These are quotes from Mr. Obama's farewell speech.
NEVER got any good change? What does it take for you? Perhaps pragmatism and realistic aren't in your vocabulary.
Rich
Come on now, really?
Obama was graded on CNN by economists and they gave him a C-. Sure, he did do things that he felt would help with the economy, but any president would have, so he can not be judged by merely doing something. You have to look at the outcomes, which are: stagnate wages (shown time and time again in the first Friday's reports and contradicting what he said in that 2nd paragraph), one of lowest labor participation rates in history, which is not reflected in employment numbers, an average family income that has virtually not changed. That longest period of job creation averaged less then the growth of the population, so the only way the unemployment number came down was from people dropping out of the workforce. Not to mention most of those jobs created are part time in the low paying service industry.
Reboot of the auto industry?
Well Ford never took any money and they are doing well, and who is to say that if the other two did not declare bankruptcy they would not have faired better. Contracts would have been renegotiated, debts would have been lowered, and, on the slight chance they did go all the way to insolvency, another company would have bought them. Possibly better managed them too. Also, the other auto makers in the USA (VW, BMW, Honda, etc.) never took any money and are doing well.
"Today, the economy is growing again; wages, incomes, home values, and retirement accounts are rising again; poverty is falling again."
Like I mentioned above, wages and family income are still stagnate. Home values may have come up for their low, but that is more then likely a market force. Retirement accounts are up, but that is due to the stock market that is loving the FED right now. Unfortunately, when the next recession hits, the FED won't be able to do anything since the rates are still at 0, which is going to happen since we are in a stock market bubble.
Insofar as Iran shutting down the nuclear program, that was a direct result of GW Bush's actions of implanting an extremely well designed virus that attacked the computers that controlled the rotors in the refinement process, titled Stuxnet. Of course, Iran did not know this, and thought their scientists incompetent at the time, and if you can't produce the goods, why continue to deal with the bad publicity. Now Iran knows they were had (of course won't admit to it, why would you, and the USA won't admit to it either for obvious reasons), so I am sure eventually they will either restart the program in secret or buy from N. Korea.
(Why else would N. Korea being doing these tests? There just advertisements and since they sell every other weapon they produce, they will probably try to sell weapons grade nuclear material. Iran wants it, if not for anything else but to shove it in Israel's face.)
Listen, I get it, Trump is crass and rough around the edges (like really damn rough), and Obama was well spoken. Although all of those great speeches still let him oversee more then a 1000 Dems loose their seats.
