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

[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% .

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.

Ever heard of east west Germany? Capitalism works far better than liberal socialism which slowly starved 120 million human souls to death. Bernie Sanders is an open socialist. He now runs the Democratic Party

 

[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% .

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.

Capitalism is nonsense? Did you know that the Instant Chyna switch to capitalism it elluminated 40% of all the poverty on earth. Did you know that was perhaps the greatest thing that ever happened on the planet and it was all thanks to Rrepublican capitalism which American Democrats violently
Oppose

 

[The Derp]

Ever heard of east west Germany? Capitalism works far better than liberal socialism which slowly starved 120 million human souls to death. Bernie Sanders is an open socialist. He now runs the Democratic Party

Well, Germany reunited about 30 years ago. Since then, they've had plenty of socialism and are a major world economic power.

 

[The Derp]

Capitalism is nonsense?

Just what you think capitalism is.

 

[EdwardBaiamonte]

Capitalism is nonsense?

Just what you think capitalism is.

ever heard of East /West Germany???

 

[EdwardBaiamonte]

Ever heard of east west Germany? Capitalism works far better than liberal socialism which slowly starved 120 million human souls to death. Bernie Sanders is an open socialist. He now runs the Democratic Party

Well, Germany reunited about 30 years ago. Since then, they've had plenty of socialism and are a major world economic power.

ever heard of USSR/USA, Cuba/Florida, Hong Kong/Red China, Taiwan/Red China. Red China/ capitalist China??

 

[sealybobo]

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"?

I'm on vacation and I'm listening to this towns conservative radio show. He admitted what I've been saying is true. America is a spend economy but we're becoming a nation of horders.

We have to know we will be able to retire before we consider any income disposable. So instead of the 200 executives getting a raise give all the workers a raise

 

[danielpalos]

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"?

No. They think tax cuts for the rich and social benefits cuts for the poor, is a "solution".

 

[deanrd]

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.

Ever heard of east west Germany? Capitalism works far better than liberal socialism which slowly starved 120 million human souls to death. Bernie Sanders is an open socialist. He now runs the Democratic Party

Link?

 

[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"?

No. They think tax cuts for the rich and social benefits cuts for the poor, is a "solution".

Who thinks that?

 

[deanrd]

Ever heard of east west Germany? Capitalism works far better than liberal socialism which slowly starved 120 million human souls to death. Bernie Sanders is an open socialist. He now runs the Democratic Party

Well, Germany reunited about 30 years ago. Since then, they've had plenty of socialism and are a major world economic power.

ever heard of USSR/USA, Cuba/Florida, Hong Kong/Red China, Taiwan/Red China. Red China/ capitalist China??

I'm curious. What is "Red China/capitalist China"? Do you think that's two countries?

 

[deanrd]

Trump touts 'great jobs numbers' that aren't actually so great

From February through May — the latest data available — the U.S. economy has created 594,000 net new jobs, according to the Labor Department’s Bureau of Labor Statistics. That’s fewer than the 659,000 created during the final four months of the Obama administration, which Trump criticized for its job growth.

So far, 2017 is on track to produce the fewest net new jobs in seven years.

So if there have been “great jobs numbers” under Trump, then they were even greater under President Obama.

The average of 162,000 net new jobs a month so far this year is off last year’s figure of 187,000.

At the current pace, the U.S. would add about 1.9 million jobs in 2017. It would be the first time since 2010 the figure was below 2 million.

------------------
Of course Trump didn't lie. He would never do that.





Or would he?

 

[danielpalos]

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"?

No. They think tax cuts for the rich and social benefits cuts for the poor, is a "solution".

Who thinks that?

Our One Percenter in Chief.

 

[EdwardBaiamonte]

I'm curious. What is "Red China/capitalist China"? Do you think that's two countries?

red or libcommunist China existed before 1980 when about 60 million slowly starved to death, in 1980 it switched to Republican capitalism and experienced 35 years of 7% GDP growth and saw 700 million people move into the middle class.
The lesson our liberals learned was that we should switch to libcommunism. Go figure.

 

[danielpalos]

I'm curious. What is "Red China/capitalist China"? Do you think that's two countries?

red or libcommunist China existed before 1980 when about 60 million slowly starved to death, in 1980 it switched to Republican capitalism and experienced 35 years of 7% GDP growth and saw 700 million people move into the middle class.
The lesson our liberals learned was that we should switch to libcommunism. Go figure.

dear, we have the Best form of Socialism in the Entire World; the wealthiest can even keep their multimillion dollar bonuses while on means tested corporate welfare, and the poor can still have steak and lobster on their ebt cards.