LibocalypseNow
Senior Member
- Jul 30, 2009
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On the brightside,he sure knows how to pick Basketball Game winners and is making big improvements in his Golf Game. Ah those Hopey Changey priorities...YIKES!
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The conclusion that President Obama, is incompetent is bipartisan. Obama, served in Congress by voting present. He leads the country in the same way. Obama, has taken the title of the worst President in US history away from Carter. After 09/11/2001 then President Bush, was faced with an equally disastrous economic picture. President Bush, exercised leadership,cut taxes, and then got out of the way of American business. Business boomed, unemployment dropped into the low fours, and tax revenues soared. President Bush, turned the post 09/11 economy around in less then one year. That contrasts sharply with what Obama, has done doesn't it?
Democrat Rips Into Obama For Total Failure Of Leadership
By Michael Eden
Well, it is now officially bipartisan: Barack Obama is a total failure as a president and a total failure as a leader:
Manchin Rips Obama
March 8, 2011 12:42 P.M. By Andrew Stiles
In an impassioned speech on the Senate floor this morning, Sen. Joe Manchin (D., W.Va.) rebuked President Obama for sitting on the sidelines in the debate over federal spending. Why are we doing all this when the most powerful person in these negotiations our president has failed to lead this debate or offer a serious proposal for spending and cuts that he would be willing to fight for? Manchin asked.
Democrat Rips Into Obama For Total Failure Of Leadership « Start Thinking Right
http://www.youtube.com/watch?v=4kV5Lt6-iX0
Sen. Joe Manchin did not call the President incompetent. He rightfully questioned his role in the Budget Cut debates. He also criticizes the congressional Democrats and Republicans too.
President Carter was a not the worst president.
The first Bush Tax cuts were enacted in June of 2001. The second in May of 2003, 20 months after 9-11. So you might need to rethink your claim about President Bushes economic leadership in terms of those attacks. It is a fact that under his leadership we moved into the worst recession we've seen since the Great Depression.
So your conclusion is false. The only people who will believe it never gave the President a chance to begin with, and have always rooted for America to fail under his leadership.
Sadly, you believe the line I put in bold. It was campaign rhetoric used by the democrats to win seats and to win the white house.
But, you see, the recession was by no means the worst since the great depression. I have lived through higher unemployment and interest rates in the upper teens. I have lived through gas lines 3 hours long....with rationing being the law.
Now, granted, the greed of the consumer and the businesses that capitalized on that greed exasperrated matters....but by no means the worst recession since the great depression.
Indeed the was used in the campaign and rightly so, however it was not just political rhetoric.
You don't even make sense. How is Obama supposed to be in charge of the goings on and the information coming out of Japan?? He has done everything he can do to help them. It is not his call!!! Damn, you're thick!!!
When the tsunami hit Indonesia in 2004, then President George W. Bush dispatched two carrier groups to provide aid and medical care.
But then, Bush was competent and had leadership skills, unlike that fucking moron Obama.
It's good that Obama followed Bush's lead. Japan is a strong ally and deserves all the aid we can offer.
So you might need to rethink your claim about President Bushes economic leadership in terms of those attacks. It is a fact that under his leadership we moved into the worst recession we've seen since the Great Depression.
That of course is a lie.
Not only were there far worse recessions in 1973 and 1978, but the recession got far worse under Obama than it was under Bush.
Not that this matters to you, as I previously noted, you have no integrity. You openly lie to promote your shameful party or to smear the hated opposition.
Then, it's good to see him "follow" Bush...Good grief! A total switcheroo in 2 pages...that's gotta be a record or something
Then, it's good to see him "follow" Bush...Good grief! A total switcheroo in 2 pages...that's gotta be a record or something
Dude, if new information is presented, then it should be taken into account.
The current economic crisis dwarfs the recession of 1973 and 1978.
Now the lie in the previous post that ya'll like to ignore is where it was said that in response to the 9-11 attack Bush showed leadership and cut taxes....
Economist will be pouring over the numbers for years to come but most of them conclude that current crisis is eclisped only by the great depression.
