Obama was the most persecuted president in US history
No question about it.
46-50, M
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ElwoodBlues · M
JOB CREATION
Reagan 16.5 million
Clinton 18.6 million
Bush 5.8 million
Obama 8.9 million
Trump NEGATIVE 3 million
YEARLY DEFICIT
Reagan $79 billion to $152 billion
Clinton lowered our deficit from 255 billion to a $126 billion SURPLUS in 2001
Bush raised deficit from 0 to 1412 billion
Obama lowered deficit from 1412 billion to 585 billion
Trump raised from 585 billion up to ~4000 billion
DJIA
Jan 20 1981, Reagan takes office 946;
Jan 20 1989, Reagan leaves office 2235;
Up 136% or 11.3% growth per year.
Jan 20 1993, Clinton takes office 3242;
Jan 20 2001, Clinton leaves office 10588;
up 227%, or 15.92% growth per year.
Jan 20 2001, Bush takes office 10588;
Jan 20 2009, Bush leaves office 7949;
NEGATIVE 3.5% per year.
Jan 20 2009, Obama takes office 7949;
Jan 20 2017, Obama leaves office 19827;
up almost 150% over 8 years, or 12.1% per year (1.121^8=2.49).
Jan 20 2017, Trump takes office 19827;
Jan 20 2021, Trump leaves office 30,930;
up 56% over 4 years, or 11.76% growth per year.
black4white · 56-60, M
@ElwoodBlues At least you post FACTS and they speak alone... most people just make shit up so for that i say thank you :-)
ElwoodBlues · M
@black4white You are welcome! I've got a growing cut-n-paste file so I only have to look up the numbers once.
black4white · 56-60, M
@ElwoodBlues no worries but you will get those who still dont believe them cuz they drank the kool-aid... lol
sunsporter1649 · 70-79, M
@ElwoodBlues "On this third anniversary of the stimulus, it is a good time to check in on how various provisions are working. As you read this list, keep in mind Vice President Joe Biden’s 2009 assurance that “We know some of this money is going to be wasted.”
ENTIRE STIMULUS -- $831 BILLION
What Obama said: The stimulus “will save or create more than 3.5 million jobs.”
What happened: 1.15 million jobs have been lost since the stimulus was enacted, and we are experiencing the longest stretch of over 8% unemployment since the Great Depression.
SHOVEL-READY PROJECTS
What Obama said: “We've got shovel-ready projects all across the country…the minute we can get those investments to the state level, jobs are going to be created.”
What happened: President Obama admitted that “shovel-ready was not as shovel-ready as we expected.” Even today in Nancy Pelosi’s San Francisco Bay area, 19 projects still have not broken ground.
HEALTH INFORMATION TECHNOLOGY -- $21 BILLION
What Obama said: “Because we know that spiraling health care costs are crushing families and businesses alike, we are taking the most meaningful steps in years towards modernizing our health care system.”
What happened: According to the Bipartisan Policy Center, “Current meaningful use [of health IT] levels are less than originally projected when [the stimulus] was enacted.”
GREEN JOBS -- $20 BILLION
What Obama said: Stimulus funding for green technology “will create the jobs of the future.”
What happened: According to the New York Times: “efforts to stimulate creation of green jobs have largely failed.”
HIGH-SPEED RAIL -- $8 BILLION
What Obama said: The stimulus high speed rail funds will “save or create 150,000 jobs, mostly in the private sector, by the end of next year”
What happened: Funds were rejected by governors in Florida, Ohio and Wisconsin due to cost concerns. California has not started construction and is debating how to continue the project due to escalating costs. The Obama Administration’s grants were “better-suited to currying political support” and would have resulted in “a disjointed patchwork.”
RACE TO THE TOP -- $4.35 BILLION
What Obama said: The program was “the most meaningful reform of our public schools in a generation.”
What happened: 41 states applied for the grants, 12 received money, and only three states are on track to meet the reform commitments they outlined in their proposals.
AID TO STATES – $87 BILLION
What Obama said: The stimulus “includes aid to state and local governments to prevent layoffs of firefighters or police recruits.”
What happened: According to the Bureau of Labor Statistics, between February 2009 and January 2012, state and local governments shed 634,000 workers.
PLUG-IN ELECTRIC VEHICLE TAX CREDIT: $2 BILLION
What Obama said: The stimulus will lay “the groundwork for new green energy economies.”
What happened: The stimulus’ electric vehicle credit paid people to buy golf carts.
RENEWABLE ENERGY ASSISTANCE - $8 BILLION
What Obama said: The stimulus will take “big steps down the road to energy independence” and “transform the way we use energy.”
What happened: Solyndra, Beacon Power, and Ener1 all went bankrupt. The companies had received nearly $700 million in stimulus loan guarantees.
In addition to these stimulus provisions, President Obama pushed the following separate measures that were designed as further stimulus:
MAKING HOME AFFORDABLE PROGRAMS -- $30 BILLION
What Obama said: “[T]hrough this plan, we will help between 7 and 9 million families restructure or refinance their mortgages.”
