And Here's How The Passenger Pigeon Met Its End....

[PoliticalChic]

If his policies ever got passed you could blame him, dupe.

The stimulus was supposed to fix everything.

It easily passed.

And did what every Obama policy did.....failed.

 

[PoliticalChic]

20 million college grads living with their parents......courtesy of our "job creators"

Courtesy of the Job Destroyer in Chief

We have entrusted our economy to the "job creators"
Cut their taxes, deregulate and just watch them go

Problem was, they just kept the profits while maintaining low wages and benefits for college grads

You thought you hitched your wagon to a star....and it turned out you hitched it to a jackass.


But....gives credence to that 'birds of a feather' thing, huh?

 

[PoliticalChic]

20 million college grads living with their parents......courtesy of our "job creators"

Courtesy of the Job Destroyer in Chief

We have entrusted our economy to the "job creators"
Cut their taxes, deregulate and just watch them go

Problem was, they just kept the profits while maintaining low wages and benefits for college grads

Look for those jobs in the same place as those 'shovel ready' projects.

As many of 'em as you have cerebral neurons.

 

[PoliticalChic]

I have to admit PC is one of the looniest posters on USMB, all of her threads belong in the conspiracy history section. She is fun to watch, sorta like your crazy Aunt who sits on the porch telling you about a world she has never experienced, but knows all about it cause she read it in the National Enquirer. One thing the Internet has done is give voice to voices coming from the asylum.

"The best years of your life are the ones in which you decide your problems are your own. You do not blame them on your mother, the ecology, or the president. You realize that you control your own destiny." Albert Ellis

Watch me silence you with this:



1. "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.
The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.
“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..."http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0


2. "....US hourly wages have not only not increased for the past 7 years, but for thevast majority of the labor force continue to decline,.... just the month of August will be enough to provide the Trump - and every other - campaign with enough soundbites and pivot points to last it for weeks on end: namely, that in August a whopping 698,000 native-born Americans lost their job. This drop was offset by 204,000 foreign-born Americans, who got a job in the month of August. .... since December 2007, according to the Household Survey, only 790,000 native born American jobs have been added. Contrast that with the 2.1 million foreign-born Americans who have found a job over the same time period..." 698K Native-Born Americans Lost Their Job In August: Why This Suddenly Is The Most Important Jobs Chart | Zero Hedge


3. October 2015: "Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower" Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower | Zero Hedge




4. "Obamacare health insurance co-ops surged past the $1 billion mark in losses this week, making history of sorts.The insolvencies, totaling $1.36 billion, mean that the co-ops have burned through more than half of the original $2 billion appropriated in 2010 for the program under the Affordable Care Act. The funds were loaned to the start-up co-ops in 2012 and were to be repaid in 15 years, according to the Centers for Medicare and Medicaid Services, which manages Obamacare.
...13 of the 23 federally-financed Obamacare co-ops have officially failed in only two years. Most are in the process of default as insurance regulators attempt to pay customer’s medical bills, cover medical providers and pay other creditors.
Obamacare Co-Op Mess Causes $1.3 Billion In Losses


5. "Obama Administration Announces 144 Big Regulations Right Before Thanksgiving
This is a new record, beating the previous high of 136 set by President Obama this spring."
Obama Administration Announces 144 Big Regulations Right Before Thanksgiving


6. "...ObamaCare experiment costing taxpayers $2.4 billionis failing. The co-ops were founded on the idealistic belief that community members could band together to create health insurance companies that would be member-driven, service-oriented, and would not have to answer to shareholders or turn a profit."
400,000 Citizens To Lose Health Insurance (Again) Because Of Obamacare Co-Op Failures



7. "The U.S. expanded at a 2.2% rate through the first nine months of the year, and the economy is projected to grow at a similar pace in the fourth quarter that ends on Dec. 31. If so, the economy will have failed to reach 3% growth for the 10th straight year, marking the slowest stretch since the end of World War II.
Historically the economy has expanded at a 3.3% rate." U.S. economy set to grow less than 3% for the 10th straight year


8. "Congress has now cleared the way for federal debt to pass $20 trillion by the end of the president’s second term. President Obama said the new budget deal will be paid for in a “balanced” and “responsible” way, but on the day the deal was signed, the federal debt jumped $339 billion—a third of a trillion dollars in one day."Societywatch


9. The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2015 is 0.8 percent on January 8, down from 1.0 percent on January 6. The forecast for the contribution of inventory investment to fourth-quarter real GDP growth declined 0.2 percentage points to -0.8 percentage points after this morning's wholesale trade report from the U.S. Census Bureau.GDPNow


10. "Retail Sales in U.S. Decrease to End Weakest Year Since 2009 Sales at U.S. retailers declined in December to wrap the weakest year since 2009, raising concern about the momentum in consumer spending heading into 2016. The 0.1 percent drop matched the median forecast of 84 economists surveyed by Bloomberg and followed a 0.4 percent gain in November, Commerce Department figures showed Friday in Washington. For all of 2015, purchases climbed 2.1 percent, the smallest advance of the current economic expansion." Retail Sales in U.S. Decrease to End Weakest Year Since 2009


11. " The federal government heavily subsidizes higher education through a complex system of grants and loans. While the programs are great for colleges — they have enabled an astronomical increase in tuition — they contain few measures holding the institutions accountable to their students. As a result, only 59 percent of students graduate from four-year colleges and universities within six years. Those lucky enough to graduate face another hurdle: 44 percent of recent college graduates occupy jobs which do not require a college degree. Taken together, these numbers suggest that only one-third of college enrollees emerge from the system with both a degree and a relevant job." http://fee.org/anythingpeaceful/what-free-college-cant-fix/?mkt_tok=3RkMMJWWfF9wsRokuq/JZKXonjHpfsX57OkvWaW+lMI/0ER3fOvrPUfGjI4ARcNkI+SLDwEYGJlv6SgFQ7HBMbhr1rgPWhk=
12. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion
a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt
b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire


13. According to the 2016 Index of Economic Freedom, an annual publication by The Heritage Foundation, America’s economic freedom has tumbled. With losses of economic freedom in eight of the past nine years, the U.S. has tied its worst score ever, wiping out a decade of progress. Since early 2009:
• Government spending has exploded, amounting to $29,867 per household in 2015.
• The national debt has risen to $125,000 for every tax filing household in America—a total over $18 trillion.
• The government takeover of health care is raising prices and disrupting markets.
• Bailouts and new government regulations have increased uncertainty, stifling investment and job creation. America’s Economic Freedom Has Rapidly Declined Under Obama
14 "Despite the unemployment rate being at an eight-year low (4.9 percent as of January 2016), the number of people on food stamps remains near an all-time high which was 47,636,000 in 2013.
Why the disparity in the numbers? Well, the unemployment rate does not take into account people who are not in, or have dropped out of, the workforce altogether.
The Bureau of Labor Statistics reported in January of this year that approximately 94 million Americans are not participating in the workforce.
We now have a country based on government dependence." Food Stamp Users Near Record High Despite Low Unemployment Rate
15. "CHICAGO (Reuters) - Predominantly African-American neighborhoods in Chicago have seen poverty rise and services diminish even as the nation's third largest city has become less racially segregated,.... black areas are seeing economic stagnation or decline,.... mostly black areas have lost health clinics, social service agencies and other areas of support..." Exclusive: Poverty up, services diminished in Chicago's black neighborhoods - study

