Sep 15, 2012 12:26 PM
We tried our plan…and it worked.” – Barack Obama
- 43 straight months of unemployment over 8%.
- 23 million unemployed.
- 22.7 million underemployed
- Economic growth stagnated at 1.4 %.
- 42 million on food stamps – a 45% increase.
- Median household income down $4,300.
- Black teen unemployment rises to 37%.
- 2 million more Hispanics living in poverty.
- 3 in 10 young adults living with parents.
- Bankruptcy filings have increased by 41%.
- Foreclosures increased by 34% per year.
- Price of gasoline has increased 88%.
- Americans living in poverty have increased by 17%.
- Credit rating was down-graded – first time in American History
- Added 6 TRILLION to the deficit in just 4 years.
- Unsustainable 16 TRILLION dollar debt overall.