Will Barack Obama Become President Again?
Jeff is a computer professional who takes a great interest in politics and tries to e'er distinguish fact from opinion.
Obama's Presidency: The Facts
People have many perceptions of how the US economy or the land as a whole has done during the Obama years. Depending on your political views, yous may think the country did exceptionally well or was teetering on the verge of collapse.
Listed below are fourteen objective facts, without interjected opinion, about the state of America under the leadership of President Obama. Every statement is followed upward with a link to a reputable source where you tin verify the fact for yourself.
ane. We Had a Record xc Straight Months of Economic Expansion
That's right: For ninety sequent months, the US economic system got progressively better. That includes a new record for sequent months of private-sector chore growth. Forbes mag (which is no fan of President Obama) crunched the numbers and demonstrated how the economic recovery under President Obama was better in just about every measurable style than the recovery under President Reagan.
Source: Obama Out-Performs Reagan on Jobs, Growth, and Investing; Forbes mag.
ii. We Enjoyed the Longest Menstruum of Private-Sector Job Creation in American History
This statistic also comes from the Forbes magazine article listed higher up. In fact, during Obama's presidency, nosotros enjoyed 75 directly months of private-sector chore creation. That is the longest flow of job cosmos since the Department of Labor has been keeping statistics.
Source: Obama's Claim That Businesses Are in the "Longest Uninterrupted Stretch of Job Creation": The Washington Post.
Source: A Record 75 Straight Months of Chore Growth Nether Obama: Money
3. Unemployment Dropped From 10.ane% in October of 2009 to iv.8% by Early 2017
Not only did the unemployment rate driblet significantly, but after the recession ended, the US economic system gained over thirteen one thousand thousand new jobs. (You can refer to the Forbes article to a higher place or cheque the article below.)
Source: Democratic Presidents Bring Information technology: Obama Shatters Clinton's Record For Individual Sector Task Growth: PoliticusUsa.
It is too worth noting that during the 2012 presidential ballot, Obama's opponent, Mitt Romney, promised to lower the unemployment rate to 6% by the cease of 2016. President Obama exceeded that goal by lowering unemployment to under 6% two full years earlier than Romney had promised.
Source: Romney vows to lower unemployment to six% by the end of 2016: The Loma
4. The Stock Market Set Record Highs Throughout Obama's Presidency
From early on 2009 onward, there was a steady upward trend in stock market growth as the economy connected to meliorate. The Dow Jones Industrial averages reached an best loftier of eighteen,292 in May, 2015. Since most Americans accept 401K retirement investments in the stock market, this growth benefited millions of centre-class Americans.
Source: Dow Jones Industrial Average Last ten Years: Macrotrends.
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5. The Federal Upkeep Arrears Was Reduced by Two-Thirds Since 2009.
The $1.4 trillion federal budget deficit that Obama inherited in 2009 was in a large part due to the high rate of unemployment and the downturn in the economic system. When millions of people were put out of work in 2008 and 2009, it resulted in far fewer income taxes and less economical action to generate federal acquirement. As millions of people regained employment, there were billions more than in revenue enhancement dollars generated. Every bit a result, the deficit got smaller each twelvemonth. The 2015 deficit was $439 billion, the smallest deficit since 2007, and roughly 70% lower than it was in 2009.
Source: What is the Arrears?: USGovernmentSpending.com.
6. Nether President Obama, Government Spending Increased Less Than It Did Under President's Bush and Reagan
You may take heard critics say that President Obama is spending money wildly and running upward our debt. Co-ordinate to this article from Forbes, during his first term, Obama increased spending by 1.4% annually, far less than President Reagan (8.7%) or George W. Bush-league (8.1%). According to another article from the Washington Post, Obama increased spending 3.3% annually. In any upshot, Obama increased spending less than any president since Eisenhower.
Sources: Who Is the Smallest Government Spender Since Eisenhower? Would Y'all Believe Information technology's Barack Obama? Forbes mag.
The Facts About the Growth of Spending Under Obama: Washington Post.
Federal Spending Grew More than nether Bush-league and Reagan than Under Obama
seven. For 95% of American Taxpayers, Income Taxes Dropped as Low or Lower Than Any Point in the Previous 50 Years
After President Obama took office, thousands of Tea Party members all over the country held rallies protesting Obama'south tax increases. At that fourth dimension, President Obama had actually passed several tax cuts to stimulate the economy. Most of the Tea Partiers who were protesting had but seen their taxes decrease under Obama, yet polls indicated that most Tea Party members wrongly believed their taxes had gone up.
In fact, the only people whose income taxes went up during Obama'due south presidency were those making $400,000 per year or more. That's less than ii% of the population. For the vast majority of people, tax rates were lower or the same as when Obama first took office. The article below from the Middle on Budget and Policy Priorities explains this in greater detail.
Source: Federal Income Taxes on Heart-Income Families Remain Nigh Historic Lows, Heart on Budget and Policy Priorities.
eight. Dependence on Foreign Oil Was Greatly Reduced Due to Record Domestic Oil Production and Improved Fuel Efficiency Standards
While some claim that oil product declined under President Obama, the truth is just the reverse. Oil production reached tape highs. The U.s. produces so much oil that we export more oil and gasoline than nosotros import.
Source: IndexMundi.
9. At Least eighteen 1000000 More than Americans At present Accept Health Insurance Than Before
Depending on whose numbers yous use, anywhere from 12 to 18 one thousand thousand Americans acquired health insurance due to the Affordable Care Act. Now that those millions of Americans have insurance, the balance of the states are no longer on the hook to pay for their healthcare when they get sick. This saves the American people billions of dollars in the long run.
