Unemployment rate drops to lowest since 2000

[Reasonable]

A show of hands who want's to go back to Obama's lame ass economy? Nobody? Thought so, good job president Trump

Still as dumb as a rock I see.

Trump inherits Obama boom

 

[Reasonable]

The Obama recovery continues, thank God, and even more thanks that Trump has not blown it up.

Yet.
The tariff debacle has not reached bottom.

 

[iamwhatiseem]

Three words.... Labor Participation Rate.
It was relevant when Dems were claiming success, and still relevant when Repubs do the same.
More people left the pool than joined it. In other words, the number dropped more due to people no longer counted - then found a job.

 

[francoHFW]

You say that..but the facts say otherwise.

There were no net new part-time jobs created since recession, all job growth was in full time category.

And BTW, I can demand whatever I want to demand.

Let's hope Obama era growth continues after after Trump's sugar runs out.

Trumps economy is being fueled by government spending. Idiot RW's dont know that because they refuse to acknowledge the growing deficit.

its a matter of time before Goldilocks winds up with a lap full of his own bullshit.

END OF STORY

Where were you when Barry The Blamer doubled the deficit? It was all ok then, right? Hypocritical ass.

Bush also nearly doubled the debt. That makes the right the hypocrites as they never complained about it until the president was a Democrat. Not s Trump is blowing up the debt, and again, no complaints from the right.

So The Blamer doubled Bush's debt. Thanks for the reminder, dingus.

80 to 90% of Obama's debt was the stimulus that averted a a full-blown GOP depression and unemployment and Welfare for the victims. 800 billion the first two years, still around 100 billion a year. And GOP Dupes have never heard of any of it LOL...

 

[iamwhatiseem]

Let's hope Obama era growth continues after after Trump's sugar runs out.

Trumps economy is being fueled by government spending. Idiot RW's dont know that because they refuse to acknowledge the growing deficit.

its a matter of time before Goldilocks winds up with a lap full of his own bullshit.

END OF STORY

Where were you when Barry The Blamer doubled the deficit? It was all ok then, right? Hypocritical ass.

Bush also nearly doubled the debt. That makes the right the hypocrites as they never complained about it until the president was a Democrat. Not s Trump is blowing up the debt, and again, no complaints from the right.

So The Blamer doubled Bush's debt. Thanks for the reminder, dingus.

80 to 90% of Obama's debt was the stimulus that averted a a full-blown GOP depression and unemployment and Welfare for the victims. 800 billion the first two years, still around 100 billion a year. And GOP Dupes have never heard of any of it LOL...

No...not even close. That is what the low information people believe.
Not that talking to you is worth one damn thing.
You are one of the biggest red team/blue team rock throwers at USMB.

 

[francoHFW]

Trumps economy is being fueled by government spending. Idiot RW's dont know that because they refuse to acknowledge the growing deficit.

its a matter of time before Goldilocks winds up with a lap full of his own bullshit.

END OF STORY

Where were you when Barry The Blamer doubled the deficit? It was all ok then, right? Hypocritical ass.

Bush also nearly doubled the debt. That makes the right the hypocrites as they never complained about it until the president was a Democrat. Not s Trump is blowing up the debt, and again, no complaints from the right.

So The Blamer doubled Bush's debt. Thanks for the reminder, dingus.

80 to 90% of Obama's debt was the stimulus that averted a a full-blown GOP depression and unemployment and Welfare for the victims. 800 billion the first two years, still around 100 billion a year. And GOP Dupes have never heard of any of it LOL...

No...not even close. That is what the low information people believe.
Not that talking to you is worth one damn thing.
You are one of the biggest red team/blue team rock throwers at USMB.

Low-information people like every respected media in the world, super duper. Keep listening to greedy idiot billionaires Murdock Moon Adelson etc etc... Your disgraceful propaganda machine is the only one reported the crap your tiny brain is full of LOL aaarrrggghhh.....

 

[Markle]

He’s not the only president. The only time Bush went above 3% was when the real estate bubble pushed it north of 3%. And of course, so far, Trump’s first year in was 2.2%.

