Economically, many think this is the worst administration in history.

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    Re: Economically, many think this is the worst administration in history.

     

    "....it is Congress who is more responsible for the economy than the President. That is their overriding mandate, passing budgets and paying the bills, and that is how they exert their influence."

    Correct a mundo. The economy was doing relatively well until 2006,  when a gaggle of left wing Democrats took over Congress, and ruination has followed.

     
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    Re: Economically, many think this is the worst administration in history.

    In response to MattyScornD's comment:

    The unserious IRS hearings trying to link serious allegations of bureaucratic malfeasance on the Prez without ANY evidence whatsoever is just another empty boxcar on this train called a legislature.   



    Lack of evidence as in "pleading the 5th" and "no memory" is evidence of potential wrong doing!

     
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    Re: Economically, many think this is the worst administration in history.

    From the conservative rag LA Times.

    The country's tepid growth in its gross domestic product isn't creating enough good jobs to build a strong middle class, according to a UCLA report released Wednesday.

    "Growth in GDP has been positive, but not exceptional," UCLA economists wrote in their quarterly Anderson Forecast. "Jobs are growing, but not rapidly enough to create good jobs for all."

    The report, which analyzed long-term trends of past recoveries, found that the long-anticipated "Great Recovery" has not yet materialized.

    Real GDP growth — the value of goods and services produced after adjusting for inflation — is 15.4% below the 3% growth trend of past recoveries, wrote Edward Leamer, director of the UCLA Anderson Forecast. More robust growth will be necessary to bring this recovery in line with previous ones.

    "It's not a recovery," he wrote. "It's not even normal growth. It's bad."

     
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    Re: Economically, many think this is the worst administration in history.

    In response to tvoter's comment:

    In response to slomag's comment:

    [QUOTE]

     


    But again - what is it that you guys are saying?  

     



    Yous guys? lol

     

    Im saying that the argument of "it would have been much worse" is just as unprovable as the argument of "the stimulous did nothing".

    The fact is 4 years and a trillion dollars and counting later our economy is still in very bad shape.

    [/QUOTE]


    That's a copout - the turnaround began the moment the stimulus was signed into law.  You can't point to any recovery in modern history that occurred without government stimulus, and you can't point to any country suffering from the same exact recession that is doing better by rejecting stimulus.

    If you really believed that the argument that the stimulus didn't work was legitimate, you would have addressed the specific questions - where did rejecting stimulus work better?  Is the timing of the employment picture improvement a co-incidence?  Stock market resurgence?  

    Instead, you distanced yourself from your fellow conservatives, followed by a toothless "things are still very bad".  Ask Spain and Ireland what they would do for the US economy right now.  Copout.

     
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