America....The Present and The Future

[PoliticalChic]

The price of gasoline was $1.81 the day Obama took office genius. Looks like your propaganda "tank" is full even if your mind isn't.

I'm paying $1.92 right now and it is the summer season. As recently as last April, I paid $1.42 a gallon
That is some mighty cheap Obamagas

I too paid around $1.42 a gallon not too long ago and that was awesome. However, my last tank of gas was $2.54. I find it hard to believe that you are paying $1.92 right now.

Obamagas is cheap in NJ...they pump it for you too

Well it's not in the rest of the country. And more than that, Obama is the only president in U.S. history to not deliver at least one year of 3% or more GDP growth. There are more people on food stamps under Obama than any time in U.S. history and more people out of the labor force under Obama than any time in U.S. history. We also have the highest debt in U.S. history under Obama.

If this were the results of a George W. Bush presidency you would be flipping out 24x7. But because Obama is black and has a "D" behind his name, you'll lie all day long proclaiming what a "success" he has been.

Obama is the only President who had an economic metric of 3% growth in any year made up for him

I’d have to be Queequeg to interpret that post!

 

[PoliticalChic]

The most anemic growth in US history. And after your messiah promised to fix it in three years, no less.

Does that not make him a failure? Or maybe just a liar. I'm fine with either.

Compared to negative growth by the president before him?

You hate W, yet you compare you idol to him. Not a very standard to justify your idol's failures.

It shows the economic hand our president was dealt....worst in 75 years

Yeah and after over seven years we are still waiting for recovery....good job right?

Stock market more than doubled, Added nine million jobs, unemployment rate down to 4.7%

That recovery?

".....unemployment rate down to 4.7%"

Even you can't be this stupid.

"The Big Lie: 5.6% Unemployment
The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.

Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.

While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news -- currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren't throwing parties to toast "falling" unemployment.

Right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population,..." The Big Lie: 5.6% Unemployment

 

[PoliticalChic]

You can't possibly be this much of a simpleton.......can you???

How hard is it to understand that the GDP has increased every year since 2009. No matter how much cut-n-paste stuff you try and cherry pick, them's the facts.

Yes, at 1.7% on average. She says so in the OP.

After more than seven years, that translates to failure.

Not compared to the global economy during that period. The US has done very well

The most anemic growth in US history. And after your messiah promised to fix it in three years, no less.

Does that not make him a failure? Or maybe just a liar. I'm fine with either.

So you too agree that the economy is not in decline. Kewl.

Both the economy and the average IQ of Democrat voters are in marked decline.

You, case in point.

 

[PoliticalChic]

I too paid around $1.42 a gallon not too long ago and that was awesome. However, my last tank of gas was $2.54. I find it hard to believe that you are paying $1.92 right now.

Obamagas is cheap in NJ...they pump it for you too

Well it's not in the rest of the country. And more than that, Obama is the only president in U.S. history to not deliver at least one year of 3% or more GDP growth. There are more people on food stamps under Obama than any time in U.S. history and more people out of the labor force under Obama than any time in U.S. history. We also have the highest debt in U.S. history under Obama.

If this were the results of a George W. Bush presidency you would be flipping out 24x7. But because Obama is black and has a "D" behind his name, you'll lie all day long proclaiming what a "success" he has been.

Obama is the only President who had an economic metric of 3% growth in any year made up for him

That's because every other president (even the failure Jimmy Carter) managed to accomplish that. If Obama wouldn't have been such a failure, that metric wouldn't apply to him either. But it does. Why does dealing with reality bother you so much? Because it's antithetical to your ideology?

Why don't you create an economic metric on doubling the stock market, creating 9 million jobs and dropping the unemployment rate from 10.1% down to 4.7%?

How about this set of metrics?

The Obama Economic Hit-Parade!


1.More than 6.7 million more Americans have been plunged into poverty since Obama became President.

2.Real household income is down 5%

3. Consumer prices are up 10.2%


4. When Obama took office on Jan. 20, 2009, the debt was $10,626,877,048,913.08. Since then, it has increased $7,514,567,086,650.22--which is $65,443 per household, $70,985 per full-time worker and $84,266 per full-time private-sector worker. Under Obama: Federal Debt Up $84,266 Per Full-Time Private-Sector Worker

5. (CNSNews.com) - The federal government drove $789,473,350,613.20 deeper into debt in calendar year 2014, an increase that equaled $6,875 per household, $7,458 per full-time year-round worker, and $8,853 per full-time year-round private-sector worker. According to the Treasury, the debt started calendar year 2014 at $17,351,970,784,950.10 and ended it at $18,141,444,135,563.30. Under Obama: Federal Debt Up $84,266 Per Full-Time Private-Sector Worker

6. Food stamp recipients up 49%


7. Debt held by the public is up 89%


However, the Obama administration recently projected an annual deficit of $750 billion in the fiscal year that began Oct. 1, and $626 billion the year after. At that rate, the debt owed to the public will more than double during the Obama presidency.

As of 2012, according to the most recent figures reported by the Census Bureau, median (midpoint) income for all U.S. households was $51,017, which was 4.9 percent lower (in inflation-adjusted dollars) than it was in 2008, the year before Obama took office.

The same story applies to family income, which includes many families with two earners. (The “household” figure includes single persons living alone, as well as families.) Median family income in 2012 was $62,241, or 5.1 percent below the inflation-adjusted 2008 level.

The number of persons living in poverty also worsened again in 2012, according to the most recent Census figures.


8. As of last year, 46,496,000 persons lived in households with income below the official poverty line, an increase of nearly 6.7 million since 2008 and 249,000 since 2011. The total poverty rate remained unchanged in 2012 at 15 percent of the total U.S. population. So for the second straight year, the poverty rate was 1.8 points higher than it was in 2008.

Obama’s Numbers, October Update


9... in today’s recovery — the slowest in the modern era going back to 1947 — private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery. Big Business Swings Behind a Mantra of Growth - The New York Sun


10. Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama

Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama


11. . ".... the... [dollar] has today a value of barely a 1,250th of an ounce of gold, a staggering plunge from an 853rd of an ounce on the day Mr. Obama took office...." Fiat Wages - The New York Sun



12. "CBO says deficits slated to shrink in coming years, but will soar again if spending or tax changes are not made


Federal deficits have soared between 2009 and 2012, bring the total long-term debt to a level equal to 73 percent of the nation’s GDP. “Between 2009 and 2012, the federal government recorded the largest budget deficits relative to the size of the economy since 1946, causing federal debt to soar.”

CBO says deficits slated to shrink in coming years, but will soar again if spending or tax changes are not made


13. "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.

Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession

14. "(CNSNews.com) - The real median income of American women dropped a little more than four percent in the first three full years after the end of the last recession,..... Census Bureau income data, the median income of American women was $21,520 in constant 2012 dollars. That was down $914 dollars—or about 4.1 percent—from 2009." Median Income of Women Dropped 4%--In First 3 Years of Recovery


15. "US economy slowed to 0.1 percent growth rate in Q1

WASHINGTON (AP) — The U.S. economy slowed drastically in the first three months of the year... to a barely discernible 0.1 percent annual rate in the January-March quarter, the Commerce Department said Wednesday. That was the weakest pace since the end of 2012 and was down from a 2.6 percent rate in the previous quarter.... the anemic growth last quarter is surely a topic for discussion at the Federal Reserve's latest policy meeting,..."

MyWay


16. "More Than 92 Million Americans Remain Out Of Labor Force
The unemployment rate dropped to 6.3 percent in April from 6.7 percent in March, the lowest it has been since September 2008 when it was 6.1 percent. The sharp drop, though, occurred because the number of people working or seeking work fell. The Bureau of Labor Statistics does not count people not looking for a job as unemployed.

The bureau noted that the civilian labor force dropped by 806,000 last month, following an increase of 503,000 in March."

Report: More Than 92 Million Americans Remain Out Of Labor Force

The amount (not seasonally adjusted) of Americans not in the labor force in April rose to 92,594,000, almost 1 million more than the previous month.


17. "The U.S. economy contracted at a much steeper pace than previously estimated in the first quarter, but there are indications that growth has sincerebounded strongly.

The Commerce Department said on Wednesday gross domestic product fell at a 2.9 percent annual rate, the economy's worst performance in five years, instead of the 1.0 percent pace it had reported last month." Shrink wrapped: US economy contracted sharply in Q1

18. (CNSNews.com) - The number of Americans 16 and older who did not participate in the labor force climbed to a record high of 92,120,000 in June, according to data from the Bureau of Labor Statistics (BLS)..... the labor force participation rate for Americans was 62.8 percent, matching a 36-year low. Record Number of Americans Not in Labor Force in June

19. (CNSNews.com) – The unemployment rate for black Americans is more than double that of white Americans, according to the latest data from the Bureau of Labor Statistics (BLS).... In the numbers released today, covering the month of June, the seasonally adjusted unemployment rate for black Americans age 16 and over was 10.7%, reported the BLS. The unemployment rate for white Americans in the same age group and time-frame was 5.3%, said the BLS. Black Unemployment 10.7%, More Than Double White Unemployment 5.3%

20. (CNSNews.com) - 11.4 million Americans age 16 and over have left the workforce since President Obama took office in January 2009, according to data released today from the Bureau of Labor Statistics (BLS).
In July 2014, there were 92,001,000 Americans, 16 and over, who were classified as “not in the labor force,” meaning they not only did not have a job, but they didn’t actively seek one in the last four weeks

11,472,000 Americans Have Left Workforce Since Obama Took Office

21. "The 35.4 Percent: 109,631,000 on Welfare
109,631,000 Americans lived in households that received benefits from one or more federally funded "means-tested programs" — also known as welfare — as of the fourth quarter of 2012, according to data released Tuesday by the Census Bureau. When those receiving benefits from non-means-tested federal programs — such as Social Security, Medicare, unemployment and veterans benefits — were added to those taking welfare benefits, it turned out that 153,323,000 people were getting federal benefits of some type at the end of 2012.

Subtract the 3,297,000 who were receiving veterans' benefits from the total, and that leaves 150,026,000 people receiving non-veterans' benefits."

The 35.4 Percent: 109,631,000 on Welfare

22. "(CNSNews.com) -- In June 2014, there were 46,496,145 recipients of the food stamp program, which is enough to fill the Yankee Stadium 925 times, according to data fromthe Department of Agriculture " 46,496,145: Food Stamp Recipients Can Fill Yankee Stadium 925 Times

23. In a stunning Tuesday report, Gallup CEO and Chairman Jim Clifton revealed that “for the first time in 35 years, American business deaths now outnumber business births.”Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake” that only stands to worsen as lagging U.S. Census data becomes available.
“Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses,” writes Clifton." Economic Death Spiral: More American Businesses Dying Than Starting - Breitbart

24. "Disability insurance entitlement explodes under Obama
Those of you paying attention have noticed that the Obama administration is actually doing what it promised: transforming America into a gigantic welfare state." Disability insurance entitlement explodes under Obama

25. Washington, D.C. - An unabated influx of illegal aliens along the southern border of the United States is causing a health crisis in the border region. Actions by the Obama Administration to disperse illegals across America while providing an incentive for more illegals to come could lead to a nationwide health crisis that is likely to manifest itself first within our public schools.....It has spread as far north as southern Mexico and south into Panama. Diseases such as this could be carried across our border by illegal immigrants and could create a nationwide health crisis. Chicken pox, measles, mumps and tuberculosis are already causing problems." — Project 21 member Michael Dozier, Ph.D., an expert in homeland security issues and talk radio host who has worked with humanitarian aid missions in Africa, Asia, the Balkans and the United States

Public Schools Face Health Threat from Illegal Aliens



26. "Despite the improving economy, most Americans continue to say that they are falling behind the cost of living. Overall, 55% said in the Jan. 7-11 survey that their family’s income is falling behind the cost of living,.... Views on this question have shown no improvement over the course of the last year..." Public opinion on the economy and Obama’s handling of it


27. " But with February’s slow down the 12-month wage growth rate ticked down to 2%....[Under Reagan: ' In 1984 alone real economic growth boomed by 6.8%, the highest in 50 years. Reaganomics Vs. Obamanomics: Facts And Figures ] Total employment gains in December and January were therefore 18,000 lower than what BLS previously reported. The labor force participation rate ticked lower to 62.8% from 62.9%, ..." Jobs Report: U.S. Economy Added 295,000 Jobs In February, Unemployment Down To 5.5%

a. "But wage gains continued to lag, rising only 0.1 percent in February for private-sector workers after a reported 0.5 increase in January.... .“We hear we’re on the road to recovery, but people aren’t convinced of that.” http://www.nytimes.com/2015/03/07/business/economy/jobs-report-unemployment-february.html?_r=0

b. " White youths saw their rate decrease 1.4 percent to 15 percent, but young African-Americans saw theirs reach 30 percent, a 0.3 percent increase.... For the population as a whole, participation rates are still hovering around their 1978 lows at 62.8 percent,..." Unemployment Down To 5.5 Percent In February

c. "92,898,000 Americans were not in the labor force in February, according todata released from the Bureau of Labor Statistics (BLS) on Friday. ...The 157,002,000 who participated in the labor force was 62.8 percent of the 249,899,000 civilian noninsttutional population, which matches the 62.8 percent rate in April, May, June, and October of 2014 as well as the participation rate in March of 1978. The participation rate hit its lowest level since February 1978 (62.7 percent) in September and December of 2014. http://cnsnews.com/news/article/ali...pation-has-hovered-near-37-year-low-11-months

(CNSNews.com) - A record 56,023,000 women, age 16 years and over, were not in the labor force in February.,,, According to the BLS, 56.7 percent of women were participating in the labor force in February, a drop from 56.8 percent in January. http://cnsnews.com/news/article/ali-meyer/56023000-record-number-women-not-labor-force

28. "Surprise: U.S. Economic Data Have Been the World's Most Disappointing
It's not only the just-released University of Michigan consumer confidence report and February retail sales on Thursday that surprised economists and investors with another dose of underwhelming news. Overall, U.S. economic data have been falling short of prognosticators' expectations by the most in six years." http://www.bloomberg.com/news/artic...economic-data-most-disappointing-in-the-world

29. "More Businesses Shutting Down than Starting Up
'Business deaths now exceed business births for the first time' in decades.
The American economy is less entrepreneurial now than at any point in the last three decades. That's the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978.

Not only that, but during the most recent three years of the study -- 2009, 2010 and 2011 -- businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011." http://www.weeklystandard.com/blogs/more-businesses-shutting-down-starting_791127.html

30. Americans Not in Labor Force Exceed 93 Million for First Time; 62.7% Labor Force Participation Matches 37-Year Low
http://cnsnews.com/news/article/ali...-exceed-93-million-first-time-627-labor-force

31. Except for rich, Americans' incomes fell last year
In fresh data that adds fire to a growing debate over income inequality, the department said that Americans on average saw income decline for the second straight year in the 12 months to June 2014.

The average pre-tax income fell 0.9 percent from the same period a year earlier, to $64,432. http://news.yahoo.com/except-rich-americans-incomes-fell-last-220335392.html

32. "The Big Lie: 5.6% Unemployment
The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.

Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.

While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news -- currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren't throwing parties to toast "falling" unemployment.

Right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population,..." http://www.gallup.com/opinion/chairman/181469/big-lie-unemployment.aspx

a. ".... the number of Americans not in the labor force rose once again, this time to 93,194K from 93,175K, with the result being a participation rate of 69.45 or just above the lowest percentage since 1977, will merely catalyze even more upside to the so called "market" which continues to reflect nothing but central bank liquidity, and thus - the accelerating deterioration of the broader economy." http://www.zerohedge.com/news/2015-05-08/americans-not-labor-force-rise-record-93194000

33. "Even if you leave out the first quarter of 2009—when the recession that started in December 2007 was still ongoing--President Barack Obama has presided over the lowest average first-quarter GDP growth of any president who has served since 1947, which is the earliest year for which the Bureau of Economic Analysis has calculated quarterly GDP growth. " http://www.cnsnews.com/blog/terence...-obama-has-lowest-average-1stq-gdp-growth-any

34. After 6 1/2 years of Obama, 47% of Americans could not handle a $400 expense:

"The survey results reveal a lack of economic preparedness among many adults. Only 53 percent of respondents indicate that they could cover a hypothetical emergency expense costing $400 without selling something or borrowing money. Thirty-one percent of respondents report going without some form of medical care in the past year because they could not afford it." http://www.federalreserve.gov/newsevents/press/other/20150527a.htm


35. "The share of North America in the global high-income population decreased from 54% in 2001 to 46% in 2011,.... several countries in Western Europe had higher shares of high-income populations than the U.S. in 2011... the U.S. had the unfortunate distinction of slipping backwards as the share of its high-income population decreased from 58% in 2001 to 56% in 2011....The proportion of Americans who are upper-middle income barely moved from 31% in 2001 to 32% in 2011, and the share that is high income actually fell, as noted, from 58% to 56%....The median annual household income in the U.S. fell from $53,646 in 2001 to $50,054 in 2011 (U.S. Census Bureau)..... Unlike in the U.S., Canadian residents progressed from upper-middle income to the high-income standard of living...." http://www.pewglobal.org/2015/07/08...e-class-status-remains-out-of-reach-for-many/

36. The Obama Administration is aggressively exploiting regulation to achieve its policy agenda, issuing 157 new major rules at a cost to Americans approaching $73 billion annually....twice the annual average of his predecessor George W. Bush. And much more regulation is on the way, with another 125 major rules on the Administration’s to-do list, including dozens linked to the Dodd–Frank financial regulation law and the Patient Protection and Affordable Care Act, known as Obamacare. http://www.heritage.org/research/reports/2014/03/red-tape-rising-five-years-of-regulatory-expansion

37. The number of people not in the labor force reached another record high in July, according to new jobs data released Friday by the Bureau of Labor Statistics.
The BLS reports that 93,770,000 people (16 and older) were neither employed last month nor had made specific efforts to find work in the prior four weeks.

http://www.breitbart.com/big-government/2015/08/07/record-93770000-americans-not-in-labor-force/

.... a 38-year low, the Labor Department reported on Friday.... -- The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2,180,000 in July (up from 2,121,000 in June). These individuals accounted for 26.9 percent of the unemployed. http://cnsnews.com/news/article/sus...not-labor-force-participation-rate-matches-38

According to the BLS, 56,209,000 women aged 16 and older were not participating in the workforce in July, besting April’s record of 56,167,000 http://www.breitbart.com/big-government/2015/08/07/record-56209000-women-not-in-labor-force/



38. Average unemployment rate under Bush: 5.31

Average unemployment rate under Obama: 8.46 http://historyinpieces.com/research/us-unemployment-rates-president (thru 2014)

39. "(CNSNews.com) - A record 94,031,000 Americans were not in the American labor force last month -- 261,000 more than July ---- The number of long-term unemployed (those jobless for 27 weeks or more) held at 2.2 million in August and accounted for 27.7 percent of the unemployed..." http://cnsnews.com/news/article/sus...-labor-force-participation-rate-stuck-38-year

40. "...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

41. "....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 American jobs have been added. Contrast that with the 2.1 million foreign-born Americans who have found a job over the same time period..." http://www.zerohedge.com/news/2015-...ob-august-why-suddenly-most-important-jobs-ch

42. October 2015: "Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower" http://www.zerohedge.com/news/2015-...september-zero-wage-growth-august-revised-muc

43. "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 appropriated in 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.
http://dailycaller.com/2015/11/04/obamacare-co-op-mess-causes-1-3-billion-in-losses/#ixzz3qilfNWEW

44. "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


45. "...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."

http://www.forbes.com/sites/gracema...ce-again-because-of-obamacare-co-op-failures/


46. "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." http://www.marketwatch.com/story/third-quarter-gdp-growth-trimmed-to-2-2015-12-22

47. "Congress has now cleared the way for federal debt to pass $20 trillion by 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." https://www.thetrumpet.com/article/13317.24.180.0/economy/societywatch?preview

48. 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. https://www.frbatlanta.org/cqer/research/gdpnow.aspx?panel=1

49. "Retail Sales in U.S. Decrease to End Weakest Year Since 2009 Sales 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." http://www.bloomberg.com/news/artic...n-u-s-decrease-to-end-weakest-year-since-2009


50. " The federal government heavily subsidizes higher education through a complex system of grants and loans. While the programs are great for colleges — they have enabled an astronomical increase in tuition — they contain few measures holding the institutions accountable to their students. As a result, only 59 percent of students graduate from four-year colleges and universities within six years. Those lucky enough to graduate face another hurdle: 44 percent of 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." http://fee.org/anythingpeaceful/wha...rPUfGjI4ARcNkI+SLDwEYGJlv6SgFQ7HBMbhr1rgPWhk=

51. "U.S. Economy Grew Anemic 0.7% in Fourth Quarter
Gross domestic product, a broad measure of economic output,expanded at a 0.7% seasonally adjusted annualized rate in the fourth quarter, the Commerce Department said Friday. The economy had advanced 2% in the third quarter and 3.9% in the second quarter."
U.S. Economy Grew Anemic 0.7% in Fourth Quarter

52. 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." http://www.investors.com/politics/editorials/with-gdp-downgrade-obama-growth-gap-expands/

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." http://www.powerlineblog.com/archives/2016/01/obama-always-wrong-never-in-doubt.php

b. ".... first president since Hoover to never have a single year above 3% GDP growth." http://money.cnn.com/2015/10/09/investing/hedge-fund-billionaire-defends-obama-chanos/


53. 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. http://dailysignal.com/2016/01/31/a...rPUfGjI4ASMpgMa+TFAwTG5toziV8R7jHKM1t0sEQWBHm

54. "Despite the unemployment rate being at an eight-year low (4.9 percent as of January 2016), the number of people on food stamps remains near an all-time high which was 47,636,000 in 2013.

