I don't believe you and this is why. The Economy was worse at the end of W's two terms than at the beginning in any way you want to measure it. If Economy was number one for you you'd have him ahead of Obama as worst Pres ever.

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I'm a closed book, yet i've asked you specifically multiple questions in this thread going back to page 1 and you have yet to answer a single one because you can't.

I answered plenty of your attempted gotcha questions but you still refuse to answer my one. Pot kettle bro.

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You are an Obama fanatic. You worship him, so anything negative during his term, you attribute to someone else.

Completely false. I think there are TONS that Obama did that I don't agree with and strongly.

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A strong economy is the only thing that really matters in this country. And that means a strong private sector.

Which we've had for a few years now. Who was president during all but 98% of those strong labor market weeks again?

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Name me 1 policy that strengthened the private sector and diminished the power of the federal government during Obama's tenure.

Obama never pretended to diminish the power of the fed and doesn't want too. It's one of many ways that we disagree. The out of control spending does prop up the economy though and not just through gov't jobs but through gov't contracts flowing to the private sector like water. That strengthens the private sector today while weakening the future of the country through increased debt load.

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Posted by LSU_Saints_Hornets

Uptown NO,LA

Member since Jan 2013

9739 posts

Posted on 4/6/17 at 10:28 am to BugAC

quote:
Young, drunk, and stupid i no way to go through life, son.

I am being called someone who wrote this.

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Posted by BugAC

St. George

Member since Oct 2007

52787 posts

Posted on 4/6/17 at 10:30 am to Haughton99

quote:
The Economy is better is almost every measurable way that it was in 2008. NO WAY you can deny that.

I don't deny it. 2008/2009 we were at rock bottom. And not due to Obama. Due mainly to Clinton's deregulation of the financial institutes, Barney Frank, and GW's "too big to fail" policies.

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I don't believe you and this is why. The Economy was worse at the end of W's two terms than at the beginning in any way you want to measure it. If Economy was number one for you you'd have him ahead of Obama as worst Pres ever.

No. First off, i agree that Bush handled the economy shittily. However, everyone with a working brain knows the genesis of the housing market collapse. I hope you do just so i don't have to repeat it. Barney Frank was key in deregulating the banks, and incentivizing them to give out bad loans to people with bad credik. It was a 3 way on the economy. Government incentivize banks to deregulate. Banks wanting to get that government cash and thus loosens their regulations, idiot private citizens thinking they could buy a $350k house while making $50k/year combined salary. If you aren't aware of this, then you really don't need to be talking economy anymore.

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I answered plenty of your attempted gotcha questions but you still refuse to answer my one. Pot kettle bro.

No you didn't You haven't answered a single one. How about this, i'll go back and compile 1 post with the questions i asked.

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Completely false. I think there are TONS that Obama did that I don't agree with and strongly.

If you can't see Obama was a failure economically, then you are merely sheep.

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Which we've had for a few years now.

No we haven't.

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Who was president during all but 98% of those strong labor market weeks again?

As i stated before, where were the job gains? What happened to avg median income during his tenure? What types of jobs were those, full or part time? What UE model did they use to count those UE numbers?

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The out of control spending does prop up the economy though and not just through gov't jobs but through gov't contracts flowing to the private sector like water. That strengthens the private sector today while weakening the future of the country through increased debt load.

This may be the only place we partly agree. Public spending on gov't contracts does allow for private sector to make money. However, all public spending is tax dollars, meaning we pay for it. The only way public contracts equals a net positive is if these contracts pave the way for private industry to grow and create jobs via these avenues. A very simplistic example would be a road built in the middle of nowhere that allows a company to begin shipping its materials (again, extremely over-simplified example). However, on the flip side of this, most government spending under Obama was on agencies. IRS tripled it's body count. How many solar and alternative energy companies were funneled billions of dollars to then go belly up or move their business overseas?

Obama sucked on the economy. There is no other way around it. Manufacturing jobs fell. Trade imbalance grew. These are facts. The only industry sectors that had constant growth was retail/service i.e. low paying part time jobs, and Public, aka tax dollars to federal and state employees.

And to top it off, Obamacare did it's best to destroy small business and private sector. DO you deny this?

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