Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/14/2013 12:18 PM EST
In response to tacobreath's comment:
In response to tvoter's comment:
In response to airborne-rgr's comment:
GDP:
Last 3 quarters of Clinton
+8.0 +0.3 +2.4
Last 3 quarters of baby-Bush
-3.7 -8.9 -5.3
So we agree Bush was handed a declining economy and a weak non responsive govt to terror attacks aka USS Cole!
OHHHHHHHHhhhhhhhhhhhhhhh.............Clinton`s Fault!
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/14/2013 12:18 PM EST
In response to MattyScornD's comment:
In response to ComingLiberalCrackup's comment:
Worst economic recovery from a recession in 60 years, on Obama's watch.
Because it was the worst recession in 70 years...
...presided over by Obama's predecessor.
Period.
Truth hurts, but that's when the healing can start.
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/14/2013 12:20 PM EST
In response to WhatDoYouWantNow's comment:
Seriously.
Get it into your heads folks: The apparent Bush growth was not real growth. It was bubbles. How do we know this? Look what happened to the growth when the bubbles burst.
POOF.
Because they're bubbles.
Duh.
But, why is it so important to go back to the Bush years? Is there somethign I'm missing? Obama has failed all on his own, without bringing Bush into it.
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/14/2013 12:20 PM EST
In response to tvoter's comment:
In response to WhatDoYouWantNow's comment:
Seriously.
Get it into your heads folks: The apparent CLINTON growth was not real growth. It was bubbles. How do we know this? Look what happened to the growth when the bubbles burst.
POOF.
Because they're bubbles
Duh.
SAME SAME
Tard alert! Tard alert! Tard alert!
Are we all imagining corridors filled with flashing red lights and loud noises?
Good.
Clinton's growth was indeed boosted by the interent bubble.
However, the internet bubble was not even close as the mortgage and financial bubbles.
How do we know this?
For starters, THERE WASN'T A GLOBAL ECONOMIC MELTDOWN FOLLOWING THE EXPLOSION OF THE INTERNET BUBBLE.
Christ. Discussing basic fact with righties is like trying to teach string theory to my cat: Impossible and insane.
This post has been removed.
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/14/2013 12:23 PM EST
In response to tvoter's comment:
Which then burst.
And Obama was handed a broken economy. And now we're recovering.
Funny, that.
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/14/2013 12:25 PM EST
In response to airborne-rgr's comment:
In response to tacobreath's comment:
In response to WhatDoYouWantNow's comment:
In response to tacobreath's comment:
What we do know for FACT is the current debt/deficit. It has gone up and it`s growing every day.
Which doesn't justify distoring why.
Obama's spending really boils down to stimulus, Obamacare costs. Obama's revenue loss boils down to payroll tax cut costs.
Without the two burst bubbles, you wouldn't be calling him "awful", but you refuse to see this .
Kinda like you refuse to see that until the Dems got super majorities (2006) Bush was doing great despite 2 wars...........(oh yeah, I forgot, it was a "bubble").
Going back and forth with someone that can`t see that everything Obama has touched is worse (except the DOW) is futile.
Ya, right up until he sent Paulson to Congress, hat in hand, with a one page request for unlimited spending with no strings attached.
Kinda like the wingnuts rationalizing jumping off a cliff. "Everything was going well...until that sudden stop at the end."
baby-Bush: "I've Abandoned Free Market Principles To Save The Free Market System"
TARP was the capitulation of responsibility in our economy, putting the control squarely at the feet of government. obama voted for it, ran with it, and has expanded the philosophy by getting government involved in health care based on similar premises, that government is the solution.
Conservatives athe time were up in arms about TARP, and liberals were cheering it.
Sorry, but thems the facts.
This post has been removed.
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/14/2013 12:27 PM EST
In response to WhatDoYouWantNow's comment:
Clinton's growth was indeed boosted by the interent bubble.
However, the internet bubble was not even close as the mortgage and financial bubbles.
How do we know this?
For starters, THERE WASN'T A GLOBAL ECONOMIC MELTDOWN FOLLOWING THE EXPLOSION OF THE INTERNET BUBBLE.
