The Obama Economy

Bloomberg Television provided statistics about the languishing economy over the past five years during its broadcast of President Obama's latest speech about jobs and the middle class.

While Obama made his campaign-style address Tuesday in Chattanooga, Tenn., Bloomberg displayed the following negative economic trends since he took office.

U.S. unemployment has risen from 5.6 to 7.6 percent:

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Deficit percentage of GDP has nearly quadrupled:

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The deficit has increased $7.2 trillion:

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Average weeks an American spends unemployed has more than doubled:

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Population in the workforce has lowered 3.7 percent:

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Home ownership rate has decreased 3.1 percent:

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Government spending as a percentage of GDP has risen to 24.3 percent:

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Unemployment rate in Chattanooga versus the rest of the nation:

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Published under: Obama Economy

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