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United States loses its AAA Credit rating from S & P

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Conservative said:
Just like Democrats will have happen in 2012, the results show the American people what a mistake they made
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Yes, what a mistake they made voting for Bush INC.

54 percent of Americans say Bush is to blame for exploding the federal deficit and swelling unemployment, whereas just 27 percent believe it is President Obama's fault.
 
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shintao said:
Yes, what a mistake they made voting for Bush INC.

54 percent of Americans say Bush is to blame for exploding the federal deficit and swelling unemployment, whereas just 27 percent believe it is President Obama's fault.
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Shows the power of the press although current approval numbers for Obama show that changing. After 2 1/2 years in office and generating the results Obama has generated 2 years after the end of recession says it all. LIberals and Obama supporters continue to buy the rhetoric, fortunately that is a declining number as the disapproval numbers over 50% show.

Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 24+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 40% JAR and well over 50% disapproval ratings.
 
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Conservative said:
Shows the power of the press although current approval numbers for Obama show that changing. After 2 1/2 years in office and generating the results Obama has generated 2 years after the end of recession says it all. LIberals and Obama supporters continue to buy the rhetoric, fortunately that is a declining number as the disapproval numbers over 50% show.

Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 24+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 40% JAR and well over 50% disapproval ratings.
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And what Obama inherited: economy shedding 700,000+ jobs per month, GDP shrinking at 6+% per year, financial institutions teetering on the edge of collapse, trillion+ deficit.... Nice improvement.
 
AdamT said:
And what Obama inherited: economy shedding 700,000+ jobs per month, GDP shrinking at 6+% per year, financial institutions teetering on the edge of collapse, trillion+ deficit.... Nice improvement.
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Right, and Obama took the jobs report and made it worse, more unemployed today than when he took office, a net job loss, reduction in the labor force, GDP growth indicating a double dip on the horizon. Those are great results and apparently what you voted for.
 
Conservative said:
Right, and Obama took the jobs report and made it worse, more unemployed today than when he took office, a net job loss, reduction in the labor force, GDP growth indicating a double dip on the horizon. Those are great results and apparently what you voted for.
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The economy is adding jobs every month -- not losing more than half a million jobs every month. GDP is still growing -- not falling off a cliff, like it was when Shrub handed him the keys. Nice improvement.
 
AdamT said:
The economy is adding jobs every month -- not losing more than half a million jobs every month. GDP is still growing -- not falling off a cliff, like it was when Shrub handed him the keys. Nice improvement.
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if the economy is adding jobs every month how can their be a net job loss? with a growing population how can there be a reduction in the labor force. Do you know what the labor force is and means?
 
j-mac said:
So what is Harry Reid's response in the past year anytime he gets a budget spending cut measure? Table it? Kill it?

Look, I'd give it to you that in the Bush years, repubs bought into the liberal pap, and started acting like demo's when it came to spending our tax money. That is a major reason they were voted out in '06. However, at least in the freshmen house members case of '10 the tide toward fiscal responsible actions is trying to make a come back, no matter how liberals, RHINO's, and progressive/marxists/socialists in the congress, and WH cry, moan, and bitch.

j-mac
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Bough into liberal pap? Please, don't make excuses. Allow republicans to be responsible for what they are responsible for. It's called personal responsibility.
 
Boo Radley said:
Bough into liberal pap? Please, don't make excuses. Allow republicans to be responsible for what they are responsible for. It's called personal responsibility.
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Where is the liberal responsibility for the following

Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 40% JAR and well over 50% disapproval ratings.
 
Conservative said:
Where is the liberal responsibility for the following

Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 40% JAR and well over 50% disapproval ratings.
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Squirrel!!!!!

:coffeepap
 
Conservative said:
if the economy is adding jobs every month how can their be a net job loss? with a growing population how can there be a reduction in the labor force. Do you know what the labor force is and means?
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People retire. People go to school and stop looking for jobs. You do realize that the labor force participation rate fell every year that Bush was President, right? Except for '07 -- at the height of the real estate bubble? Then it really started falling off a cliff in 2008 and it hasn't recovered yet.

