If the success of a president is determined by the economy after he leaves office...

If the success of a president is determined by the economy after he leaves office, then Obama was an absolutely smashing, never-before-seen success.

>Unemployment dropped from 10.3% to 4.7%
>75 months of job gains, a new record
>Average GDP growth of 3%
>Mean household income raised from $52k to $56k
>S&P gained 200%
>Dow Jones hit new records, started at 7949, ended up at 19732, a 250% increase
>Nasdaq hit new records, started at 1377, ended up at 5825, a 420% increase
>Home prices increased by 30%
>Deficit spending shrunk by $1 trillion due to his sequester
>Number of uninsured Americans dropped from 50 million to 28 million, almost half

Attached: obama-smug.png (580x452, 253K)

Other urls found in this thread:

irs.gov/affordable-care-act/individuals-and-families/aca-individual-shared-responsibility-provision-exemptions
politifact.com/illinois/statements/2017/mar/16/peter-roskam/rep-roskam-gdp-growth-obama/
breitbart.com/big-government/2018/07/06/us-trade-deficit-record-high-exports/
i.imgur.com/8WoBlsb.png
fred.stlouisfed.org/series/USGOVT)
bls.gov/news.release/empsit.t15.htm
newyorkfed.org/newsevents/news/research/2017/rp170517).
washingtontimes.com/news/2018/jul/1/us-really-did-have-manchurian-candidate-white-hous/
youtube.com/watch?v=poz6W0znOfk
twitter.com/AnonBabble

>Nigger
>Started Syrian Cival War and Refugee Invasion

Spamming your cringepost over and over actually makes it less valid, not more.

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Nothing that happens over in the middle east matters.

Let them blow themselves up. They have American weaponry that we sold them - they can deal with it themselves.

Tell me one of these data points that is not true.

If your IQ is determined by how stupid your posts are, you are a genius.

Presidents have always been judged based off of the performance of the economy while they were president. If you think otherwise you are as much of a nigger as OP's picture.

People had to pick up 2nd jobs because smaller companies couldn’t afford to pay full time. In picking up those 2nd jobs they’d just tack one of those onto someone who wasn’t working. Being on welfare also meant being unemployed. Also insurance was mandatory and if u didn’t pay then be prepared to pay a fine more than the insurance

>Number of uninsured Americans dropped from 50 million to 28 million, almost half

Only because they had no choice in the matter. It was either get insured, or pay heavy fines/fees, even out of your own taxes.

GDP growth under Obama if I recall was almost 0%. I was surprised they didn't bring out negative interest rates. Unemployment numbers are always fishy when people stop being counted. I'm also skeptical of the DOW and NASDAQ numbers under anyone considering everything is forced into the market these days since savings are pointless. Home prices had nowhere to go but up after being rock bottom. Deficit spending is meaningless due to the actual debt that was incurred under his tenure. Job gains if any were paltry sums of part time jobs due to bad economy and obamacare rules.

The IRS provided a form to exempt yourself from the tax penalty.
In the three years that they started levying the fines, I never paid a penny.
irs.gov/affordable-care-act/individuals-and-families/aca-individual-shared-responsibility-provision-exemptions

>GDP growth under Obama if I recall was almost 0%
Look it up yourself

>I'm also skeptical of the DOW and NASDAQ numbers
Literally just google these and look up the 10 year returns from January 2009 to January 2017

He did great....He lowered the unemployment rate and he only borrowed 10 trillion dollars to do it
THANKS OBAMA!

GDP Growth was stagnant. I'm sure it averaged out better over 8 years or whatever. It doesn't change the fact that everyone's eggs are in the basket in regards to the market. There are no savings anymore which is required for things to run well.

>The IRS
Funny you should mention that during the Obama reign

Ahh okay I looked up the GDP growth and Obama was the first president to not have over 3% GDP growth several times. He was typically around the 1.5-.1.9 growth mark depending on quarter. It wasn't zero but it was pretty dogshit heh.

Don't worry about the "trump's baseline" part. That's just from the article I got it from.

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Wrong pic, sorry

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I wonder if those bumps correlate with the QE they're fond of...Interest rates were also 0% the entire time.

>quarterly growth
AHAHAHAHAHAHA
Anything Obamadrones need
Obama presided over the worst recession recovery in our history. He was an absolute economic failure

>Literally not refuting anything in my post

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Sure, keep telling yourself that.

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>According to the Bureau of Economic Analysis, the percentage change in GDP growth during the third and fourth quarters of the last year of Obama’s final term was 3.5 percent and 1.9 percent, respectively, resulting in an average growth rate of 1.6 percent for 2016.
>That was down 1 percentage point from 2015 when GDP grew by 2.6 percent, which marked the best year for average growth under Obama.
politifact.com/illinois/statements/2017/mar/16/peter-roskam/rep-roskam-gdp-growth-obama/
Ahahha typical, even the nigger president needs affirmative action from his online cronies

Please get your head outta your ass and stop trying to be obamaleaf
>sage

/thread

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"Quarterly GDP growth" isn't a thing.

