Why would anyone want the economy to continue as it has under Obama?

[Donc]

Govt. austerity is a must because we cannot afford a 16 trillion dollar debt that is projected to be well over 20 trillion in another four years. Govt. austerity has nothing to do with private sector spending including consumer spending. With lower taxes consumer spending increases and the economy will grow better than the 1.3% now. You don't seem to understand the private sector economy at all.

what you're saying(austerity)is we need more dough. that is what Obama has offered in the past but the baggers have rejected it.

 

[JEthrid]

Please give me a reason that the Obama economic record deserves four more years? Seems that the economic analysis is right on and that is what the projections are based upon. When it boils right down to it people will always vote their pocketbook and their pocketbooks says we cannot afford four more years. 330 electoral votes isn't a landslide like Reagan won in 1984

The economy is improving slowly, but steadily. It takes time to accomplish anything, just like getting an education, or developing your physical health. People can't expect the economy to recover from 21 years of operations and wars in the middle east in just four years. You claim Romney is a great economist, but he voted against the auto bailout claiming it would never work, even though GM had record profits the year after. I'm not saying Obama is the answer, or that he's all that great. But voting for a third party does no good, and he's better than the alternative.

 

[Conservative]

So you don't think that when the dow hit 14k it was a part of the Bush record?

Does it matter today?

 

[Conservative]

what you're saying(austerity)is we need more dough. that is what Obama has offered in the past but the baggers have rejected it.

We do indeed need more spendable income and that spendable income comes from reduction in the size and cost of the govt? Govt. spending creates debt and that increases the burden on the taxpayers. Debt service today is one of the largest budget items so tell me how govt. spending reduces debt service?

 

[winston53660]

Does it matter today?

Well I guess if one just wants to make up BS sophistry as thy go along it doesn't matter all tht much.

 

[Conservative]

The economy is improving slowly, but steadily. It takes time to accomplish anything, just like getting an education, or developing your physical health. People can't expect the economy to recover from 21 years of operations and wars in the middle east in just four years. You claim Romney is a great economist, but he voted against the auto bailout claiming it would never work, even though GM had record profits the year after. I'm not saying Obama is the answer, or that he's all that great. But voting for a third party does no good, and he's better than the alternative.

How can the Obama results be better than the alternative? do you believe GDP growth of 2.4% to 1.8% to 1.3% Growth is headed in the right direction? Do you believe a U-6 unemployment of 14.2% when Obama took office vs a 14.7% rate today is headed in the right direction? Do you believe that trillion dollar deficits all four years of Obama is headed in the right direction? Just trying to understand what the right direction is in the Obama world?

Do you have any idea where GM makes most of their money? You call record profits and owing the taxpayer 25 billion dollars is a success story? When can the taxpayer expect its money back or do you care?

 

[Eighty Deuce]

Okay, research done and Romney would have let GM and Chrysler fail.

No. Folks forget that GM and Chrysler did go through a bankruptcy process under Obama. But after Obama used bailout money to restructure its debt obligations, with the only winner being the Unions. Romney advocated bankruptcy first, and then government loan guarantees after. GM and Chrysler would have survived more viable under Romney.

What we ended up stuck with via Obama is about $35 billion lost. The post above mine quotes "$ 25 billion", but I believe it omits that GM was allowed to forego $10 billion in tax obligations.

 

[Sheik Yerbuti]

You clearly cannot read. The orange line is from the middle of 2009, which also shows a slope less than the 2003-2007 trajectory. Its not the same.

Well if nothing else, you clarify you were being dishonest. Again, the first data point you intersect on that chart is in January, 2009. Not from where GDP was at in mid-2009.

G'head, say again how I'm the one who can't read a chart. :roll:

 

[Samhain]

Well if nothing else, you clarify you were being dishonest. Again, the first data point you intersect on that chart is in January, 2009. Not from where GDP was at in mid-2009.

