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.
http://www.zerohedge.com/news/2013-08-21/33-shocking-facts-which-show-how-badly-economy-has-tanked-under-obama
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.
http://www.zerohedge.com/news/2013-08-21/33-shocking-facts-which-show-how-badly-economy-has-tanked-under-obama
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