More Myths of Obamanomics

[The Rabbi]

So the alleged recovery has been pitiful. The economyhas limped along for 5 years since Maobama took power. It's Bush's fault, right? A financial recession takes longer to recover from, right? Or maybe we're in a secular recession, a slow growth period that just sort of happens, right? It isn't Obama's fault or the Democrats'. Must be Bush's fault.
Oops, turns out both of those are lies. This economy is atypical of economies coming out of recession, which tend to exhibit strong growth, not weak.
John B. Taylor: The Economic Hokum of 'Secular Stagnation' - WSJ.com

 

[Joe Steel]

So the alleged recovery has been pitiful. The economyhas limped along for 5 years since Maobama took power. It's Bush's fault, right? A financial recession takes longer to recover from, right? Or maybe we're in a secular recession, a slow growth period that just sort of happens, right? It isn't Obama's fault or the Democrats'. Must be Bush's fault. ...

No. It's not just Bush's fault. It's the Republicans' fault, too. They obstructed the recovery measures the Democrats tried to implement. Don't blame only George Bush.

By the way, the article you linked is behind a pay wall. What's the point of linking it?

 

[Meister]

So the alleged recovery has been pitiful. The economyhas limped along for 5 years since Maobama took power. It's Bush's fault, right? A financial recession takes longer to recover from, right? Or maybe we're in a secular recession, a slow growth period that just sort of happens, right? It isn't Obama's fault or the Democrats'. Must be Bush's fault. ...

No. It's not just Bush's fault. It's the Republicans' fault, too. They obstructed the recovery measures the Democrats tried to implement. Don't blame only George Bush.

By the way, the article you linked is behind a pay wall. What's the point of linking it?

What were the recovery efforts from the democrats? Obamacare? Because that was the only thing they were working on, not trying to fix the economy.
Maybe you were talking about the stimulus bill....you know the one that Obama said failed and that there wasn't the shovel ready jobs. Maybe it was the cash for clunkers, or bailing out the auto industry. How much of the efforts made by democrats tried to implement ended up overseas?

But, please be more specific in your post.

 

[RDD_1210]

So the alleged recovery has been pitiful. The economyhas limped along for 5 years since Maobama took power. It's Bush's fault, right? A financial recession takes longer to recover from, right? Or maybe we're in a secular recession, a slow growth period that just sort of happens, right? It isn't Obama's fault or the Democrats'. Must be Bush's fault. ...

No. It's not just Bush's fault. It's the Republicans' fault, too. They obstructed the recovery measures the Democrats tried to implement. Don't blame only George Bush.

By the way, the article you linked is behind a pay wall. What's the point of linking it?

Rabbi doesn't actually read the articles he posts. It's why he has posted links to The Onion simply based on the headline, he thought it was a real story.

This is what shallow people with little depth to their thought process do.

 

[Indeependent]

As long as US economic and fiscal policy is beholden to the WTO, there will be no recovery.

 

[The Rabbi]

So the alleged recovery has been pitiful. The economyhas limped along for 5 years since Maobama took power. It's Bush's fault, right? A financial recession takes longer to recover from, right? Or maybe we're in a secular recession, a slow growth period that just sort of happens, right? It isn't Obama's fault or the Democrats'. Must be Bush's fault. ...

No. It's not just Bush's fault. It's the Republicans' fault, too. They obstructed the recovery measures the Democrats tried to implement. Don't blame only George Bush.

By the way, the article you linked is behind a pay wall. What's the point of linking it?

Um, Democrats controlled Congress starting in 2007. Democrats had a filibuster proof majority from 2009 to 2011. What kind of obstruction could they possibly have done?
Another talking point bites the dust.
I had no problem finding the complete article (I read it in the newspaper this morning). Maybe you can get someone to teach you how to use Google?

 

[The Rabbi]

So the alleged recovery has been pitiful. The economyhas limped along for 5 years since Maobama took power. It's Bush's fault, right? A financial recession takes longer to recover from, right? Or maybe we're in a secular recession, a slow growth period that just sort of happens, right? It isn't Obama's fault or the Democrats'. Must be Bush's fault. ...

No. It's not just Bush's fault. It's the Republicans' fault, too. They obstructed the recovery measures the Democrats tried to implement. Don't blame only George Bush.

By the way, the article you linked is behind a pay wall. What's the point of linking it?

Rabbi doesn't actually read the articles he posts. It's why he has posted links to The Onion simply based on the headline, he thought it was a real story.

This is what shallow people with little depth to their thought process do.

Did you read the article? No, of course not. Go do something useful. Like hanging yourself, you liar.

