Obama: The End of an Error.

[PoliticalChic]

Obama has raised $27 million in one quarter. More than all of the Republican candidates combined. Looks like America still loves the president.

Maybe your lame candidates will learn a little something as well.

Can you imagine, with the record of non-accomplishment that this President has amassed...
...Casey Anthony could beat him....as a write in!

In your opinion which almost nobody shares out here in the real world..

Sarah G, The USMB version of a deer with no eyes: no-eye-deer.


This is gonna blow your skirt up………

Friday, July 15, 2011

The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 27% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as president. Thirty-nine percent (39%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -12 (see trends).Daily Presidential Tracking Poll - Rasmussen Reports™


Now, you be sure to stop in just as soon as you get back from "...out here in the real world...."

 

[Polk]

FDR is pretty magical, which his ability to start a depression several years before he took office. Also, that German theme is a laugh. Germany didn't see the same rise in unemployment we did during this recession, but their economy is still in very weak shape. They have recovered faster, but they also took a much larger fall. As for the post-Second World War example, you guys are smart enough to figure out why a country that's been flattened with experience rapid growth.

Also, liberals from five years ago called. They want their catch phrase back.

FDR extended the Depression.

And, no checks with polka dots!

Between the time Roosevelt took office and the end of 1936, unemployment felt by 40% and industrial output more than doubled. If that's 'extend[ing] the Depression', you have a pretty warped perspective.

 

[Polk]

2. Let Fannie and Freddie Fail, sell them at auction (I can dream, can't I?)

Because an even steeper decline in housing prices is exactly what the economy needed.

 

[Big Fitz]

And remember, Ben Bernanke is an EXPERT on the Great Depression. He studied it extensively.

Who knew he wanted to RE-LIVE it!!

 

[Big Fitz]

2. Let Fannie and Freddie Fail, sell them at auction (I can dream, can't I?)

Because an even steeper decline in housing prices is exactly what the economy needed.

We're going to get that anyway. Te only thing that may balance that out is hyper-inflation if we default

 

[Polk]

2. Let Fannie and Freddie Fail, sell them at auction (I can dream, can't I?)

Because an even steeper decline in housing prices is exactly what the economy needed.

We're going to get that anyway. Te only thing that may balance that out is hyper-inflation if we default

Doubtful. House prices seem to be near their bottom (prices are still declining slightly, but sales are also increase), which is to expected considering the household formation data.

 

[Big Fitz]

wow... end of an "error"....

almost clever.

I took it for the subtle mocking of what the radical leftists did after W won in 2000 with their 'countdown till out of office' clocks.

Musta been too nuanced for you.

 

[Big Fitz]

Because an even steeper decline in housing prices is exactly what the economy needed.

We're going to get that anyway. Te only thing that may balance that out is hyper-inflation if we default

Doubtful. House prices seem to be near their bottom (prices are still declining slightly, but sales are also increase), which is to expected considering the household formation data.

Doesn't seem to be the case in the Twin Cities.

 

[Maple]

"Obamanomics has produced the weakest, most anemic recovery since the 1930s, when another generation’s big-government planners turned their great recession into the Great Depression. To be fair, President George W. Bush certainly did not give the best economic handoff - he too was addicted to spending - but to be clear, President Obama has unarguably fumbled the ball. He has, to borrow his own phrase, put his “boot on the neck” of American businesses with his increased taxes and regulatory burden; he has grown government with his wildly increased spending and outright take-overs; and he has weakened the dollar with his “quantitative easing” printing press.

The devastation caused by Obamanomics is now undeniable. According to Investors Business Daily, 2 million net private-sector jobs have been lost; unemployment has increased by 1.5 percentage points; long-term unemployment is the worst ever on record; the dollar is 12 percent weaker; the number of Americans on food stamps has increased by 37 percent; the Misery Index (unemployment plus inflation) has increased by 62 percent; and the national debt has exploded by an alarming 40 percent. Mr. Obama is on pace to saddle America with more job-killing debt than all the first 43 presidents - combined.

