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>AMERICA IS COLLAPSING WHICH IS WHY NEED LOWER TAXES ON THE
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You are currently reading a thread in /pol/ - Politically Incorrect

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>AMERICA IS COLLAPSING WHICH IS WHY NEED LOWER TAXES ON THE RICH AND MORE WAR!!!!!!

America has never been better thanks to Obama.
>>
>>70785298
Obama has not passed a single bill that influenced the economy in a positive way.
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now look at wages
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>>70785409
And Obama giving trillions to Goldman Sachs
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>>70785437
and debt
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>>70785409
Look at your graph. It shows Obama increased average hourly wages. It was lower when the recession started.
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>>70785367
>being this retarded

https://en.wikipedia.org/wiki/American_Recovery_and_Reinvestment_Act_of_2009
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>>70785298
THANKS OBAMA. BEST PRESIDENT EVER!
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>>70785466
It's stagnant

now look at job losses

Obama has destroyed the real economy in order to bailout wall street

see
http://www.unz.com/mwhitney/the-chart-that-explains-everything/
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>>70785466
>graph conveniently ends when debt is decreasing
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>>70785466
Is... is that... a deleveraging? It would explain the commodity prices... Oh dear
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>>70785499
Notice how none of it directly even affected the way the economy was, an the recession didn't formally end until 2012, 3 years after the so-called "solution". It literally did nothin but cost more tax money, as a lot of that money just got relocated to the Wall Street and other big bank bailouts. Eat shit lead, learn economics for your own failing country. First lesson; don't sell your gold
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>>70785495
Even lefty sites know that Obama has destroyed wages and expanded debt in order to save wall street

see

http://www.dailykos.com/story/2015/8/14/1411883/-Behind-the-Numbers-The-Anatomy-of-a-Low-Wage-Recovery


and

http://www.counterpunch.org/2016/03/30/is-this-class-warfare/
>>
>>70785437
Bank bailout loans were repaid with interest m8
>>
>>70785579
>still shitposting a chart from 2010.

Those job losses occurred under George Bush, not Obama.
>>
>>70785734
>thinks Obama was president in 2007.

Why are right wingers so mentally handicapped?
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>>70785768
>2 years after he was president
>still blames Bush
>>
>>70785661
>>70785688
>what is the subprime bubble popping

Are you people 8 years old? Do you remember 2008?

http://www.counterpunch.org/2016/03/30/is-this-class-warfare/


>>70785768
already disproven see

http://www.dailykos.com/story/2015/8/14/1411883/-Behind-the-Numbers-The-Anatomy-of-a-Low-Wage-Recovery

>>70785826
wrong

see

http://www.counterpunch.org/2016/03/30/is-this-class-warfare/
>>
>>70785766
Banks get free money and can turn around and lend it at interest

you're retarded if you think that's not free money and handouts to a parasitical financial system

This only helps wall street and destroys the real economy

see

http://www.unz.com/mwhitney/the-chart-that-explains-everything/

and

https://www.youtube.com/watch?v=9jiuhyu4lBI
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>>70785709
>n the recession didn't formally end until 2012

wew lad. Even a 1st grader could see the pattern on that chart.

>still being this retarded.

President Obama averted another Republican Great Depression.

This is what you shitheads do every time.

You crash the economy, then blame Democrats for taking too long to clean up your mess.

Stop electing Republicans who crash the economy every time they're in charge.

Unemployment's now below 5% We avoided a Great Depression Thanks, Obama —President Obama
https://www.youtube.com/watch?v=ORh0T8-bDkc&nohtml5=False
>>
>>70786118
depression still exists for the real econom (not wall street

see

http://www.dailykos.com/story/2015/8/14/1411883/-Behind-the-Numbers-The-Anatomy-of-a-Low-Wage-Recovery
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>>70785835
The chart is from 2010 but the job losses shown on that ancient chart happened under Bush.

You can see the pattern quite clearly. When Bush left office, America was losing 700,000 jobs a month. Now America is on the longest job creation streak in American history. 73 straight months.
>>
>>70785499
MAH SHOVEL READY JOBS

Obama even admited there are no shovel ready jobs
>>
>>70786245
Real economy is still in recession

see

http://www.counterpunch.org/2016/03/30/is-this-class-warfare/
>>
>>70786118
>Republican Great Depression.

