Obamacare Economy: 7 Years, 16 million Jobs Created, Middle Class Incomes Up $3K

[Markle]

Actually, many of us noticed that U3 dropped below 5 MORE THAN A YEAR AGO.....

Yes, because of this:

 

[Oldstyle]

What was the GDP growth Q1 when Obama took over? Just asking? You know the messiah who inherited an economy from Bush? President Trump inherited an economic mess from Obama? Double standards, without them liberals would have no standards at all.

In the spirit of giving, I'm gonna do you a major solid....


I'm not going to post that number before giving you a chance to look it up and get back to me....


You've got 5 minutes.....then I'm gonna show you what a fucking beefwit you are....

The number in question was NEGATIVE 5%......on the heels of a blistering NEGATIVE 8.2


Just how fucking oblivious and uninformed would someone have to be?

We're talking AndaronfuckingStupid.

So Trumps 1st qtr was .7% and you say that the bi racial, Muslim loving, Homosexual, ex dictators 1st was -5%. You fuckers ream Trump for his number, but O's was a lot worse. Glad you posted it and not me, for then you would be saying it was bullshit.

Obama's was worse because we were in a recession. What's Trump's excuse?

He had to take over for 8 years of Obamanomics and the propaganda machine where Obama inherited from Waters, Dodd, and Frank a housing collapse, and then during those 8 years played golf, denied 4 US citizens help in Benghazi, parties with liberal elites, and put the most in poverty since the FDR. Yep Obama sure did worse, and Trump already did well, didn't you see unemployment reach the 4%? Or is your head way up your Bambi ass?

In other words, Trump inherited a growing economy from Obama while Obama inherited an economy in massive recession.

Thanks for confirming.

The economy was growing prior to Trump being sworn in...because Trump was going to be sworn in!

What he inherited is the longest period of tepid economic growth since The Great Depression...from a President who hasn't HAD a plan to grow the economy since Larry Summers left his administration YEARS ago!

 

[Markle]

You are an idiot......they only set the standards of CONFORMING LOANS to determine what they would buy......this had NOTHING to do with what mortgage originators were doing. They were passing the paper to private sector CMO securitizers.....

The GSE's went deeper into subprime because there was pressure on them to increase returns. Even so, their defulat rates were SUBSTANTIALLY lower than those of other sub prime buyers...

There is a good reason why you didn't address the issue of the FCIC report....

You don't have any idea what FCIC stands for...

You are talking specifically about the CRA loans, not about all sub-prime loans.

Lenders accepted as standards for their confirming loans the Fannie Mae/Freddie Mac standards. Thus they accepted the standards of lower quality loans as their own.

Beginning in 1992 Congress pushed Fannie Mae and Freddie Mac to increase purchases of mortgages going to low to moderate income people. In 1996 HUD gave Fannie and Freddie an explicit target: 42% of their mortgage financing had to go to borrowers with incomes below the median. This target was increased to 50% in 2000 and 52% in 2005. In 1996 HUD required that 12% of all mortgages purchased by Freddie and Fannie had to be “special affordable” loans, meaning loans to borrowers with income less than 60% of their area’s median. The 12% dictum was increased to 20% in 2000 and 22% in 2005.


How Government Stoked the Mania

You are talking specifically about the CRA loans, not about all sub-prime loans.

No....You have no fucking idea what you are talking about.....

Beginning in 1992 Congress pushed Fannie Mae and Freddie Mac to increase purchases of mortgages going

1992 has NOTHING to do with the 2007 crisis......NOTHING AT ALL.

Why would you go to this Hoover flunky before even TRYING to learn what FCIC stands for?

because this only required you to read a couple of slogans....

I see you were incapable of reading the last line. Also, the concept of policy changes building on top of one another escapes you as well.

Yes, it started in 1992 and here is a line you missed. Good for you!

The 12% dictum was increased to 20% in 2000 and 22% in 2005.

Grow up, son!

Markle,

You are a moron........Tell me what, if any, qualifications you bring to this subject....


All these authors claim that close to half of all U.S. mortgages, or 27 million, were subprime-equivalent. And none of them take Zandi’s approach, which is to compare GSE loan performance with the rest of the market. In fact, Paul Sperry, of the Hoover Institute, trashed the FCIC because it called Zandi to testify as a “star witness.” (If I didn’t know better, I might think that there was some kind of coordinated messaging strategy, like that of a political campaign.)

