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Thread: Obama announces his Candidacy for 2012.

  1. #781
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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by pbrauer View Post
    As I've told you before, the population grew 10% during Bush's term in office
    And the population isn't growing now? How do you explain spending over a trillion dollars and having less employment today than when he took office in that growing population?

    Bush gave me a tax cut which I am still receiving today, Obama gave me a rebate check that is gone. The differences are stark. Obama is a leftwing idealogue and I have no use for his nanny state. He is a failure.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by randel View Post
    are you shocked? this is par for the course...prove his point wrong, the goal posts get moved.
    I was asked why I voted for Bush for a second term and I gave the reason, employment up, GDP up, and I continue to get to keep more of what I earned as do you.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Redress View Post
    This is a classic example of misleading numbers.

    When Bush took office, the unemployment rare was 4.7, after his first term, the unemployment rate was 5.1, after his second term it was 8.5. Feel free to try and spin that into a success. Source(it is important to have one of these): Unemployment - Google public data
    In January, 2001, when Bush became president, the U3 unemployment rate was 4.2%. 26 months later it was up to 5.9% ... an increase of 40%!

    When Obama became president in January, 2009, the U3 unemployment rate was 7.8%. 26 months later it's up to 8.8% ... an increase of 13%!

    Here's a similar comparison of all presidents during their respective first 26 months in office going as far back as the data allows. After looking at this, it makes one wonder why Conservatives vote for Republicans?

    Nixon ........ +77%
    Eisenhower ... +59%
    Bush ......... +40%
    Ford ......... +40%
    Reagan ....... +37%
    GHW Bush ..... +26%
    Obama ........ +13%
    Kennedy ...... -14%
    Carter ....... -23%
    Clinton ...... -26%
    Johnson ...... -30%

    Source: BLS.gov - Unemployment Rate

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by randel View Post
    are you shocked? this is par for the course...prove his point wrong, the goal posts get moved.
    Why I voted for Bush for a second term? Which one benefits the consumer and individual the most and is ongoing? The results are quite telling.

    Obama Tax cuts

    Total: $288 billion

    [edit] Tax cuts for individuals-Notice to get to keep more of what you earn under the Obama plan you have to do certain things. Guess the American people are just plain stupid, right Obama supporters?

    Total: $237 billion
    $116 billion: New payroll tax credit of $400 per worker and $800 per couple in 2009 and 2010. Phaseout begins at $75,000 for individuals and $150,000 for joint filers.[29]
    $70 billion: Alternative minimum tax: a one year increase in AMT floor to $70,950 for joint filers for 2009.[29]
    $15 billion: Expansion of child tax credit: A $1,000 credit to more families (even those that do not make enough money to pay income taxes).
    $14 billion: Expanded college credit to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000.
    $6.6 billion: Homebuyer credit: $8,000 refundable credit for all homes bought between 1/1/2009 and 12/1/2009 and repayment provision repealed for homes purchased in 2009 and held more than three years. This only applies to first-time homebuyers.[41]
    $4.7 billion: Excluding from taxation the first $2,400 a person receives in unemployment compensation benefits in 2009.
    $4.7 billion: Expanded earned income tax credit to increase the earned income tax credit which provides money to low income workers for families with at least three children.
    $4.3 billion: Home energy credit to provide an expanded credit to homeowners who make their homes more energy-efficient in 2009 and 2010. Homeowners could recoup 30 percent of the cost up to $1,500 of numerous projects, such as installing energy-efficient windows, doors, furnaces and air conditioners.
    $1.7 billion: for deduction of sales tax from car purchases, not interest payments phased out for incomes above $250,000.

