Dinki: SInce the tebagger mod greenlit this, I may as well post this-Better off now than 4 years ago? Hell yeah!When Obama took office, we were losing 600,000 jobs a month. Now we are gaining 160,000 jobs a month.When Obama took office, US GDP was falling 8.9% per quarter. Now it is rising 2% per quarter.When Obama took office, GM and Chrysler were on the verge of bankruptcy and liquidation. Now both of them, and the entire US auto industry, are on the rebound.When Obama took office, the housing market was in freefall, with new construction, prices, and sales collapsing. Now prices have stabilized, and sales and construction are on the rise.When Obama took office, Osama Bin Laden was alive and still in control of Al qaeda. Now he is dead.When Obama took office, Qadaffi was still brutalizing his people. Now he is dead.When Obama took office, 4 million seniors were paying more for prescriptions because of the medicare donut hole. Now they all got a $250 rebate.When Obama took office, millions of young adults needed to find their own health insurance at a time when they could least afford it. Now, they can stay on their parents insurance policies till they are 26.When Obama took office, the student loan program was passed through the banks, which charged fees and took profits for doing nothing more than passing the government money to students. Now those loans go directly from the government to the student, freeing up millions of dollars for more loans.
LlamaGirl: Well, this was enlightening. I need to get back to building my fort on the moon now.
Sensei Can You See: Can I come visit?
mrshowrules: As always, I feel the need to raise this.IBD is the "news" web-site that posted that Stephen Hawking would not be alive today if the US had a socialized health care system.That is all.
LlamaGirl: Sensei Can You See: Can I come visit?Only if you bring Reese's PB cups.
Rapmaster2000: Ironically, the only people better off under Obama are corporate chieftains, who've seen corporate profits climb more than 50% under Obama's "recovery," and investors, who've benefited from a near-doubling in the Dow industrials from its March 2009 lows.So... vote Republican?
hugram: How anyone can think that most people are worst off today than they were when the stock market was crashing... 700K a month job losses... GDP near a 10% decline... unemployment rising... etc. is beyond me.Sure things may not be great, but things have improved during the last 4 years...
hugram: How anyone can think that most people are worst off today than they were when the stock market was crashing... 700K a month job losses... GDP near a 10% decline... unemployment rising... etc. is beyond me.Sure things may not be great, but things have improved during the last 4 years...GDP performance during the Obama Administration has gone into positive growth.[www.tradingeconomics.com image 700x300]US stock markets performance during the Obama Administration...DOW in 01/20/2009: 7,949.09DOW in 09/042012: 13,035.94Rate of Return: 63.99%S&P 500 in 01/20/2009: 805.22S&P 500 in 09/042012: 1,404.94Rate of Return: 74.48%NASDAQ in 01/20/2009: 1,440.86NASDAQ in 09/042012: 3,075.06Rate of Return: 113.42%Private jobs hemorrhage slowed down during the Obama Administration and eventually went into positive territory.[farm9.staticflickr.com image 800x462]Comparing unemployment rate fluctuation between President Bush and President Obama.Bush1/20/2001: 4.2%1/20/2009: 7.7%Unemployment Rate Change: 83.33% increaseObama1/20/2009: 7.7%Currently: 8.3%Unemployment Rate Change: 7.80% increaseUnemployment rate has been trending down now during the Obama Administration...[i2.cdn.turner.com image 620x355]...Even though the Tea Party Nation urged small business owners to not hire people in order to make Obama look badOr when a company with company policies about not hiring until Obama is gone based on nothing to do with the basic supply and demand process for his business goods.Or having Mitch McConnell admit that Republicans took America hostageOr having the GOP blocked a 10 percent tax break for small businesses that hires new employeesEven so, the job market did improve. Read all about it...Private-sector job growth biggest in 3 years (new window)Stealth signs of a stronger job market (new window)Biggest unemployment rate improvement in nearly 28 years (new window)Small businesses ramp up jobs (new window)Jobs: 2 hopeful signs ...
lousyskater: Meh, I'm better off than I was 4 years ago but I'm also not in the Navy anymore...
Farkomatic: The U-6 unemployment rate peaked at almost 20% (the number the political pundits rail about when their party is out of power).
Aidan: lousyskater: Meh, I'm better off than I was 4 years ago but I'm also not in the Navy anymore...Well you've at least learned never to volunteer yourself again. :)
zetar: Four years ago Bush was president, we were losing 800,000 jobs a month, the stock market dumped 1,000 points in 24 hours, banks and reinsurance companies were collapsing, we were mired in a pointless war in Iraq and Osama bin Laden was planning new attacks. But, yeah, other than that we're much worse off now.
WhyteRaven74: The gas prices one is a favorite, it ignores the collapse of the oil futures market due to the credit crunch and what prices had been before it happened.
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