Hemiman Loc: Communist California

Figures don’t lie but liars figure.

lindajoy Loc: right here with you....

Factcheck is no proof of anything...
The economy and its standing has turned around in a short time period here because of the changes made to allow it to grow by Trump..

Doesn't take a rockett scientist to see that..

I can prove it too...Go to an unemployment office and see if there are long lines.. Look around your state at the new growth of construction companies out working.. Check your food stamp recipants, and finally sit down havevsomebcoffee and talk to people who feel things are so much better..

Screw the lyin media check it out for yourself..~~ You may just be surprised..

ldsuttonjr Loc: ShangriLa

doni: This type of lib hyperbole is not going to fly!.....Stay away from the Liberal Hobby sites, they have no oversight what-so-ever! Kinda like you!

popparod Loc: Somewhere else.

Bullshit!

Lonewolf

Nice try Don but they don't want truth trump has given them the lazy way to deal with facts that don't match his lies. Just blame someone else or cry fake news no thinking required.

pappadeux Loc: Phoenix AZ

Asuming that this is correct, what bothers me the most is the 128% increase of the national' debt of which in time will wipe out most of the positive advances stated in your "rebuttal"

Hogback

That's quite an accomplishment for a guy with only a pen and a phone!!

Radiance3

===============
Some economist rated it as 21% year-to date average from 2010. BLM run by Obama's men was not reliable at that time.

moldyoldy

Matchdoctor, somebodies blog, really reliable.
FactCheck.org is a non-partisan,[1] nonprofit[2] website that describes itself as a "'consumer advocate' for voters that aims to reduce the level of deception and confusion in U.S. politics."[3] It is a project of the Annenberg Public Policy Center of the Annenberg School for Communication at the University of Pennsylvania, and is funded primarily by the Annenberg Foundation.[3] FactCheck has won three Webby Awards in the Politics category, in 2008, 2010 and 2011.[4]

Most of its content consists of rebuttals to what it considers inaccurate, misleading, or false claims by politicians. FactCheck has also targeted misleading claims from various partisan groups.

Blade_Runner Loc: DARK SIDE OF THE MOON

The Obama Economic Record: The Worst Five Years Since World War II

In spite of the claims by President Obama’s Council of Economic Advisors regarding his administration’s economic accomplishments, the U.S. economy has grown very slowly in the years since the Great Recession of 2008-09. After four years of slow growth, the latest data reveals that the U.S. economy shrank at a 2.9 percent annual rate during the first quarter of 2014.

That figure has been widely reported, but here are some figures that have not been reported, and they are quite eye-opening:

Over the first five years of Obama’s presidency, the U.S. economy grew more slowly than during any five-year period since just after the end of World War II, averaging less than 1.3 percent per year. If we leave out the sharp recession of 1945-46 following World War II, Obama looks even worse, ranking dead last among all presidents since 1932. No other president since the Great Depression has presided over such a steadily poor rate of economic growth during his first five years in office. This slow growth should not be a surprise in light of the policies this administration has pursued.

An economy usually grows rapidly in the years immediately following a recession. As Peter Ferrera points out in Forbes, the U.S. economy has not even reached its long run average rate of growth of 3.3 percent; the highest annual growth rate since Obama took office was 2.8 percent. Total growth in real GDP over the 19 quarters of economic recovery since the second quarter of 2009 has been 10.2 percent. Growth over the same length of time during previous post-World War II recoveries has ranged from 15.1 percent during George W. Bush’s presidency to 30 percent during the recovery that began when John F. Kennedy was elected.

Economic growth is usually faster than normal following a recession as entrepreneurs find more productive ways to employ the resources that were idle during the recession. How rapidly the economy grows and recovers depends partly on whether market forces are allowed to allocate resources, including labor, to their most productive uses. Unfortunately, the Obama administration has pursued several policies that make it harder for market forces to work. These include: bailouts, expansion of entitlement programs, regulation of the economy, tax increases, and huge government deficits.

Bailouts have resulted in capital being stuck in businesses that are either inefficiently run or have failed to produce goods and services that consumers’ value highly. In the absence of bailouts, some firms would have gone bankrupt and the capital reallocated to successful firms that are producing what consumers demand in a cost-effective way.

Expansion of government entitlement programs, such as food stamps and unemployment compensation, has reduced the incentive to be employed. The average benefit per recipient of food stamps jumped by approximately 25 percent between 2007 and 2010 due to rule changes. It also became easier to qualify for food stamps. As Richard Vedder points out in a Wall Street Journal editorial, the number of food stamp recipients rose by over 7 million between 2010 and 2012, a period of falling unemployment.

