Do Republicans understand what it will take to "fix" the economy?

[deanrd]

And then what happened? The same kind of sustained growth over many years? Like under Obama?

3 quarters is not even an entire year. That takes four.

Oops!

And then what happened?

The real estate bubble eventually burst. It didn't burst because Bush cut taxes.

The same kind of sustained growth over many years? Like under Obama?

Yes, we've had a really weak recovery under Obama.
Let's look at the growth after the Obama tax hike.

View attachment 140007

I don't see 3 quarters above 4%.
I only see 1 quarter above 3%.

Oops!

With an economy as large and mature as the United States, 1.5% to 2% sustained growth is the envy of the world. How do you not know that?

And we have 6 million jobs that aren't even filled. What are Republicans doing to get those jobs filled? Oh, that's right. They cut education.

U.S. has record 6 million job openings, even as 6.8 million Americans are looking for jobs

GOP budget would mean billions in cuts for higher ed

Why Is the GOP Suddenly Turning Against College?

You aren't going to win this argument. Republicans controlled the entire government under Bush and they brought this nation to it's knees.

Trump is already worse. The damage just hasn't caught up yet. But it will. We can all see it coming.

With an economy as large and mature as the United States, 1.5% to 2% sustained growth is the envy of the world.

Right. With Obama piling on taxes and strangling businesses with regulations, crappy growth is all we can hope for.

View attachment 140009

I have no idea what you are talking about. Just imaginary BS piled on by ridiculous right wingers.

I have no idea what you are talking about.

Of course not. You're a lib and not very bright.

More likely, you lack developed communication skills. Unfortunately, this is where some of the education you despise could come in handy.

 

[Toddsterpatriot]

And then what happened?

The real estate bubble eventually burst. It didn't burst because Bush cut taxes.

The same kind of sustained growth over many years? Like under Obama?

Yes, we've had a really weak recovery under Obama.
Let's look at the growth after the Obama tax hike.

View attachment 140007

I don't see 3 quarters above 4%.
I only see 1 quarter above 3%.

Oops!

With an economy as large and mature as the United States, 1.5% to 2% sustained growth is the envy of the world. How do you not know that?

And we have 6 million jobs that aren't even filled. What are Republicans doing to get those jobs filled? Oh, that's right. They cut education.

U.S. has record 6 million job openings, even as 6.8 million Americans are looking for jobs

GOP budget would mean billions in cuts for higher ed

Why Is the GOP Suddenly Turning Against College?

You aren't going to win this argument. Republicans controlled the entire government under Bush and they brought this nation to it's knees.

Trump is already worse. The damage just hasn't caught up yet. But it will. We can all see it coming.

With an economy as large and mature as the United States, 1.5% to 2% sustained growth is the envy of the world.

Right. With Obama piling on taxes and strangling businesses with regulations, crappy growth is all we can hope for.

View attachment 140009

I have no idea what you are talking about. Just imaginary BS piled on by ridiculous right wingers.

I have no idea what you are talking about.

Of course not. You're a lib and not very bright.

More likely, you lack developed communication skills. Unfortunately, this is where some of the education you despise could come in handy.

More likely, you lack developed communication skills.

Are these graphs too complex for you? LOL!

Unfortunately, this is where some of the education you despise could come in handy.

I agree, if you were better educated, you'd be able to read these graphs.

 

[deanrd]

With an economy as large and mature as the United States, 1.5% to 2% sustained growth is the envy of the world. How do you not know that?

And we have 6 million jobs that aren't even filled. What are Republicans doing to get those jobs filled? Oh, that's right. They cut education.

U.S. has record 6 million job openings, even as 6.8 million Americans are looking for jobs

GOP budget would mean billions in cuts for higher ed

Why Is the GOP Suddenly Turning Against College?

You aren't going to win this argument. Republicans controlled the entire government under Bush and they brought this nation to it's knees.

Trump is already worse. The damage just hasn't caught up yet. But it will. We can all see it coming.

With an economy as large and mature as the United States, 1.5% to 2% sustained growth is the envy of the world.

Right. With Obama piling on taxes and strangling businesses with regulations, crappy growth is all we can hope for.

View attachment 140009

I have no idea what you are talking about. Just imaginary BS piled on by ridiculous right wingers.

