Obama spins economic news, again

So, Obama held a presser telling us how well the economy is doing. He announced that 160,000 new jobs were created in April 2016. This is good news, he says. People who do not ask questions will accept Obama's affirmation of this economic news. But, I ask, is the economy doing better after 7.5 years of Obamanomics? Here are the statistics. You can decide for yourself.

1. A majority of those 160,000 jobs are part time, mainly because Obamacare forces people who have too many full-time jobs to pay for health insurance for those workers, and they can't afford that, so they just create part-time jobs. For more on this, read "The truth about Obama's economic numbers."
2. The 160,000 new jobs supposedly created in April is the fewest announced created jobs in seven months.
3. The number of American workers not working is 94.04 million. There are 210,220 working age people in the United States, so that means the unemployment rate is 40%.
4. People's incomes are not rising!
5. People do not have more disposable income. 
6. People do not have more liberty and freedom with their money.

Without rising productivity, you can't have rising wages, and you can't have increased salaries. You just can't have it.

Those 95 million Americans not working have to have their livelihoods paid for by someone. Someone has to pay for the food on their table, or beer in their refrigerator. Someone has to buy their cars and pay for their gas. Someone has to pay for their iphones and service. Someone has to pay for them when they get sick. 

So those who are working are flipping the bill. And small businesses are paying for the not working rather than creating jobs for the not working. 

So not only is the government spending more and choking more, it is making the economy where the American dream languishes, smaller. Yet here you have Obama at a press conference speaking of how much the economy has improved. Millennials fall for this because they have never seen a robust economy. To them, this is robust. 

Barack Obama: The dismal statistics

Some people claim Obama was the worst president in U.S. history.  Here is a collection of statistics (and related information) from various sources during the Obama administration to confirm this claim (along with links to their sources).

