18 SHocking Statistics That PROVE The Economy Has Not Improved Since Barack Obama Became President

Great thread, and you did a fine job compiling the sources; but the economy isn't even the main reason why he's failed imo. He requested and signed the NDAA provision, allowing for totalitarian level actions by one man, into "law". That alone discredits his entire term. PERIOD. All you apologist who try to justify this psychopath, you are mentally ill.

He's expanded the wars. Another one of the main reasons. He cracked down with the drug war. Extended the Patriot Act. He's GIVEN retroactive immunity to the Bush administration & the big banks; essentially pardoned their crimes in exchange for a measly fine. Somehow dodges the fast and furious scandal, which is an atrocity in and of itself.

He's backed by Goldman Sachs & the other financial elite.

One day, hopefully in the not-to-distant future, more Americans will awaken to the stark reality that this mess was not only part of a carefully orchestrated plan, but one that was NEVER intended to be fixed by any of our presidents, past or present.

How's that for some reality.

And yet, here we are, still wanting to argue over which president to blame the most?

Someone call me when the internal light bulb goes for those who still wish to pretend like Obama OR Bush ever really had intentions of "turning America around" for the better. Do you not see that their vision for America's future is vastly different than ours....and that to achieve their goals, America must first be brought to it's knees?

Who here does not fully grasp this yet? Are so many still so caught up in this bipartisan bull#### that they have yet to have the revelation that all of this is a sham and we are all in this boat together whether we are Democrats, Republicans, or Banana Slugs?

reply to post by kn0wh0w


It really depends on what economic data you are using. Technically, the recession (two quarter or more of er, 'negative growth', i.e. shrinkage of the economy) ended in 2009, but it is obvious that the vast majority of people have not yet got back on their feet. The Austrian economists and most Classical economists will acknowledge that, in order to 'reset' the markets, there will be a tremendous degree of pain experienced by the people, probably worse than now. Whether we go the Keynesian route (which arguably we are not yet doing full-fledged) or the classical route, the point is that it takes a lot of time for things like this to unravel, especially when all nations across the world are now so interdependent through trade and commerce.

If they stopped spending and supporting the unemployed, that would be far, far worse. The truth that we're seeing right now is that although austerity achieves the goal of decreasing deficits (or at least slowing year on year growth of deficit spending), it strangles growth and arguably creates higher unemployment (see: United Kingdom, PIIGS). There's no simple solution to it and it would appear that pre-existing paradigms of economics are no longer infallible!

The president doesn't make the economy. And someone paid off by wallstreet and banks isn't going to make it either.

Originally posted by RealSpoke
The president doesn't make the economy. And someone paid off by wallstreet and banks isn't going to make it either.

You are More Than Likely Correct and It's Come Down To We Need A Real Change. Because This Is What We Have and He Is The POTUS So,,, Like Bush Before Him,,,, Obama Gets The Blame, and I Agree With This Persons Sign. VOTE THEM OUT!!!!!

Originally posted by Raelsatu
Great thread, and you did a fine job compiling the sources; but the economy isn't even the main reason why he's failed imo. He requested and signed the NDAA provision, allowing for totalitarian level actions by one man, into "law". That alone discredits his entire term. PERIOD. All you apologist who try to justify this psychopath, you are mentally ill.

He's expanded the wars. Another one of the main reasons. He cracked down with the drug war. Extended the Patriot Act. He's GIVEN retroactive immunity to the Bush administration & the big banks; essentially pardoned their crimes in exchange for a measly fine. Somehow dodges the fast and furious scandal, which is an atrocity in and of itself.

He's backed by Goldman Sachs & the other financial elite.

edit on 21-2-2012 by Raelsatu because: (no reason given)

Under Obama & Co.

The debt has increased by $4 trillion or more.
(it keeps climbing day by day !)

Who got all that dough anyway ?

This was authorized by Congress.

And this is after all the bills were paid and after all the revenue income was used up.

Who got the M-O-N-E-Y ??

and, How is it helping the majority of citizens ??

If someone else has posted this angle to this topic, my apologoes. I don't mean to steal anyones thunder.

Look at this list for a moment and tell me what you see:

en.wikipedia.org...

What I see, regardless of the political affiliation, is when one party held office for over 12 years, this was punctuated by a strong economy. Or at the very least a "leveled off" economy. When different political parties keep coming and going every 4 or 8 years, nothing substantial seems to ever take place. And when I say substantial I mean policies that are signed, implemented and actually have a chance of taking off and doing something. I'm not implying that they're good for our country. They may only be good for the people who want them enacted.

We have to remember that it takes time for things to work in the current political system. There are so many tunnels that bills, laws and everything else in Washington have to go through just to see the light of day to where we, the American people, can see them for what they are, that 4 years, even 8 sometimes, isn't really enough time for anything to take hold to where we can see if they really worked or not.

People say "Quit blaming Bush for all of the problems". Okay, I won't. I'll blame the fact the the Republicans weren't in place long enough for any one policy to take hold before the next political party got a hold of it and changed all or part of it.

Originally posted by guohua
Last Year When You Where Asked By This POTUS Yes, Obama To Stay Home And Not Go On Vacation,,, Remember This Speech From Your Dear Leader:

‘If you’re a family trying to cut back, you might skip going out to dinner, or you might put off a vacation,’ he said. Read more: www.dailymail.co.uk...

I See The Obamas Really Care About The Common American Family!

Uhhh...I have to believe you are intelligent enough to understand the difference between an example and a suggestion?

He was citing examples of how people are cutting back, not telling them to do the same.

It always frustrates me when folks suspend basic, rational thinking to service some emotional-idealogical state.

I know that this thread isn't neccessarily about reality as it is Conservative Hate Fiction...but all the same I thought I would offer a reality check.

