32 Statistics That Obama Neglected To Mention During The State Of The Union Address

 32 Statistics That Obama Neglected To Mention During The State Of The Union Address

 32 Statistics That Obama Neglected To Mention During The State Of The Union Address

By Michael Snyder – Economic Collapse Blog

Show this article to anyone that believes that the economy has actually improved under Barack Obama.  On Tuesday evening, Barack Obama once again attempted to convince all of us that things have gotten better while he has been in the White House.  He quoted a few figures, used some flowery language and made a whole bunch of new promises.  And even though he has failed to follow through on his promises time after time, millions upon millions of Americans continue to believe him.

In fact, you can find a list of 82 unfulfilled promises from his previous State of the Union addresses right here.  Soon we will have even more to add to that collection.  At this point, you have to wonder if Obama even believes half the stuff that he is saying.  Of course it is extremely unlikely that he is going to come out and admit that he has failed and that he has been lying to us this whole time, but without a doubt the gap between reality and what he is saying to the public is becoming ridiculously huge.  To say that his credibility is “strained” would be a massive understatement.  No, things have not been getting better in America.  In fact, they continue to get even worse.  The following are 32 statistics that Obama neglected to mention during the State of the Union address…

#1 According to a recent NBC News/Wall Street Journal poll, only 28 percent of all Americans believe that the country is moving in the right direction.

#2 In 2008, 53 percent of all Americans considered themselves to be “middle class”.  In 2014, only 44 percent of all Americans consider themselves to be “middle class”.

#3 In 2008, 25 percent of all Americans in the 18 to 29-year-old age bracket considered themselves to be “lower class”.  In 2014, an astounding 49 percent of them do.

#4 Right now there is approximately a billion square feet of vacant retail space in the United States.

#5 There are 46.5 million Americans that are living in poverty, and the poverty rate in America has been at 15 percent or above for 3 consecutive years.  That is the first time that has happened since 1965.

#6 Barack Obama says that the unemployment rate has declined to 6.7 percent, but if the labor force participation rate was at the long-term average it would actually be approximately 11.5 percent, and it has stayed at about that level since the end of the last recession.

#7 While Barack Obama has been in the White House, the number of Americans on food stamps has gone from 32 million to 47 million.

#8 While Barack Obama has been in the White House, the percentage of working age Americans that are actually working has declined from 60.6 percent to 58.6 percent.

#9 While Barack Obama has been in the White House, the average duration of unemployment in the United States has risen from 19.8 weeks to 37.1 weeks.

#10 While Barack Obama has been in the White House, social benefits as a percentage of real disposable income has risen from about 17 percent to nearly 21 percent.

#11 While Barack Obama has been in the White House, the rate of homeownership in the United States has fallen to levels that we have not seen in nearly two decades.

#12 While Barack Obama has been in the White House, median household income in the United States has fallen for five years in a row.

#13 While Barack Obama has been in the White House, the average cost of a gallon of gasoline has gone from $1.85 to $3.27.

#14 At the end of Barack Obama’s first year in office, our yearly trade deficit with China was 226 billion dollars.  Now it is over 300 billion dollars.

#15 Workers are taking home the smallest share of the income pie that has ever been recorded.

#16 Sadly, 1,687,000 fewer Americans have jobs today compared to exactly six years ago even though the population has grown significantly since then.

#17 One recent study found that about 60 percent of the jobs that have been “created” since the end of the last recession pay $13.83 or less an hour.

#18 Only 47 percent of all adults in America have a full-time job at this point.

#19 It is hard to believe, but an astounding 53 percent of all American workers make less than $30,000 a year.

#20 The Obama years have been absolutely brutal for small businesses.  According to economist Tim Kane, the following is how the number of startup jobs per 1000 Americans breaks down by presidential administration

Bush Sr.: 11.3

Clinton: 11.2

Bush Jr.: 10.8

Obama: 7.8

#21 You can still buy a house in the city of Detroit for just one dollar.

#22 The U.S. cattle herd is at a 61 year low.

#23 It is being projected that health insurance premiums for healthy 30-year-old men will rise by an average of 260 percent under Obamacare.

#24 According to the most recent numbers from the U.S. Census Bureau, an all-time record 49.2 percent of all Americans are receiving benefits from at least one government program each month.

#25 When Barack Obama was first elected, the U.S. debt to GDP ratio was under 70 percent.  Today, it is up to 101 percent.

