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President Barack Obama may be angling for our job.

During a Feb. 20, 2015, address to the winter meeting of the Democratic National Committee, Obama urged the audience to "do a fact check" on the state of the economy, particularly in light of longstanding Republican criticisms of his policies.

 

Here’s an excerpt from Obama’s speech:

 

"Now, sometimes, because the news cycle is so quick, we forget how all this came about and the debates that we had last year, or two years, or four years, or six years ago. I just want everybody to remember that at every step as we made policies, as we made this progress, we were told by our good friends, the Republicans, that our actions would crush jobs, and explode deficits, and destroy the country. I mean, I want everybody to do a fact-check and go back to 2009, 2010, ’11, ’12, ’13 -- just go back and look at the statements that were made each year by these folks about all these policies. Because apparently they don’t remember.

 

"But the facts are before us. The economy kept growing. The stock market has more than doubled, restoring the 401(k)s of millions of people. Our deficits are down by two-thirds. I always find it curious that when a Democrat is president, deficits go down; a Republican is president and then deficits are going up, and yet they try to take on the mantle of fiscal probity.

"Our auto industry is firing on all cylinders. None of this is an accident. It’s not an accident that America is creating jobs faster than at any time since the last time a Democrat was president. It’s not an accident that our manufacturers are creating jobs for the first time since the last time a Democrat was president. It’s not an accident that health care inflation is running at the lowest rate in almost 50 years, and that our deficits are falling faster than they have in 60 years."

 

We have indeed checked many Republican claims over the years about Obama’s policies. Some, such as the assertion that bills Obama supported will be "job killers," didn’t fare so well on the Truth-O-Meter, while others on deficits and debt ranged from mixed to largely accurate.

 

But what about Obama’s own claims in the speech about the economy’s performance during his tenure? They check out pretty well, as it turns out, with the caveats that other statistics may not be so rosy, and that the Obama administration doesn’t always deserve full credit for the results. (The fate of the national economy depends on international and demographic trends, not just government policy.)

Here’s a rundown of some of Obama’s claims in the speech:

 

• The "economy kept growing." Official data on gross domestic product from the Commerce Department shows that the economy has been growing robustly in recent months. (Here’s a summary chart.) In fact, it’s been growing so robustly that Republicans have been trying to claim credit for it, a view we have been skeptical of.

 

 The "stock market has more than doubled." On Jan. 20, 2009, the day Obama took office, the Dow Jones Industrial Average was 7,949.09. On Feb. 19, 2015, it stood at 17,985.77. That’s more than twice as much.

 

• "Deficits are down by two-thirds." We recently checked Obama’s claim that we've seen "our deficits cut by two-thirds" and found it Mostly True.

 

• "America is creating jobs faster than at any time since the last time a Democrat was president." We recently checked Obama’s claim that the economy is "creating jobs at the fastest pace since 1999," which is when Bill Clinton, a Democrat, was president. We rated Obama’s claim True.

 

• "Our manufacturers are creating jobs for the first time since the last time a Democrat was president." We didn’t check this claim before, but a quick look at Bureau of Labor Statistics data shows that, except some small and brief upward blips in 2004, Obama is right. Manufacturing employment has been rising, slowly but surely, since 2010. We have also checked Obama’s claim that "factories are opening their doors at the fastest pace in almost two decades." We rated thatMostly True.

 

• "Health care inflation is running at the lowest rate in almost 50 years."We have reported that data from the U.S. Bureau of Economic Analysis that shows health care inflation, as of the end of 2013, was about 1 percent per year — the lowest since the early 1960s.

 

• "Our deficits are falling faster than they have in 60 years." When Obama claimed that "our deficits are falling at the fastest rate in 60 years," we rated it True.(And for readers seeking a refresher course on the "deficit" and the "debt," here’s a rundown.)

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Originally Posted by Jankinonya:

http://www.politifact.com/trut...fact-check-we-oblig/

 

President Barack Obama may be angling for our job.

During a Feb. 20, 2015, address to the winter meeting of the Democratic National Committee, Obama urged the audience to "do a fact check" on the state of the economy, particularly in light of longstanding Republican criticisms of his policies.

