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Old 08-08-2009, 11:08 PM
 
Location: SARASOTA, FLORIDA
11,486 posts, read 15,303,886 times
Reputation: 4894

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Quote:
Originally Posted by LordBalfor View Post
The policies that helped produce the issue may have been put in place under Clinton but the fact remains that Bush had EIGHT LONG YEARS to recognize the fact that the policy was being abused - and yet he did NOTHING about it. Wasn't it it HIS job to monitor the situation? He WAS the PRESIDENT after all wasn't he?
This was TYPICAL of Bush. He never paid attention to anything.
He didn't pay attention to the fact that Iraq was unraveling.
He didn't pay attention to the fact that the FEMA relief situation after Katrina was deteriorating.
He didn't pay attention that the housing crises had morphed into a fiscal crises and was bringing the entire economy down.
He didn't pay attention to ANYTHING.
He was a LAZY President who showed the same behavior over and over again - he made a decision and then simply left everything on "autopilot" without bothering to monitor the situation and take corrective action if necessary.
Quite simply, the clown did a LOUSY JOB - not just once, but over and over again (pretty much with everything he touched).



Oh, yeah - things are getting worse.
The stock market is up 50% from it's lows.
Job cuts have fallen from 750,000 in January to about 1/3 of that in July.
Housing prices have stabilized and are now rising.
Yup - things are getting worse and worse.



Not "mine" specifically, but Obama's?
Yeah it's Obama's.
It's his because he's President now - but it being his economy NOW doesn't mean he brought it about.
Every President inherits things from his predecessor - and Obama inherited a MESS.
And THAT'S a fact - no matter how you may try and weasel out of it.



Obama will get the credit because Obama will have EARNED the credit.
Bush has earned scorn.

Ken
So you do have a double standard then. I thought you said you did not. Now you just posted you do.

How can Obama get any credit for anything if as YOU say the current President inherits things, then if and when it does recover it will be Bush who earned it.

Obama couldnt wipe Bush's ass right, he is that low and bad.
Maybe he can work for the Bush family once he is out of the WH!

How does it feel to have voted for a man who has almost ruined an entire country in only 8 months?

Obama has degraded the office so bad it is embarrassing.
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Old 08-08-2009, 11:47 PM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,324,704 times
Reputation: 7627
Quote:
Originally Posted by Sunny-Days90 View Post
So you do have a double standard then. I thought you said you did not. Now you just posted you do.
What on earth are you talking about?
What double standard?

Quote:
Originally Posted by Sunny-Days90 View Post
How can Obama get any credit for anything if as YOU say the current President inherits things, then if and when it does recover it will be Bush who earned it.
LOL
Obama will deserve the credit because he inherited a mess and is fixing it.
How the H*ll do figure Bush deserves any of the credit for what Obama does to fix the mess Bush left him? What the heck kind of logic is that?
Too weird dude (or dudette)!!


Quote:
Originally Posted by Sunny-Days90 View Post
Obama couldnt wipe Bush's ass right, he is that low and bad.
Maybe he can work for the Bush family once he is out of the WH!
I doubt Obama would like to wipe Bush's ass.
If Bush is unable to do for himself, maybe you should volunteer - since you seem intent on kissing it so much. I mean after all, even among the GOP Bush's standing is not exactly stellar anymore - heck virtually no one in the GOP was even interested in trying to get the guy to campaign for them in the 08 election - in fact, they tried hard to separate themselves from him and his policies. Imagine that - he was the sitting President and members of his own party were trying to distance themselves from him. What does THAT tell you about the job he did?

Quote:
Originally Posted by Sunny-Days90 View Post
How can Obama get any credit for anything if as YOU say the current President inherits things, then if and when it does recover it will be Bush who earned it.
LOL
Obama will deserve the credit because he inherited a mess and is fixing it.
How the H*ll do figure Bush deserves any of the credit for what Obama does to fix the mess Bush left him? What the heck kind of logic is that?
Too weird dude (or dudette)!!


Quote:
Originally Posted by Sunny-Days90 View Post
How does it feel to have voted for a man who has almost ruined an entire country in only 8 months?
It didn't take 8 months to ruin the country. It took 8 years - so why don't YOU tell how it feels to have voted for a man who ruined the country?

Quote:
Originally Posted by Sunny-Days90 View Post
Obama has degraded the office so bad it is embarrassing.


Surrrrrrrrrrrrrrre

LOL

Ken
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Old 08-09-2009, 03:21 PM
 
4,176 posts, read 6,333,845 times
Reputation: 1874
Quote:
Originally Posted by compJockey View Post
You try to claim an unexpected drop in the unemployment rate is not good news?

THAT is spin, R2M
The unemployment rate only dropped b/c the impact of the decrease in size of the labor force more than offset the net 247 K jobs we lost. There are still 247,000 fewer jobs in America now than there were one month earlier. Keep in mind, we need a modest increase in jobs each month just to maintain the unemployment rate thanks to growth in workforce size.

