Nobodies unemployment rate has a 1.2 trillion dollar failed stimulus in it, but 1

Discussion in 'Politics' started by JRK, Apr 5, 2011.

  1. JRK
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    JRK Senior Member

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    Obama got 1/2 of tarp also
    people keep trying to compare Obama to Reagan and Jr
    You cannot

    GWB had a stimulus also, he gave it back to the tax payer and for close to 100% of his 8 years UE was below 6%, some below 5
    Reagan's did get over 10, but he created close to 20 million jobs before it was over and did it with a deficit that had 2 recessions and re building the military, that was also about the same in 8 years BHO is for1
    The Reagan Information Page:Job Creation
    One of the strongest features of the Reagan expansion was the job creation numbers. Almost 20 million jobs were created in just seven years. And contrary to popular mythology, most of those jobs paid at least $10/hour. Part of that myth is that service sector jobs equal low paying jobs. However, that is not the case, as even critics of Reagan are now admitting. In fact, the overall job statistics show the Reagan expansion to be one of the best ever.
    tarp:
    TARP Vote: Obama Wins, Senate Effectively Approves $350 Billion
    Michael J. Boskin: Why the Spending Stimulus Failed - WSJ.com
     
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  2. VaYank5150
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    VaYank5150 Gold Member

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    How did Bush fund either one of his stimulus initiatives? Oh that's right....he DIDN'T.
     
  3. JRK
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    JRK Senior Member

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    But that deficit did not go to the UAW
    It went to the tax payer, close to 300 billion in total, about 15% of his total deficit
     
    Last edited: Apr 5, 2011
  4. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Reagan tripled the existing debt to get his employment numbers up. That was quite a stimulus
     
  5. mudwhistle
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    mudwhistle Diamond Member

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    RLMAO......you libs crack me up!!!!:lol::lol:

    Name anything Obama did that was paid for.
     
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  6. VaYank5150
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    VaYank5150 Gold Member

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    So.....defecit spending is only bad when Obama does it. Got it!:eusa_eh:
     
  7. JRK
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    JRK Senior Member

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    Its amazing that a thread that is about Obama takes on this kind of face
    by the way
    Obama's debt for one year is about the same Reagan was for 8
    Obama's did not put much of the 1.2 trillion back into the tax payers hand
    Reagan did
     
  8. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    30 years difference?

    Reagan spent his money on escalating the Defense industry. Obama on infrastructure. Both used deficit spending to emerge from a recession, Reagan just did more of it
     
  9. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Bush ran up a $5 trillion deficit

    Where did it go?

    $2 trillion on tax cuts and $2trillion on two wars

    I would rather spend money on the American people
     
  10. JRK
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    JRK Senior Member

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    Let me try this again
    Obama had 1.2 trillion dollars he borrowed to create jobs in 9 weeks of him taking office
    That somehow gets compared to people who did have a deficit over 8 years of about twice that, with the creation, thats net creation of about 25 million jobs

    Obama has a net loss of millions, thats jobs and has added about 3 trillion dollars to that debt sense then

    Now you tell me what is good and what is bad
     

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