32 Alarming Facts Missing From Obama's State Of The Union Address

Tyler Durden's picture




 

Submitted by Michael Snyder of The Economic Collapse blog,

Show this article to anyone that believes that the economy has actually improved under Barack Obama.  On Tuesday evening, the President once again attempted to convince all of us that things have gotten better while he has been in the White House.  He quoted a few figures, used some flowery language and made a whole bunch of new promises.  And even though he has failed to follow through on his promises time after time, millions upon millions of Americans continue to believe him

In fact, you can find a list of 82 unfulfilled promises from his previous State of the Union addresses right here.  Soon we will have even more to add to that collection. 

At this point, you have to wonder if Obama even believes half the stuff that he is saying.  Of course it is extremely unlikely that he is going to come out and admit that he has failed and that he has been lying to us this whole time, but without a doubt the gap between reality and what he is saying to the public is becoming ridiculously huge.  To say that his credibility is "strained" would be a massive understatement.  No, things have not been getting better in America.  In fact, they continue to get even worse.  The following are 32 statistics that Obama neglected to mention during the State of the Union address...

#1 According to a recent NBC News/Wall Street Journal poll, only 28 percent of all Americans believe that the country is moving in the right direction.

#2 In 2008, 53 percent of all Americans considered themselves to be "middle class".  In 2014, only 44 percent of all Americans consider themselves to be "middle class".

#3 In 2008, 25 percent of all Americans in the 18 to 29-year-old age bracket considered themselves to be "lower class".  In 2014, an astounding 49 percent of them do.

#4 Right now there is approximately a billion square feet of vacant retail space in the United States.

#5 There are 46.5 million Americans that are living in poverty, and the poverty rate in America has been at 15 percent or above for 3 consecutive years.  That is the first time that has happened since 1965.

#6 Barack Obama says that the unemployment rate has declined to 6.7 percent, but if the labor force participation rate was at the long-term average it would actually be approximately 11.5 percent, and it has stayed at about that level since the end of the last recession.

#7 While Barack Obama has been in the White House, the number of Americans on food stamps has gone from 32 million to 47 million.

#8 While Barack Obama has been in the White House, the percentage of working age Americans that are actually working has declined from 60.6 percent to 58.6 percent.

#9 While Barack Obama has been in the White House, the average duration of unemployment in the United States has risen from 19.8 weeks to 37.1 weeks.

#10 While Barack Obama has been in the White House, social benefits as a percentage of real disposable income has risen from about 17 percent to nearly 21 percent.

#11 While Barack Obama has been in the White House, the rate of homeownership in the United States has fallen to levels that we have not seen in nearly two decades.

#12 While Barack Obama has been in the White House, median household income in the United States has fallen for five years in a row.

#13 While Barack Obama has been in the White House, the average cost of a gallon of gasoline has gone from $1.85 to $3.27.

#14 At the end of Barack Obama's first year in office, our yearly trade deficit with China was 226 billion dollars.  Now it is over 300 billion dollars.

#15 Workers are taking home the smallest share of the income pie that has ever been recorded.

#16 Sadly, 1,687,000 fewer Americans have jobs today compared to exactly six years ago even though the population has grown significantly since then.

#17 One recent study found that about 60 percent of the jobs that have been "created" since the end of the last recession pay $13.83 or less an hour.

#18 Only 47 percent of all adults in America have a full-time job at this point.

#19 It is hard to believe, but an astounding 53 percent of all American workers make less than $30,000 a year.

#20 The Obama years have been absolutely brutal for small businesses.  According to economist Tim Kane, the following is how the number of startup jobs per 1000 Americans breaks down by presidential administration...

Bush Sr.: 11.3

Clinton: 11.2

Bush Jr.: 10.8

Obama: 7.8

#21 You can still buy a house in the city of Detroit for just one dollar.

#22 The U.S. cattle herd is at a 61 year low.

#23 It is being projected that health insurance premiums for healthy 30-year-old men will rise by an average of 260 percent under Obamacare.

#24 According to the most recent numbers from the U.S. Census Bureau, an all-time record 49.2 percent of all Americans are receiving benefits from at least one government program each month.

#25 When Barack Obama was first elected, the U.S. debt to GDP ratio was under 70 percent.  Today, it is up to 101 percent.

#26 The U.S. national debt is on pace to more than double during the eight years of the Obama administration.  In other words, under Barack Obama the U.S. government will accumulate more debt than it did under all of the other presidents in U.S. history combined.

#27 Right now, there are 1.2 million students that attend public schools in the United States that are homeless.  That number has risen by 72 percent since the start of the last recession.

