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Doing what he can to mitigate iti??? By linking his entire economic plan to the green sector?? From the stimulous on down it's been green energy and your punished if your not green. Green jobs for everyone. Well there are no green jobs and his punishing of evil coal, oil and now up nat guas companies is on in full force, costing jobs, raising prices and his green cronies handed billions in taxpayer dollars are all going belly up. Exactly what has he done to mitigate anything??? He's made it worse with his policies.
You are being completely dishonest and/or uninformed. Pres. Obama has not linked his entire economic plan to the green sector.
Look at the peak quarter of stimulus (pdf), which was the first quarter of 2010. I’m going to rearrange the categories a bit. Here’s how I read it: at annual rates (in other words, actual numbers in the quarter were only 1/4 as large), the total budget impact was $357 billion. Of that, we had:
Tax cuts and refundable tax credits: $151 billion
Aid to individuals (mainly unemployment insurance and food stamps): $70 billion
Aid to state and local governments: $103 billion
Everything else: $33 billion
Then, there was the Payroll Tax-Cut and the Jobs Bill that should get passed today -- and the GOP opposed all of it, every step of the way.
Please explain how you arrived at, "He's made it worse with his policies."?
Obama's opposition was advocating slashing the budget -- as if firing people lowers unemployment;
they warned that deficit spending would crowd out private borrowers and raise interest rates -- they were wrong;
they warned that Obama's policies would cause hyperinflation -- also proven wrong.
Then, there was the Payroll Tax-Cut and the Jobs Bill that should get passed today -- and the GOP opposed all of it, every step of the way.
Please explain how you arrived at, "He's made it worse with his policies."?
Obama's opposition was advocating slashing the budget -- as if firing people lowers unemployment;
they warned that deficit spending would crowd out private borrowers and raise interest rates -- they were wrong;
they warned that Obama's policies would cause hyperinflation -- also proven wrong.
Go by a gas station sometime and then stop in a grocery store. Easy for inflation to be low when you omit food and energy.
Also, why is gas nearing 4.00/gal but oil per barrel is barely over $100??
A deliberately devalued currency leads to exploding prices for gasoline and grocery prices, as most of us already know.
How is a policy such as that supposed to help the little guy or give a boost to our economy?
Obama's polcieies and fixation with tax hikes, combined with a nonstop string of policies which will accelerate outsourcing won't make things better for the little guy and/or middle class citizens of this country anytime soon, but then Obama's hasn't been a friend of the little guy since he took office, but he's been a great asset to those 'greedy Wall Street bankers'.
His unprecedented job-killing spree of the past three years has to stop.
A deliberately devalued currency leads to exploding prices for gasoline and grocery prices, as most of us already know.
How is a policy such as that supposed to help the little guy or give a boost to our economy?
Obama's polcieies and fixation with tax hikes, combined with a nonstop string of policies which will accelerate outsourcing won't make things better for the little guy and/or middle class citizens of this country anytime soon, but then Obama's hasn't been a friend of the little guy since he took office, but he's been a great asset to those 'greedy Wall Street bankers'.
His unprecedented job-killing spree of the past three years has to stop.
The value of the dollar has not fluctuated much in the last few months, yet the price of gasoline has moved greatly. That would be evidence that the two are not coupled the way that you suggest.
Moreover, your assertion that Obama's fixation on tax hikes (which haven't raised taxes at all) and his policies are causal to outsourcing, is completely unproven. Outsourcing accelerated under the policies of Ronald Reagan, who believed in low taxes and little regulation and continued all through the low-taxes and regulation hostility of Bush.
If low taxes were the key to insourcing, having the lowest taxes in decades we should have a flood of insourcing. Since we don't, the theory is discredited.
Let it also be known that the job-killing occurred a year before Obama was elected but it's clear by your molding reality into you desired shape that the right-wing will change the facts to advance their tired theory that low taxes and low regulation are the key to economic prosperity, even when history doesn't cooperate.
The Obama was both good and bad, in my opinion mostly good. The current election that trump won makes me sick, can’t believe we have a sentient Cheeto stain as a president.
Translation: Obama admits he was clueless about the economy going into office & blame Bush.
Translation: that means that Trump and the Repubs are clueless about the economy since their own budget proposals would increase the Deficit. Thanks for the update but it looks like most Americans figured this out already based on what they are seeing. How is that Repeal and Replace coming? See all jobs trump created? Notice how many companies moved their manufacturing back here? Is our Infrastructure fixed yet? Seen the Wall yet?
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