for obama's deft handling of the economy, or we'd have an unemployment rate in the 'teens'.
(Please note the hint of sarcasm) |
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He argued that the "Stimulus" plan would keep unemployment from going over 8% and all the libs blindly believed him.
Who is the more foolish, the fool or the fool who follows him? |
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We all know that without the election of our Golfer in Chief unemployment would have been 20.5%. That is the President saved or created 7.5 million jobs -mainly in China. |
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through central planning! |
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I just dropped in on this thread to see what the spin from our reliable liberal antagonists will be. Looks like they haven't had time to develop their talking points yet, but then, its still early. |
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Actually it isn't. I just wanted to beat the liberal idiots to the punch. |
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They're really annoying, getting in the way of things like flying without an airplane, teleporting across the Universe, getting to Mars in under two hours. It's like, what, raising taxes and deficits into the stratosphere and expecting unemployment to go down or something. |
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How bad would it be if Obamao hadn't saved those 650,000 jobs by spending hundreds of billions on the stimulus package? |
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But 7.3 million jobs have been lost since the beginning of last year.
so please explain how Prez Obama caused this to happen in 10 months in office?
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unemployment at 10.2% if this were Bush the press and media would be screaming with Obama it is unsaid, the media is also incompetent and on the take.
Obama also is extremely insensitive as he goes on the TV yesterday while the FT. Hood killings are going on the President "gives a shout-out" to an Indian and ignores the killings while he continues his teleprompter speech-what s dunce!
When will the rest of you realize how incompetent this man really is?
Everything he has done has been handed to him from his diplomas to his Illinois Senate seat to his Presidency he has no experience and it is killoing our beloved country.
The politically correct has allowed a sick muslim into our military while he rants about America vs muslims and then kills 30 Americans. Muslims should not be allowed in our country they are here only to subvert Democracy and install Sharia Law as the koran demands while PC's act as if they truly want our freedoms. |
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We can start with Obama's demonizing of corporations, the Rich, even the Chamber of Commerce. He uses his office and czars to single out industries or companies to terrorize them. No one will hire, expand, borrow or anything until He is gone. With His cronies Pelosi and Reid threatening to put more burden on the Rich and businesses, no wonder everyone is freezing their spending. I'm not buying ANY big ticket item until He's gone or made into a lame duck (which will probably happen in Feb when worse numbers come out). My family is saving our money for hard times which are here now. |
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The President and Congress said that unemployment would not get this high if the stimulis was passed. Obama promised this would not happen. So if you believed Obama in the spring, then it is not so much that Obama caused this to happen, he allowed it to happen. |
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Noone is saying your hero caused it. We're saying that he could have avoided the rise by lowering taxes on businesses and individuals to get the money flowing. It works every time, but he knows that if he lowers tax revenues and keeps spending like a drunken sailor even you loafer lickers will figure out that we're deeper in a hole. You libs look to be getting your health care, but in the mantime his lack of focus on the economy is costing you losers your jobs. Take that free insurance down to the grocery store and see how well you can feed your family. You libs can't see the forest for the trees. Enjoy it while you can. |
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I have never seen a more delusional party than this party led by Obama. Unemployment is rising with no end in sight as Obama's agenda of killing jobs moves forward. The numbers are there and yet these deluisional democrats still talk about jobs saved as being counted as new jobs. No one has ever heard of this before Obama came into office. Plain facts do not come into the equation with liberals. Facts don't matter, what matters is their control. The idiots who voted for these incompetents still believe what they are told. If you notice, 99% of all jobs saved are government jobs. The stimulis money is only going to fund local and state budgets, nothing is hitting the private sector where real jobs are created. But people still don't get it. |
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how much actual influence does the potus have on the u.s. economy?
bonus for "real answers" |
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Look at the bills passed or being discussed: cap and trade, health care, ect. Must of these will cause an increase in business costs and hate employment even further. Look at the language of Congress and the Administration and you will an anti capitalist and anti business mentality.
