You Can't Make This Stuff Up!

[PoliticalChic]

Go ahead and post any economic indicator chart or graph or whatever over the last 10 years .

I challenge you . Pick anyone you want ! Anyone !

You trump cultists think the US was a mess until the day Don walked into office .

Here ya' go....


1... in today’s recovery — the slowest in the modern era going back to 1947 — private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery. Big Business Swings Behind a Mantra of Growth - The New York Sun


2. Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama
Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama

["BET Founder: Trump’s economy bringing black workers back into the workforce"

BET Founder: Trump's economy bringing black workers back into the workforce]




3. . "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.
Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession


4. . In a stunning Tuesday report, Gallup CEO and Chairman Jim Clifton revealed that “for the first time in 35 years, American business deaths now outnumber business births.”Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake” that only stands to worsen as lagging U.S. Census data becomes available.
“Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses,” writes Clifton."Economic Death Spiral: More American Businesses Dying Than Starting - Breitbart


5. "Surprise: U.S. Economic Data Have Been the World's Most Disappointing
It's not only the just-released University of Michigan consumer confidence report and February retail sales on Thursday that surprised economists and investors with another dose of underwhelming news. Overall, U.S. economic data have been falling short of prognosticators' expectations by the most in six years." Surprise: U.S. Economic Data Have Been the World's Most Disappointing

6. . "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.”
The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." Realizing The Super Bowl Of American Economic Growth



7. "Even if you leave out the first quarter of 2009—when the recession that started in December 2007 was still ongoing--President Barack Obama has presided over the lowest average first-quarter GDP growth of any president who has served since 1947, which is the earliest year for which the Bureau of Economic Analysis has calculated quarterly GDP growth. " http://www.cnsnews.com/blog/terence...-obama-has-lowest-average-1stq-gdp-growth-any


8. The Obama Administration is aggressively exploiting regulation to achieve its policy agenda, issuing 157 new major rules at a cost to Americans approaching $73 billion annually....twice the annual average of his predecessor George W. Bush. And much more regulation is on the way, with another 125 major rules on the Administration’s to-do list, including dozens linked to the Dodd–Frank financial regulation law and the Patient Protection and Affordable Care Act, known as Obamacare. Red Tape Rising: Five Years of Regulatory Expansion


9. . "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.

The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.

“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..." http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0


10. . "Obamacare health insurance co-ops surged past the $1 billion mark in losses this week, making history of sorts.The insolvencies, totaling $1.36 billion, mean that the co-ops have burned through more than half of the original $2 billion appropriatedin 2010 for the program under the Affordable Care Act. The funds were loaned to the start-up co-ops in 2012 and were to be repaid in 15 years, according to the Centers for Medicare and Medicaid Services, which manages Obamacare.


...13 of the 23 federally-financed Obamacare co-ops have officially failed in only two years. Most are in the process of default as insurance regulators attempt to pay customer’s medical bills, cover medical providers and pay other creditors.
Obamacare Co-Op Mess Causes $1.3 Billion In Losses


11. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion | Investor's Business Daily

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth."Hedge fund billionaire calls Obama economy 'amazing'



12. ".... calculating how much the debt increased during Obama's two terms. On January 20, 2009, when he was sworn in, the debt was $10.626 trillion. On January 20, 2017, it was $19.947 trillion. That's why most people say Obama added $9 trillion to the debt, more than any other president."
How Much Did Obama Add to the Nation's Debt?





Soooo.....when did you begin enjoying eating crow????

 

[Natural Citizen]

My dollars are worth a buck!

Yeah, a 4 cent buck. Come on, Toddster. I know you understand this stuff. The definition of inflation is the surplus of money and credit. This practice has debased our dollar out of existence over time. In less than five decades, actually. That's fast.

Whatever, though. I'm kind of tired repeating it. It's funny, really.

 

[bodecea]

Having accomplished the miraculous ability of being a stuffed shirt and and empty suit at the very same time, Hussein Obama actually believes he is responsible for the astounding turn-around in the economy since he was banished.




Obama, leaving this record behind....

1.“Team Obama: Sorry, America, the ‘new normal’ may be here to stay

The good times may be over for good. In a speech to the Economic Club of New York yesterday, US Treasury Secretary Jack Lew said the US GDP growth rate, adjusted for inflation, is now projected to run a little above 2% a year.”
Team Obama: Sorry, America, the 'new normal' may be here to stay - AEI




2. "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.

