Many Trump supporters have lots of problems, and those deplorables are bringing those problems to us. They’re racists. They’re misogynists. They’re islamophobic. They're xenophobes and homophobes. And some, I assume, are good people.
I was not using the misery index as some proof of how well Obama has done because I only just learned about the misery index today. I was just pointing out a statement you made that was factually inaccurate about the misery index.
As for your little divergence towards a discussion of discouraged and underemployed workers, I would note that yes, I do understand those terms and those those workers, as measured by the U-6 unemployment rate has dropped from a height of 17.1% at its height in 2009 to 10.5% (with 0.3% of that drop occurring in the last month alone), a rate that is lower than the rate inherited by Obama.
As for the unemployment rate dropping, did that happen after the Obama stimulus or after the GOP Took the House and then Congress? Isn't a stimulus supposed to be a short term economic policy to stimulate economic growth and job creation? Can you explain how Obama inherited 142 million working Americans and two years later and two years after the signing and passage of the Stimulus the employment was 139 million? Is that the kind of economic success you attribute to Obama and his stimulus? Isn't the U.S. Private sector economy great. Suggest you give more credit to incentive and the private sector than Obama and his failed policies that delayed recovery.
The only reason they complained about TARP is that came with strings on how big their exorbitant bonuses could be. The Fed just handed them the money, no strings at all, in what was intended to be total secrecy. Of course lying, sniveling, corrupt bankers preferred the latter.
If you are attempting to compare the severity of the Great Recession to the Recession experienced in the early 1980s, then I would note the drop in GDP from the Great Recession was -4.3% and the GDP drop from the early 1980s recession was -2.7%. When you take into account the difference in the size of the GDP during those two time periods (14.7 trillion and 3.2 trillion respectively), then the argument that the early 1980s recession was worse becomes a laughable proposition at best.
Edit: Also laughable is an allegation of "typical liberal diversions" from someone who has shifted a forum thread devoted to the Supreme Court upholding ACA subsidies into a discussion of Recession economics.
Last edited by MrT; 07-06-15 at 11:44 AM.
US Employment and Jobs | Department of Numbers
Edit: So that is the second time (at least), in the span of an hour, that you have lied about the economic indicators in order to help support your argument.