>muh labor rate
>muh 94 gorillion labor force
>muh part time
All the same lies and bullshit from you Trumptards. Why do you hate America so much?
>>81353581
https://fred.stlouisfed.org/
What is U6?
>>81353581
welcome reddit
>leaf
Instant sage
>>81353838
It's cut in half under Obama.
Next question.
>>81354411
it was still lower under Bush.
first Clinton term it was higher
>>81354745
>it was still lower under Bush.
No. You can see what Bush left behind at the beginning of the chart.
>first Clinton term it was higher
You mean when he inherited a recession from the Republicans?
How about 2nd term Clinton? Lowest of all time? That's what I thought bitch.
The only reason you elect Republicans is because you want the US economy to crash.
>>81354998
the 2008 crash is caused by Bill Clinton.
NAFTA, China trade status, finance deregulation, creating a bigger sub prime mortgage market
>>81355277
LOL!!!!!!
BUSH DINDU NUFFIN
You're worse than the blacks I swear to kek.
Holy fuck you're retarded.
Listen and weep you retard.
George Bush: we want everybody in America to own their own home. That's what we want.
https://www.youtube.com/watch?v=GkAtUq0OJ68&nohtml5=False
Republicans are a disaster for the economy. That's why you love them.
>>81353581
>be me
>see this thread in catalog
>think "I bet it's that Canadian faggot again"
>be right
>feels good
>>81354745
It was lower when Bush inherited it. Just as it was higher when Clinton inherited it. All economic changes take at least 5 years to fully show.
>>81355277
Disagree. While part of the problem was poor regulation by his cabinet (which is something Reps. can't throw in our face since less regulation is what you want) the banks were just as much to blame for handing out loans to anybody with some paystubs.
>>81355592
feels good too senpai
>>81353581
>canada thinks the legacy of obama will be economic
the worlds a fucking disaster and you quote countrywide job growth statistics as if many states enjoying growth aren't run by republicans
>>81355878
>the worlds a fucking disaster
typical right wing retards. Always more care more for Syria and Turkey than their own country.
>>81355878
>the world is a disaster because of Obama
It's not his fault sandniggers are being so uppity.
>>81355754
>Increased National debt to 19 trillion
>>81355981
Hey Anon! Welcome to /pol/.
Please enjoy your stay.
>>81356018
I swear these retards are the biggest globalists out there. They want the US involved in every 3rd world shithole.
>>81353581
A Canadian shilling for Obama. Am I in hell?
>>81356157
reduced the budget deficit by 75%.
>>81355528
Clinton made new banking regulations that forced them to give out bad loans or they couldn't even put in new ATMs.
Bush just continued it because he was "compassionate conservative". Plus the housing market bubble is a great way to create Hole Digging Jobs.
>>81356320
Now try a budget deficit before the Iraq war.
>>81356320
Excellent, now let's get someone in who can do better and not rainbow the White House.
Checkmate faggot.
>>81356221
http://archive.4plebs.org/pol/search/image/LDcwbQaMhS8F0Jte_RmEPQ/
He does this all the time.
>>81356166
Lol. You're obviously not familiar with my work.
>>81356569
sure thing bubba
This was the plan till Republicans took charge.
>>81356657
Actually I haven't been around for a while.
https://www.youtube.com/watch?v=PirVtiJuvDs
>>81356767
reminder that in our government, presidents have no power over budget, tax, or spending.
the 90s deficit plan was all Newt "moonbase" Gingrich.
>>81356157
It's been increasing for a long time. He slowed it down but it's still increasing. Hopefully Trump can reverse it.
I'm not a big Obama fan, but to call him the worst thing ever is just retarded. He did better than Bush easily.
I put him on an "okay scale". He made things moderately better from a huge fuck up, but anybody can really.
>>81356927
>presidents have no power over budget
>being this fucking retarded
>the 90s deficit plan was all Newt "moonbase" Gingrich.
Actually it was the 1993 Omnibus Budget that Newt predicted would cause a Clinton Recession.
Fuck you morons are retards.
https://en.wikipedia.org/wiki/Omnibus_Budget_Reconciliation_Act_of_1993
Previously the top individual tax rate of 31% applied to all income over $51,900. The Act created a new bracket of 36% for income above $115,000, and 39.6% for income above $250,000.[2]
Previously, corporate income above $335,000 was taxed at 34%. The Act created new brackets of 35% for income from $10 million to $15 million, 38% for income from $15 million to $18.33 million, and 35% for income above $18.33 million.[3]
The 2.9% Medicare tax had previously been capped to apply to only the first $135,000 of income. The cap was removed.
Transportation fuels taxes were raised by 4.3 cents per gallon.
The portion of Social Security benefits subject to income taxes was raised from 50% to 85%.[4]
The phaseout of the personal exemption and the limit on itemized deductions were permanently extended.
The AMT tax rate was increased from 24% to tiered rates of 26% and 28%.[5]
Part IV Section 14131: Expansion of the Earned Income Tax Credit and added inflation adjustments.
FLASHBACK: In 1993, GOP Warned That Clinton’s Tax Plan Would ‘Kill Jobs,’ ‘Kill The Current Recovery’
http://thinkprogress.org/economy/2010/08/10/173450/1993-quotes/
>>81356320
Yeah after he tripled it.
