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Wrong For Virginia Briefing Book

- October 19, 2012

OBAMANOMICS: WRONG FOR VIRGINIA

Unemployed: Virginia Has 255,343 Unemployed Seeking Work. (Bureau of Labor Statistics, Accessed 10/18/12)

Failed Stimulus Jobs: Since The Stimulus Passed, Virginia Has Lost 25,300 Construction Jobs And 20,700 Manufacturing Jobs. (Bureau of Labor Statistics, Accessed 10/18/12)

Median Household Income: Under Obama, Median Household Income In Virginia Has Declined From $63,974 To $61,882. (U.S. Census Bureau, Accessed 10/18/12)

National Debt: Since Obama Took Office, Each Virginians Share Of The National Debt Has Increased By $18,029 To A Total Of $52,448. (US Department Of The Treasury, TreasuryDirect.gov, Accessed 10/18/12)

College Tuition: The Average Student Graduating From A Four-Year College Institution In Virginia Has $24,717 Of Debt. (Project On Student Debt, Accessed 10/18/12)

Tax Hikes: Obama’s Plan To Raise Taxes Would Cost Virginia 19,900 Jobs. (Drs. Robert Carroll and Gerald Prante, “Long-Run Macroeconomic Impact Of Increasing Tax Rates On High-Income Taxpayers In 2013,” Ernst & Young LLP, 7/12)

  • Obama’s Plan To Raise Taxes Would Cost Virginia $5.8 Billion In Lost Economic Output. (Drs. Robert Carroll and Gerald Prante, “Long-Run Macroeconomic Impact Of Increasing Tax Rates On High-Income Taxpayers In 2013,” Ernst & Young LLP, 7/12)

Gas Prices: Since The Week Obama Took Office, The Average Price Per Gallon Of Gas In Virginia Has Increased From $1.703 To $3.566. (“Current State Averages,” Fuel Gauge Report, 1/16/09; “Current State Averages,” Fuel Gauge Report, 9/22/12)

Food Stamps: Since Obama Took Office, The Number Of People In Virginia Receiving Food Stamps Has Increased By 48 Percent. (“Supplemental Nutritional Assistance Program: Number Of Persons Participating ,” Food Research And Action Center, Accessed 8/10/12; “Supplemental Nutritional Assistance Program: Number Of Persons Participating,” USDA Food And Nutrition Service, Accessed 10/18/12)

Poverty: Under Obama, 137,883 More People In Virginia Have Fallen Into Poverty. (“Poverty: 2007 And 2008,” U.S. Census Bureau, 10/11; “Poverty: 2010 And 2011,” U.S. Census Bureau, 9/12)


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