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Obama economy gets highest score in 26 years - 1 in 10 workers now live on unicorn farts
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msnbc.msn.com
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006andahalf
2009-07-02 10:29:35 AM
So he's the new Reagan? That qualifies him for canonization.
Slaxl
2009-07-02 11:22:46 AM
If they're not working they're not workers, therefore there is a 100% employment rate amongst the workers. Good going.
Eddie Adams from Torrance
2009-07-02 11:26:34 AM
Obama has been President for almost 6 months and he STILL hasn't fixed the economy.
WTF is this guy's problem?
Worst President EVAR!
sepuku2
2009-07-02 11:31:35 AM
If laid-off workers who have given up looking for new jobs or have settled for part-time work are included, the unemployment rate would have been 16.5 percent in June,
That's the reality of it.
Code_Archeologist
2009-07-02 12:00:50 PM
sepuku2
:
If laid-off workers who have given up looking for new jobs or have settled for part-time work are included, the unemployment rate would have been 16.5 percent in June,
That's the reality of it.
Yep, and it is likely to keep going for another 3-4 months before it bottoms out. This recession had quite a bit of downward momentum to it when it fell off the cliff back in September of last year.
2wolves
2009-07-02 12:28:32 PM
Code_Archeologist
:
sepuku2: If laid-off workers who have given up looking for new jobs or have settled for part-time work are included, the unemployment rate would have been 16.5 percent in June,
That's the reality of it.
Yep, and it is likely to keep going for another 3-4 months before it bottoms out. This recession had quite a bit of downward momentum to it when it fell off the cliff back in September of last year.
We are just now getting the leading edge of CRE loan defaults, small business bankruptcy is climbing like a mofo, and another round of jumbos is about to hit. I'd say another 11 to 14 months before we see the bottom.
MaxxLarge
2009-07-02 02:05:28 PM
Easy, pal. Bush had to work his ass off for almost his whole two terms to f*ck the economy up beyond description. It took plenty of rich-asshole tax cuts, two money-pit, exit-strategy-free foreign wars, complete negligence while a natural disaster wiped half a major American city clean off the map, and total ignorance of intelligence briefings leading to a significant terrorist attack on a financial center to bring the wealthiest country in the world to its knees.
That kind of crap is hard to undo overnight,
Subby.
Not that you'd be able to see that while you're busy checking out the view from the inside of your own colon like that. So give it time.
Chearl
2009-07-02 02:25:25 PM
We would have all been millionaires by now had McCain won.
Cog
2009-07-02 02:26:48 PM
This'll happen when you confuse stimulus with pork.
Joliet_Jake
2009-07-02 03:58:14 PM
Unemployment is a lagging indicator, and it tends to lag 6 months behind. We're just now getting to the numbers reflecting the tail end of the Bush recession. Jesus, you whargarblers don't even read the whargarble economists writings, do you?
portscanner
2009-07-02 03:59:07 PM
Came here for the but, but, but, but Bush!!!
Left satisfied.
Fart_Machine
2009-07-02 03:59:29 PM
Chearl
:
We would have all been millionaires by now had
McCain
Ron Paul won.
Ron Paul
/
Ron Paul
DarnoKonrad
2009-07-02 04:00:08 PM
I'm sure the loyal opposition will put forth a comprehensive plan for getting us out of this mess that Obama's trying to deal with. Perhaps a color glossy pamphlet with smiling people and a suggestion to cut taxes for the wealthy.
RemyDuron
2009-07-02 04:00:09 PM
US Troops pull out of Iraq: "That was GEORGE W. BUSH's doing! Nothing to do with Obama at all!"
Economy sucks: "Obama is president now, it has all been his fault from the minute he got into office!"
