William McNally Greatest President ever!
- Today Dow Jones is near 18,000. Bush left office on January 20, 2009 and the Dow Jones was 7949.
- Bush left office with a negative 8.9% GDP growth rate. That is, the economy was collapsing. The current growth rate is a positive 5.0 %, a 13.9% improvement over the Bush economy. At this point in the Bush years, government employment was up by 1.2 million, but under Mr. Obama it’s down by 600,000.
- The U.S. Central Bank (the Fed) has ended the Quantitative Easing program as the US economy is again healthy after the Bush Financial Collapse. And no, Wall Street did not collapse as a result of the end of QE. (China, Japan, and Germany have initiated QE programs after observing the Obama economic miracle.)
-Bush left office with unemployment at 7.9%. The current unemployment rate is 5.6%.
- The U.S. capped its best year for hiring in 15 years with a healthy job gain in December and the unemployment rate falling to a six-year low. The data adds to signs of strength that contrast with sputtering global growth.Under President Obama's leadership, the economy has added private sector jobs for 56 straight months. During this span, 10.6 million private sector jobs have been created.
- US deficits when Bush left office were $1.4 Trillion. The current US deficit is $483 Billion, a reduction of 66%; and yes, Obamacare did reduce the deficit.
- The dollar has strengthened to a five-year high which reflects the confidence the world has in the US economy.
- The price of gold has fallen 35% reflecting the international confidence in the US dollar.
- Today crude oil is hovering at at a 5.5 year low at and is expected to continue its decline as OPEC declared satisfaction with today's supply balance.
- The US economy is currently thriving while arch enemy Russia is experiencing economic crisis.
- Bush said Osama Bin Laden was not a priority. Obama made it a priority and he was killed.
- Bush started 2 wars on a Chinese credit card and created a huge deficit. Obama cut it by 66%.
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