What happened to all of the doom and gloom economic threads?

[bra_man69]

What's childish is to stick your head in the sand and pretend that we didn't have two recessions under Reagan, and that Bush didn't cause the last one.

5 years still blaming bush

 

[the_kuntess]

5 years still blaming bush

Yep, his legacy lives on. And on and on.

 

[Bad_Doggie]

5 years still blaming bush

Who else is there to blame for the enormous fuck-up that occurred towards the end of the previous administration?

Yeah we know that it was congress except when it’s a republican congress; it’s the President except when it’s a republican president.

And sure. all the problems of the previous administration should have been resolved after, what, a year?

The only way we can judge an administration is if they leave a country in a better state than the one they inherited from their predecessor. Tbh to achieve that I don’t think the Obama administration have to try too hard or achieve much at all really.

Woof!

 

[Beco]

7.3% unemployment and falling .

Americans are participating in the workforce at the lowest level in 35 years, according to government data released Friday, as lackluster job growth fails to offset the droves of people who have given up looking for work.

According to the Labor Department, the economy added a disappointing 169,000 jobs in August. In addition, the government lowered its estimate of the number of jobs created in June and July by 74,000 positions.

 

[RobDownSouth]

What's childish is to stick your head in the sand and pretend that we didn't have two recessions under Reagan, and that Bush didn't cause the last one.

<Landslider mode>
That...THAT....THAT'S DIFFERENT!


"Everyone knows" modern history began on January 20th, 2009.

Anything that happened before that is ancient history and irrelevant.


</Landslider mode>

 

[Beco]

Oh and the number of Americans working part-time for economic reasons plummets -334,000 to its lowest level in over a year. Republicans pretend it didn't happen.

Discouraged workers dropped -120,000. Republicans pretend that it didn't happen.


http://bls.gov/news.release/empsit.a.htm

The grinding pace of recovery has hollowed out the workforce. Government data showed that only 63.2 percent of working-age Americans have a job or are looking for one, the lowest proportion since 1978. Nearly 90 million people are now considered out of the labor force, up 1.7 million from August 2012.

“We just don’t see this consistent, strong job market that’s really going to entice people to go back into it,” said Michael Evangelist, policy analyst at the National Employment Law Project. “You don’t want people falling out of the labor force where they’re not able to contribute and not able to find work.”

 

[landslider2000]

Whether America has x recessions, and whether some person's favorite -- or least favorite -- politician had some indirect role in them, the investor must press on.

Investing is an inherently optimistic endeavor.

Whether Ford is president, or Carter, or Obama, it is necessary to adapt and seek to overcome.

It is important to know what real unemployment is, and now in America it is nearly 14 percent.

 

[RobDownSouth]

Investing is an inherently optimistic endeavor.

Whether Ford is president, or Carter, or Obama, it is necessary to adapt and seek to overcome.

It is important to know what real unemployment is, and now in America it is nearly 14 percent.

But it is childish to commit the post hoc fallacy.

Whether America has x recessions, and whether some person's favorite -- or least favorite -- politician had some indirect role in them, the investor must press on.

Investing is an inherently optimistic endeavor.

Whether Ford is president, or Carter, or Obama, it is necessary to adapt and seek to overcome.

It is important to know what real unemployment is, and now in America it is nearly 14 percent.

Repetition doesn't make you appear any smarter.

Quite the opposite, in fact.

Very childish.

 

[Beco]

Whether America has x recessions, and whether some person's favorite -- or least favorite -- politician had some indirect role in them, the investor must press on.

Investing is an inherently optimistic endeavor.

Whether Ford is president, or Carter, or Obama, it is necessary to adapt and seek to overcome.

It is important to know what real unemployment is, and now in America it is nearly 14 percent.

some of us live in the present......its not an argument to say, well, Carter had recessions or Reagan. Lets deal with now

 

[RobDownSouth]

some of us live in the present......its not an argument to say, well, Carter had recessions or Reagan. Lets deal with now

Yes, let's do that.

You seem to be fixated on unemployment of late.

What, in your mind, if anything, would help unemployed Americans find jobs?

Let's assume just this once that the stock fringe-right answer of "less regulation! Derp!" is off the table.

Personally, I'm in favor of joint federal-state apprenticeship programs (not unlike Germany) for non-college-inclined folks to learn a trade.

Thoughts?

 

[Bad_Doggie]

some of us live in the present......its not an argument to say, well, Carter had recessions or Reagan. Lets deal with now

The problems we have in the present are mostly the problems created in the recent past.

The problems or success in the future will be a result of the decisions taken today.

It’s really not that difficult a concept to grasp.

Woof!

 

[Bad_Doggie]

Yes, let's do that.

You seem to be fixated on unemployment of late.

What, in your mind, if anything, would help unemployed Americans find jobs?

Let's assume just this once that the stock fringe-right answer of "less regulation! Derp!" is off the table.

Personally, I'm in favor of joint federal-state apprenticeship programs (not unlike Germany) for non-college-inclined folks to learn a trade.

Thoughts?

Germany is, probably, the most robust and successful economic model over the past 40-50 years.

Relentless, steady economic growth.

It surprises me the economic nimrods here ignore it completely.

B B B But, socialism doesn’t work!

Woof!

 

[landslider2000]

There are 2 levels of discussion.

There's the usual nonsense where some kid on a BB says "I don't like Politician X and he directly, personally caused this or that recession."

And that is the superficial sort of stuff mostly posted here.

With silly stuff such as suggesting that this or that person thinks history commenced in 2009, which of course nobody asserts or believes.

