I'm not embarrassed because I didn't vote for him...

[LibocalypseNow]

On the brightside,he sure knows how to pick Basketball Game winners and is making big improvements in his Golf Game. Ah those Hopey Changey priorities...YIKES!

 

[BlindBoo]

The conclusion that President Obama, is incompetent is bipartisan. Obama, served in Congress by voting present. He leads the country in the same way. Obama, has taken the title of the worst President in US history away from Carter. After 09/11/2001 then President Bush, was faced with an equally disastrous economic picture. President Bush, exercised leadership,cut taxes, and then got out of the way of American business. Business boomed, unemployment dropped into the low fours, and tax revenues soared. President Bush, turned the post 09/11 economy around in less then one year. That contrasts sharply with what Obama, has done doesn't it?

Democrat Rips Into Obama For Total Failure Of Leadership
By Michael Eden

Well, it is now officially bipartisan: Barack Obama is a total failure as a president and a total failure as a leader:

Manchin Rips Obama
March 8, 2011 12:42 P.M. By Andrew Stiles

In an impassioned speech on the Senate floor this morning, Sen. Joe Manchin (D., W.Va.) rebuked President Obama for sitting on the sidelines in the debate over federal spending. “Why are we doing all this when the most powerful person in these negotiations — our president — has failed to lead this debate or offer a serious proposal for spending and cuts that he would be willing to fight for?” Manchin asked.

Democrat Rips Into Obama For Total Failure Of Leadership « Start Thinking Right

http://www.youtube.com/watch?v=4kV5Lt6-iX0

Sen. Joe Manchin did not call the President incompetent. He rightfully questioned his role in the Budget Cut debates. He also criticizes the congressional Democrats and Republicans too.

President Carter was a not the worst president.

The first Bush Tax cuts were enacted in June of 2001. The second in May of 2003, 20 months after 9-11. So you might need to rethink your claim about President Bushes economic leadership in terms of those attacks. It is a fact that under his leadership we moved into the worst recession we've seen since the Great Depression.
So your conclusion is false. The only people who will believe it never gave the President a chance to begin with, and have always rooted for America to fail under his leadership.

Sadly, you believe the line I put in bold. It was campaign rhetoric used by the democrats to win seats and to win the white house.

But, you see, the recession was by no means the worst since the great depression. I have lived through higher unemployment and interest rates in the upper teens. I have lived through gas lines 3 hours long....with rationing being the law.

Now, granted, the greed of the consumer and the businesses that capitalized on that greed exasperrated matters....but by no means the worst recession since the great depression.

Indeed the was used in the campaign and rightly so, however it was not just political rhetoric.

U.S. Recession Worst Since Great Depression, Revised Data Show

U.S. Recession Worst Since Great Depression, Revised Data Show - Bloomberg

 

[Uncensored2008]

Indeed the was used in the campaign and rightly so, however it was not just political rhetoric.

Actually, it is.

{The deepest and longest-lasting recession the United States has experienced since then began in 1980, when Jimmy Carter was president (the gross domestic product dropped 9.6 percent in the second quarter of that year) and did not end until fourth-quarter 1982,}

The worst recession? - Washington Times

Notice the contrast;

{The world’s largest economy contracted 1.9 percent from the fourth quarter of 2007 to the last three months of 2008, }

U.S. Recession Worst Since Great Depression, Revised Data Show - Bloomberg

A 1.9% contraction isn't even in the same ballpark as the 9.6% tumble under Carter.

The single quarter drop under Carter was greater than the aggregate decline from the December to December of the 2007-2008 recession to the end of it

Note that Bloomberg openly admits that they are distorting;

{The Commerce Department also reported yesterday that the economy contracted at a 1 percent annual rate from April through June after shrinking at a 6.4 percent pace in the first quarter, the most since 1982. The decline in the first three months of the year was previously reported as 5.5 percent. }

Well shit, you mean the Great Depression was AFTER 1982?????

 

[ClosedCaption]

You don't even make sense. How is Obama supposed to be in charge of the goings on and the information coming out of Japan?? He has done everything he can do to help them. It is not his call!!! Damn, you're thick!!!

