October 17, 2015
Obama's miserable economy
In the Democratic debate all the candidates said the economy wasn't doing well but gave Obama and Democratic policies a pass. Instead they blamed Bush's policy of letting people keep more of their own money. Hillary absurdly said that the economy always does better under Democratic Administrations.
Both Presidents inherited a recession and collapsing stock prices. The recession Obama inherited ended in June 2009, five months after he took office and the recession of 2001 ended in November 2001, 10 months after Bush took office.
Here are several economic statistics showing the results of vastly different economic policies:
9/30/07
9/30/15
Population of the U.S
301 million
322 million
Car sales
16.5 million
17.4 million
Housing starts
1.398...(Read Full Post)