President Obama in 2013

by alexoscarew | February 14, 2013 at 12:07 am

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Speaking at a campaign event in downtown Madison, WI, the day before being re-elected president of the U.S., Barack Obama said, “The war in Iraq is over. Osama bin Laden is dead. Our heroes are coming home. We’ve made real progress. But, our work’s not done. Our fight goes on.”4

He’s right. Domestically, we have a lot to accomplish. Unemployment remains high, the housing market has not rebounded, millions and millions of Americans have turned to food stamps and one-third of Americans are living at or below the poverty line.

When President Obama first took office in January 2012, the unemployment rate was 7.8%. The following month, it cracked eight percent and stayed there until September 2012, when it touched 7.8%. While the official unemployment may have dipped below eight percent, more telling perhaps is the underemployment rate, which has held steady near 14.7%.

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