Confusing. First, you say "He's not the only president". Then you say he WAS the only president. Why lie?

 

[Markle]

Sure... show how two members of the minority party caused the real estate markets to utterly collapse.....

Just to remind all our FRIENDS from the far left, the responsibility for this mess lies with Jimmy Carter, Bill Clinton, Barney Frank and Chris Dodd. AND WITH REPUBLICANS for backing off every time Barney Frank and his cronies played…THE RACE CARD! The housing bubble is what led to the downfall and that was driven by Democrats, starting with Jimmy Carter and hugely expanded by Bill Clinton. Here are the facts, once again, for you to ignore….

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
HUD Archives: Cuomo agrees w/Nat'l Urban League -- to Fight Housing Discrimination

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -
Fannie Mae Eases Credit To Aid Mortgage Lending

August 5, 1997
President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001
Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs


By Elliot Blair Smith,
USA TODAY
Fannie Mae to pay $400 million fine
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

Bloomberg News -
How the Democrats Created the Financial Crisis -
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0

Democrats in their own words covering up the Fannie Mae, Freddie Mac


Timeline shows Bush, McCain warning Democrats of Financial Crisis


From the New York Times
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
By STEPHEN LABATON
Published: September 11, 2003 WASHINGTON,

Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.
Read more: New Agency Proposed to Oversee Freddie Mac and Fannie Mae

[…]

From USNews and World Report
Barney Frank's Fannie and Freddie Muddle
By Sam Dealey
September 10, 2008

[…]

So five years ago, there was one of those rare moments in Washington when the branches and personalities of government—in this case, the Bush administration—are less interested in protecting or expanding their turf than in fixing a looming catastrophe. What was Frank's response to the proposal?

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

[…]

http://www.usnews.com/opinion/blogs/sam-dealey/2008/09/10/barney-franks-fannie-and-freddie-muddle

Wall Street Journal Barney’s Rubble – September 17, 2008
http://online.wsj.com/news/articles/SB122161010874845645

Barney Frank in 2005: What Housing Bubble?


Maxine Waters & Barney Frank - Then Vs. Now -

Embedded media from this media site is no longer available

Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis -
The Bet That Blew Up Wall Street

All this, in addition to the repeal of the Glass-Steagall Act by President William Jefferson Clinton caused the meltdown.

It COULD have been stopped or greatly reduced. Democrats fought that every step of the way and the Republicans wilted under the barrage of being called racist and worse.

###

 

[Faun]

He’s not the only president. The only time Bush went above 3% was when the real estate bubble pushed it north of 3%. And of course, so far, Trump’s first year in was 2.2%.

Confusing. First, you say "He's not the only president". Then you say he WAS the only president. Why lie?

Really? In what year did Trump crack 3%?

 

[iamwhatiseem]

Where were you when Barry The Blamer doubled the deficit? It was all ok then, right? Hypocritical ass.

Bush also nearly doubled the debt. That makes the right the hypocrites as they never complained about it until the president was a Democrat. Not s Trump is blowing up the debt, and again, no complaints from the right.

So The Blamer doubled Bush's debt. Thanks for the reminder, dingus.

80 to 90% of Obama's debt was the stimulus that averted a a full-blown GOP depression and unemployment and Welfare for the victims. 800 billion the first two years, still around 100 billion a year. And GOP Dupes have never heard of any of it LOL...

No...not even close. That is what the low information people believe.
Not that talking to you is worth one damn thing.
You are one of the biggest red team/blue team rock throwers at USMB.

Low-information people like every respected media in the world, super duper. Keep listening to greedy idiot billionaires Murdock Moon Adelson etc etc... Your disgraceful propaganda machine is the only one reported the crap your tiny brain is full of LOL aaarrrggghhh.....

Obama is an elitist-corporatist.
Wall Street never had a better friend than President Obama. He even wanted to make Larry Summers Secy Treasurer. Summers is one of the three top architects to the mortgage crises. Him and Alan Greenspan were the kingpins of the entire 90's "debt as income" false economy.
You are barking up the wrong tree, You are much better off getting your blue uniform back on and start throwing rocks at the red team. YOu don't don't possess half the information you need for meaningful dialogue.

