Nobody could have fixed the economy in 4 years.....

[Liability]

President Clinton in his speech last night stated that although he inherited a bad economy from Bush Sr., the economy that Obama received from Bush Jr. was much worse, and that no president, not him, nor any of his predecessors could have fixed the economy in only 4 years.

Maybe Obama's new slogan should be "saved in 4, fixed by 8".

That's not what he said when he ran in 2008.

If the job is too much for the poor little man, he doesn't have to have it.

And by the way, we are pretty much all sick to death of his whining excuses.

 

[NYcarbineer]

Reagan's economy didn't take off until he was able to get the Democraps in Congress to lower taxes.

Strange that Democraps today want to raise taxes when Obamination has already fucked up the economy.

Anyone with common sense sees the pending disaster if the Democraps keep control of DC.

Not true.

The Reagan economy came out of recession in November 1982, just a few months AFTER Reagan signed a huge tax increase.

 

[Lumpy 1]

President Clinton in his speech last night stated that although he inherited a bad economy from Bush Sr., the economy that Obama received from Bush Jr. was much worse, and that no president, not him, nor any of his predecessors could have fixed the economy in only 4 years.

Maybe Obama's new slogan should be "saved in 4, fixed by 8".

That's not what he said when he ran in 2008.

If the job is too much for the poor little man, he doesn't have to have it.

And by the way, we are pretty much all sick to death of his whining excuses.

He should have ran on... It's too much for me, I'll blame Bush..in 2007

 

[bigrebnc1775]

And that's true.
"The Reagan recovery had one of the fastest rates of growth we ever saw," said Barry Bosworth, an economist at the Brookings Institution. "If anything it was too strong. It was spectacular."
Obama and Reagan: A tale of two recoveries - Feb. 6, 2012

 

[ABikerSailor]

And that's true.
"The Reagan recovery had one of the fastest rates of growth we ever saw," said Barry Bosworth, an economist at the Brookings Institution. "If anything it was too strong. It was spectacular."
Obama and Reagan: A tale of two recoveries - Feb. 6, 2012

You DO remember that he raised taxes 11 times on the American people, right?

 

[BreezeWood]

Obama said he could, so did he lie or just stupid, or extremely under qualified to access the situation.

The 07-09 Great Republican Recession was curtailed by the Obama Administration in June of 09 by the first positive GDP since Dec. 07 that have remained positive for each Quarter from June 09 to the present Time.

Obama kept his word and did so in 18 months ... the Recovery is what is being debated and because of the severity of the Recession will require additional time to fully restore the economy -

as well as the fact the Great Recession was curtailed by the Obama Administration, the Administration is also credited with preventing a New, Turn of the Century, World Wide Depression.

"Curtailed"? LOL Look, although you can correctly make the point that "technically" the recession ended in 2009 that's only because the strict definition of what constitutes a recession is negative GDP growth for two quarters. The truth is we are still in recovery from the 2007-2008 recession and that recovery is the slowest of any recession since the Great Depression. A GDP "growth" that is averaging 1 to 2% isn't anything to brag about especially coming out of a recession where you normally see a rebound effect that has large increases in the growth of GDP. That hasn't occurred under the policies of this President. The latest jobs report is just one more dismal indication of that fact.

I'm amused by your contention that Barack Obama somehow prevented a "World Wide Depression". The countries that chose not to go along with his solution...massive government spending...have done as well if not better with their economies than we have with ours...and they haven't incurred the trillions in debt that we have. Why don't THEY get credit for improving the World's "balance sheet"? All we've done is rob Peter to pay Paul and now we're squabbling over how to handle our looming fiscal "cliff".

A GDP "growth" that is averaging 1 to 2% isn't anything to brag about ...

the Great Recession had uninterrupted negative GDP from Dec. 07 to June 09 ....

The countries that chose not to go along with his solution...massive government spending...have done as well if not better with their economies than we have with ours ...

those countries in Europe have fallen back into recession, having never fully recovered from the initial 2007 downturn and are now following the Obama Administration / Federal Reserve solutions in resolving their present condition.

 

[mudwhistle]

And that's true.
"The Reagan recovery had one of the fastest rates of growth we ever saw," said Barry Bosworth, an economist at the Brookings Institution. "If anything it was too strong. It was spectacular."
Obama and Reagan: A tale of two recoveries - Feb. 6, 2012

You DO remember that he raised taxes 11 times on the American people, right?

Nope.

I do know that Obama has......but like a sneak he hides it.

 

[ABikerSailor]

And that's true.
"The Reagan recovery had one of the fastest rates of growth we ever saw," said Barry Bosworth, an economist at the Brookings Institution. "If anything it was too strong. It was spectacular."
Obama and Reagan: A tale of two recoveries - Feb. 6, 2012

You DO remember that he raised taxes 11 times on the American people, right?

Nope.

I do know that Obama has......but like a sneak he hides it.

Hey PudWhistler.................if Obama had raised taxes, FAUX Nooze would have been all over his ass.

But...................they're not, so we know you're a lying douche.

