What Does The World Think About Obama?

[Rozman]

I believe we need anything above 2% to call it growth.
Anything 2% or less is barely treading water.....

At least that's what every economist I have ever heard say about it...
Unless you're Paul Krugman who says whatever Obama does is considered historic growth.

 

[rightwinger]

I believe we need anything above 2% to call it growth.
Anything 2% or less is barely treading water.....

At least that's what every economist I have ever heard say about it...
Unless you're Paul Krugman who says whatever Obama does is considered historic growth.

According to the old economic models. 2% is the new norm the old days are gone, probably for good

 

[PoliticalChic]

"Breaking: Brexit Decision Deals Another Blow to Obama
The United Kingdom's decision to leave the European Union is the second major blow to President Barack Obama — and his legacy — in as many days."
Breaking: Brexit Decision Deals Another Blow to Obama

No blow to Obama...he will be gone in a few months

It is the UK that will have to live with their horrendous decision

And you don't imagine that America will have to live with your horrendous decision
to move this incompetent ingrate into the White House?

National debt of the United States:
US: $19,230,634,229,070 - Debt as of June 2016


That's one of the character flaws of you Liberals....failure to take responsibility for your mistakes.

Our economy is the strongest in the world so is our dollar

Thanks President Obama

Pop quiz!

Who is the only United States President in the last nearly 90 years.....close to your age,huh?....

....who has never.........never.....been able to achieve a 3% or better real economic growth for his nation????




But...has this record:
National debt of the United States:
US: $19,230,634,229,070 - Debt as of June 2016

Irrelevant statistic that ignores eight years of steady growth and the U.S. Being the leading economy in the world

Aha!


So you recognize the culprit behind the abysmal economic statistics here...

1. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire



And here....

2. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike



And here....

3. "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 nation’s 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




BTW.....you didn't vote for this dud......

.....did you?

 

[Moonglow]

"Breaking: Brexit Decision Deals Another Blow to Obama
The United Kingdom's decision to leave the European Union is the second major blow to President Barack Obama — and his legacy — in as many days."
Breaking: Brexit Decision Deals Another Blow to Obama

No blow to Obama...he will be gone in a few months

It is the UK that will have to live with their horrendous decision

And you don't imagine that America will have to live with your horrendous decision
to move this incompetent ingrate into the White House?

National debt of the United States:
US: $19,230,634,229,070 - Debt as of June 2016


That's one of the character flaws of you Liberals....failure to take responsibility for your mistakes.

Our economy is the strongest in the world so is our dollar

Thanks President Obama

And isn't that what really matters?

No.

Not when you recognize what it could have been with a competent President, and a pro-America party in charge.


Try the quiz in post #76.

Well after Boosh, the economy is much better..

 

[PoliticalChic]

I believe we need anything above 2% to call it growth.
Anything 2% or less is barely treading water.....

At least that's what every economist I have ever heard say about it...
Unless you're Paul Krugman who says whatever Obama does is considered historic growth.

BTW.....this..."Unless you're Paul Krugman who says whatever Obama does is considered historic growth." applies to the poster in #80, too.

See his last post?

 

[Moonglow]

No blow to Obama...he will be gone in a few months

It is the UK that will have to live with their horrendous decision

And you don't imagine that America will have to live with your horrendous decision
to move this incompetent ingrate into the White House?

National debt of the United States:
US: $19,230,634,229,070 - Debt as of June 2016


That's one of the character flaws of you Liberals....failure to take responsibility for your mistakes.

Our economy is the strongest in the world so is our dollar

Thanks President Obama

Pop quiz!

Who is the only United States President in the last nearly 90 years.....close to your age,huh?....

....who has never.........never.....been able to achieve a 3% or better real economic growth for his nation????




But...has this record:
National debt of the United States:
US: $19,230,634,229,070 - Debt as of June 2016

Irrelevant statistic that ignores eight years of steady growth and the U.S. Being the leading economy in the world

Aha!


So you recognize the culprit behind the abysmal economic statistics here...

1. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire



And here....

2. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike



And here....

3. "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 nation’s 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




BTW.....you didn't vote for this dud......

.....did you?

Reagan was riding the tech boom era, not so much of any boom now days...

 

[PoliticalChic]

No blow to Obama...he will be gone in a few months

It is the UK that will have to live with their horrendous decision

And you don't imagine that America will have to live with your horrendous decision
to move this incompetent ingrate into the White House?

National debt of the United States:
US: $19,230,634,229,070 - Debt as of June 2016


That's one of the character flaws of you Liberals....failure to take responsibility for your mistakes.

Our economy is the strongest in the world so is our dollar

Thanks President Obama

And isn't that what really matters?

No.

Not when you recognize what it could have been with a competent President, and a pro-America party in charge.


Try the quiz in post #76.

Well after Boosh, the economy is much better..

Really?

. "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 nation’s 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

 

[Moonglow]

And you don't imagine that America will have to live with your horrendous decision
to move this incompetent ingrate into the White House?

National debt of the United States:
US: $19,230,634,229,070 - Debt as of June 2016


That's one of the character flaws of you Liberals....failure to take responsibility for your mistakes.

Our economy is the strongest in the world so is our dollar

Thanks President Obama

And isn't that what really matters?

No.

Not when you recognize what it could have been with a competent President, and a pro-America party in charge.


Try the quiz in post #76.

Well after Boosh, the economy is much better..

Really?

. "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 nation’s 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

And just where is the GOP Congress? On vacation?

 

[PoliticalChic]

And you don't imagine that America will have to live with your horrendous decision
to move this incompetent ingrate into the White House?

National debt of the United States:
US: $19,230,634,229,070 - Debt as of June 2016


That's one of the character flaws of you Liberals....failure to take responsibility for your mistakes.

Our economy is the strongest in the world so is our dollar

Thanks President Obama

Pop quiz!

Who is the only United States President in the last nearly 90 years.....close to your age,huh?....

....who has never.........never.....been able to achieve a 3% or better real economic growth for his nation????




But...has this record:
National debt of the United States:
US: $19,230,634,229,070 - Debt as of June 2016

Irrelevant statistic that ignores eight years of steady growth and the U.S. Being the leading economy in the world

Aha!


So you recognize the culprit behind the abysmal economic statistics here...

1. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire



And here....

2. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike



And here....

3. "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 nation’s 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




BTW.....you didn't vote for this dud......

.....did you?

Reagan was riding the tech boom era, not so much of any boom now days...

Are you really this stupid???

Harding solved the Depression that FDR caused in a year and a half by cutting government spending and lowering taxes.


Reagan lowered taxes and unleashed business and caused a 25 year boom, increasing the economy ten fold.


Then there's this:
"But he did identify what he called “tactical lessons.” He let himself look too much like “the same old tax-and-spend liberal Democrat.” http://www.nytimes.com/2010/10/17/magazine/17obama-t.html

 

[PoliticalChic]

Our economy is the strongest in the world so is our dollar

Thanks President Obama

And isn't that what really matters?

No.

Not when you recognize what it could have been with a competent President, and a pro-America party in charge.


Try the quiz in post #76.

Well after Boosh, the economy is much better..

Really?

. "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 nation’s 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

And just where is the GOP Congress? On vacation?

Ohhhhh.......so you no longer want to defend the dolt in the White House?

Excellent move.

 

[Moonglow]

And isn't that what really matters?

No.

Not when you recognize what it could have been with a competent President, and a pro-America party in charge.


Try the quiz in post #76.

Well after Boosh, the economy is much better..

Really?

. "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 nation’s 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

And just where is the GOP Congress? On vacation?

Ohhhhh.......so you no longer want to defend the dolt in the White House?

Excellent move.

Our economy is the strongest in the world so is our dollar

Thanks President Obama

Pop quiz!

Who is the only United States President in the last nearly 90 years.....close to your age,huh?....

....who has never.........never.....been able to achieve a 3% or better real economic growth for his nation????




