Politics, Politics, Politics

The Trumpcare zombie is back from the dead. And here come the same old lies.
Washington Post

The Plum Line | Opinion THE MORNING PLUM: For many months, President Trump and Republicans tried to sell Obamacare repeal proposals that would have cut hundreds of billions of dollars in health spending on poor and working people — by peddling all sorts of creative lies about how those cuts wouldn't actually end up hurting the many millions who would lose coverage as a result. Those efforts failed. But now Trump and Republicans are back with one final effort to repeal Obamacare. And in so doing, they will try to sell a proposal that would cut hundreds of billions of dollars in health spending on poor and working people — by peddling all sorts of creative lies about how those cuts wouldn't actually ...
https://www.yahoo.com/news/m/20f489...a1aa6977/ss_the-trumpcare-zombie-is-back.html
 
Ryan: Senate has 'last chance' on Obamacare

CNN)House Speaker Paul Ryan urged the Senate to pass the Graham-Cassidy health care bill, calling the proposal "our best, last chance to get repeal and replace done." If it passed the Senate, Ryan said, he would bring it straight to the House floor vote a vote. Speaking to reporters at a tax reform event at a Harley-Davidson facility in his home state of Wisconsin on Monday night‎, Ryan said the proposal was "a far greater improvement over the status quo" and said he was encouraging all senators to vote for the plan. He acknowledged the time crunch of a September 30 deadline means there would not be time to negotiate a bill in a House-Senate conference, and said if the Senate passed it he would ...
https://www.yahoo.com/news/m/faab9bdc-70eb-32db-a186-9db9063f47d3/ss_ryan:-senate-has-'last.html
 
The latest GOP plan to ******* Obamacare has a new twist

Much of the plan is familiar. But the new Cassidy-Graham bill, the latest Republican effort to repeal and replace the Affordable Care Act (ACA), will come with an extra dose of drama and intrigue.

Prior bills to repeal Obamacare, as the ACA is known, went down in flames after the Congressional Budget Office published its official score of the plan—a nonpartisan estimate of how much the bill would cost or save, along with its effect on the number of uninsured Americans and on typical insurance premiums. The Better Care Reconciliation Act, for instance, would have saved the government $321 billion over 10 years, but left 22 million additional people uninsured. The Senate failed to come up with 50 Republicans votes for the measure this summer, and no Democrats supported it.

For the Cassidy-Graham bill, named after Republican Senators Bill Cassidy of Louisiana and Lindsay Graham of South Carolina, senators will have to vote before they even have numbers from the CBO. To pass the measure with a simple majority of 51 votes, the Senate must abide by certain rules and vote by September 30, which is the end of the government’s fiscal year. After that, it will take 60 votes to pass the bill, because the Senate’s filibuster rule will go into effect. There’s no chance the bill will get 60 votes, and the CBO says it can only provide a few rough numbers by Sept. 30. The bill didn’t come out until September 13, and it normally takes the CBO several weeks to complete analysis on complex health legislation. So senators will be voting on a bill without knowing its likely effect on the federal budget or how many people would lose health care coverage underthe bill.

It is fairly clear that, like other GOP repeal-and-replace plans, Cassidy-Graham would cut federal payments to Medicaid and drive up the number of uninsured. It would end most major provisions of Obamacare and replace them with block grants states can use to help cover lower-income residents currently insured under the ACA. But funding under Cassidy-Graham would be less generous than the ACA, so the most important question seems to be whether it would leave even more uninsured than earlier GOP plans, or end up a bit more generous.


The CBO won’t report back until October, so Republican Senators will have to decide whether to vote for a bill with incomplete information and even less public airing than two earlier attempts this year to ******* the ACA. Expect it to go down to the wire like the BCRA did over the summer. The GOP can only afford to lose two votes, and Sen. Rand Paul of Kentucky has already said he’s out. Pressure will intensify on familiar moderates Susan Collins of Maine and Lisa Murkowski of Alaska. And John McCain, whose no vote doomed the BCRA, could turn out to be the do-or-die vote once again—with less information than he had before.
https://www.yahoo.com/finance/news/latest-gop-plan-*******-obamacare-new-twist-212106677.html
 
I do like all your graphics but you seem to cherry pick the facts. You did a really nice rant about the Republicans increase of the Nation debt but it was under Barrack Obama that the National debt went from around 10 trillion to nearly 20 trillion dollars.
 
Prior bills to repeal Obamacare, as the ACA is known, went down in flames after the Congressional Budget Office published its official score of the plan—a nonpartisan estimate of how much the bill would cost or save, along with its effect on the number of uninsured Americans and on typical insurance premiums. The Better Care Reconciliation Act, for instance, would have saved the government $321 billion over 10 years, but left 22 million additional people uninsured. The Senate failed to come up with 50 Republicans votes for the measure this summer, and no Democrats supported it.
You always fail to mention that there is some very big players in the insurance and medical industries that don't want anything to change
 
You always fail to mention that there is some very big players in the insurance and medical industries that don't want anything to change

actually they play very little part in it.... except to buy a congressman.... if congress passed it...it's law...they can either fold or go along...if they fold someone else will take their place...unless you get collusion ...then jail the fuckers!

they are a major part of why it is a problem now...but congress could fix that!....but they like those "speaking" fees!
 
that was designed to protect the consumer from shady banks.....but the banks claim it stifled things..... couldn't do those bad loans and etc that got us into trouble

it had a good intent!....unlike most of what the right tries to push through...what is their intent?

similar to health care ...set up to help most people but the right couldn't stand it
and the clean water act and the...........
Your solution to everything is to blame the right. Unintended consequences? I don't think so. Dodd-Frank was carefully planned. executed and sold. If one of our actuaries grasp the implications you can damn sure bet actuaries in the banking industry grasped it too. Hell it was probably their idea.
 
I do like all your graphics but you seem to cherry pick the facts. You did a really nice rant about the Republicans increase of the Nation debt but it was under Barrack Obama that the National debt went from around 10 trillion to nearly 20 trillion dollars.

the facts are the facts...as for Obama...he tried but working with the party of no gave him no help at all and tried what they could to make him fail...didn't work...butnow you sound like a republican pointing out Obama's deficit.....where do you think Trump's will go.....and yet the right seems to care less.....I know what the projections are and they are not good!...but I don't see the right doing anything to stop any of it...the only time the deficit is a problem/issue..... when a DEM is in there...and so far each time the dems have lowered or brought under control..could have under Obama..... except for that little "pact letter" they all signed.....the economy should have been doing far better by now... but not if they just play party politics!
 
