Hillary Recession?

Rune said:
Rofl poor anatta thinks his name is Cawacko
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3c6fccc6de2055cae131966656b87a8e.jpg
 
Rune said:
By over regulated you mean shipped too much manufacturing overseas?
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No. The largest culprit is Dodd-Frank. Small business is the engine of growth in the country. Smaller local banks are the largest lenders to small businesses. Smaller banks are the ones getting crushed by Dodd-Frank's regulations. Thus small businesses are getting hurt and you see it in our economic results.
 
cawacko said:
No. The largest culprit is Dodd-Frank. Small business is the engine of growth in the country. Smaller local banks are the largest lenders to small businesses. Smaller banks are the ones getting crushed by Dodd-Frank's regulations. Thus small businesses are getting hurt and you see it in our economic results.
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you can also add EPA expansion WOTUS which now federally regulated ephemeral streams and pond water,if it's in any way tie to tributaries
(and groundwater by it's nature almost always is).

Or the crushing burden of Ozone, carbon, and carbon taxing which is just starting and will kill even natural gas.
We could be energy independent -a major exporter. If carbon fuels ever rise in price ( assuming a decent GDP in the future)
we could be in he driver's seat
 
anatta said:
This economy may be perilously close to recession. That was the message of the second-quarter real GDP report and its meager 1.2 percent growth rate.

Over the past year, real GDP has slipped to a paltry 1.2 percent. Business investment continues to fall. Building and factory construction has dropped sharply. Productivity is flat. The profits recession is still in force.


And what's the Hillary Clinton plan? Tax us into prosperity.

In her own words at the DNC on Thursday night, this is the fix: "Wall Street, corporations, and the super-rich are going to start paying their fair share of taxes." Why? "Not because we resent success. [!] Because when more than 90 percent of gains have gone to the top 1 percent, that's where the money is."

Let me get this right. In order to spur growth, Hillary intends to raise taxes on individuals, businesses, capital gains, stock trading and firms that move overseas (which they do because the U.S. has the most uncompetitive tax system in the corporate world). In addition, Hillary's door is open for a carbon tax, higher payroll taxes, and a gun tax of 25 percent.

She also argued in Philadelphia that the economy is not working the way it should because our democracy isn't working the way it should.

Huh?

What she's getting at is appointing Supreme Court justices who "will get money out of politics" and passing "a Constitutional amendment to overturn Citizens United."

Citizens United removed spending limits for super-PACs. And yet those mean and nasty super-PACs have thus far benefited from pro-Hillary hedge-fund contributions to the tune of $48.5 million, according to The Wall Street Journal.

Donald Trump, on the other hand, has received only $19,000 from hedge funds.

Get it? Citizens United, according to Hillary, is the source of our weak recovery and must be overturned. Meanwhile, she is the big beneficiary of the Supreme Court decision to allow unlimited political donations.

Next there are the recurring themes of class warfare and inequality, roots of evil according to Hillary. Turns out that the top 1 percent received a big share of income growth during the recovery. Okay, but it also suffered the biggest loss during the Great Recession.

Research from Scott Winship of the Manhattan Institute shows that during the recession, the top 1 percent lost 36 percent of its income while the bottom 90 percent lost 12 percent. And through 2014, the top 1 percent was still poorer by 18 percent than it was in 2000. That's compared to a 9 percent decline for the rest of us.

According to Winship, income for the top 1-percenters was basically no higher in 2014 than in 2000. Turns out that group bumped into the same income stagnation suffered by the U.S. middle class since 2000.

And according to new studies by Aparna Mathur of AEI, raising top marginal tax rates reduces growth incentives and yields very few revenues. Yet in addition to higher tax rates, Hillary wants $1 trillion in new spending programs.

The numbers also don't add up for Obama, who defended his so-called recovery at the DNC and even called Hillary, a 30-year member of the establishment, a change-maker.

Obama's seven-year recovery averaged 2.1 percent real growth at an annualized rate. For historical comparison, after seven years, JFK's economy increased by 5.4 percent yearly and Reagan's by 4.5 percent.

Did JFK and Reagan beget long booms by raising taxes? No. They cut tax rates across the board.

Hillary is a combination of Barack Obama 3.0 and Bernie Sanders 2.0. This is not change. This will not yield strong growth, lift jobs and wages, and make America more globally competitive.

A week prior to the DNC, Donald Trump offered a different perspective at the RNC:
So Trump wants to reduce tax rates and regulations, unleash energy, and make America the most hospitable investment destination in the world. Hillary wants to raise taxes, regulations, and spending, and put the energy sector out of business. (She would abolish coal and oil-and-gas fracking.)

No wonder the blue-collar, hard-hat, Democratic middle class is going for Trump.

