More Bad Economic News....Even More Americans Working, Wages Rising..

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*GHETTO BLASTER
9 Jun 2024 12:17 pm
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Blackvegetable » 09 Jun 2024, 6:11 am » wrote: ↑ They're revised up, and they are revised down.

Say something stupid, Goofy...

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*GHETTO BLASTER
9 Jun 2024 12:37 pm
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As usual you've debunked nothing and have only managed to waste my time with another one of your totally worthless **** posts.    Image  
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Blackvegetable
9 Jun 2024 12:40 pm
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GHETTOBLASTER » 09 Jun 2024, 12:37 pm » wrote: ↑ As usual you've debunked nothing and have only managed to waste my time with another one of your totally worthless **** posts.    Image
Think about it.....

That's ALL it takes.

It's not a conspiracy..
 
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Zeets2
10 Jun 2024 8:53 am
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GHETTOBLASTER » 08 Jun 2024, 11:06 am » wrote: ↑ Thanks for taking the time to  provide an Insider's look at how producers of goods and services responded to what you guys could plainly see as the "Writing on the Wall" 
We don't expect someone [like BV] who's never even run a Kool Aid Stand to accept your truthful and well documented post as fact.  
I always enjoy reading your posts that give an "Insider's look" at how political policy and agenda affected your business decisions. I'd rather hear it from you than the from the [[[MSM]]].
Also...thanks for being a producer of Made in America products and for providing jobs for your fellow man.   Image
Thanks GB!
Useless libs like BV have no idea how business owners and the economy operate, yet he pretends to be an expert.
And that's the perfect example of how virtually every Democrat politician has the same lack of understanding, yet they all think they're qualified to impose regulations, taxes, and conditions on business owners to try to control them, always doing more harm than good, as Obama proved beyond any doubt.  

BV simply can't stand it when he's shown facts on how his black messiah caused the great recession, just as he hates it when Biden's open borders have proven to bring great harm to the country.
 
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Zeets2
10 Jun 2024 9:12 am
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LowIQTrash » 08 Jun 2024, 10:35 am » wrote: ↑ The crash was triggered by toxic loans bundled as assets and shuffled among banks. When consumers couldn't service debts the banks imploded and credit stopped flowing.

How is that Obama's fault?
I never made ANY claims that Obama didn't inherit a recession.  He did.  My conclusion is simply that Obama's actions as soon as he took office turned a normal, cyclical recession into the GREAT recession, and that's based on how I responded with my own business to his new regulations and his obvious hatred for businesses.  Need examples?  There were plenty!  Go look at his conversation with Joe the Plumber where he told him he would "spread that wealth (Joe's profits) around", or how he told business owners like myself, "You didn't build that (business)".  Then go check out how business owners reacted to his lies about how great Obamacare would be, and you'll have some clue as to the damage that idiot did to the country!

Is there any doubt in your mind that the roughly 165,000 businesses that went bankrupt or the 4.3 million personal bankruptcies in Obama's first 3 years in office did not result from other business owners doing exactly what I did to survive Obama's Great Recession, or that those businesses who could not do as I did were the ones who lost everything and filed for bankruptcy? 
 
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golfboy
17 Jun 2024 8:41 pm
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Blackvegetable » 09 Jun 2024, 6:11 am » wrote: ↑ They're revised up, and they are revised down.

Say something stupid, Goofy...
They're always revised down for the last 2 years. 
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Blackvegetable
18 Jun 2024 5:22 am
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golfboy » 17 Jun 2024, 8:41 pm » wrote: ↑ They're always revised down for the last 2 years.
You'te lying..

Stop making **** up.
 
 
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LowIQTrash
18 Jun 2024 2:33 pm
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Zeets2 » 10 Jun 2024, 9:12 am » wrote: ↑ I never made ANY claims that Obama didn't inherit a recession.  He did.  My conclusion is simply that Obama's actions as soon as he took office turned a normal, cyclical recession into the GREAT recession, and that's based on how I responded with my own business to his new regulations and his obvious hatred for businesses.  Need examples?  There were plenty!  Go look at his conversation with Joe the Plumber where he told him he would "spread that wealth (Joe's profits) around", or how he told business owners like myself, "You didn't build that (business)".  Then go check out how business owners reacted to his lies about how great Obamacare would be, and you'll have some clue as to the damage that idiot did to the country!

