Posted on 12/27/2014 8:09:48 PM PST by SeekAndFind
When will the improving American economy translate into higher approval ratings for President Obama?
It will take time. But if recent trends continue, Mr. Obama’s political standing is likely to strengthen.
The economy is turning upward. Job growth is increasing, as The Upshot’s Neil Irwin has noted, and wage and income growth – which have been largely nonexistent for years – are likely to pick up. The latest estimate shows G.D.P. grew at a rate of 5 percent in the third quarter, the fastest rate since 2003.
The political currents are seemingly running in the opposite direction from the economy, however. Mr. Obama’s approval ratings are currently mired in the low 40s – mirroring the ratings for his handling of the economy – and his party was soundly defeated in November’s midterm elections..
(Excerpt) Read more at nytimes.com ...
Where in the **** is the economy strengthening? Bueler? Bueler?
2/3 of the 5% GDP growth was due to people paying increased healthcare expenses due to 0bamacare.
To do so, Americans dipped into their savings. Anyone who saw the voting patterns of the November mid-term elections last month should have put 2+2 together on that point.
Which is to say that Americans are pissed that they are having to dip into their savings to pay for the ridiculous 0bamacare program.
Outside of that, GDP growth was a mere 1.4%, give or take.
1.4% GDP growth isn’t going to save 0bama’s legacy.
No doubt. He’s already real, real popular because the country has never been more united and there isn’t a single segment of the economy that’s not better off than it was when he took office. Oh. Duh! That’s 180. How silly of me.
Ha ha ha ha ha. And HA! “As the economy improves...” ??????????? Wake us up, please, if that ever starts happening. ( if we survive that long). Five years and the obama Great Recession continues its successful descent — where it stops, nobody knows. When it stops- 2017 if we’re very very lucky.
We need breathless Ann Compton to read this to us.
Watch for increased spin from the WH.
RE: Where in the **** is the economy strengthening? Bueler? Bueler?
Obama has been touting the GDP increasing every quarter, the lower unemployment rate, lower price of oil and the record stock market.
if the GOP is smart, which they are not, they get the PR machine rolling and push the narrative the economy’s rebound is a direct result of the thumping the rats took in November...
An old gray whore Extra! “Comrades! We have glorious news: Yet another socialist party president is not an ongoing, slow-motion train wreck. More good news tomorrow!”
Its too late to save the Democrats.
Obama is more hated than Bush.
I didn’t recall reading articles in December 2006 about how an economic turnaround would boost Bush’s political standing.
The MSM is getting desperate.
1. The economy is not strengthening.
2. Obama blows, regardless of what the economy does.
3. The economy is not strengthening.
Nobody’s feeling it except for lower gas which everybody knows Obama had nothing to do with.
...I see DC getting rich.
But they’re doing it by looting and pillaging the rest of us...
His plan to create all those energy jobs in Fracking and Oil Shale was pure genius!
BUMP for Morning Coffee. Enough Freeping for one day. Must sleep...
Zzzzzzz! ;)
The msm has been heralding the impending reversal of the Obama Great Recession for five years already, without impact. Now it seems they’re buying into their own lies. Hilariously so, given their propaganda flagship in NYC is on ( richly deserved) economic skids with more layoffs in the works. Meanwhile, the American people have seen through the lying “Ministry of Truth” anyway, so nothing the MSM says has any Impact anymore - It’s made itself irrelevant. The emperor has no clothes and the sheeple have finally figured it out.
Comrades! Good News!
Chocolate Rations have been INCREASED from five grams to three grams!
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