 

[Joe Steel]

No. It's not just Bush's fault. It's the Republicans' fault, too. They obstructed the recovery measures the Democrats tried to implement. Don't blame only George Bush.

By the way, the article you linked is behind a pay wall. What's the point of linking it?

What were the recovery efforts from the democrats? Obamacare? Because that was the only thing they were working on, not trying to fix the economy.
Maybe you were talking about the stimulus bill....you know the one that Obama said failed and that there wasn't the shovel ready jobs. Maybe it was the cash for clunkers, or bailing out the auto industry. How much of the efforts made by democrats tried to implement ended up overseas?

But, please be more specific in your post.

The stimulus was much smaller than it had to be because Republicans obstructed it.

Unemployment benefits were limited to 99 weeks because Republicans obstructed the program.

In a recession, especially a recession as big as the Bush Recession, we need spending. A lot of spending and more spending. Republicans did nothing but try to reduce spending and they're still at it. The government has to spend money until the private sector sees profit opportunities and starts spending.

 

[NYcarbineer]

We haven't seen a recovery with this much concurrent decreases in government spending, at all levels.

What is occurring is a recovery plus the kind of cutbacks conservatives WANTED, and continue to favor, in government spending.

 

[RDD_1210]

No. It's not just Bush's fault. It's the Republicans' fault, too. They obstructed the recovery measures the Democrats tried to implement. Don't blame only George Bush.

By the way, the article you linked is behind a pay wall. What's the point of linking it?

Rabbi doesn't actually read the articles he posts. It's why he has posted links to The Onion simply based on the headline, he thought it was a real story.

This is what shallow people with little depth to their thought process do.

Did you read the article? No, of course not. Go do something useful. Like hanging yourself, you liar.

Of course I didn't....It's behind a pay wall. Just like you didn't read it. Copy and paste the last 3 paragraphs if you read it. Prove me wrong.

 

[Joe Steel]

No. It's not just Bush's fault. It's the Republicans' fault, too. They obstructed the recovery measures the Democrats tried to implement. Don't blame only George Bush.

By the way, the article you linked is behind a pay wall. What's the point of linking it?

Um, Democrats controlled Congress starting in 2007. Democrats had a filibuster proof majority from 2009 to 2011. What kind of obstruction could they possibly have done?

Another talking point bites the dust.

Yes. Yours.

The Democrats never really had a filibuster-proof majority in the Senate. Joe Liberman and Ben Nelson were unreliable.

I had no problem finding the complete article (I read it in the newspaper this morning). Maybe you can get someone to teach you how to use Google?

I know how to use Google. Do you understand the point of linking an article? The link is supposed to support your point. When you link to a restricted article, you lose credibility.

Now, give me a link to one of the articles you found so easily using Google or I won't be able to believe you.

 

[chikenwing]

Yes. Yours.

The Democrats never really had a filibuster-proof majority in the Senate. Joe Liberman and Ben Nelson were unreliable.

But still managed to push a turd of a bill though without a single vote from the opposition party.

This is a very lame excuse.

 

[Erand7899]

We haven't seen a recovery with this much concurrent decreases in government spending, at all levels.

What is occurring is a recovery plus the kind of cutbacks conservatives WANTED, and continue to favor, in government spending.

You must be referring to the sequester that put deep cuts in the evil military/industrial complex? Strange, but the economy appears to be doing better after the cuts than it did before the cuts.

Perhaps it is your liberal/socialist thought processes that prohibits you from experiencing reality.

Although highly doubtful, your concept of government spending stimulating the economy, might have had some limited validity when the nation was an isolated entity back in the Fifties and Sixties. Now with a worldwide economy, the government does not have the slightest chance of stimulating the economy through government spending. Our government has neither the cash, nor the borrowing power to do so.

 

[kiwiman127]

I concur that Obama should of/could of done a better job of putting some juice into the recovery, but then so could have Congress. Unfortunately, Congress has gotten more and more worthless. The last Congress was the most worthless/do nothing Congress is history.
Seventy percent of the US economy is driven by consumer spending. But with decades of flat wages the consumer glass does not have the expendable income they once had. Corporate profits have been very healthy but that success has not trickled down to those who drive the economy with their spending. And for every job opening, there are three applicants. So in other words, job growth has not accompanied good profits.
The 2001 recession. which was quite small compared to the last recession took much longer to recover when compared with other recessions on the same size.
So in the long run, the growth of workplace technology, the outsourcing of jobs overseas and the lack of adequate capital investments directed towards the corporate infrastructure have all driven the US economy into the stagnation phase.

 

[Meister]

No. It's not just Bush's fault. It's the Republicans' fault, too. They obstructed the recovery measures the Democrats tried to implement. Don't blame only George Bush.