Your solution to everything is to blame the right. Unintended consequences

not intentionall...well I don't think so anyway... but they do only take care of a few....and like I said a while baack...name one thing in the past 30 years the right has done for this country.... you can't ...so where does the blame lie?
don't get me wrong the Dems are not helping a lot either...far from it....but also like I said also they don't intentionally pass laws to hrt the worker/country...as fort Dodd-frank...the intent was/is there... just pissed off the banking industry and they cried
 
I don't know about sleight of hand... all the numbers were good... it is just most didn't see it in their pocket so they wanted change
Not really Quantitative easing artificially propped up the economy by skewing debt. Obama and those before him used the U-3 unemployment figure to gauge economic health. The best indicators is the the U-6 numbers. During Obama' s reign millions of workers were dropped from U-3 because they were no longer looking for work. The U-3 dropped more from people being dropped from it's roll's than people finding good full time jobs. Take a look at the number of people that enrolled in disability while Obama was in office. There wasn't a lot of real job creation there was a lot of making the unemployed disappear.
 
the facts are the facts...as for Obama...he tried but working with the party of no gave him no help at all and tried what they could to make him fail...didn't work...butnow you sound like a republican pointing out Obama's deficit.
If the Republicans are so uncooperative how did Obama manage to double the national debt?
 
not intentionall...well I don't think so anyway... but they do only take care of a few....and like I said a while baack...name one thing in the past 30 years the right has done for this country.... you can't ...so where does the blame lie?

Hell lets go back to about 1900 and move forward. There are a number of racial issues here that probably aren't important to you
Construction of the Panama Canal (1904): Under Republican Teddy Roosevelt, America takes control of the Panama Canal and builds it into one of the most crucial locations in world shipping.

First woman elected to U.S. House of Representatives (1916): "Jeannette Rankin, Republican from Montana, becomes the first woman elected to the U.S. House of Representatives."

Construction of the Hoover Dam (1928): Calvin Coolidge signed a law allowing the construction of the Hoover Dam to begin.

Jessie Owens wins four gold medals in the Olympics (1936): Republican Jessie Owens humiliated Hitler by winning 4 gold medals in the Berlin Olympics. Owens said he "was treated marvelous by everyone. Anything any of the American athletes, including myself, wanted they got for us. My biggest thrill was when the American flag was raised after my victory in the 100 meters." FDR responded to Owens legendary victory by refusing to invite him to the White House, prompting Owens to say, "Hitler didn't snub me – it was FDR who snubbed me. The president didn't even send me a telegram." Truman also ignored Owens, but when Republican Dwight Eisenhower became President, he made him "Ambassador of Sports."

Jackie Robinson becomes the first black American to play in the Major Leagues (1947): Republican Jackie Robinson broke the color barrier in Major League Baseball when the owner of the Brooklyn Dodgers, Republican Branch Rickey, brought him up to the major leagues.

The Interstate Highway System (1956): Republican Dwight Eisenhower begins construction of the Interstate highway system.

Desegregating schools (1957): Dwight Eisenhower "deployed the 82nd Airborne Division to desegregate Little Rock’s government schools over the strenuous resistance of Governor Orval Faubus (D., Ark.)."

The First Asian-American U.S. Senator (1959): The first Asian-American senator, Republican Hiram Fong, is elected in Hawaii.

Civil Rights Act of 1960: "Eisenhower signs the GOP’s 1960 Civil Rights Act after it survived a five-day, five-hour filibuster by 18 Senate Democrats."

The Reagan tax cuts (1981): Republican Ronald Reagan revitalized the listless U.S. economy with tax cuts that created a massive surge of jobs, economic growth, and prosperity.

Collapse of the Soviet Union (1991):
Ronald Reagan's tireless work against the Soviet Union finally paid off as it formally dissolved in 1991, while his former Vice-President, George H.W. Bush was in office.
16) The Gulf War (1991): George H.W. Bush formed a coalition that ****** Saddam Hussein out of Kuwait.

Welfare reform (1996): After Clinton vetoed two previous versions of welfare reform, Republicans sent it back to him a third time and he finally reluctantly agreed to fulfill has campaign promise and sign the bill.

A Republican Congress balances the budget (1998-2001): Republicans in Congress ****** an unenthusiastic Bill Clinton to balance the budget in his second term.

Retaliation in Afghanistan (2001): After the 9/11 attacks, Republican George W. Bush retaliated by driving the Taliban and their allies in Al-Qaeda from power. He then helped establish democracy in the country. Whether the nation will remain a democracy or how the war will be viewed by future generations is still unknown at this point.

Condi Rice becomes Secretary of State (2005): George W. Bush selected Condi Rice to be his Secretary of State. She was the first black woman ever to hold that position.

Democrats to me have been little more than opportunists
 
Go Bernie.... and he is gaining steam!
Obama wrote a very compelling paper about a single payer system before he came to the White House. He quickly figured out it wasn't going to fly so he had the insurance and medical industry help write a bill that they would support
 
He quickly figured out it wasn't going to fly so he had the insurance and medical industry help write a bill that they would support

at first he tried to get everyone involved...even some republicans and all went along for about a month... then all of a sudden all of the republicans wanted nothing to do with it.... at that time there was an article in some paper that showed... Grassley for one had been paid over a million from different Pharma comps... and I'm sure it was the same for the others....doesn't seem to matter any more corruption just runs rampant!

as for Obama I really think his heart and head was in the right place... he just ran into a brick wall....he was the most honest and corrupt free pres we have had in years... and the right sure dug... best they could do was he isn't a citizen?
 
Hell lets go back to about 1900 and move forward. There are a number of racial issues here that probably aren't important to you


now you are pressing pretty hard to try and come up with some kind of accomplishment that the right has done....black sports figure...whom you claim are black...is NOT a republican achievement!

and a lot of the other you are giving credit to...is not quite true!...like the budget Clinton did that... just because you had a republican congress means nothing...hell at the time Gingrich even shut the gov down... didn't do him any good Clinton stuck to his guns.... and eventually Gingrich resigned in shame...hated by his own party~

you are twisting things...in some cases ALOT!


DEMOCRATIC ACCOMPLISHMENTS: HISTORICAL HIGHLIGHTS

• The Democratic Party has a long and cherished history of trying to do the most good for the greatest number of people.
• Social Security
• Medicare, Medicaid, Healthcare Reform, Food Safety
• New Deal, Great Society, Peace Corp, Vista, Job Corp
• Civil Rights, Women’s Right to Vote, Equal Rights, The Voting Rights Act, Equal Pay Act, Motor Voter
• Consumer Protection, FDIC, Banking and Wall Street Regulations, SEC, Federal Reserve System, Anti-trust Legislation
• Funding for Science, Medical and Engineering Research, Space Exploration, NSF, NIH
• Support for Public Education, Head Start, School Lunch and Breakfast Programs
• NLRB, 8 hr. Work Day/40 hr. Work Week, Overtime, Unemployment
• Protection for the Environment, Increased Numbers and Support of National Parks and Wilderness Areas, Endangered Species Act, FEMA
• Veterans’ Benefits, GI Bill
• UN, NATO, Marshall Plan
• Vehicles Safety Requirements, Reduced Emissions, and Fuel Economy Standards (CAFE)
• TVA, Federal Loan Program, PBS, NPR, the Internet
• Economic Growth (Democratic Presidents: Roosevelt through Obama)
 
Military
WW1 Victory(1919) - Woodrow Wilson(D)
WW2 Victory(1945) - Franklin D Roosevelt(D) / Harry S. Truman(D)
GI Bill (1945) - FDR(D)
NATO(1949) - Truman(D)

Foreign Relations
Marshall Plan(1947) - Truman(D)
Peace Corp(1960/61) - John F. Kennedy(D)

