Latest statistics show stagnant wages, persistent long-term joblessness, soaring profits and stock prices, and moderating health care spending.
Q: Who are the holders of U.S. debt?
A: The biggest are the Social Security trust funds (16 percent), the Federal Reserve banks (12 percent), China (8 percent), Japan (7 percent) and mutual funds including money-market funds (6 percent).
President Obama says failing to raise the debt limit will “force the United States to default on its obligations.” Sen. Rand Paul contends “there’s no reason for us to default.” Who’s right?
This is another in our series of regular quarterly updates of key statistical indicators of the Obama presidency. Our intent is to provide accurate measures of what’s changed — for better or worse — since Obama first took office in January 2009.
A conservative group misleadingly claims Sen. Mitch McConnell “funded the implementation of Obamacare.” McConnell voted to fund the government — including the department responsible for the Affordable Care Act.
Reviewing some key statistical measures of Barack Obama’s presidency so far, we find: The economy has added more jobs since Obama took office than it did in his predecessor’s entire eight years in office. Despite the improved economy, the number of people receiving food-stamp assistance has continued to grow …