PostmodernProphet
fully immersed in faith..
and you dumbfucks don't think that's a problem......
Record Trade Deficit, Record Monthly Budget Deficit, Record Annual Deficit...
- Thread starter LV426
- Start date
and you dumbfucks don't think that's a problem......
NOPE.
WRONG.
"Since 1995 there has been essentially no change in the basic CRA rules or enforcement process that can be reasonably linked to the subprime lending activity. This fact weakens the link between the CRA and the current crisis since the crisis is rooted in poor performance of mortgage loans made between 2004 and 2007. "
https://www.federalreserve.gov/images/20081203_analysis.pdf
Why is it that everything you say is wrong?
PostmodernProphet
fully immersed in faith..
you are the epitome of lib'rul ignorance.......
In 2000, Clinton put a HUD rule in place that prohibited GSE's from counting risky loans toward affordable housing goals.
Bush the Dumber reversed that rule in 2004.
Wrong.
Firstly, Conservatives controlled the House and Senate in 2005. Democrats had no power and couldn't stop them from doing whatever they wanted.
Secondly, Bush the Dumber was the one who actually opposed GSE reform. You just got swindled by propaganda because...well...(gestures at your character in general).
"Strong opposition by the Bush administration forced a top Republican congressman to delay a vote on a bill that would create a new regulator for mortgage giants Fannie Mae and Freddie Mac."
https://www.marketwatch.com/story/oxley-pulls-fannie-freddie-bill-under-heat-from-bush
Note the date on that link: October 7th, 2003.
Despite what appeared to be a broad consensus on GSE regulatory reform, efforts quickly stalled. A legislative markup scheduled for October 8, 2003, in the House of Representatives was halted because the Bush administration withdrew its support for the bill,
https://pdfs.semanticscholar.org/e31c/f28389f421cbc0a45ce0ade0f45af9c38cd2.pdf
Ouch. How damaging to your argument.
It wasn't a problem because Clinton had budget surpluses.
You erased those budget surpluses with tax cuts.
So you took surpluses, that could have paid down the debt, and turned them into deficits that nearly doubled the debt in 8 years.
You're a religious zealot with absolutely no successes, personal or ideological, that you can point to with pride.
Jerry Mathers
Was it me?
he spoke against bad trade deals. thats all it took. you ran the most corporate, banker banked candidate the dems had. face reality.
for those interested, the Frankfurt school is where the class struggle was transformed into identitarianism and white hatred.
Employers added 20,000 jobs, down from a blockbuster 311,000 in January. Even with February’s anemic gain, job growth over the past three months has averaged a solid 186,000, enough to lower the unemployment rate over time.
And average hourly pay surged 3.4 percent from a year earlier — the sharpest year-over-year increase in a decade. The unemployment rate also dropped to 3.8 percent, near the lowest level in five decades, from 4 percent in January.
All told, Friday’s monthly employment report from the government pointed to a still-sturdy job market and economy.
“The U.S. labor market is still in good shape,” said Gus Faucher, chief economist at PNC Financial. “Slower job growth was expected after huge average gains of better than 250,000 over the preceding four months. Job growth should bounce back in March and through the rest of this year.”
https://www.columbian.com/news/2019/mar/08/u-s-wages-up-by-most-in-decade/
And average hourly pay surged 3.4 percent from a year earlier — the sharpest year-over-year increase in a decade. The unemployment rate also dropped to 3.8 percent, near the lowest level in five decades, from 4 percent in January.
All told, Friday’s monthly employment report from the government pointed to a still-sturdy job market and economy.
“The U.S. labor market is still in good shape,” said Gus Faucher, chief economist at PNC Financial. “Slower job growth was expected after huge average gains of better than 250,000 over the preceding four months. Job growth should bounce back in March and through the rest of this year.”
https://www.columbian.com/news/2019/mar/08/u-s-wages-up-by-most-in-decade/
Workers at the lower end of the pay scale finally are getting the most benefit from rising wages
Published Wed, Mar 13 2019 • 12:06 PM EDT | Updated Mon, Mar 18 2019 • 5:49 PM EDT
https://www.cnbc.com/2019/03/13/wor...e-getting-most-benefit-from-rising-wages.html
Average hourly earnings rose 3.4 percent in February, the best increase since April 2009.
For the first time during the recovery, lower-end earners are getting more of the benefit, according to a Goldman Sachs report.
The trend could mean that the economy has more strength to it than some economists think.
Published Wed, Mar 13 2019 • 12:06 PM EDT | Updated Mon, Mar 18 2019 • 5:49 PM EDT
https://www.cnbc.com/2019/03/13/wor...e-getting-most-benefit-from-rising-wages.html
Average hourly earnings rose 3.4 percent in February, the best increase since April 2009.
For the first time during the recovery, lower-end earners are getting more of the benefit, according to a Goldman Sachs report.
The trend could mean that the economy has more strength to it than some economists think.
Jerry Mathers
Was it me?
critical theory = incessant nagging and lies turned into a "theory". jezebel tactics made into an ideology. toxic femininity used to destroy mankind. let's shut this pandora box.
countryboy
Verified User
Revenue has not been reduced, stop lying.
countryboy
Verified User
You're a liar. Let's see the actual data.
Of course spending is the problem, do the math. Even if your contention were true (which it's not), we are in the hole far more that 2%. Even if we confiscated every cent from "teh rich", it wouldn't put a dent in our debt problem.
And has since widened the Trade Deficit to a record level.
Could it be that Trump has no idea what he's talking about?
Drumpf's Plan to Reduce Trade Deficit Falters as it Hits an All-Time High Instead
http://fortune.com/2019/03/06/us-trade-deficit-record-high/
Trump got more money from Wall Street than Clinton did, both during the campaign and afterwards.
See below:
Biggest share of inaugural funding came from Wall Street
https://www.opensecrets.org/news/2017/05/biggest-share-of-trump-inaugural/
PostmodernProphet
fully immersed in faith..
there is no reason to continue arguing with someone as dishonest as you........if you ever get an ounce of dignity and want to deal with the truth, send us an email.....
Great...so where were those income gains, primarily? Among those at the top, or spread evenly throughout all workers?
Wrong.
18 states raised their minimum wages last year. That's where the growth comes from.
Eighteen states raised their minimum wages at the outset of January 2018, while two additional states did so in July. While the statewide minimum wage in California will rise to $12, from $11, a slew of municipalities in the state are also raising their local minimum wages.
https://www.foxbusiness.com/economy/minimum-wages-set-to-increase-in-these-20-states-in-2019
Jerry Mathers
Was it me?
thats the inauguration dipshit.