Toddsterpatriot
Diamond Member
The financial institutions got away with murder just being paid back and as a loan.
Bank TARP was hugely profitable to the US Treasury.
The Next Recession Is Going to Be Brutal. The economy is showing signs of turning ...
- Thread starter Blaine Sweeter
- Start date
The financial institutions got away with murder just being paid back and as a loan.
Bank TARP was hugely profitable to the US Treasury.
francoHFW
Diamond Member
My goodness, life is exciting in the imaginary GOP dupe world. It's hard to tell the difference between Obama's economy and trumps if you look at it the growth rate the job rate etcetera etc. You have just heard that Obama's economy sucked a million times and let Trump's is so wonderful!! My ass and now he's wrec king it with his stupid trade Wars he also was a terrible businessman he lost more money than anyone else in the country for 10 years. He is pure con man and fraud. Until something actually works in the real world, not just on Rush Limbaugh LOL
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francoHFW
Diamond Member
Look at your chart, the hell it was. The whole thing was a goddamn disaster corrupt GOP again.
Toddsterpatriot
Diamond Member
francoHFW
Diamond Member
And 13 billion just on citicorp....
Toddsterpatriot
Diamond Member
That's a profit from Citicorp, tard.
francoHFW
Diamond Member
they worked great. Republicans would have let them go out of business and that would have been a catastrophe. They suck every time.
francoHFW
Diamond Member
The list of financial institutions that lost hundreds of millions goes on forever. Congratulations you saved a bunch of scumbag financiers who destroyed the world economy. We saved tens of millions of jobs based on the Auto industry and ended your God damn depression.
Toddsterpatriot
Diamond Member
The list of financial institutions that lost hundreds of millions goes on forever.
And yet, bank TARP gave a huge profit to the US Treasury.
Congratulations you saved a bunch of scumbag financiers who destroyed the world economy.
Meh.
We saved tens of millions of jobs based on the Auto industry
Could have done it without screwing bondholders and taxpayers.
and ended your God damn depression.
And stopped the rise of the oceans. He sure was magic!
Worst economic policies since Nixon.
Tens of millions of jobs? Your ignorance grows by leaps and bounds! TARP propped up the financial sector and kept a bad recession from possibly turning into The Great Depression II. The auto bailout was Barry coming to the aid of the UAW at the expense of the US taxpayer.
AntonToo
Diamond Member
- Jun 13, 2016
- 35,287
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""Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009.Poor, lying con tool. I'm going by what you said ... private versus public jobs. Public jobs decreased under Obama; and only under Obama. The private sector did great under him, adding 16 million jobs once jobs returned after Bush's Great Recession.
As far as federal jobs, only 24,000 were added under Obama in 8 years.
Trump's already add nearly half that in just 2½ years, not a word from you.
33,000 added under Bush in 8 years, nearly all added during his recession. Not a word from you.
You single out the Democrat because you're a lying con tool.
Once again...you use a statistic to hide the truth. Your figure of 24,000 added can only be arrived at by counting the massive amount of people that the US Post Office laid off...an organization that is only loosely affiliated with the "Federal Government"! The truth is that while millions of Americans in the Private Sector were being laid off...Barack Obama added to the Federal work force.
"Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009. State and local gov-ernments added jobs during the first several months of the recession, but after employment reached a high point in August 2008, they shed 68,000 jobs through the end of the recession—a decline of about 0.3 percent. (See chart 3.) Employment in State and local government tends not to fall during recessions, and job growth in these areas actu-ally accelerated during the 1990–91 and 2001 recessions.31State and local governments have less flexibility than the Federal Government to run deficits; nearly all State governments have some form of a balanced-budget re-quirement.32 State tax revenues—received primarily from income, sales, and gross receipts taxes—are sensitive to the business cycle, and they began to fall on an annual basis after September 2008.33 Falling revenues put pres-sure on States to cut employment, which they began to do after August 2008. In order to shore up State budgets, nearly 60 billion dollars of fiscal relief was given by the Federal Government to the States in 2009 as part of the American Recovery and Reinvestment Act. This stimulus package was also intended to help local governments stave off job cuts.34Local governments, unlike State governments, did not see a drop in tax revenue. Local government tax revenues come mostly from property taxes, which continued to grow throughout the recession despite declining home values.35But, according to the National League of Cities, revenue growth was outpaced by spending growth in 2008 and 2009, and local governments began reducing employment after September 2008 in order to cover budget shortfalls.36The recession led not only to employment losses, but also to cuts in workers’ hours.37 In June 2009, average weekly hours of all employees had fallen by 1 hour to 33.7 hours from the peak in June 2007. Aggregate hours, the product of employment and average weekly hours, fell by 9.8 percent between June 2007 and October 2009. As 2010 came to a close, aggregate hours were still 7.6 per-centage points below their prerecession peak."
https://www.bls.gov/opub/mlr/2011/04/art1full.pdf
Lying con tool, do you ever stop lying? Ever???
