Page 5 of 33 FirstFirst ... 3456715 ... LastLast
Results 41 to 50 of 328

Thread: U.S. GDP Grows Just 1.3%

  1. #41
    Sage
    CriticalThought's Avatar
    Join Date
    Jun 2009
    Last Seen
    Yesterday @ 10:17 AM
    Gender
    Lean
    Libertarian
    Posts
    18,136

    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post
    As you stated the stimulus was a total and complete failure and here we are two years AFTER the recession ended and Obama has generated the following results:
    I stated there was no way to know the effect. Is this the best you can do now? You can distort my words? That is sad.
    Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

    Now we can add. .4% GDP and 1.3% GDP growth to that list of liberal successes
    What is sad here is that Congress makes the laws, the president only has the power to veto them, and yet you entirely wish to lay it on his lap to blame him. What is sadder is you want to make this into a partisan issue when both sides have contributed immensely to this problem going back 30 years. Please keep it up. You are contributing to killing our economy by playing political rhetoric rather than actually focusing on the actual problem.

    It is the economy! Namely consumer and lender confidence!

    Get that through your thick skull! It is not Obama. It is not Republican or Democrat! It is a political climate that you are contributing to that is hurting us! You are the problem!
    Quote Originally Posted by Bucky View Post
    The economy will improve under this bill. If a few people die, it will be for the betterament of this country.

  2. #42
    Sage
    Taylor's Avatar
    Join Date
    Aug 2009
    Location
    US
    Last Seen
    Today @ 08:43 AM
    Lean
    Undisclosed
    Posts
    6,170

    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by AdamT View Post
    Yes, it is bad. So what's your point? What would conservatives have done that wouldn't have actually made things much worse -- let alone better?
    Well that came out of left field - why all the guilt?

    It's like I just walked out of the pantry with an open jar in hand and said "Shoot, we're about out of peanut butter"... and you come tearing into the kitchen, "Yeah!? So what if the jar's almost empty! What, do you expect me to eat nothing? Are you really going to sit here and say you've never had a PBJ sandwich? Are you!!?"

  3. #43
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 06:14 PM
    Gender
    Lean
    Conservative
    Posts
    67,313

    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by CriticalThought View Post
    I stated there was no way to know the effect. Is this the best you can do now? You can distort my words? That is sad.


    What is sad here is that Congress makes the laws, the president only has the power to veto them, and yet you entirely wish to lay it on his lap to blame him. What is sadder is you want to make this into a partisan issue when both sides have contributed immensely to this problem going back 30 years. Please keep it up. You are contributing to killing our economy by playing political rhetoric rather than actually focusing on the actual problem.

    It is the economy! Namely consumer and lender confidence!

    Get that through your thick skull! It is not Obama. It is not Republican or Democrat! It is a political climate that you are contributing to that is hurting us! You are the problem!
    Yes, Congress makes the laws and prior to January 2011 the Democrats took total control of that Congress in January 2007. Obama had a blank check and generated those numbers. The actual problem is we have a Community Organizer as President and not a leader. Confidence comes from good leadership and we have none right now

  4. #44
    Sage
    Taylor's Avatar
    Join Date
    Aug 2009
    Location
    US
    Last Seen
    Today @ 08:43 AM
    Lean
    Undisclosed
    Posts
    6,170

    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by CriticalThought View Post
    The have taken the US economy hostage by using threat of default in an attempt to instill fiscally irresponsible measures that have no hope of passing the Senate or White House. The uncertainty they have created by doing so has been devastating to consumer and lender confidence.
    Devastating? That seems to be putting it lightly. It's not very often that a debate goes months back in time and kicks the first quarter GDP squarely in the ass.

  5. #45
    Sage
    pbrauer's Avatar
    Join Date
    Jun 2010
    Location
    Oregon
    Last Seen
    11-27-15 @ 03:31 PM
    Gender
    Lean
    Liberal
    Posts
    25,394

    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post
    As you stated the stimulus was a total and complete failure and here we are two years AFTER the recession ended and Obama has generated the following results:

    Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

    Now we can add. .4% GDP and 1.3% GDP growth to that list of liberal successes


  6. #46
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 06:14 PM
    Gender
    Lean
    Conservative
    Posts
    67,313

    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by pbrauer View Post
    When are you going to realize that chart does nothing for your argument? Notice the actual Obama debt 2009-2010 vs. projections? Shows the accuracy of projections, doesn't it?

  7. #47
    Sage
    Taylor's Avatar
    Join Date
    Aug 2009
    Location
    US
    Last Seen
    Today @ 08:43 AM
    Lean
    Undisclosed
    Posts
    6,170

    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by pbrauer View Post
    Yeah, well according to projections issued in Jan. 2008, we're due for surpluses as far as the eye can see, and were expected to average just 4.9% unemployment for 2010-2013.

