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room101 · 51-55, M
Yeah, I'm sure that you would be saying exactly the same thing if it was Obama who had been accused.
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HoraceGreenley · 56-60, M
@room101 Never had to worry about that with Obama.
room101 · 51-55, M
@HoraceGreenley oh look, it's the clever little boy who can't actually say anything so relies on bullshit memes. good job little one
HoraceGreenley · 56-60, M
@room101 You mean normal GDP Growth after 8 years of below average growth? Obama = worst GDP Growth in US history.
HoraceGreenley · 56-60, M
@room101 Obama was the first, and only, US President to have less than 3% GDP Growth for his administration. That is a pathetic economic performance, and one that has created immeasurable misery.
The indicator that job growth is affecting the long term unemployed is when new job creation exceeds 300k/month. We finally hit that this past February.
GDP Growth is expect to be greater than 4% for 2018, which is what we need.
The indicator that job growth is affecting the long term unemployed is when new job creation exceeds 300k/month. We finally hit that this past February.
GDP Growth is expect to be greater than 4% for 2018, which is what we need.
HoraceGreenley · 56-60, M
@room101 This is the really important economic indicator. Normal GDP Growth in the US is 2.5% to 3.5%.
With GDP Growth below 2.5%, lie we had with Obama, people lose jobs as companies lay people off to cut expenses. An economy is not healthy if it is stagnant. It must grow. Let's face it, population grows and people need jobs. A flat economy, like we had with Obama, is not good enough.
Secondly, the stock market is not the "economy." The stock market reflects the demand for stock, nothing more, i.e., Supply and Demand. With Obama, he had the Fed cut interest rates. this was done to lower the amount of interest the Federal government had to pay on the massive debt incurred by the federal government.
However, doing so distorts the credit market. Normally, low interest rates encourage borrowing. With Obama, banks lent much less because they could not establish the real Risk Free Rate of Return (Google that).
As a result, only the best credit risks could get credit, i.e., the government agencies and large businesses. Small and medium sized businesses, like the small one i run, could not. This depressed GDP Growth.
Remember, more than 50% of Americans are employed by small and mid-sized businesses and they were starved for capital.
With GDP Growth below 2.5%, lie we had with Obama, people lose jobs as companies lay people off to cut expenses. An economy is not healthy if it is stagnant. It must grow. Let's face it, population grows and people need jobs. A flat economy, like we had with Obama, is not good enough.
Secondly, the stock market is not the "economy." The stock market reflects the demand for stock, nothing more, i.e., Supply and Demand. With Obama, he had the Fed cut interest rates. this was done to lower the amount of interest the Federal government had to pay on the massive debt incurred by the federal government.
However, doing so distorts the credit market. Normally, low interest rates encourage borrowing. With Obama, banks lent much less because they could not establish the real Risk Free Rate of Return (Google that).
As a result, only the best credit risks could get credit, i.e., the government agencies and large businesses. Small and medium sized businesses, like the small one i run, could not. This depressed GDP Growth.
Remember, more than 50% of Americans are employed by small and mid-sized businesses and they were starved for capital.
HoraceGreenley · 56-60, M
Jibby · 56-60, C
@HoraceGreenley that was an amazing amount of stuff you threw down there
room101 · 51-55, M
@HoraceGreenley you've been watching too much Fox News again little Horace
https://www.statista.com/statistics/188165/annual-gdp-growth-of-the-united-states-since-1990/
Obama inherited an economy that was in melt-down. GDP was in decline but, by 2010, growth was above 2% and was above 3% by 2015. Your orange moron has done nothing.
https://www.statista.com/statistics/188165/annual-gdp-growth-of-the-united-states-since-1990/
Obama inherited an economy that was in melt-down. GDP was in decline but, by 2010, growth was above 2% and was above 3% by 2015. Your orange moron has done nothing.
room101 · 51-55, M
@Jibby @HoraceGreenley It must be really nice living in your delusional little bubble. Have fun retards
HoraceGreenley · 56-60, M
HoraceGreenley · 56-60, M
@room101 I am talking about Obama's entire 8 years. You can polish the turd all you want.
BatRinseRepeat · 31-35, F
@HoraceGreenley
Stormy Daniels is, by her own admission a slut. Trump is, despite his repeated denials, a whore.
Its really a match made in heaven, and not the worst either of them can do.
What's really fascinating though, is the scramble by right wing mutts to re-run all the twisted Obama hysteria to cover up how tacky and dirty their rich boy hero looks when the facts come out.
None of this should surprise anyone. American politics is a disease. Arguments like this are a symptom.
Stormy Daniels is, by her own admission a slut. Trump is, despite his repeated denials, a whore.
Its really a match made in heaven, and not the worst either of them can do.
What's really fascinating though, is the scramble by right wing mutts to re-run all the twisted Obama hysteria to cover up how tacky and dirty their rich boy hero looks when the facts come out.
None of this should surprise anyone. American politics is a disease. Arguments like this are a symptom.
HoraceGreenley · 56-60, M
BatRinseRepeat · 31-35, F
HoraceGreenley · 56-60, M
room101 · 51-55, M
@HoraceGreenley Polishing the turd is exactly what all of you trumpettes started doing since the orange moron began running for office. Now, you're so mired in shit, that you can't even see what a fuck up you made.
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