#26 The U.S. national debt is on pace to more than double during the eight years of the Obama administration.  In other words, under Barack Obama the U.S. government will accumulate more debt than it did under all of the other presidents in U.S. history combined.

#27 Right now, there are 1.2 million students that attend public schools in the United States that are homeless.  That number has risen by 72 percent since the start of the last recession.

#28 Only 35 percent of all Americans say that they are better off financially than they were a year ago.

#29 Only 19 percent of all Americans believe that the job market is better than it was a year ago.

#30 According to a recent CNN poll, 70 percent of all Americans believe that “the economy is generally in poor shape”.

#31 According to a recent Pew Research survey, only 19 percent of all Americans trust the government.   Back in 1958, 73 percent of all Americans trusted the government.

#32 According to another poll that was recently released, 70 percent of all Americans do not have confidence that the government will “make progress on the important problems and issues facing the country in 2014.”

Comments

  1. Statistics are something that can help you measure increase or decrease. They are also easy to manipulate, making the outcome be exactly what you want simply by changing what qualifies as input. I know, I’ve done it.

    I still thing the most telling statistic is the amount of people who are on food stamps. Both as a total number and a percentage. It cuts through most all of the other numbers and gets to the real problem, people don’t have enough spendable income.

    • I think the biggest stat there is the 1.7 million fewer people who have jobs as opposed to 6 years ago. They can lie all they want with unemployment percentages, but that is not a “oh they’ve quit looking so they don’t count towards unemployment numbers” bs.

  2. Or the percentage of Americans who do not have fulltime jobs.And why the jobs are not fulltime. Thank you tdlcare!

  3. This should be of no surprise to anyone, since for what ever reason is given, the country elected to the most important job in this country someone who is so incredibly under-qualified. Think about it, no one would ever make CEO of a large company a person with no management experience, but that is what we have done, and now people are surprised? I do not agree with any of his politics, but putting that aside, you have to have practical knowledge of directing others, to managing a budget, to getting things done.
    So now we have amateur for 8 long years, run by someone who has crazy left thinking ideas, so we are screwed. Talk about the “perfect storm”!

    • Hunker-Down says:

      Senators have IMHO no management experience and should be disqualified from running. The prerequisite should be; having been a governor.

      Just having a bunch of money (or its backing) is the only qualification today.

      • prerequisites for senate, house, or president;
        CPA
        engineering degree
        other similar qualifications.
        should also be able to find own backside without a map or other outside direction!!

  4. Hunker-Down says:

    #33. 78% of TDL’s campaign promises were lies.

    #34. 12% of TDL’s campaign promises that were truthful is hurting our country.

  5. Is an increase in the minimum wage out of the question? These people will spend their extra income and potentially be cut from government assistance programs. WE’RE subsidizing McWalMart and the poverty wages they pay. How about laws that prevent shipping jobs out of our great nation? We need to make a distinction between wage earners and shareholders and decide as a nation whose interests are a priority. In this case I think government could be a solution.

    • Socialist gov’t meddling is what got us into this mess. Do you think it will also get us out?

      Hint: Not likely

    • Increases in minimum wages are not the answer. An Increase of, say 10% will result in an increase in basic goods and services of 15+%. These increases DO NOT help those that they are intended to. EVERYBODY has to absorb this increase; low income, fixed income, everyone.

      This also causes “wage compression”; meaning the pay difference between entry level jobs and more “experienced” people is less. Many are of the mistaken impression that an increase in the minimum wage increases everyone’s wage. NOT TRUE.

      The answer is to grow the economy, increasing opportunities and thereby increasing demand for people to fill jobs, thereby increasing the wages paid for these jobs.

      Minimum wage jobs should be compared to the old system of being an apprentice. An apprentice did not take on a family even a wife/spouse, didn’t have their own home with any amenities until they had learned a marketable skill. Minimum wage is an ENTRY position, no one to provide a “living wage”.

      People should stop wanting to get paid more for an entry level job, they should make themselves more valuable to their employer, thereby earning more money.

  6. The State Of The Union can be summed up with one acronym: FUBAR

    No amount of pissing and moaning will do a thing to change it. Until the American people sack up and remove the source of the problem by whatever means necessary America will continue to circle the drain until there’s nothing left to save. The really bad news is that most Americans don’t have sense enough to pour piss out of a boot even with instructions printed on the heel much less recognize the death spiral our country is in.

