In response to:

Michelle Obama: We're in the Middle of a Huge Recovery

Jay Wye Wrote: Oct 15, 2012 5:54 PM
what "stuffed" wrote is a LIE,because anyone with a private retirement account LOST value under Comrade Obama. Those are investments too. I'm certain that -my- IRA didn't double in value since Comrade Obama took office.
MacQ - Texas Wrote: Oct 15, 2012 6:04 PM
Nope--she's just making stuff up.
MacQ - Texas Wrote: Oct 15, 2012 6:04 PM
What actually happened is that investments fell by about half, and have recovered to about where they were before (translation: money was LOST).
Luscious Lars Wrote: Oct 15, 2012 6:00 PM
Mine either. It's stayed about the same level ever since he came into office and I have a managed IRA with a very renowned investment company. Since the rich guys know how to get rich and avoid taxes and all, you'd think all managed retirement accounts would have more than doubled if what stuffy claims is all about reality. He's taking one number and making some BIG F'en jumps t conclusions that are way off base with respect to reality.

Are we? During a radio interview last week with a local D.C. hip hop station, First Lady Michelle Obama claimed we are in a "huge recovery."

Reality check: Under Barack Obama, the unemployment rate was above 8.1 percent for 42 months. The current unemployment rate of 7.9 percent is a result of more people giving up the search for job, not a result of more people being employed. Not to mention, 7.9 percent was the unemployment rate when Barack Obama was inaugurated in 2009 and...