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Right wing lie. Besides, unemployment rate was already over 8% when the law was signed. But then, right wingers hate facts.
BTW, isn't it a right wing talking point that we're still in a recession? (Some actually say we're in a depression). No?
Not a lie. Unemployment in January 2009 was 7.6 percent. Stimulus signed mid-February. So while Obama was pimping the "we HAVE to pass this so unemployment doesn't go over" it was not yet 8 percent. Then it did.
Year leading up to the point isnt the topic. Cant you stay focused and celebrate president failures accomplishments on their own?
There is no right wing lie as you proclaimed. Are you seriously going to sit here and tell me that Obama didnt push the stimulus based upon the unemployment numbers being higher than 8%?
Well, being someone who values perspective, and prefer to go deeper than a superficial touch of "facts", you're guaranteed that aspect in my posts. Now, I understand why you'd hate it, but hey, just take for what they are... reality check. In my book, failure is a relative, and accusations demand perspective. Relentless whining, doesn't require any of that, however. So, you go about doing what you're best at.
And I sure hope you didn't take Bush's claim on tax cuts being the way to debt being paid off by 2010, did you?
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Originally Posted by ringwise
Not a lie. Unemployment in January 2009 was 7.6 percent. Stimulus signed mid-February. So while Obama was pimping the "we HAVE to pass this so unemployment doesn't go over" it was not yet 8 percent. Then it did.
So yes, Obama lied.
While I would like to see President's words verbatim (in other words, source please), ARRA wasn't going to do anything until he signed it, and surely for not months to come, and he did sign it in third week of February when UE was already above 8%. An honest argument will not downplay that fact.
Last edited by EinsteinsGhost; 12-01-2011 at 02:39 PM..
We are not out of recession and never were, the dupes that think so are prone to believe phoney stats and definitions. Lets take the word recession as defined by the experts that expectantly miss their predictions like clock work :
Lets take the stock market, have you ever noticed when Uncle Ben is printing money there is a rally ? Ask your self this, with out that factor where would the stock market be today? My guess, way down.
Next a decline in the housing market, do I have to even go there?
How about UE :
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The unemployment rate in the United States reached 25% during the Great Depression. The government manipulated fictional unemployment rate reported to the public by drones at the BLS is currently 9.0%. They conveniently ignore the millions of people who have given up looking for work and those who have taken jobs as part-time pickle ploppers at McDonalds, when they previously assembled automobiles at GM. The true number of unemployed/underemployed is 23%.
Since 2007, unemployment has officially gone up by 7 million. In reality, the same percentage of the working age population should be employed today as in 2007 (63%). Since only 58.4% of the working age population is employed today (lowest since 1983), another 4 million needs to be added to the official unemployment tally. The fact is there are 240 million working age Americans and only 140 million are employed. This means there are 100 million working age Americans not working, but our government only classifies 14 million of them as unemployed. There is certainly millions of stay at home moms, students, and legitimately disabled among the 86 million people classified as not in the labor force, but you can’t tell me that another 20 to 30 million of these people couldn’t or wouldn’t work if given the opportunity.
AS I have said many times the parties are alike and so are their partisans. I recall {R} posters thumping their chest how we were out of the recession before Obama's stimulus No we are not out of the recession it is just being papered over.
The unemployment argument based on percentages right now is a bogus argument.
When we are referring to 9% - 9% of what number? And is that number the same today as it was it 2009? Because 9% of 500,000 is different than 9% of 1 million in raw numbers. That's an exaggerated example, but in that case - two times the number of people would be unemployed even though the rate is till 9%.
Does anyone know the base number of jobs they are taking these percentages from before I go looking it up?
Well, being someone who values perspective, and prefer to go deeper than a superficial touch of "facts", you're guaranteed that aspect in my posts. Now, I understand why you'd hate it, but hey, just take for what they are... reality check. In my book, failure is a relative, and accusations demand perspective. Relentless whining, doesn't require any of that, however. So, you go about doing what you're best at.
And I sure hope you didn't take Bush's claim on tax cuts being the way to debt being paid off by 2010, did you?
Bushs claims on tax cuts arent the discussion, and you are correct, accusations demand perspective. Hows millions more unemployed enter into your perspective?
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Originally Posted by EinsteinsGhost
While I would like to see President's words verbatim (in other words, source please), ARRA wasn't going to do anything until he signed it, and surely for not months to come, and he did sign it in third week of February when UE was already above 8%. An honest argument will not downplay that fact.
Wait, you just sat here and called these claims a lie, now you are admitting you dont have a clue about what was said..
Stop rushing in to defend failure if you dont know what you are talking about
Officially, the Great Recession ended in 2009. Obama has been quick to tout this fact in order to propogate and perpetuate his ongoing fiscal policies. Afterall, the President does need a tinge of good news to sell to voters considering he's wasted trillions of dollars and has zero tangible benefits to show the nation. Case in point: Unemployment is still above the much touted 8% level that he used to push the failed Stimulus.
So, now we have the President saying we're not fully out of the recession. Is the President conceding that his fiscal policies are a failure, or did he slip up?
Wow, what an imbecile. I guess he would like people to think this is the same 2007 recession, the one that didn't end in June 2009, BEFORE any of his failed stimulus went out the door......but I doubt very much the GOP/RNC and conservative groups will allow him to get away with the lie.
there is no recession and recovery. its a contraction. w/o reducing the debt its all a tap dance. bill clinton reduced the national debt 1/3.
old bush and obama, the bobsy twins, increased it from 3 trillion to 14. dont mess with bill.
Bushs claims on tax cuts arent the discussion, and you are correct, accusations demand perspective. Hows millions more unemployed enter into your perspective?
They should be. After all, they were supposed to create an economy with job growth, debt pay off and off to surplus. Yet, they were just the beginning of a mess that brings us to this day.
I couldn't have expected a different result with lost eight years of job growth. But then, I am trying to engage with someone who prefers hopping around without any intention to look at causes... whiners do that.
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Wait, you just sat here and called these claims a lie, now you are admitting you dont have a clue about what was said..
Is it wrong to ask for source that I can't recall hearing? So yeah, provide clues to the clueless, as demanded. Thank you.
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Stop rushing in to defend failure if you dont know what you are talking about
I'm defending logic. I'm defending need for perspective from relentless whiners.
Officially, the Great Recession ended in 2009. Obama has been quick to tout this fact in order to propogate and perpetuate his ongoing fiscal policies. Afterall, the President does need a tinge of good news to sell to voters considering he's wasted trillions of dollars and has zero tangible benefits to show the nation. Case in point: Unemployment is still above the much touted 8% level that he used to push the failed Stimulus.
So, now we have the President saying we're not fully out of the recession. Is the President conceding that his fiscal policies are a failure, or did he slip up?
Confused is not the descriptive term that I would use.
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