Smack
>Smack
Smack
>Smack
Smack
>Smack
Smack
>Smack
Smack
>Smack
Smack
>Smack
Smack
>Smack
Smack
>Smack
Smack
>Smack
Smack
>Smack
>>81355981
We do. But at least we're honest and want to help fix the mess and not loaf about receiving nobel peace prizes for doing jack shit like dumbass red lines, pivots, and resets.
>>81356985
Obama is actually the slowest spender since at least Eisenhower.
>>81356846
>>81328199
A few hours ago isn't a lot of time.
>>81356678
Keep squirming friend. I'll see you in six months and we'll see just how "normal" you still are.
>>81356605
SUUUURE
>>81356985
He still should have reduced it.
>>81356985
national debt doubled with a Democrat President, House, and Senate.
To bail out Wall Street elites.
Romney made a killing because of the bail outs. A $800,000 investment in a fund that bought Delphi. Turned into $16,000,000 after the bail out, sending all the jobs overseas, and then going IPO.
Tesla, SpaceX, and Solar City are the only good things about the money Obama pissed away.
>>81357176
He inherited a $1.4 TRILLION budget deficit from Bush.
Are you a fucking right wing retard?
You have no fucking clue how the US budget process works do you?
Fuck even the right wing CATO institute is on my side.
Don’t Blame Obama for Bush’s 2009 Deficit
http://www.cato.org/blog/dont-blame-obama-bushs-2009-deficit
Fucking clueless retards man
>>81353581
Does that measure of jobs make a distinction in positions that are like 10 hr/week and pay minimum wage and those full time and much more lucrative?
>>81357214
You want the US to bankrupt itself getting involved in ground wars in the Middle East.
Just fuck off already.
>>81357394
k
>>81356435
Seal fucker has no response for this because he is a weak bait faggot that's now busy making maple syrup snow sticks to eat.
>>81357574
95% Obama job creation full time is the answer to your question.
>>81357588
ahaha retard whenever did I say that? You're fuckin' stupid. Using diplomacy backed with military credibility doesn't mean bombing iran like a fucking dope. Make a decent strawman and stick it up your ass next time.
>>81357457
>tesla
>SpaceX
>SolarCity
>GOOD
That means Elon Musk the freak got rich.
>>81357484
I'm fine with the deficits as long as he doesn't increase the debt dumbfuck.
>>81357688
You faggots do this every time. I BTFO 100 right wing retards at once and you'll pick out the 1 right wing retard comment that I missed.
>>81356435
>Clinton made new banking regulations that forced them to give out bad loans or they couldn't even put in new ATMs.
Based Bill Clinton left Bush one of the best economies in American history. 3.9% unemployment, a thriving economy, a $315 BILLION annual budget surplus, the national debt set to be paid off within 10 years, the highest labor participation rate in American history, and no wars.
All you right wing retards are saying is that no matter how good of an economy a Democrat leaves to Republicans, Republicans will ALWAYS fuck it up.
https://www.youtube.com/watch?v=QKv-dXHhtMs
>>81357443
Should have could have. Nobody is perfect.
>>81357457
It didn't double. It was at 10 trillion when Obama took office, now it's at 16 trillion. The majority of that happened during his first term which is a rollover from Bush's second term.
>>81357850
I honestly don't give a shit about Syria or Turkey. I know you love those countries and are always worried about them. I care a lot more about the fact that the US is on top of the world right now. THANKS OBAMA
>>81358127
Why didn't he reduce the debt if he wasn't evil?
I love BTFOING leftists!
>>81358044
Idiot Bill Clinton RAISED THE DEBT
>>81357913
>I'm fine with the deficits as long as he doesn't increase the debt dumbfuck.
>>81357792
everything you say is null and void.
>muh job creation
yeah, for every 10,000 ditch diggers he got employed, 500 engineers had to lose their job you thick fuck. stick to canadian politics. your pm was literally a camp counselor and part time drama teacher
>>81357850
It's cheaper to bomb than it is to deploy troops.
>>81357677
>Somebody took the time to make this
They're so desperate.
>>81358246
lol surplus truthers
IN CURRENT YEAR
>>81358246
Why don't you solve world hunger if you aren't evil?
>>81358264
>yeah, for every 10,000 ditch diggers he got employed, 500 engineers had to lose their job you thick fuck.
source?
>>81358311
>desperate
>>81358156
I know obama supporters don't give a shit about the world (unless it suits them at the moment), that's why they are hated for being massive condescending douchenozzles.
>>81358377
Fucking idiot do you see the debt go down in the 90s? All he did was borrow from social security and label that as revenue.
>>81358264
Obama's debt is mostly inheritance from Bush. Bush quadrupled the debt.
>>81358388
Because that's impossible for me. Bringing down the debt is so easy for a President
>>81358593
I know I count on Trump helping China, Mexico and Israel a lot more than the USA
>>81358683
Of course, all he has to do is print more money XD
>>81358607
yeah after gingrich stopped clinton from passing higher spending bills
http://www.cato.org/publications/commentary/no-bill-clinton-didnt-balance-budget
>>81358377
>Not remembering the early 90s recession
>>>/trash/
>>81358471
>share of new jobs paying above average US wage since 2014.
>Barely hovering under 60% after 2 years of inflation.
Nice newspeak stats Obongo
>>81358526
>General down trend for hillary.
>No particular up or down trend for trump.
Prove me wrong.
Pro tip: you can't.
Fucking shilling leaves.
>>81358607
You really have no fucking clue what a budget surplus is do you?
Nor for 1 second do I expect you to understand the complex relationship between the Social Security Trust Fund and the public debt.