No

http://content.time.com/time/specials/packages/article/0,28804,1877351_1878509,00.html
>>
>>70786266
Obama cut actual spending and investment in the real economy, the only actual money went to wall street


https://www.youtube.com/watch?v=m4ylSG54i-A
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>>70785904
None of these articles have your chart. Your chart is from 2010.

I love when Republicans complain that wages aren't high enough but:

A. worship rich people and corporations for suppressing wages, avoiding taxes and stashing trillions offshore

B. are against raising the minimum wage

C. Support Donald Trump using H1B and H2B workers

Trump's Mar-a-Lago hires hundreds of foreign workers
http://money.cnn.com/2016/03/18/news/economy/trump-maralago/index.html
>>
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>>70786455
https://www.youtube.com/watch?v=QKv-dXHhtMs&nohtml5=False
>>
>>70785437
>>70785734
Shit is so retarded when Liberals praise Obama for tripling the stock market, all while whining about the rich on Wall Street
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>>70786562
Yes, 200K retail jobs a month are so great
>>
So what happened with Obama and Yellen?

I'm going to guess no interest rate increase, again
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>>70786668
>pulls shit out of ass

Is that the excuse you tell your mother for why you can't find a job even though job openings are at record highs.

America has near record 5.6 million job openings
http://money.cnn.com/2016/02/09/news/economy/america-5-6-million-record-job-openings/
>>
>>70786562
>>70786456
nope see:

Obama can't actual productive investment and handed trillions to walls street all while continuing to enact policies that raise debt (wall street stays unregulated under Obama ) and lower wages (Obama trade outsourcing to asia, mass immigration)

http://www.nakedcapitalism.com/2013/07/michael-hudson-shreds-obamas-orwellian-speech-on-middle-class-prosperity.html
>>
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>>70786456
lmao, everyone around the world wants to tell Yanks what to do backed with bar graphs and pie charts and shit. Helpful fuckers.
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>>70786874
this has been debunked again and again

http://www.dailykos.com/story/2015/8/14/1411883/-Behind-the-Numbers-The-Anatomy-of-a-Low-Wage-Recovery
>>
>>70786118
He hasn't averted another great Depression you retard, he's just kicked the can down the road another 7-8 years. The bubble is about to pop any day now.

What do you call printing trillions of dollars? What do you think holding interest rates at 0 for 7 years has done? It's made savings worthless. Inflation has eaten into whatever pay increase Americans might have had over the past 20 years. EVERYTHING costs more: rent, land, healthcare, education, food, utilities, services. The only thing cheaper (very recently) is gas and that has zero to do with Obama.

The ONLY reason the U.S. has been able to print trillions like this is because of the petrodollar trade: we've created an artificial demand for our dollars and bonds because most of the world's oil is still purchased in dollars.

The global economy got spooked again after the Fed tried to raise rates, that's why they've already canceled all scheduled rate increases for 2016. Oil is still in the shitter because demand is weak, despite rig counts dropping by 70% and companies slashing half their workforce.

Pretty soon we'll be doing another round of QE, more countries will move away form the petrodollar trade, and then the hyperinflation will set in. Everything will go exponential before crashing into a new great depression.

Face it Canadian, the writing is on the wall. Obama's only accomplishment is letting the central bankers paper over this gaping wound and allowing the 1% to reach record levels of wealth while the middle class shrinks.
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>>70786909
*cut actual
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>>70787017
>What do you call printing trillions of dollars? What do you think holding interest rates at 0 for 7 years has done? It's made savings worthless. Inflation has eaten

Inflation is low

In reality Obama has destroyed demand in the country in order to save wall street with an asset bubble

see
http://www.unz.com/mwhitney/the-chart-that-explains-everything/
>>
>>70786874
At least read the article. Those numbers mean nothing when people don't have the skills to fill the jobs

>The number of job openings could be a reflection of companies not finding the right candidates. Many Americans don't have the skills that those available jobs require. It's called the job skills gap, and it has become a serious problem in the U.S.

>About 65% of job postings for secretaries who work for executives. But those require a college degree. Among current executive secretaries, only 19% have college degrees, according to Joseph Fuller, a Harvard Business School professor. That gap between reality and expectations has widened.

