Ignore the Haters: Obama Helped Save the U.S. Economy

[RDS]

Did he?

On Thursday evening, President Obama delivered a speech at Cross Campus in Santa Monica, California promoting his economic policies targeted at millennials. It follows a broader speech that the president gave at Northwestern a week ago, when he touted the significant progress the economy has made during his presidency. “It is indisputable that our economy is stronger today than when I took office,” he told the crowd in Chicago. “By every economic measure, we are better off now than we were when I took office.”

Obama's Economic Record Is Strong, Even Though Wages Are Stagnant | New Republic

 

[Threegoofs]

Well, it's hard to compare against since we don't know what the economy would have been like under, say, McCain.

But a good clue is to look at the health of the US economy vs other developed nations since the recession started.

By that measure, he looks pretty good.

http://dish.andrewsullivan.com/2014/10/09/the-successes-of-obama/

 

[MAGAnificent]

roflmao!

 

[Kobie]

roflmao!

I assume you have forgotten exactly how bad things were when he took office and we were in the worst economic downturn since the Great Depression.

Obama's setting the bar pretty low, since he took office shortly after the economy completely cratered (there was nowhere to go but up), but technically, he's not really wrong.

 

[MAGAnificent]

I assume you have forgotten exactly how bad things were when he took office and we were in the worst economic downturn since the Great Depression.

Obama's setting the bar pretty low, since he took office shortly after the economy completely cratered (there was nowhere to go but up), but technically, he's not really wrong.

Yes when the mortgage market collapsed, the economy did tank. However nothing Obama has done has had any positive effect on the economy. As a matter of fact he slowed the recovery with boondoggles such as "Obamacare".

 

[RDS]

Yes, ignore the haters at the onset:

Bush vs. Obama on the Economy. In 3 Simple Charts.

 

[MAGAnificent]

Yes, ignore the haters at the onset:

Bush vs. Obama on the Economy. In 3 Simple Charts.

Except that the economy only tanked in Bush's second term due to the mortgage market collapse which was caused by the democrats pushing bad home loans and hiding the losses using quasi government mortgage giant Fannie Mae and Freddie Mac. The Bush administration saw it coming and tried to head it off and were stopped by the democrats: Democrats were WARNED of Financial crisis and did NOTHING - YouTube

 

[Kobie]

Yes when the mortgage market collapsed, the economy did tank. However nothing Obama has done has had any positive effect on the economy. As a matter of fact he slowed the recovery with boondoggles such as "Obamacare".

You can't blame him exclusively for everything bad, and not give him any credit for anything good. That's not how things operate in reality.

 

[RDS]

Except that the economy only tanked in Bush's second term due to the mortgage market collapse which was caused by the democrats pushing bad home loans and hiding the losses using quasi government mortgage giant Fannie Mae and Freddie Mac. The Bush administration saw it coming and tried to head it off and were stopped by the democrats: Democrats were WARNED of Financial crisis and did NOTHING - YouTube

Can you come up with figures, facts, graphs, charts, statistics, instead of Fox News stuff.

 

[Ockham]

Did he?



Obama's Economic Record Is Strong, Even Though Wages Are Stagnant | New Republic

The DNC wants this to be the narrative for the mid-terms.... so we should all just ignore the plethora of scandals, obfuscation, outright lies, Senate shelving bills never to be discussed, crazy Harry Reid, ISIS and the FUBAR of Iraq, the Bergdahl swap, ignoring Syria and the infamous "red lines", and now continuing to let Ebola travel to the US.... no no.... all that never even happened.

Caption: Jedi Mind Trick - "These are not the scandals you have heard about. You will believe I saved the US economy. You will go and vote for Democrats."

 

[Fletch]

Did he?



Obama's Economic Record Is Strong, Even Though Wages Are Stagnant | New Republic

I don't really think you can argue that things are better today than they were when Obama took office. How much of the recovery is due to Obama is certainly up in the air. Ben Bernanke has far more to do with the recovery and the economy than Obama. I tend to think we give politicians in general and presidents in particular way too much credit/blame for the economy than they deserve.

 

[MAGAnificent]

You can't blame him exclusively for everything bad, and not give him any credit for anything good. That's not how things operate in reality.

No...I cannot blame Obama for everything bad. The housing market crash had roots all the way back to the Jimmy Carter era. However I can blame him for Obamacare. I would like to give him credit for something good that he did...however I cannot come up with anything....other then perhaps "He does not cheat on his wife" as Slick Willy did.

 

[eohrnberger]

I assume you have forgotten exactly how bad things were when he took office and we were in the worst economic downturn since the Great Depression.

Obama's setting the bar pretty low, since he took office shortly after the economy completely cratered (there was nowhere to go but up), but technically, he's not really wrong.

All true. There was no where to go put up from that.

Yes when the mortgage market collapsed, the economy did tank. However nothing Obama has done has had any positive effect on the economy. As a matter of fact he slowed the recovery with boondoggles such as "Obamacare".

Agreed. But then, how much, exactly, does a president have control over the entire economy? While yes, he can have pro economic growth policies, which may or may not work. But isn't that more indirect rather than directly measurable?

 

[DA60]

You can't blame him exclusively for everything bad, and not give him any credit for anything good. That's not how things operate in reality.

