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Have President Obama's economic policies helped make the economy rebound?

ϟM̈ öp̈vytöϟ 2012/02/16 13:20:59

SLIDESHOW: President Obama's Record on Jobs

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President Obama's Record on Jobs - Obama for America 2012 Ad - February 2012

  1. President Obama's Record on Jobs - Obama for America 2012 Ad - February 2012

    President Obama's Record on Jobs - Obama for America 2012 Ad - February 2012

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Have President Obama's economic policies helped make the economy rebound?
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“For the first time since 1990, American manufacturers are creating new jobs,” Obama said at a Master Lock facility in Milwaukee on Tuesday, February 15, 2012. “That’s good for the companies, but it’s also good up and down the supply chain.”

Obama’s claim — an apparent bright spot in a sea of still gloomy economic news — is corroborated by government statistics, which show an undeniable rebound for manufacturers during his term, both in terms of productivity and employment of American workers.

When Obama took office in January 2009, unemployment in the manufacturing sector stood at 10.9 percent and spiked to 13 percent a year later, according to the Labor Department. But in the two years since, unemployment has fallen precipitously, now holding at 8.3 percent in January 2012.


3 7million jobs created since jan 2009

Read More: http://www.sodahead.com/united-states/barack-obama...

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  • Sissy 2012/02/16 13:49:54
    Yes
    Sissy
    +18
    And just think what MIGHT have been accomplished had the republican leadership rolled up their sleeves in '08 and worked with this President to clean up the mess they largely created? What's burning them now is that slowly but surely we are beginning to see a ray of hope and they can take absolutely no credit for any of it.

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  • mich52 johnc 2012/02/16 15:50:28
  • johnc mich52 2012/02/16 16:04:48
    johnc
    go read you WH talking points and have a great life.
  • mich52 johnc 2012/02/16 16:06:33
  • johnc mich52 2012/02/16 16:23:25
    johnc
    so you are saying the WH gets its talking points from you?
  • mich52 johnc 2012/02/16 16:26:49
  • ProudPr... mich52 2012/02/16 16:38:00
    ProudProgressive
    +4
    Don't set tasks for them that you know they aren't capable of. That's just mean.
  • ProudPr... johnc 2012/02/16 16:39:52
    ProudProgressive
    +3
    The 8% projection was based on (a) the full stimulus package, not the shrunken (by a third) version the Republicans watered it down to, and (b) the projected 4% drop in GDP during the last quarter of Bush's reign of terror, which it turned out was actually over 8%. If the unemployment rate isn't yet as low as it might have been by now, you can thank your friends Mitch McConnell and John Boehner.
  • johnc ProudPr... 2012/02/16 16:51:18
    johnc
    again the man of words said. this $884,000,000 stimulus would keep unemployment below 8% but as clinton said of Obamas words, "Just words"

    the house had democrat majority, the senate had a filibuster proof majority. so tell me again how republicans stopped it, or watered it down.

    are you suggesting there were more solyndras Obama wanted to give our money to his bundlers? you might be right there. after all he did get millions in campaign funds from his billions in give aways of OUR money.
  • Sissy johnc 2012/02/16 15:21:33
    Sissy
    +3
    Remember when Candidate Obama said, "We are not the red states, we are not the blue states, we are the United States"? He truly wanted for us to coalesce as a country and work together to pull us out of the morass we were in. That was not to be, was it. From the very beginning of his presidency the republican leadership had only one goal, "to make him a one-term president."

    If I have any criticism of President Obama is that he tried too hard for too long to make that coming together happen. I could tell within three months of his term that there was no way the Right had any intention of rolling up their sleeves and helping solve the problems they were largely responsible for.

    Finally he saw it and has accepted the fact that the Right puts Party before Country and we'll just go on from there. I wouldn't be so determined to beat him out of his job as I would be for keeping the House you gained in '10 that could very well be lost to you once again.
  • johnc Sissy 2012/02/16 15:47:29
    johnc
    If all that were true, why does he demonize others so much? as clinton said of Obamas words "Just words" how about a little action

    he had the house and senate. so how is it again , that republicans blocked his agenda?

    I agree with Clinton, so far, "Just words"
  • ProudPr... johnc 2012/02/16 16:41:30
    ProudProgressive
    +3
    The President hasn't demonized anyone (well, maybe Osama bin Laden).

