Obama is First President Ever to Not See Single Year of 3% GDP Growth

[Jameerthefear]

>mfw cuckservatives are hating yet obama's approval rating keeps getting higher
we'll be back in the white house again come November too, y'all hold this L

[9erempiree]

>mfw cuckservatives are hating yet obama's approval rating keeps getting higher
we'll be back in the white house again come November too, y'all hold this L

You are rooting for the very same people that produces a group that you despise.

Where do you think all these pro-feminists social justice warriors came from?

[Jameerthefear]

You are rooting for the very same people that produces a group that you despise.

Where do you think all these pro-feminists social justice warriors came from?

Far left. Just like the racists and scumbags of the far right. I'm pretty centrist, but a little left leaning.

[Hawker]

Also holds the record for the highest number of citizens to renounce their citizenship. More people don't want to be american under his presidency.

[Dresta]

Also holds the record for the highest number of citizens to renounce their citizenship. More people don't want to be american under his presidency.

Yup, even though they have to pay thousands to do so (the highest fee in the world, which had to be hiked nearly 500% to limit the clamour of people trying to escape), it's worth it to escape the world tyranny Obama has helped create.

[masonanddixon]

What about all the thousands of $10/hr part time jobs that he created during his Presidency?????

[FillJackson]

What about all the thousands of $10/hr part time jobs that he created during his Presidency?????

Involuntary part time work started to spike in late 2007. It hit a very high plateau in 2009 and stayed there until 2011.

http://data.bls.gov/timeseries/LNS12032194

It's now come down by over 3 million reflecting the slow, but real improvements in the economy.

Like long term unemployed, it's still higher than it was before the recession began in late 2007.


A recent study has come up with why there is still a lot of slack in the workplace with unemployment at 5%. Growth in 1099 jobs. Folks are working, but a much greater number are working as contractors. Firms are taking much longer to hire full employees. I was a contractor for several years after the crisis. As older better paid employees retire, they are often being replaced with 1099 employees and this is affecting young people the most as they are not yet established in their careers.

[NumberSix]

What about all the thousands of $10/hr part time jobs that he created during his Presidency?????

The president creates jobs?

[FillJackson]

W2 jobs are still off where they were the recession started, while contractor jobs are much higher.

[Dresta]

Involuntary part time work started to spike in late 2007. It hit a very high plateau in 2009 and stayed there until 2011.

http://data.bls.gov/timeseries/LNS12032194

It's now come down by over 3 million reflecting the slow, but real improvements in the economy.

Like long term unemployed, it's still higher than it was before the recession began in late 2007.


A recent study has come up with why there is still a lot of slack in the workplace with unemployment at 5%. Growth in 1099 jobs. Folks are working, but a much greater number are working as contractors. Firms are taking much longer to hire full employees. I was a contractor for several years after the crisis. As older better paid employees retire, they are often being replaced with 1099 employees and this is affecting young people the most as they are not yet established in their careers.

"very slow" improvements after 8 years of 0% interest rates is the basically the definition of illusory rather than "real" improvements.

Dumbass.

[FillJackson]

"very slow" improvements after 8 years of 0% interest rates is the basically the definition of illusory rather than "real" improvements.

Dumbass.

You're charming.

[Tarik One]

Yeah. A lot of that has to do with wasting trillions overseas in pointless wars.


Still, I'm glad it was him elected in 2008. Hillary or McCain would have been even worse in that regard.

[FillJackson]

If that's the case, why is there worldwide low growth?

https://www.conference-board.org/data/globaloutlook/

Global growth is in slow mode, but a recession seems unlikely

Bad, worse, or as good as it gets

Uncertainty and pessimism have dominated the economic and business news in recent months. While at face value the mood seems justified as many negative factors (China’s financial gyrations, volatility in oil prices, and the further weakening of the US economy) are colluding, the recent developments by themselves do not yet signal an imminent global economic recession. Yet, the recent challenges to the global economy, have led to some significant adjustments in this first quarterly update The Conference Board’s Global Economic Outlook for 2016. Global GDP growth is now projected at 2.5 percent, which is 0.3 percentage point lower than our November outlook. The largest downward adjustments are seen in emerging markets, of which Brazil and Russia are the most pronounced, as their economic outlook has deteriorated more rapidly than we expected

[Velocirap31]

Also holds the record for the highest number of citizens to renounce their citizenship. More people don't want to be american under his presidency.

It would make a lot of sense for tax reasons to do this. The IRS expect to be paid no matter where in the world you make your money. Renouncing your citizenship would allow you to avoid paying additional US taxes while working and living abroad.

[NumberSix]

If that's the case, why is there worldwide low growth?

Obama.