We Suffered for 8 Years, Say the Haters.

The day Obama took office, the Dow closed at 7,949 points. Eight years later, the Dow had almost tripled.

Obama and the Dem's drove the Dow down to 7,949 in the first place. You forgot that part so I corrected it for you. :itsok:

Well if it isn't the idiot, Bush and his boys did that and still recovering from 9/11. Went up after Obama took office.

Went up after Obama took office.

upload_2019-12-16_8-50-36.png


Same day? Or did it take a while?
 
Why do you hate American Workers?

You have made numerous claims. Tod has only asked you questions about your claims.

"Why do you hate American Workers" is the BEST response you have given yet to his questions.... because you haven't have given any response to his questions.

If you can't back your claims... maybe you should find something else to do with your time, because conversations this pathetic on your part, are not convincing anyone.

OnePercentFailure "Trump sucks, and we have trade war debt!"

Todd: "How has Trump caused debt?"

OnePercentFailure: "Trump sucks and you hate workers!"


That is what I've seen in the past two dozen posts. You screaming accusations, Todd asking you to about those accusations, and you just responding that Todd much suck too.

That makes you a moron.

We do have a trade war debt, and I posted a link detailing that.

None of your links backed your claim that tariffs caused corporate debt to increase by 25%.
Or that tariffs cause the trucking company bankruptcy.

I never wrote that tariffs caused corporate debt to increase by 25%. I wrote that consumer debt is increasing 25% on foreign products due to tariffs, and I posted a link.

Tariffs are the number one reason trucking is doing poorly. Trucks bring you and I all of our shit, less shit, less truckloads of shit.

No, I don't buy it. I think that article is garbage.

Obviously tariffs will increase the cost of goods in the long run. However, the tariffs we have implemented thus far, have not increase the prices of goods by a significant enough margin, to increase consumer debt by 25%.

Sorry, but not happening.

Further, if tariffs were the cause of consumer debt, then explain why debt has increased over the past 70 years, when there was no trade war, and in fact increasing free-trade?

View attachment 295028

The reality is consumer debt is driven more by culture, and the decline of seeing debt as an evil, and increase in instant gratification demands.

It has nothing to do with trade, or tariffs.

Besides that, your claim is a little bonkers. You are claiming that increasing the price, will have no effect on purchases. That if the cost goes up, that just means people will keep buying whatever they want, and increase debt.

By that logic, you should be on the side of Republicans, and opposing taxes, because reducing people's income with taxes, means they'll will continue to buy whatever they want, and increase debt.

Of course not. People will react to prices, just like they'll react to a loss of income, and change their purchasing habits accordingly.

Regardless of the long term ideological ramifications of your theory.... The historical facts of consumer debt, show that consumer debt tends to drop, not when prices are low, and the economy is good... but rather when the economy is bad, people stop borrowing, and start paying down debt.

When the economy is good, and prices are low, people tend to borrow more money.


This is counter intuitive. I understand that. But the reality is, people are more likely to buy expensive items on credit, when they feel their income is steady and dependable. People are more likely to delay expensive purchases, and pay down debt, when they are uncertain about the economy, and their future income.

If people were smart, they would use the good times, to pay off all their debts, and build an emergency fund of savings, when times are good.

But that goes back to the decline of economic education, and fiscal morals. Again, it's a culture problem. It's not a tariff or economy problem. It's culture. If anything, based on historical data, we can see that increasing consumer debt, is proof the economy is doing good.

I'll attempt to argue with a Libertarian.

Prices don't have to increase significantly to hurt the poor with credit. Pay is almost flat. Credit card debt is higher than 2008 levels.

Most debt is evil. Using a credit card to buy stuff because you don't have the money is bad. Unfortunately, there are a lot of credit cards being used at grocery stores to buy food. Remember, pay is almost flat.

Increasing consumer debt IS NOT an indication that the economy is doing well. Increased consumer spending from pay IS an indication that the economy is doing well.
 
You have made numerous claims. Tod has only asked you questions about your claims.

