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State Of The Union: Are You Better Off Than You Were 7 Years Ago?
Investors Business Daily ^ | 01/12/2016 | Editorial

Posted on 01/13/2016 2:43:17 AM PST by expat_panama

State Of The Union: After seven years in the White House, how does one measure Barack Obama's success as president? How about by the standards he set for himself in his first State of the Union address?

Obama gave his eighth and final SOTU address after we went to press. But we're on safe ground predicting that he spent a good chunk of it praising himself.

I saved the country from a second Great Depression! Saved the American auto industry! Extended health insurance to 19 million people! Took on climate change. Made the world a safer place!

Those are all dubious claims that we've repeatedly debunked. But beyond that, our 44th president has a funny way of resetting the bar — always lower — so he can claim to have leapt over it.

Yes, there are 9.3 million more jobs today than in January 2009, but there are 17.2 million more people than when Obama took office, which means that the economy has created only about half the jobs needed just to keep up with population growth.

Real median household income is lower than it was in January 2009. The number of people in poverty...

[snip]

Racial divisions...

[snip]

Obama said he would end the day when the country "managed to spend more money and pile up more debt" without solving problems. Since then, he added more than $8 trillion in debt and leaves a mountain of problems unsolved.

He said he'd vastly improve education in the country, but math and test scores have been falling over the past two years. Graduation rates are up, but they were climbing under Bush as well.

One thing that Obama has unquestionably achieved in office is to lower expectations of what a successful presidency means.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: economy; government; investing
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To: tacticalogic
I imagine there are some who did pretty well. Vultures feeding on the corpses.

Does my ability to save and invest well make me a vulture? Not a very conservative sounding statement, if you ask me.

21 posted on 01/13/2016 4:16:50 AM PST by catfish1957 (I display the Confederate Battle Flag with pride in honor of my brave ancestors who fought w/ valor)
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To: expat_panama
Stated: After seven years in the White House, how does one measure Barack Obama’s SUCCESS as president?

This question should be rephrased to:

After seven years in the White House, how does one measure Barack Obama’s TIME IN OFFICE as president?

He was a stuffed shirt Sophist in 2008 and he remains the same utterly useless zero that has called unrepairable damage to the United States from within and in foreign relations. He has cultivated chaos and sent US race relations back to 1964.

22 posted on 01/13/2016 4:17:50 AM PST by Netz
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To: expat_panama

No.


23 posted on 01/13/2016 4:24:34 AM PST by kalee
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To: expat_panama
It's not about me. It's about the state of our nation.

and my answer is NO

24 posted on 01/13/2016 4:33:24 AM PST by onona (Blind Faith - originally released in 1969 on Polydor Records)
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To: catfish1957
Does my ability to save and invest well make me a vulture? Not a very conservative sounding statement, if you ask me.

Some of the predators did pretty well too, but overall the big winners were the scavengers.

25 posted on 01/13/2016 4:34:03 AM PST by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: expat_panama

Hell, all I heard from the speech was “DURKA, DURKA - JIHAD! DURKA, DURKA!!!”


26 posted on 01/13/2016 4:37:37 AM PST by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: tacticalogic
Some of the predators did pretty well too, but overall the big winners were the scavengers.

Hmmmmm.... I thought this was a Conservative Forum.

27 posted on 01/13/2016 4:42:10 AM PST by catfish1957 (I display the Confederate Battle Flag with pride in honor of my brave ancestors who fought w/ valor)
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To: expat_panama

State Of The Union: Are You Better Off Than You Were 7 Years Ago?

No, Divorced, Laid off due to contracts being cancelled twice, had to take low paying jobs to survive and work my way back up, in debt when I should be retired. I don’t lay all the blame on Obama, I blame the whole Democratic Party of Destruction.


28 posted on 01/13/2016 4:56:31 AM PST by Garvin (Scratch a liberal, get a fascist)
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To: expat_panama

This is a joke story, right?

HOW many people are not working? HOW many children live in poverty?

For chez Boots, we’re fortunate to have JOBS-until SHTF, I hope.


29 posted on 01/13/2016 5:16:57 AM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
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To: catfish1957
Hmmmmm.... I thought this was a Conservative Forum.

I thought only liberals deny human nature, or think they can simply re-write it with the stroke of a pen.

30 posted on 01/13/2016 5:22:10 AM PST by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: catfish1957
conservative forum

You should see some of the weird crap I've been dealt on FR. My opinion has definitely changed about this place. You can't come here looking for validation any more, that's for sure. You've got to come expecting a fight and stick to what you know is right.

