CDZ What facts have we about the state of the U.S. economy today?

[Oldstyle]

The US has added $50 trillion to total national wealth since 2008

Hardly an economy that is suffering

How much of that wealth ended up in the hands of the Middle Class or the poor? It's amazing how you liberals can rant about income inequality but then turn around and brag about how much wealth you've "added" to the richest in America as if THAT is indicative of a strong economy! The majority of that 50 trillion is made up of stock market gains that the average American has not gotten a piece of!

Distribution of wealth is a related issue

We have created $50 trillion in additional wealth in the last eight years. As you so eloquently stated, very little has ended up in the hands of poor and working Americans

Is that a justification to take money away from the wealthy and give to the poor? Of course not

But it is a justification to insist that the wealthy can afford to pay higher tax rates, the "job creators" can afford to pay higher wages, we can afford to pay a higher minimum wage

Are you suggesting a $15 an hour minimum wage? Because if you are then you'd best understand the ramifications of that for entry level employment. If you think unemployment is bad for young people and unskilled workers trying to enter the job market now...just wait and see how it is with a $15 and hour minimum!

You seem to be confused. If you raise taxes on the wealthy what are you doing with that money? Don't you intend to give it to the poor? Isn't that what Hillary and every other progressive promises will happen?

 

[Oldstyle]

We're not collapsing...we're treading water and that's all we've done for the past eight years!

Wrong.

Barack Obama will be the first President in American history to have 8 years of economic growth below 2%...he's averaging 1.5% growth. It's the very definition of treading water. So show me why I'm "wrong"!

We are slowly, but steadily recovering from losses of 800,000 jobs per month. I'm sorry if he wasn't able to clean up the right wing mess fast enough to suit you.

You know what, Bulldog? You could have made that argument six years ago and had a point! Coming up on the 8 year mark of the Obama Presidency that claim has become laughable. Tell me what Barack Obama's been doing the last two years to grow the economy? I challenge you to even tell me who his economic advisors are right now! You know why NOBODY knows who they are without Googling them...because Obama hasn't proposed something that would grow the economy since Larry Summers left years ago. He's absolutely clueless when it comes to economics and doesn't even TRY at this point!

He doesn't waste time trying to do things he knows the right will block. He already said he had wasted too much time hoping they would cooperate. When he realized that they truly would fight everything, even if it hurt the country, he changed his tactics and got quite a lot done.

Reagan worked with Tip O'Neal...Clinton worked with Newt Gingrich...Bush worked with Nancy Pelosi...but for some reason Barry can't work with anyone from the other side?

Gee, Bulldog...maybe we should have elected that Romney guy last election...you know the GOP Governor from a heavily Democratic State that had already proven he COULD work across the aisle?

 

[BULLDOG]

The US has added $50 trillion to total national wealth since 2008

Hardly an economy that is suffering

How much of that wealth ended up in the hands of the Middle Class or the poor? It's amazing how you liberals can rant about income inequality but then turn around and brag about how much wealth you've "added" to the richest in America as if THAT is indicative of a strong economy! The majority of that 50 trillion is made up of stock market gains that the average American has not gotten a piece of!

Distribution of wealth is a related issue

We have created $50 trillion in additional wealth in the last eight years. As you so eloquently stated, very little has ended up in the hands of poor and working Americans

Is that a justification to take money away from the wealthy and give to the poor? Of course not

But it is a justification to insist that the wealthy can afford to pay higher tax rates, the "job creators" can afford to pay higher wages, we can afford to pay a higher minimum wage

Are you suggesting a $15 an hour minimum wage? Because if you are then you'd best understand the ramifications of that for entry level employment. If you think unemployment is bad for young people and unskilled workers trying to enter the job market now...just wait and see how it is with a $15 and hour minimum!

You seem to be confused. If you raise taxes on the wealthy what are you doing with that money? Don't you intend to give it to the poor? Isn't that what Hillary and every other progressive promises will happen?

You should make up your mind. You claim Mexican immigrants are causing our wages to fall, and then claim wages are high enough. Which is it?

 

[BULLDOG]

Wrong.

Barack Obama will be the first President in American history to have 8 years of economic growth below 2%...he's averaging 1.5% growth. It's the very definition of treading water. So show me why I'm "wrong"!

