playtime
Diamond Member
- Aug 18, 2015
- 58,010
- 51,493
- 3,645
Barack Obama oversaw the worst recovery from a recession since FDR and The Great Depression! His lack of a coherent policy to grow the economy and create jobs was so bad that two years into his first term in office his Administration basically stopped trying! The only things that kept his economic numbers from being historically bad was the GOP taking back control of the Senate so that he couldn't pass more jobs killing legislation like Cap & Trade and an oil and natural gas boom created by fracking advances that he actively opposed!Best unemployment #'s in decades and a rising economy.
Yeah that sure sucks.
This is why I dont take you clowns seriously.
you mean the 10% unemployment rate that obama inherited from another incompetent president, & cut it in 1/2 to 5% despite having a (R) majority CONgress for 6 of the 8 years of his administration - - - then donny piggybacked off of that & only reuced it by +/- 1.5% despite having a (R) CONgress for 1/2 the time he was in office?
Obama’s Final Numbers
Statistical indicators of President Obama's eight years in office.
By Brooks Jackson
Posted on September 29, 2017 | Updated on May 22, 2020
Summary
The numbers are nearly all in now. What they show about what really happened during the eight years that Barack Obama was president is sometimes different from what politicians claimed.
- The economy gained a net 11.6 million jobs. The unemployment rate dropped to below the historical norm.
- Average weekly earnings for all workers were up 4.2 percent after inflation. The gain was 3.7 percent for just production and nonsupervisory employees.
- After-tax corporate profits also set records, as did stock prices. The S&P 500 index rose 166 percent.
- The number of people lacking health insurance dropped by 15 million. Premiums rose, but more slowly than before.
- The federal debt owed to the public rose 128 percent. Deficits were rising as Obama departed.
- Home prices rose 20 percent. But the home ownership rate hit the lowest point in half a century.
- Illegal immigration declined: The Border Patrol caught 35 percent fewer people trying to get into the U.S. from Mexico.
- Wind and solar power increased 369 percent. Coal production declined 38 percent. Carbon emissions from burning fossil fuel dropped 11 percent.
- Production of handguns rose 207 percent, to a record level.
- The murder rate dropped to the lowest on record in 2014, then rose and finished at the same rate as when Obama took office.
Analysis
Gathering statistics is a painstaking and time-consuming job. Figures on crime, household incomes and poverty in 2016 weren’t released until September 2017, for example.
But now we have a reasonably complete statistical picture of the Obama years, which began in the middle of the worst economic downturn since the Great Depression, and ended with the highest level of household income ever recorded.
These facts often turn out to be at odds with the impressions created by candidates who, for example, claimed wages and incomes were stagnant when in fact they were rising. The facts also can conflict with impressions created by news media reporting dramatic but untypical events. Despite nonstop coverage of several mass shootings, for example, the murder rate was going down for most of the Obama years, hitting the lowest ever recorded in 2014.
Obama's Final Numbers