But where are the losses?

As the one Pinto-skeptic in the room, Zandi proceeded to answer his own question, “Where are the losses?” As of year-end 2013, approximately $1 trillion in credit losses on pre-crisis loans had been realized. But the realized loss rate among different sectors varied considerably. Best in class were Fannie and Freddie, with a realized loss rate of 3%. Then came depository institutions, like banks, which had a realized loss rate of 6%. The strong outlier was private label mortgage securities, with a realized loss rate of 23%, seven times that of the GSEs.

These numbers are in line with Laurie Goodman’s 2010 projections, which showed a 24% overall loss rate on private 1st lien securities. And Zandi’s 2013 numbers are consistent with his year-end 2012 numbers, which showed private label losses as 51% of the grand total, and GSE losses as 14% of the nationwide total.

These lopsided disparities are confirmed over and over from data going back two decades. By any standard — delinquencies, defaults, loss severity — GSE mortgages perform exponentially better than the rest of the market, whereas private label mortgages perform exponentially worse. To state otherwise is to lie.

Subordination Triggered the Financial Crisis, Not the GSEs

ONE person's OPINION. Gotcha!

 

[Faun]

Wow, now you on the left are touting both Carter AND Obama as your "poster children" for economic success?

Carter was so bad he set the record for the highest "Misery Index" level! Yeah Jimmy Peanut was a keeper all right!

Would you like to compare the metrics for Carter with those of Scrub?


Run along, now.....

https://object.cato.org/images/pubs/commentary/090825-hanke-1big.jpg

Yeah, George W. was SO much worse than Jimmy! Are you smoking crack again, Slim?

When it came to jobs, hell yes.

Total non-farm jobs

1/1977: 80,692,000
1/1981: 91,037,000
1/2001: 132,706,000
1/2009: 134,053,000

Carter ... +10,345,000 (+2,586,250/year)
Bush ..... +1,347,000 (+168,375/year)

Total private non-farm jobs

1/1977: 65,636,000
1/1981: 74,677,000
1/2001: 111,871,000
1/2009: 111,474,000

Carter ... +9,041,000 (+2,260,250/year)
Bush ..... -397,000 (-49,625/year)

Which is why you injected inflation into the discussion, since if only talking about employment, there is no comparison.

 

[IcebergSlim]

Wow, now you on the left are touting both Carter AND Obama as your "poster children" for economic success?

Carter was so bad he set the record for the highest "Misery Index" level! Yeah Jimmy Peanut was a keeper all right!

Would you like to compare the metrics for Carter with those of Scrub?


Run along, now.....

https://object.cato.org/images/pubs/commentary/090825-hanke-1big.jpg

Yeah, George W. was SO much worse than Jimmy! Are you smoking crack again, Slim?

How many economic metrics are needed to calculate the "Misery Index"?

Under which POTUS did we see the HIGHEST annual payroll growth in both Nominal and Relative terms?

I'm gonna give you a hint....

It wasn't THIS guy...


Bush On Jobs: The Worst Track Record On Record


Speaking of "the Record", for the sake of it, would you stipulate to how many votes you cast for the POTUS with the "worst jobs record on record"?

Ah yes...the Bush record on jobs! Which of course was ravaged by the housing market's collapse and the subsequent recession...something that Bush himself warned about repeatedly prior to the crash but Democrats like Barney Frank pooh poohed as fear mongering? So you accuse Bush of being a fear monger when he warns you that the way they are running Fannie Mae and Freddie Mac are a recipe for disaster...but then when his fears come to fruition...you blame him and him alone for the subsequent job losses?

It's good to be a liberal...you never have to admit you were wrong about anything!

I can't help noticing.....you are heavy on Narrative and very light on facts...
and pretty much your entire Narrative is bullshit....

Scrub was warned by the FBI about widespread mortgage fraud in 2004....he did nothing......because the Scrub Economy depended on it....

The GSEs were a non-factor in the Financial Crisis....whatever you have been told to believe notwithstanding.....

 

[Faun]

Wow, now you on the left are touting both Carter AND Obama as your "poster children" for economic success?

Carter was so bad he set the record for the highest "Misery Index" level! Yeah Jimmy Peanut was a keeper all right!

Would you like to compare the metrics for Carter with those of Scrub?