16. "Employers added more workers in February than projected but wages unexpectedly declined, dashing hopes that reduced slack in the labor market was starting to benefit all Americans..... Average hourly earnings dropped by 0.1 percent from the prior month, the first decline since December 2014 the Labor Department’s figures showed. Worker pay increased 2.2 percent over the 12 months ended in February, less than the 2.5 percent forecast in the Bloomberg survey. Wage growth has been hovering just above 2 percent year-over-year on average since the current expansion began in mid-2009." Payrolls in U.S. Surge While Wages Drop in Mixed Jobs Report
17. New Obama regulation will deprive middle class investors of access to financial information. "...the controversial pending Department of Labor regulation that would impose new restrictions on a vast swath of financial professionals... a newreport for the Competitive Enterprise Institute, similar restrictions in Great Britain have caused a “guidance gap” in which brokers have largely stopped serving customers with assets less than £150,000 ($240,000).... Such limits on financial discussion may seem to violate the First Amendment..." How Fiduciary Rule May Censor Financial Broadcasters Like Dave Ramsey
“this Obama rule will kill the Middle Class and below ability to access personal advice.”
18. "U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016. The 0.1 percent decline in purchases followed a revised 0.4 percent January decrease, Commerce Department figures showed Tuesday.... “We’re seeing higher rents, higher healthcare expenses,.... Retail sales excluding autos fell 0.1 percent after a 0.4 percent decrease in January, according to Tuesday’s report." Retail Sales in U.S. Decline After January Revised Down
19. "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.”
The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." Realizing The Super Bowl Of American Economic Growth
20. "8 More Obamacare Co-ops Will Probably Shut Down

12 of the 23 taxpayer funded non-profit co-ops created under the Affordable Care Act were shuttered, and the largest of them is under investigation.
Records obtained by Richard Pollack of the Daily Caller indicate another 8 co-ops might be on their way out this year:
'...there’s not a turnaround in sight. The same problems that plagued them before are continuing,”
8 More Obamacare Co-ops Will Probably Shut Down
21. the United States had lost its once-enormous global lead in middle-class pay, based on international income surveys over the last three decades. After-tax median income in Canada appears to have been higher last year than the same measure in this country. The poor in Canada and much of western Europe earn more than the poor here. A Link Between Fidgety Boys and a Sputtering Economy
22. Middle aged people laid off and unable to find work are taking another way out. They're killing themselves. Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved upstate New York. People in need of work are twice as likely to take their own lives as employed people, and people fired in their forties and fifties find it hardest to get hired again.
That makes boosting economic growth a life- and- death issue. But you wouldn't know it listening to Barack Obama and Hillary Clinton. President Obama whitewashes reality, claiming the "American economy is pretty darn good right now."
Soaring Suicides Emerge As a National Crisis Laid to Economic Stall - The New York Sun

23. "U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
The U.S. economy expanded in the first quarter at the slowest pace in two years ....Gross domestic product rose at a 0.5 percent annualized rate after a 1.4 percent fourth-quarter advance, Commerce Department data showed Thursday. The increase was less than the 0.7 percent median projection in a Bloomberg survey and marked the third straight disappointing start to a year." U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
24. "Nearly one in six young men (between the ages of 18-34) in the U.S. were either jobless or incarcerated in 2014, according to a new government report. It details a striking amount of male alienation that has been on the rise since the 1980s.
According to the Congressional Budget Office (CBO), out of the 38 million young men in the U.S. in 2014, 16 percent were jobless (5 million or 13 percent) or incarcerated (1 million or 3 percent). The share of young men without a job or in prison has increased substantially since 1980, when just 11 percent of young men fit into either category." CBO: Nearly 1 in 6 Young Men in U.S. Jobless or Incarcerated - Breitbart
25. "Stocks fall as inflation hits 3-year high
...consumers prices at the consumer level for items ranging from toilet tissue to gasoline rose 0.4% last month, slightly above the 0.3% estimate but its strongest monthly gain in more than three years." Stocks fall as inflation hits 3-year high

26. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike

27. "Then came the jobs numbers. Employers added 38,000 jobs in May, the weakest performance since September 2010. Revisions to previous payroll data showed employers added a combined 59,000 fewer jobs in April and March than previously reported. That brought average monthly job growth in the past three months to 116,000, a sharp slowdown from the average growth of 219,000 over the prior 12 months.

One economist dubbed it “an unqualified dud.”

by Erik Holm"
Recap: Janet Yellen on Economy, Monetary Policy
28. White House Cuts Economic Growth Forecasts
Budget office sees 1.9% growth in 2016, 2.5% in 2017 White House Cuts Economic Growth Forecasts

Cut the stupid spam, dumbass. The question is, whose fault. Great job, GOP obstructionists.

Every one a fact....and I can provide thirty more.

And you Obamunists are as nervous as a long tailed cat in a room filled with rocking chairs.

 

[PoliticalChic]

If his policies ever got passed you could blame him, dupe.

Kids arent' on their parents healthcare plan til they are 26?

Which all experts say has nothing to do with economy, and 1 of 3 things he passed.

Another of which was the stimulus, which was supposed to be all about the economy.

And it worked but too small and ran out., but everything after that was blocked, except ACA when Dems had 60 votes.

Of course it didn't work, you dunce.

But...for proof, let's use Canada's economy as a control, as they were lucky enough to avoid Obama and the Scam-ulous.


1. "Although Reinhart and Rogoff put the United States and Canada into different classifications, the two countries' unemployment rates rose in lock step from August 2008 until February 2009, when the stimulus was passed in the United States. ...

....It was only after the United States enacted the stimulus that the two countries economic fortunes began to diverge. After that, Canada began to substantially outperform the US in job creation, the supposed point of the stimulus.

In the US, unemployment rose to 10.1 % by October 2009, and remained at least at 9.5% for the next 14 months. Canadian unemployment peaked at 7.7 % in July and August of 2009, and has been falling ever since."
Lott, "At The Brink," p. 102-103.



a. When the American unemployment rate in September 2011 was stuck at 9.1 %,Canada's had fallen to 6.3%. The US had increased by 1.3 % since Obama became President, while Canadian unemployment had already fallen below its January 2009 level.
Lott, Op. Cit.


b. In January 2009, prior to the Obama Stimulus, the WSJ had surveyed economic forecasters. They predicted an increase of 0.8 % in unemployment by December of 2009. Instead, 4 months after the Stimulus...it had climbed by 2.1 %, while in Canada....up 1 %.
Lott, Op. Cit.

 

[PoliticalChic]

The biggest myth is Obama policies made this economy. A GOP world depression and 7 1/2 years of mindless GOP obstruction did all this...

OMG!!!!

The same dopes who supported communism, and used the same excuses for its failure!!!


Wasn't tried long enough, wasn't done correctly, didn't follow strict Marxism....

....from the same jackasses.
Raise your hoof.

 

[TheOldSchool]

Scientists look to revive the long-extinct passenger pigeon

Liberals look to revive the economy they killed....but it's extinct, too.

 

[PoliticalChic]

The biggest myth is Obama policies made this economy. A GOP world depression and 7 1/2 years of mindless GOP obstruction did all this...

Low salaries and benefits are a result of Reaganomics

Reaganomics didn't create Mcjobs, that was all the Democrats.

Reaganomics, still defended to the death, cut fed aid to states. Then states raised taxes and fees, which kill the the nonrich. Now we have a flattish tax system, and the rich end up with all the new wealth. Great job. See also no living wage, no training for 3-6 million tech jobs, no infrastructure investment or any other investment. All to save the bloated greedy idiot rich, dupes.

