Obama’s Economy Just Set a Mark That We Never Experienced Under George W. Bush

barack-obama-happyWith today’s technology, it’s easier than ever to spread lies, misinformation and blatant propaganda. It’s why I’ve argued that President Obama will go down as one of the least appreciated presidents in U.S. history. It never ceases to amaze me just how much he’s accomplished – with Republicans trying to sabotage him at every turn – yet how hated he is by so many. Then again, he’s the first president who’s really had to endure the “social media” era of politics.

For years the conservative media has done just about everything it can to make people terrified of this president. It’s amazing how often I encounter Republicans who feel such hatred for President Obama – yet they can’t even name five facts about him. This is a party filled with millions of people who think he’s a Muslim and continue to believe that he’s planning to confiscate guns. Despite the fact that there’s literally zero factual evidence to support either of those claims.

One of the biggest issues about which I see a lot of conservative ignorance is the economy. These are folks who truly and honestly believe the economy has gotten worse since President Obama was elected. People who, as far as I can tell, must have gone into hibernation between 2007-2009 when we lost millions upon millions of jobs, often shedding hundreds of thousands of jobs every single month.

Since then, not only has our economy rebounded, we’re currently in the midst of the largest streak of private sector job growth in our nation’s history. Not to mention that our unemployment rate has been cut from 10 percent to 5 percent – a level Ronald Reagan never accomplished.

While income inequality remains an issue – and has been for nearly 40 years (thanks trickle-down economics) – basically every other aspect of our economy is going strong.

Oh, I know what Republicans will say: Labor participation rate is at its lowest level in decades! People have given up looking for work! 

While it’s true the labor participation rate is low, it’s mostly because the “baby boomer” generation is retiring. It’s basic math, quite honestly:

Baby boomers: Anyone born between 1946-1964

1946 + 65 (retirement age) = 2011

Baby boomers are retiring, it’s as simple as that.

All that being said, our economy just did something it didn’t do during George W. Bush’s presidency (or his father’s, for that matter). We just experienced the best back-to-back years for job growth since 1998 and 1999.

With December’s jobs report showing that the economy added 292,000 jobs, we ended 2015 creating 2.65 million jobs total – coming off a 2014 where we created over 3 million.

That’s interesting considering all we’ve heard from Republicans was how essentially everything President Obama has said and done during his presidency was going to ruin the economy and kill jobs. Remember back a few years ago John Boehner repeatedly asking the president, “Where are the jobs?” Well, you don’t hear that repeated much anymore, do you?

But this is just another example of how successful President Obama has been at his job, even if Republicans will never admit it. And the truth of the matter is, if President Obama were a white Republican with these same economic gains on the heels of the worst economic crash since the Great Depression, they would be hoisting him up on the same pedestal as Ronald Reagan.

Allen Clifton

Allen Clifton is a native Texan who now lives in the Austin area. He has a degree in Political Science from Sam Houston State University. Allen is a co-founder of Forward Progressives and creator of the popular Right Off A Cliff column and Facebook page. Be sure to follow Allen on Twitter and Facebook, and subscribe to his channel on YouTube as well.


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