American Families Are Struggling In The Obama Economy President Obama all but ignored his record over three and a half years in office. The American people won’t. This November, they will hold him accountable for his broken promises and ineffective leade
BigNews.Biz - May 06,2012 - American Families Are Struggling In The Obama Economy
“No matter how many lofty campaign speeches President Obama gives, the fact remains that American families are struggling on his watch: to pay their bills, find a job and keep their homes. While President Obama all but ignored his record over three and a half years in office, the American people won’t. This November, they will hold him accountable for his broken promises and ineffective leadership.” –Andrea Saul, Romney Campaign Spokesperson
President Obama Claimed “We Measure Prosperity” By “How Well The Typical Family Is Doing”:
President Obama, In Ohio: “We Measure Prosperity Not Just By Our Total GDP … But How Well The Typical Family Is Doing…” OBAMA: “We measure prosperity not just by our total GDP, not just by how many billionaires we produce, but how well the typical family is doing, whether they can go as far as their dreams and hard work will take them. And we understand that in this country, people succeed when they have a chance to get a decent education and learn new skills and, by the way, so do the businesses that hire them or the companies that they start.” (President Barack Obama, Remarks, Columbus, OH, 5/5/12)
How Are American Families Doing In The Obama Economy? Incomes Are Declining, While President Obama’s Policies Are Driving Up Household Costs:
Since President Obama Took Office, Median Household Income Has Declined By $4,300. “Yet real median household income in March was down $4,300 since Obama took office in January 2009 and down $2,900 since the June 2009 start of the economic recovery, according to an analysis of census data by Sentier Research, an economic- consulting firm in Annapolis, Maryland.” (Mike Dorning, “Obama Fails To Stem Middle-Class Slide He Blamed On Bush,” Bloomberg, 4/30/12)
Under President Obama, Gas Prices Have More Than Doubled From The Nationwide Average Of $1.85 Per Gallon When He Was Sworn Into Office To $3.83 Per Gallon Today. (U.S. Energy Information Administration, www.eia.gov, Accessed 5/3/12)
Since President Obama Took Office, The Average Cost Of College Has Increased By 25% At Four-Year Public Schools Across The Country. (“Trends In College Pricing,” College Board, 2011)
Obamacare Has Made Health Care “Less Affordable” And Has Caused “Insurance Premiums To Rise.” "At the moment, the new law is making health care slightly less affordable. Independent health care experts say the law has caused some insurance premiums to rise. As we wrote in October, the new law has caused about a 1 percent to 3 percent increase in health insurance premiums for employer-sponsored family plans because of requirements for increased benefits. Last year's premium increases cast even more doubt on another promise the president has made - that the health care law would 'lower premiums by up to $2,500 for a typical family per year.'" (D'Angelo Gore, "Promises, Promises," FactCheck.org, 1/4/12)
More Than 2.5 Million Homes Have Been Lost To Foreclosures Nationwide And Another 4 Million “Are In The Foreclosure Process Or Seriously Delinquent.” “Meanwhile, 2.5 million homes have