Tried to stay out, but this is bs.
Obama said he'd reduce the budget deficit by half? The budget deficit was at 1.4 trillion a year when he took over. It is now at just over 400 billion. That is more than half.
Bush had about a 600B to which he added a Tarp that was partly repaid so his total deficit was about 800B. In that same fiscal year, Obama added 300B in his stimulus bring the total to 1.2T. He followed that with 4 consecutive trillion + years of deficit spending and in now at about the same rate that Bush was in his last term.
http://thehill.com/opinion/columnists/dick-morris/79359-these-are-the-true-deficits-bush-800b-obama-14t http://www.davemanuel.com/history-of-deficits-and-surpluses-in-the-united-states.phpWhen Obama took over, the unemployment rate was over 9% and quickly approaching 10% The unemployment rate is now at just over 5% and continuing to fall. From 800,000 jobs disappearing every month to hundreds of thousands of jobs being added a month.
First, the max unemployment under GWB was about 7.5% the end of the fiscal year was 9.2% using the U6. The current U6 is 11.3%. Reporting the U3 vs the U6 as the admin is doing is like saying you are going faster than your buddy who is passing you because you are reading the KPH on the speedometer.
http://useconomy.about.com/od/suppl1/f/real_unemployment_rate.htmWhen Obama took over, the Dow Jones was at just over 6000, and now it is at over 17,000[/quote] During the last year of GWB the dow hit 13.4K, the first two years of O it tanked to 8.8K. So it is higher now, it took us 4 years to get even before it went up again.
When Obama took over, home values were plummeting and people were being foreclosed on. Now home values are skyrocketing, and people have been able to refinance at reasonable rates.
Home prices are still high. Interest rates are being artificially held down so we cant make any money and banks dont want to lend.
When Obama took over, health insurance companies were able to deny coverage for preexisting conditions, and were able to drop your policy when you got sick and needed it most. Now you cannot be denied coverage.
You are still reading the pamphlet. You can now be denied care and you can still be denied for preexisting. Young people who dont NEED coverage are forced to buy coverage that they will never use, ie 22 y/o guys getting covered for pregnancy.
When Obama took over, Chevrolet was going bankrupt, and now they are profitable. They repaid their loan with interest.
First, they broke the contract and screwed the bondholders (check your 401K). GM did NOT pay back the bailout in full.
http://www.fool.com/investing/general/2013/03/23/why-government-motors-still-owes-you.aspxWhen Obama took over, Osama Bin Laden was partying with his buddies in Pakistan. Now he is at the bottom of the ocean.
I will give him that one, even though he had to be dragged off the golf course and piddeled around until it was almost to late.
I don't see how any reasonable thinking person could say Obama is a failure. He has accomplished much of what he wanted to do, despite complete obstruction by the republicans.
He got everything he wanted, even AFTER he lost both houses. Dont forget, he had nothing but Dems for quite a while, and still had the senate even after they lost the house. I am not sure how one does complete obstruction when one is not in power, but thats interesting doublethink.
The U.S. economy is doing very well. Our personal fortunes have improved. Is there more work to be done? Of course! That is why it is a good thing that the president for the next 8 years will be a democrat as well.
The US economy was downgraded and is in danger of it happening again. The DEBT which is the true troll in the closet has gotten twice as large. Country's all around the world are trying to get away from the dollar as standard currency. The stock market has grown on average 7.25 (ish)% since O has been in charge. Average is 12%.
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Wow, maybe you should have stayed out of it.....That's some crazy... and nice little snark about the golf course.