Run along, now.....

https://object.cato.org/images/pubs/commentary/090825-hanke-1big.jpg

Yeah, George W. was SO much worse than Jimmy! Are you smoking crack again, Slim?

How many economic metrics are needed to calculate the "Misery Index"?

Under which POTUS did we see the HIGHEST annual payroll growth in both Nominal and Relative terms?

I'm gonna give you a hint....

It wasn't THIS guy...


Bush On Jobs: The Worst Track Record On Record


Speaking of "the Record", for the sake of it, would you stipulate to how many votes you cast for the POTUS with the "worst jobs record on record"?

Ah yes...the Bush record on jobs! Which of course was ravaged by the housing market's collapse and the subsequent recession...something that Bush himself warned about repeatedly prior to the crash but Democrats like Barney Frank pooh poohed as fear mongering? So you accuse Bush of being a fear monger when he warns you that the way they are running Fannie Mae and Freddie Mac are a recipe for disaster...but then when his fears come to fruition...you blame him and him alone for the subsequent job losses?

It's good to be a liberal...you never have to admit you were wrong about anything!

Why didn't the Republican-led Congress do anything in response to Bush's warnings?

 

[Mikeoxenormous]

So Trumps 1st qtr was .7% and you say that the bi racial, Muslim loving, Homosexual, ex dictators 1st was -5%. You fuckers ream Trump for his number, but O's was a lot worse. Glad you posted it and not me, for then you would be saying it was bullshit.

Obama's was worse because we were in a recession. What's Trump's excuse?

He had to take over for 8 years of Obamanomics and the propaganda machine where Obama inherited from Waters, Dodd, and Frank a housing collapse, and then during those 8 years played golf, denied 4 US citizens help in Benghazi, parties with liberal elites, and put the most in poverty since the FDR. Yep Obama sure did worse, and Trump already did well, didn't you see unemployment reach the 4%? Or is your head way up your Bambi ass?

Actually, many of us noticed that U3 dropped below 5 MORE THAN A YEAR AGO.....

Seriously, And.....don't go to anything which can be verified.....stick to the shit you make up.....that way you will be a fool rather than a lying fool.

You are a fucking moron, cut and dry. Done with you, you fucking racist prick.

Translation: Slim smoked ya.

By the way, he's also right when he points out the U-3 was already under 5 percent. First happened 15 months ago.

Bureau of Labor Statistics Data

^^^ That's ^^^ why you run away.

Only persons smoked were you dumbass liberals, I showed you the U-6, employment and all you can do I point to the U-3 bullshit, point to wall street which you fuckers abhor, and suck Obamas dick, which is why you cant go against your messiah. Don't worry, the rest of the US realized how fucked up your side was taking the US and voted against the bitch, vagina ex candidate, stopping 4 more years of Obama's policies. If Obama was so great why did the sick one lose? Hmmm? Pwnneeeedddd.

 

[Faun]

The number in question was NEGATIVE 5%......on the heels of a blistering NEGATIVE 8.2


Just how fucking oblivious and uninformed would someone have to be?

We're talking AndaronfuckingStupid.

So Trumps 1st qtr was .7% and you say that the bi racial, Muslim loving, Homosexual, ex dictators 1st was -5%. You fuckers ream Trump for his number, but O's was a lot worse. Glad you posted it and not me, for then you would be saying it was bullshit.

Obama's was worse because we were in a recession. What's Trump's excuse?

He had to take over for 8 years of Obamanomics and the propaganda machine where Obama inherited from Waters, Dodd, and Frank a housing collapse, and then during those 8 years played golf, denied 4 US citizens help in Benghazi, parties with liberal elites, and put the most in poverty since the FDR. Yep Obama sure did worse, and Trump already did well, didn't you see unemployment reach the 4%? Or is your head way up your Bambi ass?

In other words, Trump inherited a growing economy from Obama while Obama inherited an economy in massive recession.

Thanks for confirming.

The economy was growing prior to Trump being sworn in...because Trump was going to be sworn in!

What he inherited is the longest period of tepid economic growth since The Great Depression...from a President who hasn't HAD a plan to grow the economy since Larry Summers left his administration YEARS ago!

LOLOL

The economy was growing even before then. The unemployment rate has been in the low 5's or lower for almost 2 years now.

What Trump actually inherited was an unprecedented 75 months of continuous growth.

