Who stole Life, Liberty and the Pursuit of Happiness?

The LACK of any substantiation is glaringly obvious by it's ABSENCE!

 

Nailed it!

 

Thank you for that insight. Moi!

 

Seems to me, that's what we did over two years ago. Liberal policies of high taxes and record regulations only drove our good jobs off shore.

Blue-collar jobs are growing at their fastest rate in more than 30 years, helping fuel a hiring boom in many small towns and rural areas that are strong supporters of President Trump ahead of November's mid-term elections.


Jobs in goods-producing industries — mining, construction, and manufacturing — grew 3.3 percent in the year preceding July, the best rate since 1984, according to a Washington Post analysis.

Blue collar jobs, long a small and shrinking part of the U.S. Economy, are now growing at a faster clip than those in America's much larger service economy. Many factors collided to produce the blue collar boom. Some are tied to short-term boom-and-bust cycles, but others may endure. https://www.msn.com/en-us/news/msn/under-trump-the-jobs-boom-has-finally-
Reached-blue-collar-workers-will-it-last/AR-BBN5wLL

Now compare that to the jobs Obama left us with

• Recovery Has Created Far More Low-Wage Jobs Than Better-Paid ...
  www.nytimes.com/2014/04/28/business/economy/...
  Apr 27, 2014 · Economy Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones

• How good were the 10.9 million jobs under Obama?
  Money.CNN.com/2016/11/04/news/economy/jobs-under-obama/...
  Nov 03, 2016 · CNNMoney breaks down what kinds of jobs have been created and ... Almost all of the job gains under President Obama have been in so-called service jobs,

The deep recession wiped out primarily high-wage and middle-wage jobs. Yet the strongest employment growth during the sluggish recovery has been in low-wage work, at places like strip malls and fast-food restaurants.

In essence, the poor economy has replaced good jobs with bad ones. That is the conclusion of a new report from the National Employment Law Project, a research and advocacy group, analyzing employment trends four years into the recovery.

“Fast food is driving the bulk of the job growth at the low end — the job gains there are absolutely phenomenal,” said Michael Evangelist, the report’s author. “If this is the reality — if these jobs are here to stay and are going to be making up a considerable part of the economy — the question is, how do we make them better?”

The report shows that total employment has finally surpassed its pre-recession level. “The good news is we’re back to zero,” Mr. Evangelist said.

But job losses and gains have been skewed. Higher-wage industries — like accounting and legal work — shed 3.6 million positions during the recession and have added only 2.6 million positions during the recovery. But lower-wage industries lost two million jobs, then added 3.8 million.
HTTPS://www.nytimes.com/…/recovery-has-created-far-more-low…
77 percent of 2013 jobs were part-time positions ...
https://www.washingtontimes.com/news/2013/aug/2/part-timer-nation...
Aug 02, 2013 · Fully 77 percent of positions added to the market in 2013 have been part-time, in contrast to the positive economic news making the media rounds, according to payroll reports released in recent weeks.

"There are now 1.2 million fewer jobs in mid- and higher-wage industries than there were before the Great Recession, according to data from the National Employment Law Project. In contrast, there are 2.3 million more jobs in lower-wage sectors than before the recession," according to CNBC. Nor is there the hoped-for renaissance in American manufacturing. We have some 300,000 fewer manufacturing jobs since President Barack Obama took office and 1.5 million jobs below the pre-recession level.



https://www.usnews.com/news/the-report/articles/2015/08/23/the-part-time-economic-recovery

1. No, Obama, you presided over a loss of manufacturing jobs ...
   https://www.washingtontimes.com/.../30/no-obama-you-presided-over-loss-manufacturing-jobs
   Nov 30, 2016 · Moreover, in his 2012 re-election campaign, Mr. Obama promised to create 1 million new manufacturing jobs by the end of this year, and said he was working to double American exports over …
   
   • Author: Kelly Riddell
2. 312,000 Jobs Added In December, Manufacturing Growing 714% ...
   https://www.forbes.com/sites/chuckdevore/2019/01/04/312000-jobs-added-in-december...
   Jan 04, 2019 · Under Obama, federal state and local government employment grew 6 times faster than did manufacturing jobs, while under Trump, that ratio has been reversed, with manufacturing jobs growing 5 times ...
   
