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Old 09-26-2011, 09:36 AM
 
Location: Long Island, NY
19,792 posts, read 13,951,723 times
Reputation: 5661

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Quote:
Originally Posted by Arjay51 View Post
NEWS FLASH: 0-bama has had two and a half years to impact the situation that he "inherited" (more of the leaders blame game). The situation has not improved. In point of fact it has gotten worse.

Just keep drinking that 0-bama koolaid and don't look around. You will feel more secure.
Two and a half years of complete GOP obstructing his agenda.

Quote:
Bret Baier asked him if he stands by his previous statement that “the single most important thing we want to achieve is for President Obama to be a one-term President.” McConnell confirmed that his goal remains unchanged. link


The GOP is like the guy who kicks the runner in the knees then complains that the runner is limping.
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Old 09-26-2011, 09:49 AM
 
15 posts, read 11,651 times
Reputation: 24
MTA, yes, I agree there should be a social safety net, and I have no desire to completely gut it. But they existed before Obama, so why he gets credit for them I have no idea.

His stimulus package undid the successful welfare reform from the 90's, which even Bill Clinton runs around taking credit for (even though he vetoed it twice). The social safety net is only sustainable if there are rational rules governing it, which Obama has deconstructed in order to get as many people on one of the 77 means tested federal welfare programs as possible.

Obama has been an absolute nightmare for this economy. Yes, he inherited a recession, but so did Bush, so did Reagan, and going back a little further, so did the Harding/Coolidge administration, and we got out of it, without the Republican president constantly whining about the previous Democratic administration.

Destroying the economy further is not an accomplishment, even if Obama has supported welfare spending to mitigate the damage to people. The purpose is to create jobs, not to increase welfare spending. I think you realize that and you're just defending your guy.
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Old 09-26-2011, 09:52 AM
 
15 posts, read 11,651 times
Reputation: 24
Obama wanted Dodd-Frank...he got it.

Obama wanted Obamacare...he got it.

Obama wanted the stimulus package...he got it.

Obama wanted cap and trade...he didn't get it by vote, but he's doing it through the backdoor using executive level regulation.

What exactly has been obstructed? lol...they may have tried to obstruct it, but in the end, Obama got everything he wanted, he got all the massive spending he wanted, and he's been a miserable failure. By still refusing to accept what a crap president Obama is, otherwise bright people are shredding their intellectual credibility.
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Old 09-26-2011, 10:00 AM
 
Location: Long Island, NY
19,792 posts, read 13,951,723 times
Reputation: 5661
Quote:
Originally Posted by TheYanksAreComin View Post
Obama wanted Dodd-Frank...he got it.

Obama wanted Obamacare...he got it.

Obama wanted the stimulus package...he got it.
All of the above in reduced form to win Republican votes, which he never got. Obama also wanted a 2nd stimulus and it got nowhere.

On blaming his predecessor, he has company:

From Reagan's 1983 State of the Union, when unemployment was 10.8%:

Quote:
"The problems we inherited were far worse than most inside and out of government had expected; the recession was deeper than most inside and out of government had predicted. Curing those problems has taken more time and a higher toll than any of us wanted."
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Old 09-26-2011, 10:13 AM
 
15 posts, read 11,651 times
Reputation: 24
One quote? Big deal lol. Reagan turned around the economy and very rarely talked about Carter. Compare Reagan's one or two quotes to Obama and his supporters doing it pretty much every day. Then compare the fact that Reagan helped fix the problem he inherited, while Obama made his problem far worse.

And how exactly does Obama bear no responsibility for the state of the economy before he became President? Guess who ranked in money from Fannie Mae and Freddie Mac? Yes, that's right, Obama, because nobody pushed harder for subprime mortgages. Obama, Fannie Mae, Freddie Mac, Campaign contributions, Mortgage crisis, Lobbyists, Truth about Obama, More Obama lies | Citizen WElls

The very same ones that made a handful of executives rich, and helped bring down the house. While Obama was busy accusing people of racism if they wanted to right in the out of control GSE's, Bush is on record over 50 times warning off Fannie and Freddie. Setting the Record Straight: Six Years of Unheeded Warnings for GSE Reform

As far as the deficits under Bush, yes, they were bad, and there are no excuses for Bush. But guess what? The two largest deficits occured, and the economy first started to tank, after the Democrats took back Congress.

I admire your "stand by my guy" philosophy, but why don't you stop following Obama off a cliff.
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Old 09-26-2011, 11:03 AM
 
Location: Long Island, NY
19,792 posts, read 13,951,723 times
Reputation: 5661
Quote:
Originally Posted by TheYanksAreComin View Post
One quote? Big deal lol. Reagan turned around the economy and very rarely talked about Carter. Compare Reagan's one or two quotes to Obama and his supporters doing it pretty much every day. Then compare the fact that Reagan helped fix the problem he inherited, while Obama made his problem far worse.

