U.S. Economy Added 304,000 Jobs in January; Unemployment at 4%

Discussion in 'Current Events' started by Mrlucky, Feb 1, 2019.

  1. rahl

    rahl Banned

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    yes, it most certainly has. You've been shown the republican policies which led to it. You were shown the congressional voting record from 2001-2007 which showed republicans killed EVERY SINGLE BILL which attempted to regulate fanny and Freddie.
    and pretending that the party holding the white house and congress had a time machine is hilarious.
     
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  2. Bluesguy

    Bluesguy Well-Known Member Donor

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    There was no recession until a year after the Democrats took back the Congress. Obama's $800B stimulus was supposed to hold unemployment to 8%.

    Thanks for noting how the Democrat policies failed.
     
  3. Bluesguy

    Bluesguy Well-Known Member Donor

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    Ahh the number was called fake because the LFPR was falling so dramatically. The LFPR is now improving along with the very low unemployment numbers.
     
  4. Bluesguy

    Bluesguy Well-Known Member Donor

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    The graphs showed the failed Democrat policies not Republican.
     
  5. Bluesguy

    Bluesguy Well-Known Member Donor

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    Ahh no

    "One chapter in this story took place in July 2005, when the Senate Banking Committee, then controlled by the Republicans, adopted tough regulatory legislation for the GSEs on a party-line vote–all Republicans in favor, all Democrats opposed. The bill would have established a new regulator for Fannie and Freddie and given it authority to ensure that they maintained adequate capital, properly managed their interest rate risk, had adequate liquidity and reserves, and controlled their asset and investment portfolio growth.

    The date of the Senate Banking Committee’s action is important. It was in 2005 that the GSEs–which had been acquiring increasing numbers of subprime and Alt-A loans for many years in order to meet their HUD-imposed affordable housing requirements–accelerated the purchases that led to their 2008 insolvency. If legislation along the lines of the Senate committee’s bill had been enacted in that year, many if not all the losses that Fannie and Freddie have suffered, and will suffer in the future, might have been avoided.

    Why was there no action in the full Senate? As most Americans know today, it takes 60 votes to cut off debate in the Senate, and the Republicans had only 55. To close debate and proceed to the enactment of the committee-passed bill, the Republicans needed five Democrats to vote with them. But in a 45 member Democratic caucus that included Barack Obama and the current Senate Banking Chairman Christopher Dodd (D., Conn.), these votes could not be found."
    https://rightwingnews.com/uncategor...fused-regulation-of-freddiemac-and-fanniemae/

    As President Bush noted at the time the Democrat proposals would have made it worse.
     
    Last edited: Feb 4, 2019
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  6. rahl

    rahl Banned

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    repeatedly refuted
     
  7. rahl

    rahl Banned

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    The graphs showed a strong economic recovery starting in 2010, and continued on the same pace right up to today.
     
  8. rahl

    rahl Banned

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    ahh, yes. Republicans killed every single bill from 2001-2007 which attempted to regulate fanny and Freddy
     
    Last edited: Feb 4, 2019
  9. Bluesguy

    Bluesguy Well-Known Member Donor

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    No as I just cited. And Democrats during Obama's term still refused to reign them in.
     
  10. Bluesguy

    Bluesguy Well-Known Member Donor

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    The graphs show the failed Democrat policies starting in 2007. They had none after 2010.
     
  11. Bluesguy

    Bluesguy Well-Known Member Donor

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    Nope that is the unrefuted historical record else prove it wrong.

    There was no recession until a year after the Democrats took back the Congress. They took the Congress in January the recession didn start till the following December. Prove that wrong.

    Obama's $800B stimulus was supposed to hold unemployment to 8%. Refute it, what did he say it would hold it to? Geez Obama even admitted it failed are you claiming he was wrong.
     
    Last edited: Feb 4, 2019
  12. rahl

    rahl Banned

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    yes, I as I have repeatedly cited.
    Republicans owned congress and the white house and killed every single bill attempting to regulate them.
     
  13. rahl

    rahl Banned

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    proven falsehood
     
  14. rahl

    rahl Banned

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    yep
     
  15. Bluesguy

    Bluesguy Well-Known Member Donor

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    Lack of rebuttal noted as ususal.

    Fact

    The Republicans had a bill in 2005 and not a single Democrat would support it and they kept it from passing in the Senate. Refute it.

    There was no recession until a year after the Democrats took back the Congress. They took the Congress in January the recession didn start till the following December. Prove that wrong.

    Obama's $800B stimulus was supposed to hold unemployment to 8%. Refute it, what did he say it would hold it to? Geez Obama even admitted it failed are you claiming he was wrong.
     
  16. rahl

    rahl Banned

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    republicans killed every single bill attempting to regulate fanny and freddy from 2001-2007


    https://financialservices.house.gov...11/timeline_for_fannie_freddie_regulation.pdf

    repeatedly refuted
     
  17. superbadbrutha

    superbadbrutha Banned

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    It has always worked, you just didn't want to believe it until your God came onto office.
     
  18. Bluesguy

    Bluesguy Well-Known Member Donor

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    I have no gods and didn't vote for Trump. Lack if rebutal noted.
     
  19. superbadbrutha

    superbadbrutha Banned

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    Sure you didn't :blushes:
     
  20. Bluesguy

    Bluesguy Well-Known Member Donor

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    Democrats BLOCKED Republican Regulations For Fannie Mae & Freddie Mac in 2001, 2003, 2005!
    https://politicalvelcraft.org/2010/...for-fannie-mae-freddie-mac-in-2001-2003-2005/

    And as already noted Bush opposed the Democrats later reforms because they would have made matters worse and put them in deeper trouble, they didn't go FAR ENOUGH.

    So stop with the excuse making


    Facts can't be refuted no matter you specious claims.

    There was no recession until a year after the Democrats took back the Congress. They took the Congress in January the recession didn't start till the following December. Prove that wrong.
     
  21. Bluesguy

    Bluesguy Well-Known Member Donor

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    Correct, I wrote in Jeff Sessions.
     
  22. Bluesguy

    Bluesguy Well-Known Member Donor

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    It shows it headed South after the Democrats took the Congress and the balance of power in 2007 and that their HUGE spending increases and stimulus failed to get us into a full strong recovery with unemployment staying over 8% for for years and even when it started to fall the LFPR continued it's collapse and their taking the deficit from the last year Republican $161B to $1,400B with their failed stimulus. As I said you proved what I said not your fallacious nonsense.
     
  23. 61falcon

    61falcon Well-Known Member

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    If unemployment is 4% it has only gone down 0.7% since Dirty Donald became president on January 20,2017.The day he assumed office from Obama it was 4.7%??It had got down to 3.7% under Dirty Donald so you are claiming it has risen 0.3% recently????
     
  24. Bluesguy

    Bluesguy Well-Known Member Donor

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    Historical fact
    There was no recession until a year after the Democrats took back the Congress. They took the Congress in January the recession didn't start till the following December. Prove that wrong.

    Obama's $800B stimulus was supposed to hold unemployment to 8%. Refute it, what did he say it would hold it to? Geez Obama even admitted it failed are you claiming he was wrong.
     
  25. Shiva_TD

    Shiva_TD Progressive Libertarian Past Donor

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    The continuation of the ten years of economic growth and expansion. It's surprising that Trump hasn't already killed this like he's tried. with every other successful Obama initiative.
     

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