   • Author: Chuck Devore

 

While Obama was trying to build an economy with better paying jobs, your two biggest Blue states, NY and California we hiring the Chinese to build their roads and bridges, using Chinese help and Chinese steel.

https://abcnews.go.com/WNT/video/us-bridges-roads-built-chinese-firms-14594513

 

What was it that made the big difference in Obama's and Trump's economy. What chased our good jobs away and brought the good jobs back?



In a race to the finish, Obama administration presses ahead ...
www.washingtonpost.com/politics/in-a-race-to-the...

• Cached

As the future Trump administration begins to take shape, the Obama White House is engaged in a frenzied, final effort to put in place as many new rules and regulations as time allows.



20,642 New Regulations Added in the Obama Presidency
www.dailysignal.com/2016/05/23/20642-new...

• Cached

More than $22 billion per year in new regulatory costs were imposed on Americans last year, pushing the total burden for the Obama years to exceed $100 billion annually.



The U.S. Has the Highest Corporate Income Tax Rate in the ...
https://taxfoundation.org/us-has-highest-corporate-income-tax-rate-oecd
In today’s globalized world, U.S. Corporations are increasingly at a competitive disadvantage. They currently face the highest statutory corporate income tax rate in the world at 39.1 percent. This overall rate is a combination of our 35 percent federal rate and the average rate levied by U.S. States.

 

That's because average recipient is Making 30 grand a year at his job...

 

Why are you IGNORING the FACT that it was the Republican/Libertarian FISCAL MALFEASANCE policies that BENEFITED the Wall Street Casino Bosses that CAUSED the 2008 economic collapse AND all of those jobs to be off shored IN THE FIRST PLACE?

 

What is the Left running on to change this economy Trump is building? Raise taxes and regulations again. Flood America with illegals who will steal jobs and work for less, thus holding down wages and putting a burden on our welfare system. We are already spending 100 billion a year serving those illegals who are already here. They want free health care and free college. Reparations to Blacks who were never slaves. Help for the families of our First Responders on 9/11. Where is all this money going to come from?

On top of that, they seem to want to do away with the rule of law. They say no one is above the law, but are constantly breaking it themselves. They go from one extreme to another. From secure borders to open borders. From strong police presence, to holding back and doing nothing. We have Biden calling for the release of over 50% of the prison population. Other Democrats calling not only for the elimination of ICE, but also Homeland Security. Now you want people to vote Blue, WHY?

 

Your rightwing source has ZERO CREDIBILITY!

https://en.wikipedia.org/wiki/Tax_Foundation#Ideology

https://krugman.blogs.nytimes.com/2011/10/11/stocks-flows-and-fuzzy-math/

 

Off topic!

Open your own thread if you want to discuss those OTHER SUBJECTS.

They have NOTHING WHATSOEVER to do with the OP which is about the impoverishing We the People through DEBT and the GREED of the Wall Street Casino Bosses.

 

Further, average, as applied to welfare is an essentially meaningless term because it's on a sliding scale the more you make the less you get. The wife's meds she has to take since her stroke are probably more than that average figure you quoted and being a card carrying Cherokee Indian she pays nothing for them.

By the way your math is off substantially that 45k is less than five times not nine times your average number.

Last time I checked you still qualified for food stamps at about 35 k a year. That was over ten years ago. The little known s-chip program helps with children's medical for families making as much as 80k a year.

 

Sorry, it was the housing fiasco that caused the collapse of the economy. Forcing banks to lend money to the poor for homes they couldn't afford. Buying up homes and flipping them, lenders buying up bad loans, bundling them and selling them off. Interest rates rising. But that doesn't take away from the bad policies of the Democrats that some how thought they could bring the economy back by having the highest corporate tax and record regulations. They still are talking of doing the same thing if they get back in.It shouldn't take a rocket scientist to see this economy came back by reversing Liberal policies.

 

And you think krugman is a reliable source now that's funny.

 

Not really off target. Your trying to talk people into voting Blue to bring back the economy that's already back and getting stronger. The policies of the Left will do nothing to make it better, only make it worse.

