Showing posts with label The Great Recession. Show all posts
Showing posts with label The Great Recession. Show all posts
Monday, May 11, 2026

US economic growth peaked during the Reagan administration because America is a debt-based economy and we turned our backs on the formula during it

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 The trend for the growth of the total universe of US debt, TCMDO or total credit market debt outstanding, rolled over after 1985, one year ...
Sunday, May 10, 2026

I stopped caring about this particular economic measure when I realized that it obscures the fact that the top 20% in this country receive 60% of the income it displays

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Frankly, most of the economic charts produced by the government do this kind of thing. Most of the time the rich use this data to tell you h...
Friday, May 8, 2026

Elusive full-time jobs which fell off a cliff in the Great Recession hold back couple from having the children they want

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52% had a full time job on average in 2007, just 49% in 2025    ... Clare Zakowski, a 28-year-old who works part time as a manager at a the...

Birth dearth blamed on chaos and uncertainty produced by the Great Recession

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 ... In the aftermath of the financial crisis of 2008, however, sometimes referred to as the Great Recession, births in Norway, Denmark, Sw...
Friday, March 6, 2026

48.4% had a full time job in Feb 2026, similar to Jan 2009 when everything was so wonderful and getting wonderfuller

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Sunday, February 22, 2026

I keep hearing what a smart guy Jeffrey Epstein was, but his explanation for the housing crisis and the Great Recession doesn't hold up

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 In a nutshell, Epstein blamed the whole debacle on Bill Clinton, saying Clinton did what he did for votes .  Unfortunately for Epstein, Fan...
Friday, February 20, 2026

GDP in 2025 would be double what it is had economic growth continued after 1984 at the 1929-1984 compound annual rate of 6.869%

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 Nominal GDP in 2025 would be $61.524 trillion instead of $30.778 trillion had economic growth continued at the 55-year 1929-1984 compound a...
Wednesday, February 11, 2026

I'm so old I remember when Jan 2026 full time employment at 48.79% of population was Great Recession level bad

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 That whole China joining the WTO and globalization thingy has really worked out great for the American middle class amirite? The winter tre...
Saturday, February 7, 2026

Why everything sucks since the Great Recession: Real GDP in the 18 years since 2007 has been growing at a compound annual rate of just 2.004%

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 The compound annual growth rate before that, for the 60 years from 1947 to 2007, was 3.469%. We're doing 42% worse. It's uncanny.  ...
Friday, January 30, 2026

The wealth inequality of today's K-shaped economy goes back to the Reagan Revolution

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Wealth inequality and the ‘K-shaped’ economy are more striking than ever, data shows   They take vacations and buy luxury goods. You struggl...
Friday, January 9, 2026

Donald Trump has so far done nothing to boost manufacturing employment, which is down 208,000 since Feb 2023 through Dec 2025

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Trump's peak average was 12.779 million manufacturing employees in 2019. We're at 12.732 million on average in 2025. The 2023 averag...
Saturday, December 27, 2025

Bankruptcies in 2025 surge to a level not seen since 2010

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  Corporate bankruptcies surged in 2025, rivaling levels not seen since the immediate aftermath of the Great Recession, as import-depend...
Thursday, December 25, 2025

Unbelievably rosy GDP report contained core pce inflation data at 2.9% countering previous rosy core cpi inflation report at 2.6% and indicating rising inflation

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 U.S. economy grows by 4.3% in third quarter, much more than expected, delayed report shows   The U.S. economy grew at a much greater-than-e...
Tuesday, December 23, 2025

Because we can't build them ourselves

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  Hanwha Ocean shares jump 10% after Trump says South Korean firm to build warships for U.S. Navy   Manufacturing capacity utilization was d...
Thursday, December 18, 2025

Trump gaslights America about affordability in last night's speech, says it only became an issue during the Biden administration

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 I've been talking about affordability until I'm blue in the face right here ever since the Great Recession wrecked America and Obam...
Wednesday, December 17, 2025

The Trump-Limbaugh dumb ass unemployment rate holds at 37.56% in November 2025

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 103.165 million were eating but not working in November 2025. Many of these people were over 65 and under 20, but I don't make the rule...
Saturday, November 15, 2025

Owner-occupied housing is in short supply, in part because of pandemic-related panic-buying by 5.4 million in 2020, not because of a post-pandemic illegal alien surge under Joe Biden

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 ... we flooded the country with 30 million illegal immigrants who were taking houses that ought by right go to American citizens ... Under ...
Monday, November 3, 2025

Trump is in big trouble with the voters on the economy and constitutional rights

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 Blue Wave incoming.  Poll: Frustration with Trump gives Democrats an opening a year before the midterms Around two-thirds of voters say Tr...
Thursday, September 25, 2025

Real GDP since the Trump tax reform in 2017 still lags the post-war rate by 27.5%

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Today's third estimate for 2Q2025 real GDP came in 0.5 points hotter at 3.8% on increased consumer spending:  Real GDP was revised up 0...
Thursday, August 28, 2025

Can you spot the GDP?

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  The real GDP report is out and it looks better than a month ago: +3.3% seasonally-adjusted annual rate for the second estimate for 2Q2025...