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GDP growth trimmed to 1.1 percent. How this man gets 50 percent approval rating is beyond belief. Im saddened to say we've become a nation of free loaders. That care nothing about the future of the nation as long as they get their free stuff.
THANKS A LOT YA DAMNED REPUBLICAN OBSTRUCTIONIST CONGRESS!!
The video means nothing. The Dems would say the same in the opposite scenario.
It's a team effort... both the Congress and the President. They have been obstructing each other.
So you can say their unwillingness to agree plays a factor in the lack of growth.
But you can't overlook what the President and the Cabinet have done outside of the Congressional realm with the tons of regulations that put sludge in the engine of the American economy.
It's not Obama's fault that the Eurozone, China, Russia, Brazil, Japan and our other trading partners are suffering from economic stagnation. That, plus the strong dollar, means they aren't buying as much of the products the USA makes. We can't grow at 3% or better unless the rest of the world is growing too. We can't buy all the stuff we make ourselves.
If you consider a drop in unemployment from 7.8% to 4.9% "pretty much the same place."
Bush handed over the worst economy , literally, since the Great Depression.
Bush got handed a collapsing bubble from Clinton who'd been handed a hangover from Bush\Reagan who'd been....you know.
I personally think it's dumb to blindly blame Obama or Bush without understanding the looooong chain of events that finally blew up in Obama's face.
Quick question, do you even know which president signed NAFTA? How about which one loosened the banking regulations that lead us into the housing bubble?
Lastly, while I think that Obama has done a decent job....you do realize that the unemployment rate looks better in part because so many quit looking for work and thus aren't counted?
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