#28 Only 35 percent of all Americans say that they are better off financially than they were a year ago.

#29 Only 19 percent of all Americans believe that the job market is better than it was a year ago.

#30 According to a recent CNN poll, 70 percent of all Americans believe that "the economy is generally in poor shape".

#31 According to a recent Pew Research survey, only 19 percent of all Americans trust the government.   Back in 1958, 73 percent of all Americans trusted the government.

#32 According to another poll that was recently released, 70 percent of all Americans do not have confidence that the government will "make progress on the important problems and issues facing the country in 2014."

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Thu, 01/30/2014 - 20:35 | 4386043 The Gooch
The Gooch's picture

#33 (Liberty St.)

Thu, 01/30/2014 - 20:37 | 4386050 InjectTheVenom
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anyone else notice, that there were more props at the SOTU than at a theater supply warehouse !

Thu, 01/30/2014 - 20:46 | 4386079 Skateboarder
Skateboarder's picture

Hard to reinforce the "we're #1" meme without a shitload of props. I walked to the corner store last night for some beer. WSJ and SJ Mercury News both had choomba on the cover. He promises change!

Thu, 01/30/2014 - 22:08 | 4386346 InjectTheVenom
InjectTheVenom's picture

"A Year of Action !"  

Thu, 01/30/2014 - 20:52 | 4386096 kaiserhoff
kaiserhoff's picture

These pathetic lists always have an urban, poor folk, lefty stink about them.  #19 is not at all hard to believe, unless you live in New York or LA.

They also lack context.  See #4.  A billion is a lot.  So is that 10%, 50%, somewhere in between?

Sometimes less is more. 

Fri, 01/31/2014 - 05:09 | 4387078 tabasco71
tabasco71's picture

I'm with you on this. It is a pathetic list that an educated person should be insulted by. Spare space, spare people, insufficient savings are all economic outcomes of ebusiness, ageing demographics and consumerism. Sure it's not pretty, but thats life and the US is simply getting a taste of what the rest of the world are enduring. Blaming this on Obama is simply offloading responsibility. I'm tried of hearing about the f**king poor, I had to pay my own way through college and currently work 14hrs 6 days a week to keep my little 6-figure salary competing against a bunch of mean mofo's that would slit my throat for my seat as soon as look at me. And to endure all this and then have to listen to a bunch of eaters whining to the government to raise my taxes in order to keep themselves in alcohol and medicines!!??  Don't f'ing insult me!!  I'm too old to keep listening to this crap.

Thu, 01/30/2014 - 20:51 | 4386099 Cognitive Dissonance
Cognitive Dissonance's picture

"anyone else notice, that there were more props at the SOTU than at a theater supply warehouse !"

Including the primary prop giving the SOTU speech.

Thu, 01/30/2014 - 20:59 | 4386124 The Gooch
The Gooch's picture

God save the primary proxy queen.

Thu, 01/30/2014 - 21:01 | 4386128 eatthebanksters
eatthebanksters's picture

Mr. Obama, you and your corrupt friends run up the debt of our once great country by giving away massive amounts of free shit in order to get elected.  Stop giving away my paycheck so that you can get elected and continue to fuck up our country with your idiot friends Pelosi, Reid and Holder (to name just a few).  Stop spending my savings account.  Stop putting my retirement account at risk so you can take care of your elite buddies who continue to pay you multi billion dollar fines of investor money while making huge paychecks and without ever being required to admit guilt (Corzine, Dimon, Blankfein, Mozillo, Fuld, Killinger, Rotella...). Stop bailing out dinosaurs  with my money that can't survive on their own.  Just fucking stop!!!  Please!

Thu, 01/30/2014 - 21:59 | 4386322 ISEEIT
ISEEIT's picture

But the zombies just keep going forward. This nation (world?) is so f'ed up that it astounds the even minimally educated mind to realize just what a sh^thole central planning has given birth to. The more they (it) assumes control the worse this tragedy becomes and yet the meme de jour  is of course that free markets must be regulated and that planning will bring about all the good things lost so far.

Central planning is planning to fail......

It's what they intend to do once the failure becomes fully realized that ought to scare the shit out of normal people.

Thu, 01/30/2014 - 22:38 | 4386459 bulldung
bulldung's picture

Best rant evah! I totally agree. Fining a publically traded company is just a form of Govt confiscation from the pensions and other retirement accounts and shareholders. It punishes the wrong person. Until the officers that approved the fraud lose their fat checks, jobs or go to jail the SEC, Justice Dept is rewardind the crooks and hurting the honest investor. 

