Here are 20 ways the Economy has gotten worse….
1.The unemployment rate has risen to 9.1% since January 2009 when it was 7.6%
2.The number of “long-term unemployed” in the U.S. is up to 6.2 million. When Obama took office, that number was approximately 2.6 million
3.The average price of a gallon of gas is $3.79, When obama first became president, the average price of a gallon of gasoline in the United States was $1.83.
4.In April 2011, the average U.S. household spent approximately $369 on gasoline compared to $201 in April 2009
5.The cost of a Memorial Day cookout was 29 percent higher this year than last year
6.Today there are more than 44 million Americans on food stamps, When Obama was sworn in, there were nearly 32 million Americans on food stamps.
7.The number of children living in poverty has gone up by about 2 million in just the past 2 years
8.The national debt is is 14.3 trillion dollars. When Obama took office, the U.S. national debt was 10.6 trillion dollars.
9.The federal government has borrowed 29,660 more dollars per household since Obama signed the economic stimulus law 2 years ago
10.During Obama’s first 2 years in office, the U.S. government added more to the U.S. national debt than the first 100 U.S. Congresses combined
11.The combined debt of the major GSEs (Fannie Mae, Freddie Mac and Sallie Mae) has increased to 6.4 trillion in 2011.
12.The trade deficit was about 33 percent larger in 2010 than it was in 2009. The deficit is expected to grow in 2011
13.Only 66.8% of American men had a job last year. That is the lowest level recorded in all of U.S. history
14.Since August, 2 million more Americans have left the labor force
15.In 2010, more than a million U.S. families lost their homes to foreclosure. That number is expected to go even higher in 2011
16.During the first three months of this year, less new homes were sold in the U.S. than in any three month period ever recorded
17.The Chinese are rapidly dumping U.S. government debt. Faith in the U.S. dollar and in U.S. Treasuries is rapidly declining
18.The U.S. dollar has fallen by 17 percent compared to other major national currencies since 2009
19.Today an ounce of gold costs about $1500. When Barack Obama first took office, an ounce of gold was going for about $850
20.61% of Americans believe that they will not return to their “pre-recession” lifestyles until at least 2014