    And you know as well as anyone that the Republicans blocked his agenda by changing the rules and decorum of the Senate from requiring 51 votes out of 100 as a majority to calling 59 votes out of 100 a minority. In any sane government a 59-41 vote means the bill passes. But in Republican world, it fails.
  • DJL Sissy 2012/02/18 21:23:20
    DJL
    In 2008 Democrats had complete control. They also have complete blaim.
  • Sissy DJL 2012/02/21 21:26:57
    Sissy
    The republicans had the whole enchillada for the first 6 years. That's when reckless spending and bloated budgets never met a challenge. When the dems came in in '06, they didn't have a large enough majority to over ride any vetoes and veto GW did. All they could do was send up the budgets and hold hearings on the malfeasance of the Bush administration. Not enough to over ride any vetos and the first one Bush did was a Bill to raise the minimum wage. He never put the pen down again.
  • DJL Sissy 2012/02/21 22:29:54
    DJL
    The Democrats had the House,Senate and the WH for 2 years. They ran up more debt in those 2 years than all 8 under Bush. They also have not passed a budget in over 1000 days. You blame Bush for out of control debt but not Obama for even higher debt in a shorter period of time. What a hypocrite.
  • Sissy DJL 2012/02/22 22:09:27
    Sissy
    Nonsense. When the Dems took the majority in '06 it wasn't enough to over ride any vetos that Bush made and he never made one until then. The first time he picked up a veto pen was when he received a Bill for raising the minimum wage. He never put that pen down again until he left office and a trillion dollar debt on this President's plate. Sounds like you've kinda forgotten that gawd-awful mess he was handed, eh?
  • DJL Sissy 2012/02/23 02:32:33
    DJL
    Get a clue. The two years were under Obama. The Democrats had total control and total responsibility for the damage done. The mess Obama was supposedly left is nothing compared to the mess that Obama has made.
  • ProudProgressive 2012/02/16 13:45:43
    Yes
    ProudProgressive
    +8
    Of course not. Everyone knows that President Obama is only responsible for the bad things - like the Bush tax cuts that began in 2001, the War of lies in Iraq that began in 2002, the Great Recession that began in 2007, and of course the 9/11 attacks. Everything good that has happened has nothing to do with Obama - like saving the American automobile industry from collapse without a bailout, getting the unemployment rate down from the Bush high of 10.1% down to the current 8.3%, the successful stimulus that created over 3 million American jobs, the end of the War in Iraq, and of course the death of Osama bin Laden.
  • Sissy ProudPr... 2012/02/16 13:51:31
  • Someone... ProudPr... 2012/02/16 13:56:20
    Someone Else
    Next time your out driving around look around and you will see just how many foreign cars V/S American cars there are on the roads today and the majority are Toyota's and Hyundai's
  • mich52 Someone... 2012/02/16 14:00:36 (edited)
  • Someone... mich52 2012/02/16 14:25:28
    Someone Else
    Yep but the profits go to Japan and Korea. Ultimately the cash for clunkers program didn't turn out so well for GM or our Federal Gov. like they had hoped. Hence the Toyota witch hunt.At that same time GM was suffering from the Cobalt steering problems that killed 3 people but we never heard much about that one did we?
  • ProudPr... Someone... 2012/02/16 14:23:14
    ProudProgressive
    +5
    Agreed, but (a) a lot of those cars are built in the United States, (b) people are holding on to cars longer and not buying new cars every year the way they used to. GM is back to #1 in new car sales, but it will be a number of years before the existing American "fleet" shows the change.
  • Someone... ProudPr... 2012/02/16 13:57:13
  • ProudPr... Someone... 2012/02/16 14:25:08
    ProudProgressive
    +4
    It's patriotic to oppose the President based on a rational argument. It's idiotic to oppose the President just because of the letter ("D") after his name or because of his skin color or because of his middle name or because you don't like his wife or any of the other completely irrational attacks that so many launch against him (I do not refer to you personally).
  • Someone... ProudPr... 2012/02/16 14:28:14
    Someone Else
    Just a cut and paste I thought was funny. The shoe being on the other foot that is
  • LarryFine ProudPr... 2012/02/16 14:04:59
    LarryFine
    +2
    What will you have to say about his failed recovery come November? What will you have to say about his failed middle east policy as that regions continues to melt in to a war of unthinkable proportions? What will you say about the pResident who owns the first downgrade of our national credit rating, due in large part to his multi trillion dollar borrowing binge? What do you have to say about an auto bailout that, to this day, requiring $10,000 dollar taxpayer subsidies to motivate buyers to show up to buy overprice electric cars? What will you say about $5 gasoline in the coming months? Will you say he is in bed with the oil companies? You did when it was Bush.

    Glad to see you are a proud progressive. Too bad your success standards are so low.
  • ProudPr... LarryFine 2012/02/16 14:32:03
    ProudProgressive
    +4
    Failed? Three and a half million jobs added? Turning a 750,000 jobs a month loss into 23 consecutive months of job gains, including the largest six month gain in a quarter of a century? Bringing the unemployment rate down from the Bush high of 10.1% to the current 8.3%? Saving the American automobile industry (and a million jobs) from collapse?

    As for the Middle East, the President ended the war in Iraq, is ending the war in Afghanistan, brought about the downfall of a tyrant in Libya without the loss of a single American life, spurred the seeds of democracy in Egypt, Tunisia and across the region, and restored the respect for the United States and its values that George Bush so casually threw away.

    Your definition of "failure" needs work.