The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.

“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..." http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0




3. . Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion | Investor's Business Daily

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth."Hedge fund billionaire calls Obama economy 'amazing'






4. Now....a headline that might as well belong in the Humor forum:

"Obama Complains About Trump Taking Credit for Strong Economy"
Obama Complains About Trump Taking Credit for Strong Economy


5. Here, Obama Complaining:

Still can't quit Former President Obama, I see.

 

[Timmy]

Go ahead and post any economic indicator chart or graph or whatever over the last 10 years .

I challenge you . Pick anyone you want ! Anyone !

You trump cultists think the US was a mess until the day Don walked into office .

Here ya' go....


1... in today’s recovery — the slowest in the modern era going back to 1947 — private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery. Big Business Swings Behind a Mantra of Growth - The New York Sun


2. Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama
Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama

["BET Founder: Trump’s economy bringing black workers back into the workforce"

BET Founder: Trump's economy bringing black workers back into the workforce]




3. . "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.
Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession


4. . In a stunning Tuesday report, Gallup CEO and Chairman Jim Clifton revealed that “for the first time in 35 years, American business deaths now outnumber business births.”Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake” that only stands to worsen as lagging U.S. Census data becomes available.
“Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses,” writes Clifton."Economic Death Spiral: More American Businesses Dying Than Starting - Breitbart


5. "Surprise: U.S. Economic Data Have Been the World's Most Disappointing
It's not only the just-released University of Michigan consumer confidence report and February retail sales on Thursday that surprised economists and investors with another dose of underwhelming news. Overall, U.S. economic data have been falling short of prognosticators' expectations by the most in six years." Surprise: U.S. Economic Data Have Been the World's Most Disappointing

6. . "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.”
The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." Realizing The Super Bowl Of American Economic Growth



7. "Even if you leave out the first quarter of 2009—when the recession that started in December 2007 was still ongoing--President Barack Obama has presided over the lowest average first-quarter GDP growth of any president who has served since 1947, which is the earliest year for which the Bureau of Economic Analysis has calculated quarterly GDP growth. " http://www.cnsnews.com/blog/terence...-obama-has-lowest-average-1stq-gdp-growth-any


8. The Obama Administration is aggressively exploiting regulation to achieve its policy agenda, issuing 157 new major rules at a cost to Americans approaching $73 billion annually....twice the annual average of his predecessor George W. Bush. And much more regulation is on the way, with another 125 major rules on the Administration’s to-do list, including dozens linked to the Dodd–Frank financial regulation law and the Patient Protection and Affordable Care Act, known as Obamacare. Red Tape Rising: Five Years of Regulatory Expansion


9. . "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.

The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.

“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..." http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0


10. . "Obamacare health insurance co-ops surged past the $1 billion mark in losses this week, making history of sorts.The insolvencies, totaling $1.36 billion, mean that the co-ops have burned through more than half of the original $2 billion appropriatedin 2010 for the program under the Affordable Care Act. The funds were loaned to the start-up co-ops in 2012 and were to be repaid in 15 years, according to the Centers for Medicare and Medicaid Services, which manages Obamacare.


...13 of the 23 federally-financed Obamacare co-ops have officially failed in only two years. Most are in the process of default as insurance regulators attempt to pay customer’s medical bills, cover medical providers and pay other creditors.
Obamacare Co-Op Mess Causes $1.3 Billion In Losses


11. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion | Investor's Business Daily

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth."Hedge fund billionaire calls Obama economy 'amazing'



12. ".... calculating how much the debt increased during Obama's two terms. On January 20, 2009, when he was sworn in, the debt was $10.626 trillion. On January 20, 2017, it was $19.947 trillion. That's why most people say Obama added $9 trillion to the debt, more than any other president."
How Much Did Obama Add to the Nation's Debt?





Soooo.....when did you begin enjoying eating crow????

Eat crow ? Your gibberish is nothing like I asked for .

How hard is it to find a 10 years spanning economic graph???

 

[Natural Citizen]

How hard is it to find a 10 years spanning economic graph???

The most telling graph of all is the graph that shows wage stagnation. Meaning - when it started and who the winners were before the change of monetary policy vs who the winners were/are after the change in monetary policy.

