America’s Economy Before Obama Versus After Obama, by Michael Leahy.
At a press conference in Greece one week after the American voters rejected his legacy at the polls by picking Donald Trump over Hillary Clinton, President Obama defended his record, saying that people think he “did a pretty good job” as president.
“The president said the U.S. ‘is indisputably better off’ because of him, and those who voted for Trump “are better off than they were when I came into office for the most part,” CNS News reported.
Breitbart News put President Obama’s claim to the test using eight key metrics of economic health: the federal debt, the gross domestic product annual growth rate, the unemployment rate, labor participation rates, median annual income, home ownership rates, health care costs, and reliance upon food stamps.
Six of these eight metrics show that Americans are demonstrably worse off in November 2016 than they were in January 2009, when President Obama was inaugurated.
The two metrics which show nominal improvement — the unemployment rate and median annual income — come with significant caveats. While the measured unemployment rate has declined under Obama, the dramatic increase in the number of those not participating in the labor force, and stagnant median household annual income in real terms, suggest that those two economic metrics represent illusory gains.
The post-modern new left has a persistent problem with the truth — they practice political correctness, contradicting reality for political gain.