Now do the Dems own the economy?

Now do the Dems own the economy?

yes of course

Chinese agency downgrades US credit rating

AFP - A Chinese ratings agency downgraded its US sovereign credit rating Thursday despite Washington's resolution of the debt ceiling deadlock, warning that fundamentals for a potential default remained "unchanged".

Dagong lowered its ratings for US local and foreign currency credit from A to A-, maintaining a negative outlook, the agency said in a statement.

The announcement came after the US Congress passed and President Barack Obama signed a bill that extends the nation's borrowing authority and ends a two-week government shutdown.

"The fundamental situation that the debt growth rate significantly outpaces that of fiscal income and gross domestic product remains unchanged," Dagong said in the statement, adding Washington's solvency was vulnerable as old debts were still repaid through raising new debts.

"Hence the government is still approaching the verge of default crisis, a situation that cannot be substantially alleviated in the foreseeable future," it said.

Chinese agency downgrades US credit rating - FRANCE 24
 
Works for me....now, if only the Republicans would get out of the way

Right. Until of course, the inevitable failure comes home regarding LOLberal fiscal policies. Then you'll have to find someone else to blame. The rich?

Or maybe just blame rrepublicans anyway?

Or maybe it was the American people's fault?

I know! Conservatives?

YOu guys are a bunch of tweenagers. Not a single adult amongst you.

Then let them fail and face the consequences

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive. Sequestration is a drain on the economy.

Republicans drove the economy into a ditch and then try to block every effort to get out as they giggle and say.......Look how slow your recovery is
You're twisting Obama's failure to employ Americans by destroying 10,000 high-paying oil jobs in the Gulf and destroying the tourist trade in America by touting America as bad people to the rest of the world when he takes his expensive world travel vacation outside our borders.

He's humiliated our ancestors and defended those who hate Americans.

The only thing we've done is try to guide him into not spending more money, but you all have seen to it the sky's the limit on his piggy-bank emptying of America's fiscal resources to nourish and drug women who create fatherless children with low morals and access to expensive attorneys to cram the judicial system with frivolous lawsuits that result in a huge payday for liars and cheaters when their victims settle out of court rather than be totally demolished financially by fighting the lies and graft.

You've all but assured the nation will experience total chaos with this breakdown of morality and human physical and mental health.

And Obama is particularly peculiar for supporting the Muslim brotherhood whose founder was cheerleader for the Holocaust in Germany and the EU, not to mention the Holy Land.

Stop blaming Republicans for opposing this damaging administration. So far, we've gone by the rule of law as best we can.

Obama sold out American workers, and he made himself known when he shut down American drilling in the Gulf.

Obama sold out American allies when he insulted the Queen of England, who housed him when he visited her country. And he did it in a public and humiliating way.

If you call this a national win, you haven't learned a single thing from this wannabe tyrant by his cushioning himself by making sycophantic press room people mouth his garbage of giving non-answers and taking no responsibility for his egregious acts, words, and hatred of his fellow Americans and demands for instant gratification for his friends from the Treasury department through corrupt and malicious practice.
 
No. ANy negative development will be blamed in intrasigent Republicans in the House who refused to pass Obozo's programs of more taxing and more spending.
This is exactly like progressive historians who have written the narrative that the laissez-faire Hoover's policies caused the Great Depression and it was only the progressive FDR's programs that got us out.
Not one word of that is true. But I'll bet 90% of the posters here believe it.

That's the Progressive Playbook. Failure is a guarantee but it's the oppositions fault
 
Works for me....now, if only the Republicans would get out of the way

Right. Until of course, the inevitable failure comes home regarding LOLberal fiscal policies. Then you'll have to find someone else to blame. The rich?

Or maybe just blame rrepublicans anyway?

Or maybe it was the American people's fault?

I know! Conservatives?


YOu guys are a bunch of tweenagers. Not a single adult amongst you.

Then let them fail and face the consequences

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive. Sequestration is a drain on the economy.

Republicans drove the economy into a ditch and then try to block every effort to get out as they giggle and say.......Look how slow your recovery is

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive

We can't have a little fiscal restraint 4.5 years into a recovery?
When is a good time?
 
Right. Until of course, the inevitable failure comes home regarding LOLberal fiscal policies. Then you'll have to find someone else to blame. The rich?

Or maybe just blame rrepublicans anyway?

Or maybe it was the American people's fault?

I know! Conservatives?


YOu guys are a bunch of tweenagers. Not a single adult amongst you.

Then let them fail and face the consequences

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive. Sequestration is a drain on the economy.

Republicans drove the economy into a ditch and then try to block every effort to get out as they giggle and say.......Look how slow your recovery is

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive

We can't have a little fiscal restraint 4.5 years into a recovery?
When is a good time?

You can't serve two masters

You can't cut spending at the same time you have low employment, It leads to a stagnant recovery, which is what we got
 
Then let them fail and face the consequences

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive. Sequestration is a drain on the economy.

Republicans drove the economy into a ditch and then try to block every effort to get out as they giggle and say.......Look how slow your recovery is

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive

We can't have a little fiscal restraint 4.5 years into a recovery?
When is a good time?

You can't serve two masters

You can't cut spending at the same time you have low employment, It leads to a stagnant recovery, which is what we got

Yes.. you can

Lower government spending does not equate to lower private employment.. you can recover without government not playing shell games with tax and borrowed monies
 
LOL. Silly ass, you are as stupid as ever. The whole time the Teabaggers were throwing their imitation of a two year old legislative tantrum the market was going down. As soon as they caved, the market immediatly made big gains. Now that is the kind of economy that I like owning.