When the tsunami hit Indonesia in 2004, then President George W. Bush dispatched two carrier groups to provide aid and medical care.

But then, Bush was competent and had leadership skills, unlike that fucking moron Obama.

Try paying more attention.

Three San Diego warships reach Japan on relief mission - SignOnSanDiego.com

Factbox: Aid and rescue offers for Japan quake - Yahoo!7

It's good that Obama followed Bush's lead. Japan is a strong ally and deserves all the aid we can offer.

LOL....He starts with a hate filled "Obama didnt help like Bush, who is a REAL leader unlike the idot Obama"

Then, it's good to see him "follow" Bush...Good grief! A total switcheroo in 2 pages...that's gotta be a record or something

 

[BlindBoo]

So you might need to rethink your claim about President Bushes economic leadership in terms of those attacks. It is a fact that under his leadership we moved into the worst recession we've seen since the Great Depression.

That of course is a lie.

Not only were there far worse recessions in 1973 and 1978, but the recession got far worse under Obama than it was under Bush.

Not that this matters to you, as I previously noted, you have no integrity. You openly lie to promote your shameful party or to smear the hated opposition.

The current economic crisis dwarfs the recession of 1973 and 1978. Now the lie in the previous post that ya'll like to ignore is where it was said that in response to the 9-11 attack Bush showed leadership and cut taxes....While he did show some leadership for shoppers, his first tax cut was months before the attack and the second tax cuts came 20 months after. Those are undisputed facts. Economist will be pouring over the numbers for years to come but most of them conclude that current crisis is eclisped only by the great depression.

Nice tactic however. Accuse your opponent of the things that you are obviously guilty of. And if you're called out on your ploy, yell louder and say mean things and hope you can get your opponent to insult you, that way you can attack their integrity.

 

[Uncensored2008]

Then, it's good to see him "follow" Bush...Good grief! A total switcheroo in 2 pages...that's gotta be a record or something

Dude, if new information is presented, then it should be taken into account.

 

[ClosedCaption]

Then, it's good to see him "follow" Bush...Good grief! A total switcheroo in 2 pages...that's gotta be a record or something

Dude, if new information is presented, then it should be taken into account.

It's old info that you didnt know about (I dont know why) because you're assuming the worst from Obama because you dont like him

And you said Bush had leadership skills and was competent for sending aid...But when Obama sends the same aid and you switch to a new reason to criticize him

 

[Uncensored2008]

The current economic crisis dwarfs the recession of 1973 and 1978.

Just so we fan a little of the partisan smoke you're blowing out of the way, we are NOT currently in a recession. Current fuel prices may throw us back into one shortly, but we have had slight growth over the last two quarters.

Now the lie in the previous post that ya'll like to ignore is where it was said that in response to the 9-11 attack Bush showed leadership and cut taxes....

This is irrelevant to the fact that your claim of the 2007-09 recession being the "worst since the great depression" is a partisan lie.

The greatest single quarter drop was q4 1980 - 9.6%, far larger than the 5.5% extreme in this last recession. 1978 saw a 6.2% single quarter drop and 1973, are you fucking kidding? Oil embargo anyone?

Economist will be pouring over the numbers for years to come but most of them conclude that current crisis is eclisped only by the great depression.

Bullshit.

Economics is based on facts. GDP being the relevant one. Partisan hacks will spin and distort, but the numbers are what the numbers are.

 

[Uncensored2008]

It's old info that you didnt know about (I dont know why) because you're assuming the worst from Obama because you dont like him

I admit that I do assume the worst from Obama - because he is a fuckup.

As of Sunday, I had seen nothing about a carrier response, granted I hadn't checked since.

And you said Bush had leadership skills and was competent for sending aid...But when Obama sends the same aid and you switch to a new reason to criticize him

I said it was good he was sending aid.