31 posted on 01/13/2016 5:23:34 AM PST by conservativeimage (I won't go underground. https://www.youtube.com/watch?v=Wema3CNqzvg)
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To: raybbr

> ANYONE who claims they are better off today than seven years ago is either insane or works for the government (the two are not mutually exclusive).

I am better off. No thanks to the Obama Regime and the government.
I worked my butt off to get ahead during these 7 years. I watched my friends lose their jobs (some still don’t have jobs). I watched the interest on my savings go to near zero. I watched my 401K go into the toilet. I watched friends and relatives go into heavy debt.
But making my own luck and changing jobs (still private industry), I now make 4 times what I did 7 years ago, and the government taxes me double what it did 7 years ago (I really hate progressive tax rates that punish you for being a good earner).


32 posted on 01/13/2016 5:28:40 AM PST by BuffaloJack (Slavery will continue to exist and thrive as long a Islam continues to exist.)
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To: raybbr

I am only better off because I work hard every day, don’t spend of stupid stuff, and was one of the lucky ones that did not get laid off. I paid off some debt but am not safe by any means.


33 posted on 01/13/2016 5:47:32 AM PST by Resolute Conservative
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To: BuffaloJack; catfish1957
I am better off. No thanks to the Obama Regime and the government.

So am I. But that's tempered by the knowledge that much of what I have gained is going to come at the eventual expense of my children and grandchildren.

Maybe I'm just getting cynical in my old age, but I can't shake the feeling that whatever prosperity we're experiencing right now is just a short term illusion that's going to have some miserable long-term consequences.

Obama and a complicit Congress tapped a vein to drain the life-blood from our progeny. I don't feel like celebrating because I played my own hand well enough to get some of it.

34 posted on 01/13/2016 6:00:48 AM PST by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: Garvin

“State Of The Union: Are You Better Off Than You Were 7 Years Ago?

No, Divorced, Laid off due to contracts being cancelled twice, had to take low paying jobs to survive and work my way back up, in debt when I should be retired. I don’t lay all the blame on Obama, I blame the whole Democratic Party of Destruction.”

Same here basically. You’re not alone. I earn half of what I used to before Barry and the divorce and supplement by pulling from what’s left of my retirement. Hate doing that but it’s all I can do.


35 posted on 01/13/2016 6:14:14 AM PST by joethedrummer
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To: BuffaloJack

“I now make 4 times what I did 7 years ago, and the government taxes me double what it did 7 years ago (I really hate progressive tax rates that punish you for being a good earner).”

There we have it - taxes have gone UP.
Prices have gone UP. Food, clothing, everything has gone up.

This is not good for a nation where so many wages and jobs have gone down the toilet.


36 posted on 01/13/2016 6:18:31 AM PST by joethedrummer
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To: expat_panama

Lord no. My life has fallen to pieces. My wife was laid off from her medical position of 18 years. In her two years of unemployment she had an affair to fill her days. My law firm lost do many clients because of the economy that my office closed. With that chaos came divorce, loss of my home (sold) and a living standard far below what I had enjoyed the prior 25 years.

I know plenty of others in similar positions.


37 posted on 01/13/2016 6:23:19 AM PST by Buckeye Battle Cry (Hillary - Ethically sleazy and politically stupid)
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To: catfish1957

S&P500 has more than doubled since January 2009. If your portfolio is only up 19% you must be invested very conservatively.


38 posted on 01/13/2016 6:23:26 AM PST by FewsOrange
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To: expat_panama

NO, we live on a fixed income and with the increase in food cost, higher property taxes, NO COLA raise for SS or Ret. Military this year. We are Both. Increased Co-pays for meds, increase in Medicare, leaves a whole lot less spending money. Have had to cut back on what I spend on food, and very little ‘free’ money for spending. No way to put money back either. Splurging is a BD or Anniversary dinner out. Buy gift cards at double the gas points from Kroger’s or wait until they put them on 4 x the points to buy, use Discover to pay, 1% back. Pay Discover in full each month..no fees. Hubby filled up the car for 68 cents a gallon, 22 gallons end of Dec. And will do the same in Jan. Up to 35 gallons a fill up.


39 posted on 01/13/2016 6:25:00 AM PST by GailA (any politician that won't keep his word to Veterans/Military won't keep them to You!)
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To: Buckeye Battle Cry

I am so sorry, Buckeye. I will say a prayer.


40 posted on 01/13/2016 6:25:58 AM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
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