The numbers don't lie: here's the success of the economy under Obama

[Wyatt earp]

Watch you run away from me again snowflake..






The $830 billion spending blowout was sold by the White House as a way to keep unemployment from rising above 8%. But the stimulus would fail on its own terms. 2009 marked the first of four straight years when unemployment averaged more than 8%. And of course the unemployment rate would have been even worse in those years and still today if so many people had not quit the labor force, driving labor-participation rates to 1970s levels.


The Obama White House had been egged on by liberal economists like Paul Krugman, who in November of 2008 recommended a stimulus of at least $600 billion. Team Obama worked with Democrats in Congress to exceed his minimum request by more than 30%. But after the failure of the stimulus the same liberal economists who had enthusiastically supported the plan would claim that its main flaw was that it was too small.
Shortly after the passage of the Recovery Act in 2009, Vice President Joseph Biden urged local politicians not to spend the money on "stupid things." They ignored his advice, and so did Mr. Biden. The federal government poured billions into the government and education sectors, where unemployment was low, but spent only about 10% on promised infrastructure, though the unemployment rate in construction was running in double digits. And some of the individual projects funded by the law were truly appalling. $783,000 was spent on a study of why young people consume malt liquor and marijuana. $92,000 went to the Army Corps of Engineers for costumes for mascots like Bobber the Water Safety Dog. $219,000 funded a study of college "hookups."
In aggregate, the spending helped drive federal outlays from less than $3 trillion in 2008 to $3.5 trillion in 2009, where federal spending has roughly remained ever since.

Okay two points you're too dumb to realize:

1) Half the stimulus went to tax cuts. A large bulk went to unemployment benefits during the recession. Your bullshit source mentions like what, 100k of shit as cherry picking?

2) Also, the unemployment rate didn't budge much initially because it was while the Great Recession was still going on you dumbass. It did however reverse the jobs freefall we were in. The Great Recession ended a couple of months after the stimulus was put into law.

lol thank you for proving my point. See how you learn things when you talk to me?

The extension of unemployment benefits boosted consumer demand which created jobs.

Obama’s Economists: ‘Stimulus’ Has Cost
$275,000 per job


.

According to the Congressional Budget Office, the stimulus created 3 million private jobs. Look it up.

Link ...


If it was it was a temp job..like planting trees...


You do know what a temp job is right silly billy?


.

 

[Billy000]

Okay two points you're too dumb to realize:

1) Half the stimulus went to tax cuts. A large bulk went to unemployment benefits during the recession. Your bullshit source mentions like what, 100k of shit as cherry picking?

2) Also, the unemployment rate didn't budge much initially because it was while the Great Recession was still going on you dumbass. It did however reverse the jobs freefall we were in. The Great Recession ended a couple of months after the stimulus was put into law.

lol thank you for proving my point. See how you learn things when you talk to me?

The extension of unemployment benefits boosted consumer demand which created jobs.

Obama’s Economists: ‘Stimulus’ Has Cost
$275,000 per job


.

According to the Congressional Budget Office, the stimulus created 3 million private jobs. Look it up.

Link ...


If it was it was a temp job..like planting trees...


You do know what a temp job is right silly billy?


.

CBO: Stimulus added up to 3.3M jobs

Meh. You're too easy.

 

[Wyatt earp]

Okay two points you're too dumb to realize:

1) Half the stimulus went to tax cuts. A large bulk went to unemployment benefits during the recession. Your bullshit source mentions like what, 100k of shit as cherry picking?

2) Also, the unemployment rate didn't budge much initially because it was while the Great Recession was still going on you dumbass. It did however reverse the jobs freefall we were in. The Great Recession ended a couple of months after the stimulus was put into law.

lol thank you for proving my point. See how you learn things when you talk to me?

The extension of unemployment benefits boosted consumer demand which created jobs.

Obama’s Economists: ‘Stimulus’ Has Cost
$275,000 per job


.

According to the Congressional Budget Office, the stimulus created 3 million private jobs. Look it up.

Link ...


If it was it was a temp job..like planting trees...


You do know what a temp job is right silly billy?