Why the disparity in the numbers? Well, the unemployment rate does not take into account people who are not in, or have dropped out of, the workforce altogether.

The Bureau of Labor Statistics reported in January of this year that approximately 94 million Americans are not participating in the workforce.

We now have a country based on government dependence." http://www.mrctv.org/blog/despite-low-unemployment-rate-food-stamp-users-remains-near-all-time-high

55. "CHICAGO (Reuters) - Predominantly African-American neighborhoods in Chicago have seen poverty rise and services diminish even as the nation's third largest city has become less racially segregated,.... black areas are seeing economic stagnation or decline,.... mostly black areas have lost health clinics, social service agencies and other areas of support..." https://ca.news.yahoo.com/exclusive...-neighborhoods-study-130930393--business.html


56. "Employers added more workers in February than projected but wages unexpectedly declined, dashing hopes that reduced slack in the labor market was starting to benefit all Americans..... Average hourly earnings dropped by 0.1 percent from the prior month, the first decline since December 2014 the Labor Department’s figures showed. Worker pay increased 2.2 percent over the 12 months ended in February, less than the 2.5 percent forecast in the Bloomberg survey. Wage growth has been hovering just above 2 percent year-over-year on average since the current expansion began in mid-2009." http://www.bloomberg.com/news/artic...s-surge-while-wages-drop-in-mixed-jobs-report

57. New Obama regulation will deprive middle class investors of access to financial information. "...the controversial pending Department of Labor regulation that would impose new restrictions on a vast swath of financial professionals... a newreport for the Competitive Enterprise Institute, similar restrictions in Great Britain have caused a “guidance gap” in which brokers have largely stopped serving customers with assets less than £150,000 ($240,000).... Such limits on financial discussion may seem to violate the First Amendment..." http://www.forbes.com/sites/johnber...l-broadcasters-like-dave-ramsey/#2962753ee696

58. "U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016. The 0.1 percent decline in purchases followed a revised 0.4 percent January decrease, Commerce Department figures showed Tuesday.... “We’re seeing higher rents, higher healthcare expenses,.... Retail sales excluding autos fell 0.1 percent after a 0.4 percent decrease in January, according to Tuesday’s report." http://www.bloomberg.com/news/artic...s-fell-in-february-after-january-revised-down

59. . "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.” The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." http://limittaxes.org/2016/02/realizing-the-super-bowl-of-american-economic-growth/

60. "8 More Obamacare Co-ops Will Probably Shut Down

12 of the 23 taxpayer funded non-profit co-ops created under the Affordable Care Act were shuttered, and the largest of them is under investigation.

Records obtained by Richard Pollack of the Daily Caller indicate another 8 co-ops might be on their way out this year:
'...there’s not a turnaround in sight. The same problems that plagued them before are continuing,”
8 More Obamacare Co-ops Will Probably Shut Down

61. the United States had lost its once-enormous global lead in middle-class pay, based on international income surveys over the last three decades. After-tax median income in Canada appears to have been higher last year than the same measure in this country. The poor in Canada and much of western Europe earn more than the poor here. http://www.nytimes.com/2014/04/29/u...dgety-boys-and-a-sputtering-economy.html?_r=0

62. " Middle aged people laid off and unable to find work are taking another way out. They're killing themselves. Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved upstate New York. People in need of work are twice as likely to take their own lives as employed people, and people fired in their forties and fifties find it hardest to get hired again.

That makes boosting economic growth a life- and- death issue. But you wouldn't know it listening to Barack Obama and Hillary Clinton. President Obama whitewashes reality, claiming the "American economy is pretty darn good right now."

http://www.nysun.com/editorials/soaring-suicides-emerge/89558/

63. "U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
The U.S. economy expanded in the first quarter at the slowest pace in two years ....Gross domestic product rose at a 0.5 percent annualized rate after a 1.4 percent fourth-quarter advance, Commerce Department data showed Thursday. The increase was less than the 0.7 percent median projection in a Bloomberg survey and marked the third straight disappointing start to a year." http://www.bloomberg.com/news/artic...in-first-quarter-at-slowest-pace-in-two-years

64. "Nearly one in six young men (between the ages of 18-34) in the U.S. were either jobless or incarcerated in 2014, according to a new government report. It details a striking amount of male alienation that has been on the rise since the 1980s.
According to the Congressional Budget Office (CBO), out of the 38 million young men in the U.S. in 2014, 16 percent were jobless (5 million or 13 percent) or incarcerated (1 million or 3 percent). The share of young men without a job or in prison has increased substantially since 1980, when just 11 percent of young men fit into either category." http://www.breitbart.com/big-govern...early-1-6-young-men-u-s-jobless-incarcerated/

65. "Stocks fall as inflation hits 3-year high
...consumers prices at the consumer level for items ranging from toilet tissue to gasoline rose 0.4% last month, slightly above the 0.3% estimate but its strongest monthly gain in more than three years." http://www.usatoday.com/story/money/markets/2016/05/17/stocks-dow-tuesday/84481164/

66. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." https://ca.news.yahoo.com/u-job-gains-may-likely-dented-verizon-strike-043534655--business.html

67. "Then came the jobs numbers. Employers added 38,000 jobs in May, the weakest performance since September 2010. Revisions to previous payroll data showed employers added a combined 59,000 fewer jobs in April and March than previously reported. That brought average monthly job growth in the past three months to 116,000, a sharp slowdown from the average growth of 219,000 over the prior 12 months.

One economist dubbed it “an unqualified dud.”

by Erik Holm"
Recap: Janet Yellen on Economy, Monetary Policy









Excellent link showing the economy http://www.deptofnumbers.com/income/us/


Just one more attempt by this tin-pot dictator, the titular head of the LGBT movement, to impose policies that will injure the American people.

Look around....and remember those who put this man in office.

 

[rightwinger]

1. In a constellation of lies from an administration based on lies, this one may be the most egregious....

"OBAMA: Anyone claiming that America's economy is in decline is peddling fiction.” Obama: Anyone Claiming America's Economy Is In Decline Is Peddling Fiction

We have the strongest economy on earth

Catching you in a lie has gotten to the point of simply being boring.


" GDP Growth under Mr. Obama has averaged a stagnant 1.7% a year.Meanwhile, Ireland is growing at nearly 8%, India at 7%, Sweden at 4%. The Obama economy is a loser compared with other countries."


Ohhhh.....so sorry.
The word "loser" must be .....painful.....to you, huh?

The US has the strongest economy on earth

One year growth is not an indicator of the overall strength of the economy

 

[rightwinger]

Obamagas is cheap in NJ...they pump it for you too

Well it's not in the rest of the country. And more than that, Obama is the only president in U.S. history to not deliver at least one year of 3% or more GDP growth. There are more people on food stamps under Obama than any time in U.S. history and more people out of the labor force under Obama than any time in U.S. history. We also have the highest debt in U.S. history under Obama.

If this were the results of a George W. Bush presidency you would be flipping out 24x7. But because Obama is black and has a "D" behind his name, you'll lie all day long proclaiming what a "success" he has been.

Obama is the only President who had an economic metric of 3% growth in any year made up for him

That's because every other president (even the failure Jimmy Carter) managed to accomplish that. If Obama wouldn't have been such a failure, that metric wouldn't apply to him either. But it does. Why does dealing with reality bother you so much? Because it's antithetical to your ideology?

Why don't you create an economic metric on doubling the stock market, creating 9 million jobs and dropping the unemployment rate from 10.1% down to 4.7%?

How about this set of metrics?

The Obama Economic Hit-Parade!


1.More than 6.7 million more Americans have been plunged into poverty since Obama became President.

2.Real household income is down 5%

3. Consumer prices are up 10.2%


4. When Obama took office on Jan. 20, 2009, the debt was $10,626,877,048,913.08. Since then, it has increased $7,514,567,086,650.22--which is $65,443 per household, $70,985 per full-time worker and $84,266 per full-time private-sector worker. Under Obama: Federal Debt Up $84,266 Per Full-Time Private-Sector Worker

5. (CNSNews.com) - The federal government drove $789,473,350,613.20 deeper into debt in calendar year 2014, an increase that equaled $6,875 per household, $7,458 per full-time year-round worker, and $8,853 per full-time year-round private-sector worker. According to the Treasury, the debt started calendar year 2014 at $17,351,970,784,950.10 and ended it at $18,141,444,135,563.30. Under Obama: Federal Debt Up $84,266 Per Full-Time Private-Sector Worker

6. Food stamp recipients up 49%


7. Debt held by the public is up 89%


However, the Obama administration recently projected an annual deficit of $750 billion in the fiscal year that began Oct. 1, and $626 billion the year after. At that rate, the debt owed to the public will more than double during the Obama presidency.

As of 2012, according to the most recent figures reported by the Census Bureau, median (midpoint) income for all U.S. households was $51,017, which was 4.9 percent lower (in inflation-adjusted dollars) than it was in 2008, the year before Obama took office.

The same story applies to family income, which includes many families with two earners. (The “household” figure includes single persons living alone, as well as families.) Median family income in 2012 was $62,241, or 5.1 percent below the inflation-adjusted 2008 level.

The number of persons living in poverty also worsened again in 2012, according to the most recent Census figures.


8. As of last year, 46,496,000 persons lived in households with income below the official poverty line, an increase of nearly 6.7 million since 2008 and 249,000 since 2011. The total poverty rate remained unchanged in 2012 at 15 percent of the total U.S. population. So for the second straight year, the poverty rate was 1.8 points higher than it was in 2008.

Obama’s Numbers, October Update


9... in today’s recovery — the slowest in the modern era going back to 1947 — private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery. Big Business Swings Behind a Mantra of Growth - The New York Sun


10. Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama

Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama


11. . ".... the... [dollar] has today a value of barely a 1,250th of an ounce of gold, a staggering plunge from an 853rd of an ounce on the day Mr. Obama took office...." Fiat Wages - The New York Sun



12. "CBO says deficits slated to shrink in coming years, but will soar again if spending or tax changes are not made


Federal deficits have soared between 2009 and 2012, bring the total long-term debt to a level equal to 73 percent of the nation’s GDP. “Between 2009 and 2012, the federal government recorded the largest budget deficits relative to the size of the economy since 1946, causing federal debt to soar.”

CBO says deficits slated to shrink in coming years, but will soar again if spending or tax changes are not made


13. "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.

Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession

14. "(CNSNews.com) - The real median income of American women dropped a little more than four percent in the first three full years after the end of the last recession,..... Census Bureau income data, the median income of American women was $21,520 in constant 2012 dollars. That was down $914 dollars—or about 4.1 percent—from 2009." Median Income of Women Dropped 4%--In First 3 Years of Recovery


15. "US economy slowed to 0.1 percent growth rate in Q1

WASHINGTON (AP) — The U.S. economy slowed drastically in the first three months of the year... to a barely discernible 0.1 percent annual rate in the January-March quarter, the Commerce Department said Wednesday. That was the weakest pace since the end of 2012 and was down from a 2.6 percent rate in the previous quarter.... the anemic growth last quarter is surely a topic for discussion at the Federal Reserve's latest policy meeting,..."

MyWay


16. "More Than 92 Million Americans Remain Out Of Labor Force
The unemployment rate dropped to 6.3 percent in April from 6.7 percent in March, the lowest it has been since September 2008 when it was 6.1 percent. The sharp drop, though, occurred because the number of people working or seeking work fell. The Bureau of Labor Statistics does not count people not looking for a job as unemployed.

The bureau noted that the civilian labor force dropped by 806,000 last month, following an increase of 503,000 in March."

Report: More Than 92 Million Americans Remain Out Of Labor Force

The amount (not seasonally adjusted) of Americans not in the labor force in April rose to 92,594,000, almost 1 million more than the previous month.


17. "The U.S. economy contracted at a much steeper pace than previously estimated in the first quarter, but there are indications that growth has sincerebounded strongly.

The Commerce Department said on Wednesday gross domestic product fell at a 2.9 percent annual rate, the economy's worst performance in five years, instead of the 1.0 percent pace it had reported last month." Shrink wrapped: US economy contracted sharply in Q1

18. (CNSNews.com) - The number of Americans 16 and older who did not participate in the labor force climbed to a record high of 92,120,000 in June, according to data from the Bureau of Labor Statistics (BLS)..... the labor force participation rate for Americans was 62.8 percent, matching a 36-year low. Record Number of Americans Not in Labor Force in June

19. (CNSNews.com) – The unemployment rate for black Americans is more than double that of white Americans, according to the latest data from the Bureau of Labor Statistics (BLS).... In the numbers released today, covering the month of June, the seasonally adjusted unemployment rate for black Americans age 16 and over was 10.7%, reported the BLS. The unemployment rate for white Americans in the same age group and time-frame was 5.3%, said the BLS. Black Unemployment 10.7%, More Than Double White Unemployment 5.3%

20. (CNSNews.com) - 11.4 million Americans age 16 and over have left the workforce since President Obama took office in January 2009, according to data released today from the Bureau of Labor Statistics (BLS).
In July 2014, there were 92,001,000 Americans, 16 and over, who were classified as “not in the labor force,” meaning they not only did not have a job, but they didn’t actively seek one in the last four weeks

11,472,000 Americans Have Left Workforce Since Obama Took Office

21. "The 35.4 Percent: 109,631,000 on Welfare
109,631,000 Americans lived in households that received benefits from one or more federally funded "means-tested programs" — also known as welfare — as of the fourth quarter of 2012, according to data released Tuesday by the Census Bureau. When those receiving benefits from non-means-tested federal programs — such as Social Security, Medicare, unemployment and veterans benefits — were added to those taking welfare benefits, it turned out that 153,323,000 people were getting federal benefits of some type at the end of 2012.

Subtract the 3,297,000 who were receiving veterans' benefits from the total, and that leaves 150,026,000 people receiving non-veterans' benefits."

The 35.4 Percent: 109,631,000 on Welfare

22. "(CNSNews.com) -- In June 2014, there were 46,496,145 recipients of the food stamp program, which is enough to fill the Yankee Stadium 925 times, according to data fromthe Department of Agriculture " 46,496,145: Food Stamp Recipients Can Fill Yankee Stadium 925 Times

23. In a stunning Tuesday report, Gallup CEO and Chairman Jim Clifton revealed that “for the first time in 35 years, American business deaths now outnumber business births.”Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake” that only stands to worsen as lagging U.S. Census data becomes available.
“Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses,” writes Clifton." Economic Death Spiral: More American Businesses Dying Than Starting - Breitbart

24. "Disability insurance entitlement explodes under Obama
Those of you paying attention have noticed that the Obama administration is actually doing what it promised: transforming America into a gigantic welfare state." Disability insurance entitlement explodes under Obama

25. Washington, D.C. - An unabated influx of illegal aliens along the southern border of the United States is causing a health crisis in the border region. Actions by the Obama Administration to disperse illegals across America while providing an incentive for more illegals to come could lead to a nationwide health crisis that is likely to manifest itself first within our public schools.....It has spread as far north as southern Mexico and south into Panama. Diseases such as this could be carried across our border by illegal immigrants and could create a nationwide health crisis. Chicken pox, measles, mumps and tuberculosis are already causing problems." — Project 21 member Michael Dozier, Ph.D., an expert in homeland security issues and talk radio host who has worked with humanitarian aid missions in Africa, Asia, the Balkans and the United States

Public Schools Face Health Threat from Illegal Aliens



26. "Despite the improving economy, most Americans continue to say that they are falling behind the cost of living. Overall, 55% said in the Jan. 7-11 survey that their family’s income is falling behind the cost of living,.... Views on this question have shown no improvement over the course of the last year..." Public opinion on the economy and Obama’s handling of it


27. " But with February’s slow down the 12-month wage growth rate ticked down to 2%....[Under Reagan: ' In 1984 alone real economic growth boomed by 6.8%, the highest in 50 years. Reaganomics Vs. Obamanomics: Facts And Figures ] Total employment gains in December and January were therefore 18,000 lower than what BLS previously reported. The labor force participation rate ticked lower to 62.8% from 62.9%, ..." Jobs Report: U.S. Economy Added 295,000 Jobs In February, Unemployment Down To 5.5%

a. "But wage gains continued to lag, rising only 0.1 percent in February for private-sector workers after a reported 0.5 increase in January.... .“We hear we’re on the road to recovery, but people aren’t convinced of that.” http://www.nytimes.com/2015/03/07/business/economy/jobs-report-unemployment-february.html?_r=0

b. " White youths saw their rate decrease 1.4 percent to 15 percent, but young African-Americans saw theirs reach 30 percent, a 0.3 percent increase.... For the population as a whole, participation rates are still hovering around their 1978 lows at 62.8 percent,..." Unemployment Down To 5.5 Percent In February

c. "92,898,000 Americans were not in the labor force in February, according todata released from the Bureau of Labor Statistics (BLS) on Friday. ...The 157,002,000 who participated in the labor force was 62.8 percent of the 249,899,000 civilian noninsttutional population, which matches the 62.8 percent rate in April, May, June, and October of 2014 as well as the participation rate in March of 1978. The participation rate hit its lowest level since February 1978 (62.7 percent) in September and December of 2014. 62.8%: Labor Force Participation Has Hovered Near 37-Year-Low for 11 Months

(CNSNews.com) - A record 56,023,000 women, age 16 years and over, were not in the labor force in February.,,, According to the BLS, 56.7 percent of women were participating in the labor force in February, a drop from 56.8 percent in January. 56,023,000: Record Number of Women Not in Labor Force

28. "Surprise: U.S. Economic Data Have Been the World's Most Disappointing
It's not only the just-released University of Michigan consumer confidence report and February retail sales on Thursday that surprised economists and investors with another dose of underwhelming news. Overall, U.S. economic data have been falling short of prognosticators' expectations by the most in six years." Surprise: U.S. Economic Data Have Been the World's Most Disappointing

29. "More Businesses Shutting Down than Starting Up
'Business deaths now exceed business births for the first time' in decades.
The American economy is less entrepreneurial now than at any point in the last three decades. That's the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978.

