http://www.zerohedge.com/news/2013-08-21...nder-obama

I deleted a few redundant or pointless ones.

Quote:#1 When Barack Obama entered the White House, 60.6 percent of working age Americans had a job. Today, only 58.7 percent of working age Americans have a job.

#2 Since Obama has been president, seven out of every eight jobs that have been "created" in the U.S. economy have been part-time jobs.

#3 The number of full-time workers in the United States is still nearly 6 million below the old record that was set back in 2007.

#4 It is hard to believe, but an astounding 53 percent of all American workers now make less than $30,000 a year.

#5 40 percent of all workers in the United States actually make less than what a full-time minimum wage worker made back in 1968.

#6 When the Obama era began, the average duration of unemployment in this country was 19.8 weeks. Today, it is 36.6 weeks.

#7 During the first four years of Obama, the number of Americans "not in the labor force" soared by an astounding 8,332,000. That far exceeds any previous four year total.

#8 According to the U.S. Census Bureau, the middle class is taking home a smaller share of the overall income pie than has ever been recorded before.

#9 When Obama was elected, the homeownership rate in the United States was 67.5 percent. Today, it is 65.0 percent. That is the lowest that it has been in 18 years.

#10 When Obama entered the White House, the mortgage delinquency rate was 7.85 percent. Today, it is 9.72 percent.

#13 Median household income in America has fallen for four consecutive years. Overall, it has declined by over $4000 during that time span.

#14 The poverty rate has shot up to 16.1 percent. That is actually higher than when the War on Poverty began in 1965.

#16 When Barack Obama entered the White House, there were about 32 million Americans on food stamps. Today, there are more than 47 million Americans on food stamps.

#17 At this point, more than a million public school students in the United States are homeless. This is the first time that has ever happened in our history. That number has risen by 57 percent since the 2006-2007 school year.

#19 Electricity bills in the United States have risen faster than the overall rate of inflation for five years in a row.

#20 Health insurance costs have risen by 29 percent since Barack Obama became president, and Obamacare is going to make things far worse.

#21 The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.

#22 According to economist Tim Kane, the following is how the number of startup jobs per 1000 Americans breaks down by presidential administration...

Bush Sr.: 11.3

Clinton: 11.2

Bush Jr.: 10.8

Obama: 7.8

#23 In 2008, that total amount of student loan debt in this country was 440 billion dollars. At this point, it has shot up to about a trillion dollars.

#25 During Obama's first term, the number of Americans collecting federal disability insurance rose by more than 18 percent.

#26 The total amount of money that the federal government gives directly to the American people has grown by 32 percent since Barack Obama became president.

#27 According to the Survey of Income and Program Participation conducted by the U.S. Census, well over 100 million Americans are enrolled in at least one welfare program run by the federal government.

#28 As I wrote about the other day, American households are now receiving more money directly from the federal government than they are paying to the government in taxes.

#30 At the end of 2008, the Federal Reserve held $475.9 billion worth of U.S. Treasury bonds. Today, Fed holdings of U.S. Treasury bonds have skyrocketed past the 2 trillion dollar mark.

#31 When Barack Obama was first elected, the U.S. debt to GDP ratio was under 70 percent. Today, it is up to 101 percent.

#32 During Obama's first term, the federal government accumulated more new debt than it did under the first 42 U.S presidents combined.

#33 When you break it down, the amount of new debt accumulated by the U.S. government during Obama's first term comes to approximately $50,521 for every single household in the United States. Are you able to pay your share?

So how many of those things can Obama directly influence, and how many of those can he influence with a House that will not pass any bills?

Also, it's dishonest to include statistics that are "since 1968" or "since the beginning of the war on poverty" since between those dates and today, many more people than Obama have been President.

I "love" the fact that you snuck in trying to blame just the House, Mixed, and completely ignored the Senate.

Ask yourself, how many of those changes are due specifically to the Obamacare fiasco? Ask yourself how many budgets the Senate has proposed (that's one of their jobs is it not?). How many are due to various regulations (House/Senate), how many are due to executive orders, how many are due to the proposed push of legislation (carbon credits anyone?). How may are due to the various bailouts?

