Barack Obama: 'by every metric, economy is better' - False

[Oldstyle]

You idiots passed it...you idiots come up with a plan to somehow pay for it!

Yep and they will. Taking away from Republicans any bi-partisan governing trademark , I would hate to be labeled like that.

You truly believe that? Then surely you base that belief on a plan that Progressives have put forth. Yet every time I ask you what that fix would be...you get incredibly vague. Why is that?

I wouldn't have written it if I didn't believe it. I also have spoken to the fact that I am not an expert and that I will leave "fixes" to experts. Why in the world would you want me to offer a fix if I am not qualified to offer one and you are not qualified to interpret its efficacy?

So you believe in something but you don't have the faintest idea what that something is? LOL You're one of those people that bought into that vague "Hope & Change" thing...aren't you, Nuhuh?

Do you enjoy being disingenuous? or do you like being plain insulting because I can do that pretty well myself.

It's "insulting" to you when I point out that you just stated that you believe in something but that you're not sure what that something is? You're the one who's painted yourself into a corner here. You're the one who's declared that you're confident that some Progressive Democrat somewhere has a fix for ObamaCare but that it's above your pay grade to know what that fix IS!

 

[Oldstyle]

liberals are complete idiots. it isnt enough that the ACA passed constitutional muster; the law IS fatally flawed. if these emotional mental midgets would put aside their "hate" cards for a minute they might realize appeal of a fatally flawed law IS how you fix it; not endless patches, some legal and some UN-CONSTITUTIONAL as obama/dems are doing

You're howling at the moon. The Supreme Court has passed its ruling and the law is a done deal.

And is that "done deal" a good deal...or is it an awful deal that we're stuck with? Just because something is Constitutional doesn't mean it's something we should have done. The ACA is a cobbled together mess that was hurriedly passed by Democrats before the American people could stop them.

 

[nuhuh]

Yep and they will. Taking away from Republicans any bi-partisan governing trademark , I would hate to be labeled like that.

You truly believe that? Then surely you base that belief on a plan that Progressives have put forth. Yet every time I ask you what that fix would be...you get incredibly vague. Why is that?

I wouldn't have written it if I didn't believe it. I also have spoken to the fact that I am not an expert and that I will leave "fixes" to experts. Why in the world would you want me to offer a fix if I am not qualified to offer one and you are not qualified to interpret its efficacy?

So you believe in something but you don't have the faintest idea what that something is? LOL You're one of those people that bought into that vague "Hope & Change" thing...aren't you, Nuhuh?

Do you enjoy being disingenuous? or do you like being plain insulting because I can do that pretty well myself.

It's "insulting" to you when I point out that you just stated that you believe in something but that you're not sure what that something is? You're the one who's painted yourself into a corner here. You're the one who's declared that you're confident that some Progressive Democrat somewhere has a fix for ObamaCare but that it's above your pay grade to know what that fix IS!

What I do know is that there is no Republican fix as they apparently are quite content going back to huge emergency room bills and a trillion dollars worth of debt over a 10 year period and a failing Medicare system spending money out its ass. They are also quite happy for all of those souls who have no insurance because of pre existing conditions. Whatever else, Republicans offer nothing at all to fix this problem and Democrats as bad as they have been in this at least moved us out of the dark ages into something that benefited millions of Americans. So be proud of your own record you have nothing at all to offer in this and yet you bitch about others who try.

 

[Oldstyle]

You truly believe that? Then surely you base that belief on a plan that Progressives have put forth. Yet every time I ask you what that fix would be...you get incredibly vague. Why is that?

I wouldn't have written it if I didn't believe it. I also have spoken to the fact that I am not an expert and that I will leave "fixes" to experts. Why in the world would you want me to offer a fix if I am not qualified to offer one and you are not qualified to interpret its efficacy?

So you believe in something but you don't have the faintest idea what that something is? LOL You're one of those people that bought into that vague "Hope & Change" thing...aren't you, Nuhuh?

Do you enjoy being disingenuous? or do you like being plain insulting because I can do that pretty well myself.

It's "insulting" to you when I point out that you just stated that you believe in something but that you're not sure what that something is? You're the one who's painted yourself into a corner here. You're the one who's declared that you're confident that some Progressive Democrat somewhere has a fix for ObamaCare but that it's above your pay grade to know what that fix IS!

What I do know is that there is no Republican fix as they apparently are quite content going back to huge emergency room bills and a trillion dollars worth of debt over a 10 year period and a failing Medicare system spending money out its ass. They are also quite happy for all of those souls who have no insurance because of pre existing conditions. Whatever else, Republicans offer nothing at all to fix this problem and Democrats as bad as they have been in this at least moved us out of the dark ages into something that benefited millions of Americans. So be proud of your own record you have nothing at all to offer in this and yet you bitch about others who try.

