rightwinger
Award Winning USMB Paid Messageboard Poster
- Aug 4, 2009
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Ah yes...the old....You didn't do thatObama made it worse?Not in free fall?our national debt when obozo took over was 10T, it will be 20T when he leaves
there are more in poverty today than in 08
there are more on food stamps than in 08
the gap between rich and poor is larger than in 08
the mideast is a total mess under obozo
the country is more divided than other due to his failed policies
his stooge reid sat on over 300 bills rather than doing his job
those are not sour grapes, they are facts. Deal with it.
Now you are trying...actually trying to talk specifics
I am proud of you
Obama took over an economy that was in freefall. That there continues to be economic instability is a given
Now as to the inequality in the distribution of wealth.....that has been brewing since we embraced supply side economics
the economy was not in "free fall" what a stupid comment.
your hero said he would fix it, he did nothing but make it worse, that is the reality of the obama terms
there will always be rich and poor, the government cannot change that. But, the american system of free interprise is the best method to give everyone who is willing to work a piece of the pie. government mandated income distribution never works, it only helps those doing the distributing.
The stock market had dropped 7000 points
We were losing 750,000 jobs a month
Auto companies were collapsing
Banks were defaulting
GDP had been negative for five quarters
Housing market collapsed
If that is not free fall, what is?
Stock Market is up 11,000 points
Adding 230,000 jobs a month
Auto companies were saved
Banks repaid loans
GDP up 2-3 percent a quarter
Housing market recovering
That is worse to you?
OK, lets review
Obama had nothing to do with the stock market. the rise is almost all due to the low interest rates by the fed
most of those jobs are part time or the result of people taking jobs they are over qualified for
The auto companies would have been just fine if they had gone through bankruptcy, The bailout (using taxpayer money) was to save the UAW, not the auto companies
banks always repay loans, thats why they are called loans.
GDP, one good quarter an 7 years of miserable ones.
The housing market is better, but not because of anything obozo did.
So, yes, it is worse than when he took over.
Sounds familiar