Triumph of Jackass Economics

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    Aug 31, 2013 3:53 PM GMT
    Under Obama …

    1. The number of Americans counted as “not in the labor force” has increased by 8,332,000.

    2. The average duration of unemployment in number of weeks is up from 19.8 to 36.6.

    3. Seven out of eight new jobs are part-time.

    4. The middle class is taking home a smaller share of the overall income pie than ever before.

    5. Median household income in America has fallen for four consecutive years.

    6. The poverty rate has shot up to 16.1%, higher than when the War on Poverty began in 1965.

    7. The total amount of student-loan debt has increased from $440 billion to about $1 trillion.

    8. The U.S. debt-to-GDP ratio has increased from under 70% to 101%.

    9. Electricity bills have risen faster than the overall rate of inflation for five years in a row.

    10. The mortgage delinquency rate has increased from 7.85% to 9.72%.

    work_hard_cat-maxist-study-1-1.jpg

    So are their accomplices.

    http://theeconomiccollapseblog.com/archives/33-shocking-facts-which-show-how-the-u-s-economy-has-tanked-since-obama-became-president
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    Aug 31, 2013 3:56 PM GMT
    This topic was originally placed under "All Things Gay" by accident. Before I could delete it there, mch made the following comment:

    mch: The Result Of 30 Years Of "Trickle Down" Economics:
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    Aug 31, 2013 3:57 PM GMT
    Sounds like Obama is a man of his word.



  • conservativej...

    Posts: 2465

    Aug 31, 2013 4:23 PM GMT
    It's just living life with Looters and Moochers.

    You know, if enough people shoplift often enough -- I say this figuratively -- one day there will be no merchandise in the store.

    All hail the Righteous King ObamaLamaDingDong, known to those near and dear as "Barry."
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    Sep 01, 2013 5:13 PM GMT
    mch: The Result Of 30 Years Of "Trickle Down" Economics

    jockfever: Sometimes you gotta wonder how these people can refuse to hold Obama and his Democrat accomplices accountable for unleashing government, hollowing out the private sector, and turning the United States into a country with chronic turd-world GDP growth.

    New Study Confirms Economy Was Destroyed by Dem Policies

    "A new study from the widely respected National Bureau of Economic Research released this week has confirmed beyond question that the left’s race-baiting attacks on the housing market (the Community Reinvestment Act–enacted under Carter, made shockingly more aggressive under Clinton) are directly responsible for imploding the housing market and destroying the economy."

    "So here we sit, to this day, still watching Obama excuse and shrug off endless economic failures, illegal government takeovers and utter national bankruptcy with zero accountability."

    http://frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/

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  • GQjock

    Posts: 11649

    Sep 01, 2013 11:13 PM GMT
    LOL ... So let's get George W Bush back because he'll know how to fix it

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    Sep 01, 2013 11:51 PM GMT
    GQjock saidLOL ... So let's get George W Bush back because he'll know how to fix it


    Yep. 6 years of solid employment and GDP growth under Bush 43 vs Obama's 5 years (and counting) of sabotaging our economy with anemic GDP and jobs growth. Thanks.
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    Sep 02, 2013 3:20 PM GMT
    Aristoshark saidThis entire thread is hogwash of the most mendacious and silliest order.


    Of course it is. Obama is not Prez of other countries where the same kind of thing has been happening since the great crash of 2008.

    Now Jockie, here's a thought. Just imagine that truly far Leftie Jesus as your Prez. I suspect you'd explode promptly.

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    Sep 02, 2013 3:56 PM GMT

    Er, topathlete, Sweden is still far further to the Left than your current right wing president. icon_lol.gif
  • rnch

    Posts: 11524

    Sep 02, 2013 5:01 PM GMT
    Aristoshark saidThis entire thread is hogwash of the most mendacious and silliest order.


    Hardly surprising when one considers the thread starter.


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    Sep 02, 2013 5:12 PM GMT
    rnch said
    Aristoshark saidThis entire thread is hogwash of the most mendacious and silliest order.


