Trump's economy is booming—repealing tariffs will boost it even more

[AzogtheDefiler]

Trump tariffs??

Example after example has shown that tariffs fail to protect struggling American industries

You’re a dumbass. Post a link or stfu

 

[edthecynic]

QE happened because of Obama. QE only happens when rates cannot go lower. You're so dumb. lmao

Rates can go lower now and QE is happening NOW under Tramp and he wants MORE QE.
Trump calls on Fed to cut rates by 1% and urges more quantitative easing
President Donald Trump, in his most brazen attack yet on the Federal Reserve, called for the central bank on Tuesday to cut interest rates by 1 percentage point and to implement more money-printing quantitative easing.

QE is happening? Link please.

QE never stopped, only eased up.

Link please

As you well know, because you know everything, the FED only stopped the buying of the Mortgage-Backed Securities (MBS) part of QE, but continues to this day to be a buyer of newly-issued Treasury debt, the other part of QE.

 

[edthecynic]

Ouch!! I don't recall Obama going around patting himself on the back all the time

Find one of his speeches and take a shot every time he says "I"...see how long you last!

Truth be told all presidents say "I believe, I will do "etc etc but not all lie about achievements they had nothing to do with, or things that have never happened. As a liar ,trump is an overachiever all imho

Name one of Obama’s accomplishments that helped the US in his 8 yrs.

His Stimulus Package turned around the Great Bush Recession, for one, something that alone surpasses everything Tramp tries to take credit for his entire life

You’re just an asshole and an antisemite. Fuck off. I don’t have any patience for Holocaust denying assholes like you.

Just more projection on your part, you ISIS lover, you.

 

[AzogtheDefiler]

QE happened because of Obama. QE only happens when rates cannot go lower. You're so dumb. lmao

Rates can go lower now and QE is happening NOW under Tramp and he wants MORE QE.
Trump calls on Fed to cut rates by 1% and urges more quantitative easing
President Donald Trump, in his most brazen attack yet on the Federal Reserve, called for the central bank on Tuesday to cut interest rates by 1 percentage point and to implement more money-printing quantitative easing.

QE is happening? Link please.

QE never stopped, only eased up.

Link please

As you well know, because you know everything, the FED only stopped the buying of the Mortgage-Backed Securities (MBS) part of QE, but continues to this day to be a buyer of newly-issued Treasury debt, the other part of QE.

Show the link. Please. Still waiting.

 

[AzogtheDefiler]

Find one of his speeches and take a shot every time he says "I"...see how long you last!

Truth be told all presidents say "I believe, I will do "etc etc but not all lie about achievements they had nothing to do with, or things that have never happened. As a liar ,trump is an overachiever all imho

Name one of Obama’s accomplishments that helped the US in his 8 yrs.

His Stimulus Package turned around the Great Bush Recession, for one, something that alone surpasses everything Tramp tries to take credit for his entire life

You’re just an asshole and an antisemite. Fuck off. I don’t have any patience for Holocaust denying assholes like you.

Just more projection on your part, you ISIS lover, you.

LMAO. You’re a pussy and an antisemite. Your prior posts show it.

 

[edthecynic]

Ouch!! I don't recall Obama going around patting himself on the back all the time

Find one of his speeches and take a shot every time he says "I"...see how long you last!

Truth be told all presidents say "I believe, I will do "etc etc but not all lie about achievements they had nothing to do with, or things that have never happened. As a liar ,trump is an overachiever all imho

Name one of Obama’s accomplishments that helped the US in his 8 yrs.

© The Balance, 2018


BY KIMBERLY AMADEO

Updated June 25, 2019
President Barack Obama entered office in 2009 to fight the 2008 financial crisis. He immediately launched the ambitious Affordable Care Act, despite the backlash. His administration continued battling the Tea Party Republicans after they gained a Congressional majority in the 2010 mid-term elections.