 

[MaggieMae]

The conclusion that President Obama, is incompetent is bipartisan. Obama, served in Congress by voting present. He leads the country in the same way. Obama, has taken the title of the worst President in US history away from Carter. After 09/11/2001 then President Bush, was faced with an equally disastrous economic picture. President Bush, exercised leadership,cut taxes, and then got out of the way of American business. Business boomed, unemployment dropped into the low fours, and tax revenues soared. President Bush, turned the post 09/11 economy around in less then one year. That contrasts sharply with what Obama, has done doesn't it?

Democrat Rips Into Obama For Total Failure Of Leadership
By Michael Eden

Well, it is now officially bipartisan: Barack Obama is a total failure as a president and a total failure as a leader:

Manchin Rips Obama
March 8, 2011 12:42 P.M. By Andrew Stiles

In an impassioned speech on the Senate floor this morning, Sen. Joe Manchin (D., W.Va.) rebuked President Obama for sitting on the sidelines in the debate over federal spending. “Why are we doing all this when the most powerful person in these negotiations — our president — has failed to lead this debate or offer a serious proposal for spending and cuts that he would be willing to fight for?” Manchin asked.

Democrat Rips Into Obama For Total Failure Of Leadership « Start Thinking Right

http://www.youtube.com/watch?v=4kV5Lt6-iX0

Sen. Joe Manchin did not call the President incompetent. He rightfully questioned his role in the Budget Cut debates. He also criticizes the congressional Democrats and Republicans too.

President Carter was a not the worst president.

The first Bush Tax cuts were enacted in June of 2001. The second in May of 2003, 20 months after 9-11. So you might need to rethink your claim about President Bushes economic leadership in terms of those attacks. It is a fact that under his leadership we moved into the worst recession we've seen since the Great Depression.
So your conclusion is false. The only people who will believe it never gave the President a chance to begin with, and have always rooted for America to fail under his leadership.

Sadly, you believe the line I put in bold. It was campaign rhetoric used by the democrats to win seats and to win the white house.

But, you see, the recession was by no means the worst since the great depression. I have lived through higher unemployment and interest rates in the upper teens. I have lived through gas lines 3 hours long....with rationing being the law.

Now, granted, the greed of the consumer and the businesses that capitalized on that greed exasperrated matters....but by no means the worst recession since the great depression.

So the depth of the recession is only measured by what YOUR past experience has taught? Every economist on the globe agrees that this is the worst recession since the depression. And with calculable reasons:

Why this is the worst recession, not a depression - Mar. 25, 2009

Why this recession is so bad
First things first: Even though it may seem obvious to most that this is the worst downturn since the Great Depression, the economy has experienced other serious recessions in the past, particularly in the mid-1970s and early 1980s.

But this recession dwarfs those two for several reasons.

In terms of length, the longest post-Depression economic decline was 16 months, which occurred in both the 1973-75 and 1981-82 recessions. This recession began in December 2007, which means that it will enter its 17th month next Wednesday.

The current recession is also more widespread than any other since the Depression. The Federal Reserve's readings show that 86% of industries have cut back production since November, the most widespread reduction in the 42 years the Fed has tracked this figure.

What's more, every state reported an increase in unemployment this past December, the first time that has happened in the 32 years that records for unemployment in each state have been kept.

"This is important because there's nowhere you can move to find a job," said Gus Faucher, director of macroeconomics for Moody's Economy.com.

Finally, during the past nine months, the drop in household wealth has been larger since anything on record in the post-World War II period.

 

[MaggieMae]

So you might need to rethink your claim about President Bushes economic leadership in terms of those attacks. It is a fact that under his leadership we moved into the worst recession we've seen since the Great Depression.

That of course is a lie.

Not only were there far worse recessions in 1973 and 1978, but the recession got far worse under Obama than it was under Bush.

Not that this matters to you, as I previously noted, you have no integrity. You openly lie to promote your shameful party or to smear the hated opposition.

Here's your logic:

January 18, 2009
End Bush recession

January 19, 2009
Begin Obama recession

 

[MaggieMae]

For somebody who is so clueless you don't even realize how much logistical support is already being provided to the Japanese,

And it took him a bit less than a week, what a wonder of decision making skill..

why would anyone take any stock in your crappy opinions about the president?