1. Wages down 23% since 2008
2. Obama on track to surpass Obama outings
3. Record $2.6 trillion tax revenues
4. Government runs 460 billion deficit that our children will have to pay for.
5. Total debt rises to $18 trillion; up 70% under Obama. Our children will have to pay for this too.
6. Feds take record $341,591,000,000 in tax revenue and spend most of it on entitlement programs for the me generation. We used to be concerned about us, and we are now concerned about me, me, me, me, me. "What will the government do for me? What free stuff will I get next? What bathroom should I get to use? 
7. 51 million immigrants in 8 years; 82% of U.S. population growth. We don't know where most of them are, and when they are caught Obama's policy is to let them go. No background checks, means some of them may be criminals and terrorists. They do not make any pledge to assimilate, and this was why immigration was shut down from the Coolidge through the Johnson administration. If we don't do something we will lose our sovereignty like Europe has. 
8. Record 20% of American Households on Food stamps in 2013. This might help explain how the 94 million working age Americans who are no longer looking for work are eating. 
9. Loss of full time jobs in favor of part time jobs, and claiming net job gains. This is a direct result of Obamacare, which forces companies to pay a fine if they have more than 50 employers and don't offer them free health insurance. Part time work counts as full time work in Obama's economic numbers. For instance, Obama reported 160,000 jobs created in June of 2013. However, if you look closer at the numbers. 162,000 full time jobs were lost that month, and 322,000 part time jobs were created. You see, they give you the numbers, but don't tell you what they mean, so people just assume things are getting better when they are indeed not. 
10. Median household income in 2013 was $51,900, according to recent reports from the US Census Bureau, 8% lower than before the recession began in 2007.  So, 2008, the last year of Bush and all of Obama's administration. Median household income has fallen about 8%.
11. Economy slows to halt in first quarter of 2015: Grows at measly 0.2%
12. 1 in 5 elderly dies broke
13. 1 in 5 Americans on Welfare. Again, this is what the 94 million no longer in the workforce are using to support themselves and their family. They are sitting around watching game shows while the rest of us pay for it. This is another example of the me generation.
14. Home ownership suffers 20 year low; blacks suffer most
15. $2,446,920,000,000: Federal Taxes Set Record Through June... while only 50% pay taxes
16. $16,451 in taxes per U.S. worker
17. Under Obama, the U.S. has a post-Depression era record high number of citizens living at or beneath the federally-defined poverty line
18. Under Obama, the U.S. has a record high number on the federal welfare foodstamps/SNAP program
19. Under Obama, the U.S. has a record low workforce participation number. It has been around 94 million.
20. Six-and–half years into the Obama presidency the economy has set yet another new statistical low.
21. 46.7 million in poverty
22. Immigration population hits 42.4 million -- record high; most are not immigrants, they are invaders (those who cross the border illegally are not immigrants, they are invaders). 
23. Record 94,610,000 not in workforce; labor force participation rate lowest since 1977, according to the Bureau of Labor Statistics. 
24. 56,646,000 women no longer in workforce
25. 63.2 million non-English speaking residents, a record number. You see, they are not assimilating. They are not becoming Americans. We are losing our sovereignty. 
26. We've run up close to eight trillion additional national debt dollars since 2008, since Obama was inaugurated, and there hasn't been any concern for it expressed in the Media. Actually, when Obama took office the debt was $10 trillion. It is now (as of June, 2016) up to $10 trillion. Despite this, he brags how he brought down the national debt and reduced spending. 
27. 17% of jobs now held by immigrants. This causes a spike in the number of workers and drives down wages. Due to low wages Americans can't afford to take these jobs, even if they need work. 
28. 94,103,000 not in labor force. That's 27% of Americans not working. That's a 27% unemployment rate. But it's reported as 5.5%. Go figure. That 27% doesn't even include the 5.5% who are not working and still looking. So, when you total the two, you get close to a 40% unemployment rate. That's pretty bad, considering 24% was considered bad in 1930. Since these folks are on food stamps, are on welfare, and living in comfortable homes, you don't see them in long food lines like you did in 1930. So, for this reason, we get no public outcry. Even with these poor economic statistics, Obama continues to claim the economy is improving. When you look at the actual numbers, we are in an economic depression worse than the Great Depression. We are in a Great Depression. 
29. Over 43 million Americans living in poverty, which is up over 8 million since Obama became president, according to Census Bureau.
30. 43 million Americans on food stamps, which is 12 million more since Obama took office, according to USDA. This is one explanation for not seeing soup lines.
31. 1 in 5 families do not have a single person in the workforce, according to Bureau of Labor Statistics.
32. 1 in 6 men between the ages 38-34, prime working years, are either incarcerated or out of the labor force. They are either in jail incarcerated or living with their parents. This is according to the Bureau of Labor Statistics. 
33. The death rate from drug overdose more than doubled from 1999 to 2013. This is typical of a depression. When they don't work they lose their self-esteem and feeling of self-worth. Suicide rates are typically higher in a depression. Yet the White House continues to talk about the economy as though it's getting better.
34. 58% of Americans feel like strangers in their own country. This isn't all Obama's doing, although he has made the problem worse by refusing to build the wall that was already approved by Congress under the Bush Administration. He has also made it easier to enter our country illegally. He also refused to enforce immigration laws on the books, which would easily solve this problem. Of course his amnesty program encourages more to come in too. 