But even if we remove Social Security from the equation, there was a surplus of $1.9 billion in fiscal 1999 and $86.4 billion in fiscal 2000. So any way you count it, the federal budget was balanced and the deficit was erased, if only for a while.
http://www.factcheck.org/2008/02/the-budget-and-deficit-under-clinton/
You right wing retards with your idiotic memes are fucking embarrassing.
>>81358987
Oh I remember all the Republican Recessions.
Trump called it a DEPRESSION.
https://www.youtube.com/watch?v=Rksd80-FCAw&feature=youtu.be&t=191
>>81359170
Then why the fuck did the debt go up stupid? Dam you left-wing nuts are retarded
>>81359042
>admits Hillary is winning
K. My work here is done.
>>81358848
>helping people who want to cripple you
Yeah because China is super nice to the US and the world. Did you see their reaction to the Hague decision? Civilized.
>>81358127
So Onsma dindu nuffin and it was Bush fault when he inherited recession but it is Bush's fault when he inherited Clinton's recession at the end of business cycle?
>>81359320
Do you have any knowledge what debt is?
Do you own any credit cards? If you get a raise at your job, you will make more money. Assuming you don't increase your spending, you will have a surplus of funds now. That doesn't change what your debt is. You can leave your debt completely untouched and it will still go up as it accrues interest.
>>81359320
>Then why the fuck did the debt go up stupid?
READ YOU FUCKING MORON.
http://www.davemanuel.com/2012/09/06/why-did-the-national-debt-go-up-during-the-clinton-surplus-years/
WHAT DID I FUCKING SAY?
>Nor for 1 second do I expect you to understand the complex relationship between the Social Security Trust Fund and the public debt.
>>81358607
>America accrues more debt
>Wealthy elite get richer
Correlation or coincidence?
>>81353581
>>81359435
Like I said. I'm glad you agree with me that Trump will help Israel, China and Mexico more than the USA.
>>81359582
You fucking idiot, you're so fucking stupid. I can't believe this. When a government has a surplus and or deficit it doesn't just keep that money in jar. It uses it to pay off the debt. You're actually so dumb.
>>81359405
I said hillary is decreasing in popularity whilst trump's somewhat buoyant. So its obvious at some point those lines will cross. Do you even math brah?
>>81359567
Bush didn't inherit a recession. He inherited a boom.
There's two ways really around this.
>Clinton isn't responsible for the boom, the .com boom is.
>Bush isn't responsible for the debt, because he Al Qaeda
>>81359596
You're too fucking stupid. I'm sorry you're too fucking stupid.
>>81359567
>Bush's fault when he inherited Clinton's recession
Lol. There was no Clinton recession.
Jesus christ you fuckers really are retards.
Btw you do know that Bush crashed the economy in the worst way since the Republican Great Depression.
You do know that right?
>>81359829
This image triggers the leaf
A fucking negro born from a white bitch an a keniata shit negro.
He just needs to be dead from default to make God and evolution happy.
>>81359641
there it is
https://www.youtube.com/watch?v=PirVtiJuvDs
Miss me?
>>81359829
More triggering for the leaf
>>81359170
Show me a graph from us treasury where the debt goes down. It hasn't gone down since 1950's. I'm waiting.
>>81359718
A BUDGET SURPLUS IS WHEN REVENUES EXCEED EXPENDITURES. THAT'S EXACTLY WHAT HAPPENED UNDER CLINTON YOU FUCKING RETARD.
>>81355277
Its well known the cause was the repeal of the Glass-Steagall act in 1999, which drove the market in asset-backed securities and derivatives which culminated in the 2008 housing crisis.
What is more shocking, generally, than your ignorance is Generation Nothing's silent acceptance of a society where you have to go into debt for 20-30 years just to have a dignified place to live. Housing has become a storehouse for assets, assets largely created during the 1999-2008 buildup of derivative profits.
We are in a recovery because the TARP didn't change anything. We shoveled massive amounts of digital capital into the economy and it went straight into boosting asset prices.
So your generation is now facing 20-40 years of debt for a pile of sticks, basically. At this rate of increase your children's generation will have life-long mortgages.
Its not going to happen. This economy will crash and take asset values back to where they are reasonable. I hate to say it, everybody is going to be broke in the future. Currencies as we know them will be worthless. An overpopulated continent with a destabilized climate and millions of refugees pouring in.
You know what your parents and their generations were thinking? Absolutely nothing.
Fucking idiotic to debate which party is responsible. They both are, look around you. Your neighbors, this economy is their piggy bank. They hope you get enslaved into the debt system so they can continue to reap a dividend.
It's true. Democrats are pretty great. If they weren't so homicidal and feverishly wanted to wipe my race off the planet I'd go back to voting blue.
>>81359910
You're giving Republicans credit for the 42% unemployment rate?
LOL AAHAHAa
>>81359679
I don't agree with trump on his ties or Israel. Trump still pointed out that he'd be willing to discuss with palestinians while being told the palestinians are terrorists and unreasonable.
>>81359978
>renew Republican policy matter as its effect are felt and claim to be making a difference
High time preference mongrels. That's all Libshits are.
>>81359718
Really? Or would it invest money in other things, such as putting money back into social security funds?
You obviously don't understand some debt is good and think anytime you make extra money you should immediately put it in your bank account.
Protip:
The last thing you'd want to do if you got an extra 100 billion this year is put it in a fucking bank.
