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Date: 09/07/12 07:00 AM

23 Responses to Real Disposable Income And Historical Events [Pic]

  1. Profile photo of elkingo
    elkingo Male 30-39
    5475 posts
    September 7, 2012 at 7:01 am
    Link: Real Disposable Income And Historical Events - It`s like people forget history.
  2. Profile photo of con_uk
    con_uk Male 30-39
    92 posts
    September 7, 2012 at 7:13 am
    this is obviously a statistic board created by some guy called Fred in St.Louis.
    check the board.
    it`s a hoax.
    Oh!Bam!Ahh! is a Mujahideen bent on destroying Greece because of the movie 300.
  3. Profile photo of madest
    madest Male 40-49
    7378 posts
    September 7, 2012 at 7:20 am
    Republicans will find a way to blame democrats no matter the facts.
  4. Profile photo of Rick_S
    Rick_S Male 40-49
    3291 posts
    September 7, 2012 at 7:43 am
    "Republicans will find a way to blame democrats no matter the facts."

    Once could just as easily say "Deomcrats will find a way to blame Republicans, no matter the facts."

    Both sides are equally guilty of that.
  5. Profile photo of CodeJockey
    CodeJockey Male 40-49
    5611 posts
    September 7, 2012 at 8:36 am
    That second valley being blamed on housing is actually the US price of fuel heading to $4.50 and people responding by not driving (in turn, less shopping.)
  6. Profile photo of Nickel2
    Nickel2 Male 50-59
    5879 posts
    September 7, 2012 at 8:45 am
    Lies, damned lies and statistics.
  7. Profile photo of Andrew155
    Andrew155 Male 18-29
    2579 posts
    September 7, 2012 at 9:26 am
    I`m not sure what this is trying to prove. That Bush`s stimulus didn`t work? Because I sure do see a mighty fall after his stimulus.

    2005 "War in Iraq". While the war was going on during that time, it had started like 2 years before that. Knowing that, remember correlation != causation.

    Community Reinvestment act didn`t seem to help much either, based on this.

    The biggest downturn here, other than the current crisis, occurred during Clinton...but it`s not labeled. Why?
  8. Profile photo of freddyferret
    freddyferret Male 40-49
    11741 posts
    September 7, 2012 at 10:45 am
    Numbers and stats can be twisted to work for anyone. I`ve seen polls that show Romney in the lead, while others have Obama winning. Whatever.
  9. Profile photo of CodeJockey
    CodeJockey Male 40-49
    5611 posts
    September 7, 2012 at 11:00 am
    "The biggest downturn here, other than the current crisis, occurred during Clinton...but it`s not labeled. Why?"
    What are you looking at?
    The biggest one `other` is people not being able to fly in 2001.
  10. Profile photo of elkingo
    elkingo Male 30-39
    5475 posts
    September 7, 2012 at 11:25 am
    This graph wasn`t created (I labeled it myself) to "prove" anything. I made it to show historical facts when they occurred and how the economy was when these facts occurred.

    The facts are:

    1. Clinton economics were no better than Bush economics.

    2. Historical facts impact the economy, and are often ignored.

    3. Obama is worse for the economy than Bush or Clinton.

    If you look farther, you can see what Bush`s stimulus did at a fraction of the cost in an effort to save us from the housing market crash as compared to the trillions Obama spent for the same end.


  11. Profile photo of elkingo
    elkingo Male 30-39
    5475 posts
    September 7, 2012 at 11:26 am
    BTW - this is a graph of how much money YOU have to spend on things other than bills.
  12. Profile photo of elkingo
    elkingo Male 30-39
    5475 posts
    September 7, 2012 at 11:27 am
    The high points in Clinton`s economics and the early Bush years should be attributed to the housing boom created by Clinton. Likewise, the crash should also be attributed to Clinton. It is all there in the 1s and 0s.
  13. Profile photo of elkingo
    elkingo Male 30-39
    5475 posts
    September 7, 2012 at 11:29 am
    I got this graph from the US department of Commerce btw. So yell HOAX!! and FAKE!! all you want. However, I challenge you to look it up yourself.
  14. Profile photo of slut_etta
    slut_etta Female 50-59
    3882 posts
    September 7, 2012 at 11:41 am
    let`s all just agree that right now the economy sucks. AND let`s hope it gets better soon. simplistic, i know, but my brain hurts and this is the best i could come up with.
  15. Profile photo of Monosandalos
    Monosandalos Male 30-39
    288 posts
    September 7, 2012 at 12:41 pm
    elkingo, it`s not how much money you HAVE, this is a graph of the average rate of change. It doesn`t show how that change is different for different income strata.

    Furthermore, the statement "Bush`s stimulus" compared to the "trillions Obama spent" is simplistic because a lot of that money went to banks and corporations.

    Thank you for annotating and sharing it with us though :-)
  16. Profile photo of trippyhippy9
    trippyhippy9 Male 18-29
    559 posts
    September 7, 2012 at 12:51 pm
    Both parties are socially irresponsible. As far as fiscal issues go, the Democrats have the republicans beat. The only reason they have the republicans beat fiscally is because they don`t start as many wars.

    They are all crooks. None of them have our best interest in mind. Nothing will change for the better until the government is violently overthrown and replaced.
  17. Profile photo of MackenBurger
    MackenBurger Male 18-29
    46 posts
    September 7, 2012 at 1:21 pm
    @trippyhippy9: Don`t start as many wars? Wars HELP the economy. The last war we were in was WWII and and it helped us get out of the depression. We haven`t been in a war since then, only conflicts, which don`t really impact our economy.
  18. Profile photo of OutWest
    OutWest Male 50-59
    546 posts
    September 7, 2012 at 2:38 pm
    Don`t forget to not only look at who was the President at each time. But also who was in control of the House and Senate.

    Sometimes a President not only gets all the blame, but all the credit when he has a co-equal branch of government that he is supposed to work with.
  19. Profile photo of VirtualParty
    VirtualParty Male 18-29
    787 posts
    September 7, 2012 at 3:57 pm
    This graph is not peer reviewed I looked on the source site.
  20. Profile photo of themax275
    themax275 Male 30-39
    16 posts
    September 7, 2012 at 4:07 pm
    @Mackenburger,

    Wars ultimately cost a lot more than they produce. The reason WWII led to a sustainable boom in U.S. and Soviet economy was due to a large chunk of European and English infrastructure being obliterated. After all was said and done, the U.S.S.R. and U.S. were the only countries able to keep up with any kind of demand.

    A line graph like this is not very usefull with so many drastic peaks and valleys. The only thing this shows is that the U.S. economy is volatile, but has ultimately sustained itself over the last 25 years. If you were to introduce a line showing the trend, it would be going straight across the board.
  21. Profile photo of elkingo
    elkingo Male 30-39
    5475 posts
    September 7, 2012 at 5:05 pm
    @VirtualParty -- It comes from the US Federal Reserve and Department of Commerce.. who do you want to "peer review" it? China?
  22. Profile photo of 5Cats
    5Cats Male 50-59
    33134 posts
    September 7, 2012 at 7:01 pm
    @elkingo: Excellent! Well done and all that good stuff!

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