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No American President has ever been globally despised mocked and humiliated the way Donald Trump has.
Remember Obama had QE1,2,3... TARP which was paid back and still 95% of jobs created by Obama were part time!
G5000 wrote...Gee, if only Trump matched Obama's growth in the DOW by this same point in his presidency.
OK... WITHOUT QE1,2,3 contributing
So how much did the Fed's QE1,2,3 pump up the stock market?
After spending $2 trillion on government bonds in an effort to stimulate the economy, the U.S. Federal Reserve can hardly admit that it doesn’t know how, or even if, it worked.
$2 Trillion Later, Does the Fed Even Know if Quantitative Easing Worked?
That guy’s an idiot. He moronically claims no president has ever faced the financial tribulations trump faced — while he ignores the tens of trillions of dollars lost in Bush’s Great Recession which more than doubles all of the calamities on Bush’s watch combined.G5000 wrote...Gee, if only Trump matched Obama's growth in the DOW by this same point in his presidency.
OK... WITHOUT QE1,2,3 contributing
So how much did the Fed's QE1,2,3 pump up the stock market?
After spending $2 trillion on government bonds in an effort to stimulate the economy, the U.S. Federal Reserve can hardly admit that it doesn’t know how, or even if, it worked.
$2 Trillion Later, Does the Fed Even Know if Quantitative Easing Worked?
How did the 1.27 trillion in deficit spending that Trump did in the previous FY pump up the economy?
Why do you ignore the Trump debt yet always harp on the Obama debt?
That guy’s an idiot. He moronically claims no president has ever faced the financial tribulations trump faced — while he ignores the tens of trillions of dollars lost in Bush’s Great Recession which more than doubles all of the calamities on Bush’s watch combined.G5000 wrote...Gee, if only Trump matched Obama's growth in the DOW by this same point in his presidency.
OK... WITHOUT QE1,2,3 contributing
So how much did the Fed's QE1,2,3 pump up the stock market?
After spending $2 trillion on government bonds in an effort to stimulate the economy, the U.S. Federal Reserve can hardly admit that it doesn’t know how, or even if, it worked.
$2 Trillion Later, Does the Fed Even Know if Quantitative Easing Worked?
How did the 1.27 trillion in deficit spending that Trump did in the previous FY pump up the economy?
Why do you ignore the Trump debt yet always harp on the Obama debt?
It was NOT JUST financials your dumb ass!That guy’s an idiot. He moronically claims no president has ever faced the financial tribulations trump faced — while he ignores the tens of trillions of dollars lost in Bush’s Great Recession which more than doubles all of the calamities on Bush’s watch combined.G5000 wrote...Gee, if only Trump matched Obama's growth in the DOW by this same point in his presidency.
OK... WITHOUT QE1,2,3 contributing
So how much did the Fed's QE1,2,3 pump up the stock market?
After spending $2 trillion on government bonds in an effort to stimulate the economy, the U.S. Federal Reserve can hardly admit that it doesn’t know how, or even if, it worked.
$2 Trillion Later, Does the Fed Even Know if Quantitative Easing Worked?
How did the 1.27 trillion in deficit spending that Trump did in the previous FY pump up the economy?
Why do you ignore the Trump debt yet always harp on the Obama debt?
I wish I could get paid for this, I post it so much....Right job growth!Gee, if only Trump matched the job growth of Obama's last five years.
Gee, if only Trump matched Obama's growth in the DOW by this same point in his presidency.
Gee, if only Trump had not DOUBLED THE FEDERAL DEFICIT in less than two years in order to artificially juice the GDP, which still has not matched Obama's growth.
Then, maybe then, the dipshit elected on third base who thinks he hit a triple might be impressive.
FACTS here G5000 which you ignore!
And then the OTHER monstrosity of Obamacare that totally discouraged economic growth!
Businesses eliminated hundreds of thousands of full-time jobs to avoid Obamacare mandate
Businesses eliminated hundreds of thousands of full-time jobs to avoid Obamacare mandate
The Affordable Care Act requires businesses with more than 50 full-time employees to provide health insurance
Up to 250,000 positions may have been eliminated by small businesses seeking to avoid Obamacare’s employer mandate, according to estimates in a new working paper distributed by the National Bureau of Economic Research.
Altogether between 28,000 and 50,000 businesses appear to have reduced their number of full-time employees from 2014 to 2016 because of the mandate.
The share of businesses with fewer than 50 employees grew between 2012 and 2016 to 45% from 37%.
