The simple answer? It's Obama's fault.

Last Friday, the jobs report indicated that the U.S. economy created only 80,000 jobs in the month of June. This is the third consecutive month of weak hiring, indicating that employers are still struggling and hesitant to hire.

Why aren’t these numbers getting any better? Unemployment figures still don’t include the underemployed. And what about people who have given up looking for work? They’re still unemployed, but not counted.

According to a study released a few weeks ago by the Federal Reserve, the average American family’s net worth dropped almost 40 percent between 2007 and 2010. To put that in perspective, the study showed that if your net worth was $126,400 in 2007, it fell to $77,300 in 2010, and the recession wiped away 18 percent of your savings and investments.

So, your net worth has decreased. The value of your home has diminished. There’s a good chance that someone in your family or one of your neighbors is without work or underemployed. These are the issues that hit close to home, that impact all Long Islanders.

In 1980, in a debate with then President Carter, President Reagan asked the American people, “Are you better off than you were four years ago? Is there more or less unemployment … than there was four years ago?”

Now, over 30 years later, ask yourself, once again, are you better off than you were four years ago? No? Well, it’s Obama’s fault.

When things are booming, the man in office proudly takes credit, but when they’re not, he blames someone else. Obama is still trying to blame George W. Bush.

Our country is over $15 trillion in debt. According to debtclock.org, the debt computes to $50,452 per citizen and $139,030 per taxpayer. We are coming dangerously close to following in the footsteps of Greece and Spain.

The debt certainly didn’t begin accumulating under Obama, but he has racked up more debt in three and a half years than Bush did in eight years. That’s Obama’s fault.