33 Shocking Facts Which Show How Badly The Economy Has Tanked Since Obama Became President

Rey C.

Racing is life... anything else is just waiting.
its not true.
he said the other day that everything was just great.
economy great
unemployment great
housing market great
obamacare great
health insurance great
ect ect
he said the only problems the country has is congresses fault.

I watched the video that you provided and I still didn't hear any of that. Did you post the wrong video or am I not able to see the correct video because DirecTV hasn't authenticated my account as a Meester Perfect Fantasy Channel subscriber?

If you could post just one snippet where he said that even one of those things was great, I would greatly appreciate it. And I won't tell DirecTV that you provided restricted material to a non-subscriber to the MPFC... I promise. If you can't/won't provide it, then that might make me think that you were lying to me or trying to trick me. Especially at Christmas time, that wouldn't be a very nice thing to do, now would it? :nono:
 

meesterperfect

Hiliary 2020
its a shame you cant see it.
i know youre smart enough, maybe you just dont want too.

the question was about looking back at the promises he made ( about the economy and healthcare and other promises he made about " moving forward" is what she meant).
He asks the general question " are we helping americans feel more secure (financially) and if they work hard theyll get ahead".
Well the answer to that is clearly no. Most everybody is hurting financially.
Wages are the same, jobs are hard to get , Everything is more expensive, more taxes more spending many ( millions) of workers have seen their hours cut.
Unemployment is way up regardless of the liars who say it isnt. More people are collecting freebies than ever.
The answer to his own question is NO. No fucking way.
But then he catches himself and realizes he cant really talk his way out of it , he had nothing, so he shifts to " its congresses fault" and starts talking about
the terrible school massacre last year. Gun safety.
The idiots just love that.Then he randomly goes into having internet in classrooms.
What the fuck?
Then he slides into " we are producing more energy than ever". ( even though gas has gone up $1.50 a gallon since he took over).
Huh?
Then he spends another minute blaming congress.
3 minutes of pure horse shit , didnt even come close to answering the question.

Then she tells him " thats not what I asked. Americans have lost confidence and trust in you. DO YOU UNDERSTAND THAT?)
He then smiles and dismisses it as not true.
then he lies about how " a couple of million people now have healthcare"
Thats not true. People are getting dropped all over. The affordable health care act is a mess.
Because of it workers are getting their hours cut, business are raising prices are just folding.
Its having a huge negative effect on many things, the economy as a whole, peoples income, inflation.
Even the unions who endorsed this liar are saying its bad news and causing a lot of problems for millions of WORKERS.
And there he is dismissing it as false and smiling. Saying millions NOW have healthcare because of it.

Then he says because of him more people have opportunities ( to what be eligible for GOV handouts?)
Tell me what are these "more opportunities".
Then " more kids are able to go to school" because of him.
What the hell does that mean?
Was there ever a shortage of public schools?
Its a lie.
" More families are able to stabilize their finances"
Do I even need to comment on that huge chunk of bullshit?
" the housing market is improving"
Is he for real? pretty much everybodies home is worth way less now that when they bought it.
The housing market is still in the shitter.
" peoples wages are inching up a little"
Well theyre not,but they should be considering everything cost more thanks to the actions of the corrupt elitist run GOV we now have and its actions.
But its still a lie either way. if wages have gone up, its by a very insignificant percent.

Then he moves on to other lies about other stuff.

You dont see it, ok.
 

Mayhem

Banned
You twist yourself into such a knot trying to prove what isn't there. You contradict yourself the same way that Conservatives have been for the last 2+ years, you selectively interpret what hasn't been proven and you lay the whole mess at one man's feet after a government shutdown that did all harm and no good that he wasn't a part of. Unemployment is down, period. If you want to let your blind hatred get in the way of FACT, knock yourself out. But the rest of us ain't buying, so get over it. Gas prices are down compared to the much, much higher rate that they peaked at under the Bush administration. FACT. Get over it. Gas prices are more stable now than they have been for a long time. FACT. Get over it. The problems with Obamacare are the problems with a website, not the problems of a system. And for all the bitching and whining about it, I have yet to see the Republican Party do anything but bitch and whine, as opposed to offering a viable solution. If you guys want the country to abandon Obamacare, show us a better way. You haven't. FACT. Get over it. And if you have a problem with Obama saying, " peoples wages are inching up a little", who is it trying to raise the minimum wage, and who is fighting it tooth and nail? And your "corrupt elitist run GOV" is what the Right/Conservative/Republican/Tea Party has gotten us, not the President.

Sorry you spent so much time on a complete and total fail. Because that's all it turned out to be. FACT. Get over it.
 

Mayhem

Banned
It's Not Just Poor People Getting Hosed When Congress Lets Unemployment Insurance Expire

http://www.huffingtonpost.com/2013/12/27/congress-unemployment-insurance_n_4509790.html

David Torian is an Ivy League-educated lawyer and a onetime chief of staff to then-Rep. Michael McNulty (D-N.Y.). He has 23 years of experience in congressional and government relations, witnessed and practiced politics at the highest level, and has been well compensated along the way.

