What Obama Inherited: The greatest nation the world has ever seen

[Unkotare]

great nations dont make the nation by slaughtering the native population, and forcefully occupying their lands. great nations are not built by slaves kidnapped from Africa, and then the white people take all the credit. the funniest thing about america to me, is how the white people always claim that hispanics, and blacks are the lazy ones, yet the hispanics and the blacks are the ones out in the fields doing real work, not sitting around trolling forums for cash, or trading derivatives. great nations dont set up military bases around the world to threaten, and destabilise competitors. great nations dont hold fraudulent elections. great nations dont sponsor teror. great nations dont sponsor rogue states (ie israel). great nations dont traffic drugs. great nations dont use depleted uranium, white phosphorous on innocent civilians. great nations dont hire trolls to promote propaganda. great nations dont have to call themselves great nations, "democratic" or the "freest country in the world", because everyone would already know it, unless of course, they were NOT really all that great

I guess that fills your quota of fucking stupid comments for the month, you ignorant little turd.

 

[Unkotare]

Obviously they don't, because what should have been the natural reaction was a resounding cry to return to Glass-Steagall. That didn't happen. What happened was the "loyal" oppositions has been doing their very best to keep "casino rules" in place.

It's astonishing.

The need for a return to Glass-Steagall or something similar is so clear, and has been so ignored, that I have to think something nasty is going on. No excuse for this.

.

Well it's no big secret. Michael Moore's made several films about it. .

"Michael Moore's made several films about it"...

...hahahahHAHAHAHAAHhahahahahahHhahahahahahaHAHAHAHAAhhahaaaa!!!!!!!!!!


It seems you finally swallowed too much, Swallow.

 

[Seawytch]

The President of the United States said:

"The problems we inherited were far worse than most inside and out of government had expected; the recession was deeper than most inside and out of government had predicted. Curing those problems has taken more time and a higher toll than any of us wanted." ~ President Ronald Reagan on January 25th, 1983

Oh my...isn't that inconvenient.

I hear Reagan raised taxes...

I guess he never signed a pledge to Grover Norquist. We can, however, blame Ronald Reagan FOR Grover fucking Norquist.

Grover Norquist: The Billionaires' Best Friend

 

[Lovebears65]

You do realize Reagan tripled the debt to achieve his economic miracle?

Not to mention the attendant debt ceiling raises. Which, by the way, nobody sobbed out loud (while looking like a Cheeto) about making cuts to match.

1. $985 billion in February 1981;
2. $999.8 billion in September 1981;
3. $1.0798 trillion September 1981;
4. $1.1431 trillion in June 1982;
5. $1.2902 trillion in September 1982;
6. $1.389 trillion in May 1993;
7. $1.49 trillion in November 1983;
8. $1.52 trillion in May 1984;
9. $1.573 trillion in July 1984;
10. $1.8238 trillion in October 1984;
11. $1.9038 trillion in November 1985;
12. $2.0787 trillion in December 1985;
13. $2.111 trillion in August 1986;
14. $2.3 trillion in October 1986;
15. $2.32 trillion in July 1987;
16. $2.352 trillion in August 1987;
17. and $2.8 trillion in September 1987.

Debt Ceiling - Under Modern U.S. Presidents

and how much has Obama done in his 3 short years.

 

[Truthmatters]

the right just refuses to accept the responsibility for the FUCKED up policies of theirs that harmed us and the rest of the world so much,


They fuck it to hell and then whine for the rest of their lives because peopel never forget that the republican fucked it to hell.


Gee whos the fucking whiner there?


CONS

 

[Mac1958]

I guess he never signed a pledge to Grover Norquist. We can, however, blame Ronald Reagan FOR Grover fucking Norquist.

I'll bet Obama has fond hopes of seeing Norquist shoving "pledges" in Romney's face on the campaign trail.


.

 

[Truthmatters]

your party fucked up the world economy.

You trashed it.

You took a good economy and peacetime and FUCKED EVERYTHING TO HELL!

then you had to use Kensyean policy to fix it.

NOW you want everyone to just forget you fucked it all to hell.

Heres my answer.

NEVER NEVER FORGET HISTORY.


Your stuck for life and beyond with the Facts you created with your historically failed ideas.