Hillary is not an agent of change. Nor does she have any idea how to restore rapid economic growth. Instead, she is a prisoner of the Left. Tax the rich, inequality, redistribution.
http://www.realclearpolitics.com/articles/2016/07/30/the_hillary_recession_131379.html
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when was the last time there was no economic slow down under a president?



you fucking republicans keep giving them to us every time your in office
 
Great Depression Aug 1929 –
Mar 1933 3 years
7 months 1 year
9 months 24.9%[32]
(1933) −26.7% Stock markets crashed worldwide. A banking collapse took place in the United States. Extensive new tariffs and other factors contributed to an extremely deep depression. The United States remained in a depression until World War II. In 1936, unemployment fell to 16.9%, but later returned to 19% in 1938 (near 1933 levels).
Recession of 1937–1938 May 1937 –
June 1938 1 year
1 month 4 years
2 months 19.0%[33]
(1938) −18.2% The Recession of 1937 is only considered minor when compared to the Great Depression, but is otherwise among the worst recessions of the 20th century. Three explanations are offered as causes for the recession: the tight fiscal policy resulting from an attempt to balance the budget after New Deal spending, the tight monetary policy of the Federal Reserve, and the declining profits of businesses led to a reduction in business investment.[34]
Recession of 1945 Feb–Oct 1945 8 months 6 years
8 months 5.2%[33]
(1946) −12.7% The decline in government spending at the end of World War II led to an enormous drop in gross domestic product, making this technically a recession. This was the result of demobilization and the shift from a wartime to peacetime economy. The post-war years were unusual in a number of ways (unemployment was never high) and this era may be considered a "sui generis end-of-the-war recession".[35]
Recession of 1949 Nov 1948 –
Oct 1949 11 months 3 years
1 month 7.9%
(Oct 1949) −1.7% The 1948 recession was a brief economic downturn; forecasters of the time expected much worse, perhaps influenced by the poor economy in their recent lifetimes.[36] The recession also followed a period of monetary tightening.[30]
Recession of 1953 July 1953 –
May 1954 10 months 3 years
9 months 6.1%
(Sep 1954) −2.6% After a post-Korean War inflationary period, more funds were transferred to national security. In 1951, the Federal Reserve reasserted its independence from the U.S. Treasury and in 1952, the Federal Reserve changed monetary policy to be more restrictive because of fears of further inflation or of a bubble forming.[30][37][38]
Recession of 1958 Aug 1957 –
April 1958 8 months 3 years
3 months 7.5%
(July 1958) −3.7% Monetary policy was tightened during the two years preceding 1957, followed by an easing of policy at the end of 1957. The budget balance resulted in a change in budget surplus of 0.8% of GDP in 1957 to a budget deficit of 0.6% of GDP in 1958, and then to 2.6% of GDP in 1959.[30]
Recession of 1960–61 Apr 1960 –
Feb 1961 10 months 2 years 7.1%
(May 1961) −1.6% Another primarily monetary recession occurred after the Federal Reserve began raising interest rates in 1959. The government switched from deficit (or 2.6% in 1959) to surplus (of 0.1% in 1960). When the economy emerged from this short recession, it began the second-longest period of growth in NBER history.[30] The Dow Jones Industrial Average (Dow) finally reached its lowest point on Feb. 20, 1961, about 4 weeks after President Kennedy was inaugurated.
Recession of 1969–70 Dec 1969 –
Nov 1970 11 months 8 years
10 months 6.1%
(Dec 1970) −0.6% The relatively mild 1969 recession followed a lengthy expansion. At the end of the expansion, inflation was rising, possibly a result of increased deficits. This relatively mild recession coincided with an attempt to start closing the budget deficits of the Vietnam War (fiscal tightening) and the Federal Reserve raising interest rates (monetary tightening).[30]
1973–75 recession Nov 1973 –
Mar 1975 1 year
4 months 3 years 9.0%
(May 1975) −3.2% A quadrupling of oil prices by OPEC coupled with high government spending because of the Vietnam War led to stagflation in the United States.[39] The period was also marked by the 1973 oil crisis and the 1973–1974 stock market crash. The period is remarkable for rising unemployment coinciding with rising inflation.[40]
1980 recession Jan–July 1980 6 months 4 years
10 months 7.8%
(July 1980) −2.2% The NBER considers a very short recession to have occurred in 1980, followed by a short period of growth and then a deep recession. Unemployment remained relatively elevated in between recessions. The recession began as the Federal Reserve, under Paul Volcker, raised interest rates dramatically to fight the inflation of the 1970s. The early '80s are sometimes referred to as a "double-dip" or "W-shaped" recession.[30][41]
Early 1980s recession July 1981 –
Nov 1982 1 year
4 months 1 year 10.8%
(Nov 1982) −2.7% The Iranian Revolution sharply increased the price of oil around the world in 1979, causing the 1979 energy crisis. This was caused by the new regime in power in Iran, which exported oil at inconsistent intervals and at a lower volume, forcing prices up. Tight monetary policy in the United States to control inflation led to another recession. The changes were made largely because of inflation carried over from the previous decade because of the 1973 oil crisis and the 1979 energy crisis.[42][43]
Early 1990s recession in the United States July 1990 –
Mar 1991 8 months 7 years
8 months 7.8%
(June 1992) −1.4% After the lengthy peacetime expansion of the 1980s, inflation began to increase and the Federal Reserve responded by raising interest rates from 1986 to 1989. This weakened but did not stop growth, but some combination of the subsequent 1990 oil price shock, the debt accumulation of the 1980s, and growing consumer pessimism combined with the weakened economy to produce a brief recession.[44][45][46]
Early 2000s recession March 2001–Nov 2001 8 months 10 years 6.3%
(June 2003) −0.3% The 1990s were the longest period of growth in American history. The collapse of the speculative dot-com bubble, a fall in business outlays and investments, and the September 11th attacks,[47] brought the decade of growth to an end. Despite these major shocks, the recession was brief and shallow.[48]
Great Recession Dec 2007 – June 2009[49][50] 1 year
6 months 6 years
1 month 10.0%
(October 2009)[51] −4.3% The subprime mortgage crisis led to the collapse of the United States housing bubble. Falling housing-related assets contributed to a global financial crisis, even as oil and food prices soared. The crisis led to the failure or collapse of many of the United States' largest financial institutions: Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers, Citi Bank and AIG, as well as a crisis in the automobile industry. The government responded with an unprecedented $700 billion bank bailout and $787 billion fiscal stimulus package. The National Bureau of Economic Research declared the end of this recession over a year after the end date.[52] The Dow Jones Industrial Average (Dow) finally reached its lowest point on March 9, 2009.[53]


