Economic changes since obama took office image - United States of America

After all he controls the entire economy at will correct? not like anyone else is responsible... AKA its all of our ******* fault so stop blaming him.

Non-sequitur. Your chart is just about the debt ceiling, an arbitrary borrowing limit. Clinton borrowed a ton of money during his presidency, but promptly turned around and reinvested it into the economy, which is why there was a surplus; the strength of the economy is dictated not by the amount of money but by it's velocity. Any economics student will tell you that you need money to make money, and that borrowing money and spending it on things that will make you money in the long run is how you get rich. Spending money only on the basic necessities means you eventually run out of money. Investing that money into business and infrastructure means that the money you spent comes back to you. This is what Clinton did and what Obama tried to do before the House Republicans got on the kick of voting against even the plans they themselves proposed if the PotUS backed them.

By contrast, the Bushs and Reagan paid for several massive wars/Cold War spending and tax cuts to the wealthy with a Chinese credit card, flooding the market with stagnant money that couldn't be reinvested, causing a market collapse and leading to the current economic woes. Rather than putting the money towards ensuring the health of the populace, the security of jobs, or the creation of public infrastructure that private business could use, he allowed jobs to be shipped overseas because it was a cheaper solution for corporate interests in the short term, though it destroyed the job market in the States, while blowing tax money on military hardware. When you drop a 10,000 dollar bomb, that money is gone for good. When you spend that 10,000 dollars on a road, it opens up new economic possibilities for an area.

I wonder. When Republicans play Sim City, do they just sit on the empty land at the start of the game, staring at their starting funds and thinking about how, if they never spend it, they'll always be rich? 'Cause it's a great strategy, except that at the end of the game, there's still no city.

So lowering taxes for the people who can afford them is now the best thing to do? They keep on arguing and pushing, they never stand back and give someone else a chance to voice their opinion, their fascists.

Why is this relevant? I was talking about full capitalism, not which president broke it.

Unemployment has always been nearly double the reported number due to the way it's recorded by your government. It's not a new thing with the Obama administration.