First Prev
of 6
Next Last
Batch 37 Pain Is Good

Oxford, MI

#103 Jun 3, 2013
Go Blue Forever wrote:
<quoted text>Please read a proper buisness section occasionally, Batch....the dollar is strong as hell, right now....this economy is recovering and what does anything have to do with the treasury and the Mint's workload?....I don't come on Topix, for parroted Fox talking points....educate yourself, don't depend on them to do it.....BTW, can you show the source, that reports Treasury's currency printing volumn?....
We will see when the Japanese Stock collapses again..... When that happens we will then have our Wall St problems...... Personal wealth is down 55% in this Country..... What do you watch for your economic reports.......

Since: Oct 12

Location hidden

#104 Jun 3, 2013
Batch 37 Pain Is Good wrote:
<quoted text>We will see when the Japanese Stock collapses again..... When that happens we will then have our Wall St problems...... Personal wealth is down 55% in this Country..... What do you watch for your economic reports.......
Everyone should have something to look forward too....Quite the Patriot, eh?......Do you have bets on our demise?....

“Where I came from”

Since: Jan 09

the universe

#105 Jun 3, 2013
Batch 37 Pain Is Good wrote:
<quoted text>We will see when the Japanese Stock collapses again..... When that happens we will then have our Wall St problems...... Personal wealth is down 55% in this Country..... What do you watch for your economic reports.......
Yep and BHO will play the blame game again when Wall Street has its problems. This house of cards will certainly fall and we the American people will have to pay for it. And the BHO will ride in on his white horse and announce more stimulus and his puppets and believers will cheer.
Batch 37 Pain Is Good

Oxford, MI

#106 Jun 3, 2013
Go Blue Forever wrote:
<quoted text>Everyone should have something to look forward too....Quite the Patriot, eh?......Do you have bets on our demise?....
Several takes..... While the IRS spends my money, along with the productive fifty percent, on entertaining govt workers at 55 million. I think we have lost our federal govt..... The people of the heartland work hard and are losing ground. You are about to lose your retirement when your precious healthcare act comes in later this year.....

Since: Oct 12

Location hidden

#107 Jun 4, 2013
Batch 37 Pain Is Good wrote:
<quoted text>Several takes..... While the IRS spends my money, along with the productive fifty percent, on entertaining govt workers at 55 million. I think we have lost our federal govt..... The people of the heartland work hard and are losing ground. You are about to lose your retirement when your precious healthcare act comes in later this year.....
Actually i am quite secure and the economy is currently doing very well....but thanks for the concern....Maybe try looking at the big picture....it won't be on Fox.....

Since: Feb 10

Grand Rapids, MI

#108 Jun 4, 2013
"Obama likes to tout that we are doing better now than at the worst of the recession. But every recovery is better than the recession, by definition. So that doesn’t mean much.

The right measure and comparison for Obama’s record is not to compare the recovery to the recession, but to compare Obama’s recovery with other recoveries from other recessions since the Great Depression. By that measure, what is clear is that Obamanomics has produced the worst recovery from a recession since the Great Depression, worse than what every other President who has faced a recession has achieved since the Great Depression.

In the 10 previous recessions since the Great Depression, prior to this last recession, the economy recovered all jobs lost during the recession after an average of 25 months after the prior jobs peak (when the recession began), according to the records kept by the Federal Reserve Bank of Minneapolis. So the job effects of prior post Depression recessions have lasted an average of about 2 years. But under President Obama, by April, 2013, 64 months after the prior jobs peak, almost 5˝ years, we still have not recovered all of the recession’s job losses. In April, 2013, there were an estimated 135.474 million American workers employed, still down about 2.6 million jobs from the prior peak of 138.056 million in January, 2008.

Ronald Reagan suffered a severe recession starting in 1981, which resulted from the monetary policy that broke the back of the roaring 1970s inflation. But all the job losses of that recession were recovered after 28 months, with the recovery fueled by traditional pro-growth policies. By this point in the Reagan recovery, 64 months after the recession started, jobs had grown 9.5% higher than where they were when the recession started, representing an increase of about 10 million more jobs. By contrast, in April, 2013, jobs in the Obama recovery were still about 2% below where they were when the recession started, about 2 ˝ million less, or a shortfall of about 10 million jobs if you count population growth since the recession started."

http://www.forbes.com/sites/peterferrara/2013...

Even Carter had better economic growth than Obama. Unfortunately I don't think we as a country will ever really learn. We'll continue to support the mythical policies of the left because they "should" work, they "sound good" and they are "only fair" even though the reality is they don't work, they do more harm than good, and they hurt the poor the most.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 6
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Grand Rapids Discussions

Title Updated Last By Comments
Old things and places we remember from the Gran... (Feb '09) 35 min katylied67 1,000
News College football roundup: Ohio State starts the... (Sep '13) 52 min tom wingo 1,935
bruce jenner!? who cares! 2 hr ricardo gran polla 6
News Victim in ponzi scheme comes forward (May '09) 4 hr Batch 37 Pain Is ... 40
are you texas enough? 4 hr Batch 37 Pain Is ... 2
News 1 dead, 4 injured after driver falls asleep, st... Mon robert 1
Tremors of the Earthquake Kind Mon Batch 37 Pain Is ... 2
More from around the web

Grand Rapids People Search

Addresses and phone numbers for FREE

Personal Finance

Mortgages [ See current mortgage rates ]