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May 11th, 2011
11:28 AM ET
Obama: ‘We saved the country from a Great Depression’WASHINGTON (CNN) – At a pair of fundraisers in Austin, Texas, Tuesday night, a confident Barack Obama touted accomplishments made under his watch, and declared, “We saved the country from a Great Depression.” The president said the shrinking economy he inherited “is now growing fairly steadily.” “I don't think we fully realized how dramatic some of the changes would be as we came into office,” he told supporters, citing his administration’s handling of the banking crisis, intervening in the auto industry, passing equal pay legislation, investing in education and clean energy, doubling exports, ending a war, “as promised,” and working on drawing down troops in Afghanistan this year. But with all that progress, Mr. Obama warned, “we still got some climbing to do,” saying he wants to reach a “summit” where all children have opportunity and where America is more prosperous. “That's the summit we want to reach. And it’s going to take more than a couple years to get there. In fact, it’s going to take more than one term to get there,” he said to applause. President Obama then asked his faithful to hang in there with him – even if it looks like he’s compromising too much with the Republican agenda. “I know all the grumbling,” he said, admitting he gets frustrated too. Then a candid Obama admitted while he gets frustrated, even “candidate” Obama knew it would be a tough row to hoe.
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Thats right, Barry's $1,000,000,000,000 night-light kept the big bad Boogie Man away.
That's right Jay. That is how bad the damage was! If you rented out your car and incured damages in the process, and you leave it (your car) in for repairs and got an invoice, the sum to be paid should tell you something a little about the extent of the damage to your car!! Restoration always costs and as for the repair costs, blame he who caused the damage not he who is repairing!
Tell us where the jobs are?? He spent 1 trillion to "save" us and promised at or below 8% unemployment. We spent the money and yet received nothing for it. I guess you could say that would be like paying for a Restoration, and yet receiving nothing. Still waiting for the jobs and let us not forget the 1,000 plus waivers for the wonderful healthcare bill. Tell us again if the healthcare bill is so good, why give out over 1,000 waivers? Put down the kool-aid and drink the water.
George , You sound like you work for the Liar & Chief , this president has no idea what the hell he is doing everything that comes from his lying mouth sounds like he just heard it himself , where are all those jobs he promised you know those shovel ready jobs , when he speaks you do need a shovel . If it weren't for the lame street media like CNN , MSNBC , ABC & CBS and the rest of the Sorso`s group doing more covering of Obama`s woes then telling the truth his poll numbers would be a lot lower then they are now , now he says lets drill offshore again only after the Republican congress passed the vote last week . We have a president we can do without & we also have a president who seems so way out of his league period . IMPEACH THIS MOFO
If only the economy were a car. Your metaphor aside, Obama inherited a shrinking economy and nearly collapsed it. We are just now getting back to where it was when he took office. I was never a fan of Bush, and I'm not a Republican, but I will likely be voting Republican in the upcoming election. Obama didn't save us from a depression, he nearly caused one then wants credit for averting it. If your mechanic is charging you to restore things he broke, then yes you can blame the one doing the restoration.
That's right Jay. That is how bad the damage was! If you rented out your car and incured damages in the process, and you leave it (your car) in for repairs and got an invoice, the sum to be paid should tell you something a little about the extent of the damage to your car!! Restoration always costs and as for the repair costs, blame he who caused the damage not he who is repairing!Don't blame Barry for the invoice he is just incuring costs of repairing the huge damage!
Really deep, George. If you're equating the state of the U.S. economy to a car wreck, then you're right on. Otherwise keep your shallow thought process to yourself.
@Nick
You realize you just agreed with him, right?
I and millions of other Americans voted – correctly for a man named Barack Obama, who has in fact proven to be a great leader both at home and abroad, and I do believe him when he says his efforts steered us from another economic depression. If you want to see what the alternative might have looked like, just check out the facts about the 2008 campaign and note Obama's leadership, and John McCain's lack thereof, as the financial crisis unfolded.
Share the wealth... 2012 can't come soon enough.
Well, not so fast, it seems like Barack Hussein Obama wants to keep everyone in the dark...it appears under the microscope a lot of conditioning was done to his birth certificate..yeah...yeah...yeah..I know the issue was settled only for those who don't want to know the truth...only those who like to be fooled! And it appears the Obama administration is a REAL CLOWN!
Truth or Prejudice – The Republican cheap shot game.
Bush gave us record deficits b/c he didn't pay for 2 wars, tax cuts, or medicare part D. 10 trillion was left on the credit card plus a plummetting economy (300,000 jobs per month being lost, which adds to the deficit due to lack of revenue, i.e. tax intake). Obama engaged in more deficit spending 1-3 trillion(not counting what the FED Reserve spent) to pour back into the economy in the form of bank bailouts, auto bailouts, and stimulus. The difference? It was needed!!!!! Without these financial tools, the economy would be lost.....unemployment would be at 30 -40% like in the 1930's........That's just a sad fact.
These bailouts were not necessary, they were un-American. You cannot pick and choose who to help, it should be based on market forces, which are fair. You just don't have a clue
Don't forget the bank bail out was under Bush. Give credit where credit is due. Unfortunately no one regualted the banks to make sure it was being used untill Obama. However, Bush, not his crownies, realized it needed to be done.
If you look at the facts it was a Democratic Congress that created our economic woes. Quit the blame game!
Obama is following the same plan as FDR – massive Govt. spending! After six years of doing that without results, FDR's own Treasury Sec. said "it doesn't work." If you l;ook at the unemployment/job loss numbers you will see they bottomed the month Obama came into office. This was long before any new policy or stimulus spending could have affected anything. Without typical Progressive meddling, it would have rebounded as it always has (except when Hoover/FDR meddled endlessly.) Obama's interference in housing foreclosures only extended the crisis, his stimulus spending just spent money inefficiently/ineffectively. His layers of new regulations have hampered job creation. He may be well intentioned, but he has zero understanding of economics.
Unfunded wars? Are you really that far in the tank of the liberals? How can you have an unfunded war? 10 trillion on the credit card? Look at the US debt and unemployment in Jan 2007 when democrats took control of government and the checkbook and look at it in Jan of this year. The facts are there for anyone who really wants to know who ran this country into a ditch.
Since you brought of the wars, Obama spent more in TWO MONTHS THAN BOTH WARS COST IN 10 YEARS!!!!!
Liberals are pathetic little liars and should be treated like the parasites they really are.
That "record" didn't last long. Under Obama, spending has equalled in 2 years more than under Bush for eight years.
I love how everything is would of could of and should of with you liberal losers. Your insight to this with Obama's, i am amazed there was even a recession at all. That is a sad fact idiot!!
Right on the nail brother.
Obama is a self serving empty suit, who was packaged and sold to the American people, and who is destroying our economy. The only way Obama can win an election, is by buying votes. That's why he needs to spend a BILLION dollars. Obama would throw the anybody under the bus, in a heart beat, if it furthered his political ambitions. Obama will say, or do anything to get reelected ... Obama has zero credibility.
SAVE AMERICA ... DUMP OBAMA IN 2012 !!!
Obama: ‘We saved the country from a Great Depression’
ha..ha...ha...ha...ha...ha...ha...ha...ha...ah...ha..ha...ha..ha
hahahahahahahahahahahahahaha You must be a tea bagger if you think we weren’t headed in that direction.
