Economic Systems

[Henry Hawk]

I don't want to believe it, but when it walks like a duck and quacks like a duck. . .

Translation: It is all I got........attack on a personal level.

[Palehorse]

Translation: It is all I got........attack on a personal level.

Non responsive. You asked, I answered your inquiry.

If you do not want an honest answer then why ask?

[Exterminator]

Even the right-leaning Forbes doesn't try to deny the obvious: Obama Outperforms Reagan On Jobs, Growth and Investing.

[Henry Hawk]

Non responsive. You asked, I answered your inquiry.

If you do not want an honest answer then why ask?

Fair enough....just felt like I needed to add my comment, because I feel you are WAY off base....let me rephrase, I KNOW you are way off base.   But it is YOUR OPINION. 

[Henry Hawk]

Even the right-leaning Forbes doesn't try to deny the obvious: Obama Outperforms Reagan On Jobs, Growth and Investing.

This again, TYPICAL, of you to pick and choose articles that fit YOUR agenda. Forbes also says Economically, Could Obama Be America's Worst President?

Obama's real GDP growth has actually been less than half as much as the worst of any President in the last 60 years.  In other words, even if you doubled actual GDP growth under President Obama, it would still be the worst record of any President in the last 60 years!

Obama's so-called recovery included the longest period since the Great Depression with unemployment above 8%, 43 months, from February, 2009, when Obama's so-called stimulus costing nearly $1 trillion was passed, until August, 2012.  It also included the longest period since the Great Depression with unemployment at 9.0% or above, 30 months, from April, 2009, until September, 2011.

Ronald Reagan suffered a severe recession starting in 1981, which resulted from the monetary policy that broke the back of the roaring 1970s inflation.  But all the job losses of that recession were recovered after 28 months, with the recovery fueled by traditional pro-growth policies.  By this point in the Reagan recovery, 64 months after the recession started, jobs had grown 9.5% higher than where they were when the recession started, representing an increase of about 10 million more jobs.

[Exterminator]

All your article (which predates the article I linked to) states is that under Obama's administration, it took longer to recover from a recession than any previous recession since the depression, not that it failed to do so.  Considering the recession Obama was handed was the worst since the Great Depression and that it has since recovered more than Reagan's economy ever did, I'd say that's not a bad record.

Yet you still claim that he has failed even while the numbers don't agree with you...why is that?

[Henry Hawk]

All your article (which predates the article I linked to) states is that under Obama's administration, it took longer to recover from a recession than any previous recession since the depression, not that it failed to do so.  Considering the recession Obama was handed was the worst since the Great Depression and that it has since recovered more than Reagan's economy ever did, I'd say that's not a bad record.

Yet you still claim that he has failed even while the numbers don't agree with you...why is that?

Here are just a few reasons:

Corporate profits have nearly tripled, and stock prices have soared.  Thanks to the fed FEEDING it billions every month...

On the other hand, the number of Americans receiving food stamps remains 45% higher than when the president first took office, and the rate of home ownership has dropped by 3.2 percentage points, to the lowest point in nearly 20 years.

The average premium for a benchmark "silver" health plan in the Obamacare marketplaces rose only 2% this year, and consumers had more plans from which to choose. But the tax penalty for going without insurance will double.

46.5 million people, or about 1 out of 9 Americans. The number is only 2.8% below the peak reached in December 2012, and still more than 45% higher than the month before the president was first sworn in.

CBO estimated that when Obama leaves office in 2017, the number of food stamp beneficiaries will still be at 42.7 million — one third more than when he entered.

The federal debt has already grown more during Obama's first six years than under all previous U.S. presidents combined, at least in nominal dollars with no adjustment for inflation. The debt owed to the public stands at about $13 trillion, an increase of 106% since Obama first took office.

In January 2010, the president said in his State of the Union Address, "We will double our exports over the next five years." That hasn't come close to happening.

http://www.usatoday.com/story/news/politics/2015/01/09/fact-check-obama-numbers/21510959/

[Exterminator]

He could walk on water and you'd still hate him just because of the color of his skin.

