tdsrnest wrote:
He's a hell of a lot better than Reagan, Bush 43 and that piece of s**t you just v**ed for. O vomit created more jobs than both those ass holes you just don't want to admit you r****t piece of s**t. You su$k you're kids dick that's what you freaks do.
President Obama's enduring legacy.
By almost every economic measure, America is flat to falling. Obama certainly can boast about the unemployment rate.
From his inauguration on January 20, 2009, until last month, that figure has fallen from 7.8 percent to 4.9 — down 37.2 percent.
But the labor-force participation rate over that period has slid from 65.7 percent to 62.9 (the lowest reading since March 1978) — down 4.3 percent.
On Obama’s watch, the percentage of Americans below the poverty line has grown, according to the most recent Census data,
from 14.3 to 14.8 in 2014 — up 3.5 percent. Real median household income across that interval sank from $54,925 to $53,657 — down 2.3 percent.
Food Stamp participants soared in that time frame from 32,889,000 to 45,874,000 — up 39.5 percent.
Meanwhile, from Obama’s arrival through the fourth quarter of 2015, the percentage of Americans who own homes sagged from 67.3 percent to 63.8 — down 5.2 percent.
Jim Clifton, chairman and CEO of Gallup, laments yet another chilling trend: “For the first time in 35 years, American business deaths now outnumber business births.”
As he observed in January, “Business startups outpaced business failures by about 100,000 per year until 2008. But in the past six years, that number suddenly reversed,
and the net number of U.S. startups versus closures is minus 70,000.”
Over the six and a half years since the recession ended in the second quarter of 2009, “real GDP has grown by a total of 14.5 percent or at an annual rate of 2.1 percent,” according to Jeffrey Schlagenhauf, a former senior adviser to the Congressional Joint Economic Committee. “Other post-1960 recoveries averaged total growth of 28.4 percent (annual rate of 3.9 percent) over the comparable 26 quarters. The Reagan recovery of the 1980s saw real GDP grow a total of 35.0 percent or at an annual rate of 4.7 percent.”
Read more at:
http://www.nationalreview.com/article/432688/president-obamas-economy-slow-recovery