Author Topic: The economy will never recover so long as Obama Admn is in office.  (Read 1576 times)

Straw Man

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #25 on: July 10, 2011, 07:54:43 AM »
More fucking spending straw?????      Wtf is wrong w you? 

yes

on the right stuff and no more fucking tax cuts

taxes are actually lower now than under Bush

how did that stimulate jobs

the goverment has the ability to stimulate the economy through spending on worthwhile activities and we actually get more than a dollar in return for a dollar spent

contracting spending and giving more tax cuts to the uber wealthly does NOTHING to help teh economy

It does help wealthy people increase their wealth and that is all the Repubs care about.

I have not heard one Repub offer an plan on how they are going to help the 95% in this country

All I hear are threats that if we dont' give even more to the 5% who have virutually all the wealth then we'll all be fucked

I'm not buying it

It's a lie

Soul Crusher

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #26 on: July 10, 2011, 07:57:36 AM »
Hey moron      Obamacare, Dodd frank, NLRB , EPA, and endless communist shit from Obama are killing the nation, not lack of pot hole replacement jobs. 

whork25

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #27 on: July 10, 2011, 08:02:47 AM »
Hey moron      Obamacare, Dodd frank, NLRB , EPA, and endless communist shit from Obama are killing the nation, not lack of pot hole replacement jobs. 

Are you 12 years old ???

You are embarresing yourself with this kind of rethoric

Soul Crusher

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #28 on: July 10, 2011, 08:04:40 AM »
Are you 12 years old ???

You are embarresing yourself with this kind of rethoric

Wrong blacken, I have been dead right from day one.   The failures like yourself, straw, Benny, Vince 240 have been dead wrong from the beginning.   You voted for this disaster, own u to it. 

Straw Man

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #29 on: July 10, 2011, 08:06:26 AM »
Hey moron      Obamacare, Dodd frank, NLRB , EPA, and endless communist shit from Obama are killing the nation, not lack of pot hole replacement jobs. 

hey moron

stop with the alphabet soup of shit you hate, most of which have nothing to do with the topic at hand

no offense, but you're simply too stupid to have an actual conversation on this topic

Soul Crusher

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #30 on: July 10, 2011, 08:11:12 AM »
hey moron

stop with the alphabet soup of shit you hate, most of which have nothing to do with the topic at hand

no offense, but you're simply too stupid to have an actual conversation on this topic



Ha ha ha a ha lmfao.    Every month that Obama sinks the economy more and more you leftists get more desperate for excuses.   Three years in to this shit show and you still are clueless. 

whork25

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #31 on: July 10, 2011, 08:21:10 AM »

Ha ha ha a ha lmfao.    Every month that Obama sinks the economy more and more you leftists get more desperate for excuses.   Three years in to this shit show and you still are clueless. 

The economy crashed under Bush. Seems like you are clueless and blinded by hate

Soul Crusher

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #32 on: July 10, 2011, 08:23:33 AM »
So how long before it stops getting worse?   And also - what did bush do to crash the economy.

whork25

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #33 on: July 10, 2011, 08:28:02 AM »
So how long before it stops getting worse?   And also - what did bush do to crash the economy.

Im not blaming Bush dont get me wrong

But you are blaming Obama for a economy that crashed when he wasnt president

Whats right is right make your opinions but dont fucking lie

Soul Crusher

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #34 on: July 10, 2011, 08:29:48 AM »
Obama is pouring kerosene on the fire and making this drastically worse. 

Again - when are things supposed to get better? 

whork25

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #35 on: July 10, 2011, 08:35:45 AM »
Obama is pouring kerosene on the fire and making this drastically worse. 

Again - when are things supposed to get better? 

When we dont have a Wall Street government

We need to change the electorial system

Soul Crusher

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #36 on: July 10, 2011, 08:37:15 AM »
Was clinton owned by wall street? 

whork25

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #37 on: July 10, 2011, 08:42:36 AM »
Was clinton owned by wall street? 

