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

[Dick Tuck]

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".

Reagan fixed it in under three years, cumswallower.

More like two (2).

Reagan inherited a manufactured recession, which was tightening money supply, in order to beat inflation. He stood by that Carter/Volker policy, while blaming it all on Carter. Carter was a real leader.

 

[Avatar4321]

maybe not, but they would have attempted to.

 

[Eaglewings]

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".

But Obama PROMISED he could; you remember, right along with "the most transparent administration in history" (REALLY?) and that whole "Hope and Change" thingy. It's all good though; we know what to do with politicians that don't keep their promises, and NO, after four years, blaming Bush doesn't cut it anymore, so election day is pink slip day for Barry!

"What time is it, America? It's time for him to go!"

He could have done a lot more if he actually had a congress that worked with him, they did nothing but buck him and worked their hardest to try and get Obama out, on our tax dollars. Its time for each and everyone of those Free loaders to go.

 

[asterism]

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".

But Obama PROMISED he could; you remember, right along with "the most transparent administration in history" (REALLY?) and that whole "Hope and Change" thingy. It's all good though; we know what to do with politicians that don't keep their promises, and NO, after four years, blaming Bush doesn't cut it anymore, so election day is pink slip day for Barry!

"What time is it, America? It's time for him to go!"

He could have done a lot more if he actually had a congress that worked with him, they did nothing but buck him and worked their hardest to try and get Obama out, on our tax dollars. Its time for each and everyone of those Free loaders to go.

Obama had 2 years of a Democratic Congress. That's how Obamacare got passed. He was focused on that instead of the economy.

 

[B. Kidd]

But Obama PROMISED he could; you remember, right along with "the most transparent administration in history" (REALLY?) and that whole "Hope and Change" thingy. It's all good though; we know what to do with politicians that don't keep their promises, and NO, after four years, blaming Bush doesn't cut it anymore, so election day is pink slip day for Barry!

"What time is it, America? It's time for him to go!"

He could have done a lot more if he actually had a congress that worked with him, they did nothing but buck him and worked their hardest to try and get Obama out, on our tax dollars. Its time for each and everyone of those Free loaders to go.

Obama had 2 years of a Democratic Congress. That's how Obamacare got passed. He was focused on that instead of the economy.

And this is REAL recent history and NOT a revision.

 

[JoeB131]

Obama had 2 years of a Democratic Congress. That's how Obamacare got passed. He was focused on that instead of the economy.

Well, he had about six months of Senate that was filabuster proof... but to the point, he passed ObamaCare.

The ugly secret of Obamacare. Even its opponents know it's necessary. That's why you didn't see Big Insurance mount a "Harry and Louise" campaign against it. It's why Romney won't say what he'll replace it with.

Obama had to swallow a big pill because it was required to fix a broken system, and he's paying a price for it.

 

[TheGreatGatsby]

Only Repubs pretend to believe it could've been fixed in 4 years but they also pretend to believe that Obama was going to heal the world sooooo...yeah

I don't pretend that it could have been fixed. I know it could have been fixed. Do you think that the economy is some mysterious bubble that will do what it's gonna do? Applied sound economic principles yield results. Ask Taiwan and Hong Kong if that's true. They are tiny islands that went from third world countries to global powerhouses in less than a generation.

Just like I said...pretending. Applied sound generalities isn't a point. You don't know how it could've been fixed ...hell you think a generation and 4 years is an apt comparison. Lol

I know exactly the many mechanisms that economy could have been fixed. If you weren't so concerned with social engineering and thought policing then you'd read an economics book and realize how our government has went away from sound principles and went into a perpetual shell game to feed upon the ignorant masses that includes you.

 

[B. Kidd]

Obama had 2 years of a Democratic Congress. That's how Obamacare got passed. He was focused on that instead of the economy.

Well, he had about six months of Senate that was filabuster proof... but to the point, he passed ObamaCare.

The ugly secret of Obamacare. Even its opponents know it's necessary. That's why you didn't see Big Insurance mount a "Harry and Louise" campaign against it. It's why Romney won't say what he'll replace it with.

Obama had to swallow a big pill because it was required to fix a broken system, and he's paying a price for it.

