Obama is inheriting a worse economy from himself...,

[Misty]

Obama ran on bush's unemployment numbers which were higher then they are now. So Obama is inheriting a bigger recession from himself than he did from bush. Period.

 

[HUGGY]

Then he claims to have inherited from Bush.

Bush unemployment 7.3
Obama unemployment 8.1

Obama is inheriting a worse economy from himself...,

Really? Our economy is rolling towards the edge of a cliff? We need to bail out all the banks today? American auto industry about to collapse? Stock market headed towards a new low?

You are an idiot.

 

[Misty]

I was wondering more about his comment, and then denial of said comment.

Congratulations, bobcollum! You have earned yourself first prize blue ribbon at USMB for posting the most mealy-mouthed post of September 2012.

don't you have some cats to throw?

Ignorant response noted.

 

[Lakhota]

Obama is inheriting a worse economy from himself...,

Not according to Mitt Romney and Bill Kristol.

Romney On Whether We're Better Off: 'Of Course It's Getting Better' | ThinkProgress

The Weekly Standard’s Bill Kristol advised Mitt Romney to avoid making the election about the last four years, noting that the Obama administration inherited the crisis from Bush and has handled it well. “If this election is just about the last four years, that’s a muddy verdict. Bush was president during the financial meltdown. The Obama team has turned that around pretty well. Bill Clinton’s speech at the convention was very important in that way,” he said. Romney “has go to make it a choice about the next four years and explain what obama would do that would be bad for the country and what he would do to be good.” Watch it:

Bill Kristol: Obama Has Turned Around The Financial Meltdown 'Pretty Well' | ThinkProgress

Bill Kristol on the economy - YouTube

 

[Misty]

Then he claims to have inherited from Bush.

Bush unemployment 7.3
Obama unemployment 8.1

Obama is inheriting a worse economy from himself...,

Really? Our economy is rolling towards the edge of a cliff? We need to bail out all the banks today? American auto industry about to collapse? Stock market headed towards a new low?

You are an idiot.

Obama threw money at them but that can not be sustained. It's a bandaid on a gaping wound.

And calling me an idiot won't change the numbers.

 

[Plasmaball]

Congratulations, bobcollum! You have earned yourself first prize blue ribbon at USMB for posting the most mealy-mouthed post of September 2012.

don't you have some cats to throw?

Ignorant response noted.

Joke flew over your head....

 

[Misty]

"Last week, The Associated Press reinforced some of those doubts, reporting this has been "the feeblest economic recovery since the Great Depression."

Since World War II, each of 10 U.S. recessions have been followed by a recovery that lasted at least three years, the wire service reported. "An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest."


Ground Zero: And the economy is not getting better - Opinion - ReviewJournal.com

 

[Misty]

""Jack Rasmus is a west coast economist who puts out the most thorough review of the economy. This article was written in response to the bad job numbers and low GDP growth. It is the most thorough I’ve seen and puts forward predicators for the future. KZ"

"In the months to come the jobs markets in the US will continue at best to stagnate; apart from seasonality factors the housing market will continue to ‘bump along the bottom’ as it has for four years now; government spending will continue to decline; and business spending, bank lending, manufacturing and exports will continue to slow, while consumers will continue to rely on credit and dis-saving to maintain consumption. GDP as a result will continue to lag."


The Economy is Not Getting Better, Will Not Be Getting Better and We Should Expect Massive Federal Spending Cuts in 2013 | NewsLanc.com

 

[Misty]

"The short-term charts — the ones the Obama campaign might endorse — show the changes in four indicators since July 2010. They are consumer confidence in the current economic situation, new-car sales, new-home sales and unemployment. All have gotten substantially better during the period shown.

The other charts — think of them as the Romney ones — are based on the same data. But they show changes since December 2000.

Those dates were not, of course, chosen at random. The earlier date came at the end of a great economic boom, when the economy was running at full speed and arguably a little more. In those days, there were newspaper articles on how hard it was for companies to find workers. The unemployment rate was 3.9 percent.

The July 2010 date came a few months after the American economy hit bottom. The unemployment rate then was 9.5 percent, down from the peak of 10 percent but still very high.

Since then, the rate has declined to 8.1 percent. That decline of 1.4 percentage points looks pretty impressive on the short-term chart, while the same decline is far less impressive in the context of the longer term."

http://www.nytimes.com/2012/09/29/b...gh-campaign-trail-glasses-off-the-charts.html

 

[bobcollum]

I was wondering more about his comment, and then denial of said comment.

