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George Bush's continuing legacy: 4.4M Unemployed

Discussion in 'Political Discussion' started by mikey, Mar 6, 2009.

  1. mikey

    mikey Rookie

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  2. FreeTedWilliams

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    #75 Jersey

    If you honeslty think that this has anything to do with Bush your nuts.

    Hell even Woppie Goldberg is now saying that OBAMA is killing the economy!!!

    These business and Wall St are REACTING TO THE HOSTILITY that the Obama adminstration has shwon to capitalism, on its way to socialism. You can't move your socialist agenda, if people have jobs, so you must hurt the economy in every way you can think of.

    Michael Boskin Says Barack Obama Is Moving Us Toward a European-Style Social Welfare State and Long-Run Economic Stagnation - WSJ.com

    Bush did not pass a 1.3 trillion dollar LIBERAL apending spree. Bush is not raising EVERYONE (Except those who do not pay taxes, they are going to bet more of YOUR money) TAXES.
  3. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    #75 Jersey

    FTW, what you don't know about Economics would fill 100 libraries.

    Seriously, there are folks on the Right who knwo what they are talking about in this forum. You aren't one of them.

    BTW, check out the unemployment numbers during Ronald Reagans first TWO YEARS in office. Then continue your rant about Obama's first 47 days.
    Last edited: Mar 6, 2009
  4. FreeTedWilliams

    FreeTedWilliams pfadmins PatsFans.com Supporter

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    #75 Jersey

    Does ANYONE here think that all of these defiecet spending is really going to save this economy??

    I love "how I don't know nothing about the eceonomy" always comes out of your mouth, yet absolutley EVERYTHING that he has done has tanked the economy further.

    All of this stems from the Democrat forcing the banks to make loans to people who they KNEW would never be able to pay them back. Of course the banks didn't care because the federal government backed the loans with OUR MONEY!! Now all these bad loans have crippled the credit market. And somehow you think the unending deficet spending on pet liberal projests is going to save it!!!


    Bush tried to stem this problem and was told by Barney Frank, that there is no problem!!!!

    Do you honestly think that business in this country that our looking at Obama increasing their taxes, lowering their deductions, and then with his "carbon Tax" coming on the horizon, are not beginning to cut back? No I'm sure they are saying right now, gee let's hire some more people.......

    I guess that the Wall ST Journal "doesn't know anything about the economy" too!!

    http://online.wsj.com/article/SB123604419092515347.html

    But after five weeks in office, it's become clear that Mr. Obama's policies are slowing, if not stopping, what would otherwise be the normal process of economic recovery. From punishing business to squandering scarce national public resources, Team Obama is creating more uncertainty and less confidence -- and thus a longer period of recession or subpar growth.
    Last edited: Mar 6, 2009
  5. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    #75 Jersey

    You CANNOT judge an Administration's economic performance over 47 days!!!!!!!

    This isn't a hockey game, FTW.

    Once again, check the first two YEARS of the Reagan Administration. Maybe you will learn something from that.
  6. BelichickFan

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    #24 Jersey

    Unfortunately the blood is on Bush's hands.

    The economy ? A good bit of that is on Bush but Obama has exacerbated it extraordinarily.

    Understaffed Geithner can't keep up, critics say

    "Critics say part of the problem is that Geithner is flying solo: Not one of his top 17 deputies has been named, let alone confirmed. And without senior leadership, lower-level Treasury employees can't make decisions or represent the government in crucial conversations with banks and others."

    Michael Boskin Says Barack Obama Is Moving Us Toward a European-Style Social Welfare State and Long-Run Economic Stagnation - WSJ.com

    "The illusion that Barack Obama will lead from the economic center has quickly come to an end. Instead of combining the best policies of past Democratic presidents -- John Kennedy on taxes, Bill Clinton on welfare reform and a balanced budget, for instance -- President Obama is returning to Jimmy Carter's higher taxes and Mr. Clinton's draconian defense drawdown."

    Bloomberg.com: News

    "President Barack Obama now has the distinction of presiding over his own bear market.

    The Dow Jones Industrial Average has fallen 20 percent since Inauguration Day, the fastest drop under a newly elected president in at least 90 years, according to data compiled by Bloomberg. The gauge has lost 53 percent from its October 2007 record of 14,164.53, slipping 4.1 percent to 6,594.44 yesterday."


    Obama may have inherited a mess but he's made it worse with overt negativity, uneven signals to his plan, difficulty filling key positions and speaking negatively towards business whether demeaning their need for profit or stupid schemes like cap and trade. Obama didn't cause this mess but he has stoked the fires - big time.
  7. BelichickFan

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    #24 Jersey

    We can judge the first 47 days after 47 days. And it has been an unmitigated disaster.

