RNC Rains on President Robin Hood’s SOTU Parade With List Of Economic Horrors

Obama plans to highlight his economic “successes in his State of the Union address, Tuesday night.

Via the Washington Post:

HONOLULU — President Obama plans to make an aggressive push to tout his economic policies ahead of his State of the Union address on Jan. 20, starting with a swing through three states after he returns to Washington early Sunday from two weeks of vacation in Hawaii. Obama will highlight the rebirth of the auto industry in Detroit [sic] on Wednesday, discuss the recovery of the housing market during a stop in Phoenix on Thursday and talk about additional efforts to boost education and jobs in a visit with Vice President Biden in Tennessee on Friday, a White House spokesman said.

In addition to citing progress the administration has made, Obama also will announce new actions that he intends to enact without waiting on Congress and highlight during his State of the Union address, the official said. The president’s travels come at a time of economic growth as the unemployment rate has fallen to 5.8 percent, the lowest of Obama’s tenure, and the stock markets are at near-record high levels…

As Sweetness and Light notes, “the GDP is up because it’s being measured differently.”

And never mind that the news media called an unemployment rate of 3.3% a recession under Bush. And never mind that much of the improvement in the economy is due to fracking lowering the price of energy. Which Obama has done his best to stop.

The GOP has put out a list of Obama’s greatest economic failures ahead of his SOTU address

As Obama Prepares To Paint A Rosy Picture Of His Presidency, A Look At The Numbers He Won’t Mention

$18.1 Trillion:

Total Debt Under Obama As Of January 14, 2014. (U.S. Treasury Department, Accessed 1/14/15)

$10.6 Trillion:

Total Debt When Obama Became President On January 20, 2009. (U.S. Treasury Department, Accessed 1/9/15)

$7.5 Trillion:

Amount Added To The National Debt Despite Obama’s 2010 State Of The Union Declaration That He Would Not Leave “A Mountain Of Debt.” (U.S. Treasury Department, Accessed 1/14/15; President Barack Obama, Remarks On The State Of The Union, Washington, D.C., 1/27/10)

$4 Trillion:

Amount Of Debt That Obama Once Called “Irresponsible” And “Unpatriotic.”(Sen. Barack Obama, Remarks At A Campaign Event, Fargo, ND, 7/3/08)

$1.8 Trillion:

Cost Of ObamaCare’s Coverage Provisions Through 2024. (CBO, 4/14/14)

$1.3 Trillion:

Total Student Debt Held By Americans. (Federal Reserve Board Of Governors, Accessed 1/14/15)

$869.3 Billion:

Total Taxes In ObamaCare. (JCT, 6/15/12; CBO, 4/14/14)

$95 Billion:

Cost Of New Regulations Added Since Obama Became President. (American Action Forum, 1/6/15)

$60 Billion:

Cost Of Obama’s Community College Tuition Plan Over Ten Years. ( TheAssociated Press , 1/9/15)

$3.4 Billion:

Average Amount Of Debt Added Daily Since Obama Became President. (U.S. Treasury Department, Accessed 1/14/15)

$3.4 Billion:

How Much The Construction Of The Keystone Pipeline Would Contribute To GDP According To A State Department Review.(United States Department Of State, 1/14)

46.5 Million:

Average Number Of Americans Receiving Food Stamps In FY 2014.(Department Of Agriculture, Accessed 1/14/15)

13 Million:

Average Number Of Americans Who Have Joined The Food Stamp Program Since FY 2009. (Department Of Agriculture, Accessed 1/14/15)

7 Million:

Number Of Americans Who Will No Longer Have Employer-Sponsored Health Insurance Due To ObamaCare.(Congressional Budget Office, 4/14/14)

5.5 Million:

Americans Who Have Fallen Into Poverty Since Obama Became President.(U.S. Census Bureau, Accessed 1/14/15)

2.3 Million:

Americans Who Are Only Marginally Attached To The Labor Force. (Bureau Of Labor Statistics, Accessed 1/14/15)

401,000:

Construction Jobs Lost Since Obama Became President.(Bureau Of Labor Statistics, Accessed 1/14/15)

321,000:

Manufacturing Jobs Lost Since Obama Became President.(Bureau Of Labor Statistics, Accessed 1/14/15)

273,000:

Number Of People Who Left The Labor Force BetweenNovember AndDecember Of 2014. (Bureau Of Labor Statistics, Accessed 1/14/15)

$56,492:

Current Debt Per Capita Under Obama. (U.S. Census Bureau, Accessed 1/14/15;U.S. Treasury Department, Accessed 1/14/15)

42,100:

Number Of Jobs The Construction Of The Keystone Pipeline Would Support Over Two Years According To A State Department Review. (United States Department Of State, 1/14)

$21,724:

Increase In Debt Per Capita For Americans Since Obama Took Office. (U.S. Census Bureau, Accessed 1/14/15; U.S. Treasury Department, Accessed 1/14/15)

$4,154:

Increase In Family Health Care Premiums Under Obama. (The Kaiser Family Foundation, 9/10/14)

$2,484:

Decline In Median Household Income Since Obama Became President. (U.S. Census Bureau, Accessed 1/14/15)

1978:

The Last Time The Labor Force Participation Rate Was At Its Current level.(BLS, 1/24/14)

677:

Individuals Who Have Been Through Obama’s Revolving Door.(Center For Responsive Politics, Accessed 1/12/15)

215:

Rounds Of Golf Obama Has Played Since He Has Taken Office.(Mark Knoller,Twitter Feed, 12/31/14; Mark Knoller, Twitter Feed, 1/4/15)

174:

Number Of Days Obama Has Spent All Or Part On Vacation. (CBS News, 12/22/14; Mark Knoller, Twitter Feed, 1/4/15)

100%:

Total Debt As A Percentage Of GDP Under Obama. (OMB, Accessed 1/14/15)

65.7%:

Labor Force Participation Rate When Obama Became President.(Bureau Of Labor Statistics, Accessed 1/14/15)

62.7%:

Labor Force Participation Rate In December. (Bureau Of Labor Statistics, Accessed 1/14/15)

65:

Number Of Fundraisers Obama Attended In 2014. (Mark Knoller,Twitter Feed, 12/2/14)

32.8:

Average Number Of Weeks Someone Will Be Unemployed. (BLS, 1/14/15)

14.5%:

Poverty Rate In 2013. (U.S. Census, Accessed 1/23/14)

13.2%:

Poverty Rate Before Obama Became President. (U.S. Census, Accessed 1/23/14)

6:

Veto Threats Issued By Obama In The New Year. (The White House Website, Accessed 1/19/15; ABC News, 1/16/15)

0:

Attempts To Actually Work With Congress

SEE ALSO:

The Washington Examiner: In the face of irrelevance, Obama buys attention with other people’s money

Weasel Zippers: Limbaugh: SOTU Is Nothing But A “Vote-Buying Scheme”…

Via Drudge: 

 

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