Are there some on the list you can't blame anyone for? Sure.. but there's a lot of those you can.

And how do you figure it's dishonest to include stats beyond a certain year? You have to have a baseline somewhere... and what better start than during the "war on poverty" beginnings

Well since the bailouts happened under Bush (yes, with the support of Obama), and since proposed legislation doesn't have any effect on law, and since the Senate can't unilaterally pass laws, I'm not sure what you're trying to get at.

And it's dishonest to blame Obama for wages being low since 1968 or whatever, because they've been stagnant since the George H.W. Bush administration. That's what I'm talking about.

Quote:and since proposed legislation doesn't have any effect on law

no, but just PROPOSING to push a bill or legislation through will change what companies do in terms of hiring/pay/employment. They try to react prior to legislative action when needed.

Just look at Obamacare, and how many companies started laying off full-time workers, even before the bill hit the floor of the House/Senate.

(08-23-2013 09:01 AM)DaSaintFan Wrote:  

Quote:and since proposed legislation doesn't have any effect on law

no, but just PROPOSING to push a bill or legislation through will change what companies do in terms of hiring/pay/employment. They try to react prior to legislative action when needed.

Just look at Obamacare, and how many companies started laying off full-time workers, even before the bill hit the floor of the House/Senate.

You don't think that had something to do with, you know, the massive recession we were in?

(08-23-2013 08:30 AM)mixduptransistor Wrote:  So how many of those things can Obama directly influence, and how many of those can he influence with a House that will not pass any bills?

What are you talking about? He issues EOs, the House was Dem his first two years in office, and Obama won't listen to legislators now.

So how many ways do you fail in your first sentence?

Quote:Also, it's dishonest to include statistics that are "since 1968" or "since the beginning of the war on poverty" since between those dates and today, many more people than Obama have been President.

Not at all. If you don't understand what you're reading, then don't post.

(08-23-2013 09:17 AM)mixduptransistor Wrote:  

(08-23-2013 09:01 AM)DaSaintFan Wrote:  

Quote:and since proposed legislation doesn't have any effect on law

no, but just PROPOSING to push a bill or legislation through will change what companies do in terms of hiring/pay/employment. They try to react prior to legislative action when needed.

Just look at Obamacare, and how many companies started laying off full-time workers, even before the bill hit the floor of the House/Senate.

You don't think that had something to do with, you know, the massive recession we were in?

Yes, and that's due to Dem's progressive policies. Duh.

(08-23-2013 07:46 AM)DrTorch Wrote:  http://www.zerohedge.com/news/2013-08-21...nder-obama

I deleted a few redundant or pointless ones.

Quote:#1 When Barack Obama entered the White House, 60.6 percent of working age Americans had a job. Today, only 58.7 percent of working age Americans have a job.

#2 Since Obama has been president, seven out of every eight jobs that have been "created" in the U.S. economy have been part-time jobs.

#3 The number of full-time workers in the United States is still nearly 6 million below the old record that was set back in 2007.

#4 It is hard to believe, but an astounding 53 percent of all American workers now make less than $30,000 a year.

#5 40 percent of all workers in the United States actually make less than what a full-time minimum wage worker made back in 1968.

#6 When the Obama era began, the average duration of unemployment in this country was 19.8 weeks. Today, it is 36.6 weeks.

#7 During the first four years of Obama, the number of Americans "not in the labor force" soared by an astounding 8,332,000. That far exceeds any previous four year total.

#8 According to the U.S. Census Bureau, the middle class is taking home a smaller share of the overall income pie than has ever been recorded before.

#9 When Obama was elected, the homeownership rate in the United States was 67.5 percent. Today, it is 65.0 percent. That is the lowest that it has been in 18 years.

#10 When Obama entered the White House, the mortgage delinquency rate was 7.85 percent. Today, it is 9.72 percent.

#13 Median household income in America has fallen for four consecutive years. Overall, it has declined by over $4000 during that time span.

#14 The poverty rate has shot up to 16.1 percent. That is actually higher than when the War on Poverty began in 1965.