See also[edit]
 
you never answer any questions you evil fucking liar.


why is the right pretending economies only go up?
 
evince said:
Great Depression Aug 1929 –
Mar 1933 3 years
7 months 1 year
9 months 24.9%[32]
(1933) −26.7% Stock markets crashed worldwide. A banking collapse took place in the United States. Extensive new tariffs and other factors contributed to an extremely deep depression. The United States remained in a depression until World War II. In 1936, unemployment fell to 16.9%, but later returned to 19% in 1938 (near 1933 levels).
Recession of 1937–1938 May 1937 –
June 1938 1 year
1 month 4 years
2 months 19.0%[33]
(1938) −18.2% The Recession of 1937 is only considered minor when compared to the Great Depression, but is otherwise among the worst recessions of the 20th century. Three explanations are offered as causes for the recession: the tight fiscal policy resulting from an attempt to balance the budget after New Deal spending, the tight monetary policy of the Federal Reserve, and the declining profits of businesses led to a reduction in business investment.[34]
Recession of 1945 Feb–Oct 1945 8 months 6 years
8 months 5.2%[33]
(1946) −12.7% The decline in government spending at the end of World War II led to an enormous drop in gross domestic product, making this technically a recession. This was the result of demobilization and the shift from a wartime to peacetime economy. The post-war years were unusual in a number of ways (unemployment was never high) and this era may be considered a "sui generis end-of-the-war recession".[35]
Recession of 1949 Nov 1948 –
Oct 1949 11 months 3 years
1 month 7.9%
(Oct 1949) −1.7% The 1948 recession was a brief economic downturn; forecasters of the time expected much worse, perhaps influenced by the poor economy in their recent lifetimes.[36] The recession also followed a period of monetary tightening.[30]
Recession of 1953 July 1953 –
May 1954 10 months 3 years
9 months 6.1%
(Sep 1954) −2.6% After a post-Korean War inflationary period, more funds were transferred to national security. In 1951, the Federal Reserve reasserted its independence from the U.S. Treasury and in 1952, the Federal Reserve changed monetary policy to be more restrictive because of fears of further inflation or of a bubble forming.[30][37][38]
Recession of 1958 Aug 1957 –
April 1958 8 months 3 years
3 months 7.5%
(July 1958) −3.7% Monetary policy was tightened during the two years preceding 1957, followed by an easing of policy at the end of 1957. The budget balance resulted in a change in budget surplus of 0.8% of GDP in 1957 to a budget deficit of 0.6% of GDP in 1958, and then to 2.6% of GDP in 1959.[30]
Recession of 1960–61 Apr 1960 –
Feb 1961 10 months 2 years 7.1%
(May 1961) −1.6% Another primarily monetary recession occurred after the Federal Reserve began raising interest rates in 1959. The government switched from deficit (or 2.6% in 1959) to surplus (of 0.1% in 1960). When the economy emerged from this short recession, it began the second-longest period of growth in NBER history.[30] The Dow Jones Industrial Average (Dow) finally reached its lowest point on Feb. 20, 1961, about 4 weeks after President Kennedy was inaugurated.
Recession of 1969–70 Dec 1969 –
Nov 1970 11 months 8 years
10 months 6.1%
(Dec 1970) −0.6% The relatively mild 1969 recession followed a lengthy expansion. At the end of the expansion, inflation was rising, possibly a result of increased deficits. This relatively mild recession coincided with an attempt to start closing the budget deficits of the Vietnam War (fiscal tightening) and the Federal Reserve raising interest rates (monetary tightening).[30]
1973–75 recession Nov 1973 –
Mar 1975 1 year
4 months 3 years 9.0%
(May 1975) −3.2% A quadrupling of oil prices by OPEC coupled with high government spending because of the Vietnam War led to stagflation in the United States.[39] The period was also marked by the 1973 oil crisis and the 1973–1974 stock market crash. The period is remarkable for rising unemployment coinciding with rising inflation.[40]
1980 recession Jan–July 1980 6 months 4 years