 

[francoHFW]

Bush also nearly doubled the debt. That makes the right the hypocrites as they never complained about it until the president was a Democrat. Not s Trump is blowing up the debt, and again, no complaints from the right.

So The Blamer doubled Bush's debt. Thanks for the reminder, dingus.

80 to 90% of Obama's debt was the stimulus that averted a a full-blown GOP depression and unemployment and Welfare for the victims. 800 billion the first two years, still around 100 billion a year. And GOP Dupes have never heard of any of it LOL...

No...not even close. That is what the low information people believe.
Not that talking to you is worth one damn thing.
You are one of the biggest red team/blue team rock throwers at USMB.

Low-information people like every respected media in the world, super duper. Keep listening to greedy idiot billionaires Murdock Moon Adelson etc etc... Your disgraceful propaganda machine is the only one reported the crap your tiny brain is full of LOL aaarrrggghhh.....

Obama is an elitist-corporatist.
Wall Street never had a better friend than President Obama. He even wanted to make Larry Summers Secy Treasurer. Summers is one of the three top architects to the mortgage crises. Him and Alan Greenspan were the kingpins of the entire 90's "debt as income" false economy.
You are barking up the wrong tree, You are much better off getting your blue uniform back on and start throwing rocks at the red team. YOu don't don't possess half the information you need for meaningful dialogue.

Surprise-- no Democrats are communists, super duper. In the middle of another gigantic corrupt GOP economic meltdown, you don't scare Wall Street Etc.

 

[francoHFW]

So The Blamer doubled Bush's debt. Thanks for the reminder, dingus.

80 to 90% of Obama's debt was the stimulus that averted a a full-blown GOP depression and unemployment and Welfare for the victims. 800 billion the first two years, still around 100 billion a year. And GOP Dupes have never heard of any of it LOL...

No...not even close. That is what the low information people believe.
Not that talking to you is worth one damn thing.
You are one of the biggest red team/blue team rock throwers at USMB.

Low-information people like every respected media in the world, super duper. Keep listening to greedy idiot billionaires Murdock Moon Adelson etc etc... Your disgraceful propaganda machine is the only one reported the crap your tiny brain is full of LOL aaarrrggghhh.....

Obama is an elitist-corporatist.
Wall Street never had a better friend than President Obama. He even wanted to make Larry Summers Secy Treasurer. Summers is one of the three top architects to the mortgage crises. Him and Alan Greenspan were the kingpins of the entire 90's "debt as income" false economy.
You are barking up the wrong tree, You are much better off getting your blue uniform back on and start throwing rocks at the red team. YOu don't don't possess half the information you need for meaningful dialogue.

Surprise-- no Democrats are communists, super duper. In the middle of another gigantic corrupt GOP economic meltdown, you don't scare Wall Street Etc.

Of course Wall Street had better friends, like every Republican president who lets them get away with murder, start gigantic corrupt bubbles and we get to pay for the busts, super duper.

 

[SmokeALib]

80 to 90% of Obama's debt was the stimulus that averted a a full-blown GOP depression and unemployment and Welfare for the victims. 800 billion the first two years, still around 100 billion a year. And GOP Dupes have never heard of any of it LOL...

No...not even close. That is what the low information people believe.
Not that talking to you is worth one damn thing.
You are one of the biggest red team/blue team rock throwers at USMB.

Low-information people like every respected media in the world, super duper. Keep listening to greedy idiot billionaires Murdock Moon Adelson etc etc... Your disgraceful propaganda machine is the only one reported the crap your tiny brain is full of LOL aaarrrggghhh.....

Obama is an elitist-corporatist.
Wall Street never had a better friend than President Obama. He even wanted to make Larry Summers Secy Treasurer. Summers is one of the three top architects to the mortgage crises. Him and Alan Greenspan were the kingpins of the entire 90's "debt as income" false economy.
You are barking up the wrong tree, You are much better off getting your blue uniform back on and start throwing rocks at the red team. YOu don't don't possess half the information you need for meaningful dialogue.

