Obama says the private sector is "DOING JUST FINE" LMAO

[LilOlLady]

For perspective, Libtards, Ronald Maximus Reagan had one month in his recovery that created 1.1 million jobs.

Did reagan have a trillion dollar deficit and two ongoing war unpaid for to begin with?
President Obama inherited the worst recession since the Great Depression and you do not stimulate the economy with tax cuts and cuts in governement spending and government jobs which create private sector jobs. Right wing idiots believe they can stop spending and revive the economy. The economy recovery depends on spending. Every one spending, businesses, consumers and government.

 

[SniperFire]

For perspective, Libtards, Ronald Maximus Reagan had one month in his recovery that created 1.1 million jobs.

Did reagan have a trillion dollar deficit and two ongoing war unpaid for to begin with?

'I simply can't ******* do it!'

- B. Hussein Obama

 

[HUGGY]

4.3 million private sector jobs created in the past 27 months is going to hurt Obama.

Indeed.

Worst. Recovery. Ever.

Worst co-operation from republicans ever.

True Story.

USA collateral damage to GOPERS war on Obama.. "can't make omletts without breaking eggs".

 

[FJO]

Numbers can be cooked.

Tell me two numbers:

1. The number of the population that are between 18 and 65 years of age. These are the people, and this is the number that should represent those who should be working.

2. Tell me the number of people who are actually gainfully employed.

Compare the two numbers to arrive at the REAL unemployment rate.

I take it that you cannot even figure that out. Ask your 5th grader.

My 5th grader said, about 152.7 million people employed in the US

Not counting Illegal aliens.

So, what is the REAL unemployment rate?

You should go on the popular TV show and prove that you are smarter than a 5th grader, since you brought that up.

 

[SniperFire]

 

[FJO]

Actually, 4 million jobs is exactly the same amount as Reagan saw in his first 3 years of office...

Food for thought.

The difference being...Reagan was in the process of bringing us out of the Stagflation he inherited from Jimmy Carter. The Fed tightened up the money supply drastically and that led to higher levels of unemployment. Now contrast that with what Obama has done since HE took office. He's had the Fed keep interest rates as low as possible trying to stimulate economic growth and lower unemployment...yet both have remained stagnant. By the end of Reagan's 3rd year the economy took off and started growing in a big way because he'd done the hard work to turn it around. Anyone here think that's about to happen now?

Reagan didn't inherit 2 wars, a collapsed stock market, and a bubble collapse that made tens of trillions of dollars disappear overnight.

And Reagan created a whole bunch of public sector jobs, mainly in defense, which helped his numbers immensely.

The situation inherited by Obama was more like that inherited by Roosevelt than Reagan. And yet, the number of jobs created is just about the same.

Reagan inherited the legacy of the peanut-brained peanut-farmer.

Unemployment, interest rates and inflation all in the high teens percent.

Reagan also inherited the gas pump line-ups.

Reagan inherited the Cold War with an equally strong Soviet Union, courtesy of the mental and physical cripple who just adored his Uncle Joe, FDR.

Reagan also inherited a bunch of union thugs who had no high limit of their own, perceived self-worth.

Reagan also inherited a nation that was humiliated by the same creeps who are humiliating the current President.

Reagan stood up to all of that and succeeded.

No hope for such in the current President, who inherited a dream world compared to what President Reagan inherited.

 

[NYcarbineer]

For perspective, Libtards, Ronald Maximus Reagan had one month in his recovery that created 1.1 million jobs.

1 out of 96. Awesome lolol.

 

[NYcarbineer]

[
Unemployment, interest rates and inflation all in the high teens percent.

.

When Reagan became president:

Unemployment - 7.5%

 

[FJO]

[
Unemployment, interest rates and inflation all in the high teens percent.

.

When Reagan became president:

Unemployment - 7.5%

Somewhat lower than what President Romney will inherit from his predecessor.

 

[Trajan]

Actually, 4 million jobs is exactly the same amount as Reagan saw in his first 3 years of office...

Food for thought.

The difference being...Reagan was in the process of bringing us out of the Stagflation he inherited from Jimmy Carter. The Fed tightened up the money supply drastically and that led to higher levels of unemployment. Now contrast that with what Obama has done since HE took office. He's had the Fed keep interest rates as low as possible trying to stimulate economic growth and lower unemployment...yet both have remained stagnant. By the end of Reagan's 3rd year the economy took off and started growing in a big way because he'd done the hard work to turn it around. Anyone here think that's about to happen now?

Reagan didn't inherit 2 wars, a collapsed stock market, and a bubble collapse that made tens of trillions of dollars disappear overnight.

And Reagan created a whole bunch of public sector jobs, mainly in defense, which helped his numbers immensely.

The situation inherited by Obama was more like that inherited by Roosevelt than Reagan. And yet, the number of jobs created is just about the same.

dude.....