    Bush Tax cuts

    Between 2001 and 2003, the Bush administration instituted a federal tax cut for all taxpayers. Among other changes, the lowest income tax rate was lowered from 15% to 10%, the 27% rate went to 25%, the 30% rate went to 28%, the 35% rate went to 33%, and the top marginal tax rate went from 39.6% to 35%.[3] In addition, the child tax credit went from $500 to $1000, and the "marriage penalty" was reduced. Since the cuts were implemented as part of the annual congressional budget resolution, which protected the bill from filibusters, numerous amendments, and more than 20 hours of debate, it had to include a sunset clause. Unless congress passes legislation making the tax cuts permanent, they will expire in 2011.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Conservative View Post

    I was asked why I voted for Bush for a second term and I gave the reason, employment up, GDP up, and I continue to get to keep more of what I earned as do you.
    When you voted for Bush in November of 2004, the number of unemployed + discouraged workers had increased by 2,166,000. The unemployment rate had increased from 4.2% to 5.5%, a 31% increase in unemployment.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Sheik Yerbuti View Post
    In January, 2001, when Bush became president, the U3 unemployment rate was 4.2%. 26 months later it was up to 5.9% ... an increase of 40%!

    When Obama became president in January, 2009, the U3 unemployment rate was 7.8%. 26 months later it's up to 8.8% ... an increase of 13%!

    Here's a similar comparison of all presidents during their respective first 26 months in office going as far back as the data allows. After looking at this, it makes one wonder why Conservatives vote for Republicans?

    Nixon ........ +77%
    Eisenhower ... +59%
    Bush ......... +40%
    Ford ......... +40%
    Reagan ....... +37%
    GHW Bush ..... +26%
    Obama ........ +13%
    Kennedy ...... -14%
    Carter ....... -23%
    Clinton ...... -26%
    Johnson ...... -30%

    Source: BLS.gov - Unemployment Rate
    Posting percentage change over and over again doesn't change the fact that since Obama took office we have less employment than we had when he took office. That is a fact that you are always going to ignore.

    This really is getting old, add discouraged workers to both and get back to me.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Sheik Yerbuti View Post
    When you voted for Bush in November of 2004, the number of unemployed + discouraged workers had increased by 2,166,000. The unemployment rate had increased from 4.2% to 5.5%, a 31% increase in unemployment.
    And employment was up as was GDP and that is after the Clinton recession and 9/11. Have you sent your Bush tax cut back every time you get a paycheck?

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by randel View Post
    are you shocked? this is par for the course...prove his point wrong, the goal posts get moved.
    No, I'm not shocked. Are you shocked that I'm not shocked?

    It's what he does. He posts unemployed + discouraged workers to show how many jobs were lost under Obama -- and when I use those same numbers to show even more jobs were lost (with a smaller work force, no less), he pulls a fast one and switches to employment numbers -- because they are better.

    On another thread once, he was switching back and forth between BLS's household survey data and payroll data, which ever posted better numbers for his argument.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Sheik Yerbuti View Post

    Unemployed:
    Jan 2001: 6,023,000
    Mar 2003: 8,588,000

    Discouraged:
    Jan 2001: 301,000
    Mar 2003: 474,000

    Unemployed + Discouraged

    Jan 2001: 6,324,000
    Mar 2003: 9,062,000
    Bush Total: -2,738,000

    Unemployed:
    Jan 2009: 11,984,000
    Mar 2011: 13,542,000

    Discouraged:
    Jan 2009: 734,000
    Mar 2011: 921,000

    Unemployed + Discouraged

    Jan 2009: 12,718,000
    Mar 2011: 14,463,000
    Obama Total: -1,745,000

    Quote Originally Posted by Conservative View Post

    Noticed you have no problem posting Bush numbers with discouraged workers but ignore Obama's, wonder why?
    Seriously? You looked at what I posted (which I included in this post to highlight your dishonesty) and claim I ignored discouraged workers when posting Obama's data??
    Last edited by Sheik Yerbuti; 04-06-11 at 04:12 PM.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Sheik Yerbuti View Post
    No, I'm not shocked. Are you shocked that I'm not shocked?

    It's what he does. He posts unemployed + discouraged workers to show how many jobs were lost under Obama -- and when I use those same numbers to show even more jobs were lost (with a smaller work force, no less), he pulls a fast one and switches to employment numbers -- because they are better.

    On another thread once, he was switching back and forth between BLS's household survey data and payroll data, which ever posted better numbers for his argument.
    LOL, are you telling me that your U-3 numbers and calculating percentage change includes discouraged workers? LOL, better get an education

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