56 straight months of job growth

[Duck_walk]

The longest stretch in history.
Somehow Obama is to blame for this.
Infrastructure spending and Obama care really destroyed us didn't they fellas. Here, just copy and paste this and post it: I WAS WRONG.

On another note, five Americans have accidentally shot their penis off since 2010. I heart guns.

 

[Drop.Tine]

This carries the same weight that I can say Bush had the stock market at record highs. That matters very little. When you hit rock bottom, the only place you can go is up.

I think Obummer has done an adequate job at times. But if nothing else his presence has slowed the growth.

Can't wait until Hillary 2016!

 

[Stevedangos]

The longest stretch in history.
Somehow Obama is to blame for this.
Infrastructure spending and Obama care really destroyed us didn't they fellas. Here, just copy and paste this and post it: I WAS WRONG.

On another note, five Americans have accidentally shot their penis off since 2010. I heart guns.

Did you read the White House report last Monday on Projected rate increases for Obamacare insurance plans for 2016? Companies asking for 15%-20% increases to offsest costs. I am still waiting for my healthcare costs to go down $2500 like Obama promised over and over, he speaks he lies.

GDP contracted first three months of this year, and no terrible winter weather to blame it on this year. Second QTR probably not much better as consumer spending along with a high dollar and energy problems could barely get growth into the positive side of things. If the growth is less than 1% we are in Obamas second recession.

The unemployment rate according to Gallup (who I trust more than the Guberment ae current at cruntching numbers) has the current unemployment rate at 6.2% and Underemployed rate at 14.8%. Working part time at the Mall or McDonalds shouldnt be counted as Employed if that person really needs a full time real job.

Multiple state run exchanges are folding

Good chance Supreme court will strike down Federal Subsidies this month. If that happens the entire thing gets revamped by Republican controlled congress

 

[Neutron Monster]

That's a lot of stupidity to wrap up into one post.

It's too early to tell what will happen with insurance rates. Insurers only have to file if they plan to increase prices by 10%+. Seeing a bunch of filings with 10% or more doesn't tell you anything material right now because you don't see the data on companies whose prices aren't increasing by as much, or even at all.

The experience from 2014 to 2015 was nowhere near 10% on average, but we had the same headlines last year around this time. The bottom line is we don't have the data yet, and you can assume those pretending otherwise are partisans or they don't understand the rate making process.

You should look up the definition of "recession." It doesn't mean growth under 1%. Yes, growth was slow in Q1, and the government should be on top of that. We should be more worried about employment and wage growth, though.

The Gallup over the government stuff is the highlight...they are telling you the exact same thing as the BLS numbers if you'd bother to actually look both sets of data up and understand what they mean. There's no information you gain by choosing the 6.1% instead of 5.5% when using slightly different methodologies. Both numbers have declined by about 4.5% over the last 4-5 years - they're telling the exact same story - that the economy was really bad, it has slowly gotten better, but we still have underemployment that is acting as an impediment to wage growth.

Also, the government publishes six different measures of unemployment...it's not like there's "one" government number. The bottom line is they are good, credible data sets determined by nonpartisan individuals. Neither Bush nor Obama fudged this data. It's credible information that can and should be used by politicians of both parties in their analysis of the economy.

Why are state exchanges folding? Because the federal one works.

I would bet you even money on the SC, most nonpartisan observers are betting the law survives as is. The law, as applied, is clearly in line with Congress's intent, which is a normal standard used when the language in a bill isn't explicitly clear.

 

[Expect2Win]

But if nothing else his presence has slowed the growth.

Evidence?

 

[Neutron Monster]

If Obama had pushed harder for more stimulus/deficit spending in the midst of a demand-driven recession, it could have been better.

That's not what the other party wanted, though.

 

[vbsideout]

The other party wants nothing more than to stop Obama and the American people be damned! Hopefully this will change with our next president but I doubt it will. The divide in government has always been there but compromise was possible. Since our right leaning supreme court has made money speech and companies people our government has been shutdown