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By 'saving' 740K jobs (and remember the one where over 900 jobs were saved in a place that only employed 500), that kept the unemployment rate from being 10.5%. And that's a success afer Obama claimed the 'stimulus' would limit unemployment to 8%.
Damnit....I keep running out of those bridges to Brooklyn. |
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"how much actual influence does the potus have on the u.s. economy?"
It depends. When Bush was in office, the POTUS evidently had complete control of the economy, since liberals blamed him for everything that happened. Now that Obama's in office, the POTUS evident has zero control of the economy, because liberals refuse to blame him for anything.
Why the double standard? |
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That you ask "how did Obama cause this to happen in 10 months in office" clearly illustrates that you are economically illiterate and ignorant. Given these facts, it amazes me that you continuously come to TH and sanctimoniously spew your leftist garbage.
Obama has directly contributed to the rise in unemployment by not only demonizing business, but setting the conditions that cause businesses to layoff workers, i.e the higher cost of doing business (higher taxes, the rise in minimum wage, mandated benefits (health care), etc. just to name a few). The economy looks forward, not backwards.
I highly recommend you read Thomas Sowell's book "Basic Economics" and Henry Hazlitt's "Economics in One Lesson." You obviously need some instruction in basic economics and could use the lesson.
BY the way, how old are you? Do you even have a high school level education? I think my dog has more common sense than you.
De Oppresso Liber
Molon Labe |
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Your comment to Left Angle, TOUCHE! Well done!
De Oppresso Liber
Molon Labe |
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It boggles the mind doesn't it. I guess obama is just plain talented. |
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Hows that HOPE and CHANGE doing for you LIBERAL IDIOTS
Unemployment 10.2%
When the HELL did we ever consider A PAY RAISE as an Employee being HIRED OR A JOB SAVED
SLIP SLIDING AWAY, SLIPE SLIDING AWAY HEY LIBBIES
WHEN ARE YOU GOING TO COME OFF THAT MESAIH HIGH YOU ARE ON AND REALLY SEE WHAT IS HAPPENING TO OUR COUNTRY.
LIBS ARE DOING TO THE COUNTRY WHAT THEY HAVE DONE TO MY RACE PUTTING US ALL ON THE PLANTATION/GOVERNMENT CONTROL
REMEMBER THOSE IDIOTS CLAIM TO KNOW WHATS BEST FOR US SO I GUESS THEY WILL CLAIM THIS IS GOOD FOR OUR COUNTRY THAT IS BEING PIMPED OUT BY THIS PRESIDENT AND YOUR LIBERAL IDIOTS IN CONGRESS JUSTR SO WE CAN BE LIKE OTHER THIRD WORLD COUNTRIES
YOU LIBS ON HERE SHOULD BE TAKEN OUT BACK TO THE WOODSHED AND SHOWN THE WAY
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The only thing that has been stimulated in this country is the ATTACKS ON THE AMERICAN PEOPLE BY THE SAME GROUP OF PEOPLE THAT LIBS SUPPORT DAILY
M U S L I M S TERRORIST
REMEMBER THEY WILL LEAVE US ALONE IF WE JUST TALK AND PAY(appease) THEM
OBAMAS WORDS
I KNOW YOU LEFTWING IDIOTS WILL CLAIM THAT NOT ALL MUSLIMS ARE BAD PEOPLE, WELL SOMEONE HAD BETTER SHOW ME THE GOOD ONES BECAUSE EVERYTIME WE READ SOMETHING ABOUT OUR CITIZENS BEING MASACRED ITS FROM THOSE SAME MUSLIMS YOU LIBS LOVE AND SUPPORT |
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right wingers please explain
But 7.3 million jobs have been lost since the beginning of last year.
so please explain how Prez Obama caused this to happen in 10 months in office
_____________________________________________________
1) Allow the Bush tax cuts to expire.
2) Raise minimum wage
3) Impose Cap & Trade taxes
4) Impose Socialized Health Care legislation
5) Spend nearly a trillion dollars on Liberal Stimulus (while calling it "economic stimulus").
