Yeah...I know Obama got a bad economy to work with, but so did Regan and look what happened there ( I didn't even like him). Obama had EIGHT years to get things going like they are now, but he didn't make it. YOU may call it a full blown economy but how many jobs did YOU lose under Obama. I'll bet none. The cabinet shop I worked at for 26 years and was in business for 50 years closed down due to the economy. Two of the materials suppliers that we used went out of business...due to the economy. One fellow employee used up all of his unemployment and just gave up trying to find work, and him and his wife of 28 years divorced. I haven't heard from him since. Another fellow employee started cutting grass for a living. I got a job in security only because crime was on the increase, but my wages fell from $14 to $8 per hour. Within a year I got my armed license and now I make $10 per hour for being the first target. The man who owned the shop died penniless as he spent everything trying to stay open.

I would NOT call that a full blown economy. A persons view on Obama's economy depends on which side of those tracks you happen to be on. Just like your party said Trump would destroy the economy and go to nuclear war with N. Korea, that all the L**THDCFRXE community would lose all their rights. An now Obama is saying that HE is responsible for the economy we are enjoying now. What a frikkin joke. HE had eight years and couldn't do it. Trump has had 18 months, NOT YEARS, and is kicking it like a mule.

As for his trade policies, ANYBODY who knows anything about trade knows that Trump's decisions will take a small dip, which is the time the other countries that have been bleeding us dry take to realize that they can't do without us. They WILL buckle under and some already have. So, YOU tell me why we can't have a more balanced trade agreement with just one country, much less the rest of them. What's wrong with a more balanced trade agreement?

Can you show me ANYTHING that point's to Obama being the father of this booming economy? And ye'all keep saying 'Oh it can change in a heartbeat' . If it did, would you hang THAT on Obama too, since this is HIS economy?(according to him and yours).

For the 1000th time do YOU understand the difference between 8 years compared to 18 months? Or a firec*****r compared to a stick of dynamite? Obama was a firec*****r. Trump is dynamite!

Nuclear,

Do not let yourself be roped in by these s**ms.. they come with an orange tinge... That should be a clue..

Lots of other reports if you do not like this one..

https://reason.com/volokh/2018/08/27/no-black-business-ownership-didnt-increa

No, Black Business Ownership Didn't Increase 400% in One Year
PolitiFact has the details -- but in any event, the purported statistic was suspect on its face.
Eugene Volokh|Aug. 27, 2018 11:11 am

Last week, I saw a report that seemed enheartening but left me suspicious -- to quote one account, "According to the Minority 2018 Small Business Trends survey, the number of black-owned small businesses in the U.S. increased by a staggering 400% in a year-over-year time period from 2017 to 2018." This statistic was picked up by a variety of sites, including conservative/libertarian sites, publications aimed at black readers, and general business sites. Last Monday, I e-mailed the publisher (Guidant Financial) to ask for details, but didn't hear back, and I was traveling with family so I put off further inquiries until today.

But PolitiFact (Kyra Haas) beat me to it; here's a quick excerpt:

In November 2017, small business financing company Guidant Financial and online credit marketplace LendingClub Corporation sent out an email survey to their clientele nationwide; they received responses from about 2,600 "current and aspiring entrepreneurs." The companies both posted general articles about the results of that survey on their websites in January without making any distinctions about race or ethnicity except that 47 percent of "aspiring entrepreneurs" surveyed were minorities.

The 400 percent increase in black-owned businesses claim, however, was not made until a subsequent graphic was published on Guidant's website on Aug. 8.

It was not clear from the released results how the companies came up with the 400 percent jump. The percentage of African-American respondents who owned businesses was not published, nor was that figure from last year.

The survey sample was not random, the response was voluntary, and the margin of error was not made public....

PolitiFact contacted Guidant about the claim in the graphic on Aug. 21. Two days later, a new version of the graphic was posted, this time without any mention of a 400 percent increase.

"We have found that the 400% statistic is being misrepresented in its context and therefore we have decided to pull that statistic from our info graph," public relations consultant for Guidant Stacia Kirby said in an email....

