Obama 2015 2nd Quarter numbers in......

[Fenton]

Correct, and furthermore, if the president were a Republican, then rightist hacks would be doing the same. The fact of the matter remains that the president has little control over the economy.

If he were a CONSERVATIVE, and not just a Republican the people on the right would have every right to brag about the booming economy.

A real Conservative would do what's necessary to promote private sector investment and that would lead to new jobs

 

[Dittohead not!]

If he were a CONSERVATIVE, and not just a Republican the people on the right would have every right to brag about the booming economy.

A real Conservative would do what's necessary to promote private sector investment and that would lead to new jobs

and he would still have little control over the economy, regardless of how you define the term "conservative."

 

[MTAtech]

If he were a CONSERVATIVE, and not just a Republican the people on the right would have every right to brag about the booming economy.

A real Conservative would do what's necessary to promote private sector investment and that would lead to new jobs

Then in spite of Obama not being a "real conservative," private sector investment is indeed increasing and new jobs have been created. This results in one of two conclusions. 1) Obama is a "real conservative," or; 2) policies other than conservative policies can create jobs and allow investment.

In any case, Obama has every right to brag about his accomplishments.

....

 

[Dittohead not!]

Then in spite of Obama not being a "real conservative," private sector investment is indeed increasing and new jobs have been created. This results in one of two conclusions. 1) Obama is a "real conservative," or; 2) policies other than conservative policies can create jobs and allow investment.

In any case, Obama has every right to brag about his accomplishments.

....

He's every bit as conservative as his predecessor.

 

[ludin]

Then in spite of Obama not being a "real conservative," private sector investment is indeed increasing and new jobs have been created. This results in one of two conclusions. 1) Obama is a "real conservative," or; 2) policies other than conservative policies can create jobs and allow investment.

In any case, Obama has every right to brag about his accomplishments.

....

there is a fallacy for you.

the other choice is that businesses will do what businesses have to do in order to thrive regardless. they will find ways to work around what is there.
in this case businesses have constantly sued the crap out of obama for unconstitutional behavior and for the most part have won.

the most recent being the SCOTUS siding against the EPA.

he has cost them money but then again that is why prices have also increased and wages haven't.
average american maybe gets 1-3% raise a year.

 

[mmi]

If the economy was booming

If the economy were booming, that would mean we'd be headed for another bust. We don't need yer anything-but-conservative boom and bust cycle with its characteristic manias and crashes. We had that with the housing bubble 2001-05 and the collapse in 2006-07.

>>after 7 years and Trillions of new debt on life support.

Six-and-a-half years, Einstein. He spent the first twelve to eighteen months stopping the bleeding after "conservative" deregulators put the economy in the ICU. Since then we've had real GDP growth of nearly 2.5%. That's not life support, that's steady, sustainable growth.

>>Obama has no clue how to grow a Free market economy.

And yet he has accomplished just that.

>>He's ideologically opposed to Free market principles, and supply side economics

He's intelligently opposed to the failed policies of huge tax giveaways to the wealthy and a financial sector Wild West that are responsible for massive deficits and severe income inequality

>>hes clueless when it comes to things like creating new jobs.

Private-sector jobs up by 12.3 million and part-time employment flat, while the public sector has shed two million jobs. Somebody's clueless, alright.

>>the ridiculous and debunked idea that one can grow a economy through increased Goverment spending.

The stupid nonsense you have repeated probably a hundred times. The point is not to grow the economy with government spending, it's to get the economy back on the road after you Neanderthals drive it into a ditch with magic "free market" policies that sprinkle incentive dust on fat cats. Then there's also the usual government spending on education, infrastructure, and research that does grow the economy. Obama hasn't been able to focus on that because he's been busy cleaning up the latest GOP SSE mess.

businesses have constantly sued the crap out of obama for unconstitutional behavior and for the most part have won. the most recent being the SCOTUS siding against the EPA.

That's one. And there's Hobby Lobby, which didn't save businesses any money. He's being sued over immigration. I don't see how that will save businesses any money. Some states are suing over clean water regulations. I suppose freedom to poison water can be a cost savings.

The GOP is suing him over the ACA. Business generally opposes that.

Got any more?

>>he has cost them money but then again that is why prices have also increased and wages haven't. average american maybe gets 1-3% raise a year.

Inflation at lowest level in fifty years. Stagnant middle-class wages since the onset of this SSE bull**** under Reagan. There's two fallacies for you.

 

[Fenton]

and he would still have little control over the economy, regardless of how you define the term "conservative."

Nonsense.

A President can push policies and or sign legislation that incentivize private investment.

More private investment leads to job creation.

