Opinion: America once fought a war against poverty – now it wages a war on the poor

[Keith & Arileidi 437]

4 hours ago, IDWAF said:

Different words saying the same thing.  If we had hit full employment in 2016 @ 5%,  then why has it kept dropping to 4.1%?  Obviously we were not at full employment in 2012, 2013, 2015, nor 2016.  It just looked that way at the time because it was on the decline.

The average unemployment under Obama was 7.3% (not saying it has anything to do with him, just an average of the years 2008-2016).  We will have to see how the next 8 years go before we can see how it compares.  It WILL go up, and sharply, in the near future, if analysts are correct.

 

https://data.bls.gov/timeseries/LNS14000000

 

https://www.bloomberg.com/quicktake/full-employment

The whole point of economics is to find equilibrium.
Dropping below equilibrium(when it pertains to Full employment) just starts to screw with inflation.
Which also hurts businesses in the form of not being able to find workers at a decent price. 
Therefore, lowering the amount of Jobs that our economy can create.
Essentially, bringing the unemployment rate back up to Full employment or higher (with the relative inflation increase).

You are just trying to manufacture a bad note for Obama's economy. ( its not working very well though)
Simply taking an average wont be significant in this case.
A better piece of math would be to factor the derivative, considering that he did not start at 0 and its in respect of time.


 

 

[Amica Nostra 4,803]

20 minutes ago, Keith & Arileidi said:

The whole point of economics is to find equilibrium.
Dropping below equilibrium(when it pertains to Full employment) just starts to screw with inflation.
Which also hurts businesses in the form of not being able to find workers at a decent price. 
Therefore, lowering the amount of Jobs that our economy can create.
Essentially, bringing the unemployment rate back up to Full employment or higher (with the relative inflation increase).

You are just trying to manufacture a bad note for Obama's economy. ( its not working very well though)
Simply taking an average wont be significant in this case.
A better piece of math would be to factor the derivative, considering that he did not start at 0 and its in respect of time.


 

 

I actually heard the term Stagflation last week, talk about a golden oldy. 

[Keith & Arileidi 437]

1 hour ago, Amica Nostra said:

I actually heard the term Stagflation last week, talk about a golden oldy. 

Honestly, I have never heard of stagflation.
Stagflation-

 persistent high inflation combined with high unemployment and stagnant demand in a country's economy.

** The more you know **

But it sounds like it would be a place we are headed towards given the definition. 

Edited April 17, 2018 by Keith & Arileidi

[Voice of Reason 10,298]

6 hours ago, Keith & Arileidi said:

The whole point of economics is to find equilibrium.
Dropping below equilibrium(when it pertains to Full employment) just starts to screw with inflation.
Which also hurts businesses in the form of not being able to find workers at a decent price. 
Therefore, lowering the amount of Jobs that our economy can create.
Essentially, bringing the unemployment rate back up to Full employment or higher (with the relative inflation increase).

You are just trying to manufacture a bad note for Obama's economy. ( its not working very well though)
Simply taking an average wont be significant in this case.
A better piece of math would be to factor the derivative, considering that he did not start at 0 and its in respect of time.


 

 

I don’t have to manufacture anything.  The economy sucked under Obama.  There are enough websites out there to reflect that.  The reality that you fail to see is that the economy would have been the same had Elodie Yung been president.  And it’s hard NOT to see an improving unemployment rate after that 10% or so high.  These things tend to cycle, yanno?

[Keith & Arileidi 437]

7 hours ago, Amica Nostra said:

I actually heard the term Stagflation last week, talk about a golden oldy. 

Also Trump doesn't play fall out, silly.

 

[Keith & Arileidi 437]

1 hour ago, IDWAF said:

I don’t have to manufacture anything.  The economy sucked under Obama.  There are enough websites out there to reflect that.  The reality that you fail to see is that the economy would have been the same had Elodie Yung been president.  And it’s hard NOT to see an improving unemployment rate after that 10% or so high.  These things tend to cycle, yanno?

wait a min..
Didn't you try to bash Obama in your last 2 or 3 responses just to be proved wrong by a simple google search.
I would say that you are trying to manufacture something.

  Click to chooObama inherited a recession.
I dont believe any president has that much control over the economy but come on.
You cant logically say the economy is better under trump without giving Obama the same type of credit for starting the trend. 

[OriZ 3,157]

2 hours ago, IDWAF said:

 the economy would have been the same had Elodie Yung been president.  

 

13 hours ago, Ban Hammer said:

uh what?

lol here's an example:

 

https://www.zerohedge.com/news/2013-07-17/bank-america-loss-profit-thanks-entirely-mark-unicorn

[Dashinka 24,765]

On ‎4‎/‎16‎/‎2018 at 9:01 PM, bcking said:

Neither one is completely responsible for it...but a President who was in office for 8 years and saw the shift from rising rates to lowering rates is likely MORE responsible for it than a President who has been in office for a little more than a year after the rates were already declining for several years.

No president is responsible directly for the economy. 

[Amica Nostra 4,803]

4 hours ago, Bill & Katya said:

No president is responsible directly for the economy. 

Has anyone told the current President?

[OriZ 3,157]

1 hour ago, Amica Nostra said:

Has anyone told the current President?

Yes. I have. Many times.

Edited April 18, 2018 by OriZ

[Póg mo 1,749]

8 hours ago, OriZ said:

Yes. I have. Many times.

FYI, yelling at the television doesn't count.

[Dashinka 24,765]

9 hours ago, Amica Nostra said:

Has anyone told the current President?

Has anyone told any president?

[Amica Nostra 4,803]

1 hour ago, Póg mo said:

FYI, yelling at the television doesn't count.

When Trump was elected, I officially became that old guy yelling at the TV

[Voice of Reason 10,298]

23 hours ago, Keith & Arileidi said:

wait a min..
Didn't you try to bash Obama in your last 2 or 3 responses just to be proved wrong by a simple google search.
I would say that you are trying to manufacture something.

  Click to chooObama inherited a recession.
I dont believe any president has that much control over the economy but come on.
You cant logically say the economy is better under trump without giving Obama the same type of credit for starting the trend. 

One of us was proven wrong.  Hint: The one who tried to say the economy was great because of Obama.  The rest of us recognize that while it peaked horribly under him, and imporved steadily, it had little to do with him and hist failed initiatives. 

 

https://www.washingtontimes.com/news/2016/dec/7/assessing-the-obama-legacy-he-has-failed/

[Keith & Arileidi 437]

3 hours ago, IDWAF said:

One of us was proven wrong.  Hint: The one who tried to say the economy was great because of Obama.  The rest of us recognize that while it peaked horribly under him, and imporved steadily, it had little to do with him and hist failed initiatives. 

 

https://www.washingtontimes.com/news/2016/dec/7/assessing-the-obama-legacy-he-has-failed/

😂🤣🤣

Of course you would post an opinion peice as your source.

That's just as bad as comparing Obama's average unemployment rate to Trump's unemployment rate. 

Knowing that obama started at 10% during a recession while trump started at 4.7% with an economic up trend. 

 

 

.... The article isn't even focused on economics. 😂

 

 

Edited April 19, 2018 by Keith & Arileidi