The Next Recession Is Going to Be Brutal. The economy is showing signs of turning ...

[Toddsterpatriot]

If you think the Obama economy was as good as Trump's for 7 1/2 years, Franco...you're reinforcing your status as the left's biggest buffoon! TARP is what kept us from having major parts of the financial system collapse and THAT was W's response to the recession...not Barry's!

Yes yes, the bushes took great care of their cronies and pals in the private mortgage and insurance business. The stimulus took care of people on main Street that got screwed... Along with about 7 trillion dollars in welfare and unemployment for the victims.... Great job as always. Oh wait that depression never happened...

The only problem with that liberal myth, Franco is that all of the TARP money that W gave to prop up the financial institutions and keep them from going under was REPAID in full! In comparison, when Barry gave out money to companies like Solyndra and General Motors...we DIDN'T get all of it back!

As for the stimulus helping people on Main Street? Yeah, everyone in the Private Sector got a little amount taken off of the taxes they owed! If you were in government you got your job secured by billions of dollars coming from the Federal Government. The average person on Main Street was left to twist in the wind during the worst recovery from a recession since the Great Depression...burning through their life's savings to stay afloat. Meanwhile the wealthy were making a killing investing in the stock market with the nearly free money they could borrow because the Fed had to keep interest rates so low for so long because of Barry's ineptitude with economics!

That is propaganda about us not getting the money back from automakers also with tarp... Highly debatable.

You seem hell bent on proving without a doubt that you ARE one of the most ignorant posters on this board, Franco! Why don't you spend a little less time with your silly "Pub dupe!" posts and educate yourself!

Look at the chart of payback and see that it is highly debatable. The financial institutions got away with murder just being paid back and as a loan. I can't remember how that worked...

The financial institutions got away with murder just being paid back and as a loan.

Bank TARP was hugely profitable to the US Treasury.

 

[francoHFW]

Looks like he already did, brainwashed functional moron... Too bad nothing permeates your incredibly thick dupe skull....

Faun actually never addressed those charts at all, Franco! The reason for him to avoid doing so is that there really IS no way to explain how what's on those charts demonstrates leadership that has a clue about economics! Instead of dealing with charts that literally jump off the page at you they're so revealing, Faun chose to try and obscure the truth with more of his misleading statistics.

Sure I did. I listed the names of all the presidents who gave us those recessions.

How about talking about the two President's who oversaw the two worst recoveries from recessions in American history, Faun? That would be FDR and Barack Obama.

You mean the two who had the worst economies handed to them?

We've had literally dozens of recessions over the years...some equally as bad as those two. What's remarkable about The Great Depression and The Great Recession is how two progressive "icons" managed to prolong the economic downturns they were given and turn them into glacially slow recoveries!

Barack Obama took office promising some vague "plan" to handle the economy...by midway through his second term he wasn't even trying to fix the economy. His economic dream team of Larry Summers and Christina Romer had both abandoned shit and run back to their tenured jobs at Harvard and Berkeley and nobody else in his administration had a clue about how to create jobs or grow the economy! Ask a thousand liberals who Barry's economic advisor was for the latter part of his last term and I'll bet you can't find ten that know who he/she was...let alone what plan they were pushing!

My goodness, life is exciting in the imaginary GOP dupe world. It's hard to tell the difference between Obama's economy and trumps if you look at it the growth rate the job rate etcetera etc. You have just heard that Obama's economy sucked a million times and let Trump's is so wonderful!! My ass and now he's wrec king it with his stupid trade Wars he also was a terrible businessman he lost more money than anyone else in the country for 10 years. He is pure con man and fraud. Until something actually works in the real world, not just on Rush Limbaugh LOL

 

[francoHFW]

Yes yes, the bushes took great care of their cronies and pals in the private mortgage and insurance business. The stimulus took care of people on main Street that got screwed... Along with about 7 trillion dollars in welfare and unemployment for the victims.... Great job as always. Oh wait that depression never happened...

