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I already explained that much of the red tape is due to government regulations and dicking around with health care. I filed claims and been taken care of. You are a liar and leftist progagandizer, pure and simple.The problem is that they are HIGHLY regulated by government. You left that part out. We can't even shop across state lines for insurance. Plus Medicare, Medicaid, lots of red tape. Lawsuits up the ass due to our litigious society with lawyers more plentiful than rats.Obama will be seen as the worst President in history...his mistakes will follow us into the future and will cause great suffering for the people of the planet......but it I'll be a long time before the truth will be recorded...too many morons are going to write his history right now....
I know this is the conservative wet dream, but it won't happen. Obama will be hailed as a hero for beginning health care reform in America. It isn't just union demands that sent all of those jobs overseas, it's also the cost of employee health care insurance. I'd wager that rapidly health care insurance costs are part of what keeps wages flatlining year in and year out, too.
Your health care industry remains bloated with administration costs three times higher than most industrialized countries. So much for private industry being more cost efficient.
Once Republicans lose Congress and the Senate on Trumps coattails, perhaps the US can join the 21st Century on wage reforms.
It isn't private industry that is messing up our healthcare....it is government intervention in it that is causing the problems....
It's not government that insists on pre-approving treatment, it's the private insurance companies. Many doctors keep extra nurses on staff to deal with insurance company pre-approvals. They also farm out billing to third party companies because it's too time consuming and too complex. Many doctors refuse to deal with insurance companies at all because they are too intrusive in patient/doctor care. Patients pay out of pocket and then fight it out for their insurance companies for reimbursement. Billing and Administration is the largest department in American hospitals.
I live in a country with government funded health care. I have no paper work to complete, no forms to file for my care. I have a health card I present at the doctor's office and at the pharmacy for prescriptions. My only role is to hand my card to the doctor's receptionist or the pharmacist so they can verify that I have coverage. That's it. There are no pre-approvals. Billing is done once a month (single payer so it's only once invoice), by the doctor's receptionist. So while Canadian doctors don't make as much money up front, they don't need additional staff to deal with insurance companies, nor do they need third party billing and collections, and they get to spend more time with patients.
Our health care costs are almost half of what the US spends, and out administration costs are below 10%, while yours are over 30%, based entirely on levels of scrutiny and complex billing practices put in place by private insurance companies.
You paint a rosy picture but I've heard some less than stellar things about your healthcare.
No health care system is perfect but yours is a snake pit for all who use it. Here's a clue, all that paperwork that has to be submitted by claimants and their physicians is an expensive waste of time. More money is spent to prevent waste and fraud than the waste and fraud would cost. The paperwork surrounding your medical system keeps people from making claims, which is as was intended. Give users a photo ID swipe card and have them present it each time they access the system.
Everything about your private insurance plans is designed to make claims difficult to file and difficult to get approved. All that obstruction costs money - money for the physicians, and money for the hospitals, and aggravation for sick people who should be focused on getting well.
If Bush was so great, then why did he hand Obama such a mess. And how many years did Bush have such large majorities in congress he was able to use reconciliation again and again? Take Katrina for instance. Of course the hurricane occurred, but it's what happened AFTER by which Bush is judged. How can you not know that? Revenues are down due to the Bush tax cuts for the rich and because Republicans helped move millions of jobs overseas and close over 40,000 factories.BBBUUUUTTT BOOOOOOOOOOOOOOOSH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Of course they won't admit it. They will just make stupid posts like the one above.
They are however, tacitly admitting it by flocking to Trump.
Too bad NONE of you Bush bashing Idiots DEAL with history which will declare Bush a GREAT President when considering ALL these events
that in the history of the USA have NEVER NEVER occurred in one 8 year period!
Unlike you idiots that can't substantiate your stupid biased ignorant comments,
ALL of the below are LINKS if you aren't too f...king lazy to check out and see the Truth!
Recession
Are you aware that a recession started under Clinton and became official 3/01 ended 11/01?
Because idiots don't seem to comprehend... RECESSIONS are like large ships.. it takes miles to turn one...i.e. so does a "RECESSION"...
it doesn't just start the day NBER states... it is a slow degradation and it started under CLINTON!!!
