shiang
Well-known member
- Joined
- Sep 6, 2012
- Messages
- 937
- Reaction score
- 159
- Gender
- Male
- Political Leaning
- Progressive
Employment:
http://data.bls.gov/generated_files/...8_net_1mth.gif
http://data.bls.gov/generated_files/...8_net_1mth.gif
Page Not Found - Debate Politics Forums
Obama was inaugurated on Jan 20, 2009, his first major legislation was the $831 Billion Stimulus plan American Recovery and Reinvestment Act of 2009 - Wikipedia, the free encyclopedia was enacted on Feb 17 2009. If you know anything about economics, policies take at least a year or two to take effect. So the effect of his policies should be seen between 2010 and 2011. Republicans (and the "Tea party") took control of the House in 2011 so if I wanted to be picky I can attribute the current slow down in growth to them. I'm willing to take it as a natural mini recession in the economic cycle.
So...
1.Employment is UP
2.Unemployment was over 10% when Obama took office it's down to 8.3% (not good, and our president agrees, but much better)
This is generally common knowledge but if you want me to cite sources I can. The 8.3% is words from Romney adds not my words.
Stocks:
Dow Jones:
From under 7000 to over 14000
Dow Jones Industrial Average (DJIA) History
Nasdaq:
From under 1400 to over 3100
NASDAQ Composite History
S&P500:
From under 700 to over 1400
S&P 500 History
I swear if no drastic measures and policy changes were made the Dow would go under 4k and we'd be headed into depression. I give credit to Bush for making some good decisions at the end of his office. Though the tax cuts and deregulation policies along with starting unnecessary wars were key contributors to our economic collapse.
National Debt:
Debt went from 10+ trillion to 14+ Trillion. For those of you who aren't familiar with global economics this is completely NORMAL. Given the hand he was dealt, the companies he saved, the expansion of health coverage under Obamacare I'd say he did a good job.
BTW to put things in perspective Reagan almost quadrupled the debt (and George W. Bush almost doubled the debt (from under 6 trillion to over 10 trillion)
http://upload.wikimedia.org/wikiped...ng/800px-US_Public_Debt_Ceiling_1981-2010.png
Keep in mind this graph is linear and you have to use % increase.
Heck even gas prices are down from four years ago where it was over $4.10 now now hovering around $3.80
http://data.bls.gov/generated_files/...8_net_1mth.gif
http://data.bls.gov/generated_files/...8_net_1mth.gif
Page Not Found - Debate Politics Forums
Obama was inaugurated on Jan 20, 2009, his first major legislation was the $831 Billion Stimulus plan American Recovery and Reinvestment Act of 2009 - Wikipedia, the free encyclopedia was enacted on Feb 17 2009. If you know anything about economics, policies take at least a year or two to take effect. So the effect of his policies should be seen between 2010 and 2011. Republicans (and the "Tea party") took control of the House in 2011 so if I wanted to be picky I can attribute the current slow down in growth to them. I'm willing to take it as a natural mini recession in the economic cycle.
So...
1.Employment is UP
2.Unemployment was over 10% when Obama took office it's down to 8.3% (not good, and our president agrees, but much better)
This is generally common knowledge but if you want me to cite sources I can. The 8.3% is words from Romney adds not my words.
Stocks:
Dow Jones:
From under 7000 to over 14000
Dow Jones Industrial Average (DJIA) History
Nasdaq:
From under 1400 to over 3100
NASDAQ Composite History
S&P500:
From under 700 to over 1400
S&P 500 History
I swear if no drastic measures and policy changes were made the Dow would go under 4k and we'd be headed into depression. I give credit to Bush for making some good decisions at the end of his office. Though the tax cuts and deregulation policies along with starting unnecessary wars were key contributors to our economic collapse.
National Debt:
Debt went from 10+ trillion to 14+ Trillion. For those of you who aren't familiar with global economics this is completely NORMAL. Given the hand he was dealt, the companies he saved, the expansion of health coverage under Obamacare I'd say he did a good job.
BTW to put things in perspective Reagan almost quadrupled the debt (and George W. Bush almost doubled the debt (from under 6 trillion to over 10 trillion)
http://upload.wikimedia.org/wikiped...ng/800px-US_Public_Debt_Ceiling_1981-2010.png
Keep in mind this graph is linear and you have to use % increase.
Heck even gas prices are down from four years ago where it was over $4.10 now now hovering around $3.80