You complain about 48,000 government jobs added during Bush's Great Recession; but being the lying con tool you are, you ludicrously blame Obama. When in reality, during the little more than 5 months Obama presided during the recession, non-postal government jobs decreased by 6,000.
Meaning ALL of those jobs added occurred under Bush. But because you're the lying con tool I've been saying you are, here you are pounding your fists on the table over Obama and blaming him for what Bush actually did.
BLS: total government
BLS: postal service
Rightwingers trying to do data analysis is like a three legged dog trying to run - it's really sad, but you just can't look away.
Did you want to address the two charts cited in the government report I provided, Anton? Show how they're inaccurate in any way? Explain why they don't show that Barry struggled mightily with the economy and job creation?
Umm it was already explained to you, your timeline is silly. Obama got to WH in Jan 2009.
His job growth record is very solid, which is why “they don’t show that Barry struggled with the job growth”
francoHFW
Diamond Member
7 1/2 years straight of growth, brainwashed functional moron. And Bush's economic policies? You're absolutely nuts...
francoHFW
Diamond Member
They both worked and we averted another corrupt GOP World depression. When will you ever learn anything? The GOP is the swamp, especially the last 37 years....
""Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009.Poor, lying con tool. I'm going by what you said ... private versus public jobs. Public jobs decreased under Obama; and only under Obama. The private sector did great under him, adding 16 million jobs once jobs returned after Bush's Great Recession.
As far as federal jobs, only 24,000 were added under Obama in 8 years.
Trump's already add nearly half that in just 2½ years, not a word from you.
33,000 added under Bush in 8 years, nearly all added during his recession. Not a word from you.
You single out the Democrat because you're a lying con tool.
Once again...you use a statistic to hide the truth. Your figure of 24,000 added can only be arrived at by counting the massive amount of people that the US Post Office laid off...an organization that is only loosely affiliated with the "Federal Government"! The truth is that while millions of Americans in the Private Sector were being laid off...Barack Obama added to the Federal work force.
"Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009. State and local gov-ernments added jobs during the first several months of the recession, but after employment reached a high point in August 2008, they shed 68,000 jobs through the end of the recession—a decline of about 0.3 percent. (See chart 3.) Employment in State and local government tends not to fall during recessions, and job growth in these areas actu-ally accelerated during the 1990–91 and 2001 recessions.31State and local governments have less flexibility than the Federal Government to run deficits; nearly all State governments have some form of a balanced-budget re-quirement.32 State tax revenues—received primarily from income, sales, and gross receipts taxes—are sensitive to the business cycle, and they began to fall on an annual basis after September 2008.33 Falling revenues put pres-sure on States to cut employment, which they began to do after August 2008. In order to shore up State budgets, nearly 60 billion dollars of fiscal relief was given by the Federal Government to the States in 2009 as part of the American Recovery and Reinvestment Act. This stimulus package was also intended to help local governments stave off job cuts.34Local governments, unlike State governments, did not see a drop in tax revenue. Local government tax revenues come mostly from property taxes, which continued to grow throughout the recession despite declining home values.35But, according to the National League of Cities, revenue growth was outpaced by spending growth in 2008 and 2009, and local governments began reducing employment after September 2008 in order to cover budget shortfalls.36The recession led not only to employment losses, but also to cuts in workers’ hours.37 In June 2009, average weekly hours of all employees had fallen by 1 hour to 33.7 hours from the peak in June 2007. Aggregate hours, the product of employment and average weekly hours, fell by 9.8 percent between June 2007 and October 2009. As 2010 came to a close, aggregate hours were still 7.6 per-centage points below their prerecession peak."
https://www.bls.gov/opub/mlr/2011/04/art1full.pdf
Lying con tool, do you ever stop lying? Ever???