Well, well, is it possible that an inexperienced community organizer, and his hordes of clueless supporters didn't know as much as our great leaders of the past 234 years, who they arrogantly accused of having it all wrong. Already, Obama has experienced success by flip flopping, and benefiting from Bush's interrogations, and now he's doing a 180, when it comes to drilling for domestic oil. America is paying a BIG price for this president's on the job training. And, Obama owes Bush, our constitution, and numerous patriots who came before him a BIG apology, for demonizing them, in order to further his own political ambition
The funny thing is if anyone of you started a new job as a supervisor and had to clean up the previous supervisors mess you would flip out and swear to the rest of the company it’s not your fault. You fickle minded people are the reason Obama will get reelected again. You have no facts behind why he is a bad president. All you have is the fact that you don’t like him. I’m sorry fellow Americans but with the internet and news media its going to be difficult to hold on to your theory that Obama is destroying America. Well I take that back, if your over the age of 55 scared tactics and carnival barking might work but to the rest of the country that understand right is right and wrong is wrong there will be no fooling us.
It's easy to say something.If it makes sense its another story.The jobs left the country on juniors watch.What is Obama suppose to do to do to get them back.
He did. Why is this news? Are you trying to trump something up CNN?... "How dare Obama use the D-word and suggest that he somehow had anything to do with saving our economy and putting us back on stable footing?
really? are you serious? hahahahahahahaha. OMG. that's funny. If anything, he made our situatio worse. Obama is a fool!
Bush gave us record deficits b/c he didn't pay for 2 wars, tax cuts, or medicare part D. 10 trillion was left on the credit card plus a plummetting economy (300,000 jobs per month being lost, which adds to the deficit due to lack of revenue, i.e. tax intake). Obama engaged in more deficit spending 1-3 trillion(not counting what the FED Reserve spent) to pour back into the economy in the form of bank bailouts, auto bailouts, and stimulus. The difference? It was needed!!!!! Without these financial tools, the economy would be lost.....unemployment would be at 30 -40% like in the 1930's........That's just a sad fact.
Obama has spent more American tax money in the first two years of his Presidency, than all the Presidents before him, COMBINED !!! ... and, he still is pushing to spend TRILLIONS more !!!
Here are just a few examples of how Obama is ruining our economy:
2009 GAS $1.83 per gallon TODAY $4.00 + per gallon
2009 SOYBEANS $9.66 TODAY $13.75
2009 SUGAR $$13.37 TODAY $35.39
2009 UNEMPLOYMENT RATE BLACKS 12.6% TODAY 15.8%
2009 NUMBER OF LONG TERM UNEMPLOYED 2,600,000 TODAY 6,400,000
2009 PEOPLE IN POVERTY IN U.S. 39,800,000 TODAY 43,600,000
2009 NATIONAL DEBT IN TRILLIONS $10,627 TODAY $14,052
Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Over 27 times as fast! Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . it would be doing 1,755 MPH! This is a disaster!
Whoa! That's one cool car Howard. It does Mach 2+. Does it run on gas and is it made it Detroit or Asia?
One word I have to say to you Howard " liar".
I agree, Obama is a liar if he tries to tell people things are better now. All you have to do is buy gas, groceries or try to find a job these days to prove it.
I like how you back up your "liar" comment. Stop following blindly and give up your free governmnet money.
Why raja? Please tell us why he is lying. Typical lib can't argue numbers
Only one word for you UNEDUCATED / Maybe two GULLIBLE = OBAMA SUCKS
i hate it when people state "facts" and then not show where they got the information, what you think we'll just accept this info and take it as fact? not everyone is that retarded.
SOURCES FOR BRANDON ... and, anyone else who refuses to accept FACTS !!!
(1) U.S. Energy Information Administration; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury
Obama has spent more American tax money in the first two years of his Presidency, than all the Presidents before him, COMBINED !!! ... and, he still is pushing to spend TRILLIONS more !!!
Here are just a few examples of how Obama is ruining our economy:
2009 GAS $1.83 per gallon TODAY $4.00 + per gallon
2009 SOYBEANS $9.66 TODAY $13.75
2009 SUGAR $$13.37 TODAY $35.39
2009 UNEMPLOYMENT RATE BLACKS 12.6% TODAY 15.8%
2009 NUMBER OF LONG TERM UNEMPLOYED 2,600,000 TODAY 6,400,000
2009 PEOPLE IN POVERTY IN U.S. 39,800,000 TODAY 43,600,000
2009 NATIONAL DEBT IN TRILLIONS $10,627 TODAY $14,052
Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Over 27 times as fast! Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . it would be doing 1,755 MPH! This is a disaster!
Howard: In the 2 years of being in office Obama has done all he can do to keep us from falling off the cliff Bush steered us to. 2 unfunded wars, wall street deregulated greed, massive tarp for the same people that put us here and the desire to shred anything that protects the average American. People like you better wake up and realize that if we let big business move the jobs off shore, retain huge subsidies there won't be anyone left to buy their products. In some ways the corporate people that own the republican party will end up with ALL your money and our country. Dude open your eyes. I am a registered Republican and even voted for Bush twice...but now I am beginning to believe we are definitely headed toward corporate ownership of our country if we don't stop the take over we are doomed to serfdom.
Thank you, Warren. NOONE could fix this mess in 2 years and President Obama has done everything he can to stop the bleeding. Have any of you read any actual reports from economists? We would be in much worse shape without the interventions of the Obama administration.
DUDE ... America became the greatest, most prosperous, freest country in the world, by following a free enterprise system for over 234 years !!! Stop drinking the Obama kool aid. This fool, who never had a real job, has bamboozled you into thinking he knows more than our founding fathers, and 234 years of brilliant Americans who came before us.
... and, you say you're a Republican ... well, maybe a Rino.
That is faulty cause and effect, sir. 🙂 The higher prices we've gained in the last two years would have happened regardless of who won in 2008. What matters is that this president is trying his hardest to curb rising costs and joblessness. The problem is that Republicans never gave him a chance. As soon as he took office, they started saying he was breaking campaign promises and was putting forth is "socialist agenda." It's hard to do something when there's as many hurdles in front of you as there are Republican congressmen...literally. Another thing I get tired of hearing is "No He Can't." The slogan was Yes WE Can. TOGETHER WE can make the changes necessary to fix this. However, instead of fixing it, we kept pointing fingers because things didn't change fast enough for our tastes. People say the Boomer generation is the best one still alive. I say most of them are spoiled, and don't realize the hard work it takes not only our politicians, but our citizens need to take in order to fix the problems of our time.
bullcrap, he has worsened every problem you speak of.
Tell us again how wonderful the healthcare bill is?? It was crafted in secret (broken campaign promise). It was voted on without being viewed by the citizens for 72 hours (broken campaign promise). Tell us again why over 1,000 waivers have been handed out to exempt them out of Obamacare if it is so wonderful? Lets also not forget that it was Pelosi who said we have to pass the bill so you can find out what is in it.
Thats called inflation... The fed prints up 3 trillion dollars from thin air, hands it out to banks all over the world and 'the world is saved!!'. What a joke. Do people really still believe there would have been a depression if we didn't bail out these crooked bankers? How has it helped the middle class in any way? Its only gotten worse, the cost of living is sky rocketing.
The cost of living has been skyrocketing for over a decade now, or haven't you noticed? Wages have been depressed and companies are doing their darndest to cut benefits, salaries and employees, not because of some scary boogieman they think Pres. Obama is going to whip out at some undisclosed point in the future, but plainly and simply because THEY CAN and by doing so, it makes them MORE MONEY, MORE PROFIT. Period. They have no regard for labor (the individuals) whatsoever.
