Presidential election, 2016

[MillsT_98]

(07-27-2016, 03:35 PM)Anthony Wrote:

Quote:Obama has wildly exceeded my expectations. In addition to the economic triage, he's done some remarkable geopolitical triage. I compare and contrast him with Bush 43. While Bush 43 did a number of right things after 9/11, he quickly lost the trail. Overall, Bush 43 frustrated me greatly on the geopolitical front. He failed to see beyond the WoT. In this new century, we not only faced a ramping up of terrorism, we also faced a rapid deterioration of the Post WW2 order, and its modification, the so called post-Cold War order. The time to strike was the early 00s. We lost a precious decade due to this. Obama was able to step in and if not stop, at least arrest the deterioration. Finally we are cranking up our strategic defensive and offensive stance, in response. Kudos to Obama!

You are aware of the fact that in each of the last 11 months, the U.S. unemployment rate has been lower than it was in every single month of Ronald Reagan's presidency.

Yet the far-right Big Lie Machine has managed to convince most of the country that the economy under Obama has been at its worst since the 1930s.

The Great Recession/Crash of 2008 has made everything worse for working families and young students. The drop in the unemployment rate since then was bolstered by the creation of jobs, but many of these jobs left many workers underemployed and underpaid. In addition, many unemployed people stopped looking for work, leaving the workforce and causing a so-called drop in unemployment (mostly due to fewer workers in the workforce). In addition, the creation of wealth has mostly gone to the top 1%. The rich are getting richer and are leaving everyone else behind. This income inequality and underemployment/underpayment is why the economy has been at its worst since the 1930s.