We are slowly, but steadily recovering from losses of 800,000 jobs per month. I'm sorry if he wasn't able to clean up the right wing mess fast enough to suit you.

You know what, Bulldog? You could have made that argument six years ago and had a point! Coming up on the 8 year mark of the Obama Presidency that claim has become laughable. Tell me what Barack Obama's been doing the last two years to grow the economy? I challenge you to even tell me who his economic advisors are right now! You know why NOBODY knows who they are without Googling them...because Obama hasn't proposed something that would grow the economy since Larry Summers left years ago. He's absolutely clueless when it comes to economics and doesn't even TRY at this point!

He doesn't waste time trying to do things he knows the right will block. He already said he had wasted too much time hoping they would cooperate. When he realized that they truly would fight everything, even if it hurt the country, he changed his tactics and got quite a lot done.

Reagan worked with Tip O'Neal...Clinton worked with Newt Gingrich...Bush worked with Nancy Pelosi...but for some reason Barry can't work with anyone from the other side?

Gee, Bulldog...maybe we should have elected that Romney guy last election...you know the GOP Governor from a heavily Democratic State that had already proven he COULD work across the aisle?

So you;re saying anybody on the right was willing to work with him? He tried. They refused.

 

[Oldstyle]

The US has added $50 trillion to total national wealth since 2008

Hardly an economy that is suffering

How much of that wealth ended up in the hands of the Middle Class or the poor? It's amazing how you liberals can rant about income inequality but then turn around and brag about how much wealth you've "added" to the richest in America as if THAT is indicative of a strong economy! The majority of that 50 trillion is made up of stock market gains that the average American has not gotten a piece of!

Distribution of wealth is a related issue

We have created $50 trillion in additional wealth in the last eight years. As you so eloquently stated, very little has ended up in the hands of poor and working Americans

Is that a justification to take money away from the wealthy and give to the poor? Of course not

But it is a justification to insist that the wealthy can afford to pay higher tax rates, the "job creators" can afford to pay higher wages, we can afford to pay a higher minimum wage

Are you suggesting a $15 an hour minimum wage? Because if you are then you'd best understand the ramifications of that for entry level employment. If you think unemployment is bad for young people and unskilled workers trying to enter the job market now...just wait and see how it is with a $15 and hour minimum!

You seem to be confused. If you raise taxes on the wealthy what are you doing with that money? Don't you intend to give it to the poor? Isn't that what Hillary and every other progressive promises will happen?

You should make up your mind. You claim Mexican immigrants are causing our wages to fall, and then claim wages are high enough. Which is it?

When did I claim that Mexican immigrants have caused our wages to fall?

When a free market sets wages at a certain level then that's what that job is worth. It has nothing to do with me...nor should it have anything to do with the government.

 

[rdean]

In the meantime, we have 5.8 million jobs unfilled because people don't have the skills.

As long as Republicans teach their children education is a liberal plot, they will continue to drag down the country's economy.

Skilled people function IN THE MEANTIME. They make their time a mean to be applied into any other measurement of their preference.

Jobs unfilled? I acknowledge unemployment, but that doesn't imply standard jobs, it implies individual citizens, individual students, individual professionals.

Your second paragraph is null. It is resisting subsidies and creating incentives for the exportation of qualified debaters. That's not an indication of the country's economy, it is an indication of your comprehension of the country's economy. Null.

Welcome to my party. Welcome to politics.

Skilled people function IN THE MEANTIME. They make their time a mean to be applied into any other measurement of their preference.

What the fuck does that mean?

Jobs unfilled? I acknowledge unemployment, but that doesn't imply standard jobs, it implies individual citizens, individual students, individual professionals.

Yea, 5.8 million jobs unfilled. Because people with the right skill set can't be found. So if by "standard job" you mean minimum wage, then you can't apply the word "individual". If you mean "skilled", then you can apply the word individual, or even "right match".

The entire deep south, the heart of the Republican Party, is also the "drop out" belt of the United States. You don't even need to be a "Master Debater" to know that. The facts are based on actual studies. The data is easily available.

 

[Holos]

you have a serious shortcoming in your economic understanding if you think the fed provides the budget and normally monetizes the deficit.

