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Let's not get hung up on the definition of economic recovery or two quarters of growth. Look at the bigger picture and the direction Obama is taking our country. Not so rosy, is it?
How? Tell me how the great Obama is moving this country foreward. The "great uniter" has divided this country like never before socially.
Economically every policy he's put out has been a complete failure. His last two budgets submitted received zero votes from either party. His green energy policies are crippling the economy and punishing the poor he touts as the ones he wants to help. His screams about taxing the evil rich and turns right around and passes the Bush tax cuts on. The stimulous only stimulated Chris Mathews leg to tingle as it did nothing to get us out of the economic mess we're in. Unless of course your a turtle and need a tunnel dug so you can cross under a highway safe. It's a complete and utter failure any way you look at it. I'm not talking about Romney I'm talking about Obama.
"He will be re-elected as even you will be unable to support Mr.steal my pension and load me with debt Romney."
Pay attention. Obama has added 5 TRILLION in debt during his short tenure. That's 5 TRILLION. As for pensions................
"The Obama administration will begin to tap federal retiree programs to help fund operations after the government lost its ability Monday to borrow more money from the public, adding urgency to efforts in Washington to fashion a compromise over the debt."
It is bad indeed. Stocks have completely recovered, Businesses are making record profits, UE Rate has dropped 20%.... all this since that Obama guy took office. I mean really, what is with this nut, can't he fix gas prices like Newt?
Yup so those Repub. dont want to remove the sub. from oil companies and will not increase Rev. all because of some pledge. The blind will vote Repub. because they cant see the damage done to our country by Con. Eco. theory. You need to be aware that the we will all be paying one way or another because of those Con. Eco. theories (increase in taxes, less services, lower SS, less medical, lose of value in Real Estate holding's, pension plans that have lost trillions).No repub. will be able to get away from the nightmare they created.
Last edited by Boss; 03-31-2012 at 12:46 PM..
Reason: topic
The economy was doing great under Clinton - but things turned south soon after GW took the reins. Meanwhile, Obama has done nothing to right the ship - except throw trillions in Fed debt at the problem, giving the appearance of some sort of 'recovery'.
The economy was doing great in spite of Clinton who had to be dragged to the alter of lower taxes and reduced spending. He had one-termer written all over him until Newt pulled his fat out of the fire.
There is no comparison. The dot.com recession hit some business and the minority of citizens with a lot of money the stock market, the housing bubble destroyed middle class wealth in a massive way. The president cannot fix a 34% decline in housing prices coast to coast. There is not enough money in the treasury to do that. Especially when Tea Partiers have mixed up Keynesian policy with communist takeover. It will simply have to play out as it has, with steep price drops, and a gradual drop in housing inventory as people return to work, which will eventually bring prices into growth territory.
So, smearing Obama is completely disingenuous.
Reagan inherited far worse from Carter and managed to turn it around in two years.
Maybe Obama could have done the right thing when he was a community agitator training ACORN volunteers to terrorize bank employees.
Maybe he could have supported GSE reform when he was in the Senate.
To say he comes into this with his hands clean is disingenuous.
The only thing rosy about Obama is the hope that he won't be re-elected. Then we can start blaming Obama throughout the next administration.
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