"Why do you hate American Workers" is the BEST response you have given yet to his questions.... because you haven't have given any response to his questions.

If you can't back your claims... maybe you should find something else to do with your time, because conversations this pathetic on your part, are not convincing anyone.

OnePercentFailure "Trump sucks, and we have trade war debt!"

Todd: "How has Trump caused debt?"

OnePercentFailure: "Trump sucks and you hate workers!"


That is what I've seen in the past two dozen posts. You screaming accusations, Todd asking you to about those accusations, and you just responding that Todd much suck too.

That makes you a moron.

We do have a trade war debt, and I posted a link detailing that.

None of your links backed your claim that tariffs caused corporate debt to increase by 25%.
Or that tariffs cause the trucking company bankruptcy.

I never wrote that tariffs caused corporate debt to increase by 25%. I wrote that consumer debt is increasing 25% on foreign products due to tariffs, and I posted a link.

Tariffs are the number one reason trucking is doing poorly. Trucks bring you and I all of our shit, less shit, less truckloads of shit.

No, I don't buy it. I think that article is garbage.

Obviously tariffs will increase the cost of goods in the long run. However, the tariffs we have implemented thus far, have not increase the prices of goods by a significant enough margin, to increase consumer debt by 25%.

Sorry, but not happening.

Further, if tariffs were the cause of consumer debt, then explain why debt has increased over the past 70 years, when there was no trade war, and in fact increasing free-trade?

View attachment 295028

The reality is consumer debt is driven more by culture, and the decline of seeing debt as an evil, and increase in instant gratification demands.

It has nothing to do with trade, or tariffs.

Besides that, your claim is a little bonkers. You are claiming that increasing the price, will have no effect on purchases. That if the cost goes up, that just means people will keep buying whatever they want, and increase debt.

By that logic, you should be on the side of Republicans, and opposing taxes, because reducing people's income with taxes, means they'll will continue to buy whatever they want, and increase debt.

Of course not. People will react to prices, just like they'll react to a loss of income, and change their purchasing habits accordingly.

Regardless of the long term ideological ramifications of your theory.... The historical facts of consumer debt, show that consumer debt tends to drop, not when prices are low, and the economy is good... but rather when the economy is bad, people stop borrowing, and start paying down debt.

When the economy is good, and prices are low, people tend to borrow more money.


This is counter intuitive. I understand that. But the reality is, people are more likely to buy expensive items on credit, when they feel their income is steady and dependable. People are more likely to delay expensive purchases, and pay down debt, when they are uncertain about the economy, and their future income.

If people were smart, they would use the good times, to pay off all their debts, and build an emergency fund of savings, when times are good.

But that goes back to the decline of economic education, and fiscal morals. Again, it's a culture problem. It's not a tariff or economy problem. It's culture. If anything, based on historical data, we can see that increasing consumer debt, is proof the economy is doing good.

I'll attempt to argue with a Libertarian.

Prices don't have to increase significantly to hurt the poor with credit. Pay is almost flat. Credit card debt is higher than 2008 levels.

Most debt is evil. Using a credit card to buy stuff because you don't have the money is bad. Unfortunately, there are a lot of credit cards being used at grocery stores to buy food. Remember, pay is almost flat.

Increasing consumer debt IS NOT an indication that the economy is doing well. Increased consumer spending from pay IS an indication that the economy is doing well.

Credit card debt is higher than 2008 levels.

How does per capita credit card debt compare to 2008?

Remember, pay is almost flat.

8 years of Obama "growth" didn't help take home pay very much.
 
I asked a question YOU can't answer doesn't make a lie.

I don't hate American workers, liar.

If you're against raising American Workers wages you do.

I'm all in favor of building a wall and deporting 20 million illegal aliens.
I'm happy that those actions will raise the wages of American workers.

-I'm all in favor of jailing employers that knowingly hire illegals including tRump. No wall is needed.
-Abolish daddy bushes H1B visa program and give American jobs to American Workers.
-The only thing that will raise wages of American Workers is raising pay by regulation. Corporate America can not and should not be trusted to do it on their own.

