US 3rd quarter GDP revised up to 5% - best in 11 years.

[unokitty]

Can you Democrat idiots remain consistent at all? The GINI index that you morons used to cry about constantly under Bush has gotten worse under Obama, yet you claim he's fixing things because your 401k is doing well.

You got yours, fuck everybody else. Exactly what you little shitstains used to berate the right for. You and the rest of the Obama drones are exactly like the Republicans.

Although the United States is one of the wealthiest countries, this prosperity remains out of reach for many Americans. Blacks and Hispanics, who strive to make a better life for themselves and their families, are not on the same wealth-building paths as whites. They are less likely to own homes and retirement accounts, so they miss out on these traditionally powerful wealth-building tools. Families of color also lost a greater share of their wealth in the aftermath of the Great Recession.

Wealth is where the economic opportunity lies. A common misconception is that poor or even low-income families cannot save. Evidence from savings programs and research shows they can. But social safety net programs emphasize consumption, and many even discourage saving by making families ineligible if they have a few thousand dollars in savings.

Celebrating an economy where the wealth gap increases may seem obtuse. But it may also be that certain partisan political fans just don't have anything better to celebrate.

And so an exceptionally tiny circle of Americans is not only commanding a greater and greater share of pay, but—if Saez and Zucman are right—they are successfully consolidating their fortunes far faster than 99.9 percent of the country. At the risk of sounding a little melodramatic, this is how an aristocracy gets built.

Perhaps their past protests weren't so much about poverty or a growing wealth gap.

Perhaps their past protests were more about whether or not they get to be part of the new aristocracy...

Uno

 

[BoberFett]

It's amazing to see what lengths some people are going to to try and convince themselves that a 5% growth rate still sucks.

America's billionaires thank you for your concern about their financial well being.

As I've said before, I don't particularly care. I'm making more money than I ever have. It's just amusing how quickly Democrats change their tune and support what they hated just a few years ago.

 

[ivwshane]

Can you Democrat idiots remain consistent at all? The GINI index that you morons used to cry about constantly under Bush has gotten worse under Obama, yet you claim he's fixing things because your 401k is doing well.

You got yours, fuck everybody else. Exactly what you little shitstains used to berate the right for. You and the rest of the Obama drones are exactly like the Republicans.

Lol! I already addressed that several pages ago and I even linked to obama addressing it as well. It certainly is an issue and one that Obama would like to tackle, maybe you can tell your republican friends to get the fuck out of the way so he can fix another thing!

I'm glad you two finally came around to what Obama has been concerned with.

http://m.nydailynews.com/news/polit...gap-defining-challenge-time-article-1.1961279

Tell me, what else do you agree with Obama on?

What's even funnier about your post is your hypocrisy of now caring about GINI. Lol! I guess when you've got nothing else to complain about you pick up on democrat complaints! Welcome to the party! It's about time you give a fuck! (Well, you will care about it at least until there isn't a dem in the White House).

 

[ivwshane]

America's billionaires thank you for your concern about their financial well being.

As I've said before, I don't particularly care. I'm making more money than I ever have. It's just amusing how quickly Democrats change their tune and support what they hated just a few years ago.

Lol! Of course you don't care, conveniently, your faux outrage was fooling no one, hack!

 

[theeedude]

Republican losers who keep voting for trickle down economics, are now complaining that it's not trickling down. Brilliant

 

[theeedude]

I'm making more money than I ever have.

Thanks, Obama!

 

[Moonbeam]

Kudos on trying to make this about my grammar rather than the meaning of what I said. Sad? Almost as sad as trolling websites that mostly deal with subjects that don't even effect you. Maybe if I word it this way, the meaning won't get lost crossing the border to a country it has no effect on. With Republicans "roadblocking every Obummer initiative they possibly could", how could Obama possible have fixed the economy?

There's nothing sad here but you. You wanted to imply that nobody can give credit to Obama for something he did if at the same time they want to also claim he wasn't able to do anything because the Republicans blocked everything he tried. True, but that isn't what was said. They only blocked everything possible to block not necessarily everything tried. So they blocked everything they possibly could that he tried,, which was the point you were addressing, that still leaves all the things he tried that they couldn't block as the things for which he deserves credit. So there is no grammatical error as such. You just don't understand logic and English.

Now I have explained this is such a way as to block you from saying anything additionally illogically foolish, but that leaves open the possibility that you will continue to make a fool of yourself anyway because I can't actually block you from being a fool.

