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re: Obama Economy 4th Worst of Any US President

Posted on 4/28/16 at 9:05 pm to
Posted by AUbagman
LA
Member since Jun 2014
10559 posts
Posted on 4/28/16 at 9:05 pm to
quote:

You probably think the Panic of 1837 was Jackson's fault too.


Well of course. Duh.
Posted by BlackPawnMartyr
Houston, TX
Member since Dec 2010
15272 posts
Posted on 4/28/16 at 9:16 pm to
quote:

So he makes a good point but you can't take it seriously because he didn't respond to the OP? That totally makes sense



Yea if that is what happened. You must have terrible reading comprehension. Or trying way too hard to twist the words.

Like i said, i agree with it.

quote:

I do agree with your post.
Posted by Weagle25
THE Football State.
Member since Oct 2011
46173 posts
Posted on 4/28/16 at 9:29 pm to
A quote from you

quote:

You know i could take your post seriously if you had responded to the OP as well. But you didn't which makes me think you are a red team idiot.


Please tell me how I twisted your words. That's almost word for word what I said.
This post was edited on 4/28/16 at 9:30 pm
Posted by BlackPawnMartyr
Houston, TX
Member since Dec 2010
15272 posts
Posted on 4/28/16 at 9:34 pm to
Because i said i agree with his point. I just dont take him seriously because if he was really trying to make a point he would have responded to the OP. Instead it makes it appear he really doesnt believe his own words. But he says he is libertarian and not a red team rah rah fan so i believe him. Just seems strange that he wouldnt go after the OP if he really felt that way.
Posted by WheelRoute
Washington, D.C.
Member since Oct 2013
1811 posts
Posted on 4/28/16 at 9:40 pm to
quote:

Barack Obama will be lucky to average a 1.55% GDP growth rate


That's b/c the year he took office the gdp growth rate was -2.8%. I trust you understand why.

Take a look around the world. Our economy is the only one on its feet at the moment. The world economy is absolutely starved for U.S. debt and is banging on our door trying to dump money into our coffers.

quote:

$17 trillion debt didn't happen overnight. Both parties are addicted to spending and deficits.


A meaningless stat. We need to issue more debt. Lots more.
Posted by Weagle25
THE Football State.
Member since Oct 2011
46173 posts
Posted on 4/28/16 at 9:45 pm to
quote:

A meaningless stat. We need to issue more debt. Lots more.

To do what?
Posted by Robert Goulet
Member since Jan 2013
9999 posts
Posted on 4/28/16 at 10:06 pm to
I would love to hear more about 17 trillion being a meaningless stat.
Posted by WheelRoute
Washington, D.C.
Member since Oct 2013
1811 posts
Posted on 4/28/16 at 10:27 pm to
quote:

To do what?



To repair our infrastructure. To give tax breaks. To soak up the overwhelming demand for safe assets.

quote:

I would love to hear more about 17 trillion being a meaningless stat.



Yield on a 20 year t-bill is just over .5%. That number has actually fallen as our debt load has risen. The world's appetite for U.S. debt isn't even close to being satiated. We have an opportunity at the moment to borrow at insanely low rates to fund much needed infrastructure repair. We have the opportunity to invest in ourselves for peanuts.
Posted by cas4t
Member since Jan 2010
70878 posts
Posted on 4/28/16 at 11:00 pm to
quote:

Not to be argumentative but isn't this Obama's economy by now?



I realize it's 2016 by now, but keep in mind he was elected in the same year of the mortgage crisis; the second worst economic crash in the history of our country.

I don't agree with all of his fiscal decisions, and he's little to make me think it won't happen again, but he inherited a disaster. It's been a steep uphill battle, especially in dealing with congress.
Posted by scrooster
Resident Ethicist
Member since Jul 2012
37553 posts
Posted on 4/29/16 at 12:02 am to
quote:

Obama Economy 4th Worst of Any US President


... but, but free Obama phones for everybody!

... and everyone has affordable health insurance now!

... the the unemployment rate is under 5.5%!

... and just remember all the old junker cars he took off the road to save General Motors!

... and look at how solvent General Motors is now!

... and is it not wonderful that there are so many solar panels being made in the U.S.!

... and behold the wind farms!

... and, well, all those coal miners are so happy these days receiving their government checks!

... and those 30 million people who are underemployed or unemployed - they don't really want to work anyway.

... and Hollywood is booming!

... and Obama now owns Robin's Nest (you know, that mansion from Magnum P.I.)!

... and the world is such a better place because he's made so many friends in the process of transferring our wealth as a nation overseas.

... and just wait until the TPP kicks-in, things are really going to be great when that happens in full force!

... and finally, our national debt has more than doubled since Obama took office. We, as a country, have never been more in the red. It took him less than eight years to spend more money than all other presidents combined in the past 200+ years as a nation.

But he's a great man who has done wonders for this country.