Im pretty sure he was, according to the movie Inside Job he continued the changes to our financial system that starting under Reagan making the system more unstable.

So i would say yes

Dos Equis

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #38 on: July 10, 2011, 02:58:24 PM »
Was talking to an older gentleman yesterday who said he has been through tough economic times in the 50s, 70s, and 80s, and this is the worst he can recall.  He doesn't believe things will improve.  Pretty gloomy prediction.   :-\

Soul Crusher

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #39 on: July 10, 2011, 03:00:43 PM »
Was talking to an older gentleman yesterday who said he has been through tough economic times in the 50s, 70s, and 80s, and this is the worst he can recall.  He doesn't believe things will improve.  Pretty gloomy prediction.   :-\

It's not going to so long as we have a commie potus, academic hacks running agencies, businesses cursed and trashed, lazy parasites like Benny blacken etc robbing looting mobbing and grifting etc. 


We need to clean house and send the parasite left to an island. 

Dos Equis

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #40 on: July 10, 2011, 03:23:59 PM »
It's not going to so long as we have a commie potus, academic hacks running agencies, businesses cursed and trashed, lazy parasites like Benny blacken etc robbing looting mobbing and grifting etc. 


We need to clean house and send the parasite left to an island. 

Step one was splitting up the Congress.  Step two is getting rid of the current administration. 

Soul Crusher

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #41 on: July 11, 2011, 08:50:31 PM »
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NYC business owners sick over ObamaCare
NY Post ^ | July 2, 2011 | JOHN AIDAN BYRNE
Posted on July 3, 2011 8:45:22 AM EDT by lowbridge

Rohit Arora runs a small business credit service. His firm provides the much-needed capital for companies to grow, expand and to hire.

So when Arora, the CEO of Biz2Credit, a Midtown finance company, says his latest research shows businesses large and small are making every effort to avoid hiring full-time workers, Washington should take notice.

The reason, Arora says, is because of rising health-care costs and fears about ObamaCare, the red tape and paperwork. He is also practicing what he hears with his own firm.

"ObamaCare has cast a long shadow over my plans to hire more staff," Arora said.

Employers across the metro area have had to put off hiring workers. They blame spiraling health-care costs and the uncertain future price tag of ObamaCare.

Another owner, Frank Passantino, is furious.

(Excerpt) Read more at nypost.com ...

Soul Crusher

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #42 on: July 12, 2011, 09:21:50 AM »
ECONOMY JULY 12, 2011, 12:07 P.M. ET
McConnell Says 'Real Deal' Not Possible With Obama
By COREY BOLES
www.wsj.com





WASHINGTON—A "real solution" to U.S. fiscal problems isn't possible as long as President Barack Obama remains in office, Senate Minority Leader Mitch McConnell said Tuesday, heightening the rhetoric surrounding the debt-ceiling debate.

Mr. McConnell, the Senate's top Republican, said he had gone into negotiations in good faith over how to formulate a deficit-reduction package to accompany an increase in the statutory borrowing limit.

The Treasury has said the limit must be raised by Aug. 2 to avoid the potential of a U.S. default on its debts, while Mr. Obama has said he wants a deal by July 22.

After the latest negotiations, led by Mr. Obama, Mr. McConnell said he concluded that the administration had "expressed a fundamental unwillingness" to agree to significant spending cuts.

"But after years of discussions and months of negotiations, I have little question that as long as this president is in the Oval Office, a real solution is unattainable," Mr. McConnell said in a Senate floor speech.

More

President's Focus: $4 Trillion Talks Reveal Tension Between GOP Leaders Capital Journal: Why Obama Wants a Big Deal 300 Business Leaders Push for Debt Compromise Romney Silent Over Debt Talks Opinion: Conrad Wants $2 Trillion Mr. McConnell gave the speech hours before congressional leaders are set to return to the White House for a third negotiating session in as many days in an attempt to overcome the impasse over how to raise the debt ceiling. A senior aide to the Kentucky lawmaker said he still intended to participate in the White House meeting.

