I could be wrong, but I thought they were referring to the economy and our position on the world stage, not bringing back slave-trade.

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"The government who robs Peter to pay Paul can always depend on the support of Paul," - George Bernard Shaw

“Don’t underestimate Joe’s ability to f—k things up.” - Barack Obama

“End of quote. Repeat the line.” - wise words from Joe Biden

Snipes, there were multiple factors for bad relations, true.

The one I mentioned surely played a part too.

Third longest economic expansion is US history and all while facing total obstruction from Republicans.

The economy is switching into neutral as the Trump era takes over. I predicted we would being to see an economic decline by October, it looks like I'm going to be right.



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I was right.

33 Shocking Facts Which Show How Badly The Economy Has Tanked Since Obama Became President
August 21, 2013
Michael Snyder
Economic Collapse
August 21, 2013
Barack Obama has been running around the country taking credit for an "economic recovery", but the truth is that things have not gotten better under Obama. 

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 while Obama has been in the White House?  Why has the national debt gotten more than 6 trillion dollars larger during the Obama era?  Obama should not be "taking credit" for anything when it comes to the economy.  In fact, he should be deeply apologizing to the American people.
And of course Obama is being delusional if he thinks that he is actually "running the economy".  The Federal Reserve has far more power over the U.S. economy and the U.S. financial system than he does.  But the mainstream media loves to fixate on the presidency, so presidents always get far too much credit or far too much blame for economic conditions.
But if you do want to focus on "the change" that has taken place since Barack Obama entered the White House, there is no way in the world that you can claim that things have actually gotten better during that time frame.  The cold, hard reality of the matter is that the U.S. economy has been steadily declining for over a decade, and this decline has continued while Obama has been living at 1600 Pennsylvania Avenue.

It is getting very tiring listening to Obama supporters try to claim that Obama has improved the economy.  That is a false claim that is not even remotely close to reality.  The following are 33 shocking facts which show how badly the U.S. economy has tanked since Obama became president...
#1 When Barack Obama entered the White House, 60.6 percent of working age Americans had a job.  Today, only 58.7 percent of working age Americans have a job.
#2 Since Obama has been president, seven out of every eight jobsthat have been "created" in the U.S. economy have been part-time jobs.
#3 The number of full-time workers in the United States is still nearly 6 million below the old record that was set back in 2007.
#4 It is hard to believe, but an astounding 53 percent of all American workers now make less than $30,000 a year.
#5 40 percent of all workers in the United States actually make less than what a full-time minimum wage worker made back in 1968.
#6 When the Obama era began, the average duration of unemployment in this country was 19.8 weeks.  Today, it is 36.6 weeks.
#7 During the first four years of Obama, the number of Americans "not in the labor force" soared by an astounding 8,332,000.  That far exceeds any previous four year total.
#8 According to the U.S. Census Bureau, the middle class is taking home a smaller share of the overall income pie than has ever been recorded before.
#9 When Obama was elected, the homeownership rate in the United States was 67.5 percent.  Today, it is 65.0 percent.  That is the lowest that it has been in 18 years.
#10 When Obama entered the White House, the mortgage delinquency rate was 7.85 percent.  Today, it is 9.72 percent.
#11 In 2008, the U.S. trade deficit with China was 268 billion dollars.  Last year, it was 315 billion dollars.
#12 When Obama first became president, 12.5 million Americans had manufacturing jobs.  Today, only 11.9 million Americans have manufacturing jobs.
#13 Median household income in America has fallen for four consecutive years.  Overall, it has declined by over $4000 during that time span.
#14 The poverty rate has shot up to 16.1 percent.  That is actually higher than when the War on Poverty began in 1965.
#15 During Obama's first term, the number of Americans on food stamps increased by an average of about 11,000 per day.
#16 When Barack Obama entered the White House, there were about 32 million Americans on food stamps.  Today, there are more than 47 million Americans on food stamps.
#17 At this point, more than a million public school students in the United States are homeless.  This is the first time that has ever happened in our history.  That number has risen by 57 percent since the 2006-2007 school year.
#18 When Barack Obama took office, the average price of a gallon of regular gasoline was $1.85.  Today, it is $3.53.
#19 Electricity bills in the United States have risen faster than the overall rate of inflation for five years in a row.
#20 Health insurance costs have risen by 29 percent since Barack Obama became president, and Obamacare is going to make things far worse.
#21 The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.
#22 According to economist Tim Kane, the following is how the number of startup jobs per 1000 Americans breaks down by presidential administration...
Bush Sr.: 11.3
Clinton: 11.2
Bush Jr.: 10.8
Obama: 7.8
#23 In 2008, that total amount of student loan debt in this country was 440 billion dollars.  At this point, it has shot up to about a trillion dollars.
#24 According to one recent survey, 76 percent of all Americans are living paycheck to paycheck.
#25 During Obama's first term, the number of Americans collecting federal disability insurance rose by more than 18 percent.
#26 The total amount of money that the federal government gives directly to the American people has grown by 32 percent since Barack Obama became president.
#27 According to the Survey of Income and Program Participation conducted by the U.S. Census, well over 100 million Americans are enrolled in at least one welfare program run by the federal government.
#28 As I wrote about the other day, American households are now receiving more money directly from the federal government than they are paying to the government in taxes.
#29 Under Barack Obama, the velocity of money (a very important indicator of economic health) has plunged to a post-World War II low.
#30 At the end of 2008, the Federal Reserve held $475.9 billion worth of U.S. Treasury bonds.  Today, Fed holdings of U.S. Treasury bonds have skyrocketed past the 2 trillion dollar mark.
#31 When Barack Obama was first elected, the U.S. debt to GDP ratio was under 70 percent.  Today, it is up to 101 percent.
#32 During Obama's first term, the federal government accumulated more new debt than it did under the first 42 U.S presidents combined.
#33 When you break it down, the amount of new debt accumulated by the U.S. government during Obama's first term comes to approximately$50,521 for every single household in the United States. 