Yes, indeed. I'm provided for by quick and stable means.

There is no 'statistical assessment', it is an exact accounting.

Statistics is an exact science of the comparison, application and resolution of the relation between variables.

Accounting isn't only arithmetic and algebra, it's a relation between numerical and categorical groups. We use statistics for accounting when there are multiple parties involved. Accounting describes activities for multiple advancing status, both varying and constant.

 

[Oldstyle]

Barack Obama will be the first President in American history to have 8 years of economic growth below 2%...he's averaging 1.5% growth. It's the very definition of treading water. So show me why I'm "wrong"!

We are slowly, but steadily recovering from losses of 800,000 jobs per month. I'm sorry if he wasn't able to clean up the right wing mess fast enough to suit you.

You know what, Bulldog? You could have made that argument six years ago and had a point! Coming up on the 8 year mark of the Obama Presidency that claim has become laughable. Tell me what Barack Obama's been doing the last two years to grow the economy? I challenge you to even tell me who his economic advisors are right now! You know why NOBODY knows who they are without Googling them...because Obama hasn't proposed something that would grow the economy since Larry Summers left years ago. He's absolutely clueless when it comes to economics and doesn't even TRY at this point!

He doesn't waste time trying to do things he knows the right will block. He already said he had wasted too much time hoping they would cooperate. When he realized that they truly would fight everything, even if it hurt the country, he changed his tactics and got quite a lot done.

Reagan worked with Tip O'Neal...Clinton worked with Newt Gingrich...Bush worked with Nancy Pelosi...but for some reason Barry can't work with anyone from the other side?

Gee, Bulldog...maybe we should have elected that Romney guy last election...you know the GOP Governor from a heavily Democratic State that had already proven he COULD work across the aisle?

So you;re saying anybody on the right was willing to work with him? He tried. They refused.

So you're saying that when Barack Obama took office with those large majorities in the House and the Senate that he was willing to work with the GOP? Really? When did that happen? If you'll recall, he called a meeting with the GOP leadership and then lectured them that "elections have consequences...I won!" Then he let Nancy Pelosi and Harry Reid do both the Obama Stimulus and ObamaCare with Republicans excluded from the process. It was totally "My way or the highway" right up until the 2010 mid-terms when the political shit hit the fan because the American electorate voted out Democrats at the highest rate in modern political history! Amazingly the guy who stated elections have consequences two years earlier did a complete about face and declared that elections DIDN'T have consequences because he had a phone and a pen and that he would be circumventing Congress and pushing his agenda with Executive Orders! If that is what you call "working" with the Opposition then you have a strange concept of how that "works"!

 

[rightwinger]

The US has added $50 trillion to total national wealth since 2008

Hardly an economy that is suffering

How much of that wealth ended up in the hands of the Middle Class or the poor? It's amazing how you liberals can rant about income inequality but then turn around and brag about how much wealth you've "added" to the richest in America as if THAT is indicative of a strong economy! The majority of that 50 trillion is made up of stock market gains that the average American has not gotten a piece of!

Distribution of wealth is a related issue

We have created $50 trillion in additional wealth in the last eight years. As you so eloquently stated, very little has ended up in the hands of poor and working Americans

Is that a justification to take money away from the wealthy and give to the poor? Of course not

But it is a justification to insist that the wealthy can afford to pay higher tax rates, the "job creators" can afford to pay higher wages, we can afford to pay a higher minimum wage

Are you suggesting a $15 an hour minimum wage? Because if you are then you'd best understand the ramifications of that for entry level employment. If you think unemployment is bad for young people and unskilled workers trying to enter the job market now...just wait and see how it is with a $15 and hour minimum!

You seem to be confused. If you raise taxes on the wealthy what are you doing with that money? Don't you intend to give it to the poor? Isn't that what Hillary and every other progressive promises will happen?