 

[Mikeoxenormous]

Obama's was worse because we were in a recession. What's Trump's excuse?

He had to take over for 8 years of Obamanomics and the propaganda machine where Obama inherited from Waters, Dodd, and Frank a housing collapse, and then during those 8 years played golf, denied 4 US citizens help in Benghazi, parties with liberal elites, and put the most in poverty since the FDR. Yep Obama sure did worse, and Trump already did well, didn't you see unemployment reach the 4%? Or is your head way up your Bambi ass?

Actually, many of us noticed that U3 dropped below 5 MORE THAN A YEAR AGO.....

Seriously, And.....don't go to anything which can be verified.....stick to the shit you make up.....that way you will be a fool rather than a lying fool.

You are a fucking moron, cut and dry. Done with you, you fucking racist prick.

Translation: Slim smoked ya.

By the way, he's also right when he points out the U-3 was already under 5 percent. First happened 15 months ago.

Bureau of Labor Statistics Data

^^^ That's ^^^ why you run away.

Only persons smoked were you dumbass liberals, I showed you the U-6, employment and all you can do I point to the U-3 bullshit, point to wall street which you fuckers abhor, and suck Obamas dick, which is why you cant go against your messiah. Don't worry, the rest of the US realized how fucked up your side was taking the US and voted against the bitch, vagina ex candidate, stopping 4 more years of Obama's policies. If Obama was so great why did the sick one lose? Hmmm? Pwnneeeedddd.

Oh yeah the Russians did it... ROTFLMAO. Such stupid people who vote Demcrat.

 

[IcebergSlim]

You are an idiot......they only set the standards of CONFORMING LOANS to determine what they would buy......this had NOTHING to do with what mortgage originators were doing. They were passing the paper to private sector CMO securitizers.....

The GSE's went deeper into subprime because there was pressure on them to increase returns. Even so, their defulat rates were SUBSTANTIALLY lower than those of other sub prime buyers...

There is a good reason why you didn't address the issue of the FCIC report....

You don't have any idea what FCIC stands for...

You are talking specifically about the CRA loans, not about all sub-prime loans.

Lenders accepted as standards for their confirming loans the Fannie Mae/Freddie Mac standards. Thus they accepted the standards of lower quality loans as their own.

Beginning in 1992 Congress pushed Fannie Mae and Freddie Mac to increase purchases of mortgages going to low to moderate income people. In 1996 HUD gave Fannie and Freddie an explicit target: 42% of their mortgage financing had to go to borrowers with incomes below the median. This target was increased to 50% in 2000 and 52% in 2005. In 1996 HUD required that 12% of all mortgages purchased by Freddie and Fannie had to be “special affordable” loans, meaning loans to borrowers with income less than 60% of their area’s median. The 12% dictum was increased to 20% in 2000 and 22% in 2005.


How Government Stoked the Mania

You are talking specifically about the CRA loans, not about all sub-prime loans.

No....You have no fucking idea what you are talking about.....

Beginning in 1992 Congress pushed Fannie Mae and Freddie Mac to increase purchases of mortgages going

1992 has NOTHING to do with the 2007 crisis......NOTHING AT ALL.

Why would you go to this Hoover flunky before even TRYING to learn what FCIC stands for?

because this only required you to read a couple of slogans....

I see you were incapable of reading the last line. Also, the concept of policy changes building on top of one another escapes you as well.

Yes, it started in 1992 and here is a line you missed. Good for you!

The 12% dictum was increased to 20% in 2000 and 22% in 2005.

Grow up, son!

Markle,

You are a moron........Tell me what, if any, qualifications you bring to this subject....


All these authors claim that close to half of all U.S. mortgages, or 27 million, were subprime-equivalent. And none of them take Zandi’s approach, which is to compare GSE loan performance with the rest of the market. In fact, Paul Sperry, of the Hoover Institute, trashed the FCIC because it called Zandi to testify as a “star witness.” (If I didn’t know better, I might think that there was some kind of coordinated messaging strategy, like that of a political campaign.)

But where are the losses?

As the one Pinto-skeptic in the room, Zandi proceeded to answer his own question, “Where are the losses?” As of year-end 2013, approximately $1 trillion in credit losses on pre-crisis loans had been realized. But the realized loss rate among different sectors varied considerably. Best in class were Fannie and Freddie, with a realized loss rate of 3%. Then came depository institutions, like banks, which had a realized loss rate of 6%. The strong outlier was private label mortgage securities, with a realized loss rate of 23%, seven times that of the GSEs.

