The unemployment rate has improved significantly, from 7.8 percent at Obama’s January 20, 2009, inauguration to 5.0 percent in April.
However, as more and more Americans stop looking for work, the Labor Force Participation Rate on Obama’s watch has fallen from 65.7 percent to 62.8 percent, a level last measured before Obama in March 1978. Since Obama took office, this metric has slid 4.1 percent.
Meanwhile, annualized GDP growth nearly stalled in the first quarter at a meager 0.5 percent. This is down from already tepid 1.4 percent growth in the fourth quarter of 2015. Obama is the only U.S. chief executive in history not to preside over even a single year with 3 percent GDP growth, as the Institute for Policy Innovation’s Tom Giovanetti observes: ‘From 1790 to 2000, U.S. real GDP growth averaged 3.79 percent,’
During the Obama years, the number of Americans below the poverty line is up 3.5 percent.
Real median household income: down 2.3 percent.
Americans on Food Stamps — 33 million then, 46 million now: up 39.5 percent.
Americans who own homes: down 5.6 percent.
National debt — $10.63 trillion then vs. $19.19 trillion last Wednesday: up 80.5 percent.
http://www.nationalreview.com/article/435093/barack-obama-economy-jobs-ugly-truth