Guess Jamie wised up after the disaster of the Surrender Monkey never getting under 4% unemployed!....and he still has 5 years to get it!!!Unlike the Obomanation!
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The Economy Is In Deep Trouble
- Thread starter g5000
- Start date
- Nov 26, 2011
- 123,665
- 58,073
- 2,290
- Thread starter
- #102
Wow. It's almost as if post 34 was written just for a willfully blind monkey like you!Democrat Socialist Agenda:I believe the biggest factor in why recoveries are more and more sluggish is because of the massive state, federal, and corporate debt overhang.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.
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.
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?
- Nov 26, 2011
- 123,665
- 58,073
- 2,290
- Thread starter
- #103
Hey dumbass. Did Trump start with a 10 percent unemployment rate like Obama did?Guess Jamie wised up after the disaster of the Surrender Monkey never getting under 4% unemployed!....and he still has 5 years to get it!!!Unlike the Obomanation!Jamie Dimon in 2016: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!
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.
Like I keep saying. Trump was elected on third base and you retards think he hit a triple.
When you start high it is easier to go lower....any first year math student knows that!.....lowest unemployment in 50 years lowest BLACK UNEMPLOYMENT EVER....AND WHERE WAS THE MAGIC NEGRO????Hey dumbass. Did Trump start with a 10 percent unemployment rate like Obama did?Guess Jamie wised up after the disaster of the Surrender Monkey never getting under 4% unemployed!....and he still has 5 years to get it!!!Unlike the Obomanation!Jamie Dimon in 2016: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!
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.
Like I keep saying. Trump was elected on third base and you retards think he hit a triple.
- Nov 26, 2011
- 123,665
- 58,073
- 2,290
- Thread starter
- #105
Obama did all the heavy lifting.When you start high it is easier to go lower....any first year math student knows that!.....lowest unemployment in 50 years lowest BLACK UNEMPLOYMENT EVER....AND WHERE WAS THE MAGIC NEGRO????Hey dumbass. Did Trump start with a 10 percent unemployment rate like Obama did?Guess Jamie wised up after the disaster of the Surrender Monkey never getting under 4% unemployed!....and he still has 5 years to get it!!!Unlike the Obomanation!Jamie Dimon in 2016: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!
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.
Like I keep saying. Trump was elected on third base and you retards think he hit a triple.
Trump was elected on third base and you tards think he hit a triple.
The Original Tree
Diamond Member
Why do Facts make you SHIT YOUR PANTS?Wow. It's almost as if post 34 was written just for a willfully blind monkey like you!Democrat Socialist Agenda:I believe the biggest factor in why recoveries are more and more sluggish is because of the massive state, federal, and corporate debt overhang.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.
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.
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?
- Nov 26, 2011
- 123,665
- 58,073
- 2,290
- Thread starter
- #107
I've buried you with facts. That's why you can only stutter, "B-b-b-b-b-but Obama" and toss out red herrings, tu quoques, straw men, and all the usual logical fallacies of the pseudocon tard.Why do Facts make you SHIT YOUR PANTS?Wow. It's almost as if post 34 was written just for a willfully blind monkey like you!Democrat Socialist Agenda:I believe the biggest factor in why recoveries are more and more sluggish is because of the massive state, federal, and corporate debt overhang.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.
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.
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?
Obama did all the heavy lifting.When you start high it is easier to go lower....any first year math student knows that!.....lowest unemployment in 50 years lowest BLACK UNEMPLOYMENT EVER....AND WHERE WAS THE MAGIC NEGRO????Hey dumbass. Did Trump start with a 10 percent unemployment rate like Obama did?Guess Jamie wised up after the disaster of the Surrender Monkey never getting under 4% unemployed!....and he still has 5 years to get it!!!Unlike the Obomanation!Jamie Dimon in 2016: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!
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.
Like I keep saying. Trump was elected on third base and you retards think he hit a triple.
Trump was elected on third base and you tards think he hit a triple.
He spent a lot for sure and by 2015 people were pricing in a new POTUS. It really dipped in 2016 and beyond because a business friendly person won.
27800!!!!! In 3 years the Surrender Monkey had 8 years and couldn't come close to Trump's achievements!!!!!Obama did all the heavy lifting.When you start high it is easier to go lower....any first year math student knows that!.....lowest unemployment in 50 years lowest BLACK UNEMPLOYMENT EVER....AND WHERE WAS THE MAGIC NEGRO????Hey dumbass. Did Trump start with a 10 percent unemployment rate like Obama did?Guess Jamie wised up after the disaster of the Surrender Monkey never getting under 4% unemployed!....and he still has 5 years to get it!!!Unlike the Obomanation!Jamie Dimon in 2016: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!
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.
Like I keep saying. Trump was elected on third base and you retards think he hit a triple.
Trump was elected on third base and you tards think he hit a triple.
- Nov 26, 2011
- 123,665
- 58,073
- 2,290
- Thread starter
- #111
The Dow hit record highs all during Obama's tenure. Not once did you tards tart a topic to praise him for it.27800!!!!! In 3 years the Surrender Monkey had 8 years and couldn't come close to Trump's achievements!!!!!Obama did all the heavy lifting.When you start high it is easier to go lower....any first year math student knows that!.....lowest unemployment in 50 years lowest BLACK UNEMPLOYMENT EVER....AND WHERE WAS THE MAGIC NEGRO????Hey dumbass. Did Trump start with a 10 percent unemployment rate like Obama did?Guess Jamie wised up after the disaster of the Surrender Monkey never getting under 4% unemployed!....and he still has 5 years to get it!!!Unlike the Obomanation!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.
