“The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman
Here's mine that shows that is not necessarily true at all: http://www.nytimes.com/2012/12/02/us...pagewanted=all
Really? So that roughly 4-6% unemployment for 7.5 years out of his eight was pretty bad? And the roughly 8% unemployment throughout all of the Marxist's regime is no doubt much better, right?Overall, during the Bush era, private growth in jobs were at their worst since the Great Depression.
The highest unemployment rate during President Bush’s entire eight years in office was his last month at 7.8%, compared to President Obama’s low of 7.6%. Of course it really helps to have the state-run media on your side.
We should try an experiment. Let's declare an end to ObamaCare and Frank-Dodd. Let's roll back all regulations to those written and approved in 2001. If the economy gets way better in four years, say unemployment back to 4.5% then let's eliminate the job killing regulations permanently. And let's quietly agree that we will never, ever again allow a Marxist back into the White House, even if we call him a liberal, a progressive or whatever new term people of his ilk use to hide behind. If it does not improve then...never mind. It will improve.It can be argued since the Clinton era, much of the productivity in the economy had to do with bubbles. Bruce Bartlett had a piece in which he stated that "Economists are still searching for answers to the slow growth of the United States economy. Some are now focusing on the issue of “financialization,” the growth of the financial sector as a share of gross domestic product."
Really? So public sector unions were not made whole for three years out of the so-called stimulus funds?All worth due examination. As far as your last statement, unions have had the lowest level of membership since the Depression so it could be argued that this is also part of the reason wages have stagnated for so long.
This is not correct: " We've lost 60% of mid-wage jobs during the recession and only recovered 22%."
It is not even close. Correct is, "of the job losses 60% were mid wage where the numbers were pulled out of my, er, uh, hat at $28,766 to $43,950 in order to match my agenda."
Over half of the recovery has been for jobs earning less than $28,766. Can we all say thank you to the Marxist? He is creating equality of both opportunity and outcome as all Marxists do, at the low end.