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Thread: U.S. Economy Shrinks By Most Since Great Recession in 1Q[W:487:681]

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by tres borrachos View Post
    So the Republicans own the recession?
    No--Democrats were President from 2001 to 2009 don'tchaknow?
    Interesting. Did I miss the part where all of the Democrats were not working between 2007 and today?
    As I say, as soon as Pelosi came in, everything tanked.
    She caused the negative GDP at the end of 2008 and frightened McCain enough to suspend his campaign .
    Obama has been POTUS for 5 1/2 years.
    And the GOP House of NO can't get its own act together.
    Let us know when your civil war is over huh?
    Will he ever have ownership of the job, or is he merely a placeholder between Bush & whoever wins in 2016?
    How about a lawsuit from Boehner to deflect from the Cochran Dems scandal ?
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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Conservative View Post
    How do you know it isn't good legislation? Have you seen it?
    Howq many of those bills don't have legislative riders and poison pills ?
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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Conservative View Post
    U.S. Economy Shrinks By Most Since Great Recession in 1Q | Fox Business

    Congratulations, Liberals, you are getting what you want, A European Socialist economy dependent on a Federal Govt. run by liberals and with more people dependent on that govt. for existence. This is exactly what you get when you elect and re-elect a totally unqualified individual to the highest office in the land, High unemployment, high debt, low economic growth are the new normal in this country
    Having agreed to your estimate of BO's qualifications let me say that the problem stems from the Clinton/Greenspan stint and the only way to fix that will cause pain that most politicians will find hard to sell to their electorates. That does not mean that we will escape, though. Obama has just let us have a breather.

  4. #264
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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by NIMBY View Post
    No--Democrats were President from 2001 to 2009 don'tchaknow?

    As I say, as soon as Pelosi came in, everything tanked.
    She caused the negative GDP at the end of 2008 and frightened McCain enough to suspend his campaign .

    And the GOP House of NO can't get its own act together.
    Let us know when your civil war is over huh?

    How about a lawsuit from Boehner to deflect from the Cochran Dems scandal ?
    Let me get this straight.

    When a Democrat is President, everything wrong is his Republican predecessor's fault.
    When a Republican in President, everything wrong is his fault.
    When the Republicans control Congress, everything wrong is their fault.
    When the Democrats control Congress, everything wrong is the Republicans' fault.

    Neat. That's some pretty amamzing logic there, Nimby. Partisan much?

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Conservative View Post
    Do you have something invested in Obama and his Administration? What exactly are we conservatives wrong about? I acknowledge the Reagan debt as well as the Reagan results. You have done no such thing with Obama who has greater debt and poorer results. This thread is about the economic decline in the first quarter and you are diverting to Reagan. That is typical liberalism
    I think the Obama presidency is a failure on par with the Bush and Reagan presidencies. Why are you attaching a liberal label on me?

    However, neither Obama or the next president will be repairing the damage of Reaganomics!

    You can see this trend today in America. When we had heavily regulated and taxed capitalism in the post-war era, the largest employer in America was General Motors, and they paid working people what would be, in today’s dollars, about $50 an hour with benefits. Reagan began deregulating and cutting taxes on capitalism in 1981, and today, with more classical “raw capitalism,” what we call “Reaganomics,” or “supply side economics,” our nation’s largest employer is WalMart and they pay around $10 an hour.
    Last edited by Montecresto; 06-26-14 at 10:23 AM.
    Killing one person is murder, killing 100,000 is foreign policy

  6. #266
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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by NIMBY View Post
    No actions taken during the Republican time in office between 1969 and 1977, as I noted, caused any problems for Carter.

    Carter is soley responsible for what came before him and what came after him, kind of like the Republican's Obama Doctrine .
    Which, again, has exactly zero to do with my post to Imagep, which you jumped in on.

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by tres borrachos View Post
    How startling is that difference in the outlays from 2007 to 2011? That's almost an additional $1 trillion - about 35% higher. Geezus.
    Um, that part is supposed to be ignored. There are many colorful charts and graphs that show that it was not Obama's fault.
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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Conservative View Post
    Is that right? how are you coming on getting those shovels delivered for those shovel ready jobs that were supposed to create new taxpayers? Wonder what the revenue would be like if Obama had generated Reagan's job creation numbers?

    Amazing how liberals bash Reagan and supported nothing that he did but now support Obama for what they claim Reagan did. Liberal logic is a sickness
    The delusion that we never had good growth until Reagan came along is very widespread among the right-wing; somehow the whole postwar generation, in which everyone’s incomes doubled, has been erased from memory. But it’s still there in the national accounts:



    You also write of Reagan's job creation numbers as if they were miraculous. Jimmy Carter's administration presided over 10,339,000 jobs created in four years -- a higher rate per year than Reagan's 17,000,000 in eight-years. Clinton presided over 22,000,000 in eight-years.

    Moreover, you snidely imply that the stimulus did not create jobs. That is factually incorrect, as economists attribute millions of jobs to the stimulus.
    "I never meant to say that the Conservatives are generally stupid. I meant to say that stupid people are generally Conservative. I believe that is so obviously and universally admitted a principle that I hardly think any gentleman will deny it." --J.S. Mill

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by tres borrachos View Post
    Let me get this straight.

    When a Democrat is President, everything wrong is his Republican predecessor's fault.
    When a Republican in President, everything wrong is his fault.
    When the Republicans control Congress, everything wrong is their fault.
    When the Democrats control Congress, everything wrong is the Republicans' fault.

    Neat. That's some pretty amamzing logic there, Nimby. Partisan much?
    Saint Reagan blamed his predecessor too. This is from his 1983 State of The Union Address:
    "The problems we inherited were far worse than most inside and out of government had expected; the recession was deeper than most inside and out of government had predicted. Curing those problems has taken more time and a higher toll than any of us wanted."
    "I never meant to say that the Conservatives are generally stupid. I meant to say that stupid people are generally Conservative. I believe that is so obviously and universally admitted a principle that I hardly think any gentleman will deny it." --J.S. Mill

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    Killing one person is murder, killing 100,000 is foreign policy

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