.

AP Admits: Obamacare Is a Likely Factor in 'Increasing Part-Time Employment'
By Tom Blumer | July 6, 2015 | 12:25 PM EDT




Though the Associated Press is now basically admitting it, we all knew it. Obamacare's 30-hours-per-week definition of a "full-time employee" for employer health insurance coverage purposes has been responsible for one of the fundamentally negative changes in the American workforce — a noticeable move away from full-time to part-time employment.

In a report with a current Saturday morning time stamp at the AP's national web site which originally went up on Friday, the wire service's Christopher Rugaber and Josh Boak covered the "new normal" in the job market. This writeup will receive yours truly's fuller attention later. But for now, I must note that the pair's report largely abandoned the AP's and the establishment press'syears of near denial

... The number of part-timers who would prefer full-time work remains high.

About 6.5 million workers are working part time but want full-time jobs, up from 4.6 million before the recession began. This is partly a reflection of tepid economic growth. But economists also point to long-term factors: Industries such as hotels and restaurants that hire many part-timers are driving an increasing share of job growth, researchers at the Federal Reserve Bank of San Francisco have found.

As more young adults put off working, some employers are turning to older workers to fill part-time jobs. Older workers are more likely to want full-time work, raising the level of so-called involuntary part-time employment.

Many economists also point to the Obama administration's health care reforms for increasing part-time employment. The law requires companies with more than 100 employees to provide health insurance to those who work more than 30 hours.

Michael Feroli, an economist at JPMorgan Chase, says this could account for as much as one-third of the increase in part-time jobs.

 

[Wyatt earp]

lol thank you for proving my point. See how you learn things when you talk to me?

The extension of unemployment benefits boosted consumer demand which created jobs.

Obama’s Economists: ‘Stimulus’ Has Cost
$275,000 per job


.

According to the Congressional Budget Office, the stimulus created 3 million private jobs. Look it up.

Link ...


If it was it was a temp job..like planting trees...


You do know what a temp job is right silly billy?


.

CBO: Stimulus added up to 3.3M jobs

Meh. You're too easy.

Me you are ..




Again



About 6.5 million workers are working part time but want full-time jobs, up from 4.6 million before the recession began.

 

[Billy000]

lol thank you for proving my point. See how you learn things when you talk to me?

The extension of unemployment benefits boosted consumer demand which created jobs.

Obama’s Economists: ‘Stimulus’ Has Cost
$275,000 per job


.

According to the Congressional Budget Office, the stimulus created 3 million private jobs. Look it up.

Link ...


If it was it was a temp job..like planting trees...


You do know what a temp job is right silly billy?


.

CBO: Stimulus added up to 3.3M jobs

Meh. You're too easy.

Me you are ..




Again



About 6.5 million workers are working part time but want full-time jobs, up from 4.6 million before the recession began.

Oh you mean the mega recession that began under Bush and ended 6 months into Obama'a first term.

 

[Wyatt earp]

lol thank you for proving my point. See how you learn things when you talk to me?

The extension of unemployment benefits boosted consumer demand which created jobs.

Obama’s Economists: ‘Stimulus’ Has Cost
$275,000 per job


.

According to the Congressional Budget Office, the stimulus created 3 million private jobs. Look it up.

Link ...


If it was it was a temp job..like planting trees...


You do know what a temp job is right silly billy?


.

CBO: Stimulus added up to 3.3M jobs

Meh. You're too easy.

From your link dumb ass


from a low of 500,000 to a high of 3.3 million jobs.


What is it 500,000 or 3 million snowflake?

 

[Billy000]

lol thank you for proving my point. See how you learn things when you talk to me?

The extension of unemployment benefits boosted consumer demand which created jobs.

Obama’s Economists: ‘Stimulus’ Has Cost
$275,000 per job


.

According to the Congressional Budget Office, the stimulus created 3 million private jobs. Look it up.

Link ...


If it was it was a temp job..like planting trees...


You do know what a temp job is right silly billy?


.

CBO: Stimulus added up to 3.3M jobs

Meh. You're too easy.