On Dec. 28, he will also be among the 1.3 million Americans who will lose their long-term federal unemployment insurance benefits.

Unemployment is not just a blue collar problem. As Torian's experience shows, it can affect even Beltway power players. And it comes without much, if any, warning. When the consulting firm that Torian worked for after his time on the Hill folded, there were few options available. He took time off to help his sister tend to their ailing mother, who died at the end of 2012. The Washington resident then went looking for work. While he found that his government affairs experience was a draw, his age, 49, was not.

"I get interviews but lose out in the end because prospective employers tell me my experience makes me 'over-qualified' and they do not feel I would stay long in the position if it was offered," Torian told The Huffington Post.

For over a year now, he has been receiving unemployment benefits as he tries to find a job. The benefits, roughly $430 a week, were set to last another few months. But he has been informed that his last check came this past Wednesday.

"The whole experience of not working and looking for work has been extremely stressful on me. It’s a pride issue. It is an embarrassment issue, too. A lot of my casual friends don’t know I’m not working. I’m too embarrassed to tell them that I’m out of work and on unemployment insurance," he said. He had hesitated to talk on the record because of that.

When lawmakers skipped town for Christmas break this year, they left unresolved what to do about federal unemployment insurance. The benefits, available to jobless workers who had used up six months of state-funded compensation, had been running since the Great Recession hit in 2008. Early in 2012, Congress began scaling back the duration of federal benefits as the economy improved. There was uncertainty as to what would happen at the end of this year with even better economic conditions. Now, with the program set to lapse, recipients such as Torian are left gaming out a petrifying next few months.

Already, he said, he's moved to a cheaper home, maxed out credit cards, and gone through his savings and 401(k) accounts. He's found some work on the side through a friend. But the income isn't enough. He figures that he can pay rent for three more months without the unemployment insurance. He's thought about looking for more blue collar work. But he has no background or skill set in those fields.

"I’m in and out of depression mode," he said. "I will stay in my apartment for days without leaving. It’s emotionally draining."

Unlike food stamps -- another safety net program that Congress likes to kick around -- Americans don't qualify for unemployment insurance by being poor. In fact, you can only qualify for unemployment benefits if you had a solid work history prior to being laid off. And you can only remain eligible by continuing to search for work.

Roughly 40 percent of Americans who've received long-term unemployment benefits since 2008 had previously earned between $30,000 and $75,000, according to an analysis of Census data by the White House Council of Economic Advisers. Earlier research by the Congressional Budget Office has shown that more than two-thirds of recipients had annual incomes more than twice the poverty level and that such households received 70 percent of all unemployment payments. In other words, unemployment insurance for the most part serves the middle class.

Yet up until recently, there was little apparent appetite to tackle the issue in Washington. Since early December, Democrats have waged an aggressive publicity campaign in favor of preserving the benefits, with daily statements from the White House and Democratic members of Congress. But even though he routinely threatens to spoil senators' weekends and holidays with urgent votes, Senate Majority Leader Harry Reid (D-Nev.) has said the Senate won't vote on restoring the benefits until Jan. 6 at the earliest.

Advocates for the program aren't particularly bullish on the likelihood of Congress' restoring the benefits retroactively either. But Democrats have been buoyed by local press coverage of the issue. In an effort to amplify that coverage, several lawmakers have begun meeting directly with unemployment insurance recipients in addition to putting them on conference calls with national reporters. Bruce Hirshfield of Bethany, Conn., was one of those examples, highlighted by Rep. Rosa DeLauro (D-Conn.) as representative of the wide universe of individuals set to take a hit.

Hirshfield has lived a largely ideal life. After leaving the insurance industry (where he had worked for 20 years), he joined a Connecticut bank as a vice president, earned a six-figure salary and lived comfortably with his wife and children, one of whom he had sent to college. The job was relatively stable and professionally stimulating. At 54 years old, he was happy.

Then it fell apart. The bank went through one, two, three restructurings. The last one cost Hirshfield his job.

He began training for a new career, taking a 30-week course in project management at the University of New Haven in hopes of widening his allure to prospective employers. But the search for work has been impossibly tough. He has been unemployed now for 14 months. For just over a year, he has been receiving unemployment benefits.

“It’s tough,” Hirshfield said in an interview. “I’m one of four children. I’m the youngest. My dad died when I was 18 and a half. My mom turned to me and said, ‘You are now the man of the house.’ That burned inside me. That really shaped me for who I am as a person. And now, here I am as the classic provider guy and I’m not that anymore in a sense.”

Repeatedly during the interview, Hirshfield stressed that he doesn’t think of himself as a "sob story." His wife is working and he receives roughly $600 a week in benefits. He recognizes that others are in much worse straits. Yet when the long-term unemployment benefits expire on Dec. 28, he will face difficult choices. He has a daughter who is a junior in college and another who is in her senior year of high school. He has thought about selling his house, but isn't sure he would qualify for a mortgage or if it would be financially smart.

Hirshfield says he's more open now to blue collar work. But like Torian, he isn't sure if his skill set would be appealing to such an employer and he stubbornly (he admits) wants to hold on to the life he built.