6) Render legal and binding contracts null and void (remember the Chrysler shareholders getting the shaft and the unions getting the company?)
7) Take over Banks and set new pay standards
8) Take over the auto industry and set new pay standards.
There's a start for you. It's a wonder it is only 10.2%! |
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Does this mean that Obama is lying again? |
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Hmmm...since 1983. Let's review. Who was in office in 1983? Who had been in office for NEARLY 3 YEARS in 1983? Who had inherited an unemployment rate of 7.5% in January of 1981?
Ronald Reagan. |
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reasons, Homes. Honor, Bravery, Resolve, Follow-Through, Action and the ongoing goal to take the war to the savages that declared it on us.
Lemme see now...Unemployment on January 20th..? And, unemployment under Bamster and his Stimulous Trillion+Ponzi at 9+months..? |
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New taxes for health care will slow the economy.
Higher energy prices resulting from cap & trade will slow the economy.
Allowing any of GWB's tax cuts to expire will slow the economy.
Watch out for the huge 2011 recession!
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His economics lead to a short term loss but lead to long term prosperity.
Does anyone here think that the Adminstration and Congress are moving us in that direction? If so how?
Most of his economic policies have deferred and/or amplified problems. The cash for clunkers? Bailouts to the auto industry with out addressing their long term issues?
10.2%: how high can this go? |
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Who was Fed Chairman in the early 1980's ??
Answer is Paul Volcker. He sharply slowed the economy on purpose with Fed monetary polcies to end the Jimmy Carter double digit inflation.
Reagan's policies enabled recover from all of that and 25 years of upward trends to economic growth.
Now, let's focus on 2009, 2010, and 2011 |
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I read somewhere that the unemployment rate is over 16% if all of the factors of people not looking for employment etc.
I am not an economist but I know you can't spend your way to prosperity ala Biden's stupid comment a few weeks ago.
Welcome back Carter! (Jimmy that is...)
I get a little repetitive every now and again but:
A government big enough to give you everything you want, is strong enough to take everything you have... T. Jefferson.
Remember, that everything that happens to our economy, security, taxation, liberties etc is on Obama's shoulders since he is president as of 20 Jan 09.
He is black... so what! I am just angry at his policies and overall dishonesty.
BTW: while we are all going on and on about this government taking over 1/6th of our economy with the take over of our health care system other things are happening:
The VA Medical Centers are running out of monies! The medicine is being delayed being mailed out since they have to put up with lack of funding. The VA system is not funded! The Congress and Senate have turned a blind eye to the veteran. They are more interested in money and power: Cap and Trade (Tax) and the take over of the health care system. |
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and the economy is in full recovery with job creation while Prez Obama is still in office,
It WONT be because of ANYTHING he did?
rotflamo
your right winger absolutely kill me.. |
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well if we think about all the foolish remarks Obama makes when off teleprompter - we have a little insight into his shallow thought process.
He is responsible for the lag in the American economic engine lurching forward - because he has frightened the very people that propel a recovery. His far left radical agenda (the agenda many Americans did not take seriously) - the agenda that many thought could not ever be a serious mindset of this "brilliant" man - right!!
Well here we are Obama voters - here we are!!!
When the commander in chief appears before "we the people" after the horrid incident at Ft Hood - and goes on about his meeting with American Indians for a full two minutes - instead of acknowledging the somber tragedy - we have got to gasp and realize - this is not a man driven by patriotism. |
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we have 3 loooooooonnnnnnnggggggg years left. I just wanna say, "Goodluck, and we're all counting on you." |
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you are benefiting from hindsight. When the unemployment rate under Reagan was that high, no one knew what would happen. So, how about just cutting this administration some slack? These events go back to bush. |
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you mean like the economies turn around in Europe where they practice the same economic philosophies? |
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Who asked:
". . . right wingers please explain But 7.3 million jobs have been lost since the beginning of last year.
so please explain how Prez Obama caused this to happen in 10 months in office?"
He actually caused it, and is causing even more as we speak. His ridiculous policy is killing jobs.
