Economically, Could Obama Be America's Best President?

[IlarMeilyr]

Corporate propaganda has a strangle hold on the minds of the wingnuts, republicans, libertarians and other apologists for inequality. Youtube below says it all.

http://www.usmessageboard.com/econo...n-spanking-opponents-again-3.html#post7307910

https://www.youtube.com/watch?v=iIhOXCgSunc

Progressive dictionary

Job: Corporate propaganda

Real jobs are still down. Obama propaganda is up.

 

[Synthaholic]

Of the three controversies, 44 percent of voters see the IRS probe as the most important, with 24 percent citing Benghazi and 15 percent picking the AP records seizure.

But voters say 73 - 22 percent that dealing with the economy and unemployment is a higher priority than investigating these three issues.


National (US) Poll - May 30, 2013 - American Voters 4-1 Want Speci | Quinnipiac University Connecticut

 

[EdwardBaiamonte]

Corporate propaganda has a strangle hold on the minds of the wingnuts,

Of course it 100% impossible for there to be corporate propaganda when there are 50 million corporations around the world all competing against each other which of course expains why you clean forget to say what the propaganda is.

See why we are 100% positive a liberal will be so slow??

 

[KissMy]

Unlike previous recoveries, the unemployment rate is falling but employment rates are not increasing. This suggest that food-stamps, housing, welfare, unemployment, medicaid, etc are to high & lack of jobs stimulus & infrastructure spending. The fed may need to step on the gas harder.

 

[PMZ]

Unlike previous recoveries, the unemployment rate is falling but employment rates are not increasing. This suggest that food-stamps, housing, welfare, unemployment, medicaid, etc are to high & lack of jobs stimulus & infrastructure spending. The fed may need to step on the gas harder.

Corporate America has to discover the dysfunction of conservatism before they recover from the destruction of conservatism. The current belief that it's possible to shrink to success has them moribund.

Only when they get back to liberal growth is good, will true recovery begin.

They can't just leave everything up to the government. An expanding economy is the business of business, not government.

 

[CMike]

Did the OP ask a serious question or just joking?

 

[PMZ]

Did the OP ask a serious question or just joking?

I don't think considering what he was given, compared to what it appears he will leave, there can be any doubt that his team will be credited with an amazing recovery despite the Republican's every efforts to sabatoge those efforts.

 

[freedombecki]

That shows how much the debt has increased during that time - it doesn't show who or why, dumbass!

Bush left Obama with a maxed-out credit card, and the Republican House has been making minimum monthly payments.

Maxed out credit card?
And yet, Obama managed to add $6.1 trillion.
More than Bush added in 8 years. Great job!

You are either really stupid, or you are just playing stupid in order to troll.

Bush borrowed to pay for Medicare D. We still have Medicare D.

Bush borrowed to pay for the war against the Taliban and al Qaeda. We are still at war.

Bush borrowed to pay for the Iraq Quagmire. Obama ended that foreign policy disaster, and we are seeing savings from his action reducing the debt.

Bush borrowed to pay for tax cuts for the rich. They just ended, and that added revenue is decreasing the debt even faster.

In a report this week, the Congressional Budget Office said that the federal budget deficit in the last seven months of 2013 is $231 billion less than it was in the same period a year ago, mostly because the government is collecting far more tax revenue after the payroll tax cut and the Bush tax cuts for high income earners were allowed to expire.

For the month of April, the government actually ran a surplus of $112 billion. That's right, a surplus.
​

Smaller Deficit Could Push off Debt Fight - ABC News

Synthaholic is calling anyone else a troll who uses a government website to show him the light?

​

Thank you for a moment of mirth, Mr. Synthaholic.
​

 

[PMZ]

Maxed out credit card?
And yet, Obama managed to add $6.1 trillion.
More than Bush added in 8 years. Great job!

You are either really stupid, or you are just playing stupid in order to troll.

Bush borrowed to pay for Medicare D. We still have Medicare D.

Bush borrowed to pay for the war against the Taliban and al Qaeda. We are still at war.

Bush borrowed to pay for the Iraq Quagmire. Obama ended that foreign policy disaster, and we are seeing savings from his action reducing the debt.

Bush borrowed to pay for tax cuts for the rich. They just ended, and that added revenue is decreasing the debt even faster.

In a report this week, the Congressional Budget Office said that the federal budget deficit in the last seven months of 2013 is $231 billion less than it was in the same period a year ago, mostly because the government is collecting far more tax revenue after the payroll tax cut and the Bush tax cuts for high income earners were allowed to expire.

