We all know that Obama's economic recovery
Was the weakest of any President coming out of a recession.
https://www.dailywire.com/news/7970/7-facts-show-obamas-economic-recovery-has-been-aaron-bandler
1. The Obama recovery has had a record number of quarters where economic growth has been two percent or lower.
2. The average real GDP growth of recoveries rate prior to the Obama recovery was 4.3 percent. If the Obama recovery had been right in line with that 4.3 percent, the country would be $2.2 trillion richer today, according to Investor's Business Daily.
3. The most recent labor participation rate was 62.7 percent, with slightly more than 94.5 million Americans out of the work force. Back in September, the participation rate was 62.3 percent–the lowest in nearly 40 years.
4. The number of jobs created under the Obama economy has not kept up with the working age population.
5. There has been a decline in business startups and investment. According to Time, there has been a decline of "entrepreneurial activity" from 14 percent in 2014 to 12 percent in 2015, when the four preceding years featured positive growth.
6. There has also been a decline of real household family income. According to Conservative Review, the decline went from $57,000 in 2007 to $53,700 in 2014. Naturally, it follows that the home ownership rate has declined to a near 48-year low.
7. There has also been a spike of Americans on food stamps. Conservative Review also used data from the Congressional Budget Office to show that the number of Americans food stamps has increased from 26.5 million in 2007 to 44.5 million in 2016. That is a decline from 47.7 million in 2013, but still much higher than pre-recession levels.
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Keelai (34864)
5 years ago
Dailywire? LOL! Extreme right-wing bias with distortions and lies!
"Overall, we rate The Daily Wire as a far right biased news source based on story selection that always favors the right and that is Mixed for factual reporting due to a few failed fact checks." aka: BS
https://mediabiasfactcheck.com/?s=dailywire
Dailywire was founded by bigot Ben Shapiro. Why don't you just link to the KKK website?
Your stats are bull. I don't want to waste my time with your lying garbage. Obama rescued the economy from a severe depression. You need to thank him.
"Two Charts Show Trump's Job Gains Are Just A Continuation From Obama's Presidency":
https://www.forbes.com/sites/chuckjones/2018/10/30/two-charts-show-trumps-job-gains-are-just-a-continuation-from-obamas-presidency/#fd2ac8e1af3f
The US national debt just topped $22 trillion for the first time in history under Trump:
https://www.businessinsider.com/us-national-debt-tops-22-trillion-first-time-history-2019-2
BTW, how many farmers are facing bankruptcy?
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Qberto (1139)
5 years ago
Dailywire? LOL! Extreme right-wing bias with distortions and lies!
More patented leftard "shoot the messenger" obfuscation - did you think Chuck Jones was without a loaded agenda, really?
" I have a B.S. in Industrial Engineering from Stanford University and a Postgraduate Diploma in Economics from the University of Sussex, England."
So you're pitting your faith in an engineer with a postgrad from lefty Englieland?
Honestly, you lot are easily shorn sheeple.
From YOUR side of the aisle, btw:
https://slate.com/business/2017/09/the-awful-irony-of-obamas-economic-recovery.html
Whatever you think of President Obama and Congress’ attempts to revive the economy after 2008, you have to reckon with the fact that the recovery took years to meaningfully reach the middle class and poor. Yes, the unemployment rate ticked down slowly, month by month. But incomes were essentially stagnant for more than half a decade.
Even now, as economist Justin Wolfers points out, median incomes for most demographic groups are barely above their levels from 1999. Black households still have yet to recover fully. Americans have had to wade through a vast swamp of economic disappointment to reach even the moderately good news we’re seeing today.
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