Obama's tumultuous first term: By the numbers
Democrats and Republicans vehemently disagree over just about everything concerning President Obama. These figures might explain why
The first four years of the Obama presidency have been, as the Grateful Dead might say, a long, strange trip. There was the flurry of lawmaking — stimulus bill, ObamaCare, Dodd-Frank banking bill — the Tea Party backlash, a massive oil gusher, the never-ending debt-ceiling fights, then the never-ending, budget-busting 2012 election. But "is the nation better off than it was four years ago?" asks Mark Murray at NBC News. It depends on the statistics you focus on. "There are plenty of numbers suggesting that the country is on more solid footing than it was when he first took office," but also plenty more "indicating that the nation isn't better off than it was four years ago — and that the Great Recession continues to take a toll on families." So here, for better or worse, are some of the key numbers from Obama's first term in office:
7.8
Jobless rate (in percent) when Obama took office
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
7.8
Jobless rate (in percent) in December 2012 (latest figure)
10.2
Highest jobless rate (in percent) of Obama's presidency, in October 2009
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
7,949.09
Dow Jones Industrial Average close on Jan. 20, 2009
13,649.70
Dow Jones Industrial Average close on Jan. 18, 2013
-5.3
GDP (in percent) when Obama took office (Q1 2009)
+3.1
Most recent GDP figure (in percent — Q3 2012)
37.4
Consumer confidence level in January 2009
65.1
Consumer confidence level in December 2012
$52,195
Median household income in 2009 (adjusted for inflation)
$50,054
Median household income in 2011
$972
Price for an ounce of gold in 2009 ($1,039 adjusted for inflation)
$1,595
Price for an ounce of gold in 2012
$10.6 trillion
National debt when Obama took office
$16.4 trillion
National debt at the end of his first term
$1.4 trillion
Federal budget deficit in fiscal year 2009
$1.1 trillion
Federal budget deficit (projected) in fiscal year 2012
140
U.S. bank failures in 2009
51
U.S. bank failures in 2012
$275.6 million
Value of the White House when the Obama moved in, according to Zillow.
$294.9 million
Value of the White House today (a 7 percent increase)
139,500
U.S. troops in Iraq when Obama took office
200
U.S. troops in Iraq now
34,400
U.S. troops in Afghanistan when Obama took office
66,000
U.S. troops in Afghanistan now
79
Press conferences Obama held in his first term
89
Press conferences George W. Bush held in his first term
133
Press conferences Bill Clinton held in his first term
1
Ranking of ABC News among media outlets called on most frequently in Obama press conferences, according to Eric Ostermeier at the University of Minnesota
9
Ranking of Fox News among media outlets called on most frequently in Obama press conferences, following CBS (No. 2), The Associated Press (No. 3), NBC (No. 4), Bloomberg (No. 5), Reuters (No. 6), The New York Times (No. 7), and CNN (No. 8).
2
Supreme Court justices appointed by Obama (Sonia Sotomayor and Elena Kagan)
70
Vacancies on federal courts as of Jan. 2, 2013.
55
Vacancies on federal courts when Obama took office
720
Freedom of Information Act (FOIA) lawsuits in the past two years
562
FOIA lawsuits during the last two years of the George W. Bush administration
49 million
Americans without health insurance in 2009
48.6 million
Americans without health insurance in 2012
Sources: ABC News, Dave Manuel (2), The Huffington Post, Legal Times, MSNBC (2), People for the American Way, Smart Politics, The Washington Times
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
Why more and more adults are reaching for soft toys
Under The Radar Does the popularity of the Squishmallow show Gen Z are 'scared to grow up'?
By Chas Newkey-Burden, The Week UK Published
-
Magazine solutions - December 27, 2024 / January 3, 2025
Puzzles and Quizzes Issue - December 27, 2024 / January 3, 2025
By The Week US Published
-
Magazine printables - December 27, 2024 / January 3, 2025
Puzzles and Quizzes Issue - December 27, 2024 / January 3, 2025
By The Week US Published
-
US election: who the billionaires are backing
The Explainer More have endorsed Kamala Harris than Donald Trump, but among the 'ultra-rich' the split is more even
By Harriet Marsden, The Week UK Published
-
US election: where things stand with one week to go
The Explainer Harris' lead in the polls has been narrowing in Trump's favour, but her campaign remains 'cautiously optimistic'
By Harriet Marsden, The Week UK Published
-
Is Trump okay?
Today's Big Question Former president's mental fitness and alleged cognitive decline firmly back in the spotlight after 'bizarre' town hall event
By Harriet Marsden, The Week UK Published
-
The life and times of Kamala Harris
The Explainer The vice-president is narrowly leading the race to become the next US president. How did she get to where she is now?
By The Week UK Published
-
Will 'weirdly civil' VP debate move dial in US election?
Today's Big Question 'Diametrically opposed' candidates showed 'a lot of commonality' on some issues, but offered competing visions for America's future and democracy
By Harriet Marsden, The Week UK Published
-
1 of 6 'Trump Train' drivers liable in Biden bus blockade
Speed Read Only one of the accused was found liable in the case concerning the deliberate slowing of a 2020 Biden campaign bus
By Peter Weber, The Week US Published
-
How could J.D. Vance impact the special relationship?
Today's Big Question Trump's hawkish pick for VP said UK is the first 'truly Islamist country' with a nuclear weapon
By Harriet Marsden, The Week UK Published
-
Biden, Trump urge calm after assassination attempt
Speed Reads A 20-year-old gunman grazed Trump's ear and fatally shot a rally attendee on Saturday
By Peter Weber, The Week US Published