Obama was terrible for economic growth

Discussion in 'Current Events' started by Steve N, Apr 2, 2017.

  1. Ph3iron

    Ph3iron Banned

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    Ah, ohbarry.
    Why don't you have some gonads and cal him an uppity nixxer.
    Read cross check? Guess not
     
  2. ButterBalls

    ButterBalls Well-Known Member

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    Well I have done just fine a non-betting guy :) White boys dreaming of the 50's AND lynching, dang, you go right for the racial stuff and gonads huh? Now I have a better understanding why you can't even get along with yourself :roflol:
     
  3. Ph3iron

    Ph3iron Banned

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    Never, I'm a filthy rich corporatist who voted for Don the con. I know which side my bread is buttered
    Glad to see screwing the poor uneducated believers will keep going on.
    They still believe in the USA WWII Nazi lindebergh group "America First"
    Whatever that means!!
    And Don spouts it and doesn't know the history
    Slavery? Lynchings? White supremacy?
    Love it
     
  4. ButterBalls

    ButterBalls Well-Known Member

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    What's up? I thought you had gonads, now you can't actually go correct spelling, I bet that just frosts yer balls being held to a standard huh :)
     
  5. ButterBalls

    ButterBalls Well-Known Member

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    Yes you are, it's noticeable! I told myself, self, this poster reminds me of some really rich guy, most likely a corporatist, that is just breezing thru to demonstrate his entertaining way of arguing with his self to relieve the daily stress of counting money! I was never fooled ;)
     
  6. Ph3iron

    Ph3iron Banned

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    Really? PHD in psychiatry?
    This world travel and vacation homes really corrupts one. And as an Obama once married, great successful kids and I just can't get along with myself. Hilarious
    Seriously Are you not doing better than ever? Why the whining?
    Please tell.
    nothing better to do, than sucking off benefits posting.
    I wonder how many posters are on SS, MEDICARE, va?
     
  7. Ph3iron

    Ph3iron Banned

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    A hoot, there's nothing more dangerous than a man with no doubts!!
    Yup just like the rest, too much time sucking on my socialist benefits.
    You? You never say!!!
     
  8. Ph3iron

    Ph3iron Banned

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    I have a more intellectual afternoon, watching judge judy and Mhz.
    So when 95% of the counties are red, who are we going to blame??
    Not the uppity nixxer again surely.
    Good night and good luck
    Thanks for my pm entertainment. My oz friends appreciate it.
     
  9. Jiminy

    Jiminy Well-Known Member

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    upload_2017-4-24_12-41-24.png
    2012 election map by population rather than by miles of empty spaces.
     
  10. Chuck711

    Chuck711 Well-Known Member

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    Take a moment and take this in" the worst downturn since the depression" . Comprehend this words" the worst downturn since the depression".

    President Obama created 11.3 million Jobs and unemployment was at 4.6 %

    ( and to give credit ) He did have republican support for the early job bills in his presidency.

    Alternative Facts -- Just the Facts please !!

    Facts :

    Dow Jones 7.949 in 2009 When Obama Left office 19,170
    GDP in 2009 minus 5.4 % When Obama Left office + 2.5
    Median House Hold Income in 2009 $ 54,988 When Obama Left office $56,516

    From 2009 -2016 The USA has doing better financially than all other G8 Countries in GDP ( most others around 1.5 % ) 2016 USA 2.5 % GDP

    Thank You President Obama

    Just the Facts Look it up for yourself
     
  11. Kode

    Kode Well-Known Member

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  12. Bluesguy

    Bluesguy Well-Known Member Donor

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  13. Merwen

    Merwen Well-Known Member

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    To be fair, IMO Bush was worse. The laws preventing bank excesses were repealed during his administration, weren't they?
     
    Mr_Truth likes this.
  14. dairyair

    dairyair Well-Known Member

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    I didn't. I gave another link.
    Please give a link that showed real wages increasing passed 04. My other link did. 2011.


    http://www.pewresearch.org/fact-tan...rs-real-wages-have-barely-budged-for-decades/

    Real wages have gone up a whopping $1.50 in 50 yrs.
    There looks to be a blip up around 2011. Who was president in 2011?

    From the post you didn't bother to read the whole thing. So disingenous.
    Will you run to the mods again?
     
