Nice Going Barack Obama: 47 Major Retailers Announce Closing of 6,000 Stores Across the Country

[danielpalos]

And the Walmart closings and the unemployment numbers go down!!! We are running under a 1% gowth rate and these bozo's announce unemployment numbers are down.


Oz is ghey

Date US GDP Growth Rate
Mar 31, 2015 3.91%
Dec 31, 2014 3.66%
Dec 31, 2013 4.57%
Dec 31, 2012 3.47%
Dec 31, 2011 3.64%
Dec 31, 2010 4.56%
Dec 31, 2009 0.11%
Dec 31, 2008 -0.92%

US GDP Growth Rate by Year

Notice Obama wasn't sworn in until 2009

So tell us. Are you a liar or a stupid fuck. Has to be one or the other. Which is it?

This is why right wingers refuse to learn how to use Google.

US Gross Domestic Product GDP History United States 1950-2010 - Federal State Local Data
2000 10284.8 282.162 624.2 6.46%

Bush presidency
2001 10621.8 284.969 337 3.28%
2002 10977.5 287.625 355.7 3.35%
2003 11510.7 290.108 533.2 4.86%
2004 12274.9 292.805 764.2 6.64%
2005 13093.7 295.517 818.8 6.67%
2006 13855.9 298.38 762.2 5.82%
2007 14477.6 301.231 621.7 4.49%
2008 14718.6 304.094 241 1.66%
2009 14418.7 306.772 -299.9 -2.04%
2010 14964.4 309.347 545.7 3.78%

Dec 31, 2014 3.66%
Dec 31, 2013 4.57%
Dec 31, 2012 3.47%
Dec 31, 2011 3.64%
Dec 31, 2010 4.56%
Dec 31, 2009 0.11%
Dec 31, 2008 -0.92%

hmmmm Which presidency had a larger percentage of GDP growth...for those that can read the above numbers.........
So Bush had average annual GDP increase of 5.2%
Bush average GDP increase 5.2% all while the below events occurred!
Obama... average GDP 3.50% and NONE of the below events... NO hurricanes since 2005!!!

AND REMEMBER Bush had ALL these Cataclysmic events occur NONE of which Obama has faced!

Recession
1) Are you aware that a recession started under Clinton and became official 3/01 ended 11/01?
Source: USATODAY.com - It s official 2001 recession only lasted eight months

A Major $5 trillion market loss
2) Are you aware that the dot.com bust occurred and cost $5 trillion in losses?
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $5 trillion dollars in market value for tech companies. More than half of the Internet companies created since 1995 were gone by 2004 - and hundreds of thousands of skilled technology workers were out of jobs.
Source: The dot-com bubble How to lose 5 trillion Anderson Cooper 360 - CNN.com Blogs

The worst attacks on the USA in History.. 3,000 deaths!!!
3)Obviously most of you are UNAWARE 9/11 cost 3,000 lives, $2 trillion in lost businesses,market values assets.
Jobs lost in New York owing to the attacks: 146,100 JUST in New York.
Year 2001: September 11 Terrorist Attacks
The 9/11 terrorist attacks were the events that helped shape other financial events of the decade. After that terrible day in September 2001, our economic climate was never to be the same again. It was only the third time in history that the New York Stock Exchange was shut down for a period of time. In this case, it was closed from September 10 - 17. Besides the tragic human loss of that day, the economic loss cannot even be estimated. Some estimate that there was over $60 billion in insurance losses alone. Airlines didn't fly for 3 days!
Approximately 18,000 small businesses were either displaced or destroyed in Lower Manhattan after the Twin Towers fell. There was a buildup in homeland security on all levels. 9/11 caused a catastrophic financial loss for the U.S.
Source: The Top 10 Financial Events of the Decade
Anthrax Attacks...
The 2001 anthrax attacks in the United States, also known as Amerithrax from its Federal Bureau of Investigation (FBI) case name, occurred over the course of several weeks beginning on Tuesday, September 18, 2001, one week after the September 11 attacks. Letters containing anthrax spores were mailed to several news media offices and two DemocraticU.S. Senators, killing five people and infecting 17 others.

