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They Said It!

- October 3, 2012

 

Bill Clinton Says People "Would Love It If Real Family Median Income Were Not Where It Was In 1995"

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In New Hampshire, Bill Clinton Said People "Would Love It If Real Family Median Income Were Not Where It Was In 1995." CLINTON: "They would love it if real family median income were not where it was in 1995. They would love it, to see an America growing again with new jobs again and rising wages again. And they would love to get that tax bill because it would mean that they were moving on up and so were their kids." (Bill Clinton, Remarks At A Campaign Event, Durham, NH, 10/3/12)

CLINTON ECHOES THE FAILURES OF OBAMANOMICS TO IMPROVE AMERICAN INCOMES

Median Household Income: Under Obama, Median Household Income Has Fallen Every Year To The Lowest Level Since 1995. ("Table H-8 Median Household Income By State: 1984 To 2011," U.S. Census Bureau, Accessed 10/3/12)

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)

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)

While The Costs Of Goods Have Continually Increased Under Obama

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 $858. ("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, August 2012," USDA, 9/12)

Gas Prices: Since Obama Took Office, The Average Price Per Gallon Of Gas Has More Than Doubled From $1.847 To $3.804. ("Gasoline And Diesel Fuel Update," U.S. Energy And Information Administration, Accessed 10/3/12)

College Costs: Since 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 Has Increased By $3,065 From $12,680 To $15,745, A 24.2 Percent Increase. ("Employer Health Benefits, 2012 Annual Survey, Exhibit 6.4," The Kaiser Family Foundation, 2012)\


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