Uncensored2008
Libertarian Radical
- Feb 8, 2011
- 110,434
- 39,503
Yes, we agree, 8 years of Dubya/GOP "job creator" policies SUCKED Cupcake
But instead of being fiscally responsible Dubya GUTTED revenues 25% WHILE blowing up spending 20% with 2 UNFUNDED Tax cuts, 2 UNFUNDED wars, UNFUNDED Medicare expansion and cheering on the Bankster subprime bubble cupcake
OCTOBER 17, 2008
...Notice that in both 2001 and 2002, the US economy continued to grow on an annual basis (the "technical" recession was just a few quarters). Their work suggests that this growth was entirely due to MEWs. In fact, MEWs contributed over 3% to GDP growth in 2004 and 2005, and 2% in 2006. Without US homeowners using their homes as an ATM, the economy would have been very sluggish indeed, averaging much less than 1% for the six years of the Bush presidency. Indeed, as a side observation, without home equity withdrawals the economy would have been so bad it would have been almost impossible for Bush to have won a second term.
The Economic Blue Screen of Death
AND absolutely NO national cataclysmic EVENTS like THESE!
Of course the Idiot Obama made the worst GDP growth in modern history with NOTHING to hold him back except his stupid comments.
View attachment 129892
And so Obama HAD NO problems to face, economy on rebound and what kind of stupid comments did HE MAKE that discouraged businesses?
- Obama wanted to bankrupt 1,400 companies, that pay $100 billion a year in taxes and unemployed
450,000 people that work for these companies! (Obama told us he favored a "single payer health system"... so what happens to the above?)
- " if somebody wants to build a coal plant, they can – it’s just that it will bankrupt them.”
(Pretty easy way of increasing unemployment.)
- "I prefer higher gas prices". (And Obama signed 40% fewer Federal oil lease exploration then Bush).
- Trump will never tell a foreign country such as "Brazil to develop oil and that the USA will be
their best customer"!
- "Under my plan of a cap and trade system, electricity rates would necessarily skyrocket." (That certainly puts a dent in the pocketbook..._
Obama WANTED unemployment! He wanted businesses to fail!
Sure Cupcake, sure. 8 years of Dubya/GOP "job creator" policies (that Cheeto wants to put on steroids) and ALL you Klowns have are excuses why they failed and left US in the biggest hole since the first GOP great depression
And why Obama dug it twice as deep.
SURE CUPCAKE
Funny....your chart has nothing about the debt.
Here you go.....
And that was just for half his term.
The Nazicrat is blatantly lying anyway. Obama ran the highest peace time deficits in American history.
Only the world wars out paced the Obama spend fest.