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The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

The Obama Economic Record: The Worst Five Years Since World War II
Tracy Miller
Associate Professor, Grove City College


In spite of the claims by President Obama's Council of Economic Advisors regarding his administration's economic accomplishments, the U.S. economy has grown very slowly in the years since the Great Recession of 2008-09. After four years of slow growth, the latest data reveals that the U.S. economy shrank at a 2.9 percent annual rate during the first quarter of 2014.
That figure has been widely reported, but here are some figures that have not been reported, and they are quite eye-opening:
Over the first five years of Obama's presidency, the U.S. economy grew more slowly than during any five-year period since just after the end of World War II, averaging less than 1.3 percent per year. If we leave out the sharp recession of 1945-46 following World War II, Obama looks even worse, ranking dead last among all presidents since 1932. No other president since the Great Depression has presided over such a steadily poor rate of economic growth during his first five years in office. This slow growth should not be a surprise in light of the policies this administration has pursued.
An economy usually grows rapidly in the years immediately following a recession. As Peter Ferrera points out in Forbes, the U.S. economy has not even reached its long run average rate of growth of 3.3 percent; the highest annual growth rate since Obama took office was 2.8 percent. Total growth in real GDP over the 19 quarters of economic recovery since the second quarter of 2009 has been 10.2 percent. Growth over the same length of time during previous post-World War II recoveries has ranged from 15.1 percent during George W. Bush's presidency to 30 percent during the recovery that began when John F. Kennedy was elected.
Economic growth is usually faster than normal following a recession as entrepreneurs find more productive ways to employ the resources that were idle during the recession. How rapidly the economy grows and recovers depends partly on whether market forces are allowed to allocate resources, including labor, to their most productive uses. Unfortunately, the Obama administration has pursued several policies that make it harder for market forces to work. These include: bailouts, expansion of entitlement programs, regulation of the economy, tax increases, and huge government deficits.
Bailouts have resulted in capital being stuck in businesses that are either inefficiently run or have failed to produce goods and services that consumers' value highly. In the absence of bailouts, some firms would have gone bankrupt and the capital reallocated to successful firms that are producing what consumers demand in a cost-effective way.
Expansion of government entitlement programs, such as food stamps and unemployment compensation, has reduced the incentive to be employed. The average benefit per recipient of food stamps jumped by approximately 25 percent between 2007 and 2010 due to rule changes. It also became easier to qualify for food stamps. As Richard Vedder points out in a Wall Street Journal editorial, the number of food stamp recipients rose by over 7 million between 2010 and 2012, a period of falling unemployment.
A number of changes associated with the American Reinvestment and Recovery Act (the economic stimulus package passed after Obama was elected) resulted in greater after-tax benefits to being unemployed. These include exempting part of unemployment insurance benefits from federal income taxes and subsidizing health insurance costs for laid off workers. Unemployment benefits also were extended for up to 99 weeks. In addition, the federal government developed mortgage modification formulas for banks to use, which resulted in a bigger reduction in interest payments for those with lower incomes.
The combined effect of a more generous food stamp program, more generous benefits for unemployed workers and mortgage modification formulas is to offset a considerable percentage of the reduction in income from being unemployed. This results in less incentive to work. If fewer people work, less is produced and real GDP grows more slowly.

