“By any measure, the country has moved forward over the last four years.”
Stephanie Cutter is the Deputy campaign manager for the Obama campaign and she answered the oft repeated question “Are we better off than we were four years ago?”. Of course – conservatives would like you to believe that we are not … but how can they deny the obvious?
Where was the stock market at 4 years ago? You can see that HERE.
In September of 2008 – the country lost 168,000 private sector jobs (source) and the economy had been in recession since December of 2007. All of the following headlines came in September and October of 2008 before Obama won the election and thus before he became President.
Some might point to the current unemployment % as proof of failure of the Obama administration but this is ridiculous. Anyone who understands economics or business understands that unemployment is a lagging indicator. If you’re not aware of this or you don’t understand this – you should read this HERE; it’s perfect for those who have yet to finish their sophomore high school math class. If you can’t simply come to terms with that undeniable fact … please hit the X in the top right of your browser because I am uninterested in you questioning whether or not water is wet or whether trees are made of wood.
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