Is GOP trying to sabotage economy to hurt Obama? [W:1198]

Re: Is GOP trying to sabotage economy to hurt Obama?

Utility Man - you really should give credit to the author of your little John Galtian rant - unless your name is Melissa Brookstone and then it wouldn't be plagiarism because you wrote it.

It is nice to see acknowledgement of the thread's topic.

Re: Is GOP trying to sabotage economy to hurt Obama?

Travis007 said:

great question.. its never enough with Liberals, long as its someone elses money..

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LOL! Like liberals don't pay taxes?!? :lamo You guys are on a roll today! :lamo

Re: Is GOP trying to sabotage economy to hurt Obama?

Conservative said:

Bush had 1 trillion of that debt to pay for 9/11 according to the General Accounting Office which of course liberals want to ignore, but regardless Bush debt in 8 years was 4.9 trillion dollars, Obama has 5.2 trillion in less than four. Some of that spending was for creation of jobs and we have 23 million unemployed/under employed Americans as of April 2012, more unemployed than when he took office and fewer employed. I guess that is a socialist success story

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You really have no clue about the history of recessions and how they affect the economy. Go back and look at history - unemployment typically tops out ~2 years after the recession, which is pretty much what happened this time as well.

As for debt, just exactly how big of an economic Crash was Bush trying to correct when he was putting us all in debt? We both know what little recession he had from the 9/11 reaction was a bump compared to the cliff we drove off just before he left office - dumping his problems in someone else's lap.

Re: Is GOP trying to sabotage economy to hurt Obama?

Somerville said:

Are Republicans stupid, evil, or both in some weird, totally self-unaware fashion? The GOP says that it and its adherents are the Real Americans who care deeply about this nation, unlike those "evil, Marxist-loving, liberal, globalist Dems". If they love this country so much, why then are they so willing to destroy the economy simply in an effort to take control of the government?

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I read your article and I think it is one of the most left-wing biased "news" stories I've ever seen.

But...to answer your question, no, the GOP is not trying to sabatage the economy to hurt Obama. Firstly, they have sent a boatload of bills to the Senate to help the country...only to have Reid park them under his ass so nobody can vote on them. Secondly, Obama's own record of "helping" the economy does more damage to him than anything the GOP could do. Heck, that's why he won't talk about what he's done.

Re: Is GOP trying to sabotage economy to hurt Obama?

“The single most important thing we want to achieve is for President Obama to be a one-term president.”

Re: Is GOP trying to sabotage economy to hurt Obama?

Utility Man said:

“The single most important thing we want to achieve is for President Obama to be a one-term president.”

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Yes we know, and you have no problem hurting America to make it happen. This is why as bad as Dems have been, the GOP and tea party is even worse.

Re: Is GOP trying to sabotage economy to hurt Obama?

Mycroft said:

I read your article and I think it is one of the most left-wing biased "news" stories I've ever seen.

But...to answer your question, no, the GOP is not trying to sabatage the economy to hurt Obama. Firstly, they have sent a boatload of bills to the Senate to help the country...only to have Reid park them under his ass so nobody can vote on them. Secondly, Obama's own record of "helping" the economy does more damage to him than anything the GOP could do. Heck, that's why he won't talk about what he's done.

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Well, reality tends to have a liberal bias.

Re: Is GOP trying to sabotage economy to hurt Obama?

MoSurveyor said:

You really have no clue about the history of recessions and how they affect the economy. Go back and look at history - unemployment typically tops out ~2 years after the recession, which is pretty much what happened this time as well.

As for debt, just exactly how big of an economic Crash was Bush trying to correct when he was putting us all in debt? We both know what little recession he had from the 9/11 reaction was a bump compared to the cliff we drove off just before he left office - dumping his problems in someone else's lap.

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That is bull**** and depends on the magnitude of the recession and the kind of leadership in the govt. You and your ilk continue to blame Bush for the economic decline but ignore Congress, now here were are almost 4 years later and you still blame Bush. The Obama record is worse in every category vs. Bush

Re: Is GOP trying to sabotage economy to hurt Obama?