Despite these challenges, he accomplished many great things by the time his term ended in January 2017. Here are the top 14 in chronological order. Find out how they match up to the 2008 "Yes We Can!" campaign promises.

$787 billion economic stimulus package. It cut taxes, extended unemployment benefits, and funded public works projects.

The recession ended in July 2009 when GDP growth turned positive.



LEARN MORE
In just seven months, the American Recovery and Reinvestment Act pumped $241.9 billion into the economy. That increased growth to a robust 3.9 percent rate by early 2010. By March 30, 2011, almost all ($633.5 billion) of the funds were spent.

bailed out the U.S. auto industry on March 30, 2009. The federal government took over General Motors and Chrysler, saving three million jobs. It forced the companies to become more fuel efficient and therefore more globally competitive.

Obama won the Nobel Peace Prize. The Committee lauded "his extraordinary efforts to strengthen international diplomacy and cooperation between peoples." He withdrew troops from Iraq in 2011. He reduced the U.S. nuclear warhead stockpile by 10 percent.


Affordable Care Act revolutionized healthcare. By 2014, the economy benefited from having 95 percent of the population on health insurance.


The greater number of people receiving preventive care reduced the number of expensive visits to emergency rooms.


That slows the rise of health care costs for everyone. That's because Medicaid reimburses hospitals for emergency care. Those are the most significant of Obamacare's 10 advantages.


Why did health care need to be reformed? Rising costs threatened to take over the entire federal budget. It was also the no.1 cause of bankruptcies. In return, Americans received the worst health care in the developed world. It is the only one of 33 developed countries without universal health care.


President Donald Trump promised to "repeal and replace" Obamacare. As of October 2017, he has failed to pass any legislation. But he is weakening Obamacare even without repeal.


Dodd-Frank Wall Street Reform Act improved regulation of eight areas that led to the financial crisis. The Consumer Financial Protection Agency reduced harmful practices of credit cards and mortgages. The Financial Stability Oversight Council regulated hedge funds and banks that became too big to fail. The "Volcker Rule" banned banks from risking losses with their depositors' money. Dodd-Frank clarified which agencies regulated which banks, stopping banks from cherry-picking their regulators.


Dodd-Frank directed the Securities and Exchange Commission and the Commodity Futures Trading Commission. These regulated the riskiest derivatives, like credit default swaps and commodities futures. Dodd-Frank also asked the SEC to recommend how the credit rating agencies, like Moody's and Standard & Poor's, could be improved.


$858 billion tax cut. It had three main components: a $350 billion extension of the Bush tax cuts, a $56 billion extension of unemployment benefits, and a $120 billion reduction in workers' payroll taxes. Businesses received $140 billion in tax cuts for capital improvements and $80 billion in research and development tax credits. The estate tax was exempted (up to $5 million), and there were additional credits for college tuition and children.

99 weeks of unemployment

Another Russia Limbaugh Lie. Only those states worst hit by the Great Bush Recession were eligible for 99 weeks and it was only temporary.

 

[edthecynic]

Truth be told all presidents say "I believe, I will do "etc etc but not all lie about achievements they had nothing to do with, or things that have never happened. As a liar ,trump is an overachiever all imho

Name one of Obama’s accomplishments that helped the US in his 8 yrs.

His Stimulus Package turned around the Great Bush Recession, for one, something that alone surpasses everything Tramp tries to take credit for his entire life

You’re just an asshole and an antisemite. Fuck off. I don’t have any patience for Holocaust denying assholes like you.

Just more projection on your part, you ISIS lover, you.

LMAO. You’re a pussy and an antisemite. Your prior posts show it.

You are the one who loves ISIS.

 

[edthecynic]

Rates can go lower now and QE is happening NOW under Tramp and he wants MORE QE.
Trump calls on Fed to cut rates by 1% and urges more quantitative easing
President Donald Trump, in his most brazen attack yet on the Federal Reserve, called for the central bank on Tuesday to cut interest rates by 1 percentage point and to implement more money-printing quantitative easing.