Not to worry though. You only act foolish because you have a CBD. You were made to feel foolish and 1. can't admit when you are and 2. have an unconscious need to be one so you can deny it to yourself. If you would just like yourself a little better you wouldn't need so much self-righteous ego. You could relax more too.

 

[Matt1970]

There's nothing sad here but you. You wanted to imply that nobody can give credit to Obama for something he did if at the same time they want to also claim he wasn't able to do anything because the Republicans blocked everything he tried. True, but that isn't what was said. They only blocked everything possible to block not necessarily everything tried. So they blocked everything they possibly could that he tried,, which was the point you were addressing, that still leaves all the things he tried that they couldn't block as the things for which he deserves credit. So there is no grammatical error as such. You just don't understand logic and English.

Now I have explained this is such a way as to block you from saying anything additionally illogically foolish, but that leaves open the possibility that you will continue to make a fool of yourself anyway because I can't actually block you from being a fool.

Not to worry though. You only act foolish because you have a CBD. You were made to feel foolish and 1. can't admit when you are and 2. have an unconscious need to be one so you can deny it to yourself. If you would just like yourself a little better you wouldn't need so much self-righteous ego. You could relax more too.

There is nothing surprising here. Any good news: Thanks Obama, he has done so many great and wonderful things. Any bad news: Thanks Republicans for blocking everything Obama tried.

 

[fskimospy]

America's billionaires thank you for your concern about their financial well being.

As I've said before, I don't particularly care. I'm making more money than I ever have. It's just amusing how quickly Democrats change their tune and support what they hated just a few years ago.

Democrats hated good economic growth? Interesting, I must have missed the memo.

As I said before, there is no incompatibility with being happy at good growth figures and still wanting to do more to limit inequality. You're reaaaaaalllly reaching to try and come up with some element of hypocrisy here.

 

[BoberFett]

Thanks, Obama!

My biggest jumps in income happened under Bush. I guess that maeks Dubya a great president.

 

[BoberFett]

You other twats are so incredibly predictable. I'm sure you're busy taking turns sucking off the Big O today, so I won't bother you anymore, I'll leave you to your slurping.


From the P&N guidelines:

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(the "no insult" rule was struck down by community vote Jun 06, 2012)
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Forum Director

 

[Moonbeam]

There is nothing surprising here. Any good news: Thanks Obama, he has done so many great and wonderful things. Any bad news: Thanks Republicans for blocking everything Obama tried.

You think that way because for you Obama never does anything good and Republicans are justified in blocking him. You see that everywhere because you are ideological and seeing that helps you feel better. People who need to see either extreme have brain defects in my opinion.

 

[theeedude]

My biggest jumps in income happened under Bush. I guess that maeks Dubya a great president.

Bbbut Bbbush
CSBs all around.

 

[Matt1970]

You think that way because for you Obama never does anything good and Republicans are justified in blocking him. You see that everywhere because you are ideological and seeing that helps you feel better. People who need to see either extreme have brain defects in my opinion.

I know you are capable of posting without mentioning brain defects. I saw you do it a couple weeks ago.

 

[himkhan]

My biggest jumps in income happened under Bush. I guess that maeks Dubya a great president.

You said you are making more money now than you ever have?

Been enjoying my paid vacation since March 2010. I must admit though, the recent extension to my unemployment has been somewhat onerous. I used to just take a couple minutes every Monday to click through the website and get my $585. Now I actually have to pretend I've been applying for jobs and report which companies I've applied to. Takes me upwards of 10 minutes. Damn government, wasting my time just to give me what I'm owed. ~ 9-7-2011

You would think that going from at least 19 months of unemployment ($585) to making the most you ever have in 12/2014 would be your biggest pay jump. Are you sure you just don't want to give credit where credit is due?

 

[Victorian Gray]

Because 95% (or more) of what goes on here doesn't even apply to you. You tell me why you are here?

How many times have I told you that I happen to have a curious mind and am interested in the world around me?

For some reason you seem have issues with my participation here. To bad, I'm not going away.

 

[werepossum]

94% of Honda and Acura vehicles sold in the U.S. in 2013 were manufactured in North America, the highest percentage of any international automaker.