These numbers are in line with Laurie Goodman’s 2010 projections, which showed a 24% overall loss rate on private 1st lien securities. And Zandi’s 2013 numbers are consistent with his year-end 2012 numbers, which showed private label losses as 51% of the grand total, and GSE losses as 14% of the nationwide total.

These lopsided disparities are confirmed over and over from data going back two decades. By any standard — delinquencies, defaults, loss severity — GSE mortgages perform exponentially better than the rest of the market, whereas private label mortgages perform exponentially worse. To state otherwise is to lie.

Subordination Triggered the Financial Crisis, Not the GSEs

ONE person's OPINION. Gotcha!

you see the numbers in there, Idiot?

Are you aware that NOT ONE of Wallison's fellow commissioners signed on to the "Pinto Thesis"......as you clearly couldn't understand what the citation was telling you, allow me to condense it....

People have had the opportunity to establish default and loss rates for this paper.....

They CLEARLY show that Wallison/Pinto and the mighty propaganda effort to shift blame for the disaster are at odds with Reality.

Now, Markle......tell me about your personal qualifications to debate this issue...

 

[IcebergSlim]

The number in question was NEGATIVE 5%......on the heels of a blistering NEGATIVE 8.2


Just how fucking oblivious and uninformed would someone have to be?

We're talking AndaronfuckingStupid.

So Trumps 1st qtr was .7% and you say that the bi racial, Muslim loving, Homosexual, ex dictators 1st was -5%. You fuckers ream Trump for his number, but O's was a lot worse. Glad you posted it and not me, for then you would be saying it was bullshit.

Obama's was worse because we were in a recession. What's Trump's excuse?

He had to take over for 8 years of Obamanomics and the propaganda machine where Obama inherited from Waters, Dodd, and Frank a housing collapse, and then during those 8 years played golf, denied 4 US citizens help in Benghazi, parties with liberal elites, and put the most in poverty since the FDR. Yep Obama sure did worse, and Trump already did well, didn't you see unemployment reach the 4%? Or is your head way up your Bambi ass?

In other words, Trump inherited a growing economy from Obama while Obama inherited an economy in massive recession.

Thanks for confirming.

The economy was growing prior to Trump being sworn in...because Trump was going to be sworn in!

What he inherited is the longest period of tepid economic growth since The Great Depression...from a President who hasn't HAD a plan to grow the economy since Larry Summers left his administration YEARS ago!

What of all the Goatfuckers in Trump's cabinet?

 

[Faun]

Obama's was worse because we were in a recession. What's Trump's excuse?

He had to take over for 8 years of Obamanomics and the propaganda machine where Obama inherited from Waters, Dodd, and Frank a housing collapse, and then during those 8 years played golf, denied 4 US citizens help in Benghazi, parties with liberal elites, and put the most in poverty since the FDR. Yep Obama sure did worse, and Trump already did well, didn't you see unemployment reach the 4%? Or is your head way up your Bambi ass?

Actually, many of us noticed that U3 dropped below 5 MORE THAN A YEAR AGO.....

Seriously, And.....don't go to anything which can be verified.....stick to the shit you make up.....that way you will be a fool rather than a lying fool.

You are a fucking moron, cut and dry. Done with you, you fucking racist prick.

Translation: Slim smoked ya.

By the way, he's also right when he points out the U-3 was already under 5 percent. First happened 15 months ago.

Bureau of Labor Statistics Data

^^^ That's ^^^ why you run away.

Only persons smoked were you dumbass liberals, I showed you the U-6, employment and all you can do I point to the U-3 bullshit, point to wall street which you fuckers abhor, and suck Obamas dick, which is why you cant go against your messiah. Don't worry, the rest of the US realized how fucked up your side was taking the US and voted against the bitch, vagina ex candidate, stopping 4 more years of Obama's policies. If Obama was so great why did the sick one lose? Hmmm? Pwnneeeedddd.

LOLOLOL


You're such a fucking dumbass, jim. Lemme repost what you just said.......

Yep Obama sure did worse, and Trump already did well, didn't you see unemployment reach the 4%?

Is that 4% the U-6, ya flamin' imbecile? Why'd you post the U-3 but now cry like a snowflake when I respond with the U-3?

