OBAMA!!! The worst President in history.

Discussion in 'Offtopic Lounge' started by Settingcanthurt, Sep 9, 2016.

  1. Settingcanthurt, Sep 9, 2016

    Settingcanthurt

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    Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth

    Submitted by Michael Snyder via The Economic Collapse blog,

    We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

    In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

    [​IMG]

    The following are the yearly GDP growth numbers under Obama. They come directly from the official website of the World Bank

    2009: -2.8 percent

    2010: 2.5 percent

    2011: 1.6 percent

    2012: 2.2 percent

    2013: 1.5 percent

    2014: 2.4 percent

    2015: 2.4 percent

    Does that look like a “recovery” to you?

    Of course not.

    And many are anticipating that this latest extremely disappointing GDP number will discourage the Federal Reserve from raising interest rates any time in the near future



    The disappointing report could keep the Federal Reserve on hold longer as it considers another interest rate hike. The Fed lifted its key rate in December for the first time in nine years but has held it steady since.

    According to the pundits in the mainstream media, this was supposed to be the year when the U.S. economy finally returned to “normal”, but that has not happened at all. In fact, in recent days we have gotten a spate of bad news about the economy. We just learned that the homeownership rate in the United States has hit the lowest level ever, and Gallup’s U.S. economic confidence index has fallen to the lowest level so far this year.

    With the election coming up rapidly, this is the kind of news that Hillary Clinton definitely does not need. She needs to be able to sell the American people on the idea that the Obama years have been very good for the U.S. economy. If things take a sharp turn down in the coming months, that may be enough to cost her the election.

    So far, Hillary Clinton’s economic agenda has not received that much scrutiny, but the truth is that she hopes to increase taxes in a whole bunch of ways which would be very harmful for the economy. The following comes from an excellent piece by John Kartch and Alexander Hendrie



    Hillary has endorsed several tax increases on middle income Americans, despite her pledge not to raise taxes on any American making less than $250,000. She has said she would be fine with a payroll tax hike on all Americans, she has endorsed a steep soda tax, endorsed a 25% national gun tax, and most recently, her campaign manager John Podesta said she would be open to a carbon tax. It’s no wonder that when asked by ABC’s George Stephanopoulos if her pledge was a “rock-solid” promise, she slipped and said the pledge was merely a “goal.” In other words, she’s going to raise taxes on middle income Americans.



    Hillary’s formally proposed $1 trillion net tax increase consists of the following:



    Income Tax Increase – $350 Billion: Clinton has proposed a $350 billion income tax hike in the form of a 28 percent cap on itemized deductions.



    Business Tax Increase — $275 Billion: Clinton has called for a tax hike of at least $275 billion through undefined business tax reform, as described in a Clinton campaign document.



    “Fairness” Tax Increase — $400 Billion: According to her published plan, Clinton has called for a tax increase of “between $400 and $500 billion” by “restoring basic fairness to our tax code.” These proposals include a “fair share surcharge,” the taxing of carried interest capital gains as ordinary income, and a hike in the Death Tax.

    Taxes tend to be a pet peeve of mine, so looking at that list of proposed taxes definitely makes me cringe.

    If Donald Trump wants to hit the Democrats really hard on the economy, all he has to do is point out the fact that Barack Obama is going to be the only president in American history to never see 3 percent economic growth for an entire year, and he had two entire terms in which to try to turn things in a positive direction.

    Sadly, things are very likely going to be worse for the economy no matter who wins the election. Under Obama, our national debt, our trade deficit, and most of our other long-term economic problems have gotten much, much worse, and so the table is set for a major economic disaster during the next presidential administration.

    And if what I have to share about the future of America in my new book is correct, we are definitely moving into a “perfect storm” that will not just be economic in nature. The things that are coming are going to shake this nation to the very core, and I believe that we will soon face the consequences for decades of exceedingly foolish decisions.

    So in the end, we may look back and long for the days of 1.2 percent economic growth, because what is on the horizon is going to make that look like a Sunday picnic.

    http://www.zerohedge.com/news/2016-...resident-history-never-have-year-3-gdp-growth

     
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  2. Onautopilot, Sep 9, 2016

    Onautopilot

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    Propaganda from a GOP contingency!
     