The only problem with that liberal myth, Franco is that all of the TARP money that W gave to prop up the financial institutions and keep them from going under was REPAID in full! In comparison, when Barry gave out money to companies like Solyndra and General Motors...we DIDN'T get all of it back!

As for the stimulus helping people on Main Street? Yeah, everyone in the Private Sector got a little amount taken off of the taxes they owed! If you were in government you got your job secured by billions of dollars coming from the Federal Government. The average person on Main Street was left to twist in the wind during the worst recovery from a recession since the Great Depression...burning through their life's savings to stay afloat. Meanwhile the wealthy were making a killing investing in the stock market with the nearly free money they could borrow because the Fed had to keep interest rates so low for so long because of Barry's ineptitude with economics!

That is propaganda about us not getting the money back from automakers also with tarp... Highly debatable.

You seem hell bent on proving without a doubt that you ARE one of the most ignorant posters on this board, Franco! Why don't you spend a little less time with your silly "Pub dupe!" posts and educate yourself!

Look at the chart of payback and see that it is highly debatable. The financial institutions got away with murder just being paid back and as a loan. I can't remember how that worked...

The financial institutions got away with murder just being paid back and as a loan.

Bank TARP was hugely profitable to the US Treasury.

Look at your chart, the hell it was. The whole thing was a goddamn disaster corrupt GOP again.

 

[Toddsterpatriot]

The only problem with that liberal myth, Franco is that all of the TARP money that W gave to prop up the financial institutions and keep them from going under was REPAID in full! In comparison, when Barry gave out money to companies like Solyndra and General Motors...we DIDN'T get all of it back!

As for the stimulus helping people on Main Street? Yeah, everyone in the Private Sector got a little amount taken off of the taxes they owed! If you were in government you got your job secured by billions of dollars coming from the Federal Government. The average person on Main Street was left to twist in the wind during the worst recovery from a recession since the Great Depression...burning through their life's savings to stay afloat. Meanwhile the wealthy were making a killing investing in the stock market with the nearly free money they could borrow because the Fed had to keep interest rates so low for so long because of Barry's ineptitude with economics!

That is propaganda about us not getting the money back from automakers also with tarp... Highly debatable.

You seem hell bent on proving without a doubt that you ARE one of the most ignorant posters on this board, Franco! Why don't you spend a little less time with your silly "Pub dupe!" posts and educate yourself!

Look at the chart of payback and see that it is highly debatable. The financial institutions got away with murder just being paid back and as a loan. I can't remember how that worked...

The financial institutions got away with murder just being paid back and as a loan.

Bank TARP was hugely profitable to the US Treasury.

Look at your chart, the hell it was. The whole thing was a goddamn disaster corrupt GOP again.

Huge profits!!
Obama fucked up the auto bailouts.
Cost us billions, what a moron.

 

[francoHFW]

Yes yes, the bushes took great care of their cronies and pals in the private mortgage and insurance business. The stimulus took care of people on main Street that got screwed... Along with about 7 trillion dollars in welfare and unemployment for the victims.... Great job as always. Oh wait that depression never happened...

The only problem with that liberal myth, Franco is that all of the TARP money that W gave to prop up the financial institutions and keep them from going under was REPAID in full! In comparison, when Barry gave out money to companies like Solyndra and General Motors...we DIDN'T get all of it back!

As for the stimulus helping people on Main Street? Yeah, everyone in the Private Sector got a little amount taken off of the taxes they owed! If you were in government you got your job secured by billions of dollars coming from the Federal Government. The average person on Main Street was left to twist in the wind during the worst recovery from a recession since the Great Depression...burning through their life's savings to stay afloat. Meanwhile the wealthy were making a killing investing in the stock market with the nearly free money they could borrow because the Fed had to keep interest rates so low for so long because of Barry's ineptitude with economics!

