Obama. What Has He Actually Done for the Economy? Redistribution Underway.

Let's look at Obama's record on the economy.  The following statements come from Obama's website...BARACK OBAMA.COM
First one...

The President is taking aggressive steps to put Americans back to work and create an economy where hard work pays and responsibility is rewarded.

This is the data from Recovery.gov. from October 2011-December 2011 AND there is nothing past this in their system...likely on purpose.

JOBS CREATED BY AWARD TYPE (OCT 1 - DEC 31, 2011)

Award Type	Jobs Created
Contracts	30,490
Grants	163,680
Loans	10,167
Total	204,337

Updated: 03/14/2012

Find more here...RECOVERY.GOV

I'd say that this is likely tainted from the source, AND...why was there an update on this data in March of 2012?...  


I question the "contracts" because they could count about anything in that category.  Also, what were the grants for?  Did they actually create jobs?  Loans?  Did they create jobs?


Let's look at another source...


This is truly interesting!  This is from the Bureau of Labor Statistics.  This chart shoes data that goes from 2002 to 2012.

Labor Force Statistics from the Current Population Survey

Series Id:           LNS11300000
Seasonally Adjusted
Series title:        (Seas) Labor Force Participation Rate
Labor force status:  Civilian labor force participation rate
Type of data:        Percent or rate
Age:                 16 years and over

Let's look at another source...





SOURCE: DIGGING


Here is another resource...





SOURCE: GALLUP


Why is this statement part of  "The President's Record on Jobs and the Economy"?

For years before the economic crisis, middle-class security had been slipping away. Wages stagnated while health care costs soared.

The Labor Force Statistics chart shows that this above statement is false.


Also, how can he claim the following?

We’ve added back more than 4.1 million private sector jobsand seen 25 straight months of job growth—but there’s more work to do.

The following statement really baffles my mind.  Have we ever seen an actual plan?

When President Obama took office, he both addressed the immediate economic crisis and laid the foundation for a U.S. economy that’s built to last.

What has Obama actually done for the economy?  


Redistribution is under way.  If Obama has his way, you may be looking at the Atlas Shrugged effect on the United States.