Name:	MartiniMan -	Reply
Subject:	Worst economic recovery since WW2 downgraded
Date:	7/30/2015 1:44:02 PM

As bad as it was before, it has actually been further donwgraded by the Commerce Department.  Oh, and don't be fooled by the Q1 revisions.  Commerce changed the metholodolgy that bumps up the numbers from the prior metholodology.....a complete fraud.  Even so, the Obama recovery remains the worst since the miserable failure FDR who was only saved by war.

Name:	architect -	Reply
Subject:	"You lie" as is typical
Date:	7/30/2015 10:43:30 PM (updated 7/30/2015 10:47:27 PM)

It is a fact that this recovery is not the worst ever since WW II or any other time frame you wish to consider.  It is especially not the worst ever when weighed against the depth to which the economy had contracted before the recovery began...by far the worst contraction since the Great Depression.  In addition to an employment, spending, construction and general economic contraction, the 2008 downturn included a banking crisis. Until 2008 the 1929 collapse was the only crisis since WW I that included the drag of a major monetary-banking crisis. 

In the early stages this recovery was below the average recovery but not the slowest ever and in the past 36 months the recovery, by most measures, has been better than average.  The "better than average" is especially true for corporate profits which have experienced a recovery exceeded only by the recovery from the 1949 recession...why aren't the business conservatives which dominate this forum celebrating this fact?

Because MM says it don't make it so! He is entitled and welcome to his own opinions but not to his own facts.

Look it up folks.  It will take a little research but the truth is there for those willing to accept it...not a common trait on this forum.

Name:	lucky67 -	Reply
Subject:	"You lie" as is typical
Date:	7/31/2015 8:18:20 AM

Anyone who believes any economic numbers posted by gov't agencies ( under any administration) should visit my lakefront lots in the Mojave Desert

Name:	MartiniMan -	Reply
Subject:	"You lie" as is typical
Date:	7/31/2015 5:22:31 PM

Let me guess. Archie refuses to believe the truth. Well duh!  How about this challenge. Name a recovery that was worse and why. 

Name:	GoneFishin -	Reply
Subject:	"You lie" as is typical
Date:	7/31/2015 9:40:41 PM

You ask him a question but don't read his post.Why don't you quit acting like a middle school brat and read his post and find the answer?

Too bad you can't handle Achies comments so you ignore him. Kinda petty for a 1%er. 

Name:	MartiniMan -	Reply
Subject:	Why the fixation?
Date:	8/1/2015 9:33:30 AM

i'll repeat myself because you are apparently slowing down in your old age or drank too much contaminated water in NJ.  I don't need to read his posts to know exactly what he said. I am quite sure he called me a liar, claimed there have been worse recoveries and offered zero evidence, zero references and zero proof. Heck, even left wing nut sites acknowledge this has been the worst recovery, they just blame Bush.  If Archie can find a worse recovery since WW2 using all the major economic indices I am all ears and may even read that post. But I will stick with the work of the Wall Street Journal, Economist, Forbes and all the other business rags that examine this stuff.  

I do not need to read his posts and have him lower my IQ. He's already done enough damage to yours. ??

Name:	architect -	Reply
Subject:	The evidence is there...dare to look it up MM!
Date:	8/1/2015 11:01:34 AM (updated 8/1/2015 11:09:17 AM)

My research was at sources such as Forbes, Bloomberg, FT etc...not just Gov't stats.

The current overall recovery from the pre-recession high back to the same level has been the "longest" but not the weakest since the Great Depression...use a few brain cells people...the drop from high to low point of the Great Recession was also the steepest and deepest since the Depression.

Well duh, does it not make sense that the recovery from the low point to pre-recession level would take longer because it had further to go?

The jobs recovery started out very poorly but is now moving along at better than the pre-recession rate.  The stock market recovery has been better than average from the beginning of the recovery.  The corporate profits recovery have been much better than typical,  Average worker income has been disappointing but has been mitigated by almost non-existant overall inflation (have to wonder if the income recovery would be better if the corporate profits recovery had been spread around a bit...yeah yeah l know socialist/ marxist/communist blah, blah, blah)...sure, if the corporate profits had benn spread among the employees instead of the investors the m stock recovery might have been slowed.  Manufacturing growth has slowed now but in the early recovery had been impressive after years of retreat.  Bottom line it is a mixed bag but the current 5 1/2 year and counting recovery started slowly but has accelerated in the last 3 years and is now exceeding previous recoveries in some measures while lagging in others.