 

[IcebergSlim]

Actually, many of us noticed that U3 dropped below 5 MORE THAN A YEAR AGO.....

Yes, because of this:

no....that had NOTHING to do with it.....

You fucking people are goldfish.......no critical faculty whatsoever......

Because you know NOTHING, you will believe ANYTHING.


First, here is a table for private sector jobs. The top two private sector terms were both under President Clinton.

The third best growth for the private sector was Obama's 2nd term.
Read more at Calculated Risk: Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama

 

[Oldstyle]

Wow, now you on the left are touting both Carter AND Obama as your "poster children" for economic success?

Carter was so bad he set the record for the highest "Misery Index" level! Yeah Jimmy Peanut was a keeper all right!

Would you like to compare the metrics for Carter with those of Scrub?


Run along, now.....

https://object.cato.org/images/pubs/commentary/090825-hanke-1big.jpg

Yeah, George W. was SO much worse than Jimmy! Are you smoking crack again, Slim?

How many economic metrics are needed to calculate the "Misery Index"?

Under which POTUS did we see the HIGHEST annual payroll growth in both Nominal and Relative terms?

I'm gonna give you a hint....

It wasn't THIS guy...


Bush On Jobs: The Worst Track Record On Record


Speaking of "the Record", for the sake of it, would you stipulate to how many votes you cast for the POTUS with the "worst jobs record on record"?

Ah yes...the Bush record on jobs! Which of course was ravaged by the housing market's collapse and the subsequent recession...something that Bush himself warned about repeatedly prior to the crash but Democrats like Barney Frank pooh poohed as fear mongering? So you accuse Bush of being a fear monger when he warns you that the way they are running Fannie Mae and Freddie Mac are a recipe for disaster...but then when his fears come to fruition...you blame him and him alone for the subsequent job losses?

It's good to be a liberal...you never have to admit you were wrong about anything!

I can't help noticing.....you are heavy on Narrative and very light on facts...
and pretty much your entire Narrative is bullshit....

Scrub was warned by the FBI about widespread mortgage fraud in 2004....he did nothing......because the Scrub Economy depended on it....

The GSEs were a non-factor in the Financial Crisis....whatever you have been told to believe notwithstanding.....

Your hindsight is myopic, Slim! Bush warned Congress repeatedly about a looming crisis in the housing market because of the way things were being run at Fannie Mae and Freddie Mac. Claiming that those institutions were a "non factor" in the financial crisis is ridiculous. They were a huge factor!

 

[Faun]

Would you like to compare the metrics for Carter with those of Scrub?


Run along, now.....

https://object.cato.org/images/pubs/commentary/090825-hanke-1big.jpg

Yeah, George W. was SO much worse than Jimmy! Are you smoking crack again, Slim?

How many economic metrics are needed to calculate the "Misery Index"?

Under which POTUS did we see the HIGHEST annual payroll growth in both Nominal and Relative terms?

I'm gonna give you a hint....

It wasn't THIS guy...


Bush On Jobs: The Worst Track Record On Record


Speaking of "the Record", for the sake of it, would you stipulate to how many votes you cast for the POTUS with the "worst jobs record on record"?

Ah yes...the Bush record on jobs! Which of course was ravaged by the housing market's collapse and the subsequent recession...something that Bush himself warned about repeatedly prior to the crash but Democrats like Barney Frank pooh poohed as fear mongering? So you accuse Bush of being a fear monger when he warns you that the way they are running Fannie Mae and Freddie Mac are a recipe for disaster...but then when his fears come to fruition...you blame him and him alone for the subsequent job losses?

It's good to be a liberal...you never have to admit you were wrong about anything!

I can't help noticing.....you are heavy on Narrative and very light on facts...
and pretty much your entire Narrative is bullshit....

Scrub was warned by the FBI about widespread mortgage fraud in 2004....he did nothing......because the Scrub Economy depended on it....

The GSEs were a non-factor in the Financial Crisis....whatever you have been told to believe notwithstanding.....

Your hindsight is myopic, Slim! Bush warned Congress repeatedly about a looming crisis in the housing market because of the way things were being run at Fannie Mae and Freddie Mac. Claiming that those institutions were a "non factor" in the financial crisis is ridiculous. They were a huge factor!

Again ,,,, so why didn't the GOP-led Congress do anything about it?

