Obamacare Economy: 7 Years, 16 million Jobs Created, Middle Class Incomes Up $3K

[TyroneSlothrop]

You realize that the idiot you are addressing was caught Talking Pointing....

Please take note that the Idiot carries a fake George Carlin quote in every post as his Hallmark of Stupid.......

 

[IcebergSlim]

It is assuming that idiots like you and Obama that think stupidly "single payer" is the answer convince other idiots to do "single payer".
If that is the case what happens to the 1,400 companies and their 450,000 employees?
Health Insurance Plan Rankings

Who cares?

The private health insurance model is obscenely inefficient.....if they don't add value, get them the fuck off the tit....

Are you still mourning the dramatic loss of farrier employment?

How in the hell do you KNOW they are "obscenely inefficient"? Dummy! Do you know what an EDI 270 is? Or how a claim is filed, much less what a CPT code is?
Or do you know what the Medical Loss Ratio (MLR) is and how it is used?
Of course not you are a really ignorant person making that stupid comment!
Hey... Tell me what does HIPAA stand for or better yet what is the PHI mean and what does it do to health care costs?

gee.


that's a fucking stumper......(you have no idea what is meant by "efficiency" do you?)

spot the outlier....

And once again your stupidity is showing!
How many Slovenians have Replacement of thigh bone and hip joint prosthesis --- HCPCS Code: 27130 or
Hyaluronan or derivative, synvisc or synvisc-one, for intra-articular injection, 1 mg --- HCPCS Code: J732
Or better yet... Why In 2013, Canadians, on average, faced a four and a half month wait for medically necessary treatment after referral by a general practitioner.
This wait time is almost twice as long as it was in 1993 when national wait times were first measured.\
Or maybe it is what The Fraser Institute, a Canadian public policy think tank, estimates that 52,513 Canadians received non-emergency medical treatment in the U.S. and other countries in 2014, a 25 percent jump from the roughly 41,838 who sought medical care abroad the previous year.
https://www.usnews.com/news/best-co...dians-increasingly-come-to-us-for-health-care

And of course we need to look at Portugal's health care system???
Depending on where you come from, you may find the health care quality of Portugal below the standards you are used to have, most especially if you are from the United States and Northern Europe. Health Care in Portugal
But of course that's why they are ranked right after Slovenia !

look at you posting factual data. holy smokes, they're going to blow their lid.

Do you think the chart which caused his head to explode was fashioned from pussy willows and cat tails?

Now that we've got that worked out, why don't you explain to me how the idiot's bleat in any way addressed THE POINT.

 

[IcebergSlim]

You realize that the idiot you are addressing was caught Talking Pointing....

Please take note that the Idiot carries a fake George Carlin quote in every post as his Hallmark of Stupid.......

Andaron would give AntHole a run for his money.....

 

[IcebergSlim]

Sure..


List the top 3 presidential terms with respect to private sector employment gains....

just the 3 top...

And just think how this anemic president's record for GDP growth the worst in modern history could have been if Obama wasn't so anti-business to want to
destroy 1,400 companies, put 450,000 people out of work... and actively work to kill jobs by encouraging foreign countries the USA will be their best consumers!
Worst. President. Ever: Obama First President EVER to Not Reach 3% GDP Growth
Worst. President. Ever: Obama First President EVER to Not Reach 3% GDP Growth

Again?


You and the Pundit are a pair of fucking morons....




Go get your HelloKitty 4 Function calculator, credulous imbecile

Federal Reserve Economic Data
Link: Federal Reserve Economic Data | FRED | St. Louis Fed
Economic Research Division
Federal Reserve Bank of St. Louis
A191RL1Q225SBEA Real Gross Domestic Product, Percent Change from Preceding Period, Quarterly, Seasonally Adjusted Annual Rate

2014-04-01 4.0
2014-07-01 5.0
2014-10-01 2.3
2015-01-01 2.0


Add these 4 numbers and divide by 4.........POST YOUR RESULT!

4 Consecutive quarters equal 1 year....


Then we will go into greater detail.

Let's see... You are saying that 3/4 of 2014 and 1/4 of 2015 makes one year?
Not the way it works.

Barack Obama Is Now The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge
View attachment 124156
View attachment 124156

4 consecutive quarters make a year....ALWAYS have....

it is EXACTLY the way it works......calendar year numbers are only relevant as "the trailing 12" for 90 days each year....

It's called a fiscal year. but don't bother looking it up. we all understand your loss of direction.

Allow me to demonstrate what a fucking moron you are...