Time to smash a custard pie in your kisser!

http://www.ustreas.gov/education/fact-sheets/taxes/ustax.shtml

1. The benefits from Reaganomics:
   1. The economy grew at a 3.4% average rate…compared with 2.9% for the previous eight years, and 2.7% for the next eight.(Table B-4)
   2. Inflation rate dropped from 12.5% to 4.4%. (Table B-63)
   3. Unemployment fell to 5.5% from 7.1% (Table B-35)
   4. Prime interest rate fell by one-third.(Table B-73)
   5. The S & P 500 jumped 124% (Table B-95) http://www.gpoaccess.gov/eop/tables10.html
   6. Charitable contributions rose 57% faster than inflation. Dinesh D’Souza, “Ronald Reagan: How an Ordinary May Became an Extraordinary Leader,” p. 116

b. and c. http://www.kiva.org/team/real_americans



"While the ranks of the wealthy quickly multiplied, middle-class investors also entered the stock market in rapidly growing numbers. The creation by Congress in 1978 of the 401(k) tax-deferred retirement plan provided new incentives for workers to invest their savings in the stock market (often through mutual funds) rather than relying on company-funded pensions for retirement. The 401(k) led to a kind of democratization of Wall Street, as the percentage of American households owning some stake in the stock market—either directly or through mutual funds—shot quickly from 15.9% in 1983 to 29.6% in 1989.23 Thus the great bull market of the 1980s created more wealth, for more American families, than any previous boom in history.
Investment Company Institute, "Equity Ownership in America, 2005," http://www.ici.org/pdf/rpt_05_equity_owners.pdf,

The Reagan Era Learning Guide: Citations



Ronald Reagan: more wealth, for more American families, than any previous boom in history.

 

[francoHFW]

If his policies ever got passed you could blame him, dupe.

Kids arent' on their parents healthcare plan til they are 26?

Which all experts say has nothing to do with economy, and 1 of 3 things he passed.

Another of which was the stimulus, which was supposed to be all about the economy.

And it worked but too small and ran out., but everything after that was blocked, except ACA when Dems had 60 votes.

Of course it didn't work, you dunce.

But...for proof, let's use Canada's economy as a control, as they were lucky enough to avoid Obama and the Scam-ulous.


1. "Although Reinhart and Rogoff put the United States and Canada into different classifications, the two countries' unemployment rates rose in lock step from August 2008 until February 2009, when the stimulus was passed in the United States. ...

....It was only after the United States enacted the stimulus that the two countries economic fortunes began to diverge. After that, Canada began to substantially outperform the US in job creation, the supposed point of the stimulus.

In the US, unemployment rose to 10.1 % by October 2009, and remained at least at 9.5% for the next 14 months. Canadian unemployment peaked at 7.7 % in July and August of 2009, and has been falling ever since."
Lott, "At The Brink," p. 102-103.



a. When the American unemployment rate in September 2011 was stuck at 9.1 %,Canada's had fallen to 6.3%. The US had increased by 1.3 % since Obama became President, while Canadian unemployment had already fallen below its January 2009 level.
Lott, Op. Cit.


b. In January 2009, prior to the Obama Stimulus, the WSJ had surveyed economic forecasters. They predicted an increase of 0.8 % in unemployment by December of 2009. Instead, 4 months after the Stimulus...it had climbed by 2.1 %, while in Canada....up 1 %.
Lott, Op. Cit.

They also missed our GOP bubble/bust duh, dupe.

 

[francoHFW]

The biggest myth is Obama policies made this economy. A GOP world depression and 7 1/2 years of mindless GOP obstruction did all this...

Low salaries and benefits are a result of Reaganomics

Reaganomics didn't create Mcjobs, that was all the Democrats.

Reaganomics, still defended to the death, cut fed aid to states. Then states raised taxes and fees, which kill the the nonrich. Now we have a flattish tax system, and the rich end up with all the new wealth. Great job. See also no living wage, no training for 3-6 million tech jobs, no infrastructure investment or any other investment. All to save the bloated greedy idiot rich, dupes.

Time to smash a custard pie in your kisser!

http://www.ustreas.gov/education/fact-sheets/taxes/ustax.shtml

1. The benefits from Reaganomics:
   1. The economy grew at a 3.4% average rate…compared with 2.9% for the previous eight years, and 2.7% for the next eight.(Table B-4)
   2. Inflation rate dropped from 12.5% to 4.4%. (Table B-63)
   3. Unemployment fell to 5.5% from 7.1% (Table B-35)
   4. Prime interest rate fell by one-third.(Table B-73)
   5. The S & P 500 jumped 124% (Table B-95) http://www.gpoaccess.gov/eop/tables10.html
   6. Charitable contributions rose 57% faster than inflation. Dinesh D’Souza, “Ronald Reagan: How an Ordinary May Became an Extraordinary Leader,” p. 116

b. and c. http://www.kiva.org/team/real_americans



"While the ranks of the wealthy quickly multiplied, middle-class investors also entered the stock market in rapidly growing numbers. The creation by Congress in 1978 of the 401(k) tax-deferred retirement plan provided new incentives for workers to invest their savings in the stock market (often through mutual funds) rather than relying on company-funded pensions for retirement. The 401(k) led to a kind of democratization of Wall Street, as the percentage of American households owning some stake in the stock market—either directly or through mutual funds—shot quickly from 15.9% in 1983 to 29.6% in 1989.23 Thus the great bull market of the 1980s created more wealth, for more American families, than any previous boom in history.
Investment Company Institute, "Equity Ownership in America, 2005," http://www.ici.org/pdf/rpt_05_equity_owners.pdf,

The Reagan Era Learning Guide: Citations



Ronald Reagan: more wealth, for more American families, than any previous boom in history.

And tripled the debt and caused the S+L crisis and started the ruin of the middle class...

 

[rightwinger]

20 million college grads living with their parents......courtesy of our "job creators"

"Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire




The only folks more responsible for this mess than Obama are those who voted for him.


We on the Right warned you....and every thing we said prove correct.

Obama is the first president ever to have the ridiculous three percent threshold invented for him

 

[rightwinger]

I have to admit PC is one of the looniest posters on USMB, all of her threads belong in the conspiracy history section. She is fun to watch, sorta like your crazy Aunt who sits on the porch telling you about a world she has never experienced, but knows all about it cause she read it in the National Enquirer. One thing the Internet has done is give voice to voices coming from the asylum.

"The best years of your life are the ones in which you decide your problems are your own. You do not blame them on your mother, the ecology, or the president. You realize that you control your own destiny." Albert Ellis

Watch me silence you with this:



1. "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.
The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.
“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..."http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0


2. "....US hourly wages have not only not increased for the past 7 years, but for thevast majority of the labor force continue to decline,.... just the month of August will be enough to provide the Trump - and every other - campaign with enough soundbites and pivot points to last it for weeks on end: namely, that in August a whopping 698,000 native-born Americans lost their job. This drop was offset by 204,000 foreign-born Americans, who got a job in the month of August. .... since December 2007, according to the Household Survey, only 790,000 native born American jobs have been added. Contrast that with the 2.1 million foreign-born Americans who have found a job over the same time period..." 698K Native-Born Americans Lost Their Job In August: Why This Suddenly Is The Most Important Jobs Chart | Zero Hedge


3. October 2015: "Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower" Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower | Zero Hedge




4. "Obamacare health insurance co-ops surged past the $1 billion mark in losses this week, making history of sorts.The insolvencies, totaling $1.36 billion, mean that the co-ops have burned through more than half of the original $2 billion appropriated in 2010 for the program under the Affordable Care Act. The funds were loaned to the start-up co-ops in 2012 and were to be repaid in 15 years, according to the Centers for Medicare and Medicaid Services, which manages Obamacare.
...13 of the 23 federally-financed Obamacare co-ops have officially failed in only two years. Most are in the process of default as insurance regulators attempt to pay customer’s medical bills, cover medical providers and pay other creditors.
Obamacare Co-Op Mess Causes $1.3 Billion In Losses


