In response to:

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

Rich D. Wrote: Oct 15, 2012 5:52 PM
RightStuff: "Anyone who invested $10,000 in the stock market when obama took office will now have around $20,000. Doubling your money in less than 4 years. Outstanding!!!!" --- Anybody who had $10K in when the Dems took over in 2007 lost over half of it in two years. They still control the Senate and have blocked reform and have failed to produce the Constitutionally required budget. The market (S&P500) is still below the Republican peak. So much for "Figures don't lie, but liars figure." It's 1440 now and was 1500 then, so you had a five-year dollar loss of 4% not counting inflation. Yeah, outstanding - CPI went from 202 to 226 and is now 230 (Aug) for a net loss of 14% (1440/1500 * 202/226 = .858). Before the Rep house, the loss was 22.5%

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...