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The Water Cooler
General Discussion
The U.S. Govenment is Conducting a Ponzi Scheme
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<blockquote data-quote="Ace_on_the_Turn" data-source="post: 2670659" data-attributes="member: 27417"><p>I was right, you couldn't. </p><p></p><p></p><p></p><p>Did you actually even look at your source?</p><p></p><p>Job Growth, when Obama entered office, was in the toilet. Now steady growth.</p><p></p><p>Unemployment, down.</p><p></p><p>Economic growth, when Obama entered office, was in the toilet. Now steady growth.</p><p></p><p>Corporate profits, way up.</p><p></p><p>Wages, flat.</p><p></p><p>Stocks, doubled.</p><p></p><p>Food stamps, up. </p><p></p><p>Poverty, flat.</p><p></p><p>Manufacturing, up.</p><p></p><p>Interest rates, about where they were when Obama took office. </p><p></p><p>Home prices, up and rising.</p><p></p><p>Foreclosures, way down.</p><p></p><p>Consumer spending, when Obama entered office, was in the toilet. Now steady growth.</p><p></p><p>Inflation. 1.5%</p><p></p><p>Gas prices, up. Of course they are now to near where they were.</p><p></p><p>Federal spending, same as when he entered office.</p><p></p><p>Government debt, up. </p><p></p><p></p><p>Damn, you just made a great argument for the fact that the economy has improved vastly since Obama took office. </p><p></p><p></p><p></p><p></p><p>"Corporate greed? That's a broad brush, an ignorant one by my measure but hey, it's always someone else isn't it? I can see why you appreciate your boy so much"</p><p></p><p>"It's pretty amateurish to look at the Dow, Nasdaq, etc as a measure of economic policy"</p><p></p><p>"It's also kind of retarded to quote the dollar coming off a low as a measure also."</p><p></p><p>No need to add anything.</p></blockquote><p></p>
[QUOTE="Ace_on_the_Turn, post: 2670659, member: 27417"] I was right, you couldn't. Did you actually even look at your source? Job Growth, when Obama entered office, was in the toilet. Now steady growth. Unemployment, down. Economic growth, when Obama entered office, was in the toilet. Now steady growth. Corporate profits, way up. Wages, flat. Stocks, doubled. Food stamps, up. Poverty, flat. Manufacturing, up. Interest rates, about where they were when Obama took office. Home prices, up and rising. Foreclosures, way down. Consumer spending, when Obama entered office, was in the toilet. Now steady growth. Inflation. 1.5% Gas prices, up. Of course they are now to near where they were. Federal spending, same as when he entered office. Government debt, up. Damn, you just made a great argument for the fact that the economy has improved vastly since Obama took office. "Corporate greed? That's a broad brush, an ignorant one by my measure but hey, it's always someone else isn't it? I can see why you appreciate your boy so much" "It's pretty amateurish to look at the Dow, Nasdaq, etc as a measure of economic policy" "It's also kind of retarded to quote the dollar coming off a low as a measure also." No need to add anything. [/QUOTE]
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