The stats completely flip-flopped. Before 1971 the 1 percent was doing lousy and the working class was doing great. The working class had purchasing power. After 1971, however, that changed and the 1 percenters took off while the working class wages became stagnant and they lost and continue to lose purchasing power. Aka, that 4 cent dollar.

 

[Vastator]

Not sure I understand the cartoon...
On one hand one might simply surmise that trump broke the chain, allowing our economy to soar...
However... The tool in his hand is designed to close a ring, like one would use to bind a chain; suggesting he was trying to tether our economy, to the anchor of taxes...
Not sure what the artist is getting at...

Are you serious?

Well, yes. The tool in Trumps hand would throw anyone off.

 

[DrLove]

Yawn - Correct ..
I can't but you SPECIALIZE in making shit up!!

 

[Erinwltr]

TRUMP: “We’re having the best economy we’ve ever had in the history of our country.” — remarks in Granite City, Illinois.

THE FACTS: Even allowing for some Trumpian exaggeration, this overstates things.

The unemployment rate is near a 40-year low and growth is solid, but by many measures the current economy trails other periods in U.S. history. Average hourly pay, before adjusting for inflation, is rising at about a 2.5 percent annual rate, below the 4 percent level reached in the late 1990s when the unemployment rate was as low as it is now.

Pay was growing even faster in the late 1960s, when the jobless rate remained below 4 percent for nearly four years. And economic growth topped 4 percent for three full years from 1998 through 2000, an annual rate it hasn’t touched since.

___

TRUMP, on GDP figures: “On Friday, the numbers come out, and I don’t know what they are, but there are predictions from 3.8 to 5.3. … Nobody thought we were going to be this great. … When I took over, those numbers were bad, and they were heading in the wrong direction, because of regulation. Really the taxes were too high … jobs were, forget it.” — remarks at workforce event in Peosta, Iowa.

THE FACTS: Economists do expect a strong number for growth in the April-June quarter, but it is likely to be a temporary bounce. And the U.S. economy wasn’t doing nearly as bad before Trump took office as he suggests.

Few economists doubted that growth could accelerate after the Trump administration’s tax cuts were passed last year, and Congress approved a big increase in government spending earlier this year.

But the skepticism Trump describes centers on whether the second quarter’s outsize growth can be sustained. The economy faces two significant structural drags: an aging population, which means fewer people are working and more are retired, and weak productivity growth, which means that those who are working aren’t increasing their output as quickly as in the past.



Trump’s tax cuts can stimulate faster growth by putting more money in people’s pockets, but most economists expect the effect will be temporary, as those two trends act like gravity and pull the economy’s longer-term growth lower.

When the Commerce Department releases the growth figures for the April-June quarter Friday morning, economists forecast they will show the economy expanded at a 4.1 percent annual rate, according to data provider FactSet. Some analysts have said the figure could reach as high as 5 percent.

Americans have ramped up their spending after cutting back in the first three months of the year, encouraged by tax cuts that have left more money in their pockets. Yet the tax cuts provide a one-time lift to take-home pay and will likely have less impact next year, analysts say.

A large, temporary surge in agricultural exports, specifically soybeans, should also juice growth in the second quarter. Exports of U.S. soybeans soared as companies sought to ship them to China before that country slapped tariffs on them in retaliation for U.S. tariffs on Chinese goods. Daniel Silver, an economist at JPMorgan Chase, forecast that soybean exports alone likely boosted GDP by 0.5 percentage point in the second quarter.

Many economists forecast growth will drop back to roughly 2.5 percent to 3 percent in the third quarter.

For the year, the economy is likely to expand at a 3 percent pace or more for the first time since 2005. But most economists forecast it will fall back below 3 percent soon afterward.

It’s not unusual for the economy to surge forward temporarily. Growth reached 5.2 percent in the third quarter of 2014, before falling back to 2 percent in the next quarter.

Growth also wasn’t as bad when he took office as Trump claims. The economy expanded 2.9 percent in 2015, though it slowed the following year. Businesses added 2.3 million jobs in 2016, before Trump took office, more than the 2.2 million gained in 2017.

___

TRUMP: “The Canadians, you have a totally closed market … they have a 375 percent tax on dairy products, other than that it’s wonderful to deal. And we have a very big deficit with Canada, a trade deficit.” — remarks in Peosta, Iowa.

THE FACTS: No, it’s not totally closed. Because of the North American Free Trade Agreement, Canada’s market is almost totally open to the United States. Each country has a few products that are still largely protected, such as dairy in Canada and sugar in the United States.

