According to the treasury secretary, the economy left in shambles after Bush has been repaired

[Billy000]

Bad News, Republicans: U.S. Treasury Confirms President Obama Has Fixed The Economy You Crashed (VIDEO)

We’re seeing steady growth, we’ve seen enormous job creation over this period of time, we’re seeing the unemployment rate around 5% and we’re seeing that growth, in spite of the fact that there’s a lot of headwinds from a slower global economy,” Lew said, adding that the United States is “well positioned” as the year comes to a close.

“I think if you look at where we ended the year, we have a good, stable platform for growth, more clarity in the tax code, more investment in infrastructure, we’ve reversed the kind of downward pressure, the drag coming from, you know, sequestration by having sensible cuts that are being used to restore that spending that we need to invest in education and other things for the future.”

Indeed, 8.7 million jobs have been added under President Obama in a 60+ month streak of positive job growth numbers. And while Republicans refuse to raise the minimum wage nationally, many states have done so themselves. In addition, President Obama is also on track to wipe out the $1.4 trillion deficitthat Bush saddled him with, but which Republicans often complain about and blame him for.

Lew also had a message for Americans who are worried about Social Security, the social safety net program that Republicans have been trying to undermine for decades. “People shouldn’t panic,” he said.

Now as usual the cons on here in their desperation will say "but, but, but the U6 unemployment is 10%!" Yeah and that is still lower than it was under Bush.

Now of course the economy still has a low wage problem. That can be fixed easily with actual legislation.

 

[depotoo]

Oh my!! I can't help it, I am roflmao! One of the funniest things I have heard in awhile.

 

[eagle7_31]

Bad News, Republicans: U.S. Treasury Confirms President Obama Has Fixed The Economy You Crashed (VIDEO)

We’re seeing steady growth, we’ve seen enormous job creation over this period of time, we’re seeing the unemployment rate around 5% and we’re seeing that growth, in spite of the fact that there’s a lot of headwinds from a slower global economy,” Lew said, adding that the United States is “well positioned” as the year comes to a close.

“I think if you look at where we ended the year, we have a good, stable platform for growth, more clarity in the tax code, more investment in infrastructure, we’ve reversed the kind of downward pressure, the drag coming from, you know, sequestration by having sensible cuts that are being used to restore that spending that we need to invest in education and other things for the future.”

Indeed, 8.7 million jobs have been added under President Obama in a 60+ month streak of positive job growth numbers. And while Republicans refuse to raise the minimum wage nationally, many states have done so themselves. In addition, President Obama is also on track to wipe out the $1.4 trillion deficitthat Bush saddled him with, but which Republicans often complain about and blame him for.

Lew also had a message for Americans who are worried about Social Security, the social safety net program that Republicans have been trying to undermine for decades. “People shouldn’t panic,” he said.

Now as usual the cons on here in their desperation will say "but, but, but the U6 unemployment is 10%!" Yeah and that is still lower than it was under Bush.

And the moon is made of green cheese.

 

[Billy000]

Oh my!! I can't help it, I am roflmao! One of the funniest things I have heard in awhile.

Or you don't have an actual argument why it is wrong. Trust me, I noticed the omission.

 

[saveliberty]

The stock market is about dead even with 2014. What growth?

 

[rdean]

The stock market is about dead even with 2014. What growth?

What was it in 2009?

 

[sealybobo]

Oh my!! I can't help it, I am roflmao! One of the funniest things I have heard in awhile.

Just say you were wrong and thanks obama

 

[depotoo]

Trust me. I didn't realize you were that naive.
United States GDP Growth Rate | 1947-2015 | Data | Chart | Calendar

Oh my!! I can't help it, I am roflmao! One of the funniest things I have heard in awhile.

Or you don't have an actual argument why it is wrong. Trust me, I noticed the omission.

 

[sealybobo]

The stock market is about dead even with 2014. What growth?

The growth after the bush great recession. Thanks Obama.

 

[Billy000]

Trust me. I didn't realize you were that naive.
United States GDP Growth Rate | 1947-2015 | Data | Chart | Calendar

Oh my!! I can't help it, I am roflmao! One of the funniest things I have heard in awhile.