35. First president not to see a single year of 3% economic (GDP) growth. This makes Obama the forth worst on record. This is sad, because "The rate of real economic growth is the single greatest determinate of both America’s strength as a nation and the well-being of the American people."
36. Home ownership falls to third lowest on record. It's amazing how the economy is doing so great yet people can't afford to buy homes. 
37. By the end of his two terms, home ownership was the lowest it had been in the past 51 years, according to the Census Bureau
38. Despite the Feds collecting a new record of $2,139,254,000,000 in taxes, deficit, the debt is $407,099,000,000
39. The number of U.S. police officers shot deat increases 78% in first half of 2016 alone. 
40. Second quarter of 2016: Economy grows at a measly 1.2%
41. Recovery weakest in post WWII era, or weakest recovery since 1949. The real gross domestic product growth averaging 2.1%. At 7 1/2 years and counting, it is also among the longest on record. But it hasn’t packed much of a punch. Cumulative growth of 16.5% since the trough is well shy of the 38.4% increase during the 1982-1990 expansion and 42.6% from 1991-2001, according to the Wall Street Journal.
42. U.S. Debt up 122% under Obama
43. 700 inmates have been released from Gitmo -- more than 200 have returned to the fight
44. Crime increased 10% in 2015, and violent crime increased almost 4%. It's true crime rates have been higher other years, yet this is spike was the result of beurocrats preventing police officers from doing their jobs. It's also the result of an economy that is not as good as Obama says it is. During recessions and depressions, crime rates tend to rise. 
45. 66% of kids 15-29 living with parents. That's up 6% between 2007 and 2014. 
46. By the time he leaves office, the United States will have acquired more debt than all 43 presidents before him combined. 
47. His Secretary of State, Hillary Clinton, and he ignored 600 separate requests for added security at the embassy in Benghazi, and all of them were ignored. This resulted in four Americans being killed in an act of terror. 
48. Not necessarily a stat, although he told Americans they would save $2,100 per year under Obamacare, but the complete opposite happened: millions of people lost their doctors, millions lost their healthcare plans, Obamacare premiums surged by double digits. On average, since Obamacare went into place, there has been a $4,100 increase per family. 
49. He signed the Iranian Nuclear Deal. This gave the world's #1 state sponsor of terror $150 billion and the ability to spin their nuclear centrifuges. 
50. He let people from countries who do not support our values, and who did not pledge to support our values, into our country. He let people from nations who do not support women's rights and gay rights. They also don't respect other Faiths, especially Jews and Christians. 
51. African Americans under Obama saw 58% increase in food stamps, according to USDA.
52. African Americans under Obama saw an 18% increase among those not in the workforce, according to Bureau of Labor and Statistics. 
53. In 2016, from January to November, Chicago saw 3,817 African Americans have been shot, according to the Chicago Tribune. 
54. Since 2009, since Obama has been President, 3,656 people have been murdered in Chicago, and 75% of those victims were African American, according to the Chicago Police Department.
55. Our educational system is failing, especially in inner cities
56. High school graduation rates are 9% lower than the national average, according to the National Center for Education Statistics.
57. High school dropout rate for African Americans in 2014 was 7.4%, according to the National Center for Education Statistics. This is higher than the national average. 
58. As of November, 2011, the U.S. is ranked 4th in the world among developed countries, according to the Organization for Economic Co-operation and Development. 
59. The U.S. is ranked 4th in the world on per pupil spending, and that comes to $11,600 per student. Despite this, the U.S. is ranking among developed countries is 17th in reading, 19th in science, and 26th in math, according to the National Center for Education Statistics. 
60. During the 8 year presidency of Obama, the democrats saw the number of democrat members of the U.S. Senate declined by 10.2%, democrat members of the U.S. House of Representative declined by 19.3%, democrat members of state legislatures declined by 20.3%, and democrat governorships declined by 35.7%. This shows a complete rejection of the democratic party agenda as a result of the Unconstitutional agenda of Barack Obama. This is according to the Washington Post. 
61. In fact, after the election of 2016, democrats were only left with control of the Governorship and State House in only four states, or five states if you include Connecticut where there is a tie and the tiebreaker goes to democrats (compared to 25 for republicans). The four states are California, Hawaii, Rhode Island, and Oregon. In this way, democrats now hold the fewest number of state legislatures in history (republicans hold 4,170 seats and democrats hold 3,129). 
62. Worded another way, since 2008, democrats have lost 11 seats in the Senate, 60 seats in the House of Representatives, 14 governorships (in only 5 of 50 states do democrats have control of the governorship and the state House). Democrats have lost 900 state legislative seats across the country. They have also lost mayor's offices and city councils.  Compare this with republicans, who have 33 state Governors and full control of the governorship and state legislature in 25 states.
63. Or, worded yet another way, during Obama's tenure, and despite his popularity, democrats lost over 1,000 seats. This includes the presidency, including a loss in U.S. Senate seats from 55 to 46, a loss in the House of Representatives from 256 to 194, a loss of governorships from 28 to 16, and a loss of 958 state legislative seats. The net loss was a total of 1,042 state and federal democratic seats. 
64. To add to this, Republicans today hold 31 out of 45 lieutenant governor offices, they hold 31 of 50 Secretary of State offices, and they currently remain at 69 of 99 legislative chamber majorities – an all time record for the party. GOP control of 69/99 of the state legislatures (Nebraska’s is unicameral) is an all-time high, Beginning in 2017, republicans will have thoe most state-elected lawmakers in office since 1920.