Christ. Discussing basic fact with righties is like trying to teach string theory to my cat.
Thats true.
Which branch of govt regulates fannie and freddie through "legislation"?
Which party was in control of the "legislative branch" when the collapse started?
Which party stood on the senate floor in 04 and 06 and said we must do something about the housing market?
Which party said "there is no financial problem in the housing/mortgage industry; ya'll are just trying to scare people for racist reasons"?
Answer:
Legislative branch
Democrats
Republicans
Democrats
BOOM
This post has been removed.
This post has been removed.
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/14/2013 12:50 PM EST
In response to skeeter20's comment:
In response to airborne-rgr's comment:
In response to tacobreath's comment:
In response to WhatDoYouWantNow's comment:
In response to tacobreath's comment:
What we do know for FACT is the current debt/deficit. It has gone up and it`s growing every day.
Which doesn't justify distoring why.
Obama's spending really boils down to stimulus, Obamacare costs. Obama's revenue loss boils down to payroll tax cut costs.
Without the two burst bubbles, you wouldn't be calling him "awful", but you refuse to see this .
Kinda like you refuse to see that until the Dems got super majorities (2006) Bush was doing great despite 2 wars...........(oh yeah, I forgot, it was a "bubble").
Going back and forth with someone that can`t see that everything Obama has touched is worse (except the DOW) is futile.
Ya, right up until he sent Paulson to Congress, hat in hand, with a one page request for unlimited spending with no strings attached.
Kinda like the wingnuts rationalizing jumping off a cliff. "Everything was going well...until that sudden stop at the end."
baby-Bush: "I've Abandoned Free Market Principles To Save The Free Market System"
TARP was wrong then, wrong now, and has greatly damaged our country. But it was a liberal response to the problem, was it not? throw money at it?
TARP was the capitulation of responsibility in our economy, putting the control squarely at the feet of government. obama voted for it, ran with it, and has expanded the philosophy by getting government involved in health care based on similar premises, that government is the solution.
Conservatives athe time were up in arms about TARP, and liberals were cheering it.
Sorry, but thems the facts.
No, not true at all. The Republican administration pleaded for TARP, and 28 Republican Senators, including the man running for President at the time, voted Yea.
TARP goes against everything the GOP professes to believe. What does that tell you that in a time of crisis, half your party wouldn't eat its own dog food?
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/14/2013 12:54 PM EST
http://www.youtube.com/watch?v=KcCs1yGO6aA
http://www.youtube.com/watch?v=LPSDnGMzIdo
words dont lie.
This post has been removed.
This post has been removed.
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/14/2013 1:03 PM EST
In response to airborne-rgr's comment:
In response to tacobreath's comment:
In response to WhatDoYouWantNow's comment:
In response to tacobreath's comment:
Kinda like you refuse to see that until the Dems got super majorities (2006) Bush was doing great despite 2 wars...........(oh yeah, I forgot, it was a "bubble").
When the Democrat got supermajorities in 2006, they automatically became fully responsible for the bubbles that already existed?
Come back when you've found a shred of honor.
You didn`t answer "Clinton bubbles" and "Reagan bubbles"? I think it`s time for your "bubble" bath.
Gawd.........do you guys have a "Defend Obama`s incompetence" dictionary or something?
GDP:
Last 3 quarters of Clinton
+8.0 +0.3 +2.4
Last 3 quarters of baby-Bush
-3.7 -8.9 -5.3
Yea, Clinton balanced the budget, because he of course, held the purse strings (oh wait) and the first all republican congress in 45 years had nothing to do with it, despite all that Balanced Budget silliness.
Hilarious.
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/14/2013 1:11 PM EST
In response to GreginMeffa's comment:
In response to airborne-rgr's comment:
In response to tacobreath's comment:
In response to WhatDoYouWantNow's comment:
In response to tacobreath's comment:
Kinda like you refuse to see that until the Dems got super majorities (2006) Bush was doing great despite 2 wars...........(oh yeah, I forgot, it was a "bubble").
When the Democrat got supermajorities in 2006, they automatically became fully responsible for the bubbles that already existed?
Come back when you've found a shred of honor.