Source: USATODAY.com - It's official: 2001 recession only lasted eight months
A Major $8 trillion market loss
Are you aware that the dot.com bust occurred and cost $8 trillion in losses?
Again Clinton laid claim BUT someone had to pay and it occurred during Bush's first year!
$8 trillion in market losses MEAN lost tax revenue.
PLUS JOBS!!!!
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $8 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.
Source: The dot-com bubble: How to lose $5 trillion
The worst attacks on the USA in History.. 3,000 deaths!!!
Obviously most of you are UNAWARE 9/11 cost 3,000 lives, $2 trillion in lost businesses,market values assets.
Jobs lost in New York owing to the attacks: 146,100 JUST in New York.
Are you aware this happened???
Now before you idiots say "well Bush should have known"! DUMMIES... ever hear of the Gorelick Memo signed under CLINTON??
Gorelick Memo that created the wall between FBI & CIA thus no knowledge of the 9/11 bombers shared with the FBI!!!
Looks especially imprudent 10 years later.
Because the memo created a barrier for U.S. intelligence agencies to share information with the FBI, one of its unintended consequences may have been to prevent the FBI from receiving the necessary intelligence to stop the Sept. 11, 2001 terrorist attacks, the worst in American history.
Gorelick Memo Allegedly Impeded Probe of Clinton Fundraising Scandal
1995 memo [Clinton presidency-concerned about Chinese election sales] Gorelick wrote, stated explicitly that they would “go beyond what is legally required, [to] prevent any risk of creating an unwarranted appearance that FISA is being used to avoid procedural safeguards which would apply in a criminal investigation.” GORELICK Memo!
Here read what NOT my words but other sources:
Jamie Gorelick’s wall barred anti-terror investigators from accessing the computer of Zacarias Moussaoui, the 20th hijacker, already in custody on an immigration violation shortly before 9/11.
At the time, an enraged FBI investigator wrote a prophetic memo to headquarters about the wall.
Whatever has happened to this — someday someone will die — and wall or not — the public will not understand why we were not more effective in throwing every resource we had at certain problems…..especially since the biggest threat to us UBL [Usama bin Laden], is getting the most protection.
So, a year before the 9/11 attacks, a special unit in the U.S. military was aware of the presence of an al-Queda cell in Brooklyn, New York, and sought to share its information with the FBI but was stopped cold.Why?Because (as described in the April 16, 2004 Washington Times piece) “on March 4, 1995, [Jamie Gorelick, the then number 2 official in the Clinton Justice Department, sent a 4-page directive] to FBI Director Louis Freeh and Mary Jo White, the New York-based U.S. attorney investigating the 1993 World Trade Center bombing.
In the memo, Ms. Gorelick ordered Mr. Freeh and Ms. White to follow information-sharing procedures that ‘go beyond what is legally required,’ in order to avoid ‘any risk of creating an unwarranted appearance’ that the Justice Department was using Foreign Intelligence Surveillance Act (FISA) warrants, instead of ordinary criminal investigative procedures, in an effort to undermine the civil liberties of terrorism suspects.”
Could 9/11 Have Been Prevented? The Gorelick Memo and What We Knew
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. Airlines didn't fly for 3 days!
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.
Source: 10 Events That Rocked the Financial World
Anthrax Attacks...
The 2001 anthrax attacks in the United States, also known as Amerithrax from its Federal Bureau of Investigation (FBI) case name, occurred over the course of several weeks beginning on Tuesday, September 18, 2001, one week after the September 11 attacks. Letters containing anthrax spores were mailed to several news media offices and two DemocraticU.S. Senators, killing five people and infecting 17 others.
$1 trillion in 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. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.
Rank Disaster Year Deaths Damage* $250 Billion in damages in the 8 disasters of the top 15 disasters in history!
1. Hurricane Katrina (LA/MS/AL/FL) 2005 1833 $133,800,000,000
6. Hurricane Ike (TX/LA/MS) 2008 112 $27,000,000,000
7. Hurricane Wilma (FL) 2005 35 $17,100,000,000
8. Hurricane Rita (TX/LA) 2005 119 $17,100,000,000
9. Hurricane Charley (FL) 2004 35 $16,500,000,000
12. Midwest Floods 2008 24 $15,000,000,000
13. Hurricane Ivan (FL/AL) 2004 57 $13,000,000,000
14. 30-State Drought 2002 0 $11,400,000,000
Costliest U.S. Weather Disasters | Weather Underground
THESE events OCCURRED!
