The Economy Is In Deep Trouble

[Markle]

Maybe we should start claiming the REAL unemployment rate is 40 percent like the pseudocons used to when 92.6 million Americans were not in the labor force!

How many workers were added to the market during the time President Obama was in office.

Approximately 125,000 are added each month. Eight years, times 12 months times 125,000 equals 12,000,000 workers.

You're most welcome!

 

[g5000]

U.S.: real GDP growth by quarter 2011-2019 | Statista

Q4 11 was 4.7 percent. A figure Trump hasn't even approached.

Q2 14 was 5.5 percent. A figure Trump will never touch.

 

[Rambunctious]

Thanks to Obama, Donald Trump was born on third base, and the tard herd act like he hit a triple.

You keep posting this bullcrap while the economy gets better and better each day...you and your graphs and links are a joke.....

 

[The Original Tree]

Economy Grew at 1.9% Rate in Quarter, Hit by Trade Fight and Global Weakness

Dogged by uneasiness over trade frictions and weak global growth, the American economy’s growth inched lower over the summer.

Gross domestic product — the broadest measure of goods and services produced in the economy — grew at a 1.9 percent annual rate for the third quarter, according to preliminary data released by the Commerce Department on Wednesday.

There is something of a tug-of-war going on between consumers, who continue to spend, and businesses, which have sharply pulled back on investment.


What benchmark did Trump and the pseudocons set for a 1.9 percent GDP growth figure? Hmmmm...

"The economy is in deep trouble."



Remember every time the Obama Administration reported the unemployment rate was dropping month after month, year after year, the tard herd began screaming about the Labor Force Participation Rate?

Well, it still sucks, kids:

We don't care about The Russian Economy.

Where is your friend Mad Moscow Mueller these days?

It reveals much that all you tards have are red herrings, tu quoques, straw men and a whole basket of other logical fallacies.

Sad.

We Don't care about The Opinions of Trolls and Enemies of America.

Don't you have some Putin Pudding to serve your Dead Daddy Al Baghdadi, or are you too busy licking the Ayatollah's Assahollah to attend to your usual duties?

 

[SAYIT]

Trumps quote is from 2012, you idjits.

I once doubted they could be as STUPID as their posts reveal ... I do no longer.

 

[Dana7360]

the humongous tax cuts for the corporations can not be paid for without the 4% or so growth Trump and Republicans promised, no? right now we are borrowing the money to pay for the corporation's tax cut, yes?

Trillion dollar deficits. Caused by the tax cut and record spending.

That means Trump is WORSE than Obama. Which is really fucking hard to do!

It's not fair to put the bush boy's 1.4 trillion dollar deficit on Obama. Nor is it fair to put all of the spending to get us out of the mess the bush boy left behind on Obama too. The truth is Obama did what Clinton did. Raise taxes and lowered spending.

By the time Obama was finished, that historic bush boy 1.4 trillion dollar deficit was slashed down to 400 and something billion.

Saying that Obama was bad because he had to prevent another republican great depression isn't fair to do or correct.

I will remind people, the bush boy bailed out the banks and Wall Street with very few conditions. Obama came behind the bush boy and put conditions to that bailout from the Treasury. As long as they were under TARP bailout, executive salaries had a cap of 500 thousand dollars yearly and made stock options untouchable for at least two years. Obama bailed out the car companies. He put conditions on it. All that money to the car companies was a loan with interest. Capitalism. The car companies paid all of it back with the interest.

trump has not done that with farmers. He used socialism. What trump has done with socialism didn't work. Farms are going bankrupt in high numbers. Lives are being destroyed and the worst part, the money mostly went to big agribusiness and some even went to agribusiness in South America.

Obama used capitalism. It worked. The banks, wall street and car manufacturers recovered and paid back the loans with interest.

 

[Fort Fun Indiana]

Trumps quote is from 2012, you idjits.

And? Do you plan to squeeze something resembling a point out of that pointy head of yours?

 

[Fort Fun Indiana]

You keep posting this bullcrap while the economy gets better and better each day...you and your graphs and links are a joke.....

Haha...a PERFECT example of peak Trump cultism. Well done!

"Who needs your data! My orange god says the economy is great!"

