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Correct, this is what we get with Obamanomics

Posted on: July 29, 2016 at 10:08:44 CT

Ferg MU

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M.O.B. Votes:

high individual and corporate income taxes, constant increasing regulations and punitive mandates on business has resulted in an economy that is growing at a Western European rate. Low interest rates have done little to stimulate growth in the private sector, the only consequence of low i appears to be bonds with low yields leading investors to increase their weight in equities hence the run up in the stock market.

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MESSAGE THREAD

2nd quarter GDP roars in at 1.2%. That essentially is - Bulldog Bob Brown STL - 7/29 09:53:06

Anemic growth is the Obama legacy - 4TigersinMichigan MU - 7/29 10:00:32

Correct, this is what we get with Obamanomics - Ferg STL - 7/29 10:08:44

If the fed rate went 4 % about 25% of federal tax collection - Bulldog Bob Brown STL - 7/29 10:27:07

as a consequence of irresponsible spending - Ferg STL - 7/29 10:30:31

The last time to national debt decreased in real dollars - Bulldog Bob Brown STL - 7/29 10:35:07

nope. correlation vs cause and effect - Ferg STL - 7/29 10:40:19

Well it appears whatever measure you want to apply is - Bulldog Bob Brown STL - 7/29 12:07:28

it's a ticking time bomb with a long fuse - Ferg STL - 7/29 12:22:35

Military spending is over half - JayHoaxH8r MU

- 7/29 11:46:36

Military spending is 21% of total federal spending - Ferg STL - 7/29 11:57:19

Discretionary is over 50% - JayHoaxH8r MU

- 7/29 12:31:44

the tax rates are still - meatiger MU - 7/29 10:14:53

I don't know why you would think interest - Ferg STL - 7/29 10:27:54

Higher energy rates - meatiger MU - 7/29 10:45:20

sorry..I meant tax rates(nm) - meatiger MU - 7/29 10:43:56

Around the globe, countries have reduced - Ferg STL - 7/29 10:50:24

RE: Around the globe, countries have reduced - meatiger MU - 7/29 10:56:17

The prime rate was never this low in the Clinton years - Bulldog Bob Brown STL - 7/29 10:25:06

sorry..I meant tax rates(nm) - meatiger MU - 7/29 10:43:40

yeah but govt spending has grown 9%+ per year - tiger4real MU - 7/29 09:54:53

Investments.. Gov't investments - Spanky KU - 7/29 10:03:38

RE: Investments.. Gov't investments - MUDude MU - 7/29 10:04:41

and shovel ready jobs is obamaspeak for - Ferg STL - 7/29 10:10:23