You complain about 48,000 government jobs added during Bush's Great Recession; but being the lying con tool you are, you ludicrously blame Obama. When in reality, during the little more than 5 months Obama presided during the recession, non-postal government jobs decreased by 6,000.
Meaning ALL of those jobs added occurred under Bush. But because you're the lying con tool I've been saying you are, here you are pounding your fists on the table over Obama and blaming him for what Bush actually did.
BLS: total government
BLS: postal service
Rightwingers trying to do data analysis is like a three legged dog trying to run - it's really sad, but you just can't look away.
Did you want to address the two charts cited in the government report I provided, Anton? Show how they're inaccurate in any way? Explain why they don't show that Barry struggled mightily with the economy and job creation?
Umm it was already explained to you, your timeline is silly. Obama got to WH in Jan 2009.
His job growth record is very solid, which is why “they don’t show that Barry struggled with the job growth”
Barry's job growth record is "very solid"? In what way exactly? You do realize that the Obama Administration had to use "Jobs Created or Saved" because their stimulus created so few jobs that it was a political embarrassment? Or that if it wasn't for the energy boom created by fracking...which Barry opposed...that his numbers would have been positively abysmal? Or that he was proposing new Cap & Trade legislation as his next big legislative push when the GOP took back the House in the first mid term...legislation that would have cost even more jobs?
The truth is...Barack Obama's job growth record isn't very good but would have been far worse if he'd been able to get what he wanted politically! It's what happens when you put someone in the Oval Office that cares more about his agenda than he does about people who are out of a job!
TARP did work...just as W said it would. We essentially lent money to keep some big financial institutions from going bankrupt and they paid us back with interest. That isn't what took place when Barry started loaning out money though...is it, Franco? He gave it to GM and Chrysler. He gave it to politically connected companies like Solyndra. They not only didn't pay that money back with interest like the companies that Bush gave money to...they stiffed us on the principle! It's a perfect example of how NOT to use a program like TARP!
deanrd
Gold Member
- May 8, 2017
- 29,411
- 3,650
- 290
- Banned
- #917
In the past, the president could call US friends like Japan and the European Union to stand with us in our economic fight against China.
Trump makes fun of the Japanese by talking in a fake Japanese accent.
Trump has brought us very close to being enemies with our for a former friends in the European Union.
And when Trump stands with Russia and North Korea against China, the Chinese laugh and laugh and laugh.
Trump makes fun of the Japanese by talking in a fake Japanese accent.
Trump has brought us very close to being enemies with our for a former friends in the European Union.
And when Trump stands with Russia and North Korea against China, the Chinese laugh and laugh and laugh.
deanrd
Gold Member
- May 8, 2017
- 29,411
- 3,650
- 290
- Banned
- #918
Oh I don’t know, 80 something months of sis stained growth? Works for me.""Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009.
Lying con tool, do you ever stop lying? Ever???
You complain about 48,000 government jobs added during Bush's Great Recession; but being the lying con tool you are, you ludicrously blame Obama. When in reality, during the little more than 5 months Obama presided during the recession, non-postal government jobs decreased by 6,000.
Meaning ALL of those jobs added occurred under Bush. But because you're the lying con tool I've been saying you are, here you are pounding your fists on the table over Obama and blaming him for what Bush actually did.
BLS: total government
BLS: postal service
Rightwingers trying to do data analysis is like a three legged dog trying to run - it's really sad, but you just can't look away.
Did you want to address the two charts cited in the government report I provided, Anton? Show how they're inaccurate in any way? Explain why they don't show that Barry struggled mightily with the economy and job creation?
Umm it was already explained to you, your timeline is silly. Obama got to WH in Jan 2009.
His job growth record is very solid, which is why “they don’t show that Barry struggled with the job growth”
Barry's job growth record is "very solid"? In what way exactly? You do realize that the Obama Administration had to use "Jobs Created or Saved" because their stimulus created so few jobs that it was a political embarrassment? Or that if it wasn't for the energy boom created by fracking...which Barry opposed...that his numbers would have been positively abysmal? Or that he was proposing new Cap & Trade legislation as his next big legislative push when the GOP took back the House in the first mid term...legislation that would have cost even more jobs?
The truth is...Barack Obama's job growth record isn't very good but would have been far worse if he'd been able to get what he wanted politically! It's what happens when you put someone in the Oval Office that cares more about his agenda than he does about people who are out of a job!
You are SO excited. Maybe this time, you'll get him!
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