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.”
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.
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".
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
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.
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.
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".
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.
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.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.
Can you come up with figures, facts, graphs, charts, statistics, instead of Fox News stuff.
LOL. I did hear, just one time, long ago, that he was quite popular in the Chicago bath houses.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.
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.
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.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.
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.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?
I asked if you can ride a bike. You could have just said no.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.
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?
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