SOTU: Obama and Dems should be proud, despite GOP Gloom and doom bs- Best econ, UE, of any...ACA AE

[rightwinger]

5 Obama Successes Republicans Pretend Never Happened

Republicans have consistently said that a president cannot take responsibility for a strong economy — unless of course he’s a Republican.
A weak economy, however, is always a Democratic president’s fault. And if a Republican president presides over the worst financial crisis in a half-century after seven years in office, that is clearly the fault of poor people.
President Obama is in an awkward position when it comes to the economy. It’s only great if you compare it to the last 14 years. But with 50 percent of America now saying in the latest CNN poll that his presidency is a success, he figures that he’s now allowed to “take a well-earned victory lap” by answering the question Speaker John Boehner (R-OH) asked for four years: “Where are the jobs?”
“Well, after 12 million new jobs, a stock market that has more than doubled, deficits that have been cut by two-thirds, health care inflation at the lowest rate in nearly 50 years, manufacturing coming back, auto industry coming back, clean energy doubled — I’ve come not only to answer that question, but I want to return to the debate that is central to this country, and the alternative economic theory that’s presented by the other side,” the president said in Cleveland on Wednesday.

Out of 3,000 individual counties in the United States, only 214 of them have recovery fully from the recession.

Supply side economics sucks doesn't it

 

[Hedgology]

5 Obama Successes Republicans Pretend Never Happened

Republicans have consistently said that a president cannot take responsibility for a strong economy — unless of course he’s a Republican.
A weak economy, however, is always a Democratic president’s fault. And if a Republican president presides over the worst financial crisis in a half-century after seven years in office, that is clearly the fault of poor people.
President Obama is in an awkward position when it comes to the economy. It’s only great if you compare it to the last 14 years. But with 50 percent of America now saying in the latest CNN poll that his presidency is a success, he figures that he’s now allowed to “take a well-earned victory lap” by answering the question Speaker John Boehner (R-OH) asked for four years: “Where are the jobs?”
“Well, after 12 million new jobs, a stock market that has more than doubled, deficits that have been cut by two-thirds, health care inflation at the lowest rate in nearly 50 years, manufacturing coming back, auto industry coming back, clean energy doubled — I’ve come not only to answer that question, but I want to return to the debate that is central to this country, and the alternative economic theory that’s presented by the other side,” the president said in Cleveland on Wednesday.

Out of 3,000 individual counties in the United States, only 214 of them have recovery fully from the recession.

Supply side economics sucks doesn't it

What does that have to do with Supply Side?

 

[rightwinger]

5 Obama Successes Republicans Pretend Never Happened

Republicans have consistently said that a president cannot take responsibility for a strong economy — unless of course he’s a Republican.
A weak economy, however, is always a Democratic president’s fault. And if a Republican president presides over the worst financial crisis in a half-century after seven years in office, that is clearly the fault of poor people.
President Obama is in an awkward position when it comes to the economy. It’s only great if you compare it to the last 14 years. But with 50 percent of America now saying in the latest CNN poll that his presidency is a success, he figures that he’s now allowed to “take a well-earned victory lap” by answering the question Speaker John Boehner (R-OH) asked for four years: “Where are the jobs?”
“Well, after 12 million new jobs, a stock market that has more than doubled, deficits that have been cut by two-thirds, health care inflation at the lowest rate in nearly 50 years, manufacturing coming back, auto industry coming back, clean energy doubled — I’ve come not only to answer that question, but I want to return to the debate that is central to this country, and the alternative economic theory that’s presented by the other side,” the president said in Cleveland on Wednesday.

Out of 3,000 individual counties in the United States, only 214 of them have recovery fully from the recession.

Supply side economics sucks doesn't it

What does that have to do with Supply Side?

Wages and benefits in rural America

 

[Hedgology]

5 Obama Successes Republicans Pretend Never Happened

Republicans have consistently said that a president cannot take responsibility for a strong economy — unless of course he’s a Republican.
A weak economy, however, is always a Democratic president’s fault. And if a Republican president presides over the worst financial crisis in a half-century after seven years in office, that is clearly the fault of poor people.
President Obama is in an awkward position when it comes to the economy. It’s only great if you compare it to the last 14 years. But with 50 percent of America now saying in the latest CNN poll that his presidency is a success, he figures that he’s now allowed to “take a well-earned victory lap” by answering the question Speaker John Boehner (R-OH) asked for four years: “Where are the jobs?”
“Well, after 12 million new jobs, a stock market that has more than doubled, deficits that have been cut by two-thirds, health care inflation at the lowest rate in nearly 50 years, manufacturing coming back, auto industry coming back, clean energy doubled — I’ve come not only to answer that question, but I want to return to the debate that is central to this country, and the alternative economic theory that’s presented by the other side,” the president said in Cleveland on Wednesday.