YET in SPITE of:
a) 400,000 jobs lost due to Hurricanes Katrina/Rita ,
b) 2,800,000 jobs lost in alone due to 9/11,
c) 300,000 jobs lost due to dot.com busts... In spite of nearly $8 trillion in lost businesses, market values, destroyed property..
IN SPITE of that:
2002 $157.8 billion deficit.. also 9/11 occurred and tax revenues lowered for years later due to dot.com/9-11 losses against revenue.
2003 $377.6 billion deficit.. BRAND new cabinet Homeland Security, plus loans made to businesses.. again tax revenues down..affect of 9/11
2004 $412.7 billion deficit.. Revenues up by 5.5% spending increased and economy getting back.
2005 $318.3 billion deficit.. revenues up by 14.5% deficit decreasing at rate of 22%
2006 $248.2 billion deficit.. revenues up by 11.7% deficit decrease 22%
2007 $160.7 billion deficit.. revenues up by 6.7% deficit decrease 35%
2008 $458.6 billion deficit.. revenues down and deficit INCREASED TARP loan mostly...
http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=20
AFTER the tax cuts Federal Tax REVENUES Increased an average of 9.78% per year!!!
http://www.whitehouse.gov/omb/budget/Historical
OH and yea how about THESE EVENTS that no other President ever experienced: 1) Dot.com bust-- 2) 9/11 3) Worst hurricane SEASONS...All of which made these numbers worse BUT still there was growth!!!
BEA National Economic Accounts
Average annual growth over 8 years 2.9% IN Spite of all the events AND if the housing bubble caused by the below people hadn't occurred it would have
been: 4.4% compared to what now???
2001 2.3% increase
2002 2.4%
2003 6.8%
2004 6.4%
2005 5.4%
2006 4.6%
2007 3.2%
2008 -7.7%
Failure to heed GWB warnings about the potential housing bust!
GWB's administration was LAUGHED AT BY Democrats Frank and Dodd after 17 times trying to get Fannie/Freddie fixed!
"Over the past six years, the President and his Administration have not only warned of the systemic consequences of failure to reform GSEs but also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties.
President Bush publicly called for GSE reform at least 17 times in 2008 alone before Congress acted.
Unfortunately, these warnings went unheeded, as the President's repeated attempts to reform the supervision of these entities were thwarted by the legislative maneuvering of those who emphatically denied there were problems.
Setting the Record Straight: The Three Most Egregious Claims In The New York Times Article On The Housing Crisis
Many prominent Democrats, including House Finance Chairman Barney Frank, opposed any legislation correcting the risks posed by GSEs.
* House Financial Services Committee Chairman Barney Frank (D-MA) criticized
the President's warning saying:
"these two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis .
The more people exaggerate these problems,
the more pressure there is on these companies, the less we will see in terms of affordable housing."...
(Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie Mae," New York Times, 9/11/03)
* Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd also ignored the President's warnings and
called on him to "immediately reconsider his ill-advised" position. Eric Dash, "Fannie Mae's Offer To Help Ease Credit Squeeze
Is Rejected, As Critics Complain Of Opportunism," New York Times, 8/11/07)
Barney Frank's Fannie and Freddie Muddle
ONCE again I'm asking you idiot Bush bashers to prove the above statements WRONG! REFUTE the FACTS that
1) a recession started under Clinton.
2) dot.com bust started under Clinton cost $8 trillion market losses, lost jobs!
3) Clinton's Gorelick Memo prevented the CIA from Warning the FBI about 9/11.
4) 9/11 occurred
5) Anthrax attacks happened right after 9/11
6) Worst hurricane SEASONS in history occurred
Please refute these events occurred and in doing so prove these cataclysmic events didn't occur and didn't affect the country. Prove me wrong!
