[onyx]

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[fhayek]

Posted on another threat (because I am fishing for responses):

What am I missing? The Fed pumps $85 billion per month into the economy. That extends out to about a $1 trillion per year. The country runs a deficit of about $1 trillion annually (maybe a little less this year). So let's say, we are talking about ‘stimulus’ to the tune of $1.75 trillion. GDP growth, as reported today ran about 1.7% in the second quarter, couple with a revised 1.1% for the first quarter. So lets say 1.4% growth for the year. 1.4% of total GDP of 15.8 trillion GDP works out to about $220 billion. Stimulate with $1.75 trillion, get growth of $220 billion. What does this say about the underlying, non-stimulated economy?

[DoughtyOne]

FReepers, I know I've been linking a study I worked up a while back, but it has some important information in there.  It relates to jobs in the United States, and how we're about 40 million under where we should be right now.

This thread relates to the economic growth under Bush and Obama, and I think the jobs picture I developed makes it starkly clear how what is happening now, is so markedly different than the fifty plus years before 2000.

Here's the link for those who may have missed it before, or may want to see it again: LINK


Ramirez's latest political cartoon LARGE VERSION 07/30/2013: LINK  LINK to regular sized version of Ramirez's latest, and an archive of his political cartoons.

FOLKS, THOSE OF YOU WHO CAN, PLEASE CLICK HERE AND PENCIL IN YOUR DONATION TO HELP END THIS FREEPATHON.  THANK YOU!
...this is a general all purpose message, and should not be seen as targeting any individual I am responding to...

[St_Thomas_Aquinas]

WOOT! That’s ten times better than under Bush!

Sincerely,
Low info voter

[grania]

I just did some checking. In 2000 the US population was 281.4 million. The current population is 315.36 million. That's just over a 12% increase in population during a time when the economy is claimed to have grown about 1% a year. Over half of that increase was given as hispanic, which is I'd postulate increasing people with lower incomes.

So, compared to population growth, there is virtually NO economic growth in the US since the year 2000, the country has gone hopelessly in debt and its future obligations keep increasing.

How is it even possible to justify not sending home the illegals with these statistics? In these years they've flooded the US, there's been virtually no economic growth and federal debt has grown exponentially.

[griswold3]

But this is good, right? (Cue Normalcy Bias)