Consistency is all I ask. . .
moralpanic
2009-07-02 04:00:14 PM
Seeing as it took almost 8 years to break the economy, i think it's gonna take a little longer than 6 months to fix it. Generally it's a lot easier to break something than to fix it.
p-e-t-e
2009-07-02 04:00:18 PM
It's a shame all the stimulus spending is designed to occur in 2010 (I'm sure just a coincidence around mid-term elections) rather than with speed and urgency that Obama requested.
Thanks, congress!
Darth Mewling
2009-07-02 04:00:31 PM
*spits kool-aid everywhere*
Amatukaze
2009-07-02 04:00:35 PM
Fart_Machine
:
Chearl: We would have all been millionaires by now had McCain Ron Paul won.
Ron Paul
/Ron Paul
I thought it was RON PAUL
!
you are a puppet
2009-07-02 04:01:29 PM
Sigh. When Bush was in office I had it all. Then Obama became president, and I lost it all, millions, overnight. I now have nothing except this computer, which I use to tell the world my story.
Car_Ramrod
2009-07-02 04:01:49 PM
portscanner
:
Came here for the but, but, but, but Bush!!!
Left satisfied.
Seriously. Bush isn't in office anymore, guys. He has no relevency to what's happening. It's all Barry. Sorry you got duped.
DGS
2009-07-02 04:02:20 PM
MaxxLarge
:
Easy, pal. Bush had to work his ass off for almost his whole two terms to f*ck the economy up beyond description. It took plenty of rich-asshole tax cuts, two money-pit, exit-strategy-free foreign wars, complete negligence while a natural disaster wiped half a major American city clean off the map, and total ignorance of intelligence briefings leading to a significant terrorist attack on a financial center to bring the wealthiest country in the world to its knees.
That kind of crap is hard to undo overnight, Subby. Not that you'd be able to see that while you're busy checking out the view from the inside of your own colon like that. So give it time.
This.
/Newsletter?
//Subscription!
portscanner
2009-07-02 04:02:54 PM
Amatukaze
:
Fart_Machine: Chearl: We would have all been millionaires by now had McCain Ron Paul won.
Ron Paul
/Ron Paul
I thought it was
RON
RU PAUL!
FTFY
Larofeticus
2009-07-02 04:03:18 PM
Someone get that graph from the report Obama released during his campaign.
The one that predicts unemployment without stimulus, and unemployment with stimulus, along with the extra line showing actual unemployment turned out to be much higher than either of them.
That graph is hilarious.
Chuck Wagon
2009-07-02 04:03:24 PM
sepuku2
:
If
laid-off workers who have given up looking for new jobs
or have settled for part-time work are included, the unemployment rate would have been 16.5 percent in June,
That's the reality of it.
Uh, what? Wouldn't most laid-off workers who have given up looking for new jobs be either retired or dead?
Joliet_Jake
2009-07-02 04:03:50 PM
Car_Ramrod
:
portscanner: Came here for the but, but, but, but Bush!!!
Left satisfied.
Seriously. Bush isn't in office anymore, guys. He has no relevency to what's happening. It's all Barry. Sorry you got duped.
You are either illiterate or willfully ignorant. It's an economic fact that unemployment is a lagging indicator. The Dow is now above what it was when Obama took office. The stock market is a fast-paced indicator, unemployment tends to lag 3-6 months behind. This isn't rocket science, it's high school economics.
vol1805
2009-07-02 04:04:19 PM
"on the road to less bad"
dumbo is by far the worst president out of the starting blocking. power hungry and likes to hear himself talk and say nothing and look at himself in the mirror.
portscanner
2009-07-02 04:04:50 PM
Chuck Wagon
:
sepuku2: If laid-off workers who have given up looking for new jobs or have settled for part-time work are included, the unemployment rate would have been 16.5 percent in June,
That's the reality of it.
Uh, what? Wouldn't most laid-off workers who have given up looking for new jobs be either retired or dead?
No, the correct classification is Mexican.
Shaggy_C
2009-07-02 04:05:48 PM
hai guize! is this thread to post useless pix to make fun of obamanomics?