That is propaganda about us not getting the money back from automakers also with tarp... Highly debatable.

That is propaganda about us not getting the money back from automakers also with tarp... Highly debatable.

LOL!

View attachment 274715

Bailout List: Banks, Auto Companies, and More | Eye on the Bailout | ProPublica

As I said. Highly debatable. the point is the Republicans screwed the world economy again.

Not debatable at all.
Lost over $11.3 billion on GM.
Lost over $1.2 billion on Chrysler.

And 13 billion just on citicorp....

 

[Toddsterpatriot]

The only problem with that liberal myth, Franco is that all of the TARP money that W gave to prop up the financial institutions and keep them from going under was REPAID in full! In comparison, when Barry gave out money to companies like Solyndra and General Motors...we DIDN'T get all of it back!

As for the stimulus helping people on Main Street? Yeah, everyone in the Private Sector got a little amount taken off of the taxes they owed! If you were in government you got your job secured by billions of dollars coming from the Federal Government. The average person on Main Street was left to twist in the wind during the worst recovery from a recession since the Great Depression...burning through their life's savings to stay afloat. Meanwhile the wealthy were making a killing investing in the stock market with the nearly free money they could borrow because the Fed had to keep interest rates so low for so long because of Barry's ineptitude with economics!

That is propaganda about us not getting the money back from automakers also with tarp... Highly debatable.

That is propaganda about us not getting the money back from automakers also with tarp... Highly debatable.

LOL!

View attachment 274715

Bailout List: Banks, Auto Companies, and More | Eye on the Bailout | ProPublica

As I said. Highly debatable. the point is the Republicans screwed the world economy again.

Not debatable at all.
Lost over $11.3 billion on GM.
Lost over $1.2 billion on Chrysler.

And 13 billion just on citicorp....

That's a profit from Citicorp, tard.

 

[francoHFW]

That is propaganda about us not getting the money back from automakers also with tarp... Highly debatable.

You seem hell bent on proving without a doubt that you ARE one of the most ignorant posters on this board, Franco! Why don't you spend a little less time with your silly "Pub dupe!" posts and educate yourself!

Look at the chart of payback and see that it is highly debatable. The financial institutions got away with murder just being paid back and as a loan. I can't remember how that worked...

The financial institutions got away with murder just being paid back and as a loan.

Bank TARP was hugely profitable to the US Treasury.

Look at your chart, the hell it was. The whole thing was a goddamn disaster corrupt GOP again.

Huge profits!!
Obama fucked up the auto bailouts.
Cost us billions, what a moron.

they worked great. Republicans would have let them go out of business and that would have been a catastrophe. They suck every time.

 

[francoHFW]

That is propaganda about us not getting the money back from automakers also with tarp... Highly debatable.

That is propaganda about us not getting the money back from automakers also with tarp... Highly debatable.

LOL!

View attachment 274715

Bailout List: Banks, Auto Companies, and More | Eye on the Bailout | ProPublica

As I said. Highly debatable. the point is the Republicans screwed the world economy again.

Not debatable at all.
Lost over $11.3 billion on GM.
Lost over $1.2 billion on Chrysler.

And 13 billion just on citicorp....

That's a profit from Citicorp, tard.

The list of financial institutions that lost hundreds of millions goes on forever. Congratulations you saved a bunch of scumbag financiers who destroyed the world economy. We saved tens of millions of jobs based on the Auto industry and ended your God damn depression.

 

[Toddsterpatriot]

That is propaganda about us not getting the money back from automakers also with tarp... Highly debatable.

LOL!

View attachment 274715

Bailout List: Banks, Auto Companies, and More | Eye on the Bailout | ProPublica

As I said. Highly debatable. the point is the Republicans screwed the world economy again.

Not debatable at all.
Lost over $11.3 billion on GM.
Lost over $1.2 billion on Chrysler.

And 13 billion just on citicorp....

That's a profit from Citicorp, tard.