Affordable Healthcare Act so far hasn't helped some of my neighbors whom work full-time, do not have health coverage because they are just above the poverty level, and are getting big-time into debt with HC needs.
Broken system NOT fixed, sooo there has been NO price paid thus far.
Sorry to intrude into your alternative universe, which no way resembles current reality for many of our fellow americans.

 

[Avatar4321]

BTW last time i checked, the Depression of 1920 was still the deepest depression in history. And we recovered from that very quickly compared to the economic downturns that werent as deep but which had politicians trying to fix it with government intervention.

 

[naturegirl]

Not only did he NOT fix it, he made it SIX trillion dollars worse. No MORE YEARS.

He didn't ignore them, his arrogance refused to let him............let's see there was, "I won", wasn't it Rahm that said the hell with them we have the votes. Yes, I think Bob Woodwards new book says that Obama and he agreed they didn't have to compromise.

Bob Woodward Book: Debt Deal Collapse Led to 'Pure Fury' From President Obama - Yahoo! News

 

[Darkwind]

Just based upon the subject title, because I cannot see this primates posts, I know this is a lie.

Economists said that we would have recovered by 2010 if no one did anything.

Obama actually made it worse.

Upon taking office, with the economy in the tank, he immediately set out to saddle the American people with the most blatant socialist takeover of our country ever.

No one can fix a problem if they are working on something other than the problem.

 

[Eaglewings]

BTW last time i checked, the Depression of 1920 was still the deepest depression in history. And we recovered from that very quickly compared to the economic downturns that werent as deep but which had politicians trying to fix it with government intervention.

Go back to school and learn your history, it took over 10 years.