Somerville said:

Well, reality tends to have a liberal bias.

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we call the "delussion"

Re: Is GOP trying to sabotage economy to hurt Obama?

Utility Man said:

“The single most important thing we want to achieve is for President Obama to be a one-term president.”

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And the Obama record is making that happen

Re: Is GOP trying to sabotage economy to hurt Obama?

TheNextEra said:

Yes we know, and you have no problem hurting America to make it happen. This is why as bad as Dems have been, the GOP and tea party is even worse.

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the tea party?... and wtf are you attempting to stammer out? Obama is a radical marxist.. period.. are you blind or just a obamabot?

Re: Is GOP trying to sabotage economy to hurt Obama?

Somerville said:

Well, reality tends to have a liberal bias.

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This has to be one of the most stupid things I've ever seen typed in a forum.

Re: Is GOP trying to sabotage economy to hurt Obama?

Mycroft said:

This has to be one of the most stupid things I've ever seen typed in a forum.

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Must not read much

"Reality has a well-known liberal bias." - Stephen Colbert, White House Correspondents' Association Dinner, 4/29/2006

Re: Is GOP trying to sabotage economy to hurt Obama?

ksu_aviator said:

It seems to me that if we learned anything from Russia, it is that more government spending =/= a healthy economy and that less government spending = economic recovery. So the question is, are liberals evil, stupid or both?

Did we forget that conservatives predicted a restricted recovery if there was increased spending? And what did we do? Increased spending. And what is going on? A slower than expected recovery. Hmm.

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Russia? They are a 3rd world economy. Here in the 1st world we have Europe where decreased Govt. spending has plunged them into recession again. Then we have the fastest growing economy in the western world, a country that RESISTED the conservative idiocy of the "confidence fairy". The time to reduce spending was in 2002-2007 when our economy was strong enough to take it. A certain party in control decided to INCREASE spending and the deficit then. Now they want to deepen the impact of their failure by putting us into a recession again just like Europe.

Re: Is GOP trying to sabotage economy to hurt Obama?

Somerville said:

Must not read much

"Reality has a well-known liberal bias." - Stephen Colbert, White House Correspondents' Association Dinner, 4/29/2006

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Ahhh...thanks for the reference. Since I don't really pay attention to the antics of the WHCA dinners, I wasn't aware that you were not being serious with your remark...rather only trying to be funny.

Re: Is GOP trying to sabotage economy to hurt Obama?

Somerville said:

Must not read much

"Reality has a well-known liberal bias." - Stephen Colbert, White House Correspondents' Association Dinner, 4/29/2006

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wow.. simply wow..

Im scared

Re: Is GOP trying to sabotage economy to hurt Obama?

Somerville said:

I would say the question is - Why do those who call themselves conservative refuse to look at the real world? Comparing present US government spending to that of the Soviet Union is absurd on the face of it.

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Of course it is absurd...The USSR is no longer in existence.

Those nations in Europe which have instituted the strongest austerity measures are those which are doing the worst in recovery, even slipping back into recession.

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You need to read up on some real information:

BBC News - EU austerity drive country by country

Greece's economy is in the tank because they spent so much that their credit rating is "junk".

Italy is having problems because they had to offer bonds at or above 7%! Now, markets won't invest in them because they are worried they'll follow the same path as Greece.

Portugal's government would have failed had it not been for a center-right coalition that passed austerity measures to get a bail out.

In nearly every case, the cuts have come recently and are applauded as the only way to save these governments and not the reason their economies have had problems. In fact, most indicate that excessive spending WAS the problem.

The problem that many see with the stimulus package passed in 2009 was that it was too small, nearly a third of the 'stimulus' went to tax cuts for low and middle income tax payers.

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Yes, we've heard this before. Welfare doesn't work because it is to small. Medicare doesn't work because it is under funded. Social Security doesn't work because it isn't big enough. It is the same excuse that has been used for decades to justify continuing more bad policies. But, we can learn from Europe, California and other liberal bastions that the bigger the social program the quicker it fails.