Hideously Gigantic Smurf
2009-07-02 04:06:12 PM
Car_Ramrod
:
Seriously. Bush isn't in office anymore, guys. He has no relevency to what's happening. It's all Barry. Sorry you got duped.
Yet... 9/11 was Clinton's fault.
Got it.
Car_Ramrod
2009-07-02 04:06:34 PM
Chuck Wagon
:
sepuku2: If laid-off workers who have given up looking for new jobs or have settled for part-time work are included, the unemployment rate would have been 16.5 percent in June,
That's the reality of it.
Uh, what? Wouldn't most laid-off workers who have given up looking for new jobs be either retired or dead?
No. Not at all. After looking for months and months and months and not finding anything, it's not uncommon for people to get dejected and give up.
Joliet_Jake
:
This isn't rocket science, it's high school economics.
Elitist.
Car_Ramrod
2009-07-02 04:09:28 PM
vol1805
:
"on the road to less bad"
dumbo is by far the worst president out of the starting blocking. power hungry and likes to hear himself talk and say nothing and look at himself in the mirror.
And he's a stupid moron with an ugly face and big butt and his butt smells and he likes to kiss his own butt.
Hideously Gigantic Smurf
:
Car_Ramrod: Seriously. Bush isn't in office anymore, guys. He has no relevency to what's happening. It's all Barry. Sorry you got duped.
Yet... 9/11 was Clinton's fault.
Got it.
Obviously, because Obama can control the economy, while Bush couldn't control foreign policy. Duh.
Pechorin
2009-07-02 04:10:18 PM
In order to lower the unemployment rate, we need to change the definition of "unemployment rate." Perhaps we can only count workers who lost their jobs in the past month. That would lower the unemployment rate to the lowest in decades. It would make the State look real good. Problem solved.
Welfare Xmas
2009-07-02 04:10:43 PM
But....But....BUSH!!!
But....But....Regan!!!!
But....But....Anything but Obama!!!!
PinkFuzzyBunny
2009-07-02 04:11:00 PM
Car_Ramrod
...Welcome to my ignore list. You have just joined the ranks of:
BillCo
Capitalist1
Cup_O_Jo
Darconix
Hang On Voltaire
MethFreek
Nabb1
SouthernManDunWrong
The Stealth Hippopotamus
...for being ridiculously stupid.
/Seriously. Does calling the president "Barry" really make you feel better?
//Or does it just get your panties in such a bunch that the only fiscally responsible presidents we've had in the last 30 years have been Democrats?
godofusa.com
2009-07-02 04:11:57 PM
I miss the GDP growth under Reagan. What are we at, consecutive -5+% months?
Shaggy_C
2009-07-02 04:12:13 PM
Larofeticus
:
The one that predicts unemployment without stimulus, and unemployment with stimulus, along with the extra line showing actual unemployment turned out to be much higher than either of them.
Ask and ye shall receive
jcooli09
2009-07-02 04:12:43 PM
vol1805
:
"on the road to less bad"
dumbo is by far the worst president out of the starting blocking. power hungry and likes to hear himself talk and say nothing and look at himself in the mirror.
It'll be a long, long time before someone earns the worst president title again.
Thanks for pointing out how stupid you are.
Welcome to my favorites list, labelled very stupid, colored dark grey so I don't accidentally read your posts.
Chuck Wagon
2009-07-02 04:12:52 PM
Car_Ramrod
:
Chuck Wagon: sepuku2: If laid-off workers who have given up looking for new jobs or have settled for part-time work are included, the unemployment rate would have been 16.5 percent in June,
That's the reality of it.
Uh, what? Wouldn't most laid-off workers who have given up looking for new jobs be either retired or dead?
No. Not at all. After looking for months and months and months and not finding anything, it's not uncommon for people to get dejected and give up.
I can't imagine how that number could be significant. Most people need money to eat and stuff.