But...has this record:
National debt of the United States:
US: $19,230,634,229,070 - Debt as of June 2016

Irrelevant statistic that ignores eight years of steady growth and the U.S. Being the leading economy in the world

Aha!


So you recognize the culprit behind the abysmal economic statistics here...

1. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire



And here....

2. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike



And here....

3. "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 nation’s 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




BTW.....you didn't vote for this dud......

.....did you?

Reagan was riding the tech boom era, not so much of any boom now days...

Are you really this stupid???

Harding solved the Depression that FDR caused in a year and a half by cutting government spending and lowering taxes.


Reagan lowered taxes and unleashed business and caused a 25 year boom, increasing the economy ten fold.


Then there's this:
"But he did identify what he called “tactical lessons.” He let himself look too much like “the same old tax-and-spend liberal Democrat.” http://www.nytimes.com/2010/10/17/magazine/17obama-t.html

What happened to Hoover, he was president for 3 years during the Great Depression, oh that's right, you don't try to defend those GOP members, it's all FDR's fault for the Great Depression.....Ahem,,yeah all FDR's...

 

[kaz]

yeah, sure. the brits voted for trump. stupid americans, always thinking everything is about their bullshit.

It's funny how whenever it's negative, that's exactly what you leftist idiots think

 

[PoliticalChic]

No.

Not when you recognize what it could have been with a competent President, and a pro-America party in charge.


Try the quiz in post #76.

Well after Boosh, the economy is much better..

Really?

. "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 nation’s 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

And just where is the GOP Congress? On vacation?

Ohhhhh.......so you no longer want to defend the dolt in the White House?

Excellent move.

Pop quiz!

Who is the only United States President in the last nearly 90 years.....close to your age,huh?....

....who has never.........never.....been able to achieve a 3% or better real economic growth for his nation????




But...has this record:
National debt of the United States:
US: $19,230,634,229,070 - Debt as of June 2016

Irrelevant statistic that ignores eight years of steady growth and the U.S. Being the leading economy in the world

Aha!


So you recognize the culprit behind the abysmal economic statistics here...

1. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire



And here....

2. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike



And here....

3. "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 nation’s 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




BTW.....you didn't vote for this dud......

.....did you?

Reagan was riding the tech boom era, not so much of any boom now days...

Are you really this stupid???

Harding solved the Depression that FDR caused in a year and a half by cutting government spending and lowering taxes.


Reagan lowered taxes and unleashed business and caused a 25 year boom, increasing the economy ten fold.


Then there's this:
"But he did identify what he called “tactical lessons.” He let himself look too much like “the same old tax-and-spend liberal Democrat.” http://www.nytimes.com/2010/10/17/magazine/17obama-t.html

What happened to Hoover, he was president for 3 years during the Great Depression, oh that's right, you don't try to defend those GOP members, it's all FDR's fault for the Great Depression.....Ahem,,yeah all FDR's...

Plleeeeezzzzz.....
Pick a book that doesn't involve crayons for once in your life.


1. FDR ran on a platform of reversing what Hoover did.....then he doubled down.


Do I have to teach you everything??????


2. The basis of FDR's 1932 campaign to win the presidency from Herbert Hoover was his emphatic promise to the suffering American people, that he would balance the budget. Of course, he also promised that he would use the government to create jobs, and that they "had a right to a comfortable living."

FDR’s Commonwealth Club Address

3.The part about balancing the budget had a certain resonance as President Harding had veered sharply away from federal spending and solved as big a recession in about one year. Certainly Franklin Roosevelt knew this, as he hammered away at Hoover's spending. October 19, 1932, he nailed Hoover, observing that in recent years federal expenses had increased by $1 billion "and that I may add, is the most reckless and extravagant past that I have been able to discover in the statistical record of any peacetime Government anywhere, any time." Franklin D. Roosevelt: Campaign Address on the Federal Budget at Pittsburgh, Pennsylvania

a. Roosevelt went further! The cause: "It arises from one cause only and that is the unbalanced budget at he continued failure of this administration to take effective steps to balance it! If that budget had been fully and honestly balanced in 1930, some of the 1931 troubles would have been avoided. Even if it had been balanced in 1931, much of the extreme dip in 1932 would have been obviated. Every financial man in the country knows why this is true." Franklin D. Roosevelt: Campaign Address on the Federal Budget at Pittsburgh, Pennsylvania

b. And this: "... carrying out the plain precept of our Party, which is to reduce the cost of current Federal Government operations by 25 percent." Ibid.


