What Is This Reference To "Obamanomics" Bullshit?

[Melvin01]

The president inheirited the second worse mess in the history of our country. Interest payments on the existing debt of nearly half a trillion dollars a year, employment falling by 750,000 jobs a month, a stock market with a DOW around 8,000, a crushed mortgage and home building industry, two blazing wars where young Americans were losing their lives or being severely wounded every day, a continuing Al Queda Jihad, etc. It took Roosevelt eight years and a world war to straighten out the other Republican mess in the 30's....give us a break!

 

[Mr. Shaman]

The president inheirited the second worse mess in the history of our country. Interest payments on the existing debt of nearly half a trillion dollars a year, employment falling by 750,000 jobs a month, a stock market with a DOW around 8,000, a crushed mortgage and home building industry, two blazing wars where young Americans were losing their lives or being severely wounded every day, a continuing Al Queda Jihad, etc. It took Roosevelt eight years and a world war to straighten out the other Republican mess in the 30's....give us a break!

....And, Republicans are SERIOUS about....

....considering ANOTHER Bu$h??!!!!

 

[Melvin01]

The president inheirited the second worse mess in the history of our country. Interest payments on the existing debt of nearly half a trillion dollars a year, employment falling by 750,000 jobs a month, a stock market with a DOW around 8,000, a crushed mortgage and home building industry, two blazing wars where young Americans were losing their lives or being severely wounded every day, a continuing Al Queda Jihad, etc. It took Roosevelt eight years and a world war to straighten out the other Republican mess in the 30's....give us a break!

....And, Republicans are SERIOUS about....

....considering ANOTHER Bu$h??!!!!

You know something.......if they actually consider running him they will have finally proven that they have no relationship or empathy for anyone in the world except their own clique....and they will lose again.

 

[tinydancer]

Stop your whining and tell your fool of a President to get his partying /never ever stop campaigning/ golfing/ fundraising/ vacationing ass back into the Oval Office and go to work and at least try to live up to his pledge.

It doesn't matter how many excuses silly liberal posters make. He wanted the job. Obama campaigned and won the job.

And he knew what he was getting into. No excuses. Obama was either lying or lying or both when he made that pledge.

Obama’s Broken Deficit Promise


Jake Tapper

By Jake Tapper

Feb 13, 2012 12:49pm
ap barack obama troops iraq ll 111021 wblog Obamas Broken Deficit Promise



“This is big,” wrote White House director of new media Macon Phillips in a February 23, 2009 blog post, ”the President today promised that by the end of his first term, he will cut in half the massive federal deficit we’ve inherited. And we’ll do it in a new way: honestly and candidly.”

Indeed, President Obama did make that promise that day, saying, “today I’m pledging to cut the deficit we inherited in half by the end of my first term in office.

This will not be easy. It will require us to make difficult decisions and face challenges we’ve long neglected. But I refuse to leave our children with a debt that they cannot repay — and that means taking responsibility right now, in this administration, for getting our spending under control.”

The 2013 budget the president submitted today does not come close to meeting this promise of being reduced to $650 billion for fiscal year 2013.

The president noted in that 2009 speech the Obama administration inherited a $1.3 trillion deficit.

The deficit was similarly $1.3 trillion in 2011, is projected to be $1.15 trillion in 2012, and the president’s budget claims it will be $901 billion in 2013.

This is hysterical. The man lies every time he opens his mouth.

and that means taking responsibility right now, in this administration, for getting our spending under control

Too freaking funny.

Obama?s Broken Deficit Promise - ABC News

 

[Mad Scientist]

The President isn't in charge of Jack Sh*t! Bush OR Obama.

The Bankers and the Federal Reserve are the real Owners and Controllers of this "Nation". (I call it a Banker Zone)

 

[DiamondDave]

The president inheirited the second worse mess in the history of our country. Interest payments on the existing debt of nearly half a trillion dollars a year, employment falling by 750,000 jobs a month, a stock market with a DOW around 8,000, a crushed mortgage and home building industry, two blazing wars where young Americans were losing their lives or being severely wounded every day, a continuing Al Queda Jihad, etc. It took Roosevelt eight years and a world war to straighten out the other Republican mess in the 30's....give us a break!

