How come the US economy is in recession, americans are getting poorer with each passing day...

How come the US economy is in recession, americans are getting poorer with each passing day, but DA BAMA administration keeps telling everyone the economy is actually booming? What is the point of doing this?

they are just trying to sell the meme that Democrats are good at economics

This

>Something something
>Bill Clinton

A lot of people will take repetition as fact and not look any further. This is especially true if the repetition fuels confirmation bias they already hold because they have a job and feel secure. If they didn't feel secure, or if the administration didn't repeat the message, then you might have another occupy movement spring up at the literal worst time imaginable.

Because the general rule for declaring a recession is two quarter of negative GDP growth. It's headed there as much of the data is flattening out paving the way soon for another cyclical downturn.

>the US economy is in recession
Is it? [citation needed]

>muh job creation
More jobs of poorer quality. More part timers, more people forced to work sub-40 hours so employers can cut benefits, more illegals dividing up labor into cheap small segments. That's what these corrupt globalist shills mean when they say "job creation" or "stimulate the economy".

You're not officially in a recession until the leaders say so.

>You're not officially in a recession until the leaders say so.
We are officially in a recession, as another poster noted, when the GDP shrank two consecutive quarters.

Are you stating that the claim is fallacious?

There are no poor whites according to Democrats

This is just what late stage capitalism looks like.

>The state is now almost 25% of GDP
>government distortion and control of the economy is so massive and widespread it is hard to even call anything that happens a market phenomenon
>welfare that would make an early 20th century socialist blush
>literally trillions in debt
>government printed fiat currency
>central control of fractional reserve banking

what "capitalism" are you referring to? How far down the marxist road to hell do we have to go before you stop blaming the very system we are running from

All I see is highly corrupt socialist-corporatist Keynesian debt zombies, predictably failing

Bernie isnt a democrat. He just ran on the democratic platform because it was his only chance. He has been registered as an independent for decades.

He's trying to leave a legacy.

He's failed. So he's taken a page from HRC

And he just happened to vote the same as democrats 96% of the time.

One leaf poster that always tries to post graphs, I'd like to punch until my arms got tired.
Although graphically the numbers look good, the last eight years have been a huge down turn in construction mainly due to illegal labor.
Huge firms hire small contractors, that absolve them of the responsibility of hiring illegals. Most large scale construction had a majority of illegal labor. Doing things most Americans would do.
I'm not displeased with Obama, I'm fed up with him lying and changing facts to support "what a great economy".

I'm not mad at you, Canada-bro. I hate some of your countrymen.

His super-wealthy Wall Street owners are getting richer everyday due to his flooding the markets with trillions of dollars in free money (practically free for the rich/investors to borrow), but far from free to the average American taxpayer who will have to pay it back through their taxes and is robbed by the inflation it has caused.

Well, the poster you're replying to is not wrong: you're relying on government data for an indication of a recession. Who knows what kinds of correction factors they use in their calculations... Just goal seek that sumbitch.

Oh yea I saw him too. I think he's trolling though.

>Well, the poster you're replying to is not wrong:
Are you implying bureaucrats are our leaders?

how is that guy the middle class exactly

Came here to say this

i mean thats the republican ticket through and through

It's the globalist ticket. Bipartisanship is just part of their smoke and mirrors. Bush/Clinton/Obama are the same lapdogs beholden to the establishment.

Oh no, god forbid, a lefty doesn't vote for the Republicans in a two-party-system?
Must be because he's a democrat.

Don't be a retard. That's not how it works. They all vote on legislation and there's nothing forcing any of them to vote the exact same as anyone else let alone an entire party.

He was full of shit.