You're not going to "take stock" in anything other than praise and worship of your little tin Messiah®.

Ohhh Bahhhh Bahhhh Bahhh Mahhhh..

HUH?!

President Barack Obama pledges aid to Japan, saying earthquake potentially ’catastrophic’ | Green Bay Press Gazette | greenbaypressgazette.com

Obama said one U.S. aircraft carrier is already in Japan, and a second is on its way. A U.S. ship was also heading to the Marianas Islands to assist as needed, the president said.

THAT^^ was on the day of the earthquake/tsunami (March 11, 2009), stupid.

Look, I get that you hate Obama but you only look like a spoiled brat with your silly hissy fits and trying to act smart when you so obviously know NOTHING about this situation. Get your facts together before acting like an idiot. At least you might become an informed idiot.

 

[MaggieMae]

Indeed the was used in the campaign and rightly so, however it was not just political rhetoric.

Actually, it is.

{The deepest and longest-lasting recession the United States has experienced since then began in 1980, when Jimmy Carter was president (the gross domestic product dropped 9.6 percent in the second quarter of that year) and did not end until fourth-quarter 1982,}

The worst recession? - Washington Times

Notice the contrast;

{The world’s largest economy contracted 1.9 percent from the fourth quarter of 2007 to the last three months of 2008, }

U.S. Recession Worst Since Great Depression, Revised Data Show - Bloomberg

A 1.9% contraction isn't even in the same ballpark as the 9.6% tumble under Carter.

The single quarter drop under Carter was greater than the aggregate decline from the December to December of the 2007-2008 recession to the end of it

Note that Bloomberg openly admits that they are distorting;

{The Commerce Department also reported yesterday that the economy contracted at a 1 percent annual rate from April through June after shrinking at a 6.4 percent pace in the first quarter, the most since 1982. The decline in the first three months of the year was previously reported as 5.5 percent. }

Well shit, you mean the Great Depression was AFTER 1982?????

So now you're a fucking economist? Where do you get a Ph.D in 24 hours?

 

[MaggieMae]

Economics is based on facts. GDP being the relevant one. Partisan hacks will spin and distort, but the numbers are what the numbers are.

Yes indeedy. The numbers ARE what they are. And this is a review of tax cuts/revenue/income losses resulting from those glorious Bush years you speak of. The GDP numbers are the result of productivity, which results from, simply put, income and output.

This analysis also shows some alarming numbers from the IRS, which no one likes to talk about, as the country went on its never-ending spending spree following the 911 attacks.

tax.com: So How Did the Bush Tax Cuts Work Out for the Economy?

The 2008 income tax data are now in, so we can assess the fulfillment of the Republican promise that tax cuts would produce widespread prosperity by looking at all the years of the George W. Bush presidency.

Just as they did in 2000, the Republicans are running this year on an economic platform of tax cuts, especially making the tax cuts permanent for the richest among us. So how did the tax cuts work out? My analysis of the new data, with all figures in 2008 dollars:

Total income was $2.74 trillion less during the eight Bush years than if incomes had stayed at 2000 levels.

That much additional income would have more than made up for the lack of demand that keeps us mired in the Great Recession. That would mean no need for a stimulus, although it would not have affected the last administration's interfering with market capitalism by bailing out irresponsible Wall Streeters instead of letting the market determine their fortunes.

In only two years was total income up, but even when those years are combined they exceed the declines in only one of the other six years.

Even if we limit the analysis by starting in 2003, when the dividend and capital gains tax cuts began, through the peak year of 2007, the result is still less income than at the 2000 level. Total income was down $951 billion during those four years.

Average incomes fell. Average taxpayer income was down $3,512, or 5.7 percent, in 2008 compared with 2000, President Bush's own benchmark year for his promises of prosperity through tax cuts.

Had incomes stayed at 2000 levels, the average taxpayer would have earned almost $21,000 more over those eight years. That's almost $50 per week.