Its Supply side economics and no matter how much the hacks on the left lament it it still works.

Texas is a great example of what happens when a Government incentives private sector investment.

What Obama and the Democrats did was to throw a huge wet blanket on the economy by mandating higher cost on the Middle class and on Bussinesses through their highly destructive healthcare initiative.

That along with numerous tax increases is why we're 7 years later still on life support.

 

[Gimmesometruth]

average american maybe gets 1-3% raise a year.

80% of wage earners have not seen 3% real wage gains since 1973.

 

[Fenton]

If the economy were booming, that would mean we'd be headed for another bust. We don't need yer anything-but-conservative boom and bust cycle with its characteristic manias and crashes. We had that with the housing bubble 2001-05 and the collapse in 2006-07.

>>after 7 years and Trillions of new debt on life support.

Six-and-a-half years, Einstein. He spent the first twelve to eighteen months stopping the bleeding after "conservative" deregulators put the economy in the ICU. Since then we've had real GDP growth of nearly 2.5%. That's not life support, that's steady, sustainable growth.

>>Obama has no clue how to grow a Free market economy.

And yet he has accomplished just that.

>>He's ideologically opposed to Free market principles, and supply side economics

He's intelligently opposed to the failed policies of huge tax giveaways to the wealthy and a financial sector Wild West that are responsible for massive deficits and severe income inequality

>>hes clueless when it comes to things like creating new jobs.

Private-sector jobs up by 12.3 million and part-time employment flat, while the public sector has shed two million jobs. Somebody's clueless, alright.

>>the ridiculous and debunked idea that one can grow a economy through increased Goverment spending.

The stupid nonsense you have repeated probably a hundred times. The point is not to grow the economy with government spending, it's to get the economy back on the road after you Neanderthals drive it into a ditch with magic "free market" policies that sprinkle incentive dust on fat cats. Then there's also the usual government spending on education, infrastructure, and research that does grow the economy. Obama hasn't been able to focus on that because he's been busy cleaning up the latest GOP SSE mess.


That's one. And there's Hobby Lobby, which didn't save businesses any money. He's being sued over immigration. I don't see how that will save businesses any money. Some states are suing over clean water regulations. I suppose freedom to poison water can be a cost savings.

The GOP is suing him over the ACA. Business generally opposes that.

Got any more?

>>he has cost them money but then again that is why prices have also increased and wages haven't. average american maybe gets 1-3% raise a year.

Inflation at lowest level in fifty years. Stagnant middle-class wages since the onset of this SSE bull**** under Reagan. There's two fallacies for you.

Lol !!!

Yep, 93 Million working age Americans NOT working or under employed is the new normal all right.

Ridiculous.

 

[Gimmesometruth]

Lol !!!

Yep, 93 Million working age Americans NOT working or under employed is the new normal all right.

Ridiculous.

Under current world economic conditions, which nation can you point to whose policy we should be emulating?

 

[Absentglare]

Lol !!!

Yep, 93 Million working age Americans NOT working or under employed is the new normal all right.

Ridiculous.

Fenton your arguments are completely without merit.

You are seriously claiming that President Obama has nothing to do with the economic growth under his presidency, and claim that a republican/conservative under the same conditions could claim responsibility for any ensuing prosperity.

I gotta tell you: republican/conservative presidents have been routinely steering our economy into the toilet. Luckily, as i said, the president doesn't have THAT much control over the entire economy, so the effect isn't the complete disaster that their nonsense, unjustifiable, empirically disproven economic policies are.

 

[Fenton]

Under current world economic conditions, which nation can you point to whose policy we should be emulating?

Lol..

The worlds economies ARE still struggling aren't they ?

Hmmm...I wonder why ??

Oh I know why. Americans are the world's consumers.

300 Million people buying imports from China and Japan, etc. There are far reaching consequences to the Global economy when the American economy remains stagnant for so long.

There are far reaching consequences to electing a community organizer radical with a paper thin resume too. Well, they go hand and hand.

The upisde, ( I guess ) to equating empty platitudes and bumper sticker slogans to Presidential qualifications....twice ...is watching all of the Worlds Socialist parasitic economies crash and burn.

Greece, Venezuela, Argentina, France...

Apparently Socialism cannot exist without a endless supply of borrowed money. Well, thats no surprise.

 

[Fenton]

Fenton your arguments are completely without merit.

You are seriously claiming that President Obama has nothing to do with the economic growth under his presidency, and claim that a republican/conservative under the same conditions could claim responsibility for any ensuing prosperity.