A fucking degree to be a secretary
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>>70786245
Thank you McDonald's and other chain restaurants.
>>
>>70787145
It's low for now because we export the inflation to other countries. This system is already collapsing because the other countries have figured out that it sucks for them. In 2-3 years it will fully blow up.
>>
>>70785499
leaf, etc.
>>
>>70787074
Are you criticizing George bush for losing all those jobs?

Or are you actually that fucking retarded that you thought Obama was president in January 2008.
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>>70787017
>The bubble is about to pop any day now.

The good thing when Democrats take the Presidency, Congress, and Supreme Court.

Even with two Democratic terms, they'll still blame Republicans and Bush
>>
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>>70785298
We are fucked
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>>70787361
>loves high inflation
>>
>>70787250
>we export the inflation to other countries.

Most of the money is put into Wall Street where we now have endless price bubbles

please read the article

http://www.unz.com/mwhitney/the-chart-that-explains-everything/

>>70787302
I'm criticizing the establishment which Obama is merely a part of
>>
>>70786963
Your link doesn't even address it, shill
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>>70787361
They've been saying since December's interest rate increase they would increase it every month. Nothing yet. Next decision is on the 26th and 27th.
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>>70787306
It'll go down in history books 100 years from now of the fine art and ability of Democrats to blame Bush well after he left office.
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>>70787493
If Western Civilization is still present.
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>>70787445
yes it does it breaks it down completely why there is no wage recovery

how are you this bad at reading?

>>70787400
There is inflation in asset prices

see
http://www.unz.com/mwhitney/the-chart-that-explains-everything/

This means unaffordable debt for most people and lots of profits for wall street through interest, capital gains, etc
>>
>>70787557
wall street is currently destroying western civilization

see

https://www.youtube.com/watch?v=cMuIoIidVWI
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>>70787455
>they would increase it every month

being this fucking retarded.

I swear to god right wingers are the dumbest motherfuckers on the planet.
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>>70787493
And you will continue to pretend that Bush didn't hand Obama the biggest mess since the Republican Great Depression.

Clearly you motherfuckers weren't even alive in 2008. Anyone with a brain remembers how bad it was.
>>
This was being discussed yesterday

>8 Of 11 Surviving Obamacare Co-Ops Facing Failure

http://dailycaller.com/2016/02/25/breaking-eight-of-11-surviving-obamacare-co-ops-facing-failure/

Really can't find any other sites reporting about it.

But Josh Earnest was asked about it yesterday at the White House press brief
>>
>>70787635
>being mad about an objective fact


http://www.marketwatch.com/story/feds-harker-backs-delaying-another-interest-rate-hike-until-inflation-picks-up-2016-04-12
>>
>>70787581
From your link

>The ratio of unemployed job seekers to job openings peaked in July 2009 at the very bottom of the recession at 6.8 to 1 and has since dropped to a mere 1.6 to 1 by June of this year.

Rome wasn't built in a day. It's gonna take some time to fully recover but you are literally denying that any recovery is taking place when it obviously is.
>>
Thats a meaningless number, it doesn't reflect the standard of living of the poorer sections of the country.
>>
>>70787183
>A fucking degree to be a secretary

So you're saying you agree with Bernie's college plan?
>>
>>70787777
Republicans want to crash the economy, that's why. That's the only reason to vote Republican.

They're pissed at how much the economy has recovered under a black, Democratic president.

They can't wait to get in there, crash everything and then say it's Jimmy Carter's fault or some other nonsense.
>>
>>70787777

Meaningless number, it doesnt give what those jobs are or what they pay.
>>
>>70787701
>bush was responsible for the housing market crash in 2008 bich was the largest factor of the recession

You're a literal retard.
>>
>>70787635
Ugh, the Fed met every month to decide to increase it. They didn't.

In our so called healthy economy you think they would increase it, especially after increasing it in December.
>>
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>>70785540
>>
>>70787777
try reading the whole article next time instead of one sentence

http://www.unz.com/mwhitney/the-chart-that-explains-everything/
>>
When considering jobs gained, is immigration taken into account? If there js a greater net gain in people it's literally a net loss in jobs per person.
>>
>>70787712
The question is at 1:27:46

https://youtu.be/2wOVhLK_4Oo?t=1h27m46s
>>
>>70787183
>About 65% of job postings for secretaries who work for executives. But those require a college degree.
My God, seriously why? Secretaries don't require a college degree, given that their job description does not require it. I know people who worked as secretaries, it's not suppose to be a permanent career for people, especially college educated students who should be aware that there's little to no advancement in being a fucking secretary, but a temporary vocation.