We'll never recover some of them; since he's left the economy to simplistic fools he calls czars, while he dithers around having a fine time.
A hundred banks have crashed. The loans from such sources are dried up, so small business goes broke. Less hiring is the result.
He gave away the auto industry to UAW goons. He signs for PORK BARRELS, while Pelosi runs up the bills and then he spouts out lies about the "last eight years."
P Diddy would make a more active leader.
FYI, Left dangle; the office of the president is where the buck stops. Obama's NOT a leader! |
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What is in the Administration or Congress' policies that will decrease the private sector's unemployment rate in the next two or three years?
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The economy started to decline in 2007 with the Deomcratic Control of Congress. Maybe the key is to remove the Democratic Control of Congress? |
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http://www.thefreemanonline.org/columns/not-so-fast/the-“st imulus”-stopped-the-recession/
"An economy is not a “blob” into which people pour money, the Keynesian view. It is an intricate combination of factors of production which individuals harness to meet the real needs of real people. It is a process constrained by the law of scarcity, which means that the workings of an economy – if individuals are permitted the freedom necessary to make it work – are going to be directed toward individual needs.
Factors used for one purpose cannot simultaneously be used for something else, and it matters that these scarce factors be directed properly. Unfortunately, the dominant thinking among professional and academic economists is that the economy is an empty tank into which one pours the fuel of money and magically it “creates jobs” and goods. This is as nonsensical as Aaron’s explanation to Moses that the Golden Calf simply rose out of a fire after he threw a bunch of gold jewelry into it." |
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When the Economy Turns Around, Hell your idiot leaders up there wouldnt know anything about that for all they care about is SOCIALISING AMERICA with this Health Care Bill
When the Economy what?
At least Clinton knew it was THE ECONOMY STUPID
Obama thinks its time for us to be a THIRD WORLD COUNTRY and is surely putting us on the Fast Track for it
Hell 10.2 % of unemployment, Hell we need more people on unemployment so we can catch up with the rest of the THIRD WORLD COUNTRIES.
Isnt that his IDEOLOGY ANYWAY
For we all have seen him run around the World Blaming America for all its FAULTS
It sure is good to know that the raises I just gave my 12 people was credited as me HIRING SOMEONE
PPPPPPPPLLLLLLLLLEEEEEEEEAAAAAAAAAASSSSSSE$EEEEE
EARTH TO LIBS, EARTH TO LIBS
WHERE ARE YOU, WAKE UP DRONES/ROBUTTS |
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that's why I have to wonder why just 10 months into a new potus such as obama's tenure you repubs are declaring his presidency as a failure.
it would take a complete fool or idiot to actually believe anyone repub or dem could clean up the absolute mess former prez bush left behind in such a short time.
I tell you what. I am going to put my money on Prez obama, Geither, Summers and Bernanke for the long run. there short term policies already have shown dividends. the bush recession is over and the economy is in a slow but steady recovery. the jobs will come later. just be patient...but then thats the scary part for you repubs/cons. THAT HE AND THEY WILL BE SUCCESSFUL. I dont have one that he will be just that and easily be re-elected in 2012. |
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Big moe, Mr. bellini, m.b., Italian-guy,
Well said.
Delusional.
Just as made clear a couple of days ago when Nancy Pelosi claimed victory in the election results of the northeast United States.
Delusional.
Just as we are witnessing by the media in their unwillingness to point out that this wackjob in Fort Hood is a MUSLIM. And he reportedly declared, "Allah Akhbar" just before he opened fire on his comrades.
Delusionl.
Just as I pointed out on another thread that Janet Napolitano declared, in April, that we must be acutley aware of, "right-wing extremists" as a threat to our country. She was intimating that returning soldiers from Iraq and Afghanistan should be closely watched.
Delusional.
It's not the Democrat Party, rather the, Delusional Party. |
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Left Angle is correct that this problem started with President Bush. Bush is not a free market guy; he's a conservative Keynesian. His reasons for cutting taxes (a good thing) was that it would induce the populace to spend, which would then give producers the incentive to increase production. But tax cuts are not the sum total of free market ideology; government regulation and spending have a big factor in how resources for production are allocated and used, and in how the final products are distributed.