Fri, 01/31/2014 - 10:05 | 4387528 drendebe10
drendebe10's picture

Fat frackin chance, what would u expect from such an arrogant,narcissistic, lying, illegal alien muslim turd more interested in his grand imperial ligestyle and fudge packing than protrcting n upholding the the Constitution, welfare of all citizrns whopay taxes. Seems grounds for impeachment. 

Thu, 01/30/2014 - 21:02 | 4386138 texas sandman
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Damnit...I thought I clicked ZH, instead I ended up at Bleacher Report...

Thu, 01/30/2014 - 21:07 | 4386156 texas sandman
texas sandman's picture

BTW, why do we continue having SOTU?  If there's one thing modern communications capabilities have made unnecessary,  I'd say SOTU is it.  I know it is constitutionally required, but it's not like we've bothered following any other constitutional directives in the last 50 years.

Thu, 01/30/2014 - 21:13 | 4386179 Skateboarder
Skateboarder's picture

In made-for-TV Camachobama's world, it's just another day reading the smellyprompter.

Thu, 01/30/2014 - 21:24 | 4386218 texas sandman
texas sandman's picture

He coul have easily made it the shortest SOTU in history.

 

"Good evening.  I'm still President.  'Nuff said."

Thu, 01/30/2014 - 21:36 | 4386259 notquantumdum
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Actually, I believe I have read that the SOTU was typically delivered in writing by early Presidents who considered it to be too much like being a king and too much like the British to give a speech [speaking down] to Congress.  But, once TV came along . . . now what self-respecting politician is not going to take advantage of that opportunity!

Thu, 01/30/2014 - 21:44 | 4386277 Pure Evil
Pure Evil's picture

It's one thing for a pompous egotistical asshole to speak before congress, a whole nother thing when congress gives approximately 80 standing ovations to what the idiot box said.

Thu, 01/30/2014 - 22:49 | 4386493 The Gooch
The Gooch's picture

"captured"

Thu, 01/30/2014 - 23:43 | 4386644 Pig Circus
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80 standing ovations to what the idiot box said.

Jumping up like Hack In The Box.

Fri, 01/31/2014 - 08:45 | 4387260 RafterManFMJ
RafterManFMJ's picture

Yea I don't watch the SOTU for a number of reasons:

Weak stomach
Don't have TV
IQ exceeds 50

That said, the few clips I watched reminded my of old Politburo speeches; the staging, the ridiculous clapping. Pathetic and spooky, really.

They know it's all a show, and they'll keep you laughing as you go...

You'll know there's a God if, during some SOTH an asteroid hits DC traveling about .1c.

Thu, 01/30/2014 - 22:34 | 4386437 booboo
booboo's picture

THe Constitution does not specify the time or place just "from time to time" and as for it's content it is suppose to be THE STATE OF THE FUCKING UNION, not a billion dollar a second stump speech for the chattering class to fawn over.

Thu, 01/30/2014 - 22:33 | 4386440 Iam_Silverman
Iam_Silverman's picture

"BTW, why do we continue having SOTU?  If there's one thing modern communications capabilities have made unnecessary,  I'd say SOTU is it."

Interesting point.  Should he just tweet his new diktats?

#Forward,  Fundamental Change

Thu, 01/30/2014 - 21:03 | 4386142 noob
noob's picture

"those are props"

Chris Elliott Dog Food Bit Letterman 1989

http://www.youtube.com/watch?v=1kcobKdm6LI

Thu, 01/30/2014 - 21:02 | 4386141 Deathrips
Deathrips's picture

I thought number 1 was for sure going to be his resignation and number 2 his confession.

 

Call me dissa pointed... .

 

RIPS

Thu, 01/30/2014 - 21:58 | 4386318 palmereldritch
palmereldritch's picture

Nailed the number.

In retrospect, they really should have had the ceremony at that location...

http://www.washingtonpost.com/blogs/style-blog/wp/2014/01/26/did-33-coup...

Thu, 01/30/2014 - 22:49 | 4386490 The Vineyard
The Vineyard's picture

It wasn't a bad speech.  The president just has the illusion of power.  He follows orders just like everybody else.

Fri, 01/31/2014 - 02:33 | 4386970 artless
artless's picture

Seriously dude? It wasn't a bad speech?

It was written by a 33 yr old frat boy in an 8th grade reasing level read straight from a teleprompter by an EMPTY SUIT (hence the 8th grade reading level) and delivered to a live audience of thieves, criminals, and sycophants and a TV audience of willfully ignorant parasites.

Oh yeah, GREAT fucking speech.

Thu, 01/30/2014 - 20:34 | 4386046 InjectTheVenom
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>>>>>  Year of the Same Old Shit

>>>>>  Year of Action !

