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-   -   Republican's heads suddenly explode around the country (https://gfy.com/showthread.php?t=1216594)

Rochard 09-14-2016 09:05 AM
Quote:
Originally Posted by suesheboy (Post 21160915)
You nailed it.
Unemployment is everything. It's very simple. When people are unemployed, they are unable to spend money. When people are unable to spend money, they don't buy stuff.

I am not saying Obama is our hero. The ONLY solution to the economic crisis the United States was facing was time. Chances are Mitt Romney or my pet dog could have done just as good as Obama did on the economy.

woj 09-14-2016 09:19 AM
Quote:
Originally Posted by Rochard (Post 21161689)
Unemployment is everything. It's very simple. When people are unemployed, they are unable to spend money. When people are unable to spend money, they don't buy stuff.

I am not saying Obama is our hero. The ONLY solution to the economic crisis the United States was facing was time. Chances are Mitt Romney or my pet dog could have done just as good as Obama did on the economy.
GDP is everything...

when employment grows, while GDP stays the same, it means that more people are working but our wealth isn't growing... :error

it's kinda like working more hours for same pay, certainly not a good outcome...

Vendzilla 09-14-2016 09:24 AM
Quote:
Originally Posted by Rochard (Post 21161677)
Yes, this is correct. Income remains less than it was in 2000 before the recession. But we are clearly heading in the right direction.

Why would we want "change"? Do we want income to go back down? Do we want unemployment to go back up?

The recession we had is not a "four or eight year problem". It's a ten to twenty year problem. There is no magic button to push to fix this.
So what you are saying is you are celebrating mediocrity ?

http://www.jarofquotes.com/img/quote...d5a7d7485a.jpg

Vendzilla 09-14-2016 09:27 AM
Quote:
Originally Posted by woj (Post 21161719)
GDP is everything...

when employment grows, while GDP stays the same, it means that more people are working but our wealth isn't growing... :error

it's kinda like working more hours for same pay, certainly not a good outcome...
Economic production and growth, what GDP represents, has a large impact on nearly everyone within the economy. When GDP growth is strong, firms hire more workers and can afford to pay higher salaries and wages, which leads to more spending by consumers on goods and services

Vendzilla 09-14-2016 09:34 AM
Quote:
Originally Posted by Rochard (Post 21161689)
Unemployment is everything. It's very simple. When people are unemployed, they are unable to spend money. When people are unable to spend money, they don't buy stuff.

I am not saying Obama is our hero. The ONLY solution to the economic crisis the United States was facing was time. Chances are Mitt Romney or my pet dog could have done just as good as Obama did on the economy.
You don't know what would have happened, but Obama's gains did happen with a republican congress, not a democrat congress, they failed

Problem is that the unemployment rate doesn't mean shit
The Official Unemployment Rate Is Wrong, Says Guy Who Used To Calculate It | Huffington Post

94 million out of work, remember that number

GFED 09-14-2016 09:52 AM
Quote:
Originally Posted by Paul Markham (Post 21160828)
What's happening is all the profits from the economy, are going to the very few.
Yes. Everything is working as intended.

Rochard 09-14-2016 10:07 AM
Quote:
Originally Posted by Vendzilla (Post 21161749)
You don't know what would have happened, but Obama's gains did happen with a republican congress, not a democrat congress, they failed
I don't care who did it so long as it's done. How many times do I need to say this - I don't think Obama is our hero. What fixed this isn't the President or Congress. What fixed this was time.

Vendzilla 09-14-2016 10:53 AM
Quote:
Originally Posted by Rochard (Post 21161836)
I don't care who did it so long as it's done. How many times do I need to say this - I don't think Obama is our hero. What fixed this isn't the President or Congress. What fixed this was time.
Too much time, it's finally fixing itself despite Obama's best efforts.

Vendzilla 09-14-2016 11:31 AM
Rochard, seems you jumped the gun, the Median Wage has dropped almost 1% this year so far
https://www.yahoo.com/finance/news/t...160228661.html

hottoddy 09-14-2016 11:33 AM
Oops, America's Incomes Are Actually Stalling

Probably an indicator that yesterday's Census Bureau data was incorrectly adjusted. They use an "adjusted for inflation" metric that's artificially low. Real costs are way up (health, rent, mortgage).

seeandsee 09-14-2016 11:35 AM
fucking charts

Relic 09-14-2016 02:49 PM
Quote:
Originally Posted by Rochard (Post 21161689)
Unemployment is everything.
http://replygif.net/i/1412.gif


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