More economic GOOD News...DOW hits new record..on track to hit 17K.

[bendog]

George W. Bush inherited a strong economy, a budget surplus, and a nation at peace.

Eight years later, he left Obama with a shattered economy, a trillion dollar deficit, and two useless wars.

Obama saved the country from another Great Depression, rebuilt GM, reformed healthcare, reformed Wall Street, doubled the stock market, created 16 straight quarters of GDP growth, created 60 months of private sector job growth, got Bin Laden, and got Gaddafi.

Obama has done a very good job.

To be fair, the housing bubble began with Slick. His famous comment on people who complained they didn't get a pay raise was his comment that they got to refi, which lowered their mortgage payments. Slick failed in stemming the stagnant income of workers, and he helped fuel the incomes of speculators.

That isn't to deny the Spendthrift Son was like having a raving alcoholic egotist driving a bus with armed guards preventing any intervention by the terrified passengers.

As for Obama, Jimmy Carter actually cut oil consumption, began the defense buildup, began killing inflations, and had some success on the deficit. If that's success for you, fine.

 

[RKMBrown]

lets see, the market is up to 17K. why are so many still on entitlements? why are so many still on welfare? are these poor not reporting the money they are making on the market? its time the poor start paying their fair share.

Define poor... flat screen TV, apartment, utilities, all the food they want, all the health care they need? Is that what poor is defined as these days?

They are poor because we pay them to stay that way and we fine them if they try to reach for more.

Additionally, in any system of percentages there will always be a top half and a bottom half. It sort of goes with the idea. Only progressives think everyone can be in the top half of a ratio. They really are that dumb.

As for the market. It's actually flat when you factor for the value of the dollar. What happens when you make money worth less by printing it... easy you increase the cost of tangible goods in dollars. Only progressives think you can lower the value of the dollar and have it buy the same as it used to. They really are that stupid.

 

[KissMy]

Obama is mopping the floor with both Bush's. They could only dream of having Obama's increased employment rates.

Employment is rising at increasing velocity. Last 5 months average 231k jobs added per month, last year the average was 194K jobs added per month.

The last time over 200,000 new jobs were created 5 months in a row was in 1999 when Bill Clinton was president!

Bush took the employment rate of working age population from 74% down to 65%.

Bush destroyed 18 million jobs.

Obama took the employment rate of working age population from 65% up to 69%.

Obama restored or created 8 million jobs.

 

[RKMBrown]

Obama is mopping the floor with both Bush's. They could only dream of having Obama's increased employment rates.

Employment is rising at increasing velocity. Last 5 months average 231k jobs added per month, last year the average was 194K jobs added per month.

The last time over 200,000 new jobs were created 5 months in a row was in 1999 when Bill Clinton was president!

Bush took the employment rate of working age population from 74% down to 65%.

Bush destroyed 18 million jobs.

Obama took the employment rate of working age population from 65% up to 69%.

Obama restored or created 8 million jobs.

ROFL ^ thinks a lower number of working Americans is better even though we lost 8million jobs. ROFL you just can't make this shit up. Obama's better than Bush because we have less people working than we had under Bush.. WTF is wrong with you? Are you mentally handicapped?

Did Obama spill on your dress?

 

[Sallow]

Obama is mopping the floor with both Bush's. They could only dream of having Obama's increased employment rates.

Employment is rising at increasing velocity. Last 5 months average 231k jobs added per month, last year the average was 194K jobs added per month.

The last time over 200,000 new jobs were created 5 months in a row was in 1999 when Bill Clinton was president!

Bush took the employment rate of working age population from 74% down to 65%.

Bush destroyed 18 million jobs.

Obama took the employment rate of working age population from 65% up to 69%.

Obama restored or created 8 million jobs.

This probably has conservatives pulling their hair out.

Every conservative economic theory, generally fails miserably.

While liberals ones? Are pretty successful.

The "Greed is good" paradigm only works basically for the greedy.

And that's it.

 

[Sallow]

Obama is mopping the floor with both Bush's. They could only dream of having Obama's increased employment rates.

Employment is rising at increasing velocity. Last 5 months average 231k jobs added per month, last year the average was 194K jobs added per month.

The last time over 200,000 new jobs were created 5 months in a row was in 1999 when Bill Clinton was president!

Bush took the employment rate of working age population from 74% down to 65%.

Bush destroyed 18 million jobs.

Obama took the employment rate of working age population from 65% up to 69%.

Obama restored or created 8 million jobs.

ROFL ^ thinks a lower number of working Americans is better even though we lost 8million jobs. ROFL you just can't make this shit up. Obama's better than Bush because we have less people working than we had under Bush.. WTF is wrong with you? Are you mentally handicapped?

Obama's "better" than Bush because the job losses, both in the public and private sector, were recovered almost entirely by the private sector during Obama's administration.

Government has shrunk and the private sector picked up the slack.

That's something conservatives HAVE NEVER been able to do.

Reagan's economy hobbled along because of government spending and public sector hiring.

Bush's economy hobbled along because of government spending and public sector hiring.

But that didn't happen with Obama.

 

[KissMy]

As for the market. It's actually flat when you factor for the value of the dollar. What happens when you make money worth less by printing it... easy you increase the cost of tangible goods in dollars. Only progressives think you can lower the value of the dollar and have it buy the same as it used to. They really are that stupid.

Your just another flaming idiot claiming Obama is causing inflation.

Corn Price

Gasoline Price

 

[Uncensored2008]

George W. Bush inherited a strong economy, a budget surplus, and a nation at peace.