Trump also repeated his claim that the U.S. has a trade deficit with Canada, but that is true only in goods. When services are included, such as insurance, tourism, and engineering, the U.S. had a $2.8 billion surplus with Canada last year.

She does not read facts.

 

[Erinwltr]

In you go.

 

[Natural Citizen]

She does not read facts.

The problem is that the facts serve only as a reflection of the distortion in the market. To her credit she does not know this. And that's okay. We can't blame people for not knowing.

Unless people are studying economic theory and monetary policy, the nonsensical political football game between the red helmets and the blue helmets will continue to dominate the narrative, ultimately burying any discussion about the root problem. And the root problem, btw, has been a bipartisan venture over time.

 

[konradv]

Apparently, if you're Trump, you can make things up.

Trump inauguration crowd photos were edited after he intervened

 

[Marion Morrison]

TRUMP: “We’re having the best economy we’ve ever had in the history of our country.” — remarks in Granite City, Illinois.

THE FACTS: Even allowing for some Trumpian exaggeration, this overstates things.

The unemployment rate is near a 40-year low and growth is solid, but by many measures the current economy trails other periods in U.S. history. Average hourly pay, before adjusting for inflation, is rising at about a 2.5 percent annual rate, below the 4 percent level reached in the late 1990s when the unemployment rate was as low as it is now.

Pay was growing even faster in the late 1960s, when the jobless rate remained below 4 percent for nearly four years. And economic growth topped 4 percent for three full years from 1998 through 2000, an annual rate it hasn’t touched since.

___

TRUMP, on GDP figures: “On Friday, the numbers come out, and I don’t know what they are, but there are predictions from 3.8 to 5.3. … Nobody thought we were going to be this great. … When I took over, those numbers were bad, and they were heading in the wrong direction, because of regulation. Really the taxes were too high … jobs were, forget it.” — remarks at workforce event in Peosta, Iowa.

THE FACTS: Economists do expect a strong number for growth in the April-June quarter, but it is likely to be a temporary bounce. And the U.S. economy wasn’t doing nearly as bad before Trump took office as he suggests.

Few economists doubted that growth could accelerate after the Trump administration’s tax cuts were passed last year, and Congress approved a big increase in government spending earlier this year.

But the skepticism Trump describes centers on whether the second quarter’s outsize growth can be sustained. The economy faces two significant structural drags: an aging population, which means fewer people are working and more are retired, and weak productivity growth, which means that those who are working aren’t increasing their output as quickly as in the past.



Trump’s tax cuts can stimulate faster growth by putting more money in people’s pockets, but most economists expect the effect will be temporary, as those two trends act like gravity and pull the economy’s longer-term growth lower.

When the Commerce Department releases the growth figures for the April-June quarter Friday morning, economists forecast they will show the economy expanded at a 4.1 percent annual rate, according to data provider FactSet. Some analysts have said the figure could reach as high as 5 percent.

Americans have ramped up their spending after cutting back in the first three months of the year, encouraged by tax cuts that have left more money in their pockets. Yet the tax cuts provide a one-time lift to take-home pay and will likely have less impact next year, analysts say.

A large, temporary surge in agricultural exports, specifically soybeans, should also juice growth in the second quarter. Exports of U.S. soybeans soared as companies sought to ship them to China before that country slapped tariffs on them in retaliation for U.S. tariffs on Chinese goods. Daniel Silver, an economist at JPMorgan Chase, forecast that soybean exports alone likely boosted GDP by 0.5 percentage point in the second quarter.

Many economists forecast growth will drop back to roughly 2.5 percent to 3 percent in the third quarter.

For the year, the economy is likely to expand at a 3 percent pace or more for the first time since 2005. But most economists forecast it will fall back below 3 percent soon afterward.

It’s not unusual for the economy to surge forward temporarily. Growth reached 5.2 percent in the third quarter of 2014, before falling back to 2 percent in the next quarter.

Growth also wasn’t as bad when he took office as Trump claims. The economy expanded 2.9 percent in 2015, though it slowed the following year. Businesses added 2.3 million jobs in 2016, before Trump took office, more than the 2.2 million gained in 2017.

___

TRUMP: “The Canadians, you have a totally closed market … they have a 375 percent tax on dairy products, other than that it’s wonderful to deal. And we have a very big deficit with Canada, a trade deficit.” — remarks in Peosta, Iowa.

