$12.3 trillion of QE has added up to...this?

Interesting article on QE

Central banks have been pumping money into the global economy without a whole lot to show for it other than sharply higher stock prices, and even that has been on the downturn for the past year.

Growth remains anemic, and worries are escalating that the U.S. and the rest of the world are on the brink of a recession, despite bargain-basement interest rates and trillions in liquidity.

It's all part of a phenomenon that Michael Hartnett, chief investment strategist at Bank of America Merrill Lynch, terms "quantitative failure," or the flip side of the quantitative easing policy the Fed and others have been employing to stimulate growth.


https://www.cnbc.com/2016/02/12/123-trillion-of-qe-has-added-up-tothis.html

Everything one needs to know about Quantitative Easing:

Quantitive Easing for Dummies

It sounds funny, . . . but it's true, . . . all of it.

Obama paints a pretty picture for employment and the wealth of our economy. But yet, his Fed Funds leader Janet Yellen is painting a very different picture. I am guessing sadly Yellen is probably correct and our leader is once again "misleading". Can we just get to 2017 and toss this President out!

Glad to see that Hillary is clinging to Obama and referring to his 7 years of success. Economy heading down, let's see how long she keeps bringing his name into her debates?

0.5% GDP growth in q1. That means in the last 6 months of obama's economy the GDP growth is about 1%. I believe in his 7+ years the Gdp growth may be less than 2%, possibly the lowest in decades.

Its not the Fed's duty to create jobs and fuel the economy but they have no choice. The people responsible for addressing these issues (Congress) have an unimpressive list of contributions since 2010, including:
- a massive spending sequestor
- government shutdowns.
- 50+ votes to kill Obamacare
- looking for Bigfoot in Bengazhi
- Holding Kangaroo court trials over Hillary's emails

And yet unemployment still managed to fall under 5%. But then again - Food stamps! (enter Hoops)

People can speculate how much more economic activity we would have if we invested in our own infrastructure instead of the Middle East's - or if we charged Paris Hilton the same tax rate as your average worker in exchange for a new electric grid. But that would require a Congress thats more interested in the economy than fueling conspiracy theories. Lets hope we get better people in the next election.

Oh, and don't take my word for it. Ask the economic advisor of the current Republican frontrunner:

Icahn: Republicans dont understand the economy and its killing the country

"The Republican party that I used to be more sympathetic with — I'm right in the middle now, although as you know I'm for Trump — but what I would say is Congress is in this massive gridlock," he said, explaining that the Republican-controlled Congress is "obsessed with this deficit to a point that I think it's almost pathological."

The result of this gridlock and a lack of fiscal stimulus has been that the Federal Reserve has been forced to keep interest rates low, and that has created "tremendous bubbles" and "the wealth gap."

In other words, "How I quit fearing the debt as well as the economy and learned to start loving the fed"

That Icahn article is interesting. I might be able to vote for Trump if he advocates those polices Icahn is supporting.

Trillion dollar deficits & headed back up to that level

Dodd-Frank which has limited loans

obamacare

A general climate of anti business from the EPA and other agencies

Normally 5% unemployment would indicate a strong economy, but most of the new jobs are low wage jobs which
has resulted in a decline in household income.

The key reason for the 5% rate is the decline in the workforce participation rate. If the participation had
remained at the level of of President Bush the unemployment rate would be pushing 10%.

A 50% increase in food stamps indicates a weak economy; thanks pj for pointing that out.

At the end of the day obama has presided over one of the weakest economic 8 year periods.

Sadly, we don't have a village idiot. We have become a village of idiots. JMHO.