07
Sep
14

President Barack Obama: The Jobs Creating President

Obama GOP

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Adam Hartung: Obama Outperforms Reagan On Jobs, Growth And Investing

To put this week’s jobs report in economic perspective I reached out to Bob Deitrick, CEO of Polaris Financial Partners and author of “Bulls, Bears and the Ballot Box” (which I profiled in October, 2012 just before the election) for some explanation. Since then Polaris’ investor newsletters have consistently been the best predictor of economic performance. Better than all the major investment houses. This is the best private sector jobs creation performance in American history

Unemployment-Reagan-v-Obama

As this unemployment chart shows, President Obama’s job creation kept unemployment from peaking at as high a level as President Reagan, and promoted people into the workforce faster than President Reagan. President Obama has achieved a 6.1% unemployment rate in his 6th year, fully one year faster than President Reagan did. At this point in his presidency, President Reagan was still struggling with 7.1% unemployment, and he did not reach into the mid-low 6% range for another full year. So, despite today’s number, the Obama administration has still done considerably better at job creating and reducing unemployment than did the Reagan administration. We forecast unemployment will fall to around 5.4% by summer, 2015. A rate President Reagan was unable to achieve during his two terms.”

When President Obama took office America was gripped in an offshoring boom, started years earlier, pushing jobs to the developing world. Manufacturing was declining in America, and plants were closing across the nation. This week the Institute for Supply Management (ISM) released its manufacturing report, and it surprised nearly everyone. The latest Purchasing Managers Index (PMI) scored 59, 2 points higher than July and about that much higher than prognosticators expected. This represents 63 straight months of economic expansion, and 25 consecutive months of manufacturing expansion.

Investment-Returns-Reagan-v-Obama

While most Americans think they are not involved with the stock market, truthfully they are. Via their 401K, pension plan and employer savings accounts 2/3 of Americans have a clear vested interest in stock performance. it is undeniable that President Obama has surpassed the previous president. Investors have gained a remarkable 220% over the last 5.5 years! This level of investor growth is unprecedented by any administration, and has proven quite beneficial for everyone.

More here

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115 Responses to “President Barack Obama: The Jobs Creating President”


  1. 7 vcprezofan2
    September 7, 2014 at 12:51 pm

    😎

  2. 27 japa21
    September 7, 2014 at 12:53 pm

    Okay, I posted a comment at 12:50 and it didn’t show up. I blame VC.

  3. 33 amk for obama
    September 7, 2014 at 12:55 pm

    While most Americans think they are not involved with the stock market, truthfully they are. Via their 401K, pension plan and employer savings accounts 2/3 of Americans have a clear vested interest in stock performance. it is undeniable that President Obama has surpassed the previous president. Investors have gained a remarkable 220% over the last 5.5 years! This level of investor growth is unprecedented by any administration, and has proven quite beneficial for everyone.

    And none of the pathetic dems have pointed this put loud and clear and repeatedly.

  4. September 7, 2014 at 12:55 pm

    NW, love that statement from POTUS. It is so true. Thanks for the post.

  5. September 7, 2014 at 12:56 pm

    Does SOTU suck or really suck? See what TOD has to say next?

  6. September 7, 2014 at 12:59 pm

  7. September 7, 2014 at 1:01 pm

    WP being weird again …. perhaps the comment will appear at some point …

  8. 42 amk for obama
    September 7, 2014 at 1:02 pm

    Image and video hosting by TinyPic

    ireesh.

  9. September 7, 2014 at 1:13 pm

    Morning all.

    Elvis Costello at the Hollywood Bowl with the L.A. Philharmonic was STELLAR! And he did the two things I wanted him to do: play one of his Burt Bacharach songs, and ended the show with “Allison”.

    Now off to do chores. See everyone later.

  10. 46 Roberta in MN
    September 7, 2014 at 1:13 pm

    Thanks NW, just put this post on FB. Just waiting to see the blowback. Some are people that really think this POTUS is ruining our country. Shaking head at this non-sense. 🙂

  11. 48 vcprezofan2
    September 7, 2014 at 1:14 pm

    Excellent focus, NerdyW! I kinda like-a your style … serious, ‘harsh’ truths with occasional bits of humour. Merci!

  12. September 7, 2014 at 1:15 pm

  13. September 7, 2014 at 1:16 pm

    Thanks a TRABILLION Nerdy!!!!

    • 53 vcprezofan2
      September 7, 2014 at 1:33 pm

      Chips, I know you’ve said your math isn’t good (and you make up numbers as you go along), so I decided to check ‘trabillion’ on the great Google research machine to verify – existed or created? That way I’d know if it’s a word to add to my personal lexicon, you know? Here’s what jumped out at me.