Not only that, but during the most recent three years of the study -- 2009, 2010 and 2011 -- businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011." More Businesses Shutting Down than Starting Up

30. Americans Not in Labor Force Exceed 93 Million for First Time; 62.7% Labor Force Participation Matches 37-Year Low
Americans Not in Labor Force Exceed 93 Million for First Time; 62.7% Labor Force Participation Matches 37-Year Low

31. Except for rich, Americans' incomes fell last year
In fresh data that adds fire to a growing debate over income inequality, the department said that Americans on average saw income decline for the second straight year in the 12 months to June 2014.

The average pre-tax income fell 0.9 percent from the same period a year earlier, to $64,432. Except for rich, Americans' incomes fell last year

32. "The Big Lie: 5.6% Unemployment
The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.

Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.

While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news -- currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren't throwing parties to toast "falling" unemployment.

Right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population,..." The Big Lie: 5.6% Unemployment

a. ".... the number of Americans not in the labor force rose once again, this time to 93,194K from 93,175K, with the result being a participation rate of 69.45 or just above the lowest percentage since 1977, will merely catalyze even more upside to the so called "market" which continues to reflect nothing but central bank liquidity, and thus - the accelerating deterioration of the broader economy." Americans Not In The Labor Force Rise To Record 93,194,000 | Zero Hedge

33. "Even if you leave out the first quarter of 2009—when the recession that started in December 2007 was still ongoing--President Barack Obama has presided over the lowest average first-quarter GDP growth of any president who has served since 1947, which is the earliest year for which the Bureau of Economic Analysis has calculated quarterly GDP growth. " Blame It on Global Cooling? Obama Has Lowest Average 1stQ GDP Growth of Any President on Record

34. After 6 1/2 years of Obama, 47% of Americans could not handle a $400 expense:

"The survey results reveal a lack of economic preparedness among many adults. Only 53 percent of respondents indicate that they could cover a hypothetical emergency expense costing $400 without selling something or borrowing money. Thirty-one percent of respondents report going without some form of medical care in the past year because they could not afford it." FRB: Press Release--Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households--May 27, 2015


35. "The share of North America in the global high-income population decreased from 54% in 2001 to 46% in 2011,.... several countries in Western Europe had higher shares of high-income populations than the U.S. in 2011... the U.S. had the unfortunate distinction of slipping backwards as the share of its high-income population decreased from 58% in 2001 to 56% in 2011....The proportion of Americans who are upper-middle income barely moved from 31% in 2001 to 32% in 2011, and the share that is high income actually fell, as noted, from 58% to 56%....The median annual household income in the U.S. fell from $53,646 in 2001 to $50,054 in 2011 (U.S. Census Bureau)..... Unlike in the U.S., Canadian residents progressed from upper-middle income to the high-income standard of living...." Despite Poverty’s Plunge, Middle-Class Status Remains Out of Reach for Many

36. The Obama Administration is aggressively exploiting regulation to achieve its policy agenda, issuing 157 new major rules at a cost to Americans approaching $73 billion annually....twice the annual average of his predecessor George W. Bush. And much more regulation is on the way, with another 125 major rules on the Administration’s to-do list, including dozens linked to the Dodd–Frank financial regulation law and the Patient Protection and Affordable Care Act, known as Obamacare. Red Tape Rising: Five Years of Regulatory Expansion

37. The number of people not in the labor force reached another record high in July, according to new jobs data released Friday by the Bureau of Labor Statistics.
The BLS reports that 93,770,000 people (16 and older) were neither employed last month nor had made specific efforts to find work in the prior four weeks.

Record 93,770,000 Americans Not in Labor Force - Breitbart

.... a 38-year low, the Labor Department reported on Friday.... -- The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2,180,000 in July (up from 2,121,000 in June). These individuals accounted for 26.9 percent of the unemployed. Record 93,770,000 Americans Not in Labor Force; Participation Rate Matches 38-Year Low

According to the BLS, 56,209,000 women aged 16 and older were not participating in the workforce in July, besting April’s record of 56,167,000 Record 56,209,000 Women Not in Labor Force - Breitbart



38. Average unemployment rate under Bush: 5.31

Average unemployment rate under Obama: 8.46 United States Unemployment Rates by President, 1948-2016 (thru 2014)

39. "(CNSNews.com) - A record 94,031,000 Americans were not in the American labor force last month -- 261,000 more than July ---- The number of long-term unemployed (those jobless for 27 weeks or more) held at 2.2 million in August and accounted for 27.7 percent of the unemployed..." Record 94,031,000 Americans Not in Labor Force; Participation Rate Stuck at 38-Year Low for 3rd Straight Month

40. "...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

41. "....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 American jobs have been added. Contrast that with the 2.1 million foreign-born Americans who 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

42. 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

43. "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 appropriated in 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

44. "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


45. "...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


46. "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

47. "Congress has now cleared the way for federal debt to pass $20 trillion by 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

48. 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

49. "Retail Sales in U.S. Decrease to End Weakest Year Since 2009 Sales 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


50. " The federal government heavily subsidizes higher education through a complex system of grants and loans. While the programs are great for colleges — they have enabled an astronomical increase in tuition — they contain few measures holding the institutions accountable to their students. As a result, only 59 percent of students graduate from four-year colleges and universities within six years. Those lucky enough to graduate face another hurdle: 44 percent of 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." http://fee.org/anythingpeaceful/what-free-college-cant-fix/?mkt_tok=3RkMMJWWfF9wsRokuq/JZKXonjHpfsX57OkvWaW+lMI/0ER3fOvrPUfGjI4ARcNkI+SLDwEYGJlv6SgFQ7HBMbhr1rgPWhk=

51. "U.S. Economy Grew Anemic 0.7% in Fourth Quarter
Gross domestic product, a broad measure of economic output,expanded at a 0.7% seasonally adjusted annualized rate in the fourth quarter, the Commerce Department said Friday. The economy had advanced 2% in the third quarter and 3.9% in the second quarter."
U.S. Economy Grew Anemic 0.7% in Fourth Quarter

52. 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


53. 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. http://dailysignal.com/2016/01/31/americas-economic-freedom-has-rapidly-declined-under-obama/?utm_source=heritagefoundation&utm_medium=email&utm_campaign=morningbell&mkt_tok=3RkMMJWWfF9wsRovvKXPZKXonjHpfsX57eQrUKW0lMI/0ER3fOvrPUfGjI4ASMpgMa+TFAwTG5toziV8R7jHKM1t0sEQWBHm

54. "Despite the unemployment rate being at an eight-year low (4.9 percent as of January 2016), the number of people on food stamps remains near an all-time high which was 47,636,000 in 2013.

Why the disparity in the numbers? Well, the unemployment rate does not take into account people who are not in, or have dropped out of, the workforce altogether.

The Bureau of Labor Statistics reported in January of this year that approximately 94 million Americans are not participating in the workforce.

We now have a country based on government dependence." Food Stamp Users Near Record High Despite Low Unemployment Rate

55. "CHICAGO (Reuters) - Predominantly African-American neighborhoods in Chicago have seen poverty rise and services diminish even as the nation's third largest city has become less racially segregated,.... black areas are seeing economic stagnation or decline,.... mostly black areas have lost health clinics, social service agencies and other areas of support..." Exclusive: Poverty up, services diminished in Chicago's black neighborhoods - study


56. "Employers added more workers in February than projected but wages unexpectedly declined, dashing hopes that reduced slack in the labor market was starting to benefit all Americans..... Average hourly earnings dropped by 0.1 percent from the prior month, the first decline since December 2014 the Labor Department’s figures showed. Worker pay increased 2.2 percent over the 12 months ended in February, less than the 2.5 percent forecast in the Bloomberg survey. Wage growth has been hovering just above 2 percent year-over-year on average since the current expansion began in mid-2009." Payrolls in U.S. Surge While Wages Drop in Mixed Jobs Report

57. New Obama regulation will deprive middle class investors of access to financial information. "...the controversial pending Department of Labor regulation that would impose new restrictions on a vast swath of financial professionals... a newreport for the Competitive Enterprise Institute, similar restrictions in Great Britain have caused a “guidance gap” in which brokers have largely stopped serving customers with assets less than £150,000 ($240,000).... Such limits on financial discussion may seem to violate the First Amendment..." How Fiduciary Rule May Censor Financial Broadcasters Like Dave Ramsey

58. "U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016. The 0.1 percent decline in purchases followed a revised 0.4 percent January decrease, Commerce Department figures showed Tuesday.... “We’re seeing higher rents, higher healthcare expenses,.... Retail sales excluding autos fell 0.1 percent after a 0.4 percent decrease in January, according to Tuesday’s report." Retail Sales in U.S. Decline After January Revised Down

59. . "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.” The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." http://limittaxes.org/2016/02/realizing-the-super-bowl-of-american-economic-growth/

60. "8 More Obamacare Co-ops Will Probably Shut Down

12 of the 23 taxpayer funded non-profit co-ops created under the Affordable Care Act were shuttered, and the largest of them is under investigation.

Records obtained by Richard Pollack of the Daily Caller indicate another 8 co-ops might be on their way out this year:
'...there’s not a turnaround in sight. The same problems that plagued them before are continuing,”
8 More Obamacare Co-ops Will Probably Shut Down

61. the United States had lost its once-enormous global lead in middle-class pay, based on international income surveys over the last three decades. After-tax median income in Canada appears to have been higher last year than the same measure in this country. The poor in Canada and much of western Europe earn more than the poor here. http://www.nytimes.com/2014/04/29/u...dgety-boys-and-a-sputtering-economy.html?_r=0

62. " Middle aged people laid off and unable to find work are taking another way out. They're killing themselves. Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved upstate New York. People in need of work are twice as likely to take their own lives as employed people, and people fired in their forties and fifties find it hardest to get hired again.

That makes boosting economic growth a life- and- death issue. But you wouldn't know it listening to Barack Obama and Hillary Clinton. President Obama whitewashes reality, claiming the "American economy is pretty darn good right now."

http://www.nysun.com/editorials/soaring-suicides-emerge/89558/

63. "U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
The U.S. economy expanded in the first quarter at the slowest pace in two years ....Gross domestic product rose at a 0.5 percent annualized rate after a 1.4 percent fourth-quarter advance, Commerce Department data showed Thursday. The increase was less than the 0.7 percent median projection in a Bloomberg survey and marked the third straight disappointing start to a year." http://www.bloomberg.com/news/artic...in-first-quarter-at-slowest-pace-in-two-years

64. "Nearly one in six young men (between the ages of 18-34) in the U.S. were either jobless or incarcerated in 2014, according to a new government report. It details a striking amount of male alienation that has been on the rise since the 1980s.
According to the Congressional Budget Office (CBO), out of the 38 million young men in the U.S. in 2014, 16 percent were jobless (5 million or 13 percent) or incarcerated (1 million or 3 percent). The share of young men without a job or in prison has increased substantially since 1980, when just 11 percent of young men fit into either category." http://www.breitbart.com/big-govern...early-1-6-young-men-u-s-jobless-incarcerated/

65. "Stocks fall as inflation hits 3-year high
...consumers prices at the consumer level for items ranging from toilet tissue to gasoline rose 0.4% last month, slightly above the 0.3% estimate but its strongest monthly gain in more than three years." http://www.usatoday.com/story/money/markets/2016/05/17/stocks-dow-tuesday/84481164/

66. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." https://ca.news.yahoo.com/u-job-gains-may-likely-dented-verizon-strike-043534655--business.html

67. "Then came the jobs numbers. Employers added 38,000 jobs in May, the weakest performance since September 2010. Revisions to previous payroll data showed employers added a combined 59,000 fewer jobs in April and March than previously reported. That brought average monthly job growth in the past three months to 116,000, a sharp slowdown from the average growth of 219,000 over the prior 12 months.

One economist dubbed it “an unqualified dud.”

by Erik Holm"
Recap: Janet Yellen on Economy, Monetary Policy









Excellent link showing the economy http://www.deptofnumbers.com/income/us/


Just one more attempt by this tin-pot dictator, the titular head of the LGBT movement, to impose policies that will injure the American people.

Look around....and remember those who put this man in office.

WAAAAAY....tl;dr

 

[PoliticalChic]

1. In a constellation of lies from an administration based on lies, this one may be the most egregious....

"OBAMA: Anyone claiming that America's economy is in decline is peddling fiction.” Obama: Anyone Claiming America's Economy Is In Decline Is Peddling Fiction

We have the strongest economy on earth

Catching you in a lie has gotten to the point of simply being boring.


" GDP Growth under Mr. Obama has averaged a stagnant 1.7% a year.Meanwhile, Ireland is growing at nearly 8%, India at 7%, Sweden at 4%. The Obama economy is a loser compared with other countries."


Ohhhh.....so sorry.
The word "loser" must be .....painful.....to you, huh?

The US has the strongest economy on earth

One year growth is not an indicator of the overall strength of the economy

How about Obama's seven years of failure.


The lean, ugly cows ate up the seven fat cows that came up first.
Genesis, 41:20

 

[PoliticalChic]

Well it's not in the rest of the country. And more than that, Obama is the only president in U.S. history to not deliver at least one year of 3% or more GDP growth. There are more people on food stamps under Obama than any time in U.S. history and more people out of the labor force under Obama than any time in U.S. history. We also have the highest debt in U.S. history under Obama.

If this were the results of a George W. Bush presidency you would be flipping out 24x7. But because Obama is black and has a "D" behind his name, you'll lie all day long proclaiming what a "success" he has been.

Obama is the only President who had an economic metric of 3% growth in any year made up for him

That's because every other president (even the failure Jimmy Carter) managed to accomplish that. If Obama wouldn't have been such a failure, that metric wouldn't apply to him either. But it does. Why does dealing with reality bother you so much? Because it's antithetical to your ideology?

Why don't you create an economic metric on doubling the stock market, creating 9 million jobs and dropping the unemployment rate from 10.1% down to 4.7%?

How about this set of metrics?

The Obama Economic Hit-Parade!


1.More than 6.7 million more Americans have been plunged into poverty since Obama became President.

2.Real household income is down 5%

3. Consumer prices are up 10.2%


4. When Obama took office on Jan. 20, 2009, the debt was $10,626,877,048,913.08. Since then, it has increased $7,514,567,086,650.22--which is $65,443 per household, $70,985 per full-time worker and $84,266 per full-time private-sector worker. Under Obama: Federal Debt Up $84,266 Per Full-Time Private-Sector Worker

5. (CNSNews.com) - The federal government drove $789,473,350,613.20 deeper into debt in calendar year 2014, an increase that equaled $6,875 per household, $7,458 per full-time year-round worker, and $8,853 per full-time year-round private-sector worker. According to the Treasury, the debt started calendar year 2014 at $17,351,970,784,950.10 and ended it at $18,141,444,135,563.30. Under Obama: Federal Debt Up $84,266 Per Full-Time Private-Sector Worker

6. Food stamp recipients up 49%


7. Debt held by the public is up 89%


However, the Obama administration recently projected an annual deficit of $750 billion in the fiscal year that began Oct. 1, and $626 billion the year after. At that rate, the debt owed to the public will more than double during the Obama presidency.

As of 2012, according to the most recent figures reported by the Census Bureau, median (midpoint) income for all U.S. households was $51,017, which was 4.9 percent lower (in inflation-adjusted dollars) than it was in 2008, the year before Obama took office.

The same story applies to family income, which includes many families with two earners. (The “household” figure includes single persons living alone, as well as families.) Median family income in 2012 was $62,241, or 5.1 percent below the inflation-adjusted 2008 level.

The number of persons living in poverty also worsened again in 2012, according to the most recent Census figures.


8. As of last year, 46,496,000 persons lived in households with income below the official poverty line, an increase of nearly 6.7 million since 2008 and 249,000 since 2011. The total poverty rate remained unchanged in 2012 at 15 percent of the total U.S. population. So for the second straight year, the poverty rate was 1.8 points higher than it was in 2008.

Obama’s Numbers, October Update


9... in today’s recovery — the slowest in the modern era going back to 1947 — private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery. Big Business Swings Behind a Mantra of Growth - The New York Sun


10. Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama

Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama


11. . ".... the... [dollar] has today a value of barely a 1,250th of an ounce of gold, a staggering plunge from an 853rd of an ounce on the day Mr. Obama took office...." Fiat Wages - The New York Sun



12. "CBO says deficits slated to shrink in coming years, but will soar again if spending or tax changes are not made


Federal deficits have soared between 2009 and 2012, bring the total long-term debt to a level equal to 73 percent of the nation’s GDP. “Between 2009 and 2012, the federal government recorded the largest budget deficits relative to the size of the economy since 1946, causing federal debt to soar.”

CBO says deficits slated to shrink in coming years, but will soar again if spending or tax changes are not made


13. "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.

Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession

14. "(CNSNews.com) - The real median income of American women dropped a little more than four percent in the first three full years after the end of the last recession,..... Census Bureau income data, the median income of American women was $21,520 in constant 2012 dollars. That was down $914 dollars—or about 4.1 percent—from 2009." Median Income of Women Dropped 4%--In First 3 Years of Recovery


15. "US economy slowed to 0.1 percent growth rate in Q1

WASHINGTON (AP) — The U.S. economy slowed drastically in the first three months of the year... to a barely discernible 0.1 percent annual rate in the January-March quarter, the Commerce Department said Wednesday. That was the weakest pace since the end of 2012 and was down from a 2.6 percent rate in the previous quarter.... the anemic growth last quarter is surely a topic for discussion at the Federal Reserve's latest policy meeting,..."

MyWay


16. "More Than 92 Million Americans Remain Out Of Labor Force
The unemployment rate dropped to 6.3 percent in April from 6.7 percent in March, the lowest it has been since September 2008 when it was 6.1 percent. The sharp drop, though, occurred because the number of people working or seeking work fell. The Bureau of Labor Statistics does not count people not looking for a job as unemployed.