THE FACTS: No, it’s not totally closed. Because of the North American Free Trade Agreement, Canada’s market is almost totally open to the United States. Each country has a few products that are still largely protected, such as dairy in Canada and sugar in the United States.

Trump also repeated his claim that the U.S. has a trade deficit with Canada, but that is true only in goods. When services are included, such as insurance, tourism, and engineering, the U.S. had a $2.8 billion surplus with Canada last year.

"Obama’s remarks came on the heels of the August jobs report, which found that the United States created 201,000 new jobs in August.

But it’s not just Trump giving himself credit for the strong economy – economists are as well.


CNBC called the American economy a “tremendous achievement” for Trump, highlighting that “during his time in office, the economy has achieved feats most experts thought impossible. GDP is growing at a 3-percent plus rate. The unemployment rate is near a 50-year low. Meanwhile, the stock market has jumped 27 percent amid a surge in corporate profits.”
Op. Cit.

Some of that is due to Obama. People were so scared at the direction the country was headed, they were scared to put any money out. There was quite a bit of stifled up investing.

You know, carbon taxes and power plant taxes looming on the horizon..things like that.

 

[Toddsterpatriot]

My dollars are worth a buck!

Yeah, a 4 cent buck. Come on, Toddster. I know you understand this stuff. The definition of inflation is the surplus of money and credit. This practice has debased our dollar out of existence over time. In less than five decades, actually. That's fast.

Whatever, though. I'm kind of tired repeating it. It's funny, really.

Come on, Toddster. I know you understand this stuff.

I do know this stuff. My dollars aren't worth 4 cents and neither are yours.

The definition of inflation is the surplus of money and credit.

Where did you get that definition? Link?

 

[Timmy]

No one going to post some stats from the last few years ? Guess I’ll have to do it!

As you can see from the chart below DONALD TRUMP WENT BACK IN TIME AND STARTED SAVING US IN 2010!!!

 

[Natural Citizen]

Come on, Toddster. I know you understand this stuff.

I do know this stuff. My dollars aren't worth 4 cents and neither are yours.

The definition of inflation is the surplus of money and credit.

Where did you get that definition? Link?

Your dollar is worth cents, Toddster. When the fed creates new currency, it inflates the currency. Thus inflation. Okay? It's rather simple, its basic economic theory, you don't need to link. Come on, man.

People have this illusion that inflation just means rising prices. Butr rising prices are merely one consequence of inflation. Rising prices aren't inflation. They're a single consequence of it.

Why do you think granny only paid a nickle for something you pay a dollar for? Hm?

 

[Natural Citizen]

The really funny part about it is that people look to the fed to ease inflation, but the reality is that it's the fed which causes the inflation in the first place.

 

[BluesLegend]

This is not a joke! He is responsible for the economic growth. I say that because he was thwarted at every position in his effort to repair America after the conservative debacle of Booooosh.

Wait, "Obama was thwarted at every position", yet somehow being thwarted is how Obama improved the economy? Obama is that you?

 

[Toddsterpatriot]

Come on, Toddster. I know you understand this stuff.

I do know this stuff. My dollars aren't worth 4 cents and neither are yours.

The definition of inflation is the surplus of money and credit.

Where did you get that definition? Link?

Your dollar is worth cents, Toddster. When the fed creates new currency, it inflates the currency. Thus inflation. Okay? It's rather simple, its basic economic theory, you don't need to link. Come on, man.

People have this illusion that inflation just means rising prices. Butr rising prices are merely one consequence of inflation. Rising prices aren't inflation. They're a single consequence of it.

Why do you think granny only paid a nickle for something you pay a dollar for? Hm?

Your dollar is worth cents, Toddster

Yes, 100 of them.

When the fed creates new currency, it inflates the currency.

Inflates the currency? Can you be more precise?

Thus inflation.

Not necessarily.

It's rather simple, its basic economic theory, you don't need to link.

I've never seen the definition, " inflation is the surplus of money and credit"

You made it up.

Rising prices aren't inflation

What is inflation?
Any addition to the money supply?

 

[PoliticalChic]

Having accomplished the miraculous ability of being a stuffed shirt and and empty suit at the very same time, Hussein Obama actually believes he is responsible for the astounding turn-around in the economy since he was banished.




Obama, leaving this record behind....

