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Comments (39) (Please sign in to comment)
masterskrain said, 5 months ago
Sounds about right…
masterskrain said, 5 months ago
Let’s see…
Dow Jones in Jan 2008 was about at 8500.
In Jan 2013 it’s about 13,600.
Housing starts are up.
Average Home prices are up.
The GNP is up.
Factory orders are up.
Auto sales are up.
Yup, Obama’s “Tanking” the economy all right…
AND, amazingly enough, Harley DIDN’T say the economy “Started Tanking in 2008”.
He/She/It ACTUALLY admitted that shrub tanked the economy in the first place!
Wow, a breakthrough!
ARodney said, 5 months ago
Under Obama, the deficit has decreased more and faster than at any time since the end of WWII. The debt ceiling is not Obama’s, since he doesn’t set spending levels. It’s the congress’ problem, and they’ll need to deal with it. Either cut 40% of all government spending (including Defense) in a recession, or raise taxes to unprecedented amounts in a recession, or recognize reality — in a recession, you need to spend money. Then you need to KEEP TAXES UP when the economy is doing well to pay down the debt. What are the chances THIS Republican congress can recognize reality?
Corosive Frog
said, 5 months ago
“We have ur dog”, lol!
Beebee Doodle says;
Sic’em, Bo! Show’em who has the bite!
ossiningaling said, 5 months ago
As opposed to the NRA, who are going after his kids:
http://youtu.be/fmGfZt8iJdA
masterskrain said, 5 months ago
@ARodney
Somewhere between None, and “You HAVE to be kidding…”
Chillbilly
said, 5 months ago
Majority of the majority = extremist minority against America.
Bruce4671 said, 5 months ago
@ARodney
well, you guys are entitled to your opinion. But, please, consider this article.
http://www.forbes.com/sites/jamesglassman/2012/07/11/the-facts-about-budget-deficits-how-the-presidents-truly-rank/
The article concludes that " As for Obama, even excluding 2009, his spending has averaged 24.1 percent of GDP – the highest level for any three years since World War II."
So, hitting the debt ceiling not being Obama’s fault. Well, sure. Obama did not pass the legislation fixing a debt limit. Congress did. He only agreed with it and signed it when the bill came across his desk. And as a senator he voted against raising it. And he ripped “W” as being unpatriotic for having a deficit of 450 billion (his have since been over a trillion dollars every year even though you are correct in saying he has reduced the deficit. By 300 billion since he took office or about 100 billion a year for those 3 years of record.)
So when congress passed legislation limiting the amount of money congress could borrow, who do you think pressed for that? supposedly it was the “people” they represent. So that bit of law was the will of the people. Correct? The people said, hey credit limit. Stop spending. But shoot we can’t do THAT.
Keeping taxes up during the “good years”. I suppose you are then willing to add YOUR taxes to the pile. At a 50% rate. So write the check. Pay YOUR fair share as well. Due a “refund”? Send it back. We MUST keep tax revenues high to pay down the debt. Come on. You managed to live on what you took home so you must not need all that cash they deducted for taxes. Let them keep it.
What are the chances of THAT happening?
Omnius said, 5 months ago
Luckovich nails the republicans perfectly, they will do any dastardly deed to further their petty partisan political ends. They will wreck our economy by closing down government, not pay our country’s bills like the deadbeats they always are and then try to blame their bad acts on Obama. In other words they’re spoiled brats.
masterskrain said, 5 months ago
@HOWGOZIT
Gross Domestic Product (GDP)
3rd quarter 2012: 3.1 percent2nd quarter 2012: 1.3 percentCurrent Numbers:
Quarterly data: Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 3.1 percent in the third quarter of 2012 (that is, from the second quarter to the third quarter), according to the “third” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 1.3 percent.
Back with more REAL FACTS!masterskrain said, 5 months ago
@HOWGOZIT http://www.bea.gov/newsreleases/glance.htm
Try here for the FACTS!
Is everything getting better as fast as it should?
OF COURSE NOT, but remember, a train wreck, like the economy was in 2005 and 2006 takes a while to clean up, especially when half the people who are supposed to be helping to clean up the wreck are busy ripping up MORE of the tracks!
Bruce4671 said, 5 months ago
Another fine example of liberal civil discourse, thanks radish
Bruce4671 said, 5 months ago
@masterskrain
Gee, yep you refuted one thing. How about unemployment? How about people on welfare? How about the increase in debt per household? Yes, the stock market is doing well. The rich continue to get rich. Now tell me about the rest of us.
Nancy
said, 5 months ago
Opposite Radish. I wish O and other would stop saying Americans want. I haven’t been asked, I am an American, and not tea party . I am a Libertarian and dislike both sides when they act stupid… LIKE NOW!
SFLoridan said, 5 months ago
@Bruce4671
Bruce,
That article you quoted from Forbes is written by James K. Glassman, the founding executive director of the George W. Bush Institute…’nuff said!