In 2011 Employers added 1.64 Million workers. The best year since 2006.
2010 was the 2nd best year for Job growth since 2006.

In December 2011 Unemployment dropped to 8.5%. The lowest in 3 years.
Hours worked rose to 34.4 per week, earnings rose to 23.24 per hour.

In 2009 the deficit was 10% of GDP
In 2011 the deficit was 8.6% of GDP

Increasing US Exports
The U.S. exported $179 billion in November 2011, That’s a 12 percent increase over November 2010, and a 30 percent increase over November 2009.

www.thedailybeast.com...





SCROLL TO THE RIGHT

reply to post by kn0wh0w


Firstly, your opinion shouldnt be more or less valid if you are or aren't an American - that line of thinking is irrational and if that criticism has been levelled against you then its bonkers.

Secondly, great thread - thought provoking indeed and an excellent use / range of sources.

I saw the title and worried about what I was about to read but this is a brilliant topic. well done

Lets say, some kid was in a room playing with toys for 8 days
This kid has spent those 8 days wrecking the poo out of everything.
Now, it's your turn in the room, but now instead of being able to play
the first order is to clean up 8 days of reckless abandonment.

Which takes longer the wrecking or cleaning up?

Also btw, that other kid stayed in the room and is randomly throwing toys back
to the middle of the room. Also this punk has had his friends hold you back
from cleaning the room as well as you'd like to. And yet.....
In 4 days you turned that room around.
Sure you haven't been able to do the things that you originally wanted when
you came in the room. But that's what the next 4 days are for.

reply to post by andersensrm

Originally posted by kawika
Well, yes, things are bad.

But, it is Bush's fault...still...


I'm denying your ignorance. If all of our problems fall onto one man, then we have seriously f'd up our system. Point is, that it doesn't fall on one man as much as people would like it to.

It will always be Bush's fault.

A hundred years from now, Bush's fault.

A thousand years from now...

Get it?

reply to post by kawika



Many historians say, Bush will go down in the books as the worst,
when all the dust clears. So yeah it's his fault, still. ( its been 3 years)
It's like he lit the country on fire then ran out the backdoor.

Obamabot typical answer : Well Obama is certainly better than the republican candidates!

They are still buying into the whole republican-democrat BS. A lot of them know they are no different, but they continue to participate in that sham of a system.

Something being ignored by both sides of the argument here:

The President doesn't have sole control over the economy. Far from it - we also have a Congress and a Senate. This leads to two conclusions:

1) No President you elect will ever single-handed-ly turn the economy around.
2) No President you elect will ever single-handed-ly ruin the economy.

The Presidential election these days is the biggest dog and pony show ever conceived. Between voting machines of questionable integrity and clear media biases, I'm not entirely convinced that voting matters anymore. Comparatively, the average citizen practically ignores the Congressional/Senate elections as shown by the ludicrous incumbency rates.

This is where the special interest groups get their real power. These are the people who really make the laws.

EDIT: We should also probably take a look at that "Federal Reserve" thing when we get the chance...

Until the population wakes up to this, we're screwed, Obama or not.

reply to post by kn0wh0w


Listen up, sheeples.

Barack Obama specifically stated that 4 years would NOT be enough time to implement his plan.

Look at it this way: you are contracted to rebuild a structure. You start tearing pieces down and reconstructing them to a more pleasing, more efficient blueprint. It's a 10 year plan, but you only have 4 in which to do it. You get about a an eighth of it done, then suddenly they hold a meeting.

Guess what? You're kicked out, and they bring the next foreman in. He says, "Holy crud, look at this mess. Tear it all down again! We're startin' from scratch!"

Now suppose this process repeats every 4 years. How long do you think that building will take to get rebuilt? We don't know what plan works because we've never had enough time to try one!

Actually think for once, people. If we can't recognize the problem, how can the White House morons be expected to?

reply to post by kn0wh0w


kn0wh0w,
Back again to back you up. This is a great post with great points. Also I want to remind you that your opinion matters no matter if you are American or not, facts are facts, and you are titled to state your feeling no matter you orient. Besides that, those are some very sad, very tru statistics you state. I hate numbers...but they show improvement..or increseaded unimprovement. Geez.
Thank you for your share! Keep us posted

reply to post by Indigo5

I know that this thread isn't neccessarily about reality as it is Conservative Hate Fiction...but all the same I thought I would offer a reality check.

In 2011 Employers added 1.64 Million workers. The best year since 2006.
2010 was the 2nd best year for Job growth since 2006.

In December 2011 Unemployment dropped to 8.5%. The lowest in 3 years.
Hours worked rose to 34.4 per week, earnings rose to 23.24 per hour.

In 2009 the deficit was 10% of GDP
In 2011 the deficit was 8.6% of GDP

Increasing US Exports
The U.S. exported $179 billion in November 2011, That’s a 12 percent increase over November 2010, and a 30 percent increase over November 2009.

""In 2011 Employers added 1.64 Million workers. The best year since 2006.
2010 was the 2nd best year for Job growth since 2006.""

In 2006, what was the "calculated" unemployment rate ?
Adding jobs is much harder when the "out of work - looking for work" are less(like in 2006).
It's easier to add jobs when there are more people available to work for less pay (like now).

The "new claims" number does not include the people already collecting or off the radar completely.
It may be a tainted calculation.



""In 2009 the deficit was 10% of GDP
In 2011 the deficit was 8.6% of GDP""

The debt has increased by more than $4 Trillion.
The GDP must be falling then ?
Many GDP comparisons are in dollars by number, and some are in adjusted value dollars.
Maybe some GDP reports use different data?

reply to post by Indigo5


Oh no, not first sourced credible facts, they can't be spun into fiction... by amateurs anyway. Fox News Channel could, they are professional, liars.