It's old info that you didnt know about (I dont know why) because you're assuming the worst from Obama because you dont like him
And you said Bush had leadership skills and was competent for sending aid...But when Obama sends the same aid and you switch to a new reason to criticize him![]()
The conclusion that President Obama, is incompetent is bipartisan. Obama, served in Congress by voting present. He leads the country in the same way. Obama, has taken the title of the worst President in US history away from Carter. After 09/11/2001 then President Bush, was faced with an equally disastrous economic picture. President Bush, exercised leadership,cut taxes, and then got out of the way of American business. Business boomed, unemployment dropped into the low fours, and tax revenues soared. President Bush, turned the post 09/11 economy around in less then one year. That contrasts sharply with what Obama, has done doesn't it?
Democrat Rips Into Obama For Total Failure Of Leadership
By Michael Eden
Well, it is now officially bipartisan: Barack Obama is a total failure as a president and a total failure as a leader:
Manchin Rips Obama
March 8, 2011 12:42 P.M. By Andrew Stiles
In an impassioned speech on the Senate floor this morning, Sen. Joe Manchin (D., W.Va.) rebuked President Obama for sitting on the sidelines in the debate over federal spending. Why are we doing all this when the most powerful person in these negotiations our president has failed to lead this debate or offer a serious proposal for spending and cuts that he would be willing to fight for? Manchin asked.
Democrat Rips Into Obama For Total Failure Of Leadership « Start Thinking Right
http://www.youtube.com/watch?v=4kV5Lt6-iX0
Sen. Joe Manchin did not call the President incompetent. He rightfully questioned his role in the Budget Cut debates. He also criticizes the congressional Democrats and Republicans too.
President Carter was a not the worst president.
The first Bush Tax cuts were enacted in June of 2001. The second in May of 2003, 20 months after 9-11. So you might need to rethink your claim about President Bushes economic leadership in terms of those attacks. It is a fact that under his leadership we moved into the worst recession we've seen since the Great Depression.
So your conclusion is false. The only people who will believe it never gave the President a chance to begin with, and have always rooted for America to fail under his leadership.
Sadly, you believe the line I put in bold. It was campaign rhetoric used by the democrats to win seats and to win the white house.
But, you see, the recession was by no means the worst since the great depression. I have lived through higher unemployment and interest rates in the upper teens. I have lived through gas lines 3 hours long....with rationing being the law.
Now, granted, the greed of the consumer and the businesses that capitalized on that greed exasperrated matters....but by no means the worst recession since the great depression.
Why this recession is so bad
First things first: Even though it may seem obvious to most that this is the worst downturn since the Great Depression, the economy has experienced other serious recessions in the past, particularly in the mid-1970s and early 1980s.
But this recession dwarfs those two for several reasons.
In terms of length, the longest post-Depression economic decline was 16 months, which occurred in both the 1973-75 and 1981-82 recessions. This recession began in December 2007, which means that it will enter its 17th month next Wednesday.
The current recession is also more widespread than any other since the Depression. The Federal Reserve's readings show that 86% of industries have cut back production since November, the most widespread reduction in the 42 years the Fed has tracked this figure.
What's more, every state reported an increase in unemployment this past December, the first time that has happened in the 32 years that records for unemployment in each state have been kept.
"This is important because there's nowhere you can move to find a job," said Gus Faucher, director of macroeconomics for Moody's Economy.com.
Finally, during the past nine months, the drop in household wealth has been larger since anything on record in the post-World War II period.
So you might need to rethink your claim about President Bushes economic leadership in terms of those attacks. It is a fact that under his leadership we moved into the worst recession we've seen since the Great Depression.
That of course is a lie.
Not only were there far worse recessions in 1973 and 1978, but the recession got far worse under Obama than it was under Bush.
Not that this matters to you, as I previously noted, you have no integrity. You openly lie to promote your shameful party or to smear the hated opposition.
For somebody who is so clueless you don't even realize how much logistical support is already being provided to the Japanese,
And it took him a bit less than a week, what a wonder of decision making skill..
why would anyone take any stock in your crappy opinions about the president?
You're not going to "take stock" in anything other than praise and worship of your little tin Messiah®.
Ohhh Bahhhh Bahhhh Bahhh Mahhhh..