>With the way Roskam refers to growth, however, Obama indeed was the first president who did not achieve more than 3 percent growth in GDP. Average growth under Bush Sr., was 2.1 percent; 3.9 percent for Bill Clinton; 2.3 percent for George H.W. Bush; and 3.5 percent for Ronald Reagan.
Worst
Recession
Recovery
in US History
And that's after doubling the amount of debt we had accrued in the entire history of our country, in 8 years.

Obama’s foreign policy, if you can even call it that, was beyond retarded.

>The broader U.S. economy appears to be on sturdy ground. Economists are forecasting that economic growth accelerated to an annual pace of roughly 4 percent during the April-June quarter, about double the previous quarter’s pace.
breitbart.com/big-government/2018/07/06/us-trade-deficit-record-high-exports/
Ahahahahhahahahha

Notice how you abstained from mentioning the us debt under obama

Also, worst job participation in our nation's history. All of his employment claims are the result of numbers manipulation:
- Stopped counting 90 million eligible workers
- Used government to employ (YUUUGE govt. growth under Obama while simultaneously shrinking military).
- Began considering 24 hr/week workers employed; a demographic he EXPLODED thanks to Obamacare.

And as mentioned earlier - not a single year over 3% GDP growth. Only POTUS ever to suck that hard, including one termers.

Obama was a national disaster.

>Home prices increased by 30%
That's not a good thing.
US debt doubled while he was in office.
He could've bought all that cash in hand and still get save some money.

can you guys tell me what Unemployment metric these stats are always use?

That's because US debt doesn't affect the economy. We have the highest debt currently than we've ever had in the history of the country, and the economy is doing great.

I believe U3, but the better tale of the tape is the U6 (though still not perfect).

No, because that would mean the graph wouldn't represent what they want it to

>If the success of a president is determined by the economy after he leaves office
No, it's measured by the economy during office, ꜱoyboy.

>That's because US debt doesn't affect the economy.
Really?
How did those bailout and gov subsidies work then?

To refute your unemployment stats-
The huge reason unemployment dropped so low is people outright left the workforce. Unemployment stats account for those who are seasonally and frictionally unemployed- it doesn't mean people have actually found jobs. Also for your insurance stat- they were forced to buy insurance because of Obamacare.

no one whos not retarded actually cares about the (((economy)))
a look at inflation, the cost of housing, and immigration are better indicators than how many niggers you import are spending their gibs and eating up all the under the table jobs.

>Hillary still lost
Ouch

He didn‘t do a lot of good things but if there is one thing alzheimers-oompa should suck his thicc dick for it‘s the economy.
I never understood that craze about the first rate hike, even back then it was clear to everybody with a working brain that the us economy was starting to hum. A few rate hikes later it still is.
Americans are unironically lazy retards for not doing their homework on who fixed the biggest financial crisis in decades caused by whom again?
kys braindead trailer trash

Trust a greek to be completely retarded
Read the thread bucko

This is something a lot of people don't understand or willfully ignore: the most commonly used unemployment statistic stops counting people after their unemployment benefits expire. I believe it's the U6 stat. Those people that it stops counting are not employed - they are simply ignored by the stat.
Real unemployment under the Obama regime was closer to 20%, especially if you count the under-employed (people forced to work part-time and/or for shitty wages).
Only since Trump has real unemployment been reduced significantly AND people are reentering the work force who, under Obama, had given up.
Abracadabra, Soetero.

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german on vacation, as I said don‘t trust anybody just do your homework lazy monglet

If what you say is true, that it was Obama's policy that is making America great again, it must really burn your almonds knowing that it will only get Trump elected again. How does it feel knowing that your hero Obama will give Trump 4 more years?

LMAO. Go kys.

>If

Obama was the worst president economic-wise in our history. Prove me wrong

No country can avoid having bid deficits after a crisis, you dumbass. If you try to eliminate the deficit the crisis only becomes worse. Nobody, including competing economic schools in the left and right, argue this (lolbertarians don't count for obvious reasons)

The fun thing is, Obama actually left a very small budget deficit, as you can see in pic related.

>that 30 year old boomer who does not realize that job participation is becoming lower because boomers are retiring and the participation rate is naturally becoming larger

All those "experts" who claim that unemployment numbers are not real because of participation, but don't mention how many of that participation raise is because of boomers retiring, don't deserve a second of my attention


>Used government to employ (YUUUGE govt. growth under Obama while simultaneously shrinking military).

This is FALSE, I just looked it up and the fact that you are stating it means that you are clueless -> i.imgur.com/8WoBlsb.png (from fred.stlouisfed.org/series/USGOVT)

The big uptick in 2010 is because of the census, which temporally increases the employment by a lot - I mention it because since you are a trump fan you probably don't have a fucking clue about it

>Began considering 24 hr/week workers employed; a demographic he EXPLODED thanks to Obamacare.

The bureau of labor provides SIX different ways of measure unemployment statistics (many of which, by the way, show a higher unemployment figure than what you trumpets like to believe). Please educate yourself before trying to look like you know something bls.gov/news.release/empsit.t15.htm

The fun thing is that there are a lot of reasons to criticize the Obama economy but trumpism ignores them. For instance, the recovery is partly based in an increase in household debt, which has already surpassed the peak of the crisis (newyorkfed.org/newsevents/news/research/2017/rp170517).

