A profoundly damning recitation.
The following citations are sourced and provided by Republican National Committee RNC), Obama By The Numbers. Its length perhaps imparts tediousness (we should know) but that is more a reflection of the extent of the abysmal record of the Obama presidency and Democrat policies. Nevertheless it is valuable as a resource to overwhelm Obama’s acolytes in whatever venue you deem appropriate.
Readers can refer to it in the future (during what should be a Republican “Its Obama’s Fault” campaign. You will be able to retrieve it by simply clicking on the category Obamanomics at right.
These are current facts and figures with links to citations mostly from the Obama Administration (Cabinet Departments, Bureau of Labor Statistics, etc.) Congressional sources (including the Congressional Budget Office [CBO}) and some news and analytical outlets. This useful resource is reformatted here in order to ease eyestrain. R Mall
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$46.2 Trillion: |
Total Federal Spending Proposed By Obama’s FY2013 Budget Through 2022. (OMB, 7/27/12) |
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$25. 4 Trillion: |
Projected Federal Debt In 2022 Due To Obama’s Binge Spending. (OMB, 7/27/12) |
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$16.8 Trillion: |
Current National Debt ($ 16,759,063,744,572.46 ). (U.S. Treasury Department, Accessed 3/28/13) |
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$9.2 Trillion: |
Amount Obama’s FY2013 Budget Would Add To The Debt Through FY2022. (OMB, 7/27/12) |
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$7 Trillion: |
Cumulative Deficits Over FY2013-2022. (CBO, 2/5/13) |
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$6.1 Trillion: |
Added To The National Debt Since Obama Took Office. (U.S. Treasury Department, Accessed 3/28/13) |
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$5.3 Trillion: |
Total Interest Payments On The National Debt Due To Obama’s Proposed Budget, FY2013-2022. (OMB, 7/27/12) |
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$2.6 Trillion: |
True Cost Of ObamaCare Once Fully Implemented. (Office Of The Speaker Of The U.S. House Of Representatives, Report, 1/6/11) |
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$1.9 Trillion: |
Higher Taxes In Obama’s Budget. (OMB, 7/27/12) |
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$1.75 Trillion: |
Annual Cost Of Federal Regulations. (Small Business Administration, September 2010) |
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$1.5 Trillion: |
Total Tax Increases In The Senate Democrat Budget. (The Wall Street Journal, 3/14/13) |
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$1.413 Trillion: |
Federal Budget Deficit For FY2009 – Highest In U.S. History. (CBO, 2/5/13) |
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$1.3 Trillion: |
Cost Of ObamaCare’s Coverage Provisions From 2013 To 2023. (CBO, 2/5/13) |
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$1.296 Trillion: |
Federal Budget Deficit For FY2011 – Second Highest In U.S. History. (CBO, 2/5/13) |
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$1.294 Trillion: |
Federal Budget Deficit For FY2010 – Third Highest In U.S. History. (CBO, 2/5/13) |
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$1.26 Trillion: |
American Debt Held By China. (U.S. Treasury Department, Accessed 3/28/13) |
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$1.09 Trillion: |
Federal Budget Deficit For FY2012 – Fourth Highest In U.S. History. (CBO, 2/5/13) |
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$845 Billion: |
Projected Federal Budget Deficit For FY2013 – Fifth Highest In U.S. History. (CBO, 2/5/13) |
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$835.8 Billion: |
Amount Of Taxes In ObamaCare. (CBO, 3/13/12;JCT, 6/15/12; CBO, 2/5/13) |
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$833 Billion: |
Price Tag Of Obama’s First Failed Stimulus. (CBO, 8/23/12) |
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$716 Billion: |
Amount Of Medicare Cuts In ObamaCare. (Letter From Congressional Budget Office To Speaker John Boehner , 7/24/12) |
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$518 Billion: |
Amount Of Regulatory Burden Since Obama Took Office. (American Action Forum, 1/14/13) |
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$487 Billion: |
The Amount By Which Obama’s FY2013 Budget Cuts Defense Over The Next Ten Years. ( USA Today , 2/13/12) |
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$347.1 Billion: |
Debt Service Costs For Borrowing To Pay For Obama’s First Stimulus. (CBO, 1/27/09) |
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$290 Billion: |
U.S. Trade Deficit With China In 2012. (U.S. Census Bureau, Accessed 3/28/13) |
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$236.7 Billion: |
Amount Of Regulatory Burden In 2012. (American Action Forum, 1/14/13) |
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$130 Billion: |
Amount Employers Will Pay In ObamaCare Mandated Penalties From 2013 To 2022. (CBO, 2/5/13) |
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$74.6 Billion: |
Amount The Government Spent On Food Stamps In 2012, “Roughly Equivalent To The Combined Budgets Of The Department Of Homeland Security, The Justice Department And The Department Of The Interior.” (The Wall Street Journal, 3/27/13) |
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$30.8 Billion: |
Cost Of ObamaCare To Date. (AAF, 3/25/13) |
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$27.5 Billion: |
Outstanding Government Investment In Bailouts Of Auto Industry. (Treasury Department , 3/11/13) |
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$20.3 Billion: |