1) Obamalama inherited a bad deficit and made it worse
2) Please show me what specifically Obama did to make the dow go higher
3) Please show me where workforce participation has gotten better
4) Roosevelt hurt things more than he helped, and it was only the war that helped bring our situation around
5) Please show specifically what Obamalama did to improve the housing market

 

[Lonestar_logic]

The president inheirited the second worse mess in the history of our country. Interest payments on the existing debt of nearly half a trillion dollars a year, employment falling by 750,000 jobs a month, a stock market with a DOW around 8,000, a crushed mortgage and home building industry, two blazing wars where young Americans were losing their lives or being severely wounded every day, a continuing Al Queda Jihad, etc. It took Roosevelt eight years and a world war to straighten out the other Republican mess in the 30's....give us a break!

Recessions and the presidents who inherited them

 

[Stephanie]

Poor poor obama, he wanted the job and now for the last four years all we hear from his cult members and himself is how NOTHING is our fault

what a leader

 

[TNHarley]

^^ that
Leaders take responsibility

 

[lynn63]

Obama had no intention of reducing the deficit when he has spent over a trillion over the average of what they normally overspend on in previous years from 2009 -2012. He has no intention of reducing the dept of defense budget, its increasing in costs.

He has no intention of regulating insurance companies from rate hiking increases that makes healthcare unaffordable. In 2014 he is increasing Medicaid spending for 56 billion. Taxes are going to go up for us in 2016 or sooner. He is spending 35 billion for high risk health indviduals.

He is putting this country on a unsustainable path in total destruction. Manufacturing is leaving this country because of all the new taxes and regulations placed on them. He is creating an atmosphere where employers do not want to hire, reduce their hours or worst close their business.

The list goes on and on with what Obama is doing to this country. Nobody is listening to the public.

 

[Stephanie]

Obama knows his base well and as we see he uses them as useful idiots to spead his bs around..

we are doomed

 

[ba1614]

"..we now have over 9 trillion dollars of debt that we are going to have to pay back -- $30,000 for every man, woman and child. That's irresponsible. It's unpatriotic!”.

Who said that?

 

[Stephanie]

"..we now have over 9 trillion dollars of debt that we are going to have to pay back -- $30,000 for every man, woman and child. That's irresponsible. It's unpatriotic!”.

Who said that?

They want to ignore that

 

[healthmyths]

The president inheirited the second worse mess in the history of our country. Interest payments on the existing debt of nearly half a trillion dollars a year, employment falling by 750,000 jobs a month, a stock market with a DOW around 8,000, a crushed mortgage and home building industry, two blazing wars where young Americans were losing their lives or being severely wounded every day, a continuing Al Queda Jihad, etc. It took Roosevelt eight years and a world war to straighten out the other Republican mess in the 30's....give us a break!

YES everything you said is true!
What caused those events though?
Did a recession start in 2000 under Clinton? YES and officially started just 6 weeks after Bush took office. A RECESSION doesn't start the day it is declared a "recession" But it took months under Clinton to officially begin March 2001.

Did Bush in response to the recession ask Congress to pass tax cuts? YES. When did the Federal revenue see the affect of lower taxes? NEVER!

Did the following events .. gigantic.. earth shaking events occur and WERE ANY the cause of Bush???

1) Dot.com bust cost $5 trillion in lost market value.. this means every year for 30 years now starting in 2000 the federal revenue is over $66 billion written off against taxes owed.
How many people LOST jobs due to the bust??
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $5 trillion dollars in market value for tech companies. More than half of the Internet companies created since 1995 were gone by 2004 -
and hundreds of thousands of skilled technology workers were out of jobs.
The dot-com bubble: How to lose $5 trillion ? Anderson Cooper 360 - CNN.com Blogs

2) Did YOU forget that 9/11 occurred and it cost $2 trillion over the next 30 years again $33 billion will NOT BE PAiD.. was that Bush's fault?
Jobs lost in New York owing to the attacks: 146,100 JUST in New York!!
Year 2001: September 11 Terrorist Attacks
The 9/11 terrorist attacks were the events that helped shape other financial events of the decade. After that terrible day in September 2001, our economic climate was never to be the same again. It was only the third time in history that the New York Stock Exchange was shut down for a period of time. In this case, it was closed from September 10 - 17. Besides the tragic human loss of that day, the economic loss cannot even be estimated. Some estimate that there was over $60 billion in insurance losses alone.
Approximately 18,000 small businesses were either displaced or destroyed in Lower Manhattan after the Twin Towers fell. There was a buildup in homeland security on all levels. 9/11 caused a catastrophic financial loss for the U.S.
The Top 10 Financial Events of the Decade

