Golden Tankard

Kave8991

Joined: 12/5/14 Posts: 2382
Likes: 589


Here are the facts


US News & World Report: PoliticFact:

Republicans and Obama-critics have been quick to point out that the recently retired commander in chief is the first president in the post-war era to have never seen economic growth hit at least a 3 percent pace in any year he was in office. Obama's tenure also overlapped with the most significant economic crisis since the Great Depression, so his administration was forced to be a clean-up crew during his eight years in office.

President Barack Obama’s greatest economic achievement was to prevent the Great Recession from spiraling into a full-blown depression.

By the time Obama was inaugurated in 2009, the unemployment rate had spiked from 5 percent to 7.8 percent, on its way to 10 percent a few months later. A rising tide of middle-class families were losing homes, turning to food stamps and seeking government-sponsored health care for the first time.

Yet Obama handed Trump the reins of an economy with a 4.7 percent unemployment rate; 75 consecutive months of job growth; rising stock prices, home values, corporate profits and consumer confidence; low inflation; and, following several years of sluggish income growth, a record spike in middle-class incomes.

(In response to this post by greensboropirate)

Posted: 10/10/2017 at 5:12PM



+2
Current Thread:
  A source that was so trusted it sold for a dollar -- Paleales 10/11/2017 09:26AM
  They dont call him President Manbaby for nothing. ** -- sandpaper 10/10/2017 5:20PM
  The sad part for you is the country is experiencing better -- greensboropirate 10/10/2017 4:36PM
  Then please explain -- SJCPirate80 10/10/2017 6:20PM
  Bwahahahaha..........Not even close ** -- gvegaspirate 10/11/2017 11:43AM
  That’s easy. -- bucinor 10/10/2017 7:37PM
  Wow I'm really impressed -- SJCPirate80 10/10/2017 10:17PM
  Clarification. -- bucinor 10/10/2017 10:57PM
  Why weren’t the economic numbers as good when -- greensboropirate 10/10/2017 5:40PM
  Do you realize how silly you sound saying that? ** -- trinitypirate 10/10/2017 5:16PM
  I see you have no answer. ** -- trinitypirate 10/10/2017 9:38PM
  Keep telling yourself that. ** -- greensboropirate 10/10/2017 5:06PM
  It's true, facts don't lie. ** -- Kave8991 10/10/2017 5:07PM
  Facts are not your strong suit. ** -- greensboropirate 10/10/2017 5:09PM
  Here are the facts -- Kave8991 10/10/2017 5:12PM
  FACT: the unemployment rate and -- greensboropirate 10/11/2017 07:17AM
  I asked you below to actually explain how..... -- JS-Pir 10/10/2017 6:03PM
  Here you go -- Kave8991 10/10/2017 7:11PM
  But he's a business man! ** -- ecudmarsh7 10/10/2017 3:31PM

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