"Bush Wrecked The Economy And Obama Can't Fix It"

[Warrior102]

Most of Obama's debt was already baked into the cake when he took office.

Economists: GOP Cites Deeply Flawed CBS Report To Blame Debt On Obama | TPMDC

Wrong.

No, that's exactly right. Had Obama done nothing, the 2009 deficit would have been about a trillion dollars.

What are you smoking, dickweed ?

The Outstanding Public Debt as of 29 Aug 2011 at 12:39:35 PM GMT is:

$14,667,834,024,241.16

Why don't you pull your nose off of Obama's anus for a moment and take a whiff of reality.

 

[NYcarbineer]

Everyone wants proof, no one is willing to do any research themselves...

Check the ACTUAL income tax revenues following the years that Bush, Reagan, Kennedy And hell - even Coolidge cut taxes compared to the years before the tax cuts!

It's really that easy folks!

OF COURSE we can't cut taxes to zero & raise collections, but raising taxes in THIS economy would be a disaster.

Have fun guys - Federal State Local Government Revenue in United States 2011 - Charts Tables

Revenues fell 4 times year over year during the Bush administration. What's your point?

 

[auditor0007]

That's much closer to the truth than what we currently hear from the right, including many self-proclaimed Tea-party people/supporters.

They've kinda admitted it with their "Obama made it worse" meme, but that's still not the truth.

Bush and his cronies wrecked the economy so bad it will take a lot more than just Obama and/or 4 years to properly repair it.

This is why I can't and won't take tea-party people seriously. Not the ones who constantly put out the message that Obama made all things bad all of a sudden, which just happens to be just about all of them.

The right will always spin and twist and attempt to wiggle their way out of responsibility, just like they did when they absolutely abandoned Bush after staunchly supporting him for 7 years straight.

This isn't the party that Reagan would recognize, although it is the party that Reagan created.

It really is so much more complicated than that. Bush alone did not destroy the economy. As for Obama trying to fix it, there isn't a single thing he can do to make things wonderful again. There are some short term and long term things he could do that would help, but we are in trouble for at least a decade. The reason we are in this mess is pretty simple; the baby boomers are retiring and taking a ton of consumer spending with them. This is the biggest reason our economy came to a standstill, and there isn't a thing anyone can do to make the baby boomers start spending more money as they are either retiring or preparing for retirement.

 

[Big Fitz]

Everyone wants proof, no one is willing to do any research themselves...

Check the ACTUAL income tax revenues following the years that Bush, Reagan, Kennedy And hell - even Coolidge cut taxes compared to the years before the tax cuts!

It's really that easy folks!

OF COURSE we can't cut taxes to zero & raise collections, but raising taxes in THIS economy would be a disaster.

Have fun guys - Federal State Local Government Revenue in United States 2011 - Charts Tables

Revenues fell 4 times year over year during the Bush administration. What's your point?

Just imagine if he had followed the loony lefties advice and not cut taxes for those who paid taxes! You thought our economy was bad THEN, it'd be abysmal now!

We'd be doing much better now also if we hadn't fucked up and done TARP, the bailouts, Dept of Homeland Security, the TSA or Medicare part D.

 

[CrusaderFrank]

Wrong.

No, that's exactly right. Had Obama done nothing, the 2009 deficit would have been about a trillion dollars.

What are you smoking, dickweed ?

The Outstanding Public Debt as of 29 Aug 2011 at 12:39:35 PM GMT is:

$14,667,834,024,241.16

Why don't you pull your nose off of Obama's anus for a moment and take a whiff of reality.

He snorts Obama Hopey Change KoolAid straight from the can

 

[Claudette]

Many past presidents have come to office with crappy economies.

JFK, Reagan, Bush to name a few.

These guys figured it out.

Why can't Barry??

 

[NYcarbineer]

Many past presidents have come to office with crappy economies.

JFK, Reagan, Bush to name a few.

These guys figured it out.

Why can't Barry??

Presidents don't decide where the economy goes.

 

[NYcarbineer]

No, that's exactly right. Had Obama done nothing, the 2009 deficit would have been about a trillion dollars.

What are you smoking, dickweed ?

The Outstanding Public Debt as of 29 Aug 2011 at 12:39:35 PM GMT is:

$14,667,834,024,241.16

Why don't you pull your nose off of Obama's anus for a moment and take a whiff of reality.