>>81356199
As the leafs export dirty oil to burn in China's factories to make worthless consumer trash...
They forget that what they are becoming is just a version of Venezuela without nice weather.
>>81359966
>still doesn't know what a budget surplus is.
Holy fuck even the Republicans don't deny that Clinton had a surplus.
You fuckers really are conspiracy lunatics.
>>81360119
kek
>>81359435
sure buddy
>>81360270
Get some free time? Shilling for Obama's economic policy, while our relationship with Turkey deteriorates?
>>81360230
>As the leafs export dirty oil
Harper's genius plan. Really worked out well.
>>81360270
You're literally a lunatic! A freak, a trash, I would suggest a therapist.
I want leaf posters permabanned.
I genuinely want OP to be murdered.
>>81360360
>I get paid $7/hour for this!
>you guys are losers!
>>81360270
Like I said show me the graph where national debt is reduced. Clinton didn't reduce shit. Last president to reduce debt was Eisenhower. Still waiting.
>>81359910
>>81359947
>Claims for 7 years that Obama is destroying the economy
>suddenly claims the Republicans gave us a good economy
MUH OBAMA ECONOMY
I forgot about your ASSBURGERS
Remind that the US government LITERALLY believes full employment is 4.8 percent BY their flawed metrics. The US government will actively work to PREVENT unemployment going below where it is now.
>>81360719
LOL look at that nigger.
>>81360419
>while our relationship with Turkey deteriorates?
LOL. Cause their own president can't control his military?
You fuckers are pathetic.
>>81360419
>>81360737
I don't believe 4.8% is full employment and I'm from the NSA
>>81357792
Obama changed full time from 40 to 30 hours.
>>81360897
in my defense, those are taken over many months.
>>81360419
>>81361071
LOL AHAHA NO HE DIDN'T. It's been 35 hours for DECADES. Holy shit you right wing retards fall for every lunatic conspiracy theory.
You fuckers really are this stupid aren't you?
PLEASE SHOW ME 1 FACTUAL SOURCE WHERE OBAMA CHANGED THE BLS DEFINITION. I'LL WAIT.
HINT: NOT OBAMACARE
>>81359910
Looks to me like the democrats fix shit and then get voted out of office, only for Repubs to take credit.
Remember, things don't happen immediately in the economy. It takes time for things to take effect. The downslope is dems fixing shit, and then it turns around and starts to go up, and then repubs "fix shit", by making the highs much, much, MUCH higher. Which isn't good. Encouraging instability by forcing prosperity when the market should be correcting is a bad idea. It's one that unfortunately Obama engages in with the Fed, but that's because Republicans call for it, and require him to be perfect on jobs or they'd impeach him.
Artificially inflating an economy during times when things should make minor corrections is what causes those huge market failures. Those are what's caused by Republicans.
They're the party of the get-rich-quick scheme
>>81360844
stfu you're pathetic.
>it's an retarded Canadian ignores the manipulation of data to pretend the US is fine thread.
>>81361269
You mean putting Republicans who hate government, into government is a bad idea?
>>81353581
After big recessions strong recoveries are normal. It's not down to the economic genius of Obama. Same thing happened with Hitler after the great depression in Germany. The only thing Obama can take credit for is a failed Obamacare which raises structural unemployment for decades to come, a bloated government debt, and a federal reserve which has increased the money supply manifold. All these are unsustainable and will blow up soon. The pathetic GDP growth number is telling. After a great recession like we had it should be about 5% but it's 1 or 0 under Obama. Source: trained economist.
>>81361365
>It's Obama's fault that Turkey's military tried to overthrow Erdogan
>>81360270
Still waiting. I asked for data from the US Treasury (the data from government itself) showing ANY year in which the national debt has gone down not a shitty wiki article. Show me where in the last 60 years the national debt has been reduced. I'm waiting.
>>81360365
whatever asshole
>>81361523
BUT DUDE GRAPHS
STUPID RIGHT WINGER
Not an argument fucking leaf :^)
>>81355738
>poor regulation is good because poor = less
You can't be serious.
>>81361440
>living in a country so pathetic that you have to argue about another country's politics
Shoo shoo
>>81361299
I've repeatedly stated I have fun BTFO right wing retards.
43 posts by this ID, in just under an hour.
>>81361615
>still doesn't know what a budget surplus is.
>basically admitting he's a retard
>has no clue how the SS trust fund works
>>81361822
Technically, talking about the U.S.'s economy IS his country's politics. They're our biggest trading partner, and Canada relies on us for almost all of their exports.
Their economy IS our economy.
>>81361850
capped
>>81361763
By poor regulation I meant less regulation. I thought this would be obvious. I didn't mean poor regulations in the regulations were all there but were bad.
>>81362017
>>81361822
Our economy is shit I don't deny it.
I'm trying to move to the US because the Obama economy is so good.
>>81361523
What you have to realize is that economic policies have a long lag effect. Moreover, Obama should have used fiscal policies to deal with the recession (like lowering taxes) but instead it was down to the fed to use monetary policies which can be very dangerous. You'll see in the coming years the problems related to the 0 fed rate, bad investments and excess money supply.
>>81361967
So are you going to provide a source that I'm asking for or not? If not, then I win and you have been BTFO since Clinton never reduced national debt nor did any president in the lady 60 years.
>>81361967
And you don't seem to understand what debt is. Or maybe you're just having trouble finding a graph to fit your narrative.