G'head, say again how I'm the one who can't read a chart. :roll:

Maybe you are color blind. There are 4 data points in 2009, none of which represent January. The red line goes through the first one, which is March, the orange line goes through the second one, which is May.

Or maybe you are talking about the second blue line. That is the same slope as the original and was moved down so you didn't have to move your eyes so much.

 

[Born Free]

I don't have faith in your Messiah. Sorry. I don't think the differences between Obama and Romney is as big as you'd like them to be. I don't think he'll succeed in balancing the Federal budget because he doesn't have to legally.

Geeee I just pointed out Obama's failures and Romney's successes. And you think there is no differences between the two. You can't determine or evaluate failure form success.

I also refuse to vote for anyone who has such disdain for working class folks as Romney demonstrated in his 47% comments. He hates me, I hate him. It's not hard.

And Biden said their going to put yoou-alll back in chains. Better look out the chains and locks are coming to your door step.

 

[JEthrid]

How can the Obama results be better than the alternative? do you believe GDP growth of 2.4% to 1.8% to 1.3% Growth is headed in the right direction? Do you believe a U-6 unemployment of 14.2% when Obama took office vs a 14.7% rate today is headed in the right direction? Do you believe that trillion dollar deficits all four years of Obama is headed in the right direction? Just trying to understand what the right direction is in the Obama world?

Do you have any idea where GM makes most of their money? You call record profits and owing the taxpayer 25 billion dollars is a success story? When can the taxpayer expect its money back or do you care?

The U-6 includes people who aren't looking for jobs, which is why the U-3 is more commonly used. The unemployment rate is decreasing (7.8%), jobs are being created (44,000 just in health care in September), and we are finally getting out of the Middle East. I would say that's heading in the right direction. Even if Romney's economic plan is better, as an OIF veteran, I can't support a guy who wants to go into Iran in search of more "nuclear weapons". The wars in the Middle East have been going on for thousands of years, and Romney seems arrogant enough to think he can "liberate" them, without understanding the culture, religion, or values they have. We shouldn't let Iran obtain nuclear warheads, but it doesn't take an army to prevent it.

 

[Travis007]

Well if nothing else, you clarify you were being dishonest. Again, the first data point you intersect on that chart is in January, 2009. Not from where GDP was at in mid-2009.

G'head, say again how I'm the one who can't read a chart. :roll:

Thank for showing us that you dont have a clue.. wow... you only proved we need a test before people should be allowed to vote..

 

[Travis007]

The U-6 includes people who aren't looking for jobs, which is why the U-3 is more commonly used. The unemployment rate is decreasing (7.8%), jobs are being created (44,000 just in health care in September), and we are finally getting out of the Middle East. I would say that's heading in the right direction. Even if Romney's economic plan is better, as an OIF veteran, I can't support a guy who wants to go into Iran in search of more "nuclear weapons". The wars in the Middle East have been going on for thousands of years, and Romney seems arrogant enough to think he can "liberate" them, without understanding the culture, religion, or values they have. We shouldn't let Iran obtain nuclear warheads, but it doesn't take an army to prevent it.

thanks for the laugh..

 

[Conservative]

The U-6 includes people who aren't looking for jobs, which is why the U-3 is more commonly used. The unemployment rate is decreasing (7.8%), jobs are being created (44,000 just in health care in September), and we are finally getting out of the Middle East. I would say that's heading in the right direction. Even if Romney's economic plan is better, as an OIF veteran, I can't support a guy who wants to go into Iran in search of more "nuclear weapons". The wars in the Middle East have been going on for thousands of years, and Romney seems arrogant enough to think he can "liberate" them, without understanding the culture, religion, or values they have. We shouldn't let Iran obtain nuclear warheads, but it doesn't take an army to prevent it.

You continue to miss the point which is people are discouraged and people aren't looking for jobs. In addition those who had their 2 YEARS of unemployment insurance are taking part time jobs thus are part of the 9.9 million under employed. The jobs being created are representative of the entire Obama agenda, part time work and govt. dependence.