The huge emergency room bills are still there because the ACA doesn't address the millions of illegal immigrants that have our emergency rooms filled to overflowing. The cost of those people is still going to get picked up by someone. The debt that the ACA will end up costing taxpayers is going to be HUGE! Anyone who thinks you can put millions of people on subsidized health care that either didn't have health care before or had pre-existing conditions that made their health care extremely expensive and have health care costs go down are clueless. Your ACA has moved millions of Americans into a health care system where they now have to deal with the government. Show me ANYTHING that the government can do more efficiently than the private sector! The rule of thumb is this...if you want it to take twice and long and cost three times as much...have the government do it!

 

[Oldstyle]

I hope you're still around here when the real costs of ObamaCare become apparent. When people realize that the only way to subsidize all those people to that extent is either to raise the national debt by leaps and bounds...or raise the health care premiums of the Middle Class to levels that will bankrupt millions.

 

[Oldstyle]

And I'm amused that your solution to a "failing Medicare system" is to create an even larger health care system run by the same people who can't run Medicare!

 

[francoHFW]

RW Whacko^^ Medicare is fine, hater dupe. So is ACA DUH.

 

[francoHFW]

You prefer that GOP disaster? lol. GD idiots...

 

[francoHFW]

see sig, ay caramba...

 

[ScienceRocks]

Most of the wealth has gone to the top 1%, while the rest of us get poorer and more fucked every day. Obama like George Bush work for the banks, wall street and the 1%! Same can be said about hillary. Bernie sanders is the only one that can change this.

 

[ScienceRocks]

And I'm amused that your solution to a "failing Medicare system" is to create an even larger health care system run by the same people who can't run Medicare!

What's your solution? The same shit we had before obamacare where a private corp could fuck over people.

Medicare works pretty good and I know enough history to never trust a unregulated private sector. Only a fucking idiot would.

 

[Oldstyle]

And I'm amused that your solution to a "failing Medicare system" is to create an even larger health care system run by the same people who can't run Medicare!

What's your solution? The same shit we had before obamacare where a private corp could fuck over people.

Medicare works pretty good and I know enough history to never trust a unregulated private sector. Only a fucking idiot would.

Yeah, that same "shit" that was the envy of most of the rest of the world worked fine for me, Matthew. Since when is anything in the private sector "unregulated"? You progressives threw the baby out with the bathwater with ObamaCare. Now we're going to be stuck with healthcare run by the same government idiots who can't run anything else and that's going to mean higher costs for the average American but more importantly...a lot less service for what they do pay.

 

[Greenbeard]

Yeah, that same "shit" that was the envy of most of the rest of the world worked fine for me, Matthew. Since when is anything in the private sector "unregulated"? You progressives threw the baby out with the bathwater with ObamaCare. Now we're going to be stuck with healthcare run by the same government idiots who can't run anything else and that's going to mean higher costs for the average American but more importantly...a lot less service for what they do pay.

The nightmare has begun.


Affordable Care Act Improves Insurance, Physician Access, Health

More Americans have affordable health insurance, access to a personal doctor, and feel they are in better health after the first two open-enrollment periods of the Affordable Care Act (ACA), according to an analysis published in the Journal of the American Medical Association.

Increased Competition Kept Lid on Health Insurance Inflation, U.S. Says

Most people who bought insurance through the federal marketplace had a greater choice of health plans this year than in 2014, the administration said, and premiums rose less in counties where more insurers were competing for business.

The presence of additional insurers “played an important role in moderating premium increases,” said Richard G. Frank, an assistant secretary of health and human services.

'Jaw-dropping': Medicare deaths, hospitalizations AND costs reduced

The U.S. health care system has scored a medical hat trick, reducing deaths, hospitalizations and costs, a new study shows.

How the ACA is changing chronic care at hospitals

Healthcare professionals say the landmark health reform law, the Affordable Care Act, is accelerating changes in how hospitals treat patients with chronic conditions like diabetes, heart failure and obesity. . .

America's health system has been structured to respond to major health episodes like heart attacks after the damage is done, said Jonathan Maner, senior vice president of Langhorne Physician Services at St. Mary Medical Center.

"That's the most expensive way to practice healthcare. It requires hospitalization, pricey tests and specialists that inflate the cost of care. Obamacare is turning that on its head. We're placing a greater emphasis on prevention and early detection. The cheapest way to manage diabetes is to never have it, to manage heart disease by monitoring blood pressure, weight and cholesterol, and teaching patients how to manage their conditions."