-Abolish daddy bushes H1B visa program and give American jobs to American Workers.
-The only thing that will raise wages of American Workers is raising pay by regulation. Corporate America can not and should not be trusted to do it on their own.


So here's where I see the irony......

You are complaining that tariffs are increasing the cost of goods and services in the US.

Um.... what do you think your idea is going to do? It's going to drastically increase the cost of goods and services in the US.

No company has magic money, they just pay out extra wages with. If they have to pay out more money for labor, they have to get that money from consumers.

Further, what do you think is going to happen when you dramatically increase the price of labor in the US? Companies are going to move out of the country.

What are you going to do then? Put in place tariffs, to prevent them from moving to Canada, and importing into the US? Isn't that what you were just arguing against?

Corporate America made $1.65T net last year. How much of that do you think was gained by keeping wages artificially low?
 
Awarded the Nobel Peace Prize

HAHAHA!

Yes. Why deny it?
Class.
Something trump can't undo and something trump desperately wants but will NEVER even get a sniff.

The Norwegian Nobel Committee has decided that the Nobel Peace Prize for 2009 is to be awarded to President Barack Obama for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples. The Committee has attached special importance to Obama’s vision of and work for a world without nuclear weapons.
The day Obama took office, the Dow closed at 7,949 points. Eight years later, the Dow had almost tripled.

Obama and the Dem's drove the Dow down to 7,949 in the first place. You forgot that part so I corrected it for you. :itsok:

Well if it isn't the idiot, Bush and his boys did that and still recovering from 9/11. Went up after Obama took office.

Went up after Obama took office.

View attachment 295049

Same day? Or did it take a while?
The economy finally turned around in October 2009 thanks to the stimulus. Sorry you people Miss reality listening to your crap propaganda...
 
Awarded the Nobel Peace Prize

HAHAHA!

Yes. Why deny it?
Class.
Something trump can't undo and something trump desperately wants but will NEVER even get a sniff.

The Norwegian Nobel Committee has decided that the Nobel Peace Prize for 2009 is to be awarded to President Barack Obama for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples. The Committee has attached special importance to Obama’s vision of and work for a world without nuclear weapons.
The day Obama took office, the Dow closed at 7,949 points. Eight years later, the Dow had almost tripled.

Obama and the Dem's drove the Dow down to 7,949 in the first place. You forgot that part so I corrected it for you. :itsok:

Well if it isn't the idiot, Bush and his boys did that and still recovering from 9/11. Went up after Obama took office.

Went up after Obama took office.

View attachment 295049

Same day? Or did it take a while?
The economy finally turned around in October 2009 thanks to the stimulus. Sorry you people Miss reality listening to your crap propaganda...
Then seven and a half years straight of growth indistinguishable from that under Trump, except for the two trillion dollars in debt for the tax cut for the rich of course
 
Why do you hate American Workers?

You have made numerous claims. Tod has only asked you questions about your claims.

"Why do you hate American Workers" is the BEST response you have given yet to his questions.... because you haven't have given any response to his questions.

If you can't back your claims... maybe you should find something else to do with your time, because conversations this pathetic on your part, are not convincing anyone.

OnePercentFailure "Trump sucks, and we have trade war debt!"

Todd: "How has Trump caused debt?"

OnePercentFailure: "Trump sucks and you hate workers!"


That is what I've seen in the past two dozen posts. You screaming accusations, Todd asking you to about those accusations, and you just responding that Todd much suck too.

That makes you a moron.

We do have a trade war debt, and I posted a link detailing that.

None of your links backed your claim that tariffs caused corporate debt to increase by 25%.
Or that tariffs cause the trucking company bankruptcy.

I never wrote that tariffs caused corporate debt to increase by 25%. I wrote that consumer debt is increasing 25% on foreign products due to tariffs, and I posted a link.

