So Obama & Democrats Assumed Economy Would Come Roaring Back By 2011? Another Lie?

Discussion in 'Politics' started by EdSchultzIsFat, Jul 19, 2011.

  1. EdSchultzIsFat
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    EdSchultzIsFat BANNED

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    :eusa_eh:

    This topic should be brought up in the media considering all that's happened with the stagnant economy. Obama borrowed a few trillion "Assuming He Was Save The Economy".
    Now did anyone actually believe that? Kinda hard to bring back the economy we had in the 90's when you flip off every small business owner in America. Oh Wait, but we all "Assumed" Obama was Jesus,and was going to save us just by "Being President". Obama ASSUMED that by him being President,all Americans will be confident once again and go out there and pour a few trillion into the economy. ANYHOW,,,,,,SEE WHAT HAPPENS WHEN YOU ASSUME??? { I wonder where Obama keeps his White House Donkey).:eek:
     
  2. EdSchultzIsFat
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    What Yobama doesn't know is that no one wants to spend their disposable income, and businesses wont hire until He and Michele are shown the door in 2013.
     
  3. kiwiman127
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    kiwiman127 Comfortably Moderate Supporting Member

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    A "lie" is going overboard,,,,a "miscalculation" would be more accurate.
     
  4. EdSchultzIsFat
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    EdSchultzIsFat BANNED

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    right, Obama has been trying to convince us that things are getting better each month! he has been creating 100,000-250,000 jobs a month. Well, we don't see any evidence of that here in Florida!
     
  5. EdSchultzIsFat
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    I can't wait for the 2012 State Of The Union Address. Whats Obama Gonna say? it's his last chance to tell 300 Million Americans that THE RECESSION IS OVER !!! (and make it seem convincable?)
     
  6. Wry Catcher
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    Wry Catcher Platinum Member

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    Bush&Co assumed Iraq had WMD's and was a threat to our country; Cheney assumed oil revenues would pay for the military incursion and Rumsfeld was sure the war would be over in months and the Iraq people would greet our troops as liberators.

    Governance isn't an exact science, suggesting Obama lied is reprehensible.
     
  7. Antiderivative
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    Antiderivative BANNED

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    It looks like Mankiw was right about his unit root hypothesis.
    Greg Mankiw's Blog: Team Obama on the Unit Root Hypothesis

    As Valerie Cerra and Sweta Chaman Saxena pointed out in their paper.

    Abstract: Using panel data for a large set of high-income, emerging market, developing, and transition countries, we find robust evidence that the large output loss from financial crises and some types of political crises is highly persistent. The results on financial crises are also highly robust to the assumption on exogeneity. Moreover, we find strong evidence of growth over optimism before financial crises. We also find a distinction between the output impact of civil wars versus other crises, in that there is a partial output rebound for civil wars but no significant rebound for financial crises or the other political crises.
    AEAweb Journal Articles Display
     
  8. EdSchultzIsFat
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    EdSchultzIsFat BANNED

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    oh, I knew from the start of the 2003 Iraq war was gonna be the start of the end of prosperity, but Obama has made it worse.How can you borrow 4 trillion dollars, and assume u will pay it back when the economy comes back? I will admit that if Bush had just left Iraq alone, things would be alot better now.
     
  9. hellofromwarsaw
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    MORE proof Foxbots no longer know what a lie IS... Pub dupes!!
     
  10. Nic_Driver
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    Nic_Driver Active Member

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    Did Obama or any Democrat ever claim the economy "Would Come Roaring Back By 2011"?

    Can you please post the link to the article with that statment in it please?
     

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