There's literally no benefit for the worker. You think they would spend 4 years at college to be a fucking secretary? I wager the salary of college educated secretary is exactly, if not almost the same, as a regular secretary before corporations decided a degree was necessary.

Who in their sane mind would pay 10s of thousands of dollars, if not hundreds, in tuition debt just to be a secretary? The pay will never be worth it. These corporations will never come close to paying down the debt. It's like forcing janitors to be college educated.
>>
>>70785298
>the economy isn't self regulating
>>
>>70787933
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
>>
>>70788206
You might want to pay attention to the beginning where Republicans are blocking Zika funding so they can blame a potential future epidemic on Obama.

Republicans are fucking terrorists.
>>
>>70788454
There has been huge credential inflation in the US economy

http://www.forbes.com/sites/georgeleef/2014/11/06/thank-or-blame-the-supreme-court-for-credential-inflation/#5d99a9fe7a9b

congrats on never paying attention to anything.

>>70789440
Too bad there was someone else around who was actually managing the economy (Bush was a drunk idiot too dumb to know what was going on)

https://www.youtube.com/watch?v=FerIvX4MULQ
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>>70789655
Yeah exactly. Just like with the Republican Great Depression, the worst economic formula for the United States is a Republican president, Republican House and Republican senate.

This trifecta only leads to disaster.
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>>70789777
Wall Street is majority democrat

http://www.ijreview.com/2014/02/116056-wall-street-bankers-top-donors-agree-democrat-party-new-party-rich/
>>
>>70789978
I agree with you we should get money out of politics.

I assume you're disgusted with the 5 Republican Supreme court justices that approved Citizens United?
>>
>>70785298

HOW MUCH OF THAT GDP IS ASSET BUYING?


HOW MUCH OF THAT GDP IS ASSET BUYING?


HOW MUCH OF THAT GDP IS ASSET BUYING?


HOW MUCH OF THAT GDP IS ASSET BUYING?


HOW MUCH OF THAT GDP IS ASSET BUYING?


HOW MUCH OF THAT GDP IS ASSET BUYING?
>>
>>70790068
I'm against the establishment raping the middle class

I don't care what cuckservative jews say
>>
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>>70790287
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>>70790402
>>
>>70790287
>>70790402
>>70790450

So you're a Bernie supporter then.

Him and Elizabeth Warren are also my 2 favorite senators. I'm glad we agree!
>>
>>70790591
no

Trump 2016
>>
>>70790591
wait a minute

you spend all day praising Obama the biggest corporate wall street sell out on earth and you're pro Bernie/Warren?

Fuck you man. Leafs, not even once.
>>
>>70791274
>>70791597
>still thinks Trump is running for real.

Kek.

You'll vote for whatever establishment Republican they give you, Kasich or Ryan.

Didn't Obama raise taxes on the rich multiple times and pass the most comprehensive Wall street reform bill since the New Deal era. All of which the Republicans fought him vigorously on.
>>
>>70785768
>bill clinton passes dumb as fuck housing laws
>goes a while
>bubble bursts under bush
>HURR DURR DUMB REPUBLICANS

kill yourself
>>
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>>70791836
Obama is the biggest whore for billionaires in history.


I don't get how you're this delusional.
>>
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>>70792206
>muh Obama tax increases

yeah ok Leaf

>>70792120
Bush and Clinton are to blame

but the real villain was Greenspan

http://www.forbes.com/2009/04/02/greenspan-john-taylor-fed-rates-china-opinions-columnists-housing-bubble.html
>>
>>70792206
Obama raises taxes on the rich.

"What an asshole!"

Trump will slash taxes for the rich and abolish the estate tax.

"He's my hero!"

RIGHT WING RETARDS EVERYONE

>>70792360

Taxing the rich: The record under Obama
http://money.cnn.com/2015/01/30/pf/taxes/obama-taxes-rich/
>>
>>70792639
>Trump will slash taxes for the rich and abolish the estate tax.

Trump will increase taxes on capital gains and wallstreet

his tax cuts are for the middle class ( the people you hate)

Obama never taxed the top income bracket

it's literally in the image you just replied to.
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