5. "Obama Administration Announces 144 Big Regulations Right Before Thanksgiving
This is a new record, beating the previous high of 136 set by President Obama this spring."
Obama Administration Announces 144 Big Regulations Right Before Thanksgiving


6. "...ObamaCare experiment costing taxpayers $2.4 billionis failing. The co-ops were founded on the idealistic belief that community members could band together to create health insurance companies that would be member-driven, service-oriented, and would not have to answer to shareholders or turn a profit."
400,000 Citizens To Lose Health Insurance (Again) Because Of Obamacare Co-Op Failures



7. "The U.S. expanded at a 2.2% rate through the first nine months of the year, and the economy is projected to grow at a similar pace in the fourth quarter that ends on Dec. 31. If so, the economy will have failed to reach 3% growth for the 10th straight year, marking the slowest stretch since the end of World War II.
Historically the economy has expanded at a 3.3% rate." U.S. economy set to grow less than 3% for the 10th straight year


8. "Congress has now cleared the way for federal debt to pass $20 trillion by the end of the president’s second term. President Obama said the new budget deal will be paid for in a “balanced” and “responsible” way, but on the day the deal was signed, the federal debt jumped $339 billion—a third of a trillion dollars in one day."Societywatch


9. The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2015 is 0.8 percent on January 8, down from 1.0 percent on January 6. The forecast for the contribution of inventory investment to fourth-quarter real GDP growth declined 0.2 percentage points to -0.8 percentage points after this morning's wholesale trade report from the U.S. Census Bureau.GDPNow


10. "Retail Sales in U.S. Decrease to End Weakest Year Since 2009 Sales at U.S. retailers declined in December to wrap the weakest year since 2009, raising concern about the momentum in consumer spending heading into 2016. The 0.1 percent drop matched the median forecast of 84 economists surveyed by Bloomberg and followed a 0.4 percent gain in November, Commerce Department figures showed Friday in Washington. For all of 2015, purchases climbed 2.1 percent, the smallest advance of the current economic expansion." Retail Sales in U.S. Decrease to End Weakest Year Since 2009


11. " The federal government heavily subsidizes higher education through a complex system of grants and loans. While the programs are great for colleges — they have enabled an astronomical increase in tuition — they contain few measures holding the institutions accountable to their students. As a result, only 59 percent of students graduate from four-year colleges and universities within six years. Those lucky enough to graduate face another hurdle: 44 percent of recent college graduates occupy jobs which do not require a college degree. Taken together, these numbers suggest that only one-third of college enrollees emerge from the system with both a degree and a relevant job." http://fee.org/anythingpeaceful/what-free-college-cant-fix/?mkt_tok=3RkMMJWWfF9wsRokuq/JZKXonjHpfsX57OkvWaW+lMI/0ER3fOvrPUfGjI4ARcNkI+SLDwEYGJlv6SgFQ7HBMbhr1rgPWhk=
12. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion
a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt
b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire


13. According to the 2016 Index of Economic Freedom, an annual publication by The Heritage Foundation, America’s economic freedom has tumbled. With losses of economic freedom in eight of the past nine years, the U.S. has tied its worst score ever, wiping out a decade of progress. Since early 2009:
• Government spending has exploded, amounting to $29,867 per household in 2015.
• The national debt has risen to $125,000 for every tax filing household in America—a total over $18 trillion.
• The government takeover of health care is raising prices and disrupting markets.
• Bailouts and new government regulations have increased uncertainty, stifling investment and job creation. America’s Economic Freedom Has Rapidly Declined Under Obama
14 "Despite the unemployment rate being at an eight-year low (4.9 percent as of January 2016), the number of people on food stamps remains near an all-time high which was 47,636,000 in 2013.
Why the disparity in the numbers? Well, the unemployment rate does not take into account people who are not in, or have dropped out of, the workforce altogether.
The Bureau of Labor Statistics reported in January of this year that approximately 94 million Americans are not participating in the workforce.
We now have a country based on government dependence." Food Stamp Users Near Record High Despite Low Unemployment Rate
15. "CHICAGO (Reuters) - Predominantly African-American neighborhoods in Chicago have seen poverty rise and services diminish even as the nation's third largest city has become less racially segregated,.... black areas are seeing economic stagnation or decline,.... mostly black areas have lost health clinics, social service agencies and other areas of support..." Exclusive: Poverty up, services diminished in Chicago's black neighborhoods - study

16. "Employers added more workers in February than projected but wages unexpectedly declined, dashing hopes that reduced slack in the labor market was starting to benefit all Americans..... Average hourly earnings dropped by 0.1 percent from the prior month, the first decline since December 2014 the Labor Department’s figures showed. Worker pay increased 2.2 percent over the 12 months ended in February, less than the 2.5 percent forecast in the Bloomberg survey. Wage growth has been hovering just above 2 percent year-over-year on average since the current expansion began in mid-2009." Payrolls in U.S. Surge While Wages Drop in Mixed Jobs Report
17. New Obama regulation will deprive middle class investors of access to financial information. "...the controversial pending Department of Labor regulation that would impose new restrictions on a vast swath of financial professionals... a newreport for the Competitive Enterprise Institute, similar restrictions in Great Britain have caused a “guidance gap” in which brokers have largely stopped serving customers with assets less than £150,000 ($240,000).... Such limits on financial discussion may seem to violate the First Amendment..." How Fiduciary Rule May Censor Financial Broadcasters Like Dave Ramsey
“this Obama rule will kill the Middle Class and below ability to access personal advice.”
18. "U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016. The 0.1 percent decline in purchases followed a revised 0.4 percent January decrease, Commerce Department figures showed Tuesday.... “We’re seeing higher rents, higher healthcare expenses,.... Retail sales excluding autos fell 0.1 percent after a 0.4 percent decrease in January, according to Tuesday’s report." Retail Sales in U.S. Decline After January Revised Down
19. "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.”
The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." Realizing The Super Bowl Of American Economic Growth
20. "8 More Obamacare Co-ops Will Probably Shut Down

12 of the 23 taxpayer funded non-profit co-ops created under the Affordable Care Act were shuttered, and the largest of them is under investigation.
Records obtained by Richard Pollack of the Daily Caller indicate another 8 co-ops might be on their way out this year:
'...there’s not a turnaround in sight. The same problems that plagued them before are continuing,”
8 More Obamacare Co-ops Will Probably Shut Down
21. the United States had lost its once-enormous global lead in middle-class pay, based on international income surveys over the last three decades. After-tax median income in Canada appears to have been higher last year than the same measure in this country. The poor in Canada and much of western Europe earn more than the poor here. A Link Between Fidgety Boys and a Sputtering Economy
22. Middle aged people laid off and unable to find work are taking another way out. They're killing themselves. Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved upstate New York. People in need of work are twice as likely to take their own lives as employed people, and people fired in their forties and fifties find it hardest to get hired again.
That makes boosting economic growth a life- and- death issue. But you wouldn't know it listening to Barack Obama and Hillary Clinton. President Obama whitewashes reality, claiming the "American economy is pretty darn good right now."
Soaring Suicides Emerge As a National Crisis Laid to Economic Stall - The New York Sun

23. "U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
The U.S. economy expanded in the first quarter at the slowest pace in two years ....Gross domestic product rose at a 0.5 percent annualized rate after a 1.4 percent fourth-quarter advance, Commerce Department data showed Thursday. The increase was less than the 0.7 percent median projection in a Bloomberg survey and marked the third straight disappointing start to a year." U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
24. "Nearly one in six young men (between the ages of 18-34) in the U.S. were either jobless or incarcerated in 2014, according to a new government report. It details a striking amount of male alienation that has been on the rise since the 1980s.
According to the Congressional Budget Office (CBO), out of the 38 million young men in the U.S. in 2014, 16 percent were jobless (5 million or 13 percent) or incarcerated (1 million or 3 percent). The share of young men without a job or in prison has increased substantially since 1980, when just 11 percent of young men fit into either category." CBO: Nearly 1 in 6 Young Men in U.S. Jobless or Incarcerated - Breitbart
25. "Stocks fall as inflation hits 3-year high
...consumers prices at the consumer level for items ranging from toilet tissue to gasoline rose 0.4% last month, slightly above the 0.3% estimate but its strongest monthly gain in more than three years." Stocks fall as inflation hits 3-year high

26. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike

27. "Then came the jobs numbers. Employers added 38,000 jobs in May, the weakest performance since September 2010. Revisions to previous payroll data showed employers added a combined 59,000 fewer jobs in April and March than previously reported. That brought average monthly job growth in the past three months to 116,000, a sharp slowdown from the average growth of 219,000 over the prior 12 months.

