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It is such a typical USMB tactic to do random googling just to win an argument.
If spending a trillion didn't give us a decent return on the investment spending 10 trillion will return just as little if not less since the effect is so watered down there can be no positive effect.What he is saying is that based on how little the stimulus did, it wasn't worth the added debt. However, it was because it was too small. Are you really this dumb?
Then why is the Bush tax cut still in place for everyone but the rich. If taxation is the avenue to prosperity raise everyone's taxes right?Hey guess what? Bush's tax cuts have added more to our debt than the stimulus ever did.
And yet you can't explain why it's wrong.
I don't need to explain anything.... I'M LIVING AND SUFFERING through it....
but you can keep making excuse for him like a good useful tool subject for a party by blaming everyone else, ho hum the usual
I'm not saying Obama fixed the economy. I'm saying he could have had republicans not fucked everything up. However what he did do is prevent the economy from collapsing from the 2008 crisis.
This is a pipe dream. I have little to no hope that the GOP will actually get spending under control. They will simply turn into democrats when they are in power, as they have in the past.Sick of Obama's going on $Eighteen Trillion Dollar Debt? End it by voting in a Republican majority in the House and Senate.
We will be ending the spending and all of the spinning!
Look no further than McCain for a prime example.This is a pipe dream. I have little to no hope that the GOP will actually get spending under control. They will simply turn into democrats when they are in power, as they have in the past.Sick of Obama's going on $Eighteen Trillion Dollar Debt? End it by voting in a Republican majority in the House and Senate.
We will be ending the spending and all of the spinning!
I don't understand what's so difficult about figuring out how to fix the economy. promote hard work. Provide the people with more money in their pockets. Don't force them to labor until April to pay the government. Let the people work less for the government and more for themselves.
When you are educating people, don't teach them what to think, but how to think. How to ask the right questions and get good answers.
Teach people to provide quality service to the most people possible in the most efficient way possible.
Stop blocking energy production and encourage people to provide for themselves.
Then there will be plenty for all.
Yeah, because the private sector has done such a great job providing for the masses. There are so many people on food stamps because they're lazy and they want to barely make enough money from two jobs just to get by.
But keep voting for that drug war, Republicans. We wouldn't all of those cops and Federal agents who you want to kill from behind unarmed human shields to lose their jobs, would we?
If Obama's so brilliant about fixing the economy, why isn't it fixed despite him "focusing" on it at least 29 times the last 5 years?
More oil is the answer. Tear up the environment and sell it off to China to pay down our debt. That's the Republican answer. Just build that pipeline that will make it easier to ship Canadian oil to China. That's going to lower American gas prices for sure.
And if peaceful negotiation doesn't work then the Republican Taliban can just threaten Democrats with loaded weapons from behind human shields to get what they want.
Our soldiers have not been dying for ten years to protect your right to be a moron.More oil is the answer. Tear up the environment and sell it off to China to pay down our debt. That's the Republican answer. Just build that pipeline that will make it easier to ship Canadian oil to China. That's going to lower American gas prices for sure.
And if peaceful negotiation doesn't work then the Republican Taliban can just threaten Democrats with loaded weapons from behind human shields to get what they want.
Just build that pipeline that will make it easier to ship Canadian oil to China.
Building a pipeline to the Atlantic Ocean will make it easier to ship oil to China, which is on the Pacific Ocean?
Wow! Libs are as bad at geography as they are at economics...and science...and math.
Our soldiers have not been dying for ten years to protect your right to be a moron.More oil is the answer. Tear up the environment and sell it off to China to pay down our debt. That's the Republican answer. Just build that pipeline that will make it easier to ship Canadian oil to China. That's going to lower American gas prices for sure.
And if peaceful negotiation doesn't work then the Republican Taliban can just threaten Democrats with loaded weapons from behind human shields to get what they want.
Just build that pipeline that will make it easier to ship Canadian oil to China.
Building a pipeline to the Atlantic Ocean will make it easier to ship oil to China, which is on the Pacific Ocean?
Wow! Libs are as bad at geography as they are at economics...and science...and math.
Keystone XL Pipeline | StateImpact Texas
Isn't it a little pathetic that the only economic solution republicans have for fixing the economy are tax cuts for the wealthy? Guess what? Tax cuts for the wealthy only help the wealthy. Why? Because stimulating supply side means dick if you don't stimulate demand side. Obama understood this. Republicans didn't. 4.6 jobs per million dollar cut is all Bush has to show for. That and the billions it added to our national debt. (Let's not forget the 10 trillion of our 17 trillion debt is from Bush's time as president).
