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U.S. Household Income Grew 5.2 Percent in 2015, Breaking Pattern of Stagnation

#23

Quote:Correct me if I'm wrong, but wasn't the trillion dollar war effort under bush not booked?  

 

As for the economy under bush, it was a bubble that rightly popped.  The outsourcing of america and the housing corruption was already taking it's toll by 2006.  I remember it very clearly.  It all came to a head, rightly so, under Bush, since it was his policies that caused it.

 

It's just nice to see the economy gaining speed for American Workers.  I'm sure we're all happy that Americans are doing better under Obama.  
 

That's false.

 

The housing bubble started back in the 90's when sub-prime lending started.  It only accelerated in the 2000's even though the Bush Administration tried to stop it.  Remember Barney Frank declaring that Fannie Mae and Freddy Mac were just fine?

 

 

Quote:As a Keynesian, the stimulus was exactly the right thing to do and the fact that the economy isn't in shambles right now proves it. The stimulus should have been larger in terms of investment in infrastructure and would have helped workers faster and at higher levels.


As a libertarian, a agree that the bank bailouts should not have happened. As an American/Nationalist the auto bailouts were the right move.


At the end of the day, you're right that we're not whole yet. But you can't deny we are on the right track.
 

Again wrong.  Had those particular banks failed it would have taken not only the U.S. economy down, but also the world economy.  The auto bailouts were wrong as was the failed "Cash for Clunkers" program.



There are 10 kinds of people in this world.  Those who understand binary and those who don't.
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U.S. Household Income Grew 5.2 Percent in 2015, Breaking Pattern of Stagnation - by jagibelieve - 09-14-2016, 02:57 PM



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