For example, it would be better to live in a state that imposes a 50% income tax, but that spends none of the money collected, than it would be to live in a state with a 25% income tax that spends every dollar it appropriates. Why? Because government spending distorts the price signals--vital information for entrepreneurs and businessmen seeking to serve their customers. |
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Even though Bush deserves much of the blame (I mean, come on! "We need to violate the Free Market in order to save it"?), Pres. Obama is doubling down on Bush's mistakes. One of the most important tools for businesses is the ability to plan for the future, using reasonably reliable data on what circumstances will be. Pres. Obama, by proposing a lot of new regulations, by proposing government control of large sectors of the economy (like healthcare and finance), is destroying businessmen's ability to plan how to arrange their businesses. |
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http://townhall.com/blog/g/c51e1eaa-1d51-4fd1-8cf6-c14f0584 49d6?comments=true#comments
"Paul writes: Friday, November, 06, 2009 1:41 PM
Where are the jobs?
Sitting on the sidelines watching the game wondering what additional operating costs (aka taxes) we small business owners are going to be slammed with following health care and cap and tax reform.
I am not hiring anyone until I know what all this garbage is going to cost me and whether I can afford to hire anyone.
It's really that simple. No business owner in his right mind would risk employing anyone without knowing what the hidden costs are going to be down the line."
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What little is left from your meager savings will be confiscated to pay for your health care. |
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What a Crock
You LIBS didnt cut Bush no slack at blaming him for 9/11 after Clinton let the Muslims come into this country freely just like Obama is doing today even after all those Muslims just wanted to learn how to fly not land those Planes, had 20 different drivers liscense and many passports and all UNDER CLINTONS WATCH but NOOOOOOOOOOOOOOOOOOOOOO you LIBTURDS BLAMED BUSH now its our turn ,so s0ck it up and be a MAN not a coward like your FEARLESS LEADER
Hell even your 9/11 Commission stated that the Muslims had declared War on us way before Bush was in Office.
We took crap from you on here so now you will get crap from us or you can leave.
waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa |
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I don't think you'll find any of us defending the second term of W excepting keeping us safe at home.
Apparently, Lefty's argument is, "W sucked. His policies got us into this mess. Obama needs to do the same thing as W only MUCH MUCH more, including bashing businesses and scaring parents, so that the economy (which Obama is Frenchifying) can turn around (even though socialism never has achieved economic freedom for all in any country that it has been tried in. ever. In fact it shrinks economies and discourages innovation)!" |
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You're right. We ain't seen nothing yet.
The other night I saw a commentary on alienated youth in the '90 (the Kurt Cobain era) who graduated from college and couldn't find meaningful jobs. I also heard a similar commentary on NPR about youths in Spain who were stuck living with their parents because they couldn't find ANY jobs.
Imagine these people storming the streets...
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No that isnt my argument. My argument is that Prez Obama has been in office for 10 months.
Logically speaking anyone thinking clearly knows that the very complex problems that were left behind by former prez bush economically, domestically and in foreign policy were not going to be solved in such a short time for a new potus whether it was obama or mccain. for you to sit there and claim as much is nothing more than partisan intellectual dishonesty and you know it.
you are praying for failure of the Obama administration because you are angry and frustrated at being completely out of power and the manner in which the majority of americans threw you out over the last two election cycles.
Tht is the only way for the gop to regain power because they have no ideas or solutions on governing. thats why they are in the predicament they are currently in.
the fact of the matter is short term what His economic team including Mr. Bernanke did IS working. The bush recession IS OVER and the ECONOMY IS IN A SLOW STEADY RECOVERY. The MAJOR
Banks are paying back BILLIONS$$$ IN TARP FUNDS. If the u.s. auto industry can finally get some products out to compete with the japanese that will turn around too. Be patient the jobs will come.. |
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You do realize that this massive spending spree, raising taxes and instituting cap and trade will stifle the growth of this country don't you?
