Quote: Ahigh
We are truly making arduous efforts towards transforming the industry towards unlimited bet denom AP.
As I have said before, this country is built on new ideas and hard work. Neither of which you seem to be lacking in. That said, wouldn't it be nice to get a machine or 2 placed before "Transforming" an industry that seems to be doing OK in most places. Going for the Home Run is nice, but I think you will get your foot in the door faster as a nice Singles Hitter looking to add something to a already winning team.
Yes, it has been spectacular. Inflation under 2%, unemployment down from 10% to 5%, stock market doubled, gays allowed in military, marriage equality, nationalized health care, relations with Cuba and Iran almost normalized, Climate deal just concluded, Gas under $2, housing market rebounded, etc... sadly nothing done to reign in the NRA nor has Guantanamo been closed. Those are two failures, but not for lack of trying.Quote: wellwellwell"Hope and Change" and we all see how that has worked out the last 7 years.
Quote: teliotYes, it has been spectacular. Inflation under 2%, unemployment down from 10% to 5%, stock market doubled, gays allowed in military, marriage equality, nationalized health care, relations with Cuba and Iran almost normalized, Climate deal just concluded, Gas under $2, housing market rebounded, etc... sadly nothing done to reign in the NRA nor has Guantanamo been closed. Those are two failures, but not for lack of trying.
All of those can be countered but I'll save that for another post, this is about the stock.
Quote: teliotYes, it has been spectacular. Inflation under 2%, unemployment down from 10% to 5%, stock market doubled, gays allowed in military, marriage equality, nationalized health care, relations with Cuba and Iran almost normalized, Climate deal just concluded, Gas under $2, housing market rebounded, etc... sadly nothing done to reign in the NRA nor has Guantanamo been closed. Those are two failures, but not for lack of trying.
Your boy Obama also uses a selfie stick. You forgot to mention that.
You must be proud.
Quote: teliotYes, it has been spectacular. Inflation under 2%, unemployment down from 10% to 5%, stock market doubled, gays allowed in military, marriage equality, nationalized health care, relations with Cuba and Iran almost normalized, Climate deal just concluded, Gas under $2, housing market rebounded, etc... sadly nothing done to reign in the NRA nor has Guantanamo been closed. Those are two failures, but not for lack of trying.
Well said. In about 20 years, maybe there'll be enough perspective to see both the good and the bad without the hate filter skewing everything. That's worth a hope, anyway.
Quote: teliotYes, it has been spectacular. Inflation under 2%, unemployment down from 10% to 5%, stock market doubled, gays allowed in military, marriage equality, nationalized health care, relations with Cuba and Iran almost normalized, Climate deal just concluded, Gas under $2, housing market rebounded, etc... sadly nothing done to reign in the NRA nor has Guantanamo been closed. Those are two failures, but not for lack of trying.
Real unemployment at 20-25%, stock market hugely over
valued, Obamacare failing everywhere, Climate deal
a joke, unenforcable, Iran deal also a joke, the average
person taking home less money than the last year Bush
was in office. Every poll shows the dissatisfaction of
where we are is at all time lows. Obama's 'leadership'
is the joke of the world.
Quote: beachbumbabsWell said. In about 20 years, maybe there'll be enough perspective to see both the good and the bad without the hate filter skewing everything. That's worth a hope, anyway.
Disappointed you see it as hate. I agree some will hate him no matter what, but most with conservative beliefs see him as just another liberal living in a fantasy world with his beliefs and policies.
I find it hard to believe anyone doesn't see him as a person who didn't like how America operated for over 200 years and that most of his policies have shown that.
Quote: BozDisappointed you see it as hate. I agree some will hate him no matter what, but most with conservative beliefs see him as just another liberal living in a fantasy world with his beliefs and policies.
I find it hard to believe anyone doesn't see him as a person who didn't like how America operated for over 200 years and that most of his policies have shown that.
