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Thread: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, negativ

  1. #21
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    The private sector is doing fine, what we need is more government employees (bigger government) in order to improve the economy.

    Oh brother, Obama is clueless. I'm scared.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by Your Star View Post
    Quote is taken out of context, he was commenting on how the economy has grown over his Presidency, and these last few months aren't really representative of the economy over his term. But don't expect the republicans, or the cons here to actually listen to those facts. But it's too far away from November this really isn't going to have an effect.
    I put the quote in context, he said the problem with the economy was all the gov workers that have been laid off and that the private sector was doing just fine. Where is your confusion here?

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by PeteEU View Post
    No it is a fact. Could they do better? of course... but compared to when they were shedding 700k jobs a month under the last months of Bush, then private sector is doing fine. Obama is being factual, although I do admit it is a stupid comment considering the political climate.

    But Romneys response is even more stupid.... we dont need firemen, teachers and policemen? LOL come on.. talk about being out of touch.
    Summary: We are still in negative territory in terms of jobs numbers since Obama took office. We still have 740,000 FEWER jobs now than when Obama was inaugurated and 161,000 FEWER jobs in the private sector than when Obama was inaugurated.


    Molly's Middle America: How Many Jobs Has Obama Created or Lost? (March 2012 update)

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by jordace13 View Post
    Its amazing to me how this man cannot catch a break. At least whats hes saying is some what true. What Romney says has no truth at all. Hes a piggybacker.
    If the economy is "doing fine", according to Obama, then how can it be the "fault" of the GOP that it this so? ;-)
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by ttwtt78640 View Post
    If the economy is "doing fine", according to Obama, then how can it be the "fault" of the GOP that it this so? ;-)
    Excellent point! First Obama blaims the economy on Bush then he says the private sector is "doing just fine". Apparently he is praising Bush.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by sawyerloggingon View Post
    Summary: We are still in negative territory in terms of jobs numbers since Obama took office. We still have 740,000 FEWER jobs now than when Obama was inaugurated and 161,000 FEWER jobs in the private sector than when Obama was inaugurated.


    Molly's Middle America: How Many Jobs Has Obama Created or Lost? (March 2012 update)
    So the private sector is doing better then.. thanks for pointing that out and proving Obama correct.

    Oh and that link. HAHAH.. she is actually trying to argue that seasonally unadjusted numbers actually mean something.. pathetic.
    Last edited by PeteEU; 06-09-12 at 11:20 AM.
    PeteEU

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by PeteEU View Post
    So the private sector is doing better then.. thanks for pointing that out and proving Obama correct.
    If you think less jobs in the private sector now than when obama took office is better it's no wonder you support him.

    Besides he didn't say better, he said fine. Less jobs now than when he took over is fine????? WTF

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by sawyerloggingon View Post
    Summary: We are still in negative territory in terms of jobs numbers since Obama took office. We still have 740,000 FEWER jobs now than when Obama was inaugurated and 161,000 FEWER jobs in the private sector than when Obama was inaugurated.


    Molly's Middle America: How Many Jobs Has Obama Created or Lost? (March 2012 update)
    You are using those darned "whole term" FACTS again. The MSNBC folks choose different facts, they draw a line, using the bottom of the recession as the base line, then attribute all before that point to "Bush" policy (since he signed the demorat congressional majority produced bills) and then attribute all "progress" from that low point to "Obama" policy, even if that includes nothing of consequence at all since 2010.

    Obama must now run on his major "accomplishments" that seem to include a private economy that is "doing fine" and endless war on terror that he vowed to end, a doubled federal deficit that he vowed to cut in half and attempting to paint a gloom and doom picture if the "mean old GOP" returns to power. The basis for Obama's ideas to rile up "the base", is exactly what is turning off the 'moderate' and 'independent' voters, so all the GOP has to do is say, over and over, what Obama promised and what he actually delivered.

    Obama can rant all day long about how the GOP is the party of the rich, but the vast majority of middle America can see that even under Obama and the demorats, that the middle class is no better off under Obama and that they are being saddled with massive debt for no gain at all. Obama running as the "jobs" president is not going to work out well for him.
    Last edited by ttwtt78640; 06-09-12 at 11:24 AM.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Silly thing to say, given the overall state of the economy in a election year no less, but his broader point is something that must be considered, the only area in which state and local governments have direct influence and oversight has also experienced the heaviest job losses. Instead of attempting to design another heavily incentive based stimulus, why not directly fund the retainment of the current labor force? At this point, it seems like a no-brainer, further lay-offs coupled with already anemic growth isn't a ideal scenario.

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    Re: Obama says private sector 'doing fine,' then Standard & Poor keeps downgrade, neg

    Quote Originally Posted by sawyerloggingon View Post
    If you think less jobs in the private sector now than when obama took office is better it's no wonder you support him.

    Besides he didn't say better, he said fine. Less jobs now than when he took over is fine????? WTF
    No I care about the facts. That you and dear Molly from the article you linked, have to use seasonally unadjusted numbers to manufacture a falsehood only shows how desperate the right are in discrediting Obama and what he has actually accomplished the last 3 years. Like it or not, the stock market is back near the top of before the crisis.. the US corporations are sitting on huge profits and bank accounts and not investing and there has been job growth for many many months on end. Compared to the situation when Obama took over.. yes the private sector is doing fine!

    It is amazing how forgetful the right are when it comes to their own pathetic record of the last 11 years... you left Obama with an economy loosing 700k jobs a month! He has turned that around to actually gaining jobs a month despite being in a world wide economic crisis thanks to in part the US right.

    Now we can discuss if it is good enough .. and I would agree it is not good enough and we can debate why it has not good enough and how it could be better... , and then we can debate if the fool Romney or the GOP can do any better ... and considering their record and actions.. err inactions over the last 4 years, then the answer has to be no. Their only answer is the same tired debunked policies that lead you into the hole that you are in now.. tax cuts and deregulation.

    I dont support Obama but if I had a choice between the devil I know, and the fool that I dont know... then the devil I know will win any day of the week.
    PeteEU

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