We are getting out of the Middle East by turning a victory into a loss in Iraq and part of the Status of Forces Agreement signed by the Bush Administrtion calling for the removal of all combat troops from Iraq. Obama lost the peace by not working with the Iraq Govt. to keep some troops in the country.

Please show me where Romney has proposed going into Iran? What Romney won't do is throw Israel under the bus and do you have any idea what Iraq with a nuclear weapon will do to the region and our ally Israel.

 

[Donc]

We do indeed need more spendable income and that spendable income comes from reduction in the size and cost of the govt? Govt. spending creates debt and that increases the burden on the taxpayers. Debt service today is one of the largest budget items so tell me how govt. spending reduces debt service?

Thata be taken care of next year and BO wont have to do a thing,just let the bush taxcuts expire.Note the biggest cause?:2wave:

 

[Conservative]

Thata be taken care of next year and BO wont have to do a thing,just let the bush taxcuts expire.Note the biggest cause?:2wave:

LOL, still waiting for you to explain where Tax cuts are in the line item expenses of the Federal Govt and how you keeping more of what you earn is an expense to the govt? Anytime you post that tax cuts are an expense you lose any argument but do show how brainwashed you are

Oh, by the way, TARP was a loan that has been mostly paid back, where is that reduction in the debt?

 

[Donc]

LOL, still waiting for you to explain where Tax cuts are in the line item expenses of the Federal Govt and how you keeping more of what you earn is an expense to the govt? Anytime you post that tax cuts are an expense you lose any argument but do show how brainwashed you are

Oh, by the way, TARP was a loan that has been mostly paid back, where is that reduction in the debt?

this was your quote wasn't it?

Govt. spending creates debt and that increases the burden on the taxpayers.
Debt service today is one of the largest budget items so tell me how govt. spending reduces debt service?

I just showed you a way of reducing it and what do i get for a response?A lame ass diversion attempt.

 

[Conservative]

this was your quote wasn't it?



I just showed you a way of reducing it and what do i get for a response?A lame ass diversion attempt.

Yep, that was my quote and I stand by it, so tell me what that has to do with tax cuts? Do you understand where the govt. gets the money from in the first place? Didn't think so.

Still waiting for you to explain how you keeping more of your own money is an expense to the govt? Do you need more or less govt. services when you keep more of what you earn? Also where is the TARP repayment in the Debt numbers?

 

[AdamT]

LOL, still waiting for you to explain where Tax cuts are in the line item expenses of the Federal Govt and how you keeping more of what you earn is an expense to the govt?

This has been explained to you a thousand times and you keep asking the same stupid question as if it had never been answered before.

 

[JEthrid]

You continue to miss the point which is people are discouraged and people aren't looking for jobs. In addition those who had their 2 YEARS of unemployment insurance are taking part time jobs thus are part of the 9.9 million under employed. The jobs being created are representative of the entire Obama agenda, part time work and govt. dependence.

We are getting out of the Middle East by turning a victory into a loss in Iraq and part of the Status of Forces Agreement signed by the Bush Administrtion calling for the removal of all combat troops from Iraq. Obama lost the peace by not working with the Iraq Govt. to keep some troops in the country.

Please show me where Romney has proposed going into Iran? What Romney won't do is throw Israel under the bus and do you have any idea what Iraq with a nuclear weapon will do to the region and our ally Israel.

There was never a victory in the Middle East. We invaded when it was in turmoil, and it never changed while we were there. The reason to invade was a lie, and a waste of goverment funding. Obama didn't lose any peace because there was never any to lose.
As for Romney's plans for Iran, I think Paul Ryan leaked them in the VP debate, not to mention the motivation on Romney's campaign website. Given Obama's record with the Middle East (Osama, Anwar Al-Awlaki, Abu Hafs al-Shahri, Atiyah ‘Abd al-Rahman", and many others), he won't let Iran gain nuclear capabilities. He doesn't need an army to prevent it either.