There's thus no real reason to think that the 400% increase claim is correct -- and ample reason, regardless of your politics, to doubt it, simply because 5-fold increases in this kind of number in one year are just so wildly improbable. Even if you think President Trump's economic plan is stupendous, or, if you prefer, President Obama's economic plan is stupendous and is just bearing fruit, a change like this doesn't happen in one year.

Recall that the claim wasn't even about a 5-fold increase in new business formation, or, if you prefer, a 4-fold increase in new business formation misleadingly reported as a 400% increase -- the claim was about such an increase in the total number of black-owned businesses. Even rates of change don't generally increase so sharply; but the total amount of pretty much anything almost never increases that way in a large economy (setting obvious exceptions such as the amount of newly developed technological goods, or the number of people in some subcategory of a group that itself sharply increased as a result of a sudden burst of immigration).

More specifically, the Census Bureau reported that "The number of black or African American-owned firms grew 34.5 percent between 2007 and 2012 — from 1.9 million to 2.6 million in 2012." That's a healthy growth, a 6% yearly increase. Is it really likely that the number grew 400% instead in one year? Or assuming that the number held more or less constant from 2012 to 2016, that it grew by 10 million in one year after that? (The total black population in the U.S. is about 43 million, and only a small percentage of any ethnic group owns businesses.)

So whenever you hear a claim such as that one, your Spidey sense should start tingling. It's not just that it's good to be true, it's too big to be true.

Eugene Volokh is the Gary T. Schwartz Professor of Law at the UCLA School of Law and co-founder of the Volokh Conspiracy blog, now hosted at Reason.

Yeah...I know Obama got a bad economy to work with, but so did Regan and look what happened there ( I didn't even like him). Obama had EIGHT years to get things going like they are now, but he didn't make it. YOU may call it a full blown economy but how many jobs did YOU lose under Obama. I'll bet none. The cabinet shop I worked at for 26 years and was in business for 50 years closed down due to the economy. Two of the materials suppliers that we used went out of business...due to the economy. One fellow employee used up all of his unemployment and just gave up trying to find work, and him and his wife of 28 years divorced. I haven't heard from him since. Another fellow employee started cutting grass for a living. I got a job in security only because crime was on the increase, but my wages fell from $14 to $8 per hour. Within a year I got my armed license and now I make $10 per hour for being the first target. The man who owned the shop died penniless as he spent everything trying to stay open.

I would NOT call that a full blown economy. A persons view on Obama's economy depends on which side of those tracks you happen to be on. Just like your party said Trump would destroy the economy and go to nuclear war with N. Korea, that all the L**THDCFRXE community would lose all their rights. An now Obama is saying that HE is responsible for the economy we are enjoying now. What a frikkin joke. HE had eight years and couldn't do it. Trump has had 18 months, NOT YEARS, and is kicking it like a mule.

As for his trade policies, ANYBODY who knows anything about trade knows that Trump's decisions will take a small dip, which is the time the other countries that have been bleeding us dry take to realize that they can't do without us. They WILL buckle under and some already have. So, YOU tell me why we can't have a more balanced trade agreement with just one country, much less the rest of them. What's wrong with a more balanced trade agreement?

Can you show me ANYTHING that point's to Obama being the father of this booming economy? And ye'all keep saying 'Oh it can change in a heartbeat' . If it did, would you hang THAT on Obama too, since this is HIS economy?(according to him and yours).

For the 1000th time do YOU understand the difference between 8 years compared to 18 months? Or a firec*****r compared to a stick of dynamite? Obama was a firec*****r. Trump is dynamite!

Yeah...I know Obama got a bad economy to work with, but so did Regan and look what happened there ( I didn't even like him). Obama had EIGHT years to get things going like they are now, but he didn't make it. YOU may call it a full blown economy but how many jobs did YOU lose under Obama. I'll bet none. The cabinet shop I worked at for 26 years and was in business for 50 years closed down due to the economy. Two of the materials suppliers that we used went out of business...due to the economy. One fellow employee used up all of his unemployment and just gave up trying to find work, and him and his wife of 28 years divorced. I haven't heard from him since. Another fellow employee started cutting grass for a living. I got a job in security only because crime was on the increase, but my wages fell from $14 to $8 per hour. Within a year I got my armed license and now I make $10 per hour for being the first target. The man who owned the shop died penniless as he spent everything trying to stay open.