Attached: 2016-budget-chart-deficits-and-surpluses-percent-of-gdp.png (1003x690, 126K)

So selfless of him.

He decided the best way to save the economy was to let it sit in the toilet for 8 years, knowing it wouldn't start soaring again until the very next day aftrr his replacement was elected.

He really was the perfect president, and was very presidential (everyone agrees)

That would be impossible.

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>75 months of job gains
I'll say it again as many times as it takes to sink in, replacing full time workers with a billion part time workers isn't job growth.

every chart of every important american asset proves you wrong, you are just too lazy to dyor homo faber..i walk markets since you were collecting pokemon amateur

see kk bucko

Trump should have stuck with the "markets are in a big fat bubble" narrative and week 1 released the shadowstats unemployment numbers. When the market crashes he'll be on record as right. His biggest mistake so far was taking credit for an overvalued market that can be easily crashed by the fed out of spite.

>created mostly part time jobs
>destabilized Syria and created the refugee crisis
>doubled the national debt
>his election was post-recession so he literally couldn't have made it worse even if he tried
Obama was a cunt

>There hadn't bee revolts in Syria going back to the 1980s
>Syria hadn't been playing a double game and letting jihadis set up shop on the Iraq border and giving them Iranian arms
>Assad and the 2011 spike in food prices aren't what caused the revolt

Jow Forums Russiaboos are as bad as fucking SJWs in thinking everything that happens in shitholw nations is caused by "muh imperialists."

Assad and Iran played a double game supporting Jihadis to fuck with America in Iraq and the blowback is hilarious.

You are a fucking retard. The epic policy changes in just 1-2 years of Trump eviscerates any argument that the economy is improving because of Obama. Most of Obama's "legacy" is already dismantled and decaying. When it comes to economic growth, the reason is that investors and big $ feel safer. Republicans are just better at running things than Democrats.

Stop double-spacing your posts faggot.

>no reliable source
Opinion discarded

>Obama has deficit spending due to worst recession in 80 years and two ruinious wars he didn't start
>"Hurrrr the debt matters"
>Trump inherits low unemployment and growing wages, doesn't try to get the debt down at all, slashes taxes on the rich
>"Fucking based Trump, deficits don't matter!"

>Bee revolts
Nigga shit is scary already without the bees revolting

All the economic growth was jewish stimulus growth. Fake growth

washingtontimes.com/news/2018/jul/1/us-really-did-have-manchurian-candidate-white-hous/

Bush crashed the economy with his banking policies, and Trump stopped the incredible gains we were making post recession with his tariff nonsense and tearing up all of our trade agreements.

Do you know Obama faked those stats even more Spain fakes their GDP, right?
There is a reason both Sanders and Trump talked in the elections about the "real unemployment rate".
For extra kek, Snopes claimed Trump lied and Sanders said the truth despite both giving the same numbers and citing the same source.

You do realize that wages have stopped growing and the yield curve on bonds has gone flat. We're going into recession.

Thanks Based Trump!

simply look at dow jones you braindead inbred..its pretty much linear until Trump tried to make it go parabolic the republican pump and dump way. i pity you delusionals, now go fuck your thicc whale of a mom and leave business to those making money with chimps like you

>bitcoin refugee from Jow Forums thinks he knows what he's talking about

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t.jew

country was decimated by recession
economy started healing
I did this

>that we sold them
schlomo please that may have used to work in 2008

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Woah, glad we have Warren Buffer posting on Jow Forums. Thanks for the billion dollar financial advice!

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how more digs do I have to get, every single answer is digits. trust kek at least, no?

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What idiots like you don't put into account is that part-time jobs are also considered as full employment. Many people took part-time jobs during his presidency, it would also be sake to say that those that held down several part-time jobs were counted more than once in the census. Fuck King Nigger.

you will never make it, confirmation bias will prevent that

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>Economy booming under the God Emperor
>Obama: "I made this."

the dyor loser

Another kikepuppet amerifat

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NIgger you haven't refuted a single thing I've posted, Obama had the worst economic performance in US history
>but check the price of bitcoin! Checkmake drumpfkins

Nice rebuttal Ivan

You think importing refugees hasn't happend in the US? user..

Now show Saudi Arabia.

Wait these numbers only include direct aid, not arms and equipment sold.

Make a chart showing that.

Yup.

What's the stat for "real employment." Is it available anywhere?

Found the Jew!

>If the success of a president is determined by the economy after he leaves office
>If

GDP growth of 3% isn't always good. It depends both on the inflation rate and what the GDP was before the growth. If the 3% growth puts us above 5% GDPr growth per year, that's actually unsustainable growth and contractionary (fiscal? i think?) policy is necessary.

Unfortunately, most of the material is available through subscription-only, although you can still read the monthly overviews for free.

www.shadowstats.com

also, the number of uninsured Americans tends to drop if you fine them $700 for not getting insurance.

>conveniently ignores how corrupt and fucked the Obama administration was

Is a nigger, gotcha

youtube.com/watch?v=poz6W0znOfk