The Sun's not yellow it's chicken

princelytreasures:

thesalorepublic:

princelytreasures:

jtem:

lolingatliberals:

leftybegone:

Source: That right-wing rag known as The New York Times.

Conservatives said this would happen. They said it would happen, not to scare people, but because they understand economics.

Liberals said this would not happen. They said it would not happen, not because they don’t understand economics, but because they lied to you.

Everybody, reblog.

That damn New York Times and it’s right-wing extremist garbage.

You don’t understand economics. Please don;t kid yourselves. You don’t understand economics, you don’t understand politics and you certainly can’t read a frigging graph !

As an example: Your graph shows that the increases are well below what we saw under Bush, and you “Conservatives” had no problems back then with the big increases. Secondly, wages are UP according to your graph, with their drop beginning under Bush in 2008.

So, your very own graph shows that Republicans are responsible for a drop in wages, Obama is responsible for an increase in wages and the growth in healthcare cost is below what we saw under Republicans.

I can understand how you missed all this. I mean, it was only staring you in the face. Conservatives can’t grasp anything THAT subtle….

And, oh, insurance premiums are spiking because national healthcare is coming. They need to rake in as much profits as they can now, while they can still rape you and your family (and you are still thanking them for it). We saw the exact same thing with long distance telephone service back in the 1990s. The writing was on the wall — no longer would they be able to charge as much as 20 cents a minute for a long distance call — so they had to screw the customers as much as they could, while there was still a long distance market to screw them with. That’s all over now with today’s call-anywhere.

Technically this isn’t so much “Economics” as it is “Business.” If conservatives were capable of understanding they wouldn’t have needed all that bailout money…

I don’t feel like getting into this, but…

“…wages are UP according to your graph, with their drop beginning under Bush in 2008.”

…What? Are you literally blind?

But… Earnings dropped from ‘08-‘10, from 4% to 2%. Inflation went UP, quite badly.

In fact, inflation is now higher than the workers earnings. At least in ‘11. 

Workers earnings haven’t gone up. I don’t know how jtem didn’t notice this.

The curious world of jtem.

THE GRAPH IS NOT ACCURATE!

It’s counting inflation TWICE. In constant dollars wages are up, it;s only because of inflation, the drop in the value of the money (less buying power) that wages are down. So the graph is counting inflation TWICE.

Inflation, my dear conservatives, is the result of two things: Oil prices and all the “Free Money” conservatives keep handing to billionaires.

Where on earth did you think the money for the “Temporary” tax cuts has been coming from? The cost of the tax cuts is more than $450 billion this year alone, and they are completely unfunded. This means more than $450 billion in new money is flooding into our economy. Then there was the $1.5 trillion in bucks-for-billionaires “Bailout” money. The bailouts officially began after 9/11, when Bush lavished nearly $20 billion on the airline industry and the cash hasn’t stopped yet.

THAT’S your inflation, you fake “Conservatives.” You can’t dump trillions in new money into the economy and not see inflation. Get rid of the bucks-for-billionaires and inflation will drop. Not completely. Oil is a major player here, and the source of most of our economic problems. But the irresponsible fiscal policies (like the tax cuts) are making matters worse.