 

[Trajan]

For perspective, Libtards, Ronald Maximus Reagan had one month in his recovery that created 1.1 million jobs.

1 out of 96. Awesome lolol.

in a smaller pop thats huge, and the other months of 700, 450 600? and the 6-7% gdp?

you're such a hack

 

[Trajan]

Job creation is the lowest of any recovery,not even enough to absorb the growing labor force.

Because public sector job losses are offsetting private sector job gains.

What the hell did you people think was going to happen when your entire party platform consists of "shrinking government"?

Major companies have lots of money in the bank because they cannot invest it in new products and equipment because they cannot price those investments.

What?

Small companies are going out of business. Major investment has shifted to overseas, where there is a more stable legal system and economy.

There's a "more stable legal system in India, China and Singapore?

What have you been smoking exactly? I want some.

Investment has shifted overseas because corporations have no sense of patriotism, and are taking their jobs to countries where they can pay workers 20 cents an hour.

But even with all those jobs being sent overseas, there is still a net surplus in the private sector in the US, and has been for some time.

Austerity measures in the states, and a withdrawal of federal funding to the states, is offsetting those numbers.

Which is exactly the point the President was making.

Frankly this will go down as the biggest embarassment of Obama's administration. I liked Jindal's comment: Obama is so removed from the private sector he needs a passport to get there.

Perhaps to right-wingers, who are immersed in their own bubble world where "the private sector" means the same thing as "the economy".

we've got 2 prior solid examples of reducing gov. outlays per gdp% working, you have.....what? ww2.....and thats not even applicable here ala our consumer economy......hello.

 

[Katzndogz]

obama believes that if the government can hire a million people, the UE rate will go down by a million and he will look good because he brought the UE rate down. He just can't figure out a way to do it without taking a million jobs out of the private sector because he raised taxes.

 

[BreezeWood]

Well, when you Repukes got through with us in 2009, we were losing 750,000 jobs a month. Today, we are not gaining nearly enough jobs, but we are gaining. And the GDP is positive. That is better than the situation you left us in.

its 2012. wake up.......that shit is so over. go ahead run on that, I'll be waving when the messiah gets his helicopter ride back to hyde park.

Its 3 yeara in , 33 months after the recession ended ad we are at at sub 2% growth.....give me a break. I don't give a crap how the president is and what party ghes from if they had those numbers they go.....

The problem with you people this election cycle is that you are pushing all the same policies that put us into the recession in the first place. Kind of like if was really a stupid thing to do the first time, why is repeating it going to be less stupid?

reality, try it sometime.

Ranking the Presidents by G.D.P. - NYTimes.com

Ranking the Presidents by G.D.P.

They are listed in reverse order of growth.

Barack Obama, 1.2% annual G.D.P. growth rate (previously 1.5%)
George W. Bush, 1.6% (previously 1.7%)
George H.W. Bush, 2.1%
Gerald Ford, 2.2%
Dwight Eisenhower, 2.5%
Richard Nixon, 3.0%
Jimmy Carter, 3.2%
Ronald Reagan, 3.5%
Bill Clinton, 3.8%
Lyndon B. Johnson, 5.0%
John F. Kennedy, 5.4%

All the best performers are Democrats

Clinton 3.8 - George W. Bush 1.7 - Barack Obama 1.2 - >

after curtailing the deepest Recession since the Great Depression the first year and a half and with another 4 years Obama will be the same as the other Democrats with the Republicans far behind.

Trajan: ... after the recession ended and we are at at sub 2% growth...

growth is fine - Obama was correct and if the Tea Party Republicans stopped their blocking of Stimulus Legislation that has already worked the economy would be now doing well.

 

[NYcarbineer]

Indeed.

Worst. Recovery. Ever.

say who?

If you don't know the simple facts, why are you making yourself look like a moron by arguing them?

The simple fact is we've never seen a real estate collapse like this one since the Depression, if even then. Nor have we seen such a state and local cutback in spending, leading to massive layoffs.

Nor do we have the cyclical industrial manufacturing base we once had that would normally carry us out of a business cycle downturn.

Nor have we ever seen consumers this much in debt, nor have we ever seen this many households needing 2 jobs to maintain their standard of living.

 

[NYcarbineer]

[
Unemployment, interest rates and inflation all in the high teens percent.

.

When Reagan became president:

Unemployment - 7.5%

Somewhat lower than what President Romney will inherit from his predecessor.

Was that a feeble attempt to divert attention from the fact that you were about 10 percentage points off on what the unemployment rate was in 1981?

