Obama says he inherited economic problems

Yurt said:
why don't you link the source for those graphs. for starters, your graphs do in fact show obama inherited an economy in better condition than reagan. your first two charts show that. you're trying to mangle the data and move the goal posts. nice try, but major fail.
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My source is the St. Loius Federal Reserve Bank website/ You can find all of the information I am posting here:

http://research.stlouisfed.org/

And I'm not mangling anything. I'm comparing the 4 years preceding Reagan to the 4 yours preceding Obama. The period immediately preceding Obama was substantially worse than the 4 years preceding Reagan. By far.
 
Superfreak said:
http://finance.yahoo.com/news/Feder...tml?x=0&sec=topStories&pos=main&asset=&ccode=

Yep... no debt problem here... right Dungheap?
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Not in the near term.

Superfreak said:
Dung.... Bush deficit of $400B is da evilz (ignore please the fact it occurred with Dems in Congress too please), but Obama deficits of $1TRILLION plus... that is ok... well actually we need to SPEND MORE SPEND MORE SPEND MORE... right Dung?
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Deficit spending during a time of economic expansion is unwise. Deficit spending in a time of economic recession and weak recovery is a good thing.

And, by the way, deficit spending under Bush peaked at $1.5 Trillion, not $400 billion. You're only off $1.1 Trillion. Hey, that's better than the S&P. Maybe you should see about gettign a job there.
 
David St. Hubbins said:
From Jan 2009 to April 2011.
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Ahh.. total GDP growth since Obama took office. Okay, so divided by 3 years, that's 1.52% avg per year... not exactly "stellar" there, Hubb-Hummer!

Here's the problem with your comparison, with Reagan, he had already implemented much of his economic plan, and we actually HAD turned a corner, there was this thing called "confidence" in the market, and we were moving in the right direction... With Obama, the exact opposite is true, we are heading in the WRONG direction, and there is NO plan to date, except the FAILED Keynesian plan that hasn't worked. Since you are all in to comparing partial terms, we will make special note of Regan's fourth year compared with Obama's, and see where we are at election time. I predict a much different tune from you then.
 
David St. Hubbins said:
My source is the St. Loius Federal Reserve Bank website/ You can find all of the information I am posting here:

http://research.stlouisfed.org/

And I'm not mangling anything. I'm comparing the 4 years preceding Reagan to the 4 yours preceding Obama. The period immediately preceding Obama was substantially worse than the 4 years preceding Reagan. By far.
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not true, your charts show the economy did much better as soon as obama took office. you have to compare effectively, not four years prior. when obama took office, the economy was effectively better than when reagan took office, hence, why the recession only lasted a few months. bush endured the bulk of the recession as did reagan. your weak attempt at comparison is truly laughable. then again, there is no bigger obama apologist than you.
 
Just to recap, once again, because it's fun: when Obama says that we inherited our economic problems, it's hopeless whimpering & whining, and further proof that he is devoid of leadership.

When Reagan says we inherited our economic problems, it's a sign of greatness, and bold leadership.
 
David St. Hubbins said:
Not in the near term.
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Well no fucking shit moron.... NO ONE is suggesting that the debt is going to be a problem in the next year or so... the point dear douchebag is that it is a LONG TERM PROBLEM.... everyone knows it cannot be solved with a magic wand. The 'fix' will take time.

But instead of trying to fix the problem, your messiah and idiots like you want us to continue moving faster towards the implosion.

Deficit spending during a time of economic expansion is unwise. Deficit spending in a time of economic recession and weak recovery is a good thing.
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No kidding. But there are LIMITS you idiot. It also matters HOW you spend the money you idiot.

And, by the way, deficit spending under Bush peaked at $1.5 Trillion, not $400 billion. You're only off $1.1 Trillion. Hey, that's better than the S&P. Maybe you should see about gettign a job there.
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1) I was talking about the idiots on the left bitching about his 2007 deficit when it occurred (again, the left conveniently ignores who controlled Congress)

2) His deficit peaked at $1 Trillion in fiscal year 2009 (Oct 2008-Oct 2009)... not $1.5 (again under a DEM led Congress)
 
Onceler said:
Just to recap, once again, because it's fun: when Obama says that we inherited our economic problems, it's hopeless whimpering & whining, and further proof that he is devoid of leadership.

When Reagan says we inherited our economic problems, it's a sign of greatness, and bold leadership.
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and you run around accusing others of having reading problems....

:lol:
 
Onceler said:
Just to recap, once again, because it's fun: when Obama says that we inherited our economic problems, it's hopeless whimpering & whining, and further proof that he is devoid of leadership.

