Following President Barack Obama’s self-congratulatory State of the Union address, Rep. Dave Camp (R-MI), chair of the House Ways and Means Committee, produced a simple chart that tells the real story of the Obama administration:
|
Before
|
Now
|
Change
|
Number of Unemployed1
|
12.0 Million
|
13.1 Million
|
+9%
|
Long-Term Unemployed2
|
2.7 Million
|
5.6 Million
|
+107%
|
Unemployment Rate3
|
7.8%
|
8.5%
|
+9%
|
“High Unemployment” States4
|
22
|
43
|
+95%
|
Misery Index5
|
7.83
|
11.46
|
+46%
|
Price of Gas6
|
$1.85
|
$3.39
|
+83%
|
“Typical” Monthly Family Food Cost7
|
$974
|
$1,013
|
+4%
|
Median Value of Single-Family Home8
|
$196,600
|
$169,100
|
-14%
|
Rate of Mortgage Delinquencies9
|
6.62%
|
10.23%
|
+55%
|
U.S. National Debt10
|
$10.6 Trillion
|
$15.2 Trillion
|
+43%
|
For more, and for references, visit the House Ways and Means Committee website here.
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