If we wait long enough, maybe Obama can turn the country into another "state of Illinois". The land or taxes and corruption. Illinois now has the largest pension deficit in the country, and an over all debt of $120 billion dollars. It was rated 45 of 50 states for business last year, and dropped to 48 of 50 this year because of the massive debt, the implementation of the largest income tax increase in the history of the state (66% on people and 45% on corporations), the additional borrowing of $3.9 billion to npay pensions, with the intent to borrow another $8.9 billion to pay past due bills. To top it all off, the new internet tax law closed 9000 internet business in one day! Finally, Illinois racks 40th of the 50 states as a state to retire in (keep abusing those seniors).
The democratic leadership has destroyed Illinois. The democratic leadership in Washington will destroy this country.
You FIRST line is an outright LIE. On that basis, I see no point in reading whatever comes afterwards.
Howard, do you forget that when Obama came in 750,000 jobs wore lost in January 2009? or what about the 600,000 the month before or the 500,000 in February.
What about the deficit of 1.4 trillion Bush handed Obama. If you remember, Clinton handed Bush a 300 billion surplus.
Please tell me you know the difference between the deficit and the debt?
Eight Years worth of "slidding" in a ditch....what you expected! Let's see, election of our current President was 2008... by 2009 the entire country HAD SLID!!!! A PROCESS doesn't Happen over night or an entire Economic System doesn't Collapse in a year. Are you kidding? Sorry, you're still "gullible" to the DECADE after Decade LIES the GOP sells to ignorants over and over again. NOT this time. The President STOPPED the DAMAGE!
Howard are you on crack? You completely neglected to mention that A) the unemployment rate jumped from 5.0% in Jan. 2008 to 7.8% in Jan. 2009 (a 2.8% jump in only 12 months); the unemployment rate was 7.8% when Pres. Obama took over at the beginning of the worst of the RECESSION/almost depression left to him by Republicans (these data can be found on the website of the US Bureau of Labor Statistics). And even though the unemployment rate peaked at 10.1% in Nov. 2009 under Pres. Obama as he was working to get the economy under control, The jump was only a 2.2% jump from when he started, which is less than the jump in unemployment under Pres. Bush... and the rate has been coming down ever since. B) Oil and gas prices are up because of a Gulf Oil spill caused by lax Oil Drilling companies, and turmoil in Libya, Bahrain, Egypt, etc. Greedy oil companies have taken advantage of our stupidity and continue to gouge us at every turn (BTW, opening up the oil reserves would do squat at this time to lower gas prices) and C) the price of every other commodity including food is being affected by the recession AND the turmoil in the Middle East.....Why don't you use some critical thinking skills and research stuff for yourself instead of just listening to what FOX News tells you and blaming Pres. Obama for everything?
The funniest thing is that all these obnoxious Obama supporters, who are slobbering all over their messiah, will be the recipients of all his horrible policies, if he gets reelected. To them, it's all about popularity, and being cool, but wait untill they inherit the trillions in debt he sticks them with ... then, who will have the last laugh !!!
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2009 NATIONAL DEBT IN TRILLIONS $10,627 TODAY $14,052
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In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Over 27 times as fast! Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . it would be doing 1,755 MPH! This is a disaster!
Couldn't agree with you more!!
My reply is to XWngLady NOT Howard!!
Howard,like many republicans,just don't get it.It may be Fox.Or they just don't pay attention.
Ho-wierd,
Yo seem to want to overlook the fact that W rant the economy off of the cliff. The stock market crashed worse than the depression, the banks had less than 1-2 weeks of cash reserves left after their 'investments' tanked. He had to spend money to keep us our pending depression. Don't forget Bush started the bailouts with a $750B bill.
When W started his regime we had a $200B surplus, when he left, we left Obama with a $1 Trillion deficit. He inherited a pile of crap, so don't twist the facts.
As usual ... most of the nasty comments on CNN blogs appear to come from foul mouth young people, who seem to know everything, even though they have never contributed to society, built a business, been self sufficient, supported a family, or even held a job. That's why their outspoken rants are merely tales told by idiots, full of sound and fury, signifying nothing.
"Obama has spent more American tax money in the first two years of his Presidency, than all the Presidents before him, COMBINED !!!"
And all that money has been put towards good use, which is more than could be said for what Republicans would do with it. You could give a Republican a billion dollar gift certificate to Home Depot and instead of putting it towards something constructive they'd try to find some way to put it in rich peoples' pockets.
Barack Hussein Obama thinks of himself as the stock-market..he likes making prices go up...sooo he can take from the rich to give to the poor! I suppose he thinks of himself as a modern-day Robin Hood! WOW..look at all the people he is saving.
Howard you act like the doubling of all those numbers wasn't expected by anyone reasonable........You still don't explain how, and why it happened......From 2008, through mid 2009, the economy was in pure freefall....8 million jobs lost!!!! Obama came into pure hell unlike anything seen since the 1930's......
Things are getting better now, and it's only bee 2 1/2 years.......I want to see him in ffice for 5 more years.
Obama/Biden 2012.
I agree. President Obama is one of the most intelligent presidents we've ever had and I honestly believe he is trying to do what's best for this country despite all the disrespect and absurdity he's had to endure since taking office.
How did your national debt get so big?
http://news.yahoo.com/s/yblog_newsroom/20110413/pl_yblog_newsroom/the-fast-fix-dealing-with-the-debt
Howard,
You made some very strong points, however, they are either statistically inaccurate or have no direct connection with the Obama Administration. Let us take your last point first: you state that in the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Not sure where you got this gem, but it is not based on any empirical figures. Under President Obama the national debt has grown by 8.75 percent, according to the Treasury Department. Keep in mind, Obama has had to invest money to ramp up a sluggish economy. If we compare Obama’s spending with Bush it is significantly better. According to the non partisan Congressional Research Service, during Bush’s 8 years, the debt nearly doubled (91 percent increase). Actually, if you think about it, it would take Congress to pass some unbelievable budgets to increase the debt 27 times and that is simply not the case. So, in short your argument lacks merit and is not accurate.
The second point I would like to address is the price of soybeans, sugar and gas. These prices are set on a global basis and the president has little real power to affect them. As you know, OPEC sets gas prices. Sugar and soybeans are set through commodity trading and futures speculation. In short, it is market driven. Blaming the president for these items lack any component of cause-effect.
The third and final point examines unemployment, the long-term unemployed, poverty and the national debt. While it may be politically convenient to blame the Obama Administration these are long term problems which were exacerbated by Bush policies which pushed the national economy to its edge. Keep in mind that Mr. Obama inherited the worse economic conditions since the Great Depression (fact). So, while unemployment for everyone has remained stubbornly high, it is a consequence of poor management of the economy. Under Mr. Obama we have had 10 months of continuous growth and during Bush final 6 months we were losing 750,000 jobs monthly. So, things are getting better but certainly not fast enough. Based on Republican rhetoric, you and the Republicans don’t believe in helping the long-term unemployed or those in poverty, so it is a ruse to use these as arguing points. I suspect the Republicans would reduce unemployment benefit and cut Medicare and Medicaid at the earliest opportunity.
