Hutch Starskey
Diamond Member
- Mar 24, 2015
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Pure trolling.Yup! Best president since Lyndon Baines Johnson. Also the most consequential.
That was the moron who actually posted this:
"All You Have To Know About Obama
- Best president in over 50 years
- Restored respect for America globally"
All You Have To Know About Obama
You've never been able to refute that, hence my 'Location'.
Of course I have.
That's why you are the laughing stock of the board.
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 - FactCheck.org
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.”
http://bizbeatblog.dallasnews.com/2...if-spending-or-tax-changes-are-not-made.html/
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."
http://washington.cbslocal.com/2014...-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." http://www.breitbart.com/big-govern...more-american-businesses-dying-than-starting/
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." http://articles.baltimoresun.com/20...30303_1_ssdi-obama-administration-entitlement
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
http://www.nationalcenter.org/P21PR-Immigrants_Health_Schools_090214.html
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..." http://www.pewresearch.org/key-data-points/us-economy/
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. http://www.forbes.com/sites/peterferrara/2011/05/05/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%, ..." http://www.forbes.com/sites/samanth...00-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,..." http://dailycaller.com/2015/03/06/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/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." 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/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." 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
68. White House Cuts Economic Growth Forecasts
Budget office sees 1.9% growth in 2016, 2.5% in 2017 http://www.wsj.com/articles/white-house-cuts-economic-growth-forecasts-1468601249
69. "20 million college grads living with their parents, courtesy of Obama ...reflects how dismal the economy still is today. Today we have college grads — along with working moms and 60-somethings — flipping burgers at Wendy’s and stocking the aisles at Walmart. Left-wing groups and union leaders are now demanding “a living wage” for jobs that were never intended to be held by heads of households. Who’s against higher wages for American workers? But wasn’t this what Obamanomics was supposed to deliver?
Seven years ago, Barack Obama promised a progressive workers paradise — a recovery from recession that would leave no one behind. Hope and Change would deliver high employment and rising wages. No one bought into this idyllic vision more than college kids.
President Obama and his supporters proclaim that he has saved America from the second Great Depression — a message we will hear again over and over in the months ahead. But even his own voters don’t believe him anymore ..." http://newbostonpost.com/2015/09/19...-living-with-their-parents-courtesy-of-obama/
70. "94,609,000 Not in Labor Force; Participation Rate Drops to 62.8% (CNSNews.com) - In its final report before next week's presidential election, the Bureau of Labor Statistics said on Friday that 94,609,000 Americans are not in the labor force, 425,000 more than last month's 94,184,000, and the second highest number on record." http://cnsnews.com/news/article/susan-jones/americans-not-labor-force-participation-rate-risesdrops
71. (CNSNews.com) - The federal debt moved above 19,900,000,000,000 for the first time as of the close of business, Nov. 22, the Tuesday before Thanksgiving, according to data released by the Treasury.
On that day, it rose from $19,899,004,081,493.50 to $19,907,540,739,514.52." http://www.cnsnews.com/news/article/terence-p-jeffrey/federal-debt-tops-19900000000000-black-friday
72. " According to the Labor Department, 95,055,000 Americans were out of workforce in November, meaning they were neither employed nor had made an effort to find work over the previous month.
The level of Americans outside of the workforce last month — due to retirement, education, discouragement, or otherwise — represented a substantial 446,000 increase over the month of October.... 591,000 discouraged workers or those who are not looking for a job because they do not think there is a job out there for them. When President Barack Obama took office, 80,529,000 Americans were out of the workforce. That number has since grown by 14,526,000.
The workforce participation rate also dipped in November, hitting 62.7 percent, hovering around levels not seen since the 1970s." http://dailycaller.com/2016/12/02/record-95055000-americans-out-of-the-labor-force/
73. "White House Press Secretary Josh Earnest said that 805,000 manufacturing jobs have been created since President Barack Obama has been in office. In fact, there has been a net loss of 303,000 manufacturing jobs since January 2009.... Manufacturing employment was 12,258,000 in October 2016, according to the most recent estimates from the U.S. Bureau of Labor Statistics. That’s down 303,000 from the number employed in January 2009, the same month that Obama was sworn in as president. http://www.factcheck.org/2016/12/obamas-record-on-manufacturing-jobs/
74. "Record 95,102,000 Americans Not in Labor Force; Number Grew 18% Since Obama Took Office in 2009" http://www.cnsnews.com/news/article...-labor-force-number-grew-18-obama-took-office
75. BEA: 2016 GDP growth worst since 2011, dives a full point from 2015 CNNMoney
https://twitter.com/CNNMoney
✔@CNNMoney
U.S. economy slowed in the fourth quarter. For all of 2016, growth was 1.6%, weakest since 2011. http://cnnmon.ie/bkgnews
8:37 AM - 27 Jan 2017
.... a full point lower than 2015’s 2.6% growth rate — which itself wasn’t anything to write home about. Barack Obama finished his two terms as the first post-war president to fail to achieve 3% GDP growth in any year of his presidency, despite having eight chances at it."
BEA: 2016 GDP growth worst since 2011, dives a full point from 2015 - Hot Air
76. ".... calculating how much the debt increased during Obama's two terms. On January 20, 2009, when he was sworn in, the debt was $10.626 trillion. On January 20, 2017, it was $19.947 trillion. That's why most people say Obama added $9 trillion to the debt, more than any other president."
How Much Did Obama Add to the Nation's Debt?
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.
Wanna see Obama's record on foreign policy?
Just as bad.
Get it, you dunce?
You should be banned for such ridiculous posts that are intended to do nothing other than disrupt the thread.
