Discussion » Questions » Politics » U.S. household income grew 5.2% in 2015, breaking pattern of stagnation. Way to go Obama. Amirite?

U.S. household income grew 5.2% in 2015, breaking pattern of stagnation. Way to go Obama. Amirite?

Hello:

Wow!  Read about it HERE.

excon

Posted - September 13, 2016

Responses


  • 2515
    I saw that figure in Twitter. Great job, Obama! People won't give him credit if it's good. They do, if it's bad.
      September 13, 2016 9:21 AM MDT
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  • 3907

      September 13, 2016 9:23 AM MDT
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  • That's probably propaganda. Even if it's true, it means nothing.

    Such events have very little to do with the underlying economic reality. The system has simply pumped up the markets with artificially low interest rates. It's just kicking the can down the road. It's unsustainable.

    If you wish Obama to be given credit for such events, be prepared for him to take the blame when everything collapses.

      September 13, 2016 9:28 AM MDT
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  • 2500

    Published by Pravda? (Or, what flavor of Kool-Aid are you drinking now?)

    By the way, even if that's true, which I strongly doubt, it still falls short of where it was at the start of the recession back on '07/'08; the USA bounced back stronger and faster than that from the Great Depression!  I don't know anyone that's seen an increase other than the 1%-ers so I'm betting that whole story is pure BS. In fact, the Controller of the sate of Maryland is now complaining loudly because of dropping payroll withholding "revenue", in spite of this great Obama job market. I'll bet other States are having the same issues. (Maryland has seen an increase in jobs, but the payroll withholding revenue is still dropping like a rock? Just what kind of "quality" jobs have been created?)

    Oh, and to the health insurance . . . yet another line of BS. Having health care insurance is now required by law, to the point that the IRS will take the same premium costs from you if you don't have the minimum required anyhow. Most people I know can't afford to pay the ridiculous deductibles after paying those oppressive premiums. So the question really is how many more people now have access to actual healthcare? (That's going to be a negative number.) But at least all but two of the State exchanges have now failed, so there's that "success".

      September 13, 2016 10:03 AM MDT
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  • Obama's only responsible for lowering household income and increasing gas prices, remember? 

      September 13, 2016 10:09 AM MDT
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  • 1113

    He already DOES take the blame for everything bad that happens. 

      September 13, 2016 10:14 AM MDT
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  • 1113

    Why would the Pravda write a glowing propaganda story like that? Putin's a Trumpeter, he doesn't like Obama.

      September 13, 2016 10:15 AM MDT
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  • 2500

    I use the word "Pravda" to euphemistically refer to any government "data" that's disseminated to cast government officials in a good light irrespective of the actual facts, propaganda. Its use is a hold-over from the days of the Cold War (which seems to be heating up, again, thanks to the current White House occupant and his Secretaries of State, both former and present; but I digress). Perhaps I should have used quotation marks so that you would have understood that reference? The claim apparently came from carefully culled Census department data.

      September 13, 2016 11:52 AM MDT
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