1929
Recession begins in August, two months before the stock market crash. During this two month period, production will decline at an annual rate of 20 percent, wholesale prices at 7.5 percent, and personal income at 5 percent.
Stock market crash begins October 24. Investors call October 29 Black Tuesday. Losses for the month will total $16 billion, an astronomical sum in those days.
1930
By February, the Federal Reserve has cut the prime interest rate from 6 to 4 percent. Treasury Secretary Andrew Mellon announces that the Fed will stand by as the market works itself out: 'Liquidate labor, liquidate real estate... values will be adjusted, and enterprising people will pick up the wreck from less-competent people'.
The Smoot-Hawley Tariff passes on June 17. With imports forming only 6 percent of the GNP, the 40 percent tariffs work out to an effective tax of only 2.4 percent per citizen. Even this is compensated for by the fact that American businesses are no longer investing in Europe, but keeping their money stateside. The consensus of modern economists is that the tariff made only a minor contribution to the Great Depression in the U.S., but a major one in Europe.
Supreme Court rules that the monopoly U.S. Steel does not violate anti-trust laws as long as competition exists, no matter how negligible.
The GNP falls 9.4 percent from the year before. The unemployment rate climbs from 3.2 to 8.7 percent.
1931
No major legislation is passed addressing the Depression.
The GNP falls another 8.5 percent; unemployment rises to 15.9 percent.
1932
This and the next year are the worst years of the Great Depression. For 1932, GNP falls a record 13.4 percent; unemployment rises to 23.6 percent.
Industrial stocks have lost 80 percent of their value since 1930.
10,000 banks have failed since 1929, or 40 percent of the 1929 total.
GNP has also fallen 31 percent since 1929.
Over 13 million Americans have lost their jobs since 1929.
International trade has fallen by two-thirds since 1929.
Congress passes the Federal Home Loan Bank Act and the Glass-Steagall Act of 1932.
Top tax rate is raised from 25 to 63 percent.
Popular opinion considers Hoover's measures too little too late. Franklin Roosevelt easily defeats Hoover in the fall election. Democrats win control of Congress.
1933
Roosevelt inaugurated; begins 'First 100 Days'; of intensive legislative activity.
A third banking panic occurs in March. Roosevelt declares a Bank Holiday; closes financial institutions to stop a run on banks.
Alarmed by Roosevelt's plan to redistribute wealth from the rich to the poor, a group of millionaire businessmen, led by the Du Pont and J.P. Morgan empires, plans to overthrow Roosevelt with a military coup and install a fascist government modelled after Mussolini's regime in Italy. The businessmen try to recruit General Smedley Butler, promising him an army of 500,000, unlimited financial backing and generous media spin control. The plot is foiled when Butler reports it to Congress.
Congress authorizes creation of the Agricultural Adjustment Administration, the Civilian Conservation Corps, the Farm Credit Administration, the Federal Deposit Insurance Corporation, the Federal Emergency Relief Administration, the National Recovery Administration, the Public Works Administration and the Tennessee Valley Authority.
Congress passes the Emergency Banking Bill, the Glass-Steagall Act of 1933, the Farm Credit Act, the National Industrial Recovery Act and the Truth-in-Securities Act.
Roosevelt does much to redistribute wealth from the rich to the poor, but is concerned with a balanced budget. He later rejects Keynes' advice to begin heavy deficit spending.
The free fall of the GNP is significantly slowed; it dips only 2.1 percent this year. Unemployment rises slightly, to 24.9 percent.
1934
Congress authorizes creation of the Federal Communications Commission, the National Mediation Board and the Securities and Exchange Commission.
The economy turns around: GNP rises 7.7 percent, and unemployment falls to 21.7 percent. A long road to recovery begins.
Sweden becomes the first nation to recover fully from the Great Depression. It has followed a policy of Keynesian deficit spending.
1935
The Supreme Court declares the National Recovery Administration to be unconstitutional.
Congress authorizes creation of the Works Progress Administration, the National Labor Relations Board and the Rural Electrification Administration.
Congress passes the Banking Act of 1935, the Emergency Relief Appropriation Act, the National Labor Relations Act, and the Social Security Act.
Economic recovery continues: the GNP grows another 8.1 percent, and unemployment falls to 20.1 percent.
1936
Top tax rate raised to 79 percent.
Economic recovery continues: GNP grows a record 14.1 percent; unemployment falls to 16.9 percent.
1937
The Supreme Court declares the National Labor Relations Board to be unconstitutional.
Roosevelt seeks to enlarge and therefore liberalize the Supreme Court. This attempt not only fails, but outrages the public.
Economists attribute economic growth so far to heavy government spending that is somewhat deficit. Roosevelt, however, fears an unbalanced budget and cuts spending for 1937. That summer, the nation plunges into another recession. Despite this, the yearly GNP rises 5.0 percent, and unemployment falls to 14.3 percent.
1938
No major New Deal legislation is passed after this date, due to Roosevelt's weakened political power.
The year-long recession makes itself felt: the GNP falls 4.5 percent, and unemployment rises to 19.0 percent.
1939
The United States will begin emerging from the Depression as it borrows and spends $1 billion to build its armed forces. From 1939 to 1941, when the Japanese attack Pearl Harbor, U.S. manufacturing will have shot up a phenomenal 50 percent!

 

[asterism]

Obama had 2 years of a Democratic Congress. That's how Obamacare got passed. He was focused on that instead of the economy.

Well, he had about six months of Senate that was filabuster proof... but to the point, he passed ObamaCare.

The ugly secret of Obamacare. Even its opponents know it's necessary. That's why you didn't see Big Insurance mount a "Harry and Louise" campaign against it. It's why Romney won't say what he'll replace it with.

Obama had to swallow a big pill because it was required to fix a broken system, and he's paying a price for it.

Thats crap. Obama and the Democrats were more interested in their left of center government agenda than the economy. The record clearly shows that.

 

[SniperFire]

So much for hopey changey.

'We are the Ones' the word has been waiting for?

LOL

 

[Darkwind]

BTW last time i checked, the Depression of 1920 was still the deepest depression in history. And we recovered from that very quickly compared to the economic downturns that werent as deep but which had politicians trying to fix it with government intervention.

Go back to school and learn your history, it took over 10 years.

