{"id":983,"date":"2012-10-19T08:27:52","date_gmt":"2012-10-19T14:27:52","guid":{"rendered":"http:\/\/www.patheos.com\/blogs\/paperbacktheology\/?p=983"},"modified":"2012-10-19T08:27:52","modified_gmt":"2012-10-19T14:27:52","slug":"should-president-obama-lose-this-election-because-of-the-economy","status":"publish","type":"post","link":"https:\/\/www.patheos.com\/blogs\/paperbacktheology\/2012\/10\/should-president-obama-lose-this-election-because-of-the-economy.html","title":{"rendered":"Should President Obama Lose This Election Because of the Economy?"},"content":{"rendered":"\n<\/head>

\"\"<\/a>
In 2008 when Obama took office, the economy was in a free-fall. By 2009 the fall was over and things turned the other direction. The slight plateau in 2010 was caused both by the debt ceiling crisis, and the European Financial Crisis. Even still the economy continues to grow.<\/figcaption><\/figure>\n<\/p>

In this election cycle we\u2019ve heard a lot about the economy. Republicans have made the lack of jobs the center of their campaign strategy. R\u2019s spend much of their time convincing everyone the economy is terrible and the president is to blame. D\u2019s have run on the narrative that the stimulus bill kept America from the Great Depression 2.0, things are steadily getting better, but they need more time to work their plans.<\/p>\n

What\u2019s really going on?\u00a0It\u2019s not a short answer, and one of my chief frustrations is the inability of the normal workaday person to really understand the financial meltdown and all that happened after it. Unless you read the news all along, how do you catch up?<\/p>\n

Yesterday I found a concise and informative info-graphic that can tell you the story of the U.S. economy for the past 5 years quickly and easily. If you read this it will help you to understand what really happened and thus not fall for the spin from the left or the right. Reading this could be the best 10 minutes you\u2019ll spend this election season. I\u2019ve done a summary here, but I highly recommend reading the entire infographic at good.is.<\/a><\/p>\n

THE BOOM<\/strong>
\nIn 2007 the economy was booming and everyone was confident \u2013 overconfident as it turns out. Investors and financial gurus were ignoring key data.<\/p>\n