Obama Recession?

[Sinatra]

So if economic conditions worsen, is it fair to start calling this the "Obama Recession" or would that be unfair given he inherited a good deal of the mess even if his current performance as President appears to be worsening rather than helping the mess?

Granted, the stimulus bill has yet to be signed off, but with the Congressional Budget Office stating less than half the infrastructure spending will take place within two years, does that really matter when classifying the current economy as the "Obama Recession"?

http://www.nytimes.com/2009/02/11/business/11markets.html?_r=1&hp

50 De-Stimulating Facts by Stephen Spruiell & Kevin Williamson on National Review Online

 

[Annie]

So if economic conditions worsen, is it fair to start calling this the "Obama Recession" or would that be unfair given he inherited a good deal of the mess even if his current performance as President appears to be worsening rather than helping the mess?

Granted, the stimulus bill has yet to be signed off, but with the Congressional Budget Office stating less than half the infrastructure spending will take place within two years, does that really matter when classifying the current economy as the "Obama Recession"?

http://www.nytimes.com/2009/02/11/business/11markets.html?_r=1&hp

50 De-Stimulating Facts by Stephen Spruiell & Kevin Williamson on National Review Online

I think he's all but called this a depression, he owns it.

 

[Munin]

So if economic conditions worsen, is it fair to start calling this the "Obama Recession" or would that be unfair given he inherited a good deal of the mess even if his current performance as President appears to be worsening rather than helping the mess?

Granted, the stimulus bill has yet to be signed off, but with the Congressional Budget Office stating less than half the infrastructure spending will take place within two years, does that really matter when classifying the current economy as the "Obama Recession"?

http://www.nytimes.com/2009/02/11/business/11markets.html?_r=1&hp

50 De-Stimulating Facts by Stephen Spruiell & Kevin Williamson on National Review Online

You need to wait at least a year or 2 before you can start calling it a bipartisan mess (too clearly see the effects of the Bail-out & stimulus package).

But it will always be known as a republican mess, nothing will ever be able to change that.

 

[Vel]

So if economic conditions worsen, is it fair to start calling this the "Obama Recession" or would that be unfair given he inherited a good deal of the mess even if his current performance as President appears to be worsening rather than helping the mess?

Granted, the stimulus bill has yet to be signed off, but with the Congressional Budget Office stating less than half the infrastructure spending will take place within two years, does that really matter when classifying the current economy as the "Obama Recession"?

http://www.nytimes.com/2009/02/11/business/11markets.html?_r=1&hp

50 De-Stimulating Facts by Stephen Spruiell & Kevin Williamson on National Review Online

Obama was a sitting senator that never bothered to do the job he was hired to do. It's fair to call this the Obama recession. He pretty much started campaigning for his current job from the day he took office as a U.S. senator and neglected everything else.

 

[frazzledgear]

So if economic conditions worsen, is it fair to start calling this the "Obama Recession" or would that be unfair given he inherited a good deal of the mess even if his current performance as President appears to be worsening rather than helping the mess?

Granted, the stimulus bill has yet to be signed off, but with the Congressional Budget Office stating less than half the infrastructure spending will take place within two years, does that really matter when classifying the current economy as the "Obama Recession"?

http://www.nytimes.com/2009/02/11/business/11markets.html?_r=1&hp

50 De-Stimulating Facts by Stephen Spruiell & Kevin Williamson on National Review Online

After hearing "Stimulus Part Deux" from Treasury Secretary Geithner, this will be the Obama Depression. And I have to ask you liberals. ARE YOU OUT OF YOUR MINDS? Now its going to be TWO TRILLION in spending according to Geithner? Any idea what that number actually stands for? Do you realize that it would take nearly 64,000 YEARS to count that high if you counted at one number per second? It would take 178 1/2 years to count to a billion at the same rate. Does this mean we should start getting used to bandying the word "quadrillion" around as casually as Obama does with "trillion" since Obama intends us to be just a few trillion shy of that number before he's done? And hey, looking forward to the massive DEMOCRAT lobbying feeding frenzy this Democrat sponsored hog calling contest will cause, aren't you? But who really gets stuck with the tab I wonder. Think "the rich" got enough to foot that bill? ROFL