1929
Recession begins in August, two months before the stock market crash. During this two month period, production will decline at an annual rate of 20 percent, wholesale prices at 7.5 percent, and personal income at 5 percent.
Stock market crash begins October 24. Investors call October 29 Black Tuesday. Losses for the month will total $16 billion, an astronomical sum in those days.
1930
By February, the Federal Reserve has cut the prime interest rate from 6 to 4 percent. Treasury Secretary Andrew Mellon announces that the Fed will stand by as the market works itself out: 'Liquidate labor, liquidate real estate... values will be adjusted, and enterprising people will pick up the wreck from less-competent people'.
The Smoot-Hawley Tariff passes on June 17. With imports forming only 6 percent of the GNP, the 40 percent tariffs work out to an effective tax of only 2.4 percent per citizen. Even this is compensated for by the fact that American businesses are no longer investing in Europe, but keeping their money stateside. The consensus of modern economists is that the tariff made only a minor contribution to the Great Depression in the U.S., but a major one in Europe.
Supreme Court rules that the monopoly U.S. Steel does not violate anti-trust laws as long as competition exists, no matter how negligible.
The GNP falls 9.4 percent from the year before. The unemployment rate climbs from 3.2 to 8.7 percent.
1931
No major legislation is passed addressing the Depression.
The GNP falls another 8.5 percent; unemployment rises to 15.9 percent.
1932
This and the next year are the worst years of the Great Depression. For 1932, GNP falls a record 13.4 percent; unemployment rises to 23.6 percent.
Industrial stocks have lost 80 percent of their value since 1930.
10,000 banks have failed since 1929, or 40 percent of the 1929 total.
GNP has also fallen 31 percent since 1929.
Over 13 million Americans have lost their jobs since 1929.
International trade has fallen by two-thirds since 1929.
Congress passes the Federal Home Loan Bank Act and the Glass-Steagall Act of 1932.
Top tax rate is raised from 25 to 63 percent.
Popular opinion considers Hoover's measures too little too late. Franklin Roosevelt easily defeats Hoover in the fall election. Democrats win control of Congress.
1933
Roosevelt inaugurated; begins 'First 100 Days'; of intensive legislative activity.
A third banking panic occurs in March. Roosevelt declares a Bank Holiday; closes financial institutions to stop a run on banks.
Alarmed by Roosevelt's plan to redistribute wealth from the rich to the poor, a group of millionaire businessmen, led by the Du Pont and J.P. Morgan empires, plans to overthrow Roosevelt with a military coup and install a fascist government modelled after Mussolini's regime in Italy. The businessmen try to recruit General Smedley Butler, promising him an army of 500,000, unlimited financial backing and generous media spin control. The plot is foiled when Butler reports it to Congress.
Congress authorizes creation of the Agricultural Adjustment Administration, the Civilian Conservation Corps, the Farm Credit Administration, the Federal Deposit Insurance Corporation, the Federal Emergency Relief Administration, the National Recovery Administration, the Public Works Administration and the Tennessee Valley Authority.
Congress passes the Emergency Banking Bill, the Glass-Steagall Act of 1933, the Farm Credit Act, the National Industrial Recovery Act and the Truth-in-Securities Act.
Roosevelt does much to redistribute wealth from the rich to the poor, but is concerned with a balanced budget. He later rejects Keynes' advice to begin heavy deficit spending.
The free fall of the GNP is significantly slowed; it dips only 2.1 percent this year. Unemployment rises slightly, to 24.9 percent.
1934
Congress authorizes creation of the Federal Communications Commission, the National Mediation Board and the Securities and Exchange Commission.
The economy turns around: GNP rises 7.7 percent, and unemployment falls to 21.7 percent. A long road to recovery begins.
Sweden becomes the first nation to recover fully from the Great Depression. It has followed a policy of Keynesian deficit spending.
1935
The Supreme Court declares the National Recovery Administration to be unconstitutional.
Congress authorizes creation of the Works Progress Administration, the National Labor Relations Board and the Rural Electrification Administration.
Congress passes the Banking Act of 1935, the Emergency Relief Appropriation Act, the National Labor Relations Act, and the Social Security Act.
Economic recovery continues: the GNP grows another 8.1 percent, and unemployment falls to 20.1 percent.
1936
Top tax rate raised to 79 percent.
Economic recovery continues: GNP grows a record 14.1 percent; unemployment falls to 16.9 percent.
1937
The Supreme Court declares the National Labor Relations Board to be unconstitutional.
Roosevelt seeks to enlarge and therefore liberalize the Supreme Court. This attempt not only fails, but outrages the public.
Economists attribute economic growth so far to heavy government spending that is somewhat deficit. Roosevelt, however, fears an unbalanced budget and cuts spending for 1937. That summer, the nation plunges into another recession. Despite this, the yearly GNP rises 5.0 percent, and unemployment falls to 14.3 percent.
1938
No major New Deal legislation is passed after this date, due to Roosevelt's weakened political power.
The year-long recession makes itself felt: the GNP falls 4.5 percent, and unemployment rises to 19.0 percent.
1939
The United States will begin emerging from the Depression as it borrows and spends $1 billion to build its armed forces. From 1939 to 1941, when the Japanese attack Pearl Harbor, U.S. manufacturing will have shot up a phenomenal 50 percent!