$15 an hour?
Sure, $15 an hour seems reasonable to me

Why? Because I used to make $2 an hour minimum wage
For a stinking $2 an hour, I could buy a brand new car after working six months, take you a year now
I could pay my college tuition after working two months in the summer, take you eight months now
For that $2 an hour, I could buy six gallons of gas, can only buy three and a half now

Minimum wage has been stagnant and buys less than half what it used to....I can support doubling it

 

[Oldstyle]

The US has added $50 trillion to total national wealth since 2008

Hardly an economy that is suffering

How much of that wealth ended up in the hands of the Middle Class or the poor? It's amazing how you liberals can rant about income inequality but then turn around and brag about how much wealth you've "added" to the richest in America as if THAT is indicative of a strong economy! The majority of that 50 trillion is made up of stock market gains that the average American has not gotten a piece of!

Distribution of wealth is a related issue

We have created $50 trillion in additional wealth in the last eight years. As you so eloquently stated, very little has ended up in the hands of poor and working Americans

Is that a justification to take money away from the wealthy and give to the poor? Of course not

But it is a justification to insist that the wealthy can afford to pay higher tax rates, the "job creators" can afford to pay higher wages, we can afford to pay a higher minimum wage

Are you suggesting a $15 an hour minimum wage? Because if you are then you'd best understand the ramifications of that for entry level employment. If you think unemployment is bad for young people and unskilled workers trying to enter the job market now...just wait and see how it is with a $15 and hour minimum!

You seem to be confused. If you raise taxes on the wealthy what are you doing with that money? Don't you intend to give it to the poor? Isn't that what Hillary and every other progressive promises will happen?

$15 an hour?
Sure, $15 an hour seems reasonable to me

Why? Because I used to make $2 an hour minimum wage
For a stinking $2 an hour, I could buy a brand new car after working six months, take you a year now
I could pay my college tuition after working two months in the summer, take you eight months now
For that $2 an hour, I could buy six gallons of gas, can only buy three and a half now

Minimum wage has been stagnant and buys less than half what it used to....I can support doubling it

Can you "support" the massive job losses that would engender?

 

[Oldstyle]

Or the massive inflation it would cause?

 

[Oldstyle]

Let me guess...you're one of those liberals that thinks you can almost double labor costs and not have it reflected in the cost of goods and services? You guys are a trip...seriously!

 

[rightwinger]

The US has added $50 trillion to total national wealth since 2008

Hardly an economy that is suffering

How much of that wealth ended up in the hands of the Middle Class or the poor? It's amazing how you liberals can rant about income inequality but then turn around and brag about how much wealth you've "added" to the richest in America as if THAT is indicative of a strong economy! The majority of that 50 trillion is made up of stock market gains that the average American has not gotten a piece of!

Distribution of wealth is a related issue

We have created $50 trillion in additional wealth in the last eight years. As you so eloquently stated, very little has ended up in the hands of poor and working Americans

Is that a justification to take money away from the wealthy and give to the poor? Of course not

But it is a justification to insist that the wealthy can afford to pay higher tax rates, the "job creators" can afford to pay higher wages, we can afford to pay a higher minimum wage

Are you suggesting a $15 an hour minimum wage? Because if you are then you'd best understand the ramifications of that for entry level employment. If you think unemployment is bad for young people and unskilled workers trying to enter the job market now...just wait and see how it is with a $15 and hour minimum!

You seem to be confused. If you raise taxes on the wealthy what are you doing with that money? Don't you intend to give it to the poor? Isn't that what Hillary and every other progressive promises will happen?

$15 an hour?
Sure, $15 an hour seems reasonable to me

Why? Because I used to make $2 an hour minimum wage
For a stinking $2 an hour, I could buy a brand new car after working six months, take you a year now
I could pay my college tuition after working two months in the summer, take you eight months now
For that $2 an hour, I could buy six gallons of gas, can only buy three and a half now

Minimum wage has been stagnant and buys less than half what it used to....I can support doubling it

Can you "support" the massive job losses that would engender?

Sure can

The last minimum wage increase was in 2009. Small business has seen their wealth increase from $6.2 trillion in 2008 to $11.2 trillion today

They have almost doubled their wealth, Looks like they can support doubling what they pay their workers

U.S. National Debt Clock : Real Time

 

[Oldstyle]

In the meantime, we have 5.8 million jobs unfilled because people don't have the skills.

As long as Republicans teach their children education is a liberal plot, they will continue to drag down the country's economy.

Skilled people function IN THE MEANTIME. They make their time a mean to be applied into any other measurement of their preference.