 

[NYcarbineer]

The difference being...Reagan was in the process of bringing us out of the Stagflation he inherited from Jimmy Carter. The Fed tightened up the money supply drastically and that led to higher levels of unemployment. Now contrast that with what Obama has done since HE took office. He's had the Fed keep interest rates as low as possible trying to stimulate economic growth and lower unemployment...yet both have remained stagnant. By the end of Reagan's 3rd year the economy took off and started growing in a big way because he'd done the hard work to turn it around. Anyone here think that's about to happen now?

Reagan didn't inherit 2 wars, a collapsed stock market, and a bubble collapse that made tens of trillions of dollars disappear overnight.

And Reagan created a whole bunch of public sector jobs, mainly in defense, which helped his numbers immensely.

The situation inherited by Obama was more like that inherited by Roosevelt than Reagan. And yet, the number of jobs created is just about the same.

Reagan inherited the legacy of the peanut-brained peanut-farmer.

Unemployment, interest rates and inflation all in the high teens percent.

Reagan also inherited the gas pump line-ups.

Reagan inherited the Cold War with an equally strong Soviet Union, courtesy of the mental and physical cripple who just adored his Uncle Joe, FDR.

Reagan also inherited a bunch of union thugs who had no high limit of their own, perceived self-worth.

Reagan also inherited a nation that was humiliated by the same creeps who are humiliating the current President.

Reagan stood up to all of that and succeeded.

No hope for such in the current President, who inherited a dream world compared to what President Reagan inherited.

The Teamsters endorsed Reagan.

You really are today's Idiot.

 

[Trajan]

Reagan didn't inherit 2 wars, a collapsed stock market, and a bubble collapse that made tens of trillions of dollars disappear overnight.

And Reagan created a whole bunch of public sector jobs, mainly in defense, which helped his numbers immensely.

The situation inherited by Obama was more like that inherited by Roosevelt than Reagan. And yet, the number of jobs created is just about the same.

Reagan inherited the legacy of the peanut-brained peanut-farmer.

Unemployment, interest rates and inflation all in the high teens percent.

Reagan also inherited the gas pump line-ups.

Reagan inherited the Cold War with an equally strong Soviet Union, courtesy of the mental and physical cripple who just adored his Uncle Joe, FDR.

Reagan also inherited a bunch of union thugs who had no high limit of their own, perceived self-worth.

Reagan also inherited a nation that was humiliated by the same creeps who are humiliating the current President.

Reagan stood up to all of that and succeeded.

No hope for such in the current President, who inherited a dream world compared to what President Reagan inherited.

The Teamsters endorsed Reagan.

You really are today's Idiot.

and he smacked down PATCO.....

 

[Trajan]

Well, when you Repukes got through with us in 2009, we were losing 750,000 jobs a month. Today, we are not gaining nearly enough jobs, but we are gaining. And the GDP is positive. That is better than the situation you left us in.

its 2012. wake up.......that shit is so over. go ahead run on that, I'll be waving when the messiah gets his helicopter ride back to hyde park.

Its 3 yeara in , 33 months after the recession ended ad we are at at sub 2% growth.....give me a break. I don't give a crap how the president is and what party ghes from if they had those numbers they go.....



reality, try it sometime.

Ranking the Presidents by G.D.P. - NYTimes.com

Ranking the Presidents by G.D.P.

They are listed in reverse order of growth.

Barack Obama, 1.2% annual G.D.P. growth rate (previously 1.5%)
George W. Bush, 1.6% (previously 1.7%)
George H.W. Bush, 2.1%
Gerald Ford, 2.2%
Dwight Eisenhower, 2.5%
Richard Nixon, 3.0%
Jimmy Carter, 3.2%
Ronald Reagan, 3.5%
Bill Clinton, 3.8%
Lyndon B. Johnson, 5.0%
John F. Kennedy, 5.4%

All the best performers are Democrats

Clinton 3.8 - George W. Bush 1.7 - Barack Obama 1.2 - >

after curtailing the deepest Recession since the Great Depression the first year and a half and with another 4 years Obama will be the same as the other Democrats with the Republicans far behind.

Trajan: ... after the recession ended and we are at at sub 2% growth...

growth is fine - Obama was correct and if the Tea Party Republicans stopped their blocking of Stimulus Legislation that has already worked the economy would be now doing well.

of Stimulus Legislation that has already worked the economy would be now doing well

pass that joint. if it worked we would not be having this conversation.

 

[Trajan]

say who?

If you don't know the simple facts, why are you making yourself look like a moron by arguing them?

The simple fact is we've never seen a real estate collapse like this one since the Depression, if even then. Nor have we seen such a state and local cutback in spending, leading to massive layoffs.

Nor do we have the cyclical industrial manufacturing base we once had that would normally carry us out of a business cycle downturn.

Nor have we ever seen consumers this much in debt, nor have we ever seen this many households needing 2 jobs to maintain their standard of living.

cry me a river, hes also had extraordinary tools put at his disposal, its 33 months since the end of the recession, suck it up, reality time.