Unmasking obama, part II: ECONOMIC FAILURE

[bigrebnc1775]

Yes, and you feel that way because you're a god damned moron.

As I said
You may think I am a moron that’s your opinion but you have yet to show proof that I am one. Saying I am doesn't mean a damn thing bitch it's up to you to prove it son of a bitch

Unlike you I am not a partisan political hack. I just hate liberals and progressives communist socialist

Dude, you prove you're a moron every time you post.

And here we have the one and only USMB whipping bitch, the one I have defended in the past. your opinion is meaning less
I have heard about your less than stellar beginnings here. so shut the fuck up.

 

[rightwinger]

As I said
You may think I am a moron that’s your opinion but you have yet to show proof that I am one. Saying I am doesn't mean a damn thing bitch it's up to you to prove it son of a bitch

Unlike you I am not a partisan political hack. I just hate liberals and progressives communist socialist

Dude, you prove you're a moron every time you post.

And here we have the one and only USMB whipping bitch, the one I have defended in the past. your opinion is meaning less
I have heard about your less than stellar beginnings here. so shut the fuck up.

Fine words coming from our resident racist

 

[bigrebnc1775]

Dude, you prove you're a moron every time you post.

And here we have the one and only USMB whipping bitch, the one I have defended in the past. your opinion is meaning less
I have heard about your less than stellar beginnings here. so shut the fuck up.

Fine words coming from our resident racist

Just because I called starkey a white ****** does not make me a racist. Starkey is what he is because how he lives. starkeys words and actions make him a white ******. Me calling him that does not make me a racist.

For me to be a racist I would have to judge him by the color of his skin. Since starkey is white and I am white starkey is a white ******.
So shut the fuck up bitch or are you also going to be the next white ****** on my list?

 

[rightwinger]

And here we have the one and only USMB whipping bitch, the one I have defended in the past. your opinion is meaning less
I have heard about your less than stellar beginnings here. so shut the fuck up.

Fine words coming from our resident racist

Just because I called starkey a white ****** does not make me a racist. Starkey is what he is because how he lives. starkeys words and actions make him a white ******. Me calling him that does not make me a racist.

For me to be a racist I would have to judge him by the color of his skin. Since starkey is white and I am white starkey is a white ******.
So shut the fuck up bitch or are you also going to be the next white ****** on my list?

I'm afraid it does

 

[midcan5]

Too much TV you think? It reminds me of a Godzilla movie and has even less credibility. Obama's administration did not start with a surplus and a healthy economy, he started, much as FDR did with the failed policies of the republican party. The trouble today is we have the contented class who love war spending but hate spending for America. An odd variety of wingnut. Why does no one ever mention our war spending as it overshadows all else? Iraq illegal invasion ends on a large question mark and an incredible waste of human life and people look at nonsense like this video. Never underestimate the shallowness of people.

The Federal Pie Chart

 

[DiamondDave]

Before Obama- Stock Market lost 7500 points
Since Obama- Market has regained 4500 points

Before Obama- GDP was negative 5 of last 6 quarters
Since Obama- GDP positive 4 straight quarters

Before Obama- Auto and Financial Industry collapsing
After Obama- Auto and Financial industry saved

Before Obama- Economy losing 700,000 jobs a month
After Obama- Positive job growth


Should I go on?

Oh! Government sold it's shares of GM for a profit? Sweet!

The economy is beginning to grow despite Obama not because of Obama.

Wrongwinger will try and claim that.. even though it is not the truth... GM would have to hit a price something around $140 a share for the government to even break even.... something not likely to happen

 

[DiamondDave]

Do you have any concept of what $17.5 trillion in lost wealth under Bush means? Thats more than the entire deficit, more than our annual GDP....vanished under GOP policies

That $17.5 trillion was peoples homes, life savings, retirement that dried up under Bush. Thankfully, under Obama's policies we have regained $9 trillion of that

Do you remember that poat you made bragging about the 1.7 GDP growth under obamas watch?

Positive GROWTH in GDP yes

Considering the massive GDP LOSS we saw under Bush, it is a positive trend. It is the same as showing a profit in your business rather than a loss.

And we LOST $17.5 trillion in our personal wealth under Bush policies

No... no DEM congress policies

And lord knows that all of our GDP is totally hinging on the governmental action and nothing goes on the actions of the private market

Your hackery bullshit is old, wrongwinger

 

[DiamondDave]

Hey Reb..


Don't you have to be in negative territory before you start claiming a dip?

Like your OP propaganda........pure bullshit

Dude we are in negative territory compared to what we were at in 2006 When the democrats took control. Even though we are in the positive growth slow growth to almost no growth is a recipe for a double dip.