You didn`t answer "Clinton bubbles" and "Reagan bubbles"? I think it`s time for your "bubble" bath.
Gawd.........do you guys have a "Defend Obama`s incompetence" dictionary or something?
GDP:
Last 3 quarters of Clinton
+8.0 +0.3 +2.4
Last 3 quarters of baby-Bush
-3.7 -8.9 -5.3
How do those quarters work out for Clinton after the GOP took over both houses of congress in 95?
Yea, Clinton balanced the budget, because he of course, held the purse strings (oh wait) and the first all republican congress in 45 years had nothing to do with it, despite all that Balanced Budget silliness.
Hilarious.
More Republican BS - the deficit had already shrunk from $290 billion to $110 billion from 92 - 95. There's no reason to credit Republicans for balancing the budget.
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/14/2013 1:25 PM EST
In response to skeeter20's comment:
In response to slomag's comment:
Just stop. Take away Bush's wars, Bush's tax cuts and Bush's recession, and you have a budget surplus and a thriving economy. Your guys own all of this, and your guys are being punished for it. If not for rigged districts, you would have no control of anything.
No, you don't. If you take away the Bush years, you have:
An increased debt of 7 trillion.
12 million long term unemployed.
Increased spending on entitlements.
Sorry, you do not have a budget surplus and a thriving economy, even without the Bush years.
This might be the most ridiculous post of all time. Obama inherited a 1.2 trillion dollar deficit, and you think if that had been a surplus, it would not have made a difference on the debt?
Is there even a rational thought behind this?
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/14/2013 2:45 PM EST
In response to airborne-rgr's comment:
In response to tacobreath's comment:
In response to tvoter's comment:
In response to airborne-rgr's comment:
GDP:
Last 3 quarters of Clinton
+8.0 +0.3 +2.4
Last 3 quarters of baby-Bush
-3.7 -8.9 -5.3
So we agree Bush was handed a declining economy and a weak non responsive govt to terror attacks aka USS Cole!
OHHHHHHHHhhhhhhhhhhhhhhh.............Clinton`s Fault!
How the fcuk is an economy GROWING at 2.4% anybody's 'fault'?
For the ENTIRE baby-Bush term, GDP averaged only 2.09%
If baby-Bush had even maintained that 2.4% GDP growth he inherited he would have done better than his actual performance.
Geepers you wingnuts are hilarious!!!!
This post has been removed.
This post has been removed.
This post has been removed.
This post has been removed.
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/15/2013 4:58 PM EST
http://www.youtube.com/watch?v=KcCs1yGO6aA
http://www.youtube.com/watch?v=LPSDnGMzIdo
iN THERE OWN WORDS
Re: CBO on Tuesday; spending will be a drag on economic growth; Obama Tuesday night we must spend more!
posted at 2/15/2013 5:41 PM EST
In response to airborne-rgr's comment:
In response to skeeter20's comment:
In response to airborne-rgr's comment:
In response to tacobreath's comment:
In response to tvoter's comment:
In response to airborne-rgr's comment:
GDP:
Last 3 quarters of Clinton
+8.0 +0.3 +2.4
Last 3 quarters of baby-Bush
-3.7 -8.9 -5.3
So we agree Bush was handed a declining economy and a weak non responsive govt to terror attacks aka USS Cole!
OHHHHHHHHhhhhhhhhhhhhhhh.............Clinton`s Fault!
How the fcuk is an economy GROWING at 2.4% anybody's 'fault'?
For the ENTIRE baby-Bush term, GDP averaged only 2.09%
If baby-Bush had even maintained that 2.4% GDP growth he inherited he would have done better than his actual performance.
Geepers you wingnuts are hilarious!!!!
Obama's average is a negative number. 12.5% drop year one, three 1-2% years followed, so, at this point, I would have to say that Obama's record is in the vicinity of -5%.
Nothing like just making up shiite to suit your delsional argument.
http://www.advisorperspectives.com/dshort/updates/Real-GDP-Per-Capita.php
next, figure out how mich was borrowed vs. collected. Ten start to do some simple math.
You will notice two things. Borrowing actually drops the rate of growth, and that we have
back to get back to 2007 GDP.
