The Misinformation about the two major criticisms of Obama

[Katzndogz]

Most ordinary people don't use liberal opinions to decide whether the economy is doing well or not. They look at their own lives. That's where obama has his biggest problem. Too many people are not doing well. obama knows this. He just wants the public to direct their attention from HIS policies to a class war where the only reason why people aren't doing better is because the rich won't give them more.

 

[PLYMCO_PILGRIM]

Most ordinary people don't use liberal opinions to decide whether the economy is doing well or not. They look at their own lives. That's where obama has his biggest problem. Too many people are not doing well. obama knows this. He just wants the public to direct their attention from HIS policies to a class war where the only reason why people aren't doing better is because the rich won't give them more.

Yup...are your family and friends better off now than 3 years ago?


What was the price of gas when obama took office? $2.00/gallon
What was the total number of jobs when obama took office? 2million more than total jobs today
What was the nation debt when obama took office? 25% less than what it is today
What was your cost of health insurance? Lower than today

And now he is talking about going back to pre-bush tax rates which hikes my 5 figure income's taxes by 3%.

piss off obama, i might not vote the republican but i'm not voting or supporting your failure of a presidency.

 

[Decepticon]

ECONOMIC WOES

We have had 22 months of private sector job growth. A factor for that is the success of Obama's stimulus plan. And while It may be true that the unemployment rate is higher now than when Obama took office, we were losing 100,000's of more jobs per month under Bush than Obama.

There is also no proof that Obama's policies can be directly attributed to the current unemployment rate. Take regulations, for example:

Do regulations curtail job growth? | Decisions Based on Evidence

the number of layoffs nationwide caused by government regulation is minuscule and shows no evidence of getting worse during the Obama administration.

Do Regulations Really Kill Jobs Overall? Not So Much - ProPublica

Table 2. Reason for layoff: Extended mass layoff events, separations, and initial claimants for unemployment insurance, private nonfarm sector, selected quarters, 2010 and 2011

GOVERNMENT SPENDING

The idea that Obama is responsible for massive government spending in his term thus far is simply not true:

The Mythical Obama Spending Binge | The New Republic

The Truth About Who's Responsible For Our Massive Budget Deficit - Business Insider

GREAT POST!

Love the multiple, overlapping sources.

It's stuff like this that the right NEVER PRODUCES. They don't EVER empirically demonstrate the correlation between their policies and the real world. I know why too, it's because they're abysmal. Look at wages since the ascendency of Conservatism in the 80's. Stagnant. Look at income distribution...more slanted toward the rich. Like they NEED more of an advantage? Being rich isn't advantage ENOUGH already?

 

[Decepticon]

Barney Frank on Fannie Mae and Freddie Mac Prior to Collapse

Here is 2003 video testimony from the current chairman of the House Financial Services Committee, Barney Frank, on the solvency of Fannie Mae and Freddie Mac. Frank is quick to point out that he believes, despite increasing evidence to the contrary, that Fannie Mae and Freddie Mac are "fundamentally sound, financially." Although the Believability Meter shows Frank to be sincere, the subsequent collapse of the two mortgage giants showed him to be sincerely dead wrong.

But perhaps the most surreal part of this video clip is the Believability Meter's reaction when Frank brazenly claims that, even if there were a problem, "the federal government doesn't bail [Fannie Mae and Freddie Mac] out." Except, of course, until the federal government did exactly that late last year.

The Believability Meter knew all along that Barney Frank was playing with a stacked deck. Now, he has successfully used the political leverage of "affordable housing" to shift blame for the crisis from himself to greedy bankers on Wall Street. Do you think politicians like Barney Frank are the exception or the rule on Capitol Hill?

Dear idiot, they were sound in that year.


How was Franks to know what the right was going to allow to be done by the lenders in the coming years?

uh....

Pay attention to his responsibilities as a congressperson and overseer of FM and FM?

Or was that asking too much of him.

Where was Newt Gingrich in all this? WHY DIDN'T HE SAY SOMETHING?

