Quote:
Originally Posted by RIROCKHOUND
So, you won't acknowledge that the slide that started before he took office seriously impacted the first year + of this administration? I am not selectively looking at the the months when it was bad, but I choose to look at the term as a whole, including factors (not blaming Bush!) that impact these years
Fact: Job losses peaked in early 2009 and have (with some dips) has been mostly in the positive since 2010. The trend for unemployment has been about the same, peaking in July of 2009. You view it as he has done nothing, I view it as things are improving over the last 2 years, much of the trend began in 2008
Obama's economy: A snapshot - Job growth (1) - CNNMoney
http://www.pewsocialtrends.org/files...-Income-03.png
See comments above regarding timing and trends.
Frankly, yes. If that was the case, why under Clinton's higher rates did the economy flourish? I believe in large part, the economy is decadal scale cycles with whoever the president is policies superimposed on them.
It's not different, but get Romney to admit that.... Obama probably can't pull it off, but he also is not out to abandon Israel as it is often portrayed.
I see... I only go by what I read... (admitting that some of source is probably biased, the truth is realistically somewhere in the center)
PolitiFact | Do Mitt Romney and Paul Ryan want to turn Medicare into a voucher program?
Romney-Ryan Medicare Plan Would Cost 29-Year-Olds $331,200: Report
Nope. it wasn't honest. But neither was a good percentage of your party (not you) running around calling the president a foreign born Muslim.... I don't have to agree or like with everything 'Liberals' do to tend to vote for one. At the local level I have voted independent and even republican at times when I thought the candidate was stronger.
As far as the deficit number, I agree that it sucks we have spent more than we took in. I have yet to hear from Romney how he would do this differently. First it was tax cuts with deductions removed to offset costs. Now it is no tax cuts if it adds to the deficit, but he talks about huge increases in defense spending. Frankly, I don't think either candidate, or party really has a serious plan for dealing with this.
good luck in the election Jim. part of me wants Romney to win, simply so your head doesn't explode. |
"So, you won't acknowledge that the slide that started before he took office seriously impacted the first year + of this administration?"
Of course I acknowledge that. Do liberals acknowledge that it was Bill Clinton who de-regulated banks, which allowed them to participate in swapping fishy derivitives, which made the subprime mortgage crisis as bad as it was? I've never heard a liberal mention that. They all blame Bush.
Anyway, I don't blame Obama for every job that was lost. Nor do I give him creidt for every job that was created. I measure him on the fact that in 4 years, he added $5 trillion to the debt. What do we have to show for it? Unemployment that has not gone down at all, and a huge drop in median household income. In those 4 years, he did exactly nothing to address SS and Medicare. Based on that, I don't see how you give him anything higher than an 'F' on the economy.
" I choose to look at the term as a whole"
The hell you did. You said jobs were created in "most months". That necessarily means you are ignoring the effect of the bad months, and giving weight to the good months.
"You view it as he has done nothing"
Wrong again. I wish he had done 'nothing', because what he has done is make it far worse. $5 trillion added to the debt in 4 years (do you care about that at all?), with no measurable improvement to unemployment, and a big drop in household income. Sorry if those facts don't suport your agenda, but they are facts nonetheless.
Clearly, unemployment has come down from its peak. That doesn't mean you only judge him on what has happened since unemployment peaked. As you said, you judge him on his whole term. During his term, unemployment is flat, income is down, and GDP growth is anemic at best. Facts.
"why under Clinton's higher rates did the economy flourish?"
Because Clinton also did some other things, like cut spending (opposite of Obama), balance the budgetn (opposite of Obama), and kicked millions off welfare (opposite of Obama). You also left out the fact that after Bush cut tax rates, the economy continued to flourish, until the subprime mortgage crisis hit. Everyone blames the GOP for that, but they base that on teh fact that Bush was president. The Dems contriolled congress from 2006 unril 2010. What did Bush do to cause the subprime mortgage crisis? No one can give an answer to that. As I said, it was Clinton who de-regulated the banks (he repealed the Glass-Staegal act in 1999), but you never hear that mentioned for some reason.
You're citing the Huffington Post. Great. Listen to what Romney is actually saying. He has always said that the voucher component is an option for those who want it, but if seniors want to stay in a Medicare-type plan, they can choose that too. The fiend!!!
"As far as the deficit number, I agree that it sucks we have spent more than we took in. I have yet to hear from Romney how he would do this differently"
Then you simply are not listening to what he's saying. He says he'll cut spending.
"part of me wants Romney to win, simply so your head doesn't explode"
I'm not worried about me. I'll be fine, my kids will be fine. I'm worried about others not as fortunate as me.