The president’s failed policies result in the slowest recovery in 70 years
What others are saying about president obama’s failed recovery
Politifact Rates White House Claim that Obama Recovery Outpaced Reagan’s as “False:” According to Politifact, “Job creation under Obama has dramatically trailed the pace set by Reagan. In fact, adjusting for the size of the workforce, Reagan’s recovery was more than four times bigger than Obama’s has been so far.”
Bloomberg: U.S. Incomes Fell More in RecoveryThan During the Recession: According to Bloomberg,“American incomes declined more in the three-year expansion that started in June 2009 than during the longest recession since the Great Depression, according an analysis of U.S. Census Bureau data by Sentier Research LLC. Median household income fell 4.8 percent on an inflation-adjusted basis since the recession ended in June 2009, more than the 2.6 percent drop during the 18-month contraction.”
Associated Press: Economic Recovery is Weakest Since World War II: According to the Associated Press,“The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression. Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest. The ugliness goes well beyond unemployment, which at 8.3 percent is the highest this long after a recession ended. Economic growth has never been weaker in a postwar recovery. Consumer spending has never been so slack.”
The American People Blame the President’s Failed Policies for Weak Recovery:According to The Hill, “Two-thirds of likely voters say the weak economy is Washington’s fault, and more blame President Obama than anybody else, according to a new poll for The Hill. …66 percent believe paltry job growth and slow economic recovery is the result of bad policy. Thirty-four percent say Obama is the most to blame.”
House Republicans have a plan for economic growth and american jobs
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