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To: AlexW

Interesting how you get it and you are thousands of miles from here. Included is a letter to the editor in the local rag, from someone who thinks the economy is doing just fine, and you won’t find the ABAWD statistics, or the drop in average annual income in the letter. The writer claims internet privilege and peer review but the debt to GDP figures look really bogus. No one can possibly believe that with the rising debt, and shrinking GDP there can be any truth to those statistics.

“The numbers say we’re better off now

America is much better off now than when President Obama took office. In January of 2009 the Dow was 7,949; today it’s 16,437. Unemployment was

7.8 percent; today it’s 7 percent. GDP growth was a minus 5.4 percent; today it’s at plus 4.1 percent.

In 2009 when President Obama took office, the deficit relative to gross domestic product was 9.8 percent; today it’s 3.3 percent. Consumer confidence was 37.7 percent in January 2009; today it’s 73.5 percent.

All these numbers are easily found through an online search engine.

For some reason a large percentage of Americans choose to ignore how our economic situation has gotten better over the last five years. To be sure, Obamacare is having a rough roll-out. And there are other federal efforts that can be improved - most of them.

However, when someone generalizes from one specific case, Obamacare is awful, for example, and then generalizes and condemns the whole Obama progressive effort, they are making a logical fallacy. The fallacy is called generalizing from the particular. The fallacy is that the premise (Obamacare problems) fails to support the asserted conclusion (all progressive programs bad).

We are better off now than we were five years ago.”


10 posted on 01/18/2014 2:28:05 AM PST by wita
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To: wita

“Interesting how you get it and you are thousands of miles from here.”
_________________________________________________
I do not have to be there to get it.
I am on FR every day. While I get FOX news, I know the real truth by reading it here. I also know that Obumbo is a Marxist, so what else can one expect.
Just because I live a free life far away, it does not mean that I am not concerned about America. I have a daughter and many friends back there.
Oh, another FReeper is on his way to visit next week, and I am waiting to get together with a few, living in Davao, Mindanao :)


12 posted on 01/18/2014 2:43:15 AM PST by AlexW
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