Chris, you may be a liar and a hack, but you make up for it by being stupid and a troll.

{When: March 11, 2000 to October 9, 2002
Where: Silicon Valley (for the most part)

Percentage Lost From Peak to Bottom: The Nasdaq Composite lost 78% of its value as it fell from 5046.86 to 1114.11.

Synopsis: Decades before the word "dotcom" slipped past our lips as the answer to all of our problems, the internet was created by the U.S. military, who vastly underestimated how much people would want to be online. Commercially the internet started to catch on in 1995 with an estimated 18 million users. The rise in usage meant an untapped market--an international market. Soon, speculators were barely able to control their excitement over the "new economy."
}

Market Crashes: The Dotcom Crash | Investopedia

Fucktard.

 

[Geaux4it]

 

[Againsheila]

Read it an weep gloom and doom conserverinos!

Dow Average and S&P 500 Hit New Highs
Stocks Notch Records as Beaten-Down Shares Mount a Rally

nvestors snapped up shares of companies large and small, driving major indexes to records and reviving beaten-down technology stocks.

The Dow Jones Industrial Average climbed 112.13 points, or 0.7%, to 16695.47, notching its second record finish in as many sessions and its third new high of 2014. The Dow notched 52 records in 2013.

The S&P 500 added 18.17 points, or 1%, to 1896.65, squeezing out its ninth record close of the year.

That along with a great April jobs report should really be making you folks cry.

And yet worker's income is the smallest amount of GDP ever.

 

[bendog]

Read it an weep gloom and doom conserverinos!

Dow Average and S&P 500 Hit New Highs
Stocks Notch Records as Beaten-Down Shares Mount a Rally

nvestors snapped up shares of companies large and small, driving major indexes to records and reviving beaten-down technology stocks.

The Dow Jones Industrial Average climbed 112.13 points, or 0.7%, to 16695.47, notching its second record finish in as many sessions and its third new high of 2014. The Dow notched 52 records in 2013.

The S&P 500 added 18.17 points, or 1%, to 1896.65, squeezing out its ninth record close of the year.

That along with a great April jobs report should really be making you folks cry.

And yet worker's income is the smallest amount of GDP ever.

There you'se goes again. Calling for wealth redistribution.

 

[Againsheila]

Read it an weep gloom and doom conserverinos!



That along with a great April jobs report should really be making you folks cry.

And yet worker's income is the smallest amount of GDP ever.

There you'se goes again. Calling for wealth redistribution.

Nope, calling for fair pay.

 

[Meister]

The most brutal winter in decades.

Nice try though.

Nope, the economists aren't buying that yarn

Which "economist"?

Rush, Hannity or Jones?

Yeah, that would be funny if they were economists.

But, no......real economists, silly.

 

[Uncensored2008]

Nope, calling for fair pay.

You've never defined what "fair pay" is?

Wouldn't "fair" pay just be a rate that the worker accepts freely, and the employer offers freely?

 

[RKMBrown]

Nope, calling for fair pay.

You've never defined what "fair pay" is?

Wouldn't "fair" pay just be a rate that the worker accepts freely, and the employer offers freely?

Fair pay is like a fair grade. If you suck at the assignment, the fair grade is an F.

However to libs fair means no matter how shitty you do or how hard you try or how well you do in the assignment, everyone gets an F together.

 

[Againsheila]

Nope, calling for fair pay.

You've never defined what "fair pay" is?

Wouldn't "fair" pay just be a rate that the worker accepts freely, and the employer offers freely?

Define, "freely". Face it, in today's economy people are working any job they can get for any money they can get paid, it's not "freely" it virtual slavery.

I do not believe workers deserve less value for their work today than they did 30, 40 or 50 years ago.

 

[Uncensored2008]

Define, "freely". Face it, in today's economy people are working any job they can get for any money they can get paid, it's not "freely" it virtual slavery.

I do not believe workers deserve less value for their work today than they did 30, 40 or 50 years ago.

You are FAR more free to take or refuse a job today, than you were 50 years ago. With the Obama dependency society, there is no longer any fear of going hungry or losing your home for refusing to work.

But you are loyal to the Mafia and are determined to prop the mobsters up.

Tell me, are monopolies bad?

 

[RKMBrown]

Nope, calling for fair pay.

You've never defined what "fair pay" is?

Wouldn't "fair" pay just be a rate that the worker accepts freely, and the employer offers freely?

Define, "freely". Face it, in today's economy people are working any job they can get for any money they can get paid, it's not "freely" it virtual slavery.

I do not believe workers deserve less value for their work today than they did 30, 40 or 50 years ago.

What makes you think workers are getting less value for their work today than they did 30, 40, or 50 years ago? Is this another one of those lib feelings you have?

 

[Sallow]

Nope, the economists aren't buying that yarn

Which "economist"?

Rush, Hannity or Jones?

Yeah, that would be funny if they were economists.

But, no......real economists, silly.

Well you could toss a name around..you know..like Krugman?

A real economist?

 

[Sallow]

You've never defined what "fair pay" is?

Wouldn't "fair" pay just be a rate that the worker accepts freely, and the employer offers freely?

Define, "freely". Face it, in today's economy people are working any job they can get for any money they can get paid, it's not "freely" it virtual slavery.

I do not believe workers deserve less value for their work today than they did 30, 40 or 50 years ago.

What makes you think workers are getting less value for their work today than they did 30, 40, or 50 years ago? Is this another one of those lib feelings you have?

Because, that was the reason for Ronnie and his union busting buddies to smash the in the first place..dude.

So they'd make less.