And say that they have because NOT ONE person to this date has even attempted to disprove the above events didn't happen much less have
ANY affect on our country! PROVE ME WRONG!
In fact, the more you defend Bush, the worse he looks. You might consider stopping or Republicans will NEVER let him anywhere near their convention.
What's remarkable is how often Barack Obama's only successes seemed to pivot from something Bush did before leaving office...yet Bush is the person that Obama blames constantly. Obama probably doesn't get Bin Laden without intel gathered with the waterboarding that Bush allowed and he banned. The continuation of TARP is one of the few economic strategies of the Obama Administration that actually worked. A military "surge" in Afghanistan like the "surge" strategy employed by Bush earlier is one of the few moments of military success for this Administration.
1) Amongst industrialized countries — members of the OECD — with universal health care, Canada has the second most expensive health care system as a share of the economy after adjusting for age.
2) In 2013, Canadians, on average, faced a four and a half month wait for medically necessary treatment after referral by a general practitioner.
This wait time is almost twice as long as it was in 1993 when national wait times were first measured.
If Universal Health Care Is The Goal, Don't Copy Canada
But who can argue the FACTS with ignorant people that proclaim Canada as a role model!
...Still Bush's fault after 7.5 years.
I guess a half black progressive POTUS can do no wrong...in the small minds of some.
how much did trump get from his daddy to start him on his highway of success {outside of 4 or 5 bankrupt companies where millions were lost and trump was untouched}
What's remarkable is how often Barack Obama's only successes seemed to pivot from something Bush did before leaving office...yet Bush is the person that Obama blames constantly. Obama probably doesn't get Bin Laden without intel gathered with the waterboarding that Bush allowed and he banned. The continuation of TARP is one of the few economic strategies of the Obama Administration that actually worked. A military "surge" in Afghanistan like the "surge" strategy employed by Bush earlier is one of the few moments of military success for this Administration.
The Republican Senate Committee found that no Intel that was obtained through torture helped them find Bin Laden. That's a Dick Cheney lie which the conservative media keeps repeating.
TARP was continued but Republicans blocked attempts to increase or expand his infrastructure reconstruction programs because of the deficit, so the economic stimulous was the lowest per capita expenditure of all of the first world nations, slowing the economic recovery. Republicans fought tooth and nail against any sort of spending of tax dollars at home on much needed infrastructure, while approving seemingly limitless expenditures in foreign wars. But then, they didn't want Obama to be economically successful at home.
It's sad when a political party undermines the best of interests of its constituents for political reasons. It's worse when the people continue to vote for them to do it.
All these posts about Health Care (screwed up). BHO had staff of 10000s' working on it for two years or longer. He signed off on "the new". It is now more screwed up than ever before, intentionally?
What's remarkable is how often Barack Obama's only successes seemed to pivot from something Bush did before leaving office...yet Bush is the person that Obama blames constantly. Obama probably doesn't get Bin Laden without intel gathered with the waterboarding that Bush allowed and he banned. The continuation of TARP is one of the few economic strategies of the Obama Administration that actually worked. A military "surge" in Afghanistan like the "surge" strategy employed by Bush earlier is one of the few moments of military success for this Administration.
The Republican Senate Committee found that no Intel that was obtained through torture helped them find Bin Laden. That's a Dick Cheney lie which the conservative media keeps repeating.
TARP was continued but Republicans blocked attempts to increase or expand his infrastructure reconstruction programs because of the deficit, so the economic stimulous was the lowest per capita expenditure of all of the first world nations, slowing the economic recovery. Republicans fought tooth and nail against any sort of spending of tax dollars at home on much needed infrastructure, while approving seemingly limitless expenditures in foreign wars. But then, they didn't want Obama to be economically successful at home.
It's sad when a political party undermines the best of interests of its constituents for political reasons. It's worse when the people continue to vote for them to do it.
AFTER Bush tax cuts revenues increased at higher rates for 4 years (2004 to 2007) at higher average 8.7% for Bush.
then Clinton's average of 7.9%
I already explained that much of the red tape is due to government regulations and dicking around with health care. I filed claims and been taken care of. You are a liar and leftist progagandizer, pure and simple.
