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In your dreams! It's a sign of an ongoing economic recovert that actually started in Q3 2009.
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 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 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.
Tried to rep you but have to spread some around first.
That is amusing. I guess you don't realize that the economy must generate 200,000 jobs per month to "break even" and not increase the rolls of the unemployed.
I guess not. Carry on.
Bingo!..now lets talk about gas prices and this recovering economy.
That is amusing. I guess you don't realize that the economy must generate 200,000 jobs per month to "break even" and not increase the rolls of the unemployed.
I guess not. Carry on.
It's actually worse than that.....we have to put 300,00 per month, every Month, for 3 years to "break even".
It's actually worse than that.....we have to put 300,00 per month, every Month, for 3 years to "break even".
The five point process...
1- Break something.
2- Point fingers.
3- Complain about not fixing it quickly.
4- Win on disinformation and emotions.
5- Repeat.
Bascially all one has to do is compare what has cause the liitle growth we have seen and that its is running out along with the massive deficits it has brought about. then look at now business;investors and indivivduals that can have responded . They are hunkered drown by the massive future liabilties. not all recoveries are the same and the conseqauences of what id done are not. The liquidity by governamnt repalcing that by consumers is ending and we now see the results of so much of it going to public sector workers.
The five point process...
1- Break something.
2- Point fingers.
3- Complain about not fixing it quickly.
4- Win on disinformation and emotions.
5- Repeat.
Finally a Liberal admits their playbook and why they took down the economy!
You must have been very happy when the Dow climbed by 934 in one day during G.W. Bush's 2nd term!
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