Posted on 12/22/2017 10:32:27 AM PST by Starman417
When he took office, barack obama haughtily demanded the he be handed the economy:
President Obama this summer has repeatedly blamed George W. Bush for the nation’s economic woes, a year after he took ownership of the economy and criticized those who “carp and gripe.”Except he didn't. The very next day obama went on a Bush blaming binge that lasted eight years during which he did little more than carp and gripe.The White House’s effort to tie congressional Republicans to Obama’s predecessor comes less than three months before the midterm elections. But the president’s campaign speeches this summer are in contrast to a speech he delivered in Michigan last year when his approval ratings were 17 points higher.
During a July 14, 2009, address in Warren, Mich., Obama said, “Now, my administration has a job to do, as well, and that job is to get this economy back on its feet. That's my job. And it’s a job I gladly accept. I love these folks who helped get us in this mess and then suddenly say, ‘Well, this is Obama’s economy.’ That’s fine. Give it to me. My job is to solve problems, not to stand on the sidelines and carp and gripe.”
At the time, the AP wrote, “With four simple words — ‘Give it to me’ — President Barack Obama took possession of the economy.”
Obama's constant whining about the bad economy he inherited still finds resonance among a voting public that has been conditioned to ignore the president's ruinous economic policies and concentrate their ire on President Bush.Here is obama's economic record in nine charts:Whatever shortcomings in economic policies Bush promoted - and they were many - the impact of his actions on our current economy have long since faded. The economy is being driven by economic policies implemented by the Obama administration. The financial meltdown was a horrible event but after 5 years of legislative stimulus and, more imporantly, stimulus implemented by the Federal Reserve, we have yet to dig ourselves out of a hole despite spending trillions of dollars. The fixes applied by the Obama administration have not worked - period.
But try telling the American people that when it is routine for the president and the press to blame his predecessor for the moribund economy and jobless recovery. Perception is reality in politics. And Obama has been successful in feeding the perception that the opposition is to blame for his incompetence and rancid ideas.
obama was bent on "spreading it around" and making so sure no one got a leg up on anyone else that he largely kept everyone down. He kept his jackboot on the throat of American business his entire tenure and tied the country in knots with regulations.
To see more of what obama blames for his record, see here and here.
The truth obama cannot face is that he was responsible for his moribund economy and worst recovery almost ever.
Obama’s 2.2 percent annual GDP growth has been just over half the 4.1 percent yearly hike in federal revenues. Between fiscal years 1965 and 2014, federal receipts averaged 17.4 percent of GDP. The figure for fiscal year 2015 was 18.2 percent. Uncle Sam is fat and happy. Meanwhile, only 3.6 percent of Americans under 30 own private businesses, a 24-year low, down from 10 percent in 1989. The 14.3 percent poverty rate for 2009 was 14.8 in 2014, the Census Bureau’s latest reading. Sentier Research reports that in 2015 real median household income, $56,700, was right where it was in 2007. America’s middle class has wasted eight years on the road to nowhere. For this anemia, please thank Obamacare, Dodd-Frank, the war on coal, green mandates, a flopped $833 billion “stimulus,” the 35 percent corporate tax (the civilized world’s highest), class warfare, and Obama’s 77 percent national-debt increase — from $10.6 trillion to $18.8 trillion. Obama and the Democrats typically pin this fine mess on Bush. His compassionate socialism certainly created widespread wreckage. But America hired Obama to change that. If Bush still is to blame, then Obama has accomplished nothing in seven years. As Bill Clinton revealed: Obama is either an economic Typhoid Mary or an economic Rip Van Winkle.
(Excerpt) Read more at floppingaces.net ...
Those graphs are compelling and should be shown to every lefty who talks about Obama’s record in positive terms.
Remember when 2010 was supposed to be recovery summer? Whatever happened to that plan?
Zer0 and his DemoRAT minions are anti-Capitalists, which is the hallmark of Communists. Anyone who can’t see that are zombies walking in the fantasy land of the Unicorn Farm.
Liberalism destroys everything it touches.....everything. That includes the great U.S. economy. The charts prove it.
NEVER, ever let a liberal near the “levers of power” within the government. They are vile, godless, vicious fools intent on the destruction of this country.
Commie recovery
This is typical of a Leftie -- everything has to be "equal".
Well, those of us living in reality know that everything cannot be equal, because people are individuals with individual talents, wants, likes, and desires.
What the Left always does is make sure that everyone is equally miserable.
Most of the GDP we did have under Obama was healthcare spending.
That extra $1.3 trillion in his first budget, which included the “one time” $833 billion stimulus package, was never taken out of the budget. It has been there every year since then. That is how he added that extra $10.4 trillion to the national debt.
Obama the magician...he made one Trillion dollar stimulus disappear, without a trace!
Historical BUMP!
Don’t forget the bocce ball court in Palm Springs that nobody wanted and has no parking lot.
Or BO’s pet project, the lethal hi speed rail system through Washington state that the locals desperately did not want. The mayor had said just a few days before the wreck that there was no way that thing was safe and a tragedy was going to happen.
My same thought. Those charts are damning.
I still try to wrap my brain around the fact that an 8 year old lemonade stand operator had more business experience than Obama, who thought he was some economic savant.
Well, DUH!!
The buzzards voted into office a Soros mohammedan charged with destroying America, while we enjoy it!!
....and you can keep your doctor.
But, but, but congress didn't know that was in there.
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