Living Is More Expensive With A President Barack Obama

Posted on 24 January 2012 by hearus

I knew it, you knew it.

We’ve all felt it in our wallets.

It has been a slight sting to some, a powerful blow to others.

Life in America IS more expensive with President Obama steering the economic ship.

No doubt, it will continue to become more expensive.

Official portrait of President-elect Barack Obama on Jan. 13, 2009.

(Photo by Pete Souza)

CNSNews.com

So far, during the presidency of Barack Obama, the price of a gallon of gasoline has jumped 83 percent, according to data from the Bureau of Labor Statistics.

During the same period, the price of ground beef has gone up 24 percent and price of bacon has gone up 22 percent.

When Obama entered the White House in January 2009, the city average price for one gallon of regular unleaded gasoline was $1.79, according to the BLS. (The figures are in nominal dollars: not adjusted for inflation.) Five months later in June, unleaded gasoline was $2.26 per gallon, an increase of 26 percent. By December 2011, the price of regular unleaded gas per gallon was $3.28, an 83 percent increase from January 2009.

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