Almost 3 out of every 4 Americans thought the Country was on the wrong track when Obama left office. Enough said. The economy sucked under Obama except for the very wealthy. Anyone who suggests otherwise is lying.Did Obama's predecessor exceed the high point of the administration prior?It looks like read per capita income decreased every year of his administration.
Way to go, Obama!
LOL you do know that Obama's presidency didn't end in 2013, right?
The chart goes to 2015, moron.
No it doesn't moron
here is one that does:
So the net was negative for his administration - and still considerably below the value in 2000
It looks like read per capita income decreased every year of his administration.
Way to go, Obama!
LOL you do know that Obama's presidency didn't end in 2013, right?
The chart goes to 2015, moron.
No it doesn't moron
here is one that does:
So the net was negative for his administration - and still considerably below the value in 2000
Median income: The jump in median income was one of the largest annual increases Census has recorded. The growth was also widespread, with geographic regions and races (except for Asians) seeing increases.
Behind the pay hike is the big increase in employment, Census officials said. Some 3.3 million more Americans were working full-time, year-round, pushing up median income. Some 1.4 million more men and 1 million more women had jobs last year.
"Strong labor markets make a big difference in helping to connect low- and middle-income working families to the broader economy," said Jared Bernstein, senior fellow at the Center on Budget and Policy Priorities.
Median income jumps 5.2% in 2015
Note the underlined....what do you figger will happen to real median household income consequent to a Lost Decade where private sector payrolls SHRANK over the course of 8 years?
Did Obama's predecessor exceed the high point of the administration prior?It looks like read per capita income decreased every year of his administration.
Way to go, Obama!
LOL you do know that Obama's presidency didn't end in 2013, right?
The chart goes to 2015, moron.
No it doesn't moron
here is one that does:
So the net was negative for his administration - and still considerably below the value in 2000
Why do you delude yourselves with the immature narrative of cherry picking negative things about the economy and then ignore all of the overwhelming positive things about it?
Notice that she left out the 4 trillion dollars of FAUX money that the FED created. Someone will HAVE to pay for that private DEBT. I am sure Janet Yellow will spring that surprise on President Trump sometime soon.
We now have 7 full years of economic data since President Obama signed the Affordable Care Act (ACA or “Obamacare”). So, as Republicans in Washington continue their relentless assault on the ACA, it’s a good time to take stock of how America actually fared in the Obamacare Economy.
Before turning to the facts, a reminder of the narrative that the GOP has been pushing about the ACA for so long:
“It will bankrupt our nation, and it will ruin our economy! … This health care law … is already destroying jobs in our country.” — John Boehner, 2011
“We now know that Obamacare has been one of the single biggest drags on job creation since early 2010.” — Mitch McConnell, 2012
“[T]his is going to blow a hole through the deficit even more than we had already thought.” — Paul Ryan, 2012
“Obamacare is directly responsible for destroying jobs and lowering wages for workers” — Senate Republican Policy Committee, 2014
“It is the biggest job-killer in this country.” — Ted Cruz, 2016
“Obamacare is devastating businesses." — Donald Trump, 2016
“Obamacare … this disastrous policy that's been killing jobs." — Mike Pence, 2016
Let’s tackle these false “job-killing, wage-reducing, deficit-busting” myths one by one:
The Obamacare Economy: 7 Years, 16 Million Jobs Created, Middle-Class Incomes Up $3K
http://nypost.com/2014/10/12/obamas-4-trillion-gift-to-the-rich/PRAVDA would be proud of the Commies of the liberal party today.
So the net was negative for his administration - and still considerably below the value in 2000
Median income: The jump in median income was one of the largest annual increases Census has recorded. The growth was also widespread, with geographic regions and races (except for Asians) seeing increases.
Behind the pay hike is the big increase in employment, Census officials said. Some 3.3 million more Americans were working full-time, year-round, pushing up median income. Some 1.4 million more men and 1 million more women had jobs last year.
"Strong labor markets make a big difference in helping to connect low- and middle-income working families to the broader economy," said Jared Bernstein, senior fellow at the Center on Budget and Policy Priorities.
Median income jumps 5.2% in 2015
Note the underlined....what do you figger will happen to real median household income consequent to a Lost Decade where private sector payrolls SHRANK over the course of 8 years?
Of course, it still didn't make up for the decline that occurred during his administration. The net result is that average income declined under Obama, It sill hasn't risen above the level we enjoyed in 2000. That's a record no sane person would crow about.
