Economy after W vs. Obama

Jarod said:
I have heard Republicans (Damocles) complaining about how the economic policies of Obama left the economy in such terrible shape.

Really? Has everyone forgotten where we were after 8 years of W's economic policies?

Which was better for the American economy the Republican ideology brought by W, or the Democratic ideology brought to you by Obama?
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I've never gotten a coherent answer from the liberal left about what specific BUSH policies were the cause of the mortgage implosion and subsequent economic collapse.

But in case you're still confused; here's what Democrats said when Republicans brought up the real reasons for it; pay careful attention to the race hustling Democrats engaged in bad praise try heaped upon Franklin Raines, a corrupt Democratic apparatchik, and their moronic attacks on the regulator assigned for oversight:

 
Thing1 said:
Obama will go down in history as a far better President than Bush.

arket would triple under Obama, and that we'd experience a record consecutive # of positive jobs reports.
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Jarod said:
I have heard Republicans (Damocles) complaining about how the economic policies of Obama left the economy in such terrible shape.


Really? Has everyone forgotten where we were after 8 years of W's economic policies?

Which was better for the American economy the Republican ideology brought by W, or the Democratic ideology brought to you by Obama?
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History is going to remember Obama as the president who saved the country from a Second Great Republican Depression.

If feels like a distant bad dream to remember how incredibly bad things were when Dumbya handed the country off to Obama. It was well beyond a five alarm fire.

There is zero doubt, and it is unequivocal that, on balance, Obama was a better steward of our economy and our foreign policy than George Dumbya Bush. And that is exactly how history will record it.

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Cypress said:
History is going to remember Obama as the president who saved the country from a Second Great Republican Depression.

If feels like a distant bad dream to remember how incredibly bad things were when Dumbya handed the country off to Obama. It was well beyond a five alarm fire.

There is zero doubt, and it is unequivocal that, on balance, Obama was a better steward of our economy and our foreign policy than George Dumbya Bush. And that is exactly how history will record it.

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Did he do it because of or inspite of the Fed and QE?
 
Thing1 said:
That was always a metric for the CBO.

And the unemployment rate - you mean the one that recently showed essentially full employment?

I'd love to see what you were posting about the stimulus at the time. I doubt it was that the stock market would triple and that we'd have years of positive job growth.
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The stock market was a reflection of loose fed policy. Tell me you knew that

Look I get it. You voted for Obama twice and will slobber all over his dick no matter what. Once you go half black.......
 
Thank you for your opinions, Cawacko, Milagro, Nova, TD and ILA.

Does anyone think the gov't, overseer, bureaucrats watching computer porn instead of doing their jobs, had much to do with the collapse?
 
Thing1 said:
It did.
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then why wasn't unemployment fixed until 2015?.....remember when he said if we did the stimulus unemployment wouldn't go over 8%?..........it actually went up for two years and didn't get back down to eight for several years after that........
 
Thing1 said:
It was supposed to create jobs & get the economy turned around.

Check, and check.
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it saved some teacher, police and fireman jobs for 12 months......generally in places that had too any teachers in the first place, like Detroit and Inkster.......and if it worked, why did the economy wait five years to turn around.......
 
Anyone, ANYONE who is still trying to say Obama had a any clue what he was doing during that disaster of an 8 year presidency should be committed.
or certainly disqualified from a conversation involving the economy
 
PostmodernProphet said:
it saved some teacher, police and fireman jobs for 12 months......generally in places that had too any teachers in the first place, like Detroit and Inkster.......and if it worked, why did the economy wait five years to turn around.......
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It wasn't supposed to create careers, PMP. Over 3 million jobs created or saved - we were in a freefall, and it turned things around. That's what it was supposed to do.
 
Thing1 said:
It wasn't supposed to create careers, PMP. Over 3 million jobs created or saved - we were in a freefall, and it turned things around. That's what it was supposed to do.
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it funded public service jobs for 12 months......24 months later unemployment was higher than when it passed.....is that the turn around you were looking for>,,,,,,
 
PostmodernProphet said:
it funded public service jobs for 12 months......24 months later unemployment was higher than when it passed.....is that the turn around you were looking for>,,,,,,
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Um, yeah. Because the economy was losing huge #'s of jobs when it passed. Like I said, it was supposed to stop the freefall, and it did. That's when the market turned around, and the private sector started hiring again - and when we had years of uninterrupted job growth, and the market tripled.

You have a very limited understanding of what the stimulus was supposed to do, and of economics in general.
 
PostmodernProphet said:
taking six years to get back to an unemployment rate that was there when you were elected is hardly "years of positive job growth".........its "painfully slow recovery"........
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"Recovery" none the less....

And recovery from what, you might ask? Recovery from 8 years of Republican economic policy.
 
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