4) $1 trillion in losses due to the WORST Hurricane SEASONS in history.
The worst, Katrina made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.

Rank Disaster Year Deaths Damage* $250 Billion in damages in the 8 disasters of the top 15 disasters in history!
1. Hurricane Katrina (LA/MS/AL/FL) 2005 1833 $133,800,000,000
6. Hurricane Ike (TX/LA/MS) 2008 112 $27,000,000,000
7. Hurricane Wilma (FL) 2005 35 $17,100,000,000
8. Hurricane Rita (TX/LA) 2005 119 $17,100,000,000
9. Hurricane Charley (FL) 2004 35 $16,500,000,000
12. Midwest Floods 2008 24 $15,000,000,000
13. Hurricane Ivan (FL/AL) 2004 57 $13,000,000,000
14. 30-State Drought 2002 0 $11,400,000,000
Costliest U.S. Weather Disasters Weather Underground

THESE events OCCURRED!
YET in SPITE of
a) 400,000 jobs due to Hurricanes Katrina/Rita ,
b) 2,800,000 jobs in alone due to 9/11,
c) 300,000 jobs lost due to dot.com busts...
In spite of nearly $8 trillion in lost businesses, market values, destroyed property.. IN SPITE of that:

AFTER the tax cuts Federal Tax REVENUES Increased an average of 9.78% per year!!!
Government Revenue Details Federal State Local for 2008 - Charts

And as far as spending like a drunken sailor....???

2000 $236.2 billion surplus
2001 $128.2 billion surplus
2002 $157.8 billion deficit.. also 9/11 occurred and tax revenues lowered for years later
2003 $377.6 billion deficit.. BRAND new cabinet Homeland Security, plus loans made to businesses.. again tax revenues down..affect of 9/11
2004 $412.7 billion deficit.. Revenues up by 5.5% spending increased and economy getting back.
2005 $318.3 billion deficit.. revenues up by 14.5% deficit decreasing at rate of 22%
2006 $248.2 billion deficit.. revenues up by 11.7% deficit decrease 22%
2007 $160.7 billion deficit.. revenues up by 6.7% deficit decrease 35%
2008 $458.6 billion deficit.. revenues down and deficit INCREASED TARP loan mostly...
Historical Federal Receipt and Outlay Summary

And for what you really ignorant LIPs totally seem to be unaware of TARP turning a profit???

Bailout Scorecard Eye on the Bailout ProPublica
TARP made a $55.1 Billion profit!
View attachment 41010

The facts are right there in front of you and you can't even see them. The Bush economy was built on a lie. That's why it crashed. The tax cuts added trillions to the deficit and spread money around that wasn't there.
This is the problem. Republicans think their lies are so wonderful until they fall flat, then it must be the fault of Democrats.
Obama brought the economy back while fighting Republicans every step of the way. Republicans who did everything they could to undermine him and the economy. The honest ones admit it.

THESE ARE THE FACTS!!
WHAT the hell is wrong with people like you that can't admit these EVENTS totally impacted all our lives and IN SPITE of it..
Bush kept the country going!

PLEASE TELL ME THESE EVENTS DIDN"T OCCUR? Tell the 5,000 people that died they didn't occur!
Tell the people that lost jobs...they didn't occur! Tell the nearly $8 trillion in real property,stock market losses, tax revenues these events didn't occur!!!
WAS THERE A RECESSION ???
Recession
1) Are you aware that a recession started under Clinton and became official 3/01 ended 11/01?
Source: USATODAY.com - It s official 2001 recession only lasted eight months

Was there A Major $5 trillion market loss??
2) Are you aware that the dot.com bust occurred and cost $5 trillion in losses?
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $5 trillion dollars in market value for tech companies. More than half of the Internet companies created since 1995 were gone by 2004 - and hundreds of thousands of skilled technology workers were out of jobs.
Source: The dot-com bubble How to lose 5 trillion Anderson Cooper 360 - CNN.com Blogs