What happened: The programs have helped refinance less than 1 million mortgages.
CASH FOR CLUNKERS -- $3 BILLION
What Obama said: Cash for Clunkers “provided the American auto industry an important boost.”
What happened: According to the National Bureau of Economic Research, industry gains from the July 2009 program were “almost completely reversed by as early as March 2010.”
SMALL BUSINESS LENDING -- $30 BILLION
What Obama said: The bill will “help provide loans to millions of small business owners.”
What happened: Only $1.8 billion has been provided to banks to loan to small businesses."
ENTIRE STIMULUS -- $831 BILLION
What Obama said: The stimulus “will save or create more than 3.5 million jobs.”
What happened: 1.15 million jobs have been lost since the stimulus was enacted, and we are experiencing the longest stretch of over 8% unemployment since the Great Depression.
SHOVEL-READY PROJECTS
What Obama said: “We've got shovel-ready projects all across the country…the minute we can get those investments to the state level, jobs are going to be created.”
What happened: President Obama admitted that “shovel-ready was not as shovel-ready as we expected.” Even today in Nancy Pelosi’s San Francisco Bay area, 19 projects still have not broken ground.
HEALTH INFORMATION TECHNOLOGY -- $21 BILLION
What Obama said: “Because we know that spiraling health care costs are crushing families and businesses alike, we are taking the most meaningful steps in years towards modernizing our health care system.”
What happened: According to the Bipartisan Policy Center, “Current meaningful use [of health IT] levels are less than originally projected when [the stimulus] was enacted.”
GREEN JOBS -- $20 BILLION
What Obama said: Stimulus funding for green technology “will create the jobs of the future.”
What happened: According to the New York Times: “efforts to stimulate creation of green jobs have largely failed.”
HIGH-SPEED RAIL -- $8 BILLION
What Obama said: The stimulus high speed rail funds will “save or create 150,000 jobs, mostly in the private sector, by the end of next year”
What happened: Funds were rejected by governors in Florida, Ohio and Wisconsin due to cost concerns. California has not started construction and is debating how to continue the project due to escalating costs. The Obama Administration’s grants were “better-suited to currying political support” and would have resulted in “a disjointed patchwork.”
RACE TO THE TOP -- $4.35 BILLION
What Obama said: The program was “the most meaningful reform of our public schools in a generation.”
What happened: 41 states applied for the grants, 12 received money, and only three states are on track to meet the reform commitments they outlined in their proposals.
AID TO STATES – $87 BILLION
What Obama said: The stimulus “includes aid to state and local governments to prevent layoffs of firefighters or police recruits.”
What happened: According to the Bureau of Labor Statistics, between February 2009 and January 2012, state and local governments shed 634,000 workers.
PLUG-IN ELECTRIC VEHICLE TAX CREDIT: $2 BILLION
What Obama said: The stimulus will lay “the groundwork for new green energy economies.”
What happened: The stimulus’ electric vehicle credit paid people to buy golf carts.
RENEWABLE ENERGY ASSISTANCE - $8 BILLION
What Obama said: The stimulus will take “big steps down the road to energy independence” and “transform the way we use energy.”
What happened: Solyndra, Beacon Power, and Ener1 all went bankrupt. The companies had received nearly $700 million in stimulus loan guarantees.
In addition to these stimulus provisions, President Obama pushed the following separate measures that were designed as further stimulus:
MAKING HOME AFFORDABLE PROGRAMS -- $30 BILLION
What Obama said: “[T]hrough this plan, we will help between 7 and 9 million families restructure or refinance their mortgages.”
What happened: The programs have helped refinance less than 1 million mortgages.
CASH FOR CLUNKERS -- $3 BILLION
What Obama said: Cash for Clunkers “provided the American auto industry an important boost.”
What happened: According to the National Bureau of Economic Research, industry gains from the July 2009 program were “almost completely reversed by as early as March 2010.”
SMALL BUSINESS LENDING -- $30 BILLION
What Obama said: The bill will “help provide loans to millions of small business owners.”
What happened: Only $1.8 billion has been provided to banks to loan to small businesses."
ElwoodBlues · M
@sunsporter1649 DUUUDE!!!
The third anniversary of Obama's stimulus is LONG GONE!!! I'll bet you didn't read the ancient history you posted, and neither did I, [b]LOL!!![/b]
The third anniversary of Obama's stimulus is LONG GONE!!! I'll bet you didn't read the ancient history you posted, and neither did I, [b]LOL!!![/b]
black4white · 56-60, M
@sunsporter1649 Now do everyone a favor please and do the same type of post for presidents since Obama so that the comparison apples to apples can take place.
sunsporter1649 · 70-79, M
@ElwoodBlues And of course you were there and lived through the crap, right?
sunsporter1649 · 70-79, M
@black4white How's your solyndra stock doing?
black4white · 56-60, M
@sunsporter1649 As good as yours is