QE is happening? Link please.

QE never stopped, only eased up.

Link please

As you well know, because you know everything, the FED only stopped the buying of the Mortgage-Backed Securities (MBS) part of QE, but continues to this day to be a buyer of newly-issued Treasury debt, the other part of QE.

Show the link. Please. Still waiting.

Admit you are a know-nothing first and then I will post the link. And as everyone on this board knows I ALWAYS have a link. I may not post it right away to get you SUCKERS to keep making fools of yourselves longer, and sometimes others spoil my fun by posting the link, but I always have one!

 

[edthecynic]

Truth be told all presidents say "I believe, I will do "etc etc but not all lie about achievements they had nothing to do with, or things that have never happened. As a liar ,trump is an overachiever all imho

Name one of Obama’s accomplishments that helped the US in his 8 yrs.

© The Balance, 2018


BY KIMBERLY AMADEO

Updated June 25, 2019
President Barack Obama entered office in 2009 to fight the 2008 financial crisis. He immediately launched the ambitious Affordable Care Act, despite the backlash. His administration continued battling the Tea Party Republicans after they gained a Congressional majority in the 2010 mid-term elections.

Despite these challenges, he accomplished many great things by the time his term ended in January 2017. Here are the top 14 in chronological order. Find out how they match up to the 2008 "Yes We Can!" campaign promises.

$787 billion economic stimulus package. It cut taxes, extended unemployment benefits, and funded public works projects.

The recession ended in July 2009 when GDP growth turned positive.



LEARN MORE
In just seven months, the American Recovery and Reinvestment Act pumped $241.9 billion into the economy. That increased growth to a robust 3.9 percent rate by early 2010. By March 30, 2011, almost all ($633.5 billion) of the funds were spent.

bailed out the U.S. auto industry on March 30, 2009. The federal government took over General Motors and Chrysler, saving three million jobs. It forced the companies to become more fuel efficient and therefore more globally competitive.

Obama won the Nobel Peace Prize. The Committee lauded "his extraordinary efforts to strengthen international diplomacy and cooperation between peoples." He withdrew troops from Iraq in 2011. He reduced the U.S. nuclear warhead stockpile by 10 percent.


Affordable Care Act revolutionized healthcare. By 2014, the economy benefited from having 95 percent of the population on health insurance.


The greater number of people receiving preventive care reduced the number of expensive visits to emergency rooms.


That slows the rise of health care costs for everyone. That's because Medicaid reimburses hospitals for emergency care. Those are the most significant of Obamacare's 10 advantages.


Why did health care need to be reformed? Rising costs threatened to take over the entire federal budget. It was also the no.1 cause of bankruptcies. In return, Americans received the worst health care in the developed world. It is the only one of 33 developed countries without universal health care.


President Donald Trump promised to "repeal and replace" Obamacare. As of October 2017, he has failed to pass any legislation. But he is weakening Obamacare even without repeal.


Dodd-Frank Wall Street Reform Act improved regulation of eight areas that led to the financial crisis. The Consumer Financial Protection Agency reduced harmful practices of credit cards and mortgages. The Financial Stability Oversight Council regulated hedge funds and banks that became too big to fail. The "Volcker Rule" banned banks from risking losses with their depositors' money. Dodd-Frank clarified which agencies regulated which banks, stopping banks from cherry-picking their regulators.


Dodd-Frank directed the Securities and Exchange Commission and the Commodity Futures Trading Commission. These regulated the riskiest derivatives, like credit default swaps and commodities futures. Dodd-Frank also asked the SEC to recommend how the credit rating agencies, like Moody's and Standard & Poor's, could be improved.


$858 billion tax cut. It had three main components: a $350 billion extension of the Bush tax cuts, a $56 billion extension of unemployment benefits, and a $120 billion reduction in workers' payroll taxes. Businesses received $140 billion in tax cuts for capital improvements and $80 billion in research and development tax credits. The estate tax was exempted (up to $5 million), and there were additional credits for college tuition and children.