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The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

Edited: 06/23/2017 at 05:09 AM by Fish Killer

Barack Obama's Sad Record on Economic Growth
By Louis Woodhill
February 01, 2016


On Friday, the Bureau of Economic Analysis (BEA) reported that 2015 U.S. real GDP (RGDP) growth was 2.38%. No matter what revisions are subsequently made, 2015 will have been the tenth year in a row that RGDP growth came in at under 3.0%. The longest previous such run in U.S. economic history was only four years, and the last time that this happened was during the Great Depression (1930 - 1933).
Even worse, and this should be the defining issue of the 2016 elections, the Congressional Budget Office (CBO) is now forecasting that America will never see 3.0% economic growth again. This should be drawing howls of protest, at least from Republicans, but there has been little reaction thus far.
ADVERTISING


From 1790 to 2000, U.S. RGDP growth averaged 3.79%. America needs at least 3.0% economic growth-the nation cannot defend itself and pay its bills without it. However, America's elites have largely given up on growth, and are now distracting themselves with academic musings about "secular stagnation."
Hillary Clinton is trying to position herself as the logical heir to President Obama's "legacy." Hillary is asking the voters to give her the job of protecting and continue Obama's "achievements." In a way, what Hillary is trying to do is odd, but in another way, it isn't. Here's why.
The rate of real economic growth is the single greatest determinate of both America's strength as a nation and the wellbeing of the American people. And, Obama's record in this area has been truly dismal.
Right now, the nation is probably already in a recession. The BEA's first estimate of 4Q2015 RGDP growth was only 0.69%, and there is mounting evidence that this will later be revised downward. However, making the wildly optimistic assumption that 2016 RGDP growth will come in at the CBO's current forecast (2.67%), Obama will be the only U.S. president in history that did not deliver a single year of 3.0%+ economic growth.
Again, assuming 2.67% RGDP growth for 2016, Obama will leave office having produced an average of 1.55% growth. This would place his presidency fourth from the bottom of the list of 39*, above only those of Herbert Hoover (-5.65%), Andrew Johnson (-0.70%) and Theodore Roosevelt (1.41%)
No matter what happens in 2016, Obama's record on economic growth will be considerably worse than that of the much-maligned George W. Bush. Bush 43 delivered RGDP growth averaging 2.10%, with two years (2004 and 2005) above 3.0%.
By the way, the economic growth superstar among all U.S. presidents was none other than Rutherford B. Hayes (1877 - 1880). Hayes delivered an average of 7.71% RGDP growth, and none of his four years in office was below 3.0%.
So, it seems a bit surprising that Hillary Clinton would be running for president by promising the nation the equivalent of a third Obama term. However, in another way, it isn't.
Hillary is a progressive. Progressives believe in "progressively" expanding the size, power, and reach of government. And, Obama has done more to further the progressive cause of anyone since FDR. So, yes, in that sense, it is completely authentic for Hillary to be promising "more Obama" if she wins.
With respect to the economy, both Hillary Clinton and Bernie Sanders are offering what amounts to "hospice care." Their "tax the rich" redistributionist proposals are not intended to restore strong growth. They are designed to make the middle class more comfortable in the face of economic stagnation. "Hey, you may be unemployed after you graduate, but at least college was free!"
The only way that the voters will elect a Democrat as president in the fall is if the Republicans nominate someone that seems crazy and dangerous, or if they run on budget-cutting "austerity." If confronted with a choice between hospice care and "surgery without anesthesia," the electorate will opt for the hospice care, and try to survive until the next election.
As the implications of the CBO's latest projections sink in, Republican candidates will hear the political Sirens singing songs about the need to "cut entitlements." If Republicans offer a credible program to restore rapid economic growth, they will win. If they offer austerity, they will lose-and, they will deserve to lose.
*There have been 44 presidents, but only 39 presidencies. Some terms were shared by two people, as a result of death or resignation.

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The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

Edited: 06/23/2017 at 06:47 AM by Fish Killer

I will say it again!

LIAR!

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The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

Grove City College.

Trump's numbers are on par or slightly less than those of Obama's last two years.

If Obama was horrible, why is Trump great with the same numbers?

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I was right.