Samson
Póg Mo Thóin
Hmm declining GDP, debt crisis, soaring energy costs, lowest workforce participation rate since the early 80s. You name it.
The GDP is NOT declining. See chart below. It declined the first two years Obama was in office because unemployment continued to rise as a result of the Bush policies, for a long period of time after Obama took office, but GDP is now rising steadily.
United States GNP Chart
There is no debt crisis. This is a manufactured crisis that the right wing has come up with as the excuse to cut social programs. The deficit is a problem, but with increased revenues, and reduced spending on social programs due to raising the minimum wage, and the wars overseas are now ending so the deficit should come down substantially starting this year.
Soaring energy costs are the fault of big oil companies. The government has nothing to do with the price of oil, that's a free market issue.
No, YOU name it because the stock market is up, housing prices are up, employment is up, GDP is up, the government is shrinking, and so is the deficit. That's why Fox News is now predicting the complete collapse of the US economy.
All true, except:
1. The usual bleeting refrain that the GDP was harmed by BOOOOOOSH. The GDP rose steadily throughout the Bush administration (see your own chart, idiot).
2.The ridiculous assertation that Government has nothing to do with the price of oil (Yet there is an Entire DEPARTMENT of ENERGY associated with The Government). All fuel is taxed by the government, and all natural resource development is regulated BY THE GOVERNMENT.
3. The idiotic supposition that there will be "reduced spending on social programs due to raising the minimum wage."
4. The completely unsubstantiated blather, "wars overseas are now ending so the deficit should come down substantially starting this year." This same line of crap was what morons ate up after the cold war ended.