Not saying there isn't legitimate criticism. And not dismissing criticism as blind hatred. But nothing gets done in a world of name-calling and mudslinging. If President Obama was weak, and the Republicans were effective, they'd simply work around him and still get things done. If what they were trying to do was sensible or could be sold, and a vote needed Democrats, there have been plenty of Dems who have differed and even repudiated the President's stance on something. Instead, the Republicans have accomplished NOTHING. All political posturing and blame. No responsible governance. That's not on President Obama by a long shot, but the mountain of blame aimed his way has become a quick and easy substitute for real and worthwhile movement on issues of substance.
Teliot should get the credit.
The only thing most can agree on is he has divided the country more than any President in my lifetime, though I was young at the end of the Nixon years. Why he has divided us is the argument. I still see it as policies that I don't feel help the majority of Americans and many I feel are based on what he sees as injustice over the years.
I was brought up to believe everyone except the mentally and physically handicapped can make it in America with honesty and hard work. I still believe that and see it everyday. Others like Obama and much of the left don't and feel they need to level the field. I see this as hurting a majority to help a few.
Quote: BozThe only thing most can agree on is he has divided the country more than any President in my lifetime, though I was young at the end of the Nixon years..
You are Young
In my lifetime the late 60's early 70's were the most divided.
Protests against the war everyday in Washington DC
Protestors being shot by the National Guard (Kent State)
It was so bad in this country, my parents considered sending me to live in a another country so I wouldn't die in Viet Nam.
The USA terrorized Viet Nam due to an incredibly weak reason, domino theory. Really sad we bombed the hell out of that country just on a weak theory.
Our country back then much more divided then now
Quote: teliotYes, it has been spectacular. Inflation under 2%, unemployment down from 10% to 5%, stock market doubled, gays allowed in military, marriage equality, nationalized health care, relations with Cuba and Iran almost normalized, Climate deal just concluded, Gas under $2, housing market rebounded, etc... sadly nothing done to reign in the NRA nor has Guantanamo been closed. Those are two failures, but not for lack of trying.
The Real Median income for Americans in 2014 was 6.5% lower than in 2007 and 7.2$ lower than in 1999.
Real Median Income
In Real Terms, Americans are earning less today than they did in 1999.
52% of all working Americans earn less than $30,000 annually.
Link
The percentage of Americans living in poverty has risen from 13.8% in 2008 to 14.8% today.
That's 46.7 people million living below the poverty threshold.
It was 42.8 million in 2009.
Census
The current U-1 unemployment rate of 5% (if it can be believed), only counts people out of work for 15 weeks or longer.
The more accurate U-5 and U-6 unemployment rates have not improved much at all since 2009.
Bureau of Labor
Gross National Debt has risen from $10 trillion in 2008 to no less than $18.15 trillion today.
The Government Debt to GDP ratio is 100.5%.
The Federal Government must now borrow money to pay the $402 billion in interest on the debt.
If we ever go to war with China, we would first have to borrow money from them in order to do it.
The stock market has doubled thanks to the low interest rates that were designed to protect the banks and Wall Street, by propping up the equities markets.
Corporations are borrowing money at low interest rates and buying back their own stocks.
At the same time it was bailing out the Banks and Wall Street with our money, the Government screwed the Public and increased our income tax rates during the worst economic disaster since 1929.
None of this has helped the Public as the Real Income and Poverty rates prove.
As for that Climate Deal, it requires 'Developed' nations (that's us), to transfer $100 billion annually, using a 'significant amount of Public Funds' (our taxes) to undeveloped nations.
Climate Deal
As expected, China is exempt from these obligations.
We will be paying most of that annual $100 billion. In fact, we'll be paying most of it to China, since they managed to get themselves designated as a 'Developing Nation'.
That means we will have to borrow money from the Chinese in order to pay them the Climate Deal money.
Then we'll have to borrow more money from them in order to pay the interest on the money we just borrowed from them.
Spectacular.
Unfortunately, when the liberal members read it, you'll be labeled a "hater" and a "racist"
Quote: HowManyTanko- nice post. Well done, sir.
