Monday, June 3, 2019

The Obama Economic Disaster Revealed in a Single Glance

Democratic Party candidates for President in 2020 have been claiming that Trump's economic successes are really the result of Obama administration policies.

Three quarters of Americans surveyed by the Federal Reserve last year said they were living comfortably or doing OK in 2018, roughly unchanged from the year before but continuing a six-year trend that has reflected the ongoing economic recovery and falling unemployment, the Fed reported on Thursday.

100%. 0%. "This generally positive assessment of economic well-being is consistent with the continued economic expansion and the low national unemployment rate," the Fed said, noting the steady upward trend in the survey results since 2013, the first year it was conducted.

Donald J. Trump May 19, 2019.Conditions, drug prices down for first time in 51 years, Right to Try, protecting your 2nd Amendment, big Tax & Reg Cuts, 3.2 GDP, Strong Foreign Policy, & much much more that nobody else would have been able to do.

"Another year of economic expansion and the low national unemployment rates did little to narrow the persistent economic disparities by race, education, and geography," the Fed reported.

The online survey, covering 11,440 adults in October and November and weighted to be nationally representative, captured the mood of households across a broad set of issues as the U.S. economic recovery approached the decade mark.

The survey found 30% of respondents had done some sort of temporary work over the year - including things like dog walking alongside tasks like driving for a ridesharing company - and were slightly more likely to have trouble meeting emergency expenses.

https://thefederalistpapers.org/opinion/obama-economic-disaster-single-glance?fbclid=IwAR0xa9Oqw1rGop04iWJfnR7V5iWzql7vF2c95FM72nb26hW6Xid1w6TJNLU

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