99 weeks of unemployment

What about it?

It gave people an incentive to stay home longer.

Only Russia Limbaugh listeners.

 

[AzogtheDefiler]

Find one of his speeches and take a shot every time he says "I"...see how long you last!

Truth be told all presidents say "I believe, I will do "etc etc but not all lie about achievements they had nothing to do with, or things that have never happened. As a liar ,trump is an overachiever all imho

Name one of Obama’s accomplishments that helped the US in his 8 yrs.

© The Balance, 2018


BY KIMBERLY AMADEO

Updated June 25, 2019
President Barack Obama entered office in 2009 to fight the 2008 financial crisis. He immediately launched the ambitious Affordable Care Act, despite the backlash. His administration continued battling the Tea Party Republicans after they gained a Congressional majority in the 2010 mid-term elections.

Despite these challenges, he accomplished many great things by the time his term ended in January 2017. Here are the top 14 in chronological order. Find out how they match up to the 2008 "Yes We Can!" campaign promises.

$787 billion economic stimulus package. It cut taxes, extended unemployment benefits, and funded public works projects.

The recession ended in July 2009 when GDP growth turned positive.



LEARN MORE
In just seven months, the American Recovery and Reinvestment Act pumped $241.9 billion into the economy. That increased growth to a robust 3.9 percent rate by early 2010. By March 30, 2011, almost all ($633.5 billion) of the funds were spent.

bailed out the U.S. auto industry on March 30, 2009. The federal government took over General Motors and Chrysler, saving three million jobs. It forced the companies to become more fuel efficient and therefore more globally competitive.

Obama won the Nobel Peace Prize. The Committee lauded "his extraordinary efforts to strengthen international diplomacy and cooperation between peoples." He withdrew troops from Iraq in 2011. He reduced the U.S. nuclear warhead stockpile by 10 percent.


Affordable Care Act revolutionized healthcare. By 2014, the economy benefited from having 95 percent of the population on health insurance.


The greater number of people receiving preventive care reduced the number of expensive visits to emergency rooms.


That slows the rise of health care costs for everyone. That's because Medicaid reimburses hospitals for emergency care. Those are the most significant of Obamacare's 10 advantages.


Why did health care need to be reformed? Rising costs threatened to take over the entire federal budget. It was also the no.1 cause of bankruptcies. In return, Americans received the worst health care in the developed world. It is the only one of 33 developed countries without universal health care.


President Donald Trump promised to "repeal and replace" Obamacare. As of October 2017, he has failed to pass any legislation. But he is weakening Obamacare even without repeal.


Dodd-Frank Wall Street Reform Act improved regulation of eight areas that led to the financial crisis. The Consumer Financial Protection Agency reduced harmful practices of credit cards and mortgages. The Financial Stability Oversight Council regulated hedge funds and banks that became too big to fail. The "Volcker Rule" banned banks from risking losses with their depositors' money. Dodd-Frank clarified which agencies regulated which banks, stopping banks from cherry-picking their regulators.


Dodd-Frank directed the Securities and Exchange Commission and the Commodity Futures Trading Commission. These regulated the riskiest derivatives, like credit default swaps and commodities futures. Dodd-Frank also asked the SEC to recommend how the credit rating agencies, like Moody's and Standard & Poor's, could be improved.


$858 billion tax cut. It had three main components: a $350 billion extension of the Bush tax cuts, a $56 billion extension of unemployment benefits, and a $120 billion reduction in workers' payroll taxes. Businesses received $140 billion in tax cuts for capital improvements and $80 billion in research and development tax credits. The estate tax was exempted (up to $5 million), and there were additional credits for college tuition and children.

99 weeks of unemployment

Another Russia Limbaugh Lie. Only those states worst hit by the Great Bush Recession were eligible for 99 weeks and it was only temporary.