 

[IcebergSlim]

He had to take over for 8 years of Obamanomics and the propaganda machine where Obama inherited from Waters, Dodd, and Frank a housing collapse, and then during those 8 years played golf, denied 4 US citizens help in Benghazi, parties with liberal elites, and put the most in poverty since the FDR. Yep Obama sure did worse, and Trump already did well, didn't you see unemployment reach the 4%? Or is your head way up your Bambi ass?

Actually, many of us noticed that U3 dropped below 5 MORE THAN A YEAR AGO.....

Seriously, And.....don't go to anything which can be verified.....stick to the shit you make up.....that way you will be a fool rather than a lying fool.

You are a fucking moron, cut and dry. Done with you, you fucking racist prick.

Translation: Slim smoked ya.

By the way, he's also right when he points out the U-3 was already under 5 percent. First happened 15 months ago.

Bureau of Labor Statistics Data

^^^ That's ^^^ why you run away.

Only persons smoked were you dumbass liberals, I showed you the U-6, employment and all you can do I point to the U-3 bullshit, point to wall street which you fuckers abhor, and suck Obamas dick, which is why you cant go against your messiah. Don't worry, the rest of the US realized how fucked up your side was taking the US and voted against the bitch, vagina ex candidate, stopping 4 more years of Obama's policies. If Obama was so great why did the sick one lose? Hmmm? Pwnneeeedddd.

LOLOLOL


You're such a fucking dumbass, jim. Lemme repost what you just said.......

Yep Obama sure did worse, and Trump already did well, didn't you see unemployment reach the 4%?

Is that 4% the U-6, ya flamin' imbecile? Why'd you post the U-3 but now cry like a snowflake when I respond with the U-3?

When you take your Infotainment in the form of hourly High Colonics, it is tough to discriminate upon evacuation....,.

 

[Oldstyle]

So Trumps 1st qtr was .7% and you say that the bi racial, Muslim loving, Homosexual, ex dictators 1st was -5%. You fuckers ream Trump for his number, but O's was a lot worse. Glad you posted it and not me, for then you would be saying it was bullshit.

Obama's was worse because we were in a recession. What's Trump's excuse?

He had to take over for 8 years of Obamanomics and the propaganda machine where Obama inherited from Waters, Dodd, and Frank a housing collapse, and then during those 8 years played golf, denied 4 US citizens help in Benghazi, parties with liberal elites, and put the most in poverty since the FDR. Yep Obama sure did worse, and Trump already did well, didn't you see unemployment reach the 4%? Or is your head way up your Bambi ass?

In other words, Trump inherited a growing economy from Obama while Obama inherited an economy in massive recession.

Thanks for confirming.

The economy was growing prior to Trump being sworn in...because Trump was going to be sworn in!

What he inherited is the longest period of tepid economic growth since The Great Depression...from a President who hasn't HAD a plan to grow the economy since Larry Summers left his administration YEARS ago!

LOLOL

The economy was growing even before then. The unemployment rate has been in the low 5's or lower for almost 2 years now.

What Trump actually inherited was an unprecedented 75 months of continuous growth.

75 months of growth? How much growth? Obama is the only US President EVER to never create 3% economic growth in one of his years as President! 75 months of tepid growth is nothing to crow about, Faun...but then again...what else do you Obama supporters HAVE?

 

[IcebergSlim]

Would you like to compare the metrics for Carter with those of Scrub?


Run along, now.....

https://object.cato.org/images/pubs/commentary/090825-hanke-1big.jpg

Yeah, George W. was SO much worse than Jimmy! Are you smoking crack again, Slim?

How many economic metrics are needed to calculate the "Misery Index"?

Under which POTUS did we see the HIGHEST annual payroll growth in both Nominal and Relative terms?

I'm gonna give you a hint....

It wasn't THIS guy...


Bush On Jobs: The Worst Track Record On Record


Speaking of "the Record", for the sake of it, would you stipulate to how many votes you cast for the POTUS with the "worst jobs record on record"?

Ah yes...the Bush record on jobs! Which of course was ravaged by the housing market's collapse and the subsequent recession...something that Bush himself warned about repeatedly prior to the crash but Democrats like Barney Frank pooh poohed as fear mongering? So you accuse Bush of being a fear monger when he warns you that the way they are running Fannie Mae and Freddie Mac are a recipe for disaster...but then when his fears come to fruition...you blame him and him alone for the subsequent job losses?