He snorts Obama Hopey Change KoolAid straight from the can

Either one of you closet cases want to prove what I said was wrong?

 

[NYcarbineer]

Everyone wants proof, no one is willing to do any research themselves...

Check the ACTUAL income tax revenues following the years that Bush, Reagan, Kennedy And hell - even Coolidge cut taxes compared to the years before the tax cuts!

It's really that easy folks!

OF COURSE we can't cut taxes to zero & raise collections, but raising taxes in THIS economy would be a disaster.

Have fun guys - Federal State Local Government Revenue in United States 2011 - Charts Tables

Revenues fell 4 times year over year during the Bush administration. What's your point?

Just imagine if he had followed the loony lefties advice and not cut taxes for those who paid taxes! You thought our economy was bad THEN, it'd be abysmal now!

We'd be doing much better now also if we hadn't fucked up and done TARP, the bailouts, Dept of Homeland Security, the TSA or Medicare part D.

So if Bush had left taxes where they were, if ONLY to pay for the 2 wars he involved us in, the economy would have gone into the tank?

You're admitting what I've been saying all along. We can't be a low tax nation and have the world's largest most expensive war machine AND have a 21st century domestic system, which includes a social safety net, all at once.

Something has to go.

 

[Dot Com]

"Bush Wrecked The Economy And Obama Can't Fix It"

Actually, the truth would go more like this:

The economy is going to ebb and flow per its own natural order, little effected by the acts of presidents and other politicians, at least with regard to short-term results.

The roots of the December 2007 recession may go back decades, the consequence of economic policies from both sides of the political spectrum.

GWB didn’t cause the December 2007 recession – it would be ridiculous to say so; equally ridiculous is the idea that Obama is somehow responsible for the current economic situation, or to expect him to ‘fix’ it in just two years – or four, for that matter.

Needless to say the above truth will go ignored, the state of the economy being too powerful a political weapon.

Bu$h II did add @ $5-7 trillion to the debt w/ 2 UNPAID- FOR wars, Tax cuts during those wars, and an UNPAID- FOR trillion $ Repub RX plan. I say $5-7 trillion because the total cost of the two wars he started won't be known for years to come much less their eventual outcome

He took a minor recession and turned it into the longest period of economic decline since the 1970s.

A "minor recession"? Holy revisionist history, Batman!!

Job loss in the recession of 2000 was much worse. The difference is job creation in this recession was way below 2000, or below any other recession for that matter.
If Bush had stopped with backstopping the banks, the recession would have been over in 9 months.

LOLOLOLOL $10 trillion of value up in smoke and it's a "minor recession"? You must be a Perry supporter

 

[Big Fitz]

Revenues fell 4 times year over year during the Bush administration. What's your point?

Just imagine if he had followed the loony lefties advice and not cut taxes for those who paid taxes! You thought our economy was bad THEN, it'd be abysmal now!

We'd be doing much better now also if we hadn't fucked up and done TARP, the bailouts, Dept of Homeland Security, the TSA or Medicare part D.

So if Bush had left taxes where they were, if ONLY to pay for the 2 wars he involved us in, the economy would have gone into the tank?

You're admitting what I've been saying all along. We can't be a low tax nation and have the world's largest most expensive war machine AND have a 21st century domestic system, which includes a social safety net, all at once.

Something has to go.

Nope. You missed the whole point because you don't get a fundamental aspect of economics. Money left in the hands of people is best for the economy and thereby the nation.

 

[NYcarbineer]

Just imagine if he had followed the loony lefties advice and not cut taxes for those who paid taxes! You thought our economy was bad THEN, it'd be abysmal now!

We'd be doing much better now also if we hadn't fucked up and done TARP, the bailouts, Dept of Homeland Security, the TSA or Medicare part D.

So if Bush had left taxes where they were, if ONLY to pay for the 2 wars he involved us in, the economy would have gone into the tank?

You're admitting what I've been saying all along. We can't be a low tax nation and have the world's largest most expensive war machine AND have a 21st century domestic system, which includes a social safety net, all at once.

Something has to go.

Nope. You missed the whole point because you don't get a fundamental aspect of economics. Money left in the hands of people is best for the economy and thereby the nation.

You mean like me not paying my bills so I can have more spending money? That's idiotic.