Obama said one U.S. aircraft carrier is already in Japan, and a second is on its way. A U.S. ship was also heading to the Marianas Islands to assist as needed, the president said.
Indeed the was used in the campaign and rightly so, however it was not just political rhetoric.
Actually, it is.
{The deepest and longest-lasting recession the United States has experienced since then began in 1980, when Jimmy Carter was president (the gross domestic product dropped 9.6 percent in the second quarter of that year) and did not end until fourth-quarter 1982,}
The worst recession? - Washington Times
Notice the contrast;
{The worlds largest economy contracted 1.9 percent from the fourth quarter of 2007 to the last three months of 2008, }
U.S. Recession Worst Since Great Depression, Revised Data Show - Bloomberg
A 1.9% contraction isn't even in the same ballpark as the 9.6% tumble under Carter.
The single quarter drop under Carter was greater than the aggregate decline from the December to December of the 2007-2008 recession to the end of it
Note that Bloomberg openly admits that they are distorting;
{The Commerce Department also reported yesterday that the economy contracted at a 1 percent annual rate from April through June after shrinking at a 6.4 percent pace in the first quarter, the most since 1982. The decline in the first three months of the year was previously reported as 5.5 percent. }
Well shit, you mean the Great Depression was AFTER 1982?????
Uncensored2008 said:Economics is based on facts. GDP being the relevant one. Partisan hacks will spin and distort, but the numbers are what the numbers are.
The 2008 income tax data are now in, so we can assess the fulfillment of the Republican promise that tax cuts would produce widespread prosperity by looking at all the years of the George W. Bush presidency.
Just as they did in 2000, the Republicans are running this year on an economic platform of tax cuts, especially making the tax cuts permanent for the richest among us. So how did the tax cuts work out? My analysis of the new data, with all figures in 2008 dollars:
Total income was $2.74 trillion less during the eight Bush years than if incomes had stayed at 2000 levels.
That much additional income would have more than made up for the lack of demand that keeps us mired in the Great Recession. That would mean no need for a stimulus, although it would not have affected the last administration's interfering with market capitalism by bailing out irresponsible Wall Streeters instead of letting the market determine their fortunes.
In only two years was total income up, but even when those years are combined they exceed the declines in only one of the other six years.
Even if we limit the analysis by starting in 2003, when the dividend and capital gains tax cuts began, through the peak year of 2007, the result is still less income than at the 2000 level. Total income was down $951 billion during those four years.
Average incomes fell. Average taxpayer income was down $3,512, or 5.7 percent, in 2008 compared with 2000, President Bush's own benchmark year for his promises of prosperity through tax cuts.
Had incomes stayed at 2000 levels, the average taxpayer would have earned almost $21,000 more over those eight years. That's almost $50 per week.
The changes in average and total incomes are detailed on the next page in Table 1, the first of four tables analyzing the whole data.
Here's your logic:
January 18, 2009
End Bush recession
January 19, 2009
Begin Obama recession
So now you're a fucking economist?Where do you get a Ph.D in 24 hours?
Wait.....is the OP wanting our President to be jetting to Japan to help hand out emergency supplies himself?
Yes indeedy. The numbers ARE what they are. And this is a review of tax cuts/revenue/income losses resulting from those glorious Bush years you speak of.
The GDP numbers are the result of productivity, which results from, simply put, income and output.
Measuring GDP is complicated
You don't even make sense. How is Obama supposed to be in charge of the goings on and the information coming out of Japan?? He has done everything he can do to help them. It is not his call!!! Damn, you're thick!!!
When the tsunami hit Indonesia in 2004, then President George W. Bush dispatched two carrier groups to provide aid and medical care.
But then, Bush was competent and had leadership skills, unlike that fucking moron Obama.
Here's your logic:
January 18, 2009
End Bush recession
January 19, 2009
Begin Obama recession
Here's your logic.
Decline in GDP, Q4 1980 - 9.6%
Decline in GDP, Q4 2008 - 1.7% - WAAAAAAA WORST RECESSION EVER...
Leftists have no fucking grasp of economics.
The lower the IQ, the further left...