Almost a century ago, Presidents Herbert Hoover and Franklin D. Roosevelt converted a great recession into the Great Depression with their big-government schemes. Similarly today, Mr. Obama has turned our Great Recession into the Obama Depression with his own - now old, tired and discredited - big-government schemes. Meanwhile, Mr. Obama cannot see the obvious lessons of the German Miracle: Unleash the free market, unshackle entrepreneurs and workers from big-government controls and we, the free people of the United States, can rescue our economy and create our own 21st century American Miracle."
WOLF: 'German Miracle' Barack Obama doesn't see - Washington Times
(emphasis mine)


We warned you....you wouldn't listen.
Now, let's see if can learn from your mistakes.

Obama has raised $27 million in one quarter. More than all of the Republican candidates combined. Looks like America still loves the president.

Maybe your lame candidates will learn a little something as well.

Hello-- we have many candidates and once we have the primary with just one candidate you could very well be eating some crow. Obama would do well to use that 27 million and pay down the 4 trillion in debt that he has run up on the tax payer credit card.

 

[Polk]

We're going to get that anyway. Te only thing that may balance that out is hyper-inflation if we default

Doubtful. House prices seem to be near their bottom (prices are still declining slightly, but sales are also increase), which is to expected considering the household formation data.

Doesn't seem to be the case in the Twin Cities.

Some markets are better than others.

 

[Maple]

They are making bumper stickers, " Obama- the end of an error." I am getting several and pasting it all over my vehicle.

 

[Patrick2]

FDR is pretty magical, which his ability to start a depression several years before he took office. Also, that German theme is a laugh. Germany didn't see the same rise in unemployment we did during this recession, but their economy is still in very weak shape. They have recovered faster, but they also took a much larger fall. As for the post-Second World War example, you guys are smart enough to figure out why a country that's been flattened with experience rapid growth.

Also, liberals from five years ago called. They want their catch phrase back.

FDR extended the Depression.

And, no checks with polka dots!

Between the time Roosevelt took office and the end of 1936, unemployment felt by 40% and industrial output more than doubled. If that's 'extend[ing] the Depression', you have a pretty warped perspective.

FDR did indeed extend the depression. The depression was ended in the late 1930s due to manufacturing orders from the WWII beligerents. FDR's policies completely failed, as his treasury secretary famously admitted at the time.

 

[Flopper]

"Obamanomics has produced the weakest, most anemic recovery since the 1930s

The fact that the recession was the worst since the 1930's just might have something to do with the weak recovery.

 

[Patrick2]

"Obamanomics has produced the weakest, most anemic recovery since the 1930s

The fact that the recession was the worst since the 1930's just might have something to do with the weak recovery.

Excuse my vulgarity, but you appear to have your cause and effect relationship ass backwards.

 

[PoliticalChic]

FDR is pretty magical, which his ability to start a depression several years before he took office. Also, that German theme is a laugh. Germany didn't see the same rise in unemployment we did during this recession, but their economy is still in very weak shape. They have recovered faster, but they also took a much larger fall. As for the post-Second World War example, you guys are smart enough to figure out why a country that's been flattened with experience rapid growth.

Also, liberals from five years ago called. They want their catch phrase back.

FDR extended the Depression.

And, no checks with polka dots!

Between the time Roosevelt took office and the end of 1936, unemployment felt by 40% and industrial output more than doubled. If that's 'extend[ing] the Depression', you have a pretty warped perspective.

While my political perspective may cause you to hesitate in accepting my analysis, here, is one from the Brookings Institute...


In 1935, the Brookings Institution (left-leaning) delivered a 900-page report on the New Deal and the National Recovery Administration, concluding that “ on the whole it retarded recovery.” Articles & Commentary

Well, my ill-sartorialized friend, it seems that "pretty warped perspective" seems to have rebounded, and now is perched firmly on your neck, eh? Well, it's better than some of your ties.....

 

[Jroc]

Humm....Their budget has passed the house, Ryan has a plan, so where is Obama's plan? He is the president right? Where is the plan? Speeches aren't a plan, Where is the democrat budget?

Ryan's plan is shit. Where are the jobs?????????????????????????????

Funny you don't ask the president where are the jobs? Just shows how much of an Obama slappy you really are

 

[Jroc]

Obama has raised $27 million in one quarter. More than all of the Republican candidates combined. Looks like America still loves the president.

Maybe your lame candidates will learn a little something as well.

Yey!! the elitist love Obama so what? these aren't the little people giving him money, So what's your point exactly?

Average donation, $69. They love the guy.

Messina stressed in his video the small dollar donations--not the $35,800 dinners--stating the average donation was $69, (This number should be $88) "substantially" lower than the average for the 2008 Obama presidential campaign.

UPDATE In the conference call, Messina said the $69 cited in the video was money donated to Obama for America; however, that striped away the megadonations, which go to the DNC. The average donation from both committees is $88) END UPDATE

The total has been updated. Smaller donations from many Americans show a groundswell of support. Grassroots.

Obama team raised record $86 million last quarter. UPDATES - Lynn Sweet

Translated: I LOVE OBAMA NO MATTER WHAT.. Sarah's kids?..

[ame=http://www.youtube.com/watch?v=54tjbgJmLFg]‪Obama Children Sing for Change for Dear Leader‬‏ - YouTube[/ame]

 

[Jroc]

I posted this before a while back..

FDR's policies prolonged Depression by 7 years, UCLA economists calculate

By Meg Sullivan August 10, 2004 Category: Research
Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt.

After scrutinizing Roosevelt's record for four years, Harold L. Cole and Lee E. Ohanian conclude in a new study that New Deal policies signed into law 71 years ago thwarted economic recovery for seven long years.

"Why the Great Depression lasted so long has always been a great mystery, and because we never really knew the reason, we have always worried whether we would have another 10- to 15-year economic slump," said Ohanian, vice chair of UCLA's Department of Economics. "We found that a relapse isn't likely unless lawmakers gum up a recovery with ill-conceived stimulus policies."

In an article in the August issue of the Journal of Political Economy, Ohanian and Cole blame specific anti-competition and pro-labor measures that Roosevelt promoted and signed into law June 16, 1933.

"President Roosevelt believed that excessive competition was responsible for the Depression by reducing prices and wages, and by extension reducing employment and demand for goods and services," said Cole, also a UCLA professor of economics. "So he came up with a recovery package that would be unimaginable today, allowing businesses in every industry to collude without the threat of antitrust prosecution and workers to demand salaries about 25 percent above where they ought to have been, given market forces. The economy was poised for a beautiful recovery, but that recovery was stalled by these misguided policies."

Using data collected in 1929 by the Conference Board and the Bureau of Labor Statistics, Cole and Ohanian were able to establish average wages and prices across a range of industries just prior to the Depression. By adjusting for annual increases in productivity, they were able to use the 1929 benchmark to figure out what prices and wages would have been during every year of the Depression had Roosevelt's policies not gone into effect. They then compared those figures with actual prices and wages as reflected in the Conference Board data.

In the three years following the implementation of Roosevelt's policies, wages in 11 key industries averaged 25 percent higher than they otherwise would have done, the economists calculate. But unemployment was also 25 percent higher than it should have been, given gains in productivity.

Meanwhile, prices across 19 industries averaged 23 percent above where they should have been, given the state of the economy. With goods and services that much harder for consumers to afford, demand stalled and the gross national product floundered at 27 percent below where it otherwise might have been.