Meanwhile, a June 2016 study determined that 500,000 workers in the retail, hospitality and food service sectors were forced involuntarily into part-time employment as companies sought to circumvent the employer mandate. A separate Goldman Sachs study found that a few hundred thousand people found themselves in this position.
Now for the actual proof!
Obamacare required an employer with 50 or more employees to have group insurance plan, Obama never understood that the employer would be faced
when the employer wanted to hire another employee to the 49 employees it would cost an employer an average of $284/month per employee.
50 employees times $284 equals $14,200 more per month.
Solution: Hire two part-time employees. No need to spend $14,200/month
A new study by economists from Harvard and Princeton indicates that 94% of the 10 million new jobs created during the Obama era were temporary positions.
The study shows that the jobs were temporary, contract positions, or part-time "gig" jobs in a variety of fields.
shows that the proportion of workers throughout the U.S., during the Obama era, who were working in these kinds of temporary jobs, increased from 10.7% of the population to 15.8%.
Nearly 95% of all new jobs during Obama era were part-time, or contract
And you idiots that say Obama contributed to the "economic recovery" are the SAME dummies that the guy who designed ACA said it took well here's his exact words:
"And basically, call it the stupidity of the American voter or whatever, but basically that was really, really critical for the thing to pass."
ObamaCare architect: 'Stupidity' of voters helped bill pass
What kind of "job growth" are part time jobs?
By the way please dispute the above experts ok?
Jobs are growing at the same rate as they have been for the last 9 years. Trump’s big accomplishment is not fucking it up; and taking a record of 76 consecutive months of job growth and extending that to 97 months (so far).
Remember Obama had QE1,2,3... TARP which was paid back and still 95% of jobs created by Obama were part time!
You claim to post facts and then post some stupid bullshit like this that is so obviously false that a 1st grader would laugh in your face for posting it.
you are nothing but a partisan hack that would not know a fact if it bit you on the ass while you were kissing Trump's ass.
Probably because the majority of the INCREASED expenditures was to build up the military!G5000 wrote...Gee, if only Trump matched Obama's growth in the DOW by this same point in his presidency.
OK... WITHOUT QE1,2,3 contributing
So how much did the Fed's QE1,2,3 pump up the stock market?
After spending $2 trillion on government bonds in an effort to stimulate the economy, the U.S. Federal Reserve can hardly admit that it doesn’t know how, or even if, it worked.
$2 Trillion Later, Does the Fed Even Know if Quantitative Easing Worked?
How did the 1.27 trillion in deficit spending that Trump did in the previous FY pump up the economy?
Why do you ignore the Trump debt yet always harp on the Obama debt?
GM has had declining revenues for the last 5 years. They are closing plants because of poor management and bad products (Chevy Volt? Yeeesh).How's that job growth gonna look when GM closes down their plants next year?
Wonder how all those auto workers who are losing their jobs (notified just before Christmas), do they still feel like they are "winning" under Trump?
Probably because the majority of the INCREASED expenditures was to build up the military!G5000 wrote...Gee, if only Trump matched Obama's growth in the DOW by this same point in his presidency.
OK... WITHOUT QE1,2,3 contributing
So how much did the Fed's QE1,2,3 pump up the stock market?
After spending $2 trillion on government bonds in an effort to stimulate the economy, the U.S. Federal Reserve can hardly admit that it doesn’t know how, or even if, it worked.
$2 Trillion Later, Does the Fed Even Know if Quantitative Easing Worked?
How did the 1.27 trillion in deficit spending that Trump did in the previous FY pump up the economy?
Why do you ignore the Trump debt yet always harp on the Obama debt?
Trump gives $717 billion defense bill a green light. Here's what the Pentagon is poised to get
Trump gives $717 billion defense bill a green light. Here's what the Pentagon is poised to get
- President Donald Trump signed the 2019 National Defense Authorization Act which authorizes a top-line budget of $717 billion.
- "The National Defense Authorization Act is the most significant investment in our military and our war fighters in modern history," Trump said Monday. "We are going to strengthen our military like never ever before and that's what we did."
- Here's a roundup of some big-ticket items the Pentagon is approved to buy.
Now where are YOUR facts?
Trump is the least intelligent President of my lifetime.
You support him. You're a moron.
i support all of our presidents. they were elected via our process and we need to find ways to be productive as a whole regardless of whether or not we like the man in office or his policies.Trump is the least intelligent President of my lifetime.
You support him. You're a moron.
Probably because the majority of the INCREASED expenditures was to build up the military!G5000 wrote...Gee, if only Trump matched Obama's growth in the DOW by this same point in his presidency.