Unfortunately, when the liberal members read it, you'll be labeled a "hater" and a "racist"
Just meaningless stats
The real story
Wall Street and the US economy were tanking at the end of Bushes term
Now the economy is a lot stronger under Obama.
That is the bottom line.
Quote: terapinedJust meaningless stats
The real story
Wall Street and the US economy were tanking at the end of Bushes term
Now the economy is a lot stronger under Obama.
That is the bottom line.
Dear Terapined, where do I start?
Too long, too complicated, I suspect you wouldn't consider any alternatives anyway..
You can teach a hungry man to fish,
Or you can laugh at him and take that fish home for yourself.
My fish dinner was good tonight.
And you're right 2f. He wouldn't consider an alternative even if you make an amazing post like Tanko just did. He only votes Republican to try to sabotage the republicans. It's cheating, but not technically, I'm sure PGD would agree, which makes me question why I wrote this even.
Quote: terapinedJust meaningless stats
The real story
Wall Street and the US economy were tanking at the end of Bushes term
Now the economy is a lot stronger under Obama.
That is the bottom line.
Now THERE'S a textbook example of dismissing facts just because you don't like them.
Far from meaningless, what tanko posted are some of the *most relevant* stats.
The economy is a lot stronger under Obama? That's debatable. It certainly depends on how you measure it, but by what's probably the most meaningful figures (real unemployment and median income), the picture doesn't appear to be so rosy.
What's really hilarious is all the people accusing Obama of being a socialist/communist, when his policies are pretty much the exact opposite.
Yup. No "meaningless stats" for us like joblessness, median incomes and the multitudes living in poverty. Nope. Just glittering generalized platitudes. That's really, ahem, meaningful.Quote: terapinedJust meaningless stats. The real story. Wall Street and the US economy were tanking at the end of Bushes term. Now the economy is a lot stronger under Obama. That is the bottom line.
Quote: teliotYes, it has been spectacular. Inflation under 2%, unemployment down from 10% to 5%, stock market doubled, gays allowed in military, marriage equality, nationalized health care, relations with Cuba and Iran almost normalized, Climate deal just concluded, Gas under $2, housing market rebounded, etc... sadly nothing done to reign in the NRA nor has Guantanamo been closed. Those are two failures, but not for lack of trying.
Actually, this was the excellent post. For the most part Obama met or exceeded expectations for success that I had which were reasonable.
Of course, I'm using many rightwingers actual predictions for Obama for first and second terms to compare. I have no idea where the economy should be after the worse downturn since '29, but they seem to believe they would have done better by this time.
No telling, but sure wouldn't take their predictions as being worth much. There's way too many variables to know anyway.
Overall Obama will go down as a failure for this one reason only. Under his watch, the gap between rich and poor has risen exponentially. The middle class is being wiped out. I sell cars. The middle class isn't buying anything. We sell more cars at $50k than $20k. The few "normal everyday" cars are being bought by people with bad credit because that's what the banks are pushing again. Hardly anybody under 30 can buy a car without help from their parents. It will colapse again just like in 2008. I'm 31. I bought a very small townhouse 4 years ago. I would not be able to purchase the same house now. New townhouses are selling for $400k where I live. I'm sure it's all highly leveraged purchases. There was no substance to this supposed recovery. The stock market is at all time highs but what percentage of Americans actually have any appreciable wealth in the stock market? I would venture to say less than 10%.
Quote: SandybestdogI didnt vote for Obama but think he deserves credit for at least trying on some things. Health care, Iran, Cuba, and other things - all issues that Republicans refuse to address. He might not have had the right ideas but at least he tried. Republican's just refuse to admit a problem and then talk about who they want to bomb next. Trump is the only one talking about trade issues with countries. The others don't even know what that means. All they know is taxes and we're gonna cut government waste. Over 67% of the federal budget is social security, medicare, defense, and interest on the debt. None of them are proposing cutting any of that. Where are they going to find this waste?