Refute? The liberals here are shitting their pants.BBBUUUUTTT BOOOOOOOOOOOOOOOSH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Of course they won't admit it. They will just make stupid posts like the one above.
They are however, tacitly admitting it by flocking to Trump.
Too bad NONE of you Bush bashing Idiots DEAL with history which will declare Bush a GREAT President when considering ALL these events
that in the history of the USA have NEVER NEVER occurred in one 8 year period!
Unlike you idiots that can't substantiate your stupid biased ignorant comments,
ALL of the below are LINKS if you aren't too f...king lazy to check out and see the Truth!
Recession
Are you aware that a recession started under Clinton and became official 3/01 ended 11/01?
Because idiots don't seem to comprehend... RECESSIONS are like large ships.. it takes miles to turn one...i.e. so does a "RECESSION"...
it doesn't just start the day NBER states... it is a slow degradation and it started under CLINTON!!!
Source: USATODAY.com - It's official: 2001 recession only lasted eight months
A Major $8 trillion market loss
Are you aware that the dot.com bust occurred and cost $8 trillion in losses?
Again Clinton laid claim BUT someone had to pay and it occurred during Bush's first year!
$8 trillion in market losses MEAN lost tax revenue.
PLUS JOBS!!!!
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $8 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.
Source: The dot-com bubble: How to lose $5 trillion
The worst attacks on the USA in History.. 3,000 deaths!!!
Obviously most of you are UNAWARE 9/11 cost 3,000 lives, $2 trillion in lost businesses,market values assets.
Jobs lost in New York owing to the attacks: 146,100 JUST in New York.
Are you aware this happened???
Now before you idiots say "well Bush should have known"! DUMMIES... ever hear of the Gorelick Memo signed under CLINTON??
Gorelick Memo that created the wall between FBI & CIA thus no knowledge of the 9/11 bombers shared with the FBI!!!
Looks especially imprudent 10 years later.
Because the memo created a barrier for U.S. intelligence agencies to share information with the FBI, one of its unintended consequences may have been to prevent the FBI from receiving the necessary intelligence to stop the Sept. 11, 2001 terrorist attacks, the worst in American history.
Gorelick Memo Allegedly Impeded Probe of Clinton Fundraising Scandal
1995 memo [Clinton presidency-concerned about Chinese election sales] Gorelick wrote, stated explicitly that they would “go beyond what is legally required, [to] prevent any risk of creating an unwarranted appearance that FISA is being used to avoid procedural safeguards which would apply in a criminal investigation.” GORELICK Memo!
Here read what NOT my words but other sources:
Jamie Gorelick’s wall barred anti-terror investigators from accessing the computer of Zacarias Moussaoui, the 20th hijacker, already in custody on an immigration violation shortly before 9/11.
At the time, an enraged FBI investigator wrote a prophetic memo to headquarters about the wall.
Whatever has happened to this — someday someone will die — and wall or not — the public will not understand why we were not more effective in throwing every resource we had at certain problems…..especially since the biggest threat to us UBL [Usama bin Laden], is getting the most protection.
So, a year before the 9/11 attacks, a special unit in the U.S. military was aware of the presence of an al-Queda cell in Brooklyn, New York, and sought to share its information with the FBI but was stopped cold.Why?Because (as described in the April 16, 2004 Washington Times piece) “on March 4, 1995, [Jamie Gorelick, the then number 2 official in the Clinton Justice Department, sent a 4-page directive] to FBI Director Louis Freeh and Mary Jo White, the New York-based U.S. attorney investigating the 1993 World Trade Center bombing.
In the memo, Ms. Gorelick ordered Mr. Freeh and Ms. White to follow information-sharing procedures that ‘go beyond what is legally required,’ in order to avoid ‘any risk of creating an unwarranted appearance’ that the Justice Department was using Foreign Intelligence Surveillance Act (FISA) warrants, instead of ordinary criminal investigative procedures, in an effort to undermine the civil liberties of terrorism suspects.”
Could 9/11 Have Been Prevented? The Gorelick Memo and What We Knew
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. Airlines didn't fly for 3 days!
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.
Source: 10 Events That Rocked the Financial World
Anthrax Attacks...
