Dems/Obama Destructive to the U.S.

Discussion in 'Politics' started by Lumpy 1, Oct 1, 2010.

  1. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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    Sheez .. just consider the unemployment rate since the Democrats took over Congress in 2007

    ---------------------:cuckoo:

    Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
    2000 4.0 4.1 4.0 3.8 4.0 4.0 4.0 4.1 3.9 3.9 3.9 3.9
    2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7
    2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0
    2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7
    2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4
    2005 5.3 5.4 5.2 5.2 5.1 5.0 5.0 4.9 5.0 5.0 5.0 4.9
    2006 4.7 4.8 4.7 4.7 4.6 4.6 4.7 4.7 4.5 4.4 4.5 4.4
    2007 4.6 4.5 4.4 4.5 4.4 4.6 4.6 4.6 4.7 4.7 4.7 5.0
    2008 5.0 4.8 5.1 5.0 5.4 5.5 5.8 6.1 6.2 6.6 6.9 7.4
    2009 7.7 8.2 8.6 8.9 9.4 9.5 9.4 9.7 9.8 10.1 10.0 10.0
    2010 9.7 9.7 9.7 9.9 9.7 9.5 9.5 9.6

    Graph: Unemployment rate (seasonally adjusted)
     
  2. rdean
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    rdean rddean

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    Hmmm,

    Jobs moved to China

    two wars

    hate the gays, hispanics, blacks and mulsims

    defund education

    limit women's right

    Yea, those democrats have been awful.
     
  3. theDoctorisIn
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    theDoctorisIn Senior Mod Staff Member Senior USMB Moderator

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    So, what exactly have the Democrats done to cause this?
     
  4. Revere
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    Revere BANNED

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    The Department of Education educates no one.

    And the EPA moves more jobs to China.
     
  5. R.C. Christian
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    R.C. Christian Gold Member

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    Thread FAIL.
     
  6. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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    Sorry I've watching the Giants loose to San Diego.. Geez

    Well.. this is an interesting article.. (selected parts)

    (I'd recommend just going to the link)

    ------------------:eusa_whistle:

    Unemployment

    According to the Bureau of Labor statistics, the unemployment rate sat at 4.6 percent back in January of 2007, the same month Democrats took control of the House and Senate. Three and a half years later, unemployment hovers around 9.5 percent, a total of eight million jobs have been lost, and under-employment is at a record high.

    Budgets

    But with the help of newly elected and entrenched "fiscally conservative" Democrats, Nancy Pelosi and Harry Reid took those spending levels from an average of 6.6 percent to 11 percent year-over-year growth. Spending is now so out of control that for the first time in forty years, Congress has refused to put forward a budget for FY2011. So not only were the Democrats driving the car into the ditch, but it also appears that Reid and Pelosi pushed down the accelerator as they went into the ditch.

    Stock Market

    At the end of President Clinton's final term in 2000, the U.S. economy was heading into a recession. A year later, the 9/11 terrorist attacks hit. On September 30, 2001, the Dow Jones Industrial Average (DJIA) bottomed out at 7,528. Over the next six years, the DJIA soared, reaching 12,653 by the end of January 2007, the same month Democrats retook control of Congress. Eighteen months later, the stock market was in a free-fall that destroyed the retirement and personal wealth of millions of Americans.

    Housing Market

    In 2006, the housing market was still humming, with single-family housing starts totaling more than 1.4 million. As Democrats assumed control of the House and Senate in early 2007, the housing market was beginning to show some signs of weakness, but for nearly eighteen months, the Democrat leadership did nothing. Calls for reform of Freddie Mac and Fannie Mae and their risky lending practices, previously obstructed under the Republican majority during the first half of the decade, were simply ignored under Pelosi's and Reid's leadership. And when the housing bubble finally burst in 2008, the drivers of the car, Pelosi and Reid, began pointing at the passengers.

    Unfortunately, the Blame Bush Game has done little to provide real relief for the beleaguered housing market. Last year, housing starts totaled less than 500,000, and they are projected to rise slightly to approximately 549,000 this year, but this number is lower than previous forecasts anticipated, as the economy appears headed for a double dip recession.

    Deficits

    Last but not least is the direction of deficit spending. Fiscal year 2007, which was the last budget proposed by and passed by the Republican-controlled House and Senate, helped close the deficit gap to a net deficit of $162 billion. Again, this is not a number to be proud of, but it shows that Republicans were well on their way to returning America to budget surpluses before Democrats took control of Congress in January of 2007.

    Since that change in power, deficits have skyrocketed. Declining revenues have played a part, to be sure, but more than one trillion in spending on a variety of stimulus packages (most recently, $26 billion for state and local government employees), the bank bailouts, and the passage of what will be the largest entitlement program in U.S. history make up the bulk of the more than $1.5-trillion deficit the U.S. is projected to see this year. That translates into nearly $0.41 of every dollar of federal spending -- money we do not really have.

    The Buck Stops Here

    At the end of the day, President Obama can complain all he wants about the ditch the car is in and do his best spin to pin the blame on President Bush, but the sad reality he must face is that he and his congressional counterparts, Harry Reid and Nancy Pelosi, pushed the gas pedal and steered the car into the ditch.

    American Thinker: Democrats Drove President Obama's Car into the Ditch
     
    Last edited: Oct 2, 2010
  7. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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    Throw Mr Christian overboard...:lol:
     
  8. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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    You're sooo wrong I don't even want to discuss it.......Geez
     

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