Amount Government Expects To Lose On Bailouts Of Auto Industry. (Treasury Department , 3/11/13) |
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111 Million: |
Paperwork Burden Hours Added Due To ObamaCare. (AAF, 3/25/13) |
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86.8 Million: |
Amount Of Paperwork Burden Hours Imposed By Federal Government Regulations In 2012. (American Action Forum, 1/14/13) |
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47.8 Million: |
Americans Receiving Food Stamps. (Department Of Agriculture, 3/8/13) |
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22.6 Million: |
Americans Unemployed, Underemployed Or Have Given Up Looking For Work. (Bureau of Labor Statistics, Accessed 3/28/13) |
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15.8 Million: |
Adult Children Who Lived With Their Parents In 2010. (U.S. Census Bureau, 6/12) |
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12 Million: |
Unemployed Americans. (Bureau of Labor Statistics, Accessed 3/28/13) |
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8 Million: |
Americans Working Part-Time For Economic Reasons. (Bureau of Labor Statistics, Accessed 3/28/13) |
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7 Million: |
Amount Of Americans Who Will Lose Their Employer-Based Health Insurance Due To ObamaCare. (CBO, 2/5/13) |
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5.2 Million: |
As Of January 2013, Number Of Mortgages Either 30 Days Delinquent Or In Foreclosure. (Lender Processing Services, 2/28/13) |
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2.6 Million: |
Unemployed Workers Who Have Given Up Looking For Work. (Bureau of Labor Statistics, Accessed 3/28/13) |
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885,000: |
Discouraged Workers Who Have Stopped Looking For Work. (Bureau of Labor Statistics, Accessed 3/28/13) |
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772,000: |
Unemployed Veterans. (Bureau of Labor Statistics, Accessed 3/28/13) |
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770,000: |
Construction Jobs Lost Since Obama Took Office. (Bureau of Labor Statistics, Accessed 3/28/13) |
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579,000: |
Manufacturing Jobs Lost Since Obama Took Office. (Bureau of Labor Statistics, Accessed 3/28/13) |
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203,000: |
Unemployed Post-9/11 Era Veterans. (Bureau of Labor Statistics, Accessed 3/28/13) |
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62,900: |
Shortage Of Doctors By 2015 Due To ObamaCare. (The New York Times, 7/28/12) |
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$54,281: |
Your Share Of The National Debt. (U.S. Treasury Department Accessed 3/28/13; U.S. Census Bureau, Accessed 3/28/13) |
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$19,862: |
Increase In Your Share Of The National Debt Since Obama Took Office. (U.S. Treasury Department Accessed 3/28/13; U.S. Census Bureau, Accessed 3/28/13) |
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$15,745: |
Average Cost Of Family Health Care Premiums, A $3,065 Increase Since Obama Took Office. (The Kaiser Family Foundation, 2012) |
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13,000: |
Women Who Have Lost Manufacturing Jobs In The Past 3 Years. (The Wall Street Journal, 3/26/13) |
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12,649: |
Pages Of New Rules Added To The Federal Register During Obama’s First Three Years In Office. (Competitive Enterprise Institute, 2012) |
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2043: |
Year That Federal Debt Will Reach 200 Percent Of GDP. (CBO, 6/5/12) |
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2036: |
Year That The Social Security Trust Fund Will Be Exhausted. ( The Trustees Of Social Security & Medicare , 4/23/12) |
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2024: |
Year That Medicare’s Trust Fund Will Be Exhausted. (The Trustees Of Social Security & Medicare , 4/23/12) |
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2023: |
Year That Debt Held By The Public Will Reach $19.9 Trillion. (CBO, 2/5/13) |
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2015: |
Year The CBO Expects The Unemployment Rate To Finally Dip Below 7.5 Percent. (CBO, 2/5/13) |
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1,722: |
Number Of Waivers Granted To Unions And Businesses So That ObamaCare Would Not Outlaw Their Health Care Plans. (HHS.gov, Accessed 3/28/13) |
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$870.80: |
The Current Monthly Price Of A Moderate-Cost Food Plan For A Family Of Four With Young Children, Up From $819.40 Since Obama Became President. ( USDA , 2/09; USDA, 2/13) |
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822: |
Number Of Regulations In The Obama Administration Pipeline That Would Impact Small Businesses. (Competitive Enterprise Institute, 2012) |
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262: |
Number Of Regulations Proposed By Obama During First Three Years That Have An Economic Impact Of Over $100 Million. (Competitive Enterprise Institute, 2012) |
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100%: |
Increase In The Average Price Per Gallon Of Gas Since Obama Took Office. (U.S. Energy And Information Administration, Accessed 3/28/13) |
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80%: |
Small Businesses That Could Be Forced To Change Health Care Plans As A Result Of ObamaCare. (Federal Register, 6/17/10) |
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76%: |
Federal Debt Held By The Public As Share Of GDP By The End Of FY2013 – “The Largest Percentage Since 1950.” (CBO, 2/5/13) |
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70: |
