- The Bureau of Labor Statistics reports that 11.4 million workers 16 or over have left the workforce since Obama took office. Thats nearly one-tenth of the entire workforce! If official unemployment statistics counted these people as unemployed, which they dont for some insane reason, we would certainly not be looking at unemployment creeping downward toward 6 percent. - The Washington Times reports that economic growth under Obama is the worst since Franklin Delano Roosevelt, and in case you dont know your history, that was the Great Depression. Annualized growth under Obama is still struggling to get up to 2.0 percent, and friends, that is horrendous. In fact, Obamas average rate of GDP growth is a full percentage point lower than any other modern president. Now it is true that he took office during a steep recession, but if you look at the history of post-recession periods, you will find that they are characterized by sharp recoveries. Not so in Obamas case, where weve seen sluggish growth plod along for five years since the recession officially ended. - When it comes to ObamaCare, maybe Obama measures it by assuming the passage of ObamaCare makes us better off, and thats that. The American people disagree. A majority continues to oppose ObamaCare and has since it was passed four years ago. Americans who have lost their health insurance, seen their premiums soar or seen their network of providers narrowed might also explain to the president why they are certainly not better off since we passed it to find out what was in it.
Posted on: Wed, 03 Sep 2014 21:29:41 +0000
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