01 Sep '11 05:40>1 edit
http://www.truthout.com/three-charts-email-your-right-wing-brother-law/1314626142
Originally posted by KunsooPay particular attention to this one.
http://www.truthout.com/three-charts-email-your-right-wing-brother-law/1314626142
Originally posted by USArmyParatrooperI think the problem is that not enough voters really understood how badly the Republicans and bank fraudsters messed up the economy in 2007 to 2008 - and actually before that. It takes a little bit of understanding, and unfortunately most people just don't have the time to look at it and learn about it. And they have short memories.
Pay particular attention to this one.
http://www.flickr.com/photos/davecjohnson/6088811219/lightbox/
An extremely dramatic turnaround from job losses to job gains during the stimulus. And the effects were lasting. At the time the stimulus went away we had ventured into very small, positive jobs gains and we've remained flat at that level eve ...[text shortened]... more stimulus boost is just what we need. Nothing shrinks deficits like a good economy.
Originally posted by KunsooThat middle chart is a classic example of the type of BS you can use to spin numbers.
http://www.truthout.com/three-charts-email-your-right-wing-brother-law/1314626142
Originally posted by KunsooHow stupid do you think people are? Congress was in Democratic hands during '07 and '08. Barney Frank, Chris Dodd and Barrak Obama were leaders in their respective banking committees. Fannie Mae was a Democratic wet dream.
I think the problem is that not enough voters really understood how badly the Republicans and bank fraudsters messed up the economy in 2007 to 2008 - and actually before that. It takes a little bit of understanding, and unfortunately most people just don't have the time to look at it and learn about it. And they have short memories.
Originally posted by sh76If you look at that third chart you can see the turn around from massive jobs losses to slight jobs gains was very dramatic (during the stimulus). The stimulus ended and we've been stuck at those very slight monthly jobs gains ever since.
That middle chart is a classic example of the type of BS you can use to spin numbers.
As the chart shows, the Bush deficits were never higher than 400B and were under 200B after the DRA. The enormous deficit in 2008 was a result of TARP, passed by the Dem Congress; which was supposed to be a one time thing.
The HUGE deficit of 2008 was not supposed to co ...[text shortened]... a good economy, those numbers should be 300k or 400k.
Lies, damn lies and statistics.
Originally posted by normbenignPlease cite which specific legislation the Democrats passed with a veto proof majority that hurt the economy.
How stupid do you think people are? Congress was in Democratic hands during '07 and '08. Barney Frank, Chris Dodd and Barrak Obama were leaders in their respective banking committees. Fannie Mae was a Democratic wet dream.
Originally posted by sh76You hit the nail on the head, it's alot of BS.....
By historical standards, we should have had a good chance to be completely clear of the recession by now with significantly reduced unemployment. 3.5 years out from a recession? In most cases, the economy is booming by now.
The administration has failed to accomplish that. You want to blame Bush? Fine. Sure. Why not? But don't sit there and tell me how good ...[text shortened]... suck a little less than they did when I took over!"
Good luck selling that one, boys.
Originally posted by USArmyParatrooperI never said the stimulus didn't work. Of course every stimulus is going to have some sort of positive effect. The issue with any stimulus is merely whether it's worth the enormous deficits they cause.
If you look at that third chart you can see the turn around from massive jobs losses to slight jobs gains was very dramatic (during the stimulus). The stimulus ended and we've been stuck at those very slight monthly jobs gains ever since.
A year and a half later, "see! the stimulus didn't work!"
Originally posted by sh76The problem is it wasn't enough. Nothing decreases deficits like a booming economy. The thing is the gains we did make held even a year and a half later (much to my surprise to be honest). I honestly believe one more big stimulus and we'd be gold, but we both know that's never going to happen.
I never said the stimulus didn't work. Of course every stimulus is going to have some sort of positive effect. The issue with any stimulus is merely whether it's worth the enormous deficits they cause.
Moreover, I'll concede that the stimulus may have been a good idea (though it could have been allocated better).
But for every which excuse anyone can com ...[text shortened]... ne. I can buy that. But comparing all the Obama years to 2008 alone is downright ridiculous.
Originally posted by sh76I'm sure the policies of GW Bush giving Banks, Insurance Co's and Wall Street hacks unfettered license to financially rape the country is a big improvement! 8 years it took Bush to ruin things, now when Obama can't clean up the mess in 2 or 3, we're ready to fire him and elect another supply side idiot Republican promising if we just give a few more tax breaks to the rich, profits to the fortune 500 folks, and less regulation (i.e. no laws!) things will be just dandy!!🙄🙄🙄
That middle chart is a classic example of the type of BS you can use to spin numbers.
As the chart shows, the Bush deficits were never higher than 400B and were under 200B after the DRA. The enormous deficit in 2008 was a result of TARP, passed by the Dem Congress; which was supposed to be a one time thing.
The HUGE deficit of 2008 was not supposed to co a good economy, those numbers should be 300k or 400k.
Lies, damn lies and statistics.
Originally posted by USArmyParatrooperMaybe you're right. If you believe that, then vote for someone who will do it.
The problem is it wasn't enough. Nothing decreases deficits like a booming economy. The thing is the gains we did make held even a year and a half later (much to my surprise to be honest). I honestly believe one more big stimulus and we'd be gold, but we both know that's never going to happen.
Originally posted by bill718Your use of the word "your" before the phrase "Conservative agenda" shows that you don't have the first damn clue as to my economic outlook and views.
I'm sure the policies of GW Bush giving Banks, Insurance Co's and Wall Street hacks unfettered license to financially rape the country is a big improvement! 8 years it took Bush to ruin things, now when Obama can't clean up the mess in 2 or 3, we're ready to fire him and elect another supply side idiot Republican promising if we just give a few more tax brea ...[text shortened]...
sh76...you can nit pick the stat's all you want, but your Conservative agenda still sucks!