Overall Obama will go down as a failure for this one reason only. Under his watch, the gap between rich and poor has risen exponentially. The middle class is being wiped out. I sell cars. The middle class isn't buying anything. We sell more cars at $50k than $20k. The few "normal everyday" cars are being bought by people with bad credit because that's what the banks are pushing again. Hardly anybody under 30 can buy a car without help from their parents. It will colapse again just like in 2008. I'm 31. I bought a very small townhouse 4 years ago. I would not be able to purchase the same house now. New townhouses are selling for $400k where I live. I'm sure it's all highly leveraged purchases. There was no substance to this supposed recovery. The stock market is at all time highs but what percentage of Americans actually have any appreciable wealth in the stock market? I would venture to say less than 10%.
I'm only replying to your excellent verbiage in the bottom paragraph. The points you so eloquently brought forth will never be addressed - Unfortunately most individuals within this site are pro-Obama and refuse to accept other VERY valid points. Back in my working days I used to be a Car Salesman, mainly new GM vehicles. It sure helps to have a gift of gab. My best month I sold 14 cars - my overall average was 8-10 cars a month.
![](http://assets.motherjones.com/politics/2011/inequality-p25_averagehouseholdincom.png)
http://www.motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph
People are generally partisan. Democrats won't admit any fault of Obama, just like Republicans won't admit any fault of Republicans. It's the same on both sides.
Quote: MichaelBluejayIt's true that income and wealth inequality has gotten worse under Obama, but to blame him is sophomoric. He's just continuing the trend that has already been going on for decades. Inequality exploded under Clinton and Bush. That was going on well before Obama.
http://www.motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph
People are generally partisan. Democrats won't admit any fault of Obama, just like Republicans won't admit any fault of Republicans. It's the same on both sides.
IMO
You're completely wrong/mistaken -- I contend his absolute incompetence before and during his entire Presidency has been ignored, because of his ethnicity. He vowed to 'transform' America and, in reality he's done just the opposite.
You replied, "You're completely wrong/mistaken."
So again, what part am I "completely wrong/mistaken" about? If you can't answer, then why did you say I was "completely wrong/mistaken"?
Quote: MichaelBluejayI made an assertion, and supported them with graphs.
You replied, "You're completely wrong/mistaken."
So again, what part am I "completely wrong/mistaken" about? If you can't answer, then why did you say I was "completely wrong/mistaken"?
We have different perspectives on his overall competence. He's divided the country on racial lines and that isn't good on SO many fronts. Hopefully our next President won't carry on with Obamas unfinished agenda (s).
Quote: HowManyI blame Obama for NOTHING. I blame the mindless idiots that voted for a man with no business or real-world experience at ANYTHING! Except dividing people.
RIGHT ON!!!
I seriously doubt those individuals will be voting in the next election --
Quote: HeySlickWe have different perspectives on his overall competence. He's divided the country on racial lines and that isn't good on SO many fronts. Hopefully our next President won't carry on with Obamas unfinished agenda (s).
Okay, exactly how has Obama divided the country on racial lines? Please cite specific examples of actual policy. You know, actual evidence based on reality, not unsubstantiated opinion pulled out of the air and declared as fact with nothing to support it.
Quote: MichaelBluejayOkay, exactly how has Obama divided the country on racial lines? Please cite specific examples of actual policy. You know, actual evidence based on reality, not unsubstantiated opinion pulled out of the air and declared as fact with nothing to support it.
He's done it Subliminally - and the weak minded individuals within our society fell for it hook line and sinker.
here's some info you should read about Obama and his self-righteousness - especially the Solyndra (sp?) mess.
http://www.commdiginews.com/politics-2/barack-obama-a-pop-president-that-has-a-great-beat-you-can-dance-to-13721/ He truly is the Solyndra President.
Quote: HeySlickHe's done it Subliminally...
Wow.
Quote: HeySlickHe's done it Subliminally - and the weak minded individuals within our society fell for it hook line and sinker.
here's some info you should read about Obama and his self-righteousness - especially the Solyndra (sp?) mess.
http://www.commdiginews.com/politics-2/barack-obama-a-pop-president-that-has-a-great-beat-you-can-dance-to-13721/ He truly is the Solyndra President.
