IcebergSlim
Diamond Member
- Oct 11, 2013
- 10,886
- 9,142
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- Banned
- #201
You liberals love to fuck things up then blame others when the shit hits the fan. That disaster was caused by Bill Clinton and then when it was pointed out the failings that were going to occur, good ole liberals Barney Frank, Maxine Waters, and Chris Dodd, used the race card to keep the program going. You mother fuckers never take responsibility for your screwed up actions. This is why liberals are the stupidest people in the Universe.Bri,No it doesn't moron
here is one that does:
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So the net was negative for his administration - and still considerably below the value in 2000
Median income: The jump in median income was one of the largest annual increases Census has recorded. The growth was also widespread, with geographic regions and races (except for Asians) seeing increases.
Behind the pay hike is the big increase in employment, Census officials said. Some 3.3 million more Americans were working full-time, year-round, pushing up median income. Some 1.4 million more men and 1 million more women had jobs last year.
"Strong labor markets make a big difference in helping to connect low- and middle-income working families to the broader economy," said Jared Bernstein, senior fellow at the Center on Budget and Policy Priorities.
Median income jumps 5.2% in 2015
Note the underlined....what do you figger will happen to real median household income consequent to a Lost Decade where private sector payrolls SHRANK over the course of 8 years?
Of course, it still didn't make up for the decline that occurred during his administration. The net result is that average income declined under Obama, It sill hasn't risen above the level we enjoyed in 2000. That's a record no sane person would crow about.
Why are you still here? Have you no shame?
The "decline" occurred because a guy for whom you cast 2 enthusiastic votes left the US (and world) economy a smoking crater. This was, by far, the worst economic disaster to befall the nation since The Great Depression. That labor markets have recovered to their present state is a miracle. The ONLY way income were going to rise was if the economy could generate enough jobs to make up for the slack of the previous 8 years......that "slack" represented about 8 million private sector jobs....
And unlike every other post WW2 recovery, this one - in the wake of the WORST recession during that time - had to proceed without the benefit of discretionary fiscal lift.
In fact, the recovery in labor markets was strong enough to grow real median household income at the highest annual rate recorded, in 2014.
Clinton's Legacy: The Financial and Housing MeltdownThen why is Clinton culpable? Because his secretary of housing and urban development, Andrew Cuomo, current governor of New York and a likely 2016 presidential aspirant, accelerated easy-housing policies and inflated the housing bubble, setting the stage for its collapse.
You liberals love to fuck things up then blame others when the shit hits the fan.
5, 4, 3, 2......
That disaster was caused by Bill Clinton
Just another of the many reasons why you are Bripat's Moron-in-Waiting.