Obama Economics: Worse Than 9/11!

Watermark said:
Dixie, I believe that it is unreasonable to literally expect an economic turnaround from the policies that a president who was elected a month ago put in place by a stimulus package that was passed a week ago that is loaded with money that hasn't been set out yet.
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pwned

/thread
 
ib1yysguy said:
pwned

/thread
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I'm afraid your retardation has gotten so severe, you no longer realize the meaning of "pwned!" And I am sorry, I think Damo disabled the "/thread" function, so you will just have to tolerate it until it ends on its own. You can avoid clicking on the link and reading the posts, that might keep you from wanting to interject your stupidity somewhat, and I think most conservatives would be more than happy to not have to wade through your replies.
 
Dixie said:
Yes, of course it's unreasonable to expect the most powerful man in the free world to do anything at all to stop what is happening! Of course, if this were McCain, and the markets continued to tank, how much "reasonableness" could we expect from the left?
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If he had made major tax cuts that encouraged business and investment we'd have seen a rise in the Dow period end of story. The market has reacted to his anti business anti invetsment spending bill.
 
Dixie said:
I think you're pretty dang close to right. It does seem like, every time The Messiah speaks, the Dow takes a nosedive. Of course, for the next two years (at least) we'll have to tolerate idiots from the left, claiming this is all the fault of Bush and Bush policies, but that clearly can't be the case. If it were, they could point to specific things Bush did to cause this mess.... but they never do. The few who attempt to, will inevitably point to some Democrat-backed legislation, passed with a majority of Democrat support, against the will of Republican conservatives, during the last two years of the Bush presidency.

...But isn't Obama svelte looking? Doesn't he give an eloquent speech? Isn't it reminiscent of Camelot to have his family in the White House? Those are the things that really matter to liberal pinheads... the economy? Pft... they can just blame that off on Bush for another couple of years!
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Yeah, he looks good and sounds so smooth, meanwhile I wish he'd get his hands off my wallet and remember free market economic policy!
 
Ice Dancer said:
If he had made major tax cuts that encouraged business and investment we'd have seen a rise in the Dow period end of story. The market has reacted to his anti business anti invetsment spending bill.
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Exactly! I am just a "dumb hick from Alabama", and I know of at least three things he could have done to change the market trend already! 1.) Pledge to not raise taxes on ANYONE... 2.) Cut taxes on business and offer incentives for job creation in the private sector... 3. Eliminate the Capital Gains tax. Of course, a Liberal Democrat can't do this, because he couldn't pay for his liberal pie-in-the-sky idiocy that way!
 
Dixie said:
Exactly! I am just a "dumb hick from Alabama", and I know of at least three things he could have done to change the market trend already! 1.) Pledge to not raise taxes on ANYONE... 2.) Cut taxes on business and offer incentives for job creation in the private sector... 3. Eliminate the Capital Gains tax. Of course, a Liberal Democrat can't do this, because he couldn't pay for his liberal pie-in-the-sky idiocy that way!
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The only rationale that makes since for his idiocy is that he does not care about the economic prosperity, only redistribution of wealth.
 
Hey you taintwallows this is a proven way out of severe economic times.

FDR proved it works.

Its only history adverse idiots like you guys who dont know that.
 
republicans are losers and you guys get more desparate by the day.
Using the fat ass drug addict to push you bible thumping.
Brilliant!!!!
 
Dixie said:
Just one month into the Obama administration, and already the numbers are dismal. Surpassing one of the worst economic events in recent history, the 9/11 terrorist attacks.

On Sept. 10, 2001 The Dow Jones Industrial Average was 9,605... One month later, on October 11, 2001, it had fallen 195 points to 9,410. On January 20, 2009, the DJI was 7,949, and has plummeted a whopping 584 points as of February 20, 2009. (Since then, it has fallen below 7,000 for the first time in 12 years.)

It is clear, the policies implemented by this administration, have been far more damaging to the economy than the 9/11 terrorist attacks.
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Funny how they all claimed the minor recession after Bush took over the presidency was all Clinton's fault.... but this is all Obama's fault.
 
