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FORUM / MIKES GRIPES /  Jobless claims fall to lowest since 1969

Jobless claims fall to lowest since 1969

Started by Mozart13 REPLIES1,053 VIEWS· 13 Sept 2018, 14:46
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MO
MozartCaptain49,914 posts
13 Sept 2018, 14:46
#1
13 Sept 2018, 14:46#1
Well done the Trump team!
CE
CeradynePro9,374 posts
13 Sept 2018, 14:58
#2
13 Sept 2018, 14:58#2
Kaaaaak man. It is thanks to all the hard work of the Obama administration. ??
KK
Koos KombuisClub Pro409 posts
13 Sept 2018, 15:38
#3
13 Sept 2018, 15:38#3
Many a true word spoken in jest, Ceradyne.
Here's the 10 year graph:


You should know the drill by now. It's the same as every other economic graph that you Trumpanzees use to try and show that Bozo is not a complete idiot. 
Just plot Barack Obama's date of inception on the graph above (2009 in case you didn't know) and then apply your brain. Shouldn't be too hard to see who turned things around from the disastrous Dubya administration and set things going in the right direction. A direction that Bozo has miraculously managed to maintain for a surprisingly long time but which will head off the wrong way again as the effects of his short-sighted trade war become apparent.
I'll be sure to put the same graph up in a few months time and then we can all have a laugh. Meantime, you can marvel at the difference Obama made. Hint: It's the period from 2009 - 2017.
Thanks for confirming what most intelligent people already knew about the economic miracle that Obama performed and Bozo is now trying to take credit for. The numbers are there for all to see. All you have to do is correlate them with the dates. Let me know if you need some help with that (check out my hint above).  
KK
Koos KombuisClub Pro409 posts
13 Sept 2018, 16:08
#4
13 Sept 2018, 16:08#4
Yet another stunned silence from the Trumpanzees as the facts sink in and they realise that all their flag-waving and chest-beating was just another premature ejaculation.
Hahahahahahahahahahahahaha!
I wonder if any of the Trumpanzees will ever answer my question on Bozo's refusal to revela his tax returns?
BE
Beeno1Captain40,032 posts
13 Sept 2018, 17:30
#5
13 Sept 2018, 17:30#5

All the trends move up once Trump got into office. Once again you didn't bother to look you overweening jackass. You have made a laughing stock of yourself rooitwit. That economist showed trendlines heading south and then turning north .

Take you empty head out of the sand you absurd creature! Bwahhaahahahahahahahaha


KK
Koos KombuisClub Pro409 posts
13 Sept 2018, 17:34
#6
13 Sept 2018, 17:34#6
Yes, most of us can see the trend moving from south to north but only the thunderously stupid can't work out when that trend changed direction and who was in office when it happened.
CE
CeradynePro9,374 posts
13 Sept 2018, 18:41
#7
13 Sept 2018, 18:41#7
“Posted by: Koos Kombuis (315 posts) Sep 13, 2018, 16:08 Yet another stunned silence from the Trumpanzees as the facts sink in and they realise that all their flag-waving and chest-beating was just another premature ejaculation.” Did you really think that reading and responding to your posts are the pinnacle of my existence? In any case. The assertion was that a victory for Trump was gong to send the US economy into a nose dive and would result in all kinds af shyte like wide scale unemployment, and a calamitous crash of the economy and even WWIII was predicted.
KK
Koos KombuisClub Pro409 posts
13 Sept 2018, 21:44
#8
13 Sept 2018, 21:44#8
Calm down Ceradyne. A simple "I didn't really look at the full statistics but just chose to look at the recent numbers that suited my argument" is all you had to say. No need for hysterical World War III shrieking.
I was actually going to compliment you on defending your hero without bringing in Hillary or Obama for once, but you had to go get all melodramatic again.
It's bad enough that you Trumpanzees always get it wrong but you always have to get it so passionately wrong!
Don't worry, I'm sure you and the other Trumpanzees will do a lot better in these debates when Dumbo Pence replaces Bozo. Chin up. There's still hope for your beloved Republicans . . . just not while Bozo is calling the shots.
BE
Beeno1Captain40,032 posts
13 Sept 2018, 23:34
#9
13 Sept 2018, 23:34#9


MO
MozartCaptain49,914 posts
14 Sept 2018, 00:13
#10
14 Sept 2018, 00:13#10
Actually there were two key programmes Tarp....started under the Bush administration ....and quantitative easing by the Fed. The Obama administration were constructive until they raised taxes for idealogical reasons in 2012, effectively stalling the recovery for 4 years. Trump by streamlining approvals, supporting business in general and introducing new large tax cuts reignited the economy, accelerating the growth rate. As in foreign affairs the Obama administration was content to do little except pick off a few idealogical issues dear to the base. In the process the US had the slowest recovery from the deepest recession, which logically should have grown at a rate that reflected the rapidity of the plunge. Watching the Obama administration acting as if they helped business now that elections are nearing and Trump has a strong suit in the improvement of the economy....is a bit rich.
BR
BrycyPro4,671 posts
14 Sept 2018, 00:58
#11
14 Sept 2018, 00:58#11

..,andTrump's stats also look much better than Obama's stats in this post truth world..

Obama cut the deficit in HALF....$1.4 Trillion in 2008 to $0.5 Trillion in 2016 Trump has DOUBLED the deficit.....$0.5 Trillion in 2016 to $1.1 Trillion in 2018

Obama averaged 33% Stock Market growth Trump is averaging 19% Stock Market growth

MO
MozartCaptain49,914 posts
14 Sept 2018, 02:52
#12
14 Sept 2018, 02:52#12
No Bricey.....horse shyte. Obama averaged 16.25%, Trump has averaged 15.38% Stock Market growth. I'm not sure what your source is, probably one of your left wing bleeding heart groups. But here's the thing Obama started at the lowest point in the market cycle when growth is at it's most rapid.....Trump is dealing with a cycle which is very mature. Any professional will tell you that Trump's 15.35% is much more unusual than 16.25% from the bottom of the cycle, granted it's over 8 years. As for the deficit, again there is a cyclical story. The Great Recession was so massive, the deficit blew out because of the required stimulus. So Bush in 2007 had a deficit of $ 161 billion....Obama in 2009 had a deficit of $1.4 trillion. Almost 9 times as much. From that artificially high point he dropped the deficit to $ 587 billion, only 3.6 times Bush in 2007. All of these deficit fluctuations were driven by massive shifts, Obama shouldn't get blamed or credited for any of this.
BR
BrycyPro4,671 posts
14 Sept 2018, 08:27
#13
14 Sept 2018, 08:27#13

Well my apologies if the figures are inaccurate...Fox News is the source of those but if they a printing horseshyte i'll take yr word for it...If you read The Art of the Deal President Paper Towels would call it " truthful hyperbole. It's an innocent form of exaggeration - and a very effective form of promotion".

KK
Koos KombuisClub Pro409 posts
14 Sept 2018, 08:50
#14
14 Sept 2018, 08:50#14
"Fox News is the source of those but if they a printing horseshyte i'll take yr word for it"
Hahahahahahahahahahahahahahahahahaha!
Fox News dishing out Fake News again? Who would have guessed?
All the graphs, indicators and figures tell the same story whether it's employment, GDP, stocks or anything else regarding the US economy . . . that Obama inherited an economic disaster from Dubya, he turned it around and now Bozo is trying to take the credit for that turnaround.
President Paper Towels should stay far away from any decisions regarding the economy and stick to what it is that he does best . . . which would appear  to be lying through his teeth, pretending people didn't die in Puerto Rico and doing celebratory fist pumps at 9/11 memorials.
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