Skip to main content

The Facts Behind Obama's Term in Office

Are things better or worse from the end of 2008 to now?  Take a look at the U.S. Debt clock from both years and you decide.

The figures for 2008 are right here at http://usdebtclock.org/2008.html

The figures for 2012 (to the current moment) are at http://usdebtclock.org

Here's some of the comparisons:

                                                     2008                                2012                         Percentage Increase
U.S. National Debt                     $ 9.59 trillion                    $15.60 trillion                  63%
Gross Debt to GDP                      69.616%                          103.38%                           49%
Revenue to GDP                          37.13%                              32.01%                          (14%)
Spending to GDP                         39.88%                              43.65%                             9%
U.S. Imported Oil                      $347.92 billion                   $496.40 billion                 43%
Oil Imported from OPEC          $156.28 billion                   $196.48 billion                 26%
                         
U.S. Population                          303,738,313                       313,274,263                        3%
U.S. Income Taxpayers              107,855,986                       113,311,892                       5%
Official Unemployed                      8,512.872    [5.85%]        12,734,654                       8.91%
Actual Unemployed                      13,436,929    [9.24%]       22,475,901                     15.72%
U.S. Workforce*                         145,497,215   [47.91%]     143,051,915**                45.67%
U.S. Retirees & SSI                      50,121,680   [16.51%]      66,944,337                      21.37%
U.S. Families                                 78,973,292  [26.00%]       82,855,247                     26.45%
Food Stamp Recipients***            29,531,331    [9.73%]       46,756,733                     14.93%
Food Stamp Recipients****          29,531,331  [37.40%]       46,756,733                     56.44%

*Percent of U.S. Population
**Notice the loss of 2,445,300 individuals that disappeared from the U.S. Workforce from 2008 to now.
***Percent of U.S. Population
****Percent of U.S. Families

Imagine what President Obama could do in another 4 years!

Comments