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re: Without media protection, Obama is a colossal failure

Posted on 4/4/17 at 8:08 am to
Posted by PoundFoolish
East Texas
Member since Jul 2016
3724 posts
Posted on 4/4/17 at 8:08 am to
quote:

I show two charts with facts and you link an opinion piece from the National Review. You should look up confirmation bias and then find a mirror.


Seeing as you were too lazy to actually read through the article . . . here ya go
quote:

While Obama can talk the bark off a banyan tree, he cannot make Americans hallucinate prosperity. Here is the sad picture they actually see.

The unemployment rate has improved significantly, from 7.8 percent at Obama’s January 20, 2009, inauguration to 5.0 percent in April. However, as more and more Americans stop looking for work, the Labor Force Participation Rate on Obama’s watch has fallen from 65.7 percent to 62.8 percent, a level last measured before Obama in March 1978. Since Obama took office, this metric has slid 4.1 percent.

Last month saw the creation of 160,000 jobs, a widely panned number, and much below the 200,000-plus jobs generated in five of the last six months. Nothing about the latest employment report spells “boom.”

Meanwhile, annualized GDP growth nearly stalled in the first quarter at a meager 0.5 percent. This is down from already tepid 1.4 percent growth in the fourth quarter of 2015.

Obama is the only U.S. chief executive in history not to preside over even a single year with 3 percent GDP growth, as the Institute for Policy Innovation’s Tom Giovanetti observes: ‘From 1790 to 2000, U.S. real GDP growth averaged 3.79 percent,’ entrepreneur Louis Woodhill explained at RealClearMarkets. He expects final figures to show that ‘2015 will have been the tenth year in a row that real GDP growth came in at under 3.0 percent.’

During the Obama years, the number of Americans below the poverty line is up 3.5 percent. Real median household income: down 2.3 percent. Americans on Food Stamps — 33 million then, 46 million now: up 39.5 percent. Americans who own homes: down 5.6 percent.

National debt — $10.63 trillion then vs. $19.19 trillion last Wednesday: up 80.5 percent.
This post was edited on 4/4/17 at 8:13 am
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