Is there any doubt in your mind that the roughly 165,000 businesses that went bankrupt or the 4.3 million personal bankruptcies in Obama's first 3 years in office did not result from other business owners doing exactly what I did to survive Obama's Great Recession, or that those businesses who could not do as I did were the ones who lost everything and filed for bankruptcy?
When a recession begins, the debt spiral takes a certain amount of time to play out.

The only course to reverse such a recession quickly is to inject money directly into the economy and relieve the debt burdens upon consumers as well as SMB owners like yourself. 

Ironically, Obama was actually against this idea and supported a very modest stimulus package (which was minimally effective at best). Personally I think it would be easier to write off $X amount of debt off every citizen adult and those with no debt can get a tax credit over say 3-4 years, but if you recall the Rethugs were the ones screaming about da NashUn-OLE deBT. 

His regulations that you complain about didn’t take effect until long after the recession was over. 
 
I did NOT vote for Obama nor was I one of his libRuL supporters - all I can say is you are letting your bias dictate that it was his fault when it wasn’t.

There was too much toxic, unpayable liabilities built up in the financial sector that spilled into every other sector, which caused businesses like yours to cut back. It’s that simple. 
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golfboy
19 Jun 2024 7:19 pm
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Blackvegetable » 18 Jun 2024, 5:22 am » wrote: ↑ You'te lying..

Stop making **** up.
Facts suck when you're a liberal. 
Receipts:  The Biden Admin Has Overcounted New Jobs Almost Every Single Month This Year

 
 
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Zeets2
20 Jun 2024 8:49 am
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LowIQTrash » 18 Jun 2024, 2:33 pm » wrote: ↑ When a recession begins, the debt spiral takes a certain amount of time to play out.

The only course to reverse such a recession quickly is to inject money directly into the economy and relieve the debt burdens upon consumers as well as SMB owners like yourself. 

His regulations that you complain about didn’t take effect until long after the recession was over. 
 
 all I can say is you are letting your bias dictate that it was his fault when it wasn’t.
The average length of time a recession lasts is 10 months.
Obama's Great Recession lasted 18 months, nearly double that.

Beyond that you've either missed or completely ignored the reasons it lasted so long.
Just look at the campaign promises that Obama made leading up to the 2008 election.
THIS is what business owners like myself heard in those months:
Obama promised a takeover of our healthcare insurance system.  The fact that he didn't actually get it done for several years was irrelevant, since his promise to do so had a dramatic effect on how business owners were going to be hurt by it.
Obama promised to introduce a cap and trade program that would have severely raised costs for all businesses, but especially those in manufacturing as my factory was.
Obama promised to reduce oil consumption by 2 million barrels per day and make all new buildings carbon neutral, or produce zero emissions.
Obama promised to eliminate special interest business deductions.
Obama promised to raise the U.S. minimum wage and index it to inflation.
Obama promised to reform bankruptcy laws.
Obama promised to expand the Family Medical Leave Act and make businesses foot the bill.
Obama promised to support mandating flexible work schedules for businesses.
Obama promised to end business tax breaks for doing business overseas.

Add to all that his promise to Joe the plumber that he would "spread the wealth around" which was nothing but pure socialism.
Then he continued to attack business owners like myself with claims that "You didn't build that", which was a clear expression of the hatred he had for business owners in an attempt to instigate class warfare.

Those promises and more told me and virtually every other business owner that in order for my company to survive, I had better take extreme measures to protect it if Obama were elected.  And that's exactly what we did between Election day and the day in January he took power.  Just look at the number of job losses the country suffered between November 2008 and January of 2009.  Most business owners took the exact same steps as I did immediately after Election day because we all knew exactly what was coming; an immediate scapegoating of businesses like mine.  So I immediately cut production right after Election day to reduce inventory, and then laid off two workers in December.  I cancelled production on a new product line and cancelled the pending purchase of new machinery and equipment I had just ordered.  I eliminated our R&D, and ended all overtime for my workers, and drastically reduced end of year bonuses for my employees.  And my conversations with both my customers and my suppliers indicated they were all doing the same things as I was wherever possible.

THOSE actions are precisely what caused a normal, cyclical recession to become a GREAT recession, for which Obama was fully to blame.  Need more proof?  There was not ONE SINGLE NEWS SOURCE OR POLITICIAN anywhere in the country who referred to the recession as "Great" PRIOR TO OBAMA'S ELECTION.

But of course, Democrats and liberals alike could NEVER blame their black messiah from being the cause of it, DESPITE all the evidence!
 
