Tuesday, June 04, 2013

Worse Than Any Other President EVAH: ObozoNomics

It's not your imagination.  Peter Ferrara, in Forbes:

...compare Obama’s recovery with other recoveries from other recessions since the Great Depression. By that measure, what is clear is that Obamanomics has produced the worst recovery from a recession since the Great Depression...

In the 10 previous recessions since the Great Depression, prior to this last recession, the economy recovered all jobs lost during the recession after an average of 25 months after the prior jobs peak (when the recession began), according to the records kept by the Federal Reserve Bank of Minneapolis. So the job effects of prior post Depression recessions have lasted an average of about 2 years. But under President Obama, by April, 2013, 64 months after the prior jobs peak, almost 5½ years, we still have not recovered all of the recession’s job losses....

...Obama’s so-called recovery included the longest period since the Great Depression with unemployment above 8%, 43 months, from February, 2009, when Obama’s so-called stimulus costing nearly $1 trillion was passed, until August, 2012....

If America enjoyed the same labor force participation rate as in 2008, the unemployment rate in December, 2012 would have been about 11%, compared to the monthly low of 4.4% in December, 2007, under President George Bush and his “failed” economic policies of the past.

So now he'll handle health care!  What a country!!!

16 comments:

Anonymous said...

I'm sure Jim will be by - belly full of Obama man goo - and tell us it's all false. He will even quote Dkos or Media Matters.

Unknown said...

In the third paragraph above, you refer to Obozo as "President Obama".

Your editors are not very vigilant.

Anonymous said...

Tim,

You have some donut crumbs on your shirt.

Jim said...

Imagine what the numbers would have looked like if the House hadn't spent their time voting to repeal Obamacare 37 times? Imagine if Republicans had done ANYTHING to actually help the economy.

Anonymous said...

Name one thing Senate Dems have done, Jim.

That's right. You can't.

Gutless puke.

Anonymous said...

Come on Jim. You can lie like Obama and come up with one thing.

Anonymous said...

Jim,

I'd really like to know why things like this short list of Obama's corruption shouldn't worry me.

Tell me why I should continue to be civil and pay my "fair share" to this lying corrupt asshole and his team.


The president’s Justice Department sold weapons to narco-terrorists south of our border, who killed one of our finest.

The president’s State Department lied about Benghazi with false information provided by the White House.

The president’s attorney general authorized spying on a Fox News reporter and his family for reporting on a North Korean nuclear test.

The president’s Justice Department confiscated phone records of the Associated Press because they reported on a thwarted terrorist attack.

The president’s Treasury Department uses the IRS to target political opposition.

The president’s Health and Human Services secretary pressures insurance companies she is supposed to regulate to promote ‘Obamacare,’ which is the same law she uses to force citizens to pay for abortion inducing drugs against their religious liberties.

Anonymous said...

"Obama urged the large crowd to "reject" cynicism about government"

Because...

Jim?

Anonymous said...

Still no response from Jim.

Jim is a gutless puke.

Jim said...
This comment has been removed by the author.
Anonymous said...

Jim's response summarized:

http://youtu.be/g4bftQ4xxFc

Anonymous said...

And that little skirmish in Benghazi was due to a spontaneous protest by people appalled by a reprehensible video posted on Youtube.

Have some more Kool-Aid...

Anonymous said...

Clearly the Ailes talking points have been effectively disseminated.

Anonymous said...

Indeed they have.

Anonymous said...

So Jim posted a bunch of lies at 11:14 a.m., then deleted them.

You are lying, gutless puke, Jim.

Anonymous said...

Jim, you are still a lying, gutless puke.