In the real world, transitory politicians can affect the economy, but typically not in dispositive fashion in America.

Nobody doubts that Romney (JD and MBA Harv) would have fomented more econ optimism than Obama (who may well have taken zero econ courses, and who looks to Euro-style welfare states as the model).

But an investor must press on regardless.

 

[Ajax_Prime]

Who else is there to blame for the enormous fuck-up that occurred towards the end of the previous administration?

Here's a couple of examples....

1999 Financial Services Modernization Act of 1999-Bill Clinton
1995 Community Reinvestment Act -Bill Clinton

I voted for Bill twice, but let's get real; these Acts played a very large role in the whole mess.

 

[Ulaven_Demorte]

Here's a couple of examples....

1999 Financial Services Modernization Act of 1999-Bill Clinton
1995 Community Reinvestment Act -Bill Clinton

I voted for Bill twice, but let's get real; these Acts played a very large role in the whole mess.

The repeal of Glass-Steagall by the Financial Services Modernization Act you can lay in Bill's lap for not giving it a big thumbs down veto. But the CRA had been around since 1977 had little to nothing to do with the financial meltdown. That was all because of Gramm-Leach-Bliley or The Financial Services Modernization Act that was lobbied heavily for by the banks ( note that Gramm, Leach, and Bliley were all Republicans).

 

[richard_daily]

5 years still blaming bush

Adults take responsibility, and place blame where it lies. It's no surprise that you have trouble with that.

 

[bra_man69]

Adults take responsibility, and place blame where it lies. It's no surprise that you have trouble with that.

Dick daily you haven't got a clue what responsibility is but that can be expected from a rapist and a liar like you.
Obama has yet to take responsibility for a fucking thing it's always someone are something why he can't do something are can do something.
5 years still blaming bush it would be hilarious if it wasn't so sad.

 

[Ulaven_Demorte]

Dick daily you haven't got a clue what responsibility is but that can be expected from a rapist and a liar like you.
Obama has yet to take responsibility for a fucking thing it's always someone are something why he can't do something are can do something.
5 years still blaming bush it would be hilarious if it wasn't so sad.

Please enroll in Adult education classes before attempting to post again. Trying to read your illiterate drivel hurts the brain.

 

[richard_daily]

Dick daily you haven't got a clue what responsibility is but that can be expected from a rapist and a liar like you.
Obama has yet to take responsibility for a fucking thing it's always someone are something why he can't do something are can do something.
5 years still blaming bush it would be hilarious if it wasn't so sad.

I'm sorry that you feel the need to make things up, and I have no clue what you're talking about, since you've been on ignore for a long time.

Obama hasn't done anything worse than Reagan has... yet you demonize one, and canonize the other. That speaks more about you, than it does about them.

Bush got us into this recession... If you want to pretend it started in January of 2009, that's fine, but it's not reality.

 

[richard_daily]

Please enroll in Adult education classes before attempting to post again. Trying to read your illiterate drivel hurts the brain.

I used to teach ESL classes. I could probably help him, but I'd have to charge at least triple my normal rate, since he's a pretty hopeless case.

 

[bra_man69]

Yes, let's do that.

You seem to be fixated on unemployment of late.

What, in your mind, if anything, would help unemployed Americans find jobs?

Let's assume just this once that the stock fringe-right answer of "less regulation! Derp!" is off the table.

Personally, I'm in favor of joint federal-state apprenticeship programs (not unlike Germany) for non-college-inclined folks to learn a trade.

Thoughts?

Do what there doing in west Texas it's booming out there even with Obama trying to stop it McDonald's starting pay is 17 dollars hour in Midland Texas.

 

[mercury14]

The grinding pace of recovery has hollowed out the workforce. Government data showed that only 63.2 percent of working-age Americans have a job or are looking for one, the lowest proportion since 1978. Nearly 90 million people are now considered out of the labor force, up 1.7 million from August 2012.

“We just don’t see this consistent, strong job market that’s really going to entice people to go back into it,” said Michael Evangelist, policy analyst at the National Employment Law Project. “You don’t want people falling out of the labor force where they’re not able to contribute and not able to find work.”

The workforce participation rate declined every single year Bush and the Republicans were in power. If you weren't outraged about it then, then you can't be outraged about it now. Clearly Republican economic policies have no positive impact on the rate.

 

[unregistered]

 

[RobDownSouth]

The repeal of Glass-Steagall by the Financial Services Modernization Act you can lay in Bill's lap for not giving it a big thumbs down veto. But the CRA had been around since 1977 had little to nothing to do with the financial meltdown. That was all because of Gramm-Leach-Bliley or The Financial Services Modernization Act that was lobbied heavily for by the banks ( note that Gramm, Leach, and Bliley were all Republicans).

Agreed, the FSMA was centrist Clinton attempting to mollify the stooge libertarians and their discredited "less regulation equals moar profits!". This in turn led to those toxic derivatives created in Dubya's first term that were sold to gullible grandmothers. That's the biggest stain on Clinton's legacy....and Funny or Die's presidential summit parody captures it perfectly when "President Obama" rips "President Clinton", who dismissively says "hey..it was the times!"

The CRA is just boilerplate fringe-right Derp. They can't take any responsibility for the Bush Recession...EVER....so the CRA is just about the only bogeyman they have.

 

[richard_daily]

Dear diaper sized ass wedge, the "fraud" is in all of the able bodied lazy mofos on the fucking program, and the fraudulent President pushing the fraudulent giveaway.

They "earned" it, just like you did.