View Single Post
Old 12-21-2011, 06:45 PM   #6
Fly Rod
Registered User
iTrader: (0)
 
Fly Rod's Avatar
 
Join Date: Mar 2003
Location: Gloucester Massachusetts
Posts: 2,678
Quote:
Originally Posted by Jim in CT View Post
"As much as I dis-like Obama "

Me too!

"we can't really blame him for the high unemployment above 8%"

First, Obama (as well as his VP and SecState) are members of the party that controlled the legislature since 2006 - they were US Senators from 2006-2008. When the Dems took over in 2006, the economy was BOOMING. The collapse happened on their watch (and none ever took any responsibility, rather it's all Bush's fault, as if he were a dictator), and presumably, Obama, Biden and Hilary were all prominent Senators, otherwise why did they get promoted? What I mean is, those 3 had some role in the collapse. I never heard any of them warning about subprime mortgages.

Second, Obama's economic advisors said that his "stimulus" bill would keep unemployment below 8%, and they were spectacularly wrong. They were off by millions of jobs. Finaly, the jobs that did get "saved" by the stimulus were primarily public sector jobs (teachers), which means the only way to save those jobs next year is to raise taxes.

Third, the looming spectacle of Obamacare has absolutely scared companies from investing in growth.

Finally, the point of this post was not to bash Obama (though I'm happy to detour into that), but to bash Debbie Wasserman Shultz (I call her carrot top). This is the head of the Democratic party (head of the DNC), making the insane claim that unemployment is no higher now than when Obama took office. This lunatic is one of the major leaders of liberalism in America, and she's either a liar or an idiot, take your pick.
Both
Fly Rod is offline