Obama Obama Outperforms Reagan On Jobs, Growth And Investing

Discussion in 'Free Speech Alley' started by LSUMASTERMIND, Oct 28, 2014.

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  1. LSUMASTERMIND

    LSUMASTERMIND Founding Member

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    http://www.forbes.com/sites/adamhar...performs-reagan-on-jobs-growth-and-investing/

    This is the best private sector jobs creation performance in American history

    “What’s now clear is that the Obama administration policies have outperformed the Reagan administration policies for job creation and unemployment reduction. Even though Reagan had the benefit of a growing Boomer class to ignite economic growth, while Obama has been forced to deal with a retiring workforce developing special needs. During the eight years preceding Obama there was a net reduction in jobs in America. We now are rapidly moving toward higher, sustainable jobs growth.”


    Just going to leave this dandy here to piss folks off......
     
    LSUMASTERMIND, Oct 28, 2014
    #1
  2. LSUpride123

    LSUpride123 PureBlood

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    http://www.forbes.com/sites/kylesmi...ma-fans-reagan-did-better-on-jobs-and-growth/

    Clearly Americans are doing better. :confused: I don't care who you blame. The 1980's and today do not need comparison.

    "Does a president control the economy like a puppeteer? No, nor does a president have the power to spend; that’s a Congressional duty. Nevertheless, to argue that the economy is doing better under Obama than it did under Reagan is at best obtuse and at worst partisan hackery."

    [​IMG]
     
    LSUpride123, Oct 28, 2014
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  3. red55

    red55 curmudgeon Staff Member

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    Right . . . when the economy crashed under Bush, it was not Bush's fault. When the failed economy Obama inherited struggled to pull itself out, it was Obama's responsibility. Now the the economy has prospered, it had nothing to do with Obama.

    One of the Republicans biggest delusions is assuming that everybody is stupid.
     
    red55, Oct 28, 2014
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    Contained Chaos and Tiger in NC like this.
  4. LSUAthletics

    LSUAthletics Founding Member

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    LSUAthletics, Oct 28, 2014
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  5. red55

    red55 curmudgeon Staff Member

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    Median household income in the US was $48,762 in 2008. It was $49,486 in 2012. US Census Bureau.

    Probably due Congress' 16% approval rating.
     
    red55, Oct 28, 2014
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  6. LSUAthletics

    LSUAthletics Founding Member

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    LSUAthletics, Oct 28, 2014
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  7. red55

    red55 curmudgeon Staff Member

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    • This year the economy is adding jobs rapidly and paychecks are rising faster than inflation at last. Real weekly earnings for workers, adjusted for inflation, averaged 0.7 percent higher in August than when Obama entered office.
    • And the total number of jobs in September was nearly 5.5 million higher than when Obama was first sworn in. Four times more jobs have been added under Obama than were gained in George W. Bush’s eight years in office.
     
    red55, Oct 28, 2014
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  8. LaSalleAve

    LaSalleAve when in doubt, mumble

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    Uh oh you done done it now... How dare you talk about St. Reagan.
     
    LaSalleAve, Oct 28, 2014
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  9. mancha

    mancha Alabama morghulis

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    I'll confirm or argue that point in a few months. I haven't seen it yet.

    Middle class wages has remained relatively flat despite the surge in the market. Add that with higher taxes, and there is a net loss. Investors are making money for sure but I see it as more income growth for the wealthy. Not that it is a bad thing.
     
    mancha, Oct 28, 2014
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  10. LaSalleAve

    LaSalleAve when in doubt, mumble

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    It is when it doesn't "trickle" down.
     
    LaSalleAve, Oct 28, 2014
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