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They Said It!

- September 8, 2012

Obama Goes Back On His Promise That He Would Get "This Done In Three Years"

OBAMA TOLD AN AUDIENCE TO LOOK AT WHAT HE SAID, BUT WHAT HE SAID WAS THAT HE WOULD GET THE JOB DONE IN ONE TERM

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NOW: Obama: "Sometimes I Ask People To Go Back To 2008 And Look At What I Said. This Was Going To Take Some Time Because These Problems Had Been Building Up For A Long Time." (President Barack Obama, Remarks At A Campaign Event, St. Petersburg, FL, 9/8/12)

THEN: In 2009, Obama Said "If I Don't Have This Done In Three Years, Then There's Going To Be A One-Term Proposition." OBAMA: "That's exactly right. And - and, you know, a year from now I think people - are going to see that - we're starting to make some progress. But there's still going to be some pain out there. If I don't have this done in three years, then there's going to be a one-term proposition." (NBC's " The Today Show," 2/2/09)

TODAY, IT'S CLEAR THAT AMERICANS AREN'T BETTER OFF THAN THEY WERE FOUR YEARS AGO

When Gov. O'Malley (D-MD) Was Asked If Americans Were Better Off After Four Years Of Obama He Said "No." CBS' BOB SCHIEFFER: "Can you honestly say that people are better off today than they were four years ago?" GOV. MARTIN O'MALLEY: "No, but that's not the question of this election." (CBS' "Face The Nation," 9/2/12)

Jobs: Since President Obama Took Office, The Nation Has Lost 261,000 Jobs And The Unemployment Rate Has Increased From 7.8 Percent To 8.1 Percent. (Bureau Of Labor Statistics, Accessed 9/8/12)

Unemployment: Unemployment Has Remained Above 8 Percent For 43 Consecutive Months. (Bureau Of Labor Statistics, Accessed 9/8/12)

Long-Term Unemployment: The Average Duration Of Unemployment Has Nearly Doubled From 19.8 Weeks To 39.2 Weeks. (Bureau Of Labor Statistics, Accessed 9/8/12)

Net Worth: "The Net Worth Of The American Family Has Fallen To Its Lowest Level In Two Decades." (Ylan Q. Mui, "Fed: Americans' Wealth Dropped 40 Percent," The Washington Post, 6/11/12)

Median Household Income: "Real Median Household Income In March Was Down $4,300 Since Obama Took Office In January 2009 …" (Mike Dorning, "Obama Fails To Stem Middle-Class Slide He Blamed On Bush," Bloomberg, 4/30/12)

Savings: 23.4 Percent Of Families Have No Savings At All, Up From 18.5 Percent In 2009. (Christine Dugas, "Recession Added Debt, Drained Families' Savings,"USA Today, 5/12/12)

Government Assistance: "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." (Phil Izzo, "Number Of The Week: Half Of U.S. Lives In Household Getting Benefits," The Wall Street Journal's "Real Time Economics," 5/26/12)

Food Stamps: Since President Obama Took Office, The Number Of Americans Receiving Food Stamps Has Increased From 31.9 Million To 46.7 Million, A 46 Percent Increase. (Department Of Agriculture, 8/30/12)

Poverty: 97.3 Million Americans Now Qualify As Low-Income And Another 49.1 Million Are In Poverty; Together, 146.4 Million Americans Or 48 Percent Of The Population. (Hope Yen, "Census Shows 1 In 2 People Are Poor Or Low-Income," The Associated Press, 12/15/11)

Food Prices: Since Obama Became President, The Monthly Price Of A Moderate-Cost Food Plan For A Family Of Four With Young Children Has Increased From $819.40 To $859.40. ("Official USDA Food Plans: Cost Of Food At Home At Four Levels, U.S. Average, January 2009," USDA , 2/09; "Official USDA Food Plans: Cost Of Food At Home At Four Levels, U.S. Average, July 2012," USDA, 7/12)

Gas Prices: Since Obama Took Office, The Average Price Per Gallon Of Gas Has More Than Doubled From $1.847 To $3.744. ("Gasoline And Diesel Fuel Update," U.S. Energy And Information Administration, Accessed 9/3/12)

College Costs: Since President Obama Took Office, The Average Cost Of In-State Tuition At A Four Year College Has Risen From $6,585 To $8,244, A 25 Percent Increase. ("Trends In College Pricing 2009," College Board, 2008; "Trends In College Pricing 2011," College Board, 2011)

Health Care Premiums: Under Obama, The Average Cost Of Family Health Care Premiums Have Increased From $12,680 To $15,073, An Increase Of 18.9 Percent. ("Employer Health Benefits, 2011 Annual Survey, Exhibit 1.11" Kaiser Family Foundation, 2011)

Foreclosures: Currently 5.6 Million Residential Mortgages Are Either 30 Days Delinquent Or In Foreclosure. (Press Release, "LPS "First Look" Mortgage Report: July Month-End Data Shows Slight Decrease in Delinquencies," Lender Processing Services, 8/29/12)

Negative Equity: As Of The Second Quarter Of 2012, 30.9 Percent - 15.3 Million - Of U.S. Homeowners With A Mortgage Are Underwater. (Stan Humphries, "Negative Equity Declines Slightly On The Back Of Modest Home Value Gains,"Zillow, 8/22/12)


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