Nobody could have fixed the economy in 4 years.....

[JoeB131]

Obama had 2 years of a Democratic Congress. That's how Obamacare got passed. He was focused on that instead of the economy.

Well, he had about six months of Senate that was filabuster proof... but to the point, he passed ObamaCare.

The ugly secret of Obamacare. Even its opponents know it's necessary. That's why you didn't see Big Insurance mount a "Harry and Louise" campaign against it. It's why Romney won't say what he'll replace it with.

Obama had to swallow a big pill because it was required to fix a broken system, and he's paying a price for it.

Affordable Healthcare Act so far hasn't helped some of my neighbors whom work full-time, do not have health coverage because they are just above the poverty level, and are getting big-time into debt with HC needs.
Broken system NOT fixed, sooo there has been NO price paid thus far.
Sorry to intrude into your alternative universe, which no way resembles current reality for many of our fellow americans.

Okay, if you say so. Sounds like your friends don't understand it to me, and neither do you.

 

[Douger]

I can fix the economy in one year.Abolish ALL foreign aid. Abolish the main military and put out notice that any aggressive nation will be met with a nuclear firestorm.Use the remainder of the navy for ocean cleanup and interrupting dope flow to murka, #1 in junkie per capita.
Put the meatheads in the farm fields and the smart ones on the borders(if there are enough smart ones).
Problem solved.
Yes. You'll have to nuke an aggressive nation so the rest will know you mean business. I recommend IsNtReal.

 

[JoeB131]

BTW last time i checked, the Depression of 1920 was still the deepest depression in history. And we recovered from that very quickly compared to the economic downturns that werent as deep but which had politicians trying to fix it with government intervention.

Oh, the Right Wingers LOVE the Depression of 1920, because it's the only one that makes the "Case" that Recessions can be solved by cutting taxes and no government programs.

Of course, they only tell you half the story.

To recap, the Depression of 1920 occurred because after WWI, there was huge deflationary effect on the currency. The whole world was shifting its economy from war material production and rationing to consumer good production.

So what everyone remembers is that Harding (one of the most corrupt presidents, ever) cut income taxes. What they like to forget is that he strengthened tariffs to protect American industries and manufacturing from cheap foreign competition.

Another factor that caused the deflation was that during WWI, unions were able to increase wages for their members and gain power because 4 million men were off fighting WWI. When those guys got back and looked for jobs, industry went through their old tricks of busting up unions and hiring lower-paid scabs. This caused an overall weakening of the buying power of labor unions.

 

[BluePhantom]

.

I agree completely with Clinton. The Republicans who are trying to pass this (inevitable) meltdown off as just another recession are either naive or lying. And they keep doubling down, comparing how many freaking months it took to get out of one recession or other, holy crap, as if you can quantify this in that way.

There has never been another economic catastrophe of this size, depth, breadth and complexity. Never, ever, not even close. The Republicans aren't playing the apples and oranges game, it's more like apples and saxophones.

.

Sure there has. Does the term "Great Depression" ring a bell. What is intriguing is that Bush learned from history and Obama did not. The Great Depression lasted as long as it did for a very simple reason. We refused to bail out the banks. Now as distasteful as I find "bailing out the banks" to be, the reality is that if Bush hadn't done it we would be in FAR worse shape than we are now. Obama unfortunately turned around and did what Hoover and Roosevelt did and began the process of government intrusion in private industry (hint: google "crowding out effect"). Just like during the Roosevelt administration, Obama's policies have delayed recovery. Unfortunately for Obama there is no world war going on that enables us to start selling supplies and munitions to get us out of this one.

Just as a side note: this chest pounding about Obama adding 4.5 million jobs since he took office has got to be the most laughable thing in modern history. Consider:

a) Anyone with even a rudimentary understanding of government in the United States knows that the government can add nothing but government jobs. They can create an environment conducive to job growth but that's about it. Obama has not done even that.

b) Some second grade math will cover this one. 125,000 new people enter the workforce every month. That means over 125,000 jobs must be created monthly in order to make progress. Obama has been in office for 44 months. 44 x 125,000 = 5,500,000. So his claim of 4.5 million jobs added actually means we have gone backwards under his stewardship by 1,000,000 jobs. Yeah that's something to be proud of, huh?

 

[Stephanie]

Only Repubs pretend to believe it could've been fixed in 4 years but they also pretend to believe that Obama was going to heal the world sooooo...yeah

I doubt Republicans believed that but he did Promise it..NO? and you all fell for it..not only is our country worse off, SO IS THE WORLD

time to let him go people, vote him out we need a change in direction

 

[Mac1958]

.