 

Here’s an excerpt from Obama’s speech:

 

"Now, sometimes, because the news cycle is so quick, we forget how all this came about and the debates that we had last year, or two years, or four years, or six years ago. I just want everybody to remember that at every step as we made policies, as we made this progress, we were told by our good friends, the Republicans, that our actions would crush jobs, and explode deficits, and destroy the country. I mean, I want everybody to do a fact-check and go back to 2009, 2010, ’11, ’12, ’13 -- just go back and look at the statements that were made each year by these folks about all these policies. Because apparently they don’t remember.

 

"But the facts are before us. The economy kept growing. The stock market has more than doubled, restoring the 401(k)s of millions of people. Our deficits are down by two-thirds. I always find it curious that when a Democrat is president, deficits go down; a Republican is president and then deficits are going up, and yet they try to take on the mantle of fiscal probity.

"Our auto industry is firing on all cylinders. None of this is an accident. It’s not an accident that America is creating jobs faster than at any time since the last time a Democrat was president. It’s not an accident that our manufacturers are creating jobs for the first time since the last time a Democrat was president. It’s not an accident that health care inflation is running at the lowest rate in almost 50 years, and that our deficits are falling faster than they have in 60 years."

 

We have indeed checked many Republican claims over the years about Obama’s policies. Some, such as the assertion that bills Obama supported will be "job killers," didn’t fare so well on the Truth-O-Meter, while others on deficits and debt ranged from mixed to largely accurate.

 

But what about Obama’s own claims in the speech about the economy’s performance during his tenure? They check out pretty well, as it turns out, with the caveats that other statistics may not be so rosy, and that the Obama administration doesn’t always deserve full credit for the results. (The fate of the national economy depends on international and demographic trends, not just government policy.)

Here’s a rundown of some of Obama’s claims in the speech:

 

• The "economy kept growing." Official data on gross domestic product from the Commerce Department shows that the economy has been growing robustly in recent months. (Here’s a summary chart.) In fact, it’s been growing so robustly that Republicans have been trying to claim credit for it, a view we have been skeptical of.

 

 The "stock market has more than doubled." On Jan. 20, 2009, the day Obama took office, the Dow Jones Industrial Average was 7,949.09. On Feb. 19, 2015, it stood at 17,985.77. That’s more than twice as much.

 

• "Deficits are down by two-thirds." We recently checked Obama’s claim that we've seen "our deficits cut by two-thirds" and found it Mostly True.

 

• "America is creating jobs faster than at any time since the last time a Democrat was president." We recently checked Obama’s claim that the economy is "creating jobs at the fastest pace since 1999," which is when Bill Clinton, a Democrat, was president. We rated Obama’s claim True.

 

• "Our manufacturers are creating jobs for the first time since the last time a Democrat was president." We didn’t check this claim before, but a quick look at Bureau of Labor Statistics data shows that, except some small and brief upward blips in 2004, Obama is right. Manufacturing employment has been rising, slowly but surely, since 2010. We have also checked Obama’s claim that "factories are opening their doors at the fastest pace in almost two decades." We rated thatMostly True.

 

• "Health care inflation is running at the lowest rate in almost 50 years."We have reported that data from the U.S. Bureau of Economic Analysis that shows health care inflation, as of the end of 2013, was about 1 percent per year — the lowest since the early 1960s.

 

• "Our deficits are falling faster than they have in 60 years." When Obama claimed that "our deficits are falling at the fastest rate in 60 years," we rated it True.(And for readers seeking a refresher course on the "deficit" and the "debt," here’s a rundown.)

___________________________________________________________

And his highness Lord Obama did it all by hisself. People tend to forget that the American voter stymied Obama from investing blowing their taxes on more useless spending by electing Republicans who got in the way of the wastrels. Because unemployment benefit extensions came to an end because of those Republicans gumming up the free money machine, more people had to take two or three of those part time Obamadon'care-era jobs to survive. Less spending means smaller deficits, but they still remain relatively high.

