Quote:
Originally Posted by spence
Here's an interesting take on how clueless Obama really is on the economy.
Under Obama taxes are at an all time low, corporate profits are at record highs, the market has grown under his presidency faster than ever in history, international investors recently polled showed that the US had the best investment climate etc...
What does big money say about ‘Obama is socialist’ meme? | Jay Bookman
-spence |
(1)
corporate profits are at an all time high. Spence, first of all, I thought liberals would think that's a BAD thing? Second of all, look at the chart in the link you provided. If corporate profits had been droppping for 20 years before Obama got in, and then he turned things around, that's one thing. But Spence, look at the chart. The upward trend in corporate profits has been steady for 50 years. TELL ME WHAT OBAMA DID, SPECIFICALLY, to help increase profits, or admit that it just happened on his watch.
(2)
the market has grown gaster than ever in hostory
Again, I could have sworn that liberals would think that's bad, as it only increases the wealth gap between rich and poor, it keeps poor people down, or some other such Bolshevik nonsense. Second, the sharp increase is largely due to the horrible crash that happened right before he got sworn in (and guess which party controlled the legislature for 2 years leading up to that crash?). Third, again, what has Obama done to help Wall Street? All he does is demonize Wall Street!
Spence, annswer my questions, or please go outside and play so the adults can talk.
According to Spence, every single good thing that happens on Obama's watch, he gets credit for. Every single bad thing that happens on Obama's watch, is someone else's fault. That's all you ever say. We get it. Obama takes the same approach. It works on non-thinking simpletons.
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