Many of us hope his second term will be better than his first. To understand why, consider his record so far.
Fewer Americas are working today than when Mr. Obama took the oath of office four years ago. The unemployment rate is higher. He’s the first president to preside over a decline in median household income during a recovery. Nearly half as many more people receive food stamps than when he first took office and 1 out of every 6 Americans lives in poverty.
The national debt has grown from $10.627 trillion four years ago — or $34,782 for every man, woman and child — to $16.433 trillion, or $52,135 for every American as of Thursday.
At the current rate of job creation, it will take until roughly February 2015 to get the country back to the number of jobs it had when the recession started in December 2007. In the meantime, at least 8.6 million Americans will have entered the workforce without any jobs available for them.
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