Obama says he inherited economic problems

Threedee said:
Misery index was pretty low under Ford.

Apple, if Greenspan was such a Friedmanite, why didn't he let the market determine interest rates?
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Dude, you're nuts. I was alive when Ford was President and I'm here to tell you that it was about the highest level it's ever been in this nation under Ford. Not that I blame Ford for Nixons fuck ups.
 
Obfuscate said:
LOL, so true.
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Only a collosal moron who is almost completely ignorant of American history would believe that. By far the two worst Presidents of the 20th century were Warren G. Harding (Pretty much regarded as the worst US President ever) and Richard Nixon. Pretty tough argument as to Bush II, Cooledge and Hoover for third. You and the Freak neesd to quit guzzling the kool-aid and tea....it's turned your brains to shit.....assuming you ever had any.
 
Obama is a 1 term President. He has disgraced the office long enough. He's not even able to produce his school records. How can you expect him to produce prosperity?
 
Mott the Hoople said:
Only a collosal moron who is almost completely ignorant of American history would believe that. By far the two worst Presidents of the 20th century were Warren G. Harding (Pretty much regarded as the worst US President ever) and Richard Nixon. Pretty tough argument as to Bush II, Cooledge and Hoover for third. You and the Freak neesd to quit guzzling the kool-aid and tea....it's turned your brains to shit.....assuming you ever had any.
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Nixon was certainly no peach, as for Harding, do try to pay attention moron..... I stated in the past 70 years for a reason.... it didn't include Harding OR Hoover.

As for the kool-aid.... care to address ALL OF YOUR ERRORS that I spelled out for you Mr. Kool-aid consumer?
 
Mott the Hoople said:
Only a collosal moron who is almost completely ignorant of American history would believe that. By far the two worst Presidents of the 20th century were Warren G. Harding (Pretty much regarded as the worst US President ever) and Richard Nixon. Pretty tough argument as to Bush II, Cooledge and Hoover for third. You and the Freak neesd to quit guzzling the kool-aid and tea....it's turned your brains to shit.....assuming you ever had any.
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Also... for you not to include the inept Carter is quite telling as to how much of a 'Republican' you 'used to be'.
 
The Dude said:
Please check any list of worst Presidents
Carter is on all of them, so is Nixon
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Really

He didnt' make this list http://www.usnews.com/listings/worst-presidents/james-buchanan

He didn't make bottom 10 in this list either. http://en.wikipedia.org/wiki/Historical_rankings_of_Presidents_of_the_United_States

He didn't make this list either. http://listverse.com/2007/11/06/top-10-worst-us-presidents/

or tihs list. http://blog.pennlive.com/americanhistory101/2007/02/the_10_worst_presidents.html

or this list. http://www.theprogressiveprofessor.com/?tag=ten-worst-presidents-in-american-history

or tis list. http://civilliberty.about.com/od/historyprofiles/tp/Worst-Presidents-Ever.htm

or this list. http://www.extremeskins.com/showthread.php?340805-USN-10-Worst-Presidents-in-US-History...

So tell me....where are all these lists that has Carter on them? Can you show me any that doesn't come from some right wing blog or web site?
 
Superfreak said:
ROFLMAO... are you going to pretend that you didn't see that long post of mine that thoroughly debunked your pathetic attempts to salvage Carter?
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See, that's what drinking tea and kool-aid does to you. It fucks up your ability to think. Now pretty much any thinking people read my post understood that I don't give a flying fuck about Carter. I'm no apologist for Carter. I simply debunked the right wing kool-aid/tea your so fond of drinking and if you had any cognitive abilities so to speak of, you'd have understood this.

Carter was a mediocrity. BushII and Nixon and Harding were awful. All your fucking mythologies you worship about Carter are just a stupid and inane subterfuge to divert attention as to what a truly awful President Nixon was. The fucking scary thing...is as bad as Nixon was, he didn't make my worst 5 list cause he did have some very substantial foreign and domestic policy successes, none of which excuse his horrendous abuses of power or his criminal acts.
 
Mott the Hoople said:
See, that's what drinking tea and kool-aid does to you. It fucks up your ability to think.
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I am glad you see now that you shouldn't drink so much of it.

Now pretty much any thinking people read my post understood that I don't give a flying fuck about Carter. I'm no apologist for Carter. I simply debunked the right wing kool-aid/tea your so fond of drinking and if you had any cognitive abilities so to speak of, you'd have understood this.
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Any 'thinking person' who read both of our posts understands that you did not support ANY of your data and that I in turn thoroughly debunked your pathetic attempts to give credit to Carter and to pretend he inherited a mess worse than he did. But PLEASE, do tell us what it is that YOU debunked. All of your comments were factually incorrect. So how does a bunch of lies debunk something????

Carter was a mediocrity. BushII and Nixon and Harding were awful.
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Again, I do not disagree that Bush and Nixon are awful. Harding was not a part of my comments, but yes, he too was awful. Your problem is in thinking Carter was mediocre. He was at BEST on par with Bush and Nixon and in my opinion he was worse given how utterly inept and spineless he was.

All your fucking mythologies you worship about Carter are just a stupid and inane subterfuge to divert attention as to what a truly awful President Nixon was.
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Do tell us moron.... WHAT fucking mythologies are you talking about? I pointed to the ACTUAL FUCKING DATA and I LINKED TO THE ACTUAL FUCKING DATA. You on the other hand simply spouted nonsense.... not even bothering to show us where it is you got all your numbers from. WHY IS THAT?