Reality?

GW Bush was a horrible POTUS.

So is Obama.

Since Obama took office, there are over a million LESS Americans employed in the all important 25-54 age range PLUS there are over 13 million more Americans on food stamps PLUS the deficit is up about 60%.

That is the reality of 5 1/2 years under Obama.

The good reality?

He can shine his Nobel Peace Prize while Gitmo prisoners continue to rot, he kills innocent civilians with double-tap drone strikes, he supports an illegal coup in Ukraine and a horrible regime in Saudi Arabia that beheads people for the smallest of crimes and he embarks on yet another war in Iraq.

 

[Misterveritis]

I assume you have forgotten exactly how bad things were when he took office and we were in the worst economic downturn since the Great Depression.

Obama's setting the bar pretty low, since he took office shortly after the economy completely cratered (there was nowhere to go but up), but technically, he's not really wrong.

It started to get really bad after the half of the nation not working defeated the not quite half of the nation that is still working. Perhaps electing a Marxist had something to do with people losing their jobs at a rate, right after the Marxist was elected, of 750K per month. In all of the months prior to that sorry event monthly job losses were far less.

 

[MAGAnificent]

Can you come up with figures, facts, graphs, charts, statistics, instead of Fox News stuff.

I take it that you did not actually view the video. The facts and figures came from the politicians own mouths as well as public record. Democrats like Barney Frank and others outright denied that there was a problem... and insisted on continuing the practices that ultimately led to the collapse. Whining about Fox News is a copout. They merely played video recordings of actual congressional hearings. In otherwords, they reported the news. Eventually Barney Frank admitted he did not have a clue that Fannie May and Freddie Mac were headed for collapse.

 

[Misterveritis]

No...I cannot blame Obama for everything bad. The housing market crash had roots all the way back to the Jimmy Carter era. However I can blame him for Obamacare. I would like to give him credit for something good that he did...however I cannot come up with anything....other then perhaps "He does not cheat on his wife" as Slick Willy did.

LOL. I did hear, just one time, long ago, that he was quite popular in the Chicago bath houses.

But don't tell anybody. Like his college transcripts it is just an unconfirmed rumor.

 

[Kobie]

It started to get really bad after the half of the nation not working defeated the not quite half of the nation that is still working. Perhaps electing a Marxist had something to do with people losing their jobs at a rate, right after the Marxist was elected, of 750K per month. In all of the months prior to that sorry event monthly job losses were far less.

This shows a severe lack of understanding of how the 2008 economic crash (or really, any economic crash) actually worked.

 

[Misterveritis]

This shows a severe lack of understanding of how the 2008 economic crash (or really, any economic crash) actually worked.

Given that I am neither as brilliant as you believe yourself to be nor an I as smart as the economists who predicted 18 of the last three recessions I will give you the talking point.

And yet please note that in the month the slackers defeated the productive the monthly job loss just about doubled. When one elects a Marxist one can expect the people who own assets to cut everyone who is not productive.

 

[Kobie]

Given that I am neither as brilliant as you believe yourself to be nor an I as smart as the economists who predicted 18 of the last three recessions I will give you the talking point.

And yet please note that in the month the slackers defeated the productive the monthly job loss just about doubled. When one elects a Marxist one can expect the people who own assets to cut everyone who is not productive.

I'd love some actual evidence that the late-2008 job losses were a direct result of electing a "Marxist" (I put that word in quotes since you obviously are using your own definition for it) rather than the inevitable fallout from when demand cratered and profits plummeted.

 

[Misterveritis]

I'd love some actual evidence that the late-2008 job losses were a direct result of electing a "Marxist" (I put that word in quotes since you obviously are using your own definition for it) rather than the inevitable fallout from when demand cratered and profits plummeted.

Cool. How would one gather that evidence? Some people can see patterns in history and others cannot. I am sorry the gifts have not fallen upon you.

Insight is required. I wouldn't worry about it if I were you. Perhaps you have other skills. Can you ride a bike?

 

[Kobie]

Cool. How would one gather that evidence? Some people can see patterns in history and others cannot. I am sorry the gifts have not fallen upon you.

Insight is required. I wouldn't worry about it if I were you. Perhaps you have other skills. Can you ride a bike?

In other words, you can't provide said evidence, so you just decided to make something up and claim there's a "pattern in history." I can tell intellectual honesty isn't your strong suit.

 

[Misterveritis]

In other words, you can't provide said evidence, so you just decided to make something up and claim there's a "pattern in history." I can tell intellectual honesty isn't your strong suit.

I asked if you can ride a bike. You could have just said no.

Insights are not for the faint of heart. They require substantial preparation. Maybe you should learn to ride the bike.

 

[Threegoofs]

Except that the economy only tanked in Bush's second term due to the mortgage market collapse which was caused by the democrats pushing bad home loans and hiding the losses using quasi government mortgage giant Fannie Mae and Freddie Mac. The Bush administration saw it coming and tried to head it off and were stopped by the democrats: url]

Wow. That's a pretty bizarre alternate reality.

Are these stories Republicans tell themselves to make them feel better?

 

[MAGAnificent]

Wow. That's a pretty bizarre alternate reality.

Are these stories Republicans tell themselves to make them feel better?

Not worth commenting on.