By the way, the article you linked is behind a pay wall. What's the point of linking it?

What were the recovery efforts from the democrats? Obamacare? Because that was the only thing they were working on, not trying to fix the economy.
Maybe you were talking about the stimulus bill....you know the one that Obama said failed and that there wasn't the shovel ready jobs. Maybe it was the cash for clunkers, or bailing out the auto industry. How much of the efforts made by democrats tried to implement ended up overseas?

But, please be more specific in your post.

The stimulus was much smaller than it had to be because Republicans obstructed it.

Unemployment benefits were limited to 99 weeks because Republicans obstructed the program.

In a recession, especially a recession as big as the Bush Recession, we need spending. A lot of spending and more spending. Republicans did nothing but try to reduce spending and they're still at it. The government has to spend money until the private sector sees profit opportunities and starts spending.

Nearly a trillion dollars wasn't enough?
A trillion dollars isn't enough if you're spending it foolishly like Obama paying back his cronies and labor unions. A trillion is enough if it's spent properly.

99 weeks of unemployment isn't enough?
UE isn't a career, it's a safety net. It's been proven that businesses don't like to hire people who've been unemployed for that long. They're shooting themselves in the foot.

The Bush recession was big, but, Obama's policies had and has slowed the recovery from it.
Obamacare no matter how you're going to spin it is a job killer, it's an incentive to reduce hours, not hire, or hire part timers. Yes, spending IS limited when that occurs.

I make no excuses for the republicans, for the most part, they are just as much part of the problem as the democrats.

I've already addressed the government and their spending......and we just keep going further and further into debt.


I have a sister-in-law who has been given tens of thousands of dollars over the past decade to help herself out of a jam. With all that's been given to her, she is still no better off than she was a decade ago with the exact same problems. Why? Because she wasn't held accountable for the money given to her. Sound familiar?

 

[Meister]

Yes. Yours.

The Democrats never really had a filibuster-proof majority in the Senate. Joe Liberman and Ben Nelson were unreliable.

But still managed to push a turd of a bill though without a single vote from the opposition party.

This is a very lame excuse.

Those two caucused with the democrats. Leiberman voted along party lines over 90% of the time. Unreliable?

 

[kiwiman127]

Yes. Yours.

The Democrats never really had a filibuster-proof majority in the Senate. Joe Liberman and Ben Nelson were unreliable.

But still managed to push a turd of a bill though without a single vote from the opposition party.

This is a very lame excuse.

Good grief, what a bunch of BS. Those two caucused with the democrats. Leiberman voted along party lines over 90% of the time. Unreliable? Really?

Lieberman and Nelson backed "W" in regards to Iraq, that must mean they were unreliable with everything?

 

[Meister]

No. It's not just Bush's fault. It's the Republicans' fault, too. They obstructed the recovery measures the Democrats tried to implement. Don't blame only George Bush.

By the way, the article you linked is behind a pay wall. What's the point of linking it?

Um, Democrats controlled Congress starting in 2007. Democrats had a filibuster proof majority from 2009 to 2011. What kind of obstruction could they possibly have done?

Another talking point bites the dust.

Yes. Yours.

The Democrats never really had a filibuster-proof majority in the Senate. Joe Liberman and Ben Nelson were unreliable.

I had no problem finding the complete article (I read it in the newspaper this morning). Maybe you can get someone to teach you how to use Google?

I know how to use Google. Do you understand the point of linking an article? The link is supposed to support your point. When you link to a restricted article, you lose credibility.

Now, give me a link to one of the articles you found so easily using Google or I won't be able to believe you.

 

[Meister]

Yes. Yours.

The Democrats never really had a filibuster-proof majority in the Senate. Joe Liberman and Ben Nelson were unreliable.

But still managed to push a turd of a bill though without a single vote from the opposition party.

This is a very lame excuse.

Those two caucused with the democrats. Leiberman voted along party lines over 90% of the time. Unreliable? :

Lieberman and Nelson backed "W" in regards to Iraq, that must mean they were unreliable with everything?

Yup....must be

 

[Jarhead]

So the alleged recovery has been pitiful. The economyhas limped along for 5 years since Maobama took power. It's Bush's fault, right? A financial recession takes longer to recover from, right? Or maybe we're in a secular recession, a slow growth period that just sort of happens, right? It isn't Obama's fault or the Democrats'. Must be Bush's fault. ...

No. It's not just Bush's fault. It's the Republicans' fault, too. They obstructed the recovery measures the Democrats tried to implement. Don't blame only George Bush.

By the way, the article you linked is behind a pay wall. What's the point of linking it?

Which recovery efforts did they obstruct?

Certainly none during the first two years of the recovery.

But since then?

What efforts?