The list of financial institutions that lost hundreds of millions goes on forever. Congratulations you saved a bunch of scumbag financiers who destroyed the world economy. We saved tens of millions of jobs based on the Auto industry and ended your God damn depression.

The list of financial institutions that lost hundreds of millions goes on forever.

And yet, bank TARP gave a huge profit to the US Treasury.

Congratulations you saved a bunch of scumbag financiers who destroyed the world economy.

Meh.

We saved tens of millions of jobs based on the Auto industry

Could have done it without screwing bondholders and taxpayers.

and ended your God damn depression.

And stopped the rise of the oceans. He sure was magic!
Worst economic policies since Nixon.

 

[Oldstyle]

That is propaganda about us not getting the money back from automakers also with tarp... Highly debatable.

LOL!

View attachment 274715

Bailout List: Banks, Auto Companies, and More | Eye on the Bailout | ProPublica

As I said. Highly debatable. the point is the Republicans screwed the world economy again.

Not debatable at all.
Lost over $11.3 billion on GM.
Lost over $1.2 billion on Chrysler.

And 13 billion just on citicorp....

That's a profit from Citicorp, tard.

The list of financial institutions that lost hundreds of millions goes on forever. Congratulations you saved a bunch of scumbag financiers who destroyed the world economy. We saved tens of millions of jobs based on the Auto industry and ended your God damn depression.

Tens of millions of jobs? Your ignorance grows by leaps and bounds! TARP propped up the financial sector and kept a bad recession from possibly turning into The Great Depression II. The auto bailout was Barry coming to the aid of the UAW at the expense of the US taxpayer.

 

[AntonToo]

Way to use statistics to paint a picture that didn't exist, Faun! "Public Sector jobs"? Now what would constitute a Public Sector job? That would be Federal, State and Local government jobs...correct? Did Federal jobs decrease under Obama? The answer to that would be NO...they did not! Despite a recession that saw millions of Americans laid off for years...Federal employees didn't get canned. The number of Federal employees actually increased! So who DID get laid off from government jobs and why did that take place? The answer to that is that State and local government workers got laid off! Why? Because unlike the Federal Government...State and local governments just can't print money to pay their employees! They have to balance budgets. So take your accusation of me "lying" and shove it up your ass! You're the biggest bullshit artist on this board! You don't use statistics to tell the truth...you use them to HIDE it!

Poor, lying con tool. I'm going by what you said ... private versus public jobs. Public jobs decreased under Obama; and only under Obama. The private sector did great under him, adding 16 million jobs once jobs returned after Bush's Great Recession.



As far as federal jobs, only 24,000 were added under Obama in 8 years.

Trump's already add nearly half that in just 2½ years, not a word from you.

33,000 added under Bush in 8 years, nearly all added during his recession. Not a word from you.

You single out the Democrat because you're a lying con tool.

Once again...you use a statistic to hide the truth. Your figure of 24,000 added can only be arrived at by counting the massive amount of people that the US Post Office laid off...an organization that is only loosely affiliated with the "Federal Government"! The truth is that while millions of Americans in the Private Sector were being laid off...Barack Obama added to the Federal work force.

"Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009. State and local gov-ernments added jobs during the first several months of the recession, but after employment reached a high point in August 2008, they shed 68,000 jobs through the end of the recession—a decline of about 0.3 percent. (See chart 3.) Employment in State and local government tends not to fall during recessions, and job growth in these areas actu-ally accelerated during the 1990–91 and 2001 recessions.31State and local governments have less flexibility than the Federal Government to run deficits; nearly all State governments have some form of a balanced-budget re-quirement.32 State tax revenues—received primarily from income, sales, and gross receipts taxes—are sensitive to the business cycle, and they began to fall on an annual basis after September 2008.33 Falling revenues put pres-sure on States to cut employment, which they began to do after August 2008. In order to shore up State budgets, nearly 60 billion dollars of fiscal relief was given by the Federal Government to the States in 2009 as part of the American Recovery and Reinvestment Act. This stimulus package was also intended to help local governments stave off job cuts.34Local governments, unlike State governments, did not see a drop in tax revenue. Local government tax revenues come mostly from property taxes, which continued to grow throughout the recession despite declining home values.35But, according to the National League of Cities, revenue growth was outpaced by spending growth in 2008 and 2009, and local governments began reducing employment after September 2008 in order to cover budget shortfalls.36The recession led not only to employment losses, but also to cuts in workers’ hours.37 In June 2009, average weekly hours of all employees had fallen by 1 hour to 33.7 hours from the peak in June 2007. Aggregate hours, the product of employment and average weekly hours, fell by 9.8 percent between June 2007 and October 2009. As 2010 came to a close, aggregate hours were still 7.6 per-centage points below their prerecession peak."
https://www.bls.gov/opub/mlr/2011/04/art1full.pdf

""Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009.

Lying con tool, do you ever stop lying? Ever???

You complain about 48,000 government jobs added during Bush's Great Recession; but being the lying con tool you are, you ludicrously blame Obama. When in reality, during the little more than 5 months Obama presided during the recession, non-postal government jobs decreased by 6,000.

Meaning ALL of those jobs added occurred under Bush. But because you're the lying con tool I've been saying you are, here you are pounding your fists on the table over Obama and blaming him for what Bush actually did.

BLS: total government

BLS: postal service

Rightwingers trying to do data analysis is like a three legged dog trying to run - it's really sad, but you just can't look away.

Did you want to address the two charts cited in the government report I provided, Anton? Show how they're inaccurate in any way? Explain why they don't show that Barry struggled mightily with the economy and job creation?

Umm it was already explained to you, your timeline is silly. Obama got to WH in Jan 2009.

His job growth record is very solid, which is why “they don’t show that Barry struggled with the job growth”

 

[francoHFW]

As I said. Highly debatable. the point is the Republicans screwed the world economy again.

Not debatable at all.
Lost over $11.3 billion on GM.
Lost over $1.2 billion on Chrysler.

And 13 billion just on citicorp....

That's a profit from Citicorp, tard.

The list of financial institutions that lost hundreds of millions goes on forever. Congratulations you saved a bunch of scumbag financiers who destroyed the world economy. We saved tens of millions of jobs based on the Auto industry and ended your God damn depression.

The list of financial institutions that lost hundreds of millions goes on forever.

And yet, bank TARP gave a huge profit to the US Treasury.

Congratulations you saved a bunch of scumbag financiers who destroyed the world economy.

Meh.

We saved tens of millions of jobs based on the Auto industry

Could have done it without screwing bondholders and taxpayers.

and ended your God damn depression.

And stopped the rise of the oceans. He sure was magic!
Worst economic policies since Nixon.

7 1/2 years straight of growth, brainwashed functional moron. And Bush's economic policies? You're absolutely nuts...

 

[francoHFW]

As I said. Highly debatable. the point is the Republicans screwed the world economy again.

Not debatable at all.
Lost over $11.3 billion on GM.
Lost over $1.2 billion on Chrysler.

And 13 billion just on citicorp....

That's a profit from Citicorp, tard.

The list of financial institutions that lost hundreds of millions goes on forever. Congratulations you saved a bunch of scumbag financiers who destroyed the world economy. We saved tens of millions of jobs based on the Auto industry and ended your God damn depression.

Tens of millions of jobs? Your ignorance grows by leaps and bounds! TARP propped up the financial sector and kept a bad recession from possibly turning into The Great Depression II. The auto bailout was Barry coming to the aid of the UAW at the expense of the US taxpayer.

They both worked and we averted another corrupt GOP World depression. When will you ever learn anything? The GOP is the swamp, especially the last 37 years....

