I stumbled across this earlier today, and besides the fact that it offers seemingly incontrovertible proof Obama’s policies have been disastrous for the economy, it also absolves George W. Bush for our current financial dilemma. The nine graphs seen below represent different ways in which the health of an economy can be measured. While their respective time spans vary, they all seem to point towards an accelerated fiscal decline since Obama took office, worsening with each new set of illegally passed regulations that serve only to further his dangerous agenda and cripple the recovery.
From left to right, top row to bottom:
- Student Loans, which have skyrocketed under Obama’s watch.
- Millions of people on Food Stamps, which has more than doubled since the tyrant entered the White House.
- Federal Debt, which has seen a more than forty-percent increase and now exceeds the entire GDP in percentage; a sure sign our economy is tanking.
- Money printing, the values of which held steady from Reagan through George W. Bush’s second term. Under President Obama, the amount of money printed annually has increased roughly fivefold, to $3.7 Billion in 2015. This is always damaging to an economy, as it dilutes the value of currency
- Health Insurance costs: This graph only covers His Majesty’s first four and a half years in office; however, I used the exact same source to make a more comparative graph spanning precisely fifteen years, ending April 1, 2016, which I’ll include below.
- Labor Force Participation: This is pretty self-explanatory, and there’s certainly a correlation between this and the number of Food Stamps users (although the latter probably also includes illegal immigrants galore)
- Workers’ Share of the Economy: This field was beginning to correct itself in Bush’s second term, only for it plummet within a year after Hussein took office.
- Median Family Income: I’m willing to call whoever compiled this out on cherry-picking data. Using the same source as above, the MFI made a small rebound between 2012 and 2013, to approximately $54,500, then dropped to about $53,750 by 2014 (no newer data available).
- Home Ownership: Using the latest available date for info (01/01/15), I can assure you it’s only gotten worse (see below). It stood at 67 1\2 percent when President Bush took office.
So, there you have it. Combined with the fact that real unemployment might be upwards of one-quarter of the work force, these graphs leave you wondering whether the recession ever really ended. Still think Socialism is the answer? Think again.
Facts are facts! I’d like to see what the liberals out there have to say about this hard statistical data. But knowing how liberals collapse and hide in their safe spaces whenever they encounter a view they don’t agree with, I won’t hold my breath waiting on a response.
H/T [ Zero Hedge]