Jobs unfilled? I acknowledge unemployment, but that doesn't imply standard jobs, it implies individual citizens, individual students, individual professionals.

Your second paragraph is null. It is resisting subsidies and creating incentives for the exportation of qualified debaters. That's not an indication of the country's economy, it is an indication of your comprehension of the country's economy. Null.

Welcome to my party. Welcome to politics.

Skilled people function IN THE MEANTIME. They make their time a mean to be applied into any other measurement of their preference.

What the fuck does that mean?

Jobs unfilled? I acknowledge unemployment, but that doesn't imply standard jobs, it implies individual citizens, individual students, individual professionals.

Yea, 5.8 million jobs unfilled. Because people with the right skill set can't be found. So if by "standard job" you mean minimum wage, then you can't apply the word "individual". If you mean "skilled", then you can apply the word individual, or even "right match".

The entire deep south, the heart of the Republican Party, is also the "drop out" belt of the United States. You don't even need to be a "Master Debater" to know that. The facts are based on actual studies. The data is easily available.

Manufacturing jobs making a comeback in southern U.S. - NBC News

 

[Oldstyle]

How much of that wealth ended up in the hands of the Middle Class or the poor? It's amazing how you liberals can rant about income inequality but then turn around and brag about how much wealth you've "added" to the richest in America as if THAT is indicative of a strong economy! The majority of that 50 trillion is made up of stock market gains that the average American has not gotten a piece of!

Distribution of wealth is a related issue

We have created $50 trillion in additional wealth in the last eight years. As you so eloquently stated, very little has ended up in the hands of poor and working Americans

Is that a justification to take money away from the wealthy and give to the poor? Of course not

But it is a justification to insist that the wealthy can afford to pay higher tax rates, the "job creators" can afford to pay higher wages, we can afford to pay a higher minimum wage

Are you suggesting a $15 an hour minimum wage? Because if you are then you'd best understand the ramifications of that for entry level employment. If you think unemployment is bad for young people and unskilled workers trying to enter the job market now...just wait and see how it is with a $15 and hour minimum!

You seem to be confused. If you raise taxes on the wealthy what are you doing with that money? Don't you intend to give it to the poor? Isn't that what Hillary and every other progressive promises will happen?

$15 an hour?
Sure, $15 an hour seems reasonable to me

Why? Because I used to make $2 an hour minimum wage
For a stinking $2 an hour, I could buy a brand new car after working six months, take you a year now
I could pay my college tuition after working two months in the summer, take you eight months now
For that $2 an hour, I could buy six gallons of gas, can only buy three and a half now

Minimum wage has been stagnant and buys less than half what it used to....I can support doubling it

Can you "support" the massive job losses that would engender?

Sure can

The last minimum wage increase was in 2009. Small business has seen their wealth increase from $6.2 trillion in 2008 to $11.2 trillion today

They have almost doubled their wealth, Looks like they can support doubling what they pay their workers

U.S. National Debt Clock : Real Time

You honestly think that small business owners can absorb a doubling of their labor costs, Winger? Wow...and people wonder why progressives and economics don't mix!

 

[Holos]

Skilled people function IN THE MEANTIME. They make their time a mean to be applied into any other measurement of their preference.

What the fuck does that mean?

Means you can measure your time to measure any other aspect of your experience that would be relevant to providing what currently is lacking for you.

You perceive a need for jobs? I suppose you aren't appropriately jobbed, otherwise the need for jobs would already be decreasing from yesterday to today, since your excellence means that you may also provide for others to excel.


Here is an example:

People need to eat so they have the energy and desire to fill any imagined or available job.

So eating requires the job of food preparation, before it moves on to allow for a second job.

Let's then take the job of food preparation as a model for the standards required in any job. In the job of food preparation, as in any other job, measuring time is crucial.

After measuring the time - that is, making sure food doesn't burn when you are cooking it, or making sure food doesn't slip off the plate after the food is cooked or placed raw, you can proceed to measure the size of how much you will scoop or poke each time you bring the already plated food to your mouth. Then you can continue working with measurements from those you already used to associate different elements, instead of isolating them as you do in the beginning.

