The same media that gave us the certainty of WMDs in Iraq is now telling us that everything in America is fine! The stock markets are at record highs! Corporate profits are healthy! People seeking unemployment assistance is way down! We have recovered from the crisis of 2008!Dude there was a global recession that affected every 1st world country. The entire world hasn't recovered yet.
But what they neglect to say is this:
1.Average family incomes in 2007 were over 57,000 and dropped to less than 53,000 from 2007 to 2009. They have never recovered. Average family income has not increased one dime since 2009. It is still less than 53,000. Originally Posted by pussycat
2.The rate of people out of the workforce completely has never been higher since the Great Depression. Tens of millions of people have either dropped out completely because wages are so low or they've moved on to black market activities which pay more.Bullshit. The unemployment rate is 5%. There are millions more people out of the work force because people are living longer, thus more retirees.
3.The growth in the economy is flat. The increase in population in America is one percent per year, so if the economy is growing at only one percent that means per capita it is not growing at all.It is growing. It is not super high, but it is growing.
4.The rate of poverty has not been this high since the end of the Great Depression, and the numbers of people on food assistance is up 400 percent in seven years.More bullshit. Even then, you're a goddamn moron if you think Trump, who wants to eliminate the minimum wage and give more money to rich people, would be able to fix that. If anything, he would exacerbate the problems. Trickle down economics do not work and have never worked.
5.Federal borrowing is at very high levels, amounting to half the Federal budget, which is 23 percent of GDP. That means that about 10 percent of GDP is from borrowing alone. This is needed to maintain the one percent growth in the economy. Without this massive stimulus of money pouring into the economy to prop up aggregate demand the economy would be in a depression.Irrelevant nonsense that racist, sexist, xenophobic, and all around retard Trump has no ability to fix. Republicans have no interest in fixing these issues in general. All they want to do is ban abortion, ban gay marriage, and implement big tax cuts for the rich and corporations. They couldn't give a shit about the deficit or whatever nonsense you're going on about.
6.At the same time the Federal borrowing is at massive levels to maintain zero growth the Federal Reserves is still pumping trillions of dollars in zero interest credit to maintain zero growth. If the Federal reserve were to return to normal rates of interest and M2 figures (which they won't even publish any more) the economy would be in a depression
7.There is a middle class which continues to apply for mortgages and buy new cars. However that middle class consists only of dual income Professionals. This cohort are husbands and wives who met in college, graduated at the top 10 percent of their classes, and combine their incomes to afford houses, cars, etc. But if one of them wasn't working they would be in the poor house. One income alone, even for a degreed Professional like a CPA, doesn't pay enough given the inflation in housing, education, property taxes from the inflation in home values, legal services and health care. Health insurance premiums are now so high that millions devote most of their paychecks just to pay for private insurance which they will be penalized for under the tax code for not purchasing.Health insurance premiums are high because Republican governors refused to accept medicare expansion to pay for it. And also, insurers are greedy fucks. The CEOs of the insurance companies are making millions of dollars.
Sanders and Trump are only the beginning. One is a globalist and the other is a nationalist but they agree on the basics of bringing back our manufacturing base upon which any economy must rest. We can't have trillion dollar trade deficits every year and hope to even feed ourselves.Sanders and Trump are polar opposites. Quite frankly, there is no legit reason to support Trump unless you're a white supremacist. None of his policies would help the country. The only thing Trump cares about is himself.
We are already broke. We are living off credit. Without change we are done. We are finished.