 

[bigrebnc1775]

And that's true.
"The Reagan recovery had one of the fastest rates of growth we ever saw," said Barry Bosworth, an economist at the Brookings Institution. "If anything it was too strong. It was spectacular."
Obama and Reagan: A tale of two recoveries - Feb. 6, 2012

You DO remember that he raised taxes 11 times on the American people, right?

I heard 5000 times

 

[bigrebnc1775]

You DO remember that he raised taxes 11 times on the American people, right?

Nope.

I do know that Obama has......but like a sneak he hides it.

Hey PudWhistler.................if Obama had raised taxes, FAUX Nooze would have been all over his ass.

But...................they're not, so we know you're a lying douche.

But it’s not accurate for the president to make the blanket statement: "I didn’t raise taxes once."

A little more than two weeks after taking office, Obama signed into law a bill expanding the Children’s Health Insurance Program. That was financed in part by an increase in the federal excise tax on cigarettes and other tobacco products; it went into effect on April 1, 2009.

There were also several tax increases included in the Patient Protection and Affordable Care Act, also known as the health care law. The biggest tax in the law is an extra 3.8 percent tax on investment income, which applies to persons making more than $200,000 a year or couples making more than $250,000. That one starts in 2013, and is expected to bring in $210 billion through 2019, when coupled with a 0.9 percent increase in the Medicare payroll tax for upper-income earners. But other taxes, like the new 10 percent tax on indoor tanning services, have started already. The 30 million Americans who reportedly use tanning beds have been paying more since July 1, 2010.

So, Obama has raised some taxes.

FactCheck.org : Obama’s Tax Tale

 

[JoeB131]

Reagan's economy didn't take off until he was able to get the Democraps in Congress to lower taxes.

Strange that Democraps today want to raise taxes when Obamination has already fucked up the economy.

Anyone with common sense sees the pending disaster if the Democraps keep control of DC.

Reagan's economy took off because he doubled federal spending.

And when it became obvious that tax cuts did nothing to help, really, he raised them. And then Bush raised them. And then Clinton raised them, and then we had REAL economic prosperity.

 

[Toro]

Reagan's economy didn't take off until he was able to get the Democraps in Congress to lower taxes.

Strange that Democraps today want to raise taxes when Obamination has already fucked up the economy.

Anyone with common sense sees the pending disaster if the Democraps keep control of DC.

Reagan's economy took off because he doubled federal spending.

And when it became obvious that tax cuts did nothing to help, really, he raised them. And then Bush raised them. And then Clinton raised them, and then we had REAL economic prosperity.

The economy took off because inflation collapsed and interest rates followed.

 

[percysunshine]

Reagan's economy didn't take off until he was able to get the Democraps in Congress to lower taxes.

Strange that Democraps today want to raise taxes when Obamination has already fucked up the economy.

Anyone with common sense sees the pending disaster if the Democraps keep control of DC.

Reagan's economy took off because he doubled federal spending.

And when it became obvious that tax cuts did nothing to help, really, he raised them. And then Bush raised them. And then Clinton raised them, and then we had REAL economic prosperity.

Actually, Paul Volker jacked interest rates up high enough that Congress could not afford to borrow any more money.

Let's be honest about history.

 

[JoeB131]

Reagan's economy didn't take off until he was able to get the Democraps in Congress to lower taxes.

Strange that Democraps today want to raise taxes when Obamination has already fucked up the economy.

Anyone with common sense sees the pending disaster if the Democraps keep control of DC.

Reagan's economy took off because he doubled federal spending.

And when it became obvious that tax cuts did nothing to help, really, he raised them. And then Bush raised them. And then Clinton raised them, and then we had REAL economic prosperity.

Actually, Paul Volker jacked interest rates up high enough that Congress could not afford to borrow any more money.

Let's be honest about history.

Um, no, not really.

Congress had no problem borrowing money. They took the national debt up from 900 Billion when Carter left to 3 TRILLION when Reagan left and 5 Trillion when bush-41 was thrown out.

Now, true, both of those guys had to raise taxes to prove that they would make good on at least the interest on all that money they were borrowing, and eventually Clinton got us to a point where we were starting to pay that mony back. But it didn't take long to screw that up.

What we need is a balanced budget amendment. Period. Politicians in both parties borrow because that is the path of least resistance.

 

[Papageorgio]

President Clinton in his speech last night stated that although he inherited a bad economy from Bush Sr., the economy that Obama received from Bush Jr. was much worse, and that no president, not him, nor any of his predecessors could have fixed the economy in only 4 years.

Maybe Obama's new slogan should be "saved in 4, fixed by 8".

Obama said he could, so did he lie or just stupid, or extremely under qualified to access the situation.

The 07-09 Great Republican Recession was curtailed by the Obama Administration in June of 09 by the first positive GDP since Dec. 07 that have remained positive for each Quarter from June 09 to the present Time.

