The Motley Fool says there are 19 reasons to be optimistic about the economic future of the United States. A link is provided below. The Motley fool is an investment advisory and information service and a nonpartisan organization. In the article, there is no mention of the presidential election or any partisan issues. These and other advisory organizations on the Internet have noted the aspects contained herein within the economy are all excellent indicators that we are moving in the right direction. And this movement is despite the obstructionism of the GOP, including denying our veterans of war jobs when they return. Republicans, start weeping.
1. Crude oil production is at a 15 year high
2. Natural gas production is at its highest level ever
3. Shale oil production in Texas has increased more than 10 times under Obama
4. Oil imports have dropped for the first time in decades
5. Another method to analyze oil imports
6. The United States now exports more petroleum products then it imports since the 1940s
7. Net imports are moving down and in the right direction under Obama
8. Nearly 40,000 new jobs have been created in oil and gas extraction under Obama
9. Housing debt payments as a ratio of income is at an 18 year low
10. Including private and public debt throughout the economy, as a share of GDP is falling for the first time in decades. An absolute fact.
11. Manufacturing growing under Obama and we are still the number one manufacturer in the world
12. We are the number one manufacturer in the world based on hourly production
13. New housing starts are moving up quickly after falling dramatically under George Bush
14. New unemployment claims are below the long-term average
15. Another method of viewing the current employment conditions
16. And don’t let the Republicans fool you. Healthcare expenditure growth is at a 50 year low and declining. Just the facts Republicans don’t want you to know.
17. Pvt. investment is currently booming and moving up
18. Real exports of goods and services continue to rise
19. We have one of the youngest populations in the developing world which has several positive ramifications
R.J. Intindola