Can we let that sink in? Franklin Delano Roosevelt...budget wonk....balance the budget....stop the deficits....do what Republican Harding did!!!

I think I have the vapors!


What a good fiscal conservative this guy would have been!!

Then he was elected....a fatal development.



Know what 'mendacity' means?

Take a moment....look it up.

 

[kaz]

No.

Not when you recognize what it could have been with a competent President, and a pro-America party in charge.


Try the quiz in post #76.

Well after Boosh, the economy is much better..

Really?

. "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 nation’s 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

And just where is the GOP Congress? On vacation?

Ohhhhh.......so you no longer want to defend the dolt in the White House?

Excellent move.

Pop quiz!

Who is the only United States President in the last nearly 90 years.....close to your age,huh?....

....who has never.........never.....been able to achieve a 3% or better real economic growth for his nation????




But...has this record:
National debt of the United States:
US: $19,230,634,229,070 - Debt as of June 2016

Irrelevant statistic that ignores eight years of steady growth and the U.S. Being the leading economy in the world

Aha!


So you recognize the culprit behind the abysmal economic statistics here...

1. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire



And here....

2. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike



And here....

3. "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 nation’s 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




BTW.....you didn't vote for this dud......

.....did you?

Reagan was riding the tech boom era, not so much of any boom now days...

Are you really this stupid???

Harding solved the Depression that FDR caused in a year and a half by cutting government spending and lowering taxes.


Reagan lowered taxes and unleashed business and caused a 25 year boom, increasing the economy ten fold.


Then there's this:
"But he did identify what he called “tactical lessons.” He let himself look too much like “the same old tax-and-spend liberal Democrat.” http://www.nytimes.com/2010/10/17/magazine/17obama-t.html

What happened to Hoover, he was president for 3 years during the Great Depression, oh that's right, you don't try to defend those GOP members, it's all FDR's fault for the Great Depression.....Ahem,,yeah all FDR's...

FDR obviously didn't create the depression, but he greatly deepened and lengthened it.

Funny how you never jump in and say W didn't case the recession that started six months before he became President though ...

 

[Agit8r]

In a nutshell.....


a. "WOW! Obama THREATENS Great Britain with Trade Penalties if They Exit EU"
WOW! Obama THREATENS Great Britain with Trade Penalties if They Exit EU (VIDEO)


b. "Results
UK votes to LEAVE the EU
EU Referendum results, counting complete
Leave
Vote share
51.9%
VOTES17,410,742 VOTES"
EU Referendum Results - BBC News





"Brexit: Britain Votes with Trump, against Hillary, Obama"
Brexit: Britain Votes for Trump over Hillary, Obama

And how has that worked out for them?

Just shows that the far-right loonies have no clue about economic reality. No surprise since the amygdala has no capacity to understand it.

 

[Moonglow]

Why did the GOP do nothing to stop the Great Depression? You can never seem to answer that, since all GOP presidents are heroes in your book?
Why did the mass populace not vote for Hoover but did FDR?
Was it because they thought the GOP let them down and did not try hard enough? Or did they live in denial like you do?

 

[kaz]

In a nutshell.....


a. "WOW! Obama THREATENS Great Britain with Trade Penalties if They Exit EU"
WOW! Obama THREATENS Great Britain with Trade Penalties if They Exit EU (VIDEO)


b. "Results
UK votes to LEAVE the EU
EU Referendum results, counting complete
Leave
Vote share
51.9%
VOTES17,410,742 VOTES"
EU Referendum Results - BBC News





"Brexit: Britain Votes with Trump, against Hillary, Obama"
Brexit: Britain Votes for Trump over Hillary, Obama

And how has that worked out for them?

