We should be at 7.5% unemployment

asterism

Congress != Progress
Jul 29, 2010
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Central Florida
Remember this?

kthrp.jpg


We should be at 7.5% unemployment right now. Remember before all this "in the ditch" nonsense was created, the above chart says what the Obama Economic team said would happen. They assured us they were the best experts on the planet, and they assured us that the Stimulus plan would work.

Remember this, it didn't. Unemployment is at 9.6% and despite all the predictions, rhetoric, and excuses, it's still flat at a rate higher than what they said it would be if we agreed to their plan.

Another key thing they got wrong is the time they expected things to get better with or without the Stimulus. Early in the 4th quarter of 2010 the unemployment rate was predicted to go down with or without the Stimulus and yet it's still flat. Obviously we'll never know if it would have gone down without the Stimulus, but it's clear that they were wrong on the results and wrong on the timeline. Remember this whenever Obama and his economic team decide to change things because "we can't stay on the current course." Keep the current course and get out of the way, it's obvious he can't make things better and I propose we consider that they actually made things worse.
 
True...

But we cant blame Obama. According to him, his team of 100 top economists who knew for sure that the stimulus was a must, misread the severity of the economy.
Sure...all 100 of them misread it.
Yeah.
Right.
 
LOL,
I recall farther back than that where the experts said everything would be back to normal in 6 months, just a little adjustment.
 
LOL,
I recall farther back than that where the experts said everything would be back to normal in 6 months, just a little adjustment.

Once the campaign started, there was no way we were going to recover quickly.

All the consumer heard was "gloom and doom on the horizon"...and "the GOP took us to the brink of a recession"

They say elections have consequences...

I say campaigns have consequences.
 
Remember this?

kthrp.jpg


We should be at 7.5% unemployment right now. Remember before all this "in the ditch" nonsense was created, the above chart says what the Obama Economic team said would happen. They assured us they were the best experts on the planet, and they assured us that the Stimulus plan would work.

Remember this, it didn't. Unemployment is at 9.6% and despite all the predictions, rhetoric, and excuses, it's still flat at a rate higher than what they said it would be if we agreed to their plan.

Another key thing they got wrong is the time they expected things to get better with or without the Stimulus. Early in the 4th quarter of 2010 the unemployment rate was predicted to go down with or without the Stimulus and yet it's still flat. Obviously we'll never know if it would have gone down without the Stimulus, but it's clear that they were wrong on the results and wrong on the timeline. Remember this whenever Obama and his economic team decide to change things because "we can't stay on the current course." Keep the current course and get out of the way, it's obvious he can't make things better and I propose we consider that they actually made things worse.

That 9.6 is distributing the non-wealth ...
 
LOL,
I recall farther back than that where the experts said everything would be back to normal in 6 months, just a little adjustment.

Once the campaign started, there was no way we were going to recover quickly.

All the consumer heard was "gloom and doom on the horizon"...and "the GOP took us to the brink of a recession"

They say elections have consequences...

I say campaigns have consequences.

True to all that, but policy has consequences too.

The Stimulus not only got us more in debt, it actually made things much worse.
 
LOL,
I recall farther back than that where the experts said everything would be back to normal in 6 months, just a little adjustment.

Once the campaign started, there was no way we were going to recover quickly.

All the consumer heard was "gloom and doom on the horizon"...and "the GOP took us to the brink of a recession"

They say elections have consequences...

I say campaigns have consequences.

All actions have consequences. Past , present and future actions.
It is called personal responsibility.
 
LOL,
I recall farther back than that where the experts said everything would be back to normal in 6 months, just a little adjustment.

Once the campaign started, there was no way we were going to recover quickly.

All the consumer heard was "gloom and doom on the horizon"...and "the GOP took us to the brink of a recession"

They say elections have consequences...

I say campaigns have consequences.

True to all that, but policy has consequences too.

The Stimulus not only got us more in debt, it actually made things much worse.

NO question about it.
All it did was strengthen the base for the democrtic party.
Only a partisan fool did not see it.
 
LOL,
I recall farther back than that where the experts said everything would be back to normal in 6 months, just a little adjustment.

Once the campaign started, there was no way we were going to recover quickly.

All the consumer heard was "gloom and doom on the horizon"...and "the GOP took us to the brink of a recession"

They say elections have consequences...

I say campaigns have consequences.

True to all that, but policy has consequences too.

The Stimulus not only got us more in debt, it actually made things much worse.

You seem to be ignoring the actions in the past that created our present and will continue to impact our future.
 
Well I see the Fed is now saying the the high unemployment numbers are here to stay for quite awhile.
Gloomy Fed employment forecast overshadows upbeat GDP data
Gloomy Fed jobs forecast overshadows upward revision on U.S. economic growth - latimes.com
The artice states that the American worker is facing competition from robots, computers and foreign workers.
And as this goes on, the US trade deficit grows.
So instead of putting 100% of the blame on Obama, Free Trade is certainly to blame and of course the outsourcing of American jobs overseas.
 
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Wait we all know that it's not Obama's fault the economy hasn't recovered yet the Summer of recovery is still going on,and any day now the shovel ready jobs will kick in just in time as the weather turns nice and warm in a few weeks during the summer of recovery....
 
True...

But we cant blame Obama. According to him, his team of 100 top economists who knew for sure that the stimulus was a must, misread the severity of the economy.
Sure...all 100 of them misread it.
Yeah.
Right.



lmao...........and are you seeing what Im seeing lately? Starting to see this total crock of BS being laid down by the thousands of media people in the tank for this guy..........

"There are structural flaws in this economy that are keeping growth rates down and unemployment up!!! Nobody has the solution!!"


Expect to hear this crock of shit for the next 24 months. Heard it again on the Morning Joe show this AM on MSNBC!!! The asshole lefty from Boston.........cant remember his name now!! This is going to be the new strategy of duping the hopelessly duped.
 
Well I see the Fed is now saying the the high unemployment numbers are here to stay for quite awhile.
Gloomy Fed employment forecast overshadows upbeat GDP data
Gloomy Fed jobs forecast overshadows upward revision on U.S. economic growth - latimes.com
The artice states that the American worker is facing competition from robots, computers and foreign workers.
And as this goes on, the US trade deficit grows.
So instead of putting 100% of the blame on Obama, Free Trade is certainly to blame and of course the outsourcing of American jobs overseas.

Just what is Obama doing to keep me from outsoucing 3 jobs?
 
Well I see the Fed is now saying the the high unemployment numbers are here to stay for quite awhile.
Gloomy Fed employment forecast overshadows upbeat GDP data
Gloomy Fed jobs forecast overshadows upward revision on U.S. economic growth - latimes.com
The artice states that the American worker is facing competition from robots, computers and foreign workers.
And as this goes on, the US trade deficit grows.
So instead of putting 100% of the blame on Obama, Free Trade is certainly to blame and of course the outsourcing of American jobs overseas.

Just what is Obama doing to keep me from outsoucing 3 jobs?

Obviously, Obama can't stop you, even though he's a socialist commie.
Are you serious, you are going to outsource jobs offshore? And if so, you're on here bragging about it?
 
All it demonstrates is that the previous regime left things in a bigger mess than most people thought.



Yup.........but only those in the minority think that. If the majority thought that you wouldnt get..................


THIS......................

PH2010110301760.jpg

Oh yeh that's right....

Obama promises unemployment will not go over 8%.....when it does it's Bush's fault
Obama says it will be a summer of recovery and it's not.....It's Bush's fault...
Obama lies and says there are shovel ready jobs then admits his lie....It's Bush's fault
Biden promises there will be 500,000 jobs a month due to stimulus it didn't...Bush's fault
 
Well I see the Fed is now saying the the high unemployment numbers are here to stay for quite awhile.
Gloomy Fed employment forecast overshadows upbeat GDP data
Gloomy Fed jobs forecast overshadows upward revision on U.S. economic growth - latimes.com
The artice states that the American worker is facing competition from robots, computers and foreign workers.
And as this goes on, the US trade deficit grows.
So instead of putting 100% of the blame on Obama, Free Trade is certainly to blame and of course the outsourcing of American jobs overseas.

Just what is Obama doing to keep me from outsoucing 3 jobs?

Obviously, Obama can't stop you, even though he's a socialist commie.
Are you serious, you are going to outsource jobs offshore? And if so, you're on here bragging about it?

I didn't say I was, I asked what Obama is doing to stop me. So far all he doing is giving me every incentive to do it.
 

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