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Old 10-31-2012, 12:12 PM
 
Location: Lincoln, NE (via SW Virginia)
1,644 posts, read 2,172,005 times
Reputation: 1071

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Here is a list of economic indicators from factcheck.org about the President's performance so far. I'm not gonig to inject my opinion into this other than my labeling the numbers themselves as good, not so good, and awful and a brief explanation as to why I think some of them are in the not so good category. So....do these numbers make you like Obama more, dislike him more, or no change...

(also...if you click the link it has detailed explanations of each subset of figures)


Good: Manufacturing index up 48%, Consumer Confidence up 86%, US Drilling rigs in operation up 23%, Guantanamo prisoners down 31%, Wind and solar up 116%, Petroleum imports down 23%, Foreigners view of US up.

Not so good (but not awful): Jobs up 325,000 since 2008 (not where it should be, but growth is growth so definitely not all bad), US military fatalities up (Iraq: 263 and Afghanistan: 1497) but we are winding it down which is long overdue, S&P up 81% (good number but the measure is a byproduct of artificial stimulation from liquidiy injects...eventually it will correct itself)

Awful: Total federal debt up 52%, Debt held by the public up 79%, Real household income down by 5%, Real family income down by 5%, Persons in poverty up 6.4 million, Food stamp recipients up 46%, Gas prices up 106% (not necessarily Obama's fault), Unemployment rate at 7.8%


FactCheck.org : Obama’s Numbers
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Old 10-31-2012, 12:25 PM
 
69,368 posts, read 64,093,273 times
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Quote:
Originally Posted by wnewberry22 View Post
Consumer Confidence up 86%,
how did they compute that?
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Old 10-31-2012, 12:26 PM
 
Location: Lincoln, NE (via SW Virginia)
1,644 posts, read 2,172,005 times
Reputation: 1071
Quote:
Originally Posted by pghquest View Post
how did they compute that?
Up 86% from the 09 figures would be my guess. Look at the sharp dip.
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Old 10-31-2012, 12:34 PM
 
1,259 posts, read 1,584,521 times
Reputation: 1085
that consumer confidence number is like being excited for you child making a d instead of an F. Those last numbers are damning
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Old 10-31-2012, 12:40 PM
 
Location: The Brat Stop
8,347 posts, read 7,239,158 times
Reputation: 2279
Quote:
Originally Posted by pghquest View Post
how did they compute that?
SGS Conference board graph, Geneva, Switzerland?

or?
http://www.shadowstats.com/

Shadow Government Statistics?


This is your source?
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Old 10-31-2012, 01:00 PM
J24
 
Location: Portland, OR
448 posts, read 863,470 times
Reputation: 905
Quote:
Consumer confidence, as measured every month in a survey by the Conference Board, stood at 70.3 in September. This measure, which is watched as an indicator of consumers’ willingness to spend, jumped 9 points in September alone. It stood at 37.7 when Obama took office, so it has increased by 86 percent since then.
So either your chart is wrong or FactCheck.org is wrong. Both can't really be right.

Overall those numbers aren't even close to being good. That's why I don't see how people argue for Obama. Some of that, for example the oil rigs and production, is only up on private land, not federal land. Therefore it's got nothing to do with the government. Almost nothing in those numbers are positive. 325,000 jobs in 4 years? It's funny with Obama constantly saying he's created like 5 million or something like that. Great recovery we have here. Maybe in another 4 years with Obama we will have created almost a million jobs in total, and maybe we'll be at 2.1% growth.
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Old 10-31-2012, 01:08 PM
 
Location: The Brat Stop
8,347 posts, read 7,239,158 times
Reputation: 2279
Quote:
Originally Posted by J24 View Post
So either your chart is wrong or FactCheck.org is wrong. Both can't really be right.

Overall those numbers aren't even close to being good. That's why I don't see how people argue for Obama. Some of that, for example the oil rigs and production, is only up on private land, not federal land. Therefore it's got nothing to do with the government. Almost nothing in those numbers are positive. 325,000 jobs in 4 years? It's funny with Obama constantly saying he's created like 5 million or something like that. Great recovery we have here. Maybe in another 4 years with Obama we will have created almost a million jobs in total, and maybe we'll be at 2.1% growth.
Presidents do not create jobs.
Corporations, companies and small businesses create jobs, but you already knew that, correct?

The graph chart is dated 2011, it is now 2012, and some things have changed for the better.
Fact check is more accurate.
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Old 10-31-2012, 01:11 PM
J24
 
Location: Portland, OR
448 posts, read 863,470 times
Reputation: 905
Quote:
Originally Posted by NoJiveMan View Post
American presidents do not create jobs. Companies, corporations and small businesses create jobs. But, you already knew that, right?
Then by all means, let's continue to tax small businesses at higher so that they can have more money to hire more employees or pay their current employees more. Oh, wait... that doesn't make sense at all.

If the President had nothing to do with it, than this whole election season has been a sham, because the economy (ie jobs, etc) has been the #1 issue.
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Old 10-31-2012, 01:26 PM
 
Location: The Brat Stop
8,347 posts, read 7,239,158 times
Reputation: 2279
Quote:
Originally Posted by J24 View Post
Then by all means, let's continue to tax small businesses at higher so that they can have more money to hire more employees or pay their current employees more. Oh, wait... that doesn't make sense at all.

If the President had nothing to do with it, than this whole election season has been a sham, because the economy (ie jobs, etc) has been the #1 issue.
President Clinton raised taxes and the UE rate fell, go figure.
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Old 10-31-2012, 01:33 PM
 
Location: Dallas, TX
31,767 posts, read 28,811,904 times
Reputation: 12341
Quote:
Originally Posted by J24 View Post
Therefore it's got nothing to do with the government. Almost nothing in those numbers are positive. 325,000 jobs in 4 years?
I personally prefer private sector jobs, so here are the numbers:
Last four years (45 months actually), Jan 2009-Oct 2012: +514K jobs
Eight years before that, Jan 2001-Jan 2009: -646K

But then, the numbers available for Jan is really almost two months before the President takes office. So, we should really see effect from February report (released in March). In that case:
At the end of 43 months of Obama policies, change in private sector employment: +2.03 million
At the end of 96 months of Bush policies, change in private sector employment: -2.08 million

I guess, y'all might call last four years a failure for your agenda compared to the eight years before it. That I expect of "real Americans".
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