Whose "fiscal year"?

and what does GDP have to do with "Fiscal Year"?

 

[easyt65]

We now have 7 full years of economic data since President Obama signed the Affordable Care Act (ACA or “Obamacare”). So, as Republicans in Washington continue their relentless assault on the ACA, it’s a good time to take stock of how America actually fared in the Obamacare Economy.

Before turning to the facts, a reminder of the narrative that the GOP has been pushing about the ACA for so long:

“It will bankrupt our nation, and it will ruin our economy! … This health care law … is already destroying jobs in our country.” —

John Boehner, 2011

“We now know that Obamacare has been one of the single biggest drags on job creation since early 2010.” — Mitch McConnell, 2012

“[T]his is going to blow a hole through the deficit even more than we had already thought.” — Paul Ryan, 2012

“Obamacare is directly responsible for destroying jobs and lowering wages for workers” — Senate Republican Policy Committee, 2014

“It is the biggest job-killer in this country.” — Ted Cruz, 2016

“Obamacare is devastating businesses." — Donald Trump, 2016

“Obamacare … this disastrous policy that's been killing jobs." — Mike Pence, 2016

Let’s tackle these false “job-killing, wage-reducing, deficit-busting” myths one by one:

The Obamacare Economy: 7 Years, 16 Million Jobs Created, Middle-Class Incomes Up $3K

Regarding Obama's Economic Legacy and record, 'Pocahontas', D-Elizabeth Warren, - the potential 2020 DNC Presidential Candidate - declared Obama 'talks about a set of big national statistics that look shiny and great but increasingly have giant blind spots'

"Senator Elizabeth Warren (D-Mass.) continued her criticism of her own party by taking on former President Obama over the state of working class Americans."

- Liz Warren slams Obama and Democrats for ignoring the working class

Of Obama's legacy economy, Warren declared: “The lived experiences of most Americans is that they are being left behind in this economy,” Warren continued. “Worse than being left behind, they’re getting kicked in the teeth.”


Like Sanders, from whom the DNC 'stole' the nomination from by rigging the primaries and cheating during debates, Warren believes Obama's economic legacy was not a success, that it failed Americans - (kicking them in the teeth), and that those Americans were left behind by Obama and the DNC, which is why Hillary / Democrats lost the 2016 election.

For once, she's right.

 

[TyroneSlothrop]

Please take note that the Idiot carries a fake George Carlin quote in every post as his Hallmark of Stupid......
Andaron would give AntHole a run for his money.....

A worthy adversary Indeed.....

 

[Faun]

We now have 7 full years of economic data since President Obama signed the Affordable Care Act (ACA or “Obamacare”). So, as Republicans in Washington continue their relentless assault on the ACA, it’s a good time to take stock of how America actually fared in the Obamacare Economy.

Before turning to the facts, a reminder of the narrative that the GOP has been pushing about the ACA for so long:

“It will bankrupt our nation, and it will ruin our economy! … This health care law … is already destroying jobs in our country.” — John Boehner, 2011

“We now know that Obamacare has been one of the single biggest drags on job creation since early 2010.” — Mitch McConnell, 2012

“[T]his is going to blow a hole through the deficit even more than we had already thought.” — Paul Ryan, 2012

“Obamacare is directly responsible for destroying jobs and lowering wages for workers” — Senate Republican Policy Committee, 2014

“It is the biggest job-killer in this country.” — Ted Cruz, 2016

“Obamacare is devastating businesses." — Donald Trump, 2016

“Obamacare … this disastrous policy that's been killing jobs." — Mike Pence, 2016

Let’s tackle these false “job-killing, wage-reducing, deficit-busting” myths one by one:

The Obamacare Economy: 7 Years, 16 Million Jobs Created, Middle-Class Incomes Up $3K

SO this is good news to show that IN SPITE OF OBAMA'S HATRED OF BUSINESSES (except those that pay his $400,000 per speech fee!)
our economy at least survived.
Think how much better we all would have been if Obama hadn't made statements like these anti-business, anti-tax revenue generators!

Obama wanted to bankrupt 1,400 companies, that pay $100 billion a year in taxes and unemploy 450,000 people that work for these companies!
(Obama told us he favored a "single payer health system... so what happens to the above?)
" if somebody wants to build a coal plant, they can – it’s just that it will bankrupt them.” (Pretty easy way of increasing unemployment.)
"I prefer higher gas prices". (And Obama signed 40% fewer Federal oil lease exploration then Bush).
Obama said ...."...Brazil to develop oil and that the USA will be their best customer"!
"Under my plan of a cap and trade system, electricity rates would necessarily skyrocket." (That certainly puts a dent in the pocketbook..._

And these are just a few of the remarks that show how much Obama hated businesses, tax payers, and all the facets that help make the USA better.