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in 1920-21 the country suffered through a severe recession. The government's response was to cut taxes and spending. We were out of that recession in about 18 months.
In 1929 the stock market crashed, and we went into another severe recession. Hoover, and then FDR, jumped into the fray, propping up wages and prices, raising tariffs to protect domestic industries, and dispensing large amounts of government largesse. We were out of that little recession in about 18 years.
Unfortunately, Pres. Obama seems to think the Hoover/FDR gambit is the way to go.... |
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Not praying for BHO's presidency to fail. We're praying for his policies to fail. He's a friggin' socialist and socialism is doomed to fail.
By the way. His projected spending is more than all the spending in the history of this country, combined!! I'm assuming that you are of the selfish liberal ilk that believes that there's no problem leaving a massive debt to your children, grandchildren, and great grandchildren. I'm not. |
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I already said W was wrong on his approach to fixing the economy. that's why i didn't vote for mccain who had the same approach. Obama is President now and needs to realize his crazy liberal progressive socialist marxist strategy is not working. He is not a demi-God like He thinks He is (along with his kookoo followers). |
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What did the stock market do when they found out that a democrat had been elected? What did the stock market do when a republican is elected. Companies start looking toward the future. They have 3 months to figure out what they need to do in order to maintain profits before a president actually takes office. They look long term at who is in control of congress(they write the laws) and who is going to be signing the legislation to approve it. Companies have shed jobs because they have no idea what this congress and president will pass. They had to downsize and become more efficient in order to keep making a profit. The big banks.. well thier old bosses are buddies of the democrats and even sitting members of the cabinet for Obama. They got bailouts to save thier old business and pushed the expense to fannie and freddy. Fannie is failing again and Obama wants another bailout. Democrats are enablers. The republicans have not been much better. |
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I see you've refused to engage my post regarding the causes for the high unemployment, particularly the increase in unemployment while you "dear leader" has been in office. BTW, unemployment has increased 62% while your "dear buffoon" has been in office. I'm calling you out and saying you know nothing about economics. You spew leftist garbage and platitudes. That will not work here. If you have an argument, make it, support it with facts and hold it up for scrutiny. Otherwise, shut the F*&K up. Punk.
De Oppresso Liber
Molon Labe |
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George Bush was given five years to start, conduct and finish the war in Iraq, with the world's most powerful fighting machine, and he couldn't do it. President Obama has had less than a year to fix a far more complex problem, a stifled world economy and high US unemployment, and conservatives are declaring him a failure and a demon.
Why so much patience for Bush, and so little for Obama? |
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…….. do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it its Bushes Fault I didn’t do it ….. |
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Didnt Obama say that he was using billions to fund "shovel ready" projects that would create jobs?
OK. Where are they?
What a liar. |
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W had liberal wusses hanging on his testicles... |
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Now that Obama is showing his true failure to lead a country which is not a bunk comunity organization.
I think by now all liberals wants Bush back! |
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Now that Obama is showing his true failure to lead a country which is not a bunk comunity organization.
I think by now all liberals wants Bush back! |
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Let's play the "if George Bush were still president" game.
Setting the stage: George Bush says that if we pass the porkulus package TODAY, RIGHT NOW,
THIS MINUTE, unemployment will not exceed 8%.
(Musical interval)
And the answer is: Today we'd be hearing that sound bite played 24/7 by every major network, and published repeatedly in every print publication until each and every one of had it memorized.
Nope, there's no double standard in the media. No siree.
(My heart goes out to all who are unemployed right now. May the government come to it's senses and start doing the right thing.) |
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Every one of you who says that the current unemployment rate represents a failure of the Obama administration is ignorant about economics.
Even beginning macroeconomic textbooks note that employment is the major "lagging indicator" Employment takes much more time than GDP growth to emerge from recession. This fact is almost universally agreed upon by economists, both right and left.