Sheesh.

Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105362 posts
Posted on 4/29/16 at 12:34 am to
No shite?


Of course it is
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105362 posts
Posted on 4/29/16 at 12:35 am to



Stop, That is just a lot of the same party line. Educate yourself on this man cas
Posted by TJGator1215
FL/TN
Member since Sep 2011
14174 posts
Posted on 4/29/16 at 12:38 am to
Such an impartial source.
Posted by pvilleguru
Member since Jun 2009
60453 posts
Posted on 4/29/16 at 6:31 am to
quote:

... and finally, our national debt has more than doubled since Obama took office. We, as a country, have never been more in the red. It took him less than eight years to spend more money than all other presidents combined in the past 200+ years as a nation.

Inflation.
This post was edited on 4/29/16 at 6:32 am
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
118757 posts
Posted on 4/29/16 at 7:23 am to
quote:

A meaningless stat. We need to issue more debt. Lots more.


What a dumb comment.
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28759 posts
Posted on 4/29/16 at 7:57 am to
quote:

It's been a steep uphill battle, especially in dealing with congress.


what part of his plans or agenda have not happened with a democratic or republican congress? some appointees to court positions?
Posted by cas4t
Member since Jan 2010
70878 posts
Posted on 4/29/16 at 8:16 am to
Don't downplay he pushback he received on appointing Supreme Court justices. That is arguably one of the most important decisions a president can make if the opportunity presents itself while they are in office.

There's an article in Bloomberg that outlines bills republicans have filibustered since Obama has been in office, I'll google around to see if I can find it. It's a couple years old. But some bills that come to mind- infrastructure bill in 2010 or 2011, jobs package bill before that was filibustered, paycheck fairness act, teachers and EMT return to work bill, min wage bill, and the student loan bill were all filibustered by republicans.

I'm not here to argue your beliefs in comparison to mine. But to act as though congress has happily worked with him is playing dumb. I'll look around online when I get to the office to see if I can find some more, I know they're out there.

Oh and not to mention healthcare reform has received pushback obviously, gun control, and stimulus pushback
This post was edited on 4/29/16 at 8:20 am
Posted by cas4t
Member since Jan 2010
70878 posts
Posted on 4/29/16 at 8:17 am to
I am educated on the subject. Sorry I don't get my information from Fox News or CNN Rocky. Don't come at me with that bullshite; you don't know me. Just because I avoid the political board like the plague doesn't mean I don't follow politics.
Posted by cas4t
Member since Jan 2010
70878 posts
Posted on 4/29/16 at 8:39 am to
Posted by BHMKyle
Birmingham, AL
Member since Feb 2013
5076 posts
Posted on 4/29/16 at 8:52 am to
quote:

Don't downplay he pushback he received on appointing Supreme Court justices.


Kind of like how Obama tried to filibuster Bush's nomination of Alito?

quote:

But to act as though congress has happily worked with him is playing dumb


Why do all you libs suddenly think that Congress should work with the president and rubber stamp every whimsical idea he has with no pushback, when it was never the case with Bush? Back in 2006-2007, Congressional Democrats were literally trying to sabotage Bush foreign policy.... travelling to meet with enemies and declaring Guantanamo Bay was the equivalent of a Nazi concentration camp or a Soviet gulag.... you know, the same Guantanamo Bay prison that still operates in year 8 of Obama with hardly any mention from the media.

Democrats filibustered Bush appointees. Remember John Bolton? Congress did not go along with Bush's plans to reform social security.

I find it ridiculously juvenile when I hear libs act as if the reason Obama's presidency has been a failure is due to a lack of cooperation from the Republicans.... yet these are the same people who were shouting, "Bush lied, people died," just 8 years ago.

Bush was not a great president. But Obama will go down as one of our worst ever. Great presidents lead and they persuade their political adversaries to support them. Kennedy and Reagan were two of the best at this. Clinton pretty much turned all power over to the GOP beginning in the third year of his presidency.... and the country was better off because of it.

Bush's problem is he ignored his critics and tried to stay above all of the political discourse and insults thrown his way... but he allowed all of the anti-Bush hatred to fester and completely overwhelm his presidency (Bush was behind 9/11... Bush bombed the levies in New Orleans to kill black people... Bush was solely responsible for every troop death... Bush runs a concentration camp in Cuba... etc.). Bush never responded to the attacks and that emboldened the Democrats and the media to keep pounding away. Once it took over, Bush's popularity plummeted and the Democrats knew they didn't have to cooperate with him at that point.

Obama's problem was that he road in on a high horse, insulting Conservatives and Republicans at every turn, all with an heir of moral superiority and the attitude that Republicans were just going to have to do everything he wanted. Not to mention, while he has personally been regarded favorably by the general public, none of his policies have been very popular.... so after being insulted and demeaned, why would the Republicans try to work with him when the public was never clamoring for his socialist agenda?
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