I would argue the opposite. Obama's election brought out the worst (that already existed) in a lot of bigoted Americans, exposed it to the light of day. The country has long been divided on racial lines, dating back well prior to the Civil War. It's become not just politically incorrect, but socially unacceptable, to admit the bias, so people so inclined reach for any excuse to belittle him other than his color, including many things beyond any President's control, and refuse to acknowledge what he has accomplished.
It's largely ignored, but in some ways the worst part for those folks is that his mom was white, and he's mixed race. Also kind of funny that, at first (pre-Iowa), the black community repudiated him because of his mom, but now embrace him as a black, and the white community (those who care, anyway) see her as something unspeakable, rather than him as white.
What MB posted is simply the facts. If there is any one factor/change that correlates with the disparity growing, it's the union-busting activities starting with Reagan, which has included breaking union contracts, de-regulating many industries, and offshore locations for many industries in order to pay lower wages. All of these directly affect middle-class wages negatively, and collectively have caused wages to stagnate and good-paying jobs to evaporate, while the money that would have gone to growing those wage rates and funding pensions and benefits has instead gone to shareholders, executives, and investment bankers. Add to that the disappearance in infrastructure spending as government has contracted in size and budget (millions of jobs in highway/bridge/runway/etc. construction), and you get the lopsided effects of the last 40 years shown in those graphs.
Quote: beachbumbabsI would argue the opposite. Obama's election brought out the worst (that already existed) in a lot of bigoted Americans, exposed it to the light of day. The country has long been divided on racial lines, dating back well prior to the Civil War. It's become not just politically incorrect, but socially unacceptable, to admit the bias, so people so inclined reach for any excuse to belittle him other than his color, including many things beyond any President's control, and refuse to acknowledge what he has accomplished.
It's largely ignored, but in some ways the worst part for those folks is that his mom was white, and he's mixed race. Also kind of funny that, at first (pre-Iowa), the black community repudiated him because of his mom, but now embrace him as a black, and the white community (those who care, anyway) see her as something unspeakable, rather than him as white.
What MB posted is simply the facts. If there is any one factor/change that correlates with the disparity growing, it's the union-busting activities starting with Reagan, which has included breaking union contracts, de-regulating many industries, and offshore locations for many industries in order to pay lower wages. All of these directly affect middle-class wages negatively, and collectively have caused wages to stagnate and good-paying jobs to evaporate, while the money that would have gone to growing those wage rates and funding pensions and benefits has instead gone to shareholders, executives, and investment bankers. Add to that the disappearance in infrastructure spending as government has contracted in size and budget (millions of jobs in highway/bridge/runway/etc. construction), and you get the lopsided effects of the last 40 years shown in those graphs.
I highlighted the area I will comment on -- the list within the link I posted above collectively lists his numerous failures and you insist on playing the race card -
“A liberated Obama is more overt in his sense of victimization. Now he can be more explicit than his Clingers 1.0 indictment and quite openly allege that his family’s background and race best explain his plight ("I think if you are talking about the specific virulence of some of the opposition directed towards me, then, you know, that may be explained by the particulars of who I am”). But as before, the Obama victimization argument fails in a variety of ways, and, sadly, tells us more about the president himself than those who he alleges were captives of their prejudices.
“If “who I am” explains Obama’s nosedive in the polls, why, for example, did voters or “pockets” of “the Republican Party” for nearly a year, at least in opinion samplings, seem to like newcomer African-American Ben Carson more so than better connected white male candidates, both party functionaries such as Jeb Bush and John Kasich, and erstwhile Tea-Party favorites such as Rand Paul, Rick Perry, and Scott Walker? Was Ben Carson less authentically representative of the American black experience than Barack Obama?
“How did it happen that Barack Obama in 2008 won a larger share of the white vote than had white liberal presidential candidates of the past such as Jimmy Carter, Al Gore, John Kerry, Michael Dukakis, and Walter Mondale? And if the white votes of nearly 55% against Obama in 2008 and 59% in 2012 are, according to the president, windows into racial bias, what would he call the 93% of the black vote that went to an African-American Obama?
