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yeah we know, NOTHING is his fault..yet he hasn't saved us yet...even with ALL that monies he's spent...go figure
Well, one could say that he had stopped the economy from sliding further into depression!
The economy tanked in the fall of 2008 because everyone in the private sector has cut on spending (everyone and their banks had suddenly realized that they took too much of bad debt). If the government would cut its spending as well, it would make the crisis much worse.
The economists call it "the paradox of thrift" -- if everyone in the country decides to reduce their debt at the same time, the whole economy and everyone's income collapse. And in the end everyone's debt problem becomes worse.
wtf? if the Government CUT spending it would make the crisis much worse..
and you guys and we were heading into a Depression...some say we are headed there now.
and some say everyone in the private sector cut spending was the RESULT of the Obama being elected..
In other words Bush had bad debt but Obama has good debt right? And when a Republican returns to President it will suddenly be bad debt again, right?
When the economy is underperforming, we have to return it to the full employment first. Then start reducing the deficits (like, BTW, Clinton did).
Well, one could say that he had stopped the economy from sliding further into depression!
The economy tanked in the fall of 2008 because everyone in the private sector has cut on spending (everyone and their banks had suddenly realized that they took too much of bad debt). If the government would cut its spending as well, it would make the crisis much worse.
The economists call it "the paradox of thrift" -- if everyone in the country decides to reduce their debt at the same time, the whole economy and everyone's income collapse. And in the end everyone's debt problem becomes worse.
wtf? if the Government CUT spending it would make the crisis much worse..
Yes, that is the basic arithmetic. You may hate Obama all you want, but 2+2 will always be 4, not 5.
and you guys and we were heading into a Depression...some say we are headed there now.
and some say everyone in the private sector cut spending was the RESULT of the Obama being elected..
Some may say whatever they want -- but it only matters if they can support their claims with data. At least this how it should be -- but then again, who would vote for Republicans if that were the case?
You are making it too complicated, but it is really simple
An under performing economy reduces incomes for everyone, including the government, and it makes everyone's debt problem worse.
Some may say whatever they want -- but it only matters if they can support their claims with data. At least this how it should be -- but then again, who would vote for Republicans if that were the case?
Wonder how much that would be if we never had the Bush Tax cuts, the drugs for votes bill and the cost of tens of thousands of Americans maimed in Iraq? Would we even be in debt? Good job GOP. And now you blame it on Obama. Remember, the Bush Tax cuts and the drugs for votes bill were both passed through reconciliation. Not a thing Democrats could do about it.
Remember which party held the Legislative branch until 2011, which included government programs like Obamacare, the Stimulus bill, Cash for Clunkers, Cash for Appliances, Home Forclosure bail-out spending (to name a few) and there was nothing the Republicans could do about it.
and aren't you just so cute.^^
In other words Bush had bad debt but Obama has good debt right? And when a Republican returns to President it will suddenly be bad debt again, right?
You are making it too complicated, but it is really simple
An underperforming economy reduces incomes for everyone, including the government, and it makes everyone's debt problem worse.
Wonder how much that would be if we never had the Bush Tax cuts, the drugs for votes bill and the cost of tens of thousands of Americans maimed in Iraq? Would we even be in debt? Good job GOP. And now you blame it on Obama. Remember, the Bush Tax cuts and the drugs for votes bill were both passed through reconciliation. Not a thing Democrats could do about it.
Remember which party held the Legislative branch until 2011, which included government programs like Obamacare, the Stimulus bill, Cash for Clunkers, Cash for Appliances, Home Forclosure bail-out spending (to name a few) and there was nothing the Republicans could do about it.
There was nothing republicans could do about it? Uh did you happen to forget that the super majority was lost when scott Brown was sworn in on Feb 4, 2010 and how the filibuster started getting overused by republicans intent on halting any movement in a positive direction so they could watch this country crumble in the hopes that they could use the dire situation to accomplish their primary goal of defeating obama in 2012?
Furthermore did you know that the dems didn't even gain the super majority until Arlen spector switched parties on April 28, 2009?
So for all of this talk about dems and 2 years the fact is that they only had the super majority for roughly 9 months and the rest of the time they had to deal with with filibuster and republicans who would rather see obama get the blame than get this country out of this economic mess.
Seems to me that you need to get your fact straight. Kind of like your bogus claim about the airlines not taking a bailout after 9/11 when they did
sigh..... here's the full quote full auto, and the context and correct date, it was not march
On July 14, 2009, in a speech at Macomb Community College in Warren, Mich., Barack Obama veered off his prepared remarks to take a shot at some of the "it's Obama's economy" critics to arrogantly say:
''I love those folks who helped get us in this mess, and suddenly they say, 'This is Obama's economy.' That's fine. Give it to me. My job is to solve problems, not stand on the sidelines and carp and gripe.''
and the unemployment rate has gone from 10% down to 8.6% since then....I agree it has been slow in improvement, but improvement none the less, no?