 
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Blackvegetable
20 Jun 2024 9:57 am
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Zeets2 » 20 Jun 2024, 8:49 am » wrote: ↑ The average length of time a recession lasts is 10 months.
Obama's Great Recession lasted 18 months, nearly double that.

Beyond that you've either missed or completely ignored the reasons it lasted so long.
Just look at the campaign promises that Obama made leading up to the 2008 election.
THIS is what business owners like myself heard in those months:
Obama promised a takeover of our healthcare insurance system.  The fact that he didn't actually get it done for several years was irrelevant, since his promise to do so had a dramatic effect on how business owners were going to be hurt by it.
Obama promised to introduce a cap and trade program that would have severely raised costs for all businesses, but especially those in manufacturing as my factory was.
Obama promised to reduce oil consumption by 2 million barrels per day and make all new buildings carbon neutral, or produce zero emissions.
Obama promised to eliminate special interest business deductions.
Obama promised to raise the U.S. minimum wage and index it to inflation.
Obama promised to reform bankruptcy laws.
Obama promised to expand the Family Medical Leave Act and make businesses foot the bill.
Obama promised to support mandating flexible work schedules for businesses.
Obama promised to end business tax breaks for doing business overseas.

Add to all that his promise to Joe the plumber that he would "spread the wealth around" which was nothing but pure socialism.
Then he continued to attack business owners like myself with claims that "You didn't build that", which was a clear expression of the hatred he had for business owners in an attempt to instigate class warfare.

Those promises and more told me and virtually every other business owner that in order for my company to survive, I had better take extreme measures to protect it if Obama were elected.  And that's exactly what we did between Election day and the day in January he took power.  Just look at the number of job losses the country suffered between November 2008 and January of 2009.  Most business owners took the exact same steps as I did immediately after Election day because we all knew exactly what was coming; an immediate scapegoating of businesses like mine.  So I immediately cut production right after Election day to reduce inventory, and then laid off two workers in December.  I cancelled production on a new product line and cancelled the pending purchase of new machinery and equipment I had just ordered.  I eliminated our R&D, and ended all overtime for my workers, and drastically reduced end of year bonuses for my employees.  And my conversations with both my customers and my suppliers indicated they were all doing the same things as I was wherever possible.

THOSE actions are precisely what caused a normal, cyclical recession to become a GREAT recession, for which Obama was fully to blame.  Need more proof?  There was not ONE SINGLE NEWS SOURCE OR POLITICIAN anywhere in the country who referred to the recession as "Great" PRIOR TO OBAMA'S ELECTION.

But of course, Democrats and liberals alike could NEVER blame their black messiah from being the cause of it, DESPITE all the evidence!
The average length of time a recession lasts is 10 months.
Obama's Great Recession lasted 18 months, nearly double that.
It was 13 when Obama was sworn in, you cretinous douche.
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Blackvegetable
20 Jun 2024 9:58 am
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Zeet,

No more dodging.


You gotta name the ****, **** college...
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Zeets2
20 Jun 2024 10:08 am
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Blackvegetable » 20 Jun 2024, 9:57 am » wrote: ↑ It was 13 when Obama was sworn in, you cretinous douche.
And in WHICH OF THOSE MONTHS WAS IT EVER REFERRED TO AS A "GREAT" RECESSION, nitwit?
 
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Zeets2
20 Jun 2024 10:10 am
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Blackvegetable » 20 Jun 2024, 9:58 am » wrote: ↑ Zeet,

No more dodging.

You gotta name the ****, **** college...
Still keeping you up nights wondering how it could be that your vaunted ivy league education could possibly be SO inferior to mine, isn't it!   :rofl:   :clap:   :die:  
 
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LowIQTrash
20 Jun 2024 10:30 am
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Zeets2 » 20 Jun 2024, 8:49 am » wrote: ↑ The average length of time a recession lasts is 10 months.
Obama's Great Recession lasted 18 months, nearly double that.