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  3. Twelve4s, Sep 9, 2016

    Twelve4s

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    image.jpeg
     
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  4. Settingcanthurt, Sep 9, 2016

    Settingcanthurt

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    Just one in a long line of Democratic Presidents who hosed americans.

    Fast Video covers a lot of time.

     
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  5. Settingcanthurt, Sep 9, 2016

    Settingcanthurt

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    For TWELVE4 to understand..

     
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  6. Onautopilot, Sep 9, 2016

    Onautopilot

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    More "spin city" from the Republicans! From people that know little to nothing about the residential housing market, and the forces that drive that market!
     
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  7. Twelve4s, Sep 9, 2016

    Twelve4s

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  8. Twelve4s, Sep 9, 2016

    Twelve4s

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    I doubt you'll read this, but WTF. People who lost their houses couldn't afford the gas to get to work thanks to W and his family's long term love affair with big oil, and the $$$$$$. When Clinton left office, gas was a buck a gallon. The Shrub saw to it that gas rose to over $4. Now under Obama, gas prices are down to near $2. Let me guess what will happen if Donald gets in. I don't need Gas Buddy to figure it out.

    http://freakonomics.com/2012/03/08/how-high-gas-prices-triggered-the-housing-crisis/
     
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  9. Settingcanthurt, Sep 9, 2016

    Settingcanthurt

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    You are right.
     
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  10. Settingcanthurt, Sep 9, 2016

    Settingcanthurt

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    Keep demonstrating your brainwashing.

    Obama’s Pretty Words Cannot Beautify His Ugly Economy


    by DEROY MURDOCK May 6, 2016 1:59 PM If this morning’s employment report has you down, just listen to President Obama. The U.S. economy is gorgeous, he insists. “In the United States, our economy is growing again,” Obama crowed during his trip to Germany last month. And the American people would appreciate all of this “if we had been able to more effectively communicate all the steps we had taken” to improve it, he recently told one news outlet. “It is very hard to get good stories placed” about the economy, Obama whined to college journalists last week. “People will assign you stories about what’s not working. It’s very hard for you to write a story about, ‘Wow, this thing really works good.’” That grammatical gaffe aside, a failure to communicate is not among Obama’s myriad weaknesses. As his self-confident and hilarious appearance at last Saturday’s White House Correspondents’ Dinner confirmed, Obama is a gifted speaker. The national media have eaten out of his hand since he descended from the heavens, fully formed, at the 2004 Democratic National Convention. As president, he can summon two dozen TV cameras and just as many microphones just by crawling out of bed every morning. So, the notion that Obama cannot express his economic message “good” deeply insults the intelligence of the American people. RELATED: Year Eight of Obama’s Recovery While Obama can talk the bark off a banyan tree, he cannot make Americans hallucinate prosperity. Here is the sad picture they actually see. The unemployment rate has improved significantly, from 7.8 percent at Obama’s January 20, 2009, inauguration to 5.0 percent in April. However, as more and more Americans stop looking for work, the Labor Force Participation Rate on Obama’s watch has fallen from 65.7 percent to 62.8 percent, a level last measured before Obama in March 1978. Since Obama took office, this metric has slid 4.1 percent. Last month saw the creation of 160,000 jobs, a widely panned number, and much below the 200,000-plus jobs generated in five of the last six months. Nothing about the latest employment report spells “boom.” RELATED: Obama’s Lackluster Economy Still Lacks Luster Meanwhile, annualized GDP growth nearly stalled in the first quarter at a meager 0.5 percent. This is down from already tepid 1.4 percent growth in the fourth quarter of 2015. Obama is the only U.S. chief executive in history not to preside over even a single year with 3 percent GDP growth, as the Institute for Policy Innovation’s Tom Giovanetti observes: ‘From 1790 to 2000, U.S. real GDP growth averaged 3.79 percent,’ entrepreneur Louis Woodhill explained at RealClearMarkets. He expects final figures to show that ‘2015 will have been the tenth year in a row that real GDP growth came in at under 3.0 percent.’ During the Obama years, the number of Americans below the poverty line is up 3.5 percent. Real median household income: down 2.3 percent. Americans on Food Stamps — 33 million then, 46 million now: up 39.5 percent. Americans who own homes: down 5.6 percent. National debt — $10.63 trillion then vs. $19.19 trillion last Wednesday: up 80.5 percent. SHARE ARTICLE ON FACEBOOKSHARE TWEET ARTICLETWEET Meanwhile, millions of college-educated Millennials are languishing in their parents’ basements and wallowing in student debt, with limited prospects. Many of those who have found work lag their predecessors. A recent report by New York City’s Democratic comptroller Scott Stringer found that Gotham employees born between 1985 and 1996 earn roughly 20 percent less than their peers a generation earlier. Lack of work and lower wages are a recipe for student-debt hangovers. Robust economic growth is the cure. “This generation is at a crossroads. They worked hard, got an education and then faced roadblocks to getting a good-paying job,” Stringer told U.S. News and World Report. “We need to foster an economy here that helps young people get ahead, not one that holds them back.” RELATED: Blacks Mainly Backslide under Obama Insurance companies are fleeing Obamacare’s exchanges. Amid $650 million in expected losses this year, UnitedHealth announced that it would medevac itself out of all but “a handful” of its 34 state markets. The percentage of families in which no one is employed has grown from 17.8 in 2008 to 19.7 in 2015, the Bureau of Labor Statistics reports. For details on these data, click here: As the Wall Street Journal’s Dan Henninger has noted, even the Clintons acknowledge Obama’s economic wreckage. Americans are suffering “the awful legacy of the last eight years,” Bill Clinton said in March. He explained on April 26, “The problem is, 80 percent of the American people are still living on what they were living on the day before the crash [of 2008]. And about half the American people, after you adjust for inflation, are living on what they were living on the last day I was president, 15 years ago. So that’s what’s the matter.” MORE BARACK OBAMA INCIDENT IN HANGZHOU IN LAOS, OBAMA ONCE AGAIN APOLOGIZES FOR AMERICA WHY TEXAS IS FIGHTING OBAMA’S UNCONSTITUTIONAL DIRECTIVES ON BATHROOMS AND LOCKER ROOMS Stumping in New Haven, Conn., Hillary Clinton spoke about a nurse who is facing breast cancer and foreclosure. “She is speaking for so many people across our country who feel beaten down, left out and left behind,” Hillary said. “People who have worked hard and done their part, but just can’t seem to get ahead, and find it tough even to get by.” In Obama’s eighth year, Americans remain in pain. The best thing he can do is apologize, stop talking, and leave us alone until January 20, 2017.

