Economic growth: The Obama economy has grown about 2% a year. That’s decent, but the pre-recession average is over 3%. OK story.
Stocks: Obama has delivered a bull market for stocks. The Dow and S&P 500 are at record highs and the Nasdaq (the tech heavy index) is above its Dot-com era peak. Great story.
**Worker pay: **The typical American family brings home just shy of $54,000 a year, almost exactly the same as 20 years ago (once you adjust for inflation). Wage growth has been very low under Obama. It’s the “missing piece” of the recovery. Not good.
**Housing: **Home prices have finally recovered to their pre-crash (2005) highs. The median price is now $231,000. Good story, finally.
Student debt: 70% of students graduate college with debt. The average student leaves with nearly $29,000 in debt (versus about $20,000 a decade ago). Worrisome.
Government debt: Government debt has nearly doubled under Obama from $10 trillion to $19 trillion. Concerning.
Gas prices: American oil production is at a 43-year high. Gas prices are at the very cheap rate of $2.15 a gallon. Great story.
Interesting article, read the rest: