- Banned
- #41
Obama is a buffoon
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Such elegantly conveyed insights. Thanks for contributing to the conversation!
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Obama is a buffoon
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Job creation is the lowest of any recovery,not even enough to absorb the growing labor force. Major companies have lots of money in the bank because they cannot invest it in new products and equipment because they cannot price those investments. Small companies are going out of business. Major investment has shifted to overseas, where there is a more stable legal system and economy.Soo... far be it from me to break in on this bubble fest, but...
Has private sector hiring not increased every month for the last 2 1/2 years?
Has public sector hiring not decreased for almost every month over that time period?
Have corporate profits not dramatically increased?
Has GDP not increased at a pretty good clip over that time period?
Did the DJIA fall back beneath 7000 while I had my head turned?
So, I'm not really seeing where what he said was incorrect here.
Perhaps you can help me.
As far as I can see, the only reason unemployment is still at 8.2 percent is that so many people have been laid off in the public sector.
The left constantly says the 99% are suffering. So which is it? And I'd also like to point out wallstreet is not main street.
My business while rebounding is still lagging far behind where it was in 08.
Ahh, those are good points.
Points that have more to do with income inequality than the state of the private sector economy.
Also about huge multinational corporations pushing the little guys out of business.
You may want to talk to Congress about that. Tell them to change international trade laws so WalMart stops taking over main street.
And public sector jobs need to stay gone. Those people need to find jobs in the private sector. In case you hadnt noticed we are near bankruptcy and can no longer afford to grow the govt sector. Walker gave you guys a solution and you spit in his face.
Whether they need to "stay gone" or not is not the point.
The point is that they are gone, and therefore unemployment has stayed high.
Private Sector jobs have been rising steadily since about Feb 2010.
Which was his point.
If you want to complain about unemployment, then you must acknowledge what is causing said unemployment.
It gets even better.
As soon as the GOP pounced, Obama reversed himself.
Obama clarifies:
You couldn't make this up. He is totally at sea.
Standard & Poor’s affirmed its long-term credit rating on the United States at AA+ and said its outlook remains negative.
The credit agency made the announcement after Obama's said Friday morning that the private sector is "doing fine" and that the GOP Congress is slowing down the economy. It was immediately pounced on by Mitt Romney and other Republican leaders, resulting in the president backpedaling by the afternoon.
It gets even better.
As soon as the GOP pounced, Obama reversed himself.
Obama clarifies:
You couldn't make this up. He is totally at sea.
John McCain saying that the fundamentals of the economy were fine?"