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You can spin it all you want...the truth is... Obama's policies are making the economy worse...
... and you can spin it all you want, the truth is the other posters are right, the data isn't all in by any stretch. It took a long time to get where we are and Obama wouldn't fix anything by doing what would make you happy. I imagine that would be to jettison 25% of the American people to their fate. 50% would make out alright by virtue of being inheritors (tax free) of wealth from the last generation. 24% would benefit mightlily from recent wealth grabs from the former middle class and 1%... that incredible 1%... whoa... yeah, that is an America you could be happy in because you would likely be in that middle 50%. Status quo and all that. It had to end. Maybe if the previous administration hadn't been so egregiously greedy it could have gone on the Reagan trajectory for a couple or three generations more. But the rise was foreshortened by the outright plunder of American wealth by its wealthiest citizens. Backlash isn't pretty when you are on the receiving end. Obama's policies don't look pretty and are, in fact, outright scary. Well so they should be. So they should be.
I mean, this commie...er.. uh socialist isn't against capitalism. My retirement (403b) has recovered 48% percent so far from their lowest point. I wouldn't know who to credit for that, but it sounds good, right?
Trade Policies Cost US Economy 500,000 Jobs - US Chamber (http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=200909151206dowjonesdjonline000 444&title=trade-policies-cost-us-economy-500000-jobs-us-chamber - broken link)
Trade Policies Cost US Economy 500,000 Jobs - US Chamber (http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=200909151206dowjonesdjonline000 444&title=trade-policies-cost-us-economy-500000-jobs-us-chamber - broken link)
That does not support the argument that the overall economy is getting worse.
LOL..so many of you posters WANT to blame it on either Bush or Obama.
Truth be told, it takes years for an economy to decay like ours has.
It's not an overnight type of change. Laws get changed and slowly erode the system until you get a buildup like we did two years ago.
This culmination of greed took years ..not months to get us where we are today.
Now everyone seems to be looking for a "V" recovery ???
Good luck in finding that.
LOL..so many of you posters WANT to blame it on either Bush or Obama.
Truth be told, it takes years for an economy to decay like ours has.
It's not an overnight type of change. Laws get changed and slowly erode the system until you get a buildup like we did two years ago.
This culmination of greed took years ..not months to get us where we are today.
Now everyone seems to be looking for a "V" recovery ???
Good luck in finding that.
Nope, we are all still in the market (see the investing forum) and doing very nicely
Thanks Obama
Those who whine the most, usually have little or no investment. But they can whine. And they do. Just ask T&C. You'd bet on a winner, if each day you would bet on T&C to whine (and mention Obama as the cause).
The point of the OP is not that Obama's actions or inactions caused this..it is that his "solutions" did nothing to address the core problems..his answer was write a check to all my union buddies..instead of offering incentives to businesses who actually employ people..incentives to reward companies for not cutting staff..and incentives for hiring new staff..that's how you save and create jobs...
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