Howard,
Disinformation is a specialty of the Republicans. You seem unable to argue your points with facts. In your post, you made some very strong points, however, they are either statistically inaccurate or have no direct connection with the Obama Administration. Let us take your last point first: you state that in the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Not sure where you got this gem, but it is not based on any empirical figures. Under President Obama the national debt has grown by 8.75 percent, according to the Treasury Department. Keep in mind, Obama has had to invest money to ramp up a sluggish economy. If we compare Obama’s spending with Bush it is significantly better. According to the non partisan Congressional Research Service, during Bush’s 8 years, the debt nearly doubled (91 percent increase). Actually, if you think about it, it would take Congress to pass some unbelievable budgets to increase the debt 27 times and that is simply not the case. So, in short your argument lacks merit and is not accurate.
The second point I would like to address is the price of soybeans, sugar and gas. These prices are set on a global basis and the president has little real power to affect them. As you know, OPEC sets gas prices. Sugar and soybeans are set through commodity trading and futures speculation. In short, it is market driven. Blaming the president for these items lack any component of cause-effect.
The third point examines unemployment for blacks, long-term unemployed, poverty and the national debt. While it may be politically convenient to blame the Obama Administration these are long term problems which were exacerbated by Bush policies which pushed the national economy to its edge. Keep in mind that Mr. Obama inherited the worse economic conditions since the Great Depression (fact). So, while unemployment for everyone has remained stubbornly high, it is a consequence of poor management of the economy. Under Mr. Obama we have had 10 months of continuous growth and during Bush’s final 6 months we were losing 750,000 jobs monthly. So, things are getting better but certainly not fast enough. Based on Republican rhetoric, you and the Republicans don’t believe in helping the long-term unemployed or those in poverty, so it is a ruse to use these as arguing points. I suspect the Republicans would reduce unemployment benefit, privatize social security and cut Medicare and Medicaid at the earliest opportunity.
I keep hearing this statement and about Obama's spending during his first 2 years in office and would like to see some real math to back it up, because as you state in this post before he took office the deficit was 10 trillion, and now it is 14 trillion, this is easy to except. What is hard to fathom is how we got to 10 trillion in deficit without all the previous presidents spending at least 10 trillion, and how that deficit has gone up by only 4 trillion which is less than 50% of the starting amount, and that somehow equates to more than all previous spending. The only way for this to be mathmatically possible is for Obama to have spent at least 20 trillion in his first 2 years while somehow making 16 trillion, and i'm pretty sure there is no way the government generated 16 trillion in the first 2 years of Obama's presidency. So to sum up show me the math that show's Obama spent more than all previous presidents combined.
President Obama has done a great job despite what he inherited from the last administration.
Obama/Biden 2012
......and despite that the Republicans Want our nation to LOSE!!!!
It's not that they want our nation to lose, it's just that they're so focused on making Democrats lose that they sabotage initiatives our country needs in order for us to rebuild and prosper.
This country really can't afford another 4 years of this soicalistic ideology. We need common sense, and someone with a true love for this country. It is true, the Masetro who is occupying the oval office has indeed added more to the national debt durning his first 19 month than all presidents. Now he is interfering with Boeing who wants to pack-up and move to S. Carolina, you know its the union thugs who visit Obama at least once a week who are bawling the loudest. Why? Because they are union workers who will be losing their jobs, and this is not a plus for the democratics but a minus, since they are depended on a large portion of the union dues, to keep themselves circulated!
I don't know what it will take to wake some of you people up! The Maestro who is occupying the oval office promised to stop Medicare and Medicaid fraud..nothing has been done. He promised to stop pork-barrel spending, instead he signed into law billions of pork-spending. He allowed 6.4 billion stimulus dollars to slither into bogus districts under his watch..and not even so much as to question the where-abouts! But you can bet if it was his money he would be fast tracking it.
Bush promised to get Osama Bin Laden. Bush promised to fix immigration. Republicans in 2010 promised jobs.
Ok, I have a question... Just before Clinton left office the economy started to lag after several years of booming prosperity. When Bush took office the Republicons claimed the lagging economy was Clinton's fault. So then just before Bush left office the economy was in much worse condition than when Clinton left office with the largest budget surplus in American history. But now the Republicons claim the disastrous state of the economy is Obama's fault. Can someone please explain to me how that works?
Because most Republicans are like 50 years and older. Alzheimers rates are increasing and they simply cannot remember what happened during Bush's presidency. That's why they think and are convinced by the Zionist Republicans that Obama caused all of this.
First off we did not have the "largest budget surplus in American history." We were in debt by almost 6 trillion dollars. The Clinton surplus is a Liberal myth. Take a look at the treasury website. You can look up the debt for any date.
http://www.treasurydirect.gov/NP/BPDLogin?application=np
Barry claimed he would keep the unemployment rate below 8% by borrowing and spending trillions of dollars. The problem is his plan did not work. Barry was wrong. Now we are paying the price for his over spending. Understand that according to the Treasury Department he has put us into debt by over 4 trillion dollars in only two years. Add to that the increases in obligations the numbers will only clime.
The economy is sluggish because of all the debt. Now Barry wants to claim that he kept us form a great depression, Just like the Clinton surplus, it is a myth.
It looks as though you do not understand the distinction between the budget deficit and the accumulated debt. A country can run a surplus while it still has an outstanding debt. To make the point clear, consider the following analogy: over the last 10 years you have have accumulated debt on your credit card (because, ovet those years, you spent more than you earned) but, THIS year, in an effort to reduce your past accumulated debt, you begin to repay your credit card company. So, for the year, you would be running a 'budget surplus', even though you may still have a long way to totally eliminating your past accumulated debt. So, the Clinton surplus was NOT a myth, as you put it. You simply did not understand the facts at hand. Don't thank me. It is always a pleasure for me, a Liberal, to help a GOPster understand what he is talking about.
Theres a big difference between a surplus and debt. With a surplus you pay off the debt.
Jay, please educate yourself on the difference between the debt and the deficit. Secondly, did not PROMISE or say the under no circumstances would the unemployment rate go over 8%. One of his economic advisors projected in a report that based on the numbers that they had at the time (which were the numbers up to the 3rd quarter of the fiscal year) that the with the Stimulus the unemployment rate would likely not go over 8%. And that was true at the time the report was written. HOWEVER, once the 4th quarter economic numbers (from when Pres. Bush was President) came in, it was HORRIBLE, worse than anyone (Republican or Democrat) had projected...and was followed by the brunt of the economic avalanche, which Republicans so predictably try to blame of Pres. Obama.
Now that Obama got away with avoiding transparency, or accountability, by simply insulting, shaming, and ridiculing anybody who has the audacity to question him, he can get away with anything ... and, everybody had better rubber stamp whatever he does, or says, with a smile of approval on their face ... or, Obama ... and his blogging / media 'Brown Shirts" ... will turn them into pariahs. This pompus, arrogant President thinks of himself as above reproach. He and his worshipers simply have to act indignant, or scream Racist, in order to neutralize any and all opposition.
Republicans are zionists! Especially TRUMP!
Well,
If you believe Oboma saved us from another Depression I have some Prime Waterfront Property in South Flordia I want to sell you. Cheap too. Imagine that. Obama fixed in one fell swoop what Liberals and Democrats screwed up over the last 75 years. Barney Frank fixed it so everybody could own a house too. You may want to be saying to the Guvmnent, Don't Do Me Any More Favors, I Can't Afford em.
750,000 jobs lost in January 2009, 500,000 the month before, and 600,00 in February. If that's not heading into a depression i don't know what is.
Why did you not sell your property before President Obama take over, you all talk trash that has been long disposed off.
Thanks & no thanks, yes it was inherieted by our present President the stuff th at is flowing downward & he is trying to gather the mess & straighten things out for all Man KInd not just a few select.
