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Very interesting link. I love how the 'Bush Depression' absolutely destroyed jobs in America from 2005 onwards.
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Very interesting link. I love how the 'Bush Depression' absolutely destroyed jobs in America from 2005 onwards.Scouse Git (2) La Fayette Adam Smith Solomwi and Loinburger will not be forgotten.
"Remember the night we broke the windows in this old house? This is what I wished for..."
2015 APOLYTON FANTASY FOOTBALL CHAMPION! -
Actually, the Bush Depression did not begin to early 2008. And employment is a trailing indicator, meaning it really didn't kick in until mid 2008.
Before that, the Bushonomics created lots of McJobs --y,know: low paying, no health care, no pensions, with little chance of advancement. Still, it's better to have a McJob than no job.
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"Bush Depression"Actually, the Bush Depression did not begin to early 2008. And employment is a trailing indicator, meaning it really didn't kick in until mid 2008.
Term used as irony to describe the economic expansion from 2001-2007 coinciding with the Bush Administration. Often used in contrast to the "Obama Depression" where the high tax policies, and government spending increased of the Obama administration resulted in 10 year lows in the stock market, and the continued loss of jobs throughout 2009.
"Man, I miss that Bush Depression, things were good back then, weren't they?"Last edited by Ben Kenobi; October 16, 2009, 01:56.Scouse Git (2) La Fayette Adam Smith Solomwi and Loinburger will not be forgotten.
"Remember the night we broke the windows in this old house? This is what I wished for..."
2015 APOLYTON FANTASY FOOTBALL CHAMPION!Comment
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It'll be 2010 soon.Life is not measured by the number of breaths you take, but by the moments that take your breath away.
"Hating America is something best left to Mobius. He is an expert Yank hater.
He also hates Texans and Australians, he does diversify." ~ BraindeadComment
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It's no President's fault. ****ing children, swear to god."I hope I get to punch you in the face one day" - MRT144, Imran Siddiqui
'I'm fairly certain that a ban on me punching you in the face is not a "right" worth respecting." - loinburgerComment
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I miss the Clinton depression.I'm consitently stupid- Japher
I think that opinion in the United States is decidedly different from the rest of the world because we have a free press -- by free, I mean a virgorously presented right wing point of view on the air and available to all.- NedComment
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Do you realize what an arrogant ass you make yourself when you use this term, right?Before that, the Bushonomics created lots of McJobs"The DPRK is still in a state of war with the U.S. It's called a black out." - Che explaining why orbital nightime pictures of NK show few lights. Seriously.Comment
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If you're quoting zkribby then the answer is "no".12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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Jesus, you were able to tell who that was by the quote/response alone. Awesome
"The DPRK is still in a state of war with the U.S. It's called a black out." - Che explaining why orbital nightime pictures of NK show few lights. Seriously.Comment
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Process of elimination. BK and Slowwy wouldn't have said that.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
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Ouch!Speaking of Erith:
"It's not twinned with anywhere, but it does have a suicide pact with Dagenham" - Linda SmithComment
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You might want to check on how well that "expansion" went in 2001-2002.Originally posted by Ben Kenobi View Post
After that, the Bush Bubble began, fueled by lack of regulation in the mortgage market, causing a real estate bubble, and fueled by run-away consumer spending where, near the end, the savings rate for the entire nation went negative.
We appeared to be rich, but it was leprechaun gold.
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We're still down 50 percent from the 'lows' of the 'Bush depression', Zkribbler. Man, this must be the Obama Abyssal plain.Scouse Git (2) La Fayette Adam Smith Solomwi and Loinburger will not be forgotten.
"Remember the night we broke the windows in this old house? This is what I wished for..."
2015 APOLYTON FANTASY FOOTBALL CHAMPION!Comment
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Again, you're confusing Obama with Bush. [Remember: Obama's the one who can speak in complete sentences.]
The DJIA high was 14,000. The crash was under Bush, leaving Obama to take office with a plummetting market. But Obama turned in around in just six weeks when the DJIA bottomed out at 6,500. Since then, it's been up, up, up.
Indeed, it's climbed 50% since the March lows. 
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