Obama kept his word and did so in 18 months ... the Recovery is what is being debated and because of the severity of the Recession will require additional time to fully restore the economy -

as well as the fact the Great Recession was curtailed by the Obama Administration, the Administration is also credited with preventing a New, Turn of the Century, World Wide Depression.

What did he do? Was it his "shovel ready" jobs? What was enacted and up and running in the three months into the stimulus program?

 

[Oldstyle]

The 07-09 Great Republican Recession was curtailed by the Obama Administration in June of 09 by the first positive GDP since Dec. 07 that have remained positive for each Quarter from June 09 to the present Time.

Obama kept his word and did so in 18 months ... the Recovery is what is being debated and because of the severity of the Recession will require additional time to fully restore the economy -

as well as the fact the Great Recession was curtailed by the Obama Administration, the Administration is also credited with preventing a New, Turn of the Century, World Wide Depression.

"Curtailed"? LOL Look, although you can correctly make the point that "technically" the recession ended in 2009 that's only because the strict definition of what constitutes a recession is negative GDP growth for two quarters. The truth is we are still in recovery from the 2007-2008 recession and that recovery is the slowest of any recession since the Great Depression. A GDP "growth" that is averaging 1 to 2% isn't anything to brag about especially coming out of a recession where you normally see a rebound effect that has large increases in the growth of GDP. That hasn't occurred under the policies of this President. The latest jobs report is just one more dismal indication of that fact.

I'm amused by your contention that Barack Obama somehow prevented a "World Wide Depression". The countries that chose not to go along with his solution...massive government spending...have done as well if not better with their economies than we have with ours...and they haven't incurred the trillions in debt that we have. Why don't THEY get credit for improving the World's "balance sheet"? All we've done is rob Peter to pay Paul and now we're squabbling over how to handle our looming fiscal "cliff".

A GDP "growth" that is averaging 1 to 2% isn't anything to brag about ...

the Great Recession had uninterrupted negative GDP from Dec. 07 to June 09 ....

The countries that chose not to go along with his solution...massive government spending...have done as well if not better with their economies than we have with ours ...

those countries in Europe have fallen back into recession, having never fully recovered from the initial 2007 downturn and are now following the Obama Administration / Federal Reserve solutions in resolving their present condition.

Germany's Merkle turned Obama down when he called on them to increase the size of the stimulus they were spending. Canada responded to the recession by downsizing government with across the board cuts. Both are in far better financial shape than we are right now. Neither are facing a looming fiscal cliff as we are. The countries that are falling back into recession are ones like Greece, Italy and Spain. They all increased their government spending even as their revenues were dropping. What country in Europe is doing the Obama Administration/Federal Reserve solution? The PIGS are all lining up to get bailed out by Germany. Canadians just passed the US in the net worth of it's citizen's BECAUSE they didn't follow Barry down the primrose path of progressive economic theory.

 

[Oldstyle]

You DO remember that he raised taxes 11 times on the American people, right?

Nope.

I do know that Obama has......but like a sneak he hides it.

Hey PudWhistler.................if Obama had raised taxes, FAUX Nooze would have been all over his ass.

But...................they're not, so we know you're a lying douche.

Let's be honest with ourselves here...every time our government prints massive amounts of money and dumps it into the system it makes the money in our wallets worth less...that's the biggest "back door" tax there is. How many times has the Fed done that since Obama took office?

 

[Amazed]

Nope.

I do know that Obama has......but like a sneak he hides it.

Hey PudWhistler.................if Obama had raised taxes, FAUX Nooze would have been all over his ass.

But...................they're not, so we know you're a lying douche.

Let's be honest with ourselves here...every time our government prints massive amounts of money and dumps it into the system it makes the money in our wallets worth less...that's the biggest "back door" tax there is. How many times has the Fed done that since Obama took office?

These Lefty's aren't informed enough to know Bammy has been monetizing the debt since he's been in office....and even if they did they wouldn't know what it meant.

 

[Oldstyle]

Hey PudWhistler.................if Obama had raised taxes, FAUX Nooze would have been all over his ass.

But...................they're not, so we know you're a lying douche.

Let's be honest with ourselves here...every time our government prints massive amounts of money and dumps it into the system it makes the money in our wallets worth less...that's the biggest "back door" tax there is. How many times has the Fed done that since Obama took office?

These Lefty's aren't informed enough to know Bammy has been monetizing the debt since he's been in office....and even if they did they wouldn't know what it meant.

Unfortunately I don't think MOST Americans understand what that means, Amazed. It they DID they wouldn't be so blase about QE4 or 5 or whatever we're up to now.

 

[Toro]

Hey PudWhistler.................if Obama had raised taxes, FAUX Nooze would have been all over his ass.

But...................they're not, so we know you're a lying douche.

Let's be honest with ourselves here...every time our government prints massive amounts of money and dumps it into the system it makes the money in our wallets worth less...that's the biggest "back door" tax there is. How many times has the Fed done that since Obama took office?

These Lefty's aren't informed enough to know Bammy has been monetizing the debt since he's been in office....and even if they did they wouldn't know what it meant.

Obama hasn't been monetizing the debt.