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Dump idiot Trump
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2019-12-29 at 9:47 PM UTC
Originally posted by larrylegend8383 So what you're saying is that he took action and things steadily improved during his tenure? Again, great point, Spectral.
The Great Recession had a significant economic and political impact on the United States. While the recession technically lasted from December 2007-June 2009 (the nominal GDP trough), many important economic variables did not regain pre-recession (November or Q4 2007) levels until 2011-2016. For example, real GDP fell $650 billion (4.3%) and did not recover its $15 trillion pre-recession level until Q3 2011.[98] Household net worth, which reflects the value of both stock markets and housing prices, fell $11.5 trillion (17.3%) and did not regain its pre-recession level of $66.4 trillion until Q3 2012.[99] The number of persons with jobs (total non-farm payrolls) fell 8.6 million (6.2%) and did not regain the pre-recession level of 138.3 million until May 2014.[100] The unemployment rate peaked at 10.0% in October 2009 and did not return to its pre-recession level of 4.7% until May 2016.[101] -
2019-12-29 at 9:48 PM UTC
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2019-12-29 at 9:51 PM UTCOn the political front, widespread anger at banking bailouts and stimulus measures (begun by President George W. Bush and continued or expanded by President Obama) with few consequences for banking leadership, were a factor in driving the country politically rightward starting in 2010. The Troubled Asset Relief Program (TARP) was the largest of the bailouts. In 2008, TARP allocated $426.4 billion to various major financial institutions. However, the US collected $441.7 billion in return from these loans in 2010, recording a profit of $15.3 billion.[104] Nonetheless, there was a political shift from the Democratic party. Examples include the rise of the Tea Party and the loss of Democratic majorities in subsequent elections. President Obama declared the bailout measures started under the Bush administration and continued during his administration as completed and mostly profitable as of December 2014.[105] As of January 2018, bailout funds had been fully recovered by the government, when interest on loans is taken into consideration. A total of $626B was invested, loaned, or granted due to various bailout measures, while $390B had been returned to the Treasury. The Treasury had earned another $323B in interest on bailout loans, resulting in an $87B profit.[106] Some have argued the Great Recession was also an important factor in the rise of populist sentiment that resulted in the election of President Trump in 2016.[107][108][109][110]
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2019-12-29 at 9:53 PM UTC
Originally posted by -SpectraL The Great Recession had a significant economic and political impact on the United States. While the recession technically lasted from December 2007-June 2009 (the nominal GDP trough), many important economic variables did not regain pre-recession (November or Q4 2007) levels until 2011-2016. For example, real GDP fell $650 billion (4.3%) and did not recover its $15 trillion pre-recession level until Q3 2011.[98] Household net worth, which reflects the value of both stock markets and housing prices, fell $11.5 trillion (17.3%) and did not regain its pre-recession level of $66.4 trillion until Q3 2012.[99] The number of persons with jobs (total non-farm payrolls) fell 8.6 million (6.2%) and did not regain the pre-recession level of 138.3 million until May 2014.[100] The unemployment rate peaked at 10.0% in October 2009 and did not return to its pre-recession level of 4.7% until May 2016.[101]
Bro lol you just posted numbers that showed he came into a shit storm and brought it back during his tenure.
Again, great points. You're on a roll tonight. -
2019-12-29 at 9:57 PM UTC
Originally posted by -SpectraL On the political front, widespread anger at banking bailouts and stimulus measures (begun by President George W. Bush and continued or expanded by President Obama) with few consequences for banking leadership, were a factor in driving the country politically rightward starting in 2010. The Troubled Asset Relief Program (TARP) was the largest of the bailouts. In 2008, TARP allocated $426.4 billion to various major financial institutions. However, the US collected $441.7 billion in return from these loans in 2010, recording a profit of $15.3 billion.[104] Nonetheless, there was a political shift from the Democratic party. Examples include the rise of the Tea Party and the loss of Democratic majorities in subsequent elections. President Obama declared the bailout measures started under the Bush administration and continued during his administration as completed and mostly profitable as of December 2014.[105] As of January 2018, bailout funds had been fully recovered by the government, when interest on loans is taken into consideration. A total of $626B was invested, loaned, or granted due to various bailout measures, while $390B had been returned to the Treasury. The Treasury had earned another $323B in interest on bailout loans, resulting in an $87B profit.[106] Some have argued the Great Recession was also an important factor in the rise of populist sentiment that resulted in the election of President Trump in 2016.[107][108][109][110]
Rightward? lol, no.
