Accomplishments from President Obama’s first term in office

First, national debt has increased more than $50,000 per household under Obama:

(CNSNews.com) – During Barack Obama’s first term as president of the United States, the debt of the federal government increased by $5.8 trillion, which exceeds the combined debt accumulated under all presidents from George Washington through Bill Clinton.

The new federal debt accumulated in Obama’s first term equaled approximately $50,521 for each of household in the country.

Second, the number of Americans not in the labor force has increased by roughly 8.3 million:

The number of Americans age 16 or older who decided not to work or even to seek a job increased by 8,332,000 to a record 88,839,000 in President Barack Obama’s first term, according to the Bureau of Labor Statistics.

Third, there is now one person collecting federal disability for every 13 American workers:

During President Barack Obama’s first term, the number of Americans collecting federal disability insurance increased by 1,385,418 to a record 8,827,795.

As a result, there is now one person collecting disability in this county for every 13 people working full-time. Forty-two years ago, in December 1968, there were 51 people working full-time in this country for each person collecting disability.

Fourth, food stamps enrollment has grown 75 times faster than jobs:

Under-Obama-Food-Stamp-Growth-Times-Greater-Than-Job-Creation

Fifth, health insurance and health care costs are growing faster under Obamacare than before the law was implemented:

Spending on health care rose 4.6 percent in 2011 — up $4,500 per person, on average — according to the nonpartisan Health Care Cost Institute. That’s up from a 3.8 growth rate in 2010.

Health insurance premiums for individuals and families also climbed year-over-year, up 3 percent ($186) on average for an individual and 4 percent ($672) on average for a family, according to the Kaiser Family Foundation.

During Obama’s term, between 2009 to 2012, premiums have climbed $2,370 for the average family with an employer-provided plan – a rate faster than the during the previous four years under President George W. Bush, according to Kaiser.

Quite an achievement, wouldn’t you say??? And now we get four more years of the same Jimmy Carter anti-American malaise.

About these ads

Comments are closed.

Follow

Get every new post delivered to your Inbox.

Join 133 other followers

%d bloggers like this: