The Misinformation about the two major criticisms of Obama

Discussion in 'Politics' started by Billy000, Jan 26, 2012.

  1. Billy000
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    Billy000 Democratic Socialist

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    ECONOMIC WOES

    We have had 22 months of private sector job growth. A factor for that is the success of Obama's stimulus plan. And while It may be true that the unemployment rate is higher now than when Obama took office, we were losing 100,000's of more jobs per month under Bush than Obama.

    There is also no proof that Obama's policies can be directly attributed to the current unemployment rate. Take regulations, for example:

    Do regulations curtail job growth? | Decisions Based on Evidence

    Do Regulations Really Kill Jobs Overall? Not So Much - ProPublica

    Table 2. Reason for layoff: Extended mass layoff events, separations, and initial claimants for unemployment insurance, private nonfarm sector, selected quarters, 2010 and 2011

    GOVERNMENT SPENDING

    The idea that Obama is responsible for massive government spending in his term thus far is simply not true:

    The Mythical Obama Spending Binge | The New Republic

    The Truth About Who's Responsible For Our Massive Budget Deficit - Business Insider
     
    Last edited: Jan 26, 2012
  2. JoeB131
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    JoeB131 Diamond Member

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    Okay, guy, nice try.

    First, 22 months of limp growth because companies just don't want to hire unless they absolutely have to isn't a matter of pride.

    Second, Obama has presided over 6 trillion in new debt in three years. That's a terrible state of affairs.
     
  3. Truthmatters
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    Limp growth?

    what did the republicans give us last time arround?

    fully errect failure
     
  4. Claudette
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    Claudette Gold Member

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    What are you blathering about??

    UE for most of Bush's time in office was around 6%.

    It went up to around 7% his last yr in office.

    If you think this economy is doing great then you are blind, an idiot or both. Jeeze.
     
  5. Truthmatters
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    just ignore the numbers and pretend claud, Inm sure that will win you an election
     
  6. Stephanie
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    Stephanie Diamond Member Supporting Member

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    you ignore them, WE are living them..
    so it's you all who should be worried about winning elections..now have a great day.
     
  7. Claudette
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    Claudette Gold Member

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    Perhaps you are ignoring the numbers.

    The unemployment rate was 4.2% in January 2001, 4.6% in September 2006, and 7.2% in December 2008. Employment peaked in late 1999 and declined through 2008.[67]

    Thats from Wiki.

    As I said. If you think this economy is doing great you are and idiot.
     
    Last edited: Jan 26, 2012
  8. Conservative
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    Conservative Type 40

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    6.7 trillion, actually...

    US Federal Debt by Year - Charts Tables History
    Recent US Federal Debt Numbers
    Billy wouldn't know a fact if it bit his ass.
     
  9. Truthmatters
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    you forget we have tape of Bush standing in front of the American people and saying the economy is headed for a depression.

    That was BEFORE Obama was elected.
     
  10. Billy000
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    Billy000 Democratic Socialist

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    Obviously you didn't read my sources. Try reading the facts. Just because the spending was higher under Obama, it doesn't mean it was his doing.
     
    Last edited: Jan 26, 2012

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