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U.S. GDP Grows Just 1.3%

Conservative said:
Obama was hired to solve the problem, what did he do about the problem? Do liberals do anything but blame someone else for their own failures?
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Only a few pages back you tried to place the entire blame on Obama and now you are criticizing Obama and all liberals for casting blame on others.

Sigh...you are truly a hopeless case. Partisan to the core. The fact that both parties and every president since Reagan is to blame for our current situation will never sink into your skull. One day, the light will hopefully turn on.
 
CriticalThought said:
Only a few pages back you tried to place the entire blame on Obama and now you are criticizing Obama and all liberals for casting blame on others.

Sigh...you are truly a hopeless case. Partisan to the core. The fact that both parties and every president since Reagan is to blame for our current situation will never sink into your skull. One day, the light will hopefully turn on.
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There is plenty of blame to go around but not for the results the past 2 1/2 years. I recognize results and economic policy which I guess to you makes for a hopeless partisan. I admit that I am a conservative and proud of it but I call it like it is. Suggest you get the facts instead of buying the rhetoric. Tell me which of the following is false and how is Bush responsible for it.

Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

Now we have .4% GDP growth first quarter 2011 and 1.3% growth second quarter GDP growth. These results are being ignored by the Obama supporter
 
AdamT said:
We actually produce more than we used to. We are still the number one manufacturing country in the world. Automation -- not outsourcing -- is the primary reason fewer people are employed in the manufacturing sector. Perhaps we should outlaw robotic assemply lines while we're throwing up tariffs?
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Automation is a key component too. Go to your local retail store and tell me where the products are made.
 
Conservative said:
Obama was hired to solve the problem, what did he do about the problem? Do liberals do anything but blame someone else for their own failures?
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And has he not offerred to take on entitlement reform? Has he not stated publically on multiple occasions his desire to change the tax code going "line-by-line" and getting rid of outdated rules, etc, etc? Wasn't he the only President since Reagan to state publically and attempt not to hire lobbyist? Unfortunately as I'm discovering from my own personal reading, damned near everybody whose currently in Washington, DC in some middle or high ranking capacity or another - be it in Congress, Defense Dept, an "official or independent accounting office", Treasury, the Fed Reserve, everywhere! - have either worked in high places of corporate finance or been a lobbyist. It's hard to tackle that demon when it's so intrenched.
 
Conservative said:
Demand is part of the problem but costs of hiring are also considered and have to be. Businesses cannot print money like the govt. does. When they spend it, it is gone until they earn it back.
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That's true. And when they earn money, and don't spend it, it just collects in a big pile. Corporations are piling up huge profits, even as the unemployment rate stagnates. This most recent quarter close to 80% of publicly traded companies beat analyst expectations. Many of them could hire more people and still be profitable. But they are responsible to their shareholders -- not the country. That's why we have a government that's SUPPOSED TO BE responsible to the country. The government should be stimulating the economy to drive demand, but instead they are arguing about whether or not they are going to blow up the economy, and if not, how much demand will they sap with premature spending cuts.
 
Objective Voice said:
And has he not offerred to take on entitlement reform? Has he not stated publically on multiple occasions his desire to change the tax code going "line-by-line" and getting rid of outdated rules, etc, etc? Wasn't he the only President since Reagan to state publically and attempt not to hire lobbyist? Unfortunately as I'm discovering from my own personal reading, damned near everybody whose currently in Washington, DC in some middle or high ranking capacity or another - be it in Congress, Defense Dept, an "official or independent accounting office", Treasury, the Fed Reserve, everywhere! - have either worked in high places of corporate finance or been a lobbyist. It's hard to tackle that demon when it's so intrenched.
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Obama is good on the rhetoric, where is the plan on paper? Obama is good at talking and convincing his minions that he is offering substance, where is that substance? Leadership means never delegating responsibility and the responsibility for the govt. is Obama yet all Obama does is pass on blame
 
Conservative said:
Only in the liberal world are actual facts called spam. Do you ever accept responsibility for your own failures?
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The facts aren't spam. Repeating the same post over and over is spam.

Hope that helps.

I accept responsibility for my failures. The recession was over two years ago. What's the problem?
 
Conservative said:
I recognize results and economic policy which I guess to you makes for a hopeless partisan.
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What makes you a hopeless partisan is that virtually nothing separates the economic policies of Bush and Obama and yet you wish to blame the entirety of the last 2 and a half years on Obama as if once a president takes office the effects of the last one ends. Then you bitch if anyone blames Bush, even though, once again, his economic polices are virtually the same as Obama's.
 
