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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAnother example of why Obama has been Superman...Ignore the Haters: Obama Helped Save the U.S. Econo
http://www.newrepublic.com/article/119781/obamas-economic-record-strong-even-though-wages-are-stagnantOn Thursday evening, President Obama delivered a speech at Cross Campus in Santa Monica, California promoting his economic policies targeted at millennials. It follows a broader speech that the president gave at Northwestern a week ago, when he touted the significant progress the economy has made during his presidency. It is indisputable that our economy is stronger today than when I took office, he told the crowd in Chicago. By every economic measure, we are better off now than we were when I took office.
I especially like this
To understand just how damaging austerity is, one has to look no further than Europe. Forced by Germany into steep austerity, Greece, Italy and Spain have taken drastic steps to cut their spending. But that hasnt unlocked stronger economic growth, as conservative economic theory predicted. Instead, unemployment is at 27 percent, 12.3 percent and 24.4 percent in those three countries respectively. In the Euro area, the unemployment rate is still 11.5 percent.
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Another example of why Obama has been Superman...Ignore the Haters: Obama Helped Save the U.S. Econo (Original Post)
randys1
Nov 2014
OP
Kelvin Mace
(17,469 posts)1. Yes, he saved the economy
but the benefits of the save have been VERY one-sided. If you are part of the upper 2% you did VERY well, the other 98%, not so much. Yeah, some folks have jobs, that didn't. And I am very certain that the 72 year-old guy who delivered my pizza the other day had a very different view of retirement than he got.
randys1
(16,286 posts)2. Much more to do, and if he had NOT been obstructed and forced to use so much of the stimulus for tax
cuts for the wealthy, it would have been even better.
So we have a choice, someone who wants to make it better or someone who wants to make it WAY worse.
Kelvin Mace
(17,469 posts)3. The choice has already been made
and thanks to Dems refusal to run on a liberal agenda, the loonies now run three of four institutions of power.