There are millions of people without work who are not actively seeking work or who have been looking for work so long they are not counted in U3, which is the BLS' official unemployment statistics. The true unemployment measure is called U6. If people shift from not being counted in U3 and being counted in U6 (causing U6 to rise and U3 to decrease), that's not necessarily a good thing. We will consider a dip in the UE rate good news if it accompanied by a net increase in the number of jobs larger than the baseline amount needed to keep up with growth in the size of the workforce.

The loss of 247 K jobs was significant, but in the sense that it is a bad number and also in the sense that it is an improvement from what we were seeing in late '08 and early '09. But, the 0.1% drop in the UE rate means little esp in light of the fact that we saw a net job LOSS (of nearly a quarter million) the previous month.
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Old 08-09-2009, 06:44 PM
 
2,661 posts, read 2,902,996 times
Reputation: 366
Quote:
Originally Posted by LIS123 View Post
The unemployment rate only dropped b/c the impact of the decrease in size of the labor force more than offset the net 247 K jobs we lost. There are still 247,000 fewer jobs in America now than there were one month earlier. Keep in mind, we need a modest increase in jobs each month just to maintain the unemployment rate thanks to growth in workforce size.

There are millions of people without work who are not actively seeking work or who have been looking for work so long they are not counted in U3, which is the BLS' official unemployment statistics. The true unemployment measure is called U6. If people shift from not being counted in U3 and being counted in U6 (causing U6 to rise and U3 to decrease), that's not necessarily a good thing. We will consider a dip in the UE rate good news if it accompanied by a net increase in the number of jobs larger than the baseline amount needed to keep up with growth in the size of the workforce.

The loss of 247 K jobs was significant, but in the sense that it is a bad number and also in the sense that it is an improvement from what we were seeing in late '08 and early '09. But, the 0.1% drop in the UE rate means little esp in light of the fact that we saw a net job LOSS (of nearly a quarter million) the previous month.
It was expected we'd shed more jobs than we did.

Its good news, plain and simple.
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Old 08-09-2009, 09:27 PM
 
4,176 posts, read 6,333,845 times
Reputation: 1874
Quote:
Originally Posted by compJockey View Post
It was expected we'd shed more jobs than we did.

Its good news, plain and simple.
I hope you realize that Obama and Congressional (D)s are proposing policies that will make the Economy WORSE. For example: Cap and Trade, Public Healthcare, increased regulation, higher taxes, EFCA/Card Check, higher spending (which means weaker currency).

If you were trying to destroy the American Economy, you could not do nearly as good a job as Obama and the (D)s in Congress.
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Old 08-09-2009, 09:32 PM
 
2,661 posts, read 2,902,996 times
Reputation: 366
Quote:
Originally Posted by LIS123 View Post
I hope you realize that Obama and Congressional (D)s are proposing policies that will make the Economy WORSE. For example: Cap and Trade, Public Healthcare, increased regulation, higher taxes, EFCA/Card Check, higher spending (which means weaker currency).
Historically democrats spend less than republicans overall.
And more on Defense, strange enough.
Yes, historically higher taxes, but higher growth, lower inflation, and less unemployment.

We do better with a democrat president by a wide margin, historically.

I very much disagree with your crystal ball.
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Old 08-11-2009, 09:19 PM
 
1,162 posts, read 2,107,369 times
Reputation: 360
Gee, on the same day in 2002 when unemployment fell from 7.9 to 7.8, the folks at the new york times didn't think it meant anything good for George Bush. My how things change...
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Old 08-11-2009, 10:04 PM
 
2,661 posts, read 2,902,996 times
Reputation: 366
Quote:
Originally Posted by amcjap View Post
Gee, on the same day in 2002 when unemployment fell from 7.9 to 7.8, the folks at the new york times didn't think it meant anything good for George Bush. My how things change...
Was the country shedding 750,000 jobs / month 6 months prior to that day?

No.
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Old 08-12-2009, 08:40 AM
 
Location: Texas
37,949 posts, read 17,857,724 times
Reputation: 10371
Quote:
Originally Posted by compJockey View Post
It was expected we'd shed more jobs than we did.

Its good news, plain and simple.
lmao Typical spin doctor. I get it now. It's not about the facts it's about predictions. So if the loss wasnt expected only then it would be bad news? 247,000 jobs were lost period.
Are these predictions from the same ones who told us the stimulus package would keep unemployment under 8 percent?

You don't know what you are talking about plain and simple.
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Old 08-12-2009, 09:55 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,324,704 times
Reputation: 7627
Quote:
Originally Posted by Loveshiscountry View Post
lmao Typical spin doctor. I get it now. It's not about the facts it's about predictions. So if the loss wasnt expected only then it would be bad news? 247,000 jobs were lost period.
Are these predictions from the same ones who told us the stimulus package would keep unemployment under 8 percent?

You don't know what you are talking about plain and simple.
The FACT is, the job losses are ending. They are clearly not done YET, but the end is in sight - and based on the fact that the cuts last month were a lot less than anticipated it's quite possible the end of the cuts may come earlier than predicted.

THAT is what is the good news.
It really doesn't take a brain surgeon to understand that.

Ken
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