I cannot trust the people in government who are carrying this out after seeing the billions in CRAP THEY inserted that will have no stimulative effect. And Obama peddling fear and insisting this MUST be passed RIGHT NOW -only means he wants it passed before people can get a closer look at it. Like those major provisions that have nothing to do with stimulating the economy at all -but will start dismantling our healthcare system and rationing healthcare for our seniors. Not going to sit well with a lot of Americans, is it?

Obama is setting up not just this country -but the entire globe - for massive economic disaster. That is $2 TRILLION the US government would have to borrow -at the very same time the governments of China, the UK, France, Russia, numerous countries in the Middle East and Japan -have all created budgets that would require them to borrow more than $8 trillion combined. FROM WHERE? There isn't $10 trillion out there just floating around. Which means that eventually the Obama administration (and probably most of these other countries) will simply create phony electronic money to cover the loss. Which will only cause inflation on a scale not seen by anyone alive today.

I hope you daffy liberals aren't actually expecting Obama go down in history as one of our greatest Presidents. Especially given the fact he is just increasingly insuring he won't even get a second term.

 

[jillian]

Obama was a sitting senator that never bothered to do the job he was hired to do. It's fair to call this the Obama recession. He pretty much started campaigning for his current job from the day he took office as a U.S. senator and neglected everything else.

now you know why no one takes you wingnuts seriously....

retards.

 

[Munin]

So if economic conditions worsen, is it fair to start calling this the "Obama Recession" or would that be unfair given he inherited a good deal of the mess even if his current performance as President appears to be worsening rather than helping the mess?

Granted, the stimulus bill has yet to be signed off, but with the Congressional Budget Office stating less than half the infrastructure spending will take place within two years, does that really matter when classifying the current economy as the "Obama Recession"?

http://www.nytimes.com/2009/02/11/business/11markets.html?_r=1&hp

50 De-Stimulating Facts by Stephen Spruiell & Kevin Williamson on National Review Online

Obama was a sitting senator that never bothered to do the job he was hired to do. It's fair to call this the Obama recession. He pretty much started campaigning for his current job from the day he took office as a U.S. senator and neglected everything else.

That is just ignorant, you can't just blame 1 senator of the opposition for the failure of the whole economy. For one 1 senator does not have the tools to influence the economy and secondly you can't shift the blame from the republican government (for not solving this mess during its term and possibly for even causing this mess) on another party. The government has the tools to "control" the economy. In no way should any government be able to escape its responsibility over its bad handling of an economic crisis.

Neither should we let the Obama government escape from its responsibilities, if it will be proved that his bailouts & stimulus packages have failed: But it will take at least a year or 2 as I mentioned earlier.

 

[Article 15]

Simply put:

No.

 

[Ravi]

Personal responsibility is never something Republicans actually believed in...unless it was personal responsibility for someone else, not them.

 

[DiamondDave]

Obama was a sitting senator that never bothered to do the job he was hired to do. It's fair to call this the Obama recession. He pretty much started campaigning for his current job from the day he took office as a U.S. senator and neglected everything else.

now you know why no one takes you wingnuts seriously....

retards.

Are you denying that he almost immediately started campaigning for President... are you denying that that was his major focus?

Give me a break

This is common knowledge

 

[DiamondDave]

Personal responsibility is never something Republicans actually believed in...unless it was personal responsibility for someone else, not them.

Yet which party calls for handouts to the lazy or to those who don't actually pay taxes??

 

[Ravi]

Personal responsibility is never something Republicans actually believed in...unless it was personal responsibility for someone else, not them.

Yet which party calls for handouts to the lazy

Neither

or to those who don't actually pay taxes??

Even red staters deserve some help in life. Though I do agree corporations shouldn't get away with not paying taxes.

