Why do Republican's despair positive Economic Trends? (employment, gas prices, accuse)
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Clearly you're unhappy with this trend, but happy with the over-all scale of the trend that has existed for the last 30 years.
Tell us, when did your unhappiness start?
Keep in mind: I'll present a chart or some other sourced data.
I started digging into the numbers in 2007, way before Obama got elected if that's what you re implying.
It's more to do with globalism and a decline overall in America than which party sits in the Oval Office.
Clearly you're unhappy with this trend, but happy with the over-all scale of the trend that has existed for the last 30 years.
Tell us, when did your unhappiness start?
Keep in mind: I'll present a chart or some other sourced data.
I'll show some too.....
What Obama PROMISED (5.2% Unemployment if we passed his Stimulus):
What Bush did that Obama says is the WRONG way to do things:
Quote:
By 2003, Mr. Bush grasped this lesson. In that year, he cut the dividend and capital gains rates to 15 percent each, and the economy responded. In two years, stocks rose 20 percent. In three years, $15 trillion of new wealth was created. The U.S. economy added 8 million new jobs from mid-2003 to early 2007, and the median household increased its wealth by $20,000 in real terms.
But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a “surprise windfall.”
What Obama PROMISED (5.2% Unemployment if we passed his Stimulus):
What Bush did that Obama says is the WRONG way to do things:
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I apologize. Your data made no sense.
Please tell us what you're trying to say in your own words.
Clearly the Administration underestimated the damage the financial crisis would take on the economy. That's been formally established and it's well understood many with the savior complex got their feelings hurt relying on projections as hard data.
The US debt to China has fallen YOY (year over year).
Did you cheer this news?
It has happened as the US Economy has strengthened.
China stopped buying Treasuries because they started investing in oil deals in the ME and in Africa for commodities.
The Fed picked up their pace to compensate.
I know that we've been measuring unemployment with the same methodology for ages, and recently, I only hear right wing complaints when the news is good...
7.9% is better than what we've seen over the past couple of years. I'm no mathematician, but I understand that.
Americans Employed, January 2009:........................ 142,187,000
Americans Employed, today:.................................. 142,101,000
UE rate today............... 7.8
UE rate january 2009..... 7.8
USA POPULATION january 2009......305,529,237
usa population TODAY .................314,519,754
hmmm population has increased by............ 9 million
number of EMPLOYEED has DECREASED by.. 87k
yet the UE rate is the same
I started digging into the numbers in 2007, way before Obama got elected if that's what you re implying.
It's more to do with globalism and a decline overall in America than which party sits in the Oval Office.
There's no implication. I'm asking you a point blank question regarding an issue that's documented and has been ongoing for over 30 years.
Your assessment of blame is a start; however, it's misguided.
There's no such thing as a decline in America. If this is the reason you feel negative when hearing positive economic trends perhaps this myth is real for you.
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