Did the worst attacks on the USA in History.. 3,000 deaths occur???
3)Obviously most of you are UNAWARE 9/11 cost 3,000 lives, $2 trillion in lost businesses,market values assets.
Jobs lost in New York owing to the attacks: 146,100 JUST in New York.
Year 2001: September 11 Terrorist Attacks
The 9/11 terrorist attacks were the events that helped shape other financial events of the decade. After that terrible day in September 2001, our economic climate was never to be the same again. It was only the third time in history that the New York Stock Exchange was shut down for a period of time. In this case, it was closed from September 10 - 17. Besides the tragic human loss of that day, the economic loss cannot even be estimated. Some estimate that there was over $60 billion in insurance losses alone. Airlines didn't fly for 3 days!
Approximately 18,000 small businesses were either displaced or destroyed in Lower Manhattan after the Twin Towers fell. There was a buildup in homeland security on all levels. 9/11 caused a catastrophic financial loss for the U.S.
Source: The Top 10 Financial Events of the Decade
Anthrax Attacks...
The 2001 anthrax attacks in the United States, also known as Amerithrax from its Federal Bureau of Investigation (FBI) case name, occurred over the course of several weeks beginning on Tuesday, September 18, 2001, one week after the September 11 attacks. Letters containing anthrax spores were mailed to several news media offices and two DemocraticU.S. Senators, killing five people and infecting 17 others.

DID the worst hurricane SEASONS IN HISTORY never occur??
4) $1 trillion in losses due to the WORST Hurricane SEASONS in history.
The worst, Katrina made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.

Rank Disaster Year Deaths Damage* $250 Billion in damages in the 8 disasters of the top 15 disasters in history!
1. Hurricane Katrina (LA/MS/AL/FL) 2005 1833 $133,800,000,000
6. Hurricane Ike (TX/LA/MS) 2008 112 $27,000,000,000
7. Hurricane Wilma (FL) 2005 35 $17,100,000,000
8. Hurricane Rita (TX/LA) 2005 119 $17,100,000,000
9. Hurricane Charley (FL) 2004 35 $16,500,000,000
12. Midwest Floods 2008 24 $15,000,000,000
13. Hurricane Ivan (FL/AL) 2004 57 $13,000,000,000
14. 30-State Drought 2002 0 $11,400,000,000
Costliest U.S. Weather Disasters Weather Underground

THESE events OCCURRED!

YET in SPITE of
a) 400,000 jobs due to Hurricanes Katrina/Rita ,
b) 2,800,000 jobs in alone due to 9/11,
c) 300,000 jobs lost due to dot.com busts...
In spite of nearly $8 trillion in lost businesses, market values, destroyed property.. IN SPITE of that:

AFTER the tax cuts Federal Tax REVENUES Increased an average of 9.78% per year!!!
Government Revenue Details Federal State Local for 2008 - Charts

And as far as spending like a drunken sailor....???

2000 $236.2 billion surplus
2001 $128.2 billion surplus
2002 $157.8 billion deficit.. also 9/11 occurred and tax revenues lowered for years later
2003 $377.6 billion deficit.. BRAND new cabinet Homeland Security, plus loans made to businesses.. again tax revenues down..affect of 9/11
2004 $412.7 billion deficit.. Revenues up by 5.5% spending increased and economy getting back.
2005 $318.3 billion deficit.. revenues up by 14.5% deficit decreasing at rate of 22%
2006 $248.2 billion deficit.. revenues up by 11.7% deficit decrease 22%
2007 $160.7 billion deficit.. revenues up by 6.7% deficit decrease 35%
2008 $458.6 billion deficit.. revenues down and deficit INCREASED TARP loan mostly...
Historical Federal Receipt and Outlay Summary

And for what you really ignorant LIPs totally seem to be unaware of TARP turning a profit???

Bailout Scorecard Eye on the Bailout ProPublica
TARP made a $55.1 Billion profit!
View attachment 41013

I truly don't understand you people that can't admit the above events HAD A VERY DEEP IMPACT on all of us and our economy!
Are you idiots so blatantly political ideologues that truth/Facts are irrelevant to you?

everybody except the Right knows it takes money to make more money under Any form of Capitalism.

 

[ninja007]

ok guys we have at least one lib on record say he don't care about thousands of people losing their job. But they throw a stink if one minority gets thrown off of welfare. Liberalism is a mental disorder.