Tariffs are the number one reason trucking is doing poorly. Trucks bring you and I all of our shit, less shit, less truckloads of shit.

I already responded to this before, but I have another thought on this, specifically trucking.

I'm wondering a little bit about if perhaps trucking is being affected by the fall of the retail outlets.

All of the major chain stores, Walmart, Amazon, Kroger, Target and so on... all of them have their own company subsidiary running trucks.

The rest of the retail outlets are on the decline.

More and more, stuff is being ordered online. In fact, I have even bought stuff through Walmart and such, online, and it was delivered.

Instead of truck loads full of products being deliverer to large stores.... A single package of exactly what I want, went through the USPS or UPS.

Based on this turn of economic changes, it seems reasonable to me that the decline in trucking could be tied to that.

Walmart Transportation, LLC. operates trucks, but the majority of truckloads are handled by private contractors.

Amazon has trucks that transport products less than 100 miles. All others are hauled by private.

Kroger has trucks that deliver to stores. All of the product delivered to distribution is private.

Target has trucks that have the Target logo, but the drivers are employed by private contractors. Mostly Schneider.
 
The day Obama took office, the Dow closed at 7,949 points. Eight years later, the Dow had almost tripled.

Obama and the Dem's drove the Dow down to 7,949 in the first place. You forgot that part so I corrected it for you. :itsok:

Well if it isn't the idiot, Bush and his boys did that and still recovering from 9/11. Went up after Obama took office.

Went up after Obama took office.

View attachment 295049

Same day? Or did it take a while?

Normally don't count a President on economy until his economic policies kick in... That is wht Trump has been living initially on the Obama wave and then he just borrowed...
 
I know some people are going to say Trump locked up Children and separated families..

But obviously don't understand, Obama wore fucking tan suit...
 
Then seven and a half years straight of growth indistinguishable from that under Trump, except for the two trillion dollars in debt for the tax cut for the rich of course

Trump didn't TANK the economy to get elected. Growth is much easier when you first collapse the economy into a smoldering pile of rubble. Funny how you people always forget that part when kissing Obama's ass.
 
Then seven and a half years straight of growth indistinguishable from that under Trump, except for the two trillion dollars in debt for the tax cut for the rich of course

Trump didn't TANK the economy to get elected. Growth is much easier when you first collapse the economy into a smoldering pile of rubble. Funny how you people always forget that part when kissing Obama's ass.
So now you blame Democrats for the Bush recession.
 
we suffered 3 years under Trump -

took Mr Art of the deal that long to build a TRILLION DOLLAR DEFICIT !
 
Then seven and a half years straight of growth indistinguishable from that under Trump, except for the two trillion dollars in debt for the tax cut for the rich of course

Trump didn't TANK the economy to get elected. Growth is much easier when you first collapse the economy into a smoldering pile of rubble. Funny how you people always forget that part when kissing Obama's ass.
So now you blame Democrats for the Bush recession.

Only since Jan 2007 HELLO. :eusa_hand:
 
The economy finally turned around in October 2009 thanks to the stimulus.

AHAHAHA you have grown delusional. :cuckoo: Obama fans continue to give the idiot credit for things he had no part in fixing.
Sorry assfuck but the stimulus did what it was intended to do.

By intended you must mean that half the money was diverted into Dem coffers to make payroll for Obama's state public employee union pals not for "shovel ready jobs". :itsok: Its like the left want to be mocked and bitch slapped with facts.
 
Then seven and a half years straight of growth indistinguishable from that under Trump, except for the two trillion dollars in debt for the tax cut for the rich of course

Trump didn't TANK the economy to get elected. Growth is much easier when you first collapse the economy into a smoldering pile of rubble. Funny how you people always forget that part when kissing Obama's ass.

Well there is alway one that thinks Socialism was the cause of the 2007 Banking Crisis... It was Right wing deregulation policies which caused it but you go live in fantasy land...
 