 

[xsited1]

I'm content with calling it the Bush/Reid/Pelosi recession for now. In a year, we can call it the Obama/Reid/Pelosi recession.

 

[DiamondDave]

Personal responsibility is never something Republicans actually believed in...unless it was personal responsibility for someone else, not them.

Yet which party calls for handouts to the lazy

Neither

or to those who don't actually pay taxes??

Even red staters deserve some help in life. Though I do agree corporations shouldn't get away with not paying taxes.

No.. .nobody is owed or 'deserves' "help in life"... fucking entitlement mantra runs deep in libs

No corporation and no individual should get away with not paying taxes... period.. same rate for every company.. same rate for every individual... on every dollar earned

And yes... the DEM party, and particularly the far lefties, DOES go hand over fist for entitlements and welfare to those who do nothing... will readily hand out money to the lazy who do not take responsibility of their own lives and situation... but nice try

 

[midcan5]

It never fails to amaze me how the conservative republicans never look in the mirror? Remember the mess Nixon/Ford left Carter, stagflation, or the mess Reagan left Bush Sr, excessive deficits and bizarre twisting in the wind tax policy. Now Bush Jr has left the largest mess since the days of Hoover republicans, and still the mirror points in the other direction. Are conservatives buffoons or is their idiocy genetic, as even Mill noted it, "Although it is not true that all conservatives are stupid people, it is true that most stupid people are conservative.


Hightower Lowdown | What 8 years of BushCheney have done to our economy

 

[Ravi]

And yes... the DEM party, and particularly the far lefties, DOES go hand over fist for entitlements and welfare to those who do nothing... will readily hand out money to the lazy who do not take responsibility of their own lives and situation... but nice try

Prove it.

 

[DiamondDave]

It never fails to amaze me how the conservative republicans never look in the mirror? Remember the mess Nixon/Ford left Carter, stagflation, or the mess Reagan left Bush Sr, excessive deficits and bizarre twisting in the wind tax policy. Now Bush Jr has left the largest mess since the days of Hoover republicans, and still the mirror points in the other direction. Are conservatives buffoons or is their idiocy genetic, as even Mill noted it, "Although it is not true that all conservatives are stupid people, it is true that most stupid people are conservative.


Hightower Lowdown | What 8 years of BushCheney have done to our economy

Sloganeering much?

1) This is not the worst financial mess since Hoover... try actually looking at all the numbers, and not just listening to leftist whack-job chanters
2) Funny who you leave out the messes Carter left Reagan, Clinton Left Bush, LBJ left Nixon, etc...
3) You want to complain about bizarre tax policy? Let's see you come forth and be a proponent of a flat across the board tax for EVERY company, every citizen, on every dollar earned....


"The trouble with our liberal friends is not that they are ignorant. It's just that they know so much that is not true."
And with midcan and other severely partisan parrots on here, truer words have never been spoken

 

[DiamondDave]

And yes... the DEM party, and particularly the far lefties, DOES go hand over fist for entitlements and welfare to those who do nothing... will readily hand out money to the lazy who do not take responsibility of their own lives and situation... but nice try

Prove it.

Are you denying that DEMs favor welfare programs, entitlement programs, and assistance to the 'poor' at the expense of other tax payers?

Oh God.. this is fucking RICH

Let's just look at the stimulus bill alone.. should not even have to really delve into the other parts of the vast history of LIB entitlement masturbation

11.1BIL for "housing assistance"
89.7BIL for increase to federal medical assistance
11.1BIL for "other" unemployment "assistance"
20BIL for food stamps
2.8BIL for free rural broadband
5.1BIL for "community development organizations"
7.5BIL for child support assistance
40.8BIl for health insurance assistance (on top of the other)
The list goes on

 

[Ravi]

Prove these people are lazy and don't take responsibility for their own predicaments...and that they do nothing.

 

[dilloduck]

Prove these people are lazy and don't take responsibility for their own predicaments...and that they do nothing.

Would you prefer them to be referred to as economic failures ?