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Thread: United States loses its AAA Credit rating from S & P

  1. #911
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Nice distortion, do you know what the average unemployment rate was during the Bush years? So what is your excuse for the Obama record today? What is it about liberalism that creates such loyalty? Must be youth and inexperience.

    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 cause a credit downgrade
    The average employment rate is irrelevant. What matters is the employment situation that Bush handed to Obama, which was historically disasterous.

  2. #912
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    What does that have to do with the present and the Obama results? Is this what you voted for?
    Good question. You brought up GHW Bush, so maybe you can answer it?

  3. #913
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Nice distortion, do you know what the average unemployment rate was during the Bush years? So what is your excuse for the Obama record today? What is it about liberalism that creates such loyalty? Must be youth and inexperience.

    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 cause a credit downgrade
    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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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by AdamT View Post
    The average employment rate is irrelevant. What matters is the employment situation that Bush handed to Obama, which was historically disasterous.
    Yes, Obama handed Obama 12.6 million unemployed and today it is over 15 million. He handed Obama 142.2 million working Americans and it is now 139 million. Obama apparently thought Bush was doing such a great job that he took the Bush results and made them worse

  5. #915
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Obama's job was to "fix the Bush" mess as you call it but obviously ignore the Democrat Control of Congress that allowed those results to happen. If you ever ran anything you would understand that leaders always inherit someone else's problems and it is their job to fix it. If they don't then someone else will be hired to do it. The best news business can get today is Obama resigning.
    I see. So under Bush it was all Congress' fault, but under it's NOT Congress' fault -- it's all Obama's fault. That makes sense.

  6. #916
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by AdamT View Post
    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.
    I posted the Obama improvements in post 915, read them

  7. #917
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by AdamT View Post
    I see. So under Bush it was all Congress' fault, but under it's NOT Congress' fault -- it's all Obama's fault. That makes sense.
    Congress makes the laws and Congress approves all the legislation. That is basic civics. Seems to day 2 1/2 years after Obama took office you are still blaming Bush for Obama results

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Yes, Obama handed Obama 12.6 million unemployed and today it is over 15 million. He handed Obama 142.2 million working Americans and it is now 139 million. Obama apparently thought Bush was doing such a great job that he took the Bush results and made them worse
    A picture is worth a thousand words:


  9. #919
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by AdamT View Post
    A picture is worth a thousand words:

    Actually factual results are worth a thousand words except to a liberal. Didn't Obama inherit a AAA credit rating from Bush?

    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 cause a credit downgrade

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Congress makes the laws and Congress approves all the legislation. That is basic civics. Seems to day 2 1/2 years after Obama took office you are still blaming Bush for Obama results
    Not at all. I credit Obama with doing as well as he could given where he started and given the resistence he faces. You simply want to ignore the starting point.

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