According to the CBO, JP Morgan, and Moody, Obama's stimulus package created 2.5 million jobs. Why wasn't enough? Because republicans insisted it be smaller. But why? 280 billion of the 787 billion spent was TAX CUTS. Why did those tax cuts create jobs? Because it included the biggest tax cut for the middle class since Reagan. Not only that, but it included the extension of unemployment insurance. Unemployed people who would otherwise be not spending money were spending money. Those benefits were spent immediately on basic necessities like food, clothing and shelter. That extra demand created jobs. 19000 jobs per billion dollar unemployment benefits. This is an example of DEMAND side economics in action.
Why would more tax cuts for the wealthy be useless? Well obviously because corporate profits are at an all time high and 1% of the top earners own 40% of the nation's wealth. More tax cuts for the wealthy would do dick to create jobs. That is republican's ONLY economic solution. That makes them useless.
What is the solution? More DEMAND side economic policies like the stimulus that is proven to work. Bigger this time so it will make a difference. Does that mean more national debt? Of course, but tax cutting means more debt as well. The difference is that Obama's economic policies work. Unfortunately 2.5 million jobs wasn't enough to make a dent in the 8 million jobs we lost from the 2008 crisis. Like I said, BIGGER.
Here is a non partisan analysis that confirms everything that I have said here. Proof the stimulus worked.
https://nonprofitquarterly.org/poli...he-obama-stimulus-a-success-or-a-failure.html
Here is an article from Moody that explains why extending unemployment benefits creates jobs.
Why Extended Federal Unemployment Benefits Boost the Economy
More oil is the answer. Tear up the environment and sell it off to China to pay down our debt. That's the Republican answer. Just build that pipeline that will make it easier to ship Canadian oil to China. That's going to lower American gas prices for sure.
And if peaceful negotiation doesn't work then the Republican Taliban can just threaten Democrats with loaded weapons from behind human shields to get what they want.
Just build that pipeline that will make it easier to ship Canadian oil to China.
Building a pipeline to the Atlantic Ocean will make it easier to ship oil to China, which is on the Pacific Ocean?
Wow! Libs are as bad at geography as they are at economics...and science...and math.
Our soldiers have not been dying for ten years to protect your right to be a moron.
OxymoronAnd yes, reasonable regulations that allow for a free private sector are good.
umhmmm, how many time are they going post this..?
and as we see the Dear Leader is even worse at it...
thread fail
And yet you can't explain why it's wrong.
Because you're blaming the Republicans, rather than the dunce in the White House....you moron.
1.More than 6.7 million more Americans have been plunged into poverty since Obama became President.
2.Real household income is down 5%
3. Consumer prices are up 10.2%
4. Total federal debt is up 58%
5. Gasoline prices are up 82%
6. Food stamp recipients up 49%
7. Debt held by the public is up 89%
However, the Obama administration recently projected an annual deficit of $750 billion in the fiscal year that began Oct. 1, and $626 billion the year after. At that rate, the debt owed to the public will more than double during the Obama presidency.
As of 2012, according to the most recent figures reported by the Census Bureau, median (midpoint) income for all U.S. households was $51,017, which was 4.9 percent lower (in inflation-adjusted dollars) than it was in 2008, the year before Obama took office.
The same story applies to family income, which includes many families with two earners. (The household figure includes single persons living alone, as well as families.) Median family income in 2012 was $62,241, or 5.1 percent below the inflation-adjusted 2008 level.
The number of persons living in poverty also worsened again in 2012, according to the most recent Census figures.
8. As of last year, 46,496,000 persons lived in households with income below the official poverty line, an increase of nearly 6.7 million since 2008 and 249,000 since 2011. The total poverty rate remained unchanged in 2012 at 15 percent of the total U.S. population. So for the second straight year, the poverty rate was 1.8 points higher than it was in 2008.
Obama?s Numbers, October Update
9... in todays recovery the slowest in the modern era going back to 1947 private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery. Big Business Swings Behind a Mantra of Growth - The New York Sun
10. Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama
Tavis Smiley: 'Black People Will Have Lost Ground in Every Single Economic Indicator' Under Obama | NewsBusters
11. . ".... the... [dollar] has today a value of barely a 1,250th of an ounce of gold, a staggering plunge from an 853rd of an ounce on the day Mr. Obama took office...." Fiat Wages - The New York Sun
12. "CBO says deficits slated to shrink in coming years, but will soar again if spending or tax changes are not made
Federal deficits have soared between 2009 and 2012, bring the total long-term debt to a level equal to 73 percent of the nations GDP. Between 2009 and 2012, the federal government recorded the largest budget deficits relative to the size of the economy since 1946, causing federal debt to soar.
CBO says deficits slated to shrink in coming years, but will soar again if spending or tax changes are not made | Dallas Morning News
13. "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.
Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession | The Weekly Standard
Our soldiers have not been dying for ten years to protect your right to be a moron.
