Economy rallying to Obama's advantage

[dogtowner]

Personal Incomes Fall More During ‘Recovery’ Than During The Recession

America’s longest economic recession since WWII, ended in June of 2009. The recession’s end means that our economy has allegedly been in recovery mode since July of 2009, more than two and a half years. If we are in recovery, why have American’s incomes dropped more during the recovery than they did in the recession? The facts are clear.

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Personal incomes fell during the recession by 3.2%.​

During the recovery (since July 2009), personal incomes have fallen an additional 6.7%.​

Those numbers were posted in a report by Sentier Research using numbers provided by the U.S. Census. (The RED line is the Household Income Index)

http://www.theblaze.com/stories/per...re-during-recovery-than-during-the-recession/

Contrast that to the rising numbers of federal employees along with their compensation, federal bailout / subsidy of union jobs and sweetheart federal money for friends (donors). Obama has accomplished what he was paid to do without regard of the toll on the country.

 

[Phoenix68]

Happy New Year - especially to all the comrades in the Tea Parties

"..No Republican activist or politician would dare admit it, but - strategically speaking - a recovering US economy is the last thing they wanted. Throughout 2011, as candidates slogged through the first voting districts of Iowa's rural counties and New Hampshire's small towns, they have sustained a relentless attack on Obama's handling of the economy. It was an easy song to sing.

With the official jobless rate stuck near 9 per cent - far higher in reality - Americans have endured a grim hangover from the Great Recession, coupled with embarrassment at Standard & Poor's historic downgrade of American debt that sparked hand-wringing over the country's lost sense of place in the world.

The dire state of the economy also propelled the right-wing Tea Party movement to attack government spending and then the leftist Occupy movement to assail the financial sector. In the middle was the erosion of the American middle class, beset by stagnant wages, cratered house prices and a job market defined by fear - a grim backdrop for any incumbent president trying for a second term.

But now, though hardly roaring forward, the US economy does appear to be improving. Since September, businesses have created an average of 150,000 jobs a month, the jobless rate inching down to sit at 8.6 per cent. Some forecasters believe the economy could grow 3 per cent in the fourth quarter of 2011, and one recent survey of top economists predicted a 2.4 per cent growth rate for 2012.

Though house prices are still dropping, house sales are rising and so is construction of new homes. Consumer confidence is also steadily recovering, all leading to a shift in perception that can only alleviate some of Obama's worst fears. . Now even Republicans admit the economic ground on which the 2012 campaign will be fought is shifting away from them. "I think [Obama] might be feeling a little better today than even four or five weeks ago," said Patrick Griffin, a political scientist and Republican strategist who has worked for presidential candidate Mitt Romney and former President George W. Bush.

http://msn.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=10776235

Comrade Stalin

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It's just what we Dems do.
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[Phoenix68]

LMAO .... more like mainstream media BS. Only brainless liberals and other liberal news outlets read the BS spin article like the one you quoted by Paul Harris. And, moreover, only an out of touch IDIOT would believe this opinion page from the NZ Herald. Nice try, but mainstream America who are living and operating in this economy everyday will never buy this bill of goods from some liberal pundit in New Zealand!

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The Obama Recovery About To Make Trump Look Good
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U.S. Economy Under Obama 2009-2017
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[Phoenix68]

Economy rallying to Obama's advantage​

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President Obama’s policies revived the economy
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U.S. economy under Obama 2009-2017
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The Obama recovery is about to make Trump look good
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Comparing the ‘Trump economy’ to the ‘Obama economy’
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