Just shows that the far-right loonies have no clue about economic reality. No surprise since the amygdala has no capacity to understand it.

It always cracks me up when a leftist talks about "reality"

 

[Moonglow]

Well after Boosh, the economy is much better..

Really?

. "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 nation’s 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

And just where is the GOP Congress? On vacation?

Ohhhhh.......so you no longer want to defend the dolt in the White House?

Excellent move.

Irrelevant statistic that ignores eight years of steady growth and the U.S. Being the leading economy in the world

Aha!


So you recognize the culprit behind the abysmal economic statistics here...

1. Obama is the first President never to have had a year of 3% or better economic growth: "... annual growth during Obama’s “recovery” has never topped 3%. By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years." President Obama's Growth Gap Hits $1.31 Trillion

a. "The years since 2007 have been a macroeconomic disaster for the United States of a magnitude unprecedented since the Great Depression." Obama: Always Wrong, Never In Doubt

b. ".... first president since Hoover to never have a single year above 3% GDP growth." Obama economy is 'amazing,' says hedge fund billionaire



And here....

2. "WASHINGTON (Reuters) - The U.S. economy created the fewest number of jobs in more than five years in May as employment in the manufacturing and construction sectors fell sharply, suggesting a deterioration in the labor market ...Nonfarm payrolls increased by only 38,000 jobs last month, the smallest gain since September 2010, the Labor Department said on Friday. Underscoring the report's weakness, employers hired 59,000 fewer workers in March and April than previously reported. While the unemployment rate fell three-tenths of a percentage point to 4.7 percent in May, the lowest since November 2007, that was in part due to people dropping out of the labor force." Weak U.S. employment report dims prospect of Fed rate hike



And here....

3. "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 nation’s 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




BTW.....you didn't vote for this dud......

.....did you?

Reagan was riding the tech boom era, not so much of any boom now days...

Are you really this stupid???

Harding solved the Depression that FDR caused in a year and a half by cutting government spending and lowering taxes.


Reagan lowered taxes and unleashed business and caused a 25 year boom, increasing the economy ten fold.


Then there's this:
"But he did identify what he called “tactical lessons.” He let himself look too much like “the same old tax-and-spend liberal Democrat.” http://www.nytimes.com/2010/10/17/magazine/17obama-t.html

What happened to Hoover, he was president for 3 years during the Great Depression, oh that's right, you don't try to defend those GOP members, it's all FDR's fault for the Great Depression.....Ahem,,yeah all FDR's...

FDR obviously didn't create the depression, but he greatly deepened and lengthened it.

Funny how you never jump in and say W didn't case the recession that started six months before he became President though ...

At least Boosh tried to save some of the economy, Hoover, not so much..

 

[kaz]

Why did the GOP do nothing to stop the Great Depression? You can never seem to answer that, since all GOP presidents are heroes in your book?
Why did the mass populace not vote for Hoover but did FDR?
Was it because they thought the GOP let them down and did not try hard enough? Or did they live in denial like you do?

Hoover was clueless and out of touch. Unfortunately by Obama's second term, the American people stopped applying that standard

 

[Moonglow]

In a nutshell.....


a. "WOW! Obama THREATENS Great Britain with Trade Penalties if They Exit EU"
WOW! Obama THREATENS Great Britain with Trade Penalties if They Exit EU (VIDEO)


b. "Results
UK votes to LEAVE the EU
EU Referendum results, counting complete
Leave
Vote share
51.9%
VOTES17,410,742 VOTES"
EU Referendum Results - BBC News





"Brexit: Britain Votes with Trump, against Hillary, Obama"
Brexit: Britain Votes for Trump over Hillary, Obama

And how has that worked out for them?

Just shows that the far-right loonies have no clue about economic reality. No surprise since the amygdala has no capacity to understand it.

It always cracks me up when a leftist talks about "reality"

Yea, we can see the crack in the avi..