I have no idea what you are talking about.

Of course not. You're a lib and not very bright.

More likely, you lack developed communication skills. Unfortunately, this is where some of the education you despise could come in handy.

More likely, you lack developed communication skills.

View attachment 140067

View attachment 140068

Are these graphs too complex for you? LOL!

Unfortunately, this is where some of the education you despise could come in handy.

I agree, if you were better educated, you'd be able to read these graphs.

I can read them fine. Notice the top graph in a downward spiral? The graph ends at 2006 for good reason. No white winger want to see the years from 2006 to 2008. It's only a reminder of their disaster "catching up".

Then the bottom graph, starts at 2013 and shows a GDP with some small fluctuations between 1.5 and 3.5 over the last four years. A remarkably long period of sustained growth.

 

[Toddsterpatriot]

With an economy as large and mature as the United States, 1.5% to 2% sustained growth is the envy of the world.

Right. With Obama piling on taxes and strangling businesses with regulations, crappy growth is all we can hope for.

View attachment 140009

I have no idea what you are talking about. Just imaginary BS piled on by ridiculous right wingers.

I have no idea what you are talking about.

Of course not. You're a lib and not very bright.

More likely, you lack developed communication skills. Unfortunately, this is where some of the education you despise could come in handy.

More likely, you lack developed communication skills.

View attachment 140067

View attachment 140068

Are these graphs too complex for you? LOL!

Unfortunately, this is where some of the education you despise could come in handy.

I agree, if you were better educated, you'd be able to read these graphs.

I can read them fine. Notice the top graph in a downward spiral? The graph ends at 2006 for good reason. No white winger want to see the years from 2006 to 2008. It's only a reminder of their disaster "catching up".

Then the bottom graph, starts at 2013 and shows a GDP with some small fluctuations between 1.5 and 3.5 over the last four years. A remarkably long period of sustained growth.

Notice the top graph in a downward spiral?

GDP doesn't increase at a larger and larger rate forever.

Then the bottom graph, starts at 2013 and shows a GDP with some small fluctuations between 1.5 and 3.5

Obama finally got his tax hike.
And we had one quarter over 3% since then. It's been 4 years, where is the growth?

A remarkably long period of sustained growth.

Yes, remarkably weak growth. After the tax hike.

 

[EdwardBaiamonte]

The Fed - Industrial Production and Capacity Utilization - G.17

Think nothing is made in America? Output has doubled in three decades

Robots could take over 38% of U.S. jobs within about 15 years, report says

Remember, millions of jobs were being lost under Bush and the GOP. They used reconciliation three times. They could do anything. What did they do to stop the job loss? What will they do different now they are in power again?

U.S. has record 6 million job openings, even as 6.8 million Americans are looking for jobs

Number of Job Openings Hits Record-High at 6 Million - Washington Free Beacon

Do Republicans understand what it will take to "fix" the economy?

Do USMB Republicans "get it"?

Yes Republicans know it will take capitalism to fix the economy. What do you Democrats think it will take to fix the economy?

 

[deanrd]

The Fed - Industrial Production and Capacity Utilization - G.17

Think nothing is made in America? Output has doubled in three decades

Robots could take over 38% of U.S. jobs within about 15 years, report says

Remember, millions of jobs were being lost under Bush and the GOP. They used reconciliation three times. They could do anything. What did they do to stop the job loss? What will they do different now they are in power again?

U.S. has record 6 million job openings, even as 6.8 million Americans are looking for jobs

Number of Job Openings Hits Record-High at 6 Million - Washington Free Beacon

Do Republicans understand what it will take to "fix" the economy?

Do USMB Republicans "get it"?

Yes Republicans know it will take capitalism to fix the economy. What do you Democrats think it will take to fix the economy?

Hilarious. Ask a Republican to explain "capitalism". Fraught with humor.

The foundation of capitalism is "supply and demand". Something the GOP thinks is a wild liberal theory.

 

[EdwardBaiamonte]

The Fed - Industrial Production and Capacity Utilization - G.17

Think nothing is made in America? Output has doubled in three decades

Robots could take over 38% of U.S. jobs within about 15 years, report says

Remember, millions of jobs were being lost under Bush and the GOP. They used reconciliation three times. They could do anything. What did they do to stop the job loss? What will they do different now they are in power again?

