What Is This Reference To "Obamanomics" Bullshit?

[Melvin01]

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.

Let's see now...explain just exactly how it is that putting through two tax cuts for the wealthy, starting two unfunded wars, one totally unnecessary and doubling the national debt has something to do with Democrats. I'd like to hear that. Also I'd like for you to throw in an example of Capitalism which justifies handing $870 billion of taxpayer's money to the most powerful banks in the world with no specification as to how it had to be used...........I'll wait on this one with bated breath.

 

[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.

Let's see now...explain just exactly how it is that putting through two tax cuts for the wealthy, starting two unfunded wars, one totally unnecessary and doubling the national debt has something to do with Democrats. I'd like to hear that. Also I'd like for you to throw in an example of Capitalism which justifies handing $870 billion of taxpayer's money to the most powerful banks in the world with no specification as to how it had to be used...........I'll wait on this one with bated breath.

Well the tax cuts wasn't just for the rich, everyone got a tax break, evan people who didn't pay taxes got more back on the earned income credit. we liberated a country, and fought the taliban. The bailouts I was totally against them, I think bush made a horrible decision on that. Obama has outspent all presidents combined. Explain that.

 

[Melvin01]

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.

Let's see now...explain just exactly how it is that putting through two tax cuts for the wealthy, starting two unfunded wars, one totally unnecessary and doubling the national debt has something to do with Democrats. I'd like to hear that. Also I'd like for you to throw in an example of Capitalism which justifies handing $870 billion of taxpayer's money to the most powerful banks in the world with no specification as to how it had to be used...........I'll wait on this one with bated breath.

Well the tax cuts wasn't just for the rich, everyone got a tax break, evan people who didn't pay taxes got more back on the earned income credit. we liberated a country, and fought the taliban. The bailouts I was totally against them, I think bush made a horrible decision on that. Obama has outspent all presidents combined. Explain that.

Clinton left surpluses with a plan laid down to completely pay off the national debt by 2012. The first thing Bush did was cut taxes "TWICE" using reconciliation to block Democrat opposition continue to spend more and double the national debt.

As far as the poor man's share of that insanity......a millionaire saved enough to buy a Mercedes and average Joe saved enough to buy a muffler for it.

Trickle down only worked if you count the warm urine running down a working man's back.

The good news......keep this shit up. You'll never win another presidential election.

 

[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?

What ..it did
We put them in there to stop all the unnecessary spending, and they've done a good job at it. The only reason we went into a recession in 2008 is because the Dems took over Congress the beginning of 2007....they had 2 years to either fix things or screw it all up royally. I'll let you guess how that went

 

[jknowgood]

Everyone got the same percentage cut. The rich make more, so of course they brought home more. Tell me why don't you care about people getting way more back than they pay in? most get food stamps, free healthcare, and other goverment handouts

 

[KevinWestern]

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!

Sure, Obama got handed a mess (and I don't blame him for a lot of the debt), however I'm less than thrilled by the way he handled that mess.

First and foremost, when a child misbehaves and causes something very bad to happen what is the appropriate parental response?

Obama was the parent and seemed to completely let the banking industry off the hook for causing one of the greatest financial collapses in modern history. A total of ZERO high ranking Wall Street officials to date under his DOJ (despite the fact it was widespread fraud that created the bubble and caused the collapse). To top it off, Obama is still continuing to reward the banks by continuing a never-ending bailout (quantitative easing by the Fed).

So when you don't punish a child (and actually reward them for misbehaving), is there a good chance he/she is going to do it again?

The man said he would "get tough" in his 2008 "change" speech, but at the end of the day turned out to be just another run-of-the mill politician well connected with Wall Street and less connected with Main Street.

What a shame...

 

[Melvin01]

Everyone got the same percentage cut. The rich make more, so of course they brought home more. Tell me why don't you care about people getting way more back than they pay in? most get food stamps, free healthcare, and other goverment handouts

Sure They Do. You right wing assholes had better get your shit together:

Total U S Debt


09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32

09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

09/30/1981 $997,855,000,000.00

 

[Stephanie]

oh boy, does Campell have a sock^^^^^^^^^^

 

[thereisnospoon]

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!