Yes before Bush lost $17.5 Trillion in US Personal wealth

Republican President / Democrat Congress = US lost money

Democrat President/ Democrat Congress= Economy recovered

Just shows we can't have Republicans in control of anything. As soon as we got rid of them...the economy reversed

Yep.. my oldest started Middle School in 2006... and High school after the so called recovery... that damn middle school was the cause of it all

Seriously... try and focus on causation instead of coincidence

 

[Old Rocks]

Damn, you gotta love it when the resident rednecks start screaming about that 'Democratic control' of Congress after 2006. They did have a slight majority, but not enough to override a veto from President Bush. And certainly not enough power to get anything past the Senate.

No, the failures from 2001 to 2009 belong completely to the Republicans. Two failed wars, and almost the Second Great Republican Depression.

Now if the Repukes win back power in the House and Senate, we can probably look forward to a replay of the fall of 2008. One thing they have proved is their absolute ability to totally screw up the economy.

 

[rightwinger]

Dude we are in negative territory compared to what we were at in 2006 When the democrats took control. Even though we are in the positive growth slow growth to almost no growth is a recipe for a double dip.

Yes before Bush lost $17.5 Trillion in US Personal wealth

Republican President / Democrat Congress = US lost money

Democrat President/ Democrat Congress= Economy recovered

Just shows we can't have Republicans in control of anything. As soon as we got rid of them...the economy reversed

Yep.. my oldest started Middle School in 2006... and High school after the so called recovery... that damn middle school was the cause of it all

Seriously... try and focus on causation instead of coincidence

The Republicans fucking up the economy was a "coincidence"???

First I have heard that one

 

[Conspiracist]

Damn, you gotta love it when the resident rednecks start screaming about that 'Democratic control' of Congress after 2006. They did have a slight majority, but not enough to override a veto from President Bush. And certainly not enough power to get anything past the Senate.

No, the failures from 2001 to 2009 belong completely to the Republicans. Two failed wars, and almost the Second Great Republican Depression.

Now if the Repukes win back power in the House and Senate, we can probably look forward to a replay of the fall of 2008. One thing they have proved is their absolute ability to totally screw up the economy.

Because it is fact and also marks the rise of out of control deficit spending under Bush. What is wrong with pointing that out? Is it wrong? is it not factual? And how do you know who here are rednecks? I'll start calling you a retard.... That work?

 

[DiamondDave]

Yes before Bush lost $17.5 Trillion in US Personal wealth

Republican President / Democrat Congress = US lost money

Democrat President/ Democrat Congress= Economy recovered

Just shows we can't have Republicans in control of anything. As soon as we got rid of them...the economy reversed

Yep.. my oldest started Middle School in 2006... and High school after the so called recovery... that damn middle school was the cause of it all

Seriously... try and focus on causation instead of coincidence

The Republicans fucking up the economy was a "coincidence"???

First I have heard that one

No politician, DEM or REP, is entirely responsible for the overall status of the private economy... many actions can hurt or help in varying degrees, but the economy can grow under bad politicians with bad governmental economic policy, and the economy can falter under good politicians with good economic policies... there are MANY more factors than the government

Unless you live in a blind world of hyper-partisan hackery, like you do

 

[editec]

Yes...losing $17.5 Trillion in personal wealth under George Bush will do that. Can you imagine a single president allowing Americans to lose $17.5 trillion dollars and doing nothing about it? Thats $17.5 Trillion on top of the $5 Trillion Bush added to the deficit.

Obama borrowed less than a trillion dollars for the stimulus with the result being an increase of $9 trillion in wealth and 3 million new jobs.

Bush borrowed $5 Trillion with the result being a loss of $17.5 Trillion

And some idiots actually want to give Republicans control again???

If I was you I would not be bragging about that 1.7 percent crap anymore

I notice one thing from the link that right winger and doctor spin keep praising. The 1.7 GDP growth.
Actually that not a good thing becasue the growth should be more than that and from your link

The U.S. economy grew at a 1.7 percent annual rate in the second quarter, marking the start of a slowdown in growth that has concerned the Federal Reserve.

Do you have any concept of what $17.5 trillion in lost wealth under Bush means? Thats more than the entire deficit, more than our annual GDP....vanished under GOP policies

I do.

Total household assets are now about $52 trillion. (source_

So the RE collapse and stock market crash cost the aggregate household assets of the USA about 18% of its total assets.

That $17.5 trillion was peoples homes, life savings, retirement that dried up under Bush. Thankfully, under Obama's policies we have regained $10 trillion of that

Yup.

Of course the argument might be made that the real estate prices were inflated, but that still means that PEOPLE lost ground.

Throw in the trillions that the working classes lost in their 401ks and so forth, and the DEFLATIONARY depression we're having is very easy to understand.

People FEEL poorer, ergo they don't spend money.