I agree completely with Clinton. The Republicans who are trying to pass this (inevitable) meltdown off as just another recession are either naive or lying. And they keep doubling down, comparing how many freaking months it took to get out of one recession or other, holy crap, as if you can quantify this in that way.

There has never been another economic catastrophe of this size, depth, breadth and complexity. Never, ever, not even close. The Republicans aren't playing the apples and oranges game, it's more like apples and saxophones.

.

Sure there has. Does the term "Great Depression" ring a bell. What is intriguing is that Bush learned from history and Obama did not. The Great Depression lasted as long as it did for a very simple reason. We refused to bail out the banks. Now as distasteful as I find "bailing out the banks" to be, the reality is that if Bush hadn't done it we would be in FAR worse shape than we are now. Obama unfortunately turned around and did what Hoover and Roosevelt did and began the process of government intrusion in private industry (hint: google "crowding out effect"). Just like during the Roosevelt administration, Obama's policies have delayed recovery. Unfortunately for Obama there is no world war going on that enables us to start selling supplies and munitions to get us out of this one.

Just as a side note: this chest pounding about Obama adding 4.5 million jobs since he took office has got to be the most laughable thing in modern history. Consider:

a) Anyone with even a rudimentary understanding of government in the United States knows that the government can add nothing but government jobs. They can create an environment conducive to job growth but that's about it. Obama has not done even that.

b) Some second grade math will cover this one. 125,000 new people enter the workforce every month. That means over 125,000 jobs must be created monthly in order to make progress. Obama has been in office for 44 months. 44 x 125,000 = 5,500,000. So his claim of 4.5 million jobs added actually means we have gone backwards under his stewardship by 1,000,000 jobs. Yeah that's something to be proud of, huh?

Well gosh, that's the first time I've heard of the Great Depression, thanks for the tip.

There are three significant differences between the Depression and the Meltdown.

First is the amount of debt, both real and artificial, held by business, government and consumers. Decades of the overuse of credit created torque in the financial system that no country has ever had, period. You simply cannot unwind that much debt in a couple of years, and there are the three kinds of debt, listed above, that are working together. Add to that the incredible amount of debt held by foreign countries, which leads us to...

Second is the symbiotic nature of international finance. There were certainly some interdependence in the 20's and 30's, but international economies are now inextricably linked. When one country catches a cold, the others sneeze. And worse, the nature of the meltdown didn't cause a simultaneous crash from which we would all dig out; it has been more of a wave. And the end of the wave may well cause yet another meltdown.

Third is the abject overabundance of, and overdependence on, derivatives. There is far more use of what are essentially artificial securities now than 90 years ago. It's not even close. And as the fallout from the crash of derivatives markets continues, and it is, more damage is to come. Because the size and breadth of derivatives markets, and because we have never had to fix something like this before, no one could have provided definitive proof that they "knew" how to slow or stop the damage.

Your jobs figures are merely an illustration of my point, not a political tool.

.

 

[naturegirl]

Obama's policies have failed. Are you really going to give him four more years because he says what you want to hear??

He needs to move back to Illinois and let the people that understand how to rescue money strapped entities lead us out of this debacle of on the job training.

 

[Conservative]

Only Repubs pretend to believe it could've been fixed in 4 years but they also pretend to believe that Obama was going to heal the world sooooo...yeah

this was the moment when the rise of the oceans began to slow and our planet began to heal

Barack Obama

If I don’t have this done in three years, then there’s going to be a one-term proposition.

Barack Obama


dumb ass.

 

[JoeB131]

Only Repubs pretend to believe it could've been fixed in 4 years but they also pretend to believe that Obama was going to heal the world sooooo...yeah

I doubt Republicans believed that but he did Promise it..NO? and you all fell for it..not only is our country worse off, SO IS THE WORLD

time to let him go people, vote him out we need a change in direction

And if you guys hadn't nominated a weird Mormon Robot with all the same bad ideas that got us into this mess to start with, we'd consider it.

The Republican Coyote chews off three legs and is still caught in the trap.

 

[naturegirl]

Only Repubs pretend to believe it could've been fixed in 4 years but they also pretend to believe that Obama was going to heal the world sooooo...yeah

I doubt Republicans believed that but he did Promise it..NO? and you all fell for it..not only is our country worse off, SO IS THE WORLD

time to let him go people, vote him out we need a change in direction

And if you guys hadn't nominated a weird Mormon Robot with all the same bad ideas that got us into this mess to start with, we'd consider it.

