Since Obama took office there were 23.1 million foreign workers in the United States with jobs. Today, the BLS reports, there are 25.1 million foreign workers in the United States with jobs – meaning 2 million jobs, on net, have gone to foreign workers since the recession. By contrast, BLS reports there were 124 million American-born workers with jobs in November of 2007 but only 122.5 million American-born workers with jobs today – a decline of 1.5 million for American workers.FACT JACK
OBAMA'S ANTI-AMERICAN ECONOMY = IN BLACK AND WHITE FOR ALL THE DUMMIES ! Originally Posted by WhirlawayTALE OF THE TAPE "FOR ALL THE DUMMIES!"
TALE OF THE TAPE "FOR ALL THE DUMMIES!"+1
Dow Jones Industrial Average on January 20, 1993 = 3,253
Dow Jones Industrial Average on January 19, 2001 = 10,887.39
An increase of 7,634.39 points in 8 years.
Dow Jones Industrial Average on January 19, 2001 = 10887.39
Dow Jones Industrial Average on January 20, 2009 = 7,920.66
A decrease of 2,966.70 points in 8 years.
Dow Jones Industrial Average on January 20, 2009 = 7,920.66
Dow Jones Industrial Average on December 19, 2014 = 17,804.90
An increase of 9,884.24 points in 5 years 11 months.
FACT JACK Originally Posted by bigtex
Since Obama took office there were 23.1 million foreign workers in the United States with jobs. Today, the BLS reports, there are 25.1 million foreign workers in the United States with jobs – meaning 2 million jobs, on net, have gone to foreign workers since the recession. By contrast, BLS reports there were 124 million American-born workers with jobs in November of 2007 but only 122.5 million American-born workers with jobs today – a decline of 1.5 million for American workers.FACT JACK
If you think the DJIA isn't way overvalued and due for a significant correction, just leave your money there. Then plan to retire in a van down by the river. Originally Posted by CuteOldGuy+1
If you think the DJIA isn't way overvalued and due for a significant correction, just leave your money there. Then plan to retire in a van down by the river. Originally Posted by CuteOldGuy
+1It does not take a six figure income to start a Roth IRA or a mutual fund like the Vanguard Total Index 500. Not every company has a 401K plan for their employees, one can easily start a Roth IRA or a mutual fund on their own . My first job after college, I invested 10% of my salary. The IPO for FACEBOOK was $38 a share, a cashier making $10.00 per hour could afford a couple a shares, if he/she has their budget set up right.
Hey, flighty and BigKoTex: the BUTTer Bar ASShat, have you ever stopped spinning for Odumbo long enough to inquire about who it is that made money in the stock market? If you ever do, you'll probably be amazed to discover that it's not your "47%ers". Odumbo rigged the system with Quantitative Easement; hence, forcing people out of savings accounts and the bond markets and into the stock market. Your illustrious "47%ers", of course, were not included.
Originally Posted by I B Hankering
It does not take a six figure income to start a Roth IRA or a mutual fund like the Vanguard Total Index 500. Not every company has a 401K plan for their employees, one can easily start a Roth IRA or a mutual fund on their own . My first job after college, I invested 10% of my salary. The IPO for FACEBOOK was $38 a share, a cashier making $10.00 per hour could afford a couple a shares, if he/she has their budget set up right.You're deflecting, flighty. Your 47%ers weren't the ones who did well as the market went up, and you know it. You're one of the ones that comes in here and whines about the increasing disparity between the rich and the poor -- a disparity that has grown worse under Odumbo because the rich could afford to play in the market. Face it, flighty, Odumbo held a party for the folks you despise; not your 47%ers. Quantitative Easement rigged the game against those who couldn't aford to play the market, flighty. But you can keep bragging about how Odumbo made the rich richer if you want to, flighty.
The quantitative easing was to offset all the money that Wall Street lost trading unregulated securities. Lehman Brothers, AIG, Citygroup, Merryl Lynch and others lost every penny they had on securities comprised of sup-prime loans grouped together and Credit-default swaps. At the time Republicans did not believe in " Regulations for Wall Street", they believed let "Wall Street Regulate itself". Thanks to Obama and Tim Geitner the ship has been righted and USA avoided a Steep Depression like the one in 1929. Originally Posted by flghtr65
Income Inequality Worse Under Obama Than George W. Bush
In the 2009-2010 period, a time of modest economic growth, the top 1 percent of U.S. earners captured 93 percent of all the income growth in the country.
http://www.huffingtonpost.com/2012/0...n_1419008.html
+1Links?
Wallstreet has been propped up by a trillion dollar "stimulus" each year since the inception of the program. The debt did not increase to $20 trillion in six years for no reason at all. Where has all that borrowed money gone to ? It has not all gone to defense. There will be a huge devastating correction on the part of the market.
When China gets tired of us and the plunging dollar there will be hell to pay. The market will plummet and we will face a Weimar economy in the New Banana Republic of the United Socialist States of America. It should fit in nicely with Cuba, Mexico and the South America. Originally Posted by rioseco
