Comment #2

Coin Toss — Tue, 22 Jan 2013 23:24:40 GMT

Ooops, comment above intended for the blog entry about obama wanting military leadders who would shoot Americans.

Comment #1

Coin Toss — Tue, 22 Jan 2013 23:19:38 GMT

When someon found out about the survey and it became public knowledge an officer said he was doing it as part of a college thesis he was writing. Yeah, sure. Add that to the article above and the rumor about FEMA ordering 500,000 platic coffins and do the math. Sic Semper Tyrannus

Original Blog Entry: Here's a 'By the Numbers' Review of Obama's 1st Term

CajunWin4 — Tue, 22 Jan 2013 06:06:49 GMT

Americans Not Seeking Work Jumps to 88M, Debt-Per-Household Hits $50k+: Here s a By the Numbers Review of Obama s 1st Term

Jan. 21, 2013 3:01pmBecket Adams

In honor of the second inauguration of Barack Obama as the 44th President of the United States, we thought it d be fun to look back on the last four years to see how he has performed as Commander in Chief.

So, without any further introduction, here s a by the numbers examination of President Obama s first term:

1. Just The Facts, Ma am:

Courtesy latimesblogs.latimes.com

From Foxnews.com:

Number of countries visited: 35 Number of recess appointments: 32 Number of pardons: 22 Number of vetoes: 2 Addresses to the nation: 9 Addresses to Congress, including State of the Union: 6 Current approval rating: 47 percent Approval rating in January 2009: 65 percent

2. Major pieces of legislation

(Getty Images)

American Recovery and Reinvestment Act (i.e The Stimulus ) Patient Protection and Affordable Care Act (i.e Obamacare ) Dodd-Frank Don t Ask, Don t Tell Repeal Act of 2010 Lilly Ledbetter Fair Pay Act Budget Control Act of 2011 (born from the first debt ceiling fight) American Taxpayer Relief Act of 2012 (the end-of-year Senate-backed fiscal cliff deal)

3. National Debt

Getty Images

National debt when Obama took office: $10.6 trillion National debt today: $16.4 trillion

4. Unemployment

Getty Images

Unemployment rate in December 2008: 7.3 percent Unemployment rate in December 2012: 7.8 percent

5. Markets

The Dow on Jan. 20, 2009: 7,949.09 The Dow on Jan. 14, 2013: 13,649.70

7. U.S. Labor Force

Getty Images

From CNSNews.com [emphases added]:

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.

At the same time, the number of retired workers collecting Social Security increased by only 4,234,480.

The increase in Americans opting out of the labor force during Obama s first term resulted in a decrease in the labor force participation rate from 65.7 percent in January 2009, the month Obama was first inaugurated, to 63.6 percent in December 2012, the latest month reported. Before Obama took office, the labor force participation rate had not been as low as 63.6 percent since 1981, the year President Ronald Reagan took over from President Jimmy Carter.

8. Americans on disability

Getty Images

From CNSNews.com [emphases added]:

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.

In January 2009, the month Obama was inaugurated, there were 7,442,377 Americans collecting federal disability insurance, according to the Social Security Administration. By December 2012, the latest month reported, there were 8,827,795 collecting disability, an increase of 1,385,418. With 115,868,000 people working full-time in December, according the Bureau of Labor Statistics, there was 1 person collecting disability for every 13 people working full-time.

9. Debt per household

Getty Images

From CNSNews.com [emphasis added]:

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.

On Jan. 20, 2009, when Obama was first inaugurated, the total debt of the federal government was $10,626,877,048,913.08, according to the U.S. Treasury. As of the close of business on Jan. 17, the last day reported by the Treasury before Obama s second inauguration, the total debt of the federal government was $16,432,631,489,854.70.

Thus, from Obama s first inauguration to his second, the federal government s debt grew by $5,805,754,440,941.62.

Given that the Census Bureau currently estimates that there are 114,916,000 households in the United States, the $5,805,754,440,941.62 debt increase under Obama equals about $50,521 per household.

So there you have it. That s President Obama s first term in a nutshell. Enjoy the second inauguration festivities.

... [ More ]