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Clinton Has Given Obama An “A” On His Presidency

- November 13, 2015

In An Interview With The Boston Globe, Clinton Gave The Obama Administration An "A" For Its Overall Performance, Adding "I Don't Think He Gets The Credit He Deserves For Saving Our Economy." HILLARY CLINTON: "I'd give him an 'A.' I don't think he gets the credit he deserves for saving our economy from falling into a great depression, for saving the auto industry which represents millions of jobs up and down the supply chain, for beginning the crackdown on Wall Street abuses with Dodd-Frank, for getting the Affordable Care Act passed, for really being as responsive as he could possibly be given the obstructionism that he faced with the Republicans in Congress." (Hillary Clinton Interview With The Boston Globe, 10/17/15)

However, Under Clinton-Obama Policies, American's Attitudes About The Economy Continue To Get Worse

49 Percent Of Americans Disapprove Of The Way Obama Is Handling The U.S. Economy. (The Economist/YouGov, 2000 R, 2.9% MoE, 2/24-27/16)

The Gallup Survey U.S. Economic Confidence Rating Is Currently -13. ("Gallup Daily: U.S. Economic Confidence Index," Gallup, Accessed 3/3/16)

The Majority Of Americans Feel The U.S. Economy Remains In Recession. "Other polls have found that a majority of Americans even think the economy remains in recession, even though the Great Recession officially ended in June 2009." (Christopher S. Rugaber, "AP Survey: Voter Anexity At Odds With Economists' Optimism," Associated Press , 3/1/16)

"American Pessimism Is Currently At Its Highest Rating In More Than Two Years." "Nearly 6-in-10 Americans say things are going badly in the United States, the largest share to say so in more than two years, according to a new CNN/ORC Poll." (Jennifer Agiesta, "CNN/ORC Poll: 57 Pessimistic About U.S. Future, Highest In 2 Years," CNN, 1/27/16)

  • 57 Percent Of Americans Feel That "Things In The U.S. Today Are Going Badly." (CNN/ORC, 1,002 R, 3% MoE, 1/27/16)

Economists Are Already Worried About The Potential For An Upcoming Clinton-Obama Recession

The Wall Street Journal : Many Economists Have Recently "Cut Their Growth Forecast For The Year As They Fret About" The Possibility Of A Recession. "The current expansion is now 7½ years old, the fourth longest since World War II. Since January, many economists have cut their growth forecasts for the year as they fret about whether troubles abroad will nudge the U.S. into a recession." (Nick Timiraos, "Economic Uncertainty Muddles Election Prospects," The Wall Street Journal, 2/16/16)

The Wall Street Journal : The U.S. Economy Is "Off To A Hair-Raising Start" For 2016 As Sign Are "Pointing To A Possible Recession." "It is hard to predict how the economy will fare this year, but things are off to a hair-raising start. Stocks, bonds and other financial-market signals are pointing to a possible recession, while domestic economic data offer bewildering signs of both weakness and strength." (Nick Timiraos, "Economic Uncertainty Muddles Election Prospects," The Wall Street Journal, 2/16/16)

The Likelihood Of A Recession in The United States Is At Its "Highest Levels Since The Fall Of 2011," According To A January CNBC Fed Survey. "The chances of a recession in the United States are at their highest levels since the fall of 2011, according to the CNBC Fed Survey." (Fred Imbert and Steve Liesman, "US Recession Probability At Highest Levels Since Fall 2011: Survey," CNBC, 1/18/16)

Economist James Pethokoukis For The Week: The Weak Pace Of Growth Puts The U.S. Economy At "A Chronically Higher Risk For Recession." "Not only is that pace of growth weak by postwar standards, it puts the economy at a chronically higher risk of recession. Indeed, the recent stock market selloff partially reflects investor fears than a Chinese slowdown may be enough to trigger a U.S. downturn." (James Pethokoukis, "Hillary Clinton's Inequality Plan Has Big Problems," The Week, 1/7/15)

"Substantially Less Money" Is The New American Reality Under The Clinton-Obama Regime

CBS News Headline: "America's Quagmire: Stubborn Poverty And Slumping Income." (Aimee Picchi, "America's Quagmire: Stubborn Poverty And Slumping Income," CBS, 9/16/15)

Middle-Income American Families "Make Substantially Less Money" In Inflation Adjusted Terms Than Years Ago And "There Is No Evidence That Is Reversing." "A middle-income American family, in other words, makes substantially less money in inflation-adjusted terms than it did 15 years ago. And there is no evidence that is reversing." (Neil Irwin, "Why Americans Still Think The Economy Is Terrible," The New York Times, 9/16/15)

Stagnant Incomes "Were A Problem In 2013," Have "Remained So In 2014" And Evidence "So Far Suggests Nothing About That Is Changing In 2015." "Stagnant incomes were a problem in 2013. They remained so in 2014. The evidence we have so far suggests nothing about that is changing in 2015. That is the reality shaping the backdrop to the 2016 presidential campaign, the Federal Reserve's interest rate debates and the dinnertime table conversations about the state of the economies in families across the United States." (Neil Irwin, "Why Americans Still Think The Economy Is Terrible," The New York Times, 9/16/15)

American Household Incomes "Lost Ground" Last Year, In A Sign The U.S. Economic Expansion "Has Not Led To Gains For Many Americans" Since The End Of The 2007-2009 Recession. "American household incomes lost ground last year and the poverty rate ticked up, the U.S. Census Bureau said on Wednesday, in a sign the U.S. economic expansion has not led to gains for many Americans five years after the 2007-2009 recession." (Susan Heavey, "U.S. Household Incomes Slip, Poverty Rate Up Slightly In 2014," Reuters, 9/16/15)

The Poverty Rate Has Increased By 1.6 Percentage Points Under Obama, From 13.2 Percent In 2008 To 14.8 Percent In 2014. (Census, Accessed 9/16/15)

The Impact Of Obama's Economy Has Led To A Disappearing Middle-Class

The U.S. Middle-Class "Has Shrunk To The Point Where It No Longer Constitutes The Majority Of The Adult Population." "The nation's middle class, long a pillar of the U.S. economy and foundation of the American dream, has shrunk to the point where it no longer constitutes the majority of the adult population, according to a new major study." (Don Lee, "Middle-Class Families, Pillar Of The American Dream, Are No Longer In The Majority, Study Finds," Los Angeles Times, 12/9/15)

Middle-Class Jobs, That "Provided A Stable Living For Those With Less Education," Have "Been Replaced With Low-Wage Work." "But middle-skilled jobs, which once provided a stable living for those with less education, have been replaced with low-wage work. Occupations at the growing bottom earn less than $32,000 on average. Only one-third have health insurance and only one-quarter have retirement benefits." (Josh Zumbrun, "Post Recession Job Growth Coming In High-Wage Positions,"The Wall Street Journal, 8/17/15)

A Gallup Survey Found That Only 51 Percent Of U.S. Adults Identify As Middle-Class, Down From 63 Percent Of Those Polled In 2008. "A Gallup survey this spring showed that just 51% of U.S. adults considered themselves middle or upper middle class, with 48% saying they are part of the lower or working class. As recently as 2008, 63% of those polled by Gallup said they were middle class." (Don Lee, "Middle-Class Families, Pillar Of The American Dream, Are No Longer In The Majority, Study Finds," Los Angeles Times, 12/9/15)


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