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On Obama Lama Ding Dong's Watch

July 14 2011 at 12:26 PM
Anonymous 

 
The Nations Unemployment Rate Has Increased To 9.1% During The Obama Administration. The national unemployment rate for May 2011 was 9.1%. When President Obama took office in January 2009, the unemployment rate was 7.8%. (Bureau of Labor Statistics, www.bls.gov, Accessed 6/25/11)

Chronic Unemployment Has More Than Doubled And Reached Record Levels Under President Obama. According to the Bureau of Labor Statistics, roughly 2.7 million jobless Americans had been unemployed for 27 weeks or longer when President Obama took office in January 2009. By May 2011, that number had increased to 6.2 million. America is experiencing the highest level of long-term unemployment as a percentage of total employment in recorded history. (Bureau of Labor Statistics, www.bls.gov, Accessed 6/25/11)

The Average Duration Of Unemployment Has Doubled Under President Obama. According to the Bureau of Labor Statistics, the average duration of unemployment was 19.9 weeks in January 2009. By May of 2011, the average duration had increased to 39.7 weeks. (Bureau of Labor Statistics, www.bls.gov, Accessed 7/3/11)

Under President Obama, The American Economy Has Lost Roughly 2.5 Million Jobs. According to the Bureau of Labor Statistics Current Population Survey, the national employment level has fallen by an estimated 2,422,000 since President Obamas first full month in office. Payroll employment has declined by an estimated 2,520,000 (Bureau of Labor Statistics, www.bls.gov, Accessed 6/12/11)

Nearly 2 Million More Americans Are Unemployed Than When President Obama Took Office. According to the Bureau of Labor Statistics Current Population Survey, there were 13,914,000 unemployed Americans looking for work in May 2011. When President Obama took office, that number was 11,984,000. (Bureau of Labor Statistics, www.bls.gov, Accessed 7/3/11)

Retail Gas Prices Are Nearly Twice As High As When President Obama Took Office. According to AAA, the average retail price of a gallon of regular unleaded gasoline was $3.56 on July 4, 2011. For the week of January 20, 2009, the average retail price was $1.84. (AAAs Daily Fuel Gauge Report, www.fuelgaugereport.com, Accessed 7/4/11)

Total Public Debt Is Projected To Climb Above $15 Trillion This Year. The Treasury Department has told Congress that it now estimates that the total public debt of the U.S. will exceed the value of the economy this year In a report issued Friday to congressional committees, Treasury estimates that the total public debt will be $15.4 trillion this year, compared to $15.1 trillion for the gross domestic product of the United States. (Erik Wasson, GOP Seizes On Treasury Report Finding Debt Greater Than GDP, The Hills On The Money Blog, 6/6/11)

National Home Prices As Measured By The Case-Shiller Index Are Lower Than When President Obama Took Office. The Case-Shiller National Home Price Index (a quarterly gauge of single-family home prices) was at a seasonally adjusted level of 131.72 in the first quarter of 2009. The index rose as high as 137.75 in 2010 before falling again to 128.29 in the first quarter of 2011 a lower level than when President Obama took office. (S&P/Case-Shiller Home Price Indices, www.standardandpoors.com, Accessed 7/3/11)


 
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Anonymous

Does o know if SS and Military pay isn't met in Aug he doesn't get paid either?

July 14 2011, 4:28 PM 

Neither do all of his aides, Michelle's aides, secret service, FBI, CIA, his admin buddies, nor Congress. I think maybe we should tell him.

No more million dollar vacas for family and friends.....

 
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