Economically, Could Obama Be America's Best President?

[Tx4obama]

Economically, Could Obama Be America's Best President?

With the stock market hitting new highs, some people have already forgotten about the Great Recession.

Recall 2009. Things looked pretty bleak economically.

But the outlook has changed dramatically in just 4 years. And it has been a boon for investors, as even the safest indices have yielded a 250% return (>25% annualized compound return)

-snip-

rest of two page article, graphs and transcript of INTERVIEW here: http://www.forbes.com/sites/adamhartung/2013/05/16/economically-could-obama-be-americas-best-president/

[Agnosticsherbet]

1. For the second time...I you measure the economy by the wealth of Wall Street Investors and

Corporate executive officers, you might think that.

But if the measure of the economy is in the middle class and working class who still suffer from relatively high unemployment, underemployment, stagnant wages, high health care costs, high costs of food, and high cost of housing, then he doesn't come close.

He is better than Bush I or II, and much better than Hoover. About the middle of pack.

[DCKit]

2. Had my Mom not been able to let her assets in the markets sit...

She'd have been as screwed as everyone else who had to cash out just to survive from 2008 and on.

Those folks who couldn't sit it out were looted.

[MrSlayer]

3. Some people have forgotten. The 1%ers maybe.

This is Obama's 52nd month in office and I've worked in 18 of them. The first twelve were coming out of Bush era jobs programs so that doesn't even count. I'm out for 22 months straight, ruined my retirement fund just to survive and there's no end in sight.

Best economic President for the 1% maybe but not for the middle class.

I never though the Bush years would be the good old days.

Headlines like this make me fucking livid.

[truebluegreen]

4. "No."

[blkmusclmachine]

5. The 1% is Golden.

Everybody else, eh...

[graham4anything]

6. Right now, President Obama is #4. Only Lincoln, LBJ and FDR are ahead of him.

as someone else said, the only reason the republicans and the extremists can't stand him (besides race), is that times are getting better, and without attempting to smear him with bogus scandals, what can they talk about?

Housing rates are rising, unemployment is falling, times are getting better.

Yet the dislikers can't say how much better things are getting, so the media/altmedia gotta keep up the lies and the smears to attempt to get people not to see.

And personally, thanks to President Obama, my health care bills as a selfemployed family plan went down 50% this year just in the premium alone, as for the first time I was able to switch to a different plan and not be stopped by prior pre existing conditions.
AND with NO lifetime cap, which are the two things that stop most people from changing from their plan or getting new insurance if they didn't have it before President Obama's plan.

And most haven't even gotten that benefit yet, but will this fall and winter into 2014.

May President Obama's agenda keep going on forever and ever, long after his two terms are up, may the next presidents work to continue it and keep moving forward, in spite of the media/alt media attempting to obscure the good and the moving forward
with their wish to go backwards.

[daybranch]

9. what about the first progressive

Teddy Roosevelt???

[graham4anything]

10. I am a Woodrow Wilson fan. Though he had one major flaw, the rest was flawless.

Wilson was far more liberal than Teddy.And I am not a fan of third parties and Roosevelt was a third party republican.

[DonCoquixote]

7. NO, but

He is far ahead of any GOP, and certainly more than any Bush, Ronnie Ray Gun, or even Nixon. That being said, just because something is not the greater of two evils does not mean it does not hurt, he like Bill Clinton, could have been a far better president, or at the very least, we would be able to look at the GOP throwing obstacles and say "if nothing else, he holding the line on positions shows how treasonous the GOP were. Of course, if he did that, than many Democrats would be saying "he should have been strong and wrong) and the far left would say "see, this is why we need that revolution that comrade Trotsky promised us, it will get good once all the executions are done."

[fasttense]

8. If Obama was America's best president economically

Then he would have started a jobs program to hire the hundred million unemployed. More than 101 million working age Americans do not have a job. http://theeconomiccollapseblog.com/archives/more-than-101-million-working-age-americans-do-not-have-a-job Like FDR he could have made the federal government the employer of last resort. Instead he decided to be the lender to banksters of last resort.

He helped the rich out of the economic crash at the expenses of everyone else, until the next crash.

[1StrongBlackMan]

11. While I am disappointed in the inequity ...

of this "recovery"; tell me, how exactly can a President, without Congress, "start a jobs program to hire the hundred million unemployed?" Congress writes, passes and funds legislative actions.

You mention FDR, but fail to mention that he had a super-majprity in both Houses of Congress AND a republican party willing to support his proposals. Compare that to President Obama ... He has a divided Congress and a republican party dedicated to obstructing everything he does.

You would do well to recall that President Obama proposed a Jobs Plan that economist are on record indicating wouldv'e created a couple million jobs and because of the multiplier effect, would have employed 10s of millions (albeit, well short of your desired jobs program). But you would also have to recall that the republicans blocked it ... with the help of some Democrats.

So I ask again, how can a President do what you so handily toss out?

[forestpath]

12. Not for the people on Social Security whose benefits he wants to cut.

[Myrina]

13. Only if you're a 1% 'er ...

Otherwise, notsomuch.