Live with the mess you created FOREVER!

 

[Truthmatters]

I guess he never signed a pledge to Grover Norquist. We can, however, blame Ronald Reagan FOR Grover fucking Norquist.

I'll bet Obama has fond hopes of seeing Norquist shoving "pledges" in Romney's face on the campaign trail.


.

He already signed the pledge

 

[Gremlin-USA]

An economy losing 770,000 jobs a month
The worst recession in 70 years
Two wars
AlQaida still on the prowl
Gitmo filled with suspected terrorists who can't be tried
An America with it's global reputation in tatters.......Americans torture?
Collapsing auto and financial sectors
34 million Americans without affordable healthcare


How about I go into the America that Bush and the Republicans inherited?

Reagan inherited a worse situation from Carter and he turned it around in a few years.

The following is from: I inherited a mess from Bush, just like Reagan from Carter [ArthurK]
In his regular NRO feature "Today’s Questions for the President" Peter Kirsanow looks at Obama's "blame Bush" and "I'm like Reagan" theme.

Here are the best parts - read the whole thing.

Reagan "inherited" a GDP rate of -3.2 percent. You inherited a GDP rate of -4.9 percent. Two and a half years after Reagan took office, however, GDP was at 5.1 percent (and exploded to 9.3 percent the next quarter). Two and a half years after you took office GDP growth is at 1.3 percent (and as likely to implode as explode next quarter).
Reagan inherited an inflation rate of 11.8 percent. You inherited an inflation rate of 0.3 percent. Two and a half years after Reagan took office inflation shrank to 2.46 percent. Two and a half years after you took office inflation has risen to 3.56 percent.

He forgot to add the Volcker factor. Reagan relied upon him as head of the Fed. Obama used Volcker's name and ignored him otherwise.

... Reagan inherited a national debt (adjusted for inflation) of $908 billion. You inherited a national debt of $10.1 trillion. Two and a half years after Reagan took office, $390 billion more had been added to the national debt. Two and a half years after you took office $4.4 trillion more has been added to the national debt.
Percentage-wise, that's about the same increase. But Reagan's additional debt was 6.4% of GDP, Obama's extra debt is 33.1% of GDP. Today's debt is a bigger problem than 1980s era debt because there's so much more of it.

(inflation adj. gdp numbers
1983 Q2 $6,072
2011 Q2 $13,270)

Reagan inherited an unemployment rate of 7.5 percent. You inherited an unemployment rate of 7.3 percent. Two and a half years after Reagan took office the unemployment rate was 9.4 percent, but fell to 7.6 percent within a few months and declined steadily thereafter to 5.3 percent. Two and a half years after you took office the unemployment rate is 9.2 percent. To fall to 7.6 percent by the end of this year, however, more than 1,000,000 jobs per month would need to be created. Only 18,000 were created in June; 25,000 in May.
Reagan slashed tax rates, encouraged American entrepreneurship, and didn’t complain incessantly about the mess he inherited. Will you ever do the same?

You do realize Reagan tripled the debt to achieve his economic miracle?

and how much has Obama increased our debt with no significant increase in Jobs, more people on welfare, more people who have lost homes, more people when they did find a Job had a 30-50% reduction in pay?

 

[rightwinger]

Reagan inherited a worse situation from Carter and he turned it around in a few years.

The following is from: I inherited a mess from Bush, just like Reagan from Carter [ArthurK]
In his regular NRO feature "Today’s Questions for the President" Peter Kirsanow looks at Obama's "blame Bush" and "I'm like Reagan" theme.

Here are the best parts - read the whole thing.

Reagan "inherited" a GDP rate of -3.2 percent. You inherited a GDP rate of -4.9 percent. Two and a half years after Reagan took office, however, GDP was at 5.1 percent (and exploded to 9.3 percent the next quarter). Two and a half years after you took office GDP growth is at 1.3 percent (and as likely to implode as explode next quarter).
Reagan inherited an inflation rate of 11.8 percent. You inherited an inflation rate of 0.3 percent. Two and a half years after Reagan took office inflation shrank to 2.46 percent. Two and a half years after you took office inflation has risen to 3.56 percent.

He forgot to add the Volcker factor. Reagan relied upon him as head of the Fed. Obama used Volcker's name and ignored him otherwise.

