Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth

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Why the job creators silly

What they have done though is find out how to hire more employees without increasing wages. $50 trillion has been added to our nations wealth.....what they have found is they no longer have to pass that along to their employees
You mean money, not wealth....

He doesn't know what he means. rightwinger is just another Liberals that thinks equal mean results.
We have added $50 trillion to our nations wealth under Obama. That is not funny money made by printing more money....if it was, we would see run away inflation and a worthless dollar

Instead, we have the strongest dollar in decades and low inflation

In the past 18 months, the inflation rate has increased each month with the exception of September, 2015.
Yep....

You would think rightwinger would want a weak dollar compared to other currencies since a stronger one for businesses doing business overseas hurts the profits he thinks should be redistributed to the workers.
 
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Why the job creators. They're paying people what their skills are worth. You blame the wrong people. An employer shouldn't pay someone more than what they offer in return is worth. The worker should provide higher level skills if they want more.
Because that was what they were tasked to do

Remember the rising tide raising all boats? Well it only raised the yachts
We were promised more jobs, higher pay and more prosperity if we cut taxes and deregulated

They just kept the money

Since unemployment is down, that means more jobs have been created and people are now making money instead of living off taxpayers. That means not just the yachts were raised. The problem is you want the dingy raised to the same level as the yacht despite the yacht captain having more skills and knowledge that the one rowing with an oar.

More jobs have been created but those jobs no longer provide the wages and benefits they did Pre-Reagan. There was a time more jobs meant higher wages to compete....they no longer do
The job creators have figured out how to take their profit before they pay a wage rather than pay your employees and see what profit is left

The percent of profit going to employees has dropped significantly since we adopted Reaganomics

Who do you credit for having created all these new jobs?
Why the job creators silly

What they have done though is find out how to hire more employees without increasing wages. $50 trillion has been added to our nations wealth.....what they have found is they no longer have to pass that along to their employees
Can you say obamacare?

The magic of Obamacare was a job eliminator
 
Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge
Obama hasn't grown anything but the circumference of his asshole. Iran, Iraq, Isis, Putin, China, Syria, Libya, the lgbtq mob...they've all been there, done that.
 
Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth

very true
and even more people dependent on gov't
Just the way Papa Obama and Queen Hillary want it


 
Since unemployment is down, that means more jobs have been created and people are now making money instead of living off taxpayers. That means not just the yachts were raised. The problem is you want the dingy raised to the same level as the yacht despite the yacht captain having more skills and knowledge that the one rowing with an oar.

More jobs have been created but those jobs no longer provide the wages and benefits they did Pre-Reagan. There was a time more jobs meant higher wages to compete....they no longer do
The job creators have figured out how to take their profit before they pay a wage rather than pay your employees and see what profit is left

The percent of profit going to employees has dropped significantly since we adopted Reaganomics

Who do you credit for having created all these new jobs?
Why the job creators silly

What they have done though is find out how to hire more employees without increasing wages. $50 trillion has been added to our nations wealth.....what they have found is they no longer have to pass that along to their employees
You mean money, not wealth....

He doesn't know what he means. rightwinger is just another Liberals that thinks equal mean results.
Equally unemployed
 
Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

A statistical anomaly

What Obama has given us is eight years of steady growth. No real peaks, no real valleys , just steady growth in the 2-3 % range

Obama has also seen $50 Trillion added to our nations wealth. More than any president in history

they like forgetting that we were bleeding over 800,000 jobs a month because of baby bush when obama took the reins
 
just shows no recovery.
285000 new jobs for the month announced today.

9 million created since 1 Jan 2009. Americans know you are lying.

Which Americans, the 15 million more on food stamps under Obama despite his claims that unemployment went down? Why can't the black President have the same LOWER number on food stamps as Bush did at the same level of unemployment? I thought you guys said he was good.
The number of people on food stamps went up under Bush and has been rising for 15 years

Blame the job creators

The number of people on food stamps is 15 million higher than it ever was under Bush even at the same unemployment level.
Very true....The Great Bush Recession of 2008 drastically reduced wages. When the wealth and profits came back, employers found they no longer had to pass that along to the employees
Obamacare
 
Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

A statistical anomaly

What Obama has given us is eight years of steady growth. No real peaks, no real valleys , just steady growth in the 2-3 % range

Obama has also seen $50 Trillion added to our nations wealth. More than any president in history

they like forgetting that we were bleeding over 800,000 jobs a month because of baby bush when obama took the reins
You mean the democrat economic collapse....
 
Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

A statistical anomaly

What Obama has given us is eight years of steady growth. No real peaks, no real valleys , just steady growth in the 2-3 % range

Obama has also seen $50 Trillion added to our nations wealth. More than any president in history

they like forgetting that we were bleeding over 800,000 jobs a month because of baby bush when obama took the reins

You like ignoring that despite having the same unemployment rate Bush had 10 years ago that Obama still has 15 million more on food stamps.
 
View attachment 84456
You mean money, not wealth....