 

[BlueGin]

ok guys we have at least one lib on record say he don't care about thousands of people losing their job. But they throw a stink if one minority gets thrown off of welfare. Liberalism is a mental disorder.

They are also on record stating that the jobs lost are crap jobs anyway so no loss... And anyone working them are losers.

Yet ...they want to pay burger flippers as much as school teachers. Freaks. LOL

 

[danielpalos]

ok guys we have at least one lib on record say he don't care about thousands of people losing their job. But they throw a stink if one minority gets thrown off of welfare. Liberalism is a mental disorder.

it is the cognitive dissonance of the Right that prevents us from solving simple poverty, yesterday. it could be done on an at-will basis in our at-will employment States; but for the Right's insistence on a work ethic from the Iron Age.

simply reserving labor at the rock bottom cost of a form of minimum wage could end any need for minimum wage laws upon employers. in effect, it would be Socialism bailing out Capitalism like usual by socializing the minimum wage.

 

[danielpalos]

ok guys we have at least one lib on record say he don't care about thousands of people losing their job. But they throw a stink if one minority gets thrown off of welfare. Liberalism is a mental disorder.

They are also on record stating that the jobs lost are crap jobs anyway so no loss... And anyone working them are losers.

Yet ...they want to pay burger flippers as much as school teachers. Freaks. LOL

70k isn't too bad for Labor; why don't Capitalists try it?

 

[ninja007]

ok guys we have at least one lib on record say he don't care about thousands of people losing their job. But they throw a stink if one minority gets thrown off of welfare. Liberalism is a mental disorder.

it is the cognitive dissonance of the Right that prevents us from solving simple poverty, yesterday. it could be done on an at-will basis in our at-will employment States; but for the Right's insistence on a work ethic from the Iron Age.

simply reserving labor at the rock bottom cost of a form of minimum wage could end any need for minimum wage laws upon employers. in effect, it would be Socialism bailing out Capitalism like usual by socializing the minimum wage.

making everyone who works pay for those who do not work is a lib recipe of failure since lbj instituted it. Cons believe in charity through church. Cons give much more than libs if you hadn'r heard.

 

[Synthaholic]

Unfortunately employees like to eat and pay their bills.

So you favor a minimum wage hike?

You wanting more unemployed workers?

RW Talking Point.

 

[Rexx Taylor]

The devastation this constitutionally ineligible non-natural born citizen president is causing to businesses and families is unimaginable. This is terrible news.

Wow. 47 Major Retailers Announce Closing of 6 000 Stores Across the Country

now where am I going to get my Prune Juice?

 

[2aguy]

1700 Radio Shacks are closing and that's devastating news? When's the last time you bought anything of consequence at a Radio Shack?

Then why do we have more total employment now than we ever have in US history?

we don't the real unemployment rate is over 10%. The actual number to look at is the labor participation rate...93 million people are no longer looking for work........the only way they get the unemployment rate to it's current level is because so many people are no longer counted....

if only previous Presidents had realized taking people out of the job market completely would lower the unemployment rate....we could have had 0 unemployment years ago by just driving everyone out of looking for work....

 

[edthecynic]

we don't the real unemployment rate is over 10%. The actual number to look at is the labor participation rate...93 million people are no longer looking for work........the only way they get the unemployment rate to it's current level is because so many people are no longer counted....

if only previous Presidents had realized taking people out of the job market completely would lower the unemployment rate....we could have had 0 unemployment years ago by just driving everyone out of looking for work....

You do know that Bush had 80 million not in the labor force? Funny you never counted them for Bush's "real" unemployment rate!!!

 

[Rexx Taylor]

so where is Micheal Moore and Ed Schultz going to get their 1/2 price steak&lobster meals now? its all they eat, right?

 

[NYcarbineer]

1700 Radio Shacks are closing and that's devastating news? When's the last time you bought anything of consequence at a Radio Shack?

