sleeper;1832564 wrote:Oh, so no indicators. Got it.
Stock market isn't an indicator either right? S&P is only up 232% since the Bush Recession.
Also, your pretty simple isn't that simple. Maybe in the 1930's when we didn't have a global economy but you can create goods OUTSIDE of the country to supply the demand for goods at an affordable price in this country without creating jobs in return.
But yeah, Cuba is a great analogy and is the exact same situation that the US is in. KAPPA.
Sticky wages is not a bullshit excuse. It's reality. Let me know when you want to join reality.
sleeper;1832565 wrote:Demand is inelastic for healthcare. Hard not to pay whatever price it costs to keep yourself alive.
But go on, blame Obama for that economic reality. Obamacare didn't go far enough and Trumpcare won't fix it either; we need single payer or bust.
I gave you indicators, but you choose to be a partisan QO and ignore them. You want to brush aside nearly 50% of our country requiring government assistance by blaming sticky wages. You have been telling us there has been remarkable growth for the past 8 years, yet somehow the wages still can't adjust after 8 years and more people required government assistance. Too many holes in that excuse. If you want more indicators:
-Median household income has dropped (60% of our counties had a decrease in median income)
-National debt has doubled
-Deficit spending is on the rise again after boasting about the shrinking earlier in his presidency
-Home ownership has significantly declined
-Poverty rate has increased
-The income gap has widened
-Healthcare costs have sky rocketed
-GDP growth was less than stellar
-The debt to gdp ratio is 104%
-Money printing increased
-Student loans and defaults on the loans have increased
I am not going to say he is the worst president of all time and has been an economic disaster, but to act like he is our greatest president of all time, especially with fiscal policy is a complete joke. He is probably a C- when it comes to his economic record. I would probably rank Obama in the 22-25 range in terms of greatest presidents.
Also my simple, is pretty simple with a global economy. You can be competitive in a global environment. Perhaps if the Government (this goes to both GOP and DNC) would intervene less with business, they would be incentivized to create more of their goods/services in the US. As for Cuba, you're missing the point. I said jobs aren't an indicator of an economy's strength. Cuba was an example of a country with very low unemployment, but a shitty economy. There are plenty of other countries out there with low unemployment numbers, but shitty economy overall (mainly socialist countries). You knew what I was saying, but you chose to be intellectually dishonest.
Obamacare has been a joke, and "Trumpcare" will most likely be a joke. If are making around 32K, you have to pay $165 monthly premium for a middle of the road healthcare that gives you a $6.5K deductible. That is not affordable... Obamacare has been a failure, and moving the goalposts by telling people that more people are insured (because they would be penalized if not) does not change the fact that you have every day working americans giving up a big chunk of their income for mediocre healthcare. I don't have a solution, but Obamacare clearly isn't it, and I have a hard time beliving single payer will change it as well. Just ask active duty military (or vet) how they feel about Tricare. Tricare is decent sample of what social healthcare is like. The majority of the military I know hate Tricare.