Surprise-- no Democrats are communists, super duper. In the middle of another gigantic corrupt GOP economic meltdown, you don't scare Wall Street Etc.

Of course Wall Street had better friends, like every Republican president who lets them get away with murder, start gigantic corrupt bubbles and we get to pay for the busts, super duper.

Democrats don't pay for shit. They receive.

 

[francoHFW]

Sure... show how two members of the minority party caused the real estate markets to utterly collapse.....

Just to remind all our FRIENDS from the far left, the responsibility for this mess lies with Jimmy Carter, Bill Clinton, Barney Frank and Chris Dodd. AND WITH REPUBLICANS for backing off every time Barney Frank and his cronies played…THE RACE CARD! The housing bubble is what led to the downfall and that was driven by Democrats, starting with Jimmy Carter and hugely expanded by Bill Clinton. Here are the facts, once again, for you to ignore….

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
HUD Archives: Cuomo agrees w/Nat'l Urban League -- to Fight Housing Discrimination

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -
Fannie Mae Eases Credit To Aid Mortgage Lending

August 5, 1997
President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001
Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs


By Elliot Blair Smith,
USA TODAY
Fannie Mae to pay $400 million fine
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

Bloomberg News -
How the Democrats Created the Financial Crisis -
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0

Democrats in their own words covering up the Fannie Mae, Freddie Mac


Timeline shows Bush, McCain warning Democrats of Financial Crisis


From the New York Times
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
By STEPHEN LABATON
Published: September 11, 2003 WASHINGTON,

Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.
Read more: New Agency Proposed to Oversee Freddie Mac and Fannie Mae

[…]

From USNews and World Report
Barney Frank's Fannie and Freddie Muddle
By Sam Dealey
September 10, 2008

[…]

So five years ago, there was one of those rare moments in Washington when the branches and personalities of government—in this case, the Bush administration—are less interested in protecting or expanding their turf than in fixing a looming catastrophe. What was Frank's response to the proposal?

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

[…]

http://www.usnews.com/opinion/blogs/sam-dealey/2008/09/10/barney-franks-fannie-and-freddie-muddle

Wall Street Journal Barney’s Rubble – September 17, 2008
http://online.wsj.com/news/articles/SB122161010874845645

Barney Frank in 2005: What Housing Bubble?


Maxine Waters & Barney Frank - Then Vs. Now -

Embedded media from this media site is no longer available

Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis -
The Bet That Blew Up Wall Street

All this, in addition to the repeal of the Glass-Steagall Act by President William Jefferson Clinton caused the meltdown.

It COULD have been stopped or greatly reduced. Democrats fought that every step of the way and the Republicans wilted under the barrage of being called racist and worse.

###

Thanks for all the GOP propaganda spam, super dupe, but Fanny and Freddy's share of the market went from about 75% to 30% in 2003 when bush crony regulators let independent Financial institutions sell garbage mortgages to anyone breathing. The GOP has bad mouth Ed Fannie and Freddie forever. Of course Democrats and everyone else said things were fine just before they collapsed. No one is in favor of Giant Financial meltdowns....

 

[francoHFW]

No...not even close. That is what the low information people believe.
Not that talking to you is worth one damn thing.
You are one of the biggest red team/blue team rock throwers at USMB.

Low-information people like every respected media in the world, super duper. Keep listening to greedy idiot billionaires Murdock Moon Adelson etc etc... Your disgraceful propaganda machine is the only one reported the crap your tiny brain is full of LOL aaarrrggghhh.....

Obama is an elitist-corporatist.
Wall Street never had a better friend than President Obama. He even wanted to make Larry Summers Secy Treasurer. Summers is one of the three top architects to the mortgage crises. Him and Alan Greenspan were the kingpins of the entire 90's "debt as income" false economy.
You are barking up the wrong tree, You are much better off getting your blue uniform back on and start throwing rocks at the red team. YOu don't don't possess half the information you need for meaningful dialogue.

