Obama was born on 4th August in 1961 in Honolulu. His first name was Barack, and his father was named as Kenyan. Telling about himself in an interview he told that he did not like Baskin Robbins in his teenage. His nickname in the teenage was Barry. The most interesting fact about Obama was that he was the third African-American Senator since Reconstruction. He is a Harvard Law school graduate. He liked the girl in Harvard, and he married her afterward her name was Michelle Robinson. His wife also supervised him while he was working as a summer associate in Chicago Law firm.
Obama studied in the school Lake Victoria in Kenya. His favorite game was Scrabble, and he loves to play this game. He and his wife bought a house on the Chicago’s South-side in June 2005, and the price of the house was $1.65. He is crazy about the horses the name of his horses were Martin Luther King and Pablo Picasso. It was some of the general discussion about the Obama. Now we are going to discuss some of the most interesting facts about Obama.
Most Interesting Facts about Obama – Some Amazing Information
We’ve now had 71 straight months of economic growth:
That’s right that America is progressing from the continuous seventy-one months. It has got the improvement in the private sector jobs as well as in the government sector jobs due to which lifestyle of the people has improved.
We are currently enjoying the longest period of the private sector jobs creation in American history:
One of the magazine articles of America stated that the America had enjoyed the 68 straight months of the good and the fabulous jobs in the private sector. It considered being the longest period of job creation in the American history. Obama has controlled the country in a very amazing way.
Unemployment has dropped from 10.1% in October of 2009 to 4.9% by early 2016:
In the early years of Obama, the employment rate rises in an amazing way. But in early 2016, the employment rate dropped in the private and the government sector too. The employment rate dropped from 10.1% to 4.9%. This situation of America was stated in the Forbes magazine.
The stock market continues to set new record heights since President Obama took office:
The trend of the market changed, and the stock market moved in the upward trend when the new president of America joined the office in 2009. This gives many benefits to the middle-class Americans. Almost American people invested 401 K in the stock exchange.
The federal budget deficit is shrinking. It’s been reduced by two-third since 2009:
The $1.4 trillion federal budget deficit that Obama inherited in 2009 was in a large part due to the high rate of employment. When the million of the people got unemployed in 2008 and 2009, the revenue and the income tax of the government was reduced which result in the less economic activity of the country.
Under President Obama, Government spending has increased only 3.3% annually, the lowest rate since Eisenhower was president:
You might have heard this news that Obama is spending more money and running up our debt. Obama has increased the expenses of the country by 1.4% annually. Obama has increased spending less than any president since Eisenhower.
For 95 of America taxpayers, income taxes are allowed or lower than they were at almost any point in the last 50 years:
After President Obama took office, many of the people of and tea party members of the country have raised the tax of the country. This helped a lot in the development of the country.
Dependence on Foreign Oil has shrunk due to record domestic oil production and improved fuel efficiency standard:
The production of oil has been reduced when president Obama joined the office. In 2016 the oil production raised and now America produces gasoline oil this much they produce this much oil that they export oil.
At least 18 million Americans now have health insurance than before:
Depending upon the number of use 12-18 million of American people have acquired health insurance this is just affordable by the American people. It saved in American people in the long run.
The Affordable care act has added years to the life of Medicare:
The Medicare had been served the people of America a lot and the expenses of the medicine were also reduced. The Medicare trust fund will get stable until the year 2030. It will surely give much health facilities to the people.
We have discussed some of the most interesting facts about Obama. He raised the employment rate in the society which as a result improved the lifestyle of the people of the country. By reading the above mentioned information, you can get a clear idea about Obama.