1.“Team Obama: Sorry, America, the ‘new normal’ may be here to stay

The good times may be over for good. In a speech to the Economic Club of New York yesterday, US Treasury Secretary Jack Lew said the US GDP growth rate, adjusted for inflation, is now projected to run a little above 2% a year.”
Team Obama: Sorry, America, the 'new normal' may be here to stay - AEI




2. "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.

The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.

“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..." http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0




3. . Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion | Investor's Business Daily

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth."Hedge fund billionaire calls Obama economy 'amazing'






4. Now....a headline that might as well belong in the Humor forum:

"Obama Complains About Trump Taking Credit for Strong Economy"
Obama Complains About Trump Taking Credit for Strong Economy


5. Here, Obama Complaining:

Still can't quit Former President Obama, I see.

Sooo, you demand not to be held responsible for support of the ultimate loser, Obama....because his record make you, equally, an ultimate loser.



Remember the words of the Brown Bomber....you can run, but you can't hide.

 

[PoliticalChic]

Go ahead and post any economic indicator chart or graph or whatever over the last 10 years .

I challenge you . Pick anyone you want ! Anyone !

You trump cultists think the US was a mess until the day Don walked into office .

Here ya' go....


1... in today’s recovery — the slowest in the modern era going back to 1947 — private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery. Big Business Swings Behind a Mantra of Growth - The New York Sun


2. Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama
Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama

["BET Founder: Trump’s economy bringing black workers back into the workforce"

BET Founder: Trump's economy bringing black workers back into the workforce]




3. . "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.
Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession


4. . In a stunning Tuesday report, Gallup CEO and Chairman Jim Clifton revealed that “for the first time in 35 years, American business deaths now outnumber business births.”Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake” that only stands to worsen as lagging U.S. Census data becomes available.
“Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses,” writes Clifton."Economic Death Spiral: More American Businesses Dying Than Starting - Breitbart


5. "Surprise: U.S. Economic Data Have Been the World's Most Disappointing
It's not only the just-released University of Michigan consumer confidence report and February retail sales on Thursday that surprised economists and investors with another dose of underwhelming news. Overall, U.S. economic data have been falling short of prognosticators' expectations by the most in six years." Surprise: U.S. Economic Data Have Been the World's Most Disappointing

6. . "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.”
The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." Realizing The Super Bowl Of American Economic Growth



7. "Even if you leave out the first quarter of 2009—when the recession that started in December 2007 was still ongoing--President Barack Obama has presided over the lowest average first-quarter GDP growth of any president who has served since 1947, which is the earliest year for which the Bureau of Economic Analysis has calculated quarterly GDP growth. " http://www.cnsnews.com/blog/terence...-obama-has-lowest-average-1stq-gdp-growth-any


8. The Obama Administration is aggressively exploiting regulation to achieve its policy agenda, issuing 157 new major rules at a cost to Americans approaching $73 billion annually....twice the annual average of his predecessor George W. Bush. And much more regulation is on the way, with another 125 major rules on the Administration’s to-do list, including dozens linked to the Dodd–Frank financial regulation law and the Patient Protection and Affordable Care Act, known as Obamacare. Red Tape Rising: Five Years of Regulatory Expansion


9. . "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.

The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.

“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..." http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0


10. . "Obamacare health insurance co-ops surged past the $1 billion mark in losses this week, making history of sorts.The insolvencies, totaling $1.36 billion, mean that the co-ops have burned through more than half of the original $2 billion appropriatedin 2010 for the program under the Affordable Care Act. The funds were loaned to the start-up co-ops in 2012 and were to be repaid in 15 years, according to the Centers for Medicare and Medicaid Services, which manages Obamacare.


...13 of the 23 federally-financed Obamacare co-ops have officially failed in only two years. Most are in the process of default as insurance regulators attempt to pay customer’s medical bills, cover medical providers and pay other creditors.
Obamacare Co-Op Mess Causes $1.3 Billion In Losses


11. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion | Investor's Business Daily

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth."Hedge fund billionaire calls Obama economy 'amazing'



12. ".... calculating how much the debt increased during Obama's two terms. On January 20, 2009, when he was sworn in, the debt was $10.626 trillion. On January 20, 2017, it was $19.947 trillion. That's why most people say Obama added $9 trillion to the debt, more than any other president."
How Much Did Obama Add to the Nation's Debt?





Soooo.....when did you begin enjoying eating crow????

Eat crow ? Your gibberish is nothing like I asked for .