Space Exploration
First Manned Moon Mission(1969) - Under Pres. Lyndon B. Johnson(D)
First American to Orbit the Earth(1962) = John Glenn \ Under Pres. JFK(D)
Oldest Person in Space(1998) = Sen. John Glenn(D)\ Under Pres. Bill Clinton(D)

Socio-Economic Programs
40-hour Work Week(1938) - Roosevelt(D)
Minimum Wage Law(1938) - Roosevelt(D)
Overtime(1938)- Roosevelt(D)
Social Security Act(1935) - Roosevelt(D)
Unemployment Compensation(1935) - Roosevelt(D)
Rural Electrification Act(1936) - Roosevelt(D)
Federal Deposit Insurance(1933) - Roosevelt(D)
Federal Home Loan Program(1934) - Rossevelt(D)
Securities & Exchange Act(1934) - Rossevelt(D)

Education
Guaranteed Student Loan Program(1965) - Johnson(D)
School Lunch Program(1946) - Truman(D)
Operation Head Start(1965) - Johnson(D)

Health
Medicare(1965) - Johnson(D)
Medicaid(1965) - Johnson(D)
Family and Medical Leave Act(1993) - Clinton(D)

Civil Rights
Women's Suffrage Amendment
Civil Rights Act(1965) - Johnson(D)
Voting Rights Act (1965) - Johnson(D)
Motor Voter Act(1993) - Clinton(D)

That's a good start
 
If you’re one of those folks who thinks President Obama is a “disappointment,” you haven’t been paying attention the last few years. And those of you who try to draw comparisons with the Bush Administration should put away the hallucinogens and have your memory checked. If you were in a coma for the eight Bush Years, I apologize and forgive you. But please join the real world. So far, this president has done most of what he said he would do if elected; imagine what he could have done by now if progressives had supported him and not given him a Congress that doesn’t look at him as if he’s the demon seed.

Not only is Obama NOT a “disappointment,” he’s pretty much the opposite.



Not only is he NOT a “disappointment,” he’s pretty much the opposite. And no, I don’t just say that because he took out Osama bin Laden, helped Libya determine their own destiny for the first time in a while, and because he seems able to handle international incidents without starting a new war. The guy does nearly everything we elect a president to do, and he doesn’t brag about it constantly.

Is he perfect? No, he’s human. Does he deserve some criticism? I suppose, but I must admit I haven’t seen any complaints that were of based on anything having to do with the real world. One I can’t forgive him for is pulling Janet Napolitano out of Arizona. But the thing is, on balance, he’s mostly stellar. Besides, criticism about certain specific problems is one thing; taking on an overall “Obama sucks” meme not only has the potential to put Willard Romney into power, it’s also a lie. Just because you wanted a president who would give you a glitter-farting unicorn and didn’t quite get that doesn’t mean he’s not doing well at the job we hired him for.

What follows is a PARTIAL list of Obama’s accomplishments so far. Unlike many such lists, there is a link to a citation supporting every single one.

Legislative Prowess.

Despite the characterizations of some, Obama’s success rate in winning congressional votes on issues was an unprecedented 96.7% for his first year in office. Though he is often cited as superior to Obama, President Lyndon Johnson’s success rate in 1965 was only 93%. http://n.pr/i3d7cY

Fiscal Responsibility.

Within days after taking office, Obama signed an Executive Order ordering an audit of government contracts, and combating waste and abuse. http://1.usa.gov/dUvbu5

Created the post of Chief Performance Officer, whose job it is to make operations more efficient to save the federal government money. http://n.pr/hcgBn1

On his first full day, he froze White House salaries. http://on.msnbc.com/ewJUIx

He appointed the first Federal Chief Information Officer to oversee federal IT spending. http://www.cio.gov

He committed to phasing out unnecessary and outdated weapons systems, and also signed the Weapons Systems Acquisition Reform Act to stop waste, fraud and abuse in the defense procurement and contracting system. http://bit.ly/hOw1t1 http://bit.ly/fz8GAd

Through an executive order, he created the National Commission on Fiscal Responsibility and Reform. http://bit.ly/hwKhKa

Improving the Economy, Preventing Depression.

Obama pushed through and signed the American Recovery and Reinvestment Act, otherwise known as “the stimulus package,” despite the fact that not one Republican voted for that bill. In addition, he launched recovery.gov, so that taxpayers could track spending from the Act. http://1.usa.gov/ibiFSs http://1.usa.gov/e3BJMk

In his first year, the American Recovery and Reinvestment Act created and sustained 2.1 million jobs and stimulated the economy 3.5%. http://reut.rs/i46CEE

Obama completed the massive TARP financial and banking rescue plan, and recovered virtually all of its costs. http://1.usa.gov/eA5jVS http://bit.ly/eCNrD6

He created the Making Home Affordable home refinancing plan. http://1.usa.gov/goy6zl

Obama oversaw the creation of more jobs in 2010 alone than Bush did in eight years. http://bit.ly/hrrnjY

He oversaw a bailout of General Motors that saved at least 1.4 million jobs, and put pressure on the company to change its practices, resulting in GM returning to its place as the top car company in the world. http://lat.ms/zIJuQx

Obama also doubled funding for the Manufacturing Extension Partnership which is designed to improve manufacturing efficiency. http://bit.ly/eYD4nf

He signed the Fraud Enforcement and Recovery Act giving the federal government more tools to investigate and prosecute fraud in every corner of the financial system. It also created a bipartisan Financial Crisis Inquiry Commission to investigate the financial fraud that led to the economic meltdown. http://abcn.ws/g18Fe7

Obama signed the Credit Card Accountability, Responsibility and Disclosure (CARD) Act, which was designed to protect consumers from unfair and deceptive credit card practices. http://1.usa.gov/gIaNcS

He increased infrastructure spending after years of neglect. http://bit.ly/f77aOw

Obama signed the Helping Families Save Their Homes Act, expanding on the Making Home Affordable Program to help millions of Americans avoid preventable foreclosures. The bill also provided $2.2 billion to help combat homelessness, and to stabilize the housing market. http://bit.ly/eEpLFn

Through the Worker, Home Ownership, and Business Assistance Act of 2009, Obama and Congressional Democrats provided tax credits to first-time home buyers, which helped the U.S. housing market recovery. http://bit.ly/dZgXXw http://bit.ly/gORYfL

He initiated a $15 billion plan designed to encourage increased lending to small businesses.
http://1.usa.gov/eu0u0b

Obama created business.gov, which allows for online collaboration between small businesses and experts re managing a business. (The program has since merged with SBA.gov.) http://www.business.gov

He played a lead role in getting the G-20 Summit to commit to a $1.1 trillion deal to combat the global financial crisis. http://nyti.ms/gHlgp5

Obama took steps to improve minority access to capital. http://bit.ly/f9xVE7

He created a $60 billion bank to fund infrastructure improvements such as roads and bridges. http://bit.ly/e1SSaQ

He implemented an auto industry rescue plan, and saved as many as 1 million jobs. http://bit.ly/ibhpxr Many are of the opinion that he saved the entire auto industry, and even the economy of the entire Midwest. http://bit.ly/gj7mt5

Through the American Recovery and Reinvestment Act, Obama saved at least 300,000 education jobs, such as teachers, principals, librarians, and counselors that would have otherwise been lost. http://1.usa.gov/ez30Dc

Obama dismantled the Minerals Management Service, thereby moving forward to cut ties between energy companies and the government. http://nyti.ms/bw1MLu

He provided funding to states and the Department of Homeland Security to save thousands of police and firefighter jobs from being cut during the recession. http://bit.ly/g0IKWR

He used recovered TARP money to fund programs at local housing finance agencies in California, Florida, Nevada, Arizona and Michigan. http://on.msnbc.com/i1i8eV

Obama crafted an Executive order establishing the President’s Advisory Council on Financial Capability to assist in financial education for all Americans. http://bit.ly/eyqsNE

Wall Street Reforms and Consumer Protection.