Out of 3,000 individual counties in the United States, only 214 of them have recovery fully from the recession.

Supply side economics sucks doesn't it

What does that have to do with Supply Side?

Wages and benefits in rural America

And what does that have to do with supply side?

 

[francoHFW]

5 Obama Successes Republicans Pretend Never Happened

Republicans have consistently said that a president cannot take responsibility for a strong economy — unless of course he’s a Republican.
A weak economy, however, is always a Democratic president’s fault. And if a Republican president presides over the worst financial crisis in a half-century after seven years in office, that is clearly the fault of poor people.
President Obama is in an awkward position when it comes to the economy. It’s only great if you compare it to the last 14 years. But with 50 percent of America now saying in the latest CNN poll that his presidency is a success, he figures that he’s now allowed to “take a well-earned victory lap” by answering the question Speaker John Boehner (R-OH) asked for four years: “Where are the jobs?”
“Well, after 12 million new jobs, a stock market that has more than doubled, deficits that have been cut by two-thirds, health care inflation at the lowest rate in nearly 50 years, manufacturing coming back, auto industry coming back, clean energy doubled — I’ve come not only to answer that question, but I want to return to the debate that is central to this country, and the alternative economic theory that’s presented by the other side,” the president said in Cleveland on Wednesday.

Out of 3,000 individual counties in the United States, only 214 of them have recovery fully from the recession.

What does that have to do with Supply Side?

Wages and benefits in rural America

Supply side economics sucks doesn't it

And what does that have to do with supply side?

When everyone pays 20-30% in all taxes and fees, the rich make out, the nonrich can't save and produce healthy demand.

 

[Hedgology]

Out of 3,000 individual counties in the United States, only 214 of them have recovery fully from the recession.

What does that have to do with Supply Side?

Wages and benefits in rural America

Supply side economics sucks doesn't it

And what does that have to do with supply side?

When everyone pays 20-30% in all taxes and fees, the rich make out, the nonrich can't save and produce healthy demand.

For the third time, what does this have to do with Supply Side…

Especially since the Supply Side theory advocates a reduction in marginal tax rates, not an increase.

 

[francoHFW]

What does that have to do with Supply Side?

Wages and benefits in rural America

Supply side economics sucks doesn't it

And what does that have to do with supply side?

When everyone pays 20-30% in all taxes and fees, the rich make out, the nonrich can't save and produce healthy demand.

For the third time, what does this have to do with Supply Side…

Especially since the Supply Side theory advocates a reduction in marginal tax rates, not an increase.

Unfortunately, that's what happens, and supply siders don't seem to mind, dupe. They cut fed aid aid to states etc, and then states etc raise taxes and those hit the nonrich. Where ya been?

 

[francoHFW]

The Demise of the American Middle Class In Numbers.
Over the past 30 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:
1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.
Over the past 63 years worker productivity has grown by 2.0% per year.
But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):
1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%
A 13% drop since 1980
2. THE TOP 10% GET A LARGER SHARE.
Share of National Income going to Top 10%:
1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%
An increase of 16% since Reagan.
3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.
The savings Rose up to Reagan and fell during and after.
1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)
A 12.3% drop after Reagan.
4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.
Household Debt as percentage of GDP:
1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
A 45% increase after 1980.
5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.
Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:
1980 = 10%
2003 = 56%
A 5.6 times increase.
6. AND THE AMERICAN DREAM IS GONE.
The Probably of Moving Up from the Bottom 40% to the Top 40%:
1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%
A 10% Decrease.
Links:
1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = http://2.bp.blogspot.com/_Zh1bveXc8rA/SuddUhLWUaI/AAAAAAAAA7M/iU2gefk317M/s1600-h/Clipboard01.jpg
2 – http://www.whitehouse.gov/omb/blog/09/04/27/CongratulationstoEmmanuelSaez/
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = http://www.bea.gov/national/nipaweb/TableView.asp?SelectedTable=58&Freq=Qtr&FirstYear=2008&LastYear=2010
4 = http://www.prudentbear.com/index.php/household-sector-debt-of-gdp
4 = http://www.federalreserve.gov/releases/z1/current/
5/6 = http://www.businessinsider.com/15-charts-about-wealth-and-inequality-in-america-2010-4?slop=1#slideshow-start
Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

 

[francoHFW]

After 30 years of Voodoo: worst min. wage, work conditions, illegal work safeguards, vacations, work week, college costs, rich/poor gap, upward social mobility, % homeless and in prison EVAH, and in the modern world!! And you complain about the victims? Are you an idiot or an A-hole?