When Reagan says we inherited our economic problems, it's a sign of greatness, and bold leadership.
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Again, to recap for the mentally challenged. The DIFFERENCE, is that Reagan offered up a plan to get us OUT of the economic problems. Obama has not. The DIFFERENCE is that Obama runs around shouting it 100 times to Reagan's what? Maybe 3? The DIFFERENCE is that Reagan LED us.... whether you liked his policies or not... he LED.

Can you honestly tell us you think Obama is showing ANY signs of LEADING us out of this mess?
 
Superfreak said:
Again, to recap for the mentally challenged. The DIFFERENCE, is that Reagan offered up a plan to get us OUT of the economic problems. Obama has not. The DIFFERENCE is that Obama runs around shouting it 100 times to Reagan's what? Maybe 3? The DIFFERENCE is that Reagan LED us.... whether you liked his policies or not... he LED.

Can you honestly tell us you think Obama is showing ANY signs of LEADING us out of this mess?
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please stop trying to show onceler the truth. it doesn't matter how many times you or i point this out to him, he will ignore it.
 
Superfreak said:
Again, to recap for the mentally challenged. The DIFFERENCE, is that Reagan offered up a plan to get us OUT of the economic problems. Obama has not. The DIFFERENCE is that Obama runs around shouting it 100 times to Reagan's what? Maybe 3? The DIFFERENCE is that Reagan LED us.... whether you liked his policies or not... he LED.

Can you honestly tell us you think Obama is showing ANY signs of LEADING us out of this mess?
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LOL - like I said, you guys would need a micro-parser. The apologism is shameless.

Because you do not agree with Obama's measures & his plans has little to do w/ the fact that they actually exist....
 
Yurt said:
please stop trying to show onceler the truth. it doesn't matter how many times you or i point this out to him, he will ignore it.
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The truth is, they said the same thing. In your OP, it was egregious whining. But when you hear that Ronny the Great said it, there are "other factors" involved.

Hackish, to say the least...
 
the truth is, onceler is an intellectually dishonest hack. he is big on using "scale" to make a point when he thinks it is in his favor. but, when the scale is not in his favor, he throws it under the bus. no one claimed reagan never said he inherited the economy, what is being said is the number of times obama repeats it. obama was at a liberal fundraiser whining to his supporters. reagan was giving the FACTS for his state of the union address. i don't have a problem with obama informing us of what he inherited at the SOTU, but it is the constant always blaming others. reagan didn't put all the blame on his predecessor, he explained the facts, how his government had made mistakes and how they were going to fix it.

again, now that scale doesn't work for onceler, scale is irrelevant.
 
Micro-parsing!

You're just bummed that you got busted. Can you believe Reagan said the same thing? No way out of that one...
 
Yurt said:
not true, your charts show the economy did much better as soon as obama took office. you have to compare effectively, not four years prior. when obama took office, the economy was effectively better than when reagan took office, hence, why the recession only lasted a few months. bush endured the bulk of the recession as did reagan. your weak attempt at comparison is truly laughable. then again, there is no bigger obama apologist than you.
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When Obama took office, we were in a recession and the country had experienced the steepest decline in quarterly GDP since 1958, -8.9% in the 4th quarter of 2008. When Reagan took office, we were not in a recession and in the 4th quarter of 1980, the economy grew by 7.6%.

In short. You're full of shit.
 
Onceler said:
LOL - like I said, you guys would need a micro-parser. The apologism is shameless.

Because you do not agree with Obama's measures & his plans has little to do w/ the fact that they actually exist....
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By all means... show us Obama's plans. Show us that he has done ANYTHING other than spout rhetoric.

The only apologists on this board right now are the ones who lined up behind the Messiah only to find out he was just an inexperienced blowhard, just as his detractors have maintained all along.
 
Onceler said:
LOL - like I said, you guys would need a micro-parser. The apologism is shameless.

Because you do not agree with Obama's measures & his plans has little to do w/ the fact that they actually exist....
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So, if these plans exist, why doesn't Obama tell us what is in those plans? Please, if you are so aware that these plans exist, provide us a link to them. Our criticism of Obama is not about disagreeing with his plans, or we would sya which parts we disagree with. But as far as we can tell, HE HAS NONE. He certainly did not tell us about what he wants to do to get the economy back on track. Reagan went into significant detail about how he planned to get things going again - and that is the real difference that you refuse to acknowledge.

So, IF (and that is a big fucking IF) Obama actually has definitive, detailed set of actions he thinks is needed to move the economy forward, would you please provide us with a link to them. Because, frankly, I think you are lying about their existence.
 
For the record, Obama's economic policies are bad. They're just less bad than the policies the Republicans are promoting. The issue for me is that there is all of this love for Reagan while Obama is the worst president ever but when you get right down to it, the overall performance of the economy, approval ratings and the like are not that far off.
 
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