For the month of April, the government actually ran a surplus of $112 billion. That's right, a surplus.
​

Smaller Deficit Could Push off Debt Fight - ABC News

Synthaholic is calling anyone else a troll who uses a government website to show him the light?

​

Thank you for a moment of mirth, Mr. Synthaholic.
​

Let's see. We have someone who gives relevant facts being dissed by someone who apparently thinks in cartoons.

 

[Stephanie]

well hey, with 7 to 8% unemployment for his full term and now his half term

I'd say only cult members and moonbats would call him the best at anything

but where would they be if they didn't have LOW expectations

beats me

 

[Dot Com]

You are either really stupid, or you are just playing stupid in order to troll.

Bush borrowed to pay for Medicare D. We still have Medicare D.

Bush borrowed to pay for the war against the Taliban and al Qaeda. We are still at war.

Bush borrowed to pay for the Iraq Quagmire. Obama ended that foreign policy disaster, and we are seeing savings from his action reducing the debt.

Bush borrowed to pay for tax cuts for the rich. They just ended, and that added revenue is decreasing the debt even faster.

In a report this week, the Congressional Budget Office said that the federal budget deficit in the last seven months of 2013 is $231 billion less than it was in the same period a year ago, mostly because the government is collecting far more tax revenue after the payroll tax cut and the Bush tax cuts for high income earners were allowed to expire.

For the month of April, the government actually ran a surplus of $112 billion. That's right, a surplus.
​

Smaller Deficit Could Push off Debt Fight - ABC News

Synthaholic is calling anyone else a troll who uses a government website to show him the light?

​

Thank you for a moment of mirth, Mr. Synthaholic.
​

Let's see. We have someone who gives relevant facts being dissed by someone who apparently thinks in cartoons.

thats freedombecki one of the biggest rw sheeple/drones on the board & she's proud of it as well for some reason

 

[expat_panama]

...Bush borrowed to pay for tax cuts for the rich. They just ended, and that added revenue is decreasing the debt even faster...

Here's the record with the numbers on a graph:

--and here they are in a table:

Federal Reserve Bank of St. Louis Federal Receipts, Millions of Dollars Federal Net Outlays, Millions of Dollars Deficit

2003-09-30 $1,782,314 $2,159,899 $377,585
2004-09-30 $1,880,114 $2,292,841 $412,727
2005-09-30 $2,153,611 $2,471,957 $318,346
2006-09-30 $2,406,869 $2,655,050 $248,181
2007-09-30 $2,567,985 $2,728,686 $160,701
2008-09-30 $2,523,991 $2,982,544 $458,553
2009-09-30 $2,104,989 $3,517,677 $1,412,688
2010-09-30 $2,162,706 $3,457,079 $1,294,373
2011-09-30 $2,303,466 $3,603,059 $1,299,593
2012-09-30 $2,450,164 $3,537,127 $1,086,963​

Any way you slice it, the '03 cuts were followed by several years of soaring revenue and falling deficits. This trend began changing in '07 and accelerated in '09 along with policies that were increasing anti-wealth. Bottom line, the '03 cuts increased revenue until anti business policies reduced it.

 

[BorisTheAnimal]

...Bush borrowed to pay for tax cuts for the rich. They just ended, and that added revenue is decreasing the debt even faster...

Here's the record with the numbers on a graph:

--and here they are in a table:

Federal Reserve Bank of St. Louis Federal Receipts, Millions of Dollars Federal Net Outlays, Millions of Dollars Deficit

2003-09-30 $1,782,314 $2,159,899 $377,585
2004-09-30 $1,880,114 $2,292,841 $412,727
2005-09-30 $2,153,611 $2,471,957 $318,346
2006-09-30 $2,406,869 $2,655,050 $248,181
2007-09-30 $2,567,985 $2,728,686 $160,701
2008-09-30 $2,523,991 $2,982,544 $458,553
2009-09-30 $2,104,989 $3,517,677 $1,412,688
2010-09-30 $2,162,706 $3,457,079 $1,294,373
2011-09-30 $2,303,466 $3,603,059 $1,299,593
2012-09-30 $2,450,164 $3,537,127 $1,086,963​

Any way you slice it, the '03 cuts were followed by several years of soaring revenue and falling deficits. This trend began changing in '07 and accelerated in '09 along with policies that were increasing anti-wealth. Bottom line, the '03 cuts increased revenue until anti business policies reduced it.

And what party stole control of Congress in 2007???

 

[PMZ]

well hey, with 7 to 8% unemployment for his full term and now his half term

I'd say only cult members and moonbats would call him the best at anything

but where would they be if they didn't have LOW expectations

beats me

What level of unemployment did the Bushwhacker inherit from Clinton and what was it the end of 2009?

