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Author Topic: Economy Gets Even Stronger Under Obama  (Read 5154 times)

Offline jgreer

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Economy Gets Even Stronger Under Obama
« on: November 04, 2011, 12:12:06 PM »
Even without passing the jobs bill Obama and the other Democrats were still able to get the economy going. Check this out, over 80000 jobs were added. The Republicans have been trying to derail the economy but it is working out anyway. Imagine what will happen when more Democrats get in.

Also jobless rate is down to 9 percent.

http://bottomline.msnbc.msn.com/_news/2011/11/04/8632201-october-jobs-report-hints-at-improvement
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Offline Captain Obvious

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Re: Economy Gets Even Stronger Under Obama
« Reply #1 on: November 05, 2011, 07:17:54 PM »
Right...

So tell me, what has BO done to make this economy the blow torch it once was?

Seems to me that when you're at rock bottom, it can only get better - if even marginally.

Giving credit for a marginal increase to an economy that has been stagnant for years is idiotic.  Do you have any concept of what might have been done (or not done) that would have caused the job market to inch a bit up?

It could have very well been the GOP's blocking the massive spend-fest that the Dems were on or it could simply have been the approaching 4th quarter.

You do understand what happens in the 4th quarter, don't you?
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Offline jgreer

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Re: Economy Gets Even Stronger Under Obama
« Reply #2 on: November 05, 2011, 07:34:17 PM »
We aren't at rock bottom, it is a fact the economy is in better shape now than it was under George W. Bush. I don't know where you get rock bottom from but we aren't even in a recession much less a depression. So no, we are no where near rock bottom.

As far as the 4th quarter do you mean Christmas shopping? Because that hasn't happened yet so that is not the reason that the economy has bumped up again.
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Offline Captain Obvious

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Re: Economy Gets Even Stronger Under Obama
« Reply #3 on: November 05, 2011, 07:41:18 PM »
Yeah, it's fucking peachy.

Tell me, Keynes - what exactly did BO do to cause this massive stimulation in the job market?

You haven't graced us with this brainstorm yet.
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Offline jgreer

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Re: Economy Gets Even Stronger Under Obama
« Reply #4 on: November 05, 2011, 07:54:33 PM »
Keynes?

What Was the Stimulus Package?
Obama's First Major Act to Stimulate the Economy

What were the actual results? In fact, the package did better than planned. By the close of FY 2009, (October 30, 2009) $241.9 billion had been spent: $92.8 billion in tax relief, $86.5 billion in unemployment and other benefits and $62.6 billion in job creation grants. By March 30, 2011, (just after the close of FY 2010) the program had spent $633.5 billion: $259.9 billion in tax relief, $181.7 billion in entitlements and $191.9 billion in contracts, grants or loans. (Source: Recovery.gov)

OWNED!!!!!!
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Offline jgreer

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Re: Economy Gets Even Stronger Under Obama
« Reply #5 on: November 05, 2011, 08:02:48 PM »
You guys are like the republicans hoping the economy tanks so you can get rid of Obama
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Offline Captain Obvious

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Re: Economy Gets Even Stronger Under Obama
« Reply #6 on: November 05, 2011, 08:04:39 PM »
I guess he told me.

 O0

So we spent 242b in 2009 to gain 800k jobs toward the end of 2011?

I'm sure math isn't your strong point, but what does that amount to - spending per job?

If only you had a sliver of an idea of how much of a jackass you're making of yourself, but isn't that typical of liberal whackjobs?
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Offline jgreer

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Re: Economy Gets Even Stronger Under Obama
« Reply #7 on: November 05, 2011, 08:23:09 PM »
You asked me what Obama has done to help the economy. I just told you. You got told. LOL

Also it is obvious you don't know much about the economy but when these programs are started they take a couple of years to see the effects it is not instant
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Offline GRUMPY

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Re: Economy Gets Even Stronger Under Obama
« Reply #8 on: November 06, 2011, 06:24:53 PM »
Keynes?

What Was the Stimulus Package?
Obama's First Major Act to Stimulate the Economy

What were the actual results? In fact, the package did better than planned. By the close of FY 2009, (October 30, 2009) $241.9 billion had been spent: $92.8 billion in tax relief, $86.5 billion in unemployment and other benefits and $62.6 billion in job creation grants. By March 30, 2011, (just after the close of FY 2010) the program had spent $633.5 billion: $259.9 billion in tax relief, $181.7 billion in entitlements and $191.9 billion in contracts, grants or loans. (Source: Recovery.gov)

OWNED!!!!!!
son you did not post the results of the prez stimulus package....what you posted is a broad accounting of how the left threw away almost a trillion dollars of somebody else money, this being the result of a govt addicted to spending other people's money and an electorate that is morally/ethically bankrupt and in general stuck on stupid.....only in the world of liberals can spending money be considered a result in and of itself....but let us look at the results shall we....dec 2008 the unemployment rate stood at 7.3%, obama and the boys promised that the unemployment rate would not rise above 8% (in fact i believe that romer stated 7.6%) if only you would let him stimulate you, well he did and unemployment went above 10%, currently at 9% and this even with the shall we say unique accounting practices of the obama tribe such as double counting census workers and serially reducing the number of available jobs or workers to be counted.....real unemployment is 11.3%....more results of the messiah's stimulative efforts include adding some $4-5 trillion to the national debt, tanking the dollar, stimulating inflation and stagnating the greatest economic engine in the history of this planet.....how is that for results son.....i would add something snarky like OWNED but of course this nation is a nation of debtors who own literally nothing and owe damn near everyone.....

Offline Mister D

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Re: Economy Gets Even Stronger Under Obama
« Reply #9 on: November 06, 2011, 06:34:52 PM »
BO has added quite a bit to the national debt. No doubt about that.
"Pushing people forward simply because of their colour, irrespective of merit, would be most unfortunate and would of course lead to disaster. It would mean that Rhodesia would then develop into a kind of banana republic where the country would in no time be bankrupt."


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