RevMercutio
2009-07-02 04:13:30 PM
We're on Day 2 of the fiscal year. How are we able to determine "Obama's Economy" right now?
Car_Ramrod
2009-07-02 04:14:20 PM
Chuck Wagon
:
Car_Ramrod: Chuck Wagon: sepuku2: If laid-off workers who have given up looking for new jobs or have settled for part-time work are included, the unemployment rate would have been 16.5 percent in June,
That's the reality of it.
Uh, what? Wouldn't most laid-off workers who have given up looking for new jobs be either retired or dead?
No. Not at all. After looking for months and months and months and not finding anything, it's not uncommon for people to get dejected and give up.
I can't imagine how that number could be significant. Most people need money to eat and stuff.
Unemployment benefits, welfare, cashing in retirement funds, etc. Anything to weather the storm until job markets look more favorable.
Car_Ramrod
2009-07-02 04:16:38 PM
PinkFuzzyBunny
:
Car_Ramrod...Welcome to my ignore list. You have just joined the ranks of:
BillCo
Capitalist1
Cup_O_Jo
Darconix
Hang On Voltaire
MethFreek
Nabb1
SouthernManDunWrong
The Stealth Hippopotamus
...for being ridiculously stupid.
/Seriously. Does calling the president "Barry" really make you feel better?
//Or does it just get your panties in such a bunch that the only fiscally responsible presidents we've had in the last 30 years have been Democrats?
1) I have no idea who you are
2) My first ignore listing (that I know of)! Hurray!
3)
Nabb1
ain't that bad, he doesn't deserve to be grouped with those other peeps.
4) Excuse me while I guffaw loudly at your expense
Larofeticus
2009-07-02 04:17:17 PM
Oooo I found one! It's hot, though.
Time to add another reality dot to that fantasy.
If anyone doesn't believe that graph initially came from the Obama campaign, i'll go track down the pdf of it.
satanorsanta
2009-07-02 04:17:37 PM
Chuck Wagon
:
Car_Ramrod: Chuck Wagon: sepuku2: If laid-off workers who have given up looking for new jobs or have settled for part-time work are included, the unemployment rate would have been 16.5 percent in June,
That's the reality of it.
Uh, what? Wouldn't most laid-off workers who have given up looking for new jobs be either retired or dead?
No. Not at all. After looking for months and months and months and not finding anything, it's not uncommon for people to get dejected and give up.
I can't imagine how that number could be significant. Most people need money to eat and stuff.
Many people just sit on their ass until their unemployment runs out.
/see: my brothers
Erebus1954
2009-07-02 04:17:57 PM
Car_Ramrod
:
Unemployment benefits, welfare, cashing in retirement funds, etc. Anything to weather the storm until job markets look more favorable.
And one in nine Americans are now on food stamps.
Dil Doe
2009-07-02 04:18:23 PM
Are you dipshiats still going to call it the "Obama economy" when things improve? Or will you just forget about the whole thing and start biatching about something else to divert everyone from your idiocy and shallowness?
What was your solution to this mess again? Oh yeah, do nothing at all. Brilliant. Thanks for all your help. We'll let you know when you're relevant again.
Joliet_Jake
2009-07-02 04:20:27 PM
Dil Doe
:
Are you dipshiats still going to call it the "Obama economy" when things improve? Or will you just forget about the whole thing and start biatching about something else to divert everyone from your idiocy and shallowness?
What was your solution to this mess again? Oh yeah, do nothing at all. Brilliant. Thanks for all your help. We'll let you know when you're relevant again.
Believe me, it will happen. There are still people who claim that the 90s stock market boom was a result of Reagan.
heap
2009-07-02 04:20:58 PM
Car_Ramrod
:
Unemployment benefits, welfare, cashing in retirement funds, etc. Anything to weather the storm until job markets look more favorable.
personally, i'm digging on that 'look around the house, see an ebay listing in everything i see' bit. it's awesome.
anybody want to buy a fork?
eraser8
2009-07-02 04:21:06 PM
Welfare Xmas
:
But....But....BUSH!!!