The bureau noted that the civilian labor force dropped by 806,000 last month, following an increase of 503,000 in March."

Report: More Than 92 Million Americans Remain Out Of Labor Force

The amount (not seasonally adjusted) of Americans not in the labor force in April rose to 92,594,000, almost 1 million more than the previous month.


17. "The U.S. economy contracted at a much steeper pace than previously estimated in the first quarter, but there are indications that growth has sincerebounded strongly.

The Commerce Department said on Wednesday gross domestic product fell at a 2.9 percent annual rate, the economy's worst performance in five years, instead of the 1.0 percent pace it had reported last month." Shrink wrapped: US economy contracted sharply in Q1

18. (CNSNews.com) - The number of Americans 16 and older who did not participate in the labor force climbed to a record high of 92,120,000 in June, according to data from the Bureau of Labor Statistics (BLS)..... the labor force participation rate for Americans was 62.8 percent, matching a 36-year low. Record Number of Americans Not in Labor Force in June

19. (CNSNews.com) – The unemployment rate for black Americans is more than double that of white Americans, according to the latest data from the Bureau of Labor Statistics (BLS).... In the numbers released today, covering the month of June, the seasonally adjusted unemployment rate for black Americans age 16 and over was 10.7%, reported the BLS. The unemployment rate for white Americans in the same age group and time-frame was 5.3%, said the BLS. Black Unemployment 10.7%, More Than Double White Unemployment 5.3%

20. (CNSNews.com) - 11.4 million Americans age 16 and over have left the workforce since President Obama took office in January 2009, according to data released today from the Bureau of Labor Statistics (BLS).
In July 2014, there were 92,001,000 Americans, 16 and over, who were classified as “not in the labor force,” meaning they not only did not have a job, but they didn’t actively seek one in the last four weeks

11,472,000 Americans Have Left Workforce Since Obama Took Office

21. "The 35.4 Percent: 109,631,000 on Welfare
109,631,000 Americans lived in households that received benefits from one or more federally funded "means-tested programs" — also known as welfare — as of the fourth quarter of 2012, according to data released Tuesday by the Census Bureau. When those receiving benefits from non-means-tested federal programs — such as Social Security, Medicare, unemployment and veterans benefits — were added to those taking welfare benefits, it turned out that 153,323,000 people were getting federal benefits of some type at the end of 2012.

Subtract the 3,297,000 who were receiving veterans' benefits from the total, and that leaves 150,026,000 people receiving non-veterans' benefits."

The 35.4 Percent: 109,631,000 on Welfare

22. "(CNSNews.com) -- In June 2014, there were 46,496,145 recipients of the food stamp program, which is enough to fill the Yankee Stadium 925 times, according to data fromthe Department of Agriculture " 46,496,145: Food Stamp Recipients Can Fill Yankee Stadium 925 Times

23. In a stunning Tuesday report, Gallup CEO and Chairman Jim Clifton revealed that “for the first time in 35 years, American business deaths now outnumber business births.”Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake” that only stands to worsen as lagging U.S. Census data becomes available.
“Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses,” writes Clifton." Economic Death Spiral: More American Businesses Dying Than Starting - Breitbart

24. "Disability insurance entitlement explodes under Obama
Those of you paying attention have noticed that the Obama administration is actually doing what it promised: transforming America into a gigantic welfare state." Disability insurance entitlement explodes under Obama

25. Washington, D.C. - An unabated influx of illegal aliens along the southern border of the United States is causing a health crisis in the border region. Actions by the Obama Administration to disperse illegals across America while providing an incentive for more illegals to come could lead to a nationwide health crisis that is likely to manifest itself first within our public schools.....It has spread as far north as southern Mexico and south into Panama. Diseases such as this could be carried across our border by illegal immigrants and could create a nationwide health crisis. Chicken pox, measles, mumps and tuberculosis are already causing problems." — Project 21 member Michael Dozier, Ph.D., an expert in homeland security issues and talk radio host who has worked with humanitarian aid missions in Africa, Asia, the Balkans and the United States

Public Schools Face Health Threat from Illegal Aliens



26. "Despite the improving economy, most Americans continue to say that they are falling behind the cost of living. Overall, 55% said in the Jan. 7-11 survey that their family’s income is falling behind the cost of living,.... Views on this question have shown no improvement over the course of the last year..." Public opinion on the economy and Obama’s handling of it


27. " But with February’s slow down the 12-month wage growth rate ticked down to 2%....[Under Reagan: ' In 1984 alone real economic growth boomed by 6.8%, the highest in 50 years. Reaganomics Vs. Obamanomics: Facts And Figures ] Total employment gains in December and January were therefore 18,000 lower than what BLS previously reported. The labor force participation rate ticked lower to 62.8% from 62.9%, ..." Jobs Report: U.S. Economy Added 295,000 Jobs In February, Unemployment Down To 5.5%

a. "But wage gains continued to lag, rising only 0.1 percent in February for private-sector workers after a reported 0.5 increase in January.... .“We hear we’re on the road to recovery, but people aren’t convinced of that.” http://www.nytimes.com/2015/03/07/business/economy/jobs-report-unemployment-february.html?_r=0

b. " White youths saw their rate decrease 1.4 percent to 15 percent, but young African-Americans saw theirs reach 30 percent, a 0.3 percent increase.... For the population as a whole, participation rates are still hovering around their 1978 lows at 62.8 percent,..." Unemployment Down To 5.5 Percent In February

c. "92,898,000 Americans were not in the labor force in February, according todata released from the Bureau of Labor Statistics (BLS) on Friday. ...The 157,002,000 who participated in the labor force was 62.8 percent of the 249,899,000 civilian noninsttutional population, which matches the 62.8 percent rate in April, May, June, and October of 2014 as well as the participation rate in March of 1978. The participation rate hit its lowest level since February 1978 (62.7 percent) in September and December of 2014. 62.8%: Labor Force Participation Has Hovered Near 37-Year-Low for 11 Months

(CNSNews.com) - A record 56,023,000 women, age 16 years and over, were not in the labor force in February.,,, According to the BLS, 56.7 percent of women were participating in the labor force in February, a drop from 56.8 percent in January. 56,023,000: Record Number of Women Not in Labor Force

28. "Surprise: U.S. Economic Data Have Been the World's Most Disappointing
It's not only the just-released University of Michigan consumer confidence report and February retail sales on Thursday that surprised economists and investors with another dose of underwhelming news. Overall, U.S. economic data have been falling short of prognosticators' expectations by the most in six years." Surprise: U.S. Economic Data Have Been the World's Most Disappointing

29. "More Businesses Shutting Down than Starting Up
'Business deaths now exceed business births for the first time' in decades.
The American economy is less entrepreneurial now than at any point in the last three decades. That's the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978.

Not only that, but during the most recent three years of the study -- 2009, 2010 and 2011 -- businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011." More Businesses Shutting Down than Starting Up

30. Americans Not in Labor Force Exceed 93 Million for First Time; 62.7% Labor Force Participation Matches 37-Year Low
Americans Not in Labor Force Exceed 93 Million for First Time; 62.7% Labor Force Participation Matches 37-Year Low

31. Except for rich, Americans' incomes fell last year
In fresh data that adds fire to a growing debate over income inequality, the department said that Americans on average saw income decline for the second straight year in the 12 months to June 2014.

The average pre-tax income fell 0.9 percent from the same period a year earlier, to $64,432. Except for rich, Americans' incomes fell last year

32. "The Big Lie: 5.6% Unemployment
The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.

Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.

While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news -- currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren't throwing parties to toast "falling" unemployment.

Right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population,..." The Big Lie: 5.6% Unemployment

a. ".... the number of Americans not in the labor force rose once again, this time to 93,194K from 93,175K, with the result being a participation rate of 69.45 or just above the lowest percentage since 1977, will merely catalyze even more upside to the so called "market" which continues to reflect nothing but central bank liquidity, and thus - the accelerating deterioration of the broader economy." Americans Not In The Labor Force Rise To Record 93,194,000 | Zero Hedge

33. "Even if you leave out the first quarter of 2009—when the recession that started in December 2007 was still ongoing--President Barack Obama has presided over the lowest average first-quarter GDP growth of any president who has served since 1947, which is the earliest year for which the Bureau of Economic Analysis has calculated quarterly GDP growth. " Blame It on Global Cooling? Obama Has Lowest Average 1stQ GDP Growth of Any President on Record

34. After 6 1/2 years of Obama, 47% of Americans could not handle a $400 expense:

"The survey results reveal a lack of economic preparedness among many adults. Only 53 percent of respondents indicate that they could cover a hypothetical emergency expense costing $400 without selling something or borrowing money. Thirty-one percent of respondents report going without some form of medical care in the past year because they could not afford it." FRB: Press Release--Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households--May 27, 2015


35. "The share of North America in the global high-income population decreased from 54% in 2001 to 46% in 2011,.... several countries in Western Europe had higher shares of high-income populations than the U.S. in 2011... the U.S. had the unfortunate distinction of slipping backwards as the share of its high-income population decreased from 58% in 2001 to 56% in 2011....The proportion of Americans who are upper-middle income barely moved from 31% in 2001 to 32% in 2011, and the share that is high income actually fell, as noted, from 58% to 56%....The median annual household income in the U.S. fell from $53,646 in 2001 to $50,054 in 2011 (U.S. Census Bureau)..... Unlike in the U.S., Canadian residents progressed from upper-middle income to the high-income standard of living...." Despite Poverty’s Plunge, Middle-Class Status Remains Out of Reach for Many

36. The Obama Administration is aggressively exploiting regulation to achieve its policy agenda, issuing 157 new major rules at a cost to Americans approaching $73 billion annually....twice the annual average of his predecessor George W. Bush. And much more regulation is on the way, with another 125 major rules on the Administration’s to-do list, including dozens linked to the Dodd–Frank financial regulation law and the Patient Protection and Affordable Care Act, known as Obamacare. Red Tape Rising: Five Years of Regulatory Expansion

37. The number of people not in the labor force reached another record high in July, according to new jobs data released Friday by the Bureau of Labor Statistics.
The BLS reports that 93,770,000 people (16 and older) were neither employed last month nor had made specific efforts to find work in the prior four weeks.

Record 93,770,000 Americans Not in Labor Force - Breitbart

.... a 38-year low, the Labor Department reported on Friday.... -- The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2,180,000 in July (up from 2,121,000 in June). These individuals accounted for 26.9 percent of the unemployed. Record 93,770,000 Americans Not in Labor Force; Participation Rate Matches 38-Year Low

According to the BLS, 56,209,000 women aged 16 and older were not participating in the workforce in July, besting April’s record of 56,167,000 Record 56,209,000 Women Not in Labor Force - Breitbart



38. Average unemployment rate under Bush: 5.31

Average unemployment rate under Obama: 8.46 United States Unemployment Rates by President, 1948-2016 (thru 2014)

39. "(CNSNews.com) - A record 94,031,000 Americans were not in the American labor force last month -- 261,000 more than July ---- The number of long-term unemployed (those jobless for 27 weeks or more) held at 2.2 million in August and accounted for 27.7 percent of the unemployed..." Record 94,031,000 Americans Not in Labor Force; Participation Rate Stuck at 38-Year Low for 3rd Straight Month

40. "...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

41. "....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 American jobs have been added. Contrast that with the 2.1 million foreign-born Americans who 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

42. 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

43. "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 appropriated in 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

44. "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


45. "...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


46. "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

47. "Congress has now cleared the way for federal debt to pass $20 trillion by 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

48. 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

49. "Retail Sales in U.S. Decrease to End Weakest Year Since 2009 Sales 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


50. " The federal government heavily subsidizes higher education through a complex system of grants and loans. While the programs are great for colleges — they have enabled an astronomical increase in tuition — they contain few measures holding the institutions accountable to their students. As a result, only 59 percent of students graduate from four-year colleges and universities within six years. Those lucky enough to graduate face another hurdle: 44 percent of 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." http://fee.org/anythingpeaceful/what-free-college-cant-fix/?mkt_tok=3RkMMJWWfF9wsRokuq/JZKXonjHpfsX57OkvWaW+lMI/0ER3fOvrPUfGjI4ARcNkI+SLDwEYGJlv6SgFQ7HBMbhr1rgPWhk=

51. "U.S. Economy Grew Anemic 0.7% in Fourth Quarter
Gross domestic product, a broad measure of economic output,expanded at a 0.7% seasonally adjusted annualized rate in the fourth quarter, the Commerce Department said Friday. The economy had advanced 2% in the third quarter and 3.9% in the second quarter."
U.S. Economy Grew Anemic 0.7% in Fourth Quarter

52. 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


53. 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. http://dailysignal.com/2016/01/31/americas-economic-freedom-has-rapidly-declined-under-obama/?utm_source=heritagefoundation&utm_medium=email&utm_campaign=morningbell&mkt_tok=3RkMMJWWfF9wsRovvKXPZKXonjHpfsX57eQrUKW0lMI/0ER3fOvrPUfGjI4ASMpgMa+TFAwTG5toziV8R7jHKM1t0sEQWBHm

54. "Despite the unemployment rate being at an eight-year low (4.9 percent as of January 2016), the number of people on food stamps remains near an all-time high which was 47,636,000 in 2013.

Why the disparity in the numbers? Well, the unemployment rate does not take into account people who are not in, or have dropped out of, the workforce altogether.

The Bureau of Labor Statistics reported in January of this year that approximately 94 million Americans are not participating in the workforce.

We now have a country based on government dependence." Food Stamp Users Near Record High Despite Low Unemployment Rate

55. "CHICAGO (Reuters) - Predominantly African-American neighborhoods in Chicago have seen poverty rise and services diminish even as the nation's third largest city has become less racially segregated,.... black areas are seeing economic stagnation or decline,.... mostly black areas have lost health clinics, social service agencies and other areas of support..." Exclusive: Poverty up, services diminished in Chicago's black neighborhoods - study


56. "Employers added more workers in February than projected but wages unexpectedly declined, dashing hopes that reduced slack in the labor market was starting to benefit all Americans..... Average hourly earnings dropped by 0.1 percent from the prior month, the first decline since December 2014 the Labor Department’s figures showed. Worker pay increased 2.2 percent over the 12 months ended in February, less than the 2.5 percent forecast in the Bloomberg survey. Wage growth has been hovering just above 2 percent year-over-year on average since the current expansion began in mid-2009." Payrolls in U.S. Surge While Wages Drop in Mixed Jobs Report

57. New Obama regulation will deprive middle class investors of access to financial information. "...the controversial pending Department of Labor regulation that would impose new restrictions on a vast swath of financial professionals... a newreport for the Competitive Enterprise Institute, similar restrictions in Great Britain have caused a “guidance gap” in which brokers have largely stopped serving customers with assets less than £150,000 ($240,000).... Such limits on financial discussion may seem to violate the First Amendment..." How Fiduciary Rule May Censor Financial Broadcasters Like Dave Ramsey

58. "U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016. The 0.1 percent decline in purchases followed a revised 0.4 percent January decrease, Commerce Department figures showed Tuesday.... “We’re seeing higher rents, higher healthcare expenses,.... Retail sales excluding autos fell 0.1 percent after a 0.4 percent decrease in January, according to Tuesday’s report." Retail Sales in U.S. Decline After January Revised Down

59. . "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.” The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." Realizing The Super Bowl Of American Economic Growth

60. "8 More Obamacare Co-ops Will Probably Shut Down

12 of the 23 taxpayer funded non-profit co-ops created under the Affordable Care Act were shuttered, and the largest of them is under investigation.

Records obtained by Richard Pollack of the Daily Caller indicate another 8 co-ops might be on their way out this year:
'...there’s not a turnaround in sight. The same problems that plagued them before are continuing,”
8 More Obamacare Co-ops Will Probably Shut Down

61. the United States had lost its once-enormous global lead in middle-class pay, based on international income surveys over the last three decades. After-tax median income in Canada appears to have been higher last year than the same measure in this country. The poor in Canada and much of western Europe earn more than the poor here. http://www.nytimes.com/2014/04/29/u...dgety-boys-and-a-sputtering-economy.html?_r=0

62. " Middle aged people laid off and unable to find work are taking another way out. They're killing themselves. Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved upstate New York. People in need of work are twice as likely to take their own lives as employed people, and people fired in their forties and fifties find it hardest to get hired again.

That makes boosting economic growth a life- and- death issue. But you wouldn't know it listening to Barack Obama and Hillary Clinton. President Obama whitewashes reality, claiming the "American economy is pretty darn good right now."

Soaring Suicides Emerge As a National Crisis Laid to Economic Stall - The New York Sun

63. "U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
The U.S. economy expanded in the first quarter at the slowest pace in two years ....Gross domestic product rose at a 0.5 percent annualized rate after a 1.4 percent fourth-quarter advance, Commerce Department data showed Thursday. The increase was less than the 0.7 percent median projection in a Bloomberg survey and marked the third straight disappointing start to a year." U.S. Economy Expands to 0.5% Pace, Weakest in Two Years

64. "Nearly one in six young men (between the ages of 18-34) in the U.S. were either jobless or incarcerated in 2014, according to a new government report. It details a striking amount of male alienation that has been on the rise since the 1980s.
According to the Congressional Budget Office (CBO), out of the 38 million young men in the U.S. in 2014, 16 percent were jobless (5 million or 13 percent) or incarcerated (1 million or 3 percent). The share of young men without a job or in prison has increased substantially since 1980, when just 11 percent of young men fit into either category." CBO: Nearly 1 in 6 Young Men in U.S. Jobless or Incarcerated - Breitbart

65. "Stocks fall as inflation hits 3-year high
...consumers prices at the consumer level for items ranging from toilet tissue to gasoline rose 0.4% last month, slightly above the 0.3% estimate but its strongest monthly gain in more than three years." http://www.usatoday.com/story/money/markets/2016/05/17/stocks-dow-tuesday/84481164/

66. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike

67. "Then came the jobs numbers. Employers added 38,000 jobs in May, the weakest performance since September 2010. Revisions to previous payroll data showed employers added a combined 59,000 fewer jobs in April and March than previously reported. That brought average monthly job growth in the past three months to 116,000, a sharp slowdown from the average growth of 219,000 over the prior 12 months.

One economist dubbed it “an unqualified dud.”

by Erik Holm"
Recap: Janet Yellen on Economy, Monetary Policy









Excellent link showing the economy http://www.deptofnumbers.com/income/us/


Just one more attempt by this tin-pot dictator, the titular head of the LGBT movement, to impose policies that will injure the American people.

Look around....and remember those who put this man in office.

WAAAAAY....tl;dr

You read it,
.....and all of us lived it.


Hence, a reputation you will never live down.

 

[rightwinger]

1. In a constellation of lies from an administration based on lies, this one may be the most egregious....

"OBAMA: Anyone claiming that America's economy is in decline is peddling fiction.” Obama: Anyone Claiming America's Economy Is In Decline Is Peddling Fiction

We have the strongest economy on earth

Catching you in a lie has gotten to the point of simply being boring.


" GDP Growth under Mr. Obama has averaged a stagnant 1.7% a year.Meanwhile, Ireland is growing at nearly 8%, India at 7%, Sweden at 4%. The Obama economy is a loser compared with other countries."


