You say that, Joey...yet you can't tell us what Obama policy it was that created wealth. Why is that?
The Stimulus
The Auto Bailout
QE
I've said this a bunch of times, but you were too busy hating on the black guy.
The stimulus? LOL Really? Do the math, Joey!
"When [the American Recovery and Reinvestment Act] was being considered, the Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation estimated that it would increase budget deficits by $787 billion between fiscal years 2009 and 2019.
CBO now estimates that the total impact over the 2009–2019 period will amount to about $831 billion.
By CBO’s estimate, close to half of that impact occurred in fiscal year 2010, and more than 90 percent of ARRA’s budgetary impact was realized by the end of March 2012. CBO has estimated the law’s impact on employment and economic output using evidence about the effects of previous similar policies and drawing on various mathematical models that represent the workings of the economy. …
On that basis CBO estimates that ARRA’s policies had the following effects in the first quarter of calendar year 2012 compared with what would have occurred otherwise:
— They raised real (inflation-adjusted) gross domestic product (GDP) by between 0.1 percent and 1.0 percent,
— They lowered the unemployment rate by between 0.1 percentage points and 0.8 percentage points,
— They increased the number of people employed by between 0.2 million and 1.5 million,
— They increased the number of full-time-equivalent jobs by 0.3 million to 1.9 million. (Increases in FTE jobs include shifts from part-time to full-time work or overtime and are thus generally larger than increases in the number of employed workers.)
OK, so without the stimulus, there would be anywhere from 200,000 to 1.5 million fewer people employed right now? That means the current cost-per-job created is somewhere between $4.1 million and $540,000"
CBO: Obama stimulus may have cost as much as $4.1 million a job - AEI
Only a "true believer" (or deceiver?) like yourself would tout a stimulus that created jobs at a cost of $540,000 to $4.1 million per job as an Obama "success"! There is a REALLY good reason why the Obama Administration started using "Jobs Created or Saved" as their go to economic statistic, Joey! They didn't want the American people to figure out how few jobs they actually created after spending nearly a trillion dollars of our money!