Just another reminder that Trump's comments about bringing down black unemployment were completely full of shit.

Donald Trump has not implemented any policies thus far that really help anybody except his rich friends and of course himself.

Nor is there any real evidence that will change.

A little perspective.

Source

But remember according to Chairman Gowdy this is NOT political.

Every once in awhile I like to put up a graph like this just to drive the conservatives batshit.

Courtesy of Mother Jones: 

As you can see, it's dropped once again, from 11.9 percent last quarter to 11.4 percent this quarter. In case that seems a little bloodless, that means that over a million Americans are now insured who weren't last quarter. For the entire year, nearly 4 million people are newly insured. Since the peak just before Obamacare went into effect, 16 million Americans have gained health insurance. And if Republican-controlled states hadn't thrown a collective temper tantrum and refused to accept Obamacare's Medicaid expansion, the total number would be more like 20 million.

It is that last point that I think should be emphasized over and over again.

If it were not for the Republican attempts to derail, slow down, and undermine the Affordable Care Act several million more Americans would currently be living with access to healthcare coverage.

That alone should keep virtually ALL of them from being reelected in 2016.

The next time that your conservative relatives start talking about how President Obama destroyed the economy, show them this.

Courtesy of the LA Times:  

Amazingly, there are still some holdouts in the political and economic community who insist that the Obama stimulus failed--that is, failed to arrest a steep fall in economic output and launch a period of growth in gross domestic product, jobs, stock market valuations, and other metrics that continues to this day. 

Menzie Chinn of the University of Wisconsin and Jeffrey Frankel of Harvard (and a former Clinton administration economics advisor) have just ganged up on the stimulus deniers. Their analyses are timely, since the stimulus has just passed its fifth birthday: The American Recovery and Reinvestment Act was signed into law on Feb. 17, 2009. 

Chinn observes (and shows his work via a series of telling slides) that the launch of ARRA coincides almost exactly with the bottoming out of the stock market, the reversal of a trend of increasing negative GDP growth and an almost unbroken record of positive growth since the end of the first quarter of 2009. 

"The burden of proof," he writes, "lies on those who assert the beginning of the recovery is due to anything, anything (Fed balance sheet expansion, TARP — both implemented six months earlier –, sunspots, or the return of Ancient Aliens) but the policies implemented by the Obama Administration." 

I have heard a number of so-called "economists" on Fox News and CNN claiming that the stimulus did nothing, but all evidence proves their contention incorrect.

History will prove that what President Obama did to save the economy was just this side of miraculous, until then it falls to good liberals to right the good fight of facts against purposeful misinformation.

A graph that every Teabagger needs to see.

Courtesy of Ezra Klein:

What’s also important, but not evident, on this chart is that Obama’s major expenses were temporary — the stimulus is over now — while Bush’s were, effectively, recurring. The Bush tax cuts didn’t just lower revenue for 10 years. It’s clear now that they lowered it indefinitely, which means this chart is understating their true cost. Similarly, the Medicare drug benefit is costing money on perpetuity, not just for two or three years. And Boehner, Ryan and others voted for these laws and, in some cases, helped to craft and pass them.

To relate this specifically to the debt-ceiling debate, we’re not raising the debt ceiling because of the new policies passed in the past two years. We’re raising the debt ceiling because of the accumulated effect of policies passed in recent decades, many of them under Republicans. It’s convenient for whichever side isn’t in power, or wasn’t recently in power, to blame the debt ceiling on the other party. But it isn’t true.

This is the main reason I have NEVER taken the Teabaggers seriously because they are so clearly resistant to recognizing that the tremendous economic problems facing our country have virtually NOTHING to do with President Obama and EVERYTHING to do with George W. Bush, the fake president who came before him.

Let's face it, if the Teabaggers were serious about "taking their country back," they would have been Democrats or even true Independents, not obviously transparent covert Republicans.

Oh, and they NEVER would have been ignorant enough to call themselves the "Tea Party" either.