Trump boom - 2.3% growth for 2017, slowest job growth in 6 years

I have refuted that bogus excuse multiple times. The LFPR for younger workers has declined while it has actually increased for older ones.
All that shows is you are very gullible to swallow that BS.
LPR foe older workers goes up because more of them are retiring and thus leaving the workforce whereas more younger workers are entering the workforce for the first time.

No, that is not what it means. The LFPR for older workers is increasing because more of them are staying in the workforce.

You are clearly confused regarding the difference between the LFPR with the inverse of the Unemployment Rate.
 
Obama’s growth was 1.5 for 2016. Had it not been for Obama’s bad economy ruining the first quarter, you know like it was Bush’s fault, with 1.2 growth followed by 3%,3%, and 2.6%. Trump would most likely be close to 3%. Dems just can’t stand to see the president or Americans succeed.
 
Obama’s growth was 1.5 for 2016. Had it not been for Obama’s bad economy ruining the first quarter, you know like it was Bush’s fault, with 1.2 growth followed by 3%,3%, and 2.6%. Trump would most likely be close to 3%. Dems just can’t stand to see the president or Americans succeed.

You do know that Obama was a president for more than one year...right?

2017 was Obama economy, Trump did jack shit.

Weak Q1 followed by compensating mid year has been recurring theme in many years recently.
 
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The economy was already on the rebound before Obama was innaugurated.

You're full of shit, obviously.

iu

REBOUND to where?

Obama's expansionary policies created significant growth in second half 2009 through 2014 and this rebound would not be anywhere as good without them.

We also didn't have a double dip and Obama was the first president in a very long time to not hand off a recessionary economy to his successor.

Look at the chart, dumbass. Government spending never caused the economy to grow, and it never will.

Ignorant bullshit from a two bit politico.

As ANY economist will tell you, government’s fiscal and monetary policy ABSOLUTELY effects economic activity GDP measures.

For example It is right about impossible to spend 870 Billion into economy (especially recessionary economy) and not see significant near term GDP growth.
But somehow Obama did that.

How far down your asshole did you have to reach to pull out such rediculous fantasy?

Tell me, where do you THINK 870 Billion could disappear to without showing up in GDP numbers? Or do you just thoughtlessly repeat what you heard some other rightwinger assert?
yeah dipshit, he spent 1 trillion on a stimulus and it didn't do jack shit.
 
The OP is bitching about the slow 2.3% GDP but you claim Trump inherited Obama's economy. Ironic?

Trump promised his deregulation would create jobs, and make the economy grow at 4%, 5% maybe even 6%.

No jobs, in fact the rate of job creation under Trump is lower than under Obama. And those great GDP numbers haven't manifested themselves.

The Recession Officially Ended in 2009. Here's How It Happened.

Advance - Government spending propped up the economy, which contracted 1% -- the fourth contraction in a row and the fifth since the recession started in 2007. U.S. car sales are improving, and will further improve in Q3 with the Cash for Clunkers program. Government stimulus is propping up the economy and keeping this recession from turning into a depression.
Government spending does not "prop up" an economy. That's a leftwing myth.

Sent from my SM-G935P using USMessageBoard.com mobile app

Of course it does

When everyone else is pulling out of an economy, Government spending is all you have
 
REBOUND to where?

Obama's expansionary policies created significant growth in second half 2009 through 2014 and this rebound would not be anywhere as good without them.

We also didn't have a double dip and Obama was the first president in a very long time to not hand off a recessionary economy to his successor.

Look at the chart, dumbass. Government spending never caused the economy to grow, and it never will.

Ignorant bullshit from a two bit politico.

As ANY economist will tell you, government’s fiscal and monetary policy ABSOLUTELY effects economic activity GDP measures.

For example It is right about impossible to spend 870 Billion into economy (especially recessionary economy) and not see significant near term GDP growth.
But somehow Obama did that.

How far down your asshole did you have to reach to pull out such rediculous fantasy?

Tell me, where do you THINK 870 Billion could disappear to without showing up in GDP numbers? Or do you just thoughtlessly repeat what you heard some other rightwinger assert?
yeah dipshit, he spent 1 trillion on a stimulus and it didn't do jack shit.

Except stop a Depression
 
REBOUND to where?

Obama's expansionary policies created significant growth in second half 2009 through 2014 and this rebound would not be anywhere as good without them.

We also didn't have a double dip and Obama was the first president in a very long time to not hand off a recessionary economy to his successor.

Look at the chart, dumbass. Government spending never caused the economy to grow, and it never will.

Ignorant bullshit from a two bit politico.

