Let The Truth Be Told About The Obama Economy!!!

[1stRambo]

Yo, take a look at the Lies the "Obama Administration" has been spitting out? Yes folks? We Have a wannabe "Dictator Socialist" in the Gay House!!!

With Trump lurking, the Fed’s rate hikes become unlikely
By John Crudele

March 24, 2016 | 1:32am

Because of that, the Fed said it would raise interest rates only twice this year and not the four times it had originally planned.

The upcoming election and, especially, the surprising strength of Donald Trump also make it almost impossible for the Fed to boost rates. If Trump gets elected, the Fed will almost immediately be hit by audits that will reveal lots of secret, sinister things.

So Fed Chair Janet Yellen and her fellow central bankers can’t do anything — like raise the cost of money — that might slow the economy down and give Trump a better shot at winning the presidency.

But the main cause of the “dovish” communiqué from the Fed last Thursday is a realization that business conditions are still weak and that economic statistics that say otherwise are wrong.

If you take the data at face value, the economy grew at around a 2 percent annual rate in the first quarter. That’s mediocre, but still twice the rate of expansion at the end of 2015, when the Fed started hiking rates and vowed to raise them four times in 2016.

Logically, the Fed should be twice as enthusiastic about rate hikes now than it was in December, when it raised borrowing costs for the first time in 10 years.

But it wasn’t. Why? Probably because it has a healthy skepticism regarding the economic numbers being spit out by government agencies. And there’s good reason for that doubt.

Take, for instance, the correction recently made to retail sales figures for January by the Census Bureau as well as the more recent sales figures for February. Census is the most useless department of government. That was proven once again when Census revised January sales figures to a loss of 0.4 percent compared with December’s levels. Originally, Census said January’s sales were 0.2 percent higher than December’s levels.

http://nypost.com/2016/03/24/with-trump-lurking-the-feds-rate-hikes-become-unlikely/

"GTP"

 

[Luddly Neddite]

YoYo has a very sloppy, messing way of "thinking". YoYo has no clue and cannot explain what our currently healthy Obama economy and gays have to do with the fed.

But YoYo is sure that the black guy in the Oval Office is the real reason for the complete mess YoYo has made of his own life and, further, the reason YoYo is still on welfare.

 

[EdwardBaiamonte]

our currently healthy Obama economy

yes its so healthy people are earning less than they were 20 years ago and the Fed is afraid to raise interest rates above 0%, an all time low thanks to the commie in the Whitehouse,

 

[sealybobo]

YoYo has a very sloppy, messing way of "thinking". YoYo has no clue and cannot explain what our currently healthy Obama economy and gays have to do with the fed.

But YoYo is sure that the black guy in the Oval Office is the real reason for the complete mess YoYo has made of his own life and, further, the reason YoYo is still on welfare.

YoYo is a fucking idiot.

Minimum And Overall Wages Are Rising, Luring Workers Back

Meanwhile the economy is getting better and Republicans can't stand giving Obama credit.

 

[sealybobo]

Yo Yo.

In fact, the Service Employees International Union labeled this "a historic week." Here's what happened on the wage front in recent days:

The Labor Department said Friday that last month, employers created 215,000 jobsand raised average hourly earnings by seven cents, to $25.43. That might not sound like much of a raise, but compared with one year ago, wages are up 2.3 percent.

 

[sealybobo]

Even a small wage uptick might be helping lure "discouraged" workers back into the labor force. In recent years, the percentage of people who count themselves as workers — whether employed or just seeking positions — has been shrinking.

Many economists have attributed that decline to frustration with low pay. To make jobs worth the effort, paychecks have to be big enough to allow workers to cover their costs, such as transportation, child care, uniforms and such. When the Great Recession pushed down wages and killed off job openings, millions of Americans decided not to even look for work.

 

[ScienceRocks]

idiot op

Our businesses have added 14.4 million jobs over the past 73 months—the longest streak ever: http://go.wh.gov/MarchJobs

 

[EdwardBaiamonte]

our currently healthy Obama economy

you would not call economy healthy with U6 unemployment at 10% and the Fed afraid to raise interest rates above 0%! How could it be healthy with a anti business libsocialist in the WH??

 

[sealybobo]

our currently healthy Obama economy

you would not call economy healthy with U6 unemployment at 10% and the Fed afraid to raise interest rates above 0%! How could it be healthy with a anti business libsocialist in the WH??

