October 17th, 2011 marks President Obama’s 1000th day in office
Obama, 13 days into his presidency: “If I don't have this done in three years, then there's gonna be a one-term proposition." [source: Obama: More Govt Action Needed As Additional Banks Fail // 2 February 2009 // Dow Jones News Service]
1,000 DAYS OF OBAMA
DEBT: Total Public Debt Outstanding has increased by $4.2 trillion [source: Treasury Dept]
MORE DEBT: America accumulated as much debt over the past 1,000 days as it had in the country’s first 79,135 days (July 4, 1776 through March 3, 1993) [source: Treasury Dept]
DEBT PER DAY: America’s debt has increased by about an average of $4.2 billion per day [source: Treasury Dept]
INTEREST ON U.S. DEBT: $1.2 trillion has been spent servicing U.S. debt—that by itself would be the world’s 15th largest economy
[source: Treasury Dept]
JOBS: 2.22 million jobs lost [source: BLS]
POVERTY: Nearly 3 million more Americans in poverty—poverty rate has gone from 13.2% to 15.1% [source: Census]
FOOD STAMPS: 12 million more Americans living off of food stamps [source: Dept of Agriculture // Supplemental Nutrition Assistance Program]
GOVERNMENT SPENDING: Spent more than $9.6 trillion – 60% more than the federal government has taken in [source: OMB and CBO]
MORE GOVERNMENT SPENDING: Under Obama, the govt has spent an average of $6.6 million every minute and $111,111 every second [source: OMB and CBO]
CHINA: Owns $1.17 trillion of our debt (as of July) – a 58% increase from January 2009 [source: Treasury Dept]
GOVERNMENT JOBS: Excluding the U.S. Post Office, Federal Government has added 140,000 jobs [source: BLS]
UNEMPLOYMENT RATE: Has averaged 9.4% under Obama [source: BLS]
MORE UNEMPLOYMENT RATE: Has been at or above 9% for 840 of the 1000 days [source: BLS]
UNDEREMPLOYED: Nearly 5 million more Americans are underemployed [source: BLS]
REGULATIONS – NEW RULES: 7,076 new final regulatory rules issued [source: Federal Register]
REGULATIONS – FEDERAL REGISTER: 45,696 pages of new regulatory rules were added to the Federal Register
[source: National Archives and Records Administration, Office of the Federal Register, various years]
AVERAGE WEEKS UNEMPLOYED: Unemployed out of work for an average of 40.5 weeks – that’s more than double since Jan 2009 [source: BLS]
JOB APPROVAL RATING: Dropped nearly 30 percentage points [source: Gallup Tracking]
SPEECHES AND PUBLIC REMARKS: Roughly 806 speeches/public remarks made – once every 1.24 days [source:
SPEECHES — JOBS: Has said the word “jobs” 4,718 times in 591 speeches [source:
SPEECHES — ECONOMY: Has said the word “economy” 4,541 times in 605 speeches [source:
CIVILIAN LABOR FORCE: Has decreased by 168,000 [source: BLS]
MANUFACTURING: 818,000 manufacturing jobs lost — a -6.5% drop since Jan. 2009 [source: BLS]
BANK FAILURES: 371 Banks have failed [source: FDIC]
STATES: 37 States have higher unemployment rates [source: BLS]
GOLF: 82 rounds of golf — average of one round every 12 days [source: Mark Knoller, CBS –Fox News Tracking]
REPOSSESSIONS: More than 2.4 million homes have been repossessed for failure to pay their mortgage [source: RealtyTrac]
BANKRUPTCIES: Some 4 million total (business and non-business) bankruptcies [source: American Bankruptcy Institute]
GAS PRICES: Up more than 80% and has been over $3/gallon every day in 2011 [source: AAA/OPIS]
UNEMPLOYMENT BENEFITS: Almost $380 billion spent by federal government on unemployment benefits [source: Treasury Dept and CBO]
ECONOMIC TEAM: 7 key members of Obama’s Economic team have resigned [Summers, Romer, Bernstein, Orszag, Goolsbee Volker and Rouse] [source: News Reports/Tracking]
HEALTH INSURANCE PREMIUMS: Health insurance premiums (family coverage) up 9% this year and 12.7% from 2009 [source: Kaiser Family Foundation]
MEDIAN INCOME: Real median household income in the U.S. in 2010 was $49,445, a -2.3% decline from 2009 [source: Census Dept]
ENVIRONMENTAL PROTECTION AGENCY: Spent more than $26 billion on the EPA – FY2011’s spending will be about 40% more than FY2009 [source: Treasury and OMB]
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