    Hardly surprising when one considers the thread starter.


    icon_lol.gif


    Is that all you wish to "contribute" to the discussion?
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    Sep 05, 2013 6:41 PM GMT
    Aristoshark: This entire thread is hogwash of the most mendacious and silliest order.

    jockfever: Unable to add any facts, evidence, or logic to the topic?

    Then release some vague, pompous Lefty bowel gas.

    And don't let any facts penetrate your pagan-Statist bubble where the jihadist Obama is your Dear Leader, e.g.,


    "In every respect, the United States is in decline domestically, internationally, culturally, and economically, as a direct result of this president's policies and actions."

    Read more: http://www.americanthinker.com/2013/09/calling_it_treason.html#ixzz2doXdfrHg

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    Sep 06, 2013 5:19 PM GMT
    GQjock: LOL ... So let's get George W Bush back because he'll know how to fix it

    George Bush was no conservative, but he's looking better every day compared to the jihadist in the White House

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    Sep 07, 2013 12:21 AM GMT
    Aristoshark: This entire thread is hogwash of the most mendacious and silliest order.

    meninlove: Of course it is. Obama is not Prez of other countries where the same kind of thing has been happening since the great crash of 2008. Now Jockie, here's a thought. Just imagine that truly far Leftie Jesus as your Prez. I suspect you'd explode promptly.


    jockfever: The transformation of the US into a socialist cesspool continues according to Obama's jackass economic plan.

    Only in your bizarro world would Jesus be considered a leftist and stoop to be "Prez."

    Christ will return to rule the Universe, an event which, for real Christians, can't happen soon enough.

    -115,000: Number of Americans With Jobs Dropped in August

    September 6, 2013 - 8:45 AM

    (CNSNews.com) - Although the national unemployment rate dropped from 7.4 percent to 7.3 percent in August, the number of Americans who actually held jobs during August dropped 115,000 from July.

    The simultaneous decline in both the unemployment rate and the number of people with jobs was possible because the "labor force participation rate" dropped to 63.2 percent in August. That is the lowest it has been since August 1978.

    http://cnsnews.com/news/article/115000-number-americans-jobs-dropped-august
  • gymlocker

    Posts: 159

    Sep 07, 2013 2:03 AM GMT
    jockfever

    those who fail to study history are doomed to repeat it

    Reagan deregulated the banks and we have bank failures galore
    Bush started two unfunded wars and we have unparalelled debt
    The Republican Congress failed to enact the full stimulus so it's taking us longer to get out of Bush's recession

    I won't excuse the Democrats but if Republicans are the supposed party of personal responsibility then they need to step up and accept some

    otherwise shut the hell up
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    Sep 07, 2013 7:40 AM GMT
    Jackass economic recovery formula:

    a215bde51eb9b38f3e1eb178ddfb2660.jpg
  • Posted by a hidden member.
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    Sep 07, 2013 8:54 AM GMT
    gymlocker: those who fail to study history are doomed to repeat it

    jockfever: Agreed, but only if the history is factual.

    gymlocker: Reagan deregulated the banks and we have bank failures galore

    jockfever: Within one year of taking office, Reagan had an economic program, recommended by free-market economist Milton Friedman, that started to reverse the Carter recession. (Let's give Jimmy a hand for the double-digit unemployment, double-digit inflation, and double-digit interest rates).

    You may be referring to the S&L crisis, which had many causes, including deregulation under Democrat presidents. It was a small blip on the radar compared to the destruction caused by the Democrat policy of giving mortgages to unqualified people, which became "toxic assets," the key ingredient to the financial meltdown.

    Reagan's policy of unleashing the private sector led to twenty years of economic growth.

    The anti-American Marxist in the White House has carefully done the opposite of Reagan's economic plan. He is unleashing government, turning the US into a socialist cesspool.


    gymlocker: Bush started two unfunded wars and we have unparalelled debt

    jockfever: Does it ever occur to the Bush-derangement Left that radical Islam declared war on the US?