 

[Rambunctious]

You keep posting this bullcrap while the economy gets better and better each day...you and your graphs and links are a joke.....

Haha...a PERFECT example of peak Trump cultism. Well done!

"Who needs your data! My orange god says the economy is great!"

You are an Orangist pig....

 

[Yarddog]

Economy Grew at 1.9% Rate in Quarter, Hit by Trade Fight and Global Weakness

Dogged by uneasiness over trade frictions and weak global growth, the American economy’s growth inched lower over the summer.

Gross domestic product — the broadest measure of goods and services produced in the economy — grew at a 1.9 percent annual rate for the third quarter, according to preliminary data released by the Commerce Department on Wednesday.

There is something of a tug-of-war going on between consumers, who continue to spend, and businesses, which have sharply pulled back on investment.


What benchmark did Trump and the pseudocons set for a 1.9 percent GDP growth figure? Hmmmm...

"The economy is in deep trouble."



Remember every time the Obama Administration reported the unemployment rate was dropping month after month, year after year, the tard herd began screaming about the Labor Force Participation Rate?

Well, it still sucks, kids:

Sure its in big trouble because the Democrats have spent the last three years trying to get rid of the newly elected president. makes it kind of harder to get things done.

 

[Dana7360]

imo the "problem" is we are still stuck in the reality of declining demand, and we've been there for decades going back to the 1990s. Each recovery is weaker. This time, before Trump, the fed didn't pull the QE rug out immediately, and we limped along with rather anemic growth. With Trump, McConnell justified his supply side tax cuts for the very wealthy on "4% growth." (choke choke, bwaahhhh) Neither party really had, or attempted, an answer. Obama was a friend of Wall St, despite his rhetoric, and the gop is literally run by criminals. (that's no comment on Russia or Ukraine gate)

But now, when we have another paper economy meltdown on bubble investment markets … what tools will the Fed still have?

The biggest reason why the recoveries have been weaker is because the people who actually spend money to drive our economy weren't the people who were actually getting enough money to do it. That problem started in the 80s. In that time people could use the equity in their homes as their ATMs to keep spending but even that wasn't enough. By the time Clinton was elected in 1992 the economy was on the verge of collapse. Which was the reason for "It's The Economy Stupid" was born.

The middle class and poor have not had a proper increase in wages since the 80s. The federal minimum wage has not been raised since the bush boy years. The only way some states have higher minimum wages is because the people voted for it by the ballot box.

While the wages, salaries, benefits and unearned income for those at the top increased and have continued to increase since the 80s while everyone else has stagnated.

It's gotten so bad that we now have people who work but still qualify for pubic assistance.

 

[Markle]

It's time to stop pointing fingers at the other guy when your guy is a colossal fuckup.

These criminal fuckers count on that kind of fucking hack partisan stupidity to keep getting away with their bullshit.

It's time to wake the fuck up.

It is time to start holding your team accountable. No more "B-b-b-b-b-but Obama" bullshit.

It is time to start putting your team's feet to the fire and make those fuckers scream.

Or you can keep on being a stupid willfully blind monkey.

Your call.

 

[g5000]

imo the "problem" is we are still stuck in the reality of declining demand, and we've been there for decades going back to the 1990s. Each recovery is weaker. This time, before Trump, the fed didn't pull the QE rug out immediately, and we limped along with rather anemic growth. With Trump, McConnell justified his supply side tax cuts for the very wealthy on "4% growth." (choke choke, bwaahhhh) Neither party really had, or attempted, an answer. Obama was a friend of Wall St, despite his rhetoric, and the gop is literally run by criminals. (that's no comment on Russia or Ukraine gate)

But now, when we have another paper economy meltdown on bubble investment markets … what tools will the Fed still have?

The biggest reason why the recoveries have been weaker is because the people who actually spend money to drive our economy weren't the people who were actually getting enough money to do it. That problem started in the 80s. In that time people could use the equity in their homes as their ATMs to keep spending but even that wasn't enough. By the time Clinton was elected in 1992 the economy was on the verge of collapse. Which was the reason for "It's The Economy Stupid" was born.

