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Thread: Economy shrinks for first time in 3 1/2 years[W: 395]

  1. #371
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by a351 View Post
    Oh, in that case here goes:





    Hmmm
    Interesting isn't it that you would tout a 20+ misery index as a gothca moment. The misery index alone makes the 81-82 recession worse and you ought to see that

  2. #372
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Wayno View Post
    About 80 people went to jail for the S & L scandal back in the eighties........

    If this recession is so much worse, how come NOBODY has gone to jail for it?

    Oh, that's right.

    Many of the people responsible bought the White House for this President.

    Regardless, Obama has given us the WORST and SLOWEST recovery from a recession in American history...

    Regardless of HOW MUCH the media trumpets the inevitable return of the economy as some kind of "Obama miracle," he's already earned a big "FAIL."
    Nice try, the financial sector spent money fairly freely for one of their own, Willard.

    What dramatically changed from the S&L collapse and this one is the financial leaders learned a valuable lesson. Use the election bribe called campaign contributions in Congress to push the agenda of ending 'stifling Gubmint red-tape'! (Others call it firewalls to prevent just what happened) What they did was simple, remove the regs that snared the S&L managers and invent new areas to play with other people's money outside the regulators. Oh yeah, and reduce the regulators in number and authority.

    Too big to jail started with BushII, the bail-out for corporations started with BushII.

    Given the width and depth of this recession, I find the 'conservative' whine just partisan belly aching.

  3. #373
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Conservative View Post
    Exactly, what we need is liberal misery spread equally to everyone in TX just like the misery you experience daily.
    You are so full of **** I can smell you all the way across Houston. You don't have a clue as to what I experience daily. When I come to this site the worse thing is dealing with assholes like you!

  4. #374
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Texmex View Post
    You are so full of **** I can smell you all the way across Houston. You don't have a clue as to what I experience daily. When I come to this site the worse thing is dealing with assholes like you!
    What you experience is of your own doing so stop blaming someone else. Love the personal attack, typical of a liberal.

  5. #375
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Conservative View Post
    Have you ever been in a leadership position? What leadership has Obama showed that has improved the economy? There is the basic difference between Obama and Reagan. Reagan understood and practiced great leadership skills implementing a pro growth economic policy. Compare that to Obama and you will understand why this is the worst recovery in history.
    Irrelevant. Your claim was simply incorrect yet again. Peak to trough job losses positively dwarfed the 81/82 figures. No amount of diversion will change that fact.

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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Conservative View Post
    Interesting isn't it that you would tout a 20+ misery index as a gothca moment. The misery index alone makes the 81-82 recession worse and you ought to see that
    The gotcha moment was the fact you chastised other posters for being poorly read on subjects you've demonstrated practically no knowledge of. The misery index at no point approached 30. Ever. Simple as that.

  7. #377
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by a351 View Post
    Irrelevant. Your claim was simply incorrect yet again. Peak to trough job losses positively dwarfed the 81/82 figures. No amount of diversion will change that fact.
    As a good little liberal you are going to need a lot of govt. help. Good leadership and sound economic policy would have generated the 7% GDP growth Reagan had after a worse recession than today's. Sorry but the sooner you realize that you are wrong the easier it is to correct your mistakes

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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by a351 View Post
    The gotcha moment was the fact you chastised other posters for being poorly read on subjects you've demonstrated practically no knowledge of. The misery index at no point approached 30. Ever. Simple as that.
    The data I had showed misery index at 26+ which is closer to 30 and that is what I was using. Sorry for the error. Let me know when Obama inherited that kind of misery index?

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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by Conservative View Post
    Not that results matter to the Obama cult but further signs that we are on the wrong path..
    You lost your credibility when you said "Obama", because this is the duty of Congress, a Congress which is gridlocked.
    Quote Originally Posted by Bucky View Post
    The economy will improve under this bill. If a few people die, it will be for the betterament of this country.

  10. #380
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    Re: Economy shrinks for first time in 3 1/2 years

    Quote Originally Posted by CriticalThought View Post
    You lost your credibility when you said "Obama", because this is the duty of Congress, a Congress which is gridlocked.
    Democrats controlled the entire Congress from 2007 to 2011 and good leadership creates the atmosphere of bipartisanship, Reagan knew it but Obama is a community agitater. Obama and his Obamabots have zero credibility and the numbers show it.

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