This failed social experiment has the nation dearly.
But.....unemployment is at 5.5%! That is only 1.5% from so called full employment. How can this be? Something is amiss here. Cooking the books maybe? If anybody accepts the 5.5% unemployment figure they are total morons. I guess there are a lot of them. Obama was reelected.
Bush’s fault, of course.
If a good person (Cruz) gets into the Oval Office, the media will go into overdrive with TONS of bad economic news, scandals and stories of suspected corruption. They will sabotage all efforts at real progress. The people will lament "the good old days" when Obama made the economy hum -- no matter what the economy is doing in 2017: it won't be as good as the glory days of 2009-2016.
Why couldn’t the Federal Reserve and the Media just prop-up the Supreme Being until a Republican can be blamed?
As for this alleged recovery, if you go into the hospital and you're expected to recover in a two weeks, and you're still there a year later, you're not recovering. You're waiting to die. Obamas reelection was national suicide.
And oh, seems to me President W. Bush stopped TARP bail-outs and left half the cash because it was no longer necessary to continue bailing.
People got what they voted for.
Unfortunately the rest of us get to pay the price too.
Obama’s spokesmouth, Josh Ernest clearly stated that this is Bush’s fault on Fox News this morning. Further comments are obviously racially motivated.
Former Federal Reserve Vice Chairman Alan Blinder:
“So for that reason, despite the fact that we’re looking at an absolutely horrendous long-term fiscal outlook”
I, like Mark, and I think most of us around the table, believe that at least a modest, now this is where people will disagree, but at least a modest increase in the deficit is targeted very strongly on job creation.”
We know that the Stimulus bill 'a modest increase in the deficit' was deficient as predicted, will the new Fed Chair Yellen finally acknowledge Democrat Economic Policies are mere vote buying schemes?
Well, Barry inherited this mess.
We now have a new normal.
You are also doing very well in the labor market.
If you are an illegal alien.
A stagnant economy makes it more likely that the the dollar will lose its reserve status. Then, the Fed would have to raise interest rates to attract investors. Other options could include nationalizing 401ks or starting an overseas or civil war.
A robust economy could avert most of these ills. We all know that this is 0bama and the globalist elite plan to pillage the nation.
The way things are going now, America could follow the example of China in the 19th and early 20th centuries. A paper tiger beset by factional division, civil war, debt and ripe for a neo-colonization by creditor nations (mostly China).
1) The Affordable Health Care Fiasco is scaring the HELL out small and medium sized businesses....the REAL drivers of the economy both in hiring and middle class wealth creation..
2) The current Tax Code(how many pages??) is a disaster for the businesses...flat tax would solve a sh-t load of problems.
3) Too much government spending/regulations are strangling the creation as well as innovation of new products/businesses.
5.56mm
Low information voters hiring low information candidates.
Hell, the Free Sh** Army is happy.
Any new home construction going on where you live? I’m in bucks county PA right now and there are several projects going on. One that was dormant for years. Just wondering.
That is called a Depression. It is actually the New Great Obama Depression. Soup lines have been replaced by EBT cards and the economically displaced are held in place by SSI payments & Welfare benefits.