      “140 Characters Of Chuckles | The Obama Diary
      theobamadiary.com/2014/07/16/140-characters-of-chuckles/
      Jul 16, 2014 – A trabillion fake dollars to whoever gets this first **** … us about the importance of love, laughter, caring, and what it means to be human. I hope …”

      Not much further ahead, am I?
      😀 😀

      • September 7, 2014 at 1:43 pm

        Huh, what does Google know?

        I just searched too, and they said:

        Did you mean:

        tribillion

        travillion

        trillion

        trevillion

        No I flippin’ didn’t!1!1!

        😆

        • 55 vcprezofan2
          September 7, 2014 at 1:52 pm

          Hahaha! *belly chuckle* *belly chuckle*

          My search gave me more than one example of ‘trabillion’ being used (several at this site called ‘The Obama Diary’) so I’m all for assuming there is indeed such a word. After all, it it didn’t exist it wouldn’t have surfaced so often in ‘every day’ usage! 😀 😀

          /still chuckling heartily/

    • 56 Nerdy Wonka
      September 7, 2014 at 1:37 pm

      Anytime, Chiparooooo!

  14. 57 Ladyhawke
    September 7, 2014 at 1:16 pm

  15. September 7, 2014 at 1:20 pm

    Nice profile on Marvin Nicholson, President Obama’s body man since Reggie Love left: http://t.co/MgibvKNe7Z

    “Reggie Love, Mr. Obama’s all-purpose personal aide before Mr. Nicholson, said in a 2013 talk at the University of California, Los Angeles, that on the day that Navy SEALs killed Osama bin Laden, while most top officials were in the Situation Room, the president “was like, ‘I’m not, I’m not going to be down there, I can’t watch this entire thing.’ ” Mr. Love said the president retreated to a private dining room where he, Mr. Souza and Mr. Nicholson “must have played 15 hands, 15 games of Spades.”

    • 61 arapaho415
      September 7, 2014 at 1:40 pm

      LP, GOPers “privately hoped Obama *would* go forward with exec action on deportations before election” is as plain as the nose on your face (figure of speech only — always wanted a bigger nose, LOL).

      Just heard the “Great Vacillator” aka Marco “I’m thirsty” Rubio stumbling say just that on CBS radio network news.

      Pretty much of a word salad, but he said he’s glad PBO didn’t do an end-run against Congress, but wishes PBO had kept his word.

      LOL.

      Finally, the GOP is in PBO’s usual spot: damned if you do, damned if you don’t.

      Of course our MSM is even stupider than the GOP — their unified reporting is to plant the seed that the President can’t be trusted (with no mention at all that before Congress’ 5-week vacation that they threatened to Impeach! Sue! PBO if he had issued Executive Orders and silence on the fact that the Senate has passed CIR.

      I expected a full-on assault against PBO after Labor Day by MSM/GOP/Koch, but they’re too incompetent and idiotic to even mount a coherent attack. Teehee.

      #RopeADope

    • 63 vcprezofan2
      September 7, 2014 at 2:30 pm

      I was hoping that MIC link would have had video clips of the hypocrites at the time of the previous beheadings – it didn’t (not as far as I looked), so in a way it’s simply reinforcing the current FOX responses.

  16. September 7, 2014 at 1:29 pm

    Some people in this world are crazy !!!!!!!!!!! …..time to go watch NFL Redzone 😎

  17. September 7, 2014 at 1:29 pm

    Wow… What a post!
    This is awesome. Have tweeted, emailed, facebooked, etc.!
    The little known facts!
    We have to be our own journalists!
    Thanks you Nerdy.

  18. 67 Nena20409
    September 7, 2014 at 1:32 pm

    Hello TOD! Happy Sunday Afternoon to All.
    Great Econ Post NW.
    Being pragmatic……Dems: United you stand……in life, politics, etc. Divide, you fall, period!
    Dems since 1968 presidential elections……are still making the same mistakes. Sen Wellstone stood his grounds. Spoke his mind. Sen Kennedy did as well. Today, I don’t see Dems……standing up and pushing back.

    Get Up and Stand Up! This should be the Theme Song for Dems this Nov 2014. VOTE! VOTE! VOTE!

  19. 70 Ladyhawke
    September 7, 2014 at 1:34 pm

    • 71 Nena20409
      September 7, 2014 at 1:52 pm

      Exactly.

      Put in every issue, the GOP, Media and some Dems make is about pres Obama.

