Obama - a record of mailaise and failure

Truth Detector

Truth Detector

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Obamunism in Debt:

2009 $11,910 83%
2010 $13,562 90% Obama Stimulus Act cost $400 billion.
2011 $14,790 95%
2012 $16,066 99%
2013 $16,738 99%
2014 $17,824 101% War cost $309 billion. QE ended. Strong dollar hurt exports.
2015 $18,151 99%
2016 $19,573 104%

Total Debt = $9,548 Billion. A 95% increase.
 
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GDP

2009 $14.449 $15.209 -2.5% Stimulus Act.
2010 $14.992 $15.599 2.6% ACA. Dodd-Frank.
2011 $15.543 $15.841 1.6% Japan earthquake.
2012 $16.197 $16.197 2.2% Fiscal cliff.
2013 $16.785 $16.495 1.8% Sequestration.
2014 $17.522 $16.900 2.5% QE ends.
2015 $18.219 $17.387 2.9% TPP. Iran deal.
2016 $18.707 $17.659 1.6% Presidential race.

Average Annual GDP = 1.58%
 
DOW previous High before Obamunsim October 12, 2007, closing at 14,093.48.

DOW when Obama left office 1/20/17, closing at 19,827.25

DOW gain over 8 years was 5,733.77 or 716.72 annually.
 
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Unemployment under Obamunism:

2009 9.9% ARRA. Min wage $7.25. Jobless benefits extended
2010 9.3% Obama tax cuts.
2011 8.5% 26 months of job losses by July. Debt ceiling crisis. Iraq War ended.
2012 7.9% QE. 10-year rate at 200-year low. Fiscal cliff.
2013 6.7% Stocks up 30%. Long term=50% of unemployed.
2014 5.6% Unemployment at 2007 levels.
2015 5.0% Natural rate
2016 4.7% Presidential race

Average under Obamunsim was 7.2%.
 
Obamunism on Inflation and Fed Funds rate:

2009 2.7% 0% Jun trough (-2.5%) ARRA
2010 1.5% 0% Expansion (2.6%) ACA. Dodd-Frank
2011 3.0% 0% Expansion (1.6%) Debt ceiling crisis
2012 1.7% 0% Expansion (2.2%)
2013 1.5% 0% Expansion (1.8%) Government shutdown. Sequestration
2014 0.8% 0% Expansion (2.5%) QE ends
2015 0.7% .25% Expansion (2.9%) Deflation in oil and gas prices
2016 2.1% .75% Expansion (1.6%)

Note the Fed Funds rate was held to near zero for most of Obama's Presidency. A sign of the malaise suffered under Obamunism.
 
Obama came into office facing a second great depression that Bush left him. We were shedding as many as 800,000 jobs a month. Homes were being foreclosed and banks and companies were failing. We were in deep shit. Truth Deflector thinks that was the same thing Obama handed over to Trump. He cannot follow or undestand the economic graphs that show Trump's economy is on the same trajectory that Obama handed over. He is able to self delude on a scale that only far rightys have mastered. Or he is lying, or stupid. No positive choices exist.
 
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Nordberg said:
Obama came into office facing a second great depression that Bush left him. We were shedding as many as 800,000 jobs a month. Homes were being foreclosed and banks and companies were failing. We were in deep shit. Truth Deflector thinks that was the same thing Obama handed over to Trump. He cannot follow or undestand the economic graphs that show Trump's economy is on the same trajectory that Obama handed over. He is able to self delude on a scale that only far rightys have mastered. Or he is lying, or stupid. No positive choices exist.
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Why do you think homes were being foreclosed on ? Banks were forced to give loans to people who could not pay for them . Community Reinvestment Act !! Saw it in my own neighborhood . People buying $500,000 homes driving 30 year old junker cars . Including illegal aliens ! Knew right away it wasn't going to end well . Sure enough they were foreclosed on ! Hence the Clinton great depression !
 
Vasquezrocks said:
Why do you think homes were being foreclosed on ? Banks were forced to give loans to people who could not pay for them . Community Reinvestment Act !! Saw it in my own neighborhood . People buying $500,000 homes driving 30 year old junker cars . Including illegal aliens ! Knew right away it wasn't going to end well . Sure enough they were foreclosed on ! Hence the Clinton great depression !
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The lending agencies were controlled by banks. The same banks that were selling the crap mortgage-backed securities. If you did a scrap of checking out what happened, you would know the banks determined the levels of scrutiny lenders were going to use . The rating agencies said the bankers were pulling their strings too.
You are being suckered again. Read something real. We had a televised house investigation showing what was going on. The banks, lending agencies, and rating agencies all confessed. Hence you are absolutely wrong.
 
Nordberg said:
Obama came into office facing a second great depression that Bush left him. We were shedding as many as 800,000 jobs a month. Homes were being foreclosed and banks and companies were failing. We were in deep shit. Truth Deflector thinks that was the same thing Obama handed over to Trump. He cannot follow or undestand the economic graphs that show Trump's economy is on the same trajectory that Obama handed over. He is able to self delude on a scale that only far rightys have mastered. Or he is lying, or stupid. No positive choices exist.
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Yeah yeah, we heard that bullshit for eight fucking years asshat; Obama said he was going to FIX everything and UNITE the country. He did exactly the OPPOSITE yet morons like you still praise him for the malaise and deficits and losing the House and the Senate.

That's how fucking dumb you morons really are.
 
Vasquezrocks said:
Why do you think homes were being foreclosed on ? Banks were forced to give loans to people who could not pay for them . Community Reinvestment Act !! Saw it in my own neighborhood . People buying $500,000 homes driving 30 year old junker cars . Including illegal aliens ! Knew right away it wasn't going to end well . Sure enough they were foreclosed on ! Hence the Clinton great depression !
Click to expand...

The video:

Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis
 
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