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Reality Check: Under President Obama the Economy Is Growing

December 22, 2011 RSS Feed Print

They say perception is reality; if that's true then many Americans need a reality check.

Let's take the guy who wrote a book (and I say that very lightly) about the president and how much he knows on the economy—it's 200 blank pages. Cute. Actually, it's stupid. Anyone who would purchase a book that is empty, regardless of who is in the White House is an idiot, especially in rough economic times. I've got a pad with paper and lines on it—how much do you think I could get for it?

[Check out 2011: The Year in Cartoons.]

The guy who wrote it is from Chattanooga, Tenn. and he says in his area, there is a great "hatred" for President Obama. Hatred!?! Now please understand. I reserve the word hate for people like Adolf Hitler, Saddam Hussein, or Osama bin Laden (who is dead by the way at the command of the guy who is so hated). It sounds more like they "hate" his political party or maybe even his skin color.

Let's look at the reality rather than people's perception. True, unemployment is higher than it was when the president took office, but it fell sharply in December, from 9 percent to 8.6 percent. The economy is growing. We're not in a recession. The stimulus added jobs to U.S. payrolls.

According to the Congressional Budget Office, the stimulus added up to 3.6 million jobs by the third quarter of 2010 and up to 2.4 million jobs in the third quarter of 2011.

[See Mort Zuckerman's 5 Sure-Fire Ways to Boost Jobs]

The Dow Jones is up more than 50 percent since the president took office and albeit slowly, the gross domestic product is consistently in an upward growth mode.

So, you might "hate" the president because you think he has ruined the economy, and things are only getting worse; but you' d be wrong. Things are getting better, just slowly, very slowly. And remember, the tortoise did beat the hare!

Tags:
economy,
Barack Obama

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I would like for everybody to read and find out more about the real mitt Romney as a gov. You might get a surprise of just how much his te nature as gov is same as his plans as president.

http://en.wikipedia.org/wiki/Governorship_of_Mitt_Romney

Kenny of IN 7:32PM October 24, 2012

Hey atleast this administration haven't leaked a CIA agent and put lives at risk, remember Bush? Republicans love to forget the mess that man and his administration put us through for 8 years and now its Obama's fault? Really?

Perry of GA 9:17AM January 18, 2012

Leslie, You can be forgiven for being so positive about the results of Obama's policies, because you are a liberal and like all liberals, another liberal can do no wrong. The fact that Obama has blamed everything and everyone else for the disastrous outcome of his policies and his administration is merely an outgrowth of his rearing as a victim, butteressed by 20 years of mentoring from his pastor, the Reverentd Wright. But you find goodness in a landscape of disaster and those who can think objectively are not persuaded. Our unemploymnet number is bogus as it is calculated based on people actively looking for work and has dropped because people have given up by the hundreds of thousands. So also is our inflation number which is calculated without including the skyrocketing costs of food and energy. Obama has accellerated the costs of energy with his policies. He has done his best to move the country into istitutionalized Socialism. He has done his best to stoke the basest instincts in humans, envy (and greed for the wealth of the wealthy), with his class warfare rhetoric. He has brought his lack of management experience to the office of the presidency along with his left wing ideology and destroyed the country with unimaginable debt. And he has been completely supported in all this by the Democrats in Congress. Under Obama, Progressives have come out of the closet and provided for a full and open culture war vying for the hearts and minds of all Americans. This is one thing I am grateful to Obama for, and the only other thing I am grateful to him for is his election, unwarranted as it was based on history of accomplishment, is the fact that he was elected despite or because he is black. While his supporters deny it, it demonstrated that the attempt by blacks and liberals to label Americans as bigoted proved to be false. In fact the real bigots ended up being exposed as the people who refuse to admit that Conservatives are not racists.

Art Laramee of AZ 11:56AM January 14, 2012

Leslie Marshall

Leslie Marshall

Leslie Marshall is a nationally syndicated radio host heard nationwide weekdays from 7-10pm Eastern time on radio and streamed live at www.lesliemarshallshow.com. Leslie is also a Fox News contributor seen weekly on The O'Reilly Factor, America Live, monthly on Hannity and she sits in for Bob Beckel as one of the co hosts on The Five. She lives in Los Angeles.

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