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Stabliziation isn't tantamount to recovery. There is a clear and observable change in our economic trajectory when the stimulus was enacted. Numbers don't lie.
There isnt a dam economic recession in history which wasnt followed by a recovery period..
There are people in this thread saying we are recovered!? Are you all aware our unemployment rate is still nearly 12%? Obama isn't going to see full employment his whole presidency.
There are people in this thread saying we are recovered!? Are you all aware our unemployment rate is still nearly 12%? Obama isn't going to see full employment his whole presidency.
Unless if you are trying to boast about all the part time jobs that don't pay a livable income that have been created under Obama.
If Obama ever gets the U6 unemployment rate under 10%, where it should be, I will be . I see us entering another recession before that happens.
During the bubble during Bush's term the U6 was in the low 8%, it is currently sitting at 11.8%, down almost a percentage from the beginning of the year. If the U6 continues to drop at the rate it has been dropping, it will be at 8.8% by the end of 2016.
Do you have any proof of another recession coming or is that just what you wish would happen?
During the bubble during Bush's term the U6 was in the low 8%, it is currently sitting at 11.8%, down almost a percentage from the beginning of the year. If the U6 continues to drop at the rate it has been dropping, it will be at 8.8% by the end of 2016.
Do you have any proof of another recession coming or is that just what you wish would happen?
8% is where the U6 rate should be. Obama will never see it. We are no where near it. We are now approaching the cyclical time that our nation tends to enter another recession. Look at the rest of the world right now. Europe is about to triple dip back into recession. China is slowing down. Our stock market is so over inflated right now I don't know why people aren't running from it in droves.
How pathetic it is that Bush had a U6 rate on par with Obama's U3 rate for most of their terms in office.
8% is where the U6 rate should be. Obama will never see it. We are no where near it. We are now approaching the cyclical time that our nation tends to enter another recession. Look at the rest of the world right now. Europe is about to triple dip back into recession. China is slowing down. Our stock market is so over inflated right now I don't know why people aren't running from it in droves.
How pathetic it is that Bush had a U6 rate on par with Obama's U3 rate for most of their terms in office.
Yeah, you are aware of cause and effect. The bubble created during the Bush era had an effect on the following years. The country has been slowly getting better ever since the full effect of the Bush era happened.
If you hoping the US is going to have another recession, I just don't see it happening any time soon because there isn't any bubbles being created right now.
Yeah, you are aware of cause and effect. The bubble created during the Bush era had an effect on the following years. The country has been slowly getting better ever since the full effect of the Bush era happened.
If you hoping the US is going to have another recession, I just don't see it happening any time soon because there isn't any bubbles being created right now.
You don't need economic bubbles to create recessions. Europe's bubble burst back in 2007-2008 just like America's yet they are now experience their third recession since then.
And our stock market currently has a heck of a lot of indicators that it is a bubble. As well as the student loan crisis going on in society right now. That is another bubble.
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