One economist dubbed it “an unqualified dud.”

by Erik Holm"
Recap: Janet Yellen on Economy, Monetary Policy
28. White House Cuts Economic Growth Forecasts
Budget office sees 1.9% growth in 2016, 2.5% in 2017 White House Cuts Economic Growth Forecasts

Looks like more of the work of our "job creators" who have seen 13 trillion in added wealth while refusing to "trickle down"

 

[PoliticalChic]

The biggest myth is Obama policies made this economy. A GOP world depression and 7 1/2 years of mindless GOP obstruction did all this...

Low salaries and benefits are a result of Reaganomics

Reaganomics didn't create Mcjobs, that was all the Democrats.

Reaganomics, still defended to the death, cut fed aid to states. Then states raised taxes and fees, which kill the the nonrich. Now we have a flattish tax system, and the rich end up with all the new wealth. Great job. See also no living wage, no training for 3-6 million tech jobs, no infrastructure investment or any other investment. All to save the bloated greedy idiot rich, dupes.

Time to smash a custard pie in your kisser!

http://www.ustreas.gov/education/fact-sheets/taxes/ustax.shtml

1. The benefits from Reaganomics:
   1. The economy grew at a 3.4% average rate…compared with 2.9% for the previous eight years, and 2.7% for the next eight.(Table B-4)
   2. Inflation rate dropped from 12.5% to 4.4%. (Table B-63)
   3. Unemployment fell to 5.5% from 7.1% (Table B-35)
   4. Prime interest rate fell by one-third.(Table B-73)
   5. The S & P 500 jumped 124% (Table B-95) http://www.gpoaccess.gov/eop/tables10.html
   6. Charitable contributions rose 57% faster than inflation. Dinesh D’Souza, “Ronald Reagan: How an Ordinary May Became an Extraordinary Leader,” p. 116

b. and c. http://www.kiva.org/team/real_americans



"While the ranks of the wealthy quickly multiplied, middle-class investors also entered the stock market in rapidly growing numbers. The creation by Congress in 1978 of the 401(k) tax-deferred retirement plan provided new incentives for workers to invest their savings in the stock market (often through mutual funds) rather than relying on company-funded pensions for retirement. The 401(k) led to a kind of democratization of Wall Street, as the percentage of American households owning some stake in the stock market—either directly or through mutual funds—shot quickly from 15.9% in 1983 to 29.6% in 1989.23 Thus the great bull market of the 1980s created more wealth, for more American families, than any previous boom in history.
Investment Company Institute, "Equity Ownership in America, 2005," http://www.ici.org/pdf/rpt_05_equity_owners.pdf,

The Reagan Era Learning Guide: Citations



Ronald Reagan: more wealth, for more American families, than any previous boom in history.

And tripled the debt and caused the S+L crisis and started the ruin of the middle class...

"And tripled the debt..."

Gads, you're a moron!!!

Watch this:

1. Under Reagan, the debt went up $1.7 trillion, from $900 billion to $2.6 trillion.
2. But….the national wealth went up $ 17 trillion
3. Reagan's near-trillion-dollar bulge in defense spending transformed the global balance of power in favor of capitalism. Spurring a stock-market, energy, venture-capital, real-estate and employment boom, the Reagan tax-rate cuts and other pro-enterprise policies added some $17 trillion to America's private-sector assets, dwarfing the trillion-dollar rise in public-sector deficits and creating 45 million net new jobs at rising wages and salaries.

http://online.wsj.com/article/SB10000872396390444914904577621083163383966.html
http://en.wikipedia.org/wiki/Reaganomics#Fiscal_consequences


Increased the national wealth by ten fold!!!!



Here's the waste you voted for:

"More Businesses Shutting Down than Starting Up
'Business deaths now exceed business births for the first time' in decades.
The American economy is less entrepreneurial now than at any point in the last three decades. That's the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978.
Not only that, but during the most recent three years of the study -- 2009, 2010 and 2011 -- businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011." http://www.weeklystandard.com/blogs/more-businesses-shutting-down-starting_791127.html



I'm gonna post about the free market today.....read it, and have your antacids nearby .

 

[PoliticalChic]

20 million college grads living with their parents......courtesy of our "job creators"

"Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire




The only folks more responsible for this mess than Obama are those who voted for him.


We on the Right warned you....and every thing we said prove correct.

Obama is the first president ever to have the ridiculous three percent threshold invented for him

Geee......record intact: you've never been known to author a truthful post.

Don't ever change.

 

[rightwinger]

20 million college grads living with their parents......courtesy of our "job creators"

"Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire




The only folks more responsible for this mess than Obama are those who voted for him.


We on the Right warned you....and every thing we said prove correct.

Obama is the first president ever to have the ridiculous three percent threshold invented for him

Geee......record intact: you've never been known to author a truthful post.

Don't ever change.

Can't have your own facts

How do you explain employers accumulating $13 trillion in additional wealth under Obama yet not increasing the wages of those who helped to earn it?

Its Obama's fault for not making them?

 

[PoliticalChic]

I have to admit PC is one of the looniest posters on USMB, all of her threads belong in the conspiracy history section. She is fun to watch, sorta like your crazy Aunt who sits on the porch telling you about a world she has never experienced, but knows all about it cause she read it in the National Enquirer. One thing the Internet has done is give voice to voices coming from the asylum.

"The best years of your life are the ones in which you decide your problems are your own. You do not blame them on your mother, the ecology, or the president. You realize that you control your own destiny." Albert Ellis

Watch me silence you with this:



1. "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.
The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.
“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..."http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0


2. "....US hourly wages have not only not increased for the past 7 years, but for thevast majority of the labor force continue to decline,.... just the month of August will be enough to provide the Trump - and every other - campaign with enough soundbites and pivot points to last it for weeks on end: namely, that in August a whopping 698,000 native-born Americans lost their job. This drop was offset by 204,000 foreign-born Americans, who got a job in the month of August. .... since December 2007, according to the Household Survey, only 790,000 native born American jobs have been added. Contrast that with the 2.1 million foreign-born Americans who have found a job over the same time period..." 698K Native-Born Americans Lost Their Job In August: Why This Suddenly Is The Most Important Jobs Chart | Zero Hedge


3. October 2015: "Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower" Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower | Zero Hedge




4. "Obamacare health insurance co-ops surged past the $1 billion mark in losses this week, making history of sorts.The insolvencies, totaling $1.36 billion, mean that the co-ops have burned through more than half of the original $2 billion appropriated in 2010 for the program under the Affordable Care Act. The funds were loaned to the start-up co-ops in 2012 and were to be repaid in 15 years, according to the Centers for Medicare and Medicaid Services, which manages Obamacare.
...13 of the 23 federally-financed Obamacare co-ops have officially failed in only two years. Most are in the process of default as insurance regulators attempt to pay customer’s medical bills, cover medical providers and pay other creditors.
Obamacare Co-Op Mess Causes $1.3 Billion In Losses


