Obama Economy August Update: More Waiters to Serve the Wealthy

[CuriousMiscer]

Originally Posted by Loveshiscountry

All you're going to have left after paying your bills are "change". Maybe that's what he meant.

Yep yep

Notice how the leftists are awfully silent on the topic of the Obama economy, I'm guessing they just have nothing to say. Even a lot of the Bernie voters understand that Obama didn't do squat for working-class Americans, the economy, minimum wage, etc. Instead..... Obama spent a lot of his time golfing and relaxing? On the taxpayer's dime?

I notice it is mostly the Hillary supporters who still have their heads in the sand regarding the economy (Bernie voters are keenly aware that "the economy matters" and "this economy isn't working for a lot of folks"). The Hillary voters will never stop drinking the 1%'s kool-aid

[Clark Park]

Originally Posted by Loveshiscountry

Only conservatives can run the economy well. They do that by staying out of it for the most part. It has been proven time and time again that the free market works best for the economy.

The second part about the free market is something I have no issue with.

However, the first part about conservatives and the economy isn't factually correct ... Herbert Hoover gave us the Great Depression. More recently, how was the economy under Richard Nixon, Gerald Ford, George Bush Sr., George Bush Jr.? Nixon mandated price controls because of runaway inflation, remember? Ford issued buttons saying "WIN" - Whip Inflation Now - not a very good idea. Bush Sr. served only one term mainly because of a Recession and an awful economy .... "It's the economy, stupid!" ... remember? Finally, Bush Jr. and the Great Recession. How was the US economy at the end of his presidency in 2008?

When was the economy really good in the past generation? During Bill Clinton's presidency ... that's when!

[Clark Park]

Originally Posted by CuriousMiscer

Awesome thread and hilarious at the same time, mwahahaha

Damn straight, let that leftist girly-man Obama and his rabid/low-information Obama followers know the TRUTH about his crappy Obama economy. I mean who can survive on such low paying $8/hour jobs?? Seriously now, Obama has a lot of splainin' to do for the widespread poverty and despair that is now afflicting America. Obama is guilty and has NO excuse for his utter failure regarding the economy.

Obama says: " hey look at that, X amount of jobs were created in August!"

..... yeah, low-paying retail/fast food/waiter poverty jobs

I thought Obama was going to bring us "change"? So much for his campaign-trail BS

Curious,

Perhaps you live in a very backwards and depressed town, but what you say doesn't jibe with my personal experiences.

I see young people, recent graduates, either signing leases on $1,500 to $3,000 a month luxury apartments in highrise buildings ... or ... putting down payments on homes in the $250K to $450K price range.

There is construction going up all over the place. Construction jobs are not low paying jobs.

There are some parts of the country were there is stagnation to be sure, but because of the re-urbanization of America we see the construction of "Supertall" skyscrapers in cities like Los Angeles (the Wilshire Grand), San Francisco (the Salesforce Tower), New York (the Hudson Yards ... the largest and most expensive building project in the entire history of the United States - in the tens of Billions of $$$), the CITC tower in Philly ($1.5 Billion - tallest in the US outside NY and Chicago), etc.

I don't know anyone who is being paid $8 an hour, and I agree you can't survive on that, but some people in the lower income brackets sometimes have to take a second job or have a profitable hobby to supplement their income. Around here even fast food places are offering about $9.50/hr. in order to entice new hires.

Our perceptions differ. Apparently you see a depressed economic wasteland and I see things having returned to normal after the horrific Great Recession that Bush gave us.

[BeerGeek40]

Originally Posted by mightleavenyc

The Obama Economy of a top 1% served by college educated waiters and waitresses marched on in August.





US created 151,000 jobs in August vs. 180,000 jobs expected

LOL, as Metallica said..... SAD BUT TRUE