Those stats are absolutely meaningless without comparison to other economic recoveries. Once you actually bring up those, this recovery becomes the worst, slowest one in American history.
I actually think the very very weak recoveries abroad is what will cause our next economic downturn.
These were posted in the same thread. Is this real? America has recovered better than anyone because we didn't accept idiotic austerity measures in a deep recession (flat out crushing the Fox Business graphic). This has been a fantastic recovery given the global circumstances, and no one can paint it otherwise. Comparing it to past incidents is very unfair. Unless you want to compare it to how good FDR managed, then please proceed singing the praises of Keynes. The only serious point on the Fox graphic is one that directly contradicts a point in the initial graphic. Have at that what you will. Someone is wrong. The labor market is much improved by most measures though. The last point in Kingpoleon's post is a despicable and baseless qualitative assessment ftr.
Foodstamps are up. That is a good thing. More have access to basic essentials who need it. Home ownership is flat - not everyone needs to own a home. That Clinton and Bush presidencies caused a massive bubble of unqualified owners - Andrew Cuomo being most at fault. We're back around where we should be. Perhaps the is a policy goal we can look towards in the future, but I don't think it is something realistic to accomplish now in the post-recession years - especially combined with all the buzz of urbanisation.
Obama has magnificently guided us through this era in a way everyone else has failed.
Though he deserves no credit on the market indices. Share buybacks are good for the shareholders of course, but they don't indicate much for the health of the greater economy. Otherwise, yes, this presidency has been pretty dang awesome. Absolutely historic.
What happened to all those conservatives begging for energy independence as the center of their platform 5-10 years ago. Lol.