    Last edited: Apr 24, 2017
  15. dairyair

    dairyair Well-Known Member

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    Actually, Glas-Stegal was done by Newt and Clinton. That was the beginning of the end. And pushed the country back to what cause the great depression.
    We were sold out by both parties.
     
  16. dairyair

    dairyair Well-Known Member

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    I gave links. You gave false, disinformation, and baseless opinions.
    Please give 1 single line to anything you claim. Just 1.

    Your claim, obama the worst recovery in history. I've shown you the bush debacle. You've shown nothing. Not 1 single think to back up your disingenuous claims.

    Here come the mods.
     
    Last edited: Apr 24, 2017
  17. Distraff

    Distraff Well-Known Member

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    Before the recession started were 138 million jobs. When Obama took office there were 134 million. The job number bottomed out at 130 million so the economy lost 8 million jobs. About 7 years after the bottom and 8 years after Obama took office there are 145.5 million jobs. So from the bottom of the recession 15.5 million jobs were created over 7 years which is about 2.2 million jobs per year or 185,000 per month during the recovery.

    However for other presidents we also include bad economic times as well to factor in the net job growth for the president. So lets measure from when Obama took office instead of the bottom of the recession. Its now only 11.5 million jobs over 8 years which is only 1.45 million per year or 120,000 per month.

    When you look at our economy compared to 2008 9 years ago we have gained only 7.5 million jobs over 9 years or 850,000 jobs per year or only 70,000 jobs per month. The adult population then was 230 million, now it is 246 million so the population has grown by 16 million but the jobs by only 7.5 million. This shows that after 8 years of Obama we haven't even come close to recovering.
    [​IMG]

    The problem is that this very small monthly jobs growth is barely enough to keep up with population growth and is the result of the national increase of the population not a strong recovery. In fact recessions tend to result in faster jobs growth than normal as the economy bounces back to normal levels. But in Obama's case there was no real jobs growth and when you look at workforce participation rate, or the percent of the population with real jobs, its still close to where it was at the worst parts of the recession.

    Before the recession it was 66.5%. When Obama took office it was 65.75%. At the worst part of the recession it was 64.75%. It bottomed out at 62.5% in late 2015 and now is 63%.
    [​IMG]
    https://data.bls.gov/timeseries/LNS11300000

    However when you look at Ronald Reagan workforce participation increased from 64% when he took office and 63.5% at the worst parts to 66.5% kind of the opposite of Obama.
    [​IMG]
     
  18. dairyair

    dairyair Well-Known Member

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    Were mfg jobs shifted out of country in the 80s?
    Was the economy based on a housing bubble in the 80s?
    Wasn't the 80s recession due to a housing bust?
    What jobs were there to recover in 2009 and beyond? What was the base of the economy?
    MFG jobs were gone. Housing, just busted. Where did you want growth to materialize from?
     
  19. Mr_Truth

    Mr_Truth Well-Known Member

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    Obama was the greatest president we have had since Clinton.

    As usual, the Democrats create FAR more jobs while the Republicans create recession and imperialist wars: NONE DARE CALL IT TREASON
     
  20. Distraff

    Distraff Well-Known Member

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    There of course are many reasons rather than just the president for the economy being the way it is. However, its undeniable that job growth was much better under Reagan than Obama.
     
    Last edited: Apr 25, 2017
  21. dairyair

    dairyair Well-Known Member

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    To be fair, the R' haven't put us into war in 99 days.
    Although, Islam doesn't appear to be enough, we will bomb and send troops to NK very soon. Can't have to many wars going at once for the R's.
     
  22. dairyair

    dairyair Well-Known Member

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    So? The economy and our job market were completely different.
    Was Mexico and China taking most of our mfg jobs in the 80s? Or did those jobs leaving not really have an impact?
    Where do you see job growth happening after 08?
     
  23. rahl

    rahl Banned

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    nothing is wrong in my post..............
    Sorry.
     
  24. Bluesguy

    Bluesguy Well-Known Member Donor

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    Nope you cut off your numbers at 2004 as the economy went into its strong recovery. When all your are left with is cherry picked numbers you ain't got anything.
     
    Last edited: Apr 25, 2017
  25. Bluesguy

    Bluesguy Well-Known Member Donor

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    That is totally false.
     

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