Bush tax cuts-quicker,cost less,increased employment more -funny how that works

[Neotrotsky]

Bush's May 03 tax cuts worked quicker, cost less and reduced unemployment more than Papa's Obama Pork Spending has in 6 months; 7 months, 8 months; 9 months; 10 months; 11 months - funny how that works

BLS: Labor Force Statistics from the Current Population Survey


*1.4 million jobs were added in the nine months after August 2003 (the 2003 tax cuts were signed into law in late May 2003).

*The unemployment rate remained steady at 5.6 percent in May 2004, well below its peak of 6.3 percent a year ago.

*The Treasury Department estimates that without the tax relief, as many as 1.5 million more Americans would be out of work right now, and the unemployment rate would be well over 7 percent.

Obama said with the Stimulus Bill the unemployment rate would not go over 8%.
The unemployment rate is currently at 10%.
But, Papa Obama says it's working.

 

[rightwinger]

Hell yea.......

Start two wars and pay for them with tax cuts. $5 trillion debt doesn't mean anything?

 

[Neotrotsky]

Hell yea.......

Start two wars and pay for them with tax cuts. $5 trillion debt doesn't mean anything?

Well if debt is a concern for you..........

Papa Obama tripled the national deficit in one year and nearly doubled the unemployment rate since in office.

It looks like Papa Obama is not getting too much "bang for our buck"

 

[uscitizen]

This thread is totally flacid and illogical.

 

[Wry Catcher]

Hell yea.......

Start two wars and pay for them with tax cuts. $5 trillion debt doesn't mean anything?

Well if debt is a concern for you..........

Papa Obama tripled the national deficit in one year and nearly doubled the unemployment rate since in office.

It looks like Papa Obama is not getting too much "bang for our buck"

Source of graph?

 

[Neotrotsky]

This thread is totally flacid and illogical.

Truth is the worst enemy of the left

 

[Wry Catcher]

This thread is totally flacid and illogical.

Truth is the worst enemy of the left

So post the source of the graph!

 

[rightwinger]

Papa Obama tripled the national deficit in one year and nearly doubled the unemployment rate since in office.

Care to share your math with us Neotrollski?

Unemployment rose from 7.8% to 10% How does 2.2% double the unemployment?

The deficit rose from $11 trillion to $12 trillion How does that triple the deficit?

 

[Neotrotsky]

This thread is totally flacid and illogical.

Truth is the worst enemy of the left

So post the source of the graph!

Sure, if you just used your mouse and right click you can find it

obama+deficit2.gif (image)

Gateway Pundit

So these numbers are wrong then?

 

[Neotrotsky]

Papa Obama tripled the national deficit in one year and nearly doubled the unemployment rate since in office.

Care to share your math with us Neotrollski?

Unemployment rose from 7.8% to 10% How does 2.2% double the unemployment?

The deficit rose from $11 trillion to $12 trillion How does that triple the deficit?

Use the link to the BLS- it is there

Unless of course BLS is now part of some evil Republican cabal

 

[rightwinger]

Papa Obama tripled the national deficit in one year and nearly doubled the unemployment rate since in office.

Care to share your math with us Neotrollski?

Unemployment rose from 7.8% to 10% How does 2.2% double the unemployment?

The deficit rose from $11 trillion to $12 trillion How does that triple the deficit?

Use the link to the BLS- it is there

Unless of course BLS is now part of some evil Republican cabal

Your link doesn't support your bizarre Math skills

 

[NYcarbineer]

Bush kept his disaster, the Iraq war, off budget, so all Bush numbers have to be revised when you talk about his deficits.

 

[Neotrotsky]

Care to share your math with us Neotrollski?

Unemployment rose from 7.8% to 10% How does 2.2% double the unemployment?

The deficit rose from $11 trillion to $12 trillion How does that triple the deficit?

Use the link to the BLS- it is there

Unless of course BLS is now part of some evil Republican cabal

Your link doesn't support your bizarre Math skills

Reread the op title - we are talking about the stimulus effect from 2003


UPDATE: 2006 Flashback: The 2001 George W. Bush taxcuts increased real annual GDP growth rate from 0.3 percent in 2001 to 2.5 percent in 2002. In the third quarter of 2003, GDP grew at a 7.2 percent annual rate. 1.4 million jobs were created in the nine months after August 2003.


No need to thank me

 

[Wry Catcher]

Truth is the worst enemy of the left

So post the source of the graph!

Sure, if you just used your mouse and right click you can find it

obama+deficit2.gif (image)

Gateway Pundit

So these numbers are wrong then?

No, the numbers are likely correct, the problem is the budget was the Bush budget. Obama did add to the deficit by fixing the major economic problems inherited from the Bush/GOP congress which held power (2001 - 2007) and spent like a drunken sailor without any effort to raise revenue.
So, the numbers maybe correct, but, as Mark Twain once wrote: "There are liars, damn liars and statistics".