The changes in average and total incomes are detailed on the next page in Table 1, the first of four tables analyzing the whole data.

Measuring GDP is complicated (which is why we leave it to the economists), but at its most basic, the calculation can be done in one of two ways: either by adding up what everyone earned in a year (income approach), or by adding up what everyone spent (expenditure method). Logically, both measures should arrive at roughly the same total.

 

[Uncensored2008]

Here's your logic:

January 18, 2009
End Bush recession

January 19, 2009
Begin Obama recession

Here's your logic.

Decline in GDP, Q4 1980 - 9.6%

Decline in GDP, Q4 2008 - 1.7% - WAAAAAAA WORST RECESSION EVER...

Leftists have no fucking grasp of economics.

The lower the IQ, the further left...

 

[Uncensored2008]

So now you're a fucking economist? Where do you get a Ph.D in 24 hours?

Uh yeah I am, dumbass.

I have an MBA, not a Ph.D.

 

[Charles_Main]

Wait.....is the OP wanting our President to be jetting to Japan to help hand out emergency supplies himself?

Please, Obama has been absent and painfully slow to respond to almost everything that has been thrown his way.

Take Libya for example. Now, after the Rebels have been all but Defeated, NOW he starts talking about a no Fly Zone.

Obama is like a Deer caught in headlights half the time. Not that it is entirely his fault. After all he was vastly un-qualified for the position, and we all knew it when we elected him. The problem is he does not seem to be getting any better at it as time goes on.

 

[Uncensored2008]

Yes indeedy. The numbers ARE what they are. And this is a review of tax cuts/revenue/income losses resulting from those glorious Bush years you speak of.

Look you're a leftist; which means two things: One, you have NO fucking clue about economics. Reading that drooling blowhard Krugman only substantiates the fact. Two, you're not real bright..

The GDP numbers are the result of productivity, which results from, simply put, income and output.

You lack the most basic of fundamentals. You lack the knowledge of what a recession is.

It has nothing to do with "I'm jealous of the mean rich," as you of the left seem to think.

A recession is simply the real decline in GDP over two consecutive quarters. Period - nothing about HATE BUSH, or "TAX BREAKS FOR THE RICH" or any of the other pablum you mindless fucks spew.

Decline in GDP for two of more quarters.

The depth of a recession is measured in the aggregate decline therein. For the latest recession the aggregate decline was 3.7%

Think this through - or ask a conservative you know to think for you, 9.6% plummet in a single quarter versus 3.7% over 19 months...

Hmmm tricky, isn't it?

Measuring GDP is complicated

You need to take my class, or any introduction to economics course.

The basic formula for calculating the GDP is:

Y = C + I + E + G

where

Y = GDP

C = Consumer Spending

I = Investment made by industry

E = Excess of Exports over Imports

G = Government Spending

 

[Rinata]

You don't even make sense. How is Obama supposed to be in charge of the goings on and the information coming out of Japan?? He has done everything he can do to help them. It is not his call!!! Damn, you're thick!!!

When the tsunami hit Indonesia in 2004, then President George W. Bush dispatched two carrier groups to provide aid and medical care.

But then, Bush was competent and had leadership skills, unlike that fucking moron Obama.

You're an iidiot. When the 2004 tsunami happened, Bush was accused of being stingy by Jan Egeland, the UN's emergency relief coordinator. How could you forget that??? Initially, Bush announced a grant of $15m. BFD!!! So don't pin any medals on him. If just once you people would not use your hatred of Obama to crtiticize him when there is trouble, I'd have a friggin' parade. Get bent, ass.

 

[MaggieMae]

Here's your logic:

January 18, 2009
End Bush recession

January 19, 2009
Begin Obama recession

Here's your logic.

Decline in GDP, Q4 1980 - 9.6%

Decline in GDP, Q4 2008 - 1.7% - WAAAAAAA WORST RECESSION EVER...

Leftists have no fucking grasp of economics.

The lower the IQ, the further left...

Apparently you don't either if you assume the recession began in 2008. But I digress to my own opinion of your logic.