After Six Years of Obamanomics: Five Things You Need to Know

[DarkFury]

And we've all been suffering for it. Just awful

SNIP:
After six years of Obamanomics, here are five things you need to know:

1.) Worst Recovery Ever



When Obama’s non recovery is compared to Reagan’s, there’s no contest!

As already noted by the GWP, the Obama economic recovery is dismal when compared to Reagan’s. Ronald Reagan’s economic plan saw GDP surge at a 3.5% clip – 4.9% after the recession. That’s a 32% bump. During the Obama years, thanks to his big government policies, the US economy has stalled. The US economy has grown an anemic 9.6% during the Obama years (excluding the 1st Quarter 2015’s dismal number). With the 1st Quarter of 2015 GDP declining at -0.7%, Obama has the lowest average 1st Quarter GDP growth of any president in history. In addition, using the number of jobs recovered after the recession as the measurement, then Obama’s recovery is the worst recovery ever.

2.) Worst Labor Participation Ever



The labor participation rate since Obama took over has plummeted to rates not seen since the Carter years (see chart above). The Obama regime has set the record for more Americans not working (more than 102 million) than at any time in US history. Obama touts the unemployment rate dipping since his first years in office but all of the decline in the unemployment rate since President Obama entered office has been due to workers leaving the work force, and therefore no longer counted as unemployed, rather than new jobs being created.

3.) Record Debt and Deficits



Currently the US the government has more than $18 trillion in Debt. Obama has nearly doubled the national debt in his 6 years with it somewhere near $9 to $10 trillion when he took office. Per www.whitehouse.gov, the accumulative total for all US Deficits for all presidents combined was $11.6 trillion through the end of 2014. A closer look at the deficits shows that the Obama Administration has accumulated more in deficits in six years than all prior years combined! (Note that the debt and deficits don’t even account for the estimated $205 trillion in unfunded liabilities now owed by the government, much of which has been accumulated during the Obama administration.) How will we ever pay any of this back?

4.) Poverty, Food Stamps and Welfare Programs at Record Highs

ALL of it here:
After Six Years of Obamanomics Five Things You Need to Know The Gateway Pundit

Once again, Stephanie whines about how she's "suffering" while living off the hard work of others.

Hypocrite.

Seems to me she used the term "WE ALL" suggesting the nation.
You no speaka da English Bozo?

 

[DarkFury]

And we've all been suffering for it. Just awful

SNIP:
After six years of Obamanomics, here are five things you need to know:

1.) Worst Recovery Ever



When Obama’s non recovery is compared to Reagan’s, there’s no contest!

As already noted by the GWP, the Obama economic recovery is dismal when compared to Reagan’s. Ronald Reagan’s economic plan saw GDP surge at a 3.5% clip – 4.9% after the recession. That’s a 32% bump. During the Obama years, thanks to his big government policies, the US economy has stalled. The US economy has grown an anemic 9.6% during the Obama years (excluding the 1st Quarter 2015’s dismal number). With the 1st Quarter of 2015 GDP declining at -0.7%, Obama has the lowest average 1st Quarter GDP growth of any president in history. In addition, using the number of jobs recovered after the recession as the measurement, then Obama’s recovery is the worst recovery ever.

2.) Worst Labor Participation Ever



The labor participation rate since Obama took over has plummeted to rates not seen since the Carter years (see chart above). The Obama regime has set the record for more Americans not working (more than 102 million) than at any time in US history. Obama touts the unemployment rate dipping since his first years in office but all of the decline in the unemployment rate since President Obama entered office has been due to workers leaving the work force, and therefore no longer counted as unemployed, rather than new jobs being created.