5. "Obama Administration Announces 144 Big Regulations Right Before Thanksgiving
This is a new record, beating the previous high of 136 set by President Obama this spring."
Obama Administration Announces 144 Big Regulations Right Before Thanksgiving


6. "...ObamaCare experiment costing taxpayers $2.4 billionis failing. The co-ops were founded on the idealistic belief that community members could band together to create health insurance companies that would be member-driven, service-oriented, and would not have to answer to shareholders or turn a profit."
400,000 Citizens To Lose Health Insurance (Again) Because Of Obamacare Co-Op Failures



7. "The U.S. expanded at a 2.2% rate through the first nine months of the year, and the economy is projected to grow at a similar pace in the fourth quarter that ends on Dec. 31. If so, the economy will have failed to reach 3% growth for the 10th straight year, marking the slowest stretch since the end of World War II.
Historically the economy has expanded at a 3.3% rate." U.S. economy set to grow less than 3% for the 10th straight year


8. "Congress has now cleared the way for federal debt to pass $20 trillion by the end of the president’s second term. President Obama said the new budget deal will be paid for in a “balanced” and “responsible” way, but on the day the deal was signed, the federal debt jumped $339 billion—a third of a trillion dollars in one day."Societywatch


9. The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2015 is 0.8 percent on January 8, down from 1.0 percent on January 6. The forecast for the contribution of inventory investment to fourth-quarter real GDP growth declined 0.2 percentage points to -0.8 percentage points after this morning's wholesale trade report from the U.S. Census Bureau.GDPNow


10. "Retail Sales in U.S. Decrease to End Weakest Year Since 2009 Sales at U.S. retailers declined in December to wrap the weakest year since 2009, raising concern about the momentum in consumer spending heading into 2016. The 0.1 percent drop matched the median forecast of 84 economists surveyed by Bloomberg and followed a 0.4 percent gain in November, Commerce Department figures showed Friday in Washington. For all of 2015, purchases climbed 2.1 percent, the smallest advance of the current economic expansion." Retail Sales in U.S. Decrease to End Weakest Year Since 2009


11. " The federal government heavily subsidizes higher education through a complex system of grants and loans. While the programs are great for colleges — they have enabled an astronomical increase in tuition — they contain few measures holding the institutions accountable to their students. As a result, only 59 percent of students graduate from four-year colleges and universities within six years. Those lucky enough to graduate face another hurdle: 44 percent of recent college graduates occupy jobs which do not require a college degree. Taken together, these numbers suggest that only one-third of college enrollees emerge from the system with both a degree and a relevant job." http://fee.org/anythingpeaceful/what-free-college-cant-fix/?mkt_tok=3RkMMJWWfF9wsRokuq/JZKXonjHpfsX57OkvWaW+lMI/0ER3fOvrPUfGjI4ARcNkI+SLDwEYGJlv6SgFQ7HBMbhr1rgPWhk=
12. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion
a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt
b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire


13. According to the 2016 Index of Economic Freedom, an annual publication by The Heritage Foundation, America’s economic freedom has tumbled. With losses of economic freedom in eight of the past nine years, the U.S. has tied its worst score ever, wiping out a decade of progress. Since early 2009:
• Government spending has exploded, amounting to $29,867 per household in 2015.
• The national debt has risen to $125,000 for every tax filing household in America—a total over $18 trillion.
• The government takeover of health care is raising prices and disrupting markets.
• Bailouts and new government regulations have increased uncertainty, stifling investment and job creation. America’s Economic Freedom Has Rapidly Declined Under Obama
14 "Despite the unemployment rate being at an eight-year low (4.9 percent as of January 2016), the number of people on food stamps remains near an all-time high which was 47,636,000 in 2013.
Why the disparity in the numbers? Well, the unemployment rate does not take into account people who are not in, or have dropped out of, the workforce altogether.
The Bureau of Labor Statistics reported in January of this year that approximately 94 million Americans are not participating in the workforce.
We now have a country based on government dependence." Food Stamp Users Near Record High Despite Low Unemployment Rate
15. "CHICAGO (Reuters) - Predominantly African-American neighborhoods in Chicago have seen poverty rise and services diminish even as the nation's third largest city has become less racially segregated,.... black areas are seeing economic stagnation or decline,.... mostly black areas have lost health clinics, social service agencies and other areas of support..." Exclusive: Poverty up, services diminished in Chicago's black neighborhoods - study

16. "Employers added more workers in February than projected but wages unexpectedly declined, dashing hopes that reduced slack in the labor market was starting to benefit all Americans..... Average hourly earnings dropped by 0.1 percent from the prior month, the first decline since December 2014 the Labor Department’s figures showed. Worker pay increased 2.2 percent over the 12 months ended in February, less than the 2.5 percent forecast in the Bloomberg survey. Wage growth has been hovering just above 2 percent year-over-year on average since the current expansion began in mid-2009." Payrolls in U.S. Surge While Wages Drop in Mixed Jobs Report
17. New Obama regulation will deprive middle class investors of access to financial information. "...the controversial pending Department of Labor regulation that would impose new restrictions on a vast swath of financial professionals... a newreport for the Competitive Enterprise Institute, similar restrictions in Great Britain have caused a “guidance gap” in which brokers have largely stopped serving customers with assets less than £150,000 ($240,000).... Such limits on financial discussion may seem to violate the First Amendment..." How Fiduciary Rule May Censor Financial Broadcasters Like Dave Ramsey
“this Obama rule will kill the Middle Class and below ability to access personal advice.”
18. "U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016. The 0.1 percent decline in purchases followed a revised 0.4 percent January decrease, Commerce Department figures showed Tuesday.... “We’re seeing higher rents, higher healthcare expenses,.... Retail sales excluding autos fell 0.1 percent after a 0.4 percent decrease in January, according to Tuesday’s report." Retail Sales in U.S. Decline After January Revised Down
19. "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.”
The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." Realizing The Super Bowl Of American Economic Growth
20. "8 More Obamacare Co-ops Will Probably Shut Down

12 of the 23 taxpayer funded non-profit co-ops created under the Affordable Care Act were shuttered, and the largest of them is under investigation.
Records obtained by Richard Pollack of the Daily Caller indicate another 8 co-ops might be on their way out this year:
'...there’s not a turnaround in sight. The same problems that plagued them before are continuing,”
8 More Obamacare Co-ops Will Probably Shut Down
21. the United States had lost its once-enormous global lead in middle-class pay, based on international income surveys over the last three decades. After-tax median income in Canada appears to have been higher last year than the same measure in this country. The poor in Canada and much of western Europe earn more than the poor here. A Link Between Fidgety Boys and a Sputtering Economy
22. Middle aged people laid off and unable to find work are taking another way out. They're killing themselves. Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved upstate New York. People in need of work are twice as likely to take their own lives as employed people, and people fired in their forties and fifties find it hardest to get hired again.
That makes boosting economic growth a life- and- death issue. But you wouldn't know it listening to Barack Obama and Hillary Clinton. President Obama whitewashes reality, claiming the "American economy is pretty darn good right now."
Soaring Suicides Emerge As a National Crisis Laid to Economic Stall - The New York Sun