"The stock market has more than doubled, restoring the 401(k)s of millions of people. Our deficits are down by two-thirds. I always find it curious that when a Democrat is president, deficits go down; a Republican is president and then deficits are going up, and yet they try to take on the mantle of fiscal probity."

 

The Wall St recovery is a bit of a Ponzi scheme instituted by the Fed.  Reducing interest rates to near zero discouraged savings in savings accounts, CDs, money market accounts and other traditional conservative investments -- forcing investors into the only game in town -- the stock market.  Stocks are well above book value -- always a warning sign.  When, the Fed raises the interest rates, stocks will fall in value -- like a popped balloon or a slow leaking tire is the question? 

 

Pre 2008, remember how wealthy, homeowners felt based upon the perceived value of their houses!

Remember the drop in actual value that was a major trigger of the recession?  Same difference!

"Our deficits are falling faster than they have in 60 years." When Obama claimed that "our deficits are falling at the fastest rate in 60 years,' "

___________________________________________________

As Obama has added more debt, by increasing the annual deficits, than any president in history -- or all of them, of course this is true,  This is not something to be proud of.  Rather, something shameful -- burdening generations to come.

 

 

Debt 2000 to 2016

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  • Debt 2000 to 2016

Please excuse progressives, they don't no better,  Progressives are feelings and theory based creatures.  The ability to interpret data and statistics is beyond them.  Except, for a few who know how to weasel word statements to make something bad appear positive.  I've presented the reasons and how the stats were cooked. However, JT, will deny reality until the bitter end. 

Originally Posted by direstraits:

The average GDP growth is 1.95 percent for the last six years.  This is the worst recovery since the depression and even within the depression.  By definition, the present recovery is mediocre at best.  Unless the GDP rises significantly (3 to 4.5 percent) there isn't a lot of extra wealth to spread around.

_____________________________

 

Ok Dire, what is the average from 2010-2014? Since we all know that we were in serious financial crisis from the Bush administration you can't count 2008 and 2009 as Obama's numbers. Unless you just want to try and cook the numbers. 

 

Come one Dire, give me the average since the recovery began. If you can't, or won't I will.

Originally Posted by Jankinonya:
Originally Posted by direstraits:

The average GDP growth is 1.95 percent for the last six years.  This is the worst recovery since the depression and even within the depression.  By definition, the present recovery is mediocre at best.  Unless the GDP rises significantly (3 to 4.5 percent) there isn't a lot of extra wealth to spread around.

_____________________________

 

Ok Dire, what is the average from 2010-2014? Since we all know that we were in serious financial crisis from the Bush administration you can't count 2008 and 2009 as Obama's numbers. Unless you just want to try and cook the numbers. 

 

Come one Dire, give me the average since the recovery began. If you can't, or won't I will.

______________________________________________________________________

First, I did not count 2008, that was during the Bush administration. I counted only the six years of the Obama administration.  For the period 2010 to 2014, the average growth was 2.38 percent -- still very poor.  JT is practicing cherry picking as in most analysis of GDP growth their entire administration is under scrutiny. 

 

 

average GDP 2

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Originally Posted by teyates:

Yes Jank,

Please post the numbers AFTER the Republicans finally mange to retake the Legislature and get Obama;s tax and spend policies under reign. Remind how it took the Republicans finally growing a pair to get to this fool and his minions in check.

_________________________

 

That is funny. The Republicans hindered the recovery at every turn. They did nothing to help. Do you not remember the famous "we will do everything to make this administration a failure" and then they proceeded to try their best to do so. If we had let the Republicans have their way we would be in the same situation that Greece is in today. Their answer was austerity. President Obama and the Democrats in congress turned the economy around in spite of the obstructionist Republicans.

 

The Democrats had the majority in both houses for the first 2 years and in the Senate up until this last November. The Democrats and the President have fought tooth and nail against these numbskulls his entire Presidency. Thankfully they did not allow the Republicans to make good on their promise of complete failure. 

 

I hate to think where we would be if the Republicans that got us into this mess had been able to continue with their destruction of our country both abroad and at home. 

