obama caves again

Ooooookay, if that's what you want to go with..

I think he's okay going with it since it is true. It is not the only factor that has slowed the economy but it certainly drove a lot of investors overseas in the uncertainty that it has created in America's economic stability and it was a very expensive bandaid applied to create false numbers while correcting almost none of the problems that put us in this situation in the first place.

I think you can go around all day about whether the stimulus helped the economy or hindered growth.

And such arguments will be meaningless in November. Unemployment is heading down, has been for a while now.

Now, personally, I think that the fact that Obama inspired so little confidence should be a factor in November, but it won't be.
Actually Joe, the unemployment rate heading down is an aberration. Seasonal employment combined with hundreds of thousands of people GIVING UP and leaving the work force are the REAL reasons for it going down. Not to mention out right DOCTORING of the figures by the this group of politically motivated, economic morons in Washington.

If you look at the amount of revenue that SHOULD have been collected in taxes for the numbers the budget office is giving...they do NOT match. It's off by nearly 25%!

Same thing with the SUPPOSED increased growth rate of the economy. It's been LESS than 1% since Obama took office, yet in this election year it jumps...mysteriously to 3% despite the lack of actually physical inventory...? If you believe that's a real growth rate, I'll find you some nice ocean front property in Montana to buy! ;~)

As to the campaign contribution paybacks...uh, stimulus packageS working, NOT even close!

As with FDR and the "New Deal" during the "Great Depression," which, buy the way, was ONLY called the great depression in the US because the rest of the world pulled out of it in a couple years, but EVERY credible economist...INCLUDING FDR's own guy who implemented that insanity...says flatly that all that government taxing and spending actually slowed the recovery and HURT the economy. AND that the only reason we recovered at ALL was because of turning the majority of our manufacturing to war goods to be sold to Europeans long before we entered the war.

There is a reason that the minute that SOB Roosevelt was gone they passed constitutional amendment so that a president could not serve but 2 terms...and it WEREN'T out of love! ;~)

I'm guessing that there will be a constitutional amendment or 2 comes out of the wake of this current socialist's presidency too!

Something along the lines of no self funding departments headed by unelected Czars are uncontitutional. Maybe something about limits on discretionary spending by a president and a limit on the amount of spending by the government as a percentage of the GDP not to exceed 18% except in a time of CONSTITUTIONALLY (as in by Congress) declared war. And I can think of about 3 or 4 more that may come up over the next couple years.

Here's the thing Joe, yes the economy STUNK ON ICE when Obama was sworn in. HOWEVER, the recession had OFFICIALLY ENDED by the time he was sworn in according to the government accounting office. YET...despite O claiming that if we just gave him a couple TRILLION dollars he'd create 3 million new jobs in his first 2 years in office and the unemployment rate would not go above 8%...it has not gone BELOW 8% and we haven't seen but 3 million jobs in 3 years total. And if you take out the 1.2 million FAKE jobs created by hiring and firing the same ACORN census workers over and over and temporary jobs...it's LESS than 2 million!

It's one thing to CLAIM victory using statistics out of cooked books, but there are too many people who understand the LIES and fuzzy government math that ARE going to hold their feet to the fire over it!

This latest episode of this administration defining pregnancy as a disease and so can be REGULATED by Sebelius at HHS and Obamacare and using the smoke screen of an out right ATTACK on the 1st Amendment is just one more nail in an ever enlarging coffin that has plenty of room for Holder, Cass Sunstein, the designer of all this insanity and the rest of his Weather Underground buddies!
 
Ooooookay, if that's what you want to go with..

I think he's okay going with it since it is true. It is not the only factor that has slowed the economy but it certainly drove a lot of investors overseas in the uncertainty that it has created in America's economic stability and it was a very expensive bandaid applied to create false numbers while correcting almost none of the problems that put us in this situation in the first place.

I think you can go around all day about whether the stimulus helped the economy or hindered growth.

And such arguments will be meaningless in November. Unemployment is heading down, has been for a while now.

Now, personally, I think that the fact that Obama inspired so little confidence should be a factor in November, but it won't be.

The small investor continues to leave the stock market. The distance between Main Street and Wall Street is growing larger. Savings is growing too. Why? What type of return is that? It all comes back to no confidence in the economy or government.
 

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