    Does the Bush-derangement Left ever remember that President Bush had bipartisan congressional authorization for the wars in Afghanistan and Iraq?

    Bush was no conservative and conservatives criticized the irresponsible spending during the Bush presidency. The debt went up about $4.9 Trillion during the eight years of the Bush presidency.

    Under the anti-American Marxist in the White House, the national debt has already gone up more than $6 Trillion with no end in sight.


    gymlocker: The Republican Congress failed to enact the full stimulus so it's taking us longer to get out of Bush's recession

    jockfever: Big-spending, big-government Democrats controlled all three branches of government for two years under the anti-American Marxist in the White House.

    They loaded the so-called Stimulus Bill with pork and passed it, one of the greatest boondoggles of modern times.

    They also passed other monstrosities like Obamacare and Dodd-Frank, with their unstoppable majorities in the House and Senate.

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    gymlocker: I won't excuse the Democrats but if Republicans are the supposed party of personal responsibility then they need to step up and accept some otherwise shut the hell up.

    jockfever: In five years the human wrecking ball in the White House has done nothing which benefits the nation as a whole. His foreign and domestic policies are a disaster. He is held responsible for NOTHING.

    Every time stupid big-government ideas fail, that failure, as you've demonstrated, is blamed on Republicans.

    When conservatives expose the Democrat agenda for the fake, phony fraud that it is, they are advised to shut up and drink the Obama Kool Aid.

    Then we get a lecture on studying history so we're not doomed to repeat it. We're already repeating destructive history -- of Rome, the old Soviet Union, and Cuba.
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    Sep 07, 2013 9:17 AM GMT
    Aristoshark: Once again, you show your moron-hood. I am not a fan of Obama, and I never was. So stick that "Dear Leader" stuff up your ass, in the same location as your Dominionist Christian fascism. But he's certainly preferable to any Republican, conservative, or religio-fascist that you would prefer.

    jockfever: You're not a fan of the Dear Leader but you know he's doing a better job than any conservative alternative? And you have the nerve to toss around the term "moron"?

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  • gymlocker

    Posts: 159

    Sep 08, 2013 7:22 PM GMT
    Some people have the fever for the flavor of a Pringle--jockfever just has the IQ of a Pringle

    Step up and do something to help someone else/then you won't have so much time to expose your unsubstantiated manic and self centered personal opinions to everyone else

    In other words :quit bitchin/ you lost the last election/ if I had to live through 12 years of Reagan and the Bushes you should be happy to only have Obama to contend with

    most of the problems you rail about are of your own making
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    Sep 08, 2013 9:08 PM GMT


    Jockfever said, "Only in your bizarro world would Jesus be considered a leftist."

    icon_lol.gificon_lol.gificon_lol.gificon_lol.gificon_lol.gificon_lol.gificon_lol.gificon_lol.gif

    Oh of course, Jesus would be packing and be all about gettin' rich, right?

    *...can't stop laughing...*

    Oh my. icon_lol.gif
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    Sep 08, 2013 11:29 PM GMT
    gymlocker saidjockfever

    those who fail to study history are doomed to repeat it

    Reagan deregulated the banks and we have bank failures galore
    Bush started two unfunded wars and we have unparalelled debt
    The Republican Congress failed to enact the full stimulus so it's taking us longer to get out of Bush's recession

    I won't excuse the Democrats but if Republicans are the supposed party of personal responsibility then they need to step up and accept some

    otherwise shut the hell up

    This, times trillions. These stupid conservatives love to pretend that the war criminal bush did not use a credit card to pay for unjust wars, and those debts continue to sabotage the nation. They also seem to completely forget how the worst congress in history has done everything possible to ruin this once great nation. Forget facts, these con-men just pretend like the economic trouble started the day Obama was sworn in.
  • creature

    Posts: 5197

    Sep 09, 2013 2:34 AM GMT
    topathlete said
    smartmoney said
    gymlocker saidjockfever

    those who fail to study history are doomed to repeat it

    Reagan deregulated the banks and we have bank failures galore
    Bush started two unfunded wars and we have unparalelled debt
    The Republican Congress failed to enact the full stimulus so it's taking us longer to get out of Bush's recession