The middle class and poor have not had a proper increase in wages since the 80s. The federal minimum wage has not been raised since the bush boy years. The only way some states have higher minimum wages is because the people voted for it by the ballot box.

While the wages, salaries, benefits and unearned income for those at the top increased and have continued to increase since the 80s while everyone else has stagnated.

It's gotten so bad that we now have people who work but still qualify for pubic assistance.

I believe the biggest factor in why recoveries are more and more sluggish is because of the massive state, federal, and corporate debt overhang.

The federal debt is by far the biggest threat to the future of our Republic. So when a dipshit howls "MAGA!" and then proceeds to double the deficit and spend more money than even Obama did, I figure we're all fucked.

 

[g5000]

Economy Grew at 1.9% Rate in Quarter, Hit by Trade Fight and Global Weakness

Dogged by uneasiness over trade frictions and weak global growth, the American economy’s growth inched lower over the summer.

Gross domestic product — the broadest measure of goods and services produced in the economy — grew at a 1.9 percent annual rate for the third quarter, according to preliminary data released by the Commerce Department on Wednesday.

There is something of a tug-of-war going on between consumers, who continue to spend, and businesses, which have sharply pulled back on investment.


What benchmark did Trump and the pseudocons set for a 1.9 percent GDP growth figure? Hmmmm...

"The economy is in deep trouble."



Remember every time the Obama Administration reported the unemployment rate was dropping month after month, year after year, the tard herd began screaming about the Labor Force Participation Rate?

Well, it still sucks, kids:

Sure its in big trouble because the Democrats have spent the last three years trying to get rid of the newly elected president. makes it kind of harder to get things done.

Trump's complaints about Democrats stopping his agenda are BS since he had full control for two years. He can never take responsibility.

 

[The Purge]

Trump being impeached and Dow breaks through 27,800 this AM!!! BIG TROUBLE.

Wall Street Titan: Jamie Dimon: 'As Strong as the Rock of Gibraltar'

Nov 6, 2015 · Furthermore, the U.S. economy is strong...

OP is a slug, a saboteur and Anti-American.....plain and simple. He hates America!

 

[AzogtheDefiler]

Economy Grew at 1.9% Rate in Quarter, Hit by Trade Fight and Global Weakness

Dogged by uneasiness over trade frictions and weak global growth, the American economy’s growth inched lower over the summer.

Gross domestic product — the broadest measure of goods and services produced in the economy — grew at a 1.9 percent annual rate for the third quarter, according to preliminary data released by the Commerce Department on Wednesday.

There is something of a tug-of-war going on between consumers, who continue to spend, and businesses, which have sharply pulled back on investment.


What benchmark did Trump and the pseudocons set for a 1.9 percent GDP growth figure? Hmmmm...

"The economy is in deep trouble."



Remember every time the Obama Administration reported the unemployment rate was dropping month after month, year after year, the tard herd began screaming about the Labor Force Participation Rate?

Well, it still sucks, kids:

What is bigger? 1.9% of 100 or 1.9% of 50?

 

[Markle]

The middle class and poor have not had a proper increase in wages since the 80s. The federal minimum wage has not been raised since the bush boy years. The only way some states have higher minimum wages is because the people voted for it by the ballot box.

Why do you believe that someone working the same job, with the same responsibilities and the same production, should get a raise beyond inflation?

Raising the Federal minimum wage is stupid. You're saying that the same minimum wage in Panama City Florida has the same buying power as the same minimum wage in New York City.

If individual states or municipalities want to do that and destroy their economy, go for it!

 

[The Original Tree]

imo the "problem" is we are still stuck in the reality of declining demand, and we've been there for decades going back to the 1990s. Each recovery is weaker. This time, before Trump, the fed didn't pull the QE rug out immediately, and we limped along with rather anemic growth. With Trump, McConnell justified his supply side tax cuts for the very wealthy on "4% growth." (choke choke, bwaahhhh) Neither party really had, or attempted, an answer. Obama was a friend of Wall St, despite his rhetoric, and the gop is literally run by criminals. (that's no comment on Russia or Ukraine gate)

But now, when we have another paper economy meltdown on bubble investment markets … what tools will the Fed still have?