Conservatives fail or choose to remember that the Bush administration didn't include the War in it's budget for 8 years. That was done by President Obama and it added 3+Trillion to the debt. Add to that the housing bubble caused by the Bush administration and there you have it. As the saying goes, "In order to fix a problem,you have to see the problem". Get the facts straight before issuing rhetoric.
GOPsters don't like facts. Facts tend to be inconvenient to them. Beliefs are a lot better. They can 'believe' anything they want. That's a LOT easier.
tough row to hoe, not road.
Of course the people that hate him will never give him credit – I get that – but you had to have been in a coma not to see what was happening after years of Reaganomics, two unfunded wars, an unfunded increase in Medicare benefits, deregulation and tax cuts to those who didn't need them. Every analyst, every economist including those that worked for President Bush, saw the dire situation we were in. Without the strong action taken by the Obama Administration, this country was headed for a second great depression. Instead, the economy was stabilized, the auto industry was saved and is once again profitable, jobs are on the upswing and the middle class paid less in taxes than they have since the Eisenhower years. President Obama hasn't been able to deliver on all his campaign promises, but his successes have been dramatic.
Sounds like you are reading from Barry's teleprompter and not thinking for your self. Typical Liberal arguments, no substance. Create a Berry good, President Bush bad stew and serve it to the world.
Truth: Barry did not pay for his war in Afghanistan, therefor putting us into more debt. Also he did not lower income taxes. The reason the middle class paid less in taxes is because fewer people are working.
"did not pay for his war in Afghanistan" WHAT??????
I'm only glad more than half of the people in America are smarter than you.......
Barry borrowed money to continue and expand the war in Afghanistan. It is his war of choice. At his Nobel Peace Prize speech called it a 'just war.' Liberals complain about President Bush however when Barry does the exact same he is called a saint.
The facts are there, Barry has spent trillions looking for Osama in Afghanistan. Osama was in Pakistan all along. Even now he does not end the wars, continues on a man hunt for what?
"Has spent trillions looking for osama" again WHAT????
You have a serious problem man...
Borrow-and-spend GOPsters are incapable of intellectual honesty. Reagan and Bush 1 managed to more than double the share of gross public debt as a percentage of GDP after Carter left office. Will they ever admit that? No, never. They don't like facts. They prefer to believe in daydreams like 'trickle down' economics.
You republican'ts are sick! Bush spent trillions upon trillions! He almost single handedly destroyed the entire american econonmy. Remember people...2008 was not that long ago and the economy had almost tanked! The Iraqi deversion spent time and treasure which could have been expended hunting and destroying Al Queda. Torture was introduced shamefully into the american mindset by leaders who had been entrusted to uphold law and order and now they call it "enhanced interrogation techniques". Jesus is not pleased with this. Yes, Obama has had to spend money to keep it from falling to pieces. Now the economy is steadily growing but power hungry republican'ts are willing to wreak the economy even delaying a vote of the debt ceiling just to get their way. You did not want to rescue the american car industry which is now turning around and hiring thousands but you do want to protect the rich and not make them pay a fair share while getting rid of all social programs for the elderly and disabled. You will loose and soon we will be able to vote the remainder of your asses out.
GOPsters are simply trying to stall the economy to prevent Obama from being re-elected. They don't care about jobs. All they care about is corporate profits. Why hire more people if you can squeeze the same amount of work out of fewer workers? That is why corporate profits AND unemployment are BOTH high now.
So Barney Frank and Chris Dodd "roll the dice" on government supported homeownership, and cause the 2nd great depression. Now another Democrat, President Obama, "saved us"? Please.....save me!
Are you on drugs?
In theory, Pres. Obama should have a landslide victory in 2012 with all his accomplishments: Helping to save the economy from the brink, healthcare reform, stimulus plan, and the Republicans don't have any strong candidates to oppose him, (domsetically); he is scaling down and attempting to end the wars in Iraq and Afghanistan, and of course his biggest accomplishment to date, avenging 9/11 by taking out the scumbag Osama Bin Laden, as well as going after other Al-Qaeda terrorist throughout the world, (foriegn), Pres. Obama SHOULD be a shoe-in for a second term. However, the operative word here is "theory" , as I believe next year's presidential election will be unjustly close. I use the word unjustly because of the unjust things Pres. Obama has faced, (and will face). No other president has had to prove he is an American citizen, or questioned like he has been on his educational credentials. He's had to face intense, sometimes unbelieveable partisan opposition from Republicans. To cut to the chase, next year's election will be intense and closely faught not because he is a democrat, not for his policies, and not for what he's accomplished, but because of his race. That's sad, and as a country we should be past this, but proof that were not is: birthers, the tea-party, and the possibility of next year's presidential election being a close one. To sum it up, there is no rational reason that Pres. Obama should not win by a landslide next year with all that his administration has accomplished, but if next year's election is close, or worse, the President loses, then it will bring back the importance of race as an issue, (and it shouldn't be), and that racism is making a come back after having been dealt a major blow in 2008. I hope I'm wrong about next year and the President does win by a landslide. Guess we'll see what happens...
I too hope he wins by a landslide but, at this point, this is more wishful thinking than anything else. I am confident that GOPsters will be, as usual, very resourceful and come up with many lies, innuendos, distractions, mis-representations, etc.. That's their 'bread and butter', as you know.
No need for repubs to come up with lies. Obama is perhaps the best liar I have ever known. There is plenty of real fodder, no need to make anything up.
If our economy keeps improving like it has, our president will win with no problem no matter what the republicans say or do.
He wins and this country is done-finished by 2016. I cannot believe that anyone would vote for him.
Josh! I couldn't agree with you more. The disrespect that has been shown to Barack Obama, one of the most intelligent men to ever be our president, is just shameful. I cannot believe the things that have been said about our president; never seen anything like it. AND if he was blonde w/blue eyes we wouldn't see anything like it!!! The radical right will do and say anything to discredit him simply because they can't handle the fact that an intelligent black man is our president.
Men, is Jay and Howard still deluded???
These guys need to see the shrink as their mind is cooked...
When Reagan became president, the national debt was less than $1 trillion.
He and Bush Sr. promptly quadrupled it, passing a $350 billion annual deficit on to Clinton.
Clinton eventually balanced the budget, thanks primarily to the Deficit Reduction Act of 1993, which not one single Republican in Congress voted for.
We were on a path toward eradicating the national debt altogether when Bush Jr. became president.
Bush took the projected surpluses and turned them into nearly $5 trillion in additional debt, handing a failed economy and a $1.4 trillion (actually more) annual deficit to Obama.
Virtually all of the debt incurred since then (we're past $14 trillion now thanks to Reagan Republicans) has been due to: the effects of the Great Recession, the two botched Bush wars, Medicare Part D (not paid for under Bush), and the two Bush tax cuts.
The Recovery Act REDUCED deficits after it was enacted (see the Blinder/Zandi report).
Alex, you belong to this rarefied world of people (mostly Liberals) who know the facts. Don't expect borrow-and-spend GOPSters to agree with you. They have no idea of what has REALLY happened since Carter left office.
For the last 3 decades the rich have bombarded us with propaganda saying that the "next" tax break was going to rescue the country. Thirty years later we have falling infrastructure, failing schools, rampant joblessness, broken social programs, etc.. And the only thing that's changed is millionaires became billionaires.
They keep selling these LIES to the IGNORANTS.
It sure trickled down didn't it? But just a trickle.
