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A recovering US is outpacing other major economies

Vern

Vern

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"WASHINGTON (AP) -- As a brutal winter yields to spring, the U.S. economy is showing renewed strength just as other major economies appear desperate for help.

Europe is clinging to a fragile recovery. Japan just imposed a tax hike that threatens its shaky economic comeback. And China's troubles are rattling the global economy."

http://finance.yahoo.com/news/recovering-us-outpacing-other-major-140307016.html

I bet the rest of the industrial world wish they followed President Obama's policy of maintaining positive GDP while prudently reducing the deficit.
 
Vern said:
Europe is clinging to a fragile recovery. Japan just imposed a tax hike that threatens its shaky economic comeback. And China's troubles are rattling the global economy."
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Good thing the GOP stopped Obama from a similar measure
 
... has far less to do with specific policies and more to do with the general condition of the United States being:

(1) the most economically and politically networked country
(2) having the most and best economic resources

Hence we are the largest recipient of foreign direct investment, and receive other substantial indirect advantages.
 
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Crovax said:
Good thing the GOP stopped Obama from a similar measure
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Please back up your point. I would love to know what you are referring to.
 
Vern said:
Please back up your point. I would love to know what you are referring to.
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Which one of the hundreds of tax hike proposals would you like me to link?

The 2011 budget?

President Obama’s budget proposes $989 billion in new taxes over the course of the next 10 years, starting fiscal year 2011, most of which are tax increases on individuals.
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Obama’s Budget: Almost $1 Trillion in New Taxes Over Next 10 yrs, Starting 2011 - ABC News

How about the 2012 budget?
President Obama recently unveiled his 2012 budget proposal and the 43 tax hikes it contains. The multitude of—utterly unnecessary—tax hikes will burden Americans to the tune of $1.5 trillion over the next decade.
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Obama's 2012 Budget: Higher Taxes, Slower Growth

Maybe the 2013 budget?
President Obama's proposed 2013 budget contains a decade-long surge of tax hikes that, if approved, would affect everything from income to investment to inheritance.

The budget blueprint contains roughly $2 trillion in new taxes and fees. When other tax cuts and credits are counted, the net impact from the proposals is still about $1.5 trillion.
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Of course, the reason so many of the president's earlier tax proposals appear again in his fiscal year 2013 budget is because they have yet to be adopted by Congress.
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Proposed Obama budget includes surge in tax hikes | Fox News
Obama budget: Tax plans aim at rich - Feb. 12, 2012

Or the 2014 budget?

President Obama's 2014 budget includes tax proposals that would raise more than $800 billion over a decade. Those taking the biggest hit by far would be the very highest income households, but others down the income scale would have to pony up a little too.

In effect, the president's budget would violate his pledge not to raise taxes on those making less than $200,000.
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How Obama's tax hikes hit the rich and middle class - Apr. 23, 2013

Or maybe his 2015 budget?

The budget President Obama unveiled Tuesday would raise more than $1 trillion over 10 years
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Obama's budget eyes $1 trillion hike in tax revenue
 
Manc Skipper said:
Racing ahead? It must be Obama's fault
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"Racing ahead " ??? :lamo:lamo:lamo

What the hell is wrong with your people ???? What kind of "racing" are you referring too ??? Snail racing ??

President Obama's Recovery Is Now $1.3 Trillion Below Average - Investors.com

"The latest GDP report shows that President Obama's policies continue to weigh down the economy. Now 51 months old, his recovery is by far the weakest since the Great Depression."

How Bad Is Obama's Record On Jobs? Let Us Count The Ways - Investors.com

" December's disappointing job numbers came in below expectations, again dampening hopes for sustained economic growth. But the latest data just scratch the surface of Obama's dismal failure on jobs.

The number of jobs created in December was the lowest in three years, and while the official unemployment number dropped to 6.7%, that was almost entirely due to more than half a million people giving up looking for work.
Of course, a month of data doesn't mean much."

6.3 million: Net new jobs created since Obama's recovery started in June 2009
13.8 million: New jobs that would have been created had Obama's kept pace with the average of the previous 10 recoveries.

3.6%: Growth in private jobs since Obama took office.
43%: Growth in the number of temp jobs.