As for Nixon, I am not trying to divert from Nixon you fucking hack... I said Carter was WORSE, that doesn't by default make Nixon good. As YOU yourself stated, Nixon had some good points that have had a lasting effect on foreign relations (yes, he had some bad here). Carter on the other hand has little if anything to point to to say he was a good President and he has a LOT to show that he was awful.

The fucking scary thing...is as bad as Nixon was, he didn't make my worst 5 list cause he did have some very substantial foreign and domestic policy successes, none of which excuse his horrendous abuses of power or his criminal acts.
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Which makes him better than Carter as Carter had NONE. His one good act was appointing Volcker... but as the data suggests... he was to timid to let Volcker enact his plan until AFTER he had been soundly defeated by Reagan.
 
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Superfreak said:
Dude, go do your homework. You're not going to get the facts from George Soros and MSNBC.



Lets take this one at a time.... WRONG....

while inflation did hit double digits in 1975, by the end of the year it was at 6.94% annualized and averaged 9.2% for the year.

In 1976 (you know, the election year) it continued to fall and averaged 5.75% for the year.

when Carter took over in February of 1977 inflation was at an annualized pace of 5.91%, when he left office in January of 1981 it was back in double digits, having averaged double digits for 1979 and 1980.

here is the ACTUAL data, rather than your spoon fed nonsense.... http://inflationdata.com/inflation/Inflation_Rate/HistoricalInflation.aspx?dsInflation_currentPage=2



WRONG. Unemployment was at 7.5% in January of 1977, 7.6% in February when Carter took over.



LMAO.... wow, where are you getting your talking points??? You were close on this one in that GDP shrank in FOUR of the previous 12 quarters. However, GDP was POSITIVE in each of the SEVEN quarters preceding Carter taking office.... and continued to be positive until the slight negative GDP in 1980.

http://www.bea.gov/national/index.htm#gdp



Nominating Volcker WAS indeed one of the highlights of Carter's term. However, WRONG.... the fed Funds rate went to 17% in March and April of 1980. He then dropped it back under 10% for the months preceding a certain event in the fall of 1980.... can't recall what that event was.... hmmmmm...

Once the election was over and Volcker knew he would no longer be hamstrung by the inept Carter, he then raised rates up to almost 19% in December of 1980 and then kept them north of 15% for most of 1981.



Seriously... WHERE are you getting your nonsense from? Volcker talked him into allowing the rates to rise. Carter DID indeed agree. But as SOON as people started bitching.... the rate magically went back under 10% and did not rise back above 12% until AFTER the election where Carter got his inept ass kicked.



Here you finally got something right. It WAS Volcker's policy that pulled us out. But you are wrong to pretend that Carter should get any credit given his complete cowardice in the implementation. Reagan did indeed see it working and HE took the heat for it. Which is a large part of why there was a big shift to Dems in the midterms of 1982.



This is truly comical given that almost every one of your comments was nothing more than left wing nut talking points that are not supported by the ACTUAL data.
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No comments on ANY of this Mott? STILL?

Yet you claim that it is YOU providing facts and that the rest of us are trying to re-write history????

I don't suppose you would care to show us WHERE you got your data from? Or are you too embarrassed to post the link of moveon.moron?
 
Mott will never pay attention to facts and numbers that do not support his wild fantasies he tries to pass off as history. Thanks, SuperFreak, for finding and linking the economic data I was too lazy to search out. Yes, Reagan inherited a worse economy. But, to Carter's minimal credit, since Carter was unwilling to listen to the guy, Reagan also inherited a better Fed in the person of Volcker.

Back to the original intent of this thread, the bottom line is Obama is a fucking whiny wimp. The manner he goes on about having inherited the bad economy, and it's not his fault, shows what a whiny fucking wimp he is. Reagan did not whine about the poor economy he was handed. Reagan stood his ground, and was willing to go to the People to support ideas he knew the People would not like. Reagan made no excuses when unemployment remained high through most of his first term - he simply explained that inflation needed to be addressed first, since high inflation hurt more people and more aspects of the economy than unemployment. Reagan did not apologize for supporting the high prime rate instigated by the Fed, a move which lost a large number of republican seats in congress at midterm elections. He went with a plan he knew was working despite its unpopularity, and by this time in Reagan's first term, economic conditions had improved enough that he was able to garner more support from a hostile congress to implement more of his ideas, which then led to full recovery.

But Obama is all about excuses and whining. Even when his party had full control of congress, the majority of his rhetoric was all about the bad, bad republicans messing up his plans. (yet, somehow, the people have never been allowed to actually SEE the details of these so-called plans...why is that?) Yes, Obama inherited a bad economy. So what? Obama was elected to DEAL with the bad economy handed him, not whine about how it is worse than he thought. Obama has been unable to even work with a FRIENDLY congress, and has been more concerned about his own popularity than he has been about the effects his ineptitude is having on this nation. Obama ran on the ideal of hope and change. But there has been no change, and hope, by itself, does nothing. A real leader instills hope in the people, even those who do not support him. Instead, much of Obama's original following have LOST hope. In short, we're still where we're at because Obama is a flat out shitty president.
 
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"Reagan did not whine about the poor economy he was handed"

Reprint, for those who missed it, from his 1983 SOU:

"The problems we inherited were far worse than most inside and out of government had expected; the recession was deeper than most inside and out of government had predicted. Curing those problems has taken more time and a higher toll than any of us wanted."
 
Onceler said:
"Reagan did not whine about the poor economy he was handed"

Reprint, for those who missed it, from his 1983 SOU:

"The problems we inherited were far worse than most inside and out of government had expected; the recession was deeper than most inside and out of government had predicted. Curing those problems has taken more time and a higher toll than any of us wanted."
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Do you have the link to the whole SOU handy? Or should I go look it up and put this in context?
 
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