>>81361589
Nigs fuck everything up
>>81362438
You not understanding what a budget surplus is means you win?
>>81362620
No, you not providing an objective source showing where national debt has gone down in the last 60 years means that I win.
>>81362272
>economy is so good
Its really not. Both parties have been systematically redistributing the wealth of the middle class to their wealthy donors for 30 years. The "recovery" looks good on paper, but the jobs that have been created are much lower paying than the ones that we lost. Similarly, the government policies seem to be aimed at increasing stock prices, not actual recovery.
>>81362584
Except I never claimed that Bill Clinton paid off the national debt.
I live in the factual real world where he had 4 budget surpluses. Even Republicans do not deny this.
http://www.factcheck.org/2008/02/the-budget-and-deficit-under-clinton/
https://www.gpo.gov/fdsys/pkg/BUDGET-2001-BUD/pdf/BUDGET-2001-BUD.pdf
>>81353581
The main point to cut through your's and Barry's bullshit is the slooooow rate of GDP growth, which is a major example of employed Americans either underemployment, or those overeducated for the jobs many were forced to take.
>>81362620
Budget surpluses means the debt goes down IDIOT
Not to mention Clinton signed Nafta DESTROYING the U.S economy.
>>81353581
Do you really think that a guy who studied political science and his only achievement in his career was to get gibmedats for his negroes was so brilliant at steering the economy? What is the guy good at, being hip in talk shows and dropping the mic like a negro rapper? The only advisors he got were the ones that agreed to his shit liberal policies. The only thing Obamacare achieved was to make it harder for companies to hire people and raise rates for people who were not leeches. No value was created.
>>81353581
Alright Canuck, let's play your game. Let's say everything you claim is true, that Obama really has brought jobs back to the economy and none of the objections the Republicans offer are correct.
This would mean more people are taking jobs and the labor force has recovered and captures a healthy slice of the population. However, given those two things are true, there is an even more sinister conclusion for the Obama administration, because of a statistic which indicates that:
AVERAGE INCOME OF AMERICAN HOUSEHOLDS HAS DECREASED.
So let's connect the dots. People are taking jobs, they are not looking for job mobility, but they are being paid less because they are taking lower-level jobs. This means that the Obama administration has reduced the prospects of America to the point where people are content taking jobs that earn less than they did before. Obama has left America in a condition where it has permanently devolved, and people expect less prosperity given their skills. This of course is made more severe by the aggressive spending conducted by the Obama Administration and the continued inflation of the dollar.
So really Canada, you should be praying that "Trumptards" focus on only these facts. If they take into account average household income, their ammunition becomes much more deadly.
>>81363059
CATO institute the source you quoted earlier SAYS YOU ARE WRONG
http://www.cato.org/publications/commentary/no-bill-clinton-didnt-balance-budget
>>81353581
You're still posting this shit? You realize it's not clever, right?
>>81362620
A budget surplus was a gimmick. The federal government still "borrows" hundreds of billions a year from the Social Security fund. In addition to the national debt, the federal government owes more than 20 trillion to the Social Security fund.
>>81362876
>he's still admitting that he doesn't know what a budget surplus is
Read all of this and educate yourself.
You're clearly a right wing retard who falls for retard memes.
http://www.factcheck.org/2008/02/the-budget-and-deficit-under-clinton/
https://www.gpo.gov/fdsys/pkg/BUDGET-2001-BUD/pdf/BUDGET-2001-BUD.pdf
Trump would literally create more jobs than obongo in his first month by deporting all the mexicans.
>>81353581
Fun fact, if you look at news reports prior to the 1920 and the 2008 crash the President has given a press conference in which he talks about how well the economy is doing (and usually better than others) then very shortly afterwards the crash happens
Hold onto your hats boys
>canada
>calling trump supporters retarded
>claim they hate america
Don't talk about shit you don't know.
>>81363208
or actually it's because the US has the lowest population growth in 80 years.
You want to import more immigrants just to raise GDP.
Typical right wing retard. You want to be just like Sweden don't you.
>>81363475
IDIOT
http://www.cato.org/publications/commentary/no-bill-clinton-didnt-balance-budget
>>81363625
Fucking idiot! GDP growth is a bad thing because although you have more wealth there is MORE PEOPLE consuming that wealth.
>>81363260
>Budget surpluses means the debt goes down IDIOT
That's not what a budget surplus is.
Please go kill yourself. You literally are mentally handicapped.
Can you fucking retards please educate yourself about the SS trust fund.
http://www.factcheck.org/2008/02/the-budget-and-deficit-under-clinton/
https://www.gpo.gov/fdsys/pkg/BUDGET-2001-BUD/pdf/BUDGET-2001-BUD.pdf
>>81363344
>AVERAGE INCOME OF AMERICAN HOUSEHOLDS HAS DECREASED.
wew lad
>>81361967
no one in this fucking thread understands what debt is.
>>81363475
And you're still admitting that you have no credible source to back up uiur BS. One more time. Show me US Treadury graph where the debt has decreased in any year since 1950's. Otherwise, admit that you're a lying Canuck and apologize to everyone in this thread.
>>81363415
>the federal government owes more than 20 trillion to the Social Security fund.
Lol no it doesn't. That's more than the entire US national debt.
Fuck you right wing retards are beyond stupid.
>>81363625
>Implying righties want more immigrants
This is just bait now.
>>81363700
>>81363826
you've completely lost it in this thread.
