US Economy performing strongly as Obama loses control over the chrysanthemum throne - Polidicks

[quote]US businesses added 156,000 jobs in December in the last release of key economic data before Donald Trump is sworn in as US president. The number of jobs created fell from an upwardly revised 204,000 in November and came in below market expectations of 175,000 new roles. The jobless rate edged up last month to 4.7% from 4.6%. The US Bureau of Labor Statistics said that the annual rate of wage growth accelerated in December to 2.7%. This compares with a 2.5% increase in annual average hourly earnings recorded in November and is the quickest pace of growth since June 2009. The bureau revised up the number of new jobs created in November from an initial count of 178,000 to 204,000. Since President Obama's inauguration in January 2009, the number of people with jobs has increased by 11.25 million. The unemployment rate has fallen from 7.8% to 4.7%, having peaked at 10% in his first year.[/quote] [url]http://www.bbc.com/news/business-38532803[/url] With pay growth and employment slowly ticking up (more people are looking for jobs now too), the US economy is probably in a stronger position in 2017 than at any other point in the past 8 year.

I honestly would've been up for a third term of Obama. I know a lot of people don't like him, but I've personally felt nothing but positive effects from his presidency.

I bet it was because of Bush! And because of Trump! Don't you see! Trump isn't even President yet and he's already saved the US! :suicide:

[QUOTE=J!NX;51635550]I bet it was because of Bush! And because of Trump! Don't you see! Trump isn't even President yet and he's already saved the US! :suicide:[/QUOTE] How the GOP still has half the country convinced they [i]aren't[/i] the outright bad guys is beyond me. Like, the entire planet outside of America's Republicans knows it.

[QUOTE=VinLAURiA;51635571]How the GOP still has half the country convinced they [i]aren't[/i] the outright bad guys is beyond me. Like, the entire planet outside of America's Republicans knows it.[/QUOTE] American republicans are more afraid of 'socialists' and liberals than admitting that they may have been wrong about some things [editline]7th January 2017[/editline] But what are rednecks going to stay once they lose their free healthcare and realized how much they fucked up for voting for trump

[QUOTE=VinLAURiA;51635545]I honestly would've been up for a third term of Obama. I know a lot of people don't like him, but I've personally felt nothing but positive effects from his presidency.[/QUOTE] I wonder how an election would have gone if term limits weren't in place for the presidency. I guess they would still have elections for Congress. Obama would be facing a House and Senate stacked against him. I don't believe much would get done if he stayed.

[QUOTE=Sobotnik;51635541][url]http://www.bbc.com/news/business-38532803[/url] With pay growth and employment slowly ticking up (more people are looking for jobs now too), the US economy is probably in a stronger position in 2017 than at any other point in the past 8 year.[/QUOTE] Our real estate market also had one of the strongest years in US history, well exceeding our previous peak figures in 2006, pre-crisis. Our momentum has us entering 2017 on very good terms too, with one of the busiest Decembers we've seen in ages, though that somewhat uncharacteristic end-of-year surge in action is very likely the result of concerned buyers trying to head off inflating mortgage interest rates before they climb farther. However, there are some solid reasons to believe that 2017 will also be the year of a major market real estate market shift. Property value appreciation has well outpaced income growth, interest rates are on the rise (we have already seen a .7% increase since they started climbing, which translates into an approximate decrease in buying power of about 7%), the rates of new homeowners entering the market from younger generations has been steadily declining since 2008, etc, etc. Our market's sheer momentum may carry us through for a while yet, but it's difficult to say exactly how far we'll go. We could see our usual seasonal decline in winter trigger the grander transition, or we may carry through for another six months. Hell, we [I]might[/I] even make it to the end of the year, though that seems a little over optimistic in my opinion. The only thing that we really can be sure of is that our market is approaching a point, if it hasn't already exceeded that point, in which our continued property inflation becomes unsustainable, triggering a necessary transition into a declining market lasting for at least a few years. Once the real estate market changes, it won't be a fully isolated event. Real estate is considered to be the average person's biggest "investment," and when people become uncertain about the stability or health of their real estate market, they get pretty cautious in general. Once that inevitable decline manifests, I should imagine that we'll see some fairly obvious impacts on the economic health of the country in general. It shouldn't be anything too catastrophic, on its own, but it will certainly be noteworthy. The good news is that it's going to be a pretty fucking great time for real estate investors, so if it's something you've given any thought to at all: now's the time to start preparing. Otherwise, if any of your friends or family were thinking of selling their home: [I]now[/I] would be the best time to do it. If they wait much longer, they risk failing to close before the shift and being forced to play catch-up to a quickly sinking market.