That way the millions of jobs aren't simply dependent on a single worker, but are associated to all the elements that can be involved in any work, which a single worker can educate about and thus promote qualified professionals even unto innovate, and at least to math their financial needs.

 

[rightwinger]

Distribution of wealth is a related issue

We have created $50 trillion in additional wealth in the last eight years. As you so eloquently stated, very little has ended up in the hands of poor and working Americans

Is that a justification to take money away from the wealthy and give to the poor? Of course not

But it is a justification to insist that the wealthy can afford to pay higher tax rates, the "job creators" can afford to pay higher wages, we can afford to pay a higher minimum wage

Are you suggesting a $15 an hour minimum wage? Because if you are then you'd best understand the ramifications of that for entry level employment. If you think unemployment is bad for young people and unskilled workers trying to enter the job market now...just wait and see how it is with a $15 and hour minimum!

You seem to be confused. If you raise taxes on the wealthy what are you doing with that money? Don't you intend to give it to the poor? Isn't that what Hillary and every other progressive promises will happen?

$15 an hour?
Sure, $15 an hour seems reasonable to me

Why? Because I used to make $2 an hour minimum wage
For a stinking $2 an hour, I could buy a brand new car after working six months, take you a year now
I could pay my college tuition after working two months in the summer, take you eight months now
For that $2 an hour, I could buy six gallons of gas, can only buy three and a half now

Minimum wage has been stagnant and buys less than half what it used to....I can support doubling it

Can you "support" the massive job losses that would engender?

Sure can

The last minimum wage increase was in 2009. Small business has seen their wealth increase from $6.2 trillion in 2008 to $11.2 trillion today

They have almost doubled their wealth, Looks like they can support doubling what they pay their workers

U.S. National Debt Clock : Real Time

You honestly think that small business owners can absorb a doubling of their labor costs, Winger? Wow...and people wonder why progressives and economics don't mix!

In post 48 I described how the nation has seen $50 trillion increase in wealth and claimed I did not want to take money from the rich and give it to the poor. I did use it as a justification that our nation can afford to pay higher wages

Small business has seen an increase of $5 trillion in its wealth. That wealth has come on the backs of its lowest paid workers who have not seen a wage increase in eight years

I don't want to hear business crying poverty when it comes to wages. They have just become comfortable with paying low wages

 

[rightwinger]

Small business has become accustomed to a business model where they pay ridiculously low wages. Their expenses for rent, energy, taxes, insurance, supplies have all gone up significantly in the last eight years. Their expenses for labor have not

Time to develop a new business model

 

[Pilate]

People think way too much of the president's influence on the economy. It's actually surprisingly limited.

 

[BULLDOG]

The US has added $50 trillion to total national wealth since 2008

Hardly an economy that is suffering

How much of that wealth ended up in the hands of the Middle Class or the poor? It's amazing how you liberals can rant about income inequality but then turn around and brag about how much wealth you've "added" to the richest in America as if THAT is indicative of a strong economy! The majority of that 50 trillion is made up of stock market gains that the average American has not gotten a piece of!

Distribution of wealth is a related issue

We have created $50 trillion in additional wealth in the last eight years. As you so eloquently stated, very little has ended up in the hands of poor and working Americans

Is that a justification to take money away from the wealthy and give to the poor? Of course not

But it is a justification to insist that the wealthy can afford to pay higher tax rates, the "job creators" can afford to pay higher wages, we can afford to pay a higher minimum wage

Are you suggesting a $15 an hour minimum wage? Because if you are then you'd best understand the ramifications of that for entry level employment. If you think unemployment is bad for young people and unskilled workers trying to enter the job market now...just wait and see how it is with a $15 and hour minimum!

You seem to be confused. If you raise taxes on the wealthy what are you doing with that money? Don't you intend to give it to the poor? Isn't that what Hillary and every other progressive promises will happen?

You should make up your mind. You claim Mexican immigrants are causing our wages to fall, and then claim wages are high enough. Which is it?

When did I claim that Mexican immigrants have caused our wages to fall?

When a free market sets wages at a certain level then that's what that job is worth. It has nothing to do with me...nor should it have anything to do with the government.

Mexicans causing a lowering of wages is a common right wing claim. Are you sure you want to deviate from the script?