Nontheless, "Total nonfarm payroll employment rose by 117,000 in July, and the unemployment rate was little
changed at 9.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health
care, retail trade, manufacturing, and mining. Government employment continued to trend down."

http://www.bls.gov/news.release/pdf/empsit.pdf
 
Conservative said:
Where is the liberal responsibility for the following

Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 40% JAR and well over 50% disapproval ratings.
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You should really see someone for your alzheimers.

And what Obama inherited: economy shedding 700,000+ jobs per month, GDP shrinking at 6+% per year, financial institutions teetering on the edge of collapse, trillion+ deficit.... Nice improvement.
 
Boo Radley said:
Squirrel!!!!!

:coffeepap
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Hate to confuse you with facts, 2 1/2 years after taking office and over two years since the end of the recession these are the results Obama has generated. The best you can do is divert and ignore those facts as you continue to buy the rhetoric. Looks like you are actually worse than a squirrel
 
Conservative said:
Hate to confuse you with facts, 2 1/2 years after taking office and over two years since the end of the recession these are the results Obama has generated. The best you can do is divert and ignore those facts as you continue to buy the rhetoric. Looks like you are actually worse than a squirrel
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That's right, he has turned negative growth into positive growth. Sorry if he isn't cleaning up the Republican's spilled milk fast enough for you.
 
AdamT said:
You should really see someone for your alzheimers.

And what Obama inherited: economy shedding 700,000+ jobs per month, GDP shrinking at 6+% per year, financial institutions teetering on the edge of collapse, trillion+ deficit.... Nice improvement.
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The one that seems to be an expert on the past but ignores the present is you. Net jobs loss, more unemployed today than when he took office, dropping labor force. Those results that you say are better than what he inherited? What is in that kool-aid you are drinking?
 
Conservative said:
The one that seems to be an expert on the past but ignores the present is you. Net jobs loss, more unemployed today than when he took office, dropping labor force. Those results that you say are better than what he inherited? What is in that kool-aid you are drinking?
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Sure, no one is denying that Obama isn't a wizard. He couldn't wave his magic wand and make the worst recession in three generations disappear over night. You would have to be insane to think that he could.
 
AdamT said:
That's right, he has turned negative growth into positive growth. Sorry if he isn't cleaning up the Republican's spilled milk fast enough for you.
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Can you name me a modern day President that had these kind of economic results two years after the end of a recession? you really ought to pay attention to the declining economic results since first qtr 2010

2009 GDP Growth

1st -6.7
2nd -.7
3rd 1.7
4th 3.8

2010

1st 3.9
2nd 3.8
3rd 2.5
4th 2.3

2011

1st .4
2nd 1.3(Preliminary)

Want to be that the 1.3% GDP growth isn't downgraded when the actuals show up like the 1.9% projection first qtr 2011 that was reduced to a .4% actual? These are the economic results you are proud of
 
AdamT said:
Sure, no one is denying that Obama isn't a wizard. He couldn't wave his magic wand and make the worst recession in three generations disappear over night. You would have to be insane to think that he could.
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Why not? He waved the taxpayer checkbook at the problem,had a blank check, total control of the legislative process much more than any Republican ever had and still generated these results. Nothing is going to change the mind of the brainwashed
 
Conservative said:
Can you name me a modern day President that had these kind of economic results two years after the end of a recession?
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No modern president has had to deal with a recession this severe. But what I can tell you is that recovery times have been increasing for each successive recession since the 1980s. This is part of a long term trend.
 
AdamT said:
People retire. People go to school and stop looking for jobs. You do realize that the labor force participation rate fell every year that Bush was President, right? Except for '07 -- at the height of the real estate bubble? Then it really started falling off a cliff in 2008 and it hasn't recovered yet.