... Reagan inherited a national debt (adjusted for inflation) of $908 billion. You inherited a national debt of $10.1 trillion. Two and a half years after Reagan took office, $390 billion more had been added to the national debt. Two and a half years after you took office $4.4 trillion more has been added to the national debt.
Percentage-wise, that's about the same increase. But Reagan's additional debt was 6.4% of GDP, Obama's extra debt is 33.1% of GDP. Today's debt is a bigger problem than 1980s era debt because there's so much more of it.

(inflation adj. gdp numbers
1983 Q2 $6,072
2011 Q2 $13,270)

Reagan inherited an unemployment rate of 7.5 percent. You inherited an unemployment rate of 7.3 percent. Two and a half years after Reagan took office the unemployment rate was 9.4 percent, but fell to 7.6 percent within a few months and declined steadily thereafter to 5.3 percent. Two and a half years after you took office the unemployment rate is 9.2 percent. To fall to 7.6 percent by the end of this year, however, more than 1,000,000 jobs per month would need to be created. Only 18,000 were created in June; 25,000 in May.
Reagan slashed tax rates, encouraged American entrepreneurship, and didn’t complain incessantly about the mess he inherited. Will you ever do the same?

You do realize Reagan tripled the debt to achieve his economic miracle?

and how much has Obama increased our debt with no significant increase in Jobs, more people on welfare, more people who have lost homes, more people when they did find a Job had a 30-50% reduction in pay?

The Republican economy that Obama was given was losing 770,000 jobs a month. The economy has been averaging 200,000 new jobs a month. That's a swing of almost a million jobs a month over what the Republicans gave us

 

[rdean]

What Obama Inherited: The greatest nation the world has ever seen.

True.

He also inherited a radical rightwing establishment hell-bent on destroying this great Nation for perceived political gain.

Obama begged for the job. Let's not forget that.

He should have looked into Reagan's 4-point plan if he truly wanted America to recover. Reagan's plan created over 20 million jobs.


1. Cut tax ratesto restore incentives for economic growth, which was implemented first with a reduction in the top income tax rate of 70% down to 50%, and then a 25% across-the-board reduction in income tax rates for everyone. The 1986 tax reform then reduced tax rates further, leaving just two rates, 28% and 15%.

2. Spending reductions, including a $31 billion cut in spending in 1981, close to 5% of the federal budget then, or the equivalent of about $175 billion in spending cuts for the year today. In constant dollars, nondefense discretionary spending declined by 14.4% from 1981 to 1982, and by 16.8% from 1981 to 1983. Moreover, in constant dollars, this nondefense discretionary spending never returned to its 1981 level for the rest of Reagan’s two terms! Even with the Reagan defense buildup, which won the Cold War without firing a shot, total federal spending declined from a high of 23.5% of GDP in 1983 to 21.3% in 1988 and 21.2% in 1989. That’s a real reduction in the size of government relative to the economy of 10%.

3. Anti-inflation monetary policy restraining money supply growth compared to demand, to maintain a stronger, more stable dollar value.

4. Deregulation, which saved consumers an estimated $100 billion per year in lower prices. Reagan’s first executive order, in fact, eliminated price controls on oil and natural gas. Production soared, and aided by a strong dollar the price of oil declined by more than 50%.

Reaganomics Vs. Obamanomics: Facts And Figures - Forbes

Begged? Obama begged? Highly unlikely. Sounds more like Romney or Bush.

 

[Truthmatters]

Tell me why new cons coming into office are not signing the Grover Norquist pledge?

 

[Ernie S.]

I'm a retired teacher, moron. Aren't you tired of embarassing yourself, Pubtroll? LOL

Retired, or fired?
If you were, in fact a teacher, that explains why our educational system is so fucked up.

 

[The T]

I'm a retired teacher, moron. Aren't you tired of embarassing yourself, Pubtroll? LOL

Retired, or fired?
If you were, in fact a teacher, that explains why our educational system is so fucked up.

No kidding.

 

[BDBoop]

You do realize Reagan tripled the debt to achieve his economic miracle?

Not to mention the attendant debt ceiling raises. Which, by the way, nobody sobbed out loud (while looking like a Cheeto) about making cuts to match.