Ice Dancer said:
The only rationale that makes since for his idiocy is that he does not care about the economic prosperity, only redistribution of wealth.
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According to the CBO, the stimulation package voted on by Rs would have created more jobs for less money. Shame that information isn't pushed more in any media.

The "war on the entrepreneur" is basically the idea that by keeping inefficient behemoths afloat, rather than assisting smaller and better run businesses to take them over as would normally happen, they make it harder for the smaller businesses that aren't backed by the government because they are "too big to fail".

AIG got a new infusion of cash and is now 80% owned by the "taxpayer" (rubbish, we'll be getting no dividend) just this previous weekend. What is that the 4th? The 5th?

The economy will get better in spite of such actions. The reality is because of the economy, and the subsequent cycle where it will get better regardless of what we are doing today, and because of the way the population credits whatever administration is in charge for whatever happens with the economy, we'll very likely get another 4 years of Obama. The question is whether we'll have a congress that doesn't rubber-stamp the President's ideas.
 
So, when the DOW is up over where is was at the end of the Bush administration in a year or so.... Will you give Obama the credit?
 
Jarod said:
Funny how they all claimed the minor recession after Bush took over the presidency was all Clinton's fault.... but this is all Obama's fault.
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from the party of personal responsibility.

I have finally decoded the true meaning of the Republicans claim to be the party of personal responsibility.

If anything goes wrong it is some other persons responsibility.
Personal responsibility, just not theirs.
 
Damocles said:
According to the CBO, the stimulation package voted on by Rs would have created more jobs for less money. Shame that information isn't pushed more in any media.

The "war on the entrepreneur" is basically the idea that by keeping inefficient behemoths afloat, rather than assisting smaller and better run businesses to take them over as would normally happen, they make it harder for the smaller businesses that aren't backed by the government because they are "too big to fail".

AIG got a new infusion of cash and is now 80% owned by the "taxpayer" (rubbish, we'll be getting no dividend) just this previous weekend. What is that the 4th? The 5th?

The economy will get better in spite of such actions. The reality is because of the economy, and the subsequent cycle where it will get better regardless of what we are doing today, and because of the way the population credits whatever administration is in charge for whatever happens with the economy, we'll very likely get another 4 years of Obama. The question is whether we'll have a congress that doesn't rubber-stamp the President's ideas.
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Wow. You're a lying sack of shit aren't you. Or you're hopelessly ill-informed and believe every word uttered by the likes of Eric Cantor.

Show me the CBO report. The website is here:

http://www.cbo.gov/
 
Jarod said:
Funny how they all claimed the minor recession after Bush took over the presidency was all Clinton's fault.... but this is all Obama's fault.
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Obama and the rest of Congress bought this recession for a bit over $1.4 trillion.

People link Obama, (and McCain but he isn't President) to the passing of the bailout then of course the stimulus.

Whether it is fair or not, it is what has happened. People have seen frenetic activity since September of '08 with very little benefit. Americans are impatient.
 
Damocles said:
Obama and the rest of Congress bought this recession for a bit over $1.4 trillion.

People link Obama, (and McCain but he isn't President) to the passing of the bailout then of course the stimulus.

Whether it is fair or not, it is what has happened. People have seen frenetic activity since September of '08 with very little benefit. Americans are impatient.
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It takes some time to turn such a ship around. President Obama has only been president for one month.

Bush got us here, it took him 8 years. There is a reason presidental elections are but every 4 years. Give his plans a chance to work.
 
Had McCain been elected, the same people who are attackig President Obama would be defending McCain by saying, "he just started."

Does this mean that the great economie we enjoyed in 1992 was all attribitable to President Clinton and that Bush Sr. and Regan had nuthing to do with it?
 
Jarod said:
It takes some time to turn such a ship around. President Obama has only been president for one month.

Bush got us here, it took him 8 years. There is a reason presidental elections are but every 4 years. Give his plans a chance to work.
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You don't need to convince me. My post was a description of why people are already looking at Obama for this. Not one of my own personal philosophy.
 
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