Doing the math: Obama recovery still the worst in decades (vote, Congress)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Lately, Barack Obama has taken to claiming that he’s leading a slow but steady economic recovery, hampered by the nature of the 2007-8 Great Recession and other external factors.
Two different analyses out today rebut that assertion on the eve of the next advanced report on quarterly GDP:
First, Investors Business Daily’s John Merline refutes both the economic recovery and the supposedly mitigating context in its analysis, buttressed by a charted comparison to previous American recoveries.
Second, Reason Foundation’s Samuel Staley writes at Real Clear Markets that not only has Obamanomics utterly failed, it’s gone a long way to discrediting the very economic assumptions on which it was based.
And the financial collapse is still the worst since the Great Depression. The actual question is, why should we vote for the political party that actively opposed all efforts to get the economy back on track, rather than the democrats?
Ahh the liberal lame blame game... Blame Bush, blame congress, blame congress, blame the weather, blame the movie.
Remember, Obama has already spent more money than anyone else in the history of the world. And he isn’t anywhere near done yet. By the time he gets through pushing his socialist agenda through the Congress, all U.S. Citizens will be living below the poverty line and the only entity that will have any money at all will be the government. Now, how he figures that this will create jobs and fix the economy is anyone’s guess.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.