Nontheless, "Total nonfarm payroll employment rose by 117,000 in July, and the unemployment rate was little
changed at 9.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health
care, retail trade, manufacturing, and mining. Government employment continued to trend down."


http://www.bls.gov/news.release/pdf/empsit.pdf
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Great news? The labor force dropped, more discouraged people dropped out of the labor force and are no longer counted as unemployed. The total Labor Force is dropping. Prove that they dropped every year of the Bush Presidency. You can't so you just spout DNC talking points. The liberal elites love having people like you and continue to laugh at you.
 
AdamT said:
No modern president has had to deal with a recession this severe. But what I can tell you is that recovery times have been increasing for each successive recession since the 1980s. This is part of a long term trend.
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Here we go again, 17.5%+ interest rates, 20%+ misery index, and 10.8% unemployment is worse by any standard today. A bad recession today is the inability to get the latest IPOD, IPAD, or cell phone.
 
Conservative said:
Why not? He waved the taxpayer checkbook at the problem,had a blank check, total control of the legislative process much more than any Republican ever had and still generated these results. Nothing is going to change the mind of the brainwashed
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All untrue. He did not have a blank check. He had to dicker with moderate Republicans. He didn't have total control of the legislature. Blue Dogs did not heel. He has also had to deal with the most obstructive minority party in modern memory.
 
Conservative said:
Shows the power of the press although current approval numbers for Obama show that changing. After 2 1/2 years in office and generating the results Obama has generated 2 years after the end of recession says it all. LIberals and Obama supporters continue to buy the rhetoric, fortunately that is a declining number as the disapproval numbers over 50% show.

Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 24+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch! 40% JAR and well over 50% disapproval ratings.
Click to expand...

Do you actually think the public view of who is to blame for the economy changes?? LOL! I give the people more credit than that. For instance, do you think the public view of who invaded Iraq has changed? Or do you think the people are thinking Obama started the war? I trying to show you the fallacy in your logic. Everything you point out is just further proof of how bad Bush screwed the American people - it all goes back to the Bush doorstep. If I shoot & kill someone, people don't think someone else killed the guy years later, or his family members change their minds and blame someone else instead.
 
Conservative said:
Great news? The labor force dropped, more discouraged people dropped out of the labor force and are no longer counted as unemployed. The total Labor Force is dropping. Prove that they dropped every year of the Bush Presidency. You can't so you just spout DNC talking points. The liberal elites love having people like you and continue to laugh at you.
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I didn't say the LFPR dropped every year -- I said every year except '07 -- height of the real estate bubble. I'll have to amend that -- it was every year except '06 and '07. You can see the clear trend in the graph linked below. The labor force grew consistently throughout Clinton's presidency, then fell consistency through Bush's presidency to the present, with a brief blip represented by the real estate bubble:

Notice: Data not available: U.S. Bureau of Labor Statistics
 
AdamT said:
All untrue. He did not have a blank check. He had to dicker with moderate Republicans. He didn't have total control of the legislature. Blue Dogs did not heel. He has also had to deal with the most obstructive minority party in modern memory.
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He had more control of the Congres than Bush ever did, Pelosi and Reid, you for some reason you expected Bush to have better results with the Democrat control 2007-2008? Talk about being a partisan? Wow, what is it in that kool-aid you are drinking and what is it about liberalism that creates such loyalty?
 
shintao said:
Do you actually think the public view of who is to blame for the economy changes?? LOL! I give the people more credit than that. For instance, do you think the public view of who invaded Iraq has changed? Or do you think the people are thinking Obama started the war? I trying to show you the fallacy in your logic. Everything you point out is just further proof of how bad Bush screwed the American people - it all goes back to the Bush doorstep. If I shoot & kill someone, people don't think someone else killed the guy years later, or his family members change their minds and blame someone else instead.
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The Obama results speak volumes, keep ignoring them
 
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