From your link dumb ass


from a low of 500,000 to a high of 3.3 million jobs.


What is it 500,000 or 3 million snowflake?

The CBO determined it to be 2+ million as an average estimate. That's still 2x as many jobs created in both of Bush's terms.

 

[Wyatt earp]

lol thank you for proving my point. See how you learn things when you talk to me?

The extension of unemployment benefits boosted consumer demand which created jobs.

Obama’s Economists: ‘Stimulus’ Has Cost
$275,000 per job


.

According to the Congressional Budget Office, the stimulus created 3 million private jobs. Look it up.

Link ...


If it was it was a temp job..like planting trees...


You do know what a temp job is right silly billy?


.

CBO: Stimulus added up to 3.3M jobs

Meh. You're too easy.

From your link dumb ass


from a low of 500,000 to a high of 3.3 million jobs.


What is it 500,000 or 3 million snowflake?

if it was 3 million full time jobs..where???

And so obozo spent 800 billion dollars for just 3 million jobs out of a nation of 300 million people?

 

[Wyatt earp]

Obama’s Economists: ‘Stimulus’ Has Cost
$275,000 per job


.

According to the Congressional Budget Office, the stimulus created 3 million private jobs. Look it up.

Link ...


If it was it was a temp job..like planting trees...


You do know what a temp job is right silly billy?


.

CBO: Stimulus added up to 3.3M jobs

Meh. You're too easy.

From your link dumb ass


from a low of 500,000 to a high of 3.3 million jobs.


What is it 500,000 or 3 million snowflake?

The CBO determined it to be 2+ million as an average estimate. That's still 2x as many jobs created in both of Bush's terms.

We are not talking Bush and the democrats here crashing the economy..

We are talking Obamas failed policys.


.

 

[Billy000]

Obama’s Economists: ‘Stimulus’ Has Cost
$275,000 per job


.

According to the Congressional Budget Office, the stimulus created 3 million private jobs. Look it up.

Link ...


If it was it was a temp job..like planting trees...


You do know what a temp job is right silly billy?


.

CBO: Stimulus added up to 3.3M jobs

Meh. You're too easy.

From your link dumb ass


from a low of 500,000 to a high of 3.3 million jobs.


What is it 500,000 or 3 million snowflake?

if it was 3 million full time jobs..where???

And so obozo spent 800 billion dollars for just 3 million jobs out of a nation of 300 million people?

During a recession that began under a republican president. When the stimulus was passed, we were losing 500,000+ jobs per month because of failed republican policies.

 

[Billy000]

According to the Congressional Budget Office, the stimulus created 3 million private jobs. Look it up.

Link ...


If it was it was a temp job..like planting trees...


You do know what a temp job is right silly billy?


.

CBO: Stimulus added up to 3.3M jobs

Meh. You're too easy.

From your link dumb ass


from a low of 500,000 to a high of 3.3 million jobs.


What is it 500,000 or 3 million snowflake?

The CBO determined it to be 2+ million as an average estimate. That's still 2x as many jobs created in both of Bush's terms.

We are not talking Bush and the democrats here crashing the economy..

We are talking Obamas failed policys.


.

Oh right 8 years of failed economic growth under Bush is all the dems fault.

 

[Meathead]

According to the Congressional Budget Office, the stimulus created 3 million private jobs. Look it up.

Link ...


If it was it was a temp job..like planting trees...


You do know what a temp job is right silly billy?


.

CBO: Stimulus added up to 3.3M jobs

Meh. You're too easy.

From your link dumb ass


from a low of 500,000 to a high of 3.3 million jobs.


What is it 500,000 or 3 million snowflake?

if it was 3 million full time jobs..where???

And so obozo spent 800 billion dollars for just 3 million jobs out of a nation of 300 million people?

During a recession that began under a republican president. When the stimulus was passed, we were losing 500,000+ jobs per month because of failed republican policies.

find a safe space Billy. You're getting pummeled.

 

[Billy000]

Link ...


If it was it was a temp job..like planting trees...


You do know what a temp job is right silly billy?


.