“Was that unprecedented margin likewise driven, in Obama’s worldview, by “who I am” rather than his prior record of political achievement? If Hillary Clinton continues to support the Obama agenda, will she too garner 93% of the African-American vote? But if not, will it be due to “who I am” considerations?
Is there any evidence to suggest that either the public or the press has been harder on Obama than, say, on former President George W. Bush?
“Public figures like Linda Ronstadt, Harold Pinter, Scott Ritter, Ted Rall, and George Soros all once tagged Bush with the Hitler slur. So did Sen. John Glenn, activist Julian Bond, and a vein-bulging Al Gore.” —pjmedia
Even the leftists recognize that the problems have grown, but they fault everyone and everything BUT the president:
“The racial climate during Obama’s watch has become even more divisive. Seven years into his presidency, we’ve witnessed one race-related tragedy after another. The murder of Trayvon Martin was followed by the Charleston massacre, and the deaths of black folks at the hands of white police officers in Illinois, Ohio, New York, South Carolina and Texas.
“Further, as the current GOP race makes plain, race and racism aren’t confined to the black-white paradigm.
“Race is also part of the discussion around immigration, as undocumented Latino immigrants are often derided by the GOP as criminals. Likewise, in the aftermath of the Paris and San Bernardino attacks, Muslims have come under Republican fire, as Donald Trump and Ted Cruz – and GOP rank and file – support banning their entry into the United States.
“Why the rancor?
“What accounts for the racial rancor during Obama’s watch?
First, Obama’s election served as a “wake-up” call for the 20 percent of the electorate who appears driven by fear, anxiety and anger. To them, Obama’s election is associated with what they believe is America’s decline. The anger and anxiety over this imagined diminution of America suggests why some feel the need to “take their country back.
“Further, the election of Obama, for many on the hard right, validates their belief that racism is a red herring. In other words, the election of Obama is “proof” that racism is a thing of the past. This leads the hard right to believe that policies like affirmative action aimed at the mitigation of racism are no longer needed.” raw story
Yeah, remember this one?Quote: HeySlick...you insist on playing the race card -
Who's playing the race card now?Quote: HeySlickI contend his absolute incompetence before and during his entire Presidency has been ignored, because of his ethnicity.
And your "article" is much like your posts here -- wild assertions with Absolutely. Nothing. To. Back. Them. Up. I mean, come on, when I asked you to back up your claim that Obama divided America on racial lines, you said "He did so subliminally." If that's what passes for reasoned analysis...oh never mind.
99 % of the people who have a bad opinion about a president have no legitimate reason why. They don't have a clue what's really going on. They just don't like them for one reason or another. They hear things and automatically believe them. You can present all the facts you want, they won't change their minds.Quote: MichaelBluejay
You can compare them to system bettors, there's probably a correlation.
erereQuote: AxelWolf99 % of the people who have a bad opinion about a president have no legitimate reason why. They don't have a clue what's really going on. They just don't like them for one reason or another. They hear things and automatically believe them. You can present all the facts you want, they won't change their minds.
You can compare them to system bettors, there's probably a correlation.
Here's some reality for your viewing:
Solyndra, the solar panel manufacturer that took more than $500 million from President Obama’s stimulus then went bust, sticking taxpayers for the loss, lied to federal officials to secure the loan, the Energy Department’s inspector general said in a report released Wednesday.
But the Obama administration goofed too and may have cut corners in fully vetting the project because of “political pressure” from top Democrats and Solyndra itself, the investigators said in their report, which took four years to complete.
The list of blunders continues as needed --- you're in denial if you believe the above, never happened.
Historians and presidential scholars consider both hits and misses, and they periodically rank presidents from best to worst. Obama ranks 17th out of the 44 presidents, not in the top third, but certainly nowhere close to "the worst modern president" and certainly not "the worst president in history". Bush ranks near the bottom, 34. And before you say that the surveys are tainted by liberal bias (predictable, aren't we?), note that Ronald Reagan ranks higher than Obama (#15), and Jimmy Carter fared poorly (#27). After all, historians and presidential scholars are both liberal and conservative themselves.