John Crudele is quite possibly the worst econ beat writer on the planet....If it wasn't for the Post he would be pitching falafel on the lower west side.Notice that she left out the 4 trillion dollars of FAUX money that the FED created. Someone will HAVE to pay for that private DEBT. I am sure Janet Yellow will spring that surprise on President Trump sometime soon.
We now have 7 full years of economic data since President Obama signed the Affordable Care Act (ACA or “Obamacare”). So, as Republicans in Washington continue their relentless assault on the ACA, it’s a good time to take stock of how America actually fared in the Obamacare Economy.
Before turning to the facts, a reminder of the narrative that the GOP has been pushing about the ACA for so long:
“It will bankrupt our nation, and it will ruin our economy! … This health care law … is already destroying jobs in our country.” — John Boehner, 2011
“We now know that Obamacare has been one of the single biggest drags on job creation since early 2010.” — Mitch McConnell, 2012
“[T]his is going to blow a hole through the deficit even more than we had already thought.” — Paul Ryan, 2012
“Obamacare is directly responsible for destroying jobs and lowering wages for workers” — Senate Republican Policy Committee, 2014
“It is the biggest job-killer in this country.” — Ted Cruz, 2016
“Obamacare is devastating businesses." — Donald Trump, 2016
“Obamacare … this disastrous policy that's been killing jobs." — Mike Pence, 2016
Let’s tackle these false “job-killing, wage-reducing, deficit-busting” myths one by one:
The Obamacare Economy: 7 Years, 16 Million Jobs Created, Middle-Class Incomes Up $3K
http://nypost.com/2014/10/12/obamas-4-trillion-gift-to-the-rich/PRAVDA would be proud of the Commies of the liberal party today.
Why do you ignore all the evidence we had a shitty economy during Obama's reign? Because you're a leftist puppet.
Bri,
So the net was negative for his administration - and still considerably below the value in 2000
Median income: The jump in median income was one of the largest annual increases Census has recorded. The growth was also widespread, with geographic regions and races (except for Asians) seeing increases.
Behind the pay hike is the big increase in employment, Census officials said. Some 3.3 million more Americans were working full-time, year-round, pushing up median income. Some 1.4 million more men and 1 million more women had jobs last year.
"Strong labor markets make a big difference in helping to connect low- and middle-income working families to the broader economy," said Jared Bernstein, senior fellow at the Center on Budget and Policy Priorities.
Median income jumps 5.2% in 2015
Note the underlined....what do you figger will happen to real median household income consequent to a Lost Decade where private sector payrolls SHRANK over the course of 8 years?
Of course, it still didn't make up for the decline that occurred during his administration. The net result is that average income declined under Obama, It sill hasn't risen above the level we enjoyed in 2000. That's a record no sane person would crow about.
Ice,
You couldn't even bring yourself to answer the question....Did Obama's predecessor exceed the high point of the administration prior?
So the net was negative for his administration - and still considerably below the value in 2000
I would be the last person to defend Bush's record.
You are so full of shit, I would almost be embarrassed. But since you are a liberal, I know how far up Uranus, your head is. Yes Obama made the Rich definitely RICHER and put the most in POVERTY since the War on Poverty started. Yet, you listen to the lickspittle, liberal, lapdog media, and then goose step right along with them. Seig Heil....Notice that she left out the 4 trillion dollars of FAUX money that the FED created. Someone will HAVE to pay for that private DEBT. I am sure Janet Yellow will spring that surprise on President Trump sometime soon.
We now have 7 full years of economic data since President Obama signed the Affordable Care Act (ACA or “Obamacare”). So, as Republicans in Washington continue their relentless assault on the ACA, it’s a good time to take stock of how America actually fared in the Obamacare Economy.
