- Joined
- Dec 9, 2009
- Messages
- 134,496
- Reaction score
- 14,621
- Location
- Houston, TX
- Gender
- Male
- Political Leaning
- Conservative
shiang;1060997303]Here's the "indefensible record"
Policies take a year to two to take effect so judge Obama by the change in trend from 2010 to 2011
US GDP:
Nominal GDP went up about 10% from under 14 Trillion to over 15 Trillion
"Real" GDP (inflation adjusted) went from 12.8 to 13.5 Trillion
Keep in mind we were nearly headed into a depression 4 years ago
I have to give you credit for trying, but the reality is our GDP growth went from 2.4% in 2010 to 1.8% in 2011 to 1.3% in 2012. That is heading us back into a recession and we would be in a recession today without govt. spending. This country wasn't built on govt. spending, but rather the private sector growth
Unemployment:
over 10% to 7.8% - US Bureau of Labor Statistics
Unemployment in the U.S. - Google Public Data Explorer
Employment:
See the drop in 2008 and 2009 and see the recovery from 2010.
10% increase in employment - US Bureau of Labor Statistics
Top Picks (Most Requested Statistics) : U.S. Bureau of Labor Statistics
Notice: Data not available: U.S. Bureau of Labor Statistics
Do you realize that there are 14.7% unemployed/under employed/discouraged workers? Of that number 9.9% are under employed so do you know what that means?
You think that the labor force growing insignificantly is a booming economy. You think the U-6 remaining the same is a good thing? You think that judging Bush on 2008 is fair?
Debt:
Reduction in Deficit spending every year from when Obama took office.
Look at inflation adjusted deficit spending
Obama inherited a 1.5 trillion deficit in 2009, down to 1.3 Trillion in 2011.
We actually pay LESS in interest, not just in % but nominal, than we did four years ago
History of Deficits and Surpluses In The United States
As I have stated many times in this forum far too many buy the rhetoric and ignore reality. The fiscal year of the United States runs from October to September. Bush was in Office from October to January and you don't inherit deficits you inherit a deficit PROJECTION which included that TARP LOAN which was mostly paid back so tell me where that credit appears in the Bush column? Where did the cost of the Obama stimulus, GM/Chrysler takeover, Afghanistan surge supplemental, AIG bailout show up in the 2009 budget deficit?
Every year Obama has been in office we have had trillion dollar deficits and fiscal year 2012 was 1.3 trillion dollars. I don't see any improvement at all.
Stocks:
Dow Jones: 6.5k to 13.5k Dow Jones Industrial Average (2000 - Present Daily) - Charting Tools - StockCharts.com
Nasdaq: 1.3k- to 3.1k+ NASDAQ (1978 - Present weekly) - Charting Tools - StockCharts.com
S&P: 700- to 1.4k+ NASDAQ (1978 - Present weekly) - Charting Tools - StockCharts.com
Every stock more than doubled
Were you this excited when Bush had a stock market over 14000? I find it quite interesting how a party that hates big business now celebrates big business stock prices.
Health Care:
Ok here's the key things that Obamacare really does:
1. It requires insurance companies to spend 85% of their revenue on actual health care costs.
2. It shifts the focus from ER and specialists to primary care (family doctors), focusing on prevention to increase efficiency and cut cost.
3. It expands coverage from 21 to 26 for dependants, so college students are covered through their parents.
4. By 2018 "Cadillac" insurance, extremely expensive (27.5k+ family, 10.2k+ individual) insurance that have no co-pay, gets a 40% tax. - Sorry Romney free foot massage at John Hopkins went up 40%.
Don't take my word for it just ask all your doctors what they think of Obamacare.
I have asked my doctor what he thinks of Obamacare as he hates it just like most people hate being dictated as to what they can make in a free enterprise economy. Absolutely amazing how you can ignore history of the govt. running anything so poorly and driving up the debt to over 16 trillion dollars. Oh, yes, I know this time it will be different. How can that be when people control what they eat, drink, or put into their body?
Healthcare is a personal responsibilty just like so many other issues that liberals want to ignore. If your ER provides service for the uninsured who pays for that loss-federal or state taxpayers?
I am amazed at how you expect a bureaucrat in D.C. to solve a problem in your local community
.Foreign relations have improved
We are no longer at odds with France and Germany
China has adjusted it's currency from 8:1 to 6:1
Hostilities with Russia has subsided
Osama Bin Laden is dead
What you continue to ignore are results and continue to buy what the DNC tells you. If you think things are better in foreign affairs then you are as poorly informed on that issue as all others. By the way, don't forget the open microphone comment by Obama to the Russian President. Then there is the following
http://www.youtube.com/v/X-Xfti7qtT0?version=3&hl=en_US&rel=0
Romney on the other hand does have an indefensible record, especially his private sector experience at Bain which he likes to brag about.
Skipping all the smaller companies he crashed. Here's 3 big ones
Staples: Romney was not CEO Bain was
Domino's: Cut cost if ingredients to increase short term revenue while ruining company reputation
Sealy: Company was moved from Cleveland Ohio, where the company was located and profited for more than 80 years, to North Carolina to cut cost (and the quality of the mattresses)
Toys R' Us: tell me if you find one
See the pattern? Cut costs, cash in on profit, drive companies to the ground? Want him doing that to this country too? Not on my watch. Bain capital is not about growing a business it's about how best to stuff the pockets of executives and it's stockholders.
Don't ever tell me again I don't back up statements with facts.
Congratulations, at least you tried. Just goes to show however that brainwashing works