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Study: The Recovery Is A Myth — There's Been No Recovery At All
Investors Business Daily ^ | Dec. 7, 2016 6:39 PM ET | TERRY JONES

Posted on 12/08/2016 3:07:52 AM PST by expat_panama

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To: expat_panama

I know for a fact there has been no “recovery” in my area. The growth, what little there has actually been over the last 8 years, is about equivalent of what I saw in a single year when I first got here over a decade ago. The only job growth has been in part time jobs. Salary growth is virtually non existent. Recovery? My lily white backside.


21 posted on 12/08/2016 6:22:31 AM PST by ThunderSleeps (Stop obarma now! Stop the hussein - insane agenda!)
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To: expat_panama

Anemic growth with a trillion dollars in deficit spending every year is closer to no growth at all.


22 posted on 12/08/2016 6:28:27 AM PST by McCarthysGhost
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To: expat_panama

The media and Obama sycophants are still lauding him and trying to give him credit, especially for the current 4th quarter gains. Those gains seemed to really start around November 9. Go figure.

They may laud Obama on his way out, but history won’t be so kind to his legacy. He will be near or at the bottom with Carter. Carter only screwed stuff up for one term; Obama has had two.

If/when Trump and Congress finish off Obamacare and reverse many of the Obama EOs the courts haven’t nullified, Obama will basically have no legacy. His domestic policies were a sham and his foreign policy left many areas in shambles.

We are about 43 days away from reversing the Obama fundamental transformation of America [into a 3rd world cesspool].


23 posted on 12/08/2016 6:52:09 AM PST by TomGuy
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To: expat_panama

Never was any real doubt about it but I have to ask, what about all the building that has taken place over the last decade or so? We just finished a trip through some of my old stomping grounds of 30 or more years ago and they are simply unrecognizable. Small towns that once did not have anything to speak of are now covered by big box stores and hotels. All look to be built in the last 10 to 15 years.


24 posted on 12/08/2016 7:08:01 AM PST by Sequoyah101 (It feels like we have exchanged our dreams for survival. We just have a few days that don't suck.)
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To: expat_panama

Shocked, yes shocked


25 posted on 12/08/2016 7:10:19 AM PST by going hot (Happiness is a Momma Deuce)
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To: Sequoyah101

It could depend on the area. Some areas prosper while other areas hurt.

A lot of what was pasture land in NW Arkansas 30 years ago is covered by malls and housing. Towns with populations as small as 60 people 50 years ago now have several thousand residents. Growth and unemployment have beat the national average for decades.

Two major reasons: Walmart HQ and Tyson HW and the small and large companies that benefit from them.


26 posted on 12/08/2016 7:22:53 AM PST by TomGuy
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To: expat_panama

http://www.macrotrends.net/1377/u6-unemployment-rate


27 posted on 12/08/2016 7:37:51 AM PST by GailA (Ret. SCPO wife: Merry CHRISTmas, Happy Birthday JESUS CHRIST, suck it up buttercup you lost)
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To: expat_panama

Actually means there’s more room for growth now in the Trump boom.


28 posted on 12/08/2016 8:31:51 AM PST by 9YearLurker
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To: expat_panama

As recently as Oct. 11, less than a month before the election, the online publication The Hill ran this headline: “Obama’s economic legacy ensures Democrats decades of success.” No kidding. But it’s a bit unfair to single them out: Others have run with similar themes. The point is, it’s not true.


More fake news out of the Demonrat Party “news”.


29 posted on 12/08/2016 8:59:57 AM PST by SaraJohnson
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To: Cowboy Bob

You are exactly right! Global socialism.


30 posted on 12/08/2016 9:01:28 AM PST by SaraJohnson
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