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So now that Trump is president are we back to believing the data that the Bureau of Labor Statistics puts out? Because under Obama it was just a bunch of lies. I mean, I've always believed the data but about half of P&OC posters do not.
of course none of them will address this. They'll just run in and lob more hand grenades then head to the next topic after being called out.....I sometimes wonder why I even bother with this place anymore; there is very little to no actual intelligent back and forth.
You know damn well that if the numbers were bad you'd be the first one throwing a tantrum and blaming Donald Trump.
Obviously if someone reverses a trend that's been going Obama for years, they should be held responsible. The only credit that Trump gets is that he's continuing the job that Obama left him. If he screws that up, then he, and only he, deserves the blame.
Obviously if someone reverses a trend that's been going Obama for years, they should be held responsible. The only credit that Trump gets is that he's continuing the job that Obama left him. If he screws that up, then he, and only he, deserves the blame.
And you and your ilk are hoping against hope that the US economy tanks so the President can take all of the blame that you all can muster, am I right?
The US keeps on being the leader in technology, jobs and building wealth despite the 8 years of Obama trying to choke down the economy and trying to make us all ashamed to be Americans.
I shall paste what I just wrote in another thread:
Simply excellent economic news today: unemployment rate down to 3.8 percent (or, using Mr. Trump's way of figuring it back when he was a candidate, around 25 percent now), wages up 2.7 percent, etc.
As I often say, I welcome good economic news at face value, regardless of whom is President. I have no problem, this deep into his first term, with giving some credit to Donald John Trump (not full credit, since he did inherit an excellent economy).
Of course, with us now in a tariff war, things may change, and not for the good. The US Chamber of Commerce estimates that with this tariff war the US may lose 2.6 million jobs:
I cannot link to it, but the Wall Street Journal editorial today blasted Mr. Trump for starting a trade war, with our closest allies.
Anyway, good news today, but what the situation will be by this time next year, unknown, but probably not as good.
The real important number is the real median wage growth. Not "average wage growth" or growth unadjusted for inflation. We need real median wage growth of at least 4-5% for the next 5-6 years to make up for the stagnation for the past 20 years. And what is it? Is it close to 0%?
The only thing Obama did was got everybody on Unemployment benefits and out of the job market.
Folks stopped looking for jobs.
Interest rates were forced low. How long can that be sustained?
He spend 10 Trillion dollars... On what?
Obama is an absolute idiot or a complete enemy of the United States of America, pick one.
that is easy to fact check. participation rate mate.
In the last 10 years it dropped about 1% and that period includes the BUSH built great recession...
we have a 30 year trend that has stabilized over the last 5 years..
link in case you can't find it.
Now you know YOU McGowdog now know that your entire premise is completely wrong.
Armed with these new facts, McGowdog, you have a choice, you can either bury your head in the sand, ie lie to yourself and pretend Obama got everyone out of the job market, or you can face the reality that you erred.
Make the choice MGowdog, a facts based world or a fantasyland.
The only thing Obama did was got everybody on Unemployment benefits and out of the job market.
Folks stopped looking for jobs.
Interest rates were forced low. How long can that be sustained?
He spend 10 Trillion dollars... On what?
Obama is an absolute idiot or a complete enemy of the United States of America, pick one.
You could argue Obama didn't do enough to stimulate the economy.
But you definitely can't just blame him for all that spending. When the economy crashed folks were desperate. All of a sudden you are going to tell folks they can't rely on services when they need them.
In my neighborhood in suburban Atlanta, it was the diehard Republicans who lost their jobs and turned to the federal govt. for help when they needed it. And you know what -- I'm glad they had the help they needed to get back on their feet.
I've never been thrilled with Obama's job stimulation approach but came across this article.
It is suppose to be a non-partisan analysis..
https://www.cbpp.org/research/econom...r-the-next-one Policymakers clearly made mistakes in the lead-up to the financial crisis and Great Recession. They failed to use macroprudential policy to weigh against the housing and bond bubbles, and they botched the resolution process of failing financial institutions. But they got the policy response to the crisis mostly right. Not every monetary, financial and fiscal policy step was effective, and the policymaking process was at times messy and counterproductive. But taken in its totality, the policy response was a huge success. Without it, we might have experienced Great Depression 2.0.
The economic expansion is more than six years old, longer than most expansions, and we are getting closer to full employment. It has been a long time coming, but it would have taken much longer without the massive and unprecedented response of policymakers.
that is easy to fact check. participation rate mate.
In the last 10 years it dropped about 1% and that period includes the BUSH built great recession...
we have a 30 year trend that has stabilized over the last 5 years..
link in case you can't find it.
Now you know YOU McGowdog now know that your entire premise is completely wrong.
Armed with these new facts, McGowdog, you have a choice, you can either bury your head in the sand, ie lie to yourself and pretend Obama got everyone out of the job market, or you can face the reality that you erred.
Make the choice MGowdog, a facts based world or a fantasyland.
Blah blah blah Bush blah blah blah Obama.
Bush had 9-11 to deal with, making many mistakes with the same Intelligence team that Obama had.
Bush and Obama both dealt with the onset and aftermath of the housing bubble.
Obama chose to go on the Make America Cow-down and Apologize to the World- Sabotage Tour.
Bush had 9-11 to deal with, making many mistakes with the same Intelligence team that Obama had.
Bush and Obama both dealt with the onset and aftermath of the housing bubble.
Obama chose to go on the Make America Cow-down and Apologize to the World- Sabotage Tour.
so I think we got your answer...typical...expected nothing less.
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