 

[PLYMCO_PILGRIM]

ECONOMIC WOES

We have had 22 months of private sector job growth. A factor for that is the success of Obama's stimulus plan. And while It may be true that the unemployment rate is higher now than when Obama took office, we were losing 100,000's of more jobs per month under Bush than Obama.

There is also no proof that Obama's policies can be directly attributed to the current unemployment rate. Take regulations, for example:

Do regulations curtail job growth? | Decisions Based on Evidence

the number of layoffs nationwide caused by government regulation is minuscule and shows no evidence of getting worse during the Obama administration.

Do Regulations Really Kill Jobs Overall? Not So Much - ProPublica

Table 2. Reason for layoff: Extended mass layoff events, separations, and initial claimants for unemployment insurance, private nonfarm sector, selected quarters, 2010 and 2011

GOVERNMENT SPENDING

The idea that Obama is responsible for massive government spending in his term thus far is simply not true:

The Mythical Obama Spending Binge | The New Republic

The Truth About Who's Responsible For Our Massive Budget Deficit - Business Insider

GREAT POST!

Love the multiple, overlapping sources.

It's stuff like this that the right NEVER PRODUCES. They don't EVER empirically demonstrate the correlation between their policies and the real world. I know why too, it's because they're abysmal. Look at wages since the ascendency of Conservatism in the 80's. Stagnant. Look at income distribution...more slanted toward the rich. Like they NEED more of an advantage? Being rich isn't advantage ENOUGH already?

The problem is 2 things here.

1) The NET jobs in the USA is almost 2 million less than the day obama took office while our total population as a country has increased

2) OBama signed obamacare and the stimulus which have contributed to the largest amount of debt added to the national debt by any president in just over 3 years in office. The very thing he claimed bush was unpatriotic for doing he has done at double the rate bush did it.

 

[Article 15]

ECONOMIC WOES

We have had 22 months of private sector job growth. A factor for that is the success of Obama's stimulus plan. And while It may be true that the unemployment rate is higher now than when Obama took office, we were losing 100,000's of more jobs per month under Bush than Obama.

There is also no proof that Obama's policies can be directly attributed to the current unemployment rate. Take regulations, for example:

Do regulations curtail job growth? | Decisions Based on Evidence



Do Regulations Really Kill Jobs Overall? Not So Much - ProPublica

Table 2. Reason for layoff: Extended mass layoff events, separations, and initial claimants for unemployment insurance, private nonfarm sector, selected quarters, 2010 and 2011

GOVERNMENT SPENDING

The idea that Obama is responsible for massive government spending in his term thus far is simply not true:

The Mythical Obama Spending Binge | The New Republic

The Truth About Who's Responsible For Our Massive Budget Deficit - Business Insider

Liberals were never very good at math.

Math is based 100% on logic.

Thats why liberals are never really very good at math.

I'm damn good at math.

 

[Jarhead]

Dear idiot, they were sound in that year.


How was Franks to know what the right was going to allow to be done by the lenders in the coming years?

uh....

Pay attention to his responsibilities as a congressperson and overseer of FM and FM?

Or was that asking too much of him.

Where was Newt Gingrich in all this? WHY DIDN'T HE SAY SOMETHING?

He was noit being paid by the taxpayer to monitor the activities of FM and FM.

Why do you divert away from the fact that one of our paid elected officials who had the responsibility to make sure crap dosnt happen, didnt make sure it didnt happen?

And how do you know that Gingrich didnt tell FM and FM that issues were brewing?

FYI...if you know anything about private consulting...it is exactly that...private. He would be liable for a breach of contract if he were to consult with FM and release his findings to the public.

Jeez......what a diversion from the Frank issue.

 

[Oldstyle]

Most ordinary people don't use liberal opinions to decide whether the economy is doing well or not. They look at their own lives. That's where obama has his biggest problem. Too many people are not doing well. obama knows this. He just wants the public to direct their attention from HIS policies to a class war where the only reason why people aren't doing better is because the rich won't give them more.