It's good to be a liberal...you never have to admit you were wrong about anything!

I can't help noticing.....you are heavy on Narrative and very light on facts...
and pretty much your entire Narrative is bullshit....

Scrub was warned by the FBI about widespread mortgage fraud in 2004....he did nothing......because the Scrub Economy depended on it....

The GSEs were a non-factor in the Financial Crisis....whatever you have been told to believe notwithstanding.....

Your hindsight is myopic, Slim! Bush warned Congress repeatedly about a looming crisis in the housing market because of the way things were being run at Fannie Mae and Freddie Mac. Claiming that those institutions were a "non factor" in the financial crisis is ridiculous. They were a huge factor!

No he didn't, you lying piece of shit....which explains why you prefer to rely on Insistence..

Claiming that those institutions were a "non factor" in the financial crisis is ridiculous. They were a huge factor


​

No they weren't....why don't you tell me who told you to think so......​

 

[Oldstyle]

https://object.cato.org/images/pubs/commentary/090825-hanke-1big.jpg

Yeah, George W. was SO much worse than Jimmy! Are you smoking crack again, Slim?

How many economic metrics are needed to calculate the "Misery Index"?

Under which POTUS did we see the HIGHEST annual payroll growth in both Nominal and Relative terms?

I'm gonna give you a hint....

It wasn't THIS guy...


Bush On Jobs: The Worst Track Record On Record


Speaking of "the Record", for the sake of it, would you stipulate to how many votes you cast for the POTUS with the "worst jobs record on record"?

Ah yes...the Bush record on jobs! Which of course was ravaged by the housing market's collapse and the subsequent recession...something that Bush himself warned about repeatedly prior to the crash but Democrats like Barney Frank pooh poohed as fear mongering? So you accuse Bush of being a fear monger when he warns you that the way they are running Fannie Mae and Freddie Mac are a recipe for disaster...but then when his fears come to fruition...you blame him and him alone for the subsequent job losses?

It's good to be a liberal...you never have to admit you were wrong about anything!

I can't help noticing.....you are heavy on Narrative and very light on facts...
and pretty much your entire Narrative is bullshit....

Scrub was warned by the FBI about widespread mortgage fraud in 2004....he did nothing......because the Scrub Economy depended on it....

The GSEs were a non-factor in the Financial Crisis....whatever you have been told to believe notwithstanding.....

Your hindsight is myopic, Slim! Bush warned Congress repeatedly about a looming crisis in the housing market because of the way things were being run at Fannie Mae and Freddie Mac. Claiming that those institutions were a "non factor" in the financial crisis is ridiculous. They were a huge factor!

Again ,,,, so why didn't the GOP-led Congress do anything about it?

The Congress was led by the GOP in the last four years of the Bush White House? Who knew?

 

[IcebergSlim]

Obama's was worse because we were in a recession. What's Trump's excuse?

He had to take over for 8 years of Obamanomics and the propaganda machine where Obama inherited from Waters, Dodd, and Frank a housing collapse, and then during those 8 years played golf, denied 4 US citizens help in Benghazi, parties with liberal elites, and put the most in poverty since the FDR. Yep Obama sure did worse, and Trump already did well, didn't you see unemployment reach the 4%? Or is your head way up your Bambi ass?

In other words, Trump inherited a growing economy from Obama while Obama inherited an economy in massive recession.

Thanks for confirming.

The economy was growing prior to Trump being sworn in...because Trump was going to be sworn in!

What he inherited is the longest period of tepid economic growth since The Great Depression...from a President who hasn't HAD a plan to grow the economy since Larry Summers left his administration YEARS ago!

LOLOL

The economy was growing even before then. The unemployment rate has been in the low 5's or lower for almost 2 years now.

What Trump actually inherited was an unprecedented 75 months of continuous growth.

75 months of growth? How much growth? Obama is the only US President EVER to never create 3% economic growth in one of his years as President! 75 months of tepid growth is nothing to crow about, Faun...but then again...what else do you Obama supporters HAVE?

You're a fucking idiot...

2014-04-01 4.0
2014-07-01 5.0
2014-10-01 2.3
2015-01-01 2.0

Do you know how to operate a calculator?


You should spend less time with Gateway Pundit and Zero Hedge........