Ohhhh.....so sorry.
The word "loser" must be .....painful.....to you, huh?

The US has the strongest economy on earth

One year growth is not an indicator of the overall strength of the economy

How about Obama's seven years of failure.


The lean, ugly cows ate up the seven fat cows that came up first.
Genesis, 41:20

Oh......NOOooooooooooo!

PC considers Obama a failure

Must mean he did what we elected him to do

 

[initforme]

Both sides can present all the numbers they want skewed however they like them. In the end, companies will continue to ship jobs overseas because they basically don't have to pay those foreign workers. How ate we to compete with that? We can abolish corporate taxes and do everything all the experts say but the dirty little secret is that we cannot compete with overseas labor and I surely do not expect any american to work for even 4 times that pay much less anything close to that pittance. Until you solve that issue, forget about it.

 

[rightwinger]

Obama is the only President who had an economic metric of 3% growth in any year made up for him

That's because every other president (even the failure Jimmy Carter) managed to accomplish that. If Obama wouldn't have been such a failure, that metric wouldn't apply to him either. But it does. Why does dealing with reality bother you so much? Because it's antithetical to your ideology?

Why don't you create an economic metric on doubling the stock market, creating 9 million jobs and dropping the unemployment rate from 10.1% down to 4.7%?

How about this set of metrics?

The Obama Economic Hit-Parade!


1.More than 6.7 million more Americans have been plunged into poverty since Obama became President.

2.Real household income is down 5%

3. Consumer prices are up 10.2%


4. When Obama took office on Jan. 20, 2009, the debt was $10,626,877,048,913.08. Since then, it has increased $7,514,567,086,650.22--which is $65,443 per household, $70,985 per full-time worker and $84,266 per full-time private-sector worker. Under Obama: Federal Debt Up $84,266 Per Full-Time Private-Sector Worker

5. (CNSNews.com) - The federal government drove $789,473,350,613.20 deeper into debt in calendar year 2014, an increase that equaled $6,875 per household, $7,458 per full-time year-round worker, and $8,853 per full-time year-round private-sector worker. According to the Treasury, the debt started calendar year 2014 at $17,351,970,784,950.10 and ended it at $18,141,444,135,563.30. Under Obama: Federal Debt Up $84,266 Per Full-Time Private-Sector Worker

6. Food stamp recipients up 49%


7. Debt held by the public is up 89%


However, the Obama administration recently projected an annual deficit of $750 billion in the fiscal year that began Oct. 1, and $626 billion the year after. At that rate, the debt owed to the public will more than double during the Obama presidency.

As of 2012, according to the most recent figures reported by the Census Bureau, median (midpoint) income for all U.S. households was $51,017, which was 4.9 percent lower (in inflation-adjusted dollars) than it was in 2008, the year before Obama took office.

The same story applies to family income, which includes many families with two earners. (The “household” figure includes single persons living alone, as well as families.) Median family income in 2012 was $62,241, or 5.1 percent below the inflation-adjusted 2008 level.

The number of persons living in poverty also worsened again in 2012, according to the most recent Census figures.


8. As of last year, 46,496,000 persons lived in households with income below the official poverty line, an increase of nearly 6.7 million since 2008 and 249,000 since 2011. The total poverty rate remained unchanged in 2012 at 15 percent of the total U.S. population. So for the second straight year, the poverty rate was 1.8 points higher than it was in 2008.

Obama’s Numbers, October Update


9... in today’s recovery — the slowest in the modern era going back to 1947 — private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery. Big Business Swings Behind a Mantra of Growth - The New York Sun


10. Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama

Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama


11. . ".... the... [dollar] has today a value of barely a 1,250th of an ounce of gold, a staggering plunge from an 853rd of an ounce on the day Mr. Obama took office...." Fiat Wages - The New York Sun



12. "CBO says deficits slated to shrink in coming years, but will soar again if spending or tax changes are not made


Federal deficits have soared between 2009 and 2012, bring the total long-term debt to a level equal to 73 percent of the nation’s GDP. “Between 2009 and 2012, the federal government recorded the largest budget deficits relative to the size of the economy since 1946, causing federal debt to soar.”

CBO says deficits slated to shrink in coming years, but will soar again if spending or tax changes are not made


13. "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.

Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession

14. "(CNSNews.com) - The real median income of American women dropped a little more than four percent in the first three full years after the end of the last recession,..... Census Bureau income data, the median income of American women was $21,520 in constant 2012 dollars. That was down $914 dollars—or about 4.1 percent—from 2009." Median Income of Women Dropped 4%--In First 3 Years of Recovery


15. "US economy slowed to 0.1 percent growth rate in Q1

WASHINGTON (AP) — The U.S. economy slowed drastically in the first three months of the year... to a barely discernible 0.1 percent annual rate in the January-March quarter, the Commerce Department said Wednesday. That was the weakest pace since the end of 2012 and was down from a 2.6 percent rate in the previous quarter.... the anemic growth last quarter is surely a topic for discussion at the Federal Reserve's latest policy meeting,..."

MyWay


16. "More Than 92 Million Americans Remain Out Of Labor Force
The unemployment rate dropped to 6.3 percent in April from 6.7 percent in March, the lowest it has been since September 2008 when it was 6.1 percent. The sharp drop, though, occurred because the number of people working or seeking work fell. The Bureau of Labor Statistics does not count people not looking for a job as unemployed.

The bureau noted that the civilian labor force dropped by 806,000 last month, following an increase of 503,000 in March."

Report: More Than 92 Million Americans Remain Out Of Labor Force

The amount (not seasonally adjusted) of Americans not in the labor force in April rose to 92,594,000, almost 1 million more than the previous month.


17. "The U.S. economy contracted at a much steeper pace than previously estimated in the first quarter, but there are indications that growth has sincerebounded strongly.

The Commerce Department said on Wednesday gross domestic product fell at a 2.9 percent annual rate, the economy's worst performance in five years, instead of the 1.0 percent pace it had reported last month." Shrink wrapped: US economy contracted sharply in Q1

18. (CNSNews.com) - The number of Americans 16 and older who did not participate in the labor force climbed to a record high of 92,120,000 in June, according to data from the Bureau of Labor Statistics (BLS)..... the labor force participation rate for Americans was 62.8 percent, matching a 36-year low. Record Number of Americans Not in Labor Force in June

19. (CNSNews.com) – The unemployment rate for black Americans is more than double that of white Americans, according to the latest data from the Bureau of Labor Statistics (BLS).... In the numbers released today, covering the month of June, the seasonally adjusted unemployment rate for black Americans age 16 and over was 10.7%, reported the BLS. The unemployment rate for white Americans in the same age group and time-frame was 5.3%, said the BLS. Black Unemployment 10.7%, More Than Double White Unemployment 5.3%

20. (CNSNews.com) - 11.4 million Americans age 16 and over have left the workforce since President Obama took office in January 2009, according to data released today from the Bureau of Labor Statistics (BLS).
In July 2014, there were 92,001,000 Americans, 16 and over, who were classified as “not in the labor force,” meaning they not only did not have a job, but they didn’t actively seek one in the last four weeks

11,472,000 Americans Have Left Workforce Since Obama Took Office

21. "The 35.4 Percent: 109,631,000 on Welfare
109,631,000 Americans lived in households that received benefits from one or more federally funded "means-tested programs" — also known as welfare — as of the fourth quarter of 2012, according to data released Tuesday by the Census Bureau. When those receiving benefits from non-means-tested federal programs — such as Social Security, Medicare, unemployment and veterans benefits — were added to those taking welfare benefits, it turned out that 153,323,000 people were getting federal benefits of some type at the end of 2012.

Subtract the 3,297,000 who were receiving veterans' benefits from the total, and that leaves 150,026,000 people receiving non-veterans' benefits."

The 35.4 Percent: 109,631,000 on Welfare

22. "(CNSNews.com) -- In June 2014, there were 46,496,145 recipients of the food stamp program, which is enough to fill the Yankee Stadium 925 times, according to data fromthe Department of Agriculture " 46,496,145: Food Stamp Recipients Can Fill Yankee Stadium 925 Times

23. In a stunning Tuesday report, Gallup CEO and Chairman Jim Clifton revealed that “for the first time in 35 years, American business deaths now outnumber business births.”Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake” that only stands to worsen as lagging U.S. Census data becomes available.
“Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses,” writes Clifton." Economic Death Spiral: More American Businesses Dying Than Starting - Breitbart

24. "Disability insurance entitlement explodes under Obama
Those of you paying attention have noticed that the Obama administration is actually doing what it promised: transforming America into a gigantic welfare state." Disability insurance entitlement explodes under Obama

25. Washington, D.C. - An unabated influx of illegal aliens along the southern border of the United States is causing a health crisis in the border region. Actions by the Obama Administration to disperse illegals across America while providing an incentive for more illegals to come could lead to a nationwide health crisis that is likely to manifest itself first within our public schools.....It has spread as far north as southern Mexico and south into Panama. Diseases such as this could be carried across our border by illegal immigrants and could create a nationwide health crisis. Chicken pox, measles, mumps and tuberculosis are already causing problems." — Project 21 member Michael Dozier, Ph.D., an expert in homeland security issues and talk radio host who has worked with humanitarian aid missions in Africa, Asia, the Balkans and the United States

Public Schools Face Health Threat from Illegal Aliens



26. "Despite the improving economy, most Americans continue to say that they are falling behind the cost of living. Overall, 55% said in the Jan. 7-11 survey that their family’s income is falling behind the cost of living,.... Views on this question have shown no improvement over the course of the last year..." Public opinion on the economy and Obama’s handling of it


27. " But with February’s slow down the 12-month wage growth rate ticked down to 2%....[Under Reagan: ' In 1984 alone real economic growth boomed by 6.8%, the highest in 50 years. Reaganomics Vs. Obamanomics: Facts And Figures ] Total employment gains in December and January were therefore 18,000 lower than what BLS previously reported. The labor force participation rate ticked lower to 62.8% from 62.9%, ..." Jobs Report: U.S. Economy Added 295,000 Jobs In February, Unemployment Down To 5.5%

a. "But wage gains continued to lag, rising only 0.1 percent in February for private-sector workers after a reported 0.5 increase in January.... .“We hear we’re on the road to recovery, but people aren’t convinced of that.” http://www.nytimes.com/2015/03/07/business/economy/jobs-report-unemployment-february.html?_r=0

b. " White youths saw their rate decrease 1.4 percent to 15 percent, but young African-Americans saw theirs reach 30 percent, a 0.3 percent increase.... For the population as a whole, participation rates are still hovering around their 1978 lows at 62.8 percent,..." Unemployment Down To 5.5 Percent In February

c. "92,898,000 Americans were not in the labor force in February, according todata released from the Bureau of Labor Statistics (BLS) on Friday. ...The 157,002,000 who participated in the labor force was 62.8 percent of the 249,899,000 civilian noninsttutional population, which matches the 62.8 percent rate in April, May, June, and October of 2014 as well as the participation rate in March of 1978. The participation rate hit its lowest level since February 1978 (62.7 percent) in September and December of 2014. 62.8%: Labor Force Participation Has Hovered Near 37-Year-Low for 11 Months

(CNSNews.com) - A record 56,023,000 women, age 16 years and over, were not in the labor force in February.,,, According to the BLS, 56.7 percent of women were participating in the labor force in February, a drop from 56.8 percent in January. 56,023,000: Record Number of Women Not in Labor Force

28. "Surprise: U.S. Economic Data Have Been the World's Most Disappointing
It's not only the just-released University of Michigan consumer confidence report and February retail sales on Thursday that surprised economists and investors with another dose of underwhelming news. Overall, U.S. economic data have been falling short of prognosticators' expectations by the most in six years." Surprise: U.S. Economic Data Have Been the World's Most Disappointing

29. "More Businesses Shutting Down than Starting Up
'Business deaths now exceed business births for the first time' in decades.
The American economy is less entrepreneurial now than at any point in the last three decades. That's the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978.

Not only that, but during the most recent three years of the study -- 2009, 2010 and 2011 -- businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011." More Businesses Shutting Down than Starting Up

30. Americans Not in Labor Force Exceed 93 Million for First Time; 62.7% Labor Force Participation Matches 37-Year Low
Americans Not in Labor Force Exceed 93 Million for First Time; 62.7% Labor Force Participation Matches 37-Year Low

31. Except for rich, Americans' incomes fell last year
In fresh data that adds fire to a growing debate over income inequality, the department said that Americans on average saw income decline for the second straight year in the 12 months to June 2014.

The average pre-tax income fell 0.9 percent from the same period a year earlier, to $64,432. Except for rich, Americans' incomes fell last year

32. "The Big Lie: 5.6% Unemployment
The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.

Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.

While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news -- currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren't throwing parties to toast "falling" unemployment.

Right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population,..." The Big Lie: 5.6% Unemployment

a. ".... the number of Americans not in the labor force rose once again, this time to 93,194K from 93,175K, with the result being a participation rate of 69.45 or just above the lowest percentage since 1977, will merely catalyze even more upside to the so called "market" which continues to reflect nothing but central bank liquidity, and thus - the accelerating deterioration of the broader economy." Americans Not In The Labor Force Rise To Record 93,194,000 | Zero Hedge

33. "Even if you leave out the first quarter of 2009—when the recession that started in December 2007 was still ongoing--President Barack Obama has presided over the lowest average first-quarter GDP growth of any president who has served since 1947, which is the earliest year for which the Bureau of Economic Analysis has calculated quarterly GDP growth. " Blame It on Global Cooling? Obama Has Lowest Average 1stQ GDP Growth of Any President on Record

34. After 6 1/2 years of Obama, 47% of Americans could not handle a $400 expense:

"The survey results reveal a lack of economic preparedness among many adults. Only 53 percent of respondents indicate that they could cover a hypothetical emergency expense costing $400 without selling something or borrowing money. Thirty-one percent of respondents report going without some form of medical care in the past year because they could not afford it." FRB: Press Release--Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households--May 27, 2015


35. "The share of North America in the global high-income population decreased from 54% in 2001 to 46% in 2011,.... several countries in Western Europe had higher shares of high-income populations than the U.S. in 2011... the U.S. had the unfortunate distinction of slipping backwards as the share of its high-income population decreased from 58% in 2001 to 56% in 2011....The proportion of Americans who are upper-middle income barely moved from 31% in 2001 to 32% in 2011, and the share that is high income actually fell, as noted, from 58% to 56%....The median annual household income in the U.S. fell from $53,646 in 2001 to $50,054 in 2011 (U.S. Census Bureau)..... Unlike in the U.S., Canadian residents progressed from upper-middle income to the high-income standard of living...." Despite Poverty’s Plunge, Middle-Class Status Remains Out of Reach for Many

36. The Obama Administration is aggressively exploiting regulation to achieve its policy agenda, issuing 157 new major rules at a cost to Americans approaching $73 billion annually....twice the annual average of his predecessor George W. Bush. And much more regulation is on the way, with another 125 major rules on the Administration’s to-do list, including dozens linked to the Dodd–Frank financial regulation law and the Patient Protection and Affordable Care Act, known as Obamacare. Red Tape Rising: Five Years of Regulatory Expansion

37. The number of people not in the labor force reached another record high in July, according to new jobs data released Friday by the Bureau of Labor Statistics.
The BLS reports that 93,770,000 people (16 and older) were neither employed last month nor had made specific efforts to find work in the prior four weeks.

Record 93,770,000 Americans Not in Labor Force - Breitbart

.... a 38-year low, the Labor Department reported on Friday.... -- The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2,180,000 in July (up from 2,121,000 in June). These individuals accounted for 26.9 percent of the unemployed. Record 93,770,000 Americans Not in Labor Force; Participation Rate Matches 38-Year Low

According to the BLS, 56,209,000 women aged 16 and older were not participating in the workforce in July, besting April’s record of 56,167,000 Record 56,209,000 Women Not in Labor Force - Breitbart



38. Average unemployment rate under Bush: 5.31

Average unemployment rate under Obama: 8.46 United States Unemployment Rates by President, 1948-2016 (thru 2014)

39. "(CNSNews.com) - A record 94,031,000 Americans were not in the American labor force last month -- 261,000 more than July ---- The number of long-term unemployed (those jobless for 27 weeks or more) held at 2.2 million in August and accounted for 27.7 percent of the unemployed..." Record 94,031,000 Americans Not in Labor Force; Participation Rate Stuck at 38-Year Low for 3rd Straight Month

40. "...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

41. "....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 American jobs have been added. Contrast that with the 2.1 million foreign-born Americans who 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

42. 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

43. "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 appropriated in 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

44. "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


45. "...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


46. "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

47. "Congress has now cleared the way for federal debt to pass $20 trillion by 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

48. 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

49. "Retail Sales in U.S. Decrease to End Weakest Year Since 2009 Sales 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


50. " The federal government heavily subsidizes higher education through a complex system of grants and loans. While the programs are great for colleges — they have enabled an astronomical increase in tuition — they contain few measures holding the institutions accountable to their students. As a result, only 59 percent of students graduate from four-year colleges and universities within six years. Those lucky enough to graduate face another hurdle: 44 percent of 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." http://fee.org/anythingpeaceful/what-free-college-cant-fix/?mkt_tok=3RkMMJWWfF9wsRokuq/JZKXonjHpfsX57OkvWaW+lMI/0ER3fOvrPUfGjI4ARcNkI+SLDwEYGJlv6SgFQ7HBMbhr1rgPWhk=

51. "U.S. Economy Grew Anemic 0.7% in Fourth Quarter
Gross domestic product, a broad measure of economic output,expanded at a 0.7% seasonally adjusted annualized rate in the fourth quarter, the Commerce Department said Friday. The economy had advanced 2% in the third quarter and 3.9% in the second quarter."
U.S. Economy Grew Anemic 0.7% in Fourth Quarter

52. 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


53. 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. http://dailysignal.com/2016/01/31/americas-economic-freedom-has-rapidly-declined-under-obama/?utm_source=heritagefoundation&utm_medium=email&utm_campaign=morningbell&mkt_tok=3RkMMJWWfF9wsRovvKXPZKXonjHpfsX57eQrUKW0lMI/0ER3fOvrPUfGjI4ASMpgMa+TFAwTG5toziV8R7jHKM1t0sEQWBHm

54. "Despite the unemployment rate being at an eight-year low (4.9 percent as of January 2016), the number of people on food stamps remains near an all-time high which was 47,636,000 in 2013.

Why the disparity in the numbers? Well, the unemployment rate does not take into account people who are not in, or have dropped out of, the workforce altogether.

The Bureau of Labor Statistics reported in January of this year that approximately 94 million Americans are not participating in the workforce.