Obama ordered 65 executives who took bailout money to cut their own pay until they paid back all bailout money. http://huff.to/eAi9Qq

He pushed through and got passed Dodd-Frank, one of the largest and most comprehensive Wall Street reforms since the Great Depression. http://bit.ly/hWCPg0 http://bit.ly/geHpcD

Dodd-Frank also included the creation of the Consumer Financial Protection Bureau http://1.usa.gov/j5onG

Obama made it so that banks could no longer use YOUR money to invest in high-risk financial instruments that work against their own customers’ interests. http://bit.ly/fnTayj

He supported the concept of allowing stockholders to vote on executive compensation. http://bit.ly/fnTayj

Obama wholly endorsed and supported the Foreign Account Tax Compliance Act of 2009 that would close offshore tax avoidance loopholes. http://bit.ly/esOdfB http://bit.ly/eG4DPM

He made a deal with Swiss banks that permits the US government to gain access to the records of criminals and tax evaders. http://bit.ly/htfDgw

He established a Consumer Protection Financial Bureau designed to protect consumers from financial sector excesses. http://bit.ly/fnTayj

Obama oversaw and then signed the most sweeping food safety legislation since the Great Depression. http://thedc.com/gxkCtP

Civil Rights and Anti-Discrimination.

Obama advocated for and signed the Matthew Shepard and James Byrd, Jr. Hate Crimes Prevention Act, which made it a federal crime to assault anyone based on his or her sexual orientation or gender identity. http://bit.ly/gsMSJ7

He pushed through, signed and demanded the Pentagon enact a repeal of the discriminatory “Don’t Ask Don’t Tell” policy that ****** soldiers to lie to fight for their country, and put our troops at risk by disqualifying many qualified soldiers from helping. http://bit.ly/fdahuH http://bit.ly/mZV4Pz

Obama appointed Kareem Dale as the first ever Special Assistant to the President for Disability Policy. http://1.usa.gov/fi5IY0

Helped Congress pass and signed the Civil Rights History Act. http://bit.ly/th0JC8

He extended benefits to same-sex partners of federal employees. http://1.usa.gov/g2RLCj

Obama has appointed more openly gay officials than anyone in history. http://bit.ly/g1lA7D

He issued a Presidential Memorandum reaffirming the rights of gay couples to make medical decisions for each other. http://1.usa.gov/aUueGT

He established a White House Council on Women and Girls http://1.usa.gov/rFfqMM

He signed the Lilly Ledbetter Fair Pay Act, restoring basic protections against pay discrimination for women and other workers. This was after the GOP blocked the bill in 2007. Only 5 Republican Senators voted for the bill. http://bit.ly/fT3Cxg

Obama wrote and signed an Executive Order establishing a White House Council on Women and Girls to ensure that all Cabinet and Cabinet-level agencies evaluate the effect of their policies and programs on women and families. http://bit.ly/e1puTk

He expanded funding for the Violence Against Women Act. http://1.usa.gov/dSbI0x

Under Obama’s watch, National Labor Relations Board has issued final rules that require all employers to prominently post employees’ rights where all employees or prospective employees can see it, including websites and intranets, beginning November 2011. http://1.usa.gov/qu2EhQ

Fighting Poverty.

Obama provided a $20 billion increase for the Supplemental Nutrition Assistance Program (Food Stamps). http://nyti.ms/gfLqyM

He signed an Executive Order that established the White House Office of Urban Affairs. http://wapo.st/eWECA8

Improved Foreign Relations and American Status Abroad.

Obama visited more countries and met with more world leaders than any previous president during his first six months in office. http://bit.ly/hZycda

As he promised, he gave a speech at a major Islamic forum in Cairo early in his administration. http://nyti.ms/dKvY4g

He did much to restore America’s reputation around the world as a global leader that does the “right thing” in world affairs, at least according to the rest of the planet. http://bit.ly/h743y7 http://bit.ly/ho4TCr

He re-established and reinforced our partnership with NATO and other allies on strategic international issues. http://1.usa.gov/e7QuDj

Closed a number of secret detention facilities. http://nyti.ms/rpUc9l

Obama improved relations with Middle East countries by appointing special envoys. http://1.usa.gov/tiGAGe

He pushed for military to emphasize development of foreign language skills. http://bit.ly/AxUCLV

Offered $400 million to the people living in Gaza, called on both Israel and the Palestinians to stop inciting violence. http://bit.ly/9axfWh

He refused to give Israel the green light to attack Iran over their possible nuclear program. http://bit.ly/xVmSZK

He worked to make donations to Haiti tax-deductible in 2009. http://huff.to/6YkAVY

He established a new U.S.-China Strategic and Economic Dialogue. http://1.usa.gov/eX28DP

Issued Executive Order blocking interference and helping to stabilize Somalia. http://1.usa.gov/hxdf8U

He established new, more reasonable policies in our relations with Cuba, such as allowing Cuban-Americans to visit their families and send money to support them. http://n.pr/hY3Kwa http://nyti.ms/emQBde

He ordered the closure of the prison at Guantanamo Bay. It was Republicans (and a smattering of Democrats) who prevented him from following through. http://bit.ly/eW6CVF

Obama ordered a review of our detention and interrogation policy, and prohibited the use of *******, or what Bush called “enhanced interrogation.” He ordered interrogators to limit their actions to the Army Field manual. http://bit.ly/g6MTuC

He ordered all secret detention facilities in Eastern Europe and elsewhere to be closed. http://bbc.in/h6N9ax

He released the Bush ******* memos. http://bit.ly/hWJ5z0

On his second day in office, he signed a detailed Executive Order that banned *******, reversed all Bush ******* policies, and put the United States in compliance with the Geneva Convention. http://1.usa.gov/dL6Zve http://nyti.ms/hzWWys

In response to the emerging “Arab Spring,” he created a Rapid Response fund, to assist emerging democracies with foreign aid, debt relief, technical assistance and investment packages in order to show that the United States stands with them. http://bit.ly/zfmGv9

Passed the Iran Sanctions Act, to prevent war, and to encourage Iran to give up their nuclear program. http://1.usa.gov/wLtNjb

Ended the Iraq War. http://tgr.ph/ru0tyS

He authorized and oversaw a secret mission by SEAL Team Six to rescue two hostages held by Somali pirates. http://bit.ly/y8c9Fz

Better Approach to “Defense.”