  7. Millie in KY says:

    Justin, wish I could agree with you. The increase in min wage would be a help for a short time. But the costs of paying those worker will make the products they produce or the services they give increase, too. So lets say just for example, I need new brakes on the car. I do, so this is what makes me think of this. Workers who make the brakes will increase their wages. The company has to cover that so the parts go up that I need for my car. Further, the repairman is seeing costs go up, too, can’t buy what he needs at the old price (whether it is McDonald’s or going to the store for food) and so gives himself a raise. Now my brakes cost me $50 more. Here’s another though. I’ve worked darn hard to get a job that pays about $6 more than min, wage. So the min wage goes up 3.00. That gives me 3.00 less in buying power, putting me back down at just above min wage. Is that fair? I don’t think so. Min wage was just a starting place for entry level jobs, not as a living wage. There are ways to advance in life, many of them, and they do not require the help of the gov’t but rather the gumption and the ethics of the person who has ambition to do something with their lives.
    This group of statistics is rather grim and yes, I know stats can say whatever you want them to say. It’s so hard for me to read this….

    • Yup, seriously jacking up the min wage could really do some long-term damage. Min wage jobs were only a starting-off point, not meant to be a career. There are, unfortunately, a small percentage of workers who cannot advance to anything higher. For some, Medicaid etc will always be a way of life, while for others it’s just a temporary set-back.

      Gotta vote the idiots out and get this country back on track or we’re goin’ down big time! Won’t be easy as the low-lifes (and many way to the left idiotology) have figured out how vote themselves a freebie lifestyle. Between voter fraud and massive bussing to the voting booth, it ain’t gonna be easy.

  8. mom of three says:

    I agree they need to change who can run for president, if you can’t balance your check book, you have no business running the USA government. I never liked his slick ways even when they had not picked the Democratic, nominee back in 08. I don’t listen to him unless it’s sound bites off of the different shows, we listen too and even then I turn it down. Hillary, won’t be any better and the only reason she will get voted in, the first women, which would be great just not her.

  9. I agree people will spend their extra earnings if the min. wage is raised and that would be the problem, because they would buy more things they don’t need.The solution to manufacturing I think is local production, not just American made. Items that are made locally will cost less because of lower transportation costs.But remember, if you raise the min. wage, the costs of goods goes up, and that is the reason so many people buy from walmart in the first place, they can not afford the prices to begin with.
    A good example is a line of jeans I wear. I buy them from the Duluth catalog, they wear like iron, I can get domestically made jeans(from same company), but they cost $10-15 more per pair. Higher labor costs. Now the flip side is that items made overseas have higher shipping costs, and longer lead time from order placement to store delivery.
    Where I see a problem is when things get bleak, we do not have the manufacturing base here, and then prices really go up if you can find the products at all. That is why I believe that every state/region should have its own manufacturing centers.

    • agree!
      i do go to walmart, esp. at the end of the month for milk and basics before payday. however, i once bought needed pills at k-mart, which is closer, but they were over eleven dollars. exact pills at walmart just under eight dollars. i cannot sustain paying 3 dollars more every month multiplied by other purchases.
      how on earth is the pricing determined?

  10. Take any speech as lies , look at it just like you would Hitler blowing smoke up the German people’s ass .

  11. Anybody else catch the gang-bangers video response to Obama’s SOTU? I saw it on Fox; sorry but I don’t have a link to the video which is likely out on YouTube. Seems that more & more folks are getting the gist that tdl and ilk have sold them down the river.

  12. 1MoreBoyScout says:

    Dont get me started on this travesty of a president. HE’S USELESS no matter HOW you slice it. I’m Pawnee/Irish. None of my family likes him. ANY black friends I have, (and I have quite a few) cannot stand him. One wont even say his name, EVER. No matter who he’s talking to. If he has to say his name, or even refer to him as the prez.. HE instantly gets pissed off, & has names for him I will spare you all from. I have to agree with my friend.
    He really IS a TRAVESTY of a leader. We SUFFER at his hands. Sorry if this offends anyone. The truth does sting sometimes…

  13. Folks all I can say , and I am sure that there are some who will burn me for what I have to say , buy guns , buy ammo , buy canned goods , buy dried prepared foods such as Mountain House , Wise or other type foods , store water , buy beans and rice . Get ready because the government is orchestrating a downfall of the type of government we have by the Constitution , there is growing arming of all government alphabet agencies , treaties with other nations to come to our country if an emergency is declared , this is where the UN will try to take control of our nation , this is not only in this country but worldwide , if this seems too hard to fathom just do some research of your own , also remember the 3% from our first Revolution research this also .Be prepared and ready.Keep your powder dry.