#Barackonomics

If you think job growth
≈ great employment
then you’ve been bamboozled by Barack Obama!

#Barackonomics:
Private-sector jobs ↑ 8.9 Million
“Not in Labor Force” ↑ 13.5 Million!

Employment-Population Ratio:
the WORST under Bush was better than the BEST under Obama!

Unemployment rate doesn’t count “not in labor force”,
which hit an ALL TIME HIGH of > 94 MILLION!
http://www.bls.gov/web/empsit/cpseea01.htm

What the @AP won’t tell you:
Reagan vs. Obama, Labor Force Participation Rate, through Sep 2015

#Barackonomics:
Average Weeks Unemployed:
The WORST record of any @POTUS in @BLS_gov #BLSdata history!

#Barackonomics:
78 consecutive months of SUB-60% Employment
The Longest Streak of SUB-60% Employment since JANUARY 1979!!!

@BarackObama’s average employment % is worse than his last 5 predecessors, including Carter!

Avg http://data.bls.gov/timeseries/LNS12300000&from_year=1977&to_year=2015

63.8 Clinton w/ Republican Congress
62.7 G.W.Bush
62.2 G.H.W.Bush
62.1 Clinton w/ Democrat Congress
59.9 Reagan
59.1 Carter
58.8 Obama

#Barackonomics:
The WORST record of CHANGE in #Women’s LFPR in @BLS_gov #BLSdata history!

Compare the results of 20 Years of @GOP vs. @TheDemocrats Majorities

In the last 11 years,
**ALL** job loss months came underSpeaker @NancyPelosi & Maj. Leader @SenatorReid, and while Barack Obama, Joe Biden, Hillary Clinton, John Kerry, and the rest of their Democrat peers were all part of the Majority Party!

When @GOP last held Congress & @WhiteHouse:
UR 4.4% http://data.bls.gov/timeseries/LNS14000000
EPR 63.4% http://data.bls.gov/timeseries/LNS12300000
LFPR 66.4% http://data.bls.gov/timeseries/LNS11300000

Avg FY Deficit as %GDP:
Post-WWII 1947-95: 1.8
GOP Majority 1996-2007: 0.8
DEM Majority 2008-14: 6.3
Data Source: @WhiteHouse OMB: http://www.whitehouse.gov/sites/default/files/omb/budget/fy2016/assets/hist01z2.xls

Deficits:
FY 2007: 1.1% of GDP (R House/Sen/Pres)
FY 2009: 9.8% of GDP (D House&Sen, most spending signed by Obama)
DEMs ≈ tripled the deficit in their 1st FY (2008),
then ≈ tripled deficit AGAIN in 2nd FY (2009)!
From 1.1% to 9.8% GDP!

Dems can honestly blame Bush for not vetoing
this @NancyPelosi/@SenatorReid Continuing Resolution:
http://thomas.loc.gov/cgi-bin/bdquery/z?d110:HR02638:@@@R

But Obama requested:
http://www.wsj.com/news/articles/SB123177778175873781?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB123177778175873781.html
http://en.wikipedia.org/wiki/American_Recovery_and_Reinvestment_Act_of_2009
http://en.wikipedia.org/wiki/Omnibus_Appropriations_Act_of_2009
http://en.wikipedia.org/wiki/Supplemental_Appropriations_Act_of_2009

It is HIGHLY dishonest to blame Bush for FY 2009 deficit, and use that as baseline for “deficit reduction” claims.

#Barackonomics:
http://www.nytimes.com/2015/09/03/business/low-income-workers-see-biggest-drop-in-paychecks.html

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