Lately Leftist Commentators Bringing Up "80 Straight Months Of Growth"Under Obama.Are They Joking?

[JGalt]

Did anyone else catch at least one Democrat guest on Fox bring up the 80 straight months of growth in the USA during the Obama Years?
Growth? Really? Over 90 Million People were out of work during the Obama years, unemployment was always around 10 to 15%, GDP was about 1.48% Under Obama, 8 years of never ending suffering.
And yet we just had a few rat commentators gloating of how the economy was booming during the Obama years?
You mean like the booming economy of,,Illinois, Connecticut, California, Rhode Island, New York, Newark, Baltimore and Ferguson?

FOX News being fair and balanced as they are, has to have their share of liberal idiots on there.

That being said, Obama was the only President in history to never have a full years of 3% GDP growth. His average annual growth rate was only 1.48%, the weakest of any expansion since 1949. Trump's economy is something like 3.5% right now.

Barack Obama Is Now The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

Wrong, Obama got over 3 GDP 8 times.

While he did have spikes in the GDP, the fact remains that his administration was the first administration that never had a whole year of 3 percent growth. Politifact substantiates that...

Did Obama never have a whole year of 3% economic growth?

 

[Rexx Taylor]

No year with over 3% GDP Growth.

This is where we have slowly devolved into. The end game of the blood sucking government policies.

i remember watching the DOW crash to around 6000?,,,spring of 2009? it was all because of Obama !!!

 

[Norman]

No year with over 3% GDP Growth.

This is where we have slowly devolved into. The end game of the blood sucking government policies.

i remember watching the DOW crash to around 6000?,,,spring of 2009? it was all because of Obama !!!

Obama certainly didn't make anything better. There are about 10 trillion reasons why...

And a other 20 trillion in unfunded liabilities.

 

[Rexx Taylor]

No year with over 3% GDP Growth.

This is where we have slowly devolved into. The end game of the blood sucking government policies.

i remember watching the DOW crash to around 6000?,,,spring of 2009? it was all because of Obama !!!

Obama certainly didn't make anything better. There are about 10 trillion reasons why...

And other 20 trillion in unfunded liabilities.

and a first lady moochelle didnt help either !!! yah,,,just piss off our money,,,off to Spain!

 

[Rexx Taylor]

Obama’s Final Jobs Report Marks 75 Consecutive Months of Growth

Just not that tough to confirm.
.

Say, partisan hack.

Tell us all what the economy did after the democrats took control of the house and Senate in 2007, till they lost the house in 2010 and then lost the Senate in 2014.

Are you aware of the effects of the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation? Cause it was passed in December of 2000.

Do you know anything?

and how many times did the rats bring up where the stock market went during those 8 years? anyone wanna guess what the stock market would of been if Bambi didnt print up any money?

 

[Dragonlady]

Obama’s Final Jobs Report Marks 75 Consecutive Months of Growth

Just not that tough to confirm.
.

Say, partisan hack.

Tell us all what the economy did after the democrats took control of the house and Senate in 2007, till they lost the house in 2010 and then lost the Senate in 2014.

Are you aware of the effects of the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation? Cause it was passed in December of 2000.

Do you know anything?

I'm in the business.

Are you?

Nice try at deflection there.


.

Yeah, you are an ignorant partisan hack.

Still waiting for you to explain what that Commodity Futures Modernization Act did.

How about who rewrote the Community Reinvestment Act which put pressure on banks to lend to low income neighborhoods.

So, the democrats took over congress in 2007, lost the house in 2010. Tell us what happened.

Get your fucking graph out you fucking hack. See what happened when the economy was under democrat majority control....2007 to 2010.

You stupid ignorant fucking hack.

The Community Reinvestment Act functioned very well under Carter, Reagan, Bush 41, and Clinton. It was only after the Gramm Leach Bliley Act deregulating debt back securities was passed that it became a problem.

25 People to Blame for the Financial Crisis - TIME

 

[Hutch Starskey]

I promised myself I wouldn't get into conversations about the Meltdown with people who have no understanding of what happened.

It's a good policy.
There's no excuse to not have at least a basic understanding of how the dominoes were stacked and what set them in motion.

There's at least three movies on the subject for those who don't care to read.