 

I can show you a half dozen articles that talk of a similar economy. Blacks, Hispanics and Asians have all seen the lowest unemployment ever, or in decades. Manufacturing is coming back strong when many economist was saying we must get use to a service economy.

 

That extremist rightwing DISINFORMATION has already been DEBUNKED umpteen times so regurgitating it only harms your own credibility.

 

It's your Party that fought regulations.

 

BUSH ADMINISTRATION PROVIDES HOMEBUYERS NEW PROTECTION FROM PREDATORY LENDING PRACTICE
New "Anti-Flipping" Rule Holds Lenders, Sellers and Appraisers Accountable
WASHINGTON - Housing and Urban Development Secretary Mel Martinez today announced a new initiative in the Bush Administration's efforts to crack down on predatory lending. HUD published a final rule today in the Federal Register addressing property "flipping" on mortgages insured by the Federal Housing Administration (FHA).

Property "flipping" occurs when a recently acquired property is resold for a considerable profit with an artificially inflated value.

"The Bush Administration is committed to maintaining a strong housing market in which consumers can feel confident that they are protected from unscrupulous practices," Martinez said. "This final rule represents a major step in our efforts to eliminate predatory lending practices."

Predatory lending results when home purchasers become unwitting victims of lenders, sellers and appraisers, often working together. The unsuspecting homebuyers either purchase homes with sales prices far in excess of the fair market value, or are substantially overcharged with costs associated with obtaining a mortgage.

The final rule, "FR-4615 Prohibition of Property Flipping in HUD's Single Family Mortgage Insurance Programs," makes recently flipped properties ineligible for FHA mortgage insurance. It also allows FHA to better manage its insurance risk by requiring additional support for a property's value when a significant increase between sales occurs. Features include:

Sale by Owner of Record: Only the owner of record may sell a home to an individual who will obtain FHA mortgage insurance for the loan; it may not involve any sale or assignment of the sales contract, a procedure often observed when the homebuyer is determined to have been a victim of predatory practices.

https://archives.hud.gov/news/2003/pr03-055.cfm

 

Bush Administration Tried to Reform Freddie and Fannie ...
https://www.cnsnews.com/news/article/bush-administration-tried-reform-freddie-and...
Bush Administration Tried to Reform Freddie and Fannie Five Years Ago. The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting...

 

None of that has anything to do with the fact you want people to vote for Liberal policies that created the worse recovery on record. To reverse what Trump has done that brought back one of the strongest economies this country has seen in decades.

 

The only thing Trump is building is a house of cards, which will predictably collapse, just like the previous tax-cut-induced GOP expansions of the past.

The tax giveaways for the rich are not being invested. The tax cut peanuts the average folk received are spurring on another consumer borrowing binge, which is the real reason the average folk feel that the economy is good. It's like giving a diabetic some more sugar when he already is on a sugar high. The resulting crash will be all the more dramatic. When (not if) that crash happens, the wealthy will buy distressed assets for pennies to the dollar, enriching them even further. Mission accomplished.

In the next downturn, the unpaid-for tax cuts will have racked up trillions more in public debt, severely restricting the ability of the government to respond. Then, the GOP will also call for austerity, making the crash much worse. Typical GOP whiplash economic policy: Amplify the lows and the highs of the private sector by public policy, instead of the actual role of the government to smooth them out.

 

There will be a down turn in the economy. There always is. But it's what kind of shape will we be in when it comes. If we are already weak, it could be a big long hurt. If we are strong, it won't be as bad and Trump is building a strong, diverse economy. Not one built on service and part times jobs as those built on Obama's policies.

 

If Trump "built" the economy, he'd sure know how to build it without crashes. However, we already know that the expansion will be "Trump-built", and the ensuing recession will be the Dem's fault (or normal business cycle, or insert any other excuse). Typical GOP playbook.

In real life, unlike GOP propaganda world, one has to take credit for the downturn, when one takes credit for the expansion.

 

Subsidized rent alone is $13,000+ per year in my city where $1,800 per month apartments rent for $700 per month if you’re “poor”.

That doesn’t include welfare, food stamps, and whatever dozens of other programs are out there. And then there’s private charities like food banks.