3.) Record Debt and Deficits



Currently the US the government has more than $18 trillion in Debt. Obama has nearly doubled the national debt in his 6 years with it somewhere near $9 to $10 trillion when he took office. Per www.whitehouse.gov, the accumulative total for all US Deficits for all presidents combined was $11.6 trillion through the end of 2014. A closer look at the deficits shows that the Obama Administration has accumulated more in deficits in six years than all prior years combined! (Note that the debt and deficits don’t even account for the estimated $205 trillion in unfunded liabilities now owed by the government, much of which has been accumulated during the Obama administration.) How will we ever pay any of this back?

4.) Poverty, Food Stamps and Welfare Programs at Record Highs

ALL of it here:
After Six Years of Obamanomics Five Things You Need to Know The Gateway Pundit

People who have an education and skills are doing very well, thankyou

LOL.

Yeah, we believe you have mad skillz

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

So much for any thing intelligent

When YOU join a thread we ALL say that!

 

[rightwinger]

Five things you need to know

1. Eight million jobs added
2. stock Market up 12,000 points
3. $26 trillion added to household wealth
4. Auto companies saved
5. Unemployment rate down 4.8%

 

[CrusaderFrank]

Summer of Recovery, part VII: Bush's fault.

 

[Rozman]

What exactly does Obama have to do with the market being up?

 

[SassyIrishLass]

Five things you need to know

1. Eight million jobs added
2. stock Market up 12,000 points
3. $26 trillion added to household wealth
4. Auto companies saved
5. Unemployment rate down 4.8%

 

[The VOR]

Five things you need to know

1. Eight million jobs added
2. stock Market up 12,000 points
3. $26 trillion added to household wealth
4. Auto companies saved
5. Unemployment rate down 4.8%

Oh my goodness. What a foul, disgusting **** you must be.

 

[rightwinger]

What exactly does Obama have to do with the market being up?

Are you claiming Obama is not responsible for the economy?

 

[rightwinger]

Five things you need to know

1. Eight million jobs added
2. stock Market up 12,000 points
3. $26 trillion added to household wealth
4. Auto companies saved
5. Unemployment rate down 4.8%

Oh my goodness. What a foul, disgusting **** you must be.

It's what passes for incisive political discourse for SassyLassie

It's the best she's got

 

[DarkFury]

What exactly does Obama have to do with the market being up?

Are you claiming Obama is not responsible for the economy?

The economy and the stock market are two DIFFERENT things.
It's growing because the money is staying at the top. And the economy is FAILING because the money is staying at the top.

 

[rightwinger]

What exactly does Obama have to do with the market being up?

Are you claiming Obama is not responsible for the economy?

The economy and the stock market are two DIFFERENT things.
It's growing because the money is staying at the top. And the economy is FAILING because the money is staying at the top.

Another fine tribute to Reaganomics and the failure of trickle down

Anyone else?



.

 

[DarkFury]

What exactly does Obama have to do with the market being up?

Are you claiming Obama is not responsible for the economy?

The economy and the stock market are two DIFFERENT things.
It's growing because the money is staying at the top. And the economy is FAILING because the money is staying at the top.

Another fine tribute to Reaganomics and the failure of trickle down

Anyone else?

You know IF and I say IF you were honest Reaganomics were TRICKLE UP because he seeded the money at the BOTTOM with tax cuts.

Obamanomics were TRICKLE DOWN because he seeded that money at the TOP and it stayed there.

 

[BluesLegend]

What exactly does Obama have to do with the market being up?

Are you claiming Obama is not responsible for the economy?

Are you claiming he is? List the 5 top Obama policies that aided the economy...I won't hold my breath waiting you libs never produce this. By the way did he approved the Keystone Pipeline yet, the unions were looking forward to those higher paying middle class jobs.

 

[rightwinger]

What exactly does Obama have to do with the market being up?

Are you claiming Obama is not responsible for the economy?

The economy and the stock market are two DIFFERENT things.
It's growing because the money is staying at the top. And the economy is FAILING because the money is staying at the top.

Another fine tribute to Reaganomics and the failure of trickle down

Anyone else?

