Check out topic: Trump needs to do this one thing after their debate. What is it?
Obama's Accomplishments
Dec 8, 2016 00:27:21 #
Treasury Department confirms President Obama has fully turned around the U.S. economy
By Bill Palmer | December 27, 2015
President Obama’s seven year quest to salvage the U.S. economy from the damage done to it by his predecessor George W. Bush has been an overwhelming success, according to the United States Treasury Department. Obama took over as President at a time when the economy, stock market and banking system had collapsed and were on the verge of throwing the nation into a depression due to Bush’s failed policies. But Obama’s initiatives prevented that from happening, and now the Treasury says he’s fully turned the economy around.
Treasury Secretary Jack Lew has confirmed what economists and those familiar with economic policy have already known: the U.S. economy has been growing at a steady rate for several quarters, private sector job growth is consistently high, the unemployment rate has been reduced all the way down to the five percent level which economists view as ideal, and the stock market has grown tremendously. This all occurred even as President Obama reduced the annual federal deficit by seventy-two percent. But the Secretary says there are still challenges ahead.
Lew points to the inequality between the wealthy and the working class, and business tax loopholes, as areas of concern; Obama has tried to tackle both but has faced republican opposition. But he says Social Security is in far better shape than most Americans believe.
By Bill Palmer | December 27, 2015
President Obama’s seven year quest to salvage the U.S. economy from the damage done to it by his predecessor George W. Bush has been an overwhelming success, according to the United States Treasury Department. Obama took over as President at a time when the economy, stock market and banking system had collapsed and were on the verge of throwing the nation into a depression due to Bush’s failed policies. But Obama’s initiatives prevented that from happening, and now the Treasury says he’s fully turned the economy around.
Treasury Secretary Jack Lew has confirmed what economists and those familiar with economic policy have already known: the U.S. economy has been growing at a steady rate for several quarters, private sector job growth is consistently high, the unemployment rate has been reduced all the way down to the five percent level which economists view as ideal, and the stock market has grown tremendously. This all occurred even as President Obama reduced the annual federal deficit by seventy-two percent. But the Secretary says there are still challenges ahead.
Lew points to the inequality between the wealthy and the working class, and business tax loopholes, as areas of concern; Obama has tried to tackle both but has faced republican opposition. But he says Social Security is in far better shape than most Americans believe.
Dec 8, 2016 03:54:15 #
Richard94611 wrote:
Treasury Department confirms President Obama has f... (show quote)
If any of this repeatedly discredited propaganda were true, Donald J. Trump would NOT be our President-Elect.
It was the Democrats policies, starting with Carter, then escalated by Clinton, that created the Housing bubble, and subsequent escalating collapse.
Google Urban Renewal.
Dec 8, 2016 04:16:36 #
You have not mentioned 8 years of W Bush, conveniently. It was near the end of his 8 years that the economy fell apart. None of what I have stated has been discredited. It has merely been ignored or dismissed as false by conservative denier-liars like yourself, who cannot face the truth.
Zemirah wrote:
If any of this repeatedly discredited propaganda were true, Donald J. Trump would NOT be our President-Elect.
It was the Democrats policies, starting with Carter, then escalated by Clinton, that created the Housing bubble, and subsequent escalating collapse.
Google Urban Renewal.
It was the Democrats policies, starting with Carter, then escalated by Clinton, that created the Housing bubble, and subsequent escalating collapse.
Google Urban Renewal.
Check out topic: Biden, The Coward Debator
Dec 8, 2016 05:38:26 #
Dec 8, 2016 06:10:22 #
Richard94611 wrote:
You have not mentioned 8 years of W Bush, conveniently. It was near the end of his 8 years that the economy fell apart. None of what I have stated has been discredited. It has merely been ignored or dismissed as false by conservative denier-liars like yourself, who cannot face the truth.
It was not mentioned because we are talking about Obama. He has presided over what is arguably the weakest economic recovery in history. If the economy is so great, why has the number of people on Food Stamps doubled? According to the Bureau of Labor Statistics, in 2014, 77% of the jobs created were part time. This does not include the countless people who had their hours cut from 40 to under 30 because of Obamacare.