It was idiocy to cut taxes twice the same two years two different wars started. It is indefensible.

 

[Claudette]

Many past presidents have come to office with crappy economies.

JFK, Reagan, Bush to name a few.

These guys figured it out.

Why can't Barry??

Presidents don't decide where the economy goes.

Presidents have the ability to push their agendas for the betterment of the economy.

JFK, Reagan and Bush figured it out and it worked out okay for them.

Why not for Barry??

 

[NYcarbineer]

Many past presidents have come to office with crappy economies.

JFK, Reagan, Bush to name a few.

These guys figured it out.

Why can't Barry??

Presidents don't decide where the economy goes.

Presidents have the ability to push their agendas for the betterment of the economy.

JFK, Reagan and Bush figured it out and it worked out okay for them.

Why not for Barry??

Reagan cut taxes and kept spending, running up unprecedented peacetime deficits.

That's the same thing Obama's done. Do you want MORE of that?

 

[Meister]

Presidents don't decide where the economy goes.

Presidents have the ability to push their agendas for the betterment of the economy.

JFK, Reagan and Bush figured it out and it worked out okay for them.

Why not for Barry??

Reagan cut taxes and kept spending, running up unprecedented peacetime deficits.

That's the same thing Obama's done. Do you want MORE of that?

Reagan cut taxes and the democrats kept spending....just like when Reagan gave amnesty and the democrats didn't close the borders. See both parties are at fault...somewhat different than the yarn your trying to spin.

 

[NYcarbineer]

Presidents have the ability to push their agendas for the betterment of the economy.

JFK, Reagan and Bush figured it out and it worked out okay for them.

Why not for Barry??

Reagan cut taxes and kept spending, running up unprecedented peacetime deficits.

That's the same thing Obama's done. Do you want MORE of that?

Reagan cut taxes and the democrats kept spending....just like when Reagan gave amnesty and the democrats didn't close the borders. See both parties are at fault...somewhat different than the yarn your trying to spin.

That's a lie. Reagan escalated the Cold War to the tune of billions and cut taxes at the same time,

one more example of Republicans refusing to pay for the wars they insist on fighting.

 

[NYcarbineer]

Many past presidents have come to office with crappy economies.

JFK, Reagan, Bush to name a few.

These guys figured it out.

Why can't Barry??

Presidents don't decide where the economy goes.

Presidents have the ability to push their agendas for the betterment of the economy.

JFK, Reagan and Bush figured it out and it worked out okay for them.

Why not for Barry??

There's nothing left to do. Taxes are as low as any sane person would have them, interest rates are virtually at zero, consumer debt is still at near record levels, the deficit can't take any more borrowing as stimulus, the Chinese have our jobs,

what do you propose a president do at this point?

 

[Meister]

Reagan cut taxes and kept spending, running up unprecedented peacetime deficits.

That's the same thing Obama's done. Do you want MORE of that?

Reagan cut taxes and the democrats kept spending....just like when Reagan gave amnesty and the democrats didn't close the borders. See both parties are at fault...somewhat different than the yarn your trying to spin.

That's a lie. Reagan escalated the Cold War to the tune of billions and cut taxes at the same time,

one more example of Republicans refusing to pay for the wars they insist on fighting.

Look......let me be as perfectly clear as possible.......democrat Senate.....democrat Congress. Now what were you saying?

 

[NoNukes]

You must spread some Reputation around before giving it to NoNukes again.

Believe me

I will

Rather childish to care about rep points in a discussion.

Pardon me asswipe, but you neg rep'd me (a whopping six points) the other day for disagreeing with your Messiah.

So have a cup of STFU with your childish opinion.

That was only a reply to you insulting me in a rep instead of letting everyone see what you said.

 

[deepthunk]

You must spread some Reputation around before giving it to NoNukes again.

Believe me

I will

Rather childish to care about rep points in a discussion.

I have to agree with that, frankly I think the rep system is a bad idea anyway. Just because a member disagrees frequently with other members doesn’t necessarily mean their opinions aren’t perfectly valid, or that their disagreeing to troll. Likewise, yes-people who kiss up a lot will gain a significant reputation even though they really contribute little of value to forum discussions.
Normally I don’t even bother with forum that use such systems because the hole notion is a bit childish, but I thought I would give this one a try since it’s the most popular, politically moderate forum listed on google.