23. "U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
The U.S. economy expanded in the first quarter at the slowest pace in two years ....Gross domestic product rose at a 0.5 percent annualized rate after a 1.4 percent fourth-quarter advance, Commerce Department data showed Thursday. The increase was less than the 0.7 percent median projection in a Bloomberg survey and marked the third straight disappointing start to a year." U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
24. "Nearly one in six young men (between the ages of 18-34) in the U.S. were either jobless or incarcerated in 2014, according to a new government report. It details a striking amount of male alienation that has been on the rise since the 1980s.
According to the Congressional Budget Office (CBO), out of the 38 million young men in the U.S. in 2014, 16 percent were jobless (5 million or 13 percent) or incarcerated (1 million or 3 percent). The share of young men without a job or in prison has increased substantially since 1980, when just 11 percent of young men fit into either category." CBO: Nearly 1 in 6 Young Men in U.S. Jobless or Incarcerated - Breitbart
25. "Stocks fall as inflation hits 3-year high
...consumers prices at the consumer level for items ranging from toilet tissue to gasoline rose 0.4% last month, slightly above the 0.3% estimate but its strongest monthly gain in more than three years." Stocks fall as inflation hits 3-year high

26. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike

27. "Then came the jobs numbers. Employers added 38,000 jobs in May, the weakest performance since September 2010. Revisions to previous payroll data showed employers added a combined 59,000 fewer jobs in April and March than previously reported. That brought average monthly job growth in the past three months to 116,000, a sharp slowdown from the average growth of 219,000 over the prior 12 months.

One economist dubbed it “an unqualified dud.”

by Erik Holm"
Recap: Janet Yellen on Economy, Monetary Policy
28. White House Cuts Economic Growth Forecasts
Budget office sees 1.9% growth in 2016, 2.5% in 2017 White House Cuts Economic Growth Forecasts

Looks like more of the work of our "job creators" who have seen 13 trillion in added wealth while refusing to "trickle down"

“Between the early 1980s and 2007 we lived in an economic Golden Age. Never before have so many people advanced so far economically in so short a period of time as they have during the last 25 years. Until the credit crisis, 70 million people a year were joining the middle class. The U.S. kicked off this long boom with the economic reforms of Ronald Reagan, particularly his enormous income tax cuts. We burst from the economic stagnation of the 1970s into a dynamic, innovative, high-tech-oriented economy. Even in recent years the much-maligned U.S. did well. Between year-end 2002 and year-end 2007 U.S. growth exceeded the entire size of China's economy.”

How Capitalism Will Save Us



PUT RON ON THE ROCK!

 

[ptbw forever]

20 million college grads living with their parents......courtesy of our "job creators"

"Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire




The only folks more responsible for this mess than Obama are those who voted for him.


We on the Right warned you....and every thing we said prove correct.

Obama is the first president ever to have the ridiculous three percent threshold invented for him

He is the first president ever to make America not take 3% growth for granted.

 

[rightwinger]

I have to admit PC is one of the looniest posters on USMB, all of her threads belong in the conspiracy history section. She is fun to watch, sorta like your crazy Aunt who sits on the porch telling you about a world she has never experienced, but knows all about it cause she read it in the National Enquirer. One thing the Internet has done is give voice to voices coming from the asylum.

"The best years of your life are the ones in which you decide your problems are your own. You do not blame them on your mother, the ecology, or the president. You realize that you control your own destiny." Albert Ellis

Watch me silence you with this:



1. "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.
The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.
“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..."http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0


2. "....US hourly wages have not only not increased for the past 7 years, but for thevast majority of the labor force continue to decline,.... just the month of August will be enough to provide the Trump - and every other - campaign with enough soundbites and pivot points to last it for weeks on end: namely, that in August a whopping 698,000 native-born Americans lost their job. This drop was offset by 204,000 foreign-born Americans, who got a job in the month of August. .... since December 2007, according to the Household Survey, only 790,000 native born American jobs have been added. Contrast that with the 2.1 million foreign-born Americans who have found a job over the same time period..." 698K Native-Born Americans Lost Their Job In August: Why This Suddenly Is The Most Important Jobs Chart | Zero Hedge


3. October 2015: "Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower" Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower | Zero Hedge




4. "Obamacare health insurance co-ops surged past the $1 billion mark in losses this week, making history of sorts.The insolvencies, totaling $1.36 billion, mean that the co-ops have burned through more than half of the original $2 billion appropriated in 2010 for the program under the Affordable Care Act. The funds were loaned to the start-up co-ops in 2012 and were to be repaid in 15 years, according to the Centers for Medicare and Medicaid Services, which manages Obamacare.
...13 of the 23 federally-financed Obamacare co-ops have officially failed in only two years. Most are in the process of default as insurance regulators attempt to pay customer’s medical bills, cover medical providers and pay other creditors.
Obamacare Co-Op Mess Causes $1.3 Billion In Losses


5. "Obama Administration Announces 144 Big Regulations Right Before Thanksgiving
This is a new record, beating the previous high of 136 set by President Obama this spring."
Obama Administration Announces 144 Big Regulations Right Before Thanksgiving


6. "...ObamaCare experiment costing taxpayers $2.4 billionis failing. The co-ops were founded on the idealistic belief that community members could band together to create health insurance companies that would be member-driven, service-oriented, and would not have to answer to shareholders or turn a profit."
400,000 Citizens To Lose Health Insurance (Again) Because Of Obamacare Co-Op Failures



7. "The U.S. expanded at a 2.2% rate through the first nine months of the year, and the economy is projected to grow at a similar pace in the fourth quarter that ends on Dec. 31. If so, the economy will have failed to reach 3% growth for the 10th straight year, marking the slowest stretch since the end of World War II.
Historically the economy has expanded at a 3.3% rate." U.S. economy set to grow less than 3% for the 10th straight year


8. "Congress has now cleared the way for federal debt to pass $20 trillion by the end of the president’s second term. President Obama said the new budget deal will be paid for in a “balanced” and “responsible” way, but on the day the deal was signed, the federal debt jumped $339 billion—a third of a trillion dollars in one day."Societywatch


9. The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2015 is 0.8 percent on January 8, down from 1.0 percent on January 6. The forecast for the contribution of inventory investment to fourth-quarter real GDP growth declined 0.2 percentage points to -0.8 percentage points after this morning's wholesale trade report from the U.S. Census Bureau.GDPNow


10. "Retail Sales in U.S. Decrease to End Weakest Year Since 2009 Sales at U.S. retailers declined in December to wrap the weakest year since 2009, raising concern about the momentum in consumer spending heading into 2016. The 0.1 percent drop matched the median forecast of 84 economists surveyed by Bloomberg and followed a 0.4 percent gain in November, Commerce Department figures showed Friday in Washington. For all of 2015, purchases climbed 2.1 percent, the smallest advance of the current economic expansion." Retail Sales in U.S. Decrease to End Weakest Year Since 2009


11. " The federal government heavily subsidizes higher education through a complex system of grants and loans. While the programs are great for colleges — they have enabled an astronomical increase in tuition — they contain few measures holding the institutions accountable to their students. As a result, only 59 percent of students graduate from four-year colleges and universities within six years. Those lucky enough to graduate face another hurdle: 44 percent of recent college graduates occupy jobs which do not require a college degree. Taken together, these numbers suggest that only one-third of college enrollees emerge from the system with both a degree and a relevant job." http://fee.org/anythingpeaceful/what-free-college-cant-fix/?mkt_tok=3RkMMJWWfF9wsRokuq/JZKXonjHpfsX57OkvWaW+lMI/0ER3fOvrPUfGjI4ARcNkI+SLDwEYGJlv6SgFQ7HBMbhr1rgPWhk=
12. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion
a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt
b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire


13. According to the 2016 Index of Economic Freedom, an annual publication by The Heritage Foundation, America’s economic freedom has tumbled. With losses of economic freedom in eight of the past nine years, the U.S. has tied its worst score ever, wiping out a decade of progress. Since early 2009:
• Government spending has exploded, amounting to $29,867 per household in 2015.
• The national debt has risen to $125,000 for every tax filing household in America—a total over $18 trillion.
• The government takeover of health care is raising prices and disrupting markets.
• Bailouts and new government regulations have increased uncertainty, stifling investment and job creation. America’s Economic Freedom Has Rapidly Declined Under Obama
14 "Despite the unemployment rate being at an eight-year low (4.9 percent as of January 2016), the number of people on food stamps remains near an all-time high which was 47,636,000 in 2013.
Why the disparity in the numbers? Well, the unemployment rate does not take into account people who are not in, or have dropped out of, the workforce altogether.
The Bureau of Labor Statistics reported in January of this year that approximately 94 million Americans are not participating in the workforce.
We now have a country based on government dependence." Food Stamp Users Near Record High Despite Low Unemployment Rate
15. "CHICAGO (Reuters) - Predominantly African-American neighborhoods in Chicago have seen poverty rise and services diminish even as the nation's third largest city has become less racially segregated,.... black areas are seeing economic stagnation or decline,.... mostly black areas have lost health clinics, social service agencies and other areas of support..." Exclusive: Poverty up, services diminished in Chicago's black neighborhoods - study

16. "Employers added more workers in February than projected but wages unexpectedly declined, dashing hopes that reduced slack in the labor market was starting to benefit all Americans..... Average hourly earnings dropped by 0.1 percent from the prior month, the first decline since December 2014 the Labor Department’s figures showed. Worker pay increased 2.2 percent over the 12 months ended in February, less than the 2.5 percent forecast in the Bloomberg survey. Wage growth has been hovering just above 2 percent year-over-year on average since the current expansion began in mid-2009." Payrolls in U.S. Surge While Wages Drop in Mixed Jobs Report
17. New Obama regulation will deprive middle class investors of access to financial information. "...the controversial pending Department of Labor regulation that would impose new restrictions on a vast swath of financial professionals... a newreport for the Competitive Enterprise Institute, similar restrictions in Great Britain have caused a “guidance gap” in which brokers have largely stopped serving customers with assets less than £150,000 ($240,000).... Such limits on financial discussion may seem to violate the First Amendment..." How Fiduciary Rule May Censor Financial Broadcasters Like Dave Ramsey
“this Obama rule will kill the Middle Class and below ability to access personal advice.”
18. "U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016. The 0.1 percent decline in purchases followed a revised 0.4 percent January decrease, Commerce Department figures showed Tuesday.... “We’re seeing higher rents, higher healthcare expenses,.... Retail sales excluding autos fell 0.1 percent after a 0.4 percent decrease in January, according to Tuesday’s report." Retail Sales in U.S. Decline After January Revised Down
19. "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.”
The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." Realizing The Super Bowl Of American Economic Growth
20. "8 More Obamacare Co-ops Will Probably Shut Down

12 of the 23 taxpayer funded non-profit co-ops created under the Affordable Care Act were shuttered, and the largest of them is under investigation.
Records obtained by Richard Pollack of the Daily Caller indicate another 8 co-ops might be on their way out this year:
'...there’s not a turnaround in sight. The same problems that plagued them before are continuing,”
8 More Obamacare Co-ops Will Probably Shut Down
21. the United States had lost its once-enormous global lead in middle-class pay, based on international income surveys over the last three decades. After-tax median income in Canada appears to have been higher last year than the same measure in this country. The poor in Canada and much of western Europe earn more than the poor here. A Link Between Fidgety Boys and a Sputtering Economy
22. Middle aged people laid off and unable to find work are taking another way out. They're killing themselves. Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved upstate New York. People in need of work are twice as likely to take their own lives as employed people, and people fired in their forties and fifties find it hardest to get hired again.
That makes boosting economic growth a life- and- death issue. But you wouldn't know it listening to Barack Obama and Hillary Clinton. President Obama whitewashes reality, claiming the "American economy is pretty darn good right now."
Soaring Suicides Emerge As a National Crisis Laid to Economic Stall - The New York Sun

23. "U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
The U.S. economy expanded in the first quarter at the slowest pace in two years ....Gross domestic product rose at a 0.5 percent annualized rate after a 1.4 percent fourth-quarter advance, Commerce Department data showed Thursday. The increase was less than the 0.7 percent median projection in a Bloomberg survey and marked the third straight disappointing start to a year." U.S. Economy Expands to 0.5% Pace, Weakest in Two Years
24. "Nearly one in six young men (between the ages of 18-34) in the U.S. were either jobless or incarcerated in 2014, according to a new government report. It details a striking amount of male alienation that has been on the rise since the 1980s.
According to the Congressional Budget Office (CBO), out of the 38 million young men in the U.S. in 2014, 16 percent were jobless (5 million or 13 percent) or incarcerated (1 million or 3 percent). The share of young men without a job or in prison has increased substantially since 1980, when just 11 percent of young men fit into either category." CBO: Nearly 1 in 6 Young Men in U.S. Jobless or Incarcerated - Breitbart
25. "Stocks fall as inflation hits 3-year high
...consumers prices at the consumer level for items ranging from toilet tissue to gasoline rose 0.4% last month, slightly above the 0.3% estimate but its strongest monthly gain in more than three years." Stocks fall as inflation hits 3-year high

26. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike

27. "Then came the jobs numbers. Employers added 38,000 jobs in May, the weakest performance since September 2010. Revisions to previous payroll data showed employers added a combined 59,000 fewer jobs in April and March than previously reported. That brought average monthly job growth in the past three months to 116,000, a sharp slowdown from the average growth of 219,000 over the prior 12 months.

One economist dubbed it “an unqualified dud.”

by Erik Holm"
Recap: Janet Yellen on Economy, Monetary Policy
28. White House Cuts Economic Growth Forecasts
Budget office sees 1.9% growth in 2016, 2.5% in 2017 White House Cuts Economic Growth Forecasts

Looks like more of the work of our "job creators" who have seen 13 trillion in added wealth while refusing to "trickle down"

“Between the early 1980s and 2007 we lived in an economic Golden Age. Never before have so many people advanced so far economically in so short a period of time as they have during the last 25 years. Until the credit crisis, 70 million people a year were joining the middle class. The U.S. kicked off this long boom with the economic reforms of Ronald Reagan, particularly his enormous income tax cuts. We burst from the economic stagnation of the 1970s into a dynamic, innovative, high-tech-oriented economy. Even in recent years the much-maligned U.S. did well. Between year-end 2002 and year-end 2007 U.S. growth exceeded the entire size of China's economy.”

How Capitalism Will Save Us



PUT RON ON THE ROCK!

The "boom" was set off by the emergence of the internet and cell phone technologies

Two things Reagan wouldn't know if he tripped over them

 

[rightwinger]

20 million college grads living with their parents......courtesy of our "job creators"

"Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire




The only folks more responsible for this mess than Obama are those who voted for him.


We on the Right warned you....and every thing we said prove correct.

Obama is the first president ever to have the ridiculous three percent threshold invented for him

He is the first president ever to make America not take 3% growth for granted.

In a world economy where consistent growth between 2.5% and 2.75% was considered good

We had the strongest global economy under Obama and the strongest dollar

 

[Toro]

20 million college grads living with their parents......courtesy of our "job creators"

"Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire




The only folks more responsible for this mess than Obama are those who voted for him.


We on the Right warned you....and every thing we said prove correct.

Obama is the first president ever to have the ridiculous three percent threshold invented for him

He is the first president ever to make America not take 3% growth for granted.

In a world economy where consistent growth between 2.5% and 2.75% was considered good

We had the strongest global economy under Obama and the strongest dollar

The recovery has been the weakest on record.