AdamT said:
That's true. And when they earn money, and don't spend it, it just collects in a big pile. Corporations are piling up huge profits, even as the unemployment rate stagnates. This most recent quarter close to 80% of publicly traded companies beat analyst expectations. Many of them could hire more people and still be profitable. But they are responsible to their shareholders -- not the country. That's why we have a government that's SUPPOSED TO BE responsible to the country. The government should be stimulating the economy to drive demand, but instead they are arguing about whether or not they are going to blow up the economy, and if not, how much demand will they sap with premature spending cuts.
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So what do you think those evil companies do with that excess cash and how does that hurt the economy? Companies are beating expectations because they are doing what the govt. cannot seem to do, doing more with less. The biggest operating expense of any business is payroll and since payrolls are down that is going to impact profits positively
 
CriticalThought said:
What makes you a hopeless partisan is that virtually nothing separates the economic policies of Bush and Obama and yet you wish to blame the entirety of the last 2 and a half years on Obama as if once a president takes office the effects of the last one ends. Then you bitch if anyone blames Bush, even though, once again, his economic polices are virtually the same as Obama's.
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Bush gave the taxpayer and businesses a tax cut, obama grudgingly extended them, something he could have done long before he did. There is much I didn't like about Bush but would take him back in a heartbeat over what we have right now. Obama had total control of the govt. along with a blank check and generated these results. Who do you blame?

Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

Now we have .4% GDP growth first quarter 2011 and 1.3% growth second quarter GDP growth. These results are being ignored by the Obama supporter
 
Thorgasm said:
The facts aren't spam. Repeating the same post over and over is spam.

Hope that helps.

I accept responsibility for my failures. The recession was over two years ago. What's the problem?
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I post the same information over and over again hoping that it sinks in, what is the problem? Here is the problem

Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

Now we have .4% GDP growth first quarter 2011 and 1.3% growth second quarter GDP growth. These results are being ignored by the Obama supporter
 
Conservative said:
Bush gave the taxpayer and businesses a tax cut, obama grudgingly extended them, something he could have done long before he did.
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Well, isn't this petty?

Obama didn't extend them quick enough, even though they didn't expire before he did.

Conservative said:
There is much I didn't like about Bush but would take him back in a heartbeat over what we have right now. Obama had total control of the govt. along with a blank check and generated these results. Who do you blame?
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He didn't have absolute control. The party of "no" still had the ability to filibuster, and did.

Conservative said:
Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

Now we have .4% GDP growth first quarter 2011 and 1.3% growth second quarter GDP growth. These results are being ignored by the Obama supporter
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Working Here :: McDonalds.com
 
Conservative said:
Obama is good on the rhetoric, where is the plan on paper? Obama is good at talking and convincing his minions that he is offering substance, where is that substance? Leadership means never delegating responsibility and the responsibility for the govt. is Obama yet all Obama does is pass on blame
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Conservative said:
Obama is good on the rhetoric, where is the plan on paper? Obama is good at talking and convincing his minions that he is offering substance, where is that substance? Leadership means never delegating responsibility and the responsibility for the govt. is Obama yet all Obama does is pass on blame
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Process, my friend. Process.

The President can submit plans 'til the cows come home, but it would not matter. It's good theater, but the fact of the matter is it is the responsibility of C-O-N-G-R-E-S-S to appropriate spending, one of their enumerated powers. And as I've stated a few times now, the President did submit his budget plan, but the Senate voted it down not because it wasn't a good plan, but rather because they became aware of a better one he went public concerning.

For more details, see this article from the Hill:


The president’s budget called for ending tax cuts for the wealthy and a three-year domestic spending freeze, saving an estimated $1.1 trillion over 10 years. Democratic senators at the time called it “an important step forward”, “a good start” and a “credible blueprint.”

No Democratic senator was willing to support it, however, after Obama discussed a more ambitious plan at George Washington University to save $4 trillion over 12 years. Republicans criticized his speech for lacking detail.

The Senate voted unanimously on Wednesday to reject a $3.7 trillion budget plan that President Obama sent to Capitol Hill in February.

Ninety-seven senators voted against a motion to take it up.

Democratic aides said ahead of the vote that the Democratic caucus would not support the plan because it has been supplanted by the deficit-reduction plan Obama outlined at a speech at George Washington University in April.
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Conservative said:
I am against raising the debt ceiling until massive spending cuts are implemented. We don't need a 3.7 trillion dollar Federal Govt and that is the point. There is more than enough revenue to pay for our true obligations.
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So its not ideologically driven considering Both Republicans and Democrats have used this procedure IIRC over 100 times since 1940. The reason you disagree is the potential level of debt? But do you agree its much with America liable to default in paying debt?

Paul
 
Conservative said:
I post the same information over and over again hoping that it sinks in, what is the problem? Here is the problem
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Are you unemployed or just miserable?

