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Old 01-24-2014, 06:40 AM
 
46,261 posts, read 27,074,383 times
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Quote:
Originally Posted by jambo101 View Post
No matter how good the economy may get rightwingers will never give Obama credit for anything, they simply hate him.
Nope, but continue with the leftist BS....
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Old 01-24-2014, 06:42 AM
 
Location: SF Bay Area
14,317 posts, read 22,375,727 times
Reputation: 18436
Default Republicans are worse than Bush years; Dems win

What have Republicans done since Bush to prove that are no longer the pathetic party that Bush represented? Regressed. They are a tea party-downgraded, more worthless version of that sorry version that gave us Dubya. Since they decimated the country under Bush, they have done nothing but obstruct, push policies to hurt all but the rich, sought to keep taxes low on the rich, tried to get elected a pompous goon (Romney) who was only interested in half the country, tried to end Medicare, caused a government shutdown, forced sequester, obstructed judicial nominees just because, and tried to get that you betcha dingbat Palin to be a heartbeat away from the presidency. They have been wrong about every foreign concern, wrong about the economy, wrong in all their polls, wrong about the domestic agenda across the board.

The have been wrong about immigration. Still on the wrong side of the argument about civil rights and racial discrimination, abortion, same sex marriage and gay rights, health care, the economy, jobs, legal immigration, taxes and revenue, and benefits for the unemployed. They are stuck in slavery times, still promoting inequality, still denying that racism exists to the detriment of black people even as they practice it. They are still only concerned about the deficit because a Democrat is in the White House. Only concerned about spending when a Democrat is in the White House. They are still led by some of the most pathetic and repulsive human beings this society has seen since Strom Thurmond walked the earth: Paul "Marty Feldman" Ryan, Eric "Snake" Cantor, Mitch "Maggot" McConnell, John "Crybaby" Boehner, Chris "Corrupt" Christie, Rand "Plagiarism" Paul, Jeb "Not Another" Bush. The party is looking pretty damn bad.

So, whatever happens, Pubs reek. This will NOT be their year, and neither will 2016.
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Old 01-24-2014, 06:43 AM
 
Location: Annandale, VA
5,094 posts, read 5,171,657 times
Reputation: 4232
Quote:
Originally Posted by jambo101 View Post
No matter how good the economy may get rightwingers will never give Obama credit for anything, they simply hate him.

The economy fights to recover in spite of Barack, not because of him and his mismanagement. The country would have been at full employment and booming if he never left his "community organizing" gig and left the real work to adults.
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Old 01-24-2014, 06:52 AM
 
26,469 posts, read 15,053,236 times
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Quote:
Originally Posted by Finn_Jarber View Post
GDP growth, housing, stock market, employment, consumer spending. Yes, in 2014.
GDP is growing at a rate that is less than money creation.

Stock market is pumped up by artificially low interest rates.

Corporate Revenue is essentially flat, profits are up from cutting production costs - much of it in the form of labor.

Employment Numbers ignore those that are unemployed, but whose unemployment benefits have expired. Labor Participation is down.


Quote:
Originally Posted by jambo101 View Post
No matter how good the economy may get rightwingers will never give Obama credit for anything, they simply hate him.
You are the one with the knee jerk reaction.

Since Obama declared a recovery:

-The Poverty Rate has increased to its highest rate since the 1960s.

-Labor Participation has fallen for 25 to 54 year olds to its worst rate in over 30 years.

-Food Stamp use is at an all time high.

-Median Household Income has fallen.

-QE under Obama has been higher than under any other president.

-Ratio of full time jobs is down.


You will always spin it for Obama.
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Old 01-24-2014, 06:56 AM
 
Location: Florida
76,975 posts, read 47,597,802 times
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Quote:
Originally Posted by michiganmoon View Post
GDP is growing at a rate that is less than money creation.

Stock market is pumped up by artificially low interest rates.

Corporate Revenue is essentially flat, profits are up from cutting production costs - much of it in the form of labor.

Employment Numbers ignore those that are unemployed, but whose unemployment benefits have expired. Labor Participation is down.
Corporations are actually doing quite well, but let me repeat that the question is how the economy will perform in 2014, and how that will reflect on political parties. It's a little early to provide arguments either way.
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Old 01-24-2014, 07:01 AM
 
26,469 posts, read 15,053,236 times
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Quote:
Originally Posted by Finn_Jarber View Post
Corporations are actually doing quite well, but let me repeat that the question is how the economy will perform in 2014, and how that will reflect on political parties. It's a little early to provide arguments either way.
As I said profits are generally up - but revenue is generally flat lined. Hence, profit is up from cutting production costs, which includes less employee compensation.
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Old 01-24-2014, 07:14 AM
 
Location: Florida
76,975 posts, read 47,597,802 times
Reputation: 14806
Quote:
Originally Posted by michiganmoon View Post
As I said profits are generally up - but revenue is generally flat lined. Hence, profit is up from cutting production costs, which includes less employee compensation.
Can you show me the figures for the second quarter 2014? How about 3rd quarter? 1st quarter? 4th?
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Old 01-24-2014, 07:16 AM
 
22,768 posts, read 30,719,635 times
Reputation: 14745
Quote:
Originally Posted by michiganmoon View Post
As I said profits are generally up - but revenue is generally flat lined. Hence, profit is up from cutting production costs, which includes less employee compensation.
Corporate profits are not synonymous with "the economy."

You have to include households in the equation. Median households have been getting hammered.
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Old 01-24-2014, 07:17 AM
 
27,307 posts, read 16,212,564 times
Reputation: 12102
No one will win since idiot will raise taxes to take the extra money earned forcing another economic stagnation.
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Old 01-24-2014, 07:17 AM
 
26,469 posts, read 15,053,236 times
Reputation: 14617
Quote:
Originally Posted by Finn_Jarber View Post
Can you show me the figures for the second quarter 2014? How about 3rd quarter? 1st quarter? 4th?
Profits don't flow through to wages

Profits have been up - Revenue is only up between 0.5 and 1%, which is not only minimal, it is also less than inflation and is therefore flat.
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