 

[sparky]

none of the administrations, no parties, no congresscritter, no scotus matters anymore

~S~

 

[Oldstyle]

Poor, lying con tool. I'm going by what you said ... private versus public jobs. Public jobs decreased under Obama; and only under Obama. The private sector did great under him, adding 16 million jobs once jobs returned after Bush's Great Recession.



As far as federal jobs, only 24,000 were added under Obama in 8 years.

Trump's already add nearly half that in just 2½ years, not a word from you.

33,000 added under Bush in 8 years, nearly all added during his recession. Not a word from you.

You single out the Democrat because you're a lying con tool.

Once again...you use a statistic to hide the truth. Your figure of 24,000 added can only be arrived at by counting the massive amount of people that the US Post Office laid off...an organization that is only loosely affiliated with the "Federal Government"! The truth is that while millions of Americans in the Private Sector were being laid off...Barack Obama added to the Federal work force.

"Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009. State and local gov-ernments added jobs during the first several months of the recession, but after employment reached a high point in August 2008, they shed 68,000 jobs through the end of the recession—a decline of about 0.3 percent. (See chart 3.) Employment in State and local government tends not to fall during recessions, and job growth in these areas actu-ally accelerated during the 1990–91 and 2001 recessions.31State and local governments have less flexibility than the Federal Government to run deficits; nearly all State governments have some form of a balanced-budget re-quirement.32 State tax revenues—received primarily from income, sales, and gross receipts taxes—are sensitive to the business cycle, and they began to fall on an annual basis after September 2008.33 Falling revenues put pres-sure on States to cut employment, which they began to do after August 2008. In order to shore up State budgets, nearly 60 billion dollars of fiscal relief was given by the Federal Government to the States in 2009 as part of the American Recovery and Reinvestment Act. This stimulus package was also intended to help local governments stave off job cuts.34Local governments, unlike State governments, did not see a drop in tax revenue. Local government tax revenues come mostly from property taxes, which continued to grow throughout the recession despite declining home values.35But, according to the National League of Cities, revenue growth was outpaced by spending growth in 2008 and 2009, and local governments began reducing employment after September 2008 in order to cover budget shortfalls.36The recession led not only to employment losses, but also to cuts in workers’ hours.37 In June 2009, average weekly hours of all employees had fallen by 1 hour to 33.7 hours from the peak in June 2007. Aggregate hours, the product of employment and average weekly hours, fell by 9.8 percent between June 2007 and October 2009. As 2010 came to a close, aggregate hours were still 7.6 per-centage points below their prerecession peak."
https://www.bls.gov/opub/mlr/2011/04/art1full.pdf

""Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009.

Lying con tool, do you ever stop lying? Ever???

You complain about 48,000 government jobs added during Bush's Great Recession; but being the lying con tool you are, you ludicrously blame Obama. When in reality, during the little more than 5 months Obama presided during the recession, non-postal government jobs decreased by 6,000.

Meaning ALL of those jobs added occurred under Bush. But because you're the lying con tool I've been saying you are, here you are pounding your fists on the table over Obama and blaming him for what Bush actually did.

BLS: total government

BLS: postal service

Rightwingers trying to do data analysis is like a three legged dog trying to run - it's really sad, but you just can't look away.

Did you want to address the two charts cited in the government report I provided, Anton? Show how they're inaccurate in any way? Explain why they don't show that Barry struggled mightily with the economy and job creation?

Umm it was already explained to you, your timeline is silly. Obama got to WH in Jan 2009.

His job growth record is very solid, which is why “they don’t show that Barry struggled with the job growth”

Barry's job growth record is "very solid"? In what way exactly? You do realize that the Obama Administration had to use "Jobs Created or Saved" because their stimulus created so few jobs that it was a political embarrassment? Or that if it wasn't for the energy boom created by fracking...which Barry opposed...that his numbers would have been positively abysmal? Or that he was proposing new Cap & Trade legislation as his next big legislative push when the GOP took back the House in the first mid term...legislation that would have cost even more jobs?

