Obama will have 4th lowest annual GDP growth of any president

[Nebe]

wow. You need help. Or maybe you need to pay closer attention to the way the GOP operates.

Minimum wage increase. NOPE

Equal pay for women.
NOPE
shall I go on ? Because I believe they blocked over 500 bills. It's really pathetic.
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by Nebe

wow. You need help. Or maybe you need to pay closer attention to the way the GOP operates.

Minimum wage increase. NOPE

Equal pay for women.
NOPE
shall I go on ? Because I believe they blocked over 500 bills. It's really pathetic.
Posted from my iPhone/Mobile device

"Minimum wage increase. NOPE"

You are correct, I think the GOP blocked something in 2014. How does that increase GDP, though?

"Equal pay for women"

First, it's against federal law to pay women less for the same job. Second, the myth of the gender pay gap has been debunked. When you compare pay between the genders for people in the same field and for people who have the same experience, the gap goes away. Do you think a female cashier on her first day, should make the same salary as an experienced CEO?

Men are more likely to go into lucrative careers, and they are less likely to take time off while having children. So they tend to have higher pay. There is nothing discriminatory about that.

"I believe they blocked over 500 bills"

I never said they didn't block bills. I asked what they blocked, which would increase GDP.

The American people, in 2010 and 2014, voted to give Congress to the GOP. It's safe to say, that people didn't elect Republicans, because they want them to go along with Obama. If that's what they wanted, they would have voted for Democrats.

[detbuch]

Originally Posted by Nebe

wow. You need help. Or maybe you need to pay closer attention to the way the GOP operates.

Minimum wage increase. NOPE

Equal pay for women.
NOPE
shall I go on ? Because I believe they blocked over 500 bills. It's really pathetic.
Posted from my iPhone/Mobile device

If we want the Federal Government to have the power to determine wages, how about having the government mandate that employers pay their employees, regardless of sex, or gender preference, or race, or ethnicity, or religion, or whatever self-description, what they are actually worth to the company in terms of their individual productivity, their individual punctuality, their individual adherence to company standards, and stuff that is actually useful for successful business, rather than just paying everybody the same wage.

[wdmso]

not my quote but sum's it up nicely


I love in the real world ...and things are great...economy moving forward, gas is 1.99 where i live, lost a lot of money in the stock market and value of my house...they both bounced back now..

just another thread that fails to see the Big picture

[scottw]

Originally Posted by wdmso

not my quote but sum's it up nicely


I love in the real world ...and things are great...economy moving forward, gas is 1.99 where i live, lost a lot of money in the stock market and value of my house...they both bounced back now..

just another thread that fails to see the Big picture

I think we have different definitions of "the Big Picture"

[Jim in CT]

Originally Posted by scottw

I think we have different definitions of "the Big Picture"

In which to some, GDP doesn't tell us anything about "the Big Picture".

Sure, sure.

[Jim in CT]

Originally Posted by wdmso

not my quote but sum's it up nicely


I love in the real world ...and things are great...economy moving forward, gas is 1.99 where i live, lost a lot of money in the stock market and value of my house...they both bounced back now..

just another thread that fails to see the Big picture

"the economy is moving forward"

Depends how you define that, I guess. You it like that cannot be debated. It can.

Unemployment is way down. The stock market is way up. Gas is cheap. These are good things.

But the GDP growth has been pathetic, and many economists say that's a very key macroeconomic indicator, if not the key macroeconomic indicator. Median wages are down a bit over the last 8 years, which is very rare. A lot of economists think we are on the verge of a recession. And there's that debt - not every cent of which is Obama's doing, but some of it is. And the looming social security and medicare crisis, and the fact that many states will soon be bouncing pension checks to unionized retirees. And much of the good is predicated on interest rates staying close to zero - what happens if interest rates shoot up? That's just a hypothetical, obviously.

The original post was to show how pathetic GDP growth has been. You are saying that's not a meaningful statistic. if one wants to measure the health of the overall economy. I'm not sure where you got your degree in economics, but a great number of experts would disagree with you.