Obama Isn’t Working For Ohio

“The last time President Obama was in Ohio, he called our rising unemployment rate ‘bumps on the road.’ Those aren’t bumps, Mr. President, they are 20 million real Americans whom your policies have failed. With unemployment near 9% and half a million people looking for work, Ohio deserves better. President Obama said if he didn’t turn around the economy in three years, he would be looking at a one term proposition. He’s right.” –Governor Mitt Romney

In His June Visit To Ohio, President Obama Explained That Rising Unemployment Rates Were Just “Bumps On The Road To Recovery”:

President Obama In Toledo, On June 3: “There Are Always Going To Be Bumps On The Road To Recovery.” OBAMA: “There are still some headwinds that are coming at us. … There are always going to be bumps on the road to recovery.” (President Barack Obama, Remarks In Toledo, OH, 6/3/11)

State Unemployment Is Nearly 9% And Over Half A Million Ohioans Are Looking For Work:

  • Ohio Has Lost Roughly 100,000 Payroll Jobs Since President Obama Took Office. According to seasonally adjusted numbers from the Department of Labor, there were 5,204,800 nonfarm payroll jobs in Ohio in January 2009. By last month, the number of jobs had declined to 5,105,600 – a decrease of 99,200. (Bureau of Labor Statistics, www.bls.gov, 7/26/11)
  • The Unemployment Rate In Ohio Increased To 8.8% In June. The state unemployment rate has stayed flat or increased for each of the last three months. (Bureau of Labor Statistics, www.bls.gov, 7/26/11)
  • More Than Half A Million Ohioans Are Actively Looking For Work. In June, an estimated 516,730 Ohio workers were unemployed. (Bureau of Labor Statistics, www.bls.gov, 7/26/11)

Ohio Small Businesses Are Struggling In The Obama Economy:

According To A Recent Survey, Three-Quarters Of Ohio Small Business Owners “Still See The Economy As Being In A Recession.” “Ohio’s small-business owners still see the economy as being in a recession and most don’t expect to generate revenue growth next year. Those are among the key findings in the new 2011 U.S. Bank Small Business Annual Survey. The survey found 74 percent of Ohio’s small-business owners believe the economy is still in a recession. … 61 percent of Ohio business owners who were surveyed think their state’s economy is worse than the rest of the country’s [economy].” (“Nearly 75% Of Ohio Small-Business Owners Say Economy Still In Recession,” [Cincinnati] Business Courier, 7/5/11)

Gas Prices Have Nearly Doubled Since The President Took Office:

Statewide Gas Prices Are 30% Higher Than A Year Ago And Have Increased By 90% Since President Obama Took Office. For the week of July 25, the average price per gallon of regular unleaded gasoline in Ohio was $3.631 – 86.7 cents higher than it was a year ago. For the week of January 19, 2009, the average price in Ohio was $1.916. (Energy Information Administration, www.eia.gov, 7/26/11)

Ohio Homeowners Continue To Deal With A Weak Housing Market:

  • Federal Reserve Bank Of Cleveland: “Ohio’s Home Prices Have Fallen Roughly To The Levels That Prevailed In 2000.” “Home prices continue to trend down, both nationally and across Ohio. Indexes produced by the Federal Housing Finance Agency (FHFA) show that prices in both the state and the nation declined by more than 5 percent from the first quarter of 2010 to the first quarter of 2011. As a result, Ohio’s home prices have fallen roughly to the levels that prevailed in 2000. … According to RealtyTrac, distressed properties … accounted for about a quarter of all home sales in Ohio in the first quarter of 2011.” (Guhan Venkatu, “Shadow Inventory Still Weighing On Ohio Housing Prices,” Federal Reserve Bank of Cleveland, 7/11/11)
  • Home Sales Fell Sharply In Ohio’s Major Metropolitan Areas Last Month. In June 2011, year-over-year home sales fell by roughly 10% in the Dayton area, 16% in the Columbus area, 17% in Cincinnati, and roughly 18% in both Cleveland/Akron and Toledo. (Jim Weiker, “Home Sales Dip, But Future Contracts Rise,” The Columbus Dispatch, 7/21/11)
  • “The Average Sale Price Of A Central Ohio Home Slipped 0.8% To $172,512 In June And Remains Down About 3.5% For The Year.” (Jim Weiker, “Home Sales Dip, But Future Contracts Rise,” The Columbus Dispatch, 7/21/11)

Earlier This Month, President Obama Told A Columbus TV Station That The “Trajectory” Of The Economy “Is A Good One”:

President Obama, On The Economy: “I Think The Trajectory’s A Good One.” OBAMA: “What people want to know is that we’re moving in the right direction even if they’re frustrated with how fast we’re moving, we need to speed it up but I think the trajectory’s a good one.” (WBNS-TV, 7/20/11)

After Two And A Half Years, Ohio Is Ready For A Change:

According To A Recent Quinnipiac Poll, 50% Of Ohio Voters Disapprove Of The President’s Job Performance. “In the [Quinnipiac] poll, 50 percent disapprove of how Obama is handling his job, while 46 percent approve, down from a May 19 poll which found 49 percent approval and 45 percent disapproval.” (William Hershey, “Obama’s Approval Down In Ohio,” Dayton Daily News, 7/22/11)

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