Beyond that you've either missed or completely ignored the reasons it lasted so long.
Just look at the campaign promises that Obama made leading up to the 2008 election.
THIS is what business owners like myself heard in those months:
Obama promised a takeover of our healthcare insurance system.  The fact that he didn't actually get it done for several years was irrelevant, since his promise to do so had a dramatic effect on how business owners were going to be hurt by it.
Obama promised to introduce a cap and trade program that would have severely raised costs for all businesses, but especially those in manufacturing as my factory was.
Obama promised to reduce oil consumption by 2 million barrels per day and make all new buildings carbon neutral, or produce zero emissions.
Obama promised to eliminate special interest business deductions.
Obama promised to raise the U.S. minimum wage and index it to inflation.
Obama promised to reform bankruptcy laws.
Obama promised to expand the Family Medical Leave Act and make businesses foot the bill.
Obama promised to support mandating flexible work schedules for businesses.
Obama promised to end business tax breaks for doing business overseas.

Add to all that his promise to Joe the plumber that he would "spread the wealth around" which was nothing but pure socialism.
Then he continued to attack business owners like myself with claims that "You didn't build that", which was a clear expression of the hatred he had for business owners in an attempt to instigate class warfare.

Those promises and more told me and virtually every other business owner that in order for my company to survive, I had better take extreme measures to protect it if Obama were elected.  And that's exactly what we did between Election day and the day in January he took power.  Just look at the number of job losses the country suffered between November 2008 and January of 2009.  Most business owners took the exact same steps as I did immediately after Election day because we all knew exactly what was coming; an immediate scapegoating of businesses like mine.  So I immediately cut production right after Election day to reduce inventory, and then laid off two workers in December.  I cancelled production on a new product line and cancelled the pending purchase of new machinery and equipment I had just ordered.  I eliminated our R&D, and ended all overtime for my workers, and drastically reduced end of year bonuses for my employees.  And my conversations with both my customers and my suppliers indicated they were all doing the same things as I was wherever possible.

 
The funny thing is if Obama did half the things he said on the campaign trail, progressive pundits would have been slobbering all over him instead of condemning him for being a “pro Wall St” shill.
(Which they DID condemn him for)

Maybe you missed the fact that Occupy Wall St happened under OBAMA, not Bush? 

The ACA was also condemned by the progressive left as being another insurance company handout instead of some “positive step” toward UHC.

Also you cannot blame the ACA when it didn’t even go into effect until 2011 (IIRC, might have been 2012). 

The one part of your post that may have some merit is how much of a damaging effect those regulations had. Generally speaking textbook economics will say higher regulations reduce supply, but my understanding is whatever negative outcomes you attribute to Obama was macroeconomic in nature as opposed to specific laws that made doing business more costly.
 
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Cannonpointer
20 Jun 2024 10:45 am
20 Jun 2024 10:45 am
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98% Macho Man
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Blackvegetable » 07 Jun 2024, 12:04 pm » wrote: ↑ More Bad Economic News....Even More Americans Working, Wages Rising.
PSA: THE ABOVE DRIVEL EMANATES FROM THE SAME FACTVERSE WHEREIN BRUCE JENNER IS A WOMAN AND FLORIDA IS SUPPOSED TO HAVE BEEN UNDER THE WAVES FOR MORE THAN 20 YEARS - THE SAME FACTVERSE WHEREIN LIA(R) THOMAS BELONGS ON THE STARTING BLOCKS AND IN THE SHOWERS WITH HIS FEMALE OPPONENTS - THE SAME FACTVERSE WHEREIN IT WOULD BE APPROPRIATE FOR THE GOVERNMENT TO SHOOT CITIZENS FOR NOT PARTICIPATING IN MEDICAL EXPERIMENTS.

End of communique. Image
 
When you complain, ur friends roll their eyes and ur enemies rejoice

"Because I SAY I am" is a todler's tantrum, not "science"

You cannot betray me - only yourself, to me.

Who cuts off your dick is not a friend

An opinion you won't defend is not your own

Humanity's Law of the Jungle: Survival NOT of the fittest, but of the tribe

When peeing in the pool, stand on the edge

If gender is not sex, why should a gender claim change what sex you shower with?
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Blackvegetable
20 Jun 2024 10:50 am
20 Jun 2024 10:50 am
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Cannonpointer » 20 Jun 2024, 10:45 am » wrote: ↑ PSA: THE ABOVE DRIVEL EMANATES FROM THE SAME FACTVERSE WHEREIN BRUCE JENNER IS A WOMAN AND FLORIDA IS SUPPOSED TO HAVE BEEN UNDER THE WAVES FOR MORE THAN 20 YEARS - THE SAME FACTVERSE WHEREIN LIA(R) THOMAS BELONGS ON THE STARTING BLOCKS AND IN THE SHOWERS WITH HIS FEMALE OPPONENTS - THE SAME FACTVERSE WHEREIN IT WOULD BE APPROPRIATE FOR THE GOVERNMENT TO SHOOT CITIZENS FOR NOT PARTICIPATING IN MEDICAL EXPERIMENTS.