Yes, it took a fucking world war.

Want to start one? Cause that and what Obama is doing is what is referred to by sane people as failing.

 

[Dick Tuck]

But Obama PROMISED he could; you remember, right along with "the most transparent administration in history" (REALLY?) and that whole "Hope and Change" thingy. It's all good though; we know what to do with politicians that don't keep their promises, and NO, after four years, blaming Bush doesn't cut it anymore, so election day is pink slip day for Barry!

"What time is it, America? It's time for him to go!"

He could have done a lot more if he actually had a congress that worked with him, they did nothing but buck him and worked their hardest to try and get Obama out, on our tax dollars. Its time for each and everyone of those Free loaders to go.

Obama had 2 years of a Democratic Congress. That's how Obamacare got passed. He was focused on that instead of the economy.

Obama had 26 working days of a filibuster proof senate. That's the reason he got health care reform.

 

[TheGreatGatsby]

He could have done a lot more if he actually had a congress that worked with him, they did nothing but buck him and worked their hardest to try and get Obama out, on our tax dollars. Its time for each and everyone of those Free loaders to go.

Obama had 2 years of a Democratic Congress. That's how Obamacare got passed. He was focused on that instead of the economy.

Obama had 26 working days of a filibuster proof senate. That's the reason he got health care reform.

He got it b/c of a handful of turncoat Republicans. The vote was never in jeopardy. But thanks for another round of liberal revisionist history.

 

[Darkwind]

He could have done a lot more if he actually had a congress that worked with him, they did nothing but buck him and worked their hardest to try and get Obama out, on our tax dollars. Its time for each and everyone of those Free loaders to go.

Obama had 2 years of a Democratic Congress. That's how Obamacare got passed. He was focused on that instead of the economy.

Obama had 26 working days of a filibuster proof senate. That's the reason he got health care reform.

False premise.

Standing up and fighting for your principle does not mean backing down on the hint of a filibuster.

The truth is, none of what he wanted was rejected until 2010. He owns it.

 

[EriktheRed]

Obama had 2 years of a Democratic Congress. That's how Obamacare got passed. He was focused on that instead of the economy.

Well, he had about six months of Senate that was filabuster proof... but to the point, he passed ObamaCare.

The ugly secret of Obamacare. Even its opponents know it's necessary. That's why you didn't see Big Insurance mount a "Harry and Louise" campaign against it. It's why Romney won't say what he'll replace it with.

Obama had to swallow a big pill because it was required to fix a broken system, and he's paying a price for it.

Thats crap. Obama and the Democrats were more interested in their left of center government agenda than the economy. The record clearly shows that.

Oh, is that why there was also a stimulus bill?

 

[Peach]

I don't pretend that it could have been fixed. I know it could have been fixed. Do you think that the economy is some mysterious bubble that will do what it's gonna do? Applied sound economic principles yield results. Ask Taiwan and Hong Kong if that's true. They are tiny islands that went from third world countries to global powerhouses in less than a generation.

Just like I said...pretending. Applied sound generalities isn't a point. You don't know how it could've been fixed ...hell you think a generation and 4 years is an apt comparison. Lol

I know exactly the many mechanisms that economy could have been fixed. If you weren't so concerned with social engineering and thought policing then you'd read an economics book and realize how our government has went away from sound principles and went into a perpetual shell game to feed upon the ignorant masses that includes you.

The litany of worn cliches indicates you wouldn't know Hicks from Myrdal if BOTH bit you on the butt.