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Author Topic: GOP: Obama's Failed Economy after 5 Years  (Read 1642 times)
noviapriani
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June 19, 2014, 05:48:39 PM
 #41

What happened to the reported $850,000,000,000 (which is probably more like $1,000,000,000,000) Stimulus Bill that promised "shovel ready jobs?"

Our tax dollars went to counties that didn't even exist...jobs that left the country. It was a total fiasco and waste of almost a trillion dollars...lost/wasted/stolen/abused.

More regulation limiting job growth (Obamacare and min wage come to mind)...taxes that force American companies to prosper overseas...etc.

Hell yea it's a failed economy because of his policies.

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June 19, 2014, 06:06:13 PM
 #42

http://onpolitics.usatoday.com/2014/02/17/gop-commemorates-five-years-of-failed-stimulus/

The GOP, the right, and most of the other Obama haters keep claiming that after 5 1/2 years, Obama is the one responsible for our less than great economy. They claim that any excuses do not matter, because the 5 1/2 years has been more than enough to fix everything with the right plans.
I can only point out that if a long time as president is the only factor we need to consider in evaluating a president's performance, then Obama cannot yet be considered our worst president on the economy. Bush II had 8 years to give us a great economy. How were things after his 8 years? Let's see how it compares after Obama's 8 years.

To be clear, I believe a president cannot be judged solely by how things are going after X number of years. You need to consider the entire hand he was dealt. At a minimum, one must recognize that economies do have cycles, some with bigger swings than others.
I'm just going to ignore the words you are attempting to stuff in my rightwing mouth and speak for myself.  Obama is responsible to deliver on his own promises regarding the policies he does implement.   If he states that certain policies WiLL do something, then he can be judged as to whether or not they succeed at doing so.   
By his own standards for the policies he has foist upon us by either legislation he was able to pass or regulation or executive fiat, he is an utter failure. You leftists can blabber all day long about what the GOP has or hasn't done, NONE OF THAT changes the fact that Obama has NO accomplishments which have come close to meeting his promised goals.  Not only that, he has managed to out Bush Bush on every negative he railed about before becoming POTUS.   
And for every Bots who has deluded yourself into believing that Bush alone was to blame for the housing bubble popping, allow me to point out that six years into Obama's presidency, the primary systemic causes are STILL not fixed and we are now building a money bubble for which a bail out is not even possible.  MRat alluded to this in his stoned ramblings about QE inflating the stock market.  Yes, it is doing so, but it is more than just that.  Obama has institutionalized too big to fail for WS, incentivized profiteering by WS from debt spending, engaged in huge amounts of corporate welfare for no gains and huge losses, and regulated the smaller competition out of the market in favor of Big Business.  And while all that is going on, Main Street is being choked to death as jobs continue to go overseas or be lost or not created thanks to excessive tax/regulation burdens.  In one of the few sectors that are booming...aka oil and with NO thanks to the FedGov who has done as much as possible to put a cork in it....Obama is in process of "making cost necessarily skyrocket" and putting the final nail in our coffin with a carbon tax scam from which his cronies will profit enormously, as will he eventually.
As real growth and prosperity is stagnating and stymied, dependency is being fostered and is growing right along with massive amounts of debt and debt obligations.  The most current crop of dependents are now pouring in over our southern border, the predictably negative consequences of which will be long lasting and primarily on the backs of those already in the lowest income/wealth demos.   Welcome to hope and change.

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Wilikon
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June 19, 2014, 07:11:59 PM
 #43

http://onpolitics.usatoday.com/2014/02/17/gop-commemorates-five-years-of-failed-stimulus/

The GOP, the right, and most of the other Obama haters keep claiming that after 5 1/2 years, Obama is the one responsible for our less than great economy. They claim that any excuses do not matter, because the 5 1/2 years has been more than enough to fix everything with the right plans.
I can only point out that if a long time as president is the only factor we need to consider in evaluating a president's performance, then Obama cannot yet be considered our worst president on the economy. Bush II had 8 years to give us a great economy. How were things after his 8 years? Let's see how it compares after Obama's 8 years.

To be clear, I believe a president cannot be judged solely by how things are going after X number of years. You need to consider the entire hand he was dealt. At a minimum, one must recognize that economies do have cycles, some with bigger swings than others.
I'm just going to ignore the words you are attempting to stuff in my rightwing mouth and speak for myself.  Obama is responsible to deliver on his own promises regarding the policies he does implement.   If he states that certain policies WiLL do something, then he can be judged as to whether or not they succeed at doing so.   
By his own standards for the policies he has foist upon us by either legislation he was able to pass or regulation or executive fiat, he is an utter failure. You leftists can blabber all day long about what the GOP has or hasn't done, NONE OF THAT changes the fact that Obama has NO accomplishments which have come close to meeting his promised goals.  Not only that, he has managed to out Bush Bush on every negative he railed about before becoming POTUS.   
And for every Bots who has deluded yourself into believing that Bush alone was to blame for the housing bubble popping, allow me to point out that six years into Obama's presidency, the primary systemic causes are STILL not fixed and we are now building a money bubble for which a bail out is not even possible.  MRat alluded to this in his stoned ramblings about QE inflating the stock market.  Yes, it is doing so, but it is more than just that.  Obama has institutionalized too big to fail for WS, incentivized profiteering by WS from debt spending, engaged in huge amounts of corporate welfare for no gains and huge losses, and regulated the smaller competition out of the market in favor of Big Business.  And while all that is going on, Main Street is being choked to death as jobs continue to go overseas or be lost or not created thanks to excessive tax/regulation burdens.  In one of the few sectors that are booming...aka oil and with NO thanks to the FedGov who has done as much as possible to put a cork in it....Obama is in process of "making cost necessarily skyrocket" and putting the final nail in our coffin with a carbon tax scam from which his cronies will profit enormously, as will he eventually.
As real growth and prosperity is stagnating and stymied, dependency is being fostered and is growing right along with massive amounts of debt and debt obligations.  The most current crop of dependents are now pouring in over our southern border, the predictably negative consequences of which will be long lasting and primarily on the backs of those already in the lowest income/wealth demos.   Welcome to hope and change.

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