 

[Theowl32]

Obama’s Final Jobs Report Marks 75 Consecutive Months of Growth

Just not that tough to confirm.
.

Say, partisan hack.

Tell us all what the economy did after the democrats took control of the house and Senate in 2007, till they lost the house in 2010 and then lost the Senate in 2014.

Are you aware of the effects of the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation? Cause it was passed in December of 2000.

Do you know anything?

I'm in the business.

Are you?

Nice try at deflection there.


.

Yeah, you are an ignorant partisan hack.

Still waiting for you to explain what that Commodity Futures Modernization Act did.

How about who rewrote the Community Reinvestment Act which put pressure on banks to lend to low income neighborhoods.

So, the democrats took over congress in 2007, lost the house in 2010. Tell us what happened.

Get your fucking graph out you fucking hack. See what happened when the economy was under democrat majority control....2007 to 2010.

You stupid ignorant fucking hack.

The Community Reinvestment Act functioned very well under Carter, Reagan, Bush 41, and Clinton. It was only after the Gramm Leach Bliley Act deregulating debt back securities was passed that it became a problem.

25 People to Blame for the Financial Crisis - TIME

President Clinton's tenure was characterized by economic prosperity and financial deregulation, which in many ways set the stage for the excesses of recent years. Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods. It is the subject of heated political and scholarly debate whether any of these moves are to blame for our troubles, but they certainly played a role in creating a permissive lending environment.

25 People to Blame for the Financial Crisis - TIME

Lol, from your source.


Bush did push early on for tighter controls over Fannie Mae and Freddie Mac, but he failed to move Congress. After the Enron scandal, Bush backed and signed the aggressively regulatory Sarbanes-Oxley Act. But SEC head William Donaldson tried to boost regulation of mutual and hedge funds, he was blocked by Bush's advisers at the White House as well as other powerful Republicans and quit. Plus, let's face it, the meltdown happened on Bush's watch.

25 People to Blame for the Financial Crisis - TIME

Also from your own source.

Lol

 

[Dragonlady]

Obama’s Final Jobs Report Marks 75 Consecutive Months of Growth

Just not that tough to confirm.
.

Say, partisan hack.

Tell us all what the economy did after the democrats took control of the house and Senate in 2007, till they lost the house in 2010 and then lost the Senate in 2014.

Are you aware of the effects of the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation? Cause it was passed in December of 2000.

Do you know anything?

I'm in the business.

Are you?

Nice try at deflection there.


.

Yeah, you are an ignorant partisan hack.

Still waiting for you to explain what that Commodity Futures Modernization Act did.

How about who rewrote the Community Reinvestment Act which put pressure on banks to lend to low income neighborhoods.

So, the democrats took over congress in 2007, lost the house in 2010. Tell us what happened.

Get your fucking graph out you fucking hack. See what happened when the economy was under democrat majority control....2007 to 2010.

You stupid ignorant fucking hack.

The Community Reinvestment Act functioned very well under Carter, Reagan, Bush 41, and Clinton. It was only after the Gramm Leach Bliley Act deregulating debt back securities was passed that it became a problem.

25 People to Blame for the Financial Crisis - TIME

President Clinton's tenure was characterized by economic prosperity and financial deregulation, which in many ways set the stage for the excesses of recent years. Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods. It is the subject of heated political and scholarly debate whether any of these moves are to blame for our troubles, but they certainly played a role in creating a permissive lending environment.

25 People to Blame for the Financial Crisis - TIME

Lol, from your source.


Bush did push early on for tighter controls over Fannie Mae and Freddie Mac, but he failed to move Congress. After the Enron scandal, Bush backed and signed the aggressively regulatory Sarbanes-Oxley Act. But SEC head William Donaldson tried to boost regulation of mutual and hedge funds, he was blocked by Bush's advisers at the White House as well as other powerful Republicans and quit. Plus, let's face it, the meltdown happened on Bush's watch.

25 People to Blame for the Financial Crisis - TIME

Also from your own source.

Lol

I posted from that source for a reason. Clinton signed the Gramm bill as a lame duck passed by a Republican Senate and House.

Clinton was also a fan oh Milton Friedman, who ideas have mostly been discredited but which have driven Republican fiscal policies since Reagan.

 

[Manonthestreet]

Obama’s Final Jobs Report Marks 75 Consecutive Months of Growth

Just not that tough to confirm.
.

