Quote:
Originally Posted by sanrene
Well now....for all those asking when the GOP would be creating jobs....here you go!
Since the GOP House has put a stop to most of obama's unpopular radical leftist agenda, created a little more certainty for business and individuals with the extension of the Bush tax rates and have taken on the job-killing EPA and obamacare, we have seen a rebound in the economy.
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You can keep living in that Conservative fantasyland where the Republican fixed everything once they were elected.
In the meantime for the rest of us here's the truth.
Facts are VERY INCONVENIENT THINGS for Conservatives and Obama haters.
The following is based on Dow Jones Industrial and Bureau of Economic Analysis stats:
When Barack Obama came into office:
The Dow Jones Industrial Average had decline about 24% in the years George W. Bush Jr. was in office until the day he left.
The economy had NEGATIVE GDP growth.
January 2009 non-farm payrolls showed a LOSS of 779,000 month.
Personal income had decreased on a quarterly basis from Q3 2008 to Q1 2009
Starting in Q1 2008 until Q2 2009 Government Receipts declined every quarter.
Starting Q3 2007 until Q3 2009 Gross Domestic Investment fell in every quarter.
Private Fixed Investment in this country FELL every quarter in this country from Q2 2006 until Q3 2009
Exports declined in Q4 2008 and they decline for every quarter until Q3 2009
Since President Obama has been in office;
The Dow Jones Industrial Average has risen about 40%
The economy has had positive GDP growth for the past 6 quarters.
Non-farm payrolls have increased EVERY MONTH since October 2010.
Personal Income has increased every quarter Barack Obama has been in office.
Government Reciepts have increased every quarter since Q2 2009.
Gross Domestic Investment has increased every quarter since Q4 2009.
Private Fixed Investment has increased every quarter since Q3 2009
Exports increased in Q4 2008 and they increased every quarter since in fact U.S exports are now at RECORD LEVELS. In fact since President Obama has been in office exports have increased 25%.
In the face of overwhelming evidence President Barack Obama has not destroyed the economy. The economy has actually had a slow steady and persistent recovery. Any statement to the contrary is more likely based on ideology, ignorance, hatred and misinformation than it is on fact.