That is funny, you need to take that traveling show on the road Jank.  Too bad that the real people, who are actually knowledgeable about the way the world works, and actually pay taxes, don't find it too amusing that this administration is one of the most crooked and deviant administrations to ever hold office.  Thank God there has been some stumbling blocks in their way, in the form of Republican obstructionism or we would be in worse shape than we are in now.

 

Originally Posted by direstraits:
Originally Posted by Jankinonya:
Originally Posted by direstraits:

The average GDP growth is 1.95 percent for the last six years.  This is the worst recovery since the depression and even within the depression.  By definition, the present recovery is mediocre at best.  Unless the GDP rises significantly (3 to 4.5 percent) there isn't a lot of extra wealth to spread around.

_____________________________

 

Ok Dire, what is the average from 2010-2014? Since we all know that we were in serious financial crisis from the Bush administration you can't count 2008 and 2009 as Obama's numbers. Unless you just want to try and cook the numbers. 

 

Come one Dire, give me the average since the recovery began. If you can't, or won't I will.

______________________________________________________________________

First, I did not count 2008, that was during the Bush administration. I counted only the six years of the Obama administration.  For the period 2010 to 2014, the average growth was 2.38 percent -- still very poor.  JT is practicing cherry picking as in most analysis of GDP growth their entire administration is under scrutiny. 

 

 

average GDP 2

_____________________

 

This was the worst financial crisis this country has experienced since the great depression. Who was at the wheel when that happened? Bush's tax cuts and outrageous spending took us from a surplus to disaster. Now you all want us to just skip over that bit of historical fact and pretend that President Obama had a nice healthy economy to start with. We were told it would take years to recover from the mess Bush and his administration got us into, now you want to count 2009 as ALL Obamas. Somehow you expected him to come into office in January of that year and solve the whole thing in a matter of months while still working with Bush's budget policies. Stop trying to blow smoke. Anyone with any memory at all and a small bit of common sense knows the truth. 

 

I know you and other so called conservatives wish that the Bush years would just go away. You wish that we would not remember what he and his administration did to the country so that you can continue to lay the blame at the feet of this president. It ain't going to happen. Bush is still the worst president of my lifetime and he will go down in history as the one that almost destroyed us economically and our global reputation. President Obama hasn't even come close to doing the level of damage that man did to us. We will continue to pay for Bush's train wreck of a presidency for many years to come. 

 

I'll happily take the growth we have vs the free fall into economic disaster that the last Republican president left us with. 

Originally Posted by teyates:

That is funny, you need to take that traveling show on the road Jank.  Too bad that the real people, who are actually knowledgeable about the way the world works, and actually pay taxes, don't find it too amusing that this administration is one of the most crooked and deviant administrations to ever hold office.  Thank God there has been some stumbling blocks in their way, in the form of Republican obstructionism or we would be in worse shape than we are in now.

 

_______________________

 

The real people elected him back into office in 2012. He would win a 3rd term if he were able to run again. 

The "real" people elected him back in office....haha....You mean the ones who were still waiting on their free cells phones and goodies that he promised.?  Haha....you really got to let up Jank, put down the crack pipe and clear your head. Obama and his ilk couldn't win a dog catcher's contest if he ran again, unless he manages to figure out another way to promise "change" and not deliver.  He is more of the same old same old, and he is doing more to hurt our overseas reputation than anything any previous president ever did. Of course what did we expect?  Most of us knew you could not elect a man with the name "Barack Hussein" and expect him not to side with his Islamic fundamentalists handlers.

 JT is practicing cherry picking as in most analysis of GDP growth their entire administration is under scrutiny. 

------------------------

Dire, I went back over the posts on this subject. Would you be so kind as to quote what I "cherry picked".  All I could find was the typical republican response of no, no, no. And I asked "what is reality".  Show me and the others the "cherry picking". 