We now have a country based on government dependence." Food Stamp Users Near Record High Despite Low Unemployment Rate

55. "CHICAGO (Reuters) - Predominantly African-American neighborhoods in Chicago have seen poverty rise and services diminish even as the nation's third largest city has become less racially segregated,.... black areas are seeing economic stagnation or decline,.... mostly black areas have lost health clinics, social service agencies and other areas of support..." Exclusive: Poverty up, services diminished in Chicago's black neighborhoods - study


56. "Employers added more workers in February than projected but wages unexpectedly declined, dashing hopes that reduced slack in the labor market was starting to benefit all Americans..... Average hourly earnings dropped by 0.1 percent from the prior month, the first decline since December 2014 the Labor Department’s figures showed. Worker pay increased 2.2 percent over the 12 months ended in February, less than the 2.5 percent forecast in the Bloomberg survey. Wage growth has been hovering just above 2 percent year-over-year on average since the current expansion began in mid-2009." Payrolls in U.S. Surge While Wages Drop in Mixed Jobs Report

57. New Obama regulation will deprive middle class investors of access to financial information. "...the controversial pending Department of Labor regulation that would impose new restrictions on a vast swath of financial professionals... a newreport for the Competitive Enterprise Institute, similar restrictions in Great Britain have caused a “guidance gap” in which brokers have largely stopped serving customers with assets less than £150,000 ($240,000).... Such limits on financial discussion may seem to violate the First Amendment..." How Fiduciary Rule May Censor Financial Broadcasters Like Dave Ramsey

58. "U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016. The 0.1 percent decline in purchases followed a revised 0.4 percent January decrease, Commerce Department figures showed Tuesday.... “We’re seeing higher rents, higher healthcare expenses,.... Retail sales excluding autos fell 0.1 percent after a 0.4 percent decrease in January, according to Tuesday’s report." Retail Sales in U.S. Decline After January Revised Down

59. . "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.” The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." Realizing The Super Bowl Of American Economic Growth

60. "8 More Obamacare Co-ops Will Probably Shut Down

12 of the 23 taxpayer funded non-profit co-ops created under the Affordable Care Act were shuttered, and the largest of them is under investigation.

Records obtained by Richard Pollack of the Daily Caller indicate another 8 co-ops might be on their way out this year:
'...there’s not a turnaround in sight. The same problems that plagued them before are continuing,”
8 More Obamacare Co-ops Will Probably Shut Down

61. the United States had lost its once-enormous global lead in middle-class pay, based on international income surveys over the last three decades. After-tax median income in Canada appears to have been higher last year than the same measure in this country. The poor in Canada and much of western Europe earn more than the poor here. http://www.nytimes.com/2014/04/29/u...dgety-boys-and-a-sputtering-economy.html?_r=0

62. " Middle aged people laid off and unable to find work are taking another way out. They're killing themselves. Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved upstate New York. People in need of work are twice as likely to take their own lives as employed people, and people fired in their forties and fifties find it hardest to get hired again.

That makes boosting economic growth a life- and- death issue. But you wouldn't know it listening to Barack Obama and Hillary Clinton. President Obama whitewashes reality, claiming the "American economy is pretty darn good right now."

Soaring Suicides Emerge As a National Crisis Laid to Economic Stall - The New York Sun

63. "U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
The U.S. economy expanded in the first quarter at the slowest pace in two years ....Gross domestic product rose at a 0.5 percent annualized rate after a 1.4 percent fourth-quarter advance, Commerce Department data showed Thursday. The increase was less than the 0.7 percent median projection in a Bloomberg survey and marked the third straight disappointing start to a year." U.S. Economy Expands to 0.5% Pace, Weakest in Two Years

64. "Nearly one in six young men (between the ages of 18-34) in the U.S. were either jobless or incarcerated in 2014, according to a new government report. It details a striking amount of male alienation that has been on the rise since the 1980s.
According to the Congressional Budget Office (CBO), out of the 38 million young men in the U.S. in 2014, 16 percent were jobless (5 million or 13 percent) or incarcerated (1 million or 3 percent). The share of young men without a job or in prison has increased substantially since 1980, when just 11 percent of young men fit into either category." CBO: Nearly 1 in 6 Young Men in U.S. Jobless or Incarcerated - Breitbart

65. "Stocks fall as inflation hits 3-year high
...consumers prices at the consumer level for items ranging from toilet tissue to gasoline rose 0.4% last month, slightly above the 0.3% estimate but its strongest monthly gain in more than three years." Stocks fall as inflation hits 3-year high

66. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike

67. "Then came the jobs numbers. Employers added 38,000 jobs in May, the weakest performance since September 2010. Revisions to previous payroll data showed employers added a combined 59,000 fewer jobs in April and March than previously reported. That brought average monthly job growth in the past three months to 116,000, a sharp slowdown from the average growth of 219,000 over the prior 12 months.

One economist dubbed it “an unqualified dud.”

by Erik Holm"
Recap: Janet Yellen on Economy, Monetary Policy









Excellent link showing the economy US Household Income | Department of Numbers


Just one more attempt by this tin-pot dictator, the titular head of the LGBT movement, to impose policies that will injure the American people.

Look around....and remember those who put this man in office.

WAAAAAY....tl;dr

You read it,
.....and all of us lived it.


Hence, a reputation you will never live down.

 

[P@triot]

That's because every other president (even the failure Jimmy Carter) managed to accomplish that. If Obama wouldn't have been such a failure, that metric wouldn't apply to him either. But it does. Why does dealing with reality bother you so much? Because it's antithetical to your ideology?

Why don't you create an economic metric on doubling the stock market, creating 9 million jobs and dropping the unemployment rate from 10.1% down to 4.7%?

How about this set of metrics?

The Obama Economic Hit-Parade!


1.More than 6.7 million more Americans have been plunged into poverty since Obama became President.

2.Real household income is down 5%

3. Consumer prices are up 10.2%


4. When Obama took office on Jan. 20, 2009, the debt was $10,626,877,048,913.08. Since then, it has increased $7,514,567,086,650.22--which is $65,443 per household, $70,985 per full-time worker and $84,266 per full-time private-sector worker. Under Obama: Federal Debt Up $84,266 Per Full-Time Private-Sector Worker

5. (CNSNews.com) - The federal government drove $789,473,350,613.20 deeper into debt in calendar year 2014, an increase that equaled $6,875 per household, $7,458 per full-time year-round worker, and $8,853 per full-time year-round private-sector worker. According to the Treasury, the debt started calendar year 2014 at $17,351,970,784,950.10 and ended it at $18,141,444,135,563.30. Under Obama: Federal Debt Up $84,266 Per Full-Time Private-Sector Worker

6. Food stamp recipients up 49%


7. Debt held by the public is up 89%


However, the Obama administration recently projected an annual deficit of $750 billion in the fiscal year that began Oct. 1, and $626 billion the year after. At that rate, the debt owed to the public will more than double during the Obama presidency.

As of 2012, according to the most recent figures reported by the Census Bureau, median (midpoint) income for all U.S. households was $51,017, which was 4.9 percent lower (in inflation-adjusted dollars) than it was in 2008, the year before Obama took office.

The same story applies to family income, which includes many families with two earners. (The “household” figure includes single persons living alone, as well as families.) Median family income in 2012 was $62,241, or 5.1 percent below the inflation-adjusted 2008 level.

The number of persons living in poverty also worsened again in 2012, according to the most recent Census figures.


8. As of last year, 46,496,000 persons lived in households with income below the official poverty line, an increase of nearly 6.7 million since 2008 and 249,000 since 2011. The total poverty rate remained unchanged in 2012 at 15 percent of the total U.S. population. So for the second straight year, the poverty rate was 1.8 points higher than it was in 2008.

Obama’s Numbers, October Update


9... in today’s recovery — the slowest in the modern era going back to 1947 — private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery. Big Business Swings Behind a Mantra of Growth - The New York Sun


10. Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama

Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama


11. . ".... the... [dollar] has today a value of barely a 1,250th of an ounce of gold, a staggering plunge from an 853rd of an ounce on the day Mr. Obama took office...." Fiat Wages - The New York Sun



12. "CBO says deficits slated to shrink in coming years, but will soar again if spending or tax changes are not made


Federal deficits have soared between 2009 and 2012, bring the total long-term debt to a level equal to 73 percent of the nation’s GDP. “Between 2009 and 2012, the federal government recorded the largest budget deficits relative to the size of the economy since 1946, causing federal debt to soar.”

CBO says deficits slated to shrink in coming years, but will soar again if spending or tax changes are not made


13. "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.

Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession

14. "(CNSNews.com) - The real median income of American women dropped a little more than four percent in the first three full years after the end of the last recession,..... Census Bureau income data, the median income of American women was $21,520 in constant 2012 dollars. That was down $914 dollars—or about 4.1 percent—from 2009." Median Income of Women Dropped 4%--In First 3 Years of Recovery


15. "US economy slowed to 0.1 percent growth rate in Q1

WASHINGTON (AP) — The U.S. economy slowed drastically in the first three months of the year... to a barely discernible 0.1 percent annual rate in the January-March quarter, the Commerce Department said Wednesday. That was the weakest pace since the end of 2012 and was down from a 2.6 percent rate in the previous quarter.... the anemic growth last quarter is surely a topic for discussion at the Federal Reserve's latest policy meeting,..."

MyWay


16. "More Than 92 Million Americans Remain Out Of Labor Force
The unemployment rate dropped to 6.3 percent in April from 6.7 percent in March, the lowest it has been since September 2008 when it was 6.1 percent. The sharp drop, though, occurred because the number of people working or seeking work fell. The Bureau of Labor Statistics does not count people not looking for a job as unemployed.

The bureau noted that the civilian labor force dropped by 806,000 last month, following an increase of 503,000 in March."

Report: More Than 92 Million Americans Remain Out Of Labor Force

The amount (not seasonally adjusted) of Americans not in the labor force in April rose to 92,594,000, almost 1 million more than the previous month.


17. "The U.S. economy contracted at a much steeper pace than previously estimated in the first quarter, but there are indications that growth has sincerebounded strongly.

The Commerce Department said on Wednesday gross domestic product fell at a 2.9 percent annual rate, the economy's worst performance in five years, instead of the 1.0 percent pace it had reported last month." Shrink wrapped: US economy contracted sharply in Q1

18. (CNSNews.com) - The number of Americans 16 and older who did not participate in the labor force climbed to a record high of 92,120,000 in June, according to data from the Bureau of Labor Statistics (BLS)..... the labor force participation rate for Americans was 62.8 percent, matching a 36-year low. Record Number of Americans Not in Labor Force in June

19. (CNSNews.com) – The unemployment rate for black Americans is more than double that of white Americans, according to the latest data from the Bureau of Labor Statistics (BLS).... In the numbers released today, covering the month of June, the seasonally adjusted unemployment rate for black Americans age 16 and over was 10.7%, reported the BLS. The unemployment rate for white Americans in the same age group and time-frame was 5.3%, said the BLS. Black Unemployment 10.7%, More Than Double White Unemployment 5.3%

20. (CNSNews.com) - 11.4 million Americans age 16 and over have left the workforce since President Obama took office in January 2009, according to data released today from the Bureau of Labor Statistics (BLS).
In July 2014, there were 92,001,000 Americans, 16 and over, who were classified as “not in the labor force,” meaning they not only did not have a job, but they didn’t actively seek one in the last four weeks

11,472,000 Americans Have Left Workforce Since Obama Took Office

21. "The 35.4 Percent: 109,631,000 on Welfare
109,631,000 Americans lived in households that received benefits from one or more federally funded "means-tested programs" — also known as welfare — as of the fourth quarter of 2012, according to data released Tuesday by the Census Bureau. When those receiving benefits from non-means-tested federal programs — such as Social Security, Medicare, unemployment and veterans benefits — were added to those taking welfare benefits, it turned out that 153,323,000 people were getting federal benefits of some type at the end of 2012.

Subtract the 3,297,000 who were receiving veterans' benefits from the total, and that leaves 150,026,000 people receiving non-veterans' benefits."

The 35.4 Percent: 109,631,000 on Welfare

22. "(CNSNews.com) -- In June 2014, there were 46,496,145 recipients of the food stamp program, which is enough to fill the Yankee Stadium 925 times, according to data fromthe Department of Agriculture " 46,496,145: Food Stamp Recipients Can Fill Yankee Stadium 925 Times

23. In a stunning Tuesday report, Gallup CEO and Chairman Jim Clifton revealed that “for the first time in 35 years, American business deaths now outnumber business births.”Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake” that only stands to worsen as lagging U.S. Census data becomes available.
“Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses,” writes Clifton." Economic Death Spiral: More American Businesses Dying Than Starting - Breitbart

24. "Disability insurance entitlement explodes under Obama
Those of you paying attention have noticed that the Obama administration is actually doing what it promised: transforming America into a gigantic welfare state." Disability insurance entitlement explodes under Obama

25. Washington, D.C. - An unabated influx of illegal aliens along the southern border of the United States is causing a health crisis in the border region. Actions by the Obama Administration to disperse illegals across America while providing an incentive for more illegals to come could lead to a nationwide health crisis that is likely to manifest itself first within our public schools.....It has spread as far north as southern Mexico and south into Panama. Diseases such as this could be carried across our border by illegal immigrants and could create a nationwide health crisis. Chicken pox, measles, mumps and tuberculosis are already causing problems." — Project 21 member Michael Dozier, Ph.D., an expert in homeland security issues and talk radio host who has worked with humanitarian aid missions in Africa, Asia, the Balkans and the United States

Public Schools Face Health Threat from Illegal Aliens



26. "Despite the improving economy, most Americans continue to say that they are falling behind the cost of living. Overall, 55% said in the Jan. 7-11 survey that their family’s income is falling behind the cost of living,.... Views on this question have shown no improvement over the course of the last year..." Public opinion on the economy and Obama’s handling of it


27. " But with February’s slow down the 12-month wage growth rate ticked down to 2%....[Under Reagan: ' In 1984 alone real economic growth boomed by 6.8%, the highest in 50 years. Reaganomics Vs. Obamanomics: Facts And Figures ] Total employment gains in December and January were therefore 18,000 lower than what BLS previously reported. The labor force participation rate ticked lower to 62.8% from 62.9%, ..." Jobs Report: U.S. Economy Added 295,000 Jobs In February, Unemployment Down To 5.5%

a. "But wage gains continued to lag, rising only 0.1 percent in February for private-sector workers after a reported 0.5 increase in January.... .“We hear we’re on the road to recovery, but people aren’t convinced of that.” http://www.nytimes.com/2015/03/07/business/economy/jobs-report-unemployment-february.html?_r=0

b. " White youths saw their rate decrease 1.4 percent to 15 percent, but young African-Americans saw theirs reach 30 percent, a 0.3 percent increase.... For the population as a whole, participation rates are still hovering around their 1978 lows at 62.8 percent,..." Unemployment Down To 5.5 Percent In February

c. "92,898,000 Americans were not in the labor force in February, according todata released from the Bureau of Labor Statistics (BLS) on Friday. ...The 157,002,000 who participated in the labor force was 62.8 percent of the 249,899,000 civilian noninsttutional population, which matches the 62.8 percent rate in April, May, June, and October of 2014 as well as the participation rate in March of 1978. The participation rate hit its lowest level since February 1978 (62.7 percent) in September and December of 2014. 62.8%: Labor Force Participation Has Hovered Near 37-Year-Low for 11 Months

(CNSNews.com) - A record 56,023,000 women, age 16 years and over, were not in the labor force in February.,,, According to the BLS, 56.7 percent of women were participating in the labor force in February, a drop from 56.8 percent in January. 56,023,000: Record Number of Women Not in Labor Force

28. "Surprise: U.S. Economic Data Have Been the World's Most Disappointing
It's not only the just-released University of Michigan consumer confidence report and February retail sales on Thursday that surprised economists and investors with another dose of underwhelming news. Overall, U.S. economic data have been falling short of prognosticators' expectations by the most in six years." Surprise: U.S. Economic Data Have Been the World's Most Disappointing

29. "More Businesses Shutting Down than Starting Up
'Business deaths now exceed business births for the first time' in decades.
The American economy is less entrepreneurial now than at any point in the last three decades. That's the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978.

Not only that, but during the most recent three years of the study -- 2009, 2010 and 2011 -- businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011." More Businesses Shutting Down than Starting Up

30. Americans Not in Labor Force Exceed 93 Million for First Time; 62.7% Labor Force Participation Matches 37-Year Low
Americans Not in Labor Force Exceed 93 Million for First Time; 62.7% Labor Force Participation Matches 37-Year Low

31. Except for rich, Americans' incomes fell last year
In fresh data that adds fire to a growing debate over income inequality, the department said that Americans on average saw income decline for the second straight year in the 12 months to June 2014.

The average pre-tax income fell 0.9 percent from the same period a year earlier, to $64,432. Except for rich, Americans' incomes fell last year

32. "The Big Lie: 5.6% Unemployment
The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.

Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.

While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news -- currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren't throwing parties to toast "falling" unemployment.

Right now, the U.S. is delivering at a staggeringly low rate of 44%, which is the number of full-time jobs as a percent of the adult population,..." The Big Lie: 5.6% Unemployment

a. ".... the number of Americans not in the labor force rose once again, this time to 93,194K from 93,175K, with the result being a participation rate of 69.45 or just above the lowest percentage since 1977, will merely catalyze even more upside to the so called "market" which continues to reflect nothing but central bank liquidity, and thus - the accelerating deterioration of the broader economy." Americans Not In The Labor Force Rise To Record 93,194,000 | Zero Hedge

33. "Even if you leave out the first quarter of 2009—when the recession that started in December 2007 was still ongoing--President Barack Obama has presided over the lowest average first-quarter GDP growth of any president who has served since 1947, which is the earliest year for which the Bureau of Economic Analysis has calculated quarterly GDP growth. " Blame It on Global Cooling? Obama Has Lowest Average 1stQ GDP Growth of Any President on Record

34. After 6 1/2 years of Obama, 47% of Americans could not handle a $400 expense:

"The survey results reveal a lack of economic preparedness among many adults. Only 53 percent of respondents indicate that they could cover a hypothetical emergency expense costing $400 without selling something or borrowing money. Thirty-one percent of respondents report going without some form of medical care in the past year because they could not afford it." FRB: Press Release--Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households--May 27, 2015


35. "The share of North America in the global high-income population decreased from 54% in 2001 to 46% in 2011,.... several countries in Western Europe had higher shares of high-income populations than the U.S. in 2011... the U.S. had the unfortunate distinction of slipping backwards as the share of its high-income population decreased from 58% in 2001 to 56% in 2011....The proportion of Americans who are upper-middle income barely moved from 31% in 2001 to 32% in 2011, and the share that is high income actually fell, as noted, from 58% to 56%....The median annual household income in the U.S. fell from $53,646 in 2001 to $50,054 in 2011 (U.S. Census Bureau)..... Unlike in the U.S., Canadian residents progressed from upper-middle income to the high-income standard of living...." Despite Poverty’s Plunge, Middle-Class Status Remains Out of Reach for Many

36. The Obama Administration is aggressively exploiting regulation to achieve its policy agenda, issuing 157 new major rules at a cost to Americans approaching $73 billion annually....twice the annual average of his predecessor George W. Bush. And much more regulation is on the way, with another 125 major rules on the Administration’s to-do list, including dozens linked to the Dodd–Frank financial regulation law and the Patient Protection and Affordable Care Act, known as Obamacare. Red Tape Rising: Five Years of Regulatory Expansion

37. The number of people not in the labor force reached another record high in July, according to new jobs data released Friday by the Bureau of Labor Statistics.
The BLS reports that 93,770,000 people (16 and older) were neither employed last month nor had made specific efforts to find work in the prior four weeks.