 

[Donc]

This has been explained to you a thousand times and you keep asking the same stupid question as if it had never been answered before.

Check out this flick Adam,pay attention at the 1.30 min mark and tell me who that reminds you of.:mrgreen:

 

[Conservative]

There was never a victory in the Middle East. We invaded when it was in turmoil, and it never changed while we were there. The reason to invade was a lie, and a waste of goverment funding. Obama didn't lose any peace because there was never any to lose.
As for Romney's plans for Iran, I think Paul Ryan leaked them in the VP debate, not to mention the motivation on Romney's campaign website. Given Obama's record with the Middle East (Osama, Anwar Al-Awlaki, Abu Hafs al-Shahri, Atiyah ‘Abd al-Rahman", and many others), he won't let Iran gain nuclear capabilities. He doesn't need an army to prevent it either.

You what you are saying is that you bought the Obama rhetoric in 2008 and now continue to buy the rhetoric while ignoring the results but prefering to buy the rhetoric about Romney and what you perceive? It really is a shame that people like you will continue to blame someone other than Obama for worse results today than Bush had for his 8 years but continue to buy the media and leftwing spin. Bush isn't on the ballot in November, the Obama record is

 

[IndepCentristMA]

Wait ... what??

Then why was Romney thrown out of office with a job approval rating in the mid-30's?

For being a Republican in MA at the height of the anti-Bush sentiment... and the uncertainty about his new healthcare plan...

It's funny that you look to "approval rating" as proof of whether his policies worked...

- How about 4 years of a balanced budget, closing the largest budget deficit in MA history at the time, and creating a $2B surplus by the end of the 2nd year... without raising personal income taxes (even in taxachusetts)?

- How about raising MA from 50th in job growth in the nation when he came in to 26th in job growth in his last year in office... even at a time when much of the nation was growing...

- How about dropping unemployment from 5.6% to 4.7%? It doesn't get much lower... and I'm sure we would have quite a few takers on trading for the unemployment percentage right about now...

- How about straightening out the Big Dig, the largest construction project in the history of the US?
- How about creating the first ever healthcare plan that increased coverage, without increasing costs on the taxpayers?
- How about restoring MA schools to being #1 in the nation?
- How about taking care of MA national guardsmen?
- How about increasing penalties on drunk drivers?
- How about getting forced resignations from numerous redundant 6-figure executives, such as Whitey Bulger's brother, and the guy who messed up the Big Dig?
- How about keeping 40 of 44 campaign promises?
- How about being the first Governor in MA history not to pardon or commute any sentences?

How about doing all of those things despite an 87% opposition party controlled legislature?


Again... If Obama had the record Romney does... he'd be running on it... not running from his own record....

 

[JEthrid]

You what you are saying is that you bought the Obama rhetoric in 2008 and now continue to buy the rhetoric while ignoring the results but prefering to buy the rhetoric about Romney and what you perceive? It really is a shame that people like you will continue to blame someone other than Obama for worse results today than Bush had for his 8 years but continue to buy the media and leftwing spin. Bush isn't on the ballot in November, the Obama record is

It is a shame that posts are read with a predetermined mindset. Romney's lack of details on any of his plans, his contradiction throughout his campaign, and his tax rate are other reasons why he won't receive my vote (or Ohio's), and lose the election.

 

[Bronson]

Economists: Unemployment Still 7.8 Percent in a Year | The Blog on Obama: White House Dossier

The Outlook expects GDP growth to rise a paltry 1.9 percent this year and only 2.4 percent next year, with levels approaching normal – albeit unremarkable – growth of 3 percent only by the end of 2013.

The forecasters expect litte change in the federal deficit, saying it will remain close to the $1 trillion mark at $950 billion in 2013.