 

[del]

Papa Obama tripled the national deficit in one year and nearly doubled the unemployment rate since in office.

Care to share your math with us Neotrollski?

Unemployment rose from 7.8% to 10% How does 2.2% double the unemployment?

The deficit rose from $11 trillion to $12 trillion How does that triple the deficit?

that's the national debt, not the deficit.

 

[Neotrotsky]

So post the source of the graph!

Sure, if you just used your mouse and right click you can find it

obama+deficit2.gif (image)

Gateway Pundit

So these numbers are wrong then?

No, the numbers are likely correct, the problem is the budget was the Bush budget. Obama did add to the deficit by fixing the major economic problems inherited from the Bush/GOP congress which held power (2001 - 2007) and spent like a drunken sailor without any effort to raise revenue.
So, the numbers maybe correct, but, as Mark Twain once wrote: "There are liars, damn liars and statistics".

Well, in October 2008, Obama, Biden, and Clinton voted in favor of the $700 billion Troubled Assets Relief Program

and Obama's $787 billion stimulus bill passed in February 09

So
Add it all up, and Obama has approved every penny that will be spent in fiscal 2009 either via his votes in the Senate or his signature as President.

 

[Wry Catcher]

Sure, if you just used your mouse and right click you can find it

obama+deficit2.gif (image)

Gateway Pundit

So these numbers are wrong then?

No, the numbers are likely correct, the problem is the budget was the Bush budget. Obama did add to the deficit by fixing the major economic problems inherited from the Bush/GOP congress which held power (2001 - 2007) and spent like a drunken sailor without any effort to raise revenue.
So, the numbers maybe correct, but, as Mark Twain once wrote: "There are liars, damn liars and statistics".

Well, in October 2008, Obama, Biden, and Clinton voted in favor of the $700 billion Troubled Assets Relief Program

and Obama's $787 billion stimulus bill passed in February 09

So
Add it all up, and Obama has approved every penny that will be spent in fiscal 2009 either via his votes in the Senate or his signature as President.

Nice spin; partisan times 10, but a good effort. Why was it necessary for "Obama, Biden and Clinton" to vote for an assests relief program (and it really only took three votes to pass)?

 

[Neotrotsky]

No, the numbers are likely correct, the problem is the budget was the Bush budget. Obama did add to the deficit by fixing the major economic problems inherited from the Bush/GOP congress which held power (2001 - 2007) and spent like a drunken sailor without any effort to raise revenue.
So, the numbers maybe correct, but, as Mark Twain once wrote: "There are liars, damn liars and statistics".

Well, in October 2008, Obama, Biden, and Clinton voted in favor of the $700 billion Troubled Assets Relief Program

and Obama's $787 billion stimulus bill passed in February 09

So
Add it all up, and Obama has approved every penny that will be spent in fiscal 2009 either via his votes in the Senate or his signature as President.

Nice spin; partisan times 10, but a good effort. Why was it necessary for "Obama, Biden and Clinton" to vote for an assests relief program (and it really only took three votes to pass)?

The three is show that "agreement" on passing it
The vote shows that he must have approved it

I prefer realist times 10

 

[rdean]

Well, in October 2008, Obama, Biden, and Clinton voted in favor of the $700 billion Troubled Assets Relief Program

and Obama's $787 billion stimulus bill passed in February 09

So
Add it all up, and Obama has approved every penny that will be spent in fiscal 2009 either via his votes in the Senate or his signature as President.

Nice spin; partisan times 10, but a good effort. Why was it necessary for "Obama, Biden and Clinton" to vote for an assests relief program (and it really only took three votes to pass)?

The three is show that "agreement" on passing it
The vote shows that he must have approved it

I prefer realist times 10

If you're a realist, please explain why Bush left the cost of both wars out of his budgets.

See, Obama refused to do that. For some, this is called a perfect example of "transparency", for others, it's called, "Uncovering Republican deceit".

If Obama suddenly spent so much money, what did he spend it on? You see, the answer is that he included the cost of both wars. That gave him an "honest" budget.

"Honest" - the dirtiest word in the Republican Vocabulary.

http://www.nytimes.com/2009/02/20/us/politics/20budget.html?_r=1

WASHINGTON — For his first annual budget next week, President Obama has banned four accounting gimmicks that President George W. Bush used to make deficit projections look smaller. The price of more honest bookkeeping: A budget that is $2.7 trillion deeper in the red over the next decade than it would otherwise appear, according to administration officials.

---------------------

Gawd, Republicains, dirty and dishonest.

 

[Annie]

Hell yea.......

Start two wars and pay for them with tax cuts. $5 trillion debt doesn't mean anything?

Well if debt is a concern for you..........

Papa Obama tripled the national deficit in one year and nearly doubled the unemployment rate since in office.

It looks like Papa Obama is not getting too much "bang for our buck"

Source of graph?

LOL! Just look at bottom of graph.