But....But....Regan!!!!
But....But....Anything but Obama!!!!
Where was this sort of perspective when Bush apologists were blaming Clinton for the recession and for 9/11?
This is a serious question.
Mike_LowELL
2009-07-02 04:21:06 PM
Alright, welcome back, Republi
cans
and Demo
can'ts
, to The Rush Limbaugh Show. I'm your host, the honorable Rush J. Limbaugh. The numbers are out on the Obama economy and they are not good. The administration is now acknowledging nearly
half
of the actual unemployment rate in this country, meaning that the "Obama unemployment rate" is around ten percent. This disregards my numbers, the numbers that I picked up on the Fark.com, and the Google, which indicate this may be the worst jobless cause in the history of the American people. Welcome to change, folks; the take-a-penny, leave-a-penny box is now the bank for a new American century.
Let's head to the e-mail box.
MaxxLarge
writes: "Easy, pal. Bush had to work his ass off for almost his whole two terms to f*ck the economy up beyond description. It took plenty of rich-asshole tax cuts, two money-pit, exit-strategy-free foreign wars, complete negligence while a natural disaster wiped half a major American city clean off the map, and total ignorance of intelligence briefings leading to a significant terrorist attack on a financial center to bring the wealthiest country in the world to its knees." Aaaaand you're an idiot. Ladies and gentlemen, I want you to make a graph in your head. For George W. Bush, please note that the unemployment rate was four to five percent. For Barack Hussein Obama, the unemployment rate, the one they are not reporting on, is somewhere in the 25 to 35 percent range. Congratulations, Barack: You're now as effective a leader as Franklin Roosevelt, who created the
first
Great Depression. Go read your history books, kids: Things were good under the Republicans in the Roaring Twenties. Then, the Democrats got a hold of things and
screwed it all up
. And thanks to a liberal media machine fueled by the horrors of a world with Hitler and Mussolini, the sheeple re-elected Roosevelt
three times
. That's history for you, kids.
Back on topic,
Chearl
writes: "We would have all been millionaires by now had McCain won." Can't disagree with you there. John McCain had solutions to fix this country, folks. Those solutions were to
stay the course
. Notice people only talk bad about the Bush economy when they mention the Clinton housing bubble? Mr. Clinton, is there anything you couldn't ruin? Oh wait, that's right, you couldn't ruin the Obama economy, because it is already the worst economy in the history of this country.
Eddie Adams from Torrance
writes: "Obama has been President for almost 6 months and he STILL hasn't fixed the economy. W-T-F is this guy's problem? Worst President EVAR!" I cannot disagree with you, Mr. Adams. Let me tell you a story: When I was in the eighth grade, I had a teacher, and man, was she a liberal
whiner
. Every day, I would ask the teacher, "Mrs. Williams, why do you hate this country?" And the class would
laugh at me
. That's how badly she indoctrinated those kids: Questioning her
obvious
lack of patriotism seemed
crazy
to that flaming batch of liberals. This is what has happened in the Barack Obama America. You cannot go from one end of the country to the other without running into the zombie Obama supporters. Is it any surprise that they vote for the Democrats year-in year-out, and never have their thirst for
braaaaaaaaains
satiated? Take a guess why
that
is, folks. I'll tell you one thing: If the economy continues to tank like it has under Barack Hussein Obama, we may
have
to take our chainsaws and gore our way to Mexico. This is The Rush Limbaugh Show, I'll be taking some of your phone calls after this word from our sponsors.
DarnoKonrad
2009-07-02 04:21:22 PM
Car_Ramrod
:
1) I have no idea who you are
I've yet to figure out what people really think they're claiming when they announce they've put someone on ignore. Something like:
"I have deemed my anonymous opinion of you highly regarded!"
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