Obama economy dying?

[michal1980]

http://www.msn.com/en-us/money/mark...rse-than-you-think/ar-AAf2Dig?ocid=spartandhp

September jobs number bad.
August and July revised DOWN
GPDNow down a full point
diffusion index trending down.

Unemployement number looks OK only because more people quit the work force

native born Americans losing jobs

http://www.washingtonexaminer.com/j...-down-262000-for-native-borns/article/2573290

That hope aint working.

 

[dank69]

http://www.msn.com/en-us/money/mark...rse-than-you-think/ar-AAf2Dig?ocid=spartandhp

September jobs number bad.
August and July revised DOWN
GPDNow down a full point
diffusion index trending down.

Unemployement number looks OK only because more people quit the work force

native born Americans losing jobs

http://www.washingtonexaminer.com/j...-down-262000-for-native-borns/article/2573290

That hope aint working.

The turtle told me this is now the GOP's economy, as of the beginning of this year.

 

[MomentsofSanity]

Can't be. He had nothing to do with the economy when things were improving consistently. Wait no they weren't improving. The numbers were faked. Wait. I can't remember which reason Obama didn't deserve credit you guys settled on.

 

[brycejones]

OP, why is it failing? What specific policies would you change? Or did you just come here to whine?

 

[Fanatical Meat]

Its teamwork that is sadly missing. Now is the time to spend money on roads, bridges, airports labor is cheap and interest rates are low. Why are we waiting until labor & interest rates are high because one party wants to be held hostage to extremists who are rooting for failure and the other party wants to put that on display to show how out of touch the extremists are. Hence nothing gets done.
Even on these forums many people are happy when the other side has a gaff or failure its unproductive thinking.

 

[Balt]

Abolish the Fed! Buy gold! Hyper-inflation! Make sure you've got plenty of guns and ammunition for the inevitable riots! RABBLE RABBLE RABBLE!

 

[disappoint]

Its teamwork that is sadly missing. Now is the time to spend money on roads, bridges, airports labor is cheap and interest rates are low. Why are we waiting until labor & interest rates are high because one party wants to be held hostage to extremists who are rooting for failure and the other party wants to put that on display to show how out of touch the extremists are. Hence nothing gets done.
Even on these forums many people are happy when the other side has a gaff or failure its unproductive thinking.

Winner winner chicken dinner.

 

[theeedude]

I just got a raise for the 3rd consecutive year. I guess the economy is dying in a good way over here.

 

[Jhhnn]

http://www.msn.com/en-us/money/mark...rse-than-you-think/ar-AAf2Dig?ocid=spartandhp

September jobs number bad.
August and July revised DOWN
GPDNow down a full point
diffusion index trending down.

Unemployement number looks OK only because more people quit the work force

native born Americans losing jobs

http://www.washingtonexaminer.com/j...-down-262000-for-native-borns/article/2573290

That hope aint working.

The Obama economy... as compared to what? The Bush face plant economy?

 

[MomentsofSanity]

The Obama economy... as compared to what? The Bush face plant economy?

You just made me miss spidey and his averaging of unemployment under Bush to call them the good times.

 

[Moonbeam]

http://www.msn.com/en-us/money/mark...rse-than-you-think/ar-AAf2Dig?ocid=spartandhp

September jobs number bad.
August and July revised DOWN
GPDNow down a full point
diffusion index trending down.

Unemployement number looks OK only because more people quit the work force

native born Americans losing jobs

http://www.washingtonexaminer.com/j...-down-262000-for-native-borns/article/2573290

That hope aint working.

Try to understand you have a brain defect and your posts are crazy to most normal people.

 

[Sonikku]

It wasn't Obama's doing when the economy started to rebound, but it is now that it's stalling.

 

[Knowing]

I just got a raise for the 3rd consecutive year. I guess the economy is dying in a good way over here.

It's a recession when your neighbor loses his job; it's a depression when you lose yours.


Harry S Truman



The economy is doing great, it's doing so well that after years of panic low interest rates we just have to put off rate normalization until this winter when GDP traditionally dips and then we'll put of normalization until next spring.

Further, if we are in a recession it wouldn't be politically expedient to say so until
a) it's over
b) after the elections
c) both



The Fed surveys are trending down and tend to correlate with payrolls which disappointed, wages aren't growing. Everything looks fine if we ignore the data though, so lets keep doing that.