3) $1 trillion in written off losses due to the WORST Hurricane SEASONS in history!
The worst Katrina made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. Andrew slammed into South Florida in 1992 as a Category 5. It caused 40 deaths and $30 billion in property damage. More than 250,000 people were left homeless and 82,000 businesses were destroyed or damaged.
Hurricane Katrina ALONE! Year 2005: Hurricanes Katrina and Rita
On August 25, 2005, Hurricane Katrina hit the Gulf Coast of the U.S. as a strong Category 3 or low Category 4 storm. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.

Hurricane Rita quickly followed Katrina only to make matters worse. Between the two, more than $200 billion in damage was done. 400,000 jobs were lost and 275,000 homes were destroyed. Many of the jobs and homes were never to be recovered. Hundreds of thousands of people were displaced and over 1,000 were killed and more are missing. The effect on oil and gasoline prices was long-lasting.

400,000 jobs due to Hurricanes Katrina/Rita
145,000 jobs in NYC alone due to 9/11
300,000 jobs lost due to dot.com busts.

Almost 1 million jobs alone from those 3 events

4) Economic terrorist attack 9/18/2008 or how the world almost came to the end at 2pm on 9/18/2008!!!
Evidently the MAJORITY IF IDIOTS like YOU ,NEVER knew how close to entire collapse the ENTIRE world's economy was on 9/18/2008 when an economic terrorist attack occurred-- lead in part by George Soros!!!

On Thursday (Sept 18), at 11am the Federal Reserve noticed a tremendous draw-down of money market accounts in the U.S., to the tune of $550 billion was being drawn out in the matter of an hour or two. The Treasury ...estimation is that by 2pm that afternoon, $5.5 trillion would have been drawn out of the money market system of the U.S., would have collapsed the entire economy of the U.S., and within 24 hours the world economy would have collapsed. It would have been the end of our economic system and our political system as we know it.
Zero Hedge: How The World Almost Came To An End At 2PM On September 18

Again all this happened and at the same time the MSM was bashing Bush DAILY!

Well, our job is to bash the president, that's what we do." --
Evan Thomas responding to a question on whether the media's unfair to Bush on the TV talk show Inside Washington,
February 2, 2007.Newsweek's Evan Thomas: 'Our Job Is To Bash the President' | NewsBusters

SO if you consider yourself HONEST how can you ignore the FACT that $8 trillion in losses are being written off against tax payments?
If you are honest how can you ignore that near 1 million jobs were lost DUE to those events?

But being totally blind and ignorant to facts THAT never have been widely share because again the biased MSM totally bashes Bush regardless of the FACTS!
-------------------
When Bush started 131,785,000 people employed.
At the end of 2008 136,790,000 people employed or

5,000,000 more then when he took office!

When Bush took office in 2001 GDP was $12.355,271,000,000
when Bush left office in 2008 GDP was $14,359,490,000,000
---------------------------------------------------------------------
A 16% increase in GDP or $2 TRILLION !

ALL of the above GAINS in GDP and people employed IN SPITE of the 4 major world changing events AND the BASHING by the BIASED MSM!
These are truths that CAN NOT BE REFUTED!!

 

[Melvin01]

The president inheirited the second worse mess in the history of our country. Interest payments on the existing debt of nearly half a trillion dollars a year, employment falling by 750,000 jobs a month, a stock market with a DOW around 8,000, a crushed mortgage and home building industry, two blazing wars where young Americans were losing their lives or being severely wounded every day, a continuing Al Queda Jihad, etc. It took Roosevelt eight years and a world war to straighten out the other Republican mess in the 30's....give us a break!

YES everything you said is true!
What caused those events though?
Did a recession start in 2000 under Clinton? YES and officially started just 6 weeks after Bush took office. A RECESSION doesn't start the day it is declared a "recession" But it took months under Clinton to officially begin March 2001.

