GDP - measured in 2009 dollars
Q308 - $14.892 trillion
Q316 - $16.713 trillion
Bottom line - Up 12%Q316 - $16.713 trillion
Obama's Economic Legacy... by the numbers
- Thread starter davidallen
- Start date
Dow Jones
Q308 - 9,319
Q316 - 18,332
Bottom line - 96% gains if you invested - or roughly a 8.8% CAGR.Q316 - 18,332
Median household income
Q308 - $50,303
Q316 - $57,929
Bottom line - up 15% just trailing rate of inflation over the same period.Q316 - $57,929
Uninsured Americans (Healthcare)
Q308 - 45 mln
Q316 - 27 mln
Bottom line - Down 18 million - 40% reduction even as the US population has projected to increase by 20 mln.Q316 - 27 mln
Few things...
First, for those of you who want to reply to Trump criticism with "SCOREBOARD" - this is a scoreboard that matters.
Second, when a rough patch shows up and you feel compelled to talk about the "shit show that Trump inherited" - make sure you have your facts straight. He is walking into a situation where the fundamentals are favorable and will have nothing but his own policies to blame if things head south.
Finally, I am rooting for him to be successful if only because we, as a nation, have a golden oppty to continue and even accelerate an economic recovery that will lift all Americans.
First, for those of you who want to reply to Trump criticism with "SCOREBOARD" - this is a scoreboard that matters.
Second, when a rough patch shows up and you feel compelled to talk about the "shit show that Trump inherited" - make sure you have your facts straight. He is walking into a situation where the fundamentals are favorable and will have nothing but his own policies to blame if things head south.
Finally, I am rooting for him to be successful if only because we, as a nation, have a golden oppty to continue and even accelerate an economic recovery that will lift all Americans.
So, "bottom line" Obama did nothing wrong? You think our country is financially in a good place? You think the pople of this country are better off than they were when he took over?
Cup and Obama are the only people who use the phrase "SCOREBOARD". If Trump does something stupid he will be called out on this board. We're not sheep like the fanboys on the the left.
By the way, your use of nine different posts to emphasize your point was awesome.
Cup and Obama are the only people who use the phrase "SCOREBOARD". If Trump does something stupid he will be called out on this board. We're not sheep like the fanboys on the the left.
By the way, your use of nine different posts to emphasize your point was awesome.
Up 12 percent from one of the worst recessions in history, over 8 years is awful.That is an average growth rate of 1.425%.
What would the deficit have been if not constrained by sequester?
0bama didn't build that. Nice cherry picking of numbers though David.
Here's some more to shine a light on 0bama's economic legacy...
https://www.aei.org/spotlight/the-obama-economy-perry/
Here's some more to shine a light on 0bama's economic legacy...
https://www.aei.org/spotlight/the-obama-economy-perry/
Spin it anyway you want.
Incomes are stagnate, huge increase in people out of the workforce which are not included in the unemployment rate, annual GDP growth at record low rates.
Do you think people in Pennsylvania, Michigan, Wisconsin or Ohio think the Obama economy has been good for them? They are basically the states responsible for President Trump.
Outside of the fact the narcissist Obama will try and interject his opinion into everything going forward Obama is going to go down in history as another Jimmy Carter.
Incomes are stagnate, huge increase in people out of the workforce which are not included in the unemployment rate, annual GDP growth at record low rates.
Do you think people in Pennsylvania, Michigan, Wisconsin or Ohio think the Obama economy has been good for them? They are basically the states responsible for President Trump.
Outside of the fact the narcissist Obama will try and interject his opinion into everything going forward Obama is going to go down in history as another Jimmy Carter.
Honey, come look at how I put these redneck conservatives in their place! May I have another scone?
15.5 million of those are Medicaid. Man that 0bamacare is a raging success, huh?
Hmmmmm. Exactly why have rates been kept so low during his presidency? Must be that booming 0bama economy!
From census.gov...
- In 2015, real median household income was 1.6 percent lower than in 2007, the year before the most recent recession, and 2.4 percent lower than the median household income peak that occurred in 1999. (The difference between the 2007 to 2015 and 1999 to 2015 percentage changes was not statistically significant.)
Two things- Scones make me fat (ter) and I feel bad that you feel inferior sometimes.Honey, come look at how I put these redneck conservatives in their place! May I have another scone?
Yes.
Factually incorrect.
I understand too much choice overwhelmes you some times. Find a nice quiet place and take a few deep breathes you'll be fine.
+1
I hope too that the recovery continues and will lift all Americans...but I think we both know which Americans are going to be lifted over the next four years. It won't be all Americans sadly.
Which ones won't it lift, why not, and how would a popular vote driven Hillary win have lifted them? I have so many questions.
If Pilt and Sis got together and had a baby, this guy kind of fits that mold.
I prefer to think that they both got penetrated... so I have no idea who actually performed the gestation.