Obama created a comprehensive new strategy for dealing with the international nuclear threat. http://1.usa.gov/gDX1nE

He authorized a $1.4 billion reduction in Star Wars program in 2010. http://1.usa.gov/gLFZl2

He restarted nuclear nonproliferation talks and built up the nuclear inspection infrastructure/protocols to where they had been before Bush. http://lat.ms/gkcl3i

He signed and pushed to ratification a new SALT Treaty. http://bit.ly/f3JVtw

Negotiated and signed a new START Treaty that will last until at least 2021. http://1.usa.gov/cI1bC4

Through the Defense Authorization Act, he reversed the Bush Administration and committed to no permanent military bases in Iraq. http://bit.ly/hk73OJ

He developed the first comprehensive strategy with regard to Afghanistan and Pakistan designed to facilitate the defeat of al Qaeda and the withdrawal of most troops, as well as the rebuilding of Afghanistan. http://wapo.st/ee4Xcs

He returned our focus to Afghanistan, stabilized the country, and began the process of withdrawing our troops. http://bit.ly/lNXUna

Fulfilled campaign promise and ended our involvement in Iraq, and will complete full troop withdrawal before Christmas 2011. http://onforb.es/nTUk4Z

He took steps to severely weaken al Qaeda and limited their ability to terrorize the world. http://yhoo.it/n5lXs6

He negotiated and signed a nuclear nonproliferation treaty with India. http://1.usa.gov/aHp0Cn

He took decisive action to use NATO to limit the slaughter of innocents in Libya, so that the Libyan people could topple a despotic government and determine their own fate. http://aje.me/qAh4Sj

Treating Soldiers and Veterans with Respect

He made sure that families of fallen soldiers could be on hand when the body arrives at Dover AFB, by providing funding for it. He also ended the media blackout on coverage of the return of fallen soldiers.http://nyti.ms/glqN66 http://bbc.in/gWSSkA

He funded Department of Veterans Affairs (VA) with an extra $1.4 billion to improve veterans’ services. http://1.usa.gov/huhqfo

He provided the troops with better body armor. http://bit.ly/hzSv2h

Created the Joint Virtual Lifetime Electronic Record program for military personnel, in order to improve the quality of their medical care. http://1.usa.gov/f4yaxW

He put an end to the Bush-era stop-loss policy that kept soldiers in Iraq/Afghanistan beyond their enlistment date. (personal note: my ******* will be in harm’s way for six fewer months with Obama as president, so you know I love this one). http://nyti.ms/e2YQ7Q

He supported and signed the Veterans Health Care Budget Reform and Transparency Act, which made more money available to enable better medical care for veterans. http://1.usa.gov/fN4ur1

He ushered through the largest spending increase in 30 years for the Department of Veterans Affairs for improved medical facilities, and to assist states in acquiring or constructing state nursing homes and extended care facilities. http://1.usa.gov/gY8O3x

He created the Green Vet Initiative, which provided special funding to the Labor Department to provide veterans with training in green jobs. http://bit.ly/epwUQY

He oversaw a $4.6 billion expansion of the Veterans Administration budget to pay for more mental health professionals. http://bit.ly/gjzTxX

Education.

He has repeatedly increased funding for student financial aid, and at the same time cut the banks completely out of the process. http://bit.ly/gYWd30 http://bit.ly/e9c7Dr http://bit.ly/eEzTNq

Completely reformed the student loan program, to make it possible for students to refinance at a lower rate. http://nyti.ms/dMvHOt

Through the American Recovery and Reinvestment Act , he invested heavily in elementary, secondary and post-secondary education. http://1.usa.gov/gGRIAr This includes a major expansion of broadband availability in K-12 schools nationwide http://bit.ly/fNDcj3 , as well as an expansion in school construction. http://bit.ly/fYwNrV

Also through the American Recovery and Reinvestment Act, he put $5 billion into early education, including Head Start. http://1.usa.gov/tzT2Rr

Signed the Post-9/11 GI Bill, also known as GI Bill 2.0 http://bit.ly/hPhG7J

He oversaw expansion of the Pell Grants program, to expand opportunity for low-income students to go to college. http://bit.ly/hI6tXz

He passed the Individuals with Disabilities Education Act, which provided an extra $12.2 billion in funds. http://1.usa.gov/dQvtUe

Greater Transparency and Better Government.

He signed an order banning gifts from lobbyists to anyone in the Executive Branch. http://bit.ly/fsBACN

He signed an order banning anyone from working in an agency they had lobbied in previous years. He also put strict limits on lobbyists’ access to the White House. http://nyti.ms/gOrznV

He held the first-ever first online town hall from the White House, and took questions from the public. http://bit.ly/gVNSgX

The Obama White House became the first to stream every White House event, live. http://1.usa.gov/kAgOP5

He established a central portal for Americans to find service opportunities. http://www.serve.gov

He provided the first voluntary disclosure of the White House Visitors Log in history. http://1.usa.gov/hQ7ttV

He crafted an Executive Order on Presidential Records, which restored the 30-day time frame for former presidents to review records, and eliminated the right for the vice president or family members of former presidents to do the reviews. This will provide the public with greater access to historic White House documents, and severely curtails the ability to use executive privilege to shield them.
http://1.usa.gov/gUetLb

He improved aspects of the Freedom of Information Act, and issued new guidelines to make FOIA more open and transparent in the processing of FOIA requests. http://1.usa.gov/gjrnp2

National Safety and Security.

He’s restored federal agencies such as FEMA to the point that they have been able to manage a huge number of natural disasters successfully. http://bit.ly/h8Xj7z

Authorized Navy SEALS to successfully secure the release of a US captain held by Somali pirates and increased patrols off the Somali coast. http://nyti.ms/efBO7B

Has repeatedly beefed up border security http://bit.ly/mMYB4i

Ordered and oversaw the Navy SEALS operation that killed Osama bin Laden. http://bit.ly/jChpgw

Science, Technology and Health Care.

He created a Presidential Memorandum to restore scientific integrity in government decision-making.
http://1.usa.gov/g2SDuw

Opened up the process for fast-tracking patent approval for green energy projects. http://bit.ly/j0KV2U

He eliminated the Bush-era restrictions on embryonic stem cell research. He also provided increased federal support for biomedical and stem cell research. http://bit.ly/h36SSO http://ti.me/edezge

Through the American Recovery and Reinvestment Act, he committed more federal funding, about $18 billion, to support non-defense science and research labs. http://nyti.ms/fTs9t7

He signed the Christopher and Dana Reeve Paralysis Act, the first comprehensive attempt to improve the lives of Americans living with paralysis. http://bit.ly/fOi2rb

He expanded the Nurse-Family Partnership program, which provides home visits by trained registered nurses to low-income expectant mothers and their families, to cover more first-time mothers. http://bit.ly/jRRRJc

His EPA reversed research ethics standards which allowed humans to be used as “guinea pigs” in tests of the effects of chemicals, to comply with numerous codes of medical ethics. http://bit.ly/bKgqdS

Conducted a cyberspace policy review. http://1.usa.gov/gmbdvC

Provided financial support for private sector space programs. http://bit.ly/fn8ucr

He oversaw enhanced earth mapping, to provide valuable data for agricultural, educational, scientific, and government use. http://bit.ly/dNTRyP

He ushered through a bill that authorized the Food and ******* Administration to regulate tobacco products. http://on.msnbc.com/fiKViB As a result, the FDA has Ordered Tobacco Companies to Disclose Cigarette Ingredients and banned sale of cigarettes falsely labeled as “light.”