Did Bush in response to the recession ask Congress to pass tax cuts? YES. When did the Federal revenue see the affect of lower taxes? NEVER!

Did the following events .. gigantic.. earth shaking events occur and WERE ANY the cause of Bush???

1) Dot.com bust cost $5 trillion in lost market value.. this means every year for 30 years now starting in 2000 the federal revenue is over $66 billion written off against taxes owed.
How many people LOST jobs due to the bust??
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $5 trillion dollars in market value for tech companies. More than half of the Internet companies created since 1995 were gone by 2004 -
and hundreds of thousands of skilled technology workers were out of jobs.
The dot-com bubble: How to lose $5 trillion ? Anderson Cooper 360 - CNN.com Blogs

2) Did YOU forget that 9/11 occurred and it cost $2 trillion over the next 30 years again $33 billion will NOT BE PAiD.. was that Bush's fault?
Jobs lost in New York owing to the attacks: 146,100 JUST in New York!!
Year 2001: September 11 Terrorist Attacks
The 9/11 terrorist attacks were the events that helped shape other financial events of the decade. After that terrible day in September 2001, our economic climate was never to be the same again. It was only the third time in history that the New York Stock Exchange was shut down for a period of time. In this case, it was closed from September 10 - 17. Besides the tragic human loss of that day, the economic loss cannot even be estimated. Some estimate that there was over $60 billion in insurance losses alone.
Approximately 18,000 small businesses were either displaced or destroyed in Lower Manhattan after the Twin Towers fell. There was a buildup in homeland security on all levels. 9/11 caused a catastrophic financial loss for the U.S.
The Top 10 Financial Events of the Decade

3) $1 trillion in written off losses due to the WORST Hurricane SEASONS in history!
The worst Katrina made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. Andrew slammed into South Florida in 1992 as a Category 5. It caused 40 deaths and $30 billion in property damage. More than 250,000 people were left homeless and 82,000 businesses were destroyed or damaged.
Hurricane Katrina ALONE! Year 2005: Hurricanes Katrina and Rita
On August 25, 2005, Hurricane Katrina hit the Gulf Coast of the U.S. as a strong Category 3 or low Category 4 storm. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.

Hurricane Rita quickly followed Katrina only to make matters worse. Between the two, more than $200 billion in damage was done. 400,000 jobs were lost and 275,000 homes were destroyed. Many of the jobs and homes were never to be recovered. Hundreds of thousands of people were displaced and over 1,000 were killed and more are missing. The effect on oil and gasoline prices was long-lasting.

400,000 jobs due to Hurricanes Katrina/Rita
145,000 jobs in NYC alone due to 9/11
300,000 jobs lost due to dot.com busts.

Almost 1 million jobs alone from those 3 events

4) Economic terrorist attack 9/18/2008 or how the world almost came to the end at 2pm on 9/18/2008!!!
Evidently the MAJORITY IF IDIOTS like YOU ,NEVER knew how close to entire collapse the ENTIRE world's economy was on 9/18/2008 when an economic terrorist attack occurred-- lead in part by George Soros!!!

On Thursday (Sept 18), at 11am the Federal Reserve noticed a tremendous draw-down of money market accounts in the U.S., to the tune of $550 billion was being drawn out in the matter of an hour or two. The Treasury ...estimation is that by 2pm that afternoon, $5.5 trillion would have been drawn out of the money market system of the U.S., would have collapsed the entire economy of the U.S., and within 24 hours the world economy would have collapsed. It would have been the end of our economic system and our political system as we know it.
Zero Hedge: How The World Almost Came To An End At 2PM On September 18

Again all this happened and at the same time the MSM was bashing Bush DAILY!

Well, our job is to bash the president, that's what we do." --
Evan Thomas responding to a question on whether the media's unfair to Bush on the TV talk show Inside Washington,
February 2, 2007.Newsweek's Evan Thomas: 'Our Job Is To Bash the President' | NewsBusters

SO if you consider yourself HONEST how can you ignore the FACT that $8 trillion in losses are being written off against tax payments?
If you are honest how can you ignore that near 1 million jobs were lost DUE to those events?