      GOP has shut the Gov’t down…..just in 2013, held the nation hostage and caused a downgrade of US…….since 2011.

      Yet…….No Organized Dem narrative to drive those for a Huge win?
      From what I have read today here and on Mediaite…….Chuck Todd on MTP was asking every question the GOP wanted asked…Golfing, JV Team, CIR, etc. Oh well…..I will not be watching. I didn’t see the need why this interview was given to Chuck Todd.

  20. 72 Nena20409
    September 7, 2014 at 1:56 pm

    So Atalanta Hawks owner has discovered Via Don Silver, that Bigotry is profitable? Wow. Slavery was very profitable for slave owners. Which Tech Billionaire is now ready to pony up 2B plus?

    Truly despicable.

  21. 73 Nena20409
    September 7, 2014 at 1:59 pm

    This why Dems need Savvy Messaging apparatus.
    How Many of our Citizens know this?

    • 74 Nena20409
      September 7, 2014 at 2:01 pm

      How many of our Fellow Citizens know that in every measurable statistic, Dems and states Run by Dems out-perform better than states in the South or controlled by the GOPers.

  22. 75 Nena20409
    September 7, 2014 at 2:04 pm

    Last week Sam Wong PhD from Princeton’s analysis was beginning to gain track……then Low and Behold, this week, NBC/Marist(sp) and CNN/ORC are now all out with polls favoring the GOPers including in FL? Next PA Gov will be in the lead too? C’mon!

    • 76 mophene
      September 7, 2014 at 3:39 pm

      Funny isn’t it? Just last week the polls here in Michigan showed the Dem candidate for Governor pulling ahead by two points. The MI GOP chair said he wasn’t worried, because the Governor would be leading again by Labor Day. If you ask me, a lot of these polls are full of sh*t. All they do is call old folks like me with landline, over and over, and over again.

  23. 77 Nena20409
    September 7, 2014 at 2:05 pm

  24. 79 hopefruit2
    September 7, 2014 at 2:08 pm

    Can I say a few words in support of DNC Chair Debbie Wasserman Schultz? I know she’s been getting some flack on Twitter and elsewhere and would just like to point out a few things if I may. 🙂

    1. DWS may not be on TV as much as we think she should be, but she’s doing a lot of work on the ground. When you are a Democrat, unless you are PBO/FLOTUS (and possibly Biden), going on cable TV is not going to get you (or the party) a lot of mileage. In 2010, the Dems who were on cable TV the most – Alan Grayson, Anthony Weiner, and Dennis Kucinich accomplished very little for the party, or for themselves for that matter. If anything, they probably cost Democrats a few seats.

    2. DWS became DNC chair in 2011, after the 2010 midterms – and since then the Dems have outperformed the R’s in EVERY election – presidential year or off-year. She also did an amazing job helping to organize the 2012 DNC convention – I thought it was even better than the 2008 convention (which was also very good)

    3. At the end of the day, my metric for assessing the effectiveness of the party’s chair is not how many TV appearances on CNN/MSNBC she/he makes, but how many elections/seats/districts/ his/her party won/lost. If we are going to judge people by their TV appearances, then we should just hand John McCain not only the DNC/RNC Chairmanship, but the Presidency as well.

    • 80 Nena20409
      September 7, 2014 at 2:14 pm

      She was just in WI last weekend or so….and for 3 days there she created a problem for the Dem gov candidate, needlessly. I don’t fault her much…..on this. I do where she isn’t utilizing….VISIBLY…..her 4 other co-chairs.

      • 81 hopefruit2
        September 7, 2014 at 2:18 pm

        How exactly did she “create a problem for the Dem gov candidate?” Please explain further.

        • 82 Nena20409
          September 7, 2014 at 2:26 pm

          Her choice of words to describe Walker’s treatment of Women…..for Wisconsinites were a tad off their Midwestern Comfort measured tone. It took attention away from the Message and she ended up walking back the words.

          • 83 hopefruit2
            September 7, 2014 at 2:53 pm

            Democrats are “offended” by harsh words against Scott Walker? And that’s supposedly creating a problem for the Dem candidate? They’re not “offended” by the uncontrolled damage that Walker has unleashed in their state? in their cities? in their Towns? The corruption he’s been involved in?

            If that’s the case, then the problem is not DWS – it’s these stupid “Democrats” who seem to be looking for every damn excuse to NOT get rid of that cancer that is Walker!