We kick these dingdong malcontents out of office in Novemeber of 14, and have two years to get this nation back on track with investments in infrastructure, science, and the education of our citizens, you are going to see a renewed nation. One that once again is competing in all aspects for being number one, rather than being the competition for first place in political lunacy.

The market made big gains because they knew their 85 billion dollar a month gravy train from the govt TO wall street continues.

Did you notice the evil Grinch grin Obama wore at the Yellin ceremony? Guess whose taking the blame when the asset bubble bursts

I didn't see that but I have no doubt you'll be right. O picked her because she said she would keep sending the gravy over. They have to know when this stops it's going to be horrific. Hell, Summers was a candidate but he was going to stop the fed gravy. And of course he was quickly dismissed.
 
Yeah, we need another shovel ready stimmulus. This time, I think they should go for like, 10 trillion on it and see what happens.
 
Then let them fail and face the consequences

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive. Sequestration is a drain on the economy.

Republicans drove the economy into a ditch and then try to block every effort to get out as they giggle and say.......Look how slow your recovery is

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive

We can't have a little fiscal restraint 4.5 years into a recovery?
When is a good time?

You can't serve two masters

You can't cut spending at the same time you have low employment, It leads to a stagnant recovery, which is what we got

That's a lie!
 
Yeah, we need another shovel ready stimmulus. This time, I think they should go for like, 10 trillion on it and see what happens.

spice it up with a bunch of pork while we are at it too

Sure, why not? No stimulus in the history of stimulus has ever been successful. Just like government doesn't create jobs. But that wont stop economically inept retards like SHallow and RWer from demanding more of it.

One trick pony. It's all they know how to do is look to governemnt to solve problems. Then they end up with a bigger problem. So what do they do? Ask government to fix it, of course.

:cuckoo:
 
Then let them fail and face the consequences

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive. Sequestration is a drain on the economy.

Republicans drove the economy into a ditch and then try to block every effort to get out as they giggle and say.......Look how slow your recovery is

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive

We can't have a little fiscal restraint 4.5 years into a recovery?
When is a good time?

You can't serve two masters

You can't cut spending at the same time you have low employment, It leads to a stagnant recovery, which is what we got
We haven't cut spending. We've spent like crazy, and we have a stagnant recovery and low employment.
 
Then let them fail and face the consequences

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive. Sequestration is a drain on the economy.

Republicans drove the economy into a ditch and then try to block every effort to get out as they giggle and say.......Look how slow your recovery is

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive

We can't have a little fiscal restraint 4.5 years into a recovery?
When is a good time?

You can't serve two masters

You can't cut spending at the same time you have low employment, It leads to a stagnant recovery, which is what we got

You can't cut spending at the same time you have low employment

You can cut business killing regulations to stimulate jobs without additional spending.
 
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Works for me....now, if only the Republicans would get out of the way

Right. Until of course, the inevitable failure comes home regarding LOLberal fiscal policies. Then you'll have to find someone else to blame. The rich?

Or maybe just blame rrepublicans anyway?

Or maybe it was the American people's fault?

I know! Conservatives?


YOu guys are a bunch of tweenagers. Not a single adult amongst you.

Then let them fail and face the consequences

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive. Sequestration is a drain on the economy.

Republicans drove the economy into a ditch and then try to block every effort to get out as they giggle and say.......Look how slow your recovery is

Liberals want to perceive Republicans in the House as standing in the way of economic growth, yet where was all that concern for its collapse back when Nancy Pelosi was elected speaker in 2006? I don't know which is worse: Democrats as partakers of this country's demise, or insist they played no part but simply stood by and allowed it to happen? Which side of the coin would you like to call on this one? I'm sure we'd all be entertained by a little tap dancing explanation from Rightwinger or Sallow.
 
Then let them fail and face the consequences

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive. Sequestration is a drain on the economy.

Republicans drove the economy into a ditch and then try to block every effort to get out as they giggle and say.......Look how slow your recovery is

Republicans demanding job growth at the same time they demand fiscal restraint is counterproductive

We can't have a little fiscal restraint 4.5 years into a recovery?
When is a good time?

You can't serve two masters

You can't cut spending at the same time you have low employment, It leads to a stagnant recovery, which is what we got

Obama has increased spending, he is projected thus far to have spent $7.5 TRILLION dollars by the end of his term. At the same time this president wants to raise revenue, you can't hope to reduce the deficit by burning both ends of the candle. You can't hope to find revenue on the backs of an increasing number of food stamp recipients, part time employment, and unemployment checks.

During the recession, the median American household income fell by $1,002 (from $55,480 to $54,478). During the recovery—that is, from the officially defined end of the recession (in June 2009) to the most recent month for which figures are available (June 2013)—the median American household income has fallen by $2,380 (from $54,478 to $52,098).

Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession | The Weekly Standard
 
We kick these dingdong malcontents out of office in Novemeber of 14, and have two years to get this nation back on track with investments in infrastructure, science, and the education of our citizens, you are going to see a renewed nation. One that once again is competing in all aspects for being number one, rather than being the competition for first place in political lunacy.

When has this nation been on track?

to compare Obama’s recovery with other recoveries from other recessions since the Great Depression. By that measure, what is clear is that Obamanomics (Obama's policies) has produced the worst recovery from a recession since the Great Depression, worse than what every other President who has faced a recession has achieved since the Great Depression.

Economically, Could Obama Be America's Worst President? - Forbes
 

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