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Thread: Poll: 44% of Americans Worse Off Under Obama

  1. #191
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    Re: Poll: 44% of Americans Worse Off Under Obama


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    Re: Poll: 44% of Americans Worse Off Under Obama


    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by Boo Radley View Post
    Notice the no new taxes
    now, how could one this side of sydney fail to notice something so central?

    LOL!

    Obama Calls Tax Cuts the 'Right Thing to Do'

    At Obama's side, Clinton backs tax deal - politics - White House - msnbc.com

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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by The Prof View Post
    now, how could one this side of sydney fail to notice something so central?

    LOL!

    Obama Calls Tax Cuts the 'Right Thing to Do'

    At Obama's side, Clinton backs tax deal - politics - White House - msnbc.com
    My mistake. I should have known you had nothing.


    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Poll: 44% of Americans Worse Off Under Obama


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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by Boo Radley View Post
    And this is OBama's fault how?

    He's as innocent as a new born baby.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by American View Post
    He's as innocent as a new born baby.
    Hyperbole much?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by Boo Radley View Post
    No, they really can't in our system influence it greatly.
    ah, but they sure try

    Quantitative easing 2 is here: Federal Reserve - Nov. 3, 2010

    stimulus, anyone?

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    Re: Poll: 44% of Americans Worse Off Under Obama

    yesterday:

    The economy's continuing struggles aren't just confounding ordinary Americans. They've also stumped the head of the Federal Reserve.

    Fed Chairman Ben Bernanke told reporters Wednesday that the central bank had been caught off guard by recent signs of deterioration in the economy. And he said the troubles could continue into next year.

    "We don't have a precise read on why this slower pace of growth is persisting," Bernanke said. He said the weak housing market and problems in the banking system might be "more persistent than we thought."

    It was the Fed chief's most explicit warning yet that the economy will face serious challenges next year. For several months, he had said the factors working against economic growth appeared to be "transitory."

    The Fed cut its forecast for economic growth this year to a range of 2.7 percent to 2.9 percent from an April forecast of 3.1 percent to 3.3 percent. It also cut its forecast for next year to a range of 3.3 percent to 3.7 percent from an earlier 3.5 percent to 4.2 percent. The Fed also said unemployment would stay higher than it had expected earlier.

    The Fed's statement Wednesday stood in contrast to the Fed's more upbeat view when officials last met, eight weeks ago. At that time, the central bank said the job market was gradually improving.

    Since then, the economic news has been gloomy. The government reported that the economy grew at an annual rate of only 1.8 percent in the first three months of the year. It isn't expected to grow much faster in the current quarter. The economy added 54,000 jobs in May, far fewer than in the previous two months. Consumer spending has weakened, too.
    My Way News - Economic trouble puzzles Fed chief, too

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    Re: Poll: 44% of Americans Worse Off Under Obama

    Quote Originally Posted by VanceMack View Post
    Two reasons for commenting on your post. First to point out your blind partisanship. The second to point out his blatant hypocrisy.
    Well if you have a problem with Boo, you take it up with him and leave me out of it.

    As for any partisanship I have, it is with eyes wide open.
    Also, we need to legalize recreational drugs and prostitution.

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