@mysteryman,
Obama saved our country from the Great Recession. Most of his "spending" was tax breaks for the middle class, and
Quote:en.wikipedia.org/.../American_Recovery_and_Reinvestment_Act_of_20...
The approximate cost of the economic stimulus package was estimated to be $787 billion ... The Act included direct spending in infrastructure, education, health, and ... On January 10, 2009, President-Elect Obama's administration released a ...
Our economy has been on recovery mode ever since he took over the white house. Most Americans have recovered over 90% of their losses from GW Bush's Great Recession.
Have you seen the stock markets lately? From Wyatt Investment Research.
Quote:The numbers are in, and no matter how you look at them, 2012 was a way better year for stocks than 2011.
Last year’s stock market performance was particularly impressive given all the end-of-year fiscal cliff fear, pre-election uncertainty and ongoing sovereign debt problems in Europe.
2012 was a surprisingly fruitful year to be an investor. Here are some key numbers to demonstrate just how strong the stock market performance was:
The S&P 500 gained 13.4%, marking the benchmark U.S. index’s largest annual return since 2009 and fourth-largest return in the last decade.
The Nasdaq Composite Index was up nearly 16%. That’s a vast improvement from a year ago, when the tech-heavy index fell 1.8%.
128 companies went public – the second-highest IPO total in the last five years.
It was a good year for small cap stocks too. The Russell 2000 Index, which gauges U.S. small caps, returned 14.7% this year.
Despite a late-year slump, Apple (NASDAQ: AAPL), the world’s largest stock, gained 31% – topping $700 for the first time in its history at one point.
Bank of America (NYSE: BAC) was one of the year’s biggest gainers, rising more than 100%. BAC’s move headlined a nice bounce-back year for the big banks. Shares of the six largest U.S. financial institutions gained an average of 40% in 2012.
This in a world economy where most are still struggling to survive. Do you understand anything about macro-economics?
What are you complaining about? That he did so much good after GW Bush's fiasco! Carryover of GW Bush's two wars, no tax increases, and a drug benefit not paid for. Those costs carried over to Obama's presidency.
Do you know how much those cost carryovers were? I doubt it.