U.S. has record 6 million job openings, even as 6.8 million Americans are looking for jobs

Number of Job Openings Hits Record-High at 6 Million - Washington Free Beacon

Do Republicans understand what it will take to "fix" the economy?

Do USMB Republicans "get it"?

Yes Republicans know it will take capitalism to fix the economy. What do you Democrats think it will take to fix the economy?

Hilarious. Ask a Republican to explain "capitalism". Fraught with humor.

The foundation of capitalism is "supply and demand". Something the GOP thinks is a wild liberal theory.

For third time what do Democrats think it will take to fix the economy if not capitalism.

 

[The Derp]

Bush signed the final tax cut into law on May 28, 2003.

Without people using their ATMs as homes, Bush's economic growth as a result of his tax cuts was the worst in 80 years.

So thanks for confirming Bush's tax cuts were responsible for shitty growth, for debt growth, and for no jobs.

 

[The Derp]

The real estate bubble eventually burst. It didn't burst because Bush cut taxes.

No, it burst because Bush deregulated the mortgage market beginning in 2004 when his regulators ceased enforcement of lending standards for subprime loans, just as his Working Group on Financial Markets said in 2008:

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”​

Regulators work for the Executive Branch. Who was in charge of the Executive Branch in 2004? Who was in control of Congress in 2004? Who controlled SCOTUS in 2004? Conservatives.

I don't see 3 quarters above 4%.
I only see 1 quarter above 3%.

Take MEWs out of Bush's economy and what have you got? The worst growth in 80 years. Worse than Obama. Bush's economy grew because of personal debt and credit. Two things we are told over and over by Conservatives are bad things:

 

[The Derp]

Right. With Obama piling on taxes and strangling businesses with regulations, crappy growth is all we can hope for.

Still better than it was during Bush. Obama's economy wasn't built on a credit and subprime bubble. Bush's was. Besides, what was the economy like as Bush left office, after 8 years of his policies? Shitty.

 

[The Derp]

Are these graphs too complex for you?

Is this one?

So you can crow about Bush's "economy", but the truth is that his economy was built on a foundation of credit and debt, not true growth. All those economic gains from his mortgage bubble were wiped out by the time he left office, and the household debt-to-GDP ratio nearly grew by 40% in just 8 years:

As were the jobs. Bush lost net 460,000 private sector jobs after 8 years. The only President since Herbert Hoover to leave office with fewer jobs than when he started.

But please, ignore all that to pretend that tax cuts work.

 

[miketx]

The Fed - Industrial Production and Capacity Utilization - G.17

Think nothing is made in America? Output has doubled in three decades

Robots could take over 38% of U.S. jobs within about 15 years, report says

Remember, millions of jobs were being lost under Bush and the GOP. They used reconciliation three times. They could do anything. What did they do to stop the job loss? What will they do different now they are in power again?

U.S. has record 6 million job openings, even as 6.8 million Americans are looking for jobs

Number of Job Openings Hits Record-High at 6 Million - Washington Free Beacon

Do Republicans understand what it will take to "fix" the economy?

Do USMB Republicans "get it"?

The main thing it will take to fix the economy, your ridiculous media fed cut and paste put aside, is cooperation, which the pol scum in DC seems unwilling to do.

 

[deanrd]

Are these graphs too complex for you?

Is this one?

So you can crow about Bush's "economy", but the truth is that his economy was built on a foundation of credit and debt, not true growth. All those economic gains from his mortgage bubble were wiped out by the time he left office, and the household debt-to-GDP ratio nearly grew by 40% in just 8 years:

As were the jobs. Bush lost net 460,000 private sector jobs after 8 years. The only President since Herbert Hoover to leave office with fewer jobs than when he started.

But please, ignore all that to pretend that tax cuts work.

GOP tax cuts have been tried during Reagan's terms, during Bush's, and in individual states and they never, ever work. A very slight bump is not "proof". The only way to achieve growth is through growth. That's it. Building things, making things, education, infrastructure and improvements. Those things work. We have a history. We KNOW. We aren't guessing.

