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Thread: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%[W: 831]

  1. #1351
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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%[W: 831]

    Quote Originally Posted by pbrauer View Post
    President Bush was not in favor of S.190 either. Nice try though.

    Freddie Mac - Wikipedia, the free encyclopedia

    Snip
    President Bush recommended a significant regulatory overhaul of the housing finance industry in 2003, but many Democrats opposed his plan, fearing that tighter regulation could greatly reduce financing for low-income housing, both low- and high-risk.[29] Bush opposed two other acts of legislation:[30][31] Senate Bill S. 190, the Federal Housing Enterprise Regulatory Reform Act of 2005, which was introduced in the Senate on January 26, 2005, sponsored by Senator Chuck Hagel and co-sponsored by Senators Elizabeth Dole and John Sununu. S. 190 was reported out of the Senate Banking Committee on July 28, 2005, but never voted on by the full Senate.

    Fail

    As was stated previously President Bush shoulders some blame, but Democrats still share the majority of the blame. Your quoted text even proves my point

    Bush repeatedly tried to push for GSE reform and the Democrats (their campaign coffers filled with GSE campaign donations) claimed there wasn't a problem. Democrats are primarily responsible for the Housing Crash.

    Nice try though

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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Jack Hays View Post
    And yet workforce participation among those aged 65+ has increased. So that excuse isn't available. It must be tiring to eternally search for excuses.
    Hmmm, so sorry, but excuses are not needed, it seems as though the American people put their trust in Obama, not Romney. The job picture and the economy are looking up despite what you say. You've said Bush's record on jobs was near to capacity, which is one of the funniest things I've heard in a long time. The WSJ disagrees however.

    Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ

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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by pbrauer View Post
    Hmmm, so sorry, but excuses are not needed, it seems as though the American people put their trust in Obama, not Romney. The job picture and the economy are looking up despite what you say. You've said Bush's record on jobs was near to capacity, which is one of the funniest things I've heard in a long time. The WSJ disagrees however.

    Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ
    Just a shallow hit piece published when it was fashionable to pile on GWB. I doubt you give as much credence to the WSJ's more recent assessments of BHO's performance. I'm no GWB advocate; as I've posted repeatedly his fiscal irresponsibility made me an ex-Repub. Nonetheless, the numbers on unemployment are clear. Economists generally define "full employment" as unemployment of 4%. GWB averaged 5.3%, including the very poor final months. Thus, he averaged about a point or so off full employment, leaving little slack (or need) to create jobs.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by pbrauer View Post
    Hmmm, so sorry, but excuses are not needed, it seems as though the American people put their trust in Obama, not Romney. The job picture and the economy are looking up despite what you say. You've said Bush's record on jobs was near to capacity, which is one of the funniest things I've heard in a long time. The WSJ disagrees however.

    Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ
    Oh yea, we can compare Obama's disappointing jobs report to Bush jobs report, back when we actually had a economy.

    As to The Wall Street Journal.....
    Peter Wallison: Government-Sponsored Meltdown - WSJ.com
    The New Democratic Party Slogan :

    " Return to Power By Any Means Necessary "

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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%[W: 831]

    Quote Originally Posted by Bronson View Post
    Fail

    As was stated previously President Bush shoulders some blame, but Democrats still share the majority of the blame. Your quoted text even proves my point

    Bush repeatedly tried to push for GSE reform and the Democrats (their campaign coffers filled with GSE campaign donations) claimed there wasn't a problem. Democrats are primarily responsible for the Housing Crash.

    Nice try though
    LOL your logic is something else. Because the Democrats opposed Bush's plan they are guilty of something? Here is what Bush's plan encompasses: LOL


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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Fenton View Post
    Oh yea, we can compare Obama's disappointing jobs report to Bush jobs report, back when we actually had a economy.

    As to The Wall Street Journal.....
    Peter Wallison: Government-Sponsored Meltdown - WSJ.com
    Requires a subscription, which I am not buying.

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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by Fenton View Post
    Oh yea, we can compare Obama's disappointing jobs report to Bush jobs report, back when we actually had a economy.

    As to The Wall Street Journal.....
    Peter Wallison: Government-Sponsored Meltdown - WSJ.com
    You mean a housing bubble economy, don't you? LMMFAO

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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%[W: 831]

    Quote Originally Posted by pbrauer View Post
    LOL your logic is something else. Because the Democrats opposed Bush's plan they are guilty of something? Here is what Bush's plan encompasses: LOL

    Did you even watch the video? Where did Bush promote sub prime loans? Did you hear Bush talk about QUALIFIED buyers? Did you hear about the partnership to promote home ownership for QUALIFIED buyers? You seem to have a problem with a goal to get QUALIFIED buyers into homes. Maybe you don't understand the term QUALIFIED. Maybe you don't understand the term goal? Maybe you don't understand that the housing bubble wasn't created by loaning money to QUALIFIED buyers. I suggest you watch the video and then tell me how this built the housing bubble and created loans to UNQUALIFIED individuals or sub prime interest VARIABLE Rates?

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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%

    Quote Originally Posted by pbrauer View Post
    You mean a housing bubble economy, don't you? LMMFAO


    Actually watch the video instead of making wild ass claims. Your obsession with Bush and offering of distorted information says a lot about you.

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    Re: U.S. Adds Only 88,000 Jobs; Jobless Rate Falls to 7.6%[W: 831]

    Quote Originally Posted by Conservative View Post
    Did you even watch the video? Where did Bush promote sub prime loans? Did you hear Bush talk about QUALIFIED buyers? Did you hear about the partnership to promote home ownership for QUALIFIED buyers? You seem to have a problem with a goal to get QUALIFIED buyers into homes. Maybe you don't understand the term QUALIFIED. Maybe you don't understand the term goal? Maybe you don't understand that the housing bubble wasn't created by loaning money to QUALIFIED buyers. I suggest you watch the video and then tell me how this built the housing bubble and created loans to UNQUALIFIED individuals or sub prime interest VARIABLE Rates?
    What does Bush mean when he says QUALIFIED buyers?

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