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Considering the ****hole we were in just before Bush left office I'd say pretty damn good!
That's an interesting statement.
Considering the ****hole we were in just before Bush left office I'd say pretty damn good!
SlyFox is the one who thought it was - you would have to ask him.
I'm glad we are now partly recovering, and wish our recovery were better.
His statement was clear, concise, and to the point. The same cannot be said of your response.
As do i. But attempting to compare a once in a generation crisis with "other recoveries" is disingenuous. Do you understand why?
His point was that we were in a more technologically advanced and globalized era than previous post-war depressions, and implicitly that that was the cause of our exceedingly slow, low-growth recovery. I asked him to describe how he thought that impacted. Are you seriously suggesting that describing how the conditions that he is referencing would produce the effects he is suggesting is irrelevant?
"Not sure how that is relevant or necessary".
In an era of information, most of the world missed the boat by about three years.
That explains quite a bit.
This is good news.
Hey, though, how does this compare to other Recoveries?
Gas prices are down which helps out pretty much everyone, and U.S. production is way up. We are on our way to North American Energy Independence, a goal for decades. Care to tell us why that is?
Thanks, Obama!
According to the BEA, defense spending increased 16% in Q3, compared with 0.9% in Q2.
There is a big chink of the GDP gain.
And if he had actually attempted to accelerate, rather than decelerate, domestic energy production, you would be correct. Instead, this is a perfect example of businesses and people succeeding in spite of government rather than thanks to.
Yes. Never give credit when it doesn't fit with your predetermined conclusions.
Would you like to actually get into a debate on whether or not the Obama administration has sought to expand or slow domestic energy production?
Would you like to actually get into a debate on whether or not the Obama administration has sought to expand or slow domestic energy production?
Not really. I'm just amused by the ideological stance.
Um because oil prices were high enough to spur fracking production in shale areas (which have high extraction costs and high drop-offs/short term production) and global demand is slack....and forecast to remain so thru 2015.Gas prices are down which helps out pretty much everyone, and U.S. production is way up. We are on our way to North American Energy Independence, a goal for decades. Care to tell us why that is?
Um because the price was high enough to spur fracking production in shale areas (which have high extraction costs and high drop-offs/short term production) and global demand is slack....and forecast to remain so thru 2015.
Of course, Obama, more than anyone is responsible for the global macro characteristics of oil demand and supply.
I also enjoy the implication that US production is a patriotic activity by international oil corps.
And it would be a shame for the US to reduce our dependence on oil...to help make us "energy independent".
LOL....sure...your view of "Obama is stopping US oil production" is not an ideological argument.:shrug: this isn't actually an ideological argument (that would be the "how"). It's a historical one (the "what").
Actually, right now and for the past few years, the GOP controlled House has had more of an impact on US demand than the POTUS.Meh. He has impacts.
Again, the US House has had more impact on US demand.That being said, the question was whether or not businesses were succeeding in spite of the Administration or not.
An ideological view that ignores the global macro realities.The Fracking industry is a clear example of one that is.
Um, the Dick Cheney is notorious for his rejection of reducing oil consumption, and like you, wants to focus on supply.reducing our need to depend upon Middle Eastern oil is just smart policy. Which is why it has been the stated goal of every administration for the past two decades.
That's a good number. What exactly did Obama have to do with it though?U.S. Economy Up 3.5% in 3rd Quarter, Capping Best 6 Months in Over a Decade* - Bloomberg
Damn this terrible Obama economy! /sarcasm
LOL....sure...your view of "Obama is stopping US oil production" is not an ideological argument.
Wow.
Crying and crawling, damaged by massive tax breaks, all the way to the bank.But the courageous and poor, beleaguered energy companies are somehow succeeding despite this all out Progressive attack on them.
Meh. He has impacts.
That being said, the question was whether or not businesses were succeeding in spite of the Administration or not. The Fracking industry is a clear example of one that is.
reducing our need to depend upon Middle Eastern oil is just smart policy. Which is why it has been the stated goal of every administration for the past two decades.
"The bad buck stops there, the good one doesn't".......or....."You didn't (build) earn that!"That's a good number. What exactly did Obama have to do with it though?