>>81363920
???
>>81363835
So are you admitting that Clinton has not reduced the debt then?
>>81363956
I do. I can also discuss the debt and deficit at the same time which these retards can't handle.
These retards are too stupid to understand that even tho Obama is the slowest spender since Eisenhower, even tho he reduced the budget deficit by 75%, the national debt still went up because the last Republican President left him a $1.4 TRILLION deficit and an economy on the brink of complete collapse.
>>81363920
(also hourly earnings =/= income)
>>81353581
Explain why the 55+ crowd is the only group to increase its labor force participation rate since 2000, with all other age groups having shown a decline. That is not a sign of a healthy economy, but I expect that you'll resort to adhominems since you're not going to have a good logical answer.
Oh, and saged.
Wow never seen a leaf be this fucking aggressive.
>>81364023
A budget surplus is when revenues exceed expenditures. You deny this happened?
>>81363260
>destroyed the u.s economy
muh manufacturing
Gee, that sure is a lot of effort to convince ppl a 2 party system is valid, or even; that their vote would matter in the first place.
56 now.
>>81364141
So accept that when you have the lowest population growth in 80 years, you're going to have lower GDP growth.
Fucking right wing retards man.. holy shit.
>>81364647
Who is Newt Gingrich holding government hostage until he got a balanced budget?
What is the dot com bubble?
>>81364272
Nearly 3% wage growth this year.
I'm not denying that when Republicans are in charge, they crash the economy.
>>81364604
Yes, we have.
>>81364647
I can't find those figures on that website.
>>81364733
Choose your god damn side.It's either that or bait.
>>81364580
Are you fucking serious? Because of higher high school graduation rates and more post-secondary education.
You seriously didn't know that?
I don't deny it takes more education nowadays to get a good job. That's why you right wing retards are FUCKED.
>>81364777
LOL. Newt was kicked out by the Republicans in 1998. Fail some more tho.
FLASHBACK: In 1993, GOP Warned That Clinton’s Tax Plan Would ‘Kill Jobs,’ ‘Kill The Current Recovery’
http://thinkprogress.org/economy/2010/08/10/173450/1993-quotes/
https://en.wikipedia.org/wiki/Omnibus_Budget_Reconciliation_Act_of_1993
>>81364647
While it did happen, it's more related to the tech boom than it is to Clinton's policies. Just as the record debt under the Obama administration is a result of the 2008 recession halting economic growth more than it is his spending policies.
>>81364857
Since 2010 they have been abysmal, which secures my current point.
Oh, so now Obama has nothing to do with it, right? Either give Obama agency over the economy or don't, but it is logically devoid to only credit the economy to Obama when there is positive news.
Janet Yellen controls the economy, not the President and not the legislation. If she wanted to she could turn Obama into Hoover.
>>81353581
I don't see any arguments here Mohammad.
>>81365218
Did you see the 2001 recession? They were right. Also Congress has power of the purse and they actually forced a balanced budget onto the government.
>>81364965
Call the CBO. They'll confirm them.
>>81365085
You just proved that you're a dumbass. ALL age groups other than 55+, not just post high school graduates. You have failed to explain it adequately and you fucking know it. May KEK devour your fucking soul, you useless fucking scrotum weasel.
>>81365243
oh god pls not the muh dot com meme again.
>>81364193
You've lost it.
Calm down, I meant 2 trillion. The year there was a "surplus" the Treasury borrowed 200 billion from Social Security that doesn't count towards expenditures. We almost broke even, that's it. The House writes the budget with help from the Congressional Budget Office.
The President's "submission" of the budget is largely symbolic. There us no way that the President's staff could handle the political minutia required to write the budget.
>>81364723
sure
>>81353581
kek, the same faggot that got btfo last thread
Lot of newfags on /pol/ remember to red pill them.
>>81364647
Bush Sr had to pay for the Gulf War.
would you preferred we just let Saddam get Kuwait's oil revenue ?
>>81365626
WTF are you talking about?
The 16-19 group is lower because the high school graduation rate is higher.
Do you know what happens when kids stay in school longer? THEY ENTER THE LABOR FORCE LATER.
The 20-24 is lower because way more kids are going to university.
Like I said
I don't deny it takes more education nowadays to get a good job. That's why you right wing retards are FUCKED.
And like my chart showed. The 55+ thing is a trend since the early 90s fuckwad.
That doesn't deny that 10,000 baby boomers are retiring everyday.
https://www.washingtonpost.com/news/fact-checker/wp/2014/07/24/do-10000-baby-boomers-retire-every-day/
>>81365976
>>81365976
>implying im a newfag
>>81365643
>take an ant's view snapshot of the Enron Fiasco and the very temporary hit it gave to the market while ignoring the sheer volume of growth that surrounds it
Are you retarded or just an actual straw man?
>>81365988
>Bush Sr fan
>>81366111
And it still doesn't account for the 25-54 crowd you fucking dipshit. That is the crowd that needs to be employed, and its rate has dropped. You are one dumb and dishonest maplenigger.
>>81366272
Retarded idiot they just pumped money into wallstreet.
>>81365643
the bubble had popped before 9/11
Ok OP, but can you convince me that you aren't a faggot? No? Okay then.
>>81366272
>Clinton was the only president to have technological progress during his presidency
Is that really your fucking argument?
