Unemployment is down to 4.9%
Thanks President Obama!
They have to lie.
Bush handed Obama a nation in financial ruins.
Obama turned it around. If the Republicans admit Obama's success, they have no claim to power. The only thing they have left is fear over terrorism, which they are overplaying.
Bernie wants to rebuild the Middle Class. The Republicans want to rebuild the bank accounts of weapons contractors. When Bush/Cruz/Trump talk about rebuilding the military, they are repeating the insanity of the Bush years. They are overblowing the terrorist threat because it serves their geopolitical plans for the Middle East; meanwhile the real nuclear bomb exploded over the housing and financial markets. They completely missed the real threats facing this country.
These people are dangerous. They couldn't even defend the eastern seaboard of the United States and they destabilized the Middle East for generations - but they want our trust. To rebuild the military which they wield with the skill of a bull in a china shop.
"Hi I'm from government and I want to "protect you". Now give me your money so I can rebuild the military . . . so that I can **** the world up even more. Trust me."
God help us.
"Obama turned it around."
OMG!!!!
Perhaps you should pick up a newspaper once in a while....
1. "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.
The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.
“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..."
http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0
2.
"....US hourly wages have not only not increased for the past 7 years,but for the
vast majority of the labor force continue to decline,.... just the month of August will be enough to provide the Trump - and every other - campaign with enough soundbites and pivot points to last it for weeks on end: namely,
that in August a whopping 698,000 native-born Americans lost their job.This drop was offset by 204,000 foreign-born Americans, who got a job in the month of August. ....
since December 2007, according to the Household Survey,only 790,000 native born Americanjobs have been added.Contrast that with
the 2.1 million foreign-born Americanswho have found a job over the same time period..."
698K Native-Born Americans Lost Their Job In August: Why This Suddenly Is The Most Important Jobs Chart | Zero Hedge
3. October 2015: "Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower"Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower | Zero Hedge
4. "Obamacare health insurance co-ops surged past the $1 billion mark in losses this week, making history of sorts.The insolvencies, totaling $1.36 billion, mean that the co-ops have burned through more than half of the
original $2 billion appropriatedin 2010 for the program under the Affordable Care Act. The funds were loaned to the start-up co-ops in 2012 and were to be repaid in 15 years, according to the Centers for Medicare and Medicaid Services, which manages Obamacare.
...13 of the 23 federally-financed Obamacare co-ops have officially failed in only two years. Most are in the process of default as insurance regulators attempt to pay customer’s medical bills, cover medical providers and pay other creditors.
Obamacare Co-Op Mess Causes $1.3 Billion In Losses
5."
Obama Administration Announces 144 Big Regulations Right Before Thanksgiving
This is a new record, beating the previous high of 136 set by President Obama this spring."
Obama Administration Announces 144 Big Regulations Right Before Thanksgiving
6. "...
ObamaCare experiment costing taxpayers $2.4 billionis failing. The co-ops were founded on the idealistic belief that community members could band together to create health insurance companies that would be member-driven, service-oriented, and would not have to answer to shareholders or turn a profit."
400,000 Citizens To Lose Health Insurance (Again) Because Of Obamacare Co-Op Failures
7. "The U.S. expanded at a 2.2% rate through the first nine months of the year, and the economy is projected to grow at a similar pace in the fourth quarter that ends on Dec. 31. If so, the economy will have failed to reach 3% growth for the 10th straight year, marking the slowest stretch since the end of World War II.
Historically the economy has expanded at a 3.3% rate."
U.S. economy set to grow less than 3% for the 10th straight year
8. "Congress has now cleared the way for federal debt to pass
$20 trillionby the end of the president’s second term. President Obama said the new budget deal will be paid for in a “balanced” and “responsible” way, but on the day the deal was signed, the federal debt jumped $339 billion—a third of a trillion dollars in one day."
Societywatch
9.The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2015 is 0.8 percent on January 8, down from 1.0 percent on January 6. The forecast for the contribution of inventory investment to fourth-quarter real GDP growth declined 0.2 percentage points to -0.8 percentage points after this morning's wholesale trade report from the U.S. Census Bureau.
GDPNow
10. "
Retail Sales in U.S. Decrease to End Weakest Year Since 2009Sales at U.S. retailers declined in December to wrap the weakest year since 2009, raising concern about the momentum in consumer spending heading into 2016. The 0.1 percent drop matched the median forecast of 84 economists surveyed by Bloomberg and followed a 0.4 percent gain in November, Commerce Department figures showed Friday in Washington. For all of 2015, purchases climbed 2.1 percent, the smallest advance of the current economic expansion."
Retail Sales in U.S. Decrease to End Weakest Year Since 2009
11. " The federal government heavily subsidizes higher education through a complex system of grants and loans. While the programs are great for colleges — they have
enabledan astronomical increase in tuition — they contain few measures holding the institutions accountable to their students. As a result, only
59 percentof students graduate from four-year colleges and universities within six years. Those lucky enough to graduate face another hurdle:
44 percentof recent college graduates occupy jobs which do not require a college degree. Taken together, these numbers suggest that only one-third of college enrollees emerge from the system with both a degree and a relevant job."
What "Free" College Can't Fix | Preston Cooper
12.
Obama is the first President never to have had a year of 3% or better economic growth: "...annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years."
President Obama’s Growth Gap Hits $1.31 Trillion
a. "
The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt
b. "....first president since Hoover to never have a single year above 3% GDP growth."
Obama economy is 'amazing,' says hedge fund billionaire
13. According to the
2016 Index of Economic Freedom, an annual publication by The Heritage Foundation, America’s economic freedom has tumbled. With losses of economic freedom in eight of the past nine years, the U.S. has tied its worst score ever, wiping out a decade of progress. Since early
2009:
· Government spending has exploded, amounting to $29,867 per household in 2015.
· The national debt has risen to $125,000 for every tax filing household in America—a total over $18 trillion.
· The government takeover of health care is raising prices and disrupting markets.
· Bailouts and new government regulations have increased uncertainty, stifling investment and job creation.
America’s Economic Freedom Has Rapidly Declined Under Obama
Gads, you're a dunce.
You probably imagine that ObamaCare is still a great idea, too.....