How hard is it to find a 10 years spanning economic graph???

Which of these can you deny?

1... in today’s recovery — the slowest in the modern era going back to 1947 — private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery. Big Business Swings Behind a Mantra of Growth - The New York Sun


2. Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama
Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama

["BET Founder: Trump’s economy bringing black workers back into the workforce"

BET Founder: Trump's economy bringing black workers back into the workforce]




3. . "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.
Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession


4. . In a stunning Tuesday report, Gallup CEO and Chairman Jim Clifton revealed that “for the first time in 35 years, American business deaths now outnumber business births.”Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake”that only stands to worsen as lagging U.S. Census data becomes available.
“Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses,” writes Clifton."Economic Death Spiral: More American Businesses Dying Than Starting - Breitbart


5. "Surprise: U.S. Economic Data Have Been the World's Most Disappointing
It's not only the just-released University of Michigan consumer confidence report and February retail sales on Thursday that surprised economists and investors with another dose of underwhelming news. Overall, U.S. economic data have been falling short of prognosticators' expectations by the most in six years." Surprise: U.S. Economic Data Have Been the World's Most Disappointing

6. . "That basic math is why middle class incomes have been in decline under Obama. The Census Bureau reports that since Obama became President 7 years ago, real median household income has fallen by $1,300 a year. Heritage Foundation Chief Economist Steve Moore explained in testimony before the Ways and Means Committee, “At 2 percent growth the economy doesn’t spin off enough jobs to increase wages, and tax revenues grow much too slowly to balance the budget.”
The recession officially ended more than 6 years ago. Wages and incomes have always grown in recoveries, not declined. Moreover, the American historical record is the deeper the recession, the stronger the recovery. The economy is supposed to boom in a recovery to catch up with its long term economic growth trendline. But over 6 years after the recession ended, that still has not happened. Instead, what we have gotten under President Obama is the worst recovery from a recession since the Great Depression." Realizing The Super Bowl Of American Economic Growth



7. "Even if you leave out the first quarter of 2009—when the recession that started in December 2007 was still ongoing--President Barack Obama has presided over the lowest average first-quarter GDP growth of any president who has served since 1947, which is the earliest year for which the Bureau of Economic Analysis has calculated quarterly GDP growth. " http://www.cnsnews.com/blog/terence...-obama-has-lowest-average-1stq-gdp-growth-any


8. The Obama Administration is aggressively exploiting regulation to achieve its policy agenda, issuing 157 new major rules at a cost to Americans approaching $73 billion annually....twice the annual average of his predecessor George W. Bush. And much more regulation is on the way, with another 125 major rules on the Administration’s to-do list, including dozens linked to the Dodd–Frank financial regulation law and the Patient Protection and Affordable Care Act, known as Obamacare. Red Tape Rising: Five Years of Regulatory Expansion


9. . "...take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday.

The declines were greatest for the lowest-paid workers in sectors where hiring has been strong — home health care, food preparation and retailing — even though wages were already below average to begin with in those service industries.

“Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession,”..." http://www.nytimes.com/2015/09/03/b...rkers-see-biggest-drop-in-paychecks.html?_r=0


10. . "Obamacare health insurance co-ops surged past the $1 billion mark in losses this week, making history of sorts.The insolvencies, totaling $1.36 billion, mean that the co-ops have burned through more than half of the original $2 billion appropriatedin 2010 for the program under the Affordable Care Act. The funds were loaned to the start-up co-ops in 2012 and were to be repaid in 15 years, according to the Centers for Medicare and Medicaid Services, which manages Obamacare.


...13 of the 23 federally-financed Obamacare co-ops have officially failed in only two years. Most are in the process of default as insurance regulators attempt to pay customer’s medical bills, cover medical providers and pay other creditors.
Obamacare Co-Op Mess Causes $1.3 Billion In Losses


11. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion | Investor's Business Daily

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth."Hedge fund billionaire calls Obama economy 'amazing'



12. ".... calculating how much the debt increased during Obama's two terms. On January 20, 2009, when he was sworn in, the debt was $10.626 trillion. On January 20, 2017, it was $19.947 trillion. That's why most people say Obama added $9 trillion to the debt, more than any other president."
How Much Did Obama Add to the Nation's Debt?



Oh....none.


They are all 100% true, correct and accurate.


And you, a fool....also 100% true, correct and accurate.