You know IF and I say IF you were honest Reaganomics were TRICKLE UP because he seeded the money at the BOTTOM with tax cuts.

Obamanomics were TRICKLE DOWN because he seeded that money at the TOP and it stayed there.

What a complete waste of a post

Reagan set in motion an economic system that destroyed the wage structure of the middle class

 

[rightwinger]

What exactly does Obama have to do with the market being up?

Are you claiming Obama is not responsible for the economy?

Are you claiming he is? List the 5 top Obama policies that aided the economy...I won't hold my breath waiting you libs never produce this. By the way did he approved the Keystone Pipeline yet, the unions were looking forward to those higher paying middle class jobs.

OK
Economic Stimulus: infused money into and economy that no other investor would touch
TARP: Saved the banks
Auto bailout: Saved the auto companies
Quantitative easement: provided a steady flow of cash into the economy
Financial reform: set policies to prevent another economic crash like the Great Republican crash of 2008


Keystone pipeline would have provided 35 jobs, the Obama economy provided eight million

 

[BlueGin]

And we've all been suffering for it. Just awful

SNIP:
After six years of Obamanomics, here are five things you need to know:

1.) Worst Recovery Ever



When Obama’s non recovery is compared to Reagan’s, there’s no contest!

As already noted by the GWP, the Obama economic recovery is dismal when compared to Reagan’s. Ronald Reagan’s economic plan saw GDP surge at a 3.5% clip – 4.9% after the recession. That’s a 32% bump. During the Obama years, thanks to his big government policies, the US economy has stalled. The US economy has grown an anemic 9.6% during the Obama years (excluding the 1st Quarter 2015’s dismal number). With the 1st Quarter of 2015 GDP declining at -0.7%, Obama has the lowest average 1st Quarter GDP growth of any president in history. In addition, using the number of jobs recovered after the recession as the measurement, then Obama’s recovery is the worst recovery ever.

2.) Worst Labor Participation Ever



The labor participation rate since Obama took over has plummeted to rates not seen since the Carter years (see chart above). The Obama regime has set the record for more Americans not working (more than 102 million) than at any time in US history. Obama touts the unemployment rate dipping since his first years in office but all of the decline in the unemployment rate since President Obama entered office has been due to workers leaving the work force, and therefore no longer counted as unemployed, rather than new jobs being created.

3.) Record Debt and Deficits



Currently the US the government has more than $18 trillion in Debt. Obama has nearly doubled the national debt in his 6 years with it somewhere near $9 to $10 trillion when he took office. Per www.whitehouse.gov, the accumulative total for all US Deficits for all presidents combined was $11.6 trillion through the end of 2014. A closer look at the deficits shows that the Obama Administration has accumulated more in deficits in six years than all prior years combined! (Note that the debt and deficits don’t even account for the estimated $205 trillion in unfunded liabilities now owed by the government, much of which has been accumulated during the Obama administration.) How will we ever pay any of this back?

4.) Poverty, Food Stamps and Welfare Programs at Record Highs

ALL of it here:
After Six Years of Obamanomics Five Things You Need to Know The Gateway Pundit

People who have an education and skills are doing very well, thankyou

Like all the unemployed grads?
Like all the unemployed NASA workers?
Like all the unemployed Carpenters?
Plumbers?
Cement masons?
Heavy equipment operators?
Design Engineers?
Steel workers?
Roofers?
Pharmacy workers?
Military?
Pilots?
Teachers?
Mechanics?
Welders?
Ship yards?
Air craft builders?
Farmers?

Let's check who IS making money shall we?
Bill Clinton
Hillary Clinton
Al Gore
Al Sharpton
Stars of Hollywood.
Stars of TV.
Sports stars
Drug Smugglers
Human smugglers
Islamic State
North Korea
Iran

Do you see the problem idiot?

I was just reading an article today that college grads ages 18-34 make up over half of the 10.9 million unemployed. They are graduating... but arent being hired.