As ANY economist will tell you, government’s fiscal and monetary policy ABSOLUTELY effects economic activity GDP measures.

For example It is right about impossible to spend 870 Billion into economy (especially recessionary economy) and not see significant near term GDP growth.
But somehow Obama did that.

How far down your asshole did you have to reach to pull out such rediculous fantasy?

Tell me, where do you THINK 870 Billion could disappear to without showing up in GDP numbers? Or do you just thoughtlessly repeat what you heard some other rightwinger assert?
yeah dipshit, he spent 1 trillion on a stimulus and it didn't do jack shit.

Retard, you have no clue what the economy would be like without stimulus, you just like to run your little politico mouth with zero understanding of economics.

"ACA passed and I didn't see Great Recession turn into Rainbows and Unicorns, therefore it did nothing, money musta disapead!" HERP DERP.
 
The LFPR for older workers is increasing because more of them are staying in the workforce.
That is, of course, a LIE! There are simply more boomers!
Once the boomers reached retirement age, the United States entered a sustained period in which the older population is growing at a rate that far outpaces that of the working-age population.
 
The economy grew at a 2.6 percent rate to end 2017, the Department of Commerce reported...For all of 2017, GDP growth was 2.3 percent

GDP growth slowed to 2.6 percent to end 2017


Dang! That Trump fella sure turned things around! :rolleyes:
Make sure that you give back your tax breaks to the government, because if you spend any of it, you will help President Trumps economy ROAR along like a Ferrari. And like good commies that you are, you sure as hell don't want President Trump to look that good, right?
Bwaaaahhhhaaahhhhaaaaaa. Just tooo fucking funny about you libtards, you just cant win....
As usual that made no sense..
 
The economy grew at a 2.6 percent rate to end 2017, the Department of Commerce reported...For all of 2017, GDP growth was 2.3 percent

GDP growth slowed to 2.6 percent to end 2017


Dang! That Trump fella sure turned things around! :rolleyes:
Make sure that you give back your tax breaks to the government, because if you spend any of it, you will help President Trumps economy ROAR along like a Ferrari. And like good commies that you are, you sure as hell don't want President Trump to look that good, right?
Bwaaaahhhhaaahhhhaaaaaa. Just tooo fucking funny about you libtards, you just cant win....
As usual that made no sense..
As usual, i don't expect you to get it....Even at the 5th grade level , you cant figure out you have been played the fool. He is a genius..
 
The LFPR for older workers is increasing because more of them are staying in the workforce.
That is, of course, a LIE! There are simply more boomers!
Once the boomers reached retirement age, the United States entered a sustained period in which the older population is growing at a rate that far outpaces that of the working-age population.
Why is it, that the Social Security is always in threat of going bankrupt, where working people are FORCED to put money in, yet Welfare is never in jeopardy? Is it because establishment pukes want to scare the begeezus out of the old, while the fucking worthless poor who don't contribute have nothing to lose in the first place? You betcha...
 
Obama’s growth was 1.5 for 2016. Had it not been for Obama’s bad economy ruining the first quarter, you know like it was Bush’s fault, with 1.2 growth followed by 3%,3%, and 2.6%. Trump would most likely be close to 3%. Dems just can’t stand to see the president or Americans succeed.
we love Americas success What we don't like is the POS in the WH taking credit anytime something good happens Example companies earnings where 80% so far beat WTF did that ah have to do with that?
 
Look at the chart, dumbass. Government spending never caused the economy to grow, and it never will.

Ignorant bullshit from a two bit politico.

As ANY economist will tell you, government’s fiscal and monetary policy ABSOLUTELY effects economic activity GDP measures.

For example It is right about impossible to spend 870 Billion into economy (especially recessionary economy) and not see significant near term GDP growth.
But somehow Obama did that.

How far down your asshole did you have to reach to pull out such rediculous fantasy?

Tell me, where do you THINK 870 Billion could disappear to without showing up in GDP numbers? Or do you just thoughtlessly repeat what you heard some other rightwinger assert?
yeah dipshit, he spent 1 trillion on a stimulus and it didn't do jack shit.

Except stop a Depression
wow you really believe that?
 
Ignorant bullshit from a two bit politico.

As ANY economist will tell you, government’s fiscal and monetary policy ABSOLUTELY effects economic activity GDP measures.

For example It is right about impossible to spend 870 Billion into economy (especially recessionary economy) and not see significant near term GDP growth.
But somehow Obama did that.

How far down your asshole did you have to reach to pull out such rediculous fantasy?