65. In 2008, Rush Limbaugh said, "I hope he fails." He was referring to Obama's policies. Obama succeeded, and that's why he was completely repudiated in 2016. 
66. Life expectancy drops for first time in a decade, particularly among citizens less than 65 years old. This is an indicator of the overall well-being of a nation, so this is not good. This could also be an indicator of the rise in suicides, which usually goes up during depressions. The death rate tends to rise when the people see that there is little hope that things will improve. So, this is yet another indicator of the failed policies of Barack Hussein Obama.
67. According to The Competitive Enterprise Institute, the Federal Register now exceeds 75,000 pages with over 90,000 regulations and from 2016 alone. In fact, on one day in November 2016, Obama handed down a whopping 527 pages of regulations, which made his total number of regulations the most of any U.S. President. In 2010, he created 81,405 pages. This was the old record, which has now been exceeded by a whopping 235 pages.  They are made on the premise that they will make people safer, although the true purpose of most of them is to make a few lobbyists and corporate interests richer and the American people poorer. 
68. Americans businesses have paid over $873.6 billion in regulations. This has paid a significant tole on the economy. When potential employers have to pay these regulations, they have to do so at the expense of creating jobs. Many do not even open their doors because of the high burden of regulations. There was also $344 billion in EPA regulations alone. In total, Obama has created over 2,988 new regulations. 
69. He failed to gain control of wage stagnation. People like your author here went four of Obama's year's in office without getting a raise, and his pay is now $4 below the market average for a respiratory therapist. 
70. Democratic voter turnout dropped in 2010, 2012 and significantly in 2014. 
71. Despite unemployment being at 4.7%, the number of working age people who have given up for work and are no longer considered unemployed is a record 95,102,000. This is up 18% since Obama took office in 2009. This is your proof that his economy is failing people. To all those who are not working, it is called a depression.
72. Obama may have broken racial barriers when he became the first African-American president of the U.S., but his election did nothing to improve race relations. In fact, a majority of Americans (54%) say that race relations deteriorated under Obama, according to a recent CNN/ORC poll.
73. He has refused to use the term "Radical Islamic Terrorism." There have been many random acts of terror on U.S. since Obama took office in 2009, although he continues to say there have been none. He has been naïve to terrorism. If we don't call it what it is, the problem will never be resolved. He calls terrorism things like "workplace violence." And, rather than going after the organizations responsible for their radicalization (such as ISIS), he has chosen to champion for stricter gun laws for law abiding citizens. So, basically we get punished because of the actions of a few nut cases.
74. Trade deficit climbs to 6.8% in November, 2016
75. Obama gave his final speech on January 11, 2017. He claimed the economy is good, and that race relations have improved. However, according to a Washington Post poll, 65% of Americans believe race relations have gotten worse. That's up from 48% in the spring 2016
76. So, Obama gave his final speech on January 11. He claimed the economy has improved. He did not mention any of the above dismal statistics. He did not mention that we are experiencing the lowest home ownership rate in 51 years, He did not mention over 11 million Americans are on foodstamps since he became President (which explains why the 94 million no longer in the workforce are making a living, and why they quit looking for work). 
77. In his farewell speech, Obama did not mention that over 43 million Americans now live in poverty, nor that 1 in 5 American families do not have at least one person in the labor force. He did not mention that 1 in 6 men (18-34) are either incarcerated or out of the workforce. He did not mention that he accumulated more debt than all other presidents combined (over $20 trillion). He amassed $9.3 trillion in debt over 8 years. While Obama brags about how many jobs he has created, America has lost over 301,000 manufacturing jobs, In 2016, America had a global trade deficit of over $732 billion. 
78. Obama said you can keep your doctor. He said if you like your insurance you can keep it. Obamacare did the exact opposite. Millions of people lost their doctors and lost their health insurance, and were forced to pay more for Obamacare. In 2017, Obamacare costs are increasing by 25% on average. 
79. Obama said average American family would save $2,500 a year. The exact opposite happened. In 2008, the average healthcare cost for families was $12,680. In 2016 it was $18,142. This was an increase of 42%. Deductibles are so high for most families they can't even use their plans. 
80. The number of healthcare providers are evaporating. Many people buying on the exchanges have just a single doctor to choose from. 
81. Many insurers are pulling out of the Obamacare exchanges because they are losing money. So not only are there fewer doctors to choose from, there are fewer insurance agencies to choose from. This was actually the intent when Obamacare was created. Obama wanted this to happen so people would crawl to government asking for it to bail them out. If Hillary would have been elected, this would have been an ideal time to transfer Obamacare over to the universal healthcare system Obama has wanted all along. 
82. He gave Iran, the world's #1 sponsor of terror $150 billion. Lord knows what they are going to do with this money. 
83. The CDC reported that 33,091 deaths resulted from opioid overdoses in 2015. 
84. The $9,334,590,089,609.44 that the debt increased under Obama as of the close of business on Wednesday (January 20, 2017) is more debt than was accumulated by any previous president. It equals nearly twice as much as the $4,889,1000,310609.44 in additional debt that piled during the eight years George W. Bush served as President. This equates to approximately $75, 129 for every person in the U.S. who had a full time job in December (of 2016).
85. After Obamacare was passed in 2010 by a straight-line democratic vote, the 2012 mid-term election saw 23 of those legislators lose their seats. 

