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Location: NY-NJ-Philly looks down at SF and laughs at the hippies
1,144 posts, read 1,297,318 times
Reputation: 432
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In my opinion, the economy started going downhill around four months while Bush was still president. Therefore, it's the next president's job to fix whatever Bush has messed up, which in this case is the economy. Obama has failed to turn the economy around and there is no other person for him to blame but himself.
The current state of the American economy can be traced back to Reaganomics, when the manufacturing industry was destroyed in favor of stock market yuppies.
Why are you angry? It is your reasoning that brought you to this position. You could evaluate the errors in your reasoning and correct them, or you could stomp off mad proclaiming yourself correct. The latter will just end up resulting in your future discussions being disregarded as emotional rhetoric.
ah, ok...
now... would you care to answer the question in our conversation? Or are you continuing to evade that? This is the 3rd time I asked you to answer a very simple and honest set of questions. I answered your questions, you have refused to answer mine.
I will provide them again for you in case you have trouble finding it:
Quote:
Originally Posted by Nomander
So how did Obama's stimulus bill spending (which was absurdly high), his healthcare bill, and his buyout and loss on private companies help the issue?
What was the debt at before he got into office? What is it at now? Explain to me how that spending helped any at all? I mean, especially if we are going to blame bush for running up the bills, how did Obama's spending help resolve the issue?
Is this getting old or what? He has nothing, so he blames Europe and George Bush. He doesn't have a clue as to what to do. He's like a ship without a rudder, circling in the ocean.
What a loser.
WASHINGTON (Reuters) - President Barack Obama said on Monday he inherited many of the country's problems with high debt and deficits when he entered the White House, sounding a theme likely to dominate his 2012 re-election campaign.
Speaking at a Democratic fundraiser, where families paid $15,000 to get a picture with him, Obama defended his economic record and noted that problems in Europe were affecting the United States.
"We do have a serious problem in terms of debt and deficit, and much of it I inherited," Obama said. The financial crisis, he said, made the problem worse.
When he ran he said HE could fix things.
Either he didn't understand the problem or he was lying.
wow, so how do you remember things were Bush? Are you saying that 8 years of annihilating our economy can be fixed in just 2.5 years. I did not elect Jesus Christ or Zeus, I elected a human being that I believe has the right attitude and leadership to start turning things around. Am I happy with him right now? NO, but do I beleive he can eventually turn this sinking ship into a buoyant sustainable economy?..yes I do.
I'll take Bush back any day:
"Publication: Business Wire
Date: Friday, January 4 2008
More Than 8.3 Million Jobs Created Since August 2003 In Longest Continuous Run Of Job Growth On Record
WASHINGTON -- Today, the Bureau of Labor Statistics released new jobs figures - 18,000 jobs created in December. Since August 2003, more than 8.3 million jobs have been created, with more than 1.3 million jobs created throughout 2007. Our economy has now added jobs for 52 straight months - the longest period of uninterrupted job growth on record. The unemployment rate remains low at 5 percent. The U.S. economy benefits from a solid foundation, but we cannot take economic growth for granted and economic indicators have become increasingly mixed. President Bush will continue working with Congress to address the challenges our economy faces and help facilitate long-term economic growth, job growth, and better standards of living for all Americans.
The U.S. Economy Benefits From A Solid Foundation
* Real GDP grew at a strong 4.9 percent annual rate in the third quarter of 2007. The economy has now experienced six years of uninterrupted growth, averaging 2.8 percent a year since 2001.
* Real after-tax per capita personal income has risen by 11.7 percent - an average of more than $3,550 per person - since President Bush took office.
* Over the course of this Administration, productivity growth has averaged 2.6 percent per year. This growth is well above average productivity growth in the 1990s, 1980s, and 1970s."
If the big bad wolf blew down your house of Sticks, and you gonna solve the problem by building a house of Straw instead...cost less...ignores the problem until it happens again...who knows, the big bad wolf might get a heart attack on the way to your straw house to burn it down. Of course not, you invest money for the future and buy the Bricks. It cost money to clean up all the mess even before you can buy the bricks. Decide not to invest, you would be one dead piggy.
Whatever you say, dude. But throwing gasoline on a fire is not an investment.
But if you have to blame somebody, let's just blame George Washington.... he started this mess.
Regardless of whose fault it is, losers blame others rather than focus on fixing problems.
"Publication: Business Wire
Date: Friday, January 4 2008
More Than 8.3 Million Jobs Created Since August 2003 In Longest Continuous Run Of Job Growth On Record
WASHINGTON -- Today, the Bureau of Labor Statistics released new jobs figures - 18,000 jobs created in December. Since August 2003, more than 8.3 million jobs have been created, with more than 1.3 million jobs created throughout 2007. Our economy has now added jobs for 52 straight months - the longest period of uninterrupted job growth on record. The unemployment rate remains low at 5 percent. The U.S. economy benefits from a solid foundation, but we cannot take economic growth for granted and economic indicators have become increasingly mixed. President Bush will continue working with Congress to address the challenges our economy faces and help facilitate long-term economic growth, job growth, and better standards of living for all Americans.
The U.S. Economy Benefits From A Solid Foundation
* Real GDP grew at a strong 4.9 percent annual rate in the third quarter of 2007. The economy has now experienced six years of uninterrupted growth, averaging 2.8 percent a year since 2001.
* Real after-tax per capita personal income has risen by 11.7 percent - an average of more than $3,550 per person - since President Bush took office.
* Over the course of this Administration, productivity growth has averaged 2.6 percent per year. This growth is well above average productivity growth in the 1990s, 1980s, and 1970s."
Personally, I'd take Clinton back with open arms. Ah, the good 'ol days.
"Publication: Business Wire
Date: Friday, January 4 2008
More Than 8.3 Million Jobs Created Since August 2003 In Longest Continuous Run Of Job Growth On Record
WASHINGTON -- Today, the Bureau of Labor Statistics released new jobs figures - 18,000 jobs created in December. Since August 2003, more than 8.3 million jobs have been created, with more than 1.3 million jobs created throughout 2007. Our economy has now added jobs for 52 straight months - the longest period of uninterrupted job growth on record. The unemployment rate remains low at 5 percent. The U.S. economy benefits from a solid foundation, but we cannot take economic growth for granted and economic indicators have become increasingly mixed. President Bush will continue working with Congress to address the challenges our economy faces and help facilitate long-term economic growth, job growth, and better standards of living for all Americans.
The U.S. Economy Benefits From A Solid Foundation
* Real GDP grew at a strong 4.9 percent annual rate in the third quarter of 2007. The economy has now experienced six years of uninterrupted growth, averaging 2.8 percent a year since 2001.
* Real after-tax per capita personal income has risen by 11.7 percent - an average of more than $3,550 per person - since President Bush took office.
* Over the course of this Administration, productivity growth has averaged 2.6 percent per year. This growth is well above average productivity growth in the 1990s, 1980s, and 1970s."
Those were the good old days. Now we have higher costs, lower wages, bigger deficits, never ending wars and zero leadership.
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