OK... WITHOUT QE1,2,3 contributing
So how much did the Fed's QE1,2,3 pump up the stock market?
After spending $2 trillion on government bonds in an effort to stimulate the economy, the U.S. Federal Reserve can hardly admit that it doesn’t know how, or even if, it worked.
$2 Trillion Later, Does the Fed Even Know if Quantitative Easing Worked?
How did the 1.27 trillion in deficit spending that Trump did in the previous FY pump up the economy?
Why do you ignore the Trump debt yet always harp on the Obama debt?
Trump gives $717 billion defense bill a green light. Here's what the Pentagon is poised to get
Trump gives $717 billion defense bill a green light. Here's what the Pentagon is poised to get
- President Donald Trump signed the 2019 National Defense Authorization Act which authorizes a top-line budget of $717 billion.
- "The National Defense Authorization Act is the most significant investment in our military and our war fighters in modern history," Trump said Monday. "We are going to strengthen our military like never ever before and that's what we did."
- Here's a roundup of some big-ticket items the Pentagon is approved to buy.
Now where are YOUR facts?
Here are my facts...
On 1 Oct 2017 the total national debt was $20,244,900,016,053
On Sept 30th the total national debt was $21,516,058,183,180
Debt to the Penny (Daily History Search Application)
That is a difference of 1.27 trillion dollars.
Here is another fact...not one dime of the $717 billion dollar defense bill you quoted is a part of that because that is the budget for 2019...so it is not part of the debt added during FY-18.
I cannot help that you are too stupid to know that money for FY-19 was not spent in FY-18. Do you even know what an FY is?
Trump is the least intelligent President of my lifetime.
You support him. You're a moron.
Right... coming from a guy who probably couldn't afford Trump's shoelaces!
I've not heard of too many "billionaires" that became that way being the "least intelligent".
Now in your lifetime which is probably less than 20 years you've know only Obama most likely.
Where does he compare to Trump?
Also is Obama a billionaire?
i support all of our presidents. they were elected via our process and we need to find ways to be productive as a whole regardless of whether or not we like the man in office or his policies.Trump is the least intelligent President of my lifetime.
You support him. You're a moron.
Probably because the majority of the INCREASED expenditures was to build up the military!G5000 wrote...Gee, if only Trump matched Obama's growth in the DOW by this same point in his presidency.
OK... WITHOUT QE1,2,3 contributing
So how much did the Fed's QE1,2,3 pump up the stock market?
After spending $2 trillion on government bonds in an effort to stimulate the economy, the U.S. Federal Reserve can hardly admit that it doesn’t know how, or even if, it worked.
$2 Trillion Later, Does the Fed Even Know if Quantitative Easing Worked?
How did the 1.27 trillion in deficit spending that Trump did in the previous FY pump up the economy?
Why do you ignore the Trump debt yet always harp on the Obama debt?
Trump gives $717 billion defense bill a green light. Here's what the Pentagon is poised to get
Trump gives $717 billion defense bill a green light. Here's what the Pentagon is poised to get
- President Donald Trump signed the 2019 National Defense Authorization Act which authorizes a top-line budget of $717 billion.
- "The National Defense Authorization Act is the most significant investment in our military and our war fighters in modern history," Trump said Monday. "We are going to strengthen our military like never ever before and that's what we did."
- Here's a roundup of some big-ticket items the Pentagon is approved to buy.
Now where are YOUR facts?
Here are my facts...
On 1 Oct 2017 the total national debt was $20,244,900,016,053
On Sept 30th the total national debt was $21,516,058,183,180
Debt to the Penny (Daily History Search Application)
That is a difference of 1.27 trillion dollars.
Here is another fact...not one dime of the $717 billion dollar defense bill you quoted is a part of that because that is the budget for 2019...so it is not part of the debt added during FY-18.
I cannot help that you are too stupid to know that money for FY-19 was not spent in FY-18. Do you even know what an FY is?
You are ignoring the FACT that the vast majority of the debt contribution comes from military spending increases AFTER the idiot you worshipped Obama CUT military spending
leaving our troops in really dire shape!
Trump’s military budget proposal is far above cap set by Obama and Congress
Trump requests $639bn for defense, up from $587bn in Barack Obama’s final defense budget request and surpassing ‘sequestration’ caps set in 2011
Trump’s military budget proposal is far above cap set by Obama and Congress
You are a moron, there is just no other way to describe it. You post an article with a lie for a headline and then double down on it.
The study by Katz and Krueger did not show that 94% of jobs created were part time, it claims that 94% created were what they call alternative work. The first thing you should know is that alternative work is not part time work, it is not even temporary work.