91.8 million: Number of people not in the labor force as of December.
525,000: Increase since November.
11.2 million: Increase since Obama took office.

6.7%: Jobless rate 54 months into Obama's recovery.
5.1%: Unemployment rate 54 months into George W. Bush's "jobless" recovery.

13.1%: Jobless rate in Dec. using a broader measure — U6 — which includes people marginally attached to labor force or working part time for economic reasons.
9.2%: Average U6 rate in Bush's eight years in office.

26%: Share of adults who say at least one household member is unemployed, based on IBD/TIPP Poll data.
10%: Share who say a household member had work hours cut because of ObamaCare

3.9 million: Number of people who've been jobless 27 weeks or more in December.
2.7 million: That number when Obama took office.

37 weeks: Average length of unemployment in Dec.
20 weeks: Average length when Obama took office.

58.6%: Current employment-to-population ratio.
61%: Ratio when Obama took office.
62%: Average employment-to-population ratio in the 30 years before Obama took office.

Really, what IS wrong with you people ?? Is it really a brainwashed sort of scenario ??? Your so twisted ideologically you can't be objective ??

Obama's Unemployment 'New Normal' Foretells A 'Lost Decade' - Forbes

" Since the economic recovery began 52 months ago, the “headline” U-3 unemployment rate has fallen from 9.5% to 6.7%. However, more than 100% of this decline was the result of 7.4 million potential workers fleeing the labor force. Adjusted to the labor force participation when George W. Bush left office, the unemployment rate has actually increased, from 9.7% to 10.9%, since the recovery began.

Here’s another way to look at it. During the past 8 years, America’s working-age population has gone up by 19.3 million, while the number of full-time-equivalent* (FTE) jobs has increased by only 0.4 million. Can you say, “lost decade?” "
 
You don't get it. For all that, the US recovery is outpacing the other major economies. Obviously his fault.
 
Manc Skipper said:
You don't get it. For all that, the US recovery is outpacing the other major economies. Obviously his fault.
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The United States is progressing, because The American people are strong enough to succeed, in spite of Obama's counter-productive agenda.
 
Five years ago, Obama is blamed for a loss of 740,000 jobs in March, since that happened on the 2nd month of his official watch.
Obama then absorbed 12 more months of "LOST" jobs, since they happened at the end of the Great Recession.
Now we've had 49 straight months of private-sector job growth, including this past March of 190,000.
That is a difference of +930,000 jobs over the same month five years ago, almost a million.

apdst said:
The United States is progressing,
because The American people are strong enough to succeed, in spite of Obama's counter-productive agenda.
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I know this makes you feel better about your Commander-in-Chief, as you are a Patriotic American .
 
NIMBY said:
Five years ago, Obama is blamed for a loss of 740,000 jobs in March, since that happened on the 2nd month of his official watch.
Obama then absorbed 12 more months of "LOST" jobs, since they happened at the end of the Great Recession.
Now we've had 49 straight months of private-sector job growth, including this past March of 190,000.
That is a difference of +930,000 jobs over the same month five years ago, almost a million.


I know this makes you feel better about your Commander-in-Chief, as you are a Patriotic American .
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None of it is a result of Obama's policies. Just imagine where we would be if he would stop trying to stifle job growth. We wouldn't have record high welfare dependecy and record low labor participation.
 
I agree with you that Obama is not responsible for those first 13 months of Job loss.
Who should we blame for 49 straight months of private-sector job growth?
Imagine GOP govs up in 2014 taking credit !
apdst said:
None of it is a result of Obama's policies. Just imagine where we would be if he would stop trying to stifle job growth. We wouldn't have record high welfare dependecy and record low labor participation.
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NIMBY said:
I agree with you that Obama is not responsible for those first 13 months of Job loss.
Who should we blame for 49 straight months of private-sector job growth?
Imagine GOP govs up in 2014 taking credit !
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No one, from either party, in the Federal government gets credit for any that job growth. A significant portion of that job growth cane about because of the oil and gas boom and Obama sure as hell didn't cause that.
 
I'm amazed by how many traitors there are, wanting to see this country fail just because it's not their party in the White House.
 