 

[Hedgology]

Wages and benefits in rural America

Supply side economics sucks doesn't it

And what does that have to do with supply side?

When everyone pays 20-30% in all taxes and fees, the rich make out, the nonrich can't save and produce healthy demand.

For the third time, what does this have to do with Supply Side…

Especially since the Supply Side theory advocates a reduction in marginal tax rates, not an increase.

Unfortunately, that's what happens, and supply siders don't seem to mind, dupe. They cut fed aid aid to states etc, and then states etc raise taxes and those hit the nonrich. Where ya been?

Where and when has this happened? Effective tax rates for the nonrich (and for everyone for that matter) have dropped. Especially in recent years.

 

[francoHFW]

Supply side economics sucks doesn't it

And what does that have to do with supply side?

When everyone pays 20-30% in all taxes and fees, the rich make out, the nonrich can't save and produce healthy demand.

For the third time, what does this have to do with Supply Side…

Especially since the Supply Side theory advocates a reduction in marginal tax rates, not an increase.

Unfortunately, that's what happens, and supply siders don't seem to mind, dupe. They cut fed aid aid to states etc, and then states etc raise taxes and those hit the nonrich. Where ya been?

Where and when has this happened? Effective tax rates for the nonrich (and for everyone for that matter) have dropped. Especially in recent years.

Look up state and local rates. HIGHER for nonrich. Then think FEES.

 

[AmericanFirst1]

Despite almost criminal obstruction and fear mongering. Solar power is up 2000%, Pot legal, Gay Marriage, much cheaper college loans, low health cost rise,. Better than 9/11 thru sheer incompetence, the stupidest wars ever, and a corrupt world depression.

You lie almost as good as obuturd.

 

[AmericanFirst1]

Bush fucked us really long time.

Obuturd has done worse.

 

[Faun]

Bush fucked us really long time.

Obuturd has done worse.

Bush ...... 4.2% -> 7.8%
Obama ... 7.8% -> 5.0%

 

[francoHFW]

Despite almost criminal obstruction and fear mongering. Solar power is up 2000%, Pot legal, Gay Marriage, much cheaper college loans, low health cost rise,. Better than 9/11 thru sheer incompetence, the stupidest wars ever, and a corrupt world depression.

You lie almost as good as obuturd.

What lie, hater dupe?

 

[francoHFW]

Bush fucked us really long time.

Obuturd has done worse.

Bush ...... 4.2% -> 7.8%
Obama ... 7.8% -> 5.0%

Hell, Booosh's mess got up to 10.3% 10/09

 

[francoHFW]

Supply side economics sucks doesn't it

And what does that have to do with supply side?

When everyone pays 20-30% in all taxes and fees, the rich make out, the nonrich can't save and produce healthy demand.

For the third time, what does this have to do with Supply Side…

Especially since the Supply Side theory advocates a reduction in marginal tax rates, not an increase.

Unfortunately, that's what happens, and supply siders don't seem to mind, dupe. They cut fed aid aid to states etc, and then states etc raise taxes and those hit the nonrich. Where ya been?

Where and when has this happened? Effective tax rates for the nonrich (and for everyone for that matter) have dropped. Especially in recent years.

Link for that bs?

 

[ninja007]

record people out of work, record people stopped looking, record on food stamps, record black UE, record blacks in prison. record inflation coming, record deficit.

 

[ninja007]

record people losing their dr.s and HC they were happy with, record increases in HC premiums....

 

[ninja007]

Despite almost criminal obstruction and fear mongering. Solar power is up 2000%, Pot legal, Gay Marriage, much cheaper college loans, low health cost rise,. Better than 9/11 thru sheer incompetence, the stupidest wars ever, and a corrupt world depression.

You people forced The Middle Class to pay more for healthcare while their take home pay declined.

Health cost rise has SLOWED. BTW, that old policy was a scam, dupe. lol

no dipshit its coming...........