In debate, economy favors Mitt

How much influence do you people think the president actually has over the economy? The president, ANY PRESIDENT, has little control over economic growth or decay, and whatever influence they do exert takes many years to show any measurable effect. The most powerful person in the United States in terms of the economy is the Chairman of the Federal Reserve Board.

But, of course, the Presidential Debates are a dog and pony show, and most Americans will lend merit to them when it comes to the economy. But how many of them will actually listen to an economist?
 
Yes it is about the economy

What do Republicans have to run on regarding what they have done to help the US out of the worst economic drought in 70 years?

Oh yea........they protected tax cuts on billionaires

O has run up another 6 trillion in debt in only 3.5 years.

90% of which is for averting the Booosh Depression and assisting its victims, his STUPID wars and prescription drug program. Thanks for the mindless obstruction, assume the position, chump.

shhhh ...

pubpots don't want to admit that Obama has been stuck with booooshs shit. They want to pretend Obama has actually been spending all that money himself.

Meanwhile, MitWit wants to spend even more to help the 1% cuz that's what us peons are for.

LyanRyan? Well, see, he wants real bad to become one of MitWit's 1% cronies. He's not there yet but if he gets his way, he'll be another member of this country's real welfare state.
 
Bush's regulators in the financial world were a disgrace who let crony bankers and lenders run wild. 2003-?. Same with Reagan's S+L regulators, and Harding's and Coolidge's...Too many Pub boom and busts...
 
How much influence do you people think the president actually has over the economy? The president, ANY PRESIDENT, has little control over economic growth or decay, and whatever influence they do exert takes many years to show any measurable effect. The most powerful person in the United States in terms of the economy is the Chairman of the Federal Reserve Board.

But, of course, the Presidential Debates are a dog and pony show, and most Americans will lend merit to them when it comes to the economy. But how many of them will actually listen to an economist?

That's only true of a pub prez. Same with gas prices.

Just ask any of the rw's who post here.

They know that a R prez must get bills through congress before signing them. They also know that NO president controls the price of gas.

OTOH, if its President Obama, they will tell you he has complete control over every single bill in both the House and the Senate and that he decides what gets voted on.

Examples - gitmo, budget, jobs bills ... The rw's know that Bush would have had to wait until CONGRESS voted to send those bills to the hill for the president to sign or veto.

Since its Obama though, they believe its up to him to introduce the bill, vote on the bill and pass the bill.

Oh yeah, and Obama is expected to be everywhere at once. He should be standing outside the embassy to turn away hostiles, he should be standing on the southern border keeping border agents from being killed, he should be with every single member of Secret Service so none of them ever get into any mischief and on and on and on and ............
 
90% of which is for averting the Booosh Depression and assisting its victims, his STUPID wars and prescription drug program. Thanks for the mindless obstruction, assume the position, chump.

Which it did none of. Our situation has become worse under O.

Sorry to hear YOUR situation has grown worse. The rest of the country has been recovering and many indicators show it. I suggest you get some footwear with straps and pull on them.
many more don't, dumb ass...

18 FACTS that prove the economy is WORSE under Obama - Topix
#1 Today there are 88 million working age Americans that are not employed and that are not looking for employment. That is an all-time record high.

#2 When Barack Obama was elected, the percentage of unemployed Americans that had been out of work for more than 52 weeks was less than 15%. Today, it is above 30%.

#3 There are 1.2 million fewer jobs in America today than there were when Barack Obama was inaugurated.

#4 When Barack Obama first took office, the number of “long-term unemployed workers” in the United States was approximately 2.6 million. Today, that number is sitting at 5.6 million.

#5 The average duration of unemployment in the United States is hovering close to an all-time record high.

#6 During the Obama administration, worker health insurance costs have risen by 23 percent.

#7 Since Barack Obama has been president, the average price of a gallon of gasoline in the United States has increased by 90 percent.

#8 Since Barack Obama has been president, home values in the United States have declined by another 13 percent.

#9 Under Barack Obama, new home sales in the U.S. set a brand new all-time record low in 2009, they set a brand new all-time record low again in 2010, and they set a brand new all-time record low once again during 2011.

#10 Since Barack Obama took office, the number of Americans living in poverty has risen by more than 6 million.

#11 Since Barack Obama entered the White House, the number of Americans on food stamps has increased from 32 million to 46 million.

#12 The amount of money that the federal government gives directly to Americans has increased by 32 percent since Barack Obama entered the White House.