The whole left-right kosher sandwich is wrong.
It did wake people up though.
Originally posted by larrylegend8383 Bro lol you just posted numbers that showed he came into a shit storm and brought it back during his tenure.
Again, great points. You're on a roll tonight.
All they did was print money to cover up the cracks, the structural issues are still there. Presidents don't decide economic matters, why would you think they do? -
2019-12-29 at 10 PM UTC
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2019-12-29 at 10:36 PM UTC
Originally posted by larrylegend8383 Would those be the same dishonest retards who screamed our country and economy was in ruins despite month after month after month of job growth under Obama?
i doubt it since obama illegally secured a way to rob from us by making his insurance plan a literal TAX!! obama had so much income coming in, and then to top that off, he literally created the greatest amount of deficit, more than the previous 47 presidents before him together created. -
2019-12-29 at 10:46 PM UTC
Originally posted by iam_asiam68 i doubt it since obama illegally secured a way to rob from us by making his insurance plan a literal TAX!! obama had so much income coming in, and then to top that off, he literally created the greatest amount of deficit, more than the previous 47 presidents before him together created.
Deficit?
Lol
Funny you bring that up... -
2019-12-30 at 1:06 AM UTCWatch this. Exposes all their lies and lame tricks in excruciating detail.
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2019-12-30 at 1:34 AM UTCthey all lie, constantly
that is why I keep saying it's important that the people have access to any evidence meant to support their claims -
2019-12-30 at 2:51 AM UTCWhat I find the most hilarious is, even with all their lies, Hollywood lackeys, their entire fake news media, the Fed, all their fake polling, all their lapdogs in Silicon Valley, even help from other countries, all their crying, all their whining, all their bogus outrage, all their smears and personal attacks and frame jobs, all their hoaxes and schemes, they haven't moved the ball one single inch in the entire three years Trump has been President! Not a single inch! Hahaha. And have these mindbogglingly idiotic morons taken a single lesson from all that? Nope. They just keep right on bumbling along, with backfire after backfire blowing up in their ugly mugs. Falling flat on their faces at every turn. And they're still at it! Suckers for punishment! They can never get enough!
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2019-12-30 at 3:09 AM UTCIt's almost like Spectral is trying to convince himself.
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2019-12-30 at 3:22 AM UTC
Originally posted by larrylegend8383 It's almost like Spectral is trying to convince himself.
It's the truth. What exactly have you nutjobs gained in the past three years with all your whining and footstamping? Answer: nothing. Absolutely nothing to show for it all. Keep it up, if you want to waste even more of your time and energy and angst. -
2019-12-30 at 3:25 AM UTCLol I'm talking about all the novel rants you're usually wrong about. You seem to be desperately trying to convince yourself of a delusional dream you had in your youth that reality has proven wrong time and again.
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2019-12-30 at 3:28 AM UTC
Originally posted by larrylegend8383 Lol I'm talking about all the novel rants you're usually wrong about. You seem to be desperately trying to convince yourself of a delusional dream you had in your youth that reality has proven wrong time and again.
Lol I'm talking about what exactly have you nutjobs gained in the past three years with all your whining and footstamping? Nothing. Absolutely nothing to show for any of it. -
2019-12-30 at 3:39 AM UTCWhat exactly did the conservative cry babies gain during Obama's 8 years? Nothing until the pendulum swung back and they chose a reality TV star with less shame than your average shit level politician.
Maybe when Trump is done liberals will up the ante with a Kim Kardashian presidency. -
2019-12-30 at 3:39 AM UTC
Originally posted by larrylegend8383 What exactly did the conservative cry babies gain during Obama's 8 years? Nothing until the pendulum swung back and they chose a reality TV star with less shame than your average shit level politician.
Maybe when Trump is done liberals will up the ante with a Kim Kardashian presidency.
I really hope it's Kanye -
2019-12-30 at 3:47 AM UTCI would pay high dollar to see Kanye deliver a state of the union
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2019-12-30 at 3:48 AM UTCkek, just PM him on twitter, I'll bet he's already got a draft
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2019-12-30 at 3:53 AM UTC
Originally posted by larrylegend8383 What exactly did the conservative cry babies gain during Obama's 8 years?
- tried to grab all the guns: failed
- tried to sell his bogus climate change agenda: failed
- tried to knock down the borders: failed
- tried to dupe everyone with his Unaffordable Care Act: failed
- tried to shove his socialist/communist policies down everyone's throats: failed
Need I continue?