Sykes said:
I'm amazed by how many traitors there
are, wanting to see this country fail just because it's not their party in the White House.
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The Traitors are the people who ignore the continued sufering of millions of Americans because their party IS in the White House.

The Reality is people under this President have been introduced to chronic joblessness and dependence as poverty rates continue to rise and the middleclass continue to shrink.
 
Crovax said:
Which one of the hundreds of tax hike proposals would you like me to link?
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which ones were similar to the Japanese tax hike and which ones did the republicans stop? and not for nothing, I always thought lowering the deficit was the number 1 goal of republicans.
 
Fenton said:
The Traitors are the people who ignore the continued sufering of millions of Americans because their party IS in the White House.

The Reality is people under this President have been introduced to chronic joblessness and dependence as poverty rates continue to rise and the middleclass continue to shrink.
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er uh fenton, if you consider creating chronic joblessness a treasonous offence then you must think republicans are traitors for killing President Obama's job bill. yea, probably not.
 
Sykes said:
I'm amazed by how many traitors there are, wanting to see this country fail just because it's not their party in the White House.
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traitors really? glad to see the hyperbole still rains as a tool in the left wing agenda.

the only traitor is obama's lack of law enforcement. you know that oath he took to uphold the law of the land yet refuses to do so?
 
Vern said:
er uh fenton, if you consider creating chronic
joblessness a treasonous offence then you must think republicans are traitors for killing President Obama's job bill. yea, probably not.
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LOL !!

Which one ? The one where he wanted to raise taxs by 1 Trillion dollars in a sick Obama economy ?

There are 40 House jobs bills sitting in the Senate VERN waiting for a vote that will never come.

Since its apparant how destructive Lib policies are, why doesn't Obama just emulate the Conservative economic policies that have turned Texas into a economic power house ?

Imagine, quite a bit of the left wing nonsense you spew can be contradicted by the existence of ONE State controlled by the GOP and its economic record.
 
Fenton said:
LOL !!

Which one ? The one where he wanted to raise taxs by 1 Trillion dollars in a sick Obama economy ?

There are 40 House jobs bills sitting in the Senate VERN waiting for a vote that will never come.

Since its apparant how destructive Lib policies are, why doesn't Obama just emulate the Conservative economic policies that have turned Texas into a economic power house ?

Imagine, quite a bit of the left wing nonsense you spew can be contradicted by the existence of ONE State controlled by the GOP and its economic record.
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thanks for admitting republicans are treasonous liars.
 
Vern said:
thanks for admitting republicans are treasonous liars.
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Thanks for showing the Forum AGAIN, that you can't hold your own in a debate against a Conservative.

Thanks for showing the forum that when you're presented with factual data that contradicts your nonsense you run away into VERN land.

40 House Jobs bills that will never get a vote in the Democrat controlled Senate and a Texas economy thats kicking ass turns VERN into a blubbering partisan hack.
 
Fenton said:
Thanks for showing the Forum AGAIN, that you can't hold your own in a debate against a Conservative.

Thanks for showing the forum that when you're presented with factual data that contradicts your nonsense you run away into VERN land.

40 House Jobs bills that will never get a vote in the Democrat controlled Senate and a Texas economy thats kicking ass turns VERN into a blubbering partisan hack.
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wow 40 jobs bills. And texas is shining example to us all. the amazing things I 'learn' from fenton. anyhoo fenton, are you sure the house republicans are just stamping "jobs bill" on every bill they pass? so fenton, can you give us an example of one of these job bills with an estimate of how many jobs it would create?
 
apdst said:
The United States is progressing, because The American people are strong enough to succeed, in spite of Obama's counter-productive agenda.
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"Obama's" agenda isn't counter productive, but it is run of the mill and the sort of thing almost anyone would have done.
 
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Morality Games said:
"Obama's" agenda isn't counter productive, but it is run of the mill and the sort of thing almost anyone would have done.
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Shutting down an entire industrial segment IS counter-productive.
 
Yet another Vern-masturbating-to-Obama thread.

It's not getting old...it's already in the retirement home wishing people would visit it.

Obama sucks as POTUS and G.W. Bush sucked as POTUS.


Partisan politics is for political losers and it is slowly destroying America.
 
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