            • 84 Nena20409
              September 7, 2014 at 3:02 pm

              Yep. Remember 6-8% of Dems voted not to unseat and recall the Basta*d after all he has done.
              Dems have a big tent. But their sensibilities…..cost them in 1968, 1972, 1980. 1988, 2000, 2010…..it is this attitude that almost cost AL Franken in 2008….when then sen Obama won MN by 10% plus. It is this attitude that defeated Feingold in 2010 in WI.

              Dems need to know that Winning is Goal number ONE and Tone or Sensibilities comes after the elections.

              POTUS won Paul Ryan’s district and the district of a 2 Term Reality WI Rep. Yet those two districts have GOPers representing them today.

              • 85 hopefruit2
                September 7, 2014 at 3:29 pm

                There are certain “Dems” at the top who have mixed agendas and are quite happy with corrupt GOPers in office.

    • 86 57andfemale
      September 8, 2014 at 6:09 am

      My beef with her is that she has not improved the messaging apparatus in the DNC – Dems still need less ‘process’ soundbites and more visceral messaging. The Dem’s that do that, unfortunately, are the loose cannons who often fire their guns back at PBO. The GOP is brilliant at selling lies – DWS should have developed a more savvy PR and sell the truth with the same effectiveness. And I’m afraid I agree – the DNC chairman should be the public face of the party, and you see precious little of her.

      • 87 hopefruit2
        September 8, 2014 at 8:39 am

        57, I see what you’re saying, although I disagree that the GOP is “brilliant” in selling lies.

        First of all, the GOP owns the media – and that alone gives them a unique advantage. The media actively and deliberately buries any negative reports about the GOP, while amplifying and exaggerating the same for Dems. When you have the likes of Chuck Todd openly declaring that “it’s not my job to correct GOP lies” the problem is FAR bigger than Debbie Wasserman Schultz. People have also accused PBO and the WH of not getting out there and “controlling the message” of the media cycle, but that is extremely difficult if you are preoccupied with actually governing the the country, working on campaigns, organizing communities, etc.

        Secondly, lies are much easier to spread than the truth. The truth about complex laws and policies (like the ACA) is much harder to sell in a few soundbites and requires a deeper understanding and personal experience before people can accept it.

        Thirdly, this country has very low expectations of the GOP – it’s not clear why that is so. Again, I think that goes back to the corporate media which influences people’s thinking and information. All the GOP needs to do is obstruct, and play to the lowest common denominators of bigotry, greed and self-promotion, but the Dems have a far more difficult set of rules to follow – and the fact they’re more diverse, ethnically, racially, genderwise, age-wise etc doesn’t make things any easier.

        Despite all of that I think the Dems have made huge strides in messaging – especially with social media, Internet blogs, etc. Think back to the days of John Kerry, Al Gore and Howard Dean who were derailed by the GOP media because they did not have the benefit of social media to push back on the lies.

        And now going back to my point about the last few years with DWS at chair – Dems have outperformed the R’s at every major election since 2010. That should count for SOMETHING regardless of how often or not we see DWS. In fact I am of the opinion that this should be the metric used – because isn’t the goal at the end of the day to win more elections/seats/districts?

        • 88 57andfemale
          September 8, 2014 at 11:19 am

          I say the GOP is “brilliant” because many untruths are now accepted as conventional wisdom: “death” taxes, unions are “bad”, we’re “over-taxed”. The snow job on ACA and how ill-informed the public is – a great, depressing example.

          They own the media, yes. But I still do not see effective, visceral imagery coming from the DNC. Too eager to ‘believe’ that we are center-right (which is now John Birch Society-right). At some point, the party chair must find ways to circumvent, to get a message out that speaks to the hearts of Americans. Read George Lakoff – why DWS and Howard Dean before her did not hire this man is beyond me – who can find emotional, heartfelt soundbites and frames to all of our issues. . Therein lies my problem with the DNC leadership.

          We may be performing better since 2010, but 2010 should never have happened. I know we are a big tent, but there should be better party discipline on messaging. The GOP would never stand for these many loose cannons feeding the enemy’s memes. That rests on the party chairman. I believe DWS has the greatest of hearts and when she speaks, she’s a great advocate. But she needs an army of people with soundbites that speak to the heart and yes, even the fears. There is no excuse that after all these years, it’s barely any better. And I’m sick to death of leaving the entire job to PBO – he’s got enough to do. marshalling the support of the party is up to DWS.

  25. 89 Nena20409
    September 7, 2014 at 2:11 pm

    Dream On, lying bishop!
    You didn’t win! You lost the election!
    How Rosy Willard Mitterrand Romney wants the GOP to Draft Him? Wow! Adelaide Stevenson……? Nixon 😯 Reagan 😯 Nope. Just another bitter John McCain begging for the Elephant to Love him?