CBO: Stimulus added up to 3.3M jobs

Meh. You're too easy.

From your link dumb ass


from a low of 500,000 to a high of 3.3 million jobs.


What is it 500,000 or 3 million snowflake?

if it was 3 million full time jobs..where???

And so obozo spent 800 billion dollars for just 3 million jobs out of a nation of 300 million people?

During a recession that began under a republican president. When the stimulus was passed, we were losing 500,000+ jobs per month because of failed republican policies.

find a safe space Billy. You're getting pummeled.

We both know that isn't true.

 

[Wyatt earp]

Auto bail out was really a Union pay back





Where did that money go? Mainly, it went to paying off debts owed by GM and Chrysler, and – in an historic distortion of our bankruptcy proceedings – to securing the pensions and livelihoods of UAW workers. It turns out the real debt was that of Mr. Obama to organized labor, which had ponied up some $400 million to help him defeat John McCain.



.

 

[miketx]

Here’s the verdict on that ‘terrible’ Obama economy

The U6 unemployment rate is DOWN 20% under Obama vs under Bush. Soak that in first and foremost.

Median income is up 15%

GDP is up 15%

Exports are up 22%

Manufacturing is up 14%

The DOW has doubled

THe people who made the numbers lie.

 

[Wyatt earp]

The Five biggest failures of Obamas Stimulous





Some milestones are worth celebrating. Others, we'd much rather forget. Today, sadly, is the latter. On this day in 2009, President Barack Obama signed the stimulus bill into law.

Three years and $825 billion later, the results are clear. Instead of producing an economic recovery, the stimulus produced only broken promises and massive debt. The stimulus failed—and by the president's own standards at that.



In early 2009, the incoming administration offered detailed predictions of exactly what the stimulus would accomplish. Those predictions, especially the five boldest, have proven to be terribly wrong. So on this anniversary, in lieu of gifts, let us offer the president a little accountability.

First, Obama's economic advisers promised the stimulus would keep the unemployment rate below 8 percent. In 2012, the unemployment rate was supposed to fall below 6 percent. The prediction was not meant to be taken lightly. In a January 2009 radio address, Obama announced he was releasing a report based on "rigorous analysis" that charted unemployment through 2013 so "the American people can see exactly what this plan will mean for their families."

Today, ( 2013) 12.8 million Americans are unemployed, 8.2 million cannot find enough work, and 1.1 million have given up looking for work altogether. Unemployment still remains above 8 percent, the supposed maximum rate, and certainly above 6 percent. For 36 straight months, unemployment has been higher than what the president promised. That's more than a rounding error; that is a failure of leadership.

 

[miketx]

Obastard is the worst and most failed president of all time.

 

[Wyatt earp]

Second, Obama promised the stimulus would not only have a large impact but also an immediate impact. Said the president-elect, "I'm confident ... our 21st century investments will create jobs immediately," adding, "We've got shovel-ready projects all across the country."

Those jobs never materialized, and it was not for lack of workers—or shovels. As President Obama remarked in June 2011, "Shovel-ready was not as shovel-ready as we expected." He chuckled through the mea culpa, but it's no laughing matter. Obama failed to deliver—and at great cost to taxpayers

 

[Meathead]

CBO: Stimulus added up to 3.3M jobs

Meh. You're too easy.

From your link dumb ass


from a low of 500,000 to a high of 3.3 million jobs.


What is it 500,000 or 3 million snowflake?

if it was 3 million full time jobs..where???

And so obozo spent 800 billion dollars for just 3 million jobs out of a nation of 300 million people?

During a recession that began under a republican president. When the stimulus was passed, we were losing 500,000+ jobs per month because of failed republican policies.

find a safe space Billy. You're getting pummeled.

We both know that isn't true.

No Billy, contending that Obama's economy is successful is daunting on the brightest of minds who presumably wouldn't put themselves in that situation. You, of course, are an altogether proposition in that you put yourself in this position without the wherewithal to argue night follows day.

 

[owebo]

Obastard is the worst and most failed president of all time.

Carter is pleased Obama will assume his position as the rightful worst POTUS in history.,,,