Stephanie
Diamond Member
- Jul 11, 2004
- 70,230
- 10,864
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sums it up rather nicely
SNIP:
Posted 11/02/2012 07:11 PM
President Obama entered office in January 2009 amid hopes he could solve the nation's problems and bring us all together. The record shows he has...
The Record: Big media and left-leaning pundits are engaged in an effort to revise the history of Barack Obama's four years in the Oval Office. But the facts are clear: Obama is the biggest presidential failure in modern history.
Obama is unique among presidents in large part because he fails to even recognize his deficiencies and mistakes or when he does, he learns the wrong lessons and doubles down on his policies.
Whether it's food stamp rolls that have swollen to 47 million, or the decline in household income that has left millions more with a lower standard of living, or the diminution of esteem for America around the world, Obama's time in office has been subpar.
A by-no-means-exhaustive list of President Obama's deficient results follows. In four short years, he has:
Produced an anemic recovery. Economic growth and job gains have been slower than in almost every other recovery on record. Had this rebound merely matched the post-World War II average, 8 million more people would have jobs and the GDP would be $1.2 trillion bigger. Since the recovery began, real GDP has expanded 7.2% vs. an average at this point since World War II of 15.8%. Put another way, since the start of the recovery, real GDP per person a measure both of productivity and standard of living has fallen an unprecedented 1.5%.
Created a large pool of unemployed. Official figures vastly underestimate the severity of joblessness on Obama's watch. Millions have given up looking for work, for example, and don't get counted as unemployed. Between January 2009 and September 2012, the number of people who aren't in the labor force shot up 8.2 million, while the number of employed rose just 787,000. Unemployment today is 7.9% higher than when Obama entered office.
Vastly expanded the disability rolls. As job prospects diminished, millions of workers applied for federal disability benefits and more than 3.8 million were approved. Today, a record 8.3 million workers are on disability. The result is millions of workers who are likely never to return to the workforce, and billions of dollars in new Social Security and Medicare costs.
Created a food stamp nation. In less than four years, the number of people receiving food stamps has shot up by 15 million. Today, almost one in six Americans is on food stamps. The lousy economy is one reason, but the Obama administration has also pushed to get more people enrolled.
all of it here.
Read More At IBD: Obama's 4 Years Of Deficient Leadership: 47 Mistakes That Hurt U.S. - Investors.com
SNIP:
Posted 11/02/2012 07:11 PM
President Obama entered office in January 2009 amid hopes he could solve the nation's problems and bring us all together. The record shows he has...
The Record: Big media and left-leaning pundits are engaged in an effort to revise the history of Barack Obama's four years in the Oval Office. But the facts are clear: Obama is the biggest presidential failure in modern history.
Obama is unique among presidents in large part because he fails to even recognize his deficiencies and mistakes or when he does, he learns the wrong lessons and doubles down on his policies.
Whether it's food stamp rolls that have swollen to 47 million, or the decline in household income that has left millions more with a lower standard of living, or the diminution of esteem for America around the world, Obama's time in office has been subpar.
A by-no-means-exhaustive list of President Obama's deficient results follows. In four short years, he has:
Produced an anemic recovery. Economic growth and job gains have been slower than in almost every other recovery on record. Had this rebound merely matched the post-World War II average, 8 million more people would have jobs and the GDP would be $1.2 trillion bigger. Since the recovery began, real GDP has expanded 7.2% vs. an average at this point since World War II of 15.8%. Put another way, since the start of the recovery, real GDP per person a measure both of productivity and standard of living has fallen an unprecedented 1.5%.
Created a large pool of unemployed. Official figures vastly underestimate the severity of joblessness on Obama's watch. Millions have given up looking for work, for example, and don't get counted as unemployed. Between January 2009 and September 2012, the number of people who aren't in the labor force shot up 8.2 million, while the number of employed rose just 787,000. Unemployment today is 7.9% higher than when Obama entered office.
Vastly expanded the disability rolls. As job prospects diminished, millions of workers applied for federal disability benefits and more than 3.8 million were approved. Today, a record 8.3 million workers are on disability. The result is millions of workers who are likely never to return to the workforce, and billions of dollars in new Social Security and Medicare costs.
Created a food stamp nation. In less than four years, the number of people receiving food stamps has shot up by 15 million. Today, almost one in six Americans is on food stamps. The lousy economy is one reason, but the Obama administration has also pushed to get more people enrolled.
all of it here.
Read More At IBD: Obama's 4 Years Of Deficient Leadership: 47 Mistakes That Hurt U.S. - Investors.com