End of communique. Image
FROM THE SAME FACTVERSE WHEREIN BRUCE JENNER IS A WOMAN
that's Bruce, and entirely her business
 
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Zeets2
20 Jun 2024 10:58 am
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LowIQTrash » 20 Jun 2024, 10:30 am » wrote: ↑ The funny thing is if Obama did half the things he said on the campaign trail, progressive pundits would have been slobbering all over him instead of condemning him for being a “pro Wall St” shill.
(Which they DID condemn him for)

Maybe you missed the fact that Occupy Wall St happened under OBAMA, not Bush? 

The ACA was also condemned by the progressive left as being another insurance company handout instead of some “positive step” toward UHC.

Also you cannot blame the ACA when it didn’t even go into effect until 2011 (IIRC, might have been 2012). 

The one part of your post that may have some merit is how much of a damaging effect those regulations had. Generally speaking textbook economics will say higher regulations reduce supply, but my understanding is whatever negative outcomes you attribute to Obama was macroeconomic in nature as opposed to specific laws that made doing business more costly.
Use your head for a second.

How would a business owner like myself know which of Obama's campaign policies we should have ignored as lies when we were told them repeatedly for months prior to the election?  His words had consequences, and the actions that businesses like mine took were based on those promises, NOT ON WHAT WAS ACTUALLY ENACTED, and I was not about to wait 3 months after Election day to immediately begin cost-cutting measures that allowed my business to survive while thousands of others were going broke!  And the Occupy Wall St. **** had ZERO effect on any of the economic decisions I made after Obama was elected.  I couldn't give two **** about what progressives and liberals were angry with Obama about as it had no effect on my business.

Here are the monthly job losses between Election day and January when he was inaugurated, as well as for the rest of 2009:
November 2008: 533,000 jobs lost
December 2008: 524,000 jobs lost

Job Losses By Month 2009:
January 2009: 650,000 jobs lost (including 64,500 on Bloody Monday)
February 2009: 651,000 jobs lost
March 2009: 663,000 jobs lost
April 2009: 539,000 jobs lost
May 2009: 345,000 jobs lost
June 2009: 467,000 jobs lost
July 2009: 247,000 jobs lost
August 2009: 216,000 jobs lost
September 2009: 263,000 jobs lost
October 2009: 190,000 jobs lost
November 2009: 11,000 jobs lost
December 2009: 85,000 jobs lost
You think we should have waited to see which ones would actually be invoked and risked the survival of our business and our livelihood?  How many of the tens of thousands of businesses chose to do that and ended up going broke and putting millions  more our of work AFTER he was elected and began implementing his radical economic polices?  Granted is the fact that he wasn't able to get Obamacare passed for his first several years, but why should a business owner have waited for the inevitable after hearing his lies about it month after month in 2009?  The fact is that I DID NOT cancel my employee's healthcare insurance in my company until AFTER Obamacare legislation was passed, and I was told that the plan I had DID NOT QUALIFY FOR ACCEPTANCE since it did not cover abortion costs, completely unneeded due to the fact that the only female I had working at that time was a 60+ year old secretary. 

Those are the reasons that Obama's stupidity CAUSED the recession to become "GREAT", whether liberals and Democrats care to admit it or not! 
 
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Cannonpointer
20 Jun 2024 11:03 am
20 Jun 2024 11:03 am
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98% Macho Man
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Blackvegetable » 20 Jun 2024, 10:50 am » wrote: ↑ that's Bruce, and entirely her business
Of course it is, pookie. ANd you will fight to the death for his right to invade your daughter's shower. 

You just won't say that **** in front of HER. You'll go quiet-weasel like your girlfriend did.  :rofl:   :rofl:   :rofl:  
When you complain, ur friends roll their eyes and ur enemies rejoice

"Because I SAY I am" is a todler's tantrum, not "science"

You cannot betray me - only yourself, to me.

Who cuts off your dick is not a friend

An opinion you won't defend is not your own

Humanity's Law of the Jungle: Survival NOT of the fittest, but of the tribe

When peeing in the pool, stand on the edge

If gender is not sex, why should a gender claim change what sex you shower with?
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