Source: Obamacare Helped Upwardly to 10 Million Get Insurance, Gallup Finds: NBC News.
ten. The Affordable Care Act Has Added Years to the Life of Medicare
The Medicare trust fund had been on course to run out of coin by the end of 2016. But due to cost savings from the Affordable Intendance Human activity and lower healthcare expenses, Medicare's trust fund was able to remain stable until the year 2030 without cutting benefits.
Source: Medicare, Social Security Inability Fund Headed in Different Directions; The Wall Street Journal.
11. Since Passage of the Affordable Care Act, We Are Seeing the Slowest Rate of Increase in Healthcare Costs Since 1960
Healthcare costs will always get upward, but contrary to Republican predictions, healthcare costs increased at a much slower footstep since the passage of the ACA.
Source: Trends in Health Care Toll Growth and the Role of the Affordable Care Act; White House Report.
12. Nosotros Had Fewer Soldiers, Sailors, and Airmen in War Zones Than at Whatever Time in the Previous 12 Years
By the end of his presidency, with the end of the Iraq war and the steady withdrawal of troops from Afghanistan, we had far fewer people in war zones than any time since 2002.
13. There Were Aught Successful Attacks past al Qaeda on US Soil While Obama Was President
Despite Dick Cheney's warning that if voters elected a Democrat as president, nosotros'd be "hitting again and hit difficult" by al Qaeda, nosotros were actually far safer from terrorist attacks on The states soil than nosotros were nether the previous president. There have been several unsuccessful attacks against the The states nether both Bush and Obama, simply under Obama, al Qaeda was largely unsuccessful in striking the U.s.a. on our home soil.
Source: Timeline of Al Qaeda Attacks
14. We Caught and Deported More Illegal Immigrants During Obama'due south Presidency Than Ever Before
Despite the mythology that was being spread about our "open border" with United mexican states, the numbers prove that President Obama turned back and deported more illegal immigrants than whatever other president. Obama's supporters often criticized him for this fact.
Politifact checked the merits that President Obama turned away more illegal immigrants than whatsoever other president, and they confirmed that under President Obama, the United states of america turned back or deported an boilerplate of 32,886 people per month. That's a far greater rate than any other president in history past far.
Source: Has Barack Obama deported more people than whatsoever other president in U.South. history? Tampa Bay Times.
Additional Facts Well-nigh Economical Gains With Obama'southward Presidency
Although all of the facts stated above tin be confirmed through multiple sources, most Americans are not aware of these positive statistics. I invite you to exercise your own research and check these facts for yourself.
The truth is, most other presidents would envy President Obama's record which has flourished despite the fact that he inherited the results of the worst economical crash since the Great Depression.
If y'all feel particularly ambitious, feel free to research these boosted facts:
- Since Obama became president, our economic system went from losing 750,000 jobs per calendar month to adding 250,000 jobs per month. That'southward a net comeback under Obama of about 1 million jobs per calendar month!
- Before Obama became president, our financial system was in ruins and millions of people were at hazard of losing their life savings. Now, the fiscal loopholes have been stock-still and we are no longer at adventure of another financial collapse.
- In just vii years under Obama, there were more than 3 times as many jobs created every bit there were in the whole 8 years under George W. Bush.
- President Obama passed credit card reforms that protect consumers from excessive fees, rate hikes, deceptive marketing, and unreasonable due dates.
- Cheers to Obamacare, senior citizens have saved billions of dollars on prescription drugs.
- The Affordable Care Deed requires insurance companies to spend at to the lowest degree 80% of collected premiums on healthcare. As a result, millions of Americans have received refunds from their wellness insurance companies.
Source: Health Insurers Set to Give Out More Obamacare Refunds; Huffington Post Business organisation.
Despite the unprecedented obstructionism and tape number of filibusters used by Republicans to kill even the most routine legislation, the fact remains that the American people are greatly better off today than they were before President Obama took role, in nearly every measurable way.
Note From the Author
For those of you who disagree with, or dislike this article and you lot want to go out a annotate, delight give some specifics or make some meaningful comment about what you disagree with. I have always kept all comments visible, positive or negative. But if all you are going to practise is say this article is BS without elaborating or specifying what you disagree with, and so I will no longer keep those kinds of comments.
Feel free to tell me this article is BS but put some idea into your comments and don't merely waste time with pointless insults.
This content reflects the personal opinions of the writer. It is authentic and true to the best of the writer's knowledge and should not be substituted for impartial fact or advice in legal, political, or personal matters.
Questions & Answers
Question: Do these facts derive from "faux news"?
Answer: No, none of this information came from Breitbart, Infowars, or any othe simulated news site.
Question: Where did y'all get your facts?
Reply: There are links to source information throughout the article. You can independently verify every single fact in this article quite easily.
Question: Regarding Obama's presidency, what about people that left the workforce and the quality of jobs he created? Why don't y'all measure his numbers from before the recession?
Answer: Obama doesn't have any numbers from before the recession since the recession began a year before he became president. The recovery began slowly, but he did preside over the cosmos of jobs in the manufacturing and construction sector as well equally hundreds of thousands of white-collar jobs.
© 2014 jeff61b
Source: https://soapboxie.com/us-politics/14-Facts-About-The-Obama-Presidency-That-Most-People-Dont-Know
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