The biggest reason why the recoveries have been weaker is because the people who actually spend money to drive our economy weren't the people who were actually getting enough money to do it. That problem started in the 80s. In that time people could use the equity in their homes as their ATMs to keep spending but even that wasn't enough. By the time Clinton was elected in 1992 the economy was on the verge of collapse. Which was the reason for "It's The Economy Stupid" was born.

The middle class and poor have not had a proper increase in wages since the 80s. The federal minimum wage has not been raised since the bush boy years. The only way some states have higher minimum wages is because the people voted for it by the ballot box.

While the wages, salaries, benefits and unearned income for those at the top increased and have continued to increase since the 80s while everyone else has stagnated.

It's gotten so bad that we now have people who work but still qualify for pubic assistance.

I believe the biggest factor in why recoveries are more and more sluggish is because of the massive state, federal, and corporate debt overhang.

The federal debt is by far the biggest threat to the future of our Republic. So when a dipshit howls "MAGA!" and then proceeds to double the deficit and spend more money than even Obama did, I figure we're all fucked.

Democrat Socialist Agenda:

War on Poverty $23 Trillion
Medicare for All $54 Trillion
Free College $75 Billion a Year
Amnesty of All Illegal Aliens $150 Billion a Year
Guaranteed Income $21 Trillion
Green New Deal $93 Trillion

What was your point again, bunghole sniffer?

 

[AzogtheDefiler]

imo the "problem" is we are still stuck in the reality of declining demand, and we've been there for decades going back to the 1990s. Each recovery is weaker. This time, before Trump, the fed didn't pull the QE rug out immediately, and we limped along with rather anemic growth. With Trump, McConnell justified his supply side tax cuts for the very wealthy on "4% growth." (choke choke, bwaahhhh) Neither party really had, or attempted, an answer. Obama was a friend of Wall St, despite his rhetoric, and the gop is literally run by criminals. (that's no comment on Russia or Ukraine gate)

But now, when we have another paper economy meltdown on bubble investment markets … what tools will the Fed still have?

The biggest reason why the recoveries have been weaker is because the people who actually spend money to drive our economy weren't the people who were actually getting enough money to do it. That problem started in the 80s. In that time people could use the equity in their homes as their ATMs to keep spending but even that wasn't enough. By the time Clinton was elected in 1992 the economy was on the verge of collapse. Which was the reason for "It's The Economy Stupid" was born.

The middle class and poor have not had a proper increase in wages since the 80s. The federal minimum wage has not been raised since the bush boy years. The only way some states have higher minimum wages is because the people voted for it by the ballot box.

While the wages, salaries, benefits and unearned income for those at the top increased and have continued to increase since the 80s while everyone else has stagnated.

It's gotten so bad that we now have people who work but still qualify for pubic assistance.

I believe the biggest factor in why recoveries are more and more sluggish is because of the massive state, federal, and corporate debt overhang.

The federal debt is by far the biggest threat to the future of our Republic. So when a dipshit howls "MAGA!" and then proceeds to double the deficit and spend more money than even Obama did, I figure we're all fucked.

I agree the handling of the budget and healthcare under DJT has been very disappointing.

 

[g5000]

Trump being impeached and Dow breaks through 27,800 this AM!!! BIG TROUBLE.

Wall Street Titan: Jamie Dimon: 'As Strong as the Rock of Gibraltar'
View attachment 289791
Nov 6, 2015 · Furthermore, the U.S. economy is strong...

OP is a slug, a saboteur and Anti-American.....plain and simple. He hates America!

Jamie Dimon in 2016:

In a wide-ranging interview Monday with CNBC, the JPMorgan Chase chief contended that growth is faster than the data indicate, based on his observation of conditions. He said America’s future is bright, and he estimated that with the proper measures, gross domestic product could expand by 4 percent under the next president.

“What we see is a strong consumer,” Dimon said. “Asset prices are up, 13 million more people are working, wages are going up, household spending is up.” It all means, he said, that things are improving after years of lackluster growth.

Link

High praise for Obama, and a cheery outlook for the next president, who turned out to be Trump.

"He said America’s future is bright, and he estimated that with the proper measures, gross domestic product could expand by 4 percent under the next president."

Well, Trump sure fucked up. He didn't get the 4 percent Dimon said he could.