Admit it -- it just kills you that millions of jobs were added while Obama was president. You wanted him to be a monumental failure like his predecessor who created barely a million jobs in 8 years and actually lost jobs in the private sector.

 

[TyroneSlothrop]

Admit it -- it just kills you that millions of jobs were added while Obama was president. You wanted him to be a monumental failure like his predecessor who created barely a million jobs in 8 years and actually lost jobs in the private sector.

 

[IcebergSlim]

Sure..


List the top 3 presidential terms with respect to private sector employment gains....

just the 3 top...

And just think how this anemic president's record for GDP growth the worst in modern history could have been if Obama wasn't so anti-business to want to
destroy 1,400 companies, put 450,000 people out of work... and actively work to kill jobs by encouraging foreign countries the USA will be their best consumers!
Worst. President. Ever: Obama First President EVER to Not Reach 3% GDP Growth
Worst. President. Ever: Obama First President EVER to Not Reach 3% GDP Growth

Again?


You and the Pundit are a pair of fucking morons....




Go get your HelloKitty 4 Function calculator, credulous imbecile

Federal Reserve Economic Data
Link: Federal Reserve Economic Data | FRED | St. Louis Fed
Economic Research Division
Federal Reserve Bank of St. Louis
A191RL1Q225SBEA Real Gross Domestic Product, Percent Change from Preceding Period, Quarterly, Seasonally Adjusted Annual Rate

2014-04-01 4.0
2014-07-01 5.0
2014-10-01 2.3
2015-01-01 2.0


Add these 4 numbers and divide by 4.........POST YOUR RESULT!

4 Consecutive quarters equal 1 year....


Then we will go into greater detail.

You are of course taking year span lapsing 2 years, but it does meet criteria of annual 3%+ growth...just not 3%+ within same year, which is a superficial difference anyway.

Besides, you take Bush's bubble-about-to-explode growth out and he never had one either...but he did have GREAT FUCKING RECESSION, while Obama's record is recession-free.

But you fail to understand....

The Gateway Pundit was desperate to come up with something for the Faithful......It wouldn't do to let the Largest YoY increase in real Median Household Income, and the 3rd highest increase in private sector employment among all presidential terms, stand unsullied.


And there is something else these idiots don't know......(I know....that list is inexhaustible)

so why all the unemployed under obummer? Why are 49% of the people on welfare way up over Bush? Sorry son, but your dots don't connect. but nice try to fake it.

so why all the unemployed under obummer?​

They were yet another tragic legacy of

Bush On Jobs: The Worst Track Record On Record

how bad?


Are you sitting down, cause it's about to get ugly up in here.......


Link: Federal Reserve Economic Data | FRED | St. Louis Fed
Economic Research Division
Federal Reserve Bank of St. Louis
USPRIV All Employees: Total Private Industries, Thousands of Persons, Monthly, Seasonally Adjusted
(in, 000s)

2001-02-01

111872

2009-02-01

110775

Is the 2009 number LARGER or SMALLER than the 2001 number?

That means, on a net basis, NO ONE got a private sector job in the course of 8 YEARS!

Why are 49% of the people on welfare way up over Bush?
​

Why don't you tell me who told you to think so.....Then I can go to the source to figure out what instruction you've so badly butchered....

But you know what I will never see?

The data.....

That said, you are being told "welfare" as a proxy for a vast number of things, including Social Security. When pressed for detail, some ambitious moron will pipe up with "FOOD STAMPS"....

Let me, once again, establish, beyond a shadow of a doubt, that you are a moron.


What was the % increase in food stamp rolls from 2001-2009?

How about from 2009 - 2016?

Be sure to provide your sources...

 

[IcebergSlim]

Admit it -- it just kills you that millions of jobs were added while Obama was president. You wanted him to be a monumental failure like his predecessor who created barely a million jobs in 8 years and actually lost jobs in the private sector.

Now adjust for GUBMINT jobs, and watch some tiny heads explode....

 

[IcebergSlim]

We now have 7 full years of economic data since President Obama signed the Affordable Care Act (ACA or “Obamacare”). So, as Republicans in Washington continue their relentless assault on the ACA, it’s a good time to take stock of how America actually fared in the Obamacare Economy.