I would NOT call that a full blown economy. A persons view on Obama's economy depends on which side of those tracks you happen to be on. Just like your party said Trump would destroy the economy and go to nuclear war with N. Korea, that all the L**THDCFRXE community would lose all their rights. An now Obama is saying that HE is responsible for the economy we are enjoying now. What a frikkin joke. HE had eight years and couldn't do it. Trump has had 18 months, NOT YEARS, and is kicking it like a mule.

As for his trade policies, ANYBODY who knows anything about trade knows that Trump's decisions will take a small dip, which is the time the other countries that have been bleeding us dry take to realize that they can't do without us. They WILL buckle under and some already have. So, YOU tell me why we can't have a more balanced trade agreement with just one country, much less the rest of them. What's wrong with a more balanced trade agreement?

Can you show me ANYTHING that point's to Obama being the father of this booming economy? And ye'all keep saying 'Oh it can change in a heartbeat' . If it did, would you hang THAT on Obama too, since this is HIS economy?(according to him and yours).

For the 1000th time do YOU understand the difference between 8 years compared to 18 months? Or a firec*****r compared to a stick of dynamite? Obama was a firec*****r. Trump is dynamite!

It was astounding that America v**ed in a Socialist obama administration to fix the economy in 2008. America handed obama a blank canvas to draw wh**ever economy he wanted. America handed the wolf Frenched Rack of Lamb, all u kin eat.
Obama's goal was to level America to a manageable country for the international left. The opportunity to squash the economy was a huge stroke of luck for obama. If it moved, obama taxed it. If it kept moving, obama regulated it. If it stopped moving, like General Motors, obama subsidized it.
Obama tried, but to his dismay, he couldn't suppress the economy as much as he planned to do.
Trump removed the shackles obama put on America, and within hours of Trump's e******n, the markets soared.
Obama's economic policies were poison, meant to k**l us. Trump is the only antidote.

Perm
Trump had not much to do with that, that was the Bonds (as I predicted) continuing to wobble due to years of deficit borrowing/spending and the Fed tightening with their interest rates.

Go back in time, only on 3 occassions has bonds and stocks sold off big at the same time. Each time this has happened, a massive market correction took place followed by a deep recession. Get ready, the economy is about to get crushed and it's going to be the debt bubbles that everyone ignored for decades that's going to do it!

You cant keep printing phony money backed by nothing in a finite world!

Cause & Effect!

Well, have not heard anyone else looking at the bond market.. think you are right about both selling off..

When I started this coffee, i skimmed over some economic info.. today has been shaky but not bad.. I think the market will be fine for awhile yet..

the thing that were mention as making the market worry was overvalued tech stocks, which are taking most of the loses from yesterday.

The rise in interest rates and the finally but still very low rise in wages.. better pay is not what business wants. Nor do the they want high interest.. the last guy kept interest at lowest rate possable..

Now, with business flooded with money and booming, rates can not be held down and we will see some downward pressure..

I just love those terms they use;;; like "downward pressure" is that supposed to make me feel they are in control?

Well, have not heard anyone else looking at the bond market.. think you are right about both selling off..

When I started this coffee, i skimmed over some economic info.. today has been shaky but not bad.. I think the market will be fine for awhile yet..

the thing that were mention as making the market worry was overvalued tech stocks, which are taking most of the loses from yesterday.

The rise in interest rates and the finally but still very low rise in wages.. better pay is not what business wants. Nor do the they want high interest.. the last guy kept interest at lowest rate possable..

Now, with business flooded with money and booming, rates can not be held down and we will see some downward pressure..

I just love those terms they use;;; like "downward pressure" is that supposed to make me feel they are in control?

David Letterman. Not the brightest bulb on the tree! LOL! And now he wants to look all intellectual with the big beard and the "thoughtful" little once a month talk show. All he does is pander to l*****ts and in all honesty, he doesn't seem to know what it is he is talking about. So many of his guests practically roll their eyes at some of his comments.

Remember what the good book says, get the plank out of your eye before complaining about the splinter in someone else's. LOL!! He's just a male Oprah and even less entertaining.