Like I keep saying. Trump was elected on third base and you retards think he hit a triple.
Trump was elected on third base and you tards think he hit a triple.
How DO you stand the stench of your own hypocrisy?
Another one who thinks the stock market is the economy.27800!!!!! In 3 years the Surrender Monkey had 8 years and couldn't come close to Trump's achievements!!!!!Obama did all the heavy lifting.When you start high it is easier to go lower....any first year math student knows that!.....lowest unemployment in 50 years lowest BLACK UNEMPLOYMENT EVER....AND WHERE WAS THE MAGIC NEGRO????Hey dumbass. Did Trump start with a 10 percent unemployment rate like Obama did?Guess Jamie wised up after the disaster of the Surrender Monkey never getting under 4% unemployed!....and he still has 5 years to get it!!!Unlike the Obomanation!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.
Like I keep saying. Trump was elected on third base and you retards think he hit a triple.
Trump was elected on third base and you tards think he hit a triple.
1.9%.
.
Well, I've talked about that on this forum before, actually. I've pointed out many times that worker productivity has exploded, and that we are actually manufacturing more stuff than ever.
It takes less people to make more stuff.
So it seems to me that a 30 hour work week is one of the answers to this problem.
Another answer is that we have to retool our educational system to train our kids for the jobs of tomorrow. This is an emergency.
As you know, production is up because of automation, computers, and robots.
If someone wants a part-time job (30 hours) that's fine, just so they expect 75% of the salary and benefits.
Yes, our educational system does need to be revamped. Not everyone should go to college. We need to encourage more kids to become finished carpenters, auto mechanics, plumbers, electricians.
- Nov 26, 2011
- 123,665
- 58,073
- 2,290
- Thread starter
- #114
The Dow on January 20, 2009: 7,550.29
The Dow in November 2011: 11,796
That's after DIVING down to 6626 due to the economy falling off a cliff as Obama took office.
Anyway, at this point in time in Obama's presidency, the Dow had climbed 56 percent.
The Dow on January 20, 2017: 19,827.25
The Dow today: 27,761.98
Trump's Dow has climbed only 40 percent.
Once again, the pseudocons are bitch slapped by their own standards.
MAGA!
The Dow in November 2011: 11,796
That's after DIVING down to 6626 due to the economy falling off a cliff as Obama took office.
Anyway, at this point in time in Obama's presidency, the Dow had climbed 56 percent.
The Dow on January 20, 2017: 19,827.25
The Dow today: 27,761.98
Trump's Dow has climbed only 40 percent.
Once again, the pseudocons are bitch slapped by their own standards.
MAGA!
I'm not a vindictive person usually ,but I must say I'd love seeing all republicans here lose their jobs and go bankruptEverywhere I look I see the best economy in my lifetime. Markets up. Unemployment is down. Christmas is coming...
Democrats are praying for a recession
Democrats are praying for pain for Americans
Don't be a Democrat...
Then they can blame Obama
- Nov 26, 2011
- 123,665
- 58,073
- 2,290
- Thread starter
- #116
I'm saying a full time job will be 30 hours. That will become the standard.Well, I've talked about that on this forum before, actually. I've pointed out many times that worker productivity has exploded, and that we are actually manufacturing more stuff than ever.
It takes less people to make more stuff.
So it seems to me that a 30 hour work week is one of the answers to this problem.
Another answer is that we have to retool our educational system to train our kids for the jobs of tomorrow. This is an emergency.
As you know, production is up because of automation, computers, and robots.
If someone wants a part-time job (30 hours) that's fine, just so they expect 75% of the salary and benefits.
Yes, our educational system does need to be revamped. Not everyone should go to college. We need to encourage more kids to become finished carpenters, auto mechanics, plumbers, electricians.
- Nov 26, 2011
- 123,665
- 58,073
- 2,290
- Thread starter
- #117
Oh, trust me. They'll find a way.I'm not a vindictive person usually ,but I must say I'd love seeing all republicans here lose their jobs and go bankruptEverywhere I look I see the best economy in my lifetime. Markets up. Unemployment is down. Christmas is coming...
Democrats are praying for a recession
Democrats are praying for pain for Americans
Don't be a Democrat...
Then they can blame Obama
Crixus
Gold Member
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:
Damn it, and there I went and sold my AR-15, gave away all the ammo, as well as the MRE's. Dang.
BluesLegend
Diamond Member
The Economy Is In Deep Trouble
^^^ more fake news and Dem propaganda. I swear you lowlifes on the left pray for economic disaster just so you can win a damn election.
- Nov 26, 2011
- 123,665
- 58,073
- 2,290
- Thread starter
- #120
According to Donald Trump's own proclamation, a 1.9 percent GDP growth signals "the economy is in deep trouble".The Economy Is In Deep Trouble
^^^ more fake news and Dem propaganda. I swear you lowlifes on the left pray for economic disaster just so you can win a damn election.
I'm sorry that bitch slaps you, but it's what the man said.
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