    I won't excuse the Democrats but if Republicans are the supposed party of personal responsibility then they need to step up and accept some

    otherwise shut the hell up

    This, times trillions. These stupid conservatives love to pretend that the war criminal bush did not use a credit card to pay for unjust wars, and those debts continue to sabotage the nation. They also seem to completely forget how the worst congress in history has done everything possible to ruin this once great nation. Forget facts, these con-men just pretend like the economic trouble started the day Obama was sworn in.

    All the points in the OP pertained to the changes while Obama was in office. Maybe you are suggesting that things were so bad when Obama took office that it is impossible to show any significant improvement to negate the points in the OP. Obama said if he could not improve things in 4 years he should be a one term president. Your ilk forgave him that, but things are still bad. How many years would you give him before trading in your typical smart-ass but stupid responses into something half-way intelligent? Do you even have the capacity to do that or is it easier to remain a smart-ass?


    Things are better than there were since he first took office. If he continued the decline that was in effect when Bush left office, then I could see the justification for having him as a one-term President.

    Apparently most Americans who voted didn't feel the same way you do. Given his record as President, a record you and your ilk were so sure would destroy his chance at re-election, he still won. He won with more than 50% of the popular vote, which is a feat not often seen in modern politics.

    And speaking of forgiving, so what happened to those weapons of mass destruction?
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    Sep 09, 2013 3:45 AM GMT
    topathlete said
    creature said
    topathlete said
    smartmoney said
    gymlocker saidjockfever

    those who fail to study history are doomed to repeat it

    Reagan deregulated the banks and we have bank failures galore
    Bush started two unfunded wars and we have unparalelled debt
    The Republican Congress failed to enact the full stimulus so it's taking us longer to get out of Bush's recession

    I won't excuse the Democrats but if Republicans are the supposed party of personal responsibility then they need to step up and accept some

    otherwise shut the hell up

    This, times trillions. These stupid conservatives love to pretend that the war criminal bush did not use a credit card to pay for unjust wars, and those debts continue to sabotage the nation. They also seem to completely forget how the worst congress in history has done everything possible to ruin this once great nation. Forget facts, these con-men just pretend like the economic trouble started the day Obama was sworn in.

    All the points in the OP pertained to the changes while Obama was in office. Maybe you are suggesting that things were so bad when Obama took office that it is impossible to show any significant improvement to negate the points in the OP. Obama said if he could not improve things in 4 years he should be a one term president. Your ilk forgave him that, but things are still bad. How many years would you give him before trading in your typical smart-ass but stupid responses into something half-way intelligent? Do you even have the capacity to do that or is it easier to remain a smart-ass?


    Things are better than there were since he first took office. If he continued the decline that was in effect when Bush left office, then I could see the justification for having him as a one-term President.

    Apparently most Americans who voted didn't feel the same way you do. Given his record as President, a record you and your ilk were so sure would destroy his chance at re-election, he still won. He won with more than 50% of the popular vote, which is a feat not often seen in modern politics.

    And speaking of forgiving, so what happened to those weapons of mass destruction?

    He won with enormous media support and GOP missteps. Re WMD - one guy has shown several videos of Democrats endorsing Iraq war and they were given same intel as Bush.


    Ask these folks







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    Sep 09, 2013 1:30 PM GMT
    creature: Things are better than there were since he first took office.

    jockfever: To preserve their private version of reality, Obama's acolytes need to live in a fact-free bubble.

    #1 When Barack Obama entered the White House, 60.6 percent of working age Americans had a job. Today, only 58.7 percent of working age Americans have a job.

    #2 Since Obama has been president, seven out of every eight jobs that have been "created" in the U.S. economy have been part-time jobs.

    #3 The number of full-time workers in the United States is still nearly 6 million below the old record that was set back in 2007.

    #4 It is hard to believe, but an astounding 53 percent of all American workers now make less than $30,000 a year.