Link!?

 

[AzogtheDefiler]

Name one of Obama’s accomplishments that helped the US in his 8 yrs.

His Stimulus Package turned around the Great Bush Recession, for one, something that alone surpasses everything Tramp tries to take credit for his entire life

You’re just an asshole and an antisemite. Fuck off. I don’t have any patience for Holocaust denying assholes like you.

Just more projection on your part, you ISIS lover, you.

LMAO. You’re a pussy and an antisemite. Your prior posts show it.

You are the one who loves ISIS.

You’re reaching. Typical Jew hating Leftist

 

[AzogtheDefiler]

QE is happening? Link please.

QE never stopped, only eased up.

Link please

As you well know, because you know everything, the FED only stopped the buying of the Mortgage-Backed Securities (MBS) part of QE, but continues to this day to be a buyer of newly-issued Treasury debt, the other part of QE.

Show the link. Please. Still waiting.

Admit you are a know-nothing first and then I will post the link. And as everyone on this board knows I ALWAYS have a link. I may not post it right away to get you SUCKERS to keep making fools of yourselves longer, and sometimes others spoil my fun by posting the link, but I always have one!

Link it or STFU you antisemitic dumbass

 

[AzogtheDefiler]

Name one of Obama’s accomplishments that helped the US in his 8 yrs.

© The Balance, 2018


BY KIMBERLY AMADEO

Updated June 25, 2019
President Barack Obama entered office in 2009 to fight the 2008 financial crisis. He immediately launched the ambitious Affordable Care Act, despite the backlash. His administration continued battling the Tea Party Republicans after they gained a Congressional majority in the 2010 mid-term elections.

Despite these challenges, he accomplished many great things by the time his term ended in January 2017. Here are the top 14 in chronological order. Find out how they match up to the 2008 "Yes We Can!" campaign promises.

$787 billion economic stimulus package. It cut taxes, extended unemployment benefits, and funded public works projects.

The recession ended in July 2009 when GDP growth turned positive.



LEARN MORE
In just seven months, the American Recovery and Reinvestment Act pumped $241.9 billion into the economy. That increased growth to a robust 3.9 percent rate by early 2010. By March 30, 2011, almost all ($633.5 billion) of the funds were spent.

bailed out the U.S. auto industry on March 30, 2009. The federal government took over General Motors and Chrysler, saving three million jobs. It forced the companies to become more fuel efficient and therefore more globally competitive.

Obama won the Nobel Peace Prize. The Committee lauded "his extraordinary efforts to strengthen international diplomacy and cooperation between peoples." He withdrew troops from Iraq in 2011. He reduced the U.S. nuclear warhead stockpile by 10 percent.


Affordable Care Act revolutionized healthcare. By 2014, the economy benefited from having 95 percent of the population on health insurance.


The greater number of people receiving preventive care reduced the number of expensive visits to emergency rooms.


That slows the rise of health care costs for everyone. That's because Medicaid reimburses hospitals for emergency care. Those are the most significant of Obamacare's 10 advantages.


Why did health care need to be reformed? Rising costs threatened to take over the entire federal budget. It was also the no.1 cause of bankruptcies. In return, Americans received the worst health care in the developed world. It is the only one of 33 developed countries without universal health care.


President Donald Trump promised to "repeal and replace" Obamacare. As of October 2017, he has failed to pass any legislation. But he is weakening Obamacare even without repeal.


Dodd-Frank Wall Street Reform Act improved regulation of eight areas that led to the financial crisis. The Consumer Financial Protection Agency reduced harmful practices of credit cards and mortgages. The Financial Stability Oversight Council regulated hedge funds and banks that became too big to fail. The "Volcker Rule" banned banks from risking losses with their depositors' money. Dodd-Frank clarified which agencies regulated which banks, stopping banks from cherry-picking their regulators.


