Trump economy soaring

[CFM]

I don't think anybody fully knew the situation. Around 2007, most people knew recession was in the air but underestimated how bad it was. Economists do make projections, but all projections have a high margin of error and they can't accurately predict the outcome of an economic collapse combined with a government stimulus. The US did a lot better than the rest of the developed world and many of these countries are still mired in high unemployment, and we actually started recovering in a couple years and held that recovery for over a decade. If the Republicans were in charge the recovery would have been much weaker and we would have turned out a lot more like Europe.

Yes, unemployment benefits and food stamp benefits were piling up, and yes, that was because no jobs were being created. We were in the middle of an economic collapse. Jobs don't get created in an economic collapse, they get eliminated. You can't naturally create jobs when the economy is collapsing. The best thing you can do is have the government pay people to work and fund this by borrowing money, or boost spending by borrowing money to stimulate the economy, or try to cut taxes and hope that boosts spending and keeps businesses from letting people go.

Obama's unemployment benefits extensions did make things better because that stimulates the economy and keeps people from going bankrupt. Obama's auto industry bailout saved many of those jobs and greatly helped the auto industry. Obama's stimulus package boosted spending in the economy and stimulated the economy. These things by definition will stimulate the economy and help reverse the effects of the economic collapse. No, I think he could have done a much better job, but what the Republicans were proposing would have been very damaging to the recovery.

If you think the unemployment going up to 10% wasn't just because of an economic underestimation of the crisis and instead was a result of Obama's failures, then what Obama did must have made the recession worse to make unemploment higher, and so much worse as to vastly outweight the stimuluses he was doing. But you haven't provided a single example.

Someone making the claim about unemployment not going above 8% either has no clue when it comes to estimating or no clue on how to fix it. Neither looks good for the one making the claim.

There's one major problem with what you say about the comparison you made between food stamp use and job creation. Food stamp use was on a stead rise while claims of unemployment going down were being made. That means either the jobs for which Obama takes credit for creating were shitty and he only counts the numbers or they weren't really going down.

When someone gets a check for not working, that isn't better. It teaches them they don't have to work in order to get a check.

All that rant you made and it boils down to nothing more than you kissing his black ass.

[CFM]

LOL you are asking probing cause effect questions of Trumpkins? You may as well
debate god with a fundie. lol These people are members of a cult. Trump said so.
Believe him when he says he could shoot Jesus in the face on Broadway while getting a BJ
from a tranny and they wouldn't care. It's a fucking cult.

Says the President of kiss the black boy's asshole club.

I see you have a new member.

[Legion]

you are just another drunken old loser.

Who told you that, grandpa?

[Bourbon]

Stock market went on a rampage today

It is on fire this year so far.

I sure feel sorry for anyone who bought into the gloom and doom scenarios and have been hiding in cash the last three months. They have missed out.

Oops

[Legion]

Obama didn't need a tax cut.

[distraff]

Someone making the claim about unemployment not going above 8% either has no clue when it comes to estimating or no clue on how to fix it. Neither looks good for the one making the claim.

There's one major problem with what you say about the comparison you made between food stamp use and job creation. Food stamp use was on a stead rise while claims of unemployment going down were being made. That means either the jobs for which Obama takes credit for creating were shitty and he only counts the numbers or they weren't really going down.

When someone gets a check for not working, that isn't better. It teaches them they don't have to work in order to get a check.

All that rant you made and it boils down to nothing more than you kissing his black ass.

I think it is hard for you to grasp how difficult it is to predict future growth or how bad the economy is going to be. Economists are very bad at predicting what exactly the unemployment is going to be or where exactly growth is going to be in the future. That is because the economy is large and complex, its a bit like trying to forecast the weather. Economists give it their best shot but these predictions are only educated guesses at best. So just because actual growth was below the models, doesn't mean the policies failed, the models could have been wrong.

Food stamp use rose while unemployment claims fell, because the GOP ensured that the unemployment claims were no longer extended. Declining unemployment claims in this case didn't mean employment was getting better, but instead that people had hit their max.