Then why do we have more total employment now than we ever have in US history?

we don't the real unemployment rate is over 10%. The actual number to look at is the labor participation rate...93 million people are no longer looking for work........the only way they get the unemployment rate to it's current level is because so many people are no longer counted....

if only previous Presidents had realized taking people out of the job market completely would lower the unemployment rate....we could have had 0 unemployment years ago by just driving everyone out of looking for work....

RWnuts like you started looking for odd new ways to view the unemployment numbers - solely to make them look worse -

the day Obama was elected.

 

[JoeB131]

You do know that Bush had 80 million not in the labor force? Funny you never counted them for Bush's "real" unemployment rate!!!

remember the mantra of hte Obama Hater. Something is only bad if THE BLACK GUY DID IT.

 

[JoeB131]

we don't the real unemployment rate is over 10%. The actual number to look at is the labor participation rate...93 million people are no longer looking for work........the only way they get the unemployment rate to it's current level is because so many people are no longer counted....

if only previous Presidents had realized taking people out of the job market completely would lower the unemployment rate....we could have had 0 unemployment years ago by just driving everyone out of looking for work....

93 million people if you count the retired and too old to work. what you leave out is that number was always going to go up as the Baby Boomers started taking retirement.

But never try to use reason with an Obama hater.

 

[danielpalos]

Why are we still playing shell-games with Statism regarding unemployment numbers?

It does not require rocket science to solve simple poverty and a natural rate of unemployment in our Republic; and, we have already been to the moon and back, last millennium.

 

[rdean]

Funny,

We were spending more on infrastructure, science, r&d and education under Reagan then today. Clinton Balanced the budget without cutting one red cent out of such...

Please educate yourself on the real causes.
Military---nation building!!! cost big bucks!!!
Welfare
Heathcare

Republicans are afraid of people who don't want us in their country and they spent trillions lying to trick us into unwarranted middle east involvement and blowing things up over there for no reason they can explain beyond "they hate us for our freedom" and then rebuilding what they blew up.

In this country, they block millions from health care, they cut help for poor children, hell, they are so fucked up and ignorant, many don't believe poor people even exist in this country. They are more afraid of camel jockey's 12,000 miles away than disease, bridges falling down, decaying infrastructure, pollution and things that threaten this country from within.. They are just fucking idiot tards and there are just so many. Even Republicans know I'm right, deep down, they refuse to acknowledge the truth. They hate the black president, think the rich are gods and believe corporations are where all good flows from.

 

[Hossfly]

Funny,

We were spending more on infrastructure, science, r&d and education under Reagan then today. Clinton Balanced the budget without cutting one red cent out of such...

Please educate yourself on the real causes.
Military---nation building!!! cost big bucks!!!
Welfare
Heathcare

Republicans are afraid of people who don't want us in their country and they spent trillions lying to trick us into unwarranted middle east involvement and blowing things up over there for no reason they can explain beyond "they hate us for our freedom" and then rebuilding what they blew up.

In this country, they block millions from health care, they cut help for poor children, hell, they are so fucked up and ignorant, many don't believe poor people even exist in this country. They are more afraid of camel jockey's 12,000 miles away than disease, bridges falling down, decaying infrastructure, pollution and things that threaten this country from within.. They are just fucking idiot tards and there are just so many. Even Republicans know I'm right, deep down, they refuse to acknowledge the truth. They hate the black president, think the rich are gods and believe corporations are where all good flows from.

What you think we think is only what you think.Because all liberal pukes are paranoid little pricks.

 

[pinqy]

1700 Radio Shacks are closing and that's devastating news? When's the last time you bought anything of consequence at a Radio Shack?

Then why do we have more total employment now than we ever have in US history?

we don't the real unemployment rate is over 10%. The actual number to look at is the labor participation rate...93 million people are no longer looking for work........the only way they get the unemployment rate to it's current level is because so many people are no longer counted....

if only previous Presidents had realized taking people out of the job market completely would lower the unemployment rate....we could have had 0 unemployment years ago by just driving everyone out of looking for work....

Why would you classify someone who doesn't want a job as unemployed (93% of that 93 million) or people who have either never looked or haven't looked in over a year, or just decided not to get a job?

And no definitions or methodology for the UE rate have changed under Obama. The definition of unemployed has always I caused looking for work.