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Thread: Breaking: Agreement has been reached on raising the debt limit....

  1. #141
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    Re: Obama: We have a deal

    Quote Originally Posted by Sheik Yerbuti View Post
    It worked for Clinton.
    Sure did, gave him a GOP Congress that submitted budgets less than Clinton wanted

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Since Obama made the right call, explain how we have .4% and 1.3% GDP growth the first two qtrs. of 2011 and how we have 24 million plus unemployed and under employed Americans today? Obama budgets are 3.7 trillion dollars. the 2008 Bush budget was 3.0 trillion. Look at what we have to show for that increase in spending?
    Unfortunately Obama is a human being -- not a wizard who can wave a magic wand and raise the housing and construction industry from the dead. He couldn't mix up a potion and magically make the $10 trillion that world markets shed suddenly reappear (though he's doing a pretty good immitation of that).

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    Re: Obama: We have a deal

    Quote Originally Posted by AdamT View Post
    Unfortunately Obama is a human being -- not a wizard who can wave a magic wand and raise the housing and construction industry from the dead. He couldn't mix up a potion and magically make the $10 trillion that world markets shed suddenly reappear (though he's doing a pretty good immitation of that).
    Is this what you hired Obama to create?

    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).

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Where do you get your information? Obama was in the Congress and voted for TARP yet he claims he inherited a deficit which of course included TARP. You cannot inherit what you helped create. You continue to buy his rhetoric and the question is why? GDP growth for the past 6 qtrs has declined, why? What has OBama done that has improved the economy?
    TARP was approved by both houses of Congress and signed by a Republican Congress. Obama didn't approve of the Bush tax cuts or the Iraq war. Should we subtract those expenses from his deficit numbers?

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    Re: Obama: We have a deal

    Quote Originally Posted by AdamT View Post
    TARP was approved by both houses of Congress and signed by a Republican Congress. Obama didn't approve of the Bush tax cuts or the Iraq war. Should we subtract those expenses from his deficit numbers?
    Here we go again, the Bush tax cuts caused the deficits when there is no proof of that at all and in fact Bush is being judged by people like you on false information. From 2003-2007 Govt. revenue grew after those tax cuts thus couldn't cause any deficit.

    Deficits are yearly debt is cumulative. Obama has increased defense spending over the Bush years while the wars are being wound down. Sorry but the deficits are Obama's and not Bush's.

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Is this what you hired Obama to create?

    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).
    Indeed, you can point to the numbers and say "SEE!" all day long, but it means nothing unless you also consider what *could* have happened without his policies, and also what he's had to contend with (i.e., a minority that has opposed his every move and thrown out the rule book to subvert majority rule).

    Let's try an analogy. Say your house catches on fire and it's burning out of control. The fire department responds immediately and manages to put out the flames, saving most of the structure so that it can be rebuilt. Do you say, "hey, thanks for saving what you could"? In your case, you say, "hey, you firefighters suck! My taxes pay you guys and look what happened! Half my house is burned and the rest is water logged!!"

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    Re: Obama: We have a deal

    Quote Originally Posted by AdamT View Post
    It's not amazing that the recession ended about half a year into Obama's presidency. He made the right calls to help reverse the slide.
    Ah... So, since The Obama has enacted economic policy to 'take over' control of the "Bush economy", He then is responsible for what happens to said economy.
    I will be sure to look for you taking Him to task in that regard, especially in terms of low GDP growth, high unemployment and slow job growth.
    Last edited by PzKfW IVe; 08-01-11 at 11:54 AM.

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    Re: Obama: We have a deal

    Quote Originally Posted by AdamT View Post
    Indeed, you can point to the numbers and say "SEE!" all day long, but it means nothing unless you also consider what *could* have happened without his policies, and also what he's had to contend with (i.e., a minority that has opposed his every move and thrown out the rule book to subvert majority rule).

    Let's try an analogy. Say your house catches on fire and it's burning out of control. The fire department responds immediately and manages to put out the flames, saving most of the structure so that it can be rebuilt. Do you say, "hey, thanks for saving what you could"? In your case, you say, "hey, you firefighters suck! My taxes pay you guys and look what happened! Half my house is burned and the rest is water logged!!"
    What could have happened? You want to believe what Obama tells you yet has never been right on any economic prediction. What is it about Obama that creates such loyalty. Stop buying the rhetoric and get the facts.

    The house(economy) wasn't burning down when Obama took office, the recession was winding down. You want so badly to believe he saved the economy but ignore the results today which show a different story. 14.4 trillion in debt, 24+ million unemployed or under employed Americans, most unemployed than when he took office, and a disastrous GDP which indicates a double dip possibility. Obama is an empty suit lacking in any leadership skills yet you buy the smile and the rhetoric.

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Here we go again, the Bush tax cuts caused the deficits when there is no proof of that at all and in fact Bush is being judged by people like you on false information. From 2003-2007 Govt. revenue grew after those tax cuts thus couldn't cause any deficit.

    Deficits are yearly debt is cumulative. Obama has increased defense spending over the Bush years while the wars are being wound down. Sorry but the deficits are Obama's and not Bush's.
    Of course there's proof that the tax cuts increased deficits. Don't be silly. They increased the debt by over $1.2 TRILLION. Some peg the cost at over $2 trillion.

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post

    Sure did, gave him a GOP Congress that submitted budgets less than Clinton wanted
    If that were true, the growth in employment wouldn't have begun before Republicans took over the Congress in 1995 -- but it did. At jobs kept growing until Bush took over, even though Republicans still controlled the Congress.

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