Obama is the best. Since he became president I have been able to purchase the Iphone 3G, 4, 5 and now the new Iphone 6. Before Obama this was not possible. I had a Motorola Razr flip phone and was made fun of at the clubs.
I am not fooled by a fake unemployment rate, which doesn't factor in the 12 million Americans which have left the job force since Obama took over. That said, I am pleasantly surprised that the economy can hang in there in the face of higher taxes, much larger government, dramatically more regulations, an incoherent immigration policy, a disastrous and failed foreign policy, and an environmental policy that pushes businesses and consumers. What has carried us has been the most loose monetary policy in history by the Federal Reserve, which has created rock bottom interest rates for so long. This has pushed up the stock market, which has had a wealth effect. Now, ironically, consumers are being helped by low oil prices. This has been the result of energy companies (big oil!) working hard to improve their production techniques and taking big risks to do so. The result is increased oil production and lower costs for consumers. All of this has been done in the face of heavy opposition from the Obama Administration. We would actually have a robust economy if we had an Administration that was even neutral on business. Instead we have a weak recovery despite record setting low interest rates and now low energy costs.
Thank god we have people like you around who aren't fooled. I bet one has to get up rather early in the morning to fool you. Due in part to the shift work that you engage in.
WHY OBAMA?!?!? “Our businesses are in the longest uninterrupted stretch of job creation in our history.”
There needs to be another stack on that bar chart that shows the jobs that would have been created by an Administration that was neutral or favorable to business activity. The American people rate Obama very poor on the economy, as they should. It is impossible to equate Obama's policies to job creation and attribute any type of causation there. Basic mean reversion would have led to far more jobs. The loose monetary policy layered on top of that would have led to even more. The economy continues to be suppressed by higher taxes, incoherent domestic and foreign policies, and a ridiculously unpopular set of environmental fantasy policies. #Economycan'tbreathe
Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance http://www.forbes.com/sites/clareoc...t-taxpayers-6-2-billion-in-public-assistance/
I don't disagree that the current resurgence of the US economy (pre-oil fall) was due to Fed policy, but that my friend is Government at work; pro-business government adding debt on to the people to restart stagnant business.... and not taxing them more for the effort. The fall in oil should take over as the stimulus ends. Say, "thank you Mr. President".
Clearly you are not suggesting government be in the business of job creation? That should be left to the private industry.
So first conservatives say that the economy wouldn't recover due to Obamas policies. Now they say the economy would have recovered more effectively had Obamas policies not been in effect. Keep changing the goalposts. It's what you are good at.
I do not think that you understand the Federal Reserve. It is an independent policy making body. Government does not influence it. So this is not the government at work; it is the Fed at work. Second point: The jobs number that is being trumpeted is in fact a fake number, as I pointed out previously. The figure is based on Census information and household surveys and on top of that does not adjust for a declining labor force participation rate. The Census was caught red handed in October 2012 (immediately preceding the 2012 election) falsifying survey data. The unemployment rate at that time dropped from 8.1% to 7.8%, which gave Obama a talking point for his campaign. Yes, you read that correctly, the number was faked. The number has absolutely no credibility. None. If it did, then we would all be talking about how great the economy is, which it is not. Yet another deception from the Administration with no integrity.
"thanks mr.keynes" "F**k off bankers who crashed the economy" say the magic words texxx. noms noms noms
I do not think that you understand that both monetary and fiscal policy can be factors in economic growth.
Nothings more favorable to business than strangling demand with government shutdowns, savaging state and local budgets, and squeezing consumers the Boehner way! It seems exhausting to have to live in fv Santiago's constructed reality. More work than having to admit that you are wrong. It's certainly more embarrassing
Making an unsupported claim does not establish that the claim is "in fact" true. It is measured the same way it has been for decades. You do know that the declining participation rate is the result of increased retirements by baby boomers, right? This isn't a sign that the economy is doing poorly, it is a completely predictable demographic change which will continue regardless of who is in Congress and the White House over the coming years. No, there were areas where there was potential for falsified data, but no widespread data falsification took place... http://fcw.com/articles/2014/09/18/census-data-scandal.aspx "Furthermore, a report released in May by the Commerce Department's inspector general "did not substantiate the existence of widespread falsification" of data but "did identify several vulnerabilities with respect to the Census Bureau policies and processes for detecting and preventing data falsification." Well, except for the fact that it is a number derived by the exact same methodology with which it has been derived for decades. The only difference now is that Obama is in office, activating your ODS. The liars and the people who parrot them are the ones with no integrity. I suspect you are but a parrot.
No, actually what some of us don't do is let