Then seven and a half years straight of growth indistinguishable from that under Trump, except for the two trillion dollars in debt for the tax cut for the rich of course

Trump didn't TANK the economy to get elected. Growth is much easier when you first collapse the economy into a smoldering pile of rubble. Funny how you people always forget that part when kissing Obama's ass.

Well there is alway one that thinks Socialism was the cause of the 2007 Banking Crisis... It was Right wing deregulation policies which caused it but you go live in fantasy land...

Wrong Dem's spent 2 years trying to tank the economy to improve their chances in the 2008 presidential election. Yes, Dem's ARE assholes.
 
"The sentence I hear most from well-meaning, conservative friends since President Trump’s election is this: “We suffered 8 years under Barack Obama.”

Fair enough. Let’s take a look.

The day Obama took office, the Dow closed at 7,949 points. Eight years later, the Dow had almost tripled.

General Motors and Chrysler were on the brink of bankruptcy, with Ford not far behind, and their failure, along with their supply chains, would have meant the loss of millions of jobs. Obama pushed through a controversial, $80 billion bailout to save the car industry. The U.S. car industry survived, started making money again, and the entire $80 billion was paid back, with interest.

While we remain vulnerable to lone-wolf attacks, no foreign terrorist organization has successfully executed a mass attack here since 9/11.

Obama ordered the raid that killed Osama Bin Laden.

He drew down the number of troops from 180,000 in Iraq and Afghanistan to just 15,000, and increased funding for the Department of Veterans Affairs.

He launched a program called Opening Doors which, since 2010, has led to a 47 percent decline in the number of homeless veterans.

He set a record 73 straight months of private-sector job growth.

Due to Obama’s regulatory policies, greenhouse gas emissions decreased by 12%, production of renewable energy more than doubled, and our dependence on foreign oil was cut in half.

He signed The Lilly Ledbetter Act, making it easier for women to sue employers for unequal pay.

His Omnibus Public Lands Management Act designated more than 2 million acres as wilderness, creating thousands of miles of trails and protecting over 1,000 miles of rivers.

He reduced the federal deficit from 9.8 percent of GDP in 2009 to 3.2 percent in 2016.

For all the inadequacies of the Affordable Care Act, we seem to have forgotten that, before the ACA, you could be denied coverage for a pre-existing condition and kids could not stay on their parents’ policies up to age 26.

Obama approved a $14.5 billion system to rebuild the levees in New Orleans.

All this, even as Mitch McConnell famously asserted that his singular mission would be to block anything President Obama tried to do.

While Obama failed on his campaign pledge to close the prison at Guantanamo Bay, that prison’s population decreased from 242 to around 50.

He expanded funding for embryonic stem cell research, supporting groundbreaking advancement in areas like spinal injury treatment and cancer.

Credit card companies can no longer charge hidden fees or raise interest rates without advance notice.

Most years, Obama threw a 4th of July party for military families. He held babies, played games with children, served barbecue, and led the singing of “Happy Birthday” to his daughter Malia, who was born on July 4.

Welfare spending is down: for every 100 poor families, just 24 receive cash assistance, compared with 64 in 1996.

Obama comforted families and communities following more than a dozen mass shootings. After Sandy Hook, he said, “The majority of those who died today were children, beautiful little kids between the ages of 5 and 10 years old.”

Yet, he never took away anyone’s guns.

He sang Amazing Grace, spontaneously, at the altar.

He was the first president since Eisenhower to serve two terms without personal or political scandal.

He was awarded the Nobel Peace Prize.

President Obama was not perfect, as no man and no president is, and you can certainly disagree with his political ideologies. But to say we suffered? If that’s the argument, if this is how we suffered for 8 years under Barack Obama, I have one wish: may we be so fortunate as to suffer 8 more."
It's the special time of year we all take note of. No, silly, not Christmas. (drum roll please) THE annual deadline for signing up for the AHP, brought to you by Obama and Co. I feel like a big hug is in order, so they can stealthily pick your pock and make it look like they personally care for your well-being. Oh well, happy festivus, creeps, er, peeps!
 

Forum List

Back
Top