2010: Private-Sector Jobs; Obama SMACKS Bush!!

[Mr. Shaman]

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Is your CRYIN'-TOWEL HANDY, 'BAGGERS??!!!!!

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[Sallow]

Good news!

 

[LibocalypseNow]

Any post title that boasts about someone "smacking" someone is most likely Bull Shit. Get back to us when your Hopey Changey achieves 4% Unemployment. Till then...He's a just a big Fail.

 

[Revere]

Let's see the numbers before Democrats controlled Congress, 2001-2006.

 

[LibocalypseNow]

Let's see the numbers before Democrats controlled Congress, 2001-2006.

Good point. The massive economic collapse happened right after the Democrats took control of Congress. Things were going pretty good up until then. Of course the corrupt MSM doesn't report this because it's always all about cheering for the Democrats and bashing the Republicans with them. You can't trust the MSM at this point. The collapse began as soon as the Democrats took control of things. This is fact.

 

[Sallow]

Let's see the numbers before Democrats controlled Congress, 2001-2006.

The President basically determines policy and writes the budget. Add in..that if President Bush was unhappy with legislation coming out of Congress..why did he only use his veto 12 times?

 

[VaYank5150]

Are you trying to say that tax cuts for the wealthiest 2% of Americans do NOT create jobs????

 

[Truthmatters]

Not to mention the first year the dems were in control they lived under a budget created by a republican congress.

 

[Sallow]

Let's see the numbers before Democrats controlled Congress, 2001-2006.

Good point. The massive economic collapse happened right after the Democrats took control of Congress. Things were going pretty good up until then. Of course the corrupt MSM doesn't report this because it's always all about cheering for the Democrats and bashing the Republicans with them. You can't trust the MSM at this point. The collapse began as soon as the Democrats took control of things. This is fact.

Actually no. The number of people getting laid off never quite matched up to the unemployment numbers. That's been attributed to several factors. People getting laid off during the Bush administration were better able to deal with unemployment by tapping into 401ks, taking equity out of their homes or moving back in with parents. Many tried (and quite a few failed) to start businesses. At best, job creation during the Bush administration was very weak. Especially when compared to the previous administration.

 

[Annie]

Not to mention the first year the dems were in control they lived under a budget created by a republican congress.

But now they have no worries! No budget at all! Wheee!

 

[boedicca]

Not to mention the first year the dems were in control they lived under a budget created by a republican congress.

Dems have controlled Congress since 2007, you nattering nabob of nincompoopery.

 

[VaYank5150]

Not to mention the first year the dems were in control they lived under a budget created by a republican congress.

Dems have controlled Congress since 2007, you nattering nabob of nincompoopery.

And specifically, which Democrat supported legislation did they pass in 2007 led to the private sector jobs tumble?

 

[Sallow]

Are you trying to say that tax cuts for the wealthiest 2% of Americans do NOT create jobs????

Yes.

I would also hazard to say it probably cost Americans jobs. Most of the people targetted by the tax cut are CEOs which jump from company to company. Since they are pressured to show good results over a short term, and get a great deal of compensation for doing so, they fired lots of people to show profit. Then they collected their bonuses and moved on before the real damage was apparent. Not only that, many of them came up with complex schemes, like credit swaps and derivatives, to make it seem like they were wildly successful. When in fact, what they did was to damage the world wide economy in some very real and awful ways.

 

[LibocalypseNow]

Barney Frank,a Democrat,is probably the politician most responsible for our terrible economic collapse. He was warned of the problems with Fannie Mae and Freddy Mac but chose to ignore these warnings. His response was to claim they were "Fundamentally sound" and viciously attack those who voiced their concerns. He should not only be voted out of Congress but possibly even arrested for his crimes. The awful collapse did begin as soon as incompetent assholes like Barney Frank took control of Congress. Bush enjoyed 4% Unemployment most of his Presidency. Things went South when the Democrats took control. It's time to show them the door in November.

 

[boedicca]

The financial crisis was the result of years of bad programs regarding privatizing profit and socializing risk in the mortgage market. Both parties share blame - but the Dems efforts to protect Fannie Mae and Freddie Mac make them the guiltier faction.

 

[boedicca]

Are you trying to say that tax cuts for the wealthiest 2% of Americans do NOT create jobs????

Yes.

I would also hazard to say it probably cost Americans jobs. Most of the people targetted by the tax cut are CEOs which jump from company to company. Since they are pressured to show good results over a short term, and get a great deal of compensation for doing so, they fired lots of people to show profit. Then they collected their bonuses and moved on before the real damage was apparent. Not only that, many of them came up with complex schemes, like credit swaps and derivatives, to make it seem like they were wildly successful. When in fact, what they did was to damage the world wide economy in some very real and awful ways.

The heartbreak of economic illiteracy on parade ^^^

 

[Sallow]

The financial crisis was the result of years of bad programs regarding privatizing profit and socializing risk in the mortgage market. Both parties share blame - but the Dems efforts to protect Fannie Mae and Freddie Mac make them the guiltier faction.

Almost right...to a point.

The heaping of bad loans on to Fannie and Freddie basically caused them to collapse. Prior to that..they were sound.

 

[Sallow]

Are you trying to say that tax cuts for the wealthiest 2% of Americans do NOT create jobs????

Yes.

I would also hazard to say it probably cost Americans jobs. Most of the people targetted by the tax cut are CEOs which jump from company to company. Since they are pressured to show good results over a short term, and get a great deal of compensation for doing so, they fired lots of people to show profit. Then they collected their bonuses and moved on before the real damage was apparent. Not only that, many of them came up with complex schemes, like credit swaps and derivatives, to make it seem like they were wildly successful. When in fact, what they did was to damage the world wide economy in some very real and awful ways.

The heartbreak of economic illiteracy on parade ^^^

Well..when calling one an "illiterate" you may want to "illuminate" your position with actual facts.

 

[boedicca]

Most people targeted by the tax increase are not CEOs. The top 2% comprise over 2M filers. The ratio of CEOs in this mix is a minority - more are small businesses.

 

[VaYank5150]

Most people targeted by the tax increase are not CEOs. The top 2% comprise over 2M filers. The ratio of CEOs in this mix is a minority - more are small businesses.

GOP leadership openly admits that only 3% of small businesses would be subjected to higher taxes if the Bush tax cuts were not extended. Try again.