Dodd-Frank directed the Securities and Exchange Commission and the Commodity Futures Trading Commission. These regulated the riskiest derivatives, like credit default swaps and commodities futures. Dodd-Frank also asked the SEC to recommend how the credit rating agencies, like Moody's and Standard & Poor's, could be improved.


$858 billion tax cut. It had three main components: a $350 billion extension of the Bush tax cuts, a $56 billion extension of unemployment benefits, and a $120 billion reduction in workers' payroll taxes. Businesses received $140 billion in tax cuts for capital improvements and $80 billion in research and development tax credits. The estate tax was exempted (up to $5 million), and there were additional credits for college tuition and children.

99 weeks of unemployment

What about it?

It gave people an incentive to stay home longer.

Only Russia Limbaugh listeners.

Dumbass Leftist. You’re a pussy and a liar and it’s you don’t know anything. Illiterate fool.

 

[edthecynic]

Ben Shapiro: We can't blame President Trump for the division in America | Opinion

Not when Russia Limbaugh takes full credit for it! Oh gee, did Benny The Bully leave that part out? I wonder why???
March 22, 2010
RUSH: I'll tell you, I'm going to be very honest. I largely blame myself for this. I do, I'll tell you why I think I'm responsible for this, this partisan divide. It's a good thing, don't misunderstand, but I'm responsible for it

 

[edthecynic]

QE never stopped, only eased up.

Link please

As you well know, because you know everything, the FED only stopped the buying of the Mortgage-Backed Securities (MBS) part of QE, but continues to this day to be a buyer of newly-issued Treasury debt, the other part of QE.

Show the link. Please. Still waiting.

Admit you are a know-nothing first and then I will post the link. And as everyone on this board knows I ALWAYS have a link. I may not post it right away to get you SUCKERS to keep making fools of yourselves longer, and sometimes others spoil my fun by posting the link, but I always have one!

Link it or STFU you antisemitic dumbass

Admit you know nothing and I will post the link. I'm sick of you acting like a know-it-all and then asking for links to common knowledge.

 

[AzogtheDefiler]

Ben Shapiro: We can't blame President Trump for the division in America | Opinion

Not when Russia Limbaugh takes full credit for it! Oh gee, did Benny The Bully leave that part out? I wonder why???
March 22, 2010
RUSH: I'll tell you, I'm going to be very honest. I largely blame myself for this. I do, I'll tell you why I think I'm responsible for this, this partisan divide. It's a good thing, don't misunderstand, but I'm responsible for it

You’re a weirdo. I see thank for that.

 

[AzogtheDefiler]

Link please

As you well know, because you know everything, the FED only stopped the buying of the Mortgage-Backed Securities (MBS) part of QE, but continues to this day to be a buyer of newly-issued Treasury debt, the other part of QE.

Show the link. Please. Still waiting.

Admit you are a know-nothing first and then I will post the link. And as everyone on this board knows I ALWAYS have a link. I may not post it right away to get you SUCKERS to keep making fools of yourselves longer, and sometimes others spoil my fun by posting the link, but I always have one!

Link it or STFU you antisemitic dumbass

Admit you know nothing and I will post the link. I'm sick of you acting like a know-it-all and then asking for links to common knowledge.

Post the link or STFU. There is no QE. It’s funny how you buried yourself. I ll save this to prove your dumbassery later. Fatso.

 

[edthecynic]

Truth be told all presidents say "I believe, I will do "etc etc but not all lie about achievements they had nothing to do with, or things that have never happened. As a liar ,trump is an overachiever all imho

Name one of Obama’s accomplishments that helped the US in his 8 yrs.

© The Balance, 2018


BY KIMBERLY AMADEO

Updated June 25, 2019
President Barack Obama entered office in 2009 to fight the 2008 financial crisis. He immediately launched the ambitious Affordable Care Act, despite the backlash. His administration continued battling the Tea Party Republicans after they gained a Congressional majority in the 2010 mid-term elections.