Yes You did, Mr. President. This country was "Down" a Gutter.....economically and it's foreign policy and world respect was in the "Dumpster"......Surplus was gone and fighting 2 Unfunded Wars. They knew what they were handing off! They set it up that way! Gas prices has WENT up and down for most of my 60 years.....that's NOT NEW! Had to spend to SAVE the Country from The Dumpster the Bush administration created. Now all we have to do is get those Anti-Americans out of office so we can TAKE our country back to greatness! Greed is Killing this country, Republicans! You're so stuck on stupid and old tired, worn out, never worked lies you've told Americans Decade after Decade....so if you policies WORKED....Why is this Country in the Shape it's in after 8 long years. CON JOB maggots.
And still is but worse off then Bush was in office 3 years ago , the only thing this POS did was completely drive the bus over the edge , now he has to pander to the illegals once again in order for him to have a chance for 2012 a complete disgrace of this so called American , again I hope the worst for him and pray for his demise .
I m make sick of ill inois that obama have problems with ecomony
I hope someone will be presdient 2012
What?
Dude...take another toke........
If a Republican becomes president you all can expect privatization os Social Security, Medicaid/medical and perhaps the prisons etc. There will be NOTHING that the Government will own or control. The Military is almost private now via the money flow. That means YOU will not have any ownership at ll in government or what would have been programs for the American people. Socialism or not we need to have programs to help each other. Not everyone can pay doctors, buy stock afford shelter etc. Your home prices will be total crap and with the foreclosures the banks will own them anyway. Just another thing the American people will lose..the American Dream. Welcome to to Untied Companies of America. BTW your 401 will dissapear in some scandal or another by those that have.....
The big evil Republicans are coming to take your children, run, run, hide!
Jay... you are absolutely right on. Lets deregulate everything, dismantle all social programs, get rid of the EPA, privatize SS, and do away with minimum wage. We should be able (by 2020) be completely in control o fthe US that who ever is not serving in the military are serving the military and the well being of our corporations. I say bring it on world, if you don't like it TS we'll just bomb you a$$. MISSION ACCOMPLISHED!!
What a bunch of bs. Everything he has done has led us closer and closer to bankruptcy and has devastated the personal finances of the middle and lower classes. This guy has balls all right, lying balls. Study some economics folks. He is bringing great harm to you and this nation.
Spike: You must be a wall street banker. Hocus Pocus Dominocus poof your money is gone! Dude you need an economics course. Deregulation of wall street and an unbridled FREE market system is what is doing the economy in, not some single individual in the White House. We are now experiencing the 1st stages of class warfare. Get ready for serfdom...Oh1 I forgot you have yours.
Bill Gates and Warren Buffet both stated that the Wall Street bail out was necessary and likely saved the country and perhaps the world from another depression.I would tend to agree with them over a lot of the conspiracy theory wingnuts out there.If you live in Michigan, the GM& Chrysler bail out pretty much saved your state.
The need for a wall street bailout was a lie. 1 year later and these firms were apying RECORD bonuses to their employees. The following year there were new record bonuses paid out. If it was a crisis, there would not be record bonuses paid out. It was no where near a crisis. It was the greatest theft of taxpayer money in the history of the world. The banksters and the government sold us a bill of goods and no one is in jail..
The bonuses were not a big part of the bail out fund. However I agree that someone should be in jail. Regardless the abil out money was needed. Now the issue is that they are keeping the money too tight and main-street is suffering because of it. Not quite theft but some miss appropriations ans sorry use of it for sure. These are but a few individuals remember though it was an entire industry lending money that should not have been lent and poor paper practices that did it to us. This abuse needs to stop that deregulation started.
Buffet personally benefitted, of course he would say that.
To all of the intelligently, tactfully, beautifully, truthfully worded commenters; I agree. @XWngLady, sara, redneck, Warren, Alex agu, SiriusVH, Josh and others. These 'cons' refuse to accept the truth that BARACK H OBAMA, who happens to be a black man, is heartfeltly and genuinely doing whatever it takes to stand this nation back upon its feet! He's having to spend to get us out of this mess, that BUSH/CHENEY spent and borrowed to put us in; with no thought of how we were going to pay it back
So if I understand your logic he quadruples spending to solve the debt crisis that was created under Bush? Yeah, let's go deeper in debt, that will help.
Yep Spike.. its true. If the banks were not bailed out, if the auto companies were not bailed out we would have had a collapse of the economy much worse than the great depression. In fact the money spent kept most of the country from going broke. The Gov't (us) absorbed the cost of doing that. Now the jobs are being created in the auto industry. Too bad deregulation and NAFTA and similar programs sent the jobs away. We should charge a tax for jobs sent abroad and give tax incentives fro those created or retained here. Like I said before if there are no jobs no one can buy the products. Additionally the middle class has been targeted for elimination since the early 50's. It is now in full swing. Elimination of most pensions either via company or some investment company, privatization of SS will do the trick.
Enjoy your serfdom....wait I forgot your a wall street banker and have yours.
Hey Guys,
There are computer models out there that policy makers need to work with to figure out how to fix problems like social security, debt, health care, etc. The problem is that we have people who have no idea about policy and are just lawyers that know how to argue by manipulating data to fit their ideology. Maybe they need to go back to school and learn how to negotiate.
That's laughable. I is true, Obama tried to copy FDR's solution methods........and failed miserably, but Obama did nothing but attempt a copycat solution.....whose time and circumstances were far too different, for any success.
Rick: What are you talking about? What is the failure here?
PARDON ME WHILE I THROW UP THIS MAN COULD NOT RUN A CANDY STORE OUR BLAME IT ON BUSH PRESIDENT IS IS RUINING THIS COUNTRY TERRIBLE PRESIDENT–STEVE
There need to be SOMEONE running on the Democratic Party during the run up to 2012, as an alternative to Obama....S-O-M-E-B-O-D-Y
the president and his propaganda machine can spin his ineptitude into golden threads and silver linings but more people have been hurt by the policies of this administration then have been helped and that will have an effect on his chances for re-election. in fact before the death of bin laden his own party was openly questioning his ability to lead
You should stop drinking that Draino ... it is not doing too much good to your brain cells ...
The GOPs would've absolutely created another Great Depression out of this mess. What they are advocating now has been tried before: Herbert Hoover, who has also tried the ill-advised policy of cut government spending. The Tea Party wants to do it again, to descend the country into another Great Depression.
In fact, as you probably know, the 1937 recession that GOPsters LOVE to blame on Roosevelt as evidence of his 'failed' policies was the direct result of Roosevelt's attempts at balancing the budget (he suddenly got the 'fiscal conservative chills') ..
Hey, I'm sick and tired of you people keep acting like you don't or can't conceive of how or why PRES OBAMA is pressed and has been pressed to do certain things to keep the nation afloat! You act like you haven't ever heard of taking out a loan to pay off a loan or a debt? To pay off a credit card with a credit card? This principle is NOT new! Individuals and businesses do it all the time, for relief! Then they buckle down to figure out ways to pay that back; but for then, won't go under! A BIGGER SCALE!?!
It is not the responsibility of the Executive Branch to muck around in private business and economies, their only responsibilities should be to protecting the nation and foreign policy. Politics inevitably skew their motives and decisions (e.g. union bailouts) and are not what is best for the economy. The difference between businesses and the FED, is that businesses cannot rely on printed money to pay loans, but the FED can which is one of the major reasons for our inflationary prices and weak dollar.