So all of your criticism lodged at the administration about this unemployment figure only uncovers your extreme, unscientific bias... your propensity to criticize the president no matter what he does. What's worse, you mask your irrationality, lack of facts, and bombastic proclamations as some kind of honest debate. What's more, he's only been in office for ELEVEN MONTHS! And you already proclaim failure? Your credibility to be reasoned and unbiased is gone.
When you people read a news story, your "conservative filter" automatically goes on and only looks for possibilities of failure. And you think Townhall is somehow not EQUALLY as biased as the mainstream?
I'm not saying liberals don't do this too, everyone does, but that doesn't change the fact that any economics professor would tell you you're wrong. |
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The Administration and Congress said that the unemployment would be lower at this point: I think at 8%: if the stimulus passed. Why should we believe that they know what they are doing? |
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Okay, to say a lagging indicator is not relevant when evaluating economic performance is... well, I disagree with that.
But look, it's UNFORTUNATE that the rosiest projections did not come true. But just because they didn't get an economic forecast correct doesn't mean they "don't know what they're doing." The national economy is enormously complex, and predicting it down to an exact number is impossible. It's the same concept as predicting the weather. There becomes a point when complexity reaches a certain point that totally accurate prediction isn't possible. Any time you hear someone talk otherwise that it just shows they haven't studied much econ.
But for the record, I've heard the Obama administration say even before he took office they they expect unemployment to reach 10% before it begins to decline, so I don't know where you're getting the 8% figure.
But I still think this is just bias. You're so eager to criticize the people you didn't vote for, but you have none for the Bush administration at all? Why can't we just have a reasonable conversation and acknowledge that no politician is perfect and spread blame where it's due -- which is both parties? |
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Okay, I'll stop my lecture after this post. But I just wanted to suggest to some people on here... why don't any of you check out this article:
http://www.economist.com/world/unitedstates/displayStory.cf m?story_id=14832016&source=features_box_main
That is an article written by actual ECONOMISTS who do not approve or disapprove of the Obama administration. What about http://www.realclearmarkets.com? They have daily collections of economics articles from conservatives, moderates, foreigners, liberals... just everyone. When you hear everyone's opinion you're more likely to get the trueest answer.
Why would anyone get the bulk of their news from a site like this? If it's a conservative newspaper, how could you possibly be getting unbiased info? It's news with an agenda and they are USING you, and we liberals fall for it too with magazines like The Huffington Post. Ideology hinders our democracy. |
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Obama has had less than a year to fix a far more complex problem, a stifled world economy and high US unemployment, and conservatives are declaring him a failure and a demon.
Obama is the one who made promises with specific deadlines - and it is not only conservatives who disagree with him - many in his own party do. Those who don't fall in line with the healthcare control bill will be in line for his wrath tomorrow.
Since when is America responsible for fixing "a stifled world economy"? Obama did nothing to help the unemployment, he simply gave taxpayer dollars to corporations so they could pay their bills and lay off workers. There are many official sources for information. |
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conservatives should indulge President Obama the way they indulged George Bush! When Bush said, "Mission Accomplished" no conservatives second-guessed him. When he invited violent terrorists to attack Americans (the "bring it on" comment), conservatives found it thrilling. When he let Osama bin Laden go when he was cornered in Afghanistan, conservatives said, "Oops! No problem, Mr. President!"
Give President Obama 1/10 the patience you gave George "the failure" Bush! |
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“Obama is the one who made promises with specific deadlines”
Such as? As Sam noted, the Obama Administration said that unemployment is going to go up before it goes down. What promises, with specific deadlines, has Obama made and broken?
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Sorry for the people posting who only have the latest talking points and not any real information, can't educate you here but you can find many official sites where you can find the truth. Good luck. |
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Patricia, what do you mean by "official sites"?
I am in no way advocating that we look to only "official" sources, I'm only saying that we all should look to VARIED sources of all kinds. Look at the opinions of people you agree with and people you don't agree with! I think that's the only way to cut through propoganda -- whether it comes from liberals OR conservatives.