Opinion by experts on the topic at hand trumps opinion by blowhards with no actual evidence, any day.
In your rebuttal, be sure to tell us how your analysis is superior to that of people who actually know what they're talking about.
https://en.wikipedia.org/wiki/Historical_rankings_of_Presidents_of_the_United_States#Scholar_survey_results
Quote: EvenBobReal unemployment at 20-25%
Nope.
Care to provide a source?
More help for the search-engine-impaired (not including definition of terms like "FTE"):Quote: ams288Care to provide a source?
"During the six-and-a-half-plus years of President Obama's economic recovery, Americans have been playing Wile E. Coyote, with prosperity playing the Road Runner. Workers have been running hard, but they have not been catching up.
"Since the most recent jobs peak (November 2007), America's working age population has gone up by 19.2 million. However, during this time, the labor force has risen by only 4.4 million, and FTE jobs have increased by only 3.2 million. So, on the margin, we have created jobs for only 16.67% of potential new workers since the last employment peak. This has left America 8.3 million FTE jobs farther away from full employment than we were more than eight years ago.
"While labor force participation has now increased for four straight months, this streak has only brought us back to the level of December 2014 (which was also the level of February 1978).
"The "headline" (U-3) unemployment rate has fallen by almost half (from 9.5% to 4.9%) since the end of the last recession. However, almost all (92.2%) of the reported improvement has been the result of workers withdrawing from the labor force. Only 7.8% of the gain was produced by actual job creation."
Furthermore:
"Nobody was complaining about inequality during Bill Clinton's presidency, when RGDP growth averaged 3.87%. However, with growth averaging only 1.40% during the first 7 Obama years, progressives are desperate to change the subject from growth (which they have no idea how to produce) to inequality (which they would like you to believe that more government taxing and spending will fix).
"During the first 7 Clinton years, RGDP grew by 30.2% and the number of FTE jobs went up by 13.6%. The corresponding numbers for the comparable period under Obama are 10.2% and 2.2%, respectively.
"So, why has our economic performance been so much worse during Obama's presidency than it was under Clinton? Because we have been accumulating productive capital more slowly, and we have been getting less GDP out of each dollar of assets. The deterioration in both factors has been the result of changes in government policies." Both excerpts
Quote: MichaelBluejayI missed the part where you showed that unemployment is really 20-25%.
"Since the most recent jobs peak (November 2007), America's working age population has gone up by 19.2 million. However, during this time, the labor force has risen by only 4.4 million, and FTE jobs have increased by only 3.2 million. So, on the margin, we have created jobs for only 16.67% of potential new workers since the last employment peak. This has left America 8.3 million FTE jobs farther away from full employment than we were more than eight years ago."
Quote: MichaelBluejayI missed the part where you showed that unemployment is really 20-25%.
That's SanchoPanzo's modus operandi. Post a whole lot of B.S. and hope no one realizes the facts don't actually back up his beliefs.
Quote: SanchoPanza"Since the most recent jobs peak (November 2007), America's working age population has gone up by 19.2 million. However, during this time, the labor force has risen by only 4.4 million, and FTE jobs have increased by only 3.2 million. So, on the margin, we have created jobs for only 16.67% of potential new workers since the last employment peak. This has left America 8.3 million FTE jobs farther away from full employment than we were more than eight years ago."
Again, where's the part where you showed that unemployment is really 20-25%. You honestly think the excerpt you quoted in any way backs up that claim?
Quote: MichaelBluejayAgain, where's the part where you showed that unemployment is really 20-25%. You honestly think the excerpt you quoted in any way backs up that claim?
Here's another angle that Obama uses and so many REFUSE to understand/i.e., you in particular --- President Obama has techniques that aren't conventional -- if you deny this isn't possible, then it's on you. check-out the link below --- Obama is a master at deception and deceit - and his skin color has provided lots of protection from any serious scrutiny.
http://www.whale.to/c/an_examination_of_obama.html