Before turning to the facts, a reminder of the narrative that the GOP has been pushing about the ACA for so long:

“It will bankrupt our nation, and it will ruin our economy! … This health care law … is already destroying jobs in our country.” —

John Boehner, 2011

“We now know that Obamacare has been one of the single biggest drags on job creation since early 2010.” — Mitch McConnell, 2012

“[T]his is going to blow a hole through the deficit even more than we had already thought.” — Paul Ryan, 2012

“Obamacare is directly responsible for destroying jobs and lowering wages for workers” — Senate Republican Policy Committee, 2014

“It is the biggest job-killer in this country.” — Ted Cruz, 2016

“Obamacare is devastating businesses." — Donald Trump, 2016

“Obamacare … this disastrous policy that's been killing jobs." — Mike Pence, 2016

Let’s tackle these false “job-killing, wage-reducing, deficit-busting” myths one by one:

The Obamacare Economy: 7 Years, 16 Million Jobs Created, Middle-Class Incomes Up $3K

Regarding Obama's Economic Legacy and record, 'Pocahontas', D-Elizabeth Warren, - the potential 2020 DNC Presidential Candidate - declared Obama 'talks about a set of big national statistics that look shiny and great but increasingly have giant blind spots'

"Senator Elizabeth Warren (D-Mass.) continued her criticism of her own party by taking on former President Obama over the state of working class Americans."

- Liz Warren slams Obama and Democrats for ignoring the working class

Of Obama's legacy economy, Warren declared: “The lived experiences of most Americans is that they are being left behind in this economy,” Warren continued. “Worse than being left behind, they’re getting kicked in the teeth.”


Like Sanders, from whom the DNC 'stole' the nomination from by rigging the primaries and cheating during debates, Warren believes Obama's economic legacy was not a success, that it failed Americans - (kicking them in the teeth), and that those Americans were left behind by Obama and the DNC, which is why Hillary / Democrats lost the 2016 election.

For once, she's right.

Look away from the numbers, Ease.........they will only confuse you....

 

[easyt65]

Look away from the numbers, Ease.........they will only confuse you....

As D-Warren pointed out, Obama's self-promoting numbers and Polls prove, numbers can be manipulated and used to convince the simplest minds of almost anything.

 

[TyroneSlothrop]

Look away from the numbers, Ease.........they will only confuse you....

As D-Warren pointed out, Obama's self-promoting numbers and Polls prove, numbers can be manipulated and used to convince the simplest minds of almost anything.

Like for instance "Max out your Credit Card to Trump University and a Magic Genie will appear and make you a millionaire"

 

[easyt65]

Look away from the numbers, Ease.........they will only confuse you....

As D-Warren pointed out, Obama's self-promoting numbers and Polls prove, numbers can be manipulated and used to convince the simplest minds of almost anything.

Like for instance "Max out your Credit Card to Trump University and a Magic Genie will appear and make you a millionaire"

Trying to distract from the fact that D-Warren just declared Obama's 'successful' legacy economy was a failure that not only left Americans behind but is still kicking them in the teeth? Too funny.....

 

[IcebergSlim]

Look away from the numbers, Ease.........they will only confuse you....

As D-Warren pointed out, Obama's self-promoting numbers and Polls prove, numbers can be manipulated and used to convince the simplest minds of almost anything.

Like for instance "Max out your Credit Card to Trump University and a Magic Genie will appear and make you a millionaire"

Trying to distract from the fact that D-Warren just declared Obama's 'successful' legacy economy was a failure that not only left Americans behind but is still kicking them in the teeth? Too funny.....

No....you tried to distract from THE FACTS with someone's opinion.....

The Facts remain unsullied.

 

[jc456]

The chart goes to 2015, moron.

No it doesn't moron

here is one that does:

So the net was negative for his administration - and still considerably below the value in 2000

Did Obama's predecessor exceed the high point of the administration prior?

I would be the last person to defend Bush's record.

You couldn't even bring yourself to answer the question....

How about this one -

How many votes did you cast for Scrub?

hahahhahaha, like AL Gore or John Kerry. Really? too funny. Let's face it, we have had candidates that leave a lot in question. Bush was necessary for the 9/11 event. A dem would have destroyed the US. So yeah, two votes for Bush. Now how many libturds did you vote into the congress during the last year of Bush's run? See now there is the real issue. The ones writing the laws. you simpletons have erased the bank scandal created by the dems in those last three years. Dodd, Frank maybe?

keep your heads up your ass and never admit anything. I can at least admit that Bush handled the last two years badly. he should have tested the dems and didn't. I am disappointed. Doesn't mean it didn't need my vote to stop the dems. I'm just saying.

