Facts: How Hispanics Have Suffered Under Obama

“It’s been four years since President Obama last addressed the National Association of Latino Elected and Appointed Officials, and it’s clear why the President hasn’t rushed back. President Obama’s failed economic policies have left millions of Hispanics unemployed and in poverty. From Day One, Mitt Romney will enact policies that get our economy moving again for Hispanics and all Americans” –Alberto Martinez, Romney Campaign Spokesman

Four Years Ago, President Obama Promised NALEO He Would Deliver Change For Hispanics:

President Obama, At NALEO In 2008: “You And I – Together – Will Change This Country And Change This World.” “And I'm proud that my campaign is working hard to register more Latinos, and bring them into the political process. Because I truly believe that if we work together and fight together and stand together this fall, then you and I – together – will change this county and change this world.” (President Barack Obama, Remarks, Washington, DC, 6/28/08)

What Type Of “Change” Has President Obama Delivered? Hispanics Aren’t Better Off Than They Were When President Obama Last Addressed NALEO:

This Unemployment Rate Among Hispanics Has Increased From 7.7% When President Obama Last Addressed NALEO To 11% In May 2012. (Bureau Of Labor Statistics, www.bls.gov, 6/20/12)

More Than One Million More Hispanics Are Unemployed Since President Obama Last Spoke To NALEO In June 2008. (Bureau Of Labor Statistics, www.bls.gov, 6/20/12)
In May 2012, A Total Of 2.7 Million Hispanics Were Unemployed. (Bureau Of Labor Statistics, www.bls.gov, 6/20/12)

Since 2008, More Hispanics Have Fallen Into Poverty – With 13.2 Million Hispanics In Poverty In 2010. (People With Income Below Specified Ratios Of Their Poverty Thresholds By Selected Characteristics, 2008, US Census Bureau, 9/10/2009; People And Families In Poverty By Selected Characteristics: 2009 And 2010, US Census Bureau, 9/13/11)

Since President Obama Last Addressed NALEO, The National Debt Has Increased By More Than $6.4 Trillion. (U.S. Department Of The Treasury, www.treasurydirect.gov, 6/20/12)

Every American’s Share Of The National Debt Has Increased $19,624.33 Since President Obama’s Last NALEO Address. (U.S. Department Of The Treasury, www.treasurydirect.gov, 6/20/12; U.S. Census Bureau, www.census.gov, 6/20/12)
And Millions Of Hispanics Are Still Struggling To Make Ends Meet In The Obama Economy:

According To A January 2012 Pew Hispanic Study, 59% Of Hispanics “Say Someone In Their Household Had Been Out Of Work And Looking For A Job In The Past Year.” 

“Some 59% of Latinos says someone in their household has been out of work and looking for a job in the past year, compared with 51% of the general public.” (Paul Taylor, et al, “Hispanics Say They Have The Worst Of A Bad Economy,” Pew Research Center, 1/26/12)

The Pew Hispanic Center Found That 75% Of Hispanic-Americans Surveyed Rated Their Personal Finances As Being In “Only Fair” Or “Poor” Shape. 

“Large shares report that they or someone in their household has been out of work in the past year (59%); that their personal finances are in ‘only fair’ or ‘poor’ shape (75%); that they canceled or delayed a major purchase in the past year (49%); or that they are underwater on their mortgage (28% of Latino homeowners).” (Paul Taylor, et al, “Hispanics Say They Have The Worst Of A Bad Economy,” Pew Research Center, 1/26/12)

38% Of Hispanic-Americans Surveyed Said They Skipped A Meal Or Cut The Size Of A Meal Because There Wasn’t Enough Money For Food. (Paul Taylor, et al, “Hispanics Say They Have The Worst Of A Bad Economy,” Pew Research Center, 1/26/12)

“28% Of Latino Homeowners Say They Owe More On Their Home Than What They Could Sell It For—Double The Share (14%) Of Homeowners In The General Population Who Say The Same.” “The steep decline in housing prices has many Latino homeowners underwater on their home mortgages. According to Pew Hispanic survey, 28% of Latino homeowners say they owe more on their home than what they could sell it for—double the share (14%) of homeowners in the general population who say the same.” (Paul Taylor, et al, “Hispanics Say They Have The Worst Of A Bad Economy,” Pew Research Center, 1/26/12)

Pew Hispanic Center Headline: “Childhood Poverty Among Hispanics Sets Record, Leads Nation” (Mark Hugo Lopez, et al, “Childhood Poverty Among Hispanics Sets Record, Leads Nation,” Pew Research Center, 9/28/11)
“More Latino Children Are Living In Poverty—6.1 Million In 2010—Than Children Of Any Other Racial Or Ethnic Group.” (Mark Hugo Lopez, et al, “Childhood Poverty Among Hispanics Sets Record, Leads Nation,” Pew Research Center, 9/28/11)