Couldn't agree more. I guarantee that there were people cursing at their TV sets when Obama claimed that America was back! There are millions of Americans right now that either can't find a job at all or have been forced to take a part time job or one that pays half what they used to make because this President doesn't have a plan to get the American economy going again. They were burning up their life savings while Barry jetted off to Martha's Vineyard to play a little golf and work on his "jobs plan". They continue to burn up their savings while Barry campaigns for reelection. If liberals don't think those people were pissed off when that "jobs plan" turned out to be a rehash of the orignal stimulus then they are deluding themselves. If they think that doing nothing for the next eight months while blaming "obstructionists" is going to make those people who are hurting vote for Obama, then they are crazy. Obstructionists? Barry hasn't even met with Republican leaders in over SIX MONTHS!!! Harry Reid has over 30 House bills stacked up on his desk over in the Senate that he won't let go to a vote!!! People want four more years of THAT? Really?

 

[Jarhead]

Liberals were never very good at math.

Math is based 100% on logic.

Thats why liberals are never really very good at math.

I'm damn good at math.

yeah...that borad brush I used was inapproapriate.

Many PARTISAN people on the left are not very good at math....or perhaps they tend to ignore the logic of math

 

[Quantum Windbag]

ECONOMIC WOES

We have had 22 months of private sector job growth. A factor for that is the success of Obama's stimulus plan. And while It may be true that the unemployment rate is higher now than when Obama took office, we were losing 100,000's of more jobs per month under Bush than Obama.

There is also no proof that Obama's policies can be directly attributed to the current unemployment rate. Take regulations, for example:

Do regulations curtail job growth? | Decisions Based on Evidence

the number of layoffs nationwide caused by government regulation is minuscule and shows no evidence of getting worse during the Obama administration.

Do Regulations Really Kill Jobs Overall? Not So Much - ProPublica

Table 2. Reason for layoff: Extended mass layoff events, separations, and initial claimants for unemployment insurance, private nonfarm sector, selected quarters, 2010 and 2011

You need to tell Obama he is getting it wrong then, he thinks regulations cost jobs.

GOVERNMENT SPENDING

The idea that Obama is responsible for massive government spending in his term thus far is simply not true:

The Mythical Obama Spending Binge | The New Republic

The Truth About Who's Responsible For Our Massive Budget Deficit - Business Insider

Obama is responsible for what the bills he signs, even if you want to blame Bush. The budget for this year alone is almost $4 trillion.

 

[Political Junky]

Okay, guy, nice try.

First, 22 months of limp growth because companies just don't want to hire unless they absolutely have to isn't a matter of pride.

Second, Obama has presided over 6 trillion in new debt in three years. That's a terrible state of affairs.

6.7 trillion, actually...

US Federal Debt by Year - Charts Tables History
Recent US Federal Debt Numbers

FY 2012 $16.7 trillion
FY 2011 $15.5 trillion
FY 2010 $13.5 trillion
FY 2009 $11.9 trillion
FY 2008 $10.0 trillion

Billy wouldn't know a fact if it bit his ass.

President Obama added the cost of two wars, and Medicare D to the budget, which Bush had done under the table. That adds up.

 

[Stephanie]

Okay, guy, nice try.

First, 22 months of limp growth because companies just don't want to hire unless they absolutely have to isn't a matter of pride.

Second, Obama has presided over 6 trillion in new debt in three years. That's a terrible state of affairs.

6.7 trillion, actually...

US Federal Debt by Year - Charts Tables History
Recent US Federal Debt Numbers

FY 2012 $16.7 trillion
FY 2011 $15.5 trillion
FY 2010 $13.5 trillion
FY 2009 $11.9 trillion
FY 2008 $10.0 trillion

Billy wouldn't know a fact if it bit his ass.

President Obama added the cost of two wars, and Medicare D to the budget, which Bush had done under the table. That adds up.

what budget?

 

[PLYMCO_PILGRIM]

6.7 trillion, actually...

US Federal Debt by Year - Charts Tables History
Recent US Federal Debt Numbers


Billy wouldn't know a fact if it bit his ass.

President Obama added the cost of two wars, and Medicare D to the budget, which Bush had done under the table. That adds up.

what budget?

Democrat-Controlled Senate Hasn’t Passed a Budget in 1000 Days