    We kind of suck with budget projections.

    Sheesh, it's only been a couple years since those 2009 projections, and they're already proving to be hundreds of billions off.

    The only thing we can really be certain about is that when bad things do happen, it's because of Bush, Beck, and those tea party rabble-rousers stirring mistrust.
    Last edited by Taylor; 07-29-11 at 12:40 PM.

  8. #48
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    Today @ 03:05 PM
    Gender
    Lean
    Centrist
    Posts
    29,093

    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post
    Yes, Congress makes the laws
    I see...and yet who is it that signs them into law.. and can veto stuff?

    and prior to January 2011 the Democrats took total control of that Congress in January 2007.
    And who exactly was in the White House in January 2007 to January 2009? Who was it that was in power when the economy tanked? Who was in power when the housing bubble was created and put very much put into overdrive? Who was in power when that bubble finally as predicted went BOOOM? Who did nothing to prevent the bubble bursting? It was not Obama... nor the Democrats... no it was the GOP who had absolute power from 2001 to 2007. They did NOTHING but pile on cost after cost while cutting revenue time and time again and growing the debt.

    Obama had a blank check and generated those numbers.
    So it is Obama's fault that the previous President started 2 wars that were not funded, cut the taxes for the uber rich, bailed out the banks and so on and so on? You do realize the biggest hit to the US deficit is the Bush tax cuts right? Next comes 2 wars...

    The actual problem is we have a Community Organizer as President and not a leader.
    Rather have a community organizer than a half dead war veteran with mental issues and a VP that has the IQ of a snail. And like it or not, this Community Organizer has done far better than the previous President, a daddy's boy who never worked a day in his life.

    Confidence comes from good leadership and we have none right now
    I actually agree.. but it is not the leadership in the White House that is the main problem... it is the lack of balls and leadership in the US congress. When you have a group of idiots who refuse to compromise then you have a serious problem and when that small group wields such much power in one party that it has the ability to block any compromise and drive the US off the cliff... then you have a serious problem.

    Do you want leadership? Tell that to the "sad tangerine" aka Bohener to say "**** the tea party" and take those who want to compromise and join the Democrats in house to pass something that avoids default. But what does he do? He adds a poison pill to his own plan to get some Tea Party support!.. that aint leadership, that is caving to fanatics and frankly... terrorists.
    PeteEU

  9. #49
    Sage
    pbrauer's Avatar
    Join Date
    Jun 2010
    Location
    Oregon
    Last Seen
    11-27-15 @ 03:31 PM
    Gender
    Lean
    Liberal
    Posts
    25,394

    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post
    When are you going to realize that chart does nothing for your argument? Notice the actual Obama debt 2009-2010 vs. projections? Shows the accuracy of projections, doesn't it?
    Look at 2009 which is Bush's budget, a $1.2 trillion deficit.


  10. #50
    Sage

    Join Date
    Apr 2008
    Location
    Huntsville, AL (USA)
    Last Seen
    Yesterday @ 09:48 PM
    Gender
    Lean
    Moderate
    Posts
    9,773

    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by CriticalThought View Post


    The markets work on confidence. The pony show of not raising he debt ceiling has done nothing to improve confidence. To the contrary, it has directly resulted in hurting confidence and thereby hurting the markets. The longer the game goes on, the worse the impact will be.
    Quote Originally Posted by Taylor View Post
    Oh, really? Rather than spending all this money on foreign aid, maybe we should just send Tony Robbins out to Ethiopia or Zimbabwe and really get things pumping.
    "[Sic]There's turbulence in our capital markets, and it's been going on since August (2007). We're all over, we're looking for ways to work our way through it. I've got great confidence in our markets, thay're resilient, they're flexible, but this has taken some time and we're focused on it." - Henry Paulson during interview with Matt Lauer, NBC's Today Show

    "There's a broad lack of confidence out there. We're hearing it from our clients, our customers; we're seeing it in our prime brokerage." - Jamie Dimon, CEO, JP Morgan Chase
    Quotes taken from the book, "Too Big To Fail," by Andrew Ross Sorkin (pages 32 and 242, respectively). But there are several other such quotes from the book that also speak of investor confidence, or the lack thereof, in U.S. markets. It must be pointed out, however, that this lack of confidence didn't start with the Obama Administration (though many say it has been exasborated). It began in the Spring of 2007 and hasn't quite let up since.

    'Nuff Said.
    Last edited by Objective Voice; 07-29-11 at 12:51 PM.

Page 5 of 33 FirstFirst ... 3456715 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •