JakeStarkey
Diamond Member
- Aug 10, 2009
- 168,037
- 16,527
- 2,165
- Banned
- #21
PredFan, the knowledgable American who just read you is laughing at you right now.
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Anyone who claims that Bush was responsible for what happened to the economy deserves only to be pointed at and laughed at.
I hope it is a Romney presidency, but things are getting better under the Obama presidency without help from the GOP in Congress.
If you think this Country is in a recovery can I get a double of what your drinking
Anyone who claims that Bush was responsible for what happened to the economy deserves only to be pointed at and laughed at.
This proves what I've said before - rw's don't pay attention and don't bother to EDUCATE THEMSELVES.
5 years ago, Bush was well into his 2nd term as POTUS. So you are implying that obama has finally risen to Bush's level.
Obama has finally got the country in recovery, after suffering through years of the Bush disaster. Bush delivered the greatest economic collapse since the Great Depression. Now Willard wants to return to the Bush days.
Consumer Confidence up and Unemployment is dropping. Obama will point these things out on Tuesday night.![]()
The overall economy barely grew by 1.7 percent in the second quarter, down from 2.0 percent in the first three months of 2012. Business economists have lowered their forecasts to 1.5 percent or lower for the year. The Federal Reserve Board says it will keep its interest rates near zero for the foreseeable future because they expect the economy to remain in a weakened condition for several years to come.
.Nevertheless, in the fourth insufferable year of Mr. Obama's term in office, the unemployment rate climbed in 26 states, according to the U.S. Bureau of Labor Statistic
The Bureau of Labor Statistics also reports that the number of working Americans shrank last month as payrolls fell in 21 states, the result of tens of millions of discouraged workers who have stopped looking for a job and are no longer counted.
The U.S. Census Bureau reported on Sept. 12 that real median household income last year was $50,054, "a 1.5 percent decline from the 2010 median and the second consecutive annual drop."
The data-gathering agency also reported that median family household income declined by 1.7 percent in real terms last year, and that median household income was 8.1 percent lower than in 2007, the year before the economy fell into a deep recession. Moreover, it further reported that the nation's official poverty rate was a record 15 percent in 2011, with 46.2 million people in poverty.