Through the American Recovery and Reinvestment Act, he provided $500 million for Health Professions Training Programs. http://bit.ly/ecQSgA

He also increased funding for community-based prevention programs. http://bit.ly/frMPG3

He oversaw a 50% decrease in cost of prescription ******* for seniors. http://bit.ly/e5b1iq http://1.usa.gov/fVNkt9

He eliminated the Bush-era practice of forbidding Medicare from negotiating with ******* companies on price. http://bit.ly/fOkG5b

Two weeks after taking office, he signed the Children’s Health Insurance Re-authorization Act, which increased the number of children covered by health insurance by 4 million. http://bit.ly/fDEzGv

He held a quick press conference, and urged Congress to investigate Anthem Blue Cross for raising premiums 39% without explanation. Rep. Waxman responded by launching a probe, and Anthem Blue Cross put the increase on hold for two months. http://yhoo.it/e8Tj9C

Ushered through and signed the Affordable Health Care Act, which expanded health insurance coverage to 30 million more people, and ended many common insurance company practices that are often detrimental to those with coverage. He also established http://www.healthcare.gov/

Through the Affordable Health Care Act, he allowed children to be covered under their parents’ policy until they turned 26. http://nyti.ms/fNB26V

Through the Affordable Health Care Act, he provided tax breaks to allow 3.5 million small business to provide health insurance to their employees, and 29 million people will receive tax breaks to help them afford health insurance. http://nyti.ms/fNB26V

Through the Affordable Health Care Act, he expanded Medicaid to those making up to 133% of the federal poverty level. http://nyti.ms/ekMWpo

Through the Affordable Health Care Act, health insurance companies now have to disclose how much of your premium actually goes to pay for patient care. http://nyti.ms/fNB26V

Provisions in Obama’s Affordable Health Care Act have already resulted in Medicare costs actually declining slightly this fiscal year, for the first time in many years, according to the Congressional Budget Office. Last year’s increase was 4%. Compare that to the average 12% annual inflation rate during the previous 40 years. http://1.usa.gov/oMxpTh

Strengthening the Middle Class and Families

Obama worked to provide affordable, high-quality baby care to working families. http://bit.ly/fNfidS

He cracked down on companies that were previously denying sick pay, vacation and health insurance, and Social Security and Medicare tax payments through abuse of the employee classification of independent contractor. http://nyti.ms/fOGLcj

Through the American Recovery and Reinvestment Act , he cut taxes for 95% of America’s working families. http://bit.ly/eSEI4F

Under Obama, tax rates for average working families are the lowest they’ve been since 1950. http://bit.ly/f74pD8

He extended and fully funded the patch for the Alternative Minimum Tax for 10 years. http://bit.ly/eFeSdP

He extended discounted COBRA health coverage for the unemployed from 9 months to 15 months, and he’s extended unemployment benefits several times. http://aol.it/evtVxD http://nyti.ms/emrqKJ http://bit.ly/hOtIpg http://bit.ly/fTT7kz

Environment and Energy.

He fast-tracked regulations to allow states to enact federal fuel efficiency standards that were above federal standards. http://nyti.ms/e8e94x

He fast-tracked increased fuel economy standards for vehicles beginning with the 2011 model year. It was the first time such standards had been increased in a decade. http://politi.co/hiaPKM

He oversaw the establishment of an Energy Partnership for the Americas, which creates more markets for American-made biofuels and green energy technologies. http://bit.ly/lZp73y

His EPA reversed a Bush-era decision to allow the largest mountaintop removal project in US history. http://bit.ly/lP3yEL

He ordered the Department of Energy to implement more aggressive efficiency standards for common household appliances. http://1.usa.gov/g3MTbu

He ordered energy plants to prepare to produce at least 15% of all energy through renewable resources like wind and solar, by 2021. http://reut.rs/fV155p (As you can see, Republicans are trying hard to ******* it.)

He oversaw the creation of an initiative that converts old factories and manufacturing centers into new clean technology centers. http://bit.ly/mjnq2R

Obama bypassed Republican opposition in Congress and ordered EPA to begin regulating and measuring carbon emissions. http://bit.ly/froaP5

His EPA ruled that CO2 is a pollutant. http://bit.ly/iQTSNN

He doubled federal spending on clean energy research. http://bit.ly/iN0sCE

He pushed through a tax credit to help people buy plug-in hybrid cars. http://bit.ly/j8UP5Y

He created a program to develop renewable energy projects on the waters of our Outer Continental Shelf that will produce electricity from wind, wave, and ocean currents. http://1.usa.gov/fgfRWq

Obama reengaged in the climate change and greenhouse gas emissions agreements talks, and even proposed one himself. He also addressed the U.N. Climate Change Conference, officially reversing the Bush-era stance that climate change was a “hoax.” http://bit.ly/dX6Vj3 http://bit.ly/fE2PxK http://nyti.ms/hfeqvv

He fully supported the initial phase of the creation of a legally binding treaty to reduce mercury emissions worldwide. http://bit.ly/eJ6QOO

He required states to provide incentives to utilities to reduce their energy consumption. http://bit.ly/lBhk7P

Following Bush’s eight year reign, he reengaged in a number of treaties and agreements designed to protect the Antarctic. http://bit.ly/fzQUFO

Created tax write-offs for purchases of hybrid automobiles, and later he and Democrats morphed that program into one that includes electric cars. http://bit.ly/glCukV

Mandated that federal government fleet purchases be for fuel-efficient American vehicles, and encouraged that federal agencies support experimental, fuel-efficient vehicles. http://bit.ly/h5KZqy http://1.usa.gov/fLWq5c http://1.usa.gov/hmUSbk

Obama oversaw and pushed through an amendment to the Oil Pollution Act of 1990 authorizing advances from Oil Spill Liability Trust Fund for the Deepwater Horizon oil spill. http://1.usa.gov/yTRYVo

He also actively tried to amend the Oil Pollution Act of 1990 to eliminate the liability limits for those companies responsible for large oil spills. http://nyti.ms/bxjDi3

He initiated Criminal and Civil inquiries into the Deepwater Horizon oil spill. http://nyti.ms/bVuB7a

Through Obama’s EPA, he asserted federal legal supremacy, and barred Texas from authorizing new refinery permits on its own. http://bit.ly/ww8eMd

He strengthened the Endangered Species Act. http://bit.ly/hscjsH

His EPA improved boiler safety standards to improve air quality, and save 6500 lives per year. http://bit.ly/jYH7nt

Through the EPA, he took steps to severely limit the use of antibiotics in livestock feed, to increase their efficacy in humans. http://bit.ly/fBuWd2

Obama increased funding for National Parks and Forests by 10% http://bit.ly/fbJPjY

He announced greatly improved commercial fuel efficiency standards. http://1.usa.gov/oQiC1K

He announced the development of a huge increase in average fuel economy standards from 27.5mpg to 35.5mpg starting in 2016 and 54.5 starting in 2025 http://1.usa.gov/qtghsW

Other Stuff.

