And of course one month of decent job growth proves everything, right?! I mean, never mind that Obama's recovery is the weakest in modern history. Never mind that this "recovery" has included several months of either negative GDP growth or virtually zero GDP growth. Never mind that median family income still has not returned to its pre-recession level. Never mind that we're now $19 trillion in debt. Never mind that we're running a huge trade deficit. Never mind that labor force participation is still near an all-time low. Never mind that the U-6 unemployment rate, which Bernie Sanders correctly called the "real unemployment rate," has been substantially higher on average than it was during the Bush years.
Nah, never mind all those troublesome facts. Just focus on one month!
It is eight solid years of decent job growth leading to ten million new jobs and dropping the unemployment rate from 10.1 percent to 4.9 percent
And think what the employment and economy would be like if we didn't have a president who
- ever said he wanted to bankrupt 1,400 companies, that pay $100 billion a year in taxes and unemploy 450,000 people that work for these companies!
- ever said "" if somebody wants to build a coal plant, they can – it’s just that it will bankrupt them.”
- ever wanted "I prefer higher gas prices".
- has ever said he wanted "told Brazil to develop oil and that the USA will be their best customer"!
- has ever said "Under my plan of a cap and trade system, electricity rates would necessarily skyrocket."
Some companies can no longer compete in today's economy. Obama recognizing that does not change things
Obamagas is $2 a gallon....can't beat that
Thanks to GWB and NO thanks to Obama!
The Obama administration ostensibly supports America’s oil and natural gas boom,
but government data shows that they have issued the lowest number of drilling leases since at least 1988.
The total number of oil and gas drilling leases issued in 2013 reached a nearly three-decade lows,
according to the Bureau of Land Management.
The bureau says it issued 1,468 drilling leases last year, totaling 1.17 million acres of federal land — the lowest figures since 1988,
which is the oldest year for which the BLM has data.
When it comes to actually approving drilling permits in 2013, the Obama administration approved the lowest number since 2002 — only 3,770 drilling permits.
This is down from 6,617 drilling permits that were approved in 2008, the last year of the Bush administration.
Obama admin. leases the lowest amount of federal land in 25 years
The reality is the lower gas prices came because GWB signed more drilling permits, encouraged the country's oil companies to do more exploration and therefore
increased production which in turn lowered the cost BY INCREASING THE SUPPLY of national production!
Today thanks to GWB
America Now Leads the World In This Surprising Category
According to a study
Saudi Arabia has long been synonymous with oil production, but the world’s largest crude exporter may not hold that title for long.
According to a new analysis from oil and gas consulting firm Rystad Energy, the United States is the country with the largest volume of oil reserves, with Russia and Saudi Arabia coming in second and third, respectively.
Rystad’s analysis includes oil in proven, existing fields, oil that has been discovered and will probably be recoverable, as well as an estimate for recoverable oil in as-yet discovered oil fields. More than 50% of the United States oil reserves come in the form of “unconventional shale oil,” with Texas alone containing 60 million barrels of this type of fossil fuel.
America Now Leads the World In This Surprising Category
Real money.
