Kohler only reports half the Story!

Discussion in 'Markets & Economies' started by errol43, Jan 18, 2017.

  1. errol43

    errol43 New Member Silver Stacker

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    Alan Kohler on ABC news gave a report on the health of the US economy! All good news for the Obama years (2008 to 2016)...Unemployment down from 10% to only 4%....Gdp at 3.4% gain.....Dow jones up to record high...etc etc.

    What he DIDN'T SAY!! Food Stamp Welfare Payments up to 50 million....National Debt up to $20,000,000,000,000.....Three QE to prop up the stockmarket along with the PLUNGE PROTECTION contributions plus EXCHANGE Stabilization funds...


    It is not as rossy as Kohler makes out.

    What is your take on the US economy???


    Regards Errol 43
     
    errol43, Jan 18, 2017
    #1
  2. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    True about the others but USA is making a profit from the three QE
     
    Ipv6Ready, Jan 18, 2017
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  3. JulieW

    JulieW Well-Known Member Silver Stacker

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    [youtube]http://www.youtube.com/watch?v=XQmBXEZEYtg[/youtube]

    or

    [youtube]http://www.youtube.com/watch?v=AAW6D21ICdg[/youtube]

    I'm not sure but I suspect the second.
     
    JulieW, Jan 18, 2017
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  4. Silverthorn

    Silverthorn Well-Known Member

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    I think people are too hard on Obama considering McCain threw the election when he realised just how bad things were.
     
    Silverthorn, Jan 18, 2017
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  5. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    It's all just about providing some context for future political manoeuvres.

    When the US inevitably downturns during the Trump term the sheeple will start begging for a return to the "golden" Obama years and Michelle will be ready and waiting.
     
    BuggedOut, Jan 18, 2017
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  6. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    No hope, it's stuffed with that national debt.
     
    Skyrocket, Jan 18, 2017
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  7. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    [youtube]http://www.youtube.com/watch?v=kJBl6JjK-hY[/youtube]
     
    phrenzy, Jan 18, 2017
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  8. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    ABC = fake News
     
    Shaddam IV, Jan 18, 2017
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  9. leo25

    leo25 Well-Known Member Silver Stacker

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    Alan Kohler was good going back a few years ago, but looks like ABC stopped him from talking too much. ABC has become a real joke.
     
    leo25, Jan 18, 2017
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