Random Politics & Religion #18

The "economic recovery" has largely been confined to the wealthy cities with the rural area's being sucked dry. President Obama's policies, largely focused on "nice to have benefits" which did absolutely nothing for rural area's where it's a struggle just to put food on the table and keep a roof over the head. These people just want jobs, doesn't need to be some high paying all benefits included job, just anything that draws basic income. ***like inflated national minimum wages, Obamacare and various labor board practices only serve to drive rural business's to close shop or move to big cities which deprives the rural area's of their economic livelihood.

That's primarily why I absolutely don't agree with national management of the job economy, that's something that needs to be done on a state by state basis. Places like Mississippi, Louisiana, Arkansas, Kentucky and Alabama simply can't function on the same economic model as California, New York or Illinois. Hell Michigan can't either which is why we see the dead city of Detroit and that state going Red this last election. Both of those wealthy states benefit from the massive advantage that is being the center for major industries. The Tech industry is largely based out of California which draws a large tax benefit in the form of higher taxable wages and business income. The Financial Industry is based out of New York and serves the same function. Texas also benefits from the resource industry but at least they are smart enough to realize this and not attempt to push that model down everyone else's throats.

Under what sort of reality do you think that taxing banks who did not participate in TARP is a good thing?

Better yet, how is a dismal ~1.5% average economic growth any much better (where economic growth under any other administration averages 4-5%, including Bush II)?

Don't forget that Obama is the first president since Hoover to not even break 3% GDP growth under his watch in any economic quarter.

His (and his administration's) policies have kept the US down for almost a decade. We can all finally breath a sign of relief now that he is officially out the door.

Yeah considering he is leaving behind a strong economy, a very low unemployment rate, a strong US dollar, and a higher number of people with health insurance behind, looks like that fear mongering didn't work out.

Also I am surprised this website doesn't prune threads.

Digging up 7yo threads could be seen as mildly obsessive.

Unless, of course, you think that a strong economy is something that took almost 8 years just to get back to the levels before the Great Recession, which most administrations, including Bush II, have done the same in less than 2. Or that the economy "growth" is benefiting a small group of people a whole lot more, including the ex-president instead of the population at whole is an indicator of a strong economy. Or that the economy is practically propped up on wooden sticks because of an unnaturally low federally-mandated interest rate, one that could see automatic repercussions when the interest rates change to reflect actual lending practices.

But what do you know, anything to redefine Obama's tenure as a success, right?

It's not even at the level of normal unemployment yet. Normal unemployment is 4.5%, and best-guess (and actual economic numbers, not the redefined numbers made to make Obama look good) unemployment numbers are still hoovering around 6%. The FLA reports every month are very dishonest to the American people, and even you should see that.

Mandated by law. Most of which cannot afford it, most of which cannot afford going to the doctor still, most of which cannot see the doctor they saw before, most of which doesn't even get the care they need, most of which are on waiting lists and some even die while waiting for care. Huge success....

That all you have to say about it?

Hahaaaaaaa, this inauguration speech. Holy crap. I almost feel sorry for the politicians sitting behind him.

He faced an economic crisis, and not only basically ignored the problems, he created new problems. Tell me this: Why do you think it is a good idea to have a healthcare law comprised of mostly tax code?

Into the trash those claims go...

Economic growth under Bush II didn't even come close to averaging 4-5% btw. The Great Recession pretty much guaranteed that.

I would say history will grade Obama as average for the economy, he inherited an economic disaster and turned it into something better. It isn't stellar but its a positive score. He also had a pure obstructionist Congress that year after year broke its own record for least productive Congress ever. History will definitely remember that and soften on Obama.

Trump is inheriting a way better economy that Obama did.

I'm kinda eager to see what the NRA does since they won't have much at a federal level to *** about. They'll have to work by state whenever a governor says something.

Federal ammo is pretty good btw, but their loads are a tad hot for their brass in .357, polish your chambers.

They can always chime in on abortion or economic issues where they theoretically shouldn't even have an opinion.

The latest thing from the NRA is silencers, so I would say times are good for them.

Ah, but how wrong you are, sir. It depends on {click-click} HOW we're aborting said fetus.

Inflation adjusted, sure

Even then, it's still by far and away better than what Obama has put up. Even by his own, adjusted scorecards.

Probably not. But you know what? Even by your own standards, starting at a very low point, and "grading" average still shows that Obama's economic policies are dismal, as every single economic recovery under every other administration has shown very high (6-8%) GDP recovery bounces, where Obama's "recovery" bounce never hit over 2%.

It took him almost 8 years to make it at the level before the Great Recession. How can you quantify that as a success?

I will give you that.

You have to wait until they've been born and grow up poor in bad neighborhoods with little hope and no encouragement. Then when they turn to a life of crime you gun them down.

Then when they turn 18 you can have a 75th'ish semester abortion with a Smith & Wesson brand medical device.

Apparently, you haven't changed at all in 7 years. So there's that.

Okay that was a trainwreck of a post because I had to stop and do math but the point got across.

Post a more recent article maybe?

Find me someone in here who has.

I'll do one better, since you probably won't read it:

It also means that I stick to my principles, and that I believe what I say.

Also, I know what I'm saying instead of parroting whatever MSM is reporting that day.

Well, that would be hard to do today anyway. Too many heads exploding.

Thats one of those graphs that assigns Bush's final 1.4T deficit to Obama, isn't it? Its amazing how you can find those, there can't be many out there.

Well it's nice that you can cherry pick the one chart that you can explain away and ignore the rest. It really helps the argument.

Politically speaking or...

I mean, this isn't so much to brag, but I've undergone major life changes for the better in the past 8 years.

Just sayin'.