[QUOTE=J!NX;51635581]American republicans are more afraid of 'socialists' and liberals than admitting that they may have been wrong about some things [editline]7th January 2017[/editline] But what are rednecks going to stay once they lose their free healthcare and realized how much they fucked up for voting for trump[/QUOTE] "Sure I can't to go to the hospital for any reason without entering crippling debt and I might lose my house to rising oceans from accelerated global warming, but at least I have my guns and my bible!"

[QUOTE=J!NX;51635581]But what are rednecks going to stay once they lose their free healthcare and realized how much they fucked up for voting for trump[/QUOTE] Speaking from personal experience, they'll probably say absolutely nothing. The realization has already set in for some people I know that Trump was a massive fraud, but they dodge any and all responsibility for electing him. Their rationale typically breaks down to: * "Hillary would have been worse (no matter how bad it gets)," * "I ~suffered~ through 8 years of Obama, so now it's your turn (ignoring that now, everyone is suffering)," * OR the most common and blatantly horrible retroactive ass-covering of all, "I never really cared all that much about politics (so I don't want to talk about it.)"

"Suffered" my ass. Obama's presidency probably improved their wretched little lives in ways they don't even realize. Their pride just couldn't handle losing to a "filthy negro" twice in a row. [highlight](User was permabanned for this post ("Unbanned and almost immediately shitposts again, goodbye" - rilez))[/highlight] [highlight](User was permabanned for this post ("Double permabanned for making me regret doing a nice thing." - Big Dumb American))[/highlight]

[QUOTE=VinLAURiA;51635889]"Suffered" my ass. Obama's presidency probably improved their [B]wretched little lives[/B] in ways they don't even realize. [B]Their pride[/B] just couldn't handle losing to a "filthy negro" twice in a row.[/QUOTE] I dislike conservative hypocrisy too, but don't demonize or belittle our fellow countrymen. We can argue with each other without resorting to ad hominem attacks. We're all Americans here.

[QUOTE=J!NX;51635550]I bet it was because of Bush! And because of Trump! Don't you see! Trump isn't even President yet and he's already saved the US! :suicide:[/QUOTE] Sadly conservatives will attribute it to Trump. A lot people choose to ignore the fact that the economic impact of policies sometimes takes enough time to manifest that it may not actually be seen during their term. People will praise Trump for it purely because it's happening while he's in office.

"chrysanthemum throne" ?? As in japan?

clearly america is not great then so its time for mr. corporation to come in and slash all those growth hurting taxes and regulations and safety regulations and wage regulations and ban places that try to enact those regulations and start trade wars and start a spending binge on stupid useless crap

I think you're getting a bit carried away with the thread titles Sobotnik

Thanks Obama!

[QUOTE=J!NX;51635581]American republicans are more afraid of 'socialists' and liberals than admitting that they may have been wrong about some things [editline]7th January 2017[/editline] But what are rednecks going to stay once they lose their free healthcare and realized how much they fucked up for voting for trump[/QUOTE] fuckin obama ruined everything and gave trump a failing healthcare plan

[QUOTE=Judas;51636568]fuckin obama ruined everything and gave trump a failing healthcare plan[/QUOTE] Well on the plus side Trump and the Republicans are going to replace it with a better plan.

Trump's not even in yet and he's already fixing the mess crooked Obama made. Amazing!

[QUOTE=VinLAURiA;51635889]Their pride just couldn't handle losing to a "filthy negro" twice in a row.[/QUOTE] The lot of them aren't as racist as you may think.

[QUOTE=Emperor Scorpious II;51636220]I think you're getting a bit carried away with the thread titles Sobotnik[/QUOTE] He's better than the wehraboos or tankies that paradox games usually churn out

[QUOTE=Radical_ed;51636121]"chrysanthemum throne" ?? As in japan?[/QUOTE] Also thought this topic was about Japan...

[QUOTE=Sega Saturn;51635867]Speaking from personal experience, they'll probably say absolutely nothing. The realization has already set in for some people I know that Trump was a massive fraud, but they dodge any and all responsibility for electing him. Their rationale typically breaks down to: * "Hillary would have been worse (no matter how bad it gets)," * "I ~suffered~ through 8 years of Obama, so now it's your turn (ignoring that now, everyone is suffering)," * OR the most common and blatantly horrible retroactive ass-covering of all, "I never really cared all that much about politics (so I don't want to talk about it.)"[/QUOTE] Mind if I add a few that they might say, at least on twitter/reddit(if they go on something besides the_dipshit)? "Obama caused this, just like he founded ISIS" "Shut up, we won, you lost, get over it snowflake liberal" "Shillary Rotten KKKillton would fuck you over, EMAILS, BENGHAZI, PIZZAGATE" "What problems?" Am I forgetting anything else?