The Republican Coyote chews off three legs and is still caught in the trap.

A Dem coyote lays there in the trap hollaring for help, without even considering he might have to do this alone.

 

[JoeB131]

A Dem coyote lays there in the trap hollaring for help, without even considering he might have to do this alone.

Yes, the concept of helping people... truly alien to the modern Republican Party...

 

[Stephanie]

A Dem coyote lays there in the trap hollaring for help, without even considering he might have to do this alone.

Yes, the concept of helping people... truly alien to the modern Republican Party...

yeah sure thing dude.. We give and give to others but still get shit on for it.
go vote Democrat the party you belong to

 

[Unkotare]

I can fix the economy in one year.Abolish ALL foreign aid. Abolish the main military and put out notice that any aggressive nation will be met with a nuclear firestorm.Use the remainder of the navy for ocean cleanup and interrupting dope flow to murka, #1 in junkie per capita.
Put the meatheads in the farm fields and the smart ones on the borders(if there are enough smart ones).
Problem solved.
Yes. You'll have to nuke an aggressive nation so the rest will know you mean business. I recommend IsNtReal.

This kind of nonsense is why you are an irrelevant nobody.

 

[JoeB131]

A Dem coyote lays there in the trap hollaring for help, without even considering he might have to do this alone.

Yes, the concept of helping people... truly alien to the modern Republican Party...

yeah sure thing dude.. We give and give to others but still get shit on for it.
go vote Democrat the party you belong to

Making people "beg" for charity isn't helping them... Sorry.

Some day, the REpublican party might return to sanity, but not with the current bunch in charge. Not until we get rid of the TEA crazies and Romney.

 

[Stephanie]

Yes, the concept of helping people... truly alien to the modern Republican Party...

yeah sure thing dude.. We give and give to others but still get shit on for it.
go vote Democrat the party you belong to

Making people "beg" for charity isn't helping them... Sorry.

Some day, the REpublican party might return to sanity, but not with the current bunch in charge. Not until we get rid of the TEA crazies and Romney.

who is holding a gun to peoples heads making them BEG to suck off us taxpayers?
And someday you might return to sanity..sheeesh

 

[JoeB131]

yeah sure thing dude.. We give and give to others but still get shit on for it.
go vote Democrat the party you belong to

Making people "beg" for charity isn't helping them... Sorry.

Some day, the REpublican party might return to sanity, but not with the current bunch in charge. Not until we get rid of the TEA crazies and Romney.

who is holding a gun to peoples heads making them BEG to suck off us taxpayers?
And someday you might return to sanity..sheeesh

Who's holding a gun to your head?

No, seriously, who?

I would personally be for every one of those people who are able bodied having a job... but that isn't how the system you support works.

We got to near full employment under Clinton, and the Business Community (that really runs the GOP, the Teabaggers and Religious nuts aer just useful idiots) absolutely hated it, even though they were making record profits. They hated having to share. THey hated having to offer competitive salaries.

And this is where the GOP has lost its way. It put the interests of corporations above those of the working class, figuring the working class could just be manipulated by pushing their religious and racial buttons.

 

[NYcarbineer]

Obama is mocking the idea of borrowing money from your parents. But back in the day before the govt was stealing money from us; that's exactly how it worked. And we took pride in ourselves. We didn't thank the government for stealing someone else's money and then giving us our pittance.

Your profile says you're from California. California is a high tax state. You're whining about your taxes while you CHOOSE to live in a high tax state.

Shut up and move.

 

[Old Rocks]

I could live with not fixed, but not with the lack of progress. Not Good Enough. That's why I want a change.

So you want change? A change back to what we had in 20Jan09? Because Romney-Ryan are pushing the same policies that put us where we were then.

 

[Mac1958]

I could live with not fixed, but not with the lack of progress. Not Good Enough. That's why I want a change.

So you want change? A change back to what we had in 20Jan09? Because Romney-Ryan are pushing the same policies that put us where we were then.

Seems to me this is the best argument the Democrats have, and it's a reasonable point. It's also probably the main reason the polls are tied even though unemployment is over 8%.

.

 

[Stephanie]

I could live with not fixed, but not with the lack of progress. Not Good Enough. That's why I want a change.

So you want change? A change back to what we had in 20Jan09? Because Romney-Ryan are pushing the same policies that put us where we were then.

Yeah well Obama/Bidens Socialist plans are working so wonderfully..
People are WORSE off today than they were with Bush