I gotta tell you: republican/conservative presidents have been routinely steering our economy into the toilet. Luckily, as i said, the president doesn't have THAT much control over the entire economy, so the effect isn't the complete disaster that their nonsense, unjustifiable, empirically disproven economic policies are.

What " economic growth " ??

He has everything to do with the fact that 93 million Americans of working age are either jobless or under employed

He has everything to do with millions of people being added to the food stamp rolls and millions of people now claiming disability. ( and I thought Liberals were sympathetic and caring people....No ? ) Nope !

He has everything to do with this explosion of part time jobs and loss off full time positions and the Trillions in new debt over the last 7 years.

He has everything to do with a GDP thats basically stagnant 7 years into his Presidency. And thats a GDP thats stagnant after Trillions in new spending.

So much for the myth that Government spending grows economies.

Again, Obama ( after a failed stimulus ) thought it was necessary to mandate cost increases on Corporations, Bussiness and the Middle class through a disastrous Health Care law years before it was enacted.

A law that targets the discretionary income of the Middle class. You see the " Rich " can afford Healthcare cost increases and the poor qualify for 100 percent subsidized Health Care.

ObamaCare was designed ( as are most Progressive initiatives ) to remove more and more of the Middle classes discretionary income.

A law that raised taxes and has contributed to Corporations and investors sitting on vast piles of wealth instead of investing it in our economy where it would create new jobs.

Its a law that has " Affordable " in its title, but has led to spikes on Insurance premiums and out of pocket expenses....Lmao !!

If Healthcare wasn't " affordable " back in 2008 ( why we apparently needed that stupid law ) HOW is it MORE AFFORDABLE now that rates have increased every friken year ????

If you dont like Conservatives critiquing the glaring failures of your Politicians might I suggest you stop voting Democrat.

Better yet, next time before you decide your'e going to put some left wing stuffed suite, radical clown in the White House, take a whole 10 minutes and actually vet your candidate.

The rest of us would sure appreciate it.

 

[Absentglare]

Fenton go read the sources above. The GDP has not stagnated. You're just spouting off conservative fantasy nonsense.

 

[ludin]

That's one. And there's Hobby Lobby, which didn't save businesses any money. He's being sued over immigration. I don't see how that will save businesses any money. Some states are suing over clean water regulations. I suppose freedom to poison water can be a cost savings.

actually it did save them money as the cost to cover their employee' goes down it also saves their employee's money as the bigger chance that HL would have passed the extra cost onto them or you the consumer. so it was a win-win.
poison water :lamo where do you guys come up with this stuff. the clean water act has nothing to do with poisoning water. what it does have to do with is keeping the EPA from grabbing land from private owners.

The GOP is suing him over the ACA. Business generally opposes that.

yep because it has added millions to the cost of doing business. of course you don't see why that is a deterent to most small businesses looking to expand and they can't because they can't
afford the huge payout that is involved.

Got any more?

Yep he lost the labor board ruling which their unconstitutional rules were costing businesses even more money

Inflation at lowest level in fifty years. Stagnant middle-class wages since the onset of this SSE bull**** under Reagan. There's two fallacies for you.

yet prices and costs continue to outpace wage earnings. hmmm i know liberal ideology and critical thinking don't go hand in hand, but this just takes the cake.
the raise you get at work might outpace the increase of 1-2%. so even if inflation goes up 1% (which is bad in another way) you get a 2% raise 50% of your raise is lost
due to higher prices.

now that some places are artifically raising wages above where they should be companies are responding by raising prices even higher.

 

[ludin]

Fenton go read the sources above. The GDP has not stagnated. You're just spouting off conservative fantasy nonsense.

https://www.google.be/search?sa=X&b...ved=0CCEQth8wAGoVChMI9_2tlqXqxgIVQa8UCh3JsQ0X

umm yea it is stagnant.

the typical GDP for an after recession recovery should be 7-10% increase.
obama 3-4% maybe.

US GDP Growth Rate by Year

yea it is stagnant.

 

[MTAtech]

there is a fallacy for you.

the other choice is that businesses will do what businesses have to do in order to thrive regardless. they will find ways to work around what is there.
in this case businesses have constantly sued the crap out of obama for unconstitutional behavior and for the most part have won.

the most recent being the SCOTUS siding against the EPA.

he has cost them money but then again that is why prices have also increased and wages haven't.
average american maybe gets 1-3% raise a year.

Or the narrative that Obama is anti-business, is just a myth.
President Obama Slays Business Killer Myth | Earl Ofari Hutchinson

 

[MTAtech]

https://www.google.be/search?sa=X&b...ved=0CCEQth8wAGoVChMI9_2tlqXqxgIVQa8UCh3JsQ0X

umm yea it is stagnant.

the typical GDP for an after recession recovery should be 7-10% increase.
obama 3-4% maybe.

