• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

U.S. GDP Grows Just 1.3%

winston53660 said:
Here's another little interesting observation:

In an op-ed in today's Miami Herald, Weiner and Horton cite a 5.4% GDP growth under Democratic presidents since 1930...
Click to expand...

<Pause>​

Hmm, I wonder why they chose to start with Democrats since 1930 instead of -- i dunno -- Republicans since 1950 or something...

gdp1.bmp


Oh. That's why!

<Resume>​

winston53660 said:
...emocratic presidents since 1930, "who have emphasized people programs and resisted rich tax breaks," versus 1.4% growth under Republican presidents, who have enacted rich tax cuts, paralleling current Republicans.
Click to expand...
I don't know about the rest of you, but I'm not exactly pining to relive the mid-30's, when much of this glorious, people centric, Richie-Rich pay-up! growth occurred.

Or WWII for that matter... :shrug:
 
FilmFestGuy said:
No one. It's his own damn fault for not taking this debt ceiling issue by the balls and ever trusting the Great Pumpkin in negotiations.
Click to expand...

He has been in charge 2 1/2 years, had total control of the Congress his first two years part of which it was filibuster proof and could have addressed this problem then but didn't. He has yet to take anything by the balls showing that he is a community organizer not a leader. He delegates responsibility and blames everyone else which no good leader could ever do. Hell, his budget was defeated 97-0 and he has no plan for the debt ceiling. He delegated responsibility for creating the Stimulus bill, for healthcare, and now for the debt ceiling. That is poor leadership or no leadership at all.
 
FilmFestGuy said:
It's the gay's fault that their marriage is miserable.
Click to expand...

i'm sorry, but you're cracking me up

this, in my view, is what happens when one's rant to link ratio gets too high

don't mind me, carry on

did you hear about the gdp---1.3%

ouch

doesn't even keep up with population

and only .4 last quarter

that's close to DOUBLE DIP

housing, by the way, which more than anything else got us all here, is now OFFICIALLY there

may 5: CNBC: It's Official, Home Values Double Dip

party on, progressives
 
FilmFestGuy said:
What point? I'm not really saying that Republicans are directly responsible for this, but like Obama they promised miracles if people would vote for them.

And they didn't achieve them, did they?

But again, they are trying to pass a bill that will still ruin the US credit rating, increase the national debt, increase interest rates on working Americans, and force everyone back into the same boat we're in right now in just six months. What an incredibly responsible bill that is!
Click to expand...

They've had one house for a few months. Do you know how Washington works?
 
Conservative said:
I am talking about the 2011 budget that was due last year before October, the Democrats ignored it and operated on CR's. The GOP took control and submitted a budget with spending cuts, it was rejected by the Senate and Obama who wants this crisis as a lifeline to re-election. Looks like it isn't working with the current approval ratings.

Gallup.Com - Daily News, Polls, Public Opinion on Government, Politics, Economics, Management
Click to expand...
Well, let's see...

As I posted earlier, Congress was working under the Balanced Budget and Emergency Deficit Control Act of 1985, as extended in February 2004 to cover expenditures thru FY2009. That took spending out to atleast September 30, 2009. When did the perverbial **** hit the fan? That's right! October, 2008. EVERYTHING went to hell in a handbasket at the beginning of FY2008 and continued well into FY2010 which takes us to September 30, 2010. It's no wonder no real budget's been submitted. If you really stop and THINK about what's transpired from the Fall of 2008 til now, I really don't see how any side of the political divide could have operated on anything other than a CR atleast until the end of FY2009 - which takes us into the lame duck session.

And just so we all understand matters, would you want to make a budget proposal in the midterm election? Could you do so effectively? How will Congress look afterwards? As we see, the Dems lost the House, didn't they? But the newly elected Congress (House) campaigned on doing two things once elected:

1) vote to repeal ObamaCare; failed and the GOP knew it was a futile effort to begin with; and,

2) submit a jobs bill which according to the President's public statement as recent as July 18, 2011, still languishes in the Republican controlled House!

And you expect the economy to move forward and jobs - even public works projects - to begin in earnest with no jobs bill? I may agree somewhat with Conservatives that the Stimulus bill didn't do all as promised, but atleast it had funding for public works projects in it. All the States had to do was act on those fundings; they haven't. Why? I suspect it's "politics as usual" considering that atleast half the States are now either run by Republican Governors or their legislature is controlled by Republican majorities. Look at what's happened since they took control? They've added to the unemployment numbers by forcing public employees out of work. And you expect me to view their actions as "responsible governance?" Please!!! :roll:

To take this matter one-step further, the Tea Partiers may be standing on principle right now, but that's NOT what the country needs right now. It needs solidarity, and the only person who has called for it has been...wait for it...

President Barack H. Obama, Jr.

This isn't a love-fest; it's filtering out the white noise of politics and truly seeing what's happening out there. The GOP came into 2011 with a plan, and if you've read the book, "Revolt!" you know exactly what that plan entails. Holding out on increasing the debt limit even if it meant going up to the very last day (which technically speaking, TODAY MARKS THAT DAY!) was part of their plan. Read pages 106 - 108 and post what it says (I'd do it, but I left my copy of the book at home, but anyone can view snippets of the text just by going to Amazon.com and performing a simple keyword search, "debt ceiling". It say very clearly, "the debt ceiling is a fiction vote...Obama will likely veto it (paraphrase).
 
Last edited:
FilmFestGuy said:
And Congress, we're supposed to blame fiscally, but president's on calendar year, right? Even going back to January 1, 18 days before they take office? Is that the most effective way to judge them?
Click to expand...
Don't forget the "Obama rule." That's where you hold the president accountable for the economy from the day they were elected.
 
Keep cheerleading. If your boys "win" this one you can celebrate a full-blown depression.
 
Sheik Yerbuti said:
Do you realize that when I make a point and you can't refute it, but instread, repeat Obama's JAR or economic numbers, I take that to mean you know I'm right?
Click to expand...

Since you ignore the Obama results and anything that I use to refute your comments, it serves no purpose other than to restate the same thing over and over again. Keep digging that hole deeper and deeper
 
AdamT said:
Keep cheerleading. If your boys "win" this one you can celebrate a full-blown depression.
Click to expand...
Hey! Thats fearmongering!
When did you become a Republican?
 
Sheik Yerbuti said:
Don't forget the "Obama rule." That's where you hold the president accountable for the economy from the day they were elected.
Click to expand...

It's been over 2 1/2 years. When exactly (withing a month is fine) does it belong to him?
 
Sheik Yerbuti said:
Don't forget the "Obama rule." That's where you hold the president accountable for the economy from the day they were elected.
Click to expand...

So Obama was responsible then for the 2009 results after he took office? Thanks for finally admitting that.
 
Conservative said:
So Obama was responsible then for the 2009 results after he took office? Thanks for finally admitting that.
Click to expand...

Yep, just like Bush was responsible for 9-11 and Reagan was responsible for the second worst recession since WWII.
 
AdamT said:
Yep, just like Bush was responsible for 9-11 and Reagan was responsible for the second worst recession since WWII.
Click to expand...

Bush isn't in office, nor is Reagan. You seem to have a problem understanding that reality. The Obama results are on the ballot and the American people are waking up
 
AdamT said:
Yep, just like Bush was responsible for 9-11 and Reagan was responsible for the second worst recession since WWII.
Click to expand...
Lets see;
1: Blame Republicans. Check.
2: Absolve Democrats. Check.
3: Defend The Obama. Check.

Excellent work - your masters are proud!
 
Conservative said:
Bush isn't in office, nor is Reagan. You seem to have a problem understanding that reality. The Obama results are on the ballot and the American people are waking up
Click to expand...

What I understand is that you want to blame Obama for a recession that hit long before he became President, and that you have no idea what should be done about the economy but you are full of criticism. That about it?
 
AdamT said:
What I understand is that you want to blame Obama for a recession that hit long before he became President, and that you have no idea what should be done about the economy but you are full of criticism. That about it?
Click to expand...

No, I want to blame Obama for the lies and his inability to fix the problem he claimed he had the answers to. You bought the rhetoric, I didn't. Obama is a community organizer and not a leader. He had no leadership skills and that is showing now. Results matter, not rhetoric, remember that
 
AdamT said:
What I understand is that you want to blame Obama for a recession that hit long before he became President...
Click to expand...
At what time will you hold The Obama responsible for the economy?
 
Last edited:
Conservative said:
No, I want to blame Obama for the lies and his inability to fix the problem he claimed he had the answers to. You bought the rhetoric, I didn't. Obama is a community organizer and not a leader. He had no leadership skills and that is showing now. Results matter, not rhetoric, remember that
Click to expand...

Lies? What lies? Try to be specific.

And when problem did Obama claim he was going to fix? Again, please be specific.
 
The Prof said:
did you hear about the gdp---1.3%

ouch

doesn't even keep up with population

and only .4 last quarter

that's close to DOUBLE DIP
Click to expand...
Nooo.. I wouldn't worry that much. I know it seems like things are getting worse, but if you listen carefully to Bernanke and the media, it's clear that we've just had a string of bad luck.

I mean, first there was that "bump in the road,"
then we had that "temporary stutter" -- just as things were going to take off!
Then... boom! "Soft Patch."

I chuckled a bit on that one, I mean ain't that just our luck?
Who else, right?

I'm not sure what's causing things now, probably just a "hicup"... at worst a "minor setback." I really doubt we're in for a "stutter" or anything like that.

But cheer up! Bernanke will explain it all soon, you'll see!
 
PzKfW IVe said:
At what time will you hold The Obana responsible for the economy?
Click to expand...

I hold Obama responsible for doing what he can do. It's as simple as that. The economy would probably be better if he had done a significantly larger stimulus, but realistically he probably couldn't have gotten more than he did ... since he needed at least token republican support. The debt situation would not be quite so bad if he had been able to roll back some of the Bush tax cuts, but the republicans would not allow that. The markets would not be tanking if he had signed the $4 trillion debt extension deal he was offering, but the republicans would not have that. The health care reform law would have been better, and would have saved more, if it had a public option, but the republicans would not have that. Financial reform legislation would have been stronger, but republicans would not allow that. The consumer protection agency could have had more teeth, but republicans will not allow that.

Are you seeing a trend here?
 
You must log in or register to reply here.
Back
Top Bottom