"You grow into a certain station in life, and you want to maintain that," he said. He bristled at the notion that unemployment benefits had dulled his desire to find full-time work -- a criticism of the program made most recently by Sen. Rand Paul (R-Ky.).

"My motivation is not about getting unemployment benefits. My motivation is to get back to where I was," Hirshfield said. "Rand Paul to me, I appreciate his perspective, he is a smart man, but I don’t necessarily agree with his viewpoints. I understand what he is saying, but he is dead wrong."

With no immediate employment opportunities, Hirshfield has stretched his dollars as far as he can. He stopped going out to dinner, began doing some of his own auto repairs, drained his savings, dipped into his pension and whittled down his stock portfolio. With the remaining $20,000 or so, he is taking risky bets in hopes of high returns.

The day before the Dec. 28 deadline for unemployment benefits to lapse, he decided to cash in three $25 bonds that he had received as a bar mitzvah gift. They stopped accruing interest in 2000. He estimates he can get $400 out of them.

"I had held on to them largely for nostalgic value," he said. "I never even thought about cashing them in. Never once gave it a second thought. Now I think, 'Wow, I could get some groceries out of this.'"
 

meesterperfect

Hiliary 2020
Yeah I read your post.
It was good even though I hate when people use the term FAIL to try and make a point.
i pretty much disagree with every fact you posted but why debate it over and over.

This last post about unemployment benefits.
Are you with Pelosi on " Unemployement is good for the economy because people can collect than spend it which stimulates the economy"?
I been hearing a lot of people upset about their benefits being stopped after a year or more.
As if it should go on forever. Free money for life.
And if the economy is as good as you and the PREZ say why is this even an issue? Why cant they find jobs?
Fact is unemployment is not down. Its much harder to get a job than it was in the past with the exception of a few major bad times throughout the years.
And full time jobs are even scarcer thanks to Obummercare. Much scarcer.

Regarding the minimum wage. Well I like to see people doing alright. But minimum wage is MINIMUM.
Most jobs that pay minimum wage are not meant to support a family.
Thats where self reliance kicks in and you try to get A BETTER JOB.
Jack the minimum wage and their are consequences to that.
Sure its good for a bit, but then inflation and more unemployment kick in.
Workers are , or at least should be paid as to what they produce. How much money they make their employers business.
I agree it should go up a little however, but its a fine line between helping and hurting.
 

Mayhem

Banned
Yeah I read your post.
It was good even though I hate when people use the term FAIL to try and make a point.
i pretty much disagree with every fact you posted but why debate it over and over.

This last post about unemployment benefits.
Are you with Pelosi on " Unemployement is good for the economy because people can collect than spend it which stimulates the economy"?
I been hearing a lot of people upset about their benefits being stopped after a year or more.
As if it should go on forever. Free money for life.
And if the economy is as good as you and the PREZ say why is this even an issue? Why cant they find jobs?
Fact is unemployment is not down. Its much harder to get a job than it was in the past with the exception of a few major bad times throughout the years.
And full time jobs are even scarcer thanks to Obummercare. Much scarcer.

Regarding the minimum wage. Well I like to see people doing alright. But minimum wage is MINIMUM.
Most jobs that pay minimum wage are not meant to support a family.
Thats where self reliance kicks in and you try to get A BETTER JOB.
Jack the minimum wage and their are consequences to that.
Sure its good for a bit, but then inflation and more unemployment kick in.
Workers are , or at least should be paid as to what they produce. How much money they make their employers business.
I agree it should go up a little however, but its a fine line between helping and hurting.

I actually try to keep usage of the term "Fail" to a minimum. But sometimes the most accurate term is the most accurate.

I still don't get it. And bs allegations from the feeble-minded to the contrary, I'm not trying to pick a fight, but I just don't get it. Either the economy is great and everyone on unemployment is leeching the system or, the economy is bad and the people on unemployment have a valid reason for being so. How is this not a binary state? How are we threading the needle and saying that the economy is bad and all unemployment claims are for losers who won't look for work. I've been asking this one question for 2 years and no one has attempted to answer it.

I have a sister whose picture is next to the term "work ethic" in the dictionary. So much so that her doctor ordered her to quit her last job (a county government job) because she was killing herself. As luck happens with my family, this happened just in time for the crash. I'm 47, which makes her 59. She's been looking this whole time, but take another look at her age and tell me who is going to hire her. In basic terms, she is one of the people in the above quoted article. So you tell me. What's her solution? What's her solution if past illness makes a reappearance? Will Youtubing Ted Cruz, reading Sam I Am keep her from destitution? Is Rand Paul going to pay her medical bills? Where's Sarah Palin and Michelle Bachmann going to be when her house is taken from her?

Again you contradict yourself when you say, "Thats where self reliance kicks in and you try to get A BETTER JOB." You just said there aren't any. And take a look at where this country rates in education. What BETTER JOBs are there for a country that ranks 29th in literacy?

I agree it should go up a little however, but its a fine line between helping and hurting.

I'm not one of the people who thinks min. wage should be $20, but we are in agreement that it should go up.
 
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