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Current Events => General Discussion => Topic started by: Gina on October 14, 2011, 09:53:27 AM

Title: Obama's 1000 days in office - a breakdown
Post by: Gina on October 14, 2011, 09:53:27 AM
October 17, 2011 marks President Obama’s 1,000th day in office.

Obama, 13 days into his presidency:
 
“If I don't have this done in three years, then there's gonna be a one-term proposition." [source: Obama: More Govt Action Needed As Additional Banks Fail // 2 February 2009 // Dow Jones News Service]




1,000 DAYS OF OBAMA

DEBT: Total Public Debt Outstanding has increased by $4.2 trillion [source: Treasury Dept]


MORE DEBT:  America accumulated as much debt over the past 1,000 days as it had in the country’s first 79,135 days (July 4, 1776 through March 3, 1993) [source: Treasury Dept]


DEBT PER DAY: America’s debt has increased by about an average of $4.2 billion per day [source: Treasury Dept]


INTEREST ON U.S. DEBT: $1.2 trillion has been spent servicing U.S. debt—that by itself would be the world’s 15th largest economy
[source: Treasury Dept]


JOBS: 2.22 million jobs lost [source: BLS]


POVERTY:  Nearly 3 million more Americans in poverty—poverty rate has gone from 13.2% to 15.1% [source: Census]

FOOD STAMPS: 12 million more Americans living off of food stamps [source: Dept of Agriculture // Supplemental Nutrition Assistance Program]

GOVERNMENT SPENDING: Spent more than $9.6 trillion – 60% more than the federal government has taken in [source: OMB and CBO]


MORE GOVERNMENT SPENDING: Under Obama, the govt has spent an average of $6.6 million every minute and $111,111 every second [source: OMB and CBO]


CHINA: Owns $1.17 trillion of our debt (as of July) – a 58% increase from January 2009 [source: Treasury Dept]

GOVERNMENT JOBS: Excluding the U.S. Post Office, Federal Government has added 140,000 jobs [source: BLS]


UNEMPLOYMENT RATE: Has averaged 9.4% under Obama [source: BLS]


MORE UNEMPLOYMENT RATE: Has been at or above 9% for 840 of the 1000 days [source: BLS]

UNDEREMPLOYED: Nearly 5 million more Americans are underemployed [source: BLS]


REGULATIONS – NEW RULES: 7,076 new final regulatory rules issued [source: Federal Register]


REGULATIONS – FEDERAL REGISTER: 45,696 pages of new regulatory rules were added to the Federal Register
[source: National Archives and Records Administration, Office of the Federal Register, various years]


AVERAGE WEEKS UNEMPLOYED: Unemployed out of work for an average of 40.5 weeks – that’s more than double since Jan 2009 [source: BLS]


JOB APPROVAL RATING: Dropped nearly 30 percentage points [source: Gallup Tracking]


SPEECHES AND PUBLIC REMARKS: Roughly 806 speeches/public remarks made – once every 1.24 days [source: http://projects.washingtonpost.com/obama-speeches/]


SPEECHES --- JOBS: Has said the word “jobs” 4,718 times in 591 speeches [source: http://projects.washingtonpost.com/obama-speeches/]


SPEECHES -- ECONOMY: Has said the word “economy” 4,541 times in 605 speeches [source: http://projects.washingtonpost.com/obama-speeches/]


CIVILIAN LABOR FORCE: Has decreased by 168,000 [source: BLS]


MANUFACTURING: 818,000 manufacturing jobs lost --- a -6.5% drop since Jan. 2009 [source: BLS]


BANK FAILURES: 371 Banks have failed [source: FDIC]


STATES: 37 States have higher unemployment rates [source: BLS]


GOLF: 82 rounds of golf --- average of one round every 12 days [source: Mark Knoller, CBS –Fox News Tracking]


REPOSSESSIONS: More than 2.4 million homes have been repossessed for failure to pay their mortgage [source: RealtyTrac]


BANKRUPTCIES: Some 4 million total (business and non-business) bankruptcies [source: American Bankruptcy Institute]


GAS PRICES: Up more than 80% and has been over $3/gallon every day in 2011 [source: AAA/OPIS]


UNEMPLOYMENT BENEFITS: Almost $380 billion spent by federal government on unemployment benefits [source: Treasury Dept and CBO]


ECONOMIC TEAM: 7 key members of Obama’s Economic team have resigned [Summers, Romer, Bernstein, Orszag, Goolsbee Volker and Rouse] [source: News Reports/Tracking]


HEALTH INSURANCE PREMIUMS: Health insurance premiums (family coverage) up 9% this year and 12.7% from 2009
[source: Kaiser Family Foundation]


MEDIAN INCOME: Real median household income in the U.S. in 2010 was $49,445, a -2.3% decline from 2009 [source: Census Dept]


ENVIRONMENTAL PROTECTION AGENCY: Spent more than $26 billion on the EPA – FY2011’s spending will be about 40% more than FY2009 [source: Treasury and OMB]