He doesn't know what he means. rightwinger is just another Liberals that thinks equal mean results.
We have added $50 trillion to our nations wealth under Obama. That is not funny money made by printing more money....if it was, we would see run away inflation and a worthless dollar

Instead, we have the strongest dollar in decades and low inflation

In the past 18 months, the inflation rate has increased each month with the exception of September, 2015.
Yep....

You would rightwinger would want a weak dollar compared to other currencies since a stronger one for businesses doing business overseas hurts the profits he thinks should be redistributed to the workers.

Can anyone translate this?
 
I bet $10 on tomorrow's baseball game. The notional value of my bet is about $3 billion.
Should I worry?

No, the notional value of your bet is $10. Where the banks make their money on CDS is where the bookie makes his money. Except the banks get their money up front, which is like paying the booky his slice of the bet each and every month until the event occurs. That is why the banks sell Credit Default Swaps; they dont think that they will ever have to pay out - until they do.

So lets say you have this idea that GM is about to go bankrupt, and you buy a $10 million CDS on GM. This sort of thing is the typical kind of CDS that these Wall Street banks sell. The bank then charges you a monthly fee, say 0.1% of the total notional value which is their exposure if GM does go bankrupt which would be a fee of $10k a month. That sounds like a lot of money, and it is, but if you think that GM is about to go bankrupt and you will make $10 million, it is nothing.

But another difference between the bet with a booky and the CDS with a bank is that the CDS event might not ever happen. you could be paying your $10k for 50 years and never have win-lose event like a ball game that brings the bet to a close. The bank is betting that the game never takes place.

Derivatives market - Wikipedia, the free encyclopedia
Products that are always traded over-the-counter are swaps, forward rate agreements, forward contracts, credit derivatives, accumulators etc. The total notional amount of all the outstanding positions at the end of June 2004 stood at $220 trillion. (source: BIS: [3]). By the end of 2007 this figure had risen to $596 trillion and in 2009 it stood at $615 trillion.

Credit default swap - Wikipedia, the free encyclopedia
By the end of 2007, the outstanding CDS amount was $62.2 trillion,[3] falling to $26.3 trillion by mid-year 2010[4] and reportedly $25.5[5] trillion in early 2012. CDSs are not traded on an exchange and there is no required reporting of transactions to a government agency.[6] During the 2007-2010 financial crisis the lack of transparency in this large market became a concern to regulators as it could pose a systemic risk.[7][8][9][10] In March 2010, the Depository Trust & Clearing Corporation (see Sources of Market Data) announced it would give regulators greater access to its credit default swaps database.

A better analogy is with car insurance. Insurance companies wont let you take an insurance policy out for the family down the street. And for good reason; you have no skin in the game, you have nothing at stake in that families car or its well being. So if I called up State Farm and said that I wanted comprehensive insuracne, put every option in it that they have available, State Farm will say no, they dont live with you.

But that is what is happening with CDS. Suppose I knew the guy down the street is a drunkard who for the last 6 weeks in a row has been driving home drunk as a skunk. So I think that taking out a car insurance policy on him and a life insurance policy would be a good gamble, well so would the car insurance company and they would reject my request.

But not banks, as they are so fucking greedy that they are stupid greedy. They would sell you that car insurance plan in a heart beat, were they running car insurance. They do run CDS, and they will sell you a CDS on GM whether you own any stock in GM or not. Not only that, if you knew I took out a CDS on GM, they would sell you a derivatives contract that says that they will pay you if I collect on the CDS, sort of a CDS on a CDS, but technically not a CDS.

The unregulated derivatives market is full of these kinds of contracts and if the CDS market gets hammered in a massive series of defaults like almost happened in 20008, the whole derivatives market is threatened BECAUSE THE MAIN BANKS THAT ARE SELLING CDS ALSO SELL ALL THE OTHER CONTRACTS IN THE DERIVATIVES MARKET.

That means if the CDS market goes *poof* the rest of the derivatives market will also go *poof* too. a catastrophic $1,2000 trillion MOTHER OLF ALL POOFS.

We need to regulate the derivatives market. We need to ban CDS unless you hold the equity that the CDS is taken out on. We need to reinstate Glass Steagal.

We need to do this before everything blows up and we are thrown back into the Stone Age.
 
285000 new jobs for the month announced today.

9 million created since 1 Jan 2009. Americans know you are lying.

Which Americans, the 15 million more on food stamps under Obama despite his claims that unemployment went down? Why can't the black President have the same LOWER number on food stamps as Bush did at the same level of unemployment? I thought you guys said he was good.
The number of people on food stamps went up under Bush and has been rising for 15 years

Blame the job creators

The number of people on food stamps is 15 million higher than it ever was under Bush even at the same unemployment level.
Very true....The Great Bush Recession of 2008 drastically reduced wages. When the wealth and profits came back, employers found they no longer had to pass that along to the employees

Tell me the black President can't get the job done.

