Easily Obtainable Data Destroys Fox News' Fantasy World

Yesterday I made my journey to the Republican Fantasy World to get a glimpse of how things are going for the people who believe Iraq had something to do with 9/11 and that George Bush was a popular president.  Let me just say I wasn't surprised in the least.

Their big story was what they believed was a huge Obama flip flop on turning the economy around.  As only Fox News could:

The president has long been making the case that he just needs more time to finish the job he started. At an August 2011 fundraiser, he said: "When I said change we can believe in, I didn't say change we can believe in tomorrow." 

The claim, though, that "we knew from the beginning" it would take more than one term is a departure from what Obama told NBC's Matt Lauer in February 2009. At the time, Obama said, "A year from now, I think people are going to see that we're starting to make some progress, but there's still going to be some pain out there. If I don't have this done in three years, then there's going to be a one-term proposition."

So in February 2009 President Obama told Matt Lauer that if by 2010 people don't start seeing some progress being made in the economy and if for sure in three years progress hasn't been made then there will be a proposition made of a one-term president. This is proof to Fox News and Republican voters that Obama said himself he should only have one-term and deserves not one more day to continue his policies because in their world things are worse.  Actually in their world, things are the worst they have ever been and we are on the verge of economic collapse.

Economic data, however, suggests the complete opposite of what Fox News is reporting.

Since Obama made those comments to Matt Lauer in Feb. 2009:

*the unemployment rate has fallen from 8.3% to 7.9%.  That's progress.

*the Dow has increased 6,200 points or 85%.  That's the largest gain in the Dow since FDR.  That's progress.

*GDP has risen 28.2% to an all time high.  That's progress!

*corporate profits are at their highest point in history.  Dare I say PROGRESS?

*And the deficit is smaller now than when Obama took office.

Obama has turned the economy around.  It's plain as day.  There's not one single economic indicator that isn't better now than when Obama took office.  To deny this is to deny reality.  And that's exactly what Fox News is doing.  They want their viewers to believe that things are no better or are worse off than February 2009.  There's not one single ounce of truth to such a notion, however.  Anyone who breathes oxygen can easily see that Fox News has a vested interest in lying to its viewers and creating a Fantasy World for them to exist with their own set of made up facts.

The president absolutely lived up to what he told Matt Lauer in February 2009. Progress has been made.  The economy has definitely turned around.  Things are better now than in February 2009, by a long shot actually.

*Update:

I drew a picture to help those who still can't comprehend.

**Update:

To see just how bad things were in February 2009 check this Free Enterprise post out. Consumer confidence was at 37.7 it's worst measure ever at that time.  Today it's almost doubled to 72.2, its best measure in 4 years.

New home sales decreased 15% to 331,000 units.  Today new home sales are at 389,000, up 15% since February 2009.

Again, just more data proving progress has been made since Obama's Matt Lauer interview in February 2009.  It would take an idiot to suggest otherwise.  Or someone who refuses to live in reality, which would be idiotic in every sense of the word.