#16 When Barack Obama entered the White House, there were about 32 million Americans on food stamps. Today, there are more than 47 million Americans on food stamps.

#17 At this point, more than a million public school students in the United States are homeless. This is the first time that has ever happened in our history. That number has risen by 57 percent since the 2006-2007 school year.

#19 Electricity bills in the United States have risen faster than the overall rate of inflation for five years in a row.

#20 Health insurance costs have risen by 29 percent since Barack Obama became president, and Obamacare is going to make things far worse.

#21 The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.

#22 According to economist Tim Kane, the following is how the number of startup jobs per 1000 Americans breaks down by presidential administration...

Bush Sr.: 11.3

Clinton: 11.2

Bush Jr.: 10.8

Obama: 7.8

#23 In 2008, that total amount of student loan debt in this country was 440 billion dollars. At this point, it has shot up to about a trillion dollars.

#25 During Obama's first term, the number of Americans collecting federal disability insurance rose by more than 18 percent.

#26 The total amount of money that the federal government gives directly to the American people has grown by 32 percent since Barack Obama became president.

#27 According to the Survey of Income and Program Participation conducted by the U.S. Census, well over 100 million Americans are enrolled in at least one welfare program run by the federal government.

#28 As I wrote about the other day, American households are now receiving more money directly from the federal government than they are paying to the government in taxes.

#30 At the end of 2008, the Federal Reserve held $475.9 billion worth of U.S. Treasury bonds. Today, Fed holdings of U.S. Treasury bonds have skyrocketed past the 2 trillion dollar mark.

#31 When Barack Obama was first elected, the U.S. debt to GDP ratio was under 70 percent. Today, it is up to 101 percent.

#32 During Obama's first term, the federal government accumulated more new debt than it did under the first 42 U.S presidents combined.

#33 When you break it down, the amount of new debt accumulated by the U.S. government during Obama's first term comes to approximately $50,521 for every single household in the United States. Are you able to pay your share?

I am surprised you didn't highlight #32. For me that is the most damning of all.

(08-23-2013 09:25 AM)DrTorch Wrote:  

(08-23-2013 09:17 AM)mixduptransistor Wrote:  

(08-23-2013 09:01 AM)DaSaintFan Wrote:  

Quote:and since proposed legislation doesn't have any effect on law

no, but just PROPOSING to push a bill or legislation through will change what companies do in terms of hiring/pay/employment. They try to react prior to legislative action when needed.

Just look at Obamacare, and how many companies started laying off full-time workers, even before the bill hit the floor of the House/Senate.

You don't think that had something to do with, you know, the massive recession we were in?

Yes, and that's due to Dem's progressive policies. Duh.

What? The recession that started before Obama was in office? The recession that was preceded by a decade of Republican Congresses and 8 years of a Republican President?

(08-23-2013 09:41 AM)mixduptransistor Wrote:  What? The recession that started before Obama was in office? The recession that was preceded by a decade of Republican Congresses and 8 years of a Republican President?

We had a summer of recovery and all is well thanks to the endless stimulus.

Can't blame Bush after that, now can we?

(08-23-2013 09:44 AM)Jerry Falwell Wrote:  

(08-23-2013 09:41 AM)mixduptransistor Wrote:  What? The recession that started before Obama was in office? The recession that was preceded by a decade of Republican Congresses and 8 years of a Republican President?

We had a summer of recovery and all is well thanks to the endless stimulus.

Can't blame Bush after that, now can we?

We're talking about what caused the recession, not about any attempts to resolve it (and in case you don't know anything about economics, which apparently you don't, we haven't been in a recession for several years now)

I'm not even "blaming Bush" for the recession. I am pointing out that at the very least it wasn't the "Dem's progressive policies" since they weren't even in office when it happened (OK, there was a Democratic Congress on the day it happened, but they had just taken office, and Bush was still President)

(08-23-2013 09:41 AM)mixduptransistor Wrote:  

(08-23-2013 09:25 AM)DrTorch Wrote:  

(08-23-2013 09:17 AM)mixduptransistor Wrote:  

(08-23-2013 09:01 AM)DaSaintFan Wrote:  

Quote:and since proposed legislation doesn't have any effect on law

no, but just PROPOSING to push a bill or legislation through will change what companies do in terms of hiring/pay/employment. They try to react prior to legislative action when needed.