1. $985 billion in February 1981;
2. $999.8 billion in September 1981;
3. $1.0798 trillion September 1981;
4. $1.1431 trillion in June 1982;
5. $1.2902 trillion in September 1982;
6. $1.389 trillion in May 1993;
7. $1.49 trillion in November 1983;
8. $1.52 trillion in May 1984;
9. $1.573 trillion in July 1984;
10. $1.8238 trillion in October 1984;
11. $1.9038 trillion in November 1985;
12. $2.0787 trillion in December 1985;
13. $2.111 trillion in August 1986;
14. $2.3 trillion in October 1986;
15. $2.32 trillion in July 1987;
16. $2.352 trillion in August 1987;
17. and $2.8 trillion in September 1987.

Debt Ceiling - Under Modern U.S. Presidents

and how much has Obama done in his 3 short years.

And what shape was America in.

Christ on a crutch, but you're a dense one.

 

[BDBoop]

I guess he never signed a pledge to Grover Norquist. We can, however, blame Ronald Reagan FOR Grover fucking Norquist.

I'll bet Obama has fond hopes of seeing Norquist shoving "pledges" in Romney's face on the campaign trail.


.

Oh, yeah.

This is such fun.

 

[BDBoop]

The President of the United States said:

"The problems we inherited were far worse than most inside and out of government had expected; the recession was deeper than most inside and out of government had predicted. Curing those problems has taken more time and a higher toll than any of us wanted." ~ President Ronald Reagan on January 25th, 1983

Oh my...isn't that inconvenient.

I hear Reagan raised taxes...

I guess he never signed a pledge to Grover Norquist. We can, however, blame Ronald Reagan FOR Grover fucking Norquist.

Grover Norquist: The Billionaires' Best Friend

From the link;

Today, GOP politicians who have signed Norquist's anti-tax pledge include every top Republican running for president, 13 governors, 1,300 state lawmakers, 40 of the 47 Republicans in the Senate, and 236 of the 242 Republicans in the House. What's more, the GOP's Tea Party foot soldiers are marshaled by House Majority Leader Eric Cantor – a veteran of Norquist's farm team, who first signed the pledge as an ambitious member of the Virginia legislature. Under Cantor's leadership, Norquist's anti-tax pledge was directly responsible for last summer's debt-ceiling standoff that wrecked the nation's credit rating by leading the nation to the brink of default. "Congress was willing to cause severe economic damage to the entire population," marvels Paul O'Neill, Bush's former Treasury secretary, "simply because they were slaves to an idiot's idea of how the world works."

And? Boehner already announced they will do it again.

 

[rdean]

Not to mention the attendant debt ceiling raises. Which, by the way, nobody sobbed out loud (while looking like a Cheeto) about making cuts to match.

1. $985 billion in February 1981;
2. $999.8 billion in September 1981;
3. $1.0798 trillion September 1981;
4. $1.1431 trillion in June 1982;
5. $1.2902 trillion in September 1982;
6. $1.389 trillion in May 1993;
7. $1.49 trillion in November 1983;
8. $1.52 trillion in May 1984;
9. $1.573 trillion in July 1984;
10. $1.8238 trillion in October 1984;
11. $1.9038 trillion in November 1985;
12. $2.0787 trillion in December 1985;
13. $2.111 trillion in August 1986;
14. $2.3 trillion in October 1986;
15. $2.32 trillion in July 1987;
16. $2.352 trillion in August 1987;
17. and $2.8 trillion in September 1987.

Debt Ceiling - Under Modern U.S. Presidents

and how much has Obama done in his 3 short years.

And what shape was America in.

Christ on a crutch, but you're a dense one.

Not only that, more than 40,000 Americans were maimed in Iraq. This country has to pay for them for decades. Modern medicine is expensive. The cost could be trillions. Republicans did that. No way around it. They put this country on the road to disaster for decades. No one can fix their mess in a few years. The damage they have done to this country is enormous. Helped move jobs, closed factories. Slashed education. Created tens of thousand of dependent maimed.

And their only response is "Democrats helped". No, when Republicans used Bin Laden, who they let go, as a switch, you are with us or with the terrorists, Democrats were blackmailed. So sleazy. So very sleazy.