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Old 02-14-2012, 09:30 PM
 
Location: Marion, IA
2,793 posts, read 6,123,478 times
Reputation: 1613

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Go ahead and say what you will about Bush, but man were those the days. 4% UE and things were roaring. It was easy to get a house. Jobs were so plentiful you could go into anything you wanted in college and land a job coming out. A hell of a lot better than they are now. Do you think we will ever see days like that again?
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Old 02-14-2012, 09:34 PM
 
Location: Holiday, FL
1,571 posts, read 2,000,890 times
Reputation: 1165
Quote:
Originally Posted by zz4guy View Post
Go ahead and say what you will about Bush, but man were those the days. 4% UE and things were roaring. It was easy to get a house. Jobs were so plentiful you could go into anything you wanted in college and land a job coming out. A hell of a lot better than they are now. Do you think we will ever see days like that again?
Not for a couple of decades.
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Old 02-14-2012, 09:42 PM
 
29,407 posts, read 22,005,733 times
Reputation: 5455
Quote:
Originally Posted by zz4guy View Post
Go ahead and say what you will about Bush, but man were those the days. 4% UE and things were roaring. It was easy to get a house. Jobs were so plentiful you could go into anything you wanted in college and land a job coming out. A hell of a lot better than they are now. Do you think we will ever see days like that again?
Yeah and back then that unemployment rate was screamed across the news headlines as being absolutely horrible and unacceptable. Here 8 years later and 8.5% is touted as the work of something only a great leader like Obama could ever accomplish. Amazing aint it?
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Old 02-14-2012, 10:30 PM
 
Location: Texas
5,872 posts, read 8,094,294 times
Reputation: 2971
Quote:
Originally Posted by KUchief25 View Post
Yeah and back then that unemployment rate was screamed across the news headlines as being absolutely horrible and unacceptable. Here 8 years later and 8.5% is touted as the work of something only a great leader like Obama could ever accomplish. Amazing aint it?

5.5% for a "supposedly" booming economy and milk and honey overflowing in everyone's pot. Versus 8.5% from the worst financial and economic disaster brought on by the 2003, 2004 tax cuts and stimulus packages, deregulation and corporate give away's.

Really you CAN see that apples to apples 2004 really was not that good of a situation and that with everything that was hoisted upon the incoming administration 8.5% while not great is better than expected after hanging teir toes over the precipice.
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Old 02-14-2012, 10:44 PM
 
29,407 posts, read 22,005,733 times
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Better than expected????

Not according to the great leader if you recall when he enacted the stimulous he promised unemployment would not top 8%.
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Old 02-15-2012, 02:09 AM
 
3,045 posts, read 3,193,246 times
Reputation: 1307
Quote:
Originally Posted by KUchief25 View Post
Yeah and back then that unemployment rate was screamed across the news headlines as being absolutely horrible and unacceptable. Here 8 years later and 8.5% is touted as the work of something only a great leader like Obama could ever accomplish. Amazing aint it?
That's a load of BS. Please show ANY data where people lament 4% unemployment rates. Most economists would say that is below full employment. Nobody was complaining about 4% unemployment rates. I think your tin foil hat is running a little tight today.

Quote:
Not according to the great leader if you recall when he enacted the stimulous he promised unemployment would not top 8%.
I'll call BS on that too. Please feel free to provide the quote and prove me wrong.

Nobody knew 100% of where the jobless rate was going but up. The stimulus plan did work.

Sadly, many people are too simple to understand that economic stimulus can be working even while the unemployment rate is rising.

Perhaps instead of getting emotional at the Democrats, you might try thinking for yourself and looking back and who had the most political power in the 8 years leading up to the Great Recession. It would cause you to put away your emotions and use your brain. Breaking from what your emotions tell you is hard.
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Old 02-15-2012, 02:34 AM
 
Location: Texas
14,076 posts, read 20,530,289 times
Reputation: 7807
Quote:
Originally Posted by zz4guy View Post
Go ahead and say what you will about Bush, but man were those the days. 4% UE and things were roaring. It was easy to get a house. Jobs were so plentiful you could go into anything you wanted in college and land a job coming out. A hell of a lot better than they are now. Do you think we will ever see days like that again?

Yeah, those were the days alright!

The Patriot Act and warrantless wire-tapping were in full swing. The federal government was deeply involved in spying on US.

A US citizen was being held incommunicado in military custody without being charged with a thing.

Two wars were in progress and falling apart due to a lack of troops, a result of the administration's insistence on fighting them without adequate forces.

The deficit was heading toward a trillion dollars because of the costs of those wars which, incidentally, was considered as "off budget."

The cronyism between lenders and regulatory officials was allowing the housing market bubble to ballon, a bubble which eventually brought down the entire economy just before Obama took office.

The Security and Prosperity Partnership agreement, arguably the greatest give away of our national sovereignty in history was about to be signed without Congressional approval.

A Presidential campaign was in full swing, a campaign in which the incumbent President's handlers, most of whom had actively avoided service in Vietnam, trashed the reputation of their opponent, a combat Veteran, just as they'd done John McCain in 2000.

But, hey! You could make some money, so what else matters...right?
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Old 02-15-2012, 03:01 AM
 
Location: Northridge/Porter Ranch, Calif.
24,511 posts, read 33,312,803 times
Reputation: 7623
Quote:
Originally Posted by stillkit View Post
Yeah, those were the days alright!

The Patriot Act and warrantless wire-tapping were in full swing. The federal government was deeply involved in spying on US.
That was also occurring during the Clinton Administration.
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