Also, in play in the "Secret Trump Voter" - those folks who don't want anyone to know that they support the Donald but don't want to put a vote Trump sign in their yard for fear of what the neighbors think. But once they get in the voting booth - no one will see who they really are voting for. You can actually google this - it's real. I'm not one of these folks because I love the Donald. And for those folks that are offended by what he says - damn, people get in the real world-hang out with some U.S. Marines - those guys will make what the Donald said tame. Originally Posted by Austin Ellen
Dude there was a global recession that affected every 1st world country. The entire world hasn't recovered yet.Everything you said is incorrect. Your replies did not clash or speak to my points. The unemployment rate of 5 percent only reflects the number of people applying for unemployment benefits and does not reflect the tens of millions unemployed who cannot apply for benefits. It is totally misleading. The crash of 2008 has created a new economy in which the stock markets are high, and corporate profits are high, but family incomes are way down and not improving. You claim the recession is still here and that explains low wages and a 400 increase in food assistance is temporary, but it's been eight years now and corporate profits and equity markets are fully recovered. Are you suggesting that employment and incomes lag the recovery by eight years????
Bullshit. The unemployment rate is 5%. There are millions more people out of the work force because people are living longer, thus more retirees.
It is growing. It is not super high, but it is growing.
More bullshit. Even then, you're a goddamn moron if you think Trump, who wants to eliminate the minimum wage and give more money to rich people, would be able to fix that. If anything, he would exacerbate the problems. Trickle down economics do not work and have never worked.
Irrelevant nonsense that racist, sexist, xenophobic, and all around retard Trump has no ability to fix. Republicans have no interest in fixing these issues in general. All they want to do is ban abortion, ban gay marriage, and implement big tax cuts for the rich and corporations. They couldn't give a shit about the deficit or whatever nonsense you're going on about.
Health insurance premiums are high because Republican governors refused to accept medicare expansion to pay for it. And also, insurers are greedy fucks. The CEOs of the insurance companies are making millions of dollars.
Sanders and Trump are polar opposites. Quite frankly, there is no legit reason to support Trump unless you're a white supremacist. None of his policies would help the country. The only thing Trump cares about is himself.
And manufacturing is dead. The future has always been in automation. The only solution is what Sanders proposed (socialism) but you rich fucks are too greedy and selfish to realize that European socialism is better than unfetted, unregulated capitalism. Originally Posted by goobersnotch
Everything you said is incorrect. Your replies did not clash or speak to my points. The unemployment rate of 5 percent only reflects the number of people applying for unemployment benefits and does not reflect the tens of millions unemployed who cannot apply for benefits.. Originally Posted by pussycatThis caught my eye and I checked it out and found you to be incorrect in that the
When CNN now shows Trump up 4 in Ohio, you know he is still in this. Never mind all of the rest of the data dumps coming. I think HRC and the DNC are out of ammo. Originally Posted by SecretETrump has to win 63 more electoral votes than Romney to tie. Right now there is no road to victory for Trump. Here are the latest polls in the battleground states with electoral votes in parens:
This caught my eye and I checked it out and found you to be incorrect in that theAccording to the Pew Research Center, the Brookings Institution, and other sources...
unemployment rate uses several sources to come up with the statistic.
Source: http://www.investopedia.com/terms/u/...oymentrate.asp
"Unemployment is measured in a number of ways in the U.S.: labor force sample surveys, Social Insurance statistics, which are numbers drawn from the number of people drawing unemployment benefits and other welfare programs, and employment office statistics which measure the number of people who come into unemployment offices looking for work. When calculating the official unemployment rate, the Bureau of Labor Statistics consider all the information gathered by these methods to provide a holistic picture of the labor market and the challenges facing workers."
Originally Posted by SpeedRacerXXX
According to the Pew Research Center, the Brookings Institution, and other sources...I googled Pew Research and found the following. Outside of the 16-19 age group, the unemployment rates are acceptable. And PEW points out that the number of people retiring and not looking for work skews the data.
92 million Americans, 37 percent of the civilian population over the age of 16, are now "not in the workforce." These are people who have not been able to find work for so long that they have moved on to lifestyles subsisting without employment.
Is that the America you want? Is that the America you grew up in? I know living in Texas at present, and Austin in particular, we live in a prosperous region. But Texas is an island, and that's because of oil. Before oil transformed Texas it was like....Arkansas! Blah! Originally Posted by pussycat