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dudeabides
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Posts: 2,375
Tuvalu
« on: August 30, 2015, 01:43:38 PM »

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dudeabides
Sr. Member
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Posts: 2,375
Tuvalu
« Reply #1 on: August 30, 2015, 01:59:15 PM »

For example, despite the recession officially "ending" 6.5 years ago, household income is still 2k less than it was in 2007. Likewise, labor force participation rate has declined among EVERY demographic and age group EXCEPT those over 55.

Obama will be the first president in a long, long time to never have a year of 3% GDP growth as well. In fact, as of right now, W  has averaged more economic growth than this administration.

You can manipulate stats all you want, but most Americans agree that things are not better. Why do you think a mere 28% of Americans think things are going in the right direction?

Most Americans agree upon a lot of things that aren't quite true.

Fewer Americans are in the workforce today than the day the President took office. Incomes are down, home ownership is down, health care costs are up, the national debt is up, corporate welfare is up, the number of people in poverty is up, the deficit is still higher today than it was in 2009, the only areas where we are better off is energy costs are coming down and the stock market is doing well, the stock market primarily benefits the wealthy.
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dudeabides
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Posts: 2,375
Tuvalu
« Reply #2 on: August 30, 2015, 07:53:44 PM »


1. It's a debt, deal with it. The world just had an econmic recession, and we needed government spending. Bush also increased the debt more than Obama with 2 wars, and horrible economic but you never hear about that.

2. Median Income has been declining, but that is more of the fault of the economic recession, that you know bush caused. It will rise when the recession is fully over, and if we have a new deal style program.

3. Baby Boomers are retiring you know... Unemployment has gone down to 5.3%, you know. More than .7% that Romney said he would get it down for.

4. I don't see how spending more for the welfare of citizens, is a bad thing. I see that as a positive increase.



1. You are completely inaccurate here. Bush increased the national debt by $5 trillion over eight years, President Obama has increased it by $8 trillion in 6 years and 8 months.

2. You are right, median income has fallen since 2000. But at least there were periods of income growth under President Bush, there hasn't been as much under President Obama.

3. That explains some of the drop in the labor participation rate, but not all of it. Additionally, many of the jobs that have been created are part-time.

4. Spending more on welfare for citizens means they are having a tough time making ends meet.
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