Under the Obama Administration, if you stop receiving an unemployment check for any reason, or you don't qualify for one in the first place, you are employed. Part time counts exactly the same as full time, and if you receive a disability check you are deemed to have a job.
They have carried their creative bookkeeping over to border security. The claim that they have deported more illegals than anyone else is bullshit. They are the only Administration in history who counted border turnbacks as deportations. If they kept records like every other Administration they would be literally in last place rather than in first.
Dec 8, 2016 06:20:22 #
Loki,
I looked at 9 charts showing how miserable our economy is. Yes, welfare recipients SNAP, Housing subsistence etc increased 71% over the past 8 yrs.
I looked at 9 charts showing how miserable our economy is. Yes, welfare recipients SNAP, Housing subsistence etc increased 71% over the past 8 yrs.
Dec 8, 2016 06:22:31 #
Housing sales down. New car sales down and cars being Repo'ed. People can't pay for them. Student loan program in the red. Kids
( graduates)can't find jobs. Remember OWS ( occupy Wall Street!
( graduates)can't find jobs. Remember OWS ( occupy Wall Street!
Dec 8, 2016 06:22:32 #
Housing sales down. New car sales down and cars being Repo'ed. People can't pay for them. Student loan program in the red. Kids
( graduates)can't find jobs. Remember OWS ( occupy Wall Street!
( graduates)can't find jobs. Remember OWS ( occupy Wall Street!
Dec 8, 2016 06:23:55 #
What Richard 94611 has posted it total 'propaganda' plain and simple. Total bullshit ( BS to be politically correct)!!!
Dec 8, 2016 06:25:03 #
Dec 8, 2016 06:46:27 #
Dec 8, 2016 07:28:58 #
The US Treasury Department is under the complete control of Obama, and as Obama is well known for doing, they also tell the American people lies, many of them, just like Obama. Never has any President had the complete control of all federal government agencies and departments as Obama has, for when he appoints people to run them, he makes sure they understand that they are there to serve Obama, not the American people. Hence when Obama became President there were only 17 million Americans on 'Welfare & Food Stamps', but today, after 7 years and 5 months straight of Obama's declared economic recovery back in June 2009, there are now nearly 50 million Americans on 'Welfare & Food Stamps', a threefold increase during a long-term economic recovery, explain how that can happen if not through lies. To get the unemployment rate down, Obama had over 15 million unemployed Americans of working age (16 years to 54 years of age) dropped from the 'US Workforce' because they've been without a job for 52 weeks and longer, and after 7 years and 5 months straight of Obama's declared economic recovery, and Obama supposedly creating 14 million jobs (estimated, not head counts), not one of those over 15 million unemployed Americans have ever been added back into the 'US Workforce', which is now at it's lowest participation rate and numbers than it's been in 40 years, and those over 15 million unemployed Americans are now considered Obama's long-term unemployed. So how does that happen in a real economic recovery, especially one that is supposed to have lasted for 7 years and 5 months straight, unless someone has told a lot of lies.
Richard94611 wrote:
Treasury Department confirms President Obama has f... (show quote)
Dec 8, 2016 07:49:19 #
Richard94611 wrote:
Treasury Department confirms President Obama has f... (show quote)
REALLY WELL LOOK AT THE CREDIT RATING OF THE UNITED STATES ??? WELL BEFORE OBAMA WE HAD A AAA+ RATING NOW AA+ WE ARE GOING DOWN HOW IS THAT SO GOOD ????? THAT IS ONE PROOF WE ARE NOT GOING GOOD OH GIVE THAT TO OBAMA !!!!!!!
Dec 8, 2016 07:59:31 #
'Gubment' says unemployment is 4.6%
Poppycock, it's up around 25%, maybe worse.
Somewhere around 102 million without full-time jobs...(:
Poppycock, it's up around 25%, maybe worse.
Somewhere around 102 million without full-time jobs...(:
Dec 8, 2016 08:00:58 #
The Saul Alinsky plan is to make people DEPENDENT on fed hand outs so they can control. Welfare pymts up 71% since he took office 8 yrs ago.
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