Employment Surge Best Since 2006

We would look at what other candidates felt possible

Have a look at thisl


Actually given the hole we started out in, things look good

Btw
Check out gw bush
Basically no job growth until we got the real estate asset bubble
I guess tax cuts did not do all that much

 

Those in the tank for Obama will always spin the numbers to make their hero look good. Everyone knows the truth: the economy stinks.

 

Someones trapped inside the exact same delusional bubble in which Mr. Obama has taken refuge.

It is insulting to hear the rabid false insinuations of some people in this forum claiming economic success under Obama while many suffer.
I have family who were absolute Obama worshipers. At one time they had posters of him in the den, effigies throughout the home and you could not utter ONE WORD about him unless it was absolute praise.

6 years later, they have removed the Obama items and lament that their business which ran wonderfully for over 22 years, had to close this past year due to a drought in their business that started around 2010. Obama speak is notoriously lacking now in their home and in their presence.

This story is being repeated across millions of American businesses and in millions of American homes.

The only ones who have truly benefited from his Presidency are the wealthy and his partners in crime.

The OP sounds as though it is from the viewpoint of someone not in the middle class.

 

Bottom line is that he is paying back whitey for slavery and paying back Jews and Christians for messing with islam. Americans were fools to vote for this guy.

 

I could care less what other candidates felt possible with their polices versus what occurred under Obama policies, it is a non sequitur.

There was no hole the Democrats started in. When they took over in 2007, the economy was doing quite well.

Ahhh when you have full employment and a high labor participate rate you don't have to create a lot of new jobs do you. We had 52 months of full employment after those tax rate cuts went into effect, growing middle class incomes and soaring revenues and the Republicans handed the Democrats a deficit of a measly $161B. What happened after they took over?

 

For the life of me I can't understand while anyone in the middle class supports Obama and the Democrats. They have decimate the middle class and the affects are going to last for decades.

 

The economy was doing well???
You are living in a partisan dream world

 

lol Because the other option is always a republican? Or is your argument that republicans care more about the middle class than democrats? Not sure how one could come to that conclusion.

 

In 2007, yes sir it was doing well although we were coming to the end of a normal business cycle after 52 months of solid growth, full employment and rising middle class incomes. So how many months of solid growth, full employment and rising incomes have we had with the Democrats running the recovery after the 2008/2009 recession?

 

You can come to that conclusion by the results of each's policies. The middle class did well in the 90's but best after the Republican took control and forced budget restraint and tax cuts and welfare reform on Bill Clinton. It did well coming out the 2000/2001 recession under the republican policies of Bush and the Republican congress. It has sucked under Democrat control ever since.

 

Obama was inaugurated 2009..... Not 2007

The Emergency Economic Stabilization Act of 2008 (Division A of Pub.L. 110–343, 122 Stat. 3765, enacted October 3, 200, commonly referred to as a bailout of the U.S. financial system, is a law enacted in response to the subprime mortgage crisis authorizing the United States Secretary of the Treasury to spend up to $700 billion to purchase distressed assets, especially mortgage-backed securities, and supply cash directly to banks. The funds for purchase of distressed assets were mostly redirected to inject capital into banks and other financial institutions while the Treasury continued to examine the usefulness of targeted asset purchases.[1][2] Both foreign and domestic banks are included in the program. The Federal Reserve also extended help to American Express, whose bank-holding application it recently approved.[3] The Act was proposed by Treasury Secretary Henry Paulson during the global financial crisis of 2008.

It was a terrifying time

 

So what? The Democrats, including one Senator Obama, took control of the government in 2007.

Yes I know what the EESA was. You got a point?

And the act stopped the financial meltdown and shored them up and then the money was paid back by the lending institutions. And then the Democrat policies including Obama's stimulus which he got failed miserably to get us into the full recovery and we have been suffering for over 7 years now and the best the Obama supporters can say is that things may look "encouraging".

 

So just to be clear
Republicans took control of the gov in the last election and are now responsible.... Because they control congress as the dems did in 2007 when you say they took control

 

Yes to the extent they have the majority power in government now, are you under the impression Presidents are Kings? And we see that as opposed to the Democrats for the last 6 years they are actually going to pass a budget and start working on eliminating the obstacles to a full recovery. So let's see if Obama will obstruct that. And of course in 2009 the Democrats took FULL control of the government and we see the failures that resulted.

