OBAMA'S LEGACY AND THE CHARTS PROVE IT :
As regular readers know, one of our favorite chartpacks to show "Obama's recovery" is the one below,
presented most recently just two days ago during Obama's now almost weekly televised sermon of how the economy is great and anyone who disagrees is "peddling fiction", which using simple Bloomerg data, summarize recent changes in key economic indicators including soaring federal debt and government dependency via food stamp use, surging healthcare costs and social inequality, plunging homeownership, income, and labor force participation, and - of course - driving it all, none of the president's or Congress' actions, but
the Fed's balance sheet, something even major banks admit is better known as "printing money" - money that ends up blowing one after another asset bubble unable to finds its way into the broader economy - a stigma that is now gone in a world in which helicopter money is seriously considered by lunatics in power.
- Then yesterday, we were pleasantly surprised to see that none other than Donald Trump used this very chart set to demonstrate a point, namely that "Obama's legacy is an absolute disaster", something we doubt many would disagree with.
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"@TaylorEdwards99: THIS IS @POTUS'S LEGACY! AN ABSOLUTE DISASTER!!! WE NEED @realDonaldTrumpNOW!! #MAGA #TRUMP2016
3:20 PM - 2 Jun 2016
However, one entity that would naturally be offended by nice simple charts which factually expose the failure behind both the propaganda and Obama's attempt to jump start the economy, was Jeff Bezos' Washington Post, an outlet which has had a long-running vendetta with Donald Trump, and, apparently, the facts.
We were beyond amused when the WaPo's decided to "fact check" these charts which are, well, based on facts sourced by the very government the WaPo so strenuously defends.
These Are The 9 Zero Hedge Charts Showing "Obama's Recovery" That Angered The Washington Post | Zero Hedge
ANTI AMERICAN'S ARE JUST to stuck in the brainwashed collective self taught bs of lies.