You cons are so funny. I thought you were going to point to the debt. Let's be honest. Obama is the Michael Jordan of economics.

There was even a report out yesterday that wages have gone up too so the long term unemployed are deciding to go back and look for a job. And companies once again have to compete for good help. This is what happens in a good economy. I believe Republicans like unemployment high. It keeps wages down.

 

[sealybobo]

idiot op

Our businesses have added 14.4 million jobs over the past 73 months—the longest streak ever: http://go.wh.gov/MarchJobs

The bush recession is over. And kasich Cruz and trump want to make us great again. They must mean 2008

 

[Unkotare]

... Let's be honest. Obama is the Michael Jordan of economics.
....

Let's really be honest. He's the McClellan of economics. Most recoveries from recession in US history have been robust and highly productive. This has been one of the most anemic recoveries ever because obama has obstructed, blundered and fettered instead of just getting out of the fucking way.

 

[rightwinger]

The only truth you need to know is we have the strongest economy in the world

 

[rightwinger]

our currently healthy Obama economy

you would not call economy healthy with U6 unemployment at 10% and the Fed afraid to raise interest rates above 0%! How could it be healthy with a anti business libsocialist in the WH??

U6 unemployment is down six percent under Obama....not too shabby

 

[EdwardBaiamonte]

our currently healthy Obama economy

you would not call economy healthy with U6 unemployment at 10% and the Fed afraid to raise interest rates above 0%! How could it be healthy with a anti business libsocialist in the WH??

U6 unemployment is down six percent under Obama....not too shabby

10% unemployment is horrific and so is declining wages but it is what you'd expect from libsocialist anti business president!

 

[rightwinger]

our currently healthy Obama economy

you would not call economy healthy with U6 unemployment at 10% and the Fed afraid to raise interest rates above 0%! How could it be healthy with a anti business libsocialist in the WH??

U6 unemployment is down six percent under Obama....not too shabby

10% unemployment is horrific and so is declining wages but it is what you'd expect from libsocialist anti business president!

All measures of unemployment are down
Wages are up

5% unemployment is lower than Reagan ever gave us

 

[EdwardBaiamonte]

our currently healthy Obama economy

you would not call economy healthy with U6 unemployment at 10% and the Fed afraid to raise interest rates above 0%! How could it be healthy with a anti business libsocialist in the WH??

U6 unemployment is down six percent under Obama....not too shabby

10% unemployment is horrific and so is declining wages but it is what you'd expect from libsocialist anti business president!

All measures of unemployment are down
Wages are up

5% unemployment is lower than Reagan ever gave us

Unemployment U6 is 10% income is down and the economy is so feeble that the Fed is afraid to raise interest rates above 0%. It figures the two anti business commies FDR and Obama would give us the 2 worst economies in US history!

 

[rightwinger]

our currently healthy Obama economy

you would not call economy healthy with U6 unemployment at 10% and the Fed afraid to raise interest rates above 0%! How could it be healthy with a anti business libsocialist in the WH??

U6 unemployment is down six percent under Obama....not too shabby

10% unemployment is horrific and so is declining wages but it is what you'd expect from libsocialist anti business president!

All measures of unemployment are down
Wages are up

5% unemployment is lower than Reagan ever gave us

Unemployment U6 is 10% income is down and the economy is so feeble that the Fed is afraid to raise interest rates above 0%. It figures the two anti business commies FDR and Obama would give us the 2 worst economies in US history!

We have the strongest economy in the world

Thanks President Obama!

 

[EdwardBaiamonte]

you would not call economy healthy with U6 unemployment at 10% and the Fed afraid to raise interest rates above 0%! How could it be healthy with a anti business libsocialist in the WH??

U6 unemployment is down six percent under Obama....not too shabby

10% unemployment is horrific and so is declining wages but it is what you'd expect from libsocialist anti business president!

All measures of unemployment are down
Wages are up

5% unemployment is lower than Reagan ever gave us

Unemployment U6 is 10% income is down and the economy is so feeble that the Fed is afraid to raise interest rates above 0%. It figures the two anti business commies FDR and Obama would give us the 2 worst economies in US history!

We have the strongest economy in the world

Thanks President Obama!

10% unemployment is good to a liberal!!