No Longer a Unicorn: Improving Health Through Accountable Care Organizations

As recently as 2012, accountable care organizations (ACOs) were often described as “mythical unicorn creatures.” We’ve come a long way in a few short years, thanks to the incentives included in the 2010 Affordable Care Act that encourage medical centers, clinics, and practitioners to band together and create these coordinated, integrated healthcare entities that may finally end the problematic fee-for-service payment model.

Prediction vs. reality: The amazing slowdown in health costs continues

 

[Socialist]

Barack Obama tells Jon Stewart the economy by every metric is better than when he took office PolitiFact
The economy is better for the rich..
Relevant:
"That unemployment rate is complete hogwash and everyone knows it. Many Americans are unemployed or underemployed. Do you understand that the unemployment rate only counts those who are currently receiving unemployment benefits? The labor participation rate is 62.9% at present, which means nearly 38% of working adults are not working in the legal market. I would also like to add that many new jobs are low quality, part-time service and retail industry jobs with low wages and minimal economic opportunity. The middle class is still in the process of being taken apart."

During his farewell visit to Jon Stewart’sDaily Show, President Barack Obama took a bit of a victory lap.

At one point in the extended interview posted online, Obama said, "Here's the thing I can say, Jon. I can say this unequivocally: The VA is better now than when I came into office; government works better than when I came into office; the economy, by every metric, is better than when I came into office."

It was the last of those claims -- that "the economy, by every metric, is better than when I came into office" -- that caught our attention. That’s a pretty strong statement. Is it correct?

Statistics that support Obama’s claim

Three common economic statistics that are widely considered important are gross domestic product, unemployment rate and employment level. And looking just at these three measurements, Obama has a strong record in office.

• Gross domestic product per capita. Inflation adjusted GDP per capita -- that is, all economic activity in the United States divided by the number of U.S. residents -- has increased from $47,002 in 2009 to $54,630 in 2014, an increase of 16 percent since Obama took office.

• Unemployment rate. In January 2009, the unemployment rate was 7.8 percent. After peaking at 10 percent in October 2009, the rate fell to 5.3 percent by June 2015. That’s a drop in unemployment of almost one-third since Obama’s inauguration, and it’s been mirrored in drops among African-Americans and Latinos.

• Employment level. In January 2009, total nonfarm employment in the United States stood just shy of 134 million. By February 2010, employment had fallen to 129.6 million, but by June 2015 it had rebounded to 141.8 million. That’s an increase in jobs of almost 6 percent from the start of Obama’s term.

Where things haven’t gone so well for Obama

While Obama has some statistics to point to, it is wrong to say that "the economy, by every metric, is better than when I came into office."

We found several important measurements that went in the wrong direction during Obama’s tenure.

• Real median weekly earnings. Between the first quarter of 2009 and the first quarter of 2015, inflation-adjusted weekly earnings for full-time wage and salary workers fell from $348 to $344, a decline of about 1 percent. Comparing the second quarter of 2009 and the second quarter of 2015, weekly earnings fell from $342 to $337, a decline of about 1.4 percent.

• Median income. Inflation-adjusted median household income, according to the U.S. Census Bureau, fell from $54,059 in 2009 to $51,939 in 2013 -- a decline of about 4 percent. (Depending on how you adjust these raw numbers for taxes and in-kind income, inflation-adjusted income per person may have gone up a bit rather than shrinking.)

• Percent of people in poverty. The data show that 13.2 percent of Americans were living in poverty in March 2009. By March 2014, that percentage had risen to 14.5 percent. That was down slightly from what it was in the previous three years, but not enough to match the 2009 level.

• Median weeks unemployed. In January 2009, the median number of weeks an unemployed person was unemployed was 10.7. By June 2015, that number had risen to 11.3 weeks. (The peak of 25.2 weeks came in June 2010.)

• Civilian labor force participation rate. This is the percentage of people either working or looking for work, divided by the civilian, noninstitutionalized population. In January 2009, this stood at 65.7 percent, but by June 2015, it had fallen to 62.6 percent. The caution here is that this statistic has been affected by the increasing rate of retirements due to the aging of the Baby Boomers. However, most economists say that the weak recovery has played at least some role in this decline.

• Number of people on food stamps. The number of recipients has risen from 33.5 million in 2009 to 46.5 million in 2014, an increase of 39 percent. What is hard to say is how much comes from expanded accessibility rules and how much comes from rising economic need.

No question we have to work on our distribution of wealth to make sure more trickles down

Agreed.

 

[rightwinger]

$30 trillion has been added to household wealth since Obama became president

 

[The Rabbi]

$30 trillion has been added to household wealth since Obama became president

All of it at the top. That's what Democrat policies lead to: trickle up poverty.