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Maybe you better duck tomorrow when THEY get out of their long slumber period and study Kos and MM a bit looking for answers.
I think you are completely right here but THEY want take all the credit since they do control 1/3 plus 1/2 of another 1/3 of our government. In fact we have a thread here that says it is all Obama that has caused the market growth and all those jobs in March. Yeah, I think you need to duck over this one.
Well, the Left has been clamoring for jobs to take off due to the GOP in control of the House. Once obama adopted the GOP's tax rate extension, we are now seeing the results.
Quote:
Originally Posted by pghquest
Even though the actual number might be in question due to manipulation, we have to agree that a drop is a drop.
It is no coincidence just a few short months after obama was FORCED to extend the rates by the GOP, we are seeing pretty good job growth, although I do think they will try to manipulate the UE "rate" for political gain.
Quote:
Originally Posted by Randomstudent
Typical partisan crap. This recession started in 2007-2006 with the sub-prime mortgage crisis long before unemployment and started to recover in 2010 with the stock market. This is because employment is a lagging indicator, meaning that it doesn't happen until later in the recovery. The recovery was long underway prior to the 2010 elections. If Republicans were responsible for a recovery we wouldn't be seeing jobs yet, we would be seeing things that have already happened like large increases in the stock market from recession lows.
According to the official reports, the recession ended in June 2009. The tepid and weak economy was exacerbated by obama's fiscal policies, his massive increase in government regulation and his increase in taxes. Since the GOP won the House, his radical agenda has come to a screeching halt and that alone has resulted in the electorate breathing a sigh of relief, now that the dems DON'T have unfettered control to advance a ruinous liberal agenda. The election of the GOP has given the people confidence that obama and the dems can no longer ram through a radical agenda. Psychological as well as tangible relief.
Quote:
Originally Posted by meson
I recall a discussion about 2 years ago on this board where some of us predicted that whenever the
economy starts turning around the right wingnuts would somehow find a way to give credit to the
GOP .....sure enough we were right.
Well, we had 2 years in the failed obama experiment. Job growth was ABYSMAL, even AFTER obama stole $1+ TRILLION from the private sector. Again, AFTER the GOP led the way on the tax rate extensions, you are now seeing consistent job creation. Now, obama could still undo all that if he continues to sabotage domestic energy production, if he continues with his ruinous obamacare, if he continues to regulate business, small and large, out of the US.
Quote:
Originally Posted by wade52
What GOP policy?
Tax rate extensions.
Quote:
Originally Posted by pghquest
And about 2 years ago, some of us on this board predicted that the recovery would begin AFTER the Obama stimulus bill ended..
sure enough.. we were right..
Well, that's right. Taking $1+ TRILLION out of the private sector prevented a normal recovery from recession.
Your graph indicates that 9/11 caused an economic collapse, and Bush did a great job at fixing the harm that was done by continuing to grow jobs month after month consistantly..
That's what I like about you, pghquest, you ability to invent "truth".
There was no economic collapse in 2001, caused by 9/11 or anything else. There was the mildest of recessions, but since there weren't two consecutive quarters of shrinking GDP most economists wouldn't call it an actual recession. And the economic peak before the downturn was in March 2001 and the economic downturn ended in November 2001.
Let's see, the planes hit on September 11th, GDP Growth resumes 45-60 days later. Heck, if it was that easy, why didn't George W Bush pull the country out of recession way back in May 2001?
Oh, and speaking of 'reading graphs'...where exactly on this graph does it show GWB 'growing jobs month after month consistantly' between Sept 2001 and December 2003?
Quote:
It also shows that severe job losses didnt take place until well after Democrats took over Congress, which by the Democras own admission, was a period of time with a very strong economy..
So the first part of the job losses were due to a Democratic Congress and the last part of the job losses were due to a Democratic President? And the Republican President had nothing whatsoever to do with it? My, what a convenient explanation!
It couldn't have been caused by a greedy middle class, an entire industry of unrestrained mortgage writers, the financial industry's invention of mortgage derivatives, the improper evaluation of said derivatives, a housing bubble burst, a severe stock market deline, a complete lock-up of the banking system and a near shutdown of the economy, all caused by the laisse-faire policies of the conservative Republican dominated government that existed from 1995 thru 2006, could it?
As I recall, that Democratic Congress didn't actually accomplish much during 2007-2008. What exactly was it that they did that caused massive unemployment?
Quote:
Remember them increasing the minimum wage, saying the economy was strong enough to support it?
So now the entire economic meltdown of 2008 can be blamed on raising the minimum wage in the United States? Well, at least its another tangent you can shamelessly spin off on.
There was no economic collapse in 2001, caused by 9/11 or anything else. There was the mildest of recessions, but since there weren't two consecutive quarters of shrinking GDP most economists wouldn't call it an actual recession. And the economic peak before the downturn was in March 2001 and the economic downturn ended in November 2001.
Yes, thank you Bush for restoring GDP growth so quickly.
Yes, thank you Bush for restoring GDP growth so quickly.
So Frankie, what you're saying is that it's immaterial whether the President is a Republican or a Democrat, as long as Congress is completely controlled by the Republicans?
I'd almost buy into that, except that it's more of an indication of what can be done when both parties work together. Did anyone else happen to notice that?
Please note that the stimulus didn't take effect until 2010.
Please note that there wasn't a single policy put forth by the GOP regarding the economy until the budget compromise of February 15th, 2011.
Nuf said.
You wish.
So you say the Failed obama Stimulus didn't take effect until almost a WHOLE YEAR after he signed it into law? Surely, you remember all those shovel ready projects bite-me and obama were touting. For your information, the stimulus took effect in late June of 2009, that's when the money started rolling out.
I know you'd love to think it didn't take effect for a whole year, that would be convenient, wouldn't it? That would be a clever way of trying to explain it's failure, wouldn't it?
I believe in Dec of 2010, the tax rate extensions were signed into law. Remember, they expired at the end of 2010 and taxes would have gone up drastically unless extended.
Wait a minute. Republican policies create jobs? This is April 4th, not 1st.
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