Usually it is not a good idea to pay people to do nothing. But we are talking about an economic collapse, and the best way to reverse an economic collapse is to boost spending. The best way to boost spending is to borrow a lot of money and then spending it to reverse the collapse. Or borrow a lot of money, and provide tax cuts without any spending cuts, which also increases spending money.

You people on the right don't understand how to deal with an economic collapse and GOP policies would have made the recession and depression. In addition the GOP has opposed measures to regulate the banking industry to prevent another collapse. This is just as harmful.

I am actually not an Obama supporter and believe that Bush should have equal credit for the recovery, and Obama made a lot of big mistakes. But his actions along with Bush's did help our economic avoid a depression, even if growth was lackluster, and resulted in the US doing a lot better than most developed nations during the recession.

[CFM]

I think it is hard for you to grasp how difficult it is to predict future growth or how bad the economy is going to be. Economists are very bad at predicting what exactly the unemployment is going to be or where exactly growth is going to be in the future. That is because the economy is large and complex, its a bit like trying to forecast the weather. Economists give it their best shot but these predictions are only educated guesses at best. So just because actual growth was below the models, doesn't mean the policies failed, the models could have been wrong.

Food stamp use rose while unemployment claims fell, because the GOP ensured that the unemployment claims were no longer extended. Declining unemployment claims in this case didn't mean employment was getting better, but instead that people had hit their max.

Usually it is not a good idea to pay people to do nothing. But we are talking about an economic collapse, and the best way to reverse an economic collapse is to boost spending. The best way to boost spending is to borrow a lot of money and then spending it to reverse the collapse. Or borrow a lot of money, and provide tax cuts without any spending cuts, which also increases spending money.

You people on the right don't understand how to deal with an economic collapse and GOP policies would have made the recession and depression. In addition the GOP has opposed measures to regulate the banking industry to prevent another collapse. This is just as harmful.

I am actually not an Obama supporter and believe that Bush should have equal credit for the recovery, and Obama made a lot of big mistakes. But his actions along with Bush's did help our economic avoid a depression, even if growth was lackluster, and resulted in the US doing a lot better than most developed nations during the recession.

It's apparently hard for you to get your lips off black ass. You can't make good predictions, as shown by Obama's people, when you know nothing about how things work. Making excuses seems to be the only thing could do.

No one mentioned unemployment claims related to a check. That's you trying to twist into a pretzel. Claims that unemployment itself fell meant people were being hired. If they were being hired, what you mention is irrelevant.

It's never a good idea to pay people to do nothing. It teaches them and enables them to be freeloaders. Do you want a bunch of freeloaders running around?

[distraff]

It's apparently hard for you to get your lips off black ass. You can't make good predictions, as shown by Obama's people, when you know nothing about how things work. Making excuses seems to be the only thing could do.

No one mentioned unemployment claims related to a check. That's you trying to twist into a pretzel. Claims that unemployment itself fell meant people were being hired. If they were being hired, what you mention is irrelevant.

It's never a good idea to pay people to do nothing. It teaches them and enables them to be freeloaders. Do you want a bunch of freeloaders running around?

No, unemployment claims did not fall because people were being hired. Jobless claims started falling in March 2009, but the employment to population ratio didn't start improving until late 2012. The U6 unemployment didn't start improving until late 2010. So obviously the jobs weren't there and people were dropping off unemployment claims because they expired.
https://www.macrotrends.net/1365/job...storical-chart
https://data.bls.gov/timeseries/lns12300000
https://www.macrotrends.net/1377/u6-unemployment-rate

[CFM]

No, unemployment claims did not fall because people were being hired. Jobless claims started falling in March 2009, but the employment to population ratio didn't start improving until late 2012. The U6 unemployment didn't start improving until late 2010. So obviously the jobs weren't there and people were dropping off unemployment claims because they expired.
https://www.macrotrends.net/1365/job...storical-chart
https://data.bls.gov/timeseries/lns12300000
https://www.macrotrends.net/1377/u6-unemployment-rate

The nigger was claiming unemployment was going down while food stamp use was going up. You blindly accept it because you liked kissing his black ass.

