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Obama In 1998: "I Actually Believe In Redistribution" - YouTube
The share of Americans who’ve been out of work a long time — now at 42% of the unemployed — is the highest since the Great Depression (source: Labor Department).
• The proportion of the civilian working-age population actually working, at 58%, is the smallest since the Carter era (Labor Department).
• Growth in nonfarm payroll jobs since the recovery began in June 2009 is the slowest of any comparable recovery since World War II (Hoover Institution).
• The rate of new business startups — the engine of job growth — has plunged to an all-time low of 7.87% of all businesses (Census Bureau).
• 3 in 10 young adults can’t find jobs and live with their parents, highest since the 1950s (Pew Research).
• 54% of bachelor’s degree-holders under the age of 25 are jobless or underemployed, the highest share in decades (Northeastern University).
• Black teen unemployment, now at 37%, is near Depression-era highs (Labor Department).
• Almost 1 in 6 Americans are now poor — the highest ratio in 30 years — and the total number of poor, at 49.1 million, is the largest on record (Census).
• The share of Hispanics in poverty has topped that of blacks for the first time, 28.2% to 25.4% (Census).
• The number of Americans on food stamps — 45 million recipients, or 1 in 7 residents — also is the highest on record (Congressional Budget Office).
• Total government dependency — defined as the share of Americans receiving one or more federal benefit payments — is now at 47%, highest ever (Hoover).
• The share of Americans paying no income tax, at 49.5%, is the highest ever (Heritage Foundation, IRS).
The Lowlights of Obamanomics
The share of Americans who’ve been out of work a long time — now at 42% of the unemployed — is the highest since the Great Depression (source: Labor Department).
• The proportion of the civilian working-age population actually working, at 58%, is the smallest since the Carter era (Labor Department).
• Growth in nonfarm payroll jobs since the recovery began in June 2009 is the slowest of any comparable recovery since World War II (Hoover Institution).
• The rate of new business startups — the engine of job growth — has plunged to an all-time low of 7.87% of all businesses (Census Bureau).
• 3 in 10 young adults can’t find jobs and live with their parents, highest since the 1950s (Pew Research).
• 54% of bachelor’s degree-holders under the age of 25 are jobless or underemployed, the highest share in decades (Northeastern University).
• Black teen unemployment, now at 37%, is near Depression-era highs (Labor Department).
• Almost 1 in 6 Americans are now poor — the highest ratio in 30 years — and the total number of poor, at 49.1 million, is the largest on record (Census).
• The share of Hispanics in poverty has topped that of blacks for the first time, 28.2% to 25.4% (Census).
• The number of Americans on food stamps — 45 million recipients, or 1 in 7 residents — also is the highest on record (Congressional Budget Office).
• Total government dependency — defined as the share of Americans receiving one or more federal benefit payments — is now at 47%, highest ever (Hoover).
• The share of Americans paying no income tax, at 49.5%, is the highest ever (Heritage Foundation, IRS).
The Lowlights of Obamanomics
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