Following President Barack Obama’s self-congratulatory State of the Union address, Rep. Dave Camp (R-MI), chair of the House Ways and Means Committee, produced a simple chart that tells the real story of the Obama administration:
America Before President Obama Took Office and Now
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%
For more, and for references, visit the House Ways and Means Committee website here.
Shhh... no one tell Leonard Pitts.
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