Do you credit Obama with the creation of millions of jobs causing unemployment to come down?
Unemployment has come down, profit and wealth has returned

But it is not getting into the hands of those who create it...the workers

We need government to stop being big pussies and force profitable business to either pay more to their workers or pay more in taxes to allow the government to do it
 
View attachment 84456
He doesn't know what he means. rightwinger is just another Liberals that thinks equal mean results.
We have added $50 trillion to our nations wealth under Obama. That is not funny money made by printing more money....if it was, we would see run away inflation and a worthless dollar

Instead, we have the strongest dollar in decades and low inflation

In the past 18 months, the inflation rate has increased each month with the exception of September, 2015.
Yep....

You would rightwinger would want a weak dollar compared to other currencies since a stronger one for businesses doing business overseas hurts the profits he thinks should be redistributed to the workers.

Can anyone translate this?

I can conclude you don't understand how a weak or strong dollar affects businesses doing business overseas.
 
Which Americans, the 15 million more on food stamps under Obama despite his claims that unemployment went down? Why can't the black President have the same LOWER number on food stamps as Bush did at the same level of unemployment? I thought you guys said he was good.
The number of people on food stamps went up under Bush and has been rising for 15 years

Blame the job creators

The number of people on food stamps is 15 million higher than it ever was under Bush even at the same unemployment level.
Very true....The Great Bush Recession of 2008 drastically reduced wages. When the wealth and profits came back, employers found they no longer had to pass that along to the employees

Tell me the black President can't get the job done.

Do you credit Obama with the creation of millions of jobs causing unemployment to come down?
Unemployment has come down, profit and wealth has returned

But it is not getting into the hands of those who create it...the workers

We need government to stop being big pussies and force profitable business to either pay more to their workers or pay more in taxes to allow the government to do it

That you want to force a business to pay more because you think they should proves YOU'RE the pussy.

Still won't answer my question of do you give credit to Obama for creating jobs?
 
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Since unemployment is down, that means more jobs have been created and people are now making money instead of living off taxpayers.
Umm, not really. It also means that more people have take part time jobs that dont meet their budgets but helps to reduce the financial hemorraging for their family. IT means that the Obama regime has simply taken hundreds of thousands of people out of the labor pool.
 
View attachment 84456
We have added $50 trillion to our nations wealth under Obama. That is not funny money made by printing more money....if it was, we would see run away inflation and a worthless dollar

Instead, we have the strongest dollar in decades and low inflation

In the past 18 months, the inflation rate has increased each month with the exception of September, 2015.
Yep....

You would rightwinger would want a weak dollar compared to other currencies since a stronger one for businesses doing business overseas hurts the profits he thinks should be redistributed to the workers.

Can anyone translate this?

I can conclude you don't understand how a weak or strong dollar affects businesses doing business overseas.

You can conclude that English does not seem to be your strong suit. Tell us why other Nation's are shedding our debt and snapping up Gold?
 
Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

A statistical anomaly

What Obama has given us is eight years of steady growth. No real peaks, no real valleys , just steady growth in the 2-3 % range

Obama has also seen $50 Trillion added to our nations wealth. More than any president in history

they like forgetting that we were bleeding over 800,000 jobs a month because of baby bush when obama took the reins
The government propped up those businesses until they could get back on their feet. The workers paid the price for the bad decisions of the capitalists. The capitalists are doing great...the workers aren't
 
View attachment 84456
In the past 18 months, the inflation rate has increased each month with the exception of September, 2015.
Yep....

You would rightwinger would want a weak dollar compared to other currencies since a stronger one for businesses doing business overseas hurts the profits he thinks should be redistributed to the workers.

Can anyone translate this?

I can conclude you don't understand how a weak or strong dollar affects businesses doing business overseas.

You can conclude that English does not seem to be your strong suit. Tell us why other Nation's are shedding our debt and snapping up Gold?

I can conclude you don't grasp basic economic principles. Can you tell me why rightwinger wouldn't want a stronger dollar for those corporations?
 
Because that was what they were tasked to do

Remember the rising tide raising all boats? Well it only raised the yachts
We were promised more jobs, higher pay and more prosperity if we cut taxes and deregulated

They just kept the money

Since unemployment is down, that means more jobs have been created and people are now making money instead of living off taxpayers. That means not just the yachts were raised. The problem is you want the dingy raised to the same level as the yacht despite the yacht captain having more skills and knowledge that the one rowing with an oar.

More jobs have been created but those jobs no longer provide the wages and benefits they did Pre-Reagan. There was a time more jobs meant higher wages to compete....they no longer do
The job creators have figured out how to take their profit before they pay a wage rather than pay your employees and see what profit is left

The percent of profit going to employees has dropped significantly since we adopted Reaganomics

Who do you credit for having created all these new jobs?
Why the job creators silly

What they have done though is find out how to hire more employees without increasing wages. $50 trillion has been added to our nations wealth.....what they have found is they no longer have to pass that along to their employees
Can you say obamacare?

The magic of Obamacare was a job eliminator
Still trying to sell that bullshit when 9 million jobs have been created since Obamacare
 

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