    D I S A S T E R.

    Hopefully in a year the first 47 days will be a mere bad memory. But right now, it is what it is. Say what you want about the stock market but it's a solid leading indicator and it's giving a resounding NO so far.
  8. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    #75 Jersey


    I will agree with much of that. And the Geithner Deputy-less Treasury Department IS a huge misstep.

    New Presidents coming in during economic crises have always floundered in the first year or two - - see: Reagan, Ronald or Roosevelt, Franklin.

    Heck, Reagan after 47 days was far less admired. It took Hinckley to give the Gipper a boost in the public opinion polls.

    Once again, macroeconomics isn't a hockey game. It takes years to fully judge the performance. Short-term successful measures tend to screw the economy long-term - - see: Iraq War "saving" the stock market in 2003. Judge it later, in total.
    Last edited: Mar 6, 2009
  9. BelichickFan

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    #24 Jersey

    The other huge problem is he is so anti business. He needs to stop that. He needs to stop talking about cap and trade. He can go back to that when things pick up. It's like a football team that just got it's ass kicked and the coach rips on them over and over; they need a pick me up and so does business.
  10. shmessy

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    #75 Jersey


    I agree with that also (not about him being anti-business, but the cap and trade at this time-part).
    Last edited: Mar 6, 2009
  11. patsfan13

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    As opposed to your vast knowledge of economics? :singing::singing: Hilarious.

    The economy stuck when BO took office, but the markets have tanked since he took the lead in the polls. He is going to be a worse president than even Jimmy Carter.
  12. ljuneau

    ljuneau Rookie

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    Shmessy, you statement is contradictory.

    Cap and trade is one form of proof that he is anti-business.
  13. Harry Boy

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    Barack Hussein Obama is the worst thing that could happen to America at this time, he has no intention of leaving Iraq, he has no intention of closing Gitmo, he and Looney Clooney will probably start another War in Darfur, more Americans will die and he is pushing us further into finacial ruin as he rushes headlong into a Socialist Marxist country, the American people along with the MTV Crowd and The Diversity Happy Liberal Racists went insane when they elected this Long Legged Arrogant Strutting CLOWN.

    Bush Was No Bargain But America Now Is In Real Danger.
  14. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    #75 Jersey


    Distinction. Cap and trade is not anti-business. It is anti-polluting business. Businesses that are not overly carbon-emitters MAKE money in the "trade" part. Saying it is "anti-business" is like Congressman John Dingell (D-Michigan) saying for 40 years that any push for Detroit to engage energy saving cars is "anti-business". That kind of canard is falling into the dustbin of history.
  15. BelichickFan

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    #24 Jersey

    Cap & Trade is clearly anti business because it increases business costs which either have to be sucked up or passed on to the consumer.

    Obama is also raising taxes on small businesses and is on record as saying "there are times for profits - this is not the time".

    Obama is a disaster for business.
  16. patsfan13

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    Cap and trade is a very regessive 600B tax on energy used by all Americans unless you don't, drive a car, heat your home, or use electricity.


    Bo and the dems have declared war on business look at the stock market since BO was elected and especially since he introdcued his push to socialism budget.


    CO2 isn't a pollutant btw is is what plants use to grow.
  17. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    #75 Jersey

    Once again, I AGREED with you (see post #10) regarding the bad timing of cap and trade. I am for establishing cap and trade at a time AFTER there has been ample opportunity for retrofitting businesses with alternative energy or energy saving technology. THAT should happen first, with economic incentives (carrot) to do so at THIS time - - not the cap and trade stick.
    Last edited: Mar 6, 2009
  18. TommyBrady12

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    #12 Jersey

    reagan didn't get the new tax laws signed until after the 1982 elections. by the time 1984 rolled around, the economy was in much better shape. the republicans only had a slim majority in the senate and the dems ran the house. reagan had to twist the arm of Mass. representative TIP O'NEILL, who was opposed to tax cuts. reagan won and the country sustained economic growth for the next 30 or so years, with a minor recession in 1992.

    but it's clear
  19. Harry Boy

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    The far left democrats and the Obama Type Groupies will never ever in their life time give Ronald Reagan Credit for ANYTHING.

    I WAS LIVING LIKE A KING WHEN REAGAN WAS LIVING IN THE WHITE HOUSE

    After working with Reagan, Tip O'neil said shortly before he died "Reagan was one of the most ABLE Presidents this country has ever had or ever will have"

    This Is Only My Opinon:
    Barack Hussein Obama wouldn't make a pimple on Ronald Wilson Reagan's A$s.
  20. mikey

    mikey Rookie

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    How did you make out when Bill Clinton was in the White House?

    .

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