How GW Bush destroyed US economy

[brocktonblockbust]

Actually the destruction of Wall street happened under Clinton. lolol... he was the one that deregulated.

yes he started that shit, right. But Bush took it to LEVELS UNHEARD OF.

[SlimTrae]

Actually the destruction of Wall street happened under Clinton. lolol... he was the one that deregulated.

Interesting take. I know I hold Clinton accountable for the NAFTA. LIke Bush's no child left behind act? Thats how I see NAFTA no jobs left behind act. In the end it was like we went from one scam to another: internet.boom-slash-bust to the housing boom slash bust. Total meltdown into a recession in 2000.

But..Only in America can a person call a woman a hoe, while rhyming words calling it rap music & make millions. Put on black makeup with 6 inch platform shoes , bite your tongue till fake blood oozes out..and get called a great American rock band (KISS). Become a celebrity overnight for cooking a dish on national telivision.

Only in America can a hoodlum learn to Bounce a basketball & do a 360 degree no-look dunk & get rewarded a hundred million. Drive cars in a circle & call it a sport (NASCAR)making millions.
Only in America can a doctor, teacher and soldier make minimum wage, while a rocksstar, pornstar & poker player make hundreds of thousands per performance.

Only in America can a millionaire lose their whole savingsby the end of day to the sound of a bell on Wall Street, while a broke as mofo spends their last dollar on a lottery ticket & wins 200 million.

America is the greatest-wonderful-most fucked-up, racist, atheist,christian-loving, crackpot place of benefits & detriments all rolled up into one.
Only in America where whites praise in the white churches -blacks in their churches, Hispanic in their own- speaking not a damn lick of english, then as soon as we worship God in our own racist domain- we come together at Lambea field the Lakers colliseum and root for athletes as one big schizo-happy family.

Truly there is no place on earth that can reward a person like America. Truly there is no place on earth that can strip everything away in the blink of an eye- like America.
Never was & will never be another place like America.

America is everything to love & loathe @ the same time.

[El Kabong]

No Child Left Behind was a "bipartisan" effort, W allied with Ted "DUI" Kennedy to pass that shit storm.......Common Core is even worse though, holy shit is that a bad way to teach kids.

IMO the teaching of children needs to be left for qualified teachers and developmental psychologists to figure out because politicians sure as fuck know nothing about it.



Also I wouldn't be shocked if we're headed towards another '.com' bubble as lots of stocks for these websites operate regardless of whether or not they produce anything....Facebook, Twitter....they produce nothing, Google doesn't even produce anything now that Google Glasses are done,

[brocktonblockbust]

Actually the destruction of Wall street happened under Clinton. lolol... he was the one that deregulated.

Interesting take. I know I hold Clinton accountable for the NAFTA. LIke Bush's no child left behind act? Thats how I see NAFTA no jobs left behind act. In the end it was like we went from one scam to another: internet.boom-slash-bust to the housing boom slash bust. Total meltdown into a recession in 2000.

But..Only in America can a person call a woman a hoe, while rhyming words calling it rap music & make millions. Put on black makeup with 6 inch platform shoes , bite your tongue till fake blood oozes out..and get called a great American rock band (KISS). Become a celebrity overnight for cooking a dish on national telivision.

Only in America can a hoodlum learn to Bounce a basketball & do a 360 degree no-look dunk & get rewarded a hundred million. Drive cars in a circle & call it a sport (NASCAR)making millions.
Only in America can a doctor, teacher and soldier make minimum wage, while a rocksstar, pornstar & poker player make hundreds of thousands per performance.

Only in America can a millionaire lose their whole savingsby the end of day to the sound of a bell on Wall Street, while a broke as mofo spends their last dollar on a lottery ticket & wins 200 million.