But being totally blind and ignorant to facts THAT never have been widely share because again the biased MSM totally bashes Bush regardless of the FACTS!
-------------------
When Bush started 131,785,000 people employed.
At the end of 2008 136,790,000 people employed or

5,000,000 more then when he took office!

When Bush took office in 2001 GDP was $12.355,271,000,000
when Bush left office in 2008 GDP was $14,359,490,000,000
---------------------------------------------------------------------
A 16% increase in GDP or $2 TRILLION !

ALL of the above GAINS in GDP and people employed IN SPITE of the 4 major world changing events AND the BASHING by the BIASED MSM!
These are truths that CAN NOT BE REFUTED!!

If you think five million new jobs in two terms is anything you don't know shit. Bill Clinton's two terms created 22,000,000 and left a budget surplus. Bush left nearly six trillion dollars of new debt. The rich made out like bandits though:

 

[jknowgood]

yes obama got handed a mess, but it was brought about by democrat polocies. Lets see what obama has focused on. He supposidly is giving everyone healthcare, free birthcontrol and gay marrige. He blames republicans, but had two years controling goverment, all he focused on was social issues. He did have a tropical storm go through the new york area, and still to this day people are suffering because of it. Yeah obama will go down as the worst president.

 

[tinydancer]

SNIP:

If you think five million new jobs in two terms is anything you don't know shit. Bill Clinton's two terms created 22,000,000 and left a budget surplus. Bush left nearly six trillion dollars of new debt. The rich made out like bandits though:

Did you guys re-elect Obama so you could continue to be pussies, keep whining and keep blaming Bush?



Seems so. Tell your loser of a President to man up and do his job and stop bitching like you are.

Stop being panty waists.

He promised to cut the deficit. His promise. Obama wanted this job.

Stop whining.

 

[auditor0007]

The president inheirited the second worse mess in the history of our country. Interest payments on the existing debt of nearly half a trillion dollars a year, employment falling by 750,000 jobs a month, a stock market with a DOW around 8,000, a crushed mortgage and home building industry, two blazing wars where young Americans were losing their lives or being severely wounded every day, a continuing Al Queda Jihad, etc. It took Roosevelt eight years and a world war to straighten out the other Republican mess in the 30's....give us a break!

1) Obamalama inherited a bad deficit and made it worse
2) Please show me what specifically Obama did to make the dow go higher
3) Please show me where workforce participation has gotten better
4) Roosevelt hurt things more than he helped, and it was only the war that helped bring our situation around
5) Please show specifically what Obamalama did to improve the housing market

Every time someone says that Roosevelt made the Depression worse, I ask where is the proof of this? Please show me how everything would have been much better had he done none of the things he did. Just saying it and making assumptions does not make it true. It is very likely that had he done nothing, things would have been much worse. Of course, that cannot be proven either. Such statements are nothing than pure speculation.

 

[Caroljo]

The president inheirited the second worse mess in the history of our country. Interest payments on the existing debt of nearly half a trillion dollars a year, employment falling by 750,000 jobs a month, a stock market with a DOW around 8,000, a crushed mortgage and home building industry, two blazing wars where young Americans were losing their lives or being severely wounded every day, a continuing Al Queda Jihad, etc. It took Roosevelt eight years and a world war to straighten out the other Republican mess in the 30's....give us a break!

And we still have most of these problems.....
It only started getting better after the republicans controlled congress in 2010.

AND....Didn't Obama say if he didn't cut the deficit in half by the end of his 1st term he would step down???? He lied about that too huh?

 

[TNHarley]

The president inheirited the second worse mess in the history of our country. Interest payments on the existing debt of nearly half a trillion dollars a year, employment falling by 750,000 jobs a month, a stock market with a DOW around 8,000, a crushed mortgage and home building industry, two blazing wars where young Americans were losing their lives or being severely wounded every day, a continuing Al Queda Jihad, etc. It took Roosevelt eight years and a world war to straighten out the other Republican mess in the 30's....give us a break!

And we still have most of these problems.....
It only started getting better after the republicans controlled congress in 2010.

AND....Didn't Obama say if he didn't cut the deficit in half by the end of his 1st term he would step down???? He lied about that too huh?