Americans net worth is up $10 trillion dollars since Obama took office

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    Re: Americans net worth is up $10 trillion dollars since Obama took office

    In Response to Re: Americans net worth is up $10 trillion dollars since Obama took office:
    [QUOTE]The stock market has doubled since the stimulus. 4.3 million private sector jobs have been created since 2009. GDP has been growing since 2009. Americans net worth is up $10 trillion dollars since 2009. Auto sales are up. Retail sales are up. Home sales are up. Unemployment is down. Bin Laden is dead, and GM is alive. Obama has done a very good job.
    Posted by Kirk6[/QUOTE]

    Kirk, you couldn't be more wrong.  since Obama took office:

    Individula net worth down 34%

    Official unemployment up to 8.2%.  REAL unemployment: 17%

    Gas prices doubled.

    Food prices up 30%

    Economic growth: a staggering 1%.  Official number is 1.9%, but that's garbage.  You can't include stimulus spending as part of econimci growth.

    He created 4 million jobs, but he also lost 4 million jobs.  Net: zero.  If you consider population growth, we are in a decifict positon on jobs.

    http://en.wikipedia.org/wiki/Jobs_created_during_U.S._presidential_terms

    So, all in all, your post is bull hockey.  but, you knew that.  You are simply in the tank, and would support Obama to the end.  foolish.


     
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    Re: Americans net worth is up $10 trillion dollars since Obama took office

     Maybe, but it's still high. Until you get unemployment back to the levels it was in early 2008, nobody is going to say anything good about this.
     
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    Re: Americans net worth is up $10 trillion dollars since Obama took office

      Funny, I seem to recall the DOW yo-yoing these last few years. Simply passing a mark isn't good enough. Sustaining the mark is what is needed, and I'm pretty sure I speak for everyone (even you, Kirk6) when I say it isn't going to stay above 13K for long.
     
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    Re: Americans net worth is up $10 trillion dollars since Obama took office

    In Response to Re: Americans net worth is up $10 trillion dollars since Obama took office:
    [QUOTE]The Dow just passed 13,000. It was at 6,400 in 2009.
    Posted by Kirk6[/QUOTE]


    The last time the Dow was above 13,000 (barely) was under the Bush administration, four years ago.  What was your comment the?  Hmm? 

    Where would the Dow be now, if not for the socialist clampdown on the markets, innovation, and private property?  30,000 maybe?

    Socialism fails, yet you celebrate it reaching the same level capitalism reached four years ago.
     
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    Re: Americans net worth is up $10 trillion dollars since Obama took office

    In Response to Re: Americans net worth is up $10 trillion dollars since Obama took office:
    [QUOTE]Obama saved the country from another Great Depression, rebuilt GM, reformed healthcare, reformed Wall Street, doubled the stock market, created 12 straight quarters of GDP growth, created 29 straight months of private sector job growth, got Bin Laden, got Gaddafi, and got us out of Iraq. Obama has done a very good job.
    Posted by Kirk6[/QUOTE]

    Obama has kept the country in ressession, 40 straight months of unemployment over 8%.

    Obama did nothing for the stock market, other than protest their existence with the occupy movement.

    Obama has choked GDP for four years, as GDP isn't even keeping up with the growth in poppulation.  GDP is negative if you consider all the facts.

    I could go on...

     
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    Re: Americans net worth is up $10 trillion dollars since Obama took office

     Actually, they don't need the tax cuts to buy the politicians, but who's counting. 
     
     And Romney respresnts smart labor. I hate to tell you this but the reason you can still buy a T-shirt for $20 is due to that cheap labor they get overseas. Bring those jobs back to America and plain old white T-shirt is going to cost you near $100 after covering the labor costs.
     Take your pick. Cheap labor or massive inflation.
     
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    Re: Americans net worth is up $10 trillion dollars since Obama took office

    I'm sure this news gives great comfort to the 14% of African Americans in America who are unemployed!!!!!!!!
     
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