My opinion isn't "informed"? Why...because I don't agree with yours? Come on, Billy...I think we both know at this point that I am informed. I'm a bit of a political "wonk". It's a subject that I find interesting and I follow quite closely. Please don't make the mistake of assuming anyone who doesn't agree with you is ignorant.
So you don't think Obama's impeded economic progress? Fine, let's look at his record then...
When he initially took office what did he make his number one priority for year one? Can we agree that it was ObamaCare? Let's be honest here...the economy was put on a back burner by the Obama White House while they made an all out push for health care reform. It wasn't until the unemployment numbers had been stuck over 9% for the longest period since the Great Depression and ObamaCare had been passed that his focus turned to the economy. So tell me...do you think ObamaCare hurt or helped the economy? I'm sorry but you'll be hard pressed to find anyone who thinks ObamaCare is going to create jobs or grow the economy. It's another unfunded entitlement program that will suck capital OUT of the system.
Let's see...what else had Obama been pushing for his first year? Cap & Trade legislation and Card Check legislation? He backed off on both issues BECAUSE the economy was so bad and moderate Democrats wouldn't support them because they were "jobs killers".
Now he did pass a "stimulus" package. The question is...did the Obama Stimulus do more to help the overall economy and lower unemployment or was it more of a payback to core Obama supporters in the 2008 elections? Well, we know that it gave a lot of money to "green energy" companies that were staunch supporters of the President. We also know that money given to "green industry" hasn't paid off well in jobs created. He also gave a lot of money to keep public sector workers employed...especially teachers. So did that help the overall economy as much as pumping that money into the private sector? You be the judge...the stimulus money has run out and now we're being told that State and local public sector people are in danger of being laid off again if we don't pony up an additional stimulus package. How did the stimulus "work" if we have to keep repeating it over and over while the economy limps along at an anemic 1% growth rate and unemployment stays over 9%?
I'm curious, Billy...are you familiar with how the economy normally reacts following a recession? If you look at the economic history of the country I think you'd find that the US economy tends to bounce back rather strongly following a depression. Yet we're not seeing that after three years of Obama economic policy. So at what point does it become obvious that we aren't getting the normal bounce because of policy that's affecting growth?
This post is so full of fluff.
You and I know both know that you are twisting my words. I never said you didn't have an informed opinion in general, I said that you did not have an informed opinion about PolitiFact.
We have already had this discussion about the affect the stimulus had. There is no denying that it was positive. It created 2.5 million jobs and saved even more.
You are wrong about the green sector. To my understanding about 25 billion of the simulus money went to the "Green sector". Already we have seen close to 300,000 jobs already created, with a projection at 5 million green jobs to be created by 2019. I am not sure how much money went to the education sector, but about 115,000 teaching jobs have been created. I'm not sure how many government jobs were created in total, but I doubt the number is close to the amount of private jobs created.
I'm still not convinced Obama's policies have directly increased the unemployment rate. The cap and trade issue is irrelevant considering Obama never got it through in the first place.
And if stimulus packages are not the answer, then what is exactly? You tell me (and Obama): What's the key to jump starting the economy? Don't you say tax breaks for the wealthy because you would be wrong.
You say my post was "fluff"? Fine, lets see if your post has any "substance" to it.
First of all...you've failed to maintain the "jobs created or saved" facade, Billy. Come on...you don't actually expect us to believe that 115,000 teaching jobs were created? You know that isn't the case...those were jobs that were "saved"...that whole new category invented by this Administration to put a better face on failure.
Now let's take your claim that 300,000 jobs have been created in the Green Sector. Do those include the jobs at the companies like Solyndra that have already gone belly up after wasting all of our tax payer money? Here's an article from that stauch conservative news source The New York Times pointing out the shortcomings of Obama's green jobs initiatives...
http://www.nytimes.com/2011/08/19/us/19bcgreen.html?pagewanted=2&_r=3
Read that and then tell me if you're still "comfortable" making the claim that we're going to create 5 million new jobs in green industry by 2019. Let me give you a hint...when The New York Times is calling such a claim, a "pipedream" then you KNOW that it's bullshit.
You say that Cap & Trade is "irrelevant" because it was never passed? Anything that causes uncertainty in business generally results in caution being exercised. You've got a President stumping from one end of the country to the other calling for Cap & Trade to be passed with Super Majorities in Congress yet you don't think that affected decisions by businesses on whether or not to invest in new plants that would have to operate under the huge additional costs associated with that legislation?
You ask me what the "key" is to jump starting the economy? A great start would be giving business owners some certainty going forward that you aren't going to raise their taxes or impose additional costs on them in the form of new regulations. I would strongly suggest "repatriating" profits made over seas without additional taxes on them if they are used to invest in new jobs or infrastructure here. I would also suggest passing a budget so we don't have the constant threat of a governmental shutdown looming over our heads. I would suggest the President actually propose spending cuts instead of kicking that can down the road a few years or abdicating that responsibility to some Super Committee. I would also suggest that he stop using tax increases on the wealthy as a political soap box when even Christina Romer has come out and said raising taxes on ANYONE in this weak an economy isn't a fiscally sound thing to do.