Thu, 01/30/2014 - 21:29 | 4386243 Pure Evil
Pure Evil's picture

I think it will be the Year of Action with the same Ole Shiite.

Thu, 01/30/2014 - 21:31 | 4386245 Mr. Magoo
Mr. Magoo's picture

SOTU? STFU

Thu, 01/30/2014 - 21:33 | 4386250 WonderDawg
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There will be plenty of action in the form of Executive Orders, and not a single fucking one of them is going to benefit you or me. In fact, they will either 1. Take away or diminish our constitutional, God-given rights, or 2. Benefit the corporate/bankster elite in some shape or form. There is an agenda that's fairly plain to see if you step back and look at the big picture and connect a few dots. It's not a great mystery, they telegraph all the moves. Year of action. Executive Order action. Bet on it.

Thu, 01/30/2014 - 20:38 | 4386055 AladdinSaneGirl
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Where has the trillions gone, that he's added to the National Debt? 

Thu, 01/30/2014 - 21:48 | 4386248 Pure Evil
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So I see you're not on his list of BBBF.

(Best Butt Buddies Forever)

Thu, 01/30/2014 - 20:41 | 4386063 buzzsaw99
buzzsaw99's picture

cattle herd shmattle herd

Thu, 01/30/2014 - 20:43 | 4386074 moneybots
moneybots's picture

Were there any facts at all in his speech?

Thu, 01/30/2014 - 21:02 | 4386137 RSloane
RSloane's picture

Facts? Don't be silly. When has Obama ever uttered facts?

Fri, 01/31/2014 - 08:37 | 4387269 kralizec
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Agreed.  Stop the itemized lists, a progressive assclown will always have honesty missing from everything they say.

Thu, 01/30/2014 - 21:03 | 4386145 The Gooch
The Gooch's picture

When everyone realizes it was not his speech and this p.o.s. is just the orator, we can move moar foarward.

 

Thu, 01/30/2014 - 21:34 | 4386251 Pure Evil
Pure Evil's picture

But how will that happen when everyone is venerating the Great Messiah?

Thu, 01/30/2014 - 20:48 | 4386091 satoshi911
satoshi911's picture

60% of american's believe that space aliens are here now, ruling the world

80% of americans believe they can trash the earth, because baby jeebus is going to take them to heaven, and he's coming soon,

99% of the believe who believe Synder and post his blogs believe in the above,

 

Thu, 01/30/2014 - 21:49 | 4386282 Pure Evil
Pure Evil's picture

Well one things for sure. You'd think space aliens could do a hell of a better job running things since they're capable of inter-planetary space travel.

Thu, 01/30/2014 - 22:41 | 4386468 Marge N Call
Marge N Call's picture

Next time you are about to post a comment, please STFU.

Thanks

Thu, 01/30/2014 - 23:44 | 4386638 Ness.
Ness.'s picture

0.0125% of the people think Bitcoin isn't a ponzi scheme.

 

Edit:  Reply meant for Satoshi000

Thu, 01/30/2014 - 20:53 | 4386106 disabledvet
disabledvet's picture

the only fact missing is that I'm exhausted. I just can't think about these things anymore.

I know it's not popular...but again...love the guy...but as with "Bush Fatigue" in 2006 so now I'm just plain spent trying this out now.

I think we've reached the "Say What Again?!" moment.

Thu, 01/30/2014 - 20:54 | 4386109 BullyBearish
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They've gotten about all they can out of him...all he has to do now is keep his head down and he'll get the big payday when he leaves office

Thu, 01/30/2014 - 21:20 | 4386212 kaiserhoff
kaiserhoff's picture

Don't know which "they" you have in mind, but the Zionists still have expectations. 

Lots of noise around the world.  The real fireworks will be in Syria and Iran. 

If Barry doesn't dance, watch the media turn on a dime and destroy him.  I saw quite a bit in DC.  Sometimes it's way too obvious.

Thu, 01/30/2014 - 20:57 | 4386117 GovernmentMule
GovernmentMule's picture

And to think he extolled the importance of "critical thinking" in his speech when he spoke of education...He better hope the general population does not master this skill...

Thu, 01/30/2014 - 20:57 | 4386118 GovernmentMule
GovernmentMule's picture

And to think he extolled the importance of "critical thinking" in his speech when he spoke of education...He better hope the general population does not master this skill...

Thu, 01/30/2014 - 20:59 | 4386119 SillySalesmanQu...
SillySalesmanQuestion's picture

The 19% who believe the job market is better than a year ago, are the same 19% who trust the government.

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