Has Obama Changed the Economy for the Worse? Conclusion

Over the past three weeks I have evaluated nine specific claims made by an article purporting to show that “Obama has changed the face of our economy for the worse.” The article was presented to me as definitive proof that Obama has been “a train wreck” as President of the United States. Of the claimsContinue reading “Has Obama Changed the Economy for the Worse? Conclusion”

Is trust in Obama’s leadership at historically low levels?

As part of my series analyzing the article suggesting that Obama has changed the economy for the worse, let’s now move on to the ninth and final claim: that trust in Obama’s leadership and administration remains at historically low levels. Cutting right to the chase, I can’t find any support for this claim. I supposeContinue reading “Is trust in Obama’s leadership at historically low levels?”

Was America’s credit rating downgraded for the first time ever under Obama’s watch?

As part of my series analyzing the article suggesting that Obama has changed the economy for the worse, let’s now move on to the eighth claim: that America’s credit rating was downgraded for the first time ever under Obama’s watch. Yes, America’s credit rating was downgraded from AAA to AA+ by S&P in 2011 soContinue reading “Was America’s credit rating downgraded for the first time ever under Obama’s watch?”

Was there a record number of home foreclosures under Obama’s presidency?

As part of my series analyzing the article suggesting that Obama has changed the economy for the worse, let’s now move on to the seventh claim: that there were a record number of home foreclosures during Obama’s presidency. This one is pretty easy to research. According to these data from RealtyTrac and the Federal Reserve,Continue reading “Was there a record number of home foreclosures under Obama’s presidency?”

Are nearly 50 million Americans on food stamps?

As part of my series analyzing the article suggesting that Obama has changed the economy for the worse, let’s now move on to the sixth claim: that nearly 50M Americans are on SNAP (food stamps). According to the Food and Nutrition Service, ~43M Americans (~13% of population) are on SNAP.This number (both absolute and percentage)Continue reading “Are nearly 50 million Americans on food stamps?”

Are 46 million Americans Living in Poverty?

As part of my series analyzing the article suggesting that Obama has changed the economy for the worse, let’s now move on to the fifth claim: that 46M Americans are living in poverty, First off, what does it mean to be “living in poverty?” According to the Census’s most recent data (2015), to be livingContinue reading “Are 46 million Americans Living in Poverty?”

Has Obama Accrued More Debt Than All Other Presidents Combined?

As part of my series analyzing the article suggesting that Obama has changed the economy for the worse, let’s now move on to the fourth claim: that Obama has accrued more debt than all other presidents combined. When Obama took office January 20, 2009, the national debt was $10.626T(!). As of September 30, 2016, theContinue reading “Has Obama Accrued More Debt Than All Other Presidents Combined?”

Has the Labor Market Tanked Under Obama?

As part of my series analyzing the article suggesting that Obama has changed the economy for the worse, let’s now move on to the third claim: the labor participation rate is near a 40-year low (with the implication that this is an indicator of an unhealthy labor market). Indeed, according to the Bureau of LaborContinue reading “Has the Labor Market Tanked Under Obama?”

Has Obama Implemented A High Number of Major Regulations?

As part of my series analyzing the article suggesting that Obama has changed the economy for the worse, let’s now move on to the second claim: Obama has implemented 600 major regulations (regulations expected to have an impact of $100M or more), many more than W’s 426, and is on track to implement 641 inContinue reading “Has Obama Implemented A High Number of Major Regulations?”