I am not a racist because I disagree with Obama

So I'm on Facebook, and I read this: "What if Obama was white, would the creation of 200,000 jobs for several straight months still make you think his economic policies aren't working."

When I see junk like this, I have a hard time not responding.  So I didn't, but I will in this space.  Here is what I would have responded if I did.

So, are you implying I'm a racist because I don't approve of Obama's economic policies.  Let us investigate those 200,000 jobs. Actually, let's just investigate the 275,000 jobs created in June.  On the surface that number sounds great.  However, once you break it down, it actually doesn't.  Consider that in June the number of people employed full-time actually declined by 523,000, and the number of part-time workers increased by 799,000 (which includes those who wanted part-time and those who wanted full-time but could only find part-time).  So the 275,000 number is misleading in itself. It is in no way indicative of a robust economy.  Am I a racist because I chose to investigate the numbers the Obama administration releases? Am I a racist because I do the job the media refuses to do? 

There, that saves me from angering some friends.  Thanks.

Millennials have never seen a robust, American economy

Americans under 25 (Millennials) have never heard anything good about America.  Even when the economy was rolling in the mid 2000s all they heard was how bad the American economy was.  Young people in this nation have never heard about how great and honorable it is to be American.

Think about it.  All young people have heard the past 15 years have heard is negative news about the iraq war, how Americans torture prisoners of war in order to get news, how Americans are the cause of world poverty, how American factories are the cause of global warming, and how the American economy sucks.  

I mean, think about it.  Even while the economy was booming during the Bush years all they heard was how bad the economy was.  Then when Obama became President and the economy was truly bad, they heard how good the economy was. So they have developed a warped sense of what good is.  

They have never, at any point in their lives, ever seen unfettered, unadulterated, conservatism/ capitalism.  They have never seen a robust American economy. They have never seen how victorious America can be over those who wish to do harm to its citizens.  

They hear news how 20% of American families have no one employed and they don't even bat an eyelash because they just think it's normal. They hear news how the economy grows 1% of 1% in the first quarter of 2014, and they believe the people who blame it on cold weather.

They are not taught how great America is, or was.  They are not taught about the founding documents and the founding fathers the way we were.