    As for the lowering of our credit rating, Standard & Poor's made clear that the reason it happened was Tea Party obstinacy. At a time when the President and every sane economist realize that our biggest problem is not spending but a loss of revenue due to insane tax cuts for millionaires, the Tea Party refused to use ANY revenue raisers to deal with the debt ceiling. Standard & Poor's lowered our credit rating because (a) the Tea Party blocked every proposed tax increase and (b) the Tea Party threats to force yet another extension of the disastrous Bush tax cuts. No one but an ignorant fool would blame the President for the harm the Tea Party wrought.
  • LarryFine ProudPr... 2012/02/16 15:05:31
    LarryFine
    Give us the data on the industries those jobs were created in? And don't include taxpayer funded gooberment bureaucracy growth or ANY data on the ficticious jobs saved number liberals seem to take credit for. The only thing benefiting Obama is time is on his side when it comes to the unemployed. So many discouraged unemployed have dropped off the radar, his minions do not have to count them. This is what Obama has brought us and it's going to increase:



    Cite your source for the accusations made by S&P. Why are tax revenues down? Because corporate profits are down. why are corporate profits down? Because business has no confidence in the inexperienced, inept sitting pResident.

    Like I told one of your Obaminions on another thread, explain why Osavior did NOT get his tax increases through when he and his communist pals owned DC? Why, because he is incompetent to the point he could not even influence his own party members. Income taxes have remained flat at 50% of federal intake and has had no impact on why our credit rating has slipped. Your savior's class warfare tactics fall on deaf ears.

    taxes welfare
  • Charles... ProudPr... 2012/02/16 14:21:24
    CharlesG BN-0
    +1
    Heaven's no, Obama the Magnificent saved us from the Cylons. Cylons
  • ProudPr... Charles... 2012/02/16 14:33:11
    ProudProgressive
    +5
    Some cylons are more dangerous than others ....

    Cylons
  • Sport_G... ProudPr... 2012/02/16 14:28:49
    Sport_Geoff
    like saving the American automobile industry from collapse without a bailout,.what? You are aware of how much GM received and how much the taxpayers will be screwed on aren't you. 14 billion is what the taxpayers will eat and you claim there was no bailout.
  • ProudPr... Sport_G... 2012/02/16 16:43:01
    ProudProgressive
    +3
    Loans, especially loans that are repaid with interest and ahead of schedule, are not bailouts.
  • Sport_G... ProudPr... 2012/02/16 16:49:48 (edited)
    Sport_Geoff
    What part of 14 billion that won't be repaid don't you understand? Thats a bailout....guess what......when your given a low interest loan to save your ass because of poor management ...THATS A BAILOUT.....
    Why dont you look up exactly what GM did before posting stupidty. They basically divided the company into 2 companies....saddled one with the majority of the debt after taking taxpayer money and the declared bankruptcy. IT IS COMMON KNOWLEDGE THAT GM / CHRYSLER IS GOING TO STICK THE TAX PAYER FOR 14 BILLION DOLLARS IT WILL NOT REPAY.

    Here's you 3 links that all confirm this. Pick which fact you want to deny because thats typically what you do.

    http://online.wsj.com/article...

    http://nation.foxnews.com/bai...

    http://abcnews.go.com/blogs/p...
  • mal 2012/02/16 13:45:15
  • Tuna 2012/02/16 13:43:19 (edited)
    No
    Tuna
    +2
    Obama has changed the way States report unemployment to the Fed He can make the numbers read as he wants them to read. Obama is pretty desperate right now; he's a complete and utter failure; he has to manipulate the upcoming election. dictator obama
  • LarryFine Tuna 2012/02/16 13:51:49
    LarryFine
    +2
    Absolutely right. And, his ficticious recovery will be revealed when the unemployed and underemployed show up in November to sign him up for unemployment.
  • Tuna LarryFine 2012/02/16 13:55:22
    Tuna
    +1
    He said this 3 million jobs crap, 2 years ago, remember? "we have SAVED or created 3 million jobs"; that was 2 years ago when he said he would tax the oil companies with a windfall tax whenever they spiked gas prices. The man is a LIAR !!!
  • LarryFine Tuna 2012/02/16 14:07:21
    LarryFine
    +1
    I commented to one of his drooling liberals on another post. I asked the clown if he would blame Obama for $5 gas come summer or if he will accuse Obama of being in bed with big oil like they did when Bush was in office. I am still waiting for a response...
  • ProudPr... LarryFine 2012/02/16 14:37:39
    ProudProgressive
    +3
    The President isn't in bed with big oil. The President wants to end tax subsidies to the oil industry. Bush pushed for them. The President wants effective safety regulations on offshore rigs, even if it costs a few dollars. Bush eliminated them and in so doing allowed BP to poison the Gulf of Mexico. The President has worked to develop alternative sources of energy to end our dependence on oil. Bush stifled any work towards any other energy sources. The fact that gas prices are going up is due mainly to the obstructionist Republicans in Congress who will do anything for the oil companies but nothing for those of us who actually use gasoline in our cars.
  • Tuna ProudPr... 2012/02/16 14:45:30
    Tuna
    +1
    BREAKING NEWS ::::: The most corrupt city in the USA is Chicago. Obama is from Chicago. Crony capitalism now rules America; Obama is destroying the American private sector; more people on assistance than EVER before. He had 2 years of total power, POTUS/House/Senate/Press; did he fix it?? No doubt about his intentions NOW; thank God we have the Tea Party but wait, Obama is using executive order to by-pass Congress just like he threw out Federal Bankruptcy Laws in the General Motors takeover.

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