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Morning Melt jobs numbers report "this is an 11 year extension to Obama economy"
Posted on 2/7/20 at 8:04 am
Posted on 2/7/20 at 8:04 am
They just can't help themselves
15
Posted on 2/7/20 at 8:07 am to lsufan1971
If I recall correctly, George W. Bush had a pretty good economy during his first term too. We all saw what happened during his second term in office.
Posted on 2/7/20 at 8:08 am to lsufan1971
It’s like when someone can’t open a jar, asks for your help, then actually believes that they “loosened it for you.”
Posted on 2/7/20 at 8:10 am to lsufan1971
And what an expansion it was.
Recovery summer after recovery summer finally hitting once someone else was in office.
Recovery summer after recovery summer finally hitting once someone else was in office.
Posted on 2/7/20 at 8:10 am to Bench McElroy
Yes, democrats crashed the economy with the housing bubble
Posted on 2/7/20 at 8:10 am to lsufan1971
Liberals... 
Posted on 2/7/20 at 8:12 am to Bench McElroy
quote:
We all saw what happened during his second term in office.
Yep.
Clinton-era policies involving home mortgages came back to bite us in the arse.
Posted on 2/7/20 at 8:12 am to GooseSix
So when the next recession hits, which is inevitable, will that be Obama's to claim as well??
Posted on 2/7/20 at 8:15 am to RollTide1987
quote:
Clinton-era policies involving home mortgages came back to bite us in the arse.
GWB was also a RACIST for trying to keep Blacks and low income individuals from moving into better homes and was denied changing those great Clinton-era policies...I remember...they try to blame Bush...but I member
Posted on 2/7/20 at 8:16 am to lsufan1971
What magic wand does he have?
Posted on 2/7/20 at 8:18 am to Bench McElroy
Morning in America
Posted on 2/7/20 at 8:19 am to LSUDVM1999
quote:
when the next recession hits, which is inevitable, will that be Obama's to claim as well
yes, it's all very confusing about which person is individually responsible for which thing.
i don't really wish to add to the confusion, but in the threads about this so far, literally no one has mentioned something in this very same report that's pretty fricking massive.
i refer to the revision of the 2018-2019 numbers, which at the endpoint of the rebenchmarking were revised down from 2.5 million for that year to 2.0 million. that's a downward revision of twenty fricking percent to the numbers ending in q1 2019.
to reiterate, job growth in the first 3-4 quarters following the tax cut & trade war just got revised down by half a million.
not sure who to blame this on though.
eta: here's the split between y/y payrolls growth from last month's pre-revision numbers (green), and this month's post-revision (red)
This post was edited on 2/7/20 at 8:24 am
Posted on 2/7/20 at 8:21 am to lsufan1971
Man talk about deep deep denial. 
Posted on 2/7/20 at 8:21 am to RollTide1987
quote:
Yep.
Clinton-era policies involving home mortgages came back to bite us in the arse.
All related to sub-prime lending mandated by Jimmy Carter
Posted on 2/7/20 at 8:22 am to 90proofprofessional
quote:
not sure who to blame this on though.
Shitty economists?
Posted on 2/7/20 at 8:24 am to Turbeauxdog
you refer to peter navarro and larry kudlow?
Posted on 2/7/20 at 8:26 am to lsufan1971
If this is the 0bama legacy, then why is his right hand man in 4th place?
Posted on 2/7/20 at 8:33 am to Bench McElroy
quote:
If I recall correctly, George W. Bush had a pretty good economy during his first term too. We all saw what happened during his second term in office.
9/11? The worst terrorist attack in history which helped pop the housing bubble?
Geez, I hope that doesn't happen to Trump.
Posted on 2/7/20 at 8:34 am to lsufan1971
These mother frickers have no shame. I saw a black acquaintance float this bs out on FB about a week ago.
Posted on 2/7/20 at 8:37 am to lsufan1971
Loved that Reagan Economy in the 90s.
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