Think about this for a moment.  Think about what your view of America would be if you were never told about the founding of this great nation.  Think if you were never taught about American greatness and American exceptionalism.  It's no wonder they have a warped view about what America is capable of.

They are told that by their exhaling CO2 they are contributing to the warming of our planet.  They are told if the global temperatures increase even by the slightest degree that we will be no more.  They are told this, and they have no reason not to believe it, because contrary views are not taught in schools.

They are taught that America is a racist nation full of people who hate gays. They are taught how women are treated poorly.  They are taught that the way to get out of poverty is to redistribute wealth, and then they are exposed to the rise in unemployment and poverty that is the resulting factor of this.

No wonder kids today are down on themselves.  No wonder they are down on America.  They get a warped view from only one angle in school and the media and social sites and they think that's the only angle.

That is, unless they have parents at home who share with them the truth about America, and how great unfettered capitalism has made this nation in the past.

Their view is that what is going in America today is just normal; its how it always has been.  So they don't blame anyone for it because, especially not Obama, because he's just another President who was handed a bum economy.

Kids today have no historical perspective. They just see what has happened in their lifetime, which has been a barrage of bad news about America. Constant attacks by liberals in Washington and the media.

That is, unless they come from a family where they see and hear what America is capable of. Unless they come from a family that tells them how great America was when they were growing up. Unless they have a family that tells them what the world was like before America existed.

Most Millennials have never seen anything else, so they just think this is normal. They think this is the best it gets.

This is why it's so important that, in the upcoming midterm and general elections, that we elect people with strong, conservative values into both Congress and the Presidency.  

20% of families have no one working, says data

The BLS has been tracking data on employment in families since 1995.
That year, 18.8% of families had no one working.
The highest percentage was in 2011 when it hit 20.2%
It's hung at 20% in both 2012 and 2013.
So we cannot blame just Bush or Obama.

New data from the Bureau of Labor Statistics of the U.S. Department of Labor shows that a whopping 20% of American households have not one person working.  That means that 1 in 5 households are living off the government.

The Bureau defines a family as follows:

Families are classified either as married-couple families or as families maintained by women or men without spouses present. Unless otherwise noted, families include those without children as well as those with children under age 18

About 1 in 5 American families have no one working,
the trend has been consistent since 1995

The report showed that in 2013 there were 80,445,000 families in the U.S. and in 16,127,000—or 20 percent--no one had a job.

I supposed if you define economic success by how many families are on the government dole, then this is remarkable.

However, if you define success, as most people do, by how many families are self sufficient, then this is a stunning sign of the abject failure of the American economic system.

Something we are doing is abjectly wrong.

China to become #1 world economy this year?

The United States became the world economic leader in 1872.  So that means the U.S. has been the economic leader of the world for 142 years. That streak is pegged to come to an end in 2014.

Ulyssess S. Grant was President in 1872. Experts predict, based on analysis of economic data, China will surpass the U.S. as the most dominant economic nation sometime this year.

This is stunning, and it will happen under Obama. I'm not saying I'm blaming Obama for the collapse of the American economic system, although he did nothing to turn things around.  He said he was going to, although, to this point, none of his economic strategies have worked.

Statistics show that the U.S. had an abysmal 1% of 1% (that's 0.1%) economic growth in the first quarter of 2014.  The Obama administration is blaming it on cold weather.

Now, let's delve a little deeper into this.  Consider statistics between 2011 and 2013.  During this time, the American economy grew 7.6%.  However, during this time the Chinese economy grew 24%

Obviously, there is something the Chinese are doing that's driving their economy, something the U.S. is not doing.  And I know what it is: it's capitalism.

Communist leaders, after years of watching how successful capitalism works, has adapted a capitalistic economic system.  The U.S. has gone in the opposite direction.  The result here is a rising Chinese economy and a declining U.S. economy.

Personally, I think we should be happy for the Chinese, because it's evidence of what conservatives have been saying all along: capitalism works.  That the U.S. is falling is evidence of the failures of the progressive movement here.