Obama has expanded trade agreements to include stricter labor and environmental agreements such as NAFTA. http://bit.ly/etznpY

He oversaw funding of the design of a new Smithsonian National Museum of African-American History, which is scheduled to open on the National Mall in 2015. He protected the funding during the recent budget negotiations. http://on.fb.me/fD0EVO http://bit.ly/ff5Luv

Oversaw and passed increased funding for the National Endowment for the Arts. http://bit.ly/dFb8qF

Obama nominated Sonia Sotomayor and Elena Kagan to the Supreme Court. Sotomayor is the first Hispanic Justice in the court’s history, and the women represent only the third and fourth women to serve on the court, out of a total of 112 justices. http://huff.to/eOChg6 http://bit.ly/i02wgP

He appointed the most diverse Cabinet in history, including more women than any other incoming president. http://bit.ly/dX6vNB

He eliminated federal funding for abstinence-only education, and he rescinded the global gag rule. http://bit.ly/eCFAI1 http://bit.ly/f92drF

Obama loosened the rules and allowed the 14 states that legalized medical marijuana to regulate themselves without federal interference. http://huff.to/eQfa7j

His FDA banned the use of antibiotics in livestock production. http://bit.ly/jUjLzo

Obama ushered through and signed national service legislation, increasing funding for national service groups, including triple the size of the Americorps program. http://bit.ly/idgQH5

Republished with permission from PleaseCutTheCrap.typepad.com

Read the original article at http://pleasecutthecrap.typepad.com/main/what-has-obama-done-since-january-20-2009.html



now if you think Obama did nothing....you are either living in a republican shielded shell of some kind...or you are like the trumpies....he didn't do anything for ME!
 
Obama on Jobs!

How many net jobs has the economy created during Barack Obama’s presidency, and how many did it create during George W. Bush’s tenure? Notice first that I wrote “has the economy created” rather than “did Obama create/did Bush create.” I think it’s a better description of reality.
I also should note that I just measured the numbers under each president—I gave Bush the numbers from January 2001 to December 2008, and Obama the numbers from January 2009 to the present, with the following asterisk. January 2009 was when Obama became president, but he didn’t start until the 20th, of course. That was a particularly awful month, with 798,000 jobs lost. So I think it’s reasonable to give Bush, whose policies helped cause the meltdown anyway, two-thirds of that 798,000. (January 2001, by the way, was a tiny number, 30,000 jobs lost, but just to be consistent, I assigned only 10,000 of those to Bush.)
Here are Bush’s numbers: It’s 8.657 million jobs gained, and 7.121 million jobs lost, for a net job-creation number of 1.536 million. Pathetic. It’s interesting to look back over the numbers from 2001. The economy stank. The month of 9/11, we lost 242,000 jobs. Want to ascribe that just to the attacks? In August, we’d lost 158,000. The decent Bush years were 2004, 2005, 2006, and part of 2007, but even then the numbers were hoppy and inconsistent: 307,000 jobs added in May 2004 and just 74,000 in June, for instance.
And what about Obama’s numbers? I’d betting that even if you’re an Obama partisan, you think they’re not all that different from Bush’s. After all, 2009 was miserable: minus 798,000, minus 701,000, minus 826,000, and so on. The numbers went into the black in early 2010, but dipped back into the red in the summer. But remember, since October 2010, every report has been positive—the now 45 straight months of job growth that the president and his team, to little avail, crow about.
But they’ve added up, because under Obama, the economy has added 9.425 million jobs and lost 4.887, for a net gain of 4.538 million jobs. That’s a 3 million advantage over Bush. Now, 6.5 million jobs doesn’t put Obama up there in Clinton (22 million) and Reagan (around 16 million) territory. But remember—he has 30 months to go yet. Let’s say we average a gain of 250,000 a month the rest of the way. That’s another 7.5 million. And that would edge him up toward Reagan territory. And that seems conservative, if anything. If the recovery gets genuinely humming, we could start seeing months between 300,000 and 400,000 next year. It seems unlikely to happen, but God would it be hilarious if Obama, with everything the Republicans in Congress have done to keep the economy in a state of contraction, ended up surpassing Reagan.
[UPDATE: I rechecked my math this morning, and it's a good thing I did. I had originally given Obama nearly 2 million more jobs created than the actual numbers reflect. Obviously, I want to be accurate here. I added and re-added these three times.]
But all that’s speculative. After all, there could be a recession coming, too, though most experts don’t seem to fear that much. So let’s just talk about the up to now, the 6.5 million net jobs. As I said before, I bet you didn’t know that. Why?
Two main reasons. One, the administration doesn’t go a great job of trumpeting it, and I think for good reason. Officials may feel constrained from doing too much boasting because a lot of people’s perception and experience is still worse than that. A lot of these aren’t great jobs, and the economy is still only doing real well for the top 5 or 10 percent.
The second reason is that figures on the broad left simply aren’t superficial cheerleaders. The two men who are probably the most influential economic voices on the left, Paul Krugman and Robert Reich, have both been pretty harsh critics of the administration’s economic policies, as have other liberal economists. They, and less well-known but still prominent people such as Dean Baker, look at the numbers and report the truth as they see it. Democratic politicians are cheerleaders in varying degree—there’s Debbie Wasserman Schultz on the rah-rah end, but most Democrats don’t brag too much for the same reason the White House doesn’t.
And the media voices on the left—the folks on MSNBC, say—try to accentuate the positive in political terms, but they don’t ignore the bad news by any stretch of the imagination. MSNBC talks a lot about obstreperous Republicans, a theme to which I certainly contribute on air, but the network also offers a consistent diet of news features on and interviews with people stuck in the dead-end economy and having a hard time of it, segments that usually demand the government do more.
Now, imagine that a Republican president produced 45 straight months of job growth coming off the worst financial crisis since the Depression. Lord, we’d never hear the end of it from Fox and Limbaugh and even from CNBC. They wouldn’t care about the reality that a lot of the jobs are low wage. They’d just trumpet the bottom-line numbers as evidence of their president’s Churchillian greatness.
That’s how they are, and nothing’s going to change them. The important question now, as I said up top, is whether we’re really turning the psychic corner. Corporations have been hoarding record profits, banks still aren’t lending they way they should be, businesses have been skittish about large-scale hiring. It’s a big game of economic chicken, and it certainly has a political element. Most of these corporate titans and bankers and business leaders are Republicans. I don’t think most of them would intentionally hold the economy back because they don’t like the president, but I do think they take their cues from elected Republicans more than from Obama. When the Republicans stand up and say repeatedly that the president’s policies are failing, failing, failing, these private-sector titans hear them, and it influences what they do.
It may be that we’re finally working our way through all that. Happy days aren’t yet here again, but, once again, Democrats, the alleged socialists, are saving capitalism from the supposed lovers of capitalism who almost destroyed it.
http://www.thedailybeast.com/articl...-know-obama-has-created-6-5-million-jobs.html