 

[1prophet]

It's doing so good Mcdonalds is now a career choice, the 1% are trickling down high paying, full benefits jobs, Walmart is replacing cheap Chinese goods with made in America goods due to the greater spending power of their customers who demand better quality, recruiters are bombarding recent college grads with multiple job offers that allows them to pay off their loans while having a decent lifestyle, food stamp users are declining, etc., etc.

So what makes you think this economy is dying?

 

[Zorkorist]

Cities, are dying. Baltimore, Chicago, Detroit, St. Louis.

-John

 

[Indus]

http://www.msn.com/en-us/money/mark...rse-than-you-think/ar-AAf2Dig?ocid=spartandhp

September jobs number bad.
August and July revised DOWN
GPDNow down a full point
diffusion index trending down.

Unemployement number looks OK only because more people quit the work force

native born Americans losing jobs

http://www.washingtonexaminer.com/j...-down-262000-for-native-borns/article/2573290

That hope aint working.

Are we losing 800,000 jobs a month like we used to?

The public won't forget the bush economy for a generation or two so you can try to incite stuff with bullshit but it won't work.

It's very unlikely that in the next 40 years from now, you will see a Republican President thanks to what Bush did - destroy the economy.

People who worked in 2008 remember how they got here and they were in their 20-30's at the time. Until they get into their 60's-70's and start dying off.. don't expect the electorate to magically gain trust in Trickle Down Economics again.

 

[Zorkorist]

Cities, are dying. Baltimore, Chicago, Detroit, St. Louis.

-John

.

-John

 

[theeedude]

It's a recession when your neighbor loses his job; it's a depression when you lose yours.


Harry S Truman



The economy is doing great, it's doing so well that after years of panic low interest rates we just have to put off rate normalization until this winter when GDP traditionally dips and then we'll put of normalization until next spring.

Further, if we are in a recession it wouldn't be politically expedient to say so until
a) it's over
b) after the elections
c) both



The Fed surveys are trending down and tend to correlate with payrolls which disappointed, wages aren't growing. Everything looks fine if we ignore the data though, so lets keep doing that.

Republicans in Congress seem to think the Obama economy is healthy enough to endure the fiscal drag of the sequester. So it can't be that bad, can it?

 

[Zorkorist]

Obama defaulted on our debt.

-John

 

[Jhhnn]

It's a recession when your neighbor loses his job; it's a depression when you lose yours.


Harry S Truman



The economy is doing great, it's doing so well that after years of panic low interest rates we just have to put off rate normalization until this winter when GDP traditionally dips and then we'll put of normalization until next spring.

Further, if we are in a recession it wouldn't be politically expedient to say so until
a) it's over
b) after the elections
c) both



The Fed surveys are trending down and tend to correlate with payrolls which disappointed, wages aren't growing. Everything looks fine if we ignore the data though, so lets keep doing that.

This isn't a normal recession but something worse. It would have been another Great Depression had the FRB & the Govt not acted as they did.

Obama? He's the guy who drove into town right behind the tornado.

 

[Newell Steamer]

Good economic numbers: totally fabricated, unless the GOP gains control in the house and it was that act that is turning things around. Also, the President Obama is NOT responsible for the economy's well being.

Bad economic numbers: Obama is directly and solely responsible for the economy's well being.

 

[Zorkorist]

Facts is facts.

No matter the Government, socialist, communist, bull shit.

-John

 

[MongGrel]

Cities, are dying. Baltimore, Chicago, Detroit, St. Louis.

-John

They have been, for decades.

It used to be called off shoring.

 

[uclaLabrat]

Obama defaulted on our debt.

-John

Nice try fucking dickbag, that would be the shit head republicans in Congress that were stupid about the debt ceiling and allowed us to default, which caused our credit rating to be downgraded. Remember, Congress controls spending, not the president. Not that you'll be able to keep that straight when it suits your purpose, like now.

 

[Knowing]

Republicans in Congress seem to think the Obama economy is healthy enough to endure the fiscal drag of the sequester. So it can't be that bad, can it?

Good. I stand by my opinion that the machine is designed to break down when it becomes dysfunctional.

This isn't a normal recession but something worse. It would have been another Great Depression had the FRB & the Govt not acted as they did.

Obama? He's the guy who drove into town right behind the tornado.

Maybe we needed a depression. Maybe the action they took is the reason we're still at panic low interest rates with no wage growth, terrible labor participation, etc, etc, etc and with no dry powder in case it gets worse. I hope it doesn't get worse, but here we are with this data we're ignoring because it makes us uncomfortable.

https://www.youtube.com/watch?v=NX1xnWPSjKg