Or you don't have an actual argument why it is wrong. Trust me, I noticed the omission.

Lol wait hold on. Are you actually going to pretend that GDP growth under Bush was not complete shit?

 

[rdean]

I don't get it. Here is the Dow Jones:

That's only till 2014 and it's just over 16,000.

How the Dow Jones Industrial Average Fared on Thursday

The Dow Jones industrial average fell 50.44 points, or 0.3 percent, to 17,552.17.

Look at that, the Dow Jones FELL to 17,552.17.

Which is higher than 2014. In fact, according to that chart, it's close to the highest ever.

 

[depotoo]

Billy, I can see by your comment, you did not read and study the link I supplied.
If you guys truly think the stock market is the only indicator to the state of economy, I suggest you go take some finance and business courses to increase your knowledge.

I don't get it. Here is the Dow Jones:

That's only till 2014 and it's just over 16,000.

How the Dow Jones Industrial Average Fared on Thursday

The Dow Jones industrial average fell 50.44 points, or 0.3 percent, to 17,552.17.

Look at that, the Dow Jones FELL to 17,552.17.

Which is higher than 2014. In fact, according to that chart, it's close to the highest ever.

I don't get it. Here is the Dow Jones:

That's only till 2014 and it's just over 16,000.

How the Dow Jones Industrial Average Fared on Thursday

The Dow Jones industrial average fell 50.44 points, or 0.3 percent, to 17,552.17.

Look at that, the Dow Jones FELL to 17,552.17.

Which is higher than 2014. In fact, according to that chart, it's close to the highest ever.

 

[CowboyTed]

The problem the GOP got here is that they made and complete boll*x of the Economy..

Their deregulation gig is a disaster...

Their only hope is do their best causing confusion because if anyone figures it out they are gone for a decade...

GOP economic policies are bad and hypocritical... They are not the fiscal responsible ones, evidence shows that to be complete lie...
They are a special interests party... Gas, God and Guns...

They can't fool everyone... Personally I Trump is doing us all a favour and showing us what they are really like..

 

[eagle7_31]

The problem the GOP got here is that they made and complete boll*x of the Economy..

Their deregulation gig is a disaster...

Their only hope is do their best causing confusion because if anyone figures it out they are gone for a decade...

GOP economic policies are bad and hypocritical... They are not the fiscal responsible ones, evidence shows that to be complete lie...
They are a special interests party... Gas, God and Guns...

They can't fool everyone... Personally I Trump is doing us all a favour and showing us what they are really like..

Deregulation? You and other left wing brain dead numb nuts should check the Federal Register, particularly during the Bush 43 years. Bush did blow up domestic spending. Neither party is 'fiscally responsible' and the stinking Democrat party has their own special interests, abortion, racial quotas, hedge fund crooks(see Goldman Sachs). Clean up your own yard first, then come see the rest of us.

 

[Vigilante]

The closest I can come to our current NATIONAL DEBT, which the obomanation is responsible for ALMOST HALF, and only off by about $675 BILLION!!!!!

 

[The Rabbi]

Bad News, Republicans: U.S. Treasury Confirms President Obama Has Fixed The Economy You Crashed (VIDEO)

We’re seeing steady growth, we’ve seen enormous job creation over this period of time, we’re seeing the unemployment rate around 5% and we’re seeing that growth, in spite of the fact that there’s a lot of headwinds from a slower global economy,” Lew said, adding that the United States is “well positioned” as the year comes to a close.

“I think if you look at where we ended the year, we have a good, stable platform for growth, more clarity in the tax code, more investment in infrastructure, we’ve reversed the kind of downward pressure, the drag coming from, you know, sequestration by having sensible cuts that are being used to restore that spending that we need to invest in education and other things for the future.”

Indeed, 8.7 million jobs have been added under President Obama in a 60+ month streak of positive job growth numbers. And while Republicans refuse to raise the minimum wage nationally, many states have done so themselves. In addition, President Obama is also on track to wipe out the $1.4 trillion deficitthat Bush saddled him with, but which Republicans often complain about and blame him for.