Now that the money has been spent, we are seeing the economy slow, exactly what was predicted by those economists who had called for more spending back in 2008 - '09

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Of course, they know that government spending = slower economy. It has been proven over and over again.

Re: Is GOP trying to sabotage economy to hurt Obama?

Conservative said:

And the Obama record is making that happen

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More good news today, existing home sales are at 2 year highs and median home price is up 10%. Europe should have it so good. The right wing austerity budgets have failed, the confidence fairy is a no-show, the right wing Presidents are being voted out, and they are looking at negative GDP growth for this year no matter what they do to correct their huge mistake.
Yet you still cling to the hope that we will vote in what others have voted out for their failures. Romney is nothing but a Mormon Sarkozy, what a loser.

Re: Is GOP trying to sabotage economy to hurt Obama?

iguanaman said:

Russia? They are a 3rd world economy. Here in the 1st world we have Europe where decreased Govt. spending has plunged them into recession again. Then we have the fastest growing economy in the western world, a country that RESISTED the conservative idiocy of the "confidence fairy". The time to reduce spending was in 2002-2007 when our economy was strong enough to take it. A certain party in control decided to INCREASE spending and the deficit then. Now they want to deepen the impact of their failure by putting us into a recession again just like Europe.

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Wow...you just completely ignored how Russia ended up in the tank. They spent themselves into the grave, and now that they have cut spending they are growing. But if you want to talk about debt v economic growth, with the exception of Ireland, the top ten growth countries have minimal debt:

Top Ten Fastest Growing Economies

World debt comparison: The global debt clock | The Economist

Re: Is GOP trying to sabotage economy to hurt Obama?

iguanaman said:

More good news today, existing home sales are at 2 year highs and median home price is up 10%. Europe should have it so good. The right wing austerity budgets have failed, the confidence fairy is a no-show, the right wing Presidents are being voted out, and they are looking at negative GDP growth for this year no matter what they do to correct their huge mistake.
Yet you still cling to the hope that we will vote in what others have voted out for their failures. Romney is nothing but a Mormon Sarkozy, what a loser.

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After seeing so many liberals in this forum I really do understand why you need four more years of Obama

Re: Is GOP trying to sabotage economy to hurt Obama?

I'm surprised at the depth of the credit that is ascribed to our political "leaders". 99% of the clowns that own this country couldn't spell "economy", let alone have an impact on one. Almost every grand concept that emerges from Washington D.C. is for the benefit of someones "good buddies" and **** all to do with the "economy". The rest of their efforts are devoted to passionate social engineering which has little prospect of benefitting anyone. It seems to me that both sides want biuigger government and woprse yet, bigger governance. The only differences are the polar oppositions on the desired results.

What's wrong with the American economy? OK, IMHO it's nothing that can be fixed by the government. Actually, the government is just another of many barriers to entry for any business. We are just terribly spoiled. Once upon a time, we were the only ones that had anything. Our definition of poverty was a beat up old car - their definition was missing the third meal in a row. Now, we are just part of the world, a global society with instant communications. We have 307 million people living here and it's amazing how most of these people of no function beyond selling things to the other people. That so many people are employed at all, in an age of computers, robotics and employers without mercy who have discovered that they can pile more and more work on their staff and thereby enlarge their profits. We've done a fabulous job of much ado about nothing. This isn't new but during the Bush years, our mediocre economy was greatly enhanced by a housing bubble of such idiotic proportions, that it was comparable to the tulip bubble. Somehow, we collectively believed that a house had unlimited growth value and many of us made the mistake of participating. That's over now and you won't see another construction boom for quite a while, although I do think we are seeing (at least here in Las Vegas) a sharp turnaround in home values. But not enough to justify new construction.

So, those jobs are gone for now and with every added efficiency, like electronic menus and automated smart phone shopping a few technology jobs are created and even more general lobor jobs are eliminated.