Tell me, where do you THINK 870 Billion could disappear to without showing up in GDP numbers? Or do you just thoughtlessly repeat what you heard some other rightwinger assert?
yeah dipshit, he spent 1 trillion on a stimulus and it didn't do jack shit.

Except stop a Depression
wow you really believe that?
You don't??? Ask an economist
 
Ignorant bullshit from a two bit politico.

As ANY economist will tell you, government’s fiscal and monetary policy ABSOLUTELY effects economic activity GDP measures.

For example It is right about impossible to spend 870 Billion into economy (especially recessionary economy) and not see significant near term GDP growth.
But somehow Obama did that.

How far down your asshole did you have to reach to pull out such rediculous fantasy?

Tell me, where do you THINK 870 Billion could disappear to without showing up in GDP numbers? Or do you just thoughtlessly repeat what you heard some other rightwinger assert?
yeah dipshit, he spent 1 trillion on a stimulus and it didn't do jack shit.

Except stop a Depression
wow you really believe that?

Read it and weep

gdp_recov.png
 
Obama Saved Us From a Great Depression | RealClearMarkets

In the first quarter of 2009, as Obama was moving into the White House, monthly job losses averaged 772,000. The ultimate decline in employment was 8.7 million jobs, or 6.3%. Housing prices and stock values were collapsing. From their peak in February 2007 to their low point, housing prices dropped 26%. Millions of homeowners were "underwater" - their houses were worth less than the mortgages on them. Stock prices fell roughly by half from August 2007 to March 2009.

There was no guarantee that the economy's downward spiral wouldn't continue, as frightened businesses and consumers curbed spending, and, in the process, increased unemployment. The CEA presents a series of charts comparing the 2008-09 slump with the Great Depression. In every instance, the 2008-09 downturn was as bad as - or worse than - the first year of the Great Depression: employment loss, drop in global trade and change in households' net worth.
 
Obama Saved Us From a Great Depression | RealClearMarkets

In the first quarter of 2009, as Obama was moving into the White House, monthly job losses averaged 772,000. The ultimate decline in employment was 8.7 million jobs, or 6.3%. Housing prices and stock values were collapsing. From their peak in February 2007 to their low point, housing prices dropped 26%. Millions of homeowners were "underwater" - their houses were worth less than the mortgages on them. Stock prices fell roughly by half from August 2007 to March 2009.

There was no guarantee that the economy's downward spiral wouldn't continue, as frightened businesses and consumers curbed spending, and, in the process, increased unemployment. The CEA presents a series of charts comparing the 2008-09 slump with the Great Depression. In every instance, the 2008-09 downturn was as bad as - or worse than - the first year of the Great Depression: employment loss, drop in global trade and change in households' net worth.
now look what you went and did You spoiled all the repub sheeps day You should know better Repubs don't like facts
 
The LFPR for older workers is increasing because more of them are staying in the workforce.
That is, of course, a LIE! There are simply more boomers!
Once the boomers reached retirement age, the United States entered a sustained period in which the older population is growing at a rate that far outpaces that of the working-age population.

Wrong again, bub.

Millennials have surpassed Baby Boomers as the nation’s largest living generation, according to population estimates released this month by the U.S. Census Bureau. Millennials, whom we define as those ages 18-34 in 2015, now number 75.4 million, surpassing the 74.9 million Baby Boomers (ages 51-69). And Generation X (ages 35-50 in 2015) is projected to pass the Boomers in population by 2028.

Millennials overtake Baby Boomers as America’s largest generation
 
The LFPR for older workers is increasing because more of them are staying in the workforce.
That is, of course, a LIE! There are simply more boomers!
Once the boomers reached retirement age, the United States entered a sustained period in which the older population is growing at a rate that far outpaces that of the working-age population.
Why is it, that the Social Security is always in threat of going bankrupt, where working people are FORCED to put money in, yet Welfare is never in jeopardy? Is it because establishment pukes want to scare the begeezus out of the old, while the fucking worthless poor who don't contribute have nothing to lose in the first place? You betcha...


I suggest you look at the trending for the ratio of taxpayers to SS recipients, and then read a recent audit report.

Audit Reports | Office of the Inspector General, SSA
 
But somehow Obama did that.

How far down your asshole did you have to reach to pull out such rediculous fantasy?

Tell me, where do you THINK 870 Billion could disappear to without showing up in GDP numbers? Or do you just thoughtlessly repeat what you heard some other rightwinger assert?
yeah dipshit, he spent 1 trillion on a stimulus and it didn't do jack shit.

Except stop a Depression
wow you really believe that?

Read it and weep

gdp_recov.png

Your chart shows the recovery started before the recovery act became law, dumbass.
 

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