Obama Outperforms Reagan On Jobs, Growth And Investing
The Bureau of Labor Statistics (BLS) today issued America’s latest jobs report covering August. And it’s a disappointment. The economy created an additional 142,000 jobs last month. After six consecutive months over 200,000, most pundits expected the string to continue, including ADP which just yesterday said 204,000 jobs were created in August.
One month variation does not change a trend
Even though the plus-200,000 monthly string was broken (unless revised upward at a future date,) unemployment did continue to decline and is now reported at only 6.1%. Jobless claims were just over 300,000; lowest since 2007. Despite the lower than expected August jobs number, America will create about 2.5 million new jobs in 2014.
And that is great news.
Back in May, 2013 (15 months ago) the Dow was out of its recession doldrums and hitting new highs. I asked readers if Obama could, economically, be the best modern President? Through discussion of that question, the number one issue raised by readers was whether the stock market was a good economic barometer for judging “best.” Many complained that the measure they were watching was jobs – and that too many people were still looking for work.
To put this week’s jobs report in economic perspective I reached out to Bob Deitrick, CEO of Polaris Financial Partners and author of Bulls, Bears and the Ballot Box (which I profiled in October, 2012 just before the election) for some explanation. Since then Polaris’ investor newsletters have consistently been the best predictor of economic performance. Better than all the major investment houses.
This is the best private sector jobs creation performance in American history
Back in May, 2013 (15 months ago) the Dow was out of its recession doldrums and hitting new highs. I asked readers if Obama could, economically, be the best modern President? Through discussion of that question, the number one issue raised by readers was whether the stock market was a good economic barometer for judging “best.” Many complained that the measure they were watching was jobs – and that too many people were still looking for work.
To put this week’s jobs report in economic perspective I reached out to Bob Deitrick, CEO of Polaris Financial Partners and author of Bulls, Bears and the Ballot Box (which I profiled in October, 2012 just before the election) for some explanation. Since then Polaris’ investor newsletters have consistently been the best predictor of economic performance. Better than all the major investment houses.
”President Reagan has long been considered the best modern economic President. So we compared his performance dealing with the oil-induced recession of the 1980s with that of President Obama and his performance during this ‘Great Recession.’
“As this unemployment chart shows, President Obama’s job creation kept unemployment from peaking at as high a level as President Reagan, and promoted people into the workforce faster than President Reagan.
“President Obama has achieved a 6.1% unemployment rate in his sixth year, fully one year faster than President Reagan did. At this point in his presidency, President Reagan was still struggling with 7.1% unemployment, and he did not reach into the mid-low 6% range for another full year. So, despite today’s number, the Obama administration has still done considerably better at job creating and reducing unemployment than did the Reagan administration.
“We forecast unemployment will fall to around 5.4% by summer, 2015. A rate President Reagan was unable to achieve during his two terms.”
What about the Labor Participation Rate?
Much has been made about the poor results of the labor participation rate, which has shown more stubborn recalcitrance as this rate remains higher even as jobs have grown.
oo1 pic
“The labor participation rate adds in jobless part time workers and those in marginal work situations with those seeking full time work. This is not a “hidden” unemployment. It is a measure tracked since 1900 and called ‘U6.’ today by the BLS.
“As this chart shows, the difference between reported unemployment and all unemployment – including those on the fringe of the workforce – has remained pretty constant since 1994.
002 pic

Labor participation is affected much less by short-term job creation, and much more by long-term demographic trends. As this chart from the BLS shows, as the Baby Boomers entered the workforce and societal acceptance of women working changed, labor participation grew.
“Now that ‘Boomers’ are retiring we are seeing the percentage of those seeking employment decline. This has nothing to do with job availability, and everything to do with a highly predictable aging demographic.
“What’s now clear is that the Obama administration policies have outperformed the Reagan administration policies for job creation and unemployment reduction. Even though Reagan had the benefit of a growing Boomer class to ignite economic growth, while Obama has been ****** to deal with a retiring workforce developing special needs. During the eight years preceding Obama there was a net reduction in jobs in America. We now are rapidly moving toward higher, sustainable jobs growth.”
Economic growth, including manufacturing, is driving jobs
When President Obama took office America was gripped in an offshoring boom, started years earlier, pushing jobs to the developing world. Manufacturing was declining in America, and plants were closing across the nation.
This week the Institute for Supply Management (ISM) released its manufacturing report, and it surprised nearly everyone. The latest Purchasing Managers Index (PMI) scored 59, two points higher than July and about that much higher than prognosticators expected. This represents 63 straight months of economic expansion, and 25 consecutive months of manufacturing expansion.
New orders were up 3.3 points to 66.7, with 15 consecutive months of improvement and reaching the highest level since April, 2004 – five years prior to Obama becoming President. Not surprisingly, this economic growth provided for 14 consecutive months of improvement in the employment index. Meaning that the “grass roots” economy made its turn for the better just as the DJIA was reaching those highs back in 2013 – demonstrating that index is still the leading indicator for jobs that it has famously always been.
As the last 15 months have proven, jobs and economy are improving, and investors are benefiting
The stock market has converted the long-term growth in jobs and GDP into additional gains for investors. Recently the S&P has crested 2,000 – reaching new all time highs. Gains made by investors earlier in the Obama administration have further grown, helping businesses raise capital and improving the nest eggs of almost all Americans. And laying the foundation for recent, and prolonged job growth.
003 pic
While most Americans think they are not involved with the stock market, truthfully they are. Via their 401K, pension plan and employer savings accounts 2/3 of Americans have a clear vested interest in stock performance.
“As this chart shows, over the first 67 months of their presidencies there is a clear “winner” from an investor’s viewpoint. A dollar invested when Reagan assumed the presidency would have yielded a staggering 190% return. Such returns were unheard of prior to his leadership.
“However, it is undeniable that President Obama has surpassed the previous president. Investors have gained a remarkable 220% over the last 5.5 years! This level of investor growth is unprecedented by any administration, and has proven quite beneficial for everyone.
“In 2009, with pension funds underfunded and most private retirement accounts savaged by the financial meltdown and Wall Street losses, Boomers and Seniors were resigned to never retiring. The nest egg appeared gone, leaving the ‘chickens’ to keep working. But now that the coffers have been reloaded increasingly people age 55 – 70 are happily discovering they can quit their old jobs and spend time with family, relax, enjoy hobbies or start new at-home businesses from their laptops or tablets. It is due to a skyrocketing stock market that people can now pursue these dreams and reduce the labor participation rates for ‘better pastures.”
http://www.forbes.com/sites/adamhar...an-on-jobs-growth-and-investing/#ae6c82d20bca
FUN FACT: More net jobs have been created under Obama than both Bushes combined
http://www.eclectablog.com/2014/10/...ed-under-obama-than-both-bushes-combined.html
Obama: Since 2009, U.S. has created more jobs than 'every other advanced economy combined'
http://www.politifact.com/truth-o-m...2009-us-has-created-more-jobs-every-other-ad/
64 Straight Months Of Private Sector Job Growth
https://www.dpcc.senate.gov/?p=blog&id=172
 
you just can't argue facts...no matter how many sports and celeb's you throw in just because they were republican!

face it torp.... the right has not done anything to help the country!
 
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