The Obama recession is by far the worst since WWII

Mr. T said:
CHART OF THE DAY: THE SCARIEST JOBS CHART EVER
Joe Weisenthal

It's jobs day, so of course today's CHART OF THE DAY is the latest update of this classic, which we've dubbed The Scariest Jobs Chart Ever.

What the chart (made by Calculated Risk) shows is the trajectory of job losses and gains during the great recession, compared to previous recessions.

So as you can see, the depth of the decline was much worse than any other recession, and what's more, the pace of the recovery is much weaker than in previous ones. Over a year it was looking as though the recovery might be kind of V-Shaped (a really big, wide V), but now it's clear that the comeback won't look anything like the decline. And now the comeback is basically flatlining.

Yeah, scary.

See the Scarey chart and article HERE
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Good grief.....Bush is asleep at the wheel while Wall Street tanks our economy and it's "The Obama Recession". Yea....right. So....are you completely stupid or do you have to work at it?
 
Onceler said:
He inherited the "Barney Frank Recession," apparently. It's little known that a MA Congressman brought the gov't to its knees on this.

No doubt it was a global recession, but since Bush was completely absent on economic policy, I don't excuse him for it. It's as much Bush's recession as anyone's.
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how many times do you have to be debunked on your silly claims? maybe because you have yet to explain how bush was absent, you think you can fool people by continually repeating a false claim. he was not completely absent, pure partisan rhetoric not founded in reality.
 
Yurt said:
how many times do you have to be debunked on your silly claims? maybe because you have yet to explain how bush was absent, you think you can fool people by continually repeating a false claim. he was not completely absent, pure partisan rhetoric not founded in reality.
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What was your reality during the Bush years? "Cut taxes" is not an economic policy. He was absent. Bravo keeps telling me about how he knew exactly what was going to happen w/ the housing bust & crash, as early as 2003, but somehow, he couldn't get a GOP Congress to do anything about it.

Bush wasn't that interested in domestic policy, period. He was focused on the wars; he figured those would be his legacy, and they are, but the crash is too. He didn't meet a spending bill he didn't like in his tenure, and his VP said that deficit spending doesn't matter. If you have some details on what Bush's economic policy was, I'm all ears.

But you don't, because he didn't have one. He was absent on economic policy.
 
Onceler said:
What was your reality during the Bush years? "Cut taxes" is not an economic policy. He was absent. Bravo keeps telling me about how he knew exactly what was going to happen w/ the housing bust & crash, as early as 2003, but somehow, he couldn't get a GOP Congress to do anything about it.

Bush wasn't that interested in domestic policy, period. He was focused on the wars; he figured those would be his legacy, and they are, but the crash is too. He didn't meet a spending bill he didn't like in his tenure, and his VP said that deficit spending doesn't matter. If you have some details on what Bush's economic policy was, I'm all ears.

But you don't, because he didn't have one. He was absent on economic policy.
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bush was "completely" absent, he never talked about the economy, never tried to fix the economy, nothing....?

so if i found just one economic policy, then that proves you're wrong. correct?
 
Yurt said:
bush was "completely" absent, he never talked about the economy, never tried to fix the economy, nothing....?

so if i found just one economic policy, then that proves you're wrong. correct?
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No matter how small?

Try to be intellectually honest. "Economic policy" as I'm describing it is a national plan - an executive vision for where the economy should be headed & what the gov't role in the economy should be.

If you find an initiative to help beet farmers or something, that doesn't really qualify, though it suits your gotcha style of politics just fine.
 
Onceler said:
No matter how small?

Try to be intellectually honest. "Economic policy" as I'm describing it is a national plan - an executive vision for where the economy should be headed & what the gov't role in the economy should be.

If you find an initiative to help beet farmers or something, that doesn't really qualify, though it suits your gotcha style of politics just fine.
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so in order to prove you wrong, i just need one "national" economic policy or plan?

since you don't think farmers help the nation, what kind of plan would satisfy you? because most dems out there are blaming bush's national economic policies, such as his tax cuts, as harming the economy. so your claim is actually contrary to the vast majority of your party who claims he was not absent, rather, an active catalyst whose economic national policies caused a global economic collapse.
 
Yurt said:
so in order to prove you wrong, i just need one "national" economic policy or plan?

since you don't think farmers help the nation, what kind of plan would satisfy you? because most dems out there are blaming bush's national economic policies, such as his tax cuts, as harming the economy. so your claim is actually contrary to the vast majority of your party who claims he was not absent, rather, an active catalyst whose economic national policies caused a global economic collapse.
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Where did I say that?

And, as I said, tax cuts are not an economic policy.
 
Onceler said:
Where did I say that?

And, as I said, tax cuts are not an economic policy.
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you claimed helping them was not a national economic policy, thus, they don't help the nation on a national scale. which is wrong btw, as they effect the entire nation. i think you're first person i've ever heard claim helping farmers has nothing do with national economic policy. in fact, no, you are the first person i know to claim that. the economic policies involving farmers through multiple presidencies are all about the national economy. i'm surprised you don't this since you claim to have so much knowledge about the economy as compared to myself.

you have YET to say what YOU think is a national economic policy. kind of interesting that you refused to explain what would satisfy you.
 
SmarterThanYou said:
ok, but in that regard, no single action is an economic policy.
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I guess the larger point is that Bush didn't have an economic vision. You can say he saw Americans paying less in taxes, and he certainly did, but that this was the limit of his vision on the economy. He just wasn't there otherwise.

I doubt people would have a hard time describing the economic vision of either Reagan or Clinton. I'd be surprised if anyone could describe Bush's, beyond just cutting taxes & hoping for the best....
 
Onceler said:
I guess the larger point is that Bush didn't have an economic vision. You can say he saw Americans paying less in taxes, and he certainly did, but that this was the limit of his vision on the economy. He just wasn't there otherwise.

I doubt people would have a hard time describing the economic vision of either Reagan or Clinton. I'd be surprised if anyone could describe Bush's, beyond just cutting taxes & hoping for the best....
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translation:

i'm moving the goal posts
 
Yurt said:
you claimed helping them was not a national economic policy, thus, they don't help the nation on a national scale. which is wrong btw, as they effect the entire nation. i think you're first person i've ever heard claim helping farmers has nothing do with national economic policy. in fact, no, you are the first person i know to claim that. the economic policies involving farmers through multiple presidencies are all about the national economy. i'm surprised you don't this since you claim to have so much knowledge about the economy as compared to myself.
.
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What a woeful interpretation of what I said. Fairly typical; I think farmers are very important to our nation. I don't think a policy that helps only farmers = a vision or comprehensive plan for our national economy.

God, what a stretch. You really have a hard time w/ that.
 
Yurt said:
translation:

i'm moving the goal posts
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Um, no. You are not being intellectually honest, which again, is no surprise. From the beginning, you have made it clear that your only goal is a "gotcha" of some sort...i.e. "if I can name just one policy."

The larger picture is that Bush was absent. And he was.
 
i find it humorous that onceler claims bush did not have any "real" economic policies, yet, onceler never says boo about the lefties who claim bush was responsible vis a vis his economic policies for the economy collapsing.

what onceler is saying is, the lefties are WRONG to blame bush's economic policies, because, well.....he didn't have any.
 
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