Read more: http://nation.foxnews.com/president-obama/2011/10/12/report-card-obamas-first-1000-days#ixzz1alga3Kxl
Title: Re: Obama's 1000 days in office - a breakdown
Post by: Rugnuts on October 14, 2011, 10:15:23 AM
after reading that, its hard to not join the "obama want to destroy america" bandwagon
Title: Re: Obama's 1000 days in office - a breakdown
Post by: DumbAss Tanker on October 14, 2011, 01:18:15 PM
"Breakdown" is a uniquely-appropriate word for it.
Title: Re: Obama's 1000 days in office - a breakdown
Post by: Freeper on October 14, 2011, 01:51:56 PM
Hope n change!!!!!!!111111
Title: Re: Obama's 1000 days in office - a breakdown
Post by: DLR Pyro on October 14, 2011, 03:29:34 PM
October 17, 2011 marks President Obama’s 1,000th day in office.

you're doing a heck of a job there...
Title: Re: Obama's 1000 days in office - a breakdown
Post by: thundley4 on October 14, 2011, 03:30:41 PM
I want to know how many times he said "I", "me", or "my during all of those speeches.  I also want to know how many times he mentioned it being President Bush's fault, or that he inherited the problem.
Title: Re: Obama's 1000 days in office - a breakdown
Post by: Erasmus on October 14, 2011, 03:33:16 PM
1,000 days, 50 additional Michelle pounds later, and the country is still in a mess.
Title: Re: Obama's 1000 days in office - a breakdown
Post by: JohnnyReb on October 14, 2011, 04:28:03 PM
GOLF: 82 rounds of golf --- average of one round every 12 days [source: Mark Knoller, CBS –Fox News Tracking]....while juggling 3 foreign wars and not one word of criticism from the DUmmies.
Title: Re: Obama's 1000 days in office - a breakdown
Post by: Janice on October 14, 2011, 04:36:06 PM
Well then, its true.

9/11 was a tragedy ...

0bama is a disaster.

Hmm.. good bumper sticker?
Title: Re: Obama's 1000 days in office - a breakdown
Post by: NHSparky on October 15, 2011, 06:44:18 PM
I want to know how many times he said "I", "me", or "my during all of those speeches.  I also want to know how many times he mentioned it being President Bush's fault, or that he inherited the problem.

Put it this way--if the Treasury had a dollar for every time he did say one of those words, we'd have no debt problem right now.
Title: Re: Obama's 1000 days in office - a breakdown
Post by: seahorse513 on October 15, 2011, 06:49:47 PM
underemployed?? I have never heard of this....
Title: Re: Obama's 1000 days in office - a breakdown
Post by: NHSparky on October 15, 2011, 08:27:31 PM
underemployed?? I have never heard of this....

People who want full-time jobs, but only part-time available.  They fall under the U-6 calculation of unemployment.  The media-quoted number (currently 9.1 percent) only includes those who have applied for a job within the previous four weeks.  The U-6 includes the U-3, "chronically" unemployed, as well as under-employed, and currently stands around 16.5 percent.
Title: Re: Obama's 1000 days in office - a breakdown
Post by: docstew on October 15, 2011, 09:40:25 PM
you're doing a heck of a job there blackie...

Your comment would have been just fine without that last word...
Title: Re: Obama's 1000 days in office - a breakdown
Post by: NHSparky on October 15, 2011, 11:21:00 PM
Concur, doc.

However, there's the use of the word "breakdown" in the title.  A more appropriate word was never chosen.
Title: Re: Obama's 1000 days in office - a breakdown
Post by: Celtic Rose on October 16, 2011, 12:22:27 AM
I want to know how many times he said "I", "me", or "my during all of those speeches.  I also want to know how many times he mentioned it being President Bush's fault, or that he inherited the problem.

I'm pretty sure that "I" is his favorite word, as well as his favorite topic of conversation.
Title: Re: Obama's 1000 days in office - a breakdown
Post by: Janice on October 16, 2011, 01:00:27 PM
People who want full-time jobs, but only part-time available.  They fall under the U-6 calculation of unemployment.  The media-quoted number (currently 9.1 percent) only includes those who have applied for a job within the previous four weeks.  The U-6 includes the U-3, "chronically" unemployed, as well as under-employed, and currently stands around 16.5 percent.

Zuckerman (who for years owned U.S. News and World Report) a democrat says: (http://online.wsj.com/article/SB10001424052970204002304576628673446417268.html)

Quote
>>> he explains how the real unemployment rate is actually well above the official level of 9.1%, which only measures people who have applied for a job within the previous four weeks. In fact, he says, unemployment has even surged beyond the Department of Labor's "U-6" number of 16.5% that has received increasing attention lately because it includes people who have given up looking for work within the past year, plus people who have been cut back from full-time employees to part-timers.

Mr. Zuckerman says that when you also consider the labor-force participation rate and the so-called "birth-death series" that measures business starts and failures, the real U.S. unemployment rate is now 20%. His voice rising with equal parts anger and sadness, he exclaims, "That's not America!"