Previously the top individual tax rate of 31% applied to all income over $51,900. The Act created a new bracket of 36% for income above $115,000, and 39.6% for income above $250,000.[2]
Previously, corporate income above $335,000 was taxed at 34%. The Act created new brackets of 35% for income from $10 million to $15 million, 38% for income from $15 million to $18.33 million, and 35% for income above $18.33 million.[3]
The 2.9% Medicare tax had previously been capped to apply to only the first $135,000 of income. The cap was removed.
Transportation fuels taxes were raised by 4.3 cents per gallon.
The portion of Social Security benefits subject to income taxes was raised from 50% to 85%.[4]
The phaseout of the personal exemption and the limit on itemized deductions were permanently extended.
The AMT tax rate was increased from 24% to tiered rates of 26% and 28%.[5]
Part IV Section 14131: Expansion of the Earned Income Tax Credit and added inflation adjustments.
https://en.wikipedia.org/wiki/Omnibus_Budget_Reconciliation_Act_of_1993
>>81366419
And wall street pays taxes which is why we had a fucking Budget surplus. Are you trying to move the goal posts and make this an economic inequality debate now?
>>81366397
So your entire argument against Obama is that the 25-54 participation rate is at the same level it was in Reagan's 2nd term?
Really bro? That's all you got?
>>81364857
>>81365500
No response? I guess I have BTFO of you.
>>81363344
My original argument
>>81366440
The Nasdaq bubble yes. Pets.com went out of business boo hoo.
The US never would have even gone into recession had Republicans been able to be trusted with national security.
>>81353581
Fuck off canada.
>>81366214
No you are a shill however.
>>81366781
Actually I have 70 posts in this thread.
>2001 recession caused by pic related
>2001 recession not even a technical recession btw
>>81367176
Hey man, unlike these right wing retards and Trumplovers, I just like seeing America succeed.
>>81366629
NO YOU FUCKING MORON! I'm saying Dow Jones didn't really go up because of productivity. Obama the Kenyan monkey just pumped money in to inflate the prices
>>81367338
ITT: right wing retards complaining simultaneously that the stock market goes up, stock market goes down.
>>81353581
As a man of reason, I know when I have been bested. Rather than act like a child and fight a losing battle, I will be the bigger man and switch up my vote. Therefore I no longer support Trump and will be voting for Hillary in the general. #ThisIsHerStory
>>81354411
Excellent post. As a result of your reasoning I've decided to finally give up on Trump -- and you can rest assured that I will be voting for Hillary in October.
>>81354998
Very interesting. This is a new line of reasoning that I have never before seen. I'll just come out and say it -- your post has made me switch up my vote. I am now voting for Hillary in November, and beyond!!!! #HillaryInTheHouse
>>81355528
Just like any other human being, I don't like to admit when I'm wrong. However the time has come and I have to say that your post has changed my views for the better. As a result I will be casting my ballot for Hillary in the general election -- the only true candidate who will end corporate cronyism and SMASH the wall street elite.
>>81367459
I'm going to get food guys. I forgot how much fun this is. You really are more retarded than ever.
>>81367459
Left-wing retards think murdering someone without a trial is good
Fucking war mongers.
>>81355754
You bring up some great points here that I have never before seen. I hate to admit it -- but you've changed my mind. I've done a 360 and now pledge 100% to support Hillary in October and beyond.
>>81364647
>He doesn't understand the difference between budget and discretionary budget
Go back to Facebook. Clinton never had a balanced budget. He raised the debt ceiling more than any president before Obama, which allowed him to create statistics like this.
>>81355981
Good point brother. I've never thought of it that way, but now that I do... My opinions have shifted. I will now pledge my vote for Hillary in November.
>>81356199
We're all rational beings here -- and I'll say one thing: you made a great point. I was scratching my head over this post for quite some time and could not come up with a rebuttal. As a result, I've decided to switch my vote from Trump to Hillary. #StandWithHer
>>81366571
All those taxes were done explicitly to offset the expanse in social welfare programs (if you knew anything about Social Security you'd know it's a closed system; it goes towards paying itself). That's how Democrats work. We're Americans; no one says "I'm going to be really cautious and try and repay our debts by increasing taxing and decreasing spending" they say "what is the most ambitious way to grow the economy" (and the two sides have different answers, both of which require stretching the budget to its absolute maximum). Now it's true that Bush had technological close to on par with Clinton (which was not even remotely comparable to anything that came before it and proposing so is an ignorant lie), but other sectors of the economy weren't doing so well following 9/11 and he squandered any potential budget on run-away military funding.
Basically, A FUCKING LEAF, learn American politics and economy if you want to actually comment on them. Or don't, because we don't give a shit what you think.
>>81356320
I never thought I would do a 360, but now here I am, hat in hand, telling you that this post has totally rewritten by views. After all this time, I'm ready to admit that I was misled by Trump -- it turns out he was just saying what I thought I wanted to hear. As a result of your post, I've decided to switch up my vote and I now support Hillary 100% in the general election! #HistoryMade #DeleteYourAccount
>>81364647
Also, you can't just print more money and say "well now we have a bigger budget!" Which is exactly what happened.
>>81356678
Very informative post here… if any anon's accidentally scrolled by, I encourage you to read it yourselves. After reading this new information, I immediately did a 360. It turns out that Trump wasn't the candidate that I hoped for… in the end he's just a career salesman and I got caught up in his lies. I stand here today, pledging 100% of my support to Hillary! The only candidate that will BLAST racism and make history while SHE's at it!!! #GoDownOnHerstory
>>81356846
Great post, and quite an interesting argument. 5 minutes ago I could never picture myself saying this, but now I can say it with pride -- I will be casting my ballot for Hillary Clinton in the general election.
