![]() |
![]() | #31 |
Put some ice on that Join Date: Dec 2013 Location: Earth
Posts: 26,070
| |
![]() |
| |
![]() | #32 | |
Senior Member Join Date: Mar 2013 Location: Middle Tennessee
Posts: 7,181
| Quote:
| |
![]() |
![]() | #33 | |
Senior Member Join Date: Mar 2013 Location: Middle Tennessee
Posts: 7,181
| Quote:
I see it in my own company. When I started in 1995 we had 530 field sales people. 30 instructors and 25 other technical support people. Today we have 125 field sales staff, 12 instructors and 25 technical support. Not only have I not had a raise since 2007, I've take two pay cuts to stay employed. Our total sales have dropped over those years. Some of it we simply walked away from since it was not profitable, yet we have nearly doubled our annual profit. This is not unusual in corporate America. We aren't the only company that has done this.This has nothing to do with Obama or his policies. It's just a fact of working in this country these days. On the bright side, starting in late 2015, we underwent another reorg and they INSOURCED those 125 sales people and the 25 tech support. with substantial raises over what they were making contract. Jobs that had been contract for well over a decade. Rumor has it the instructor core may get pulled in as well. But even then this is more of an anomaly in todays world. | |
![]() |
![]() | #34 | |
Senior Member Join Date: Jun 2012 Location: Earth
Posts: 38,895
| Quote:
| |
![]() |
![]() | #35 |
end capitalism now Join Date: Dec 2016 Location: Canada
Posts: 2,318
| The boom started for the rich/not the middle class, and especially not the poor under Reagan! And it was a debt-fueled boom...so if you liked Reagan's, then you like Obama's QE-fueled debt bomb.
|
![]() |
![]() | #36 | ||
end capitalism now Join Date: Dec 2016 Location: Canada
Posts: 2,318
| Quote:
Quote:
If there is one giant reason why the US has a President Trump today, it's because Hillary promised to carry on Obama's legacy, and many of those middle class Americans saw their personal debt rising, earnings stagnating, and in real numbers have been falling out of the middle class....so they were in no mood to stay the course! | ||
![]() |
![]() | #37 |
end capitalism now Join Date: Dec 2016 Location: Canada
Posts: 2,318
| Krugman thought 2008 was 1933! John Maynard Keynes proposed an economic plan specific to the time: a less populated United States,with a much younger population, abundant resources...all that was needed was to get money back into circulation. There is no shortage of easy money today! Instead, there's more money than real wealth. Any new capital spending gets added to an economy that will shrink over time and increase debt...so there's no such thing as free money in an already debt-loaded economy. So, cut military and security state spending in half, and that will leave enough to rebuild infrastructure and improve all the programs that are in steep decline. |
![]() |
![]() | #38 | |
Senior Member Join Date: Jul 2014 Location: massachusetts
Posts: 10,721
| Quote:
Wealth distribution is what an economic system does, whether that system is Laissez-Faire Capitalism, Mercantilism, Communism or Socialism or something in between. When wealth becomes too concentrated, the system breaks. | |
![]() |
![]() | #39 | |
Banned Join Date: Jan 2017 Location: Michigan
Posts: 3,515
| Quote:
Fact Check: Obama Had More to Do With 2008 Economic Meltdown Than Bush Ever Did Your bucket is full of denial | |
![]() |
![]() | #40 | |
Senior Member Join Date: Dec 2015 Location: Arizona
Posts: 9,772
| Quote:
What a load! First of all Gateway Pundit is a RW rag that belongs on the bottom of a parakeet cage and the piece is an opinion piece--not a fact check. Barack Obama did not "SUE banks". He was ONE plaintiff in a suit against ONE bank--Citibank for unfair lending practices. It was considered mortgage discrimination, which is illegal. And your statement: Republicans are for getting out of peoples way and letting them figure it out themselves is laughable. How can people who are being discriminated against "figure it out for themselves"?? We have laws protecting people from discrimination and we have attorneys who file class action suits against those who discriminate. When was the last time a Republican fought for the rights of those who are discriminated against? The poor. The disenfranchised. The minorities. The GOP talks the talk but has never (in recent times) walked the walk. The buck stops with the sitting president. That president was George W. Bush--not Barack Obama. Last edited by Clara007; April 12th, 2017 at 04:38 AM. | |
![]() |
![]() |
|
Tags |
class, middle, obama, truth |
Thread Tools | |
Display Modes | |
|
![]() | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Middle Class Gained under GWB, Lost with Obama | Libertine | Current Events | 173 | September 4th, 2014 05:35 PM |
Obama's Middle-Class 'Mission Accomplished' | Uncle Han | Current Events | 0 | September 20th, 2013 10:57 AM |
Obama's war on the middle class | sumara | Current Events | 17 | July 3rd, 2013 10:45 AM |
President Obama on Extending Tax Cuts for the Middle Class | The White House | The White House | 0 | November 28th, 2012 09:35 AM |
President Obama on Extending Middle-Class Tax Breaks | The White House | The White House | 0 | August 3rd, 2012 09:29 AM |