US GDP Growth Rate by Year

yea it is stagnant.

GDP indeed has grown and the growth after a recovery is different depending upon the recovery. The Fed induced recession on 1980-82 was followed by strong growth once the Fed relaxed interest rates it had raised to double-digits. The 2008-9 recession wasn't that type of V-shaped recession. It was a recession based upon leverage and it takes time to deleverage. The fact that we didn't have a ten-year slump, like the Great Depression, is credit due Obama.

...

 

[Unrepresented]

If he were a CONSERVATIVE, and not just a Republican the people on the right would have every right to brag about the booming economy.

A real Conservative would do what's necessary to promote private sector investment and that would lead to new jobs

I often wonder if certain posters are aware of how many eye rolls they inspire in those reading their posts.

 

[ludin]

Or the narrative that Obama is anti-business, is just a myth.
President Obama Slays Business Killer MythÂ*|Â*Earl Ofari Hutchinson

i could careless what huffpo says. they are the rag for the democratic party day in and day out.

Obama's Slams Small Businesses With Excessive Regulations - US News

lets look at a real news source.

55 percent of small business owners would not start company today, blame Obama | Washington Examiner

yet another real news source.

 

[ludin]

GDP indeed has grown and the growth after a recovery is different depending upon the recovery. The Fed induced recession on 1980-82 was followed by strong growth once the Fed relaxed interest rates it had raised to double-digits. The 2008-9 recession wasn't that type of V-shaped recession. It was a recession based upon leverage and it takes time to deleverage. The fact that we didn't have a ten-year slump, like the Great Depression, is credit due Obama.

]

yet another fallacy. because it wasn't a 10 year slump. you realize that most recession on average last < 1 year. they don't last 3 or 4 years.
do you realize that GDP growth should be between 5-8% in a good economy not 3.5% maybe 2%?

we spent trillions of dollars and have little to show for it. that is not what i call a success.

i am still waiting for the ACA to be affordable. i will let you know how much my insurance skyrockets this year.

 

[iguanaman]

We've had our share of Obama-likes here in Canada in our past and we don't need one right now. Fortunately, our Conservative federal government has been good fiscal managers and after all the stimulus spending and other incentives to help recover from the 2007/2008 fiscal mess that was none of our doing, we're now poised for budget surpluses starting next year. At the Provincial level, our Liberal government through over a decade of fiscal mismanagement has seen another credit rating cut just today and the debt just keeps piling up.

But you're right - we tend to discount the good done by those on the other side of the ideological scale. This conservative, however, had nothing but good things to say about a former Liberal federal government here back in the late 1990s who worked austerity magic to recoup our triple A credit rating and save us from unmanageable debt and deficits - they did a great job and many on the left hated them for it.

I try to credit/criticize policies, not where they come from, although I generally favour conservative politicians because at least they try to be fiscally responsible even though they sometimes fail.

Negative growth for 4 months and you are trumpeting budget surpluses? Here in American we call that a recession and it does not bode well for the future. Budget surpluses will do nothing to get you out of it. In fact they will exacerbate the recession.

 

[pinqy]

Lol !!!

Yep, 93 Million working age Americans NOT working or under employed is the new normal all right.

Ridiculous.

What are you classifiying as "working age" and what are you classifying as "under employed?"

 

[MTAtech]

yet another fallacy. because it wasn't a 10 year slump. you realize that most recession on average last < 1 year. they don't last 3 or 4 years.
do you realize that GDP growth should be between 5-8% in a good economy not 3.5% maybe 2%?

we spent trillions of dollars and have little to show for it. that is not what i call a success.

i am still waiting for the ACA to be affordable. i will let you know how much my insurance skyrockets this year.

According to World Bank data the average GDP growth from 1985 to 2004 was 3.24% and there was not a single instance of growth greater than 4.7% (1999 - during the Clinton boom.) That's a 30 year period that included good economy years. GDP growth of 5-8% hasn't occurred since 1984 and then dropped down to 4.1%. Once in 40 years is not what I would call typical economic behavior. The Fed target is 2%.

 

[iguanaman]

yet another fallacy. because it wasn't a 10 year slump. you realize that most recession on average last < 1 year. they don't last 3 or 4 years.
do you realize that GDP growth should be between 5-8% in a good economy not 3.5% maybe 2%?

we spent trillions of dollars and have little to show for it. that is not what i call a success.

i am still waiting for the ACA to be affordable. i will let you know how much my insurance skyrockets this year.

When is the last time we had 5-8% growth? We have not averaged 5% growth over a decade since the 1960's.