if you want to argue or discuss your opinion that this country could be doing better economically, i can understand that notion. you seem to be completely incapable of saying that obama and his administration did at least a decent job with the recovery. different 1st world countries have struggled in areas in the last 5 years. while the U.S. has had a steady progression of recovery from 2008. so when you are not able to admit anything remotely positive (this is not where you chime in with some type of joke and waste time with some trivial thing obama has done well with) it makes it seem you and other people discussing this, you asking for facts and nothing anyone could link here, even an extensive academic article would do no good at all. and people just continue to spin their wheels. not able to concede anything worthwhile that obama or bush did that was good for this country. hell between talking to you and fill in the blank liberal poster here. between 8 years of bush from the liberal poster, and 8 years of obama from you we should be living close to anarchy and close to martial law at this point.
Weakest recovery in the history of the US. It's not enough to say "we recovered" - that always happens after a recession. You have to compare it to other recoveries, and this one has been uninspiring and fueled not by anything Obama did but rather the Fed's actions.
Fair point. After reviewing the data, this is the worst recovery since the 1940s. GREAT SUCCESS!! LOL. Just lol.
Double-dip recession in the 1980s called. There's like, a lot of inaccurate melodramatic words you're spewing and not a lot of numbers or facts. Care to make another revision?
LOL the strongest recovery in United States history, until it was derailed by another recession! XD You can stick with the NBER debate about business cycle continuation and upswings in indices in 80-81 (assuming you were even looking at that) to think you're right on something you had to concede on in the first place. Thanks for being a punch bag, texxx, as always
Thanks for confirming I was correct. So you believe this was a historically strong recovery? Is that your position? Just lol.
I believe it was a historically strong recovery for a financial crisis with significant income and deleveraging effects which underpinned the crucial moral and economic failures of various "free market" institutions. given that there have only been two financial crises of that caliber in American history, sign me up for saying yes but don't let your economic thinking that a recession that follows another recession is a "strong recovery" bend all the way over, and make me think we're in an actual economic debate!
And clearly, tax inversions would be a negative to American job and wage growth, but lowering corporate taxes wouldn't. keep on pumping the illogic texxx, and thank me for bumping this ramshackle of a thread
I actually don't think the policies of the Executive Office have a large influence on economic cycles, unless they did somehow promote Quantitative Easing. It does seem fairly evident though that 30 years of supply side economics legislation, tax breaks and internationalization hasn't worked for US wage earners. If corporate interests didn't own your Congressman it could just as easily pass laws to tax and repatriate profits to circulate it back into the US economy. After all they benefit from the US military and civil system. Maybe you could just tax corporations like Walmart on the profits they make from their workers that are on Federal Assistance.
It's incredibly rare that you see someone get utterly demolished in a thread as much as bigtexxx has in this thread. He made this thread 4 years ago and here it is in 2016 and he's still getting killed. This single thread perfectly encapsulates who bigtexxx is as a poster. If someone asked me what bigtexxx is all about, I'll just link them to this thread.
Do you ever wonder why he tosses out those softball positions? He's like the professor that asks pointed questions on an open book test so that you will arrive at the conclusion he actually wants you to understand.
LOL you must not understand what happens in inversions. Jobs leave to go overseas, and further, the companies lever up their internal debt onto their US entities to be able to pay less US taxes. If we revised the corporate tax code, we would at a minimum reverse the job losses, and potentially collect more US taxes at the same time. You don't even understand the basics, pal. I love owning you. Scoreboard for today: 1. I schooled you that this has been a very weak economic recovery by historic standards. (then you trotted out a variety of non-compelling excuses) 2. You showed that you don't even understand the basics of corporate inversions and why they are bad for America. You, sir, have been utterly pwn3d today.
...and here comes the liberal pile-on crew to try to save poor Northside Storm! Help him! His boat is taking on water!
Well it looks like profit margins have peaked. Not really a great sign for the economy and it increases the odds of recession.
Again, I didn't say anything about that. I accurately stated that there is no evidence that tax rates have any link whatsoever with GDP.