    Read more at: http://www.nationalreview.com/article/435093/barack-obama-economy-jobs-ugly-truth
     
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  11. Onautopilot, Sep 9, 2016

    Onautopilot

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    Spin City revisited! From the brainwashed Republican constituency!
     
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  12. Settingcanthurt, Sep 9, 2016

    Settingcanthurt

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    What Hillary Clinton said behind closed doors
    Editorial Board
    Go ahead and imagine what Hillary Clinton might have told Wall Street executives behind closed doors during her big-bucks days on the speaking circuit.

    Heh, heh — you're being cheeky, aren't you? You're contemplating a scenario so unseemly, with remarks so fawning, that it would cause blushing among the scheming villains on "Game of Thrones."

    And there you have the dilemma facing Clinton the now-candidate for president: She has refused calls to release speech transcripts because, she has said, other candidates haven't done so — although it appears there is no other candidate who has pocketed financiers' money for palaver as aggressively as she has.

    Yes, if she discloses what she's said to bankers, her detractors — led by Bernie Sanders — may find reasons to lambaste her for cozying up to special financial interests. But if she won't release the transcripts, the public will fill in the gap with nasty presumptions.

    [​IMG]
    Donald Trump's feast of incoherence

    As Clinton edges closer to knocking off Sanders for the Democratic nomination, the focus may shift to other issues, but it shouldn't. Voters have a legitimate interest in exploring what she has said to rooms full of bankers and investors in the context of evaluating her perspective on financial regulations and economic growth.

    Does what she says now in publicjibe with what she said then to small, select gatherings of the rich and powerful? If not, what's changed?

    Clinton was in the speechmaking business for about two years. Business was good, as it has been for her husband, former President Bill Clinton. He has earned more than $100 million on the lecture circuit since leaving office, The Washington Post reported in 2014. Hillary Clinton earned $21.7 million from about 100 speaking engagements after her tenure as secretary of state, according to The Wall Street Journal.