Surprise-- no Democrats are communists, super duper. In the middle of another gigantic corrupt GOP economic meltdown, you don't scare Wall Street Etc.

Of course Wall Street had better friends, like every Republican president who lets them get away with murder, start gigantic corrupt bubbles and we get to pay for the busts, super duper.

Democrats don't pay for shit. They receive.

You are a brainwashed functional moron troll, like all trolls.

 

[ScorpioRising007]

I wish people would do a town hall on these jobs numbers....most people I know, are working a full time and a part time. Most people I know are finding these jobs through temp services. Most people I know, aren't getting raises, aren't getting cost of living adjustments and have little to know savings. Most people I know are living from pay check to pay check and working longer hours. Most people I know are complaining about the high costs of gas, the new state taxes that are being imposed and the cost of things going up, not down and finally most of the people I know, never saw a dime of anything in the Trump tax cuts and never will.

Yeah agreed same what I see too. Just because unemployment is down big deal. Why is it down because people are taking shitty jobs they wouldn't of taken before just to get jobs. Most jobs created have been low wage crap jobs. We have a shrinking middle class with lower wages being paid and a growing number of low wage jobs.

People I know are going to extreme measures to make ends meet like going to two different blood banks and donating blood 4-5 times a week just to supplement money from their very low $10-12/hr job just so bills can get paid. I know another guy besides his full time $10/hr job he takes on test lab rat jobs where they inject him with God know what and sees what happens to him afterwards.

 

[Markle]

What do you care? I’ve never seen you complain about Bush nearly doubling the debt too.

Five Trillion Dollars as opposed to TEN Trillion Dollars

Yep, no difference there!

 

[Markle]

Absolutely. Fat boi has been riding the Obama economy wave. Check the stats.

But even a good economy Agent orange inherited from Obama hasn’t swayed the majority of Americans to overlook him taking it up the ass from Putin, his vile deplorable tweets and his extreme incompetence.

Gallup’s most recent poll:
54% disapprove
41% approve

Lie

From Gallup website
U.S. Economic Confidence Also Fairly Strong

According to the poll, 55% of Americans believe U.S. economic conditions are excellent or good, and the same percentage perceive the economy to be improving.

The average net-positive score from these two questions (+30) ties with last month's result as the highest level of economic optimism Gallup has recorded in its Gallup Poll Social Series (GPSS) surveys since January 2004, when it briefly hit +33. The last time economic confidence stayed at this level for two or more consecutive months was in the fall of 2000.

Americans Say Economy Is "Most Important Thing Going Well"

 

[Markle]

Really? In what year did Trump crack 3%?

As you know, the subject is failed President Barack Hussein Obama.

President Donald Trump has more than six remaining years.

 

[Faun]

No...not even close. That is what the low information people believe.
Not that talking to you is worth one damn thing.
You are one of the biggest red team/blue team rock throwers at USMB.

Low-information people like every respected media in the world, super duper. Keep listening to greedy idiot billionaires Murdock Moon Adelson etc etc... Your disgraceful propaganda machine is the only one reported the crap your tiny brain is full of LOL aaarrrggghhh.....

Obama is an elitist-corporatist.
Wall Street never had a better friend than President Obama. He even wanted to make Larry Summers Secy Treasurer. Summers is one of the three top architects to the mortgage crises. Him and Alan Greenspan were the kingpins of the entire 90's "debt as income" false economy.
You are barking up the wrong tree, You are much better off getting your blue uniform back on and start throwing rocks at the red team. YOu don't don't possess half the information you need for meaningful dialogue.

Surprise-- no Democrats are communists, super duper. In the middle of another gigantic corrupt GOP economic meltdown, you don't scare Wall Street Etc.

Of course Wall Street had better friends, like every Republican president who lets them get away with murder, start gigantic corrupt bubbles and we get to pay for the busts, super duper.

Democrats don't pay for shit. They receive.

Oh? I’m a Democrat. What am I receiving?