I will start with a personal anecdote...my BIL worked for ATT 20 years ago, survived two strikes and lots of labor issues. Then finally during one of their "reorganizations" his entire department was done away with. What he did was design communication systems, companies would call ATT and tell them what they needed and he would determine what equipment was needed. After ATT let them all go, he started working for what was his supervisor at ATT, doing the exact same thing except as a contractor and not an ATT employee. He has been doing that ever since. He is one of the "alternative workers", and he would never go back no matter how much someone paid him. Since the day he left ATT and started to work as a contractor he has worked from home, there is no office to go to, he does it all from home and has been for close to 15 years.
Your article states this...generally unsteady, without a fixed paycheck and with virtually no benefits. This is bullshit except for the last part and it does not come from the study they are quoting, they just made it up.
Did you even bother to read the study your article was using to back up it's lies? Of course you did not because you are not smart enough to understand the study, which is why you have to rely on a site like zerohedge to tell you what is in the study, the problem is that zerohedlge lies and makes shit up all the time. But you do not care about that, because they are lies that support that lies that are in your head already.
Some tidbits from the study...
6.4 percent of those aged 16 to 24 were employed in an alternative work arrangement in 2015, while 14.3 percent of those aged 25-54 and 23.9 percent of those aged 55-74 were employed in an alternative work arrangement.
The older one is, the more likely they are to be doing the alternative work arrangement. My FIL was one of these folks, a retired ENT who got bored with retired life and worked because he wanted to and did it on his terms, not some companies.
From 2005 to 2015, the percentage of women who were employed in an alternative work arrangement almost doubled, rising from 8.9 percent to 17.0 percent.
Women that would have not been able to work "traditional" jobs due to perhaps having a baby have found a way around that.
Occupational groups experiencing particularly large increases in nonstandard work from 2005 to 2015 include computer and mathematical, community and social service, education, healthcare, legal, protective service, personal care, and transportation jobs.
These are not low end, low paying jobs, these are well paying jobs that people are choosing to do in a different manner. Contract work is huge in my field, one can make sometimes twice as much as a traditional work arrangement. A full 1/3 of the nurses at my wife's hospital (and growing) are technically "alternative work arrangement" as they do not have a set schedule, they are PRN and work when they want to and are needed, and the needed part is all the time as there is a shortage of nurses in hospitals. They make as much as 50% more than the standard arrangement workers. Now that my wife has the experience needed she will be joining those ranks sooner rather than later as she does not need the benefits from the hospital.
So, who is it that is doing these alternative work arrangements..
Thus, in 2015, workers with attributes and jobs that are associated with higher wages are more likely to have their services contracted out than are those with attributes and jobs that are associated with lower wages. Indeed, the lowest predicted quintile-wage group did not experience a rise in contract work.
Why do you suppose that is?
And then there is this...
2005 and 2015 results are similar: freelancers and contract workers are paid more per hour than traditional employees
Bet you did not see that coming, did you?
The 1995 and 2005 CWS found that more than 80 percent of independent contractors and freelancers preferred their work arrangement to working for someone else, and a similar proportion responded likewise in the 2015 RPCWS.
So, why the rise in alternative work...
The first explanation is that alternative work is more common among older workers and more highly educated workers, and the workforce has become older and more educated over time. A shift-share analysis, however, indicates that shifts in the age and education distribution of the workforce account for only about 10 percent of the increase in the percentage of workers employed in alternative work arrangements from 2005 to 2015. 24 Other supply-side factors, such as a possible increase in demand for flexible work hours (perhaps supported by the increased availability of health insurance as a result of the Affordable Care Act) and increased concerns about work-life balance may also have contributed (Mas and Pallais 2016).
Second, technological changes that lead to enhanced monitoring, standardize job tasks, and make information on worker reputation more widely available may be leading to greater disintermediation of job tasks
Third, fairness norms and morale considerations often motivate firms to share rents with their employees and create wage compression pressures within firm boundaries. And fairness considerations seem to apply much more to traditional incumbent employees than to new hires or contractors (Kahneman, Knetsch, and Thaler 1986). Market and other forces leading to rising educational wage differentials and rising wage inequality increase the costs to firms of wage compression and of sharing rents with low-wage workers.
One thing we will find when this study is repeated, this rise in alternative work arrangement will continue, it is the way of the future. No more do people spend 50 years with one company and then retire. The younger generations are more mobile and get bored more easily. This is the way of the future and it has nothing to do with Obama or any other president.