    She spoke to many business groups. Of all the paid gigs, one trio garners most of the attention: three appearances she made at Goldman Sachs client conferences, for which the firm paid her a reported $675,000. What did Clinton tell Goldman Sachs? Well, let's assume the firm didn't pay $225,000 per session to get a dressing-down. Politico quoted one attendee saying Clinton praised the firm for its role in the economy: "It's so far from what she sounds like as a candidate now. It was like a rah-rah speech. She sounded more like a Goldman Sachs managing director."

    [​IMG]
    Why Bernie Sanders will ultimately support Hillary Clinton

    Clinton has been dogged by Sanders over the Wall Street connection because of the theme central to his campaign: that he's for the little guy and gal, while she stands with the big money boys and girls who nearly destroyed the economy.

    Let's pause here for context: There is nothing inherently evil about banks or businesses, though Sanders has found them to be effective whipping posts for his brand of populism. There were many reasons for the 2007-08 financial crisis, and you can put Wall Street failings among them — alongside congressional pressure on lenders to give mortgages to people who couldn't repay them. But without banks we have no free markets, and without markets we have no economy.

    There also was nothing inherently evil about Clinton as a private citizen taking money to speak to private groups. Companies pay fat fees to hear from influential people because they want insight and enjoy the prestige that comes from access. They especially like to impress clients and employees. Clinton was a good get, but if Goldman Sachs could have booked Beyonce for $225,000, maybe it would have. This was not about buying influence: Goldman executives are savvy enough to know that paying Hillary Clinton in 2013 will get them no special treatment in 2017, should she become president. Besides, Wall Street firms have plenty of ways to lobby the government.

    The issue here is that Clinton, now a would-be president, earned an extraordinary living giving speeches and making appearances. All transcripts from those activities should be available for public scrutiny, just as all presidential candidates' previous professional work should be open to examination. For example, if Donald Trump wins the Republican nomination, expect to read a lot more details about his decades in business. And rightly so. Voters deserve to know, and understand, how he made his money.

    [​IMG]
    Who says Donald Trump can't beat Hillary Clinton?

    Why are those particular speeches and conversations important for assessing Clinton's candidacy? Because how she presented herself to influential people in a private setting reflected her judgment. Voters are reasonable to ask: How did she handle the situation? Better than Mitt Romney? In 2012 he did himself in by talking disparagingly about low-income people in private to wealthy donors.

    We're guessing Clinton made nice with Wall Street and feels uncomfortable about it now. Maybe she said something to damage her credibility among some potential supporters. So be it. Clinton could have avoided scrutiny by finding different work. Instead, she earned big speaking fees based on her experience as a public servant. If she likes that role and wants to be president, she has an obligation to share what she said.
    http://www.chicagotribune.com/news/...oldman-sachs-edit-0429-jm-20160428-story.html
     
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  13. Onautopilot, Sep 9, 2016

    Onautopilot

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    More "Spin City" from the brainwashed Republican side!
     
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  14. Settingcanthurt, Sep 9, 2016

    Settingcanthurt

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    Yea Chicago Tribune. Thats right wing spin. What a fool.
     
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  15. Settingcanthurt, Sep 9, 2016

    Settingcanthurt

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    Photos: Embarrassing Turnout For Hillary Clinton Keynote Speech At Baptist Convention

    [​IMG]
    Photo by Brian Abel /Twitter
    by CHARLIE SPIERING9 Sep 20164745


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    [​IMG]

    Follow
    [​IMG]Frank Morris @FrankNewsman

    Workers cutting the room down by a third with lower than expected turnout for #clintonkc speech.

    5:50 PM - 8 Sep 2016




    [​IMG]

    Follow
    [​IMG]Brian Abel

    ✔@BrianAbelTV

    Convention hall turned out lights in un-occupied part of hall for@HillaryClinton speech, now partitioning it off

    5:41 PM - 8 Sep 2016




    Even during the speech, however, many of the chairs at the venue were not filled.


    Follow
    [​IMG]Brian Abel

    ✔@BrianAbelTV

    Here are the requested "during speech" pics of KC convention hall

    6:10 PM - 8 Sep 2016




    According to local 41 Action News reporter Brian Abel, roughly 3,000 attended the speech although there were 5,000 seats set up in the venue.