So, per Jank, the 49 percent who did not vote for Obama are not "real people!"  This is the meme the left uses to disenfranchise their opponents -- used over and over in other nations, At the extreme, the next step is extermination -- Obama's buddy Bill Ayers "we have to kill 25 million Americans."  The left is now pretty much antiSemite, although they will say the are just anti-Zionist -- same difference,

 

As to Greece, the anti-austerity program was a joke -- they went from loan to loan until Germany and the others stopped the flow.  Soon, we shall see the real results of socialism.

Originally Posted by Jankinonya:
Originally Posted by teyates:

That is funny, you need to take that traveling show on the road Jank.  Too bad that the real people, who are actually knowledgeable about the way the world works, and actually pay taxes, don't find it too amusing that this administration is one of the most crooked and deviant administrations to ever hold office.  Thank God there has been some stumbling blocks in their way, in the form of Republican obstructionism or we would be in worse shape than we are in now.

 

_______________________

 

The real people elected him back into office in 2012. He would win a 3rd term if he were able to run again. 


We can now always look back on this post and be able to pinpoint the exact date that Jank had her "over the edge she's lost her freaking mind" moment.

Originally Posted by teyates:

The "real" people elected him back in office....haha....You mean the ones who were still waiting on their free cells phones and goodies that he promised.?  Haha....you really got to let up Jank, put down the crack pipe and clear your head. Obama and his ilk couldn't win a dog catcher's contest if he ran again, unless he manages to figure out another way to promise "change" and not deliver.  He is more of the same old same old, and he is doing more to hurt our overseas reputation than anything any previous president ever did. Of course what did we expect?  Most of us knew you could not elect a man with the name "Barack Hussein" and expect him not to side with his Islamic fundamentalists handlers.

___________________________

 

It scares me a little that you are supposed to be an example of an educated Republican. His name? Really? Do you believe he is a secret muslim and that he wasn't born in the US? 

 

President Obama won the election fairly. You might not think that poor Americans have the right to vote or count as citizens in this country, but you would be wrong. He would win again. He is a president of the people, for the people. 

 

I know it just really tears you up that he got reelected this last time. LOL He has an approval rating of 47%. Compare that to other US presidents at the same stage of their presidency. For example Bush stood at 34% at the same time in his second term. Reagan was at 45%. Clinton, well...we all loved Clinton he was at 67%. 

 

As for our reputation abroad...Well apparently it is you that can't remember where we were before President Obama was elected. The world hated us. Our biggest allies had all but turned their backs on us after the Iraq invasion. The world cheered when we elected Obama. He is still loved by most people around the world. The only ones that really dislike him are muslim terrorist countries and our enemies. I can live with that, and I am sure he can too.

 


The "real people" came from Teyates. 

 

 "Too bad that the real people, who are actually knowledgeable about the way the world works, and actually pay taxes, don't find it too amusing that this administration is one of the most crooked and deviant administrations to ever hold office. "

 

He is the one that thinks that only those that oppose President Obama are "real people"

Originally Posted by Mr. Hooberbloob:
Originally Posted by Jankinonya:
Originally Posted by teyates:

That is funny, you need to take that traveling show on the road Jank.  Too bad that the real people, who are actually knowledgeable about the way the world works, and actually pay taxes, don't find it too amusing that this administration is one of the most crooked and deviant administrations to ever hold office.  Thank God there has been some stumbling blocks in their way, in the form of Republican obstructionism or we would be in worse shape than we are in now.

 

_______________________

 

The real people elected him back into office in 2012. He would win a 3rd term if he were able to run again. 


We can now always look back on this post and be able to pinpoint the exact date that Jank had her "over the edge she's lost her freaking mind" moment.

________________

 

Yeah, just like all you guys were convinced (based on your life inside the bubble) that he would not win re-election in 2012. hahahaha 

 

Even poor old Rove couldn't believe it. He lost his mind on live tv. 

 

Thankfully you guys and Rove were wrong and the American people made the right choice...again. We would be in a terrible position economically had he not won that second term. 

 

Jank's salivarious oblivations with the current Islamist (and yes, you can say what you want, but when you change your name from Sotero to Barack Hussein Obama, you are either a closet Islamist or you are delusional.  I can choose to believe either one, but prefer to believe that he knew what he was doing, and only his constituents were delusional) probably stem from poor government reporting and the obvious failure of the government to know what is going on in the real world. Look no further than todays paper where local officials were surprised to learn that there was a loss of manufacturing jobs.