Years Since The Unemployment Rate Has Remained Above 7.5 Percent For As Long As It Has In The Past 6 Years. (CBO, 2/5/13) |
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61%: |
The Amount By Which New Offshore Leases For Oil And Natural Gas Drilling Has Declined Under Obama. (FactCheck.org, 10/19/12) |
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53: |
Days That Have Passed Since The Legal Deadline For Obama To Submit His Budget . (31 U.S.C. § 1105, (a), p. 105) |
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49.1%: |
“Percent Of The Population That Lives In A Household Where At Least One Member Received Some Type Of Government Benefit In The First Quarter Of 2011.” ( The Wall Street Journal , 5/26/12) |
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37%: |
Americans Who Rate Current Economic Conditions As Poor. (Gallup, 3/26/13) |
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36.9: |
Average Number Of Weeks That It Takes To Find A Job. (Bureau of Labor Statistics, Accessed 3/28/13) |
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35: |
House Democrats Who Voted Against The Senate Democrat Budget. (H. Con. Res. 25, Roll Call Vote #83, Failed 154-261: R 0-226: D 154-35: 3/20/13) |
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33%: |
Amount By Which Natural Gas Production On Federal Lands Has Fallen Since 2007. ( Congressional Research Service , 3/7/13) |
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32%: |
Increase In Healthcare Premiums From ObamaCare. (Society Of Actuaries, 3/2013) |
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31% : |
Increase In The Average Cost Of In-State Tuition At A Four Year College Since President Obama Took Office. (College Board, 2012) |
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27 % : |
Student Loan Borrowers Who Have Past Due Balances. ( Federal Reserve Bank Of New York , 3/5/12) |
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25.6%: |
Unemployed Workers Who Have Been Out Of Work For Over A Year. (Bureau of Labor Statistics, Accessed 3/28/13) |
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25%: |
Amount By Which Social Security Outlays Will Account For All Government Spending In 2014. (CBO, 2/5/13) |
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25: |
States That Recorded Unemployment Rate Increases In January 2013. (Bureau of Labor Statistics, Accessed 3/28/13) |
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24.2%: |
Increase In The Average Cost Of Family Health Care Premiums Under Obama. (The Kaiser Family Foundation, 2012) |
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17%: |
Cut To Medicare Benefits When Trust Fund Is Exhausted. (House Ways & Means Committee Hearing, 6/22/11) |
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14.3%: |
Real (U-6) Unemployment Rate. (Bureau of Labor Statistics, Accessed 3/28/13) |
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14%: |
Seniors Who Believe They Can Retire Comfortably. (Reuters, 5/15/12) |
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13.8%: |
African American Unemployment Rate. (Bureau of Labor Statistics, Accessed 3/28/13) |
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9.6%: |
Hispanic Unemployment Rate. (Bureau of Labor Statistics, Accessed 3/28/13) |
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7.7%: |
Unemployment Rate. (Bureau of Labor Statistics, Accessed 3/28/13) |
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4: |
Record Number Of Years Of +$1 Trillion Deficits On Obama’s Watch. (The Hill, 9/10/12) |
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4: |
Senate Democrats Who Voted Against The Patty Murray (D-WA) Budget. ( S. Con. Res. 8 , Roll Call Vote #92, Passed 50-49: R 0-45: D 49-4: I 1-0: 3/23/12) |
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4: |
Out Of 5 Budgets That Obama Has Submitted Late. ( The Hill ‘s On The Money , 1/14/13) |
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0.4%: |
Amount By Which The U.S. Economy Grew In Q4 2012. (U.S. Department Of Commerce Bureau Of Economic Analysis, 3/28/13) |
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0: |
Number Of Members Of Congress Who Voted For Obama’s Last Two Budgets. ( S. Con. Res. 41, Roll Call Vote #97 , 5/16/12; H. Con. Res. 112, Roll Call Vote 143, 3/28/12; S. Con. Res. 18, Vote #78 , 5/25/11) |
But, as we know, whatever might be negative about these stats (and apparently there are many Americans who see very little negative; they voted for more of it), none of it is BO’s fault. If only the Republicans weren’t obstructing his programs to solve the nation’s problems!
Additional thoughts on the nation’s economic problems: McCain today said that he didn’t understand why conservative senators would filibuster the impending gun control legislation. McCain also sat next to his ol’ buddy, Chuckie Schumer as the latter announced that he expected the “Gang of Eight’s” immigration bill to be wrapped by this coming Friday. No doubt it will be necessary to pass it to find out what’s in it.
It seems to me a major reduction in the deficit and the nation’s debt could be achieved by just letting the “Gang of Eight” handle all the legislation. What do we need 100 senators for when 92 of them just sit around and wait until the “Gang” finishes their secret meetings and tells them to vote for their bill. For that matter, why have a House of Representatives? It just makes the governing process all the more messy. BO and the “Gang” know what’s best for us schlubs.
McCain would love for you to sit down and shut up while him and his buddies chip away at your 2nd amendment rights. It’s a damn good thing Rand Paul, Ted Cruz and Mike Lee in the Senate are looking out for people like us!