    Abel also published photos of the venue prior to Clinton’s speech.

    [​IMG]

    Follow
    [​IMG]Brian Abel

    ✔@BrianAbelTV

    Convention hall turned out lights in un-occupied part of hall for@HillaryClinton speech, now partitioning it off

    5:41 PM - 8 Sep 2016




    Clinton repeatedly cited scripture during her speech, praising Baptist pastors around the country and promised increased government spending to assist their congregations.

    (H/T American Mirror)

     
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  16. Settingcanthurt, Sep 9, 2016

    Settingcanthurt

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    I will agree it was a trigger for some who were on the fence of making their bills but the truth is the interest rates resetting on adjustable mortgages which were the only way many could buy a house.
    You can Blame Bush for the gas prices if you choose and I am sure he did it while Obama was president as well.
    You have Bush derangement syndrome. It blocks all reason with hatred.
    Gore lost. Get over it.
     
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  17. Onautopilot, Sep 9, 2016

    Onautopilot

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    I would like to think that you and I have only a difference of opinion thing, and not a personal problem, but I am beginning to suspect that may not be the case. If it is personal for you, I suggest we discontinue any further communication.....it doesn't bother me that you call me brainwashed and a fool, but I do find myself pondering what motivates that type of response.
     
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  18. Settingcanthurt, Sep 9, 2016

    Settingcanthurt

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    Seriously brainwashing is real especially in this country involving politics. Do not take it as a put down but give it good consideration. Just because you do not like something or disagree with it it does not make it spin or a conspiracy.

    Things ARE happening.

    regards
    Gotta run, the boss has arrived.
     
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  19. Pressit, Sep 9, 2016

    Pressit

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    The O man always ready with a jab at the USA when he is abroad. This time while on his Asian trip.
    Here are 18 separate attacks he unloaded while in China and Laos:
    1. There are still too many poor children in the United States
    2. Too many children in America are not getting enough to eat
    3. Despite America's wealth, we’re not providing sufficient educational resources in poor communities
    4. America lacks the “political will” to help poor inner cities that have suffered discrimination.
    5. Americans are “lazy” in thinking we don’t need to learn about foreign nations.
    6. Colin Kapernack is justified protesting the National Anthem, as the NFL star is raising “real, legitimate issues” about things America needs to be talked about.
    7. America suffers from racism, conflicts between ethnic groups, and discrimination against immigrants.
    8. Criticisms of America being imperfect and having problems with racism discrimination are accurate.
    9. America still has “situations where women are not treated equally.”
    10. America “didn't think through” our policy in Vietnam War, as dropping cluster bombs proved counterproductive to "winning hearts and minds."
    11. America’s treatment of Native Americans was “tragic.”
    12. America “struggled to stay true” to our founding ideal that all men are created equal.
    13. When the environment is destroyed in America, it’s because the private sector is being “lazy."
    14. The United States is still to this day learning how to develop industry without destroying the environment.
    15. Due to industrialization, America “used to have terrible pollution … everywhere.”
    16. America’s role in the Vietnam war led to mass displacement of people from their homes.
    17. America dropped more bombs on Laos than on Germany and Japan during World War II … more than 2 million bombs … “the bombs fell like rain.” More bombs, he said on several occasions, were dropped on Laos per capita than anywhere else in the world.
    18. We bombed the “simple homes” of civilians in Laos. “Villages and entire allies were obliterated.” The ancient Plain of Jars “was devastated.” Countless civilians were killed.
     
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  20. KokomoJoe4, Sep 9, 2016

    KokomoJoe4

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    I have not heard anyone (except possibly Grizzoola) state that Obama is among the best presidents we have had. Given the declining status of this country during his tenure, not even his most ardent supporters are stating this. There is nothing that he and his policies have accomplished that is memorable or meaningful.

    What they all do say, and much of the mainstream media along with them, is that he is the smartest man to have held the office.

    Really?

    I don't see anything that makes me think this. Sure, he is a fair prognosticator of the NCAA tournaments. He is familiar with street lingo, and sometimes is able to distinguish between the 50 American and 57 Muslim states.
     
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