And how exactly does Obama bear no responsibility for the state of the economy before he became President? Guess who ranked in money from Fannie Mae and Freddie Mac? Yes, that's right, Obama, because nobody pushed harder for subprime mortgages. Obama, Fannie Mae, Freddie Mac, Campaign contributions, Mortgage crisis, Lobbyists, Truth about Obama, More Obama lies | Citizen WElls

The very same ones that made a handful of executives rich, and helped bring down the house. While Obama was busy accusing people of racism if they wanted to right in the out of control GSE's, Bush is on record over 50 times warning off Fannie and Freddie. Setting the Record Straight: Six Years of Unheeded Warnings for GSE Reform

As far as the deficits under Bush, yes, they were bad, and there are no excuses for Bush. But guess what? The two largest deficits occured, and the economy first started to tank, after the Democrats took back Congress.

I admire your "stand by my guy" philosophy, but why don't you stop following Obama off a cliff.
There are so many erroneous statements here it's hard to decide where to start.

It's a GOP talking point to blame the economic downturn on the Democrats via Fanny Mae. The reality is that they were minor players in the market.

Over at The Big Picture, David Min has a terrific takedown of the claim that Fannie and Freddie caused the housing bubble. Every time you hear or read someone claiming that Fannie and Freddie were responsible for large amounts of subprime/risky lending, you should remember that this is based on essentially phony numbers: people at AEI invented their own definition of subprime, which isn’t the standard definition, and, more important, doesn’t work: the supposedly high-risk loans that F&F were making or buying were, demonstrably, not actually high-risk:



On the claim that the Democrats caused the deficits under Bush, it forgets the years that the Republicans were in charge were exactly the same and it forgets that the President presents the department's proposed budget to Congress. The Democrats made no efforts to increase the budget. This is just a bogus talking point.

How exactly did Reagan turn around the economy? I know about the claim, quite common on the right, that the US economy was stagnant until Reagan came around and lowered taxes to 50% but it wasn't as good as you remember and it ushered in the period of stagnant wages for everyone but the rich. But the narrative that growth was amazingly high under Reagan isn't true either. Reagan's economic growth is no better than Carter's and less than Clinton's:

From Ezra Klein:

http://blog.prospect.org/blog/ezraklein/GDPgrowthresized.jpg (broken link)

The reality, of course, was that the Fed was responsible for the recovery. The Fed drove up interest rates to double-digits causing the recession and when it loosened its tight money policy the economy sprang into recovery.
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Old 09-26-2011, 12:57 PM
 
5,696 posts, read 6,208,954 times
Reputation: 1944
Quote:
Originally Posted by MTAtech View Post
NEWS FLASH: During an economic downturn, which Obama inherited, unemployment rises and the number of of people applying for Food Stamps increases. Thank God and Johnson that we have these programs that the GOP would have gutted had they had the chance.

Fortunately, safety-net programs have at least mitigated that damage -- notably, uninsurance among children has actually fallen thanks to Obama passing SCHIP. Medicaid and unemployment insurance has literally kept millions above the poverty line, and the early features of the Affordable Care Act have helped hundreds of thousands of young adults retain insurance. Of course, we won't hear the OP thanking Obama for that.
ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ
yaadddaaa
yaaaddddaaa
yaaadaaaa

please come up with a new spinn
this one is old, worn out, and plain silly!!:shocked :
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Old 09-26-2011, 01:03 PM
 
Location: #
9,598 posts, read 16,568,283 times
Reputation: 6324
There's no reason for him to run on his record as the Republicans thus far appear to want to allow Obama to run against his opponent. If you were Obama, wouldn't you do the same thing?
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Old 09-26-2011, 01:11 PM
 
5,391 posts, read 7,231,338 times
Reputation: 2857
Quote:
Originally Posted by georgia dem View Post
ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ
yaadddaaa
yaaaddddaaa
yaaadaaaa

please come up with a new spinn
this one is old, worn out, and plain silly!!:shocked :
Did you have something to say, or is that a modem connection string?
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Old 09-26-2011, 01:37 PM
 
Location: Long Island, NY
19,792 posts, read 13,951,723 times
Reputation: 5661
Quote:
Originally Posted by georgia dem View Post
ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ
yaadddaaa
yaaaddddaaa
yaaadaaaa

please come up with a new spinn
this one is old, worn out, and plain silly!!:shocked :
Why don't you add some value to the discussion instead of using self-serving declarations? I don't see facts and evidence as being "silly." If you disagree, it's up to you to show is where I'm wrong instead of declaring me wrong as if you are the ultimate judge.
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