Join Pinal County Dems!

Obama Best President for the Economy in ModernTimes

Sat, Sep 20, 2014

Economy

A new economic report, published by Forbes.com on September 6, 2014, clearly shows that President Obama is the best economic president in modern times. It’s not an opinion, it’s a fact, based on all of typical the economic indicators, including jobs, investments, growth and expansion, even the rate of inflation. In all of these areas President Obama’s record outperforms that of every other modern president, including conservative idol, Ronald Reagan.

Under President Obama’s leadership, the unemployment rate has now decreased to 6.1 percent, the lowest it’s been since 2007, when the economy began gushing jobs under the failed leadership of then president George W. Bush.

Typically, republicans have tried to detract from the president’s accomplishments. When it comes to the falling unemployment rate, they claim that it is somehow related to large numbers of people just dropping out of the workforce. This would almost be believable if the economy wasn’t creating new jobs at a rate that coincides perfectly with the falling employment rate, but it is. There have been six consecutive months with more than 200,000 new jobs created, with only a slight dip in that number in August. Additionally, there have been 63 straight months of economic expansion and more than two solid years of manufacturing expansion.

Read Full Article
  • Share It!
« previous 10 - next 10 » (1 total)