The truth is...Barack Obama's job growth record isn't very good but would have been far worse if he'd been able to get what he wanted politically! It's what happens when you put someone in the Oval Office that cares more about his agenda than he does about people who are out of a job!

 

[Oldstyle]

Not debatable at all.
Lost over $11.3 billion on GM.
Lost over $1.2 billion on Chrysler.

And 13 billion just on citicorp....

That's a profit from Citicorp, tard.

The list of financial institutions that lost hundreds of millions goes on forever. Congratulations you saved a bunch of scumbag financiers who destroyed the world economy. We saved tens of millions of jobs based on the Auto industry and ended your God damn depression.

Tens of millions of jobs? Your ignorance grows by leaps and bounds! TARP propped up the financial sector and kept a bad recession from possibly turning into The Great Depression II. The auto bailout was Barry coming to the aid of the UAW at the expense of the US taxpayer.

They both worked and we averted another corrupt GOP World depression. When will you ever learn anything? The GOP is the swamp, especially the last 37 years....

TARP did work...just as W said it would. We essentially lent money to keep some big financial institutions from going bankrupt and they paid us back with interest. That isn't what took place when Barry started loaning out money though...is it, Franco? He gave it to GM and Chrysler. He gave it to politically connected companies like Solyndra. They not only didn't pay that money back with interest like the companies that Bush gave money to...they stiffed us on the principle! It's a perfect example of how NOT to use a program like TARP!

 

[deanrd]

In the past, the president could call US friends like Japan and the European Union to stand with us in our economic fight against China.

Trump makes fun of the Japanese by talking in a fake Japanese accent.

Trump has brought us very close to being enemies with our for a former friends in the European Union.

And when Trump stands with Russia and North Korea against China, the Chinese laugh and laugh and laugh.

 

[deanrd]

Once again...you use a statistic to hide the truth. Your figure of 24,000 added can only be arrived at by counting the massive amount of people that the US Post Office laid off...an organization that is only loosely affiliated with the "Federal Government"! The truth is that while millions of Americans in the Private Sector were being laid off...Barack Obama added to the Federal work force.

"Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009. State and local gov-ernments added jobs during the first several months of the recession, but after employment reached a high point in August 2008, they shed 68,000 jobs through the end of the recession—a decline of about 0.3 percent. (See chart 3.) Employment in State and local government tends not to fall during recessions, and job growth in these areas actu-ally accelerated during the 1990–91 and 2001 recessions.31State and local governments have less flexibility than the Federal Government to run deficits; nearly all State governments have some form of a balanced-budget re-quirement.32 State tax revenues—received primarily from income, sales, and gross receipts taxes—are sensitive to the business cycle, and they began to fall on an annual basis after September 2008.33 Falling revenues put pres-sure on States to cut employment, which they began to do after August 2008. In order to shore up State budgets, nearly 60 billion dollars of fiscal relief was given by the Federal Government to the States in 2009 as part of the American Recovery and Reinvestment Act. This stimulus package was also intended to help local governments stave off job cuts.34Local governments, unlike State governments, did not see a drop in tax revenue. Local government tax revenues come mostly from property taxes, which continued to grow throughout the recession despite declining home values.35But, according to the National League of Cities, revenue growth was outpaced by spending growth in 2008 and 2009, and local governments began reducing employment after September 2008 in order to cover budget shortfalls.36The recession led not only to employment losses, but also to cuts in workers’ hours.37 In June 2009, average weekly hours of all employees had fallen by 1 hour to 33.7 hours from the peak in June 2007. Aggregate hours, the product of employment and average weekly hours, fell by 9.8 percent between June 2007 and October 2009. As 2010 came to a close, aggregate hours were still 7.6 per-centage points below their prerecession peak."
https://www.bls.gov/opub/mlr/2011/04/art1full.pdf

""Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009.

