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Time to admit Obamanomics has failed | Washington Examiner (http://www.washingtonexaminer.com/opinion/Time-to-admit-Obamanomics-has-failed-1008050-100154469.html - broken link)
Someone may have already posted this so if that is the case I apologize for the duplicate thread.
I am going to keep an open mind here and ask for someone to explain to me were this article is wrong.. All I would ask is that if you make an accusation of incorrect information that you support it with viable information. Don't just post something like well Bush and Cheney or If it wasn't for Clinton or Obama inherited... The fact is that this administration owns the TARP program and they own the method they used to push it through. So, let's hear it! Were is the fault in this article..
Well the article starts out about that whole 8% chart, something that was abandoned even before the Stimulus was actually passed, as it was based off data known at the time the chart was created. That was before the last couple months of Bush's job numbers were known (in which we were losing jobs at 700,000 a month), it was done prior to the 4th quarter 08 putrid earnings figures were released, it was done prior to the 4th quarter 08 GDP disaster findings were released. No one was talking about 8% once all of that stuff came out.
Also, I somehow doubt the Washington Examiner would have pegged this editorial if it was around at this point in Reagan's Presidency. A year and a half into the Reagan administration, unemployment was higher than it is now (and would then go even higher)
I'm sure she got a nice bonus on her way out the door, on our dime ofcource. I'm thinking everything is going according to plan. The Cloward-Piven method that's been implimented and it appears to work.
I'm sure she got a nice bonus on her way out the door, on our dime ofcource. I'm thinking everything is going according to plan. The Cloward-Piven method that's been implimented and it appears to work.
Well the article starts out about that whole 8% chart, something that was abandoned even before the Stimulus was actually passed, as it was based off data known at the time the chart was created. That was before the last couple months of Bush's job numbers were known (in which we were losing jobs at 700,000 a month), it was done prior to the 4th quarter 08 putrid earnings figures were released, it was done prior to the 4th quarter 08 GDP disaster findings were released. No one was talking about 8% once all of that stuff came out.
Also, I somehow doubt the Washington Examiner would have pegged this editorial if it was around at this point in Reagan's Presidency. A year and a half into the Reagan administration, unemployment was higher than it is now (and would then go even higher)
The 8% chart was NOT abandoned before the stimulus was passed. There were Congressmen using the same charts on the Congress floor during their debate to support the bill.
I am going to keep an open mind here and ask for someone to explain to me were this article is wrong.. All I would ask is that if you make an accusation of incorrect information that you support it with viable information. Don't just post something like well Bush and Cheney or If it wasn't for Clinton or Obama inherited... The fact is that this administration owns the TARP program and they own the method they used to push it through. So, let's hear it! Were is the fault in this article..
As you can see, there will always be the faithful few who will continue to proclaim obamanomics didnt fail, even to the point that they have to lie claiming charts used were "abandoned" when they werent...
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