Blaming Bush is not longer accepted. Move on.
This is Obama's watch. Period.
You own it.

 

[Darkwind]

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!

Outside of the inherent lies and partisan bull squeeze of your post, this whining is getting rather embarrassing on the lefts part.

Your boy wanted the job. It was NOT thrust upon him out of the blue.

Your boy said he had answers to get America back on track. His economic policies have failed, and that is why it is called obamanomics.

We were NOT bleeding 750k per month when he took office. We had two months of that kind of loss, and then it evened out. No thanks to Obama.

It was NOT the President that caused the economic disaster, but the following of an ideology by both Republicans and Democrats that bigger government is better. It was both, and the fucking moronic thinking that meddling government can make anything better.

We are still bleeding American blood in those wars, but you and your lying partisan hacks have chosen to turn down the volume on deaths. And all because it is your boy that is in office now.

Spare Me.

If I take a broken car to a mechanic and he says he wants the job to fix it and that it will be fixed in a year, I don't praise the muther fucker for getting the car back to Me 8 years later.

 

[thereisnospoon]

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:

You have a problem with wealthy people?

 

[chikenwing]

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.

Let's see now...explain just exactly how it is that putting through two tax cuts for the wealthy, starting two unfunded wars, one totally unnecessary and doubling the national debt has something to do with Democrats. I'd like to hear that. Also I'd like for you to throw in an example of Capitalism which justifies handing $870 billion of taxpayer's money to the most powerful banks in the world with no specification as to how it had to be used...........I'll wait on this one with bated breath.

There was not one Dem in the house or the senate during all that time right??

Just wonding which tax bracket received the largest reduction in rate,which one was it??


Got a clue or just want to continue with the same old talking points??

 

[Darkwind]

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.

Let's see now...explain just exactly how it is that putting through two tax cuts for the wealthy, starting two unfunded wars, one totally unnecessary and doubling the national debt has something to do with Democrats. I'd like to hear that. Also I'd like for you to throw in an example of Capitalism which justifies handing $870 billion of taxpayer's money to the most powerful banks in the world with no specification as to how it had to be used...........I'll wait on this one with bated breath.

There was not one Dem in the house or the senate during all that time right??

Just wonding which tax bracket received the largest reduction in rate,which one was it??


Got a clue or just want to continue with the same old talking points??

In fact, they were controlled by the Democrats from 2006....

 

[Melvin01]

oh boy, does Campell have a sock^^^^^^^^^^

If they keep it up they will never....NEVER win a presidential election again. That's a no brainer.

 

[Stephanie]

oh boy, does Campell have a sock^^^^^^^^^^

If they keep it up they will never....NEVER win a presidential election again. That's a no brainer.

LOl, Obama barely wins re election with the people 48% to 50, and all of a sudden the Republicans will NEVER they say, NEVER win a Presidential election again..after we just had a Republican president only FOUR YEAR AGO

man you people live in some la la land

 

[chikenwing]

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:

Interesting time line,just about the same time we stopped raising our childeren to fend for themselves.You see the results,generational welfare families are not going to be large earners now are they?? Don't worry about the score ,we don't keep score anymore,its not fair. everyone wins isn't real life. The top earners have ignored such foolishness.

 

[Melvin01]

oh boy, does Campell have a sock^^^^^^^^^^

If they keep it up they will never....NEVER win a presidential election again. That's a no brainer.

LOl, Obama barely wins re election with the people 48% to 50, and all of a sudden the Republicans will NEVER they say, NEVER win a Presidential election again..after we just had a Republican president only FOUR YEAR AGO

man you people live in some la la land

You folks are in denial. Hold that line....we've gotten the most popular votes in five of the last six presidential elections. That started 20 years ago. Romney only won two demographics....White men and folks over 65......and by the way:

OBAMA....332
ROMNEY..206