Now, I know you guys still think we are at best treading water and that all that is bad can be laid at Obama's door step.  Well, if that is so do you place the original collapse at George W's door step...after all it occured on his watch?  Isn't what's good for the goose good for the gander?  Actually no...Bush bears very little of the blame (congress maybe) for the recession and Obama deserves little of the blame or credit for the recovery.

Name:	GoneFishin -	Reply
Subject:	Time To Educate MM
Date:	8/1/2015 12:29:25 PM (updated 8/1/2015 12:34:50 PM)

"It is a fact that this recovery is not the worst ever since WW II or any other time frame you wish to consider.  It is especially not the worst ever when weighed against the depth to which the economy had contracted before the recovery began...by far the worst contraction since the Great Depression.  In addition to an employment, spending, construction and general economic contraction, the 2008 downturn included a banking crisis. Until 2008 the 1929 collapse was the only crisis since WW I that included the drag of a major monetary-banking crisis. 

In the early stages this recovery was below the average recovery but not the slowest ever and in the past 36 months the recovery, by most measures, has been better than average.  The "better than average" is especially true for corporate profits which have experienced a recovery exceeded only by the recovery from the 1949 recession...why aren't the business conservatives which dominate this forum celebrating this fact?"

"My research was at sources such as Forbes, Bloomberg, FT etc...not just Gov't stats.

The current overall recovery from the pre-recession high back to the same level has been the "longest" but not the weakest since the Great Depression...use a few brain cells people...the drop from high to low point of the Great Recession was also the steepest and deepest since the Depression.

Well duh, does it not make sense that the recovery from the low point to pre-recession level would take longer because it had further to go?

The jobs recovery started out very poorly but is now moving along at better than the pre-recession rate.  The stock market recovery has been better than average from the beginning of the recovery.  The corporate profits recovery have been much better than typical,  Average worker income has been disappointing but has been mitigated by almost non-existant overall inflation (have to wonder if the income recovery would be better if the corporate profits recovery had been spread around a bit...yeah yeah l know socialist/ marxist/communist blah, blah, blah)...sure, if the corporate profits had benn spread among the employees instead of the investors the m stock recovery might have been slowed.  Manufacturing growth has slowed now but in the early recovery had been impressive after years of retreat.  Bottom line it is a mixed bag but the current 5 1/2 year and counting recovery started slowly but has accelerated in the last 3 years and is now exceeding previous recoveries in some measures while lagging in others.

Now, I know you guys still think we are at best treading water and that all that is bad can be laid at Obama's door step.  Well, if that is so do you place the original collapse at George W's door step...after all it occured on his watch?  Isn't what's good for the goose good for the gander?  Actually no...Bush bears very little of the blame (congress maybe) for the recession and Obama deserves little of the blame or credit for the recovery." Archie makes alot of sense.

Name:	MartiniMan -	Reply
Subject:	A small sample of sources
Date:	8/3/2015 5:15:53 PM

http://www.wsj.com/articles/SB10001424052702303816504577311470997904292

http://www.forbes.com/sites/peterferrara/2013/02/07/the-worst-five-years-since-the-great-depression/

http://news.investors.com/ibd-editorials/060412-613655-obama-economic-recovery-worst-since-great-depression.htm

http://news.yahoo.com/economic-recovery-weakest-since-world-war-ii-152031546--finance.html;_ylt=A0LEVi1V2b9Vq.cAeLYPxQt.;_ylu=X3oDMTE0N2EzZTlkBGNvbG8DYmYxBHBvcwM3BHZ0aWQDRkZYVUkzOV8xBHNlYwNzcg--

http://www.huffingtonpost.com/2012/08/15/us-economic-recovery-weak_n_1783065.html

I could go on and on and on.