"High wages and high prices in an economic slump run contrary to everything we know about market forces in economic downturns," Ohanian said. "As we've seen in the past several years, salaries and prices fall when unemployment is high. By artificially inflating both, the New Deal policies short-circuited the market's self-correcting forces."

The policies were contained in the National Industrial Recovery Act (NIRA), which exempted industries from antitrust prosecution if they agreed to enter into collective bargaining agreements that significantly raised wages. Because protection from antitrust prosecution all but ensured higher prices for goods and services, a wide range of industries took the bait, Cole and Ohanian found. By 1934 more than 500 industries, which accounted for nearly 80 percent of private, non-agricultural employment, had entered into the collective bargaining agreements called for under NIRA.

Cole and Ohanian calculate that NIRA and its aftermath account for 60 percent of the weak recovery. Without the policies, they contend that the Depression would have ended in 1936 instead of the year when they believe the slump actually ended: 1943.

Roosevelt's role in lifting the nation out of the Great Depression has been so revered that Time magazine readers cited it in 1999 when naming him the 20th century's second-most influential figure.

"This is exciting and valuable research," said Robert E. Lucas Jr., the 1995 Nobel Laureate in economics, and the John Dewey Distinguished Service Professor of Economics at the University of Chicago. "The prevention and cure of depressions is a central mission of macroeconomics, and if we can't understand what happened in the 1930s, how can we be sure it won't happen again?"

NIRA's role in prolonging the Depression has not been more closely scrutinized because the Supreme Court declared the act unconstitutional within two years of its passage.

"Historians have assumed that the policies didn't have an impact because they were too short-lived, but the proof is in the pudding," Ohanian said. "We show that they really did artificially inflate wages and prices."

FDR's policies prolonged Depression by 7 years, UCLA economists calculate / UCLA Newsroom

 

[Stephanie]

"Obamanomics has produced the weakest, most anemic recovery since the 1930s, when another generation’s big-government planners turned their great recession into the Great Depression. To be fair, President George W. Bush certainly did not give the best economic handoff - he too was addicted to spending - but to be clear, President Obama has unarguably fumbled the ball. He has, to borrow his own phrase, put his “boot on the neck” of American businesses with his increased taxes and regulatory burden; he has grown government with his wildly increased spending and outright take-overs; and he has weakened the dollar with his “quantitative easing” printing press.

The devastation caused by Obamanomics is now undeniable. According to Investors Business Daily, 2 million net private-sector jobs have been lost; unemployment has increased by 1.5 percentage points; long-term unemployment is the worst ever on record; the dollar is 12 percent weaker; the number of Americans on food stamps has increased by 37 percent; the Misery Index (unemployment plus inflation) has increased by 62 percent; and the national debt has exploded by an alarming 40 percent. Mr. Obama is on pace to saddle America with more job-killing debt than all the first 43 presidents - combined.

Almost a century ago, Presidents Herbert Hoover and Franklin D. Roosevelt converted a great recession into the Great Depression with their big-government schemes. Similarly today, Mr. Obama has turned our Great Recession into the Obama Depression with his own - now old, tired and discredited - big-government schemes. Meanwhile, Mr. Obama cannot see the obvious lessons of the German Miracle: Unleash the free market, unshackle entrepreneurs and workers from big-government controls and we, the free people of the United States, can rescue our economy and create our own 21st century American Miracle."
WOLF: 'German Miracle' Barack Obama doesn't see - Washington Times
(emphasis mine)


We warned you....you wouldn't listen.
Now, let's see if can learn from your mistakes.

Obama has raised $27 million in one quarter. More than all of the Republican candidates combined. Looks like America still loves the president.

Maybe your lame candidates will learn a little something as well.

wow, so raising money is how you judge whether he has been good for the country?
pretty shallow.

 

[Warrior102]

Only thing I can disagree with is that we are not in a recovery.
We are in a momentary lapse of reason. And when we wake up...it will be worse than 2008.
Watch.

What will the Republicans propose to put people back to work? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?

A new President