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Obama's "Recovery" The WORST Since 1882
Confounded Interest ^ | 10/15/2012 | Anthony B. Sanders

Posted on 10/15/2012 7:44:21 AM PDT by whitedog57

According to Stanford economist John Taylor, the current economic recovery is the slowest since 1882. Economic growth is generally strong following recessions, but not this time around.

According to Taylor, “Growth was nearly 4 times stronger on average in the past recoveries. The only recovery in this list in which growth was as weak as this one followed the 1990-91 recession, but that was from a very shallow recession with output declining only 1.1%, so growth did not need to get very high to catch up.”

In addition to looking at economic growth rates (which we know have been lackluster following the most recent recession), we can see other indicators that the recent “recovery” has been dismal.

Hmm. Rising taxes, declining salary and wages, over $1 million per taxpayer for unfunded liabilities. Hey, can we try something different? Like lower taxes and greater economic growth?

Let’s change the question “Are you better off than 4 years ago?” to “Are you better off than under President Chester Arthur?”

Too bad President Obama and Congress spent so much time RAISING taxes (Obamacare) and regulating (Dodd-Frank) that they didn't try to help businesses create jobs.

(Excerpt) Read more at confoundedinterest.wordpress.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: 2012; bhoeconomy; democrats; economy; obama; obamatruthfile; stagnation
This guy nails it. Obama has been an economic disaster and Romney needs to bring that up.
1 posted on 10/15/2012 7:44:27 AM PDT by whitedog57
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To: whitedog57

It’s no surprise that the least prepared president in ten generations has supervised the worst recovery 130 years.


2 posted on 10/15/2012 7:49:50 AM PDT by Sgt_Schultze (A half-truth is a complete lie)
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To: whitedog57

Recoveries don’t happen as a result of government programs and spending but in spite of. Recovery and growth happens because Americans work, invest, invent, produce, create, save, borrow, lend, etc. Government just gets in the way and hampers our efforts. D.C. needs get out of the way. Less spending, regulation and taxation.


3 posted on 10/15/2012 8:06:22 AM PDT by all the best (`~!)
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To: whitedog57

How about that, ozero has set another record.


4 posted on 10/15/2012 8:09:17 AM PDT by Texas resident (Let's elect an American this time.)
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To: Texas resident

Recovery?!! How can you all anything we’ve seen anywhere near a recovery. People are having to rob their savings just to pay the bills because of all the hyper inflation though you will never see anything come from the Obama administration that reflects anything near what we are actually experiencing.


5 posted on 10/15/2012 8:28:36 AM PDT by jsanders2001
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To: whitedog57

The economy would recover BUT FOR the current Occupancy in the White House doing everything he can to kill it off...


6 posted on 10/15/2012 9:21:52 AM PDT by faithhopecharity
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To: whitedog57

Quick -— someone tell Michelle.


7 posted on 10/15/2012 9:28:42 AM PDT by jersey117
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To: whitedog57

There is always more meaningful, more economically beneficial investment that goes on in an economy when the government robs less from the people instead of taking more from the people and calling the purpose of that theft government “investment”.


8 posted on 10/15/2012 11:09:56 AM PDT by Wuli
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To: jsanders2001

I guess I forgot to add the sarcasm tag there.

This “recovery” his media speaks of is nothing but cover for his failures.


9 posted on 10/15/2012 1:05:43 PM PDT by Texas resident (Let's elect an American this time.)
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