10 months 7.8%
(July 1980) −2.2% The NBER considers a very short recession to have occurred in 1980, followed by a short period of growth and then a deep recession. Unemployment remained relatively elevated in between recessions. The recession began as the Federal Reserve, under Paul Volcker, raised interest rates dramatically to fight the inflation of the 1970s. The early '80s are sometimes referred to as a "double-dip" or "W-shaped" recession.[30][41]
Early 1980s recession July 1981 –
Nov 1982 1 year
4 months 1 year 10.8%
(Nov 1982) −2.7% The Iranian Revolution sharply increased the price of oil around the world in 1979, causing the 1979 energy crisis. This was caused by the new regime in power in Iran, which exported oil at inconsistent intervals and at a lower volume, forcing prices up. Tight monetary policy in the United States to control inflation led to another recession. The changes were made largely because of inflation carried over from the previous decade because of the 1973 oil crisis and the 1979 energy crisis.[42][43]
Early 1990s recession in the United States July 1990 –
Mar 1991 8 months 7 years
8 months 7.8%
(June 1992) −1.4% After the lengthy peacetime expansion of the 1980s, inflation began to increase and the Federal Reserve responded by raising interest rates from 1986 to 1989. This weakened but did not stop growth, but some combination of the subsequent 1990 oil price shock, the debt accumulation of the 1980s, and growing consumer pessimism combined with the weakened economy to produce a brief recession.[44][45][46]
Early 2000s recession March 2001–Nov 2001 8 months 10 years 6.3%
(June 2003) −0.3% The 1990s were the longest period of growth in American history. The collapse of the speculative dot-com bubble, a fall in business outlays and investments, and the September 11th attacks,[47] brought the decade of growth to an end. Despite these major shocks, the recession was brief and shallow.[48]
Great Recession Dec 2007 – June 2009[49][50] 1 year
6 months 6 years
1 month 10.0%
(October 2009)[51] −4.3% The subprime mortgage crisis led to the collapse of the United States housing bubble. Falling housing-related assets contributed to a global financial crisis, even as oil and food prices soared. The crisis led to the failure or collapse of many of the United States' largest financial institutions: Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers, Citi Bank and AIG, as well as a crisis in the automobile industry. The government responded with an unprecedented $700 billion bank bailout and $787 billion fiscal stimulus package. The National Bureau of Economic Research declared the end of this recession over a year after the end date.[52] The Dow Jones Industrial Average (Dow) finally reached its lowest point on March 9, 2009.[53]


See also[edit]
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tell me how long the typical time period between recessions is asshole
 
Desh, if Trump wins and we go into recession and people on the left blame him for it will you be calling them liars and a*holes and asking other liberals if they expect the economy to always grow?
 
cawacko said:
Desh, if Trump wins and we go into recession and people on the left blame him for it will you be calling them liars and a*holes and asking other liberals if they expect the economy to always grow?
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won't it be Obama's fault?.....I thought you were allowed to blame everything on your predecessor for at least five years.....
 
anatta said:
you can also add EPA expansion WOTUS which now federally regulated ephemeral streams and pond water,if it's in any way tie to tributaries
(and groundwater by it's nature almost always is).

Or the crushing burden of Ozone, carbon, and carbon taxing which is just starting and will kill even natural gas.
We could be energy independent -a major exporter. If carbon fuels ever rise in price ( assuming a decent GDP in the future)
we could be in he driver's seat
Click to expand...

You better be talking about a boat Florida boy.
 
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