#13 According to the U.S. Census Bureau, the percentage of Americans living in “extreme poverty” is now sitting at an all-time high.

#14 When Barack Obama first took office, an ounce of gold was going for about $850. Today an ounce of gold costs more than $1700 an ounce.

#15 Since Barack Obama became president, the size of the U.S. national debt has increased by 44 percent.

#16 During Barack Obama’s first two years in office, the U.S. government added more to the U.S. national debt than the first 100 U.S. Congresses combined.

#17 During the Obama administration, the U.S. government has accumulated more debt than it did from the time that George Washington took office to the time that Bill Clinton took office.

#18 The U.S. national debt has been increasing by an average of more than 4 billion dollars per day since the beginning of the Obama administration.


Obama economy even worse than anticipated: CBO report predicts scary recession ahead
The Obama economy is weaker than previously forecast and darker days lie ahead. If you think the feeble economy under this administration is bad, wait until next year when the Congressional Budget Office says it could fall into another deep recession if there’s no year-end deal to forestall nearly half-a-trillion dollars in income tax hikes and spending cuts.

Among the revised forecasts in CBO’s report, released Wednesday, the economy in the first half of 2013 would see a severe 2.9 percent contraction in the gross domestic product, “similar in magnitude to the recession of the early 1990s.” By the second half of next year, CBO thinks the economy would be limping at 1.9 percent growth, weaker than it previously had forecast. These are much gloomier forecasts than CBO reported in January, but the forecasting arm of Congress now says it thinks the nation’s underlying economy is weaker than they had earlier estimated.


Obama's Accelerating Downward Spiral For America - Forbes
New income data from the Census Bureau reveal what a great job Barack Obama has done for the middle class as President. During his entire tenure in the oval office, median household income has declined by 7.3%.

In January, 2009, the month he entered office, median household income was $54,983. By June, 2012, it had spiraled down to $50,964. That’s a loss of $4,019 per family, the equivalent of losing a little less than one month’s income a year, every year. And on our current course that is only going to get worse not better.


Obama Wins The Gold For Worst Economic Recovery Ever - Forbes
If mismanaging an economic recovery were an Olympic event, President Obama would be standing on the middle platform right now, accepting the gold medal.

Deep recessions are supposed to be followed by strong recoveries, but, under Obama, the worst recession since the 1930s has been followed by the slowest economic recovery in the history of the republic. In a very real sense, there has been no recovery at all—things are still getting worse.

So, again... dumb ass.
 
Column: Mitt has economy on his side

This is the weakest recovery in American history since at least the Great Depression. Indeed, in some respects, the Obama recovery is nearly indistinguishable from the George W. Bush recession. According to a recent Pew report, during the Bush recession from 2007-09, median household income plummeted 4.2%. During the Obama recovery of 2009-11, it fell another 4.1%.
This is what you libtard asshats support... morons.

Real GDP growth dropped from 2.4% in 2010 to 2% in 2011, and slowed to 1.6% in the first six months of 2012. As James Pethokoukis of the American Enterprise Institute notes, we are on course for the weakest non-recession economy in U.S. history.
This is what you libtard asshats support... morons.

The Obama administration and campaign (but I repeat myself) both claim that the president's record is one of obvious success, and that all we need is a little patience as we stay the course. Indeed, according to a recent e-book by Politico, President Obama is convinced the good times are just around the corner, which is one reason he's determined to beat Romney in November. "I'm not going to let him win so that he can take credit when the economy turns around," Obama has reportedly said.
This is the guy you libtard asshats support... morons.




Corporations are sitting on nearly $2 trillion in cash and other liquid assets (not counting an additional $1.2 trillion in overseas accounts that they'd be able to bring home under Romney's tax plan).
This is who anyone who cares about the economy supports... you morons.

Your post highlights the problem Romney has had since day one.

If you're working at Acme Tool and Die and you hear that Bain bought your company, you don't think, "Oh boy". You're thinking you're about to be downsized. All of the expletives in the world don't change that.

As for the economy, it's getting better and the President's approval ratings are climbing as a result. What may have been a hotter topic last month is largely neutralized. It's also not helpful that Romney has been hammering the same point over and over again to the point to where further hammering is incrementally ineffective.

If he's smart about it; he'll strike a different chord in the elections. But I think he's surrounded by an amateurish campaign staff and he hasn't any clue on how to campaign in a tough race when he can't simply outspend the other guy.
 

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