“Number of Able-Bodied Adults Without Dependents on Food Stamps Doubles”
___________________________________________
But, but...All I hear is that the Obamy economy is doing just fine. What gives?
This is how he defines a Fine economy for USA. We used to measure Fine economy by number of cars and other things. produced. Now Fine economy means number of able workers Obama has successfully reduced to dependency on the dole. Fine fine fine. And getting even finer all the time. Three more years of Increasing fineness.
Interesting how you get it and you are thousands of miles from here. Included is a letter to the editor in the local rag, from someone who thinks the economy is doing just fine, and you won’t find the ABAWD statistics, or the drop in average annual income in the letter. The writer claims internet privilege and peer review but the debt to GDP figures look really bogus. No one can possibly believe that with the rising debt, and shrinking GDP there can be any truth to those statistics.
“The numbers say we’re better off now
America is much better off now than when President Obama took office. In January of 2009 the Dow was 7,949; today it’s 16,437. Unemployment was
7.8 percent; today it’s 7 percent. GDP growth was a minus 5.4 percent; today it’s at plus 4.1 percent.
In 2009 when President Obama took office, the deficit relative to gross domestic product was 9.8 percent; today it’s 3.3 percent. Consumer confidence was 37.7 percent in January 2009; today it’s 73.5 percent.
All these numbers are easily found through an online search engine.
For some reason a large percentage of Americans choose to ignore how our economic situation has gotten better over the last five years. To be sure, Obamacare is having a rough roll-out. And there are other federal efforts that can be improved - most of them.
However, when someone generalizes from one specific case, Obamacare is awful, for example, and then generalizes and condemns the whole Obama progressive effort, they are making a logical fallacy. The fallacy is called generalizing from the particular. The fallacy is that the premise (Obamacare problems) fails to support the asserted conclusion (all progressive programs bad).
We are better off now than we were five years ago.”