Well let's see.....eliminate the EPA because it mucks around in business. Hope you enjoy your safe drinking water while you still have it. Dude: the mucking around is necessary to keep idiots like you from harming the rest of us fro a dollar or two. Wake up!
The only thing Barack Hussein Obama has managed to do is a bunch of wheelies to keep the focus drawn on him.
The economy is in shambles...and Barack Hussein Obama wants to take credit for "We saved the country from a great depression?" And then this.."Obama, Senate GOP meet as debt crisis looms!" The inconsistencies keep rolling in....
Were under a housing crunch....and tons of forecloures! And the unemployment is at 9.9%! You can't keep a brush fire under a carpet!
It turns out Barack Hussein Obama is our GREAT Depression, and things under his watch is getting graver!
'...ending a war, “as promised,” ...'
Which war? The one where he left an armed, 50,000 strong occupying force?
The 2 wars the idiot before him started. Especially the one that was started for WMD or more accurately to take up for his "daddy". Pathetic morons even encourage him probably because they wanted the oil...and more profits for Halliburton. Remember he even said UBL was not important. What a douche bag of a president he tunred out to be.
How long are you people going to blame Bush for? The sad thing is the worse is yet to come. The aftermath of Obama's presidency will be far worse than people are anticipating, but what will most likey happen is that a Republican will probably be in office, and all you MORONS will blame him. I am saddend for all of you brainwashed people!
Whose blaming...the facts speak for themselves................................................
Warren is right .... the FACTS (know what that means?) speak for themselves ...
Catchy phrases like "survival of the fittest" and "whoever gets the most toys wins" paint a society that cares nothing about the collective needs of the public. As such, it's no surprise that a President trying to recapture that importance of government serving the public is labeled a socialist. When did the American spirit of shared sacrifice for the public good disappear in a cloud of "me first" mentality?
this guy must be a narcissistic personality (disorder). That is the only way I can explain his behavior. He has nothing to run a new campaign on...he is going after the latino and youth vote...without it he does not have a prayer. Every (thinking) American should read this and throw up... We have allowed a class of leadership in this country that is disgusting...almost like the type who ran eastern bloc countries behind the iron curtain durring the ussr years...ignorant power mongers.
Welcome to Stagflation. Gee, it really is Jimmy Carters second term. First high unemployment (The Real Unemployment Rate: 17.7 %. ) and now inflation.
Inflation, using the reporting methodologies in place before 1980, hit an annual rate of 9.6 percent in February.
Well Done Present Obama.
Meanwhile, IRS data shows that in 2008, the top 5 percent of earners - households earning more than $160,000 - accounted for about 59 percent of all federal income tax paid.
The next 45 percent - solidly middle-class taxpayers earning between $33,000 and $160,000 - account for about 39 percent of all personal income tax paid.
So thats 98% paid by the top 50% of earners, with almost 60% being paid by the mere top 5% of earners.
Fun with numbers eh? Just focus on "income tax" and the data fits your narrative. Focus on the reality of overall tax burden – so sorry, but WRONG!
@Howard, you just described Bush aka 'The Decider'; Cheney aka 'The Adviser' No transparency whatsoever! Whole time of that regime was all rubber-stamped, even by much of the DEMOCRATIC MAJORITY! Pompus and arrogant even still, right now! So far they've already proven that there's a such thing as being above the law! LOL!
lol.... politics..... Somewhere, there is a party to blame..... lol
Howard, Well you have to let us know who packaged and sold him to us, the American people! I need to thank them for coming so close to perfection! They need to produce clones of him so that AMERICA and the whole world will continue benefit and thrive with the sensibility of a BARACK H OBAMA! You said the only way he could win another election is to buy votes? I DOUBT THAT! You are a liar! Intelligent people are going to vote for him for free, Ok? Hey, just like they did last time! LOL!
"so close to perfection?" Watch out Jesus, Barry's moving in. All hail the great hope Barry, he is all powerful, he is all righteous, he is perfection! We praise ye him in the high places, onward Barry's soldiers.
I never understand the appeals to divinity from the right wing – especially now that Obama's accomplishments are out there and so overwhelming. Just as he said – HE STOPPED A DEPRESSION. Ask anyone who endured the last one or has a family memory of it what it would have been worth for America to not go through the 1929->1940 period. America wanted health care reform and they have it. The GOP did a good job fear-mongering as always, but the realities are settling in and more and more people are on board. Making the tough call to tell Pakistan that we were going to ramp up drone strikes and then to go in without warning to take down OBL? Tough and Smart. Obama/Biden 2012!! We've made too much progress to throw it all away now!
Sure he has the black vote (if they come out), and the victim bunch (professional poor) and the Hollywood elites and assorted liberals– the rest of us can't wait to vote him out of office!
The rest of you may have to wait a little longer 😉
Yup and drove us into a GREATER DEPRESSION. My wife and I went for a drive, hmmm no cars on the street it has been this way and getting worse THANKS BO>
I think it is a bit too early for him to be declaring that a depression has been avoided. I don't see any indication that things that really matter to Americans are improving one bit. How long can someone with a staff as large as his remain clueless.
You, my dear, are clueless .... 🙂
Obama hasnt saved us from anything. hes in denial. worse economy ive seen. no jobs,cant buy anything extra ,gas higher than ever,border less safe than ever,illegal aliens drug cartels,bodies piling up there,government broke,spending money we dont have ,terrible mandated hc law,ect. Lets face it,Obama is into Obama,hes socialist ,communist style programs,doesnt listen to voters,and lies and denies everything . obama ok raid on bin laden,only,like any president would have done. hes no hero only a far left socialist ,who will take credit for anything good,and deny ,lie ,blame anyone but him if any bad.
It is obvious that GOPsters are in denial when refusing to give credit to Obama for preventing the economy from falling in the abyss. Could it be that they feel guilty for having created the conditions that led us to the Financial Crisis of 2008? No, that would imply that they have some moral compass. So, that can't be. Then, if it is not guilt, it must be idiocy.
Dear all,
When you do business, then you have to invest your money on it. I still don't understand why American people kept complaint about the wars. Don't you realize WHY AND how you get into usa, and want to belong America?. Why the USA is powerfull country on earth?. If you knew theory then you will shut your mouth. I came to US 23 years ago, I had found freedom and my new Homeland, but this admisnitration scare me out of mind. Their words and policy look like a second China. By the way, the business and big company moving jobs out of the country started under Bill Clinton. Don't blame on Bush. I don't like him any way. If you guys think this Adm is going to the right direction, then going to do observation and see how people live their live in China, Cuba or Vietnam.
I came here more than 30 years ago and I think that, finally, American has a President worth that name. Furthermore, I am glad that people form China enjoy living here. That does not mean that we have to take Chinese standards of living as the yardstick by which to judge what is happening in America.
This is ecxactly why people think Barack Obama is so out of touch. If you can look at gas prices, food prices and so on being as expensive as they are and unemployment still being through the roof and your bragging about the recession being over. Your either out of touch or out of your mind!
What is really scary is that he believes himself-2012 please hurry up and get here because congress can still do their usual damage and Obama is in way over his pay grade!
Clearly, you are not equipped with the brainpower to judge Obama. You may be shocked to see what happens in 2012.
Intellectual honesty is important. Republicans on this board are equating/identifying everything bad to Obama. However, they fail to understand that the problems were largely inherited and the Republican Congress has not done anything to help Mr. Obama create jobs. I honestly believe Republicans want the country in chaos in hopes of getting back in office. Country first my behind.