>>81367337
Shoo go to /b/
>>81357113
Usually a "360" maneuvre just isn't my style -- but today I'm changed man. I'm being 100% serious when I say that: you've highly informative post, and BLASTED my argument to the point where I will admit defeat. Your post has single-handedly caused me to switch up, and I will proudly cast my ballot for Hillary in this year's general election -- the only true candidate who will end corporate cronyism and SMASH racism out of america!!!.... and make HERstory while SHE's at it!! #SheMadeHerstory #ImWithHer
I have never seen a Canadian try so hard to prove he is a cuck. We get it bro. The only thing that got BTFO was your wife's vagina by Jamal.
>>81367667
> He raised the debt ceiling more than any president before Obama,
That's funny considering Reagan holds the all time record.
Obama says Reagan raised debt ceiling 18 times; George W. Bush seven times
http://www.politifact.com/truth-o-meter/statements/2011/jul/26/barack-obama/obama-says-reagan-raised-debt-ceiling-18-times-geo/
>>81357277
I'm not sure what to say... I've been fighting a failed battle for far too long, but your post - written in the style of a journalistic article - has finally gotten me to ditch Trump. I will now proudly cast my vote for Hillary in the general.
>>81353581
>Canadian Obamacuck calling anyone a retard
>>81357484
You make some great points here and your post reads like a journalistic article. You've really helped me to see the error in my views, and as a result I can promise you that I will be voting for Hillary. #ReadyForHer
>>81367766
U.S government has never printed a dollar so that's not true.
>>81357588
I'll admit I had my doubts, but this man makes a highly rational, diplomatic argument -- and written in the style of a journalistic article. This post has single-handedly caused me to switch up my vote from Trump to Hillary, and fight to keep America on the right path!!!
>>81357677
This is an excellent post - finally someone brings a truly rational argument to 4chan. Not only that but your style is in the vein of a journalistic article. As a result of this post, I've switched up and will now proudly vote for Hillary in November!!!
>>81357792
Some great points here. You touched on things that I had never even considered. Also, I'm loving the "journalistic article" quality to your posts! I've just got to say that you've single-handedly switched up my vote from Trump to Hillary! Together we will keep American on the right track!!
>>81358044
Great post, and quite an interesting argument. And I'm really loving the "journalistic article" style. 5 minutes ago I could never picture myself saying this, but now I can say it with pride -- I will be casting my ballot for Hillary Clinton in the general election.
>>81358156
You bring up some interesting points here, and I must say I am captivated by both your reasoning and your ability to present argument in the style of a journalistic article. As a result of your post, I've decided to switch up and proudly vote for Hillary in the general election... and BLAST the Wall Street Elite out of America!!
>>81358248
It's hard to do a 360, but here I find myself - hat in hand - doing just that. I know that many established public figures, both here and abroad, have voiced their concerns about Trump. I clung to a false hope even though the writing was on the wall. Now that I read this article where Denzel Washington BLASTS Trump, I've finally let that hope die. As a result, I've switched up my support and will proudly vote for Hillary in November, and beyond!!! #IStandWithHer
>>81355754
>Occupy Democrats
Post some sources.
>>81368102
u ruined this thread. it was fun till u got here
>>81358377
You bring up some great points here that I have never before seen. I hate to admit it -- but you've changed my mind. I've done a 360 and now pledge 100% to support Hillary in November -- the only true candidate who will SMASH the wall street elite and BLAST big business out of america
>>81367892
I can't believe it, but in this journalistic article it looks like Mitt Romney BLASTS Trump. Over the past year I've seen Trump draw the ire of many established public figures, both here and abroad - but I stood by and did nothing. However today, hat in hand, this new information has pushed me over the edge, and I must say that I am a changed man. In a "360" maneuvre, I've totally switched up my support -- I will now be casting my ballot for Hillary in November!! The only candidate who will keep America on the right track: and BLAST big business out of america while SHE's at it!!!! #ItsHerTurn #SheMadeHerstory
No one is taking your blue pill, maple nigger. We all know the world economy is in the pits, and that every country on Earth is fudging the numbers. It's called creative accounting. Now please, keep your gay stoned Islamic bullshit to yourself.
>>81368172
Over 75 posts in this thread bro. Tons of sources.
>>81367681
Great post, and an interesting argument indeed. Additionally - and I will say this - I'm really loving the "journalistic article" style. 5 minutes ago I could never picture myself saying this, but now I can say it with pride -- I will be casting my ballot for Hillary Clinton in the general election. #ImWithHer
>>81357677
Uh oh.
>>81353581
Well I work part time at a fast food joint....
Things are working out great
All the illegals that live near me are very happy with the food stamps they get
and we all know things will be even better under Hillary
except for that $20 TRILLION dollar debt my kids will have to pay
>>81367617
Very interesting. This new line of reasoning has officially BLASTed every argument against you. I'll just come out and say it -- your post has made me switch up my vote. I am now voting for Hillary in November, and beyond!!!! #ShesPartOfHerstory
>>81368424
>>81368340
>>81368309
>>81368305
>>81368304
>>81368228
>>81368208
>>81368172
>>81368134
>>81368102
>>81368038
>>81368071
>>81367963
SUUUUUUUUUURE We totally don't all know you guys are all trolling.