America is the greatest-wonderful-most fucked-up, racist, atheist,christian-loving, crackpot place of benefits & detriments all rolled up into one.
Only in America where whites praise in the white churches -blacks in their churches, Hispanic in their own- speaking not a damn lick of english, then as soon as we worship God in our own racist domain- we come together at Lambea field the Lakers colliseum and root for athletes as one big schizo-happy family.

Truly there is no place on earth that can reward a person like America. Truly there is no place on earth that can strip everything away in the blink of an eye- like America.
Never was & will never be another place like America.

America is everything to love & loathe @ the same time.

that is penis-sucking motherfucking puppy-chucking kitten-fucking CORRECT-O-MUNDO!!!

[Kirkland Laing]

http://rt.com/usa/238697-americans-labor-jobs-report/

The US economy is in terrible shape. The number of people out of work is at monumental levels, those in work are increasingly in PT McD style jobs, the national debt is ballooning, and this is all at historically low interest rates. If they couldn't get their shit together at zero interest rates, then they are never going to rise.

National debt is not ballooning. America's debt;GDP ratio is stable and actually falling slightly.

Also, too.

[Master]

I thought Reagan destroyed it before him?

[brocktonblockbust]

I thought Reagan destroyed it before him?

he DID. He practiced Keynesian economics which is supply-side bullshit, it gave a quick pump from '83 to '87 and then it fell flat on its face in '87. Had a recession all the way til Clinton lucked out with the internet and .com shit.

[SlimTrae]

@Kirkland Can you find a bigger damn chart? Damn dude!

[Gandalf]

http://rt.com/usa/238697-americans-labor-jobs-report/

The US economy is in terrible shape. The number of people out of work is at monumental levels, those in work are increasingly in PT McD style jobs, the national debt is ballooning, and this is all at historically low interest rates. If they couldn't get their shit together at zero interest rates, then they are never going to rise.

National debt is not ballooning. America's debt;GDP ratio is stable and actually falling slightly.

Also, too.

You watch too much CNBC. Probably have a little Obama badge and an Apple watch on order too. Stop listening to the government.

[Kirkland Laing]

You watch too much CNBC. Probably have a little Obama badge and an Apple watch on order too. Stop listening to the government.

I don't watch TV other than sport. I definitely don't watch CNBC. I do have a documented track record on this forum of being right about economics and finance over the past eight years unlike some other people.

You're listening to Russian propaganda which is as weirdly bad now as it was when the Cominterm and Pravda were telling the west how communism was kicking capitalism's arse back during the cold war. Stop listening to the Russian government.

[Kirkland Laing]

@Kirkland Can you find a bigger damn chart? Damn dude!

Sorry. The website where you make the charts is playing up.

[Kirkland Laing]

I thought Reagan destroyed it before him?

he DID. He practiced Keynesian economics which is supply-side bullshit, it gave a quick pump from '83 to '87 and then it fell flat on its face in '87. Had a recession all the way til Clinton lucked out with the internet and .com shit.

Keynesian theory and supply side theory are not the same thing, o international finance graduate.

[pacfan]

I thought Reagan destroyed it before him?

They had a new monster called stagflation to deal with during those days...
but it had nothing to do with those porny things, just some stupid economics...

National debt is not ballooning. America's debt;GDP ratio is stable and actually falling slightly.

Also, too.

Yo, ol' mate. I've been missing the days when we used to talk a lot of sense around here. Now I'm trying to look for even just a semblance of it in here...

[brocktonblockbust]

I thought Reagan destroyed it before him?

he DID. He practiced Keynesian economics which is supply-side bullshit, it gave a quick pump from '83 to '87 and then it fell flat on its face in '87. Had a recession all the way til Clinton lucked out with the internet and .com shit.

Keynesian theory and supply side theory are not the same thing, o international finance graduate.

I meant to say in response to Keynesian economics. But O Kirkland perhaps you are missing that if the result of changes to the tax structure is a fiscal deficit then the 'supply-side' policy is effectively stimulating demand through the Keynesian multiplier effect.