[distraff]

The nigger was claiming unemployment was going down while food stamp use was going up. You blindly accept it because you liked kissing his black ass.

I think Obama only did an average job handling the recession, and Bush doesn't get the equal credit he deserves. I think Obama made a lot of mistakes, mostly related to his far left idealism, rather than being pragmatic. I also think Bush is unfairly blamed for the recession even though a lot of the deregulation policies that helped cause the collapse were passed under Clinton.

The Republicans proposals wouldn't have helped prevent the collapse and they opposed nearly every proposal that actually helped the economy avoid collapse. They had no interest in passing real policies to reverse the recession or ensuring the recession never happens again and just sat around opposing everything.

As you have said yourself, you oppose unemployment benefits, even though these benefit are extremely effective at stimulating the economy and reversing the recession, and you do this because of your ideology is against giving people free money. Some people opposed Bush's bank bailouts, even though the bailouts prevented our banking system from collapsing, simply because these bailouts gave taxpayer money to banks. Ideologues and people with a lot of partisan hatred such as yourself don't have any good ideas because you aren't pragmatic and open-minded.

[MAGA MAN]

About to hit 1st quarter, and my businesses are on track to eclipse last year, which was my best year ever. #MAGA

[StoneByStone]

Stock market went on a rampage today

It is on fire this year so far.

I sure feel sorry for anyone who bought into the gloom and doom scenarios and have been hiding in cash the last three months. They have missed out.

Remember when Bush fucked up the economy, and Obama got blamed for it?
Now Obama fixed the economy, and Trump is taking credit for it. Which would be fine, but Trump is doing things that will lead to major problems in the future. Of course, he'll be out of office by then, and it'll be someone else's problem.

[CFM]

I think Obama only did an average job handling the recession, and Bush doesn't get the equal credit he deserves. I think Obama made a lot of mistakes, mostly related to his far left idealism, rather than being pragmatic. I also think Bush is unfairly blamed for the recession even though a lot of the deregulation policies that helped cause the collapse were passed under Clinton.

The Republicans proposals wouldn't have helped prevent the collapse and they opposed nearly every proposal that actually helped the economy avoid collapse. They had no interest in passing real policies to reverse the recession or ensuring the recession never happens again and just sat around opposing everything.

As you have said yourself, you oppose unemployment benefits, even though these benefit are extremely effective at stimulating the economy and reversing the recession, and you do this because of your ideology is against giving people free money. Some people opposed Bush's bank bailouts, even though the bailouts prevented our banking system from collapsing, simply because these bailouts gave taxpayer money to banks. Ideologues and people with a lot of partisan hatred such as yourself don't have any good ideas because you aren't pragmatic and open-minded.

My pragmatism is why I oppose unemployment benefits. It's enables freeloaders to be freeloaders and teaches someone that deserve something for nothing. Not enabling someone is a good idea. You don't like it because you likely got that handout.

[CFM]

Remember when Bush fucked up the economy, and Obama got blamed for it?
Now Obama fixed the economy, and Trump is taking credit for it. Which would be fine, but Trump is doing things that will lead to major problems in the future. Of course, he'll be out of office by then, and it'll be someone else's problem.

Obama fixed the economy? That's funny.

[distraff]

My pragmatism is why I oppose unemployment benefits. It's enables freeloaders to be freeloaders and teaches someone that deserve something for nothing. Not enabling someone is a good idea. You don't like it because you likely got that handout.

You aren't being pragmatic, because you aren't even thinking about how to keep the economy from collapsing. The best way to prevent an economy collapse is to stimulate the economy with spending. The problem is that if we give people tax breaks, they will just save most of that during hard times, and this won't benefit the economy. Extending unemployment benefits greatly boosts spending because people who are unemployed tend to really need these unemployment benefits and are likely to spend it staying afloat. This breaks the cycle where people get laid off, reduce their spending, which reduces revenue, companies lay more people off, etc.

After we have prevented an economic collapse by breaking the job-loss, revenue-loss cycle, then we can worry about things like free loaders. Your ideals against free loaders are great. But when you care about them more than preventing an economic collapse, there is a big problem.