Say, partisan hack.

Tell us all what the economy did after the democrats took control of the house and Senate in 2007, till they lost the house in 2010 and then lost the Senate in 2014.

Are you aware of the effects of the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation? Cause it was passed in December of 2000.

Do you know anything?

The damage was done to the economy in 2000 to 2006 and it was W's cut and spend policies that killed the economy.

Obama started the growth. It began before the midterms. And has continued unabated.

When the current Administration cuts taxes, we'll see how long it takes to crash the economy. It took Reagan 7 years, but the working poor still had savings back in those days. W cleaned them out.

Tax cuts don't crash an economy

Reagan just tripled the debt. When T was talking to Mexico President, he said how much smarter he was and how the US is losing money, well then we do not need a tax cut do we. If Toyota and Foxconn are building here we do not need a corp tax cut either.

your reply to my post is inane and not germane

 

[gipper]

Obama’s Final Jobs Report Marks 75 Consecutive Months of Growth

Just not that tough to confirm.
.

Say, partisan hack.

Tell us all what the economy did after the democrats took control of the house and Senate in 2007, till they lost the house in 2010 and then lost the Senate in 2014.

Are you aware of the effects of the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation? Cause it was passed in December of 2000.

Do you know anything?

The damage was done to the economy in 2000 to 2006 and it was W's cut and spend policies that killed the economy.

Obama started the growth. It began before the midterms. And has continued unabated.

When the current Administration cuts taxes, we'll see how long it takes to crash the economy. It took Reagan 7 years, but the working poor still had savings back in those days. W cleaned them out.

Yet Obama doubled the national debt in just eight years.

I guess you consider that a tremendous accomplishment.

 

[Rexx Taylor]

i dont recall Reagan borrowing one trillion a year and calling it an accomplishment

 

[sealybobo]

Did anyone else catch at least one Democrat guest on Fox bring up the 80 straight months of growth in the USA during the Obama Years?
Growth? Really? Over 90 Million People were out of work during the Obama years, unemployment was always around 10 to 15%, GDP was about 1.48% Under Obama, 8 years of never ending suffering.
And yet we just had a few rat commentators gloating of how the economy was booming during the Obama years?
You mean like the booming economy of,,Illinois, Connecticut, California, Rhode Island, New York, Newark, Baltimore and Ferguson?

Let's see wages go up on Trump's watch. Or let's see him have better growth.

If things were so bad last year show us numbers that say things are better. They're about the same. So Trump hasn't broke what Obama fixed.

 

[Reasonable]

Obama’s Final Jobs Report Marks 75 Consecutive Months of Growth

Just not that tough to confirm.
.

Rexx is used to getting her ass kicked..

 

[gipper]

Did anyone else catch at least one Democrat guest on Fox bring up the 80 straight months of growth in the USA during the Obama Years?
Growth? Really? Over 90 Million People were out of work during the Obama years, unemployment was always around 10 to 15%, GDP was about 1.48% Under Obama, 8 years of never ending suffering.
And yet we just had a few rat commentators gloating of how the economy was booming during the Obama years?
You mean like the booming economy of,,Illinois, Connecticut, California, Rhode Island, New York, Newark, Baltimore and Ferguson?

Let's see wages go up on Trump's watch. Or let's see him have better growth.

If things were so bad last year show us numbers that say things are better. They're about the same. So Trump hasn't broke what Obama fixed.

Obama doubles the ENTIRE FUCKING NATIONAL DEBT IN JUST EIGHT YEARS, and leftists ignore this heinous tyrannical act. If they polled Americans, I wonder what percentage even know of this.

CRAZY!!!

 

[Norman]

First president in history to never have a 3% growth rate. The country did better during world war II.

He added about 30 trillion in debt + liabilities. Enough to employ the whole workforce for over two years.

 

[Rexx Taylor]

Did anyone else catch at least one Democrat guest on Fox bring up the 80 straight months of growth in the USA during the Obama Years?
Growth? Really? Over 90 Million People were out of work during the Obama years, unemployment was always around 10 to 15%, GDP was about 1.48% Under Obama, 8 years of never ending suffering.
And yet we just had a few rat commentators gloating of how the economy was booming during the Obama years?
You mean like the booming economy of,,Illinois, Connecticut, California, Rhode Island, New York, Newark, Baltimore and Ferguson?

