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Getbig Main Boards => Politics and Political Issues Board => Topic started by: headhuntersix on July 11, 2009, 06:45:00 AM

Title: Obama Says Economic Stimulus Worked as Intended
Post by: headhuntersix on July 11, 2009, 06:45:00 AM
Oh really Barry...remember when u said unemployment could go to 9% by 2010, if we don't have ur douchbag spending plan....its july 09 and climbing over 9.5...good job.



July 11 (Bloomberg) -- President Barack Obama said his $787 billion stimulus bill “has worked as intended” as he pushed back against Republican criticism that his recovery program has failed to rescue the economy.

“It has already extended unemployment insurance and health insurance to those who have lost their jobs in this recession,” Obama, who is traveling today in Ghana, said in his weekly Saturday radio and Web address. “It has delivered $43 billion in tax relief to American working families and business.”

Were it not for the stimulus program, the president said, “state deficits would be nearly twice as large as they are now, resulting in tens of thousands of additional layoffs -- layoffs that would affect police officers, teachers, and firefighters.”

In the weekly Republican response, House Minority Whip Eric Cantor of Virginia said the stimulus bill was “full of pork- barrel spending, government waste and massive borrowing cleverly called ‘stimulus.’”

“The plain truth is that President Obama’s economic decisions have not produced jobs, have not produced prosperity, and have not worked,” Cantor said.

He said the Republicans want reductions in tax rates that he said would help middle-class families.

In asking for public patience, Obama said the recovery act “wasn’t designed to restore the economy to full health on its own, but to provide the boost necessary to stop the free fall.”

Spur Demand

Enacted in February, the bill “was designed to spur demand and get people spending again and cushion those who had borne the brunt of the crisis,” the president said.

Obama said the measure “was not designed to work in four months -- it was designed to work over two years.”

The spending plan will “accelerate greatly” through the summer and autumn, launching “thousands more infrastructure projects” that will lead to additional jobs, he said.

“We’re moving in the right direction,” Obama said. “We must let it work the way it’s supposed to, with the understanding that in any recession, unemployment tends to recover more slowly than other measures of economic activity.”

In a Bloomberg interview last month, the president said he expected unemployment rates to exceed 10 percent.

In his radio address, Obama also renewed his commitment to comprehensive health-care legislation that expands insurance coverage while cutting costs. He also vowed to address long-term entitlement reform.

Earlier this week, Vice President Joe Biden also defended the Obama administration’s efforts to rebuild America’s economy, while expressing frustration with those who say progress is too slow.

“Remember, we’re only 140 days into this deal,” Biden said in a speech in Cincinnati. “It’s supposed to take 18 months.”

Biden went into greater detail than Obama, ticking off the programs funded through the $787 billion economic stimulus measure. Thousands of jobs a day have been saved and interest rates have been kept low, saving middle-class families $1,200 to $1,600 a year in mortgage payments, he said.
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: Mons Venus on July 11, 2009, 07:08:58 AM

Oh really Barry...remember when u said unemployment could go to 9% by 2010, if we don't have ur douchbag spending plan....its july 09 and climbing over 9.5...good job.




Hahahahahaa  This coming from a Government dependent with 10,000 GetBig posts ?  Guys like you are part of the problem not the solution.  Get a real job you worthless POS !
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: headhuntersix on July 11, 2009, 08:19:45 AM
Yeah ok dude..says the guy who got bounched from the service. Waaaaaaaaa douchebag.
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: Mons Venus on July 11, 2009, 08:47:22 AM
HH6 = Government DEPENDENT teaching Capitalism?  ;D


Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: Kazan on July 11, 2009, 08:54:09 AM
(http://www.cnet.com/i/bto/20080908/Thread-Offtopic-Derailed.jpg)
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: Bindare_Dundat on July 11, 2009, 10:22:20 AM
I don't beleive a god damn word any of these politicans spew. Anyone that does needs to take a flying leap so we can thin the herd a bit.
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: headhuntersix on July 11, 2009, 11:43:57 AM
HH6 = Government DEPENDENT teaching Capitalism?  ;D




Mon Venus=I was kicked out of the Service for being a fag.
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: GigantorX on July 11, 2009, 11:48:52 AM
Mon Venus.....I was kicked out of the Service for being a fag.

Huh? This is a new development.
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: headhuntersix on July 11, 2009, 11:52:15 AM
I should have put equals.....hahah. I'll fix it.
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: Dos Equis on July 11, 2009, 11:58:13 AM
Hahahahahaa  This coming from a Government dependent with 10,000 GetBig posts ?  Guys like you are part of the problem not the solution.  Get a real job you worthless POS !

Dude I'm leaving these here because HH has engaged you, but I'm going to start whacking this troll crap. 
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: tonymctones on July 11, 2009, 11:29:11 PM
Dude I'm leaving these here because HH has engaged you, but I'm going to start whacking this troll crap. 
thank you beach and if you have the time lurkers trolling as of late has gotten out of control as well...i know you guys are busy and this is the BEST modded board on getbig to be honest but Ive already stated the trolling and idiocy as of late has been at epic levels...
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: 2ND COMING on July 11, 2009, 11:35:26 PM
Dude I'm leaving these here because HH has engaged you, but I'm going to start whacking this troll crap. 

ahh dont act like hh6 doesnt bait em anyway
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: tonymctones on July 11, 2009, 11:45:49 PM
ahh dont act like hh6 doesnt bait em anyway
how exactly did hh6 bait that response from that dipshit of a gimmick mons? SERIOUSLY???
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: 2ND COMING on July 12, 2009, 12:00:34 AM
how exactly did hh6 bait that response from that dipshit of a gimmick mons? SERIOUSLY???



youre fucking slow sometimes.


hh6 is a saint, gotcha
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: headhuntersix on July 12, 2009, 12:00:58 AM
ahh dont act like hh6 doesnt bait em anyway


There are some that I bait...specifically SAMSON because none of us know his story. I think we all do. BF tries as well. Hugo etc....I am a saint
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: OzmO on July 12, 2009, 12:39:21 AM
Dude I'm leaving these here because HH has engaged you, but I'm going to start whacking this troll crap. 

That's not troll, that's stalker stuff.  This guy is obsessed.
Title: Re: Obama Says Economic Stimulus Worked as Intended
Post by: tonymctones on July 12, 2009, 11:12:41 AM


youre fucking slow sometimes.


hh6 is a saint, gotcha

I never said that and since you cant or wont tell me how hh6's post in this thread baited mons i assume you agree that mons was just trolling/stalking?