 

[BluesLegend]

What exactly does Obama have to do with the market being up?

Are you claiming Obama is not responsible for the economy?

Are you claiming he is? List the 5 top Obama policies that aided the economy...I won't hold my breath waiting you libs never produce this. By the way did he approved the Keystone Pipeline yet, the unions were looking forward to those higher paying middle class jobs.

OK

Economic Stimulus: infused money into and economy that no other investor would touch
TARP: Saved the banks
Auto bailout: Saved the auto companies
Quantitative easement: provided a steady flow of cash into the economy
Financial reform: set policies to prevent another economic crash like the Great Republican crash of 2008


Keystone pipeline would have provided 35 jobs, the Obama economy provided eight million

Well now lets see...

Stimulus - He borrowed the Stimulus money, we will pay interest on that $800+ billion forever and most of it was sucked up by the public employee unions and used to avoid layoffs, meanwhile the private sector got screwed.

TARP - Meh and they showed their appreciation by screwing over home owners, brilliant.

Auto Bailout - The lawless thug stole GM from its lawful owners the bond holders. When are we getting our $50 billion dollars back? We are still paying interest on this one as well.

QE - Brilliant plan, devalue everyone's savings by printing money, nice backdoor tax.

Keystone Pipeline - You lie, not that I'm surprised.

 

[The Rabbi]

What exactly does Obama have to do with the market being up?

Are you claiming Obama is not responsible for the economy?

The economy and the stock market are two DIFFERENT things.
It's growing because the money is staying at the top. And the economy is FAILING because the money is staying at the top.

Another fine tribute to Reaganomics and the failure of trickle down

Anyone else?

You know IF and I say IF you were honest Reaganomics were TRICKLE UP because he seeded the money at the BOTTOM with tax cuts.

Obamanomics were TRICKLE DOWN because he seeded that money at the TOP and it stayed there.

What a complete waste of a post

Reagan set in motion an economic system that destroyed the wage structure of the middle class

LOL! You mean "I got canned under Reagan and havent been able to find a job since."
Obama's policies are dogshit. They have excaberbated income inequality and impoverished a generation of Americans. We will be digging out of his mistakes for 20 years.

 

[rightwinger]

What exactly does Obama have to do with the market being up?

Are you claiming Obama is not responsible for the economy?

Are you claiming he is? List the 5 top Obama policies that aided the economy...I won't hold my breath waiting you libs never produce this. By the way did he approved the Keystone Pipeline yet, the unions were looking forward to those higher paying middle class jobs.

OK

Economic Stimulus: infused money into and economy that no other investor would touch
TARP: Saved the banks
Auto bailout: Saved the auto companies
Quantitative easement: provided a steady flow of cash into the economy
Financial reform: set policies to prevent another economic crash like the Great Republican crash of 2008


Keystone pipeline would have provided 35 jobs, the Obama economy provided eight million

Well now lets see...

Stimulus - He borrowed the Stimulus money, we will pay interest on that $800+ billion forever and most of it was sucked up by the public employee unions and used to avoid layoffs, meanwhile the private sector got screwed.

TARP - Meh and they showed their appreciation by screwing over home owners, brilliant.

Auto Bailout - The lawless thug stole GM from its lawful owners the bond holders. When are we getting our $50 billion dollars back? We are still paying interest on this one as well.

QE - Brilliant plan, devalue everyone's savings by printing money, nice backdoor tax.

Keystone Pipeline - You lie, not that I'm surprised.

Borrowing money during an economic crisis?
Who could have imagined such a thing?

FDR borrowed money to get us out of the depression, Reagonomics was built on a mountain of debt

But Obama? Republicans thought austerity was the way out of a crisis. cut government hiring, NOW was the only time they worried about debt.....when the nation was struggling to recover

 

[NYcarbineer]

What exactly does Obama have to do with the market being up?

What does he have to do with anything the OP accuses him of causing all by himself?