Despite these challenges, he accomplished many great things by the time his term ended in January 2017. Here are the top 14 in chronological order. Find out how they match up to the 2008 "Yes We Can!" campaign promises.

$787 billion economic stimulus package. It cut taxes, extended unemployment benefits, and funded public works projects.

The recession ended in July 2009 when GDP growth turned positive.



LEARN MORE
In just seven months, the American Recovery and Reinvestment Act pumped $241.9 billion into the economy. That increased growth to a robust 3.9 percent rate by early 2010. By March 30, 2011, almost all ($633.5 billion) of the funds were spent.

bailed out the U.S. auto industry on March 30, 2009. The federal government took over General Motors and Chrysler, saving three million jobs. It forced the companies to become more fuel efficient and therefore more globally competitive.

Obama won the Nobel Peace Prize. The Committee lauded "his extraordinary efforts to strengthen international diplomacy and cooperation between peoples." He withdrew troops from Iraq in 2011. He reduced the U.S. nuclear warhead stockpile by 10 percent.


Affordable Care Act revolutionized healthcare. By 2014, the economy benefited from having 95 percent of the population on health insurance.


The greater number of people receiving preventive care reduced the number of expensive visits to emergency rooms.


That slows the rise of health care costs for everyone. That's because Medicaid reimburses hospitals for emergency care. Those are the most significant of Obamacare's 10 advantages.


Why did health care need to be reformed? Rising costs threatened to take over the entire federal budget. It was also the no.1 cause of bankruptcies. In return, Americans received the worst health care in the developed world. It is the only one of 33 developed countries without universal health care.


President Donald Trump promised to "repeal and replace" Obamacare. As of October 2017, he has failed to pass any legislation. But he is weakening Obamacare even without repeal.


Dodd-Frank Wall Street Reform Act improved regulation of eight areas that led to the financial crisis. The Consumer Financial Protection Agency reduced harmful practices of credit cards and mortgages. The Financial Stability Oversight Council regulated hedge funds and banks that became too big to fail. The "Volcker Rule" banned banks from risking losses with their depositors' money. Dodd-Frank clarified which agencies regulated which banks, stopping banks from cherry-picking their regulators.


Dodd-Frank directed the Securities and Exchange Commission and the Commodity Futures Trading Commission. These regulated the riskiest derivatives, like credit default swaps and commodities futures. Dodd-Frank also asked the SEC to recommend how the credit rating agencies, like Moody's and Standard & Poor's, could be improved.


$858 billion tax cut. It had three main components: a $350 billion extension of the Bush tax cuts, a $56 billion extension of unemployment benefits, and a $120 billion reduction in workers' payroll taxes. Businesses received $140 billion in tax cuts for capital improvements and $80 billion in research and development tax credits. The estate tax was exempted (up to $5 million), and there were additional credits for college tuition and children.

99 weeks of unemployment

Another Russia Limbaugh Lie. Only those states worst hit by the Great Bush Recession were eligible for 99 weeks and it was only temporary.

Link!?

Again Mr Know-it-all plays dumb. For a state to be eligible for 99 weeks their UE rate had to be above a certain level, the lower their UE rate the fewer weeks of eligibility they got. Just more common knowledge!

 

[edthecynic]

As you well know, because you know everything, the FED only stopped the buying of the Mortgage-Backed Securities (MBS) part of QE, but continues to this day to be a buyer of newly-issued Treasury debt, the other part of QE.

Show the link. Please. Still waiting.

Admit you are a know-nothing first and then I will post the link. And as everyone on this board knows I ALWAYS have a link. I may not post it right away to get you SUCKERS to keep making fools of yourselves longer, and sometimes others spoil my fun by posting the link, but I always have one!

Link it or STFU you antisemitic dumbass

Admit you know nothing and I will post the link. I'm sick of you acting like a know-it-all and then asking for links to common knowledge.

Post the link or STFU. There is no QE. It’s funny how you buried yourself. I ll save this to prove your dumbassery later. Fatso.