[Henry Hawk]

He could walk on water and you'd still hate him just because of the color of his skin.

Is that all you got?  Enough already.  You think he walks on water because of why?  Not because he is a good leader, I know you are not that stupid.

Lets call it like it is.  He is NOT a good leader, no mater WHAT color he is.  THAT has nothing to do with it.

Colin Powel is a GREAT LEADER, and he is black.
Condi Rice was a GREAT LEADER
Tim Scott and Alan West both excellent leaders.
Clarence Thomas??  GREAT Intellectual!

Mia Love, a black woman just elected into congress is an name you will hear a lot about in the coming years....

Seriously? 

I think it is YOU who is showing racism....saying someone is a great leader JUST BECAUSE you want to be politically correct...

[Exterminator]

Enough with your token negros already.  I would say that probably 95% of the people on this forum believe you're a racist.  Why do you think that is?

[Bo D]

The federal debt has already grown more during Obama's first six years than under all previous U.S. presidents combined, at least in nominal dollars with no adjustment for inflation. The debt owed to the public stands at about $13 trillion, an increase of 106% since Obama first took office.


http://www.usatoday.com/story/news/politics/2015/01/09/fact-check-obama-numbers/21510959/

ABSOLUTE BULLSHIT!

Size of national debt when Reagan took office: $1 trillion
Size after six years: $2.3 trillion (130 percent increase)
Size at the end of his presidency: $2.9 trillion (190 percent increase)

As Roosevelt battled the Great Depression and World War II, the debt soared from $23 billion in 1933 to $266 billion in 1945, or more than a 1,000 percent increase. Wilson, meanwhile, boosted the national debt from $3 billion in 1913 to $24 billion in 1921, for an increase of more than 700 percent.

http://www.washingtonpost.com/blogs/fact-checker/wp/2014/12/08/does-obama-have-the-worst-record-on-any-president-on-the-national-debt/

[Henry Hawk]

token negros

WOW!! Now just WHO exactly is being racist?  TOKEN NEGRO?  REALLY?

So if ANY black person is NOT a liberal democrat, they are token negros?

REALLY?

I'm asking anyone on here to please tell me that they do not agree with this moron.  THAT is the most moronic, racist remark that has ever been posted on this forum.

THAT is incredible.....I will be waiting for all of the critical thinkers on here to say SOMETHING about this....if not, I KNOW for a fact who exactly are the racists on here.

That is the most blatant racist remark EVER!!

This the type of logic that has our society in the crap whole right now....un - fucking - believable!!!

[Henry Hawk]

ABSOLUTE BULLSHIT!

Size of national debt when Reagan took office: $1 trillion
Size after six years: $2.3 trillion (130 percent increase)
Size at the end of his presidency: $2.9 trillion (190 percent increase)

As Roosevelt battled the Great Depression and World War II, the debt soared from $23 billion in 1933 to $266 billion in 1945, or more than a 1,000 percent increase. Wilson, meanwhile, boosted the national debt from $3 billion in 1913 to $24 billion in 1921, for an increase of more than 700 percent.

http://www.washingtonpost.com/blogs/fact-checker/wp/2014/12/08/does-obama-have-the-worst-record-on-any-president-on-the-national-debt/

Don't shoot me, shoot "fact check" with USAToday...

[Exterminator]

WOW!! Now just WHO exactly is being racist?  TOKEN NEGRO?  REALLY?

So if ANY black person is NOT a liberal democrat, they are token negros?

REALLY?

I'm asking anyone on here to please tell me that they do not agree with this moron.  THAT is the most moronic, racist remark that has ever been posted on this forum.

THAT is incredible.....I will be waiting for all of the critical thinkers on here to say SOMETHING about this....if not, I KNOW for a fact who exactly are the racists on here.

That is the most blatant racist remark EVER!!

This the type of logic that has our society in the crap whole right now....un - fucking - believable!!!

Why do I waste my time trying to talk to idiots?

[Henry Hawk]

Why do I waste my time trying to talk to idiots?

Apparently because you make idiot comments like you do........just a thought.