If you had read above, you would have noticed that I have stated numerous times what I base that on.
A quick recap...
1) Stock market is up 50% from when Obama took over.... that is a wealth enhancer
So the stock market is 50% recovered from the recession that Democrats caused by demanding Freddy and Fannie make loans to people who couldn't afford them, and then spending our grandchildren's futures to bail them out when they collapsed, and this is supposed to be a feather in the Democrat's cap? It's like your teenagers burned the house down while you were away on business, and you return to find a half built shack in place of your home, with someone telling you how much better things are than the night of the fire! These people don't know what they are doing, and they have literally squandered trillions of dollars to prop up an anemic economy, while moving ahead with plans that will destroy even more private sector jobs! It's like you have bought in to some mythical illusion that the economy has turned around, and things are wonderful now, based on a few artificially induced indicators designed to make you believe the illusion!
2) Dollar is significantly stronger which helps small and mid size businesses (on the whole) as they tend to sell exclusively locally, while at the same time many get parts from overseas.
I don't believe the dollar is "significantly" stronger, and nothing is helping the small and midsized businesses, when every policy from this administration is geared to make them have to pay MORE in taxes and employer benefits in the coming years. There is absolutely NOTHING proposed to encourage or stimulate growth, and this is why unemployment remains near 10%.... significantly higher than it ever was under Bush.
3) We are not still dumping 750k jobs per month, which makes it a better situation, despite the fact that those who have lost jobs have not gained them back. Most of those foreclosures/bk's are already factored in to the economy. Again, it is my belief that we could easily slide back into another downturn and I believe something will occur in the short term to trigger that.
Well, you know, eventually you run out of jobs to lose every month! Once companies have trimmed to the bare bones, there are no more jobs to be lost! We've extended unemployment benefits twice under Obama, are we just going to perpetually keep extending them? Where are all these "shovel ready jobs" he PROMISED would be there, if we passed the stimulus?
4) There is not a fear of a complete collapse of the financial sector. This does not mean they don't still have problems... they do... but the sector is not on the edge as it was in early 2009.
The financial sector was never in as much trouble as everyone claimed. Some elements were, Freddy and Fannie were in trouble because Barney Frank and Democrats in Congress literally mandated they make low-interest loans to people who had no business buying the houses they were being financed for, and they went belly up. Again. we dumped hundreds of billions into bailing them out, so of course they aren't in trouble now... but look at what it cost us?
Again, we are not out of the woods and personally I think we are in for a retest of the 2009 lows. But right now, the economy is stronger than it was in early 2009.
And if you want to myopically focus on the raw numbers and pretend it's not artificially created, that's all the proof anyone needs that you are a moron. No, we're not out of the woods, we haven't even started to try and get out of the woods! We're still deep in the forest looking at the pretty trees, and pretending everything is just fine... we're not lost... really!