You didn't say you know nothing yet, so I take that as you don't want a link posted that shows you as a liar and a FOOL. I can see your point.

 

[AzogtheDefiler]

Name one of Obama’s accomplishments that helped the US in his 8 yrs.

© The Balance, 2018


BY KIMBERLY AMADEO

Updated June 25, 2019
President Barack Obama entered office in 2009 to fight the 2008 financial crisis. He immediately launched the ambitious Affordable Care Act, despite the backlash. His administration continued battling the Tea Party Republicans after they gained a Congressional majority in the 2010 mid-term elections.

Despite these challenges, he accomplished many great things by the time his term ended in January 2017. Here are the top 14 in chronological order. Find out how they match up to the 2008 "Yes We Can!" campaign promises.

$787 billion economic stimulus package. It cut taxes, extended unemployment benefits, and funded public works projects.

The recession ended in July 2009 when GDP growth turned positive.



LEARN MORE
In just seven months, the American Recovery and Reinvestment Act pumped $241.9 billion into the economy. That increased growth to a robust 3.9 percent rate by early 2010. By March 30, 2011, almost all ($633.5 billion) of the funds were spent.

bailed out the U.S. auto industry on March 30, 2009. The federal government took over General Motors and Chrysler, saving three million jobs. It forced the companies to become more fuel efficient and therefore more globally competitive.

Obama won the Nobel Peace Prize. The Committee lauded "his extraordinary efforts to strengthen international diplomacy and cooperation between peoples." He withdrew troops from Iraq in 2011. He reduced the U.S. nuclear warhead stockpile by 10 percent.


Affordable Care Act revolutionized healthcare. By 2014, the economy benefited from having 95 percent of the population on health insurance.


The greater number of people receiving preventive care reduced the number of expensive visits to emergency rooms.


That slows the rise of health care costs for everyone. That's because Medicaid reimburses hospitals for emergency care. Those are the most significant of Obamacare's 10 advantages.


Why did health care need to be reformed? Rising costs threatened to take over the entire federal budget. It was also the no.1 cause of bankruptcies. In return, Americans received the worst health care in the developed world. It is the only one of 33 developed countries without universal health care.


President Donald Trump promised to "repeal and replace" Obamacare. As of October 2017, he has failed to pass any legislation. But he is weakening Obamacare even without repeal.


Dodd-Frank Wall Street Reform Act improved regulation of eight areas that led to the financial crisis. The Consumer Financial Protection Agency reduced harmful practices of credit cards and mortgages. The Financial Stability Oversight Council regulated hedge funds and banks that became too big to fail. The "Volcker Rule" banned banks from risking losses with their depositors' money. Dodd-Frank clarified which agencies regulated which banks, stopping banks from cherry-picking their regulators.


Dodd-Frank directed the Securities and Exchange Commission and the Commodity Futures Trading Commission. These regulated the riskiest derivatives, like credit default swaps and commodities futures. Dodd-Frank also asked the SEC to recommend how the credit rating agencies, like Moody's and Standard & Poor's, could be improved.


$858 billion tax cut. It had three main components: a $350 billion extension of the Bush tax cuts, a $56 billion extension of unemployment benefits, and a $120 billion reduction in workers' payroll taxes. Businesses received $140 billion in tax cuts for capital improvements and $80 billion in research and development tax credits. The estate tax was exempted (up to $5 million), and there were additional credits for college tuition and children.

99 weeks of unemployment

Another Russia Limbaugh Lie. Only those states worst hit by the Great Bush Recession were eligible for 99 weeks and it was only temporary.

Link!?

Again Mr Know-it-all plays dumb. For a state to be eligible for 99 weeks their UE rate had to be above a certain level, the lower their UE rate the fewer weeks of eligibility they got. Just more common knowledge!

A fat loser with TDS says what? You didn’t even know I was a Jew. You’re so stupid. LMAO. Fatty.