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Thread: U.S. GDP Grows Just 1.3%

  1. #211
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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post
    Pass the stimulus and the unemployment rate will not exceed 8%, that was a lie. With the passing of the stimulus unemployment today would be 6.5%, that is a lie. Looks to me like research isn't a strong suit of yours but you have no problem buying the Obama rhetoric. Suggest you do some better research or any research
    It was never claimed that the unemployment rate would not exceed 8% -- THAT is the lie, and one conservatives never tire of telling. Specifically, this is what the administration report said about the 8% estimate:

    "It should be understood that all of the estimates presented in this memo are subject to significant margins of error. There is the more fundamental uncertainty that comes with any estimate of the effects of a program. Our estimates of economic relationships and rules of thumb are derived from historical experience and so will not apply exactly in any given episode. Furthermore, the uncertainty is surely higher than normal now because the current recession is unusual both in its fundamental causes and its severity."

    http://www.politifact.com/truth-o-me...employment-8-/

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Sheik Yerbuti

    Don't forget the "Obama rule." That's where you hold the president accountable for the economy from the day they were elected.

    Quote Originally Posted by Conservative View Post

    So Obama was responsible then for the 2009 results after he took office? Thanks for finally admitting that.
    Who said I subscribe to the "Obama rule?"

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by AdamT View Post
    It was never claimed that the unemployment rate would not exceed 8% -- THAT is the lie, and one conservatives never tire of telling. Specifically, this is what the administration report said about the 8% estimate:

    "It should be understood that all of the estimates presented in this memo are subject to significant margins of error. There is the more fundamental uncertainty that comes with any estimate of the effects of a program. Our estimates of economic relationships and rules of thumb are derived from historical experience and so will not apply exactly in any given episode. Furthermore, the uncertainty is surely higher than normal now because the current recession is unusual both in its fundamental causes and its severity."

    PolitiFact | Will: Obama said stimulus would cap unemployment at 8 percent
    this is ridiculous, come back when you have actually done some research instead of listening to the mainstream media. Ever hear of Christina Romer? Find out who she was and what she said. The rest of your post is typical liberalism, At least be honest with your leanings.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post
    this is ridiculous, come back when you have actually done some research instead of listening to the mainstream media. Ever hear of Christina Romer? Find out who she was and what she said. The rest of your post is typical liberalism, At least be honest with your leanings.
    Um, I just quoted you verbatim the disclaimer that was attached to the stimulus report. Simply denying reality isn't an argument.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post

    Bush isn't in office, nor is Reagan. You seem to have a problem understanding that reality.
    But when they were in office and achieved those awful records, you voted to re-elect them. Now you're campaigning to throw out the guy whose record is better than those you chose to give 4 more years to.

    Hypocrite much?

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    Re: U.S. GDP Grows Just 1.3%

    Come on now! You know that it's only fair to say that Obama hasn't done enough, but it's off limits to point out that republicans have tried to stop him from doing *anything* at every conceivable turn. ;D

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by AdamT View Post
    Um, I just quoted you verbatim the disclaimer that was attached to the stimulus report. Simply denying reality isn't an argument.
    Economist Christina Romer regrets saying jobless rate would stay below 8 percent

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by AdamT View Post
    Come on now! You know that it's only fair to say that Obama hasn't done enough, but it's off limits to point out that republicans have tried to stop him from doing *anything* at every conceivable turn. ;D
    What did the Republicans stop? When did GW Bush have anywhere near the number of Republicans in Congress that Obama had in 2009-2010?

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    Re: U.S. GDP Grows Just 1.3%

    This is an absolutely terrible number. Unlike some, I am not convinced that "President McCain" would be doing any better.

    When it makes economic sense, businesses will hire. I don't think that simply electing a Republican is going to solve all of the economic woes of America. The most ironic thing is that whoever the Republican candidate is, he or she will be running on "hope" and "change," but they'll be deathly afraid of uttering either of those words.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Sheik Yerbuti View Post
    But when they were in office and achieved those awful records, you voted to re-elect them. Now you're campaigning to throw out the guy whose record is better than those you chose to give 4 more years to.

    Hypocrite much?
    Let's see how smart you are, I am a conservative and proudly admit that. In 2000 I had a choice of Bush vs. Gore. Who would a Conservative vote for? In 2004 I had a choice between Bush and Kerry, who would a Conservative vote for? What I see is someone who always blames others for their own failures. given the choice I had, I would make it again, hardly hypocritical. I don't have any use for liberal politicians and will always vote for the one closest to my point of view.

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