5 of the top 10 (including #1) in percentage of US parts used in cars in the US belong to 'foreign' car companies.

http://wallstcheatsheet.com/stocks/10-most-american-made-vehicles-for-2014.html/?a=viewall

I see hundreds of manufacturing plants in Kentucky and the surrounding states that are producing parts for Nissan, Toyota, Honda, Hynudai and the likes. Far more here than the 'domestic' brands.

Cars aren't the issue, at least now. It's the general day to day items that have killed us (clothing, electronics, etc).

Cars are coming though. Government Motors has already moved its electric & hybrid engineering to China, and more and more auto parts are now manufactured in China. Ironically, Japan may save us (or at least allow us to die a bit more slowly) since a more powerful China is a direct threat to Japan's existence.

Just wanted to share the above graphic from Pew Research...

Engineer is correct. Fact is that for middle and lower income American families, there has been no 'recovery.'

Though, if you want, you are welcome to continue bragging about how the Obama Administration's economic policies have benefited the upper class.

Uno

Meh. Middle and lower income American families are so twentieth century. Today's focus is on illegal immigrants.

Funny then that Democrats have been such big supporters of QE, the biggest trickle down this country has ever seen. The rich got richer with Democrats cheering it on. Useful idiots, you people are.

Yep. It's trickle down either way, either from business or from government. Rich people benefiting from businesses have to convince you to get your money; rich people benefiting from government only have to convince your Congresscritters.

 

[theeedude]

QE was necessary in the size that it was necessary because Congress refused to extend the original fiscal stimulus. Either the government can create jobs with targeted and direct fiscal stimulus, or the Federal Reserve will pump enough liquidity in until it starts trickling down and creating jobs. If it creates asset price bubbles, too bad, so sad. That's what their mandate is, to maintain near full employment, so whatever slack Congress doesn't pick up, the Fed has to print money to make up for. If you want to have directed stimulus, Congress has to do it fiscally. The Fed can only pump money into the system.

 

[Matt1970]

QE was necessary in the size that it was necessary because Congress refused to extend the original fiscal stimulus. Either the government can create jobs with targeted and direct fiscal stimulus, or the Federal Reserve will pump enough liquidity in until it starts trickling down and creating jobs. If it creates asset price bubbles, too bad, so sad. That's what their mandate is, to maintain near full employment, so whatever slack Congress doesn't pick up, the Fed has to print money to make up for. If you want to have directed stimulus, Congress has to do it fiscally. The Fed can only pump money into the system.

So when Obama does it, it creates jobs.

I love the new populism from the right. Baby steps to realizing they've been duped by trickle down economics for 35 years.

When Reagan does it, it's called getting duped.

 

[theeedude]

So when Obama does it, it crates jobs.



When Reagan does it, it's called getting duped.

Obama does what? He is not in charge of the Federal reserve. You should at least learn the difference between fiscal stimulus (Federal Government) and monetary stimulus (Federal Reserve), before attempting to debate subjects way over your head.

 

[fskimospy]

So when Obama does it, it creates jobs.



When Reagan does it, it's called getting duped.

QE and trickle down economics are nothing alike. I don't know where people got this into their heads.

 

[Matt1970]

Obama does what? He is not in charge of the Federal reserve. You should at least learn the difference between fiscal stimulus (Federal Government) and monetary stimulus (Federal Reserve), before attempting to debate subjects way over your head.

We all know who is in charge of the Federal Reserve, but we also all know you will surely give Obama credit just like you have for the "recovery". This shit is not over anyone's head, don't fool yourself. Your hack is also not fooling anyone either.

 

[theeedude]

We all know who is in charge of the Federal Reserve, but we also all know you will surely give Obama credit just like you have for the "recovery". This shit is not over anyone's head, don't fool yourself. Your hack is also not fooling anyone either.

Actually, I don't think you know who is in charge of the Federal reserve, because you seem to think it's Obama.
Link

 

[Matt1970]

Actually, I don't think you know who is in charge of the Federal reserve, because you seem to think it's Obama.
Link

That's the same mentality you used to give Obama credit for the amount the economy recovered. If I didn't know who is in charge of the Fed, don't you think I could find out? Or do you think you are the only one who discovered Google?

 

[theeedude]

That's the same mentality you used to give Obama credit for the amount the economy recovered. If I didn't know who is in charge of the Fed, don't you think I could find out? Or do you think you are the only one who discovered Google?

At least you acknowledge the economy recovered. :thumbsup: