By Joseph Curl, The Washington Times
The unemployment rate when Mr. Obama was elected was 6.8 percent; today it is 8.5 percent — at least that's the official number. In reality, the Financial Times writes, "if the same number of people were seeking work today as in 2007, the jobless rate would be 11 percent."
In addition, there are now fewer payroll jobs in America than there were in 2000 — 12 years ago — and now, 40 percent of those jobs are considered "low paying," up 10 percent from when President Reagan took office. The number of self-employed has dropped 2 million to 14.5 million in just six years.
Regular gasoline per gallon cost $1.68 in January 2009. Today, it's $3.39 — that's a 102 percent increase in just three years. (By the way, if you're keeping score at home, gas was $1.40 a gallon when George W. Bush took office in 2001, $1.68 when he left office — a 20 percent increase.) Electricity bills have also skyrocketed, with households now paying a record $1,420 annually on average, up some $300.
Some 48 percent of all Americans — 146.4 million — are considered by the Census Bureau either as "low-income" or living in poverty, up 4 million from when Mr. Obama took office; 57 percent of all children in America now live in such homes.
Since December 2008, a month before Mr. Obama took office, food-stamp use has increased 46 percent. Total spending has more than doubled in just four years to a record high of $75 billion. In 2011, more than 46 million people — about one in seven Americans — got food stamps.
That's 14 million more than when Mr. Obama took office.
The unemployment rate when Mr. Obama was elected was 6.8 percent; today it is 8.5 percent — at least that's the official number. In reality, the Financial Times writes, "if the same number of people were seeking work today as in 2007, the jobless rate would be 11 percent."
In addition, there are now fewer payroll jobs in America than there were in 2000 — 12 years ago — and now, 40 percent of those jobs are considered "low paying," up 10 percent from when President Reagan took office. The number of self-employed has dropped 2 million to 14.5 million in just six years.
Regular gasoline per gallon cost $1.68 in January 2009. Today, it's $3.39 — that's a 102 percent increase in just three years. (By the way, if you're keeping score at home, gas was $1.40 a gallon when George W. Bush took office in 2001, $1.68 when he left office — a 20 percent increase.) Electricity bills have also skyrocketed, with households now paying a record $1,420 annually on average, up some $300.
Some 48 percent of all Americans — 146.4 million — are considered by the Census Bureau either as "low-income" or living in poverty, up 4 million from when Mr. Obama took office; 57 percent of all children in America now live in such homes.
Since December 2008, a month before Mr. Obama took office, food-stamp use has increased 46 percent. Total spending has more than doubled in just four years to a record high of $75 billion. In 2011, more than 46 million people — about one in seven Americans — got food stamps.
That's 14 million more than when Mr. Obama took office.