G
Guns Guns Guns
Guest
When Obama took office, the economy was shrinking at roughly 8% annually.
For most of Obama's term, it's been growing, as the chart below shows.
In absolute terms, the economy is now $853 billion larger than it was before Obama was inaugurated.
The economy is slightly larger than its pre-recession peak, and corporate profits have pushed to record highs...
Net household wealth has made the strongest bounce during Obama's term.
When he took office, a crumbling housing market and stock market had caused net household wealth to drop from a total of $63 trillion to $51 trillion.
It has since reversed and gained more than $11 trillion...
The Standard & Poor's 500 Index has stealthily marched up to four-year highs, returning to levels not seen since early 2008.
Since Obama took office on Jan. 20, 2009, the index has gained nearly 69%, with a near-20% surge coming since June.
So, yes, we're better off.
For most of Obama's term, it's been growing, as the chart below shows.
In absolute terms, the economy is now $853 billion larger than it was before Obama was inaugurated.
The economy is slightly larger than its pre-recession peak, and corporate profits have pushed to record highs...
Net household wealth has made the strongest bounce during Obama's term.
When he took office, a crumbling housing market and stock market had caused net household wealth to drop from a total of $63 trillion to $51 trillion.
It has since reversed and gained more than $11 trillion...
The Standard & Poor's 500 Index has stealthily marched up to four-year highs, returning to levels not seen since early 2008.
Since Obama took office on Jan. 20, 2009, the index has gained nearly 69%, with a near-20% surge coming since June.
So, yes, we're better off.
