24 Stats on How Obama Royally Messed Up Our Economy
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24 Stats on How Obama Royally Messed Up Our Economy

24 Stats on How Obama Royally Messed Up Our Economy
Saturday, 25 August 2012
American Dream

Thanks Obama – Here Are 24 Stats That Show How Much You Have Royally Messed Up Our Economy Under Barack Obama, the U.S. economy

300px US President Barack Obama taking his Oath of Office   2009Jan20  24 Stats on How Obama Royally Messed Up Our Economy

With his family by his side, Barack Obama is sworn in as the 44th president of the United States by Chief Justice of the United States John G. Roberts, Jr. in Washington, D.C., Jan. 20, 2009. More than 5,000 men and women in uniform are providing military ceremonial support to the presidential inauguration, a tradition dating back to George Washington’s 1789 inauguration. VIRIN: 090120-F-3961R-919 (Photo credit: Wikipedia)

has performed worse than it did under any other president since the end of the Great Depression.

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After every other recession since World War II, the U.S. economy always regained what was lost and got even stronger before the next recession began. During this “economic recovery”, we have not even come close to getting back to where we were in 2008. In fact, the number of Americans living in poverty and the number of Americans that are dependent on the government both continue to explode even as Barack Obama runs up trillions of dollars of new debt. Anyone that believes that Barack Obama is going to “fix the economy” if he is given another four years in the White House has taken way too many sips of the Obama kool-aid. The truth is that Barack Obama is not going to save you. Barack Obama has royally messed up our economy (along with a lot of other things) and that is not something we should be thanking him for.

Yes, Barack Obama is not solely responsible for the economy. In fact, he does not even have the most influence over the direction of the economy.

However, if he had been willing or able to actually do what was necessary to fix the economy, he certainly had ample opportunity.

For example, the Democrats had full control of Congress during Obama’s first two years in office.

They were in a position to push through just about anything that they wanted to.

But just about everything that did get through Congress during those two years was full of really, really bad ideas.

More importantly, Barack Obama has done absolutely nothing to stand in the way of the nightmarish policies of the Federal Reserve.

Yes, the Federal Reserve does have more power over the U.S. economy than Barack Obama does.

But Barack Obama has made no moves to reign in the Fed or to stop their idiotic policies.

In fact, Obama has had nothing but good things to say about Federal Reserve Chairman Ben Bernanke, and he nominated Bernanke for another term.

Talk about stupid.

 

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