Congratulations, bobcollum! You have earned yourself first prize blue ribbon at USMB for posting the most mealy-mouthed post of September 2012.

I'm not sure that means what you think it means, but then it wouldn't be the first time you made a stupid.

It's also no surprise that you can't support or clarify Newby's postings in the thread, he can't seem to do it either. I appreciate the effort though.

 

[Misty]

Obama is inheriting a worse economy from himself...,

Not according to Mitt Romney and Bill Kristol.
Romney On Whether We're Better Off: 'Of Course It's Getting Better' | ThinkProgress

The Weekly Standard’s Bill Kristol advised Mitt Romney to avoid making the election about the last four years, noting that the Obama administration inherited the crisis from Bush and has handled it well. “If this election is just about the last four years, that’s a muddy verdict. Bush was president during the financial meltdown. The Obama team has turned that around pretty well. Bill Clinton’s speech at the convention was very important in that way,” he said. Romney “has go to make it a choice about the next four years and explain what obama would do that would be bad for the country and what he would do to be good.” Watch it:

Bill Kristol: Obama Has Turned Around The Financial Meltdown 'Pretty Well' | ThinkProgress
Bill Kristol on the economy - YouTube

This is not the full article nor response on YouTube.

 

[rdean]

Then he claims to have inherited from Bush.

Bush unemployment 7.3
Obama unemployment 8.1

You guys are always trying, but the dumbass oozes out the pores.

When a new president enters office, he inherits the last presidents budgets and policies. If the former president put a policy into effect more than 60 days before he took office, it takes an act of congress to over turn it.

The new president is sworn into office in January, but he's stuck with budget of the previous president until October. On the last day of Bush's budget, unemployment was 10.1% and that's the truth.

It just seems right wingers can't be taught. They come up with the same ignorant bullshit again and again as if every time they repeat it, makes it "new".

 

[Misty]

The bill Kristin YouTube has been spliced you can hear it. Once again liberals are misrepresenting what Kristol was saying

I'm looking for the full transcript.

 

[Rozman]

It will be funny if he wins he goes out to give his 20 speeches a week
about how bad the economy is that he inherited....
Valerie Jarrett will have to pull him aside to let him know
he can't do that anymore...

 

[HUGGY]

The bill Kristin YouTube has been spliced you can hear it. Once again liberals are misrepresenting what Kristol was saying

I'm looking for the full transcript.

He said it on Meet The Press in front of a million Americans.

 

[Lakhota]

Sounds like ole Misty is in denial...

 

[Lakhota]

Fox's Dobbs: Romney Shouldn't Ask "Are You Better Off" Because "Any Damn Fool Knows In 2008 This Country Was In Crisis" | Video | Media Matters for America

 

[Plasmaball]

"Last week, The Associated Press reinforced some of those doubts, reporting this has been "the feeblest economic recovery since the Great Depression."

Since World War II, each of 10 U.S. recessions have been followed by a recovery that lasted at least three years, the wire service reported. "An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest."


Ground Zero: And the economy is not getting better - Opinion - ReviewJournal.com

See here is your problem and the problem with most of you. You love to post opinion pieces as if they are hardcore facts.
Now normal people understand the fact they are not. They are nothing more than paid message boards posters. Its just they tend to be more lengthy.( unless you are political chic)

So you post an opinion piece that reinforces your already line in the sand opinion on obama and the economy. You've proved nothing.

Sadly you people don't understand because you live in a bubble..if only that bubble lost its air...

 

[AmericanFirst]

Big difference that you're overlooking. Which way our economy was headed then compared to which direction it's headed now. Looking at the numbers in a silo don't tell the full story about the path that we are and were headed on.

We are deeper down the same path thanks to obamaturd. The libtards lies do not work anymore since obamaturd has proven he is no better, and maybe worse, then Bush.

 

[AmericanFirst]

Then he claims to have inherited from Bush.

Bush unemployment 7.3
Obama unemployment 8.1

This is a miserable fail. When Obama took office, we were losing 750,000 jobs per month. While the staggering job losses continued a few months longer, the turnaround soon began and we started seeing positive job growth under Obama.

This is one of the biggest lies I have heard. Thanks for proving us right.