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That we (the U.S.) have created a shitload more jobs and have a higher GDP by like 40-50%
, but we're still in massive debt from the recession, unemployment isn't significantly lowered
Being charitable, unemployment is a little bit up from 2000 (holy shit sub-4%!) but is is way down from right after the recession.
, average income is dropping,
college is unaffordable to most people,
Can anyone find the data about falling student loan payments as a % of income?
citizens' taxes are much higher with no direct benefit
Tax rates fell for every income group 2000-2007 (pdf). Anyone have more recent data?
we're possibly approaching a second recession and real estate bubble burst
We're always "possibly approaching a recession". That statement is meaningless.
tax breaks are now prevalent for corporations, corporate tax is low
Almost the highest corporate tax rate in the developed world.
corporations are making higher earnings in the U.S. than ever before
I'm willing to believe this.
and will soon have nothing backing our economy anymore because oil companies are shelling out barrels by the thousands at low prices.
Does oil back our economy? Did we turn into Saudi Arabia while I wasn't watching?
But hey, at least the USD is up vs. the other major currencies by <10% compared to 2000!
This implies that an appreciating currency is always a good thing, which is not the case. Also, USD is down vs. EUR and GBP if I'm reading this chart correctly (source).
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