Mr. Obama pressed congressional leaders Monday to forge a $4 trillion, 10-year deal during a contentious negotiating session at the White House. Yet the odds appeared to diminish that Democrats and Republicans can bridge their differences over taxes and social programs to reach such a sweeping plan ahead of the debt-limit deadline.

Meanwhile, major business trade groups urged Mr. Obama and Congress to boost the debt ceiling and reach agreement on a long-term deficit-reduction plan.

"Now is the time for our political leaders to put aside partisan differences and act in the nation's best interests," according to the letter, signed by the U.S. Chamber of Commerce, Business Roundtable, the Financial Services Forum, the National Association of Manufacturers and others. "We believe that our nation's economic future is reliant upon their actions and urge them to reach an agreement. It is time to pull together rather than pull apart."

—Jeffrey Sparshott contributed to this article.
Write to Corey Boles at corey.boles@dowjones.com

Soul Crusher

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #43 on: July 19, 2011, 04:57:03 AM »
Bingo - he must be reading my posts. 




Soul Crusher

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #44 on: July 22, 2011, 05:17:27 AM »
Impediment to reform
By George F. Will

Friday, July 22, 2011


WASHINGTON

The tea party, the most welcome political development since the Goldwater insurgency in 1964, lacks only the patience necessary when America lacks the consensus required to propel fundamental change through our constitutional system of checks and balances. If Washington's trajectory could be turned as quickly as tea partyers wish, their movement would not be as necessary as it is. Fortunately, not much patience is required.

The Goldwater impulse took 16 years to reach fruition in the election of Ronald Reagan. The tea party can succeed in 16 months by helping elect a president who will not veto necessary reforms. To achieve that, however, tea partyers must not help the incumbent achieve his objectives in the debt-ceiling dispute.

One of those is to strike a bargain involving big -- but hypothetical and nonbinding -- numbers. This would enable President Obama to run away from his record and run as a debt-reducing centrist. Another Obama objective is tax increases that shatter Republican unity and dampen the tea party's election-turning intensity. Because he probably can achieve neither, he might want market chaos in coming days so Republicans can be cast as complicit in the wretched recovery that is his administration's ugly signature.

Mitch McConnell's proposal would require Obama to make three requests for additional debt-ceiling increases. Each time he would be required to recommend commensurate spending reductions. Congress would, of course, retain its constitutional power to do what it wishes. Obama could muster sufficient Democrat votes to sustain his veto of Congress' disapproval of his requests. But this would not enhance presidential power. Rather, McConnell's proposal would put a harness on the president, tightly confining him within a one-time process.

Congressional primacy would be further enhanced by McConnell's proposed special congressional committee. Its proposals would be unamendable and would be voted on this year.

The debt-ceiling vote has demonstrated that Obama is, strictly speaking, unbelievable. Five months ago he submitted a budget that would have accelerated indebtedness and that the Democrat-controlled Senate rejected in May, 97-0. Just three months ago he was demanding a "clean" increase in the debt ceiling, containing nothing to slow the spending carousel. Now he calls for "the largest possible" debt-reduction deal. Today, he says "if you look at the numbers, then Medicare ... will run out of money and we will not be able to sustain that program no matter how much taxes go up." Last year he advertised ObamaCare as a sufficient reform of health care.



Obama vaguely promises to "look at" savings from entitlements because "we need to find trillions in savings over the next decade." But when McConnell learned that negotiations chaired by Vice President Joe Biden had identified a risible $2 billion in 2012 discretionary spending cuts, McConnell concluded that Obama's frugality pantomime required a response that will define the 2012 election choice.

Richard Miniter, a Forbes columnist, is right: "Obama is not the new FDR, but the new Gorbachev." Beneath the tattered banner of reactionary liberalism, Obama struggles to sustain a doomed system. Democrats' dependency agenda is buckling under an intractable contradiction: It is incompatible with economic growth sufficient to create enough wealth to feed the multiplying tax eaters.