Lying con tool, do you ever stop lying? Ever???

You complain about 48,000 government jobs added during Bush's Great Recession; but being the lying con tool you are, you ludicrously blame Obama. When in reality, during the little more than 5 months Obama presided during the recession, non-postal government jobs decreased by 6,000.

Meaning ALL of those jobs added occurred under Bush. But because you're the lying con tool I've been saying you are, here you are pounding your fists on the table over Obama and blaming him for what Bush actually did.

BLS: total government

BLS: postal service

Rightwingers trying to do data analysis is like a three legged dog trying to run - it's really sad, but you just can't look away.

Did you want to address the two charts cited in the government report I provided, Anton? Show how they're inaccurate in any way? Explain why they don't show that Barry struggled mightily with the economy and job creation?

Umm it was already explained to you, your timeline is silly. Obama got to WH in Jan 2009.

His job growth record is very solid, which is why “they don’t show that Barry struggled with the job growth”

Barry's job growth record is "very solid"? In what way exactly? You do realize that the Obama Administration had to use "Jobs Created or Saved" because their stimulus created so few jobs that it was a political embarrassment? Or that if it wasn't for the energy boom created by fracking...which Barry opposed...that his numbers would have been positively abysmal? Or that he was proposing new Cap & Trade legislation as his next big legislative push when the GOP took back the House in the first mid term...legislation that would have cost even more jobs?

The truth is...Barack Obama's job growth record isn't very good but would have been far worse if he'd been able to get what he wanted politically! It's what happens when you put someone in the Oval Office that cares more about his agenda than he does about people who are out of a job!

Oh I don’t know, 80 something months of sis stained growth? Works for me.

 

[hunarcy]

Trump's recession is gearing up.

U.S. Stocks Drop as Treasurys Flash Warning Signal

"Trade tensions between the U.S. and China, uncertainty about the Federal Reserve’s interest-rate policy and signs of slowing economic growth have spurred weeks of turbulence that have rippled through the stock, bond and currency markets. In the Treasury market, the yield on the U.S. 30-year Treasury note touched 2.018%, below the previous intraday low of 2.094% in July 2016, according to Tradeweb.

Meanwhile, yields on the 10-year Treasury note briefly fell below two-year yields for the first time since 2007. This kind of inversion between short and long-term yields is viewed by many as a strong signal that a recession is likely in the future.""

The federal government has broken yet another record for how much money it's spending
"The federal government has spent more real money in the first seven months of this fiscal year than any other year in U.S. history, according to the latest monthly statement by the Department of Treasury. The previous record was set in 2011, when the U.S. was recuperating from the Great Recession."

Mark this up as another failure of Trump's, so many now.

You are SO excited. Maybe this time, you'll get him!

 

[deanrd]

Trump's recession is gearing up.

U.S. Stocks Drop as Treasurys Flash Warning Signal

"Trade tensions between the U.S. and China, uncertainty about the Federal Reserve’s interest-rate policy and signs of slowing economic growth have spurred weeks of turbulence that have rippled through the stock, bond and currency markets. In the Treasury market, the yield on the U.S. 30-year Treasury note touched 2.018%, below the previous intraday low of 2.094% in July 2016, according to Tradeweb.

Meanwhile, yields on the 10-year Treasury note briefly fell below two-year yields for the first time since 2007. This kind of inversion between short and long-term yields is viewed by many as a strong signal that a recession is likely in the future.""

The federal government has broken yet another record for how much money it's spending
"The federal government has spent more real money in the first seven months of this fiscal year than any other year in U.S. history, according to the latest monthly statement by the Department of Treasury. The previous record was set in 2011, when the U.S. was recuperating from the Great Recession."

Mark this up as another failure of Trump's, so many now.

You are SO excited. Maybe this time, you'll get him!

We’re not Republicans. This isn’t about “getting him” the way you guys failed at doing with Obama and Hillary and Bill, this is about saving the country.