Obama was terrible for economic growth

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

  1. rahl

    rahl Banned

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    Republicans have controlled congress more than 2 years, lol
     
  2. rahl

    rahl Banned

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    We were losing 750,000 jobs a month well into obamas first term. He and democrats completely turned that around and brought unemployment to 5% and gave us 8 years of steady growth. Pull your head out from your ass.
     
  3. Bluesguy

    Bluesguy Well-Known Member Donor

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    Wrong again the job rate lose bottomed out the month he moved from the Senate to the White House. Why do you keep posting as if Presidents control the bidget and the economy and everything resets with a new President? Tbe Democrats took majority control in 2007. And took almost 6 years to wade through their mess and get unemployment back down but even then the LFPR was at historic lows. The fact is the stimulus was sold as it would keep unemployment to a brief high of just 8% with 9% projected without it. In fact with it unemployment soared to 10% and stayed at 9% and above for the next 4 years. It was an abject failure.
     
  4. Bluesguy

    Bluesguy Well-Known Member Donor

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    Wrong again they only took control of the Congress in 2015 when theg won the Senate before that Congress was split sonce 2010. The Dems controlled both the Senate and the White House giving them majority control of the government. And of course when policies should have been instituted to get hs jnto a recovery in 2008 and 2009 they had total control.

    You DO REALIZE the Congess is made up of both the House AND the Senate?
     
    Last edited: Apr 23, 2017
  5. rahl

    rahl Banned

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    Nothing in my post was wrong. Sorry
     
  6. Bluesguy

    Bluesguy Well-Known Member Donor

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    Absolutely false..........
     
  7. dairyair

    dairyair Well-Known Member

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    I guess you don't know the present situation? D's don't have much to do with the gov't presently. If the R's aren't getting any legislation passed, it's because they are R's.
     
  8. dairyair

    dairyair Well-Known Member

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    You've been proven wrong. Countless times. BTW you have not even backed up a single claim yet. But there have been many who showed you are completely wrong.
     
  9. dairyair

    dairyair Well-Known Member

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    And you're wrong yet again. The R's gave no solid growth. You've been shown that also.
    They accelerated an already overheated housing market. That was not sustainable and certainly not solid. As the crash of the housing market proves.
    Try yet again.

    [​IMG]
    United States[edit]
    Real wages in the United States, have stagnated since the mid-1970s[5] contrary to expectations that real wages should raise in line with increases in productivity.[6]Between 1973 and 2013 productivity in the United States grew by 74% whilst compensation for workers grew by 9% in the same period.[6] The stagnation of real hourly wages has resulted in a Middle-class squeeze as increases in inflation and the cost of living exceeds the growth of real wages for members of the middle and lower classes.[7][8]
    https://en.wikipedia.org/wiki/Real_wages


    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?
     
    Last edited: Apr 23, 2017
  10. rahl

    rahl Banned

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    Nothing in my post was wrong. Sorry
     
    Last edited: Apr 23, 2017
  11. Tim15856

    Tim15856 Well-Known Member

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    Dems might not have the power to block legislation, but they are vocal about doing anything they can to undermine Trump. How many were calling for his impeachment the day he took office?
     
  12. Kode

    Kode Well-Known Member

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    Not nearly enough.
     
  13. Bluesguy

    Bluesguy Well-Known Member Donor

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    Lack of response noted and you have not refuted a single claim all you have are your baseless simple dismissals. My points stand.
     
  14. Bluesguy

    Bluesguy Well-Known Member Donor

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    Why did you stop at 2004 when the economy enter its full recovery?

    [​IMG]
    ]
     
  15. Bluesguy

    Bluesguy Well-Known Member Donor

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    How many times does it have to be repeated?

    That is totally false.
     
    Last edited: Apr 24, 2017
  16. Jiminy

    Jiminy Well-Known Member

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    [​IMG]

    Sorry con artists, supply-side socialism is a philosophy of failure.
     
  17. Distraff

    Distraff Well-Known Member

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    One thing to consider is that Obama didn't get a rating much power than the last two Republican presidents despite inheriting the worst economy in freefall since the great depression. It is true that growth has been disappointing but the same goes for both Bushes as well and growth has been showing down for a while. Also when Republicans took over the house two years later Obama was basically unable to implement any major economic changes for the next six years. Even for the two he had majorities Republican filibusters prevented him from getting a lot of things done. This partisan stagnation is also responsible for the disappointing results.
     
  18. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    [​IMG]

    Obama's mean GDP growth rate never went over 2% for all 8 years, even Jimmy Carter did better.
     
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  19. Ph3iron

    Ph3iron Banned

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    I don't read cut and pastes. Pathetic. Do you remember we were
    LoSing 750000 jobs per month? ATMs closing down?
    Green jobs ? I guess you didn't start a $150mm business like my daughter. Didn't start at 23 at $90k with an engineering degree?
    Why? Too busy sucking off your socialist benefits?
     
  20. Ph3iron

    Ph3iron Banned

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    We quote which fits our made up minds.
    Didn't Marc levinson say 1973 was the top?. Never really been over 3 % since and won't be?? Free markets, commie? Doesn't matter, apologies, world has changed.
    U.K. Boom is at 2%?
    It will be interesting to see how many $50/ hr high school coal jobs Don creates.
    No numbers yet?
     
  21. Ph3iron

    Ph3iron Banned

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    The throttle !! Hilarious. Can't wait to make $8/hr on my high school degree.
     
  22. ButterBalls

    ButterBalls Well-Known Member

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    Only one problem with your con, if any of it were remotely true Trump wouldn't be President today and Hilary would. Obarrynomics is a set of cooked books and illusion, below is a easy to follow picture of those parts of the United States that say your theory is as lame as the last President

    [​IMG]
     
    Last edited: Apr 24, 2017
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  23. Ph3iron

    Ph3iron Banned

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    Don't you remember the last company bring back your money from overseas move in the 90's?
    More jobs, no, they just piled it into buying back their stock.
    When will people realize companies are in for the $. 70% of their expenses are in dumb boy wages. Guess what they do??Cheaper labor overseas. After wwi we had 50 % of the worlds production, no longer.
    Dream on boy
     
  24. ButterBalls

    ButterBalls Well-Known Member

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    How often do you fight with yourself, and which one wins :roflol:
     
    Last edited: Apr 24, 2017
  25. Ph3iron

    Ph3iron Banned

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    Exactly, This is why I won $5k on Don the con and white boys dreaming of the 50's and lynchings.
    Read Greg palast. A lot of us won and knew it was a foregone conclusion. I guess you didn't have the gonads to bet on him.
    So who are we going to blame now?
     

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