 

[IcebergSlim]

Look away from the numbers, Ease.........they will only confuse you....

As D-Warren pointed out, Obama's self-promoting numbers and Polls prove, numbers can be manipulated and used to convince the simplest minds of almost anything.

Explain to me how nominal employment data can be "manipulated"....

Then tell me how the 2nd order effects can be faked.


We are about to see who is "the simplest of minds"....

 

[easyt65]

No....you tried to distract from THE FACTS with someone's opinion.....The Facts remain unsullied.

Wrong. I was pointing out that Obama's fellow Democrat, D-Warren, just stated his / snowflake 'facts' are just OPINION.

 

[jc456]

So the net was negative for his administration - and still considerably below the value in 2000

Median income: The jump in median income was one of the largest annual increases Census has recorded. The growth was also widespread, with geographic regions and races (except for Asians) seeing increases.

Behind the pay hike is the big increase in employment, Census officials said. Some 3.3 million more Americans were working full-time, year-round, pushing up median income. Some 1.4 million more men and 1 million more women had jobs last year.


"Strong labor markets make a big difference in helping to connect low- and middle-income working families to the broader economy," said Jared Bernstein, senior fellow at the Center on Budget and Policy Priorities.

Median income jumps 5.2% in 2015


Note the underlined....what do you figger will happen to real median household income consequent to a Lost Decade where private sector payrolls SHRANK over the course of 8 years?

Of course, it still didn't make up for the decline that occurred during his administration. The net result is that average income declined under Obama, It sill hasn't risen above the level we enjoyed in 2000. That's a record no sane person would crow about.

Bri,

Why are you still here? Have you no shame?

The "decline" occurred because a guy for whom you cast 2 enthusiastic votes left the US (and world) economy a smoking crater. This was, by far, the worst economic disaster to befall the nation since The Great Depression. That labor markets have recovered to their present state is a miracle. The ONLY way income were going to rise was if the economy could generate enough jobs to make up for the slack of the previous 8 years......that "slack" represented about 8 million private sector jobs....

And unlike every other post WW2 recovery, this one - in the wake of the WORST recession during that time - had to proceed without the benefit of discretionary fiscal lift.

In fact, the recovery in labor markets was strong enough to grow real median household income at the highest annual rate recorded, in 2014.

You liberals love to fuck things up then blame others when the shit hits the fan. That disaster was caused by Bill Clinton and then when it was pointed out the failings that were going to occur, good ole liberals Barney Frank, Maxine Waters, and Chris Dodd, used the race card to keep the program going. You mother fuckers never take responsibility for your screwed up actions. This is why liberals are the stupidest people in the Universe.

Clinton's Legacy: The Financial and Housing Meltdown

Then why is Clinton culpable? Because his secretary of housing and urban development, Andrew Cuomo, current governor of New York and a likely 2016 presidential aspirant, accelerated easy-housing policies and inflated the housing bubble, setting the stage for its collapse.

You liberals love to fuck things up then blame others when the shit hits the fan. ​

5, 4, 3, 2......

That disaster was caused by Bill Clinton ​

Just another of the many reasons why you are Bripat's Moron-in-Waiting.

he was spot on. too bad for a you.

 

[AntonToo]

No it doesn't moron

here is one that does:

So the net was negative for his administration - and still considerably below the value in 2000

Did Obama's predecessor exceed the high point of the administration prior?

I would be the last person to defend Bush's record.

You couldn't even bring yourself to answer the question....

How about this one -

How many votes did you cast for Scrub?

hahahhahaha, like AL Gore or John Kerry. Really? too funny. Let's face it, we have had candidates that leave a lot in question. Bush was necessary for the 9/11 event. A dem would have destroyed the US. So yeah, two votes for Bush. Now how many libturds did you vote into the congress during the last year of Bush's run? See now there is the real issue. The ones writing the laws. you simpletons have erased the bank scandal created by the dems in those last three years. Dodd, Frank maybe?

keep your heads up your ass and never admit anything. I can at least admit that Bush handled the last two years badly. he should have tested the dems and didn't. I am disappointed. Doesn't mean it didn't need my vote to stop the dems. I'm just saying.

Love it!

A whole system of Presidential performance analysis built on baseless fantasies about Democrats destroying United States, conveniently divorced from economic concern.

"yea he started a 10 year war of convenience...but at least he didn't destroy United States....by....well...ummm...well...you know how them Democrats do."