That is why they are playing with the debt ceiling. They want to force Obama to cut spending so that economy does not improve before the elections, just to make him look bad.
So, we gave bailouts to the banks, the mortgage, insurance, auto (all of which contributed to this economic and housing mess that we are in), and the economy is getting better? That money should have went to the American people instead-the people who are working hard and are still suffering-as well as the private sectors who would have used the money to improve their businesses and would have helped the economy. The stimulus package was nothing but a joke in my opinion.
Well, you are confusing TARP and the stimulus package. TARP (the only achievement Bush can claim in this mess) was meant to shore up the financial sector. The stimulus package was meant to help the 'real economy'. Obama pushed for the stimulus package, rightly so. It was needed. Of course, that was meant only as a temporary package until the private sector would start hiring ... but the private sector sector is not hiring much because employers have found out that they can increase their profits by squeezing more work out of the same pool of employees. So, why hire?
Obama naive and play race card. I vote for him and I am so sorry for it. America ,please forgive me.
I am sorry you voted for him too ... it is kind of embarrassing to know that he would get of vote from someone like you ...
Boy these right wing nuts and tea balls have such an unlimited imagination for fantasy, i have never never seen so many gifted liars in one place at the same time. They are like incorrigible children but much more dangerous, even to their own hurt.
And they steal like pirates, neither do they have any shame, trying to give brain dead busch credit for killing osama bin ladin???? The only thing bush ever did well was dodge the iraqi reporters shoe that was aimed at his head. Who was president when 911 happened, who was president when the stock market crashed, who was president when we were shedding 300,000 jobs a month, or do you want us to believe your right wing lies and believe these things happened on someone else's watch.
We can never trust your kind because you are blinded by your own doctrine, when you can see no good at all that means there is something wrong with you.I don't like Obama because of his social policies but i am sensible enough to know that by his and GW efforts we saved the automotive industry the banks and a lot of you A-HOLES from being in the soup lines.
I dislike you even more because of your shameless lying, you sound so bitter even crueler than a a cold wet grave!! You hold hands with insurance companies as they deny children, the poor, the elderly critical coverage that could save their lives and consequently die because of that decision. What do you gain from this ...seven pieces of silver?
These insurance companies are murderers and i liken you to the crowds at the coliseum of Rome in the gladiator days turning your thumbs down to deny life to the helpless.
GOPsters have a special area of the brain dedicated to lying. In fact, it is BECAUSE they are born that way that they end up being GOPsters. I am being a bit facetious, of course, but that is how I feel about them.
anyone else for 2012!
October 2008 the Dow hits 6,500. Unemployment goes from 5.5% in early 2008 to 10% in June of 2009. Obama entered the Office in Jan 2009. The conditions handed to Obama were on par with the original Depression. No other era comes close. So yes it can be said that he saved us from a Depression. It cost Trillions of dollars but that was not his fault.
Right on
It sounds to me that you are stating facts. Watch out! GOPsters don't like facts. They can't 'believe' in them. They prefer fables, nice stories like 'if you cut taxes the economy will grow without bounds' and other fairy tales. Clinton raised taxes and the economy did just fine. Bush 2 lowered taxes and ... well, you know the end of the story ....
IN YOUR DREAMS ODUMBA YOU SAVED NOTHING WE SHOULD TURN THE COUNTRY OVER TO YOUR KIDS THEY COULD DO A BETTER JOB YOU COULD.NT RUN A CANDY STORE–STEVE
Mr.President,no one could turn it around in four years.Do not let these four years go to waste.Bring our soldiers home and instead of Unemployment and depression put them to work on our infastructure.The armed forces have all the equipment and manpower to get the job done.Don't let their work abroad be tarnished by no jobs and unemployment.Put them to work again doing something for their country and rebuild the country and the economy at the same time. While your at it build an elevated train system along the freeways that won't only bring long term jobs.But will take the 5000 airplanes above the U.S. at any given time out of the sky.Relieving the heat and gases left by them.Relieving the fuel burden by them and giving us alternative transportation.Which in turn breaks the grip of big oil.Don't let one state start something that doesn't match others.All states responsible for quality.Thanks.
The ONE thing coming out clearing from many of these posts is that GOPsters are really math-challenged, not to mention history-challenged. Maybe some government-subsidized classes in reading comprehension would be helpful.
I remember the day when I completely lost faith in Obama. It was during that speech in the White House, he was at the podium, on international TV when he blurted out that statement about the "Police were just plain stupid", referring to the arrest of the black Harvard professor.
I am pretty sure my jaw dropped and I kept waiting for him to back up for a minute and smooth the rough edges over on that. He didn't.
I knew that he would fix it the next day...but he didn't, even when given a perfect opportunity by a reporter who caught him off guard. Not that day, nor the next. Eventually he offered up something resembling an apology, but by then it was way too late.
Some people lose faith easily ...
Obama's economic policy didn't work the first time it was used, when they called it the New Deal. At best, it temporarily slowed the inevitable, at worst it extended the crisis and expanded the role of the federal government yet again. I was glad to see Bush leave office, and had some hope for Obama. He has probably done some good for our image overseas (though that is questionable) He has certainly not done a bit of good for our economy. Increasing the federal governments role has ALWAYS caused more problems than it solves, and that damage is far more difficult to reverse than an economic downturn.
Personally, I think that, as a Socialist-Commie-Radical-Islamist-Drug-Addict-Unexperienced-Community-Organizer-With-Dubious-Birth-Credentials, Pres. Obama has dome a REMARKABLE job at shoring up the economy and preventing another Great Depression. But don't take my word for it because I am a lazy 56-year old uneducated kid with a Ph.D. in Economics and a consulting business.
Sirius I too am a lazy 59 year old with multiple degrees that had my job(s) taken and shipped to another part of the world but was given the opportunity to continue employment there at a reduced wage. I know quite a few fellow registered republicans that had the same happen to them. The company (s) that we worked for were profitable and are even more so now that they have scaled back employment here. Some of the people on this discussion board just don't realize how much of this country the corporations have taken away. The idiots on wall street speculate so much that we pay more for everything yet they do not nor an they add any jobs or good for the economy by there own job. Additionally, the bankers enjoyed the bail out and gave huge bonuses to themselves for doing nothing for our economy. The anti-Obama force on this are so blinded by associated venom they can't see that we will eventually own nothing as citizens. with the social programs privatized or done away with and the military owned and operated by the likes of Blackwater Free Markets are not free they in fact when deregulated have proven to be a product of destruction of people. Unregulated and controlled enterprises have caused major harm to our environment, taken away people money, shipped jobs away and done so with out any sense of concern for us as a country only concern about profits. We will all be serfs of the wealthy and connected, with out any power (collective bargaining) to do anything. I know companies need to make money otherwise whay be in business. But they also are treated as an individual with all the rights except voting...but they do vote with the money they make. Companies must make money to pay people to buy the products to make them money. But with no jobs here no one can buy..go figure.
We are already at a class warfare cross road. Either you are for people (country) or for a company you can not have it both ways unless you are a non profit. Take your pick.
@SiriusVH, @Warren, Thankyou for your straight-shots-from-the-hips responses to the misinformed or disinformed, denial-ladened blogsters of leftover BUSHITES and GOPsters. They refuse to admit the truth! Your views, so intelligently, knowledgeably pronounced remarks of the REAL truth about the obvious unfolding of the REAL improvement America is undergoing; due to the MANY steps OBAMA's taken (along with daggers) are very much needed by the masses, for the 'rightly dividing of the word of truth'! THANKS!