Conservative said:
Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

Now we have .4% GDP growth first quarter 2011 and 1.3% growth second quarter GDP growth. These results are being ignored by the Obama supporter
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Walmartstores.com: Careers
 
Thorgasm said:
Well, isn't this petty?

Obama didn't extend them quick enough, even though they didn't expire before he did.



He didn't have absolute control. The party of "no" still had the ability to filibuster, and did.



Working Here :: McDonalds.com
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LOL, the party of NO? Stimulus, Obamacare, massive increase in regulations, executive orders and these are the results. You telling me that Obama didn't have a filibuster proof Congress during his first two years?


Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

Now we have .4% GDP growth first quarter 2011 and 1.3% growth second quarter GDP growth. These results are being ignored by the Obama supporter
 
gunner said:
So its not ideologically driven considering Both Republicans and Democrats have used this procedure IIRC over 100 times since 1940. The reason you disagree is the potential level of debt? But do you agree its much with America liable to default in paying debt?

Paul
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There doesn't have to be a default and you should know it but apparently don't. Keep buying the Obama rhetoric and thus the Obama lies. Prove that the govt. doesn't have the money to pay for its true obligations, debt service, Military, and SS/Medicare?
 
Conservative said:
I post the same information over and over again hoping that it sinks in, what is the problem? Here is the problem

Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

Now we have .4% GDP growth first quarter 2011 and 1.3% growth second quarter GDP growth. These results are being ignored by the Obama supporter
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All since Republicans took the house. What happened to their promise of jobs. They promised us that if we'd vote them in, they'd bring us jobs.

GDP growth Since the recession came to an end:

2009 Q4 - 3.8%
2010 Q1 - 3.9%
2010 Q2 - 3.7%
2010 Q3 - 2.5%
2010 Q4 - 2.3%

GDP growth Since Republicans took the House.

2011 Q1 - .4%
2011 Q2 - 1.3%

Unemployment rates from the end of the recession:

Peaked at 10.1%; dropped to 8.9% in February, 2011.

Since Republicans took the House.

Increased to 9.2%

And if trends keep up, the stock market will have lost all the gains it had made in 2011!

So, let's recap: GDP growth slowed since Republicans took over. Unemployment is up instead of down since Republicans took over. And all of our retirements are about to collapse because a bunch of freshmen signed their pledge of allegiance to Grover Norquist.
 
FilmFestGuy said:
All since Republicans took the house. What happened to their promise of jobs. They promised us that if we'd vote them in, they'd bring us jobs.

GDP growth Since the recession came to an end:

2009 Q4 - 3.8%
2010 Q1 - 3.9%
2010 Q2 - 3.7%
2010 Q3 - 2.5%
2010 Q4 - 2.3%

GDP growth Since Republicans took the House.

2011 Q1 - .4%
2011 Q2 - 1.3%

Unemployment rates from the end of the recession:

Peaked at 10.1%; dropped to 8.9% in February, 2011.

Since Republicans took the House.

Increased to 9.2%

And if trends keep up, the stock market will have lost all the gains it had made in 2011!

So, let's recap: GDP growth slowed since Republicans took over. Unemployment is up instead of down since Republicans took over. And all of our retirements are about to collapse because a bunch of freshmen signed their pledge of allegiance to Grover Norquist.
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Tell that to the 24 million unemployed or under employed Americans. How do you expect the House to get anything through the Democrat controlled Senate and the President. Nice spin but typical liberal revisionism

Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

Now we have .4% GDP growth first quarter 2011 and 1.3% growth second quarter GDP growth. These results are being ignored by the Obama supporter
 
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Conservative said:
Old enough to know better, retired 7 years ago at 57, experienced in actually running a business, how about you?
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I'm not retired. I have plenty of management experience.

You choose not to work. Why are you so worried about unemployment?
 
Thorgasm said:
I'm not retired. I have plenty of management experience.

You choose not to work. Why are you so worried about unemployment?
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Just showing my conservative compassion that liberals ignore
 
"How do you expect the House to get anything through the Democrat controlled Senate and the House."

What is it that they would get through if they could? What ideas have they put forward to address the situation? As far as I can tell their ideas are: 1) cut taxes (which makes deficits worse); and 2) cut spending (which makes unemployment worse).
 
AdamT said:
"How do you expect the House to get anything through the Democrat controlled Senate and the House."

What is it that they would get through if they could? What ideas have they put forward to address the situation? As far as I can tell their ideas are: 1) cut taxes (which makes deficits worse); and 2) cut spending (which makes unemployment worse).
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First they submitted a budget that the Democrats never did, that is a start
 
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