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The Truth About The Obama Economy – It’s Not the Legacy He Hoped For

With the out of control PR that we see in politics it's sometimes hard to separate the truth from the noise, and this is certainly the case when it comes to the truth about the economy. Determining whether or not we have seen an e ...

Posted On September 20, 20135 MIN Read
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With the out of control PR that we see in politics it's sometimes hard to separate the truth from the noise, and this is certainly the case when it comes to the truth about the economy. Determining whether or not we have seen an economic recovery (and how strong) under the Obama Presidency often depends on which side you see on TV, so instead, let's break down the cold hard facts...based in real numbers...and find out how our 44th President has done, economically speaking.

The following research comes from market strategist Michael Snyder, writing at Economic Collapse Blog.

Compared to when he first took office, a smaller percentage of the working age population is employed, the quality of our jobs has declined substantially and the middle class has been absolutely shredded.  If we are really in the middle of an "economic recovery", why is the homeownership rate the lowest that it has been in 18 years?  Why has the number of Americans on food stamps increased by nearly 50 percent w...

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