Just look at Obamacare, and how many companies started laying off full-time workers, even before the bill hit the floor of the House/Senate.

You don't think that had something to do with, you know, the massive recession we were in?

Yes, and that's due to Dem's progressive policies. Duh.

What? The recession that started before Obama was in office? The recession that was preceded by a decade of Republican Congresses and 8 years of a Republican President?

What? You mean there is someone who points out the issues that don't fit in your simple little mind?

Like the CRA and the compounded problems that Dems refused to address? Like the fact that there was a Dem congress that preceded the recession? Like the fact that Obama's leftist policies have made things worse, which is the whole point?

(08-23-2013 09:48 AM)DrTorch Wrote:  

(08-23-2013 09:41 AM)mixduptransistor Wrote:  

(08-23-2013 09:25 AM)DrTorch Wrote:  

(08-23-2013 09:17 AM)mixduptransistor Wrote:  

(08-23-2013 09:01 AM)DaSaintFan Wrote:  no, but just PROPOSING to push a bill or legislation through will change what companies do in terms of hiring/pay/employment. They try to react prior to legislative action when needed.

Just look at Obamacare, and how many companies started laying off full-time workers, even before the bill hit the floor of the House/Senate.

You don't think that had something to do with, you know, the massive recession we were in?

Yes, and that's due to Dem's progressive policies. Duh.

What? The recession that started before Obama was in office? The recession that was preceded by a decade of Republican Congresses and 8 years of a Republican President?

What? You mean there is someone who points out the issues that don't fit in your simple little mind?

Like the CRA and the compounded problems that Dems refused to address? Like the fact that there was a Dem congress that preceded the recession? Like the fact that Obama's leftist policies have made things worse, which is the whole point?

So there was a Democratic Congress for a year before we were officially in recession and a Republican Congress for 10 years prior. In 2007 the economic conditions for recession were already set.

At any rate, I'm not "blaming" Republicans, but at the same time to blame the brand new Democratic Congress is just f'n stupid

Liberal asshat response; "But, But, But It's Bushes fault and you're a racist"

(08-23-2013 08:30 AM)mixduptransistor Wrote:  So how many of those things can Obama directly influence, and how many of those can he influence with a House that will not pass any bills?

So bush is off the hook for 06 and 07 then... Gotcha..

Quote:Also, it's dishonest to include statistics that are "since 1968" or "since the beginning of the war on poverty" since between those dates and today, many more people than Obama have been President.

You do know what the word "rate" means right?

(08-23-2013 10:06 AM)mixduptransistor Wrote:  So there was a Democratic Congress for a year before we were officially in recession and a Republican Congress for 10 years prior. In 2007 the economic conditions for recession were already set.

Based on what?

Quote:At any rate, I'm not "blaming" Republicans, but at the same time to blame the brand new Democratic Congress is just f'n stupid

Really? Well do tell why. You've such a reputation for research and logic, explain it to us.

(08-23-2013 09:41 AM)mixduptransistor Wrote:  

(08-23-2013 09:25 AM)DrTorch Wrote:  

(08-23-2013 09:17 AM)mixduptransistor Wrote:  

(08-23-2013 09:01 AM)DaSaintFan Wrote:  

Quote:and since proposed legislation doesn't have any effect on law

no, but just PROPOSING to push a bill or legislation through will change what companies do in terms of hiring/pay/employment. They try to react prior to legislative action when needed.

Just look at Obamacare, and how many companies started laying off full-time workers, even before the bill hit the floor of the House/Senate.

You don't think that had something to do with, you know, the massive recession we were in?

Yes, and that's due to Dem's progressive policies. Duh.

What? The recession that started before Obama was in office? The recession that was preceded by a decade of Republican Congresses and 8 years of a Republican President?

And it only took two years with theh dems in charge of the legislature to screw it all up...