  26. September 7, 2014 at 2:18 pm

  27. 94 Nena20409
    September 7, 2014 at 2:22 pm

    As I stated yesterday…….Once this president starts sets his Focus on ISIL and the Assembled allies started decimating these Terrorist group…..watch the Media driven polls change for the better. I know that the 24/7 Media overly obsession against this president can be daunting. It can be discouraging many a times. That is why TOD is an Oasis. Coming here to voice our feelings, for me personally, it is an unbeatable and a cost saying Therapeutic Comfort Site.

    THANK YOU TOD!

  28. September 7, 2014 at 2:24 pm

    Tomorrow, Senator Reid welcomes the returning Senate #KOCHSTERS by holding a cloture vote on a Constitutional Amendment to remedy the hugely damaging SCOTUS #CitizensUnited decision. Undoubtedly, the #KOCHSTERS will block cloture. Have no doubt Senator Reid already has the ads ready to roll for the next two months making it clear that the GOP is owned by the Kochs & their fellow kleptocrats.

  29. September 7, 2014 at 2:34 pm

  30. 97 Nena20409
    September 7, 2014 at 2:38 pm

    I have not watched any of the 5 Sunday shows in ages.

    Jesse Williams is 1001% correct.

  31. 99 anniebella
    September 7, 2014 at 2:42 pm

    Meet the Press and Chucky Todd will be like Kim Kardishain and that basketball player she married. Short

    • 100 carolyn
      September 7, 2014 at 3:22 pm

      I think upchuck will have a shorter and even less successful tenure on MTP than Gregory did. In six months to a year people will be talking about the good old days when Gregory was host, like they do now with Tim Russert.

      Eventually they will be forced to put Rachel in that spot. After all the white men fail.

      • 101 0388jojothecat
        September 7, 2014 at 3:32 pm

        They will give Upchuck all the time he needs to make MTP a full laughing stock that it will over take foxx noise as the most mocked show.

  32. 102 Nena20409
    September 7, 2014 at 2:45 pm

    1652?

    Holy Smokes!
    362 yrs ago. Wow!

  33. September 7, 2014 at 2:49 pm

    Finally ….

    “Arab foreign ministers meeting in Cairo for an Arab League meeting have vowed to take all necessary measures to combat the Islamic State group while agreeing to cooperate with all international and regional efforts.

    “What is needed is a clear decision for a comprehensive confrontation, militarily and politically,” Arab League chief Nabil el-Araby said on Sunday.

    The Arab League also endorsed a UN Security Council resolution passed last month calling on member states to “act to suppress the flow of foreign fighters, financing and other support to Islamist extremist groups in Iraq and Syria”.

    El-Araby criticised infighting between Arab states which he said had led to inaction by the 22-member League.”

    http://www.aljazeera.com/news/middleeast/2014/09/arab-league-islamic-state-201497164726900705.html

    • 104 Nena20409
      September 7, 2014 at 3:12 pm

      FINALLY, Indeed!

      USA and her allies should make them pay for the Cost of all these crisis. Saudi Arabia and AEU/AUE are funding all these splinter Terror Groups.

    • 105 FoxfireTX
      September 7, 2014 at 3:54 pm

      Thanks again Bob! We have the words now we just the action. We’ll see……hopefully this gives PBO something to work with.

  34. September 7, 2014 at 2:51 pm

    Agree!!

  35. 107 Nena20409
    September 7, 2014 at 3:09 pm

    We were sitting around this AM and we were not able to understand the Media’s Obsession with JR. May she RIP.

  36. 109 desertflower
    September 7, 2014 at 3:10 pm

    http://blogs.channel4.com/snowblog/iran-begins-emerge-decades-isolation/24539

    So a charter plane carrying US military contractors en route from Afghanistan to Dubai crosses unscheduled into Iranian airspace.

    Within minutes it is revealed to be the flight-plan mistake that it is. In times that included the shooting down of an Iranian airliner by US naval forces – another accident – the consequences of Friday night’s mistake could have been a long stand-off in which passengers and crew could have found themselves political pawns.

    No longer. The plane was quickly on its way and no one the worse for wear. This is perhaps just one signal that Iran has re-entered the family of nations.

    Republicans hate him for this, too. He is taking away their boogeyman….

  37. 113 JER
    September 7, 2014 at 3:31 pm

    • 114 0388jojothecat
      September 7, 2014 at 3:54 pm

      When workers earn more the Government spends less on gov programs like food stamps, etc., and it helps people who really need it….


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