Record 93,770,000 Americans Not in Labor Force - Breitbart

.... a 38-year low, the Labor Department reported on Friday.... -- The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2,180,000 in July (up from 2,121,000 in June). These individuals accounted for 26.9 percent of the unemployed. Record 93,770,000 Americans Not in Labor Force; Participation Rate Matches 38-Year Low

According to the BLS, 56,209,000 women aged 16 and older were not participating in the workforce in July, besting April’s record of 56,167,000 Record 56,209,000 Women Not in Labor Force - Breitbart



38. Average unemployment rate under Bush: 5.31

Average unemployment rate under Obama: 8.46 United States Unemployment Rates by President, 1948-2016 (thru 2014)

39. "(CNSNews.com) - A record 94,031,000 Americans were not in the American labor force last month -- 261,000 more than July ---- The number of long-term unemployed (those jobless for 27 weeks or more) held at 2.2 million in August and accounted for 27.7 percent of the unemployed..." Record 94,031,000 Americans Not in Labor Force; Participation Rate Stuck at 38-Year Low for 3rd Straight Month

40. "...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

41. "....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 American jobs have been added. Contrast that with the 2.1 million foreign-born Americans who 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

42. 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

43. "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 appropriated in 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

44. "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


45. "...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


46. "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

47. "Congress has now cleared the way for federal debt to pass $20 trillion by 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

48. 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

49. "Retail Sales in U.S. Decrease to End Weakest Year Since 2009 Sales 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


50. " The federal government heavily subsidizes higher education through a complex system of grants and loans. While the programs are great for colleges — they have enabled an astronomical increase in tuition — they contain few measures holding the institutions accountable to their students. As a result, only 59 percent of students graduate from four-year colleges and universities within six years. Those lucky enough to graduate face another hurdle: 44 percent of 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." http://fee.org/anythingpeaceful/what-free-college-cant-fix/?mkt_tok=3RkMMJWWfF9wsRokuq/JZKXonjHpfsX57OkvWaW+lMI/0ER3fOvrPUfGjI4ARcNkI+SLDwEYGJlv6SgFQ7HBMbhr1rgPWhk=

51. "U.S. Economy Grew Anemic 0.7% in Fourth Quarter
Gross domestic product, a broad measure of economic output,expanded at a 0.7% seasonally adjusted annualized rate in the fourth quarter, the Commerce Department said Friday. The economy had advanced 2% in the third quarter and 3.9% in the second quarter."
U.S. Economy Grew Anemic 0.7% in Fourth Quarter

52. 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


53. 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. http://dailysignal.com/2016/01/31/americas-economic-freedom-has-rapidly-declined-under-obama/?utm_source=heritagefoundation&utm_medium=email&utm_campaign=morningbell&mkt_tok=3RkMMJWWfF9wsRovvKXPZKXonjHpfsX57eQrUKW0lMI/0ER3fOvrPUfGjI4ASMpgMa+TFAwTG5toziV8R7jHKM1t0sEQWBHm

54. "Despite the unemployment rate being at an eight-year low (4.9 percent as of January 2016), the number of people on food stamps remains near an all-time high which was 47,636,000 in 2013.

Why the disparity in the numbers? Well, the unemployment rate does not take into account people who are not in, or have dropped out of, the workforce altogether.

The Bureau of Labor Statistics reported in January of this year that approximately 94 million Americans are not participating in the workforce.

We now have a country based on government dependence." Food Stamp Users Near Record High Despite Low Unemployment Rate

55. "CHICAGO (Reuters) - Predominantly African-American neighborhoods in Chicago have seen poverty rise and services diminish even as the nation's third largest city has become less racially segregated,.... black areas are seeing economic stagnation or decline,.... mostly black areas have lost health clinics, social service agencies and other areas of support..." Exclusive: Poverty up, services diminished in Chicago's black neighborhoods - study


56. "Employers added more workers in February than projected but wages unexpectedly declined, dashing hopes that reduced slack in the labor market was starting to benefit all Americans..... Average hourly earnings dropped by 0.1 percent from the prior month, the first decline since December 2014 the Labor Department’s figures showed. Worker pay increased 2.2 percent over the 12 months ended in February, less than the 2.5 percent forecast in the Bloomberg survey. Wage growth has been hovering just above 2 percent year-over-year on average since the current expansion began in mid-2009." Payrolls in U.S. Surge While Wages Drop in Mixed Jobs Report

57. New Obama regulation will deprive middle class investors of access to financial information. "...the controversial pending Department of Labor regulation that would impose new restrictions on a vast swath of financial professionals... a newreport for the Competitive Enterprise Institute, similar restrictions in Great Britain have caused a “guidance gap” in which brokers have largely stopped serving customers with assets less than £150,000 ($240,000).... Such limits on financial discussion may seem to violate the First Amendment..." How Fiduciary Rule May Censor Financial Broadcasters Like Dave Ramsey

58. "U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016. The 0.1 percent decline in purchases followed a revised 0.4 percent January decrease, Commerce Department figures showed Tuesday.... “We’re seeing higher rents, higher healthcare expenses,.... Retail sales excluding autos fell 0.1 percent after a 0.4 percent decrease in January, according to Tuesday’s report." Retail Sales in U.S. Decline After January Revised Down

59. . "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.” The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." Realizing The Super Bowl Of American Economic Growth

60. "8 More Obamacare Co-ops Will Probably Shut Down

12 of the 23 taxpayer funded non-profit co-ops created under the Affordable Care Act were shuttered, and the largest of them is under investigation.

Records obtained by Richard Pollack of the Daily Caller indicate another 8 co-ops might be on their way out this year:
'...there’s not a turnaround in sight. The same problems that plagued them before are continuing,”
8 More Obamacare Co-ops Will Probably Shut Down

61. the United States had lost its once-enormous global lead in middle-class pay, based on international income surveys over the last three decades. After-tax median income in Canada appears to have been higher last year than the same measure in this country. The poor in Canada and much of western Europe earn more than the poor here. http://www.nytimes.com/2014/04/29/u...dgety-boys-and-a-sputtering-economy.html?_r=0

62. " Middle aged people laid off and unable to find work are taking another way out. They're killing themselves. Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved upstate New York. People in need of work are twice as likely to take their own lives as employed people, and people fired in their forties and fifties find it hardest to get hired again.

That makes boosting economic growth a life- and- death issue. But you wouldn't know it listening to Barack Obama and Hillary Clinton. President Obama whitewashes reality, claiming the "American economy is pretty darn good right now."

Soaring Suicides Emerge As a National Crisis Laid to Economic Stall - The New York Sun

63. "U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
The U.S. economy expanded in the first quarter at the slowest pace in two years ....Gross domestic product rose at a 0.5 percent annualized rate after a 1.4 percent fourth-quarter advance, Commerce Department data showed Thursday. The increase was less than the 0.7 percent median projection in a Bloomberg survey and marked the third straight disappointing start to a year." U.S. Economy Expands to 0.5% Pace, Weakest in Two Years

64. "Nearly one in six young men (between the ages of 18-34) in the U.S. were either jobless or incarcerated in 2014, according to a new government report. It details a striking amount of male alienation that has been on the rise since the 1980s.
According to the Congressional Budget Office (CBO), out of the 38 million young men in the U.S. in 2014, 16 percent were jobless (5 million or 13 percent) or incarcerated (1 million or 3 percent). The share of young men without a job or in prison has increased substantially since 1980, when just 11 percent of young men fit into either category." CBO: Nearly 1 in 6 Young Men in U.S. Jobless or Incarcerated - Breitbart

65. "Stocks fall as inflation hits 3-year high
...consumers prices at the consumer level for items ranging from toilet tissue to gasoline rose 0.4% last month, slightly above the 0.3% estimate but its strongest monthly gain in more than three years." Stocks fall as inflation hits 3-year high

66. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike

67. "Then came the jobs numbers. Employers added 38,000 jobs in May, the weakest performance since September 2010. Revisions to previous payroll data showed employers added a combined 59,000 fewer jobs in April and March than previously reported. That brought average monthly job growth in the past three months to 116,000, a sharp slowdown from the average growth of 219,000 over the prior 12 months.

One economist dubbed it “an unqualified dud.”

by Erik Holm"
Recap: Janet Yellen on Economy, Monetary Policy









Excellent link showing the economy US Household Income | Department of Numbers


Just one more attempt by this tin-pot dictator, the titular head of the LGBT movement, to impose policies that will injure the American people.

Look around....and remember those who put this man in office.

WAAAAAY....tl;dr

You read it,
.....and all of us lived it.


Hence, a reputation you will never live down.

Boy does that sum up the modern day liberal. Takes too much effort to read and learn. Just skip all of the data and facts and embrace the failed ideology.

 

[PoliticalChic]

1. In a constellation of lies from an administration based on lies, this one may be the most egregious....

"OBAMA: Anyone claiming that America's economy is in decline is peddling fiction.” Obama: Anyone Claiming America's Economy Is In Decline Is Peddling Fiction

We have the strongest economy on earth

Catching you in a lie has gotten to the point of simply being boring.


" GDP Growth under Mr. Obama has averaged a stagnant 1.7% a year.Meanwhile, Ireland is growing at nearly 8%, India at 7%, Sweden at 4%. The Obama economy is a loser compared with other countries."


Ohhhh.....so sorry.
The word "loser" must be .....painful.....to you, huh?

The US has the strongest economy on earth

One year growth is not an indicator of the overall strength of the economy

How about Obama's seven years of failure.


The lean, ugly cows ate up the seven fat cows that came up first.
Genesis, 41:20

Oh......NOOooooooooooo!

PC considers Obama a failure

Must mean he did what we elected him to do

'considers Obama a failure'????

Nah....'proved that Obama is a failure.'

And not just in terms of the economy.


This dunce is at the same level in foreign policy.


Big picture time.

President Reagan freed countless millions from the Evil Empire, and defeated same without firing a shot.


Then there's this:

Obama's Foreign Policy Hit Parade!


1. "(CNSNews.com) – White House press secretary Josh Earnest said Monday the Obama administration’s foreign policies in a number of areas have enhanced the world’s “tranquility” – a word that raised eyebrows asreporters pointed to situations in Gaza, Syria, Iraq, Iran, Ukraine and the South China Sea."WH We ve Substantially Improved the Tranquility of the Global Community CNS News


2. "Leaders ofthe five BRICS nations plan to create a development bank in a direct challenge to theWorld Bankthat they accuse of Western bias. The bank would use $50 billion of seed capital shared equally between Brazil, Russia, India, China and South Africa but would undoubtedly be dominated by China. It would be the first institution of the informal forum started in 2009 amid the economic meltdown to chart a new and more equitable world economic order."
Watch Out World Bank Here Comes the BRICS Bank

a. "WhenBarackObamatook office, he pledgeda new overture to the world’s emerging powers. Today each of the Brics – Brazil, Russia, India,Chinaand South Africa – is at loggerheads with America, or worse."How Obama lost friends and influence in the Brics - FT.com



3. [August 18, 2011].... [Obama} called Thursday for Syrian President Bashar al-Assad to resign, after months of his violent crackdown on protesters. The rhetorical escalation was backed bynew U.S. sanctions designed to undermine Assad’sability to finance his military operation..... culminatedmonths of calibrated diplomacythat has included three rounds of sanctionsand a gradual policy shift toward regime change in a nation long at odds with U.S. policy in the Middle East."Assad must go Obama says - The Washington Post

4."Russia 'to reopen Cold WarCuban listening post used to spy on America' Moscow-based daily Kommersant claimedRussia and Cuba have struck a deal'in principle' after President Vladimir Putin visited the island last week.

Citing several sources within Russian authorities, the respected daily wrote: 'The agreements were finalised while President Vladimir Putin visited Havana last Friday."
Russia 'to reopen Cold War Cuban listening post'


5. When the Egyptian people declined to be governed by the 7th century savages, the Muslim Brotherhood, Obama had a fit:
"The U.S. government has decided privately to act as if the military takeover of Egypt was a coup, temporarily suspending most forms of military aid, despite deciding not to announce publicly a coup determination one way or the other, according to a leading U.S. senator.
In the latest example of its poorly understood Egypt policy, the Obama administrationhas decided to temporarily suspend the disbursement of most direct military aid, the delivery of weapons to the Egyptian military, and some forms of economic aid to the Egyptiangovernment while it conducts a broad review of the relationship."
Senator: Obama Administration Secretly Suspended Military Aid to Egypt - The Daily Beast



6. "Putin Poised to Retaliate Against Obama by Trashing Iran Deal
Now that the U.S.-Russia relationship hasbroken down,Moscow could throw a wrench into the teetering nuclear negotiations with Iran.

But if Putin decides that retaliating against the U.S. and ruining Obama’s foreign policy legacy is more important than sealing a pact with Iran, the whole thing could unravel....Yet this time around, Obama is willing to accept an agreement from Iraq’s foreign ministry on U.S. forces in Iraq without a vote of Iraq’s parliament. .... We basically need a piece of paper from them,” another U.S. official involved in the negotiations told The Daily Beast. The official didn’t explain why the parliamentary vote, so crucial three years ago, was no longer needed.."Putin Poised to Retaliate Against Obama by Trashing Iran Deal - The Daily Beast



7. "ANKARA, Turkey (AP) —Turkish Prime Minister Recep Tayyip Erdogan has said he no longer holds "direct" telephone conversations with U.S. President Barak Obama,suggesting a rift between the leaders who were once close."Turkish PM says he Obama no longer talk directly - Yahoo News

8. Underestimated the "Islamic State, IS" "The analogy we use around here sometimes, and I think is accurate, is ifa jayvee teamputs on Lakers uniforms that doesn’t make them Kobe Bryant,”Obama told the New Yorker, referring to ISIS.
“I think there is a distinction between the capacity and reach of a bin Laden and a network that is actively planning major terrorist plots against the homeland versus jihadists who are engaged in various local power struggles and disputes, often sectarian.”


9. Obama made another huge mistake inrefusing to negotiate an agreement to leave US troops in Iraq.
This is the source of the problem with ISIS: they're there because we weren't.
"Obama's 2012 Debate Boast: I Didn't Want to Leave Any Troops in Iraq
Obama then denied that he ever supported a status of forces agreement that would have left troops in Iraq:

MR. ROMNEY: [W]ith regards to Iraq, you and I agreed, I believe, that there should have been a status of forces agreement. Did you —

PRESIDENT OBAMA:That's not true.

MR. ROMNEY:Oh, you didn't — you didn't want a status of forces agreement?

PRESIDENT OBAMA:No, but what I — what I would not have done is left 10,000 troops in Iraq that would tie us down. That certainly would not help us in the Middle East.

"Here's one thing I've learned as commander in chief," Obama said at the end of the exchange. "You've got to be clear, both to our allies and our enemies, about where you stand and what you mean

Obama s 2012 Debate Boast I Didn t Want to Leave Any Troops in Iraq The Weekly Standard

a. "This month, Colin Kahl, the senior Pentagon official in charge of Iraq policy at the time, explained why the White House insisted on Iraq’s parliament approving the changes to the SOFA.

He wrote inPolitico Magazinethat in 2011 Iraq’s prime minister, Nouri al-Maliki, “told U.S. negotiators that he was willing to sign an executive memorandum of understanding that included these legal protections.

Yet this time around, Obama is willing to accept an agreement from Iraq’s foreign ministry on U.S. forces in Iraq without a vote of Iraq’s parliament. “We believe we need a separate set of assurances from the Iraqis,” one senior U.S. defense official told The Daily Beast on Sunday. This official said this would likely be an agreement or exchange of diplomatic notes from the Iraq’s foreign ministry. “We basically need a piece of paper from them,” another U.S. official involved in the negotiations told The Daily Beast. The official didn’t explain why the parliamentary vote, so crucial three years ago, was no longer needed.”

Obama Does a U-Turn on Immunity for U.S. Troops in Iraq - The Daily Beast

Obama rejected it.




10. "Turkey will refuse to allow a US-led coalition to attack jihadistsin neighbouring Iraq and Syria from its air bases, nor will it take part in combat operations against militants, a government official told AFP" Thursdayhttp://Breaking TURKEY REFUSES OBAMA REQUEST to Use Its Airbases to Fight ISIS The Gateway Pundit



11. "First and foremost, I want the American people to know that our experts, here at the CDC and across our government, agree that the chances of an Ebola outbreak here in the United States are extremely low. We’ve been taking the necessary precautions, including working with countries in West Africa to increase screening at airports so that someone with the virus doesn’t get on a plane for the United States.In the unlikely event that someone with Ebola does reach our shores, we’ve taken new measures so that we’re prepared here at home. " Obama, Two Weeks Ago: 'Chances of an Ebola Outbreak Here ... Extremely Low'

a. "U.S. Nurses Say They Are Unprepared To Handle Ebola Patients" U.S. Nurses Say They Are Unprepared To Handle Ebola Patients
b. "After first Ebola case, red flags emerge that U.S. unprepared for pandemic"After first Ebola case, fears turn to U.S. pandemic preparedness

12. “Obama is the weakest of U.S. presidents, he had humiliating defeats in the region. Under him the Islamic awakening happened,” Younesisaidin a Farsi language interview with Iran’s semi-official Fars News Agency. “Americans witnessed their greatest defeats in Obama’s era: Terrorism expanded, [the] U.S. had huge defeats under Obama [and] that is why they want to compromise with Iran,” Younesi said.

The criticism of Obama echoes comments made recently byotherworld leaders and even former members of the president’s own staff,such asFormer Defense Secretary Robert Gates. Top Iranian Official: Obama is ‘The Weakest of U.S. Presidents’

13. "Shock U.S. Army admission: Obama freed Taliban ‘psychopath’ in Bergdahl trade"The Obama administration released Fazl and four other Taliban commanders May 31 from the U.S. military detention facility at Guantanamo Bay, Cuba, in exchange for Sgt. Bergdahl,
Taliban prisoner traded for Bowe Bergdahl a dangerous psychopath: Army colonel

"Breaking: Bowe Bergdahl To Be Charged With Desertion…Update: Attorney Has Received Charges But WH Delaying Notice To Public…Update: Senior Defense Officials Confirm">Breaking:Bowe Bergdahl To Be Charged With Desertion…Update:Attorney Has Received Charges But WH Delaying Notice To Public…Update:Senior Defense Officials Confirm" Breaking: Bowe Bergdahl To Be Charged With Desertion…Update: Attorney Has Received Charges But WH Delaying Notice To Public…Update: Senior Defense Officials Confirm | Weasel Zippers

14. "GUMMING UP THE WORKS: Obama blasted for chewing gum during visit with Indian prime minister
Obama, who has been caught before munching on gum during high-profile political events, was taken to task by the country’s largest newspaper after he was spotted taking a piece out of his mouth during the annual Republic Day parade."
Obama blasted for chewing gum during visit with Indian PM


15. "Obama White House Declares Muslim Brotherhood Is Not a Terrorist OrganizationObama White House Declares Muslim Brotherhood Is Not a Terrorist Organization | CBN.com (beta)
a. "The Muslim Brotherhood called for “a long, uncompromising jihad” in Egypt just days after a delegation of the Islamist group’s key leaders and allies met with the State Department, according to an official statement released this week.