In the past, the economy improved faster when the government did absolutely nothing. All of Obama's schemes have been counter productive. This has been the longest recession we've ever had, thanks to Obama.
waste of time posting up that graph asshole..........the same one you post up 100 times/month.
Reality is 99% perception.
This is a POLITICS forum.........the majority know the score with the deficit spending in 2012 and nobody cares a rats ass about Reagan or Bush except the nutters.
I love blowing your shit up s0n...............or any naive fuck for that matter!!!
"Obama's spending addiction"
RealClearPolitics - Obama's Spending Addiction
waste of time posting up that graph asshole..........the same one you post up 100 times/month.
Reality is 99% perception.
This is a POLITICS forum.........the majority know the score with the deficit spending in 2012 and nobody cares a rats ass about Reagan or Bush except the nutters.
I love blowing your shit up s0n...............or any naive fuck for that matter!!!
"Obama's spending addiction"
RealClearPolitics - Obama's Spending Addiction
Uh due to the fact that repubs have controlled the house and the purse strings for the last year why is it that you hold only obama and the left accountable for continued growth of the debt?
ROFL! The economy was already recovering when Clinton took office.
Uh due to the fact that repubs have controlled the house and the purse strings for the last year why is it that you hold only obama and the left accountable for continued growth of the debt?
ROFL! The economy was already recovering when Clinton took office.
I don't remember saying otherwise. I mentioned Clinton years as a right time to reduce the deficit -- you can do that at any moment when the FED rate is well above zero.
Comical and very incorrect.
That is how you end up voting for republicans -- by learning to dismiss the facts and numbers.
If you had 50K coming into the household.....and one year you decided that you wanted to spruce up the house and pout all new windows and a new driveway in.
And the result was having to borrow money to pay your evryday bills.
Would you say it was a spending problem or a revenue problem?
In other words Bush had bad debt but Obama has good debt right? And when a Republican returns to President it will suddenly be bad debt again, right?
You are making it too complicated, but it is really simple
An underperforming economy reduces incomes for everyone, including the government, and it makes everyone's debt problem worse.
no its not that simple, you are not addressing the comment you quoted.
and so tell us, how do we return to full employment....
You gave Clinton credit for the recovery, and that was a total lie.
He also deserves no credit for reducing the deficit. The Republicans did that.
Remember which party held the Legislative branch until 2011, which included government programs like Obamacare, the Stimulus bill, Cash for Clunkers, Cash for Appliances, Home Forclosure bail-out spending (to name a few) and there was nothing the Republicans could do about it.
There was nothing republicans could do about it? Uh did you happen to forget that the super majority was lost when scott Brown was sworn in on Feb 4, 2010 and how the filibuster started getting overused by republicans intent on halting any movement in a positive direction so they could watch this country crumble in the hopes that they could use the dire situation to accomplish their primary goal of defeating obama in 2012?
Furthermore did you know that the dems didn't even gain the super majority until Arlen spector switched parties on April 28, 2009?
So for all of this talk about dems and 2 years the fact is that they only had the super majority for roughly 9 months and the rest of the time they had to deal with with filibuster and republicans who would rather see obama get the blame than get this country out of this economic mess.
Seems to me that you need to get your fact straight. Kind of like your bogus claim about the airlines not taking a bailout after 9/11 when they did
ONLY 10 months...yes, only.....
we are well aware and you are aware that having that supra majority for 10 months gave you ala obama care the power to what you wished....like create a yearly budget ( which doesn't require a supra majority btw) , but that got passed by for 2 years....why is that btw?
oh and please list the bills, votes ala these filibusters the republicans have engaged in since that cloture proof majority was lost...thank you in advance.
waste of time posting up that graph asshole..........the same one you post up 100 times/month.
Reality is 99% perception.
This is a POLITICS forum.........the majority know the score with the deficit spending in 2012 and nobody cares a rats ass about Reagan or Bush except the nutters.
I love blowing your shit up s0n...............or any naive fuck for that matter!!!
"Obama's spending addiction"
RealClearPolitics - Obama's Spending Addiction
Uh due to the fact that repubs have controlled the house and the purse strings for the last year why is it that you hold only obama and the left accountable for continued growth of the debt?
UHHH since the dems ran the House and senate since jan 2007 till jan 2011.......etc etc etc....now where are you?
