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    Thread: US Debt Reaches $18 Trillion; Surges 70% In Obama's ‘Recovery’

    1. #16
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      Default Re: US Debt Reaches $18 Trillion; Surges 70% In Obama's ‘Recovery’



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      Quote Originally Posted by Swiper View Post
      but the unemployment rate is under 5% wages are growing now ahca is on point and everything is great in the happy land of the liberals. to bad the rest of us stupid bigots can do basic math and their numbers and the growth of debt doesnt add up.
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      Default Re: US Debt Reaches $18 Trillion; Surges 70% In Obama's ‘Recovery’

      Quote Originally Posted by guns01 View Post
      but the unemployment rate is under 5% wages are growing now ahca is on point and everything is great in the happy land of the liberals. to bad the rest of us stupid bigots can do basic math and their numbers and the growth of debt doesnt add up.
      yeah I know right lol. fourth quarter GDP was .7%. that's pathetic. and I'm sure it will be revised into the negative. it's funny how these people believe these job and income numbers but the only reason why incomes went up last month was because in January a lot of states implemented a higher minimum-wage. that's the reason why incomes have rose but that's just a one time deal that's not gonna happen next month.

      and 70% of the jobs created are minimum wage part-time jobs. we now have an economy that is dumping full-time jobs and replacing them with part-time jobs. so when someone loses their full-time job with good pay and then picks up two or three part-time jobs, The government counts that as plus two jobs. The numbers are all phony. if you work one job one hour a week the government counts that as a job in the report.

      I think a huge economic crash is coming this year and it's going to be worse than 2008 and also worse than 1929.

    3. #18
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      Default Re: US Debt Reaches $18 Trillion; Surges 70% In Obama's ‘Recovery’

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      obama can tout the 5% unemployment but they have left out all the people who just stopped looking for a job. numbers trick.

      swiper, i think an economic downturn will occur but there is no sub prime loan bubble to burst this time. i think it will just spiral down slowly rather than burst and fall all at once.
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