The 2001 anthrax attacks in the United States, also known as Amerithrax from its Federal Bureau of Investigation (FBI) case name, occurred over the course of several weeks beginning on Tuesday, September 18, 2001, one week after the September 11 attacks. Letters containing anthrax spores were mailed to several news media offices and two DemocraticU.S. Senators, killing five people and infecting 17 others.
$1 trillion in 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. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.
Rank Disaster Year Deaths Damage* $250 Billion in damages in the 8 disasters of the top 15 disasters in history!
1. Hurricane Katrina (LA/MS/AL/FL) 2005 1833 $133,800,000,000
6. Hurricane Ike (TX/LA/MS) 2008 112 $27,000,000,000
7. Hurricane Wilma (FL) 2005 35 $17,100,000,000
8. Hurricane Rita (TX/LA) 2005 119 $17,100,000,000
9. Hurricane Charley (FL) 2004 35 $16,500,000,000
12. Midwest Floods 2008 24 $15,000,000,000
13. Hurricane Ivan (FL/AL) 2004 57 $13,000,000,000
14. 30-State Drought 2002 0 $11,400,000,000
Costliest U.S. Weather Disasters | Weather Underground
THESE events OCCURRED!
YET in SPITE of:
a) 400,000 jobs lost due to Hurricanes Katrina/Rita ,
b) 2,800,000 jobs lost in alone due to 9/11,
c) 300,000 jobs lost due to dot.com busts... In spite of nearly $8 trillion in lost businesses, market values, destroyed property..
IN SPITE of that:
2002 $157.8 billion deficit.. also 9/11 occurred and tax revenues lowered for years later due to dot.com/9-11 losses against revenue.
2003 $377.6 billion deficit.. BRAND new cabinet Homeland Security, plus loans made to businesses.. again tax revenues down..affect of 9/11
2004 $412.7 billion deficit.. Revenues up by 5.5% spending increased and economy getting back.
2005 $318.3 billion deficit.. revenues up by 14.5% deficit decreasing at rate of 22%
2006 $248.2 billion deficit.. revenues up by 11.7% deficit decrease 22%
2007 $160.7 billion deficit.. revenues up by 6.7% deficit decrease 35%
2008 $458.6 billion deficit.. revenues down and deficit INCREASED TARP loan mostly...
http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=20
AFTER the tax cuts Federal Tax REVENUES Increased an average of 9.78% per year!!!
http://www.whitehouse.gov/omb/budget/Historical
OH and yea how about THESE EVENTS that no other President ever experienced: 1) Dot.com bust-- 2) 9/11 3) Worst hurricane SEASONS...All of which made these numbers worse BUT still there was growth!!!
BEA National Economic Accounts
Average annual growth over 8 years 2.9% IN Spite of all the events AND if the housing bubble caused by the below people hadn't occurred it would have
been: 4.4% compared to what now???
2001 2.3% increase
2002 2.4%
2003 6.8%
2004 6.4%
2005 5.4%
2006 4.6%
2007 3.2%
2008 -7.7%
Failure to heed GWB warnings about the potential housing bust!
GWB's administration was LAUGHED AT BY Democrats Frank and Dodd after 17 times trying to get Fannie/Freddie fixed!
"Over the past six years, the President and his Administration have not only warned of the systemic consequences of failure to reform GSEs but also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties.
President Bush publicly called for GSE reform at least 17 times in 2008 alone before Congress acted.
Unfortunately, these warnings went unheeded, as the President's repeated attempts to reform the supervision of these entities were thwarted by the legislative maneuvering of those who emphatically denied there were problems.
Setting the Record Straight: The Three Most Egregious Claims In The New York Times Article On The Housing Crisis
Many prominent Democrats, including House Finance Chairman Barney Frank, opposed any legislation correcting the risks posed by GSEs.
* House Financial Services Committee Chairman Barney Frank (D-MA) criticized
the President's warning saying:
"these two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis .
The more people exaggerate these problems,
the more pressure there is on these companies, the less we will see in terms of affordable housing."...
(Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie Mae," New York Times, 9/11/03)
* Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd also ignored the President's warnings and
called on him to "immediately reconsider his ill-advised" position. Eric Dash, "Fannie Mae's Offer To Help Ease Credit Squeeze
Is Rejected, As Critics Complain Of Opportunism," New York Times, 8/11/07)
Barney Frank's Fannie and Freddie Muddle
ONCE again I'm asking you idiot Bush bashers to prove the above statements WRONG! REFUTE the FACTS that
1) a recession started under Clinton.
2) dot.com bust started under Clinton cost $8 trillion market losses, lost jobs!
3) Clinton's Gorelick Memo prevented the CIA from Warning the FBI about 9/11.
4) 9/11 occurred
5) Anthrax attacks happened right after 9/11
6) Worst hurricane SEASONS in history occurred
Please refute these events occurred and in doing so prove these cataclysmic events didn't occur and didn't affect the country. Prove me wrong!
And say that they have because NOT ONE person to this date has even attempted to disprove the above events didn't happen much less have
ANY affect on our country! PROVE ME WRONG!
I refuted your argument, you are shifting more and more into lies. No, insurance companies do not write and pass laws in congress.I already explained that much of the red tape is due to government regulations and dicking around with health care. I filed claims and been taken care of. You are a liar and leftist progagandizer, pure and simple.
As usual, when you can't refute the arguments, you attack the poster.
The red tape exists because the insurance companies set it up. Government regulations exist because insurance companies have been known to act in bad faith with policy holders.
Since US Presidents have been trying to reform US health care since the Great Depression, when the government wasn't even involved in health care, I think it's safe to assume that there were serious systemic problems with your system long before the government got involved.
Liberals learned that if you destroy jobs, the unemployment rate goes down. You can't get a job that is no longer there.This all seems pretty silly. Hardcore partisans are predictable:
When my guy is in office and something good happens, it's because of my guy.
When my guy is in office and something bad happens, it's because of the other guy.
Bush left behind a disaster. Either a President is responsible for what happens during his term or he is not. Either the buck stops with him, or it does not.
.
When has the buck EVER stopped with Barack Obama, Mac? I don't know as I've ever seen a President who blames his own short comings on others more than this President! He's quick to take credit for things that happen that he's had very little to do with...like the price of gasoline going down...but even quicker to blame George W. Bush or the Republicans for the slow recovery by the economy and a dismal record of job creation.
It's really less of Obama than it is his supporters that do it. Some (life Franco) go all the way back to Reagan to shift the blame. That's a pretty far stretch, but they do it all the time.
On one hand they tell us of this miraculous recovery, and on the other they tell us why we need so many people on government programs. Republicans are the ones responsible for those on government programs, and Obama is responsible for this lower unemployment rate.
That's how it works with these guys.
Yes. Really.No doubt Obama was left a mess. What did he do about it? He made it worse.The failed economy.
The Iraq debacle.
The deficit creating Bush Tax Cuts.
The millions of jobs moved oversea.
The over 40,000 factories closed.
Medical bills becoming the number one cause of bankruptcy.
Not getting Bin Laden.
Republicans were able to use reconciliation three times which shows they controlled the entire government.
Will they ever take any responsibility for what happened on their watch?
Worse?
Not really.
Bush is the one who pushed TARP through even though it wasn't popular and he took a lot of political heat for "bailing out" Banks. What did Barry ever come up with that is even remotely comparable to TARP? The majority of HIS economic strategies differ from Bush's because they were either remarkably ineffective...an eight hundred billion dollar stimulus that created so few jobs they had to hide how bad it was with "jobs created or saved"...or cost taxpayers millions that we still haven't seen repaid...as with the GM bailout and "green" initiatives like Solyndra!
He has done a terrible job...just like his blood brother W....Still Bush's fault after 7.5 years.
I guess a half black progressive POTUS can do no wrong...in the small minds of some.
The mess that was left is, was and always shall be Bush's mess. Obama was done so very much to save the American economy and restore respect for the US throughout the world, despite the most obstructionist Congress in history.
There are lots of things that the left isn't happy about, but given the extent of the disaster he took over, he's done an excellent job. However as long as he remains half-black, idiots like you will continue to deny what a good job he's done under the circumstances. Certainly better than Bush, who took over a balanced budget, and and relatively stable world, and just blew it all up.