Let's see wages go up on Trump's watch. Or let's see him have better growth.

If things were so bad last year show us numbers that say things are better. They're about the same. So Trump hasn't broke what Obama fixed.

Obama doubles the ENTIRE FUCKING NATIONAL DEBT IN JUST EIGHT YEARS, and leftists ignore this heinous tyrannical act. If they polled Americans, I wonder what percentage even know of this.

CRAZY!!!

pretty much all new jobs were actually being paid for ON BORROWED TRILLIONS !!!

 

[gipper]

Did anyone else catch at least one Democrat guest on Fox bring up the 80 straight months of growth in the USA during the Obama Years?
Growth? Really? Over 90 Million People were out of work during the Obama years, unemployment was always around 10 to 15%, GDP was about 1.48% Under Obama, 8 years of never ending suffering.
And yet we just had a few rat commentators gloating of how the economy was booming during the Obama years?
You mean like the booming economy of,,Illinois, Connecticut, California, Rhode Island, New York, Newark, Baltimore and Ferguson?

Let's see wages go up on Trump's watch. Or let's see him have better growth.

If things were so bad last year show us numbers that say things are better. They're about the same. So Trump hasn't broke what Obama fixed.

Obama doubles the ENTIRE FUCKING NATIONAL DEBT IN JUST EIGHT YEARS, and leftists ignore this heinous tyrannical act. If they polled Americans, I wonder what percentage even know of this.

CRAZY!!!

pretty much all new jobs were actually being paid for ON BORROWED TRILLIONS !!!

and yet few Americans have a fucking clue.

It sickens me.

 

[Rexx Taylor]

And who got most of the stimulus?,,,Democrat voters?

 

[Mac1958]

Obama’s Final Jobs Report Marks 75 Consecutive Months of Growth

Just not that tough to confirm.
.

Say, partisan hack.

Tell us all what the economy did after the democrats took control of the house and Senate in 2007, till they lost the house in 2010 and then lost the Senate in 2014.

Are you aware of the effects of the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation? Cause it was passed in December of 2000.

Do you know anything?

I'm in the business.

Are you?

Nice try at deflection there.


.

Yeah, you are an ignorant partisan hack.

Still waiting for you to explain what that Commodity Futures Modernization Act did.

How about who rewrote the Community Reinvestment Act which put pressure on banks to lend to low income neighborhoods.

So, the democrats took over congress in 2007, lost the house in 2010. Tell us what happened.

Get your fucking graph out you fucking hack. See what happened when the economy was under democrat majority control....2007 to 2010.

You stupid ignorant fucking hack.

You're so easily triggered.

Greenspan was begged to regulate swaps and derivatives like CMOs and CDOs and he steadfastly refused, even though he admitted he didn't understand them.

Ratings agencies were selling AAA ratings - Treasury-level - for CMOs and CDOs. You know, those cute little "securities" that fed the Meltdown.

There were zero (0) reserve requirements on swaps, so AIG was selling them to anyone with cash.

Investment banks were buying swaps on the very derivatives they were SELLING.

On and on.

I'll bet talk radio hasn't covered that, which would explain why you don't know it.
.

The magazine's story, which apportioned blame widely between such figures as Countrywide co-founder Angelo Mozilo, former Federal Reserve Chairman Alan Greenspan, former Lehman Brothers CEO Dick Fuld and President George W. Bush, zeroed in on two specific policy decisions made during the Clinton Administration. Clinton ushered out the Glass-Steagall Act, which for decades had separated commercial banking from investment banking, and signed the Commodity Futures Modernization Act — which exempted all derivatives, including the now notorious credit-default swaps, from federal regulation. His Administration also loosened housing rules, which put pressure on banks to lend in low-income neighborhoods.

Breaking News, Analysis, Politics, Blogs, News Photos, Video, Tech Reviews - TIME.com

You are a fucking hack.

I provide street-level specifics that you can't refute (and could provide many more), you provide talking points.

I'm in the business (and one of my brothers is as well), I know what happened, you're a talk radio parrot playing politics.

All you "know" is the propaganda. All you "see" is what conveniently fits your narrow and simplistic political narrative.

Case closed. Bitch and moan all you want.
.