 

[PMZ]

...Bush borrowed to pay for tax cuts for the rich. They just ended, and that added revenue is decreasing the debt even faster...

Here's the record with the numbers on a graph:

--and here they are in a table:

Federal Reserve Bank of St. LouisFederal Receipts, Millions of DollarsFederal Net Outlays, Millions of DollarsDeficit

2003-09-30$1,782,314$2,159,899$377,585
2004-09-30$1,880,114$2,292,841$412,727
2005-09-30$2,153,611$2,471,957$318,346
2006-09-30$2,406,869$2,655,050$248,181
2007-09-30$2,567,985$2,728,686$160,701
2008-09-30$2,523,991$2,982,544$458,553
2009-09-30$2,104,989$3,517,677$1,412,688
2010-09-30$2,162,706$3,457,079$1,294,373
2011-09-30$2,303,466$3,603,059$1,299,593
2012-09-30$2,450,164$3,537,127$1,086,963​

Any way you slice it, the '03 cuts were followed by several years of soaring revenue and falling deficits. This trend began changing in '07 and accelerated in '09 along with policies that were increasing anti-wealth. Bottom line, the '03 cuts increased revenue until anti business policies reduced it.

In 2001 the CBO reported that if Bush continued Clinton's economic policies our DEBT would be gone by 2006 and we'd have a 2.5T surplus by 2011.

Did he? No.

Why? Wars. Wealth redistribution tax cuts. Funding the housing bubble followed by recovering from the burst.

 

[expat_panama]

...What level of unemployment did the Bushwhacker inherit from Clinton and what was it the end of 2009?

Numbers for average unemployment rates are still available from the Fed's website--

1993-2000 5.2%
2001-2008 5.3%
2009-2013 8.8%
​

--although there's a lot more to unemployment than who's president.

 

[Stephanie]

Obama didn't inherit shit, HE campaigned for the job and his FIRST priority should of been unemployment..

but he spent his frist two years trying to sell his fascist insurance scam

and then his administration went on a regulations binge on businesses and Obama raise taxes on anything he could dream up, so they can feed themselves more money....

Obama could beat out Carter as the worst President EVER...I know he'll beat Carter for the most ugliest hearted hateful President

you people can't make enough EXCUSES for the incompetent President it seems

 

[expat_panama]

...if Bush continued Clinton's economic policies...

He didn't because his term began in a recession following a huge market crash. Sure we can say "if only Bush had been dealt the recovery that Clinton was handed" but doesn't work that way. It's like eight years later there were some that wanted Clinton's economic policies in 2009 with the next recession/market crash.

Presidents got a lot of power but they can't do everything. Remember that the fiscal surpluses in the late '90's were set by the budgets congress passed.

 

[PMZ]

...if Bush continued Clinton's economic policies...

He didn't because his term began in a recession following a huge market crash. Sure we can say "if only Bush had been dealt the recovery that Clinton was handed" but doesn't work that way. It's like eight years later there were some that wanted Clinton's economic policies in 2009 with the next recession/market crash.

Presidents got a lot of power but they can't do everything. Remember that the fiscal surpluses in the late '90's were set by the budgets congress passed.

Show us on this GDP graph the recession that Bush inherited from Clinton.

 

[expat_panama]

...his term began in a recession following a huge market crash. Sure we can say "if only Bush had been dealt the recovery that Clinton was handed" but doesn't work that way. It's like eight years later there were some that wanted Clinton's economic policies in 2009 with the next recession/market crash...

Show us on this GDP graph the recession that Bush inherited from Clinton.

LOL!! Here's our GDP--

Federal Reserve Economic Data
Gross Domestic Product (GDP)
Billions of Dollars, Annual

2000 - $10,289.7 . . 2007 - $14,480.4
2001 - $10,625.3 . . 2008 - $14,720.3
2002 - $10,980.2 . . 2009 - $14,418.0
2003 - $11,512.3 . . 2010 - $14,958.3
2004 - $12,277.0 . . 2011 - $15,533.8
2005 - $13,095.4 . . 2012 - $16,244.6
2006 - $13,857.9 . .

​

--and we agree the GDP does not show Bush inherited a recession from Clinton any more than it shows Obama inherited a recession from Bush. Doesn't matter; the economy is more than the GDP, it's also investing and jobs --and what happens is that a recession is a slowdown in investment followed by falling production that leads to unemployment. Here's how people stopped investing before the GDP slowdowns--

---and here's how people lost jobs after the drops in GDP growth:

What we got is all phases of the economy doing better after the 2003 tax-cuts than with the 2009 war on business --even though the stock crash in 2000 was worse .