Before turning to the facts, a reminder of the narrative that the GOP has been pushing about the ACA for so long:
“It will bankrupt our nation, and it will ruin our economy! … This health care law … is already destroying jobs in our country.” — John Boehner, 2011
“We now know that Obamacare has been one of the single biggest drags on job creation since early 2010.” — Mitch McConnell, 2012
“[T]his is going to blow a hole through the deficit even more than we had already thought.” — Paul Ryan, 2012
“Obamacare is directly responsible for destroying jobs and lowering wages for workers” — Senate Republican Policy Committee, 2014
“It is the biggest job-killer in this country.” — Ted Cruz, 2016
“Obamacare is devastating businesses." — Donald Trump, 2016
“Obamacare … this disastrous policy that's been killing jobs." — Mike Pence, 2016
Let’s tackle these false “job-killing, wage-reducing, deficit-busting” myths one by one:
The Obamacare Economy: 7 Years, 16 Million Jobs Created, Middle-Class Incomes Up $3K
http://nypost.com/2014/10/12/obamas-4-trillion-gift-to-the-rich/PRAVDA would be proud of the Commies of the liberal party today.
There's a reason for that. The nature and scope of the OP is on an overall, national level. The OP doesn't, as you have, "cherry pick' specific elements and then attempt to extrapolate the downside(s) of them as the basis for denying that as a whole, the Obama years yielded an net improvement for the majority (majority >= 50%+1) of Americans.
Were the Obama years ideal and beneficial for literally everyone? No. Obama will be the first to admit that. But for whom Obama's presidency yielded positive economic outcomes and for whom it did not isn't the point of the OP. The point is simply that such outcomes were realized by more people and businesses than suffered negative economic outcomes during the same period.
We now have 7 full years of economic data since President Obama signed the Affordable Care Act (ACA or “Obamacare”). So, as Republicans in Washington continue their relentless assault on the ACA, it’s a good time to take stock of how America actually fared in the Obamacare Economy.
Before turning to the facts, a reminder of the narrative that the GOP has been pushing about the ACA for so long:
“It will bankrupt our nation, and it will ruin our economy! … This health care law … is already destroying jobs in our country.” — John Boehner, 2011
“We now know that Obamacare has been one of the single biggest drags on job creation since early 2010.” — Mitch McConnell, 2012
“[T]his is going to blow a hole through the deficit even more than we had already thought.” — Paul Ryan, 2012
“Obamacare is directly responsible for destroying jobs and lowering wages for workers” — Senate Republican Policy Committee, 2014
“It is the biggest job-killer in this country.” — Ted Cruz, 2016
“Obamacare is devastating businesses." — Donald Trump, 2016
“Obamacare … this disastrous policy that's been killing jobs." — Mike Pence, 2016
Let’s tackle these false “job-killing, wage-reducing, deficit-busting” myths one by one:
The Obamacare Economy: 7 Years, 16 Million Jobs Created, Middle-Class Incomes Up $3K
You liberals love to **** things up then blame others when the shit hits the fan. That disaster was caused by Bill Clinton and then when it was pointed out the failings that were going to occur, good ole liberals Barney Frank, Maxine Waters, and Chris Dodd, used the race card to keep the program going. You mother fuckers never take responsibility for your screwed up actions. This is why liberals are the stupidest people in the Universe.Bri,
So the net was negative for his administration - and still considerably below the value in 2000
Median income: The jump in median income was one of the largest annual increases Census has recorded. The growth was also widespread, with geographic regions and races (except for Asians) seeing increases.
Behind the pay hike is the big increase in employment, Census officials said. Some 3.3 million more Americans were working full-time, year-round, pushing up median income. Some 1.4 million more men and 1 million more women had jobs last year.
"Strong labor markets make a big difference in helping to connect low- and middle-income working families to the broader economy," said Jared Bernstein, senior fellow at the Center on Budget and Policy Priorities.
Median income jumps 5.2% in 2015
Note the underlined....what do you figger will happen to real median household income consequent to a Lost Decade where private sector payrolls SHRANK over the course of 8 years?
Of course, it still didn't make up for the decline that occurred during his administration. The net result is that average income declined under Obama, It sill hasn't risen above the level we enjoyed in 2000. That's a record no sane person would crow about.
Why are you still here? Have you no shame?
The "decline" occurred because a guy for whom you cast 2 enthusiastic votes left the US (and world) economy a smoking crater. This was, by far, the worst economic disaster to befall the nation since The Great Depression. That labor markets have recovered to their present state is a miracle. The ONLY way income were going to rise was if the economy could generate enough jobs to make up for the slack of the previous 8 years......that "slack" represented about 8 million private sector jobs....
And unlike every other post WW2 recovery, this one - in the wake of the WORST recession during that time - had to proceed without the benefit of discretionary fiscal lift.
In fact, the recovery in labor markets was strong enough to grow real median household income at the highest annual rate recorded, in 2014.