    #5 40 percent of all workers in the United States actually make less than what a full-time minimum wage worker made back in 1968.

    #6 When the Obama era began, the average duration of unemployment in this country was 19.8 weeks. Today, it is 36.6 weeks.

    #7 During the first four years of Obama, the number of Americans "not in the labor force" soared by an astounding 8,332,000. That far exceeds any previous four year total.

    #8 According to the U.S. Census Bureau, the middle class is taking home a smaller share of the overall income pie than has ever been recorded before.

    #9 When Obama was elected, the home ownership rate in the United States was 67.5 percent. Today, it is 65.0 percent. That is the lowest that it has been in 18 years.

    #10 When Obama entered the White House, the mortgage delinquency rate was 7.85 percent. Today, it is 9.72 percent.

    #11 In 2008, the U.S. trade deficit with China was 268 billion dollars. Last year, it was 315 billion dollars.

    #12 When Obama first became president, 12.5 million Americans had manufacturing jobs. Today, only 11.9 million Americans have manufacturing jobs.

    #13 Median household income in America has fallen for four consecutive years. Overall, it has declined by over $4000 during that time span.

    #14 The poverty rate has shot up to 16.1 percent. That is actually higher than when the War on Poverty began in 1965.

    #15 During Obama's first term, the number of Americans on food stamps increased by an average of about 11,000 per day.

    #16 When Barack Obama entered the White House, there were about 32 million Americans on food stamps. Today, there are more than 47 million Americans on food stamps.

    #17 At this point, more than a million public school students in the United States are homeless. This is the first time that has ever happened in our history. That number has risen by 57 percent since the 2006-2007 school year.

    #18 When Barack Obama took office, the average price of a gallon of regular gasoline was $1.85. Today, it is $3.53.

    #19 Electricity bills in the United States have risen faster than the overall rate of inflation for five years in a row.

    #20 Health insurance costs have risen by 29 percent since Barack Obama became president, and Obamacare is going to make things far worse.

    #21 The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.

    #22 According to economist Tim Kane, the following is how the number of start up jobs per 1000 Americans breaks down by presidential administration...

    Bush Sr.: 11.3

    Clinton: 11.2

    Bush Jr.: 10.8

    Obama: 7.8

    #23 In 2008, that total amount of student loan debt in this country was 440 billion dollars. At this point, it has shot up to about a trillion dollars.

    #24 According to one recent survey, 76 percent of all Americans are living paycheck to paycheck.

    #25 During Obama's first term, the number of Americans collecting federal disability insurance rose by more than 18 percent.

    #26 The total amount of money that the federal government gives directly to the American people has grown by 32 percent since Barack Obama became president.

    #27 According to the Survey of Income and Program Participation conducted by the U.S. Census, well over 100 million Americans are enrolled in at least one welfare program run by the federal government.

    #28 As I wrote about the other day, American households are now receiving more money directly from the federal government than they are paying to the government in taxes.

    #29 Under Barack Obama, the velocity of money (a very important indicator of economic health) has plunged to a post-World War II low.

    #30 At the end of 2008, the Federal Reserve held $475.9 billion worth of U.S. Treasury bonds. Today, Fed holdings of U.S. Treasury bonds have skyrocketed past the 2 trillion dollar mark.

    #31 When Barack Obama was first elected, the U.S. debt to GDP ratio was under 70 percent. Today, it is up to 101 percent.

    #32 During Obama's first term, the federal government accumulated more new debt than it did under the first 42 U.S presidents combined.

    #33 When you break it down, the amount of new debt accumulated by the U.S. government during Obama's first term comes to approximately $50,521 for every single household in the United States. Are you able to pay your share?

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  • GQjock

    Posts: 11649

    Sep 09, 2013 2:48 PM GMT
    Dude .... you're living the republican dream
    This is the Reagan Bush economy and it took 30 years the build with two war Marischino cherry on topfor good measure

    So the next time you light a candle for the great Alzheimery one
    Than him for what he did for the economy too