Events are validating the tea partyers' arguments. Time is on their side -- but not on America's, unless the impediment to reform is removed in 16 months.

George F. Will can be reached at georgewill@washpost.com or .




Images and text copyright © 2011 by Trib Total Media, Inc.
Reproduction or reuse prohibited without written consent.


Read more: Impediment to reform - Pittsburgh Tribune-Review http://www.pittsburghlive.com/x/pittsburghtrib/opinion/print_747817.html#ixzz1Sps8J2EC


Soul Crusher

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Re: The economy will never recover so long as Obama Admn is in office.
« Reply #45 on: July 27, 2011, 08:47:14 PM »

OUTSIDE THE BOXJULY 27, 2011
The Antidote for Socialism
We'll have to wait for 2012, because this administration won't administer it.
By PETE DU PONT

Last year I wrote that the enactment of ObamaCare meant "the Europeanization of America is coming to pass, for individual choice and opportunity are being replaced by statism." That law is transferring 17% of our national economy from the marketplace to full control and regulation by the federal government.

And that is just part of the problem. Over the past three years, our nation's economy has become more and more like some of the fragile and overextended statist European economies. The federal debt held by the public as a share of GDP was 40.3% in 2008, 53.5% in 2009, and 62.2% in 2010, and it is estimated at 72% this fiscal year. Everyone can agree that we must change our policies before it is too late, so that we do not end up like Greece or Italy.

But things are looking bleak. While Standard & Poor's and Moody's threaten our nation's credit ratings over our level of debt, one smaller ratings agency has already lowered it. Egan-Jones Ratings Co. downgraded the U.S sovereign debt from triple-A to double-A plus, understanding that the lack of spending control is an essential challenge to our economy in the future. S&P's and Moody's may eventually come to similar conclusions.

All of which suggests it may be too late already. Earlier this month Dan Henninger quoted Robert Lucas, a Nobel laureate in economics, who speculated that "by imitating European policies on labor markets, welfare and taxes," the U.S. has "chosen a new, lower GDP trend." These policies look much like Europe over the past few decades--or America in the 1930s.

As Mr. Lucas points out, in the first 70 years of the 20th century European and American economic growth increased together. But starting in the 1970s, Europe's growth lagged due to larger welfare-state costs and much higher taxes. The Obama administration has put America on a similar trajectory.

How do we get America away from European-style socialism? We can all agree that the debt ceiling needs to be raised, for we cannot default and there is not enough we can immediately cut to stay under the current limit

We can also agree that it would be harmful to the economy to focus on increased tax revenues to try and dig us out of the economic hole. Raising tax rates in a counterproductive attempt to raise more revenues would depress economic growth and hurt any chance of a significant increase in jobs, especially since the new taxes would fall on employers who are just beginning to feel the costs of ObamaCare, not to mention a bevy of other new and threatened regulations.

Republicans in the House hoped the debt ceiling negotiation process would have been a chance to reset the trajectory of huge increases in government spending. But it is not likely to happen, for the president will not move enough to fix our worsening financial position. That means the 2012 election is the most likely opportunity to change America's fiscal policies.

So the public policy results of the next election must be business and individual tax reform—lower rates on a flatter and broader base, repeal of ObamaCare, and reform of entitlement programs (slowly raising the Social Security retirement age, adding in block grants to the states for their own Medicaid rules, etc.). Add in the elimination of farm and "green" subsidies like ethanol,continue banning earmarks, and get federal spending down to 20 percent of GDP.

None of these policy changes will be possible with President Obama in the White House or Democrats in control of the Senate. America needs new political leadership to get our economy back on track, leadership in the hands of those willing to actually make the basic decisions needed. We need the kind of leaders who made America great in the last century so that it can remain successful in this one.


Www.wsj.com