A number of changes associated with the American Reinvestment and Recovery Act (the economic stimulus package passed after Obama was elected) resulted in greater after-tax benefits to being unemployed. These include exempting part of unemployment insurance benefits from federal income taxes and subsidizing health insurance costs for laid off workers. Unemployment benefits also were extended for up to 99 weeks. In addition, the federal government developed mortgage modification formulas for banks to use, which resulted in a bigger reduction in interest payments for those with lower incomes.

The combined effect of a more generous food stamp program, more generous benefits for unemployed workers and mortgage modification formulas is to offset a considerable percentage of the reduction in income from being unemployed. This results in less incentive to work. If fewer people work, less is produced and real GDP grows more slowly.

_________________________________________________________________________________________________

Investors Business Daily: Failed Obama Policies Put More Americans In Poverty

Obamanomics: As the president began the first year of his second term, the U.S. poverty rate rose to a level not seen since the 1960s. What we have here is a colossal failure of government policy.

The Census Bureau says that 50 million Americans, roughly one in six — almost 17% — are living below the poverty line, which is defined as earnings of less than $23,021 a year for a family of four. Apparently 20% of the nation's children are living in poverty.

We learn this not from a screaming New York Times or Washington Post headline. Nor have we learned it from any of the networks or major dailies that are relentless cheerleaders for Barack Obama. This news is found in an Associated Press story carried by the British Daily Mail that is more focused on alleged shrinking aid for the poor than it is on the grim data.

Of course this is what we'd expect, given that the mainstream press is so busy praising Obama that it misses — probably willfully — the disastrous economy over which he's presided.

The 50 million Americans living below the poverty line aren't lone markers of Obama's failure.

Since the economy began its tentative recovery just a few months into his first term, the unemployment rate has been nothing but ugly. It sits now at 7.7%, down from its peak of 10% in October 2009.

While that might seem an improvement, it's not.

As we noted a month ago, "just 58.6% of Americans work today, down from 60.6% when Obama took office." If the labor force participation rate were the same as it was when Obama was inaugurated, the unemployment rate would be higher than 12%.

Another sorry marker is annual GDP growth.

Obama's average has been less than 2% per quarter, annualized. In the last quarter of 2012, it was an almost invisible 0.4%.

For all of 2011, GDP growth was 1.8%, in 2012 it was 2.2%, well below the 2.5% to 3% pace that most economists believe is the norm. And, by the way, the White House had forecast 4% growth in each of these years.

Again, bear in mind that the recession lifted in June 2009, before Obama's policies could have had a positive impact on the economy. The economic stagnation and our jobless recovery have occurred after the implementation of his policies — the nearly $1 trillion stimulus, tax hikes, ObamaCare, hyper-regulation — and during the heat of his class-division rhetoric that has obsessed on government-enforced fairness.

And don't forget, appropriate to the news about growing poverty, that a congressman once congratulated Michelle Obama for her husband's stimulus bill, calling it "the best anti-poverty bill in a generation."

Maybe that lawmaker should revise and extend that remark, as congressmen do when they've made outrageous statements on the record.

Under Obama, the poverty rate grew from 14.3% in 2009 to 15.1% in 2010, then fell to 15% in 2011 before jumping to today's sorry rate. A man who has promoted himself as a defender of the poor and middle class should have a better record. But as long as he refuses to give up on failed left-wing policies, he never will.

moldyoldy

Nice cherry picking of stories. The US recovered much faster than the rest of the world because of Obama's policies.

JimMe

If the USA was doing so well, why didn't Hillary Clinton, the candidate Pres Obama called "the most qualified", win?!? Why did she lose 30 States - 6 of which voted for Pres Obama in 2012, a mere 4 years earlier?!? Why did she win the popular vote solely on the strength of a 4 million vote difference in California?!? Why?!? Because voters in those 6 States couldn't afford to buy your Reports!!!

moldyoldy

You are overlooking Comey's last minute memo, voter suppression, Russian meddling.

dongreen76

I don't believe "YOU PEOPLE";What do you think Bush 43 went out with approval ratings circa 20% ,are you forgetting that he left the economy at damned near depressionary levels,if we didn't have economic failsafes in place we would have experienced another depression,

Blade_Runner Loc: DARK SIDE OF THE MOON

Jokes only work when they have a punch line.