As a bleeding-heart liberal, I fully acknowledge that my 'favorite' sources - NPR, the New York Times, The Nation magazine, etc.m - have faults. They give an opinionated view. That's only a valuable perspective unless we compare it to other disagreeing sources.
The main point I want to make is that I don't think any news source should be only for conservatives or liberals. A news source should start from the AGREED upon facts, and then use science, statistics, economics, etc., to form an opinion. Townhall, the National Review, Huffinton Post, and NPR all fail in that. They make us Americans divided and uninformed to what is really going on.
When you START with a pre-concieved opinion like these websites, it just automatically makes you irrationally biased and hinders the democratic principles this nation was founded upon |
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Looks like you should go help Obama, Biden, Geitner, Summers, and Bernanke. They swore the stimulus would work. Were they lying or stupid? We cons already knew what would happen. So maybe the dem/ libs can quit with the BS now? Btw- they NEVER give repubs or cons a break on anything. |
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sorry for the delay in response, I do have other more important things to do than debate some of these silly comments. The point is not where to get truth or opinion, the point of the article is playing numbers games just as they have been playing word games.
Yes, both parties are guilty of these transgressions but with such important matters as employment and healthcare there really needs to be absolute honesty. This deeply affects the ability of families to survive this 'crisis' so the least hey could do is to respect us enough to be honest about how much we are going to be responsible for. |
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"It's news with an agenda and they are USING you, and we liberals fall for it too with magazines like The Huffington Post. Ideology hinders our democracy."
You can't even get right the form of government that we have. This is not a democracy, thank God, this is a Republic. How can we take you seriously?
Jeffrey, is all you have is Bush Bush Bush? Seriously, this is getting old. Obama has had almost a year, and has only made things worse. Grow up. |
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How much longer do we have to give Obama? When is it his fault? When is it the fault of the dems in congress? When?
How much more time do they get? |
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There is a lot of work available for those with menial skills. A clean up program must be put into place. Trillions of cigarette butts are littering the streets and parks of the nation. They must be harvested. 3 million of the unemployed can immediately be hired. Another 3 million can start trimming trees.
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I don't think that most of us are Bush lovers. Indeed, he may be just as evil as many liberals believe him to be. I don't know. There are many who suggest that Bush was the precursor to a plan and the Lord Obama is a continuation of the plan. I can believe that, but then I may just be a very foolish person.
The point is that the present group are openly and defiantly Evil. Their motivations are transparently in favor of the demise of America and all things sacred. If the populace hadn't become enamoured of the easy path and delighted with dark ways; these people would never have crawled from under the rocks to be in the positions they now hold.
Tell me how it is that you feel that any of the government people are qualified to invade your humanity as these people are doing. Are you completely absorbed in a self that is an illusion? It isn't possible for an American to accept any of this. |
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double digit unemployment for a generation. Obama and our Liberals want us to be more like the Europeans. Success! The Cash for Clunkers created jobs in Japan--Double Success!
And hint of sarcasm noted ;-) |
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The jobless numbers are shocking, they are over 10%, and expected to rise and stay that way for decades. Helping Americans get back to work is a national necessity. It can be done by jump starting the war on drugs. 15 million drug enforcement agents can be hired. Their swat teams can bust drug dealers and close down meth labs all over the nation. Even glue sniffers would not escape their watchful eyes. |
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"Even Glue Sniffers Will Not Escape
The jobless numbers are shocking, they are over 10%, and expected to rise and stay that way for decades. Helping Americans get back to work is a national necessity. It can be done by jump starting the war on drugs. 15 million drug enforcement agents can be hired. Their swat teams can bust drug dealers and close down meth labs all over the nation. Even glue sniffers would not escape their watchful eyes "
Do you realise the training that goes into law enforcement, let alone SWAT? These are not people we can just hire off the street. |
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"So when the economy turns around and the economy is in full recovery with job creation while Prez Obama is still in office, It WONT be because of ANYTHING he did?"
But you said earlier that the President has little control over the economy. You can't have it both ways.
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