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Gift from OBAMA to TRUMP - A Vibrantly Strong U.S. Economy. Yes or No.

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posted on Dec, 5 2016 @ 02:30 PM
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What do ATS members think of this? President Obama feels that he is leaving the "Gift" of a Strong Economy to President Trump. One less thing for him to worry about.

Source 1: www.slate.com...

Source 2: money.cnn.com...

Depending on who to talk or listen to, the U.S. Economy is either STRONG, or barely limping along. What measure is the main determiner of America's economic strength??

-CareWeMust




posted on Dec, 5 2016 @ 02:34 PM
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a reply to: carewemust

It is a lot better than when it was handed to Obama. He worked very hard.

Sad, only for Republicans to trash again.


+20 more 
posted on Dec, 5 2016 @ 02:35 PM
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Right! If you believe Obama, I need to talk to you about some real estate that I have for sale in Brooklyn.



posted on Dec, 5 2016 @ 02:39 PM
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a reply to: carewemust

It's a lot better than in 2008 (that is undeniable); though I also think it is unstable and VERY easy to # up with the wrong policies. Wrong policies like trying to implement massive tariffs on imports.
edit on 5-12-2016 by Krazysh0t because: (no reason given)



posted on Dec, 5 2016 @ 02:41 PM
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It's probably true, since Clinton got the popular vote.

However, there are sufficient people who don't think the economy is better to give Trump the victory.


+7 more 
posted on Dec, 5 2016 @ 02:42 PM
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I'm sure many struggling part time and long term unemployed workers agree.

Especially because they can still qualify for public assistance !!

Some people are trembling at the thought of full time jobs !!



+7 more 
posted on Dec, 5 2016 @ 02:46 PM
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It's been artificially pumped so full of hot air that it will soon burst.

You can't have a freefall 0% interest from the fed feeding bankster criminals using fractional reserve lending for that many years and not expect a harsh snap back to reality at some point.

2008 was a cake walk compared to what's coming up next.



posted on Dec, 5 2016 @ 02:47 PM
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a reply to: carewemust

I call BS, seems like we'll have a horrible crash mid to late 2017. Obama has just set the stage to watch a potential fallout "because of Trump"

That's just my opinion though.


+4 more 
posted on Dec, 5 2016 @ 02:48 PM
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Just a quick question, for your question.

How can we have a "strong" economy, if more people than ever before are on some kind of assistance?

Or is that not true anymore?


+18 more 
posted on Dec, 5 2016 @ 02:53 PM
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originally posted by: reldra
a reply to: carewemust

It is a lot better than when it was handed to Obama. He worked very hard.

Sad, only for Republicans to trash again.


Almost as sad as your political bias.




posted on Dec, 5 2016 @ 02:55 PM
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It's not strong and that fact has nothing to do with who is the puppet ( POTUS ).

The U.S. government has no control over the economy, and hasn't since about December 23, 1913.

Trump will make as good of a scapegoat as Obama, and serve to divide and distract as the real powers-that-be continue their pillaging.


+3 more 
posted on Dec, 5 2016 @ 02:55 PM
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How much has the National Debt increased after taking inflation into consideration?

He's almost doubled it.



posted on Dec, 5 2016 @ 02:56 PM
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If the economy tanks in the next 4-8 years, are we all in agreement that its entirely Obama's fault?
TRUMP can only do good, so whatever happens at least it won't be his fault, amirite?



posted on Dec, 5 2016 @ 02:57 PM
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a reply to: carewemust

Because CNN and the mainstream media arent biased and dont lie.

Completely ridiculous that that 95% of the population are employed...

Even U6 is 10% and theres no meaningful way to calculate this number.

What we do know is that a record number of people have stopped looking for work.

The government counts these people as employed...


edit on 5-12-2016 by gladtobehere because: (no reason given)


+1 more 
posted on Dec, 5 2016 @ 02:59 PM
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If the economy is "strong", why are so many retailers going under, why are over 95million Americans out of the work force. The fed is propping up the stock market.



posted on Dec, 5 2016 @ 03:03 PM
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originally posted by: Echo007
If the economy is "strong", why are so many retailers going under, why are over 95million Americans out of the work force. The fed is propping up the stock market.


Got a source for that? Also, quantitative easing ended 2 years ago.



posted on Dec, 5 2016 @ 03:08 PM
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originally posted by: reldra
a reply to: carewemust

It is a lot better than when it was handed to Obama. He worked very hard.

Sad, only for Republicans to trash again.


It was fine when he took office. The free market worked. It crushed people you over leveraged themselves on home loans and the companies that lent them the money and tried to hide the risk of those loans.

Obama bailed everyone out. Nobody went to jail and he cranked up the printing press. He did nothing except punish responsible people and reward those than should have been punished. Economy sucks worse than ever. Labor participation rate is sickening.



posted on Dec, 5 2016 @ 03:12 PM
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why would a part time employ tremble at the thought of a full time job that payed and living wage .
Are you really foolish enough to believe some one would rather have 200 in stamps 500 $ in housing and the electric payed tehn 2,500 in cash a month?
when you have to work 3 part time jobs all paying 8$ an hour just to make bord I be a welfair queen of king as well.
People are such fools 45 million people are barly surviving on all this wonderful welfare your talking about .
I am 51 now and rember when a job meant factory work NO experience need right out of high school pushing buttons
10 $ 1985 health care dental care every one still had homes they bought two cars and food without welfare .
and you really think people should try living on a wage 2 $ a hour less 30 years later ?
welfare has destroyed the family welfare has taken every thing that a man can work to give a woman to have a family away from him and your surprised when his life has no meaning and he says teh hell with it ill take what i can get ?
See what would happen if jobs like this were teh norm and not just wallyworld dead end still receive welfare work .
Sure they all love being broke .



posted on Dec, 5 2016 @ 03:12 PM
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The easiest statistic to look at is are the Fed's discount and federal funds rates. Are they close to the private market rates? The answer is no. If the answer is no there is no recovery.
The debt needs to be liquidated, prices need to readjust. its strangling the world economy. But it can't, it is one thing to piss on private sector workers destroying industry. But .gov workers pensions are tied up in financial instruments, If we attempt to liquidate the debt say goodbye to all the pensions, all the 401ks all the roth IRA's. Every government would collapse on nearly every level.

tptb got their debt serfs.

Or maybe just maybe they are trying to keep this all afloat in the race to superhuman ai who will solve this in 10 years or so. It's doubtful but its hope.



posted on Dec, 5 2016 @ 03:13 PM
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originally posted by: reldra
It is a lot better than when it was handed to Obama. He worked very hard.

Sad, only for Republicans to trash again.


It's not just Republicans who regard the recovery from "The Great Recession" as pretty mediocre (at best). Yes, it's better than what it was, but what it was is a terrible metric by which to measure where it's at right now.

The reality is that we don't have that great of an economy right now--it's doing okay, but it's not great, and it's certainly not anything to scream about.

Funny thing--in that first article:

Though there are still far too many workers sitting out of the labor force, unemployment is down below 5 percent. Pay is rising; in fact, middle-class incomes shot up at their fastest pace on record in 2015.


The workers who have left the labor force is why the unemployment rate can be measured at being so low, but it's not really that low. Furthermore, hasn't Obama and the left been trying to tell us that the middle-class is shrinking away and that it barely exists anymore? What gives?

Is the economy doing great, or not? (it's not...it's okay, but not great)

Is the middle-class disappearing, or not? (It's not, and never really was)




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