"

But a state Department of Labor official explained Wednesday the confusion was caused by a company that never participated in the statewide process used to determine employment statistics.

Citing privacy laws, Department of Labor spokeswoman Tara Hutchison declined to identify the company that did not participate in the state’s monthly employment research. But Hillshire Farms was by far the largest of the three manufacturers that left Florence last year and laid off more than 1,000 workers.

Hutchison said 19,000 other employers in Alabama voluntarily contribute to the process that allows the state to provide data that economists and city and regional promoters find invaluable."

 

This happens all the time, because the government has no clues to what the actual jobs numbers are, nor the people who are unemployed.  They only know how many are drawing a check, and it is doubtful if they even know that correctly.

The "Great Recession" is not that much different than those in the the early 70s and 80s.

 

http://i2.cdn.turner.com/money/2010/09/20/news/economy/recession_over/chart_recessions.top.gif

http://money.cnn.com/2010/09/2...nomy/recession_over/

 

The recovery outcomes are different because of the handling of the different administrations. If Obama had not interjected government intrusion into the economy while at the same time creating a new entitlement because he chose to "not let a good crisis go to waste", we could have had a faster and better recovery. The politicians in the rest of the industrialized nations were cut from the same cloth as Obama so the recoveries have been as miserable or worse than ours. Our recovery would be worse if the tax and spend policies of the left were not destroyed by the voter.

Originally Posted by teyates:

Jank's salivarious oblivations with the current Islamist (and yes, you can say what you want, but when you change your name from Sotero to Barack Hussein Obama, you are either a closet Islamist or you are delusional.  I can choose to believe either one, but prefer to believe that he knew what he was doing, 

 

_______________________

 

Talk about being uninformed! He didn't change his name. His name has been Barack Hussein Obama since birth. Its on his birth certificate. His nickname was Barry. His step-fathers name was Sotero. He used his step fathers name when he lived with him in Indonesia. He took his real name back as he became an adult. 

 

Yes, you can CHOOSE to believe in anything you want. However you should remember that it would then be just your opinion and no longer a fact when you purposefully and willfully choose to believe something that is not true. I can only guess why you would perfer to believe a lie over the truth. Probably has something to do with this...

http://www.newstatesman.com/po...ublican-dog-whistles

Quick pop quiz: What's Barack Obama's middle name? Even if you haven't read it from the line above, it seems pretty likely that you know it's Hussein. Now, do you know John McCain's? (It's Sidney) What about Mitt Romney's? (Trick question. Mitt is his middle name, and his real first name is Willard. But even he forgets that sometimes)

There is a reason you know the former's but not the last two. It's because reminding everyone that Barack Obama has, not just a scary foreign-sounding name, but a scary, foreign and Islamic sounding name which is the same as that nasty dictator plays really well with a Republican audience.

To his credit, John McCain never got on board with that angle of attack, even going so far as to apologise for a radio commentator who did. But that doesn't mean the Republican base has forgotten their President's middle name.

Bottom line...Barack Hussein Obama was born and raised Muslim. The most 

beautiful sound to him was the morning raghead call to prayer.

The America hating Jeremiah Wright and his phony Christian club house

were obuma learned his second most beautiful song "g*****n America is

nothing more than a front for him as it is jeremiah.

 

You nauseating libs go crazy because not everyone loves your white

America hating Saul Alinsky communist. obuma patterns himself after him

and a few other anti Americans.

 

Obama's father, whom he had little contact with, was a Muslim.  His step father, also a Muslim, had much more influence.  Both were drunks -- mama really knew how to pick'em.  His maternal grandparents were mainly leftists.

 

Obama spend about 20 years in a Christian church with many of the overtones of the Westboro Baptists (both G- D- America), except the Westboro bunch appear to mainly a tax dodge.  Obama appeared to belong to the group because of their left wing beliefs.  I'd call him a left wing opportunist rather than a Muslim or Christian. 

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