So, really, the sides have been chosen - not over the economy, foreign policy or education - an the battles are over abortion (that's a done deal but why not keep fighting it), gay marriage (like that really affects anyone or causes harm) and the placement of religious objects representing a variety of faiths with competing story-lines.

It's true that Corporations have swallowed many small industries and will continue to do so. Yet, America is still a land of opportunity. If we invested as much effort in business as we do in aligning ourselves with political parties and positions, we'd do just fine. The Repgnantcans and Democraps have nothing to do with that. Our leaders have fabulously well paying jobs and they don't care about you. Accept it.

(((THE PRECEDING IS JUST AN OPINION - DON'T SHOOT THE MESSENGER)))

Re: Is GOP trying to sabotage economy to hurt Obama?

Conservative said:

After seeing so many liberals in this forum I really do understand why you need four more years of Obama

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It's more what we DON'T need, another recession and financial collapse which is all your side seems to offer. I think too many of you prosper when things turn bad, otherwise why would the GOP record look like it does.

The graph below shows the length of each recession in our time period, in months. It also assigns a recession to the party of the President who happened to be in the Oval Office at the time the recession started. 71% of the last 14 recessions have started under a GOP administration.



A Look at Recessions Part 1: By the President's Political Party | Angry Bear - Financial and Economic Commentary

Re: Is GOP trying to sabotage economy to hurt Obama?

iguanaman said:

It's more of what we DON'T need, another recession and financial collapse which is all your side seems to offer. I think too many of you prosper when things turn bad, otherwise why would the GOP record look like it does.

The graph below shows the length of each recession in our time period, in months. It also assigns a recession to the party of the President who happened to be in the Oval Office at the time the recession started.

A Look at Recessions Part 1: By the President's Political Party | Angry Bear - Financial and Economic Commentary

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Do you think leadership and economic policies have anything to do with the lenght of a recession? Do you realize that Obama's economic policies went into effect in February 2009 right after he took office whereas Reagan's were not passed until August of 1981. by all measurement the 81-82 recession hurt the average American more and it was Reagan leadership that got us out of it quicker. Obama lacks the basic leadership skills to improve anything and the results show it. You willingly gives Obama a pass because apparently you have no concept of leadership.

Re: Is GOP trying to sabotage economy to hurt Obama?

Conservative said:

That is bull**** and depends on the magnitude of the recession and the kind of leadership in the govt. You and your ilk continue to blame Bush for the economic decline but ignore Congress, now here were are almost 4 years later and you still blame Bush. The Obama record is worse in every category vs. Bush

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No it's not - it's right there in the historic economic records, look for yourself.
((And the little '~' means "approx"))


If you're going to talk about magnitudes of recession, on a scale of 0-9 where would you put the Crash of 2008? I'm not sure it can get much worse and still be called a "recession" instead of a "depression". Or are you trying to assert that the unemployment delay is shorter for a recession that's worse???

Re: Is GOP trying to sabotage economy to hurt Obama?

MoSurveyor said:

No it's not - it's right there in the historic economic records, look for yourself.


If you're going to talk about magnitudes of recession, on a scale of 0-9 where would you put the Crash of 2008? I'm not sure it can get much worse and still be called a "recession" instead of a "depression". Or are you trying to assert that the unemployment delay is shorter for a recession that's worse???

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What you see with historical records are data not the economic policies that created that data and that is where liberals fail. I look at the magnitude of the recession on how it affects the average American so tell me how the recession of 2007-2009 hurt you and your family? I can tell you that it didn't affect my family at all whereas the 81-82 recession affected every American due to the effects of high inflation, high interest rates, and high unemployment on the people that accompanied that recession. Most here were too young then to realize what was going on and it was Reagan leadership that led to the greatest electoral landslide in American history in 1984. This recovery is the worst since the Great Depression and that is due to the Obama failures.

I didn't vote for Obama because of his resume and won't vote for him in 2012 because of his record which mirrors that resume