Lew also had a message for Americans who are worried about Social Security, the social safety net program that Republicans have been trying to undermine for decades. “People shouldn’t panic,” he said.

Now as usual the cons on here in their desperation will say "but, but, but the U6 unemployment is 10%!" Yeah and that is still lower than it was under Bush.

Now of course the economy still has a low wage problem. That can be fixed easily with actual legislation.

Wow another fail thread from Billy Triple Fail, dumbest poster on USMB.
Take out the top 5% of earners and the average family is making less than the day Bush left.
Without gains in housing prices average household wealth is less than the day Bush left.
The average black family is worse off than the day Bush left
Workforce participation is less than when Bush left
Dependence on food stamps and other gov't programs is more than the day Bush left
GDP growth is the worst on record post recession
Snd when Billy gets smack gobbed by actual facts he will run away or make more stupid assertions.

 

[Kosh]

I don't get it. Here is the Dow Jones:

That's only till 2014 and it's just over 16,000.

How the Dow Jones Industrial Average Fared on Thursday

The Dow Jones industrial average fell 50.44 points, or 0.3 percent, to 17,552.17.

Look at that, the Dow Jones FELL to 17,552.17.

Which is higher than 2014. In fact, according to that chart, it's close to the highest ever.

Yes, you far left drones do not understand what you post..

The money shifts to the stock market as it is taxed lower than income, this always happens when people put the far left in charge..

 

[Kosh]

The problem the GOP got here is that they made and complete boll*x of the Economy..

Their deregulation gig is a disaster...

Their only hope is do their best causing confusion because if anyone figures it out they are gone for a decade...

GOP economic policies are bad and hypocritical... They are not the fiscal responsible ones, evidence shows that to be complete lie...
They are a special interests party... Gas, God and Guns...

They can't fool everyone... Personally I Trump is doing us all a favour and showing us what they are really like..

Yet you far left drones voted twice for worse than Bush..

Who did the far left bail out?

They bailed out the banks and Wall Street and not the people who were in trouble..

 

[sealybobo]

The problem the GOP got here is that they made and complete boll*x of the Economy..

Their deregulation gig is a disaster...

Their only hope is do their best causing confusion because if anyone figures it out they are gone for a decade...

GOP economic policies are bad and hypocritical... They are not the fiscal responsible ones, evidence shows that to be complete lie...
They are a special interests party... Gas, God and Guns...

They can't fool everyone... Personally I Trump is doing us all a favour and showing us what they are really like..

Deregulation? You and other left wing brain dead numb nuts should check the Federal Register, particularly during the Bush 43 years. Bush did blow up domestic spending. Neither party is 'fiscally responsible' and the stinking Democrat party has their own special interests, abortion, racial quotas, hedge fund crooks(see Goldman Sachs). Clean up your own yard first, then come see the rest of us.

That's the thing! When boener and Mitch took over the Senate and House of reps, they immediately started trying to clean our house instead of their own. Instead of cutting corporate welfare they went after foodstamps, for example.

I would love to see the Republicans clean their own house first for a change

 

[The Rabbi]

The problem the GOP got here is that they made and complete boll*x of the Economy..

Their deregulation gig is a disaster...

Their only hope is do their best causing confusion because if anyone figures it out they are gone for a decade...

GOP economic policies are bad and hypocritical... They are not the fiscal responsible ones, evidence shows that to be complete lie...
They are a special interests party... Gas, God and Guns...

They can't fool everyone... Personally I Trump is doing us all a favour and showing us what they are really like..

Deregulation? You and other left wing brain dead numb nuts should check the Federal Register, particularly during the Bush 43 years. Bush did blow up domestic spending. Neither party is 'fiscally responsible' and the stinking Democrat party has their own special interests, abortion, racial quotas, hedge fund crooks(see Goldman Sachs). Clean up your own yard first, then come see the rest of us.

That's the thing! When boener and Mitch took over the Senate and House of reps, they immediately started trying to clean our house instead of their own. Instead of cutting corporate welfare they went after foodstamps, for example.

I would love to see the Republicans clean their own house first for a change

They did idiot. No more Solyndras.