 

[deanrd]

The Fed - Industrial Production and Capacity Utilization - G.17

Think nothing is made in America? Output has doubled in three decades

Robots could take over 38% of U.S. jobs within about 15 years, report says

Remember, millions of jobs were being lost under Bush and the GOP. They used reconciliation three times. They could do anything. What did they do to stop the job loss? What will they do different now they are in power again?

U.S. has record 6 million job openings, even as 6.8 million Americans are looking for jobs

Number of Job Openings Hits Record-High at 6 Million - Washington Free Beacon

Do Republicans understand what it will take to "fix" the economy?

Do USMB Republicans "get it"?

The main thing it will take to fix the economy, your ridiculous media fed cut and paste put aside, is cooperation, which the pol scum in DC seems unwilling to do.

Cooperation to what? Tear down the country? Nothing I posted is ridiculous fool. It's our current reality.

 

[The Sage of Main Street]

The Fed - Industrial Production and Capacity Utilization - G.17

Think nothing is made in America? Output has doubled in three decades

Robots could take over 38% of U.S. jobs within about 15 years, report says

Remember, millions of jobs were being lost under Bush and the GOP. They used reconciliation three times. They could do anything. What did they do to stop the job loss? What will they do different now they are in power again?

U.S. has record 6 million job openings, even as 6.8 million Americans are looking for jobs

Number of Job Openings Hits Record-High at 6 Million - Washington Free Beacon

Do Republicans understand what it will take to "fix" the economy?

Do USMB Republicans "get it"?

Yes Republicans know it will take capitalism to fix the economy. What do you Democrats think it will take to fix the economy?

Hilarious. Ask a Republican to explain "capitalism". Fraught with humor.

The foundation of capitalism is "supply and demand". Something the GOP thinks is a wild liberal theory.

EQUITY IS INIQUITY


Capitalism means investor supremacy, similar to throwing money at a problem. It grows into a paradise for plutocratic parasites. Socialism is the replacement of Capitalists with an equally dictatorial and self-appointed political elite.

 

[EdwardBaiamonte]

The Fed - Industrial Production and Capacity Utilization - G.17

Think nothing is made in America? Output has doubled in three decades

Robots could take over 38% of U.S. jobs within about 15 years, report says

Remember, millions of jobs were being lost under Bush and the GOP. They used reconciliation three times. They could do anything. What did they do to stop the job loss? What will they do different now they are in power again?

U.S. has record 6 million job openings, even as 6.8 million Americans are looking for jobs

Number of Job Openings Hits Record-High at 6 Million - Washington Free Beacon

Do Republicans understand what it will take to "fix" the economy?

Do USMB Republicans "get it"?

Yes Republicans know it will take capitalism to fix the economy. What do you Democrats think it will take to fix the economy?

Hilarious. Ask a Republican to explain "capitalism". Fraught with humor.

The foundation of capitalism is "supply and demand". Something the GOP thinks is a wild liberal theory.

EQUITY IS INIQUITY


Capitalism means investor supremacy, similar to throwing money at a problem. It grows into a paradise for plutocratic parasites. Socialism is the replacement of Capitalists with an equally dictatorial and self-appointed political elite.

Capitalism means the capitalist survives only by providing the best jobs and products in the world That increase our standard of living at the fastest possible rate

 

[EdwardBaiamonte]

The Fed - Industrial Production and Capacity Utilization - G.17

Think nothing is made in America? Output has doubled in three decades

Robots could take over 38% of U.S. jobs within about 15 years, report says

Remember, millions of jobs were being lost under Bush and the GOP. They used reconciliation three times. They could do anything. What did they do to stop the job loss? What will they do different now they are in power again?

U.S. has record 6 million job openings, even as 6.8 million Americans are looking for jobs

Number of Job Openings Hits Record-High at 6 Million - Washington Free Beacon

Do Republicans understand what it will take to "fix" the economy?

Do USMB Republicans "get it"?

Yes Republicans know it will take capitalism to fix the economy. What do you Democrats think it will take to fix the economy?

Hilarious. Ask a Republican to explain "capitalism". Fraught with humor.

The foundation of capitalism is "supply and demand". Something the GOP thinks is a wild liberal theory.

EQUITY IS INIQUITY


Capitalism means investor supremacy, similar to throwing money at a problem. It grows into a paradise for plutocratic parasites. Socialism is the replacement of Capitalists with an equally dictatorial and self-appointed political elite.

