TOPICS: Economic conditions, how well things are going in the country today
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Not very well when you consider that the national debt has gone up by $5 trillion in only a few years. Wait, I thought Obama was going to save the country?
Businesses are making profits like ever before, so why are they not hiring more. The repubs will shout regulations and hire taxes. Hey repubs stop!!! If regulations were so bad why are businesses raking in the Dow, if taxes was high, why are businesses paying some of the lowest taxes in our western hemisphere. These repubs lies are off the wall. When Obama took office, the the whole American economy was falling down, he bailed out who needed to be bailed out directly, and put money into the spenders hands to bail out corporations like Ford, who was on IRS way down, indirectly. Now corporations are seeing profits beyond their wildest dreams, yet the repubs talking points are that Obama made things worst. Its amazing how empty rederic repeated over and over again takes hold.
Frederick is the repubs master weapon, just repeat it over and over again, and nonesence, become facts, the gullibility of the American people will see to that, does anyone remembered their talk about jobs jobs jobs, then kill every sensible job plan to help the American people, and the modernization of country.
"The recession ended in June 2009, according to the body charged with dating when economic downturns begin and end."
I am coming to the conclusion that their measurements reflect the economy for the 1%, not the 99%. The recession officially began in December 2007, but most of the 99% didn't really first feel it until late 2008 or early 2009. The middle class recession was still in the beginning stages in June 2009. We need to figure out a way to measure economic downturns for the 99%, and not just the 1%
Only a miserly Scrooge would ask himself, "Am I better off now than I was 4 years ago."
A true American patriot would ask, "Is the nation better off now that it was 4 years ago."
The recovery is going very well for the top 1%. They continue to enjoy a tax code that enables them to suck money from a weak economy. Federal employees continue to enjoy a healthy compensation package. Congress continues to enjoy a very healthy compensation package, even though they are completely useless. Ordinary folks are getting jobs that pay about the same or less than they did in the 80's and 90's. They pay more for health insurance, food, gas, and have no retirement plan. The social safety net is being destroyed. The US still controls nearly 30% of the worlds wealth. You would think the job creators would be creating jobs, but consumer demand lags because the middle class keeps getting poorer.
Time for another change wrote:
And you think it's good news for Obama when 6 in 10 think it's going badly? You're either naive or just blind.
When you consider the fact that more than 8 in 10 thought the economy was going badly when Pres. Obama was sworn into office, then it is good news.