Originally posted by bill718bill, sh76 is one of the few rational, thinking Republicans I've come across.
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!
Originally posted by bill718I really should follow up to note that I have never once advocated any sort of further tax cuts at this point. In fact, I strongly criticized the President many times for failing to allow the Bush tax cut to expire. This is why your post is particularly inapplicable to me.
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!
Originally posted by USArmyParatrooperChris Dodd and Barney Frank shot down efforts by John McCain to reign in Fannie and Freddie.
Please cite which specific legislation the Democrats passed with a veto proof majority that hurt the economy.
Thanks.
How about Obama care. The inability to predict exactly what will come down on employers may be the largest incentive to wait that could have been put in front of prospective start ups.
Since its passage FOO are getting exemptions from it. That will probably not be the case with startups, especially if they are non union.
Originally posted by bill718"I'm sure the policies of GW Bush giving Banks, Insurance Co's and Wall Street hacks unfettered license to financially rape the country........."
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!
You're sure because you just don't know. What were those policies you are so sure about? The policies that led directly to the housing bubble and financial collapse were sponsored passed and signed by Jimmy Carter and Bill Clinton.
Read Wreckless Endangerment.
Originally posted by normbenignhe'll argue with you about Obama care until the cows come home... but you're right.
Chris Dodd and Barney Frank shot down efforts by John McCain to reign in Fannie and Freddie.
How about Obama care. The inability to predict exactly what will come down on employers may be the largest incentive to wait that could have been put in front of prospective start ups.
Since its passage FOO are getting exemptions from it. That will probably not be the case with startups, especially if they are non union.
On all counts
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Originally posted by USArmyParatrooperPrivate sector job gains every month since the Bush/bank fraud crash.
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.
TARP was Bush's baby. That's why there were no strings attached to the money.
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Originally posted by normbenignAgain, this is amateur stuff. The problem was not that there were bad mortgages. The problem was that deregulation allowed banks and lenders to list them as positive assets, and so far nobody has gone to jail for it.
Chris Dodd and Barney Frank shot down efforts by John McCain to reign in Fannie and Freddie.
How about Obama care. The inability to predict exactly what will come down on employers may be the largest incentive to wait that could have been put in front of prospective start ups.
Since its passage FOO are getting exemptions from it. That will probably not be the case with startups, especially if they are non union.
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Originally posted by sh76I don't see why using 2008 as the baseline is unfair. It's when the crash took place. That's really the ONLY basis for fair comparison. Bush had years of high tech expansion from before he took office to work with.
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.
The fact of the matter is that the economy was spiraling quickly, and the stimulus prevented a 30s type depression. It wasn't enough, and it should have been more oriented towards economic restructuring, and accompanied by reform of trade deals and banking regulation.
These charts describe the impact of Obama's policies in the context of the largest sudden drain of money from an economy in our history, including the Great Depression. That it didn't result in Bushvilles and long soup lines in the suburbs is a credit to the safety nets liberals and socialists fought for and passed over the past century.
Originally posted by KunsooYou mean "liberals" and "socialists" like Nixon who created SSI and Reagan who expanded social security and Medicare?
That it didn't result in Bushvilles and long soup lines in the suburbs is a credit to the safety nets liberals and socialists fought for and passed over the past century.