Just days after a delegation that included two top Brotherhood leaders washosted at the State Department, the organization released an official statement calling on its supporters to “prepare” for jihad, according to an independent translation of thestatementfirst posted on Tuesday." http://freebeacon.com/national-secu...ting-with-muslim-brotherhood-aligned-leaders/


16. "The threat from radical Islam has at least doubled in the past decade while Washington refuses to even admit the enemy exists, former director of the Defense Intelligence Agency Lt. Gen. Michael Flynn said Sunday.

Pointing to a map showing the spread of violent Islamic extremism stretching across the Middle East and northern Africa, Flynn said, "Ten years ago I was drawing that map and there's only two or three dots on it. Today, what you're seeing on a map like that is a doubling of the enemy … a doubling or more."
http://www.Newsmax.com/Newsfront/Michael-Flynn-ISIS-doubled-spread/2015/02/08/id/623473/#ixzz3RHuxGbBb


17."Irran’s Supreme leader Ali Khamenei called for “Death to America” on Saturday, a day after President BarackObama appealed to Iran to seize a “historic opportunity”for a nuclear deal and a better future, and as US Secretary of State John Kerry claimed substantial progress toward an accord."
Khamenei calls 'Death to America' as Kerry hails progress on nuke deal | The Times of Israelhttp://www.timesofisrael.com/khamen...ry-hails-progress-on-nuke-deal/#ixzz3V9SRGder


18. "Not since the 1960s — and perhaps going back even further — has there been a time when so many Arab states and factions were engaged in so many wars, in quite such confusing configurations, said Frederic Wehrey of the Carnegie Endowment for International Peace. “It’s so dangerous,” he said."http://www.washingtonpost.com/world...4e7b5c-d417-11e4-8b1e-274d670aa9c9_story.html

19. "It would be one thing had the president brought in a successful test anywhere. But his — and Secretary of State Clinton’s — “reset” with Russia has been greeted with aggression from President Putin and his camarilla. The “pivot” to Asia has turned into a palsied pirouette and been unmasked as cover for fading from the Middle East. The redlines in Syria have been erased. Libya, Yemen, Venezuela are wrecks. Afghanistan is teetering to the Taliban, while Mr. Obama’s withdrawal has left Iraq at the mercy of Iran and the Islamic State."The Obama Doctrine - The New York Sun
20. There is now no discernible U.S. strategy in Iraq.The administration claims to support the Baghdad government of Haider al-Abadi, who replaced Maliki, but it gives al-Abadi practically no support. It won’t commit ground forces or mount a serious aerial offensive and is reduced to encouraging Iran to chase ISIS into Syria.


This policy can only lead to greater bloodshed in Syria, while delivering all Iraq apart from Kurdistan to the militant Islamic and soon to be nuclear-armed theocracy of Iran.... Obama rounded up some allies to fight ISIS but has essentially handed the war off to Iran, America’s and the West’s greatest enemy in the Middle East."
Incredulity Among Allies Greets U.S. Policy After Years of Folly - The New York Sun

21. WASHINGTON—In reaching a historic agreement to restrain Iran’s nuclear program, President Barack Obama effectively shredded the foreign-policy playbook that had guided the U.S. for three decades....Obama also may have created a more unstable Middle East and, in the process, torn apart longtime U.S. ties with traditional allies such as Israel and Saudi Arabia.
Obama’s Iran Deal Breaks From Past

22." The president has convinced himselfthat the open-ended appeasement of Iran will replicate the Nixon-Kissinger triumph with China. But they made no concessions to the Chinese: They agreed that there was one China but that Taiwan would not be reunited with the mainland by force, and it has not been.

Mr.Obama is handing Iraq to Iranashe gives Iran a green light to nuclear weapons,at the latest in ten years, as he unblocks $150 billion that has been frozen,without even getting a reduction in rhetorical abusefrom Tehran. Tom Friedman of theNew York Timesinfamously called it a “doctrine,” in the sense of the Stimson or Truman or Nixon doctrines.

But insipidity, irresolution, and obfuscation do not constitute a doctrine.

America’s traditional allies havelost all respect for [Obama's] foreign-policy-making...


As the U.S. cranks up to another presidential election, and rhetoric echoes loudly around the country about “the greatest nation in human history” (certainly a fair description in many respects),Americans should be aware of how the country is perceivedby foreigners. .... it has almost become, as President Nixon warned,“a pitiful, helpless giant.”
Incredulity Among Allies Greets U.S. Policy After Years of Folly - The New York Sun


"...insipidity, irresolution, and obfuscation do not constitute a doctrine."



And theObama legacy: America as “a pitiful, helpless giant.”



And....after the above list ofObama's gaffes, flubs, missteps, and outright incompetence......


23. "Russia and Nato 'actively preparing for war'
Rival war games by Russian armed forces and Nato represent greatest build up of military tension in Europe since Cold War, warns think tank"
http://www.telegraph.co.uk/news/wor...ssia-and-Nato-actively-preparing-for-war.html


24.." Five Chinese navy ships are currently operating in the Bering Sea off the coast of Alaska, Pentagon officials said Wednesday, marking the first time the U.S. military has seen them in the area.

The officials have been tracking the movements in recent days of three Chinese combat ships, a replenishment vessel and an amphibious landing ship after observing them moving toward the Aleutian Islands, which are split between U.S. and Russian control.

.... the Chinese naval movements, which came as PresidentBarack Obamawas visiting Alaska and the Arctic region on a three-day trip toaddress climate change."Five Chinese Navy Ships Are Operating in Bering Sea off Alaska

25. "Remember Obama Mocking Romney Over Russia Concerns? ‘The 1980s Are Now Calling to Ask for Their Foreign Policy Back... First Sarah Palin wasproven rightabout her Russia-invading-Ukraine prediction she made — and got mocked for — in 2008.

Now it’s Mitt Romney’s turn to take a bow for having “clear eyes” on Russia’s future threat potential." http://www.theblaze.com/stories/201...calling-to-ask-for-their-foreign-policy-back/

26. This was published the day after the ISIS attack on Paris:
"Kevin (not only is this) an ISIS attack, but its coordinated at a level to take a large loss of life. This is the nightmare scenario we are constantly having to be prepared for from radicalized Islam… But we knew ISIS was a threat a year before the president ever called them the JV team. And we have to kill them before they kill us.”

Run the tape back to that morning on a nationally televised morning show, President Obama, “ISIL has been contained.” Run the tape back to President Obama’s statement immediately following the attacks in Paris, “We must stop those who do these crimes.” (You know… crimes… like the cat-burglars.)

Was there any reason why the president never mentioned Islam in his statement following the Paris attacks?

The president couldn’t wait to gloat over the kill shot of bin Laden (who was really mostly out of the picture by the time we finally got him.) He couldn’t wait to golf when Jihadi John had beheaded an American journalist. He couldn’t wait to goof on the families of our service men who lost their lives in Benghazi. And he was back to gloating when they believed they got the jihadi beheader this week."http://townhall.com/columnists/kevi...5/how-obama-contained-isis-n2080961/page/full


27. "America is about to accept9000 Syrian Muslims, refugees of the brutal war between the Assad regime and its Sunni opposition, which includes ISIS, Al Qaeda, and various other militias. That number is predictedto increase each year.
There are no Christian refugees that will be admitted.

...the Department of State is adhering with all the rigidity of a Soviet era bureaucracy to the rule that only people at risk from massacres launched by the regime qualify for refugee status.The rapes of Christian women and the butchery of Christianchildren do not count. " No room in America for Christian refugees


28. "It is clearly evident that President Barack Obama and his administration care little about reality but will push ahead with their ideological agenda.

Here we are just days after a horrific Islamic terror attack in Paris and what is the Obama administration response? They release five Yemeni detainees from Guantanamo Bay to the United Arab Emirates."Complete madness: As Paris mourns, Obama just did the UNTHINKABLE - Allen B. West - AllenBWest.com


29. "Not radical Muslim terrorism, not an unsecured border, not an ever-growing federal debt that now exceeds $18 trillion, not the fact that 109 million live in households on federal welfare programs. These are not the greatest threats facing us today."

"No challenge--no challenge--poses a greater threat to future generations than climate change," President Obama declared in his State of the Union Address on Tuesday night.


30. "Ex-Guantanamo detainee now an al Qaeda leader in Yemen His personal relationship with Osama bin Laden and time in American detention make him an especially high-profile spokesman. A leaked Joint Task Force Guantanamo (JTF-GTMO)threat assessmentand other declassified files documented Qosi’s extensive al Qaeda dossier. In the threat assessment, dated Nov. 15, 2007, US intelligence analysts described Qosi as a “high” risk to the US and its allies."http://www.longwarjournal.org/archi...-detainee-now-an-al-qaeda-leader-in-yemen.php

31. "A House Armed Services Committee report set to be released Thursday accuses the Obama administration of misleading Congress and violating federal law during a controversial prisoner exchange.The report compiled by the GOP majority charges that the administration did so when it bypassed Congress in negotiating the exchange of five Taliban prisoners for U.S. Army Sgt. Bowe Bergdahl, who was being held in Afghanistan. They suggested that the White House had put politics and expediency ahead of proper procedure in making the deal."https://pjmedia.com/trending/2015/1...a-violated-federal-law-with-bergdahl-exchange


32. "Obama Campaign Team Arrives in Israel to Defeat Netanyahu in March ElectionsJust days after the Obama White House accused House Speaker John Boehner of “breaking protocol” by inviting Israeli Prime Minister Benjamin Netanyahu to address a joint session of Congress, a team of up to five Obama campaign operatives has reportedly arrived in Israel to lead a campaign to defeat the Israeli Prime Minister in upcoming national elections scheduled for March 17, 2015" Obama Campaign Team Arrives in Israel to Defeat Netanyahu in March Elections - Breitbart

33. September 25, 2012, speech to the United Nations General Assembly: "Make no mistake: A nuclear-armed Iran is not a challenge that can be contained...the United States will do what we must to prevent Iran from obtaining a nuclear weapon."

Obama's Crystal-Clear Promise to Stop Iran From Getting a Nuclear Weapon


a. "Obama's Unforgivable Betrayal The president's nuclear accommodation of radical Islamist theocrats threatens Israel's survival." Obama's Unforgivable Betrayal


34. . "When you look at the diplomatic insults and the hatred the Obama administration has poured on Israel and Prime Minister Benjamin Netanyahu, when you look at the pressure this administration has put on Israel to negotiate with people who use terrorism, and when you look at how openly it has enabled Iran to obtain nuclear weapons and ballistic missiles, ...

".... in ending economic sanctions as part of the [Iran] nuclear deal, the Obama administration just gave over $100 billion to Iran, the top terrorist-sponsoring nation in the world—by far! Iran is famous for sponsoring some of the most violent terrorists on Earth, terrorists who continually attack Jews.

Iran has promised to wipe Israel off the map.

It supports Islamic terrorists who want to do the same.

And they want to wipe President Obama’s own nation off the map as well!

They call America the “big Satan” and the Jewish state the “little Satan.”

What Inspires President Obama's Relationship With Israel?


35. "US-backed militia groups now fighting each other in Syria
President Barack Obama's confused strategy in Syria means towns are now being fought over by different US-backed groups
If anywhere can show the consequences of American foreign policy under President Barack Obama, it may be the small town of Marea, north of Aleppo.
Analysts – and many American diplomats who have left the administration, some in disgust – say that the mess is a consequence of President Obama’s decision to support the rebellion against President Bashar al-Assad, but only half-heartedly." http://www.telegraph.co.uk/news/wor...l-groups-now-fighting-each-other-in-Syria.html

36. "Sept. 25, 2015 6:00 p.m. ET

WASHINGTON—China’s PresidentXi Jinpingmade a public commitment for the first time on Friday not to “militarize” artificial islands that Beijing has been building in the disputed South China Sea."

China’s President Pledges No Militarization in Disputed Islands

To show the depth of their respect for Barack Hussein Obama....this is how China kept its promise:

March 4, 2016

"China has stationed surface-to-air missiles on a contested island in the South China Sea and is expanding its footprint in the waterway through energetic island-building. New runways allow Chinese fighter jets to land on disputed turf, ..." China to U.S.: It's Not Us Who's Militarizing, It's You

37. "... at the end of September 2015, Vladimir Putin suddenly started moving Russian aircraft, tanks and troops into Syria. At the time, President Obama predicted the Russian intervention would fail.... Obama tries to wave away what Putin has done in Syria and Ukraine: "The fact that he invades Crimea or is trying to prop up Assad doesn't suddenly make him a player. You don't see him in any of these meetings out here helping to shape the agenda. For that matter, there's not a G20 meeting where the Russians set the agenda around any of the issues that are important."... from the narrow vantage point of Russian self-interest, Putin has pulled off another coup and shown that he is a more adept international poker player than his counterpart in Washington." How a monstrous Putin beat the U.S. in Syria

38. No Respect: Obama removes restrictions on Cuba, gets nothing in return. And....he visits, but Raul Castro couldn't be bothered to be at the airport: " As the plane landed at a rainy Jose Marti International Airport, Mr Obama tweeted: "What's up Cuba? Just touched down here, looking forward to meeting and hearing directly from the Cuban people." The president was greeted by foreign minister Bruno Rodriguez - not president Raul Castro. Instead he will hold talks with his Cuban counterpart on Monday." Obama Arrives In Cuba For Historic Visit

39. “Literally the entire national security team recommended unanimously handling Mubarak differently than we did,” Gates said. “And the president took the advice of three junior backbenchers in terms of how to treat Mubarak.” Obama was so avid to support the Muslim Brotherhood in Egypt, he went against the advice of his national security team. The Egyptian people complained that he was supporting terrorism. And they were right." Gates: Obama Went Against ‘Entire National Security Team’ on Egypt Coup | Pamela Geller "The president supported the protestors and forced Mubarak out of power, causing the Muslim Brotherhood to soon take control of the country with Islamist president Mohamed Morsi..... Former Secretary of Defense Robert Gates told Fox News that President Barack Obama ignored the advice of his “entire national security team” during the Egyptian coup in 2011 that ousted Hosni Mubarak, the country’s former president." Gates: Obama Went Against ‘Entire National Security Team’ on Egypt Coup

40. Not satisfied with supporting the Muslim Brotherhood in Egypt, Obama endrosed the group, here: " President Obama and his administration continue to support the global Islamist militant group known the Muslim Brotherhood. A White House strategy document regards the group as a moderate alternative to more violent Islamist groups like al Qaeda and the Islamic State. The policy of backing the Muslim Brotherhood is outlined in a secret directive called Presidential Study Directive-11, or PSD-11. The directive was produced in 2011 and outlines administration support for political reform in the Middle East and North Africa, according to officials familiar with the classified study." http://www.washingtontimes.com/news...-muslim-brotherhood-has-obamas-secr/?page=all

a. "The Muslim Brotherhood Terrorist Designation Act now hasbipartisan support and over 50 members of Congress are cosponsors and/or have voted in favor it. It passed the Judiciary Committee in February and directly calls out the Council on American-Islamic Relations (CAIR) as a Brotherhood front with links to Hamas.... the bill would state that Congress believes that the Muslim Brotherhood meets the criteria of a Foreign Terrorist Organization..." https://www.clarionproject.org/news/bill-designate-brotherhood-terror-org-gaining-support







Obama...as good at leading America in world events as you are in picking a leader.

 

[P@triot]

I too paid around $1.42 a gallon not too long ago and that was awesome. However, my last tank of gas was $2.54. I find it hard to believe that you are paying $1.92 right now.

Obamagas is cheap in NJ...they pump it for you too

Well it's not in the rest of the country. And more than that, Obama is the only president in U.S. history to not deliver at least one year of 3% or more GDP growth. There are more people on food stamps under Obama than any time in U.S. history and more people out of the labor force under Obama than any time in U.S. history. We also have the highest debt in U.S. history under Obama.

If this were the results of a George W. Bush presidency you would be flipping out 24x7. But because Obama is black and has a "D" behind his name, you'll lie all day long proclaiming what a "success" he has been.

Obama is the only President who had an economic metric of 3% growth in any year made up for him

That's because every other president (even the failure Jimmy Carter) managed to accomplish that. If Obama wouldn't have been such a failure, that metric wouldn't apply to him either. But it does. Why does dealing with reality bother you so much? Because it's antithetical to your ideology?

Why don't you create an economic metric on doubling the stock market, creating 9 million jobs and dropping the unemployment rate from 10.1% down to 4.7%?

Because none of that happened. That's why. Unemployment still exceed double-digits (over 94 million people dropped out of the labor force). He still has a net loss of over 1 million jobs during his time in office. And he still got all of those results despite spending to the point where he has the U.S. government on the verge of collapse.

 

[initforme]

OK so instead of crying list what needs to be done by trump to bring back millions of jobs that pay at least 20 dollars per hour. Do NOT refer to anything less than that as a real job.

 

[Juan de Fuca]

President Obama was, is, and always will be the superior choice to both of his opponents for President. Much like HRC is the clear superior choice to Drumpf.

Yes, as Brezhnev was superior to Khrushchev. Still, both were Commies.

Well, if you guys had been skilled enough to install McCain, we’d still be Iraq for 96 more years. So there is that.

"Well, if you guys had been skilled enough to blah blah blah..."

Au contraire...

If only you had been wise enough to follow the instructions and advice of your betters....those of us who saw the debilitation to come.



Truth is, you would have pulled any lever that said 'Democrat,' even if George Washington had been the opponent.

Probably, and 5 months from today you will be calling Hillary Madam President and will fade into obscurity while we enter a new era of liberal excellence.

 

[Moxie2]

President Obama was, is, and always will be the superior choice to both of his opponents for President. Much like HRC is the clear superior choice to Drumpf.

Yes, as Brezhnev was superior to Khrushchev. Still, both were Commies.

Well, if you guys had been skilled enough to install McCain, we’d still be Iraq for 96 more years. So there is that.

Yea... and ISIS would be history.

 

[PoliticalChic]

OK so instead of crying list what needs to be done by trump to bring back millions of jobs that pay at least 20 dollars per hour. Do NOT refer to anything less than that as a real job.

Where did you see a reference to "trump (sic)"?????

That's what you took from this thread?

IQ, when it applies to you, should be written in lower case.

 

[PoliticalChic]

President Obama was, is, and always will be the superior choice to both of his opponents for President. Much like HRC is the clear superior choice to Drumpf.

Yes, as Brezhnev was superior to Khrushchev. Still, both were Commies.

Well, if you guys had been skilled enough to install McCain, we’d still be Iraq for 96 more years. So there is that.

"Well, if you guys had been skilled enough to blah blah blah..."

Au contraire...

If only you had been wise enough to follow the instructions and advice of your betters....those of us who saw the debilitation to come.



Truth is, you would have pulled any lever that said 'Democrat,' even if George Washington had been the opponent.

Probably, and 5 months from today you will be calling Hillary Madam President and will fade into obscurity while we enter a new era of liberal excellence.

And, once again....a post that indubitably proves the prescience of Queen Ann:
. "Principle is nothing to liberals. Winning is everything."

 

[initforme]

Well out choices ate trump and Hillary correct? So it lends to reason that one of those two is going to be elected. And Hillary is an extension of Obama. So my statement still stands. Upon election, in your estimation, what exactly should he do, if elected, to bring back millions of high paying jobs? No need for the little insults.