 

Failed? Naw, it was quite successful as far as it went. Problem was that NOBODY knew just how bad a hole Bush and the Republicans had dug for us in this country and the world and it was quite a while before anybody found out. By then, Republicans were able to block any more recovery efforts and we've suffered ever since. But I don love your revisionist history.

 

So republicans took control
And immediately the economy fell in the tank

Own it

 

The economy has been in the tank for over 7 years, I was quite clear about shifts in power and balances of power if you don't understand all by yourself I can't help you.

Own it[/QUOTE]

 

It never went anywhere.

Bush and the Republicans handed the Democrats a solid economoy, full employment and a measly $161B deficit. Where did the Democrats take it?

Obama got his key legislation including but not limited to his stimulus plan and health care reform. Excuses notwithstanding.

Your bottom line is that it was just too hard for him. A good reason he should never have been elected, he was not competent to deal with the problems and simply gave up after his first plan fell on it's face. Same way he is giving up his own health care plan trying to hand the ball off and play the don't blame me game.

 

Who took over Congress in Jan 2007?

 

I wonder how encouraging the inevitable 'adjustment' will be? There is ample reason not to trust anything the government says...

 

How long have you been living on this planet?

Again, the stimulus was good as far as it went; it just didn't go far enough. The health care plan passed despite every effort of Republicans to kill it (and millions of Americans in the process). Had Repubs participated in what was arguably mostly their plan, it could have been a while lot better.

I don't know how far back in our history you would have to go to find a political party more intent on gaining political power while it came at the expense of the country and the people in it, nor one which did everything it could to thwart every reasonable action by a president. Perhaps never.

 

When I was in college we used to laugh (and shudder) at the idea that something as horrible as Orwell's "1984" could ever come into being. Now, after fifteen years of Idiot Bush and Idiot Obama we're closer to it than any of us imagined before.

Using the Federal Reserve combine, the stock market is now overvalued by about 200%, creating vast wealth for the criminal investment banker class that caused the Great Recession, starting in 2006. Stooge Bush stood up there on stage with the rest of the Fed's gang and promoted all the lies needed to make certain that the rich would get richer, and the poor would get poorer, and the middle-class would be obliterated.

Stooge Obama's biggest contribution to this American sewage is seen in the emergence of what are today called NEET's": http://en.wikipedia.org/wiki/NEET
In brief, these are people (generally under about 35) who do little or nothing with their lives. They get varying degrees of welfare subsistence from the government, and from Mommy and Daddy, and piddle around working at part-time jobs, or other bustout-class jobs with little pay and no future.

Want to know what's really happening? Re-read George Orwell's "1984"... it's ALL in there....

 

trickle down hurt the economy, the rich hold most of the money now, as a nation we are richer then ever

but when all the money is at the top, the entire country is poorer for it

.

 

Longer than you I would imagine. So insult are all you left with?

It was HUGE and didn't go anywhere.

Yes AS I SAID, he got what he wanted.

I don't know how far back in our history you would have to go to find a political party more intent on gaining political power while it came at the expense of the country and the people in it, nor one which did everything it could to thwart every reasonable action by a president. Perhaps never.[/QUOTE]

How about Democrats 2008, 2012 and now 2016. And there have been no actions by this President to thwart, since his stimulus failed he has offered nothing and now that his healthcare plan needs to be fixed by his own admittance he won't even say what needs to be fixed nor offer any fixes and even this blatantly bad part of the bill which they designed to do just what it is doing he offers no fixes.

Your attempted excuses don't carry any water for him.

 

You mean supply side? Wrong in helped usher in 52 months of full employment, rising incomes, soaring tax revenues and shift millions at the bottom off the the tax rolls and shifted more of the tax burden to the higher earners. So what exactly is your complaint about it?

What better has trickle up done? Nothing, it has kept us from a full recovery, wrecked all the gains the middle class made from the late 90's to 2007, wreck the government budget, put more people on government subsistence and on and on.

Thank you Obama.