misery Index” equals unemployment plus inflation. For January 2009 and December 2012. http://www.miseryindex.us/indexbymonth.asp.
6 Average retail price per gallon, January 2009 week 3 and January 2012 week 4.http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=EMM_EPMR_PTE_NUS_DPG&f=W.
7 U.S. Department of Agriculture, values represent monthly “moderate” cost per family of four for January 2009 and November 2011.http://www.cnpp.usda.gov/USDAFoodCost-Home.htm.
8 U.S. median sales price of existing single-family homes for metropolitan areas for 2008 and 2011 Q3.http://www.realtor.org/research/research/metroprice.
9 Residential mortgage delinquencies (real estate loans) for 2008 Q4 and 2011 Q3.http://www.federalreserve.gov/releases/chargeoff/default.htm.
10 Values for January 21, 2009 and January 23, 2012. http://www.treasurydirect.gov/NP/BPDLogin?application=np.

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