The results are in. Barack Obama was the roadblock to recovery

Flopping Aces ^ | 12-22-17 | DrJohn

[Starman417]

When he took office, barack obama haughtily demanded the he be handed the economy:

President Obama this summer has repeatedly blamed George W. Bush for the nation’s economic woes, a year after he took ownership of the economy and criticized those who “carp and gripe.”

The White House’s effort to tie congressional Republicans to Obama’s predecessor comes less than three months before the midterm elections. But the president’s campaign speeches this summer are in contrast to a speech he delivered in Michigan last year when his approval ratings were 17 points higher.

During a July 14, 2009, address in Warren, Mich., Obama said, “Now, my administration has a job to do, as well, and that job is to get this economy back on its feet. That's my job. And it’s a job I gladly accept. I love these folks who helped get us in this mess and then suddenly say, ‘Well, this is Obama’s economy.’ That’s fine. Give it to me. My job is to solve problems, not to stand on the sidelines and carp and gripe.”

At the time, the AP wrote, “With four simple words — ‘Give it to me’ — President Barack Obama took possession of the economy.”

Except he didn't. The very next day obama went on a Bush blaming binge that lasted eight years during which he did little more than carp and gripe.

Rick Moran:

Obama's constant whining about the bad economy he inherited still finds resonance among a voting public that has been conditioned to ignore the president's ruinous economic policies and concentrate their ire on President Bush.

Whatever shortcomings in economic policies Bush promoted - and they were many - the impact of his actions on  our current economy have long since faded. The economy is being driven by economic policies implemented by the Obama administration. The financial meltdown was a horrible event but after 5 years of legislative stimulus and, more imporantly, stimulus implemented by the Federal Reserve, we have yet to dig ourselves out of a hole despite spending trillions of dollars. The fixes applied by the Obama administration have not worked - period.

But try telling the American people that when it is routine for the president and the press to blame his predecessor for the moribund economy and jobless recovery. Perception is reality in politics. And Obama has been successful in feeding the perception that the opposition is to blame for his incompetence and rancid ideas.

Here is obama's economic record in nine charts:

obama was bent on "spreading it around" and making so sure no one got a leg up on anyone else that he largely kept everyone down. He kept his jackboot on the throat of American business his entire tenure and tied the country in knots with regulations.

To see more of what obama blames for his record, see here and here.

The truth obama cannot face is that he was responsible for his moribund economy and worst recovery almost ever.

Deroy Murdock:

Obama’s 2.2 percent annual GDP growth has been just over half the 4.1 percent yearly hike in federal revenues. Between fiscal years 1965 and 2014, federal receipts averaged 17.4 percent of GDP. The figure for fiscal year 2015 was 18.2 percent. Uncle Sam is fat and happy. Meanwhile, only 3.6 percent of Americans under 30 own private businesses, a 24-year low, down from 10 percent in 1989. The 14.3 percent poverty rate for 2009 was 14.8 in 2014, the Census Bureau’s latest reading. Sentier Research reports that in 2015 real median household income, $56,700, was right where it was in 2007. America’s middle class has wasted eight years on the road to nowhere. For this anemia, please thank Obamacare, Dodd-Frank, the war on coal, green mandates, a flopped $833 billion “stimulus,” the 35 percent corporate tax (the civilized world’s highest), class warfare, and Obama’s 77 percent national-debt increase — from $10.6 trillion to $18.8 trillion. Obama and the Democrats typically pin this fine mess on Bush. His compassionate socialism certainly created widespread wreckage. But America hired Obama to change that. If Bush still is to blame, then Obama has accomplished nothing in seven years. As Bill Clinton revealed: Obama is either an economic Typhoid Mary or an economic Rip Van Winkle.

Louis Woodhill:

[onedoug]

Kenyan enemy islamist ø

[ctdonath2]

“Those graphs are compelling and should be shown to every lefty who talks about Obama’s record in positive terms.”

They spin it away anyway.

My favorite Leftist relentlessly blames those curves, and every economic ailment, on the “Bush tax cuts”.

[rlmorel]

Wow. No kidding. Those are damning charts.

[GoldenPup]

The results are in. Barack Obama was the roadblock to recovery

Well, no sh*t, Sherlock. That ignorant boob was a roadblock to a lot of good stuff. Worst pres in history. Worse than Jimmah Catah, even and that was awful.

[JLAGRAYFOX]

Kenyan, Muslim, America Hater & Would Be America Destroyer, ex-POTUS Barack Hussein Obama, did indeed try his utmost best to destroy the American economy, but believe it or not, that was not his worst sin & crime against the USA.

As the first elected, African-American POTUS, he had the grand, open, opportunity to bring the ethnic races together by stressing the need for the assimilation of Black Americans into the the USA economy & culture, as so many millions of immigrants and indentured slaves have done through American history.

But, Obama chose to restrict such movement by making certain that Africans-Americans remained firmly planted in the economic chains of slavery in big city ghettos that he forged by destroying any chance for Black folk to truly participate in the American dream. Life on the “Obama” Black Plantation was neither worthwhile, fulfilling or safe for millions of Black Americans.

Obama hates America, always has hated the USA and always will hate the American Republic. Obama, as now being prove, is naught but, a raging racist Tyrant, Despot, Dictator, Thug, & Criminal. He, along with Hillary Clinton, both belong in jail for being Traitors and Turncoats to the USA and our people.

[mewzilla]

Roadblock?! He’s a frigging Bangalore torpedo.