President Obama is/was a good president (economics)

You're right, we shouldn't get too off topic on how Clinton is the real cause of the housing bubble, dot com bubble and other legislation that led to the collapse. Bush was bad too with (TARP), which Obama voted for as a Senator by the way, but lets focus on Obama' s actions as a President. 1) DeficitObama played with the math. He didn't measure "half" by the last full fiscal-year deficit under President Bush, a record $438 billion in Fiscal 2008. He proposed to cut it in half from its all-time high under the Troubled Assets Relief Program — which he voted for in the Senate. He still blew it. Under Obama, the deficits set records, from $1.4 trillion in Fiscal 2009, to $1.3 trillion in Fiscal 2010 and Fiscal 2011, to $1.1 trillion in Fiscal 2012. Three years after his pledge, Obama told an Atlanta TV station, "Well, we're not there because this recession turned out to be a lot deeper than any of us realized. "I don't know where you get these silly charts but the numbers don't lie. Last year Bush in office = $438 Billion DeficitFirst year Obama in office = $1.4 TRILLION DeficitSo, yes Obama has brought it down each year, but it's still way more than Bush. I don't see how we can give him praise for running this deficit, or having a deficit at all. The fact is, he TRIPLED THE DEFICIT, and each year since has reduced it slightly, and he wants to be congratulated for that? Seriously? ?I got charts too son. . http://www.cnsnews.com...http://www.thegatewaypundit.com...2) Unemployment Mr. Obama’s claim of a robust jobless rate takes no account of the record 92.9 million Americans no longer in the labor force. The labor participation rate was 62.7 percent in December, a 38-year low that recalled the “economic malaise” of the Carter presidency. Of course the Unemployment rate is going to drop, when the workforce labor participation drops off at these rates! Time to take you back to math class! ! . http://www.washingtontimes.com...3) Job CreationAgain, many of the new jobs created here in the U. S. are low wage, part time jobs and are the least desirable among the American People. Maybe we shall focus on NET new jobs. Meaning, new jobs versus the jobs lost. Think about it, if Obama gained 15 million jobs, but lost 20 million, wouldn't that be a very bad thing? You can focus on one, without looking at the other. Looking at the chart, I sure don't see anything impressive in terms of NET new jobs from Obama. . http://www.forbes.com...http://www.newsmax.com...4. Oil Production What my opponent fails to realize is that chart includes oil production on PRIVATE LAND! That's right, Obama is taking credit for oil production that is taking place whether or not he's president. Instead lets focus on oil production that happened on FEDERAL LAND which requires obtaining permits and licenses from the federal government. Yup, looks likes its down under Obama because his harsh EPA regulations has made it quite difficult to obtain these permits to drill. Therefore, he CANNOT take any credit here either. Also is a chart of offshore oil production as well. . http://www.factcheck.org...http://freebeacon.com...5. National DebtOk, like my drill instructor always told me "let me break it down Barney style". Here's a picture for you to make it a little more simple. . http://www.theprogressivesinfluence.com...https://lexingtonlibertarian.wordpress.com...Back to you Pro