Socialism is welfare. Leeches living off the hard work of others.

 

[EdwardBaiamonte]

Are these graphs too complex for you?

Is this one?

So you can crow about Bush's "economy", but the truth is that his economy was built on a foundation of credit and debt, not true growth. All those economic gains from his mortgage bubble were wiped out by the time he left office, and the household debt-to-GDP ratio nearly grew by 40% in just 8 years:

As were the jobs. Bush lost net 460,000 private sector jobs after 8 years. The only President since Herbert Hoover to leave office with fewer jobs than when he started.

But please, ignore all that to pretend that tax cuts work.

GOP tax cuts have been tried during Reagan's terms, during Bush's, and in individual states and they never, ever work. A very slight bump is not "proof". The only way to achieve growth is through growth. That's it. Building things, making things, education, infrastructure and improvements. Those things work. We have a history. We KNOW. We aren't guessing.

We achieve growth from the Stone Age to here thanks to the supply of Republican new inventions. Supply side economics works with the help of tax cuts regulation cuts deficit cuts welfare cuts and most importantly with the help of a Republican entrepreneurial culture that makes businessmen inventors heros rather than the evil rich 1% .

 

[deanrd]

Are these graphs too complex for you?

Is this one?

So you can crow about Bush's "economy", but the truth is that his economy was built on a foundation of credit and debt, not true growth. All those economic gains from his mortgage bubble were wiped out by the time he left office, and the household debt-to-GDP ratio nearly grew by 40% in just 8 years:

As were the jobs. Bush lost net 460,000 private sector jobs after 8 years. The only President since Herbert Hoover to leave office with fewer jobs than when he started.

But please, ignore all that to pretend that tax cuts work.

GOP tax cuts have been tried during Reagan's terms, during Bush's, and in individual states and they never, ever work. A very slight bump is not "proof". The only way to achieve growth is through growth. That's it. Building things, making things, education, infrastructure and improvements. Those things work. We have a history. We KNOW. We aren't guessing.

We achieve growth from the Stone Age to here thanks to the supply of Republican new inventions. Supply side economics works with the help of tax cuts regulation cuts deficit cuts welfare cuts and most importantly with the help of a Republican entrepreneurial culture that makes businessmen inventors heros rather than the evil rich 1% .

Oh my God. Republican new inventions? Like what?

The failure of supply-side economics

Trickle-down’s middle-class massacre: Failure of conservative economics should discredit these bankrupt ideas forever

Supply-side’s abject failure

Why the GOP Won't Admit Supply-Side Econ Has Failed

Only the delusional believe in nonsense.

 

[The Sage of Main Street]

Are these graphs too complex for you?

Is this one?

So you can crow about Bush's "economy", but the truth is that his economy was built on a foundation of credit and debt, not true growth. All those economic gains from his mortgage bubble were wiped out by the time he left office, and the household debt-to-GDP ratio nearly grew by 40% in just 8 years:

As were the jobs. Bush lost net 460,000 private sector jobs after 8 years. The only President since Herbert Hoover to leave office with fewer jobs than when he started.

But please, ignore all that to pretend that tax cuts work.

GOP tax cuts have been tried during Reagan's terms, during Bush's, and in individual states and they never, ever work. A very slight bump is not "proof". The only way to achieve growth is through growth. That's it. Building things, making things, education, infrastructure and improvements. Those things work. We have a history. We KNOW. We aren't guessing.

We achieve growth from the Stone Age to here thanks to the supply of Republican new inventions. Supply side economics works with the help of tax cuts regulation cuts deficit cuts welfare cuts and most importantly with the help of a Republican entrepreneurial culture that makes businessmen inventors heros rather than the evil rich 1% .

Oh my God. Republican new inventions? Like what?

The failure of supply-side economics

Trickle-down’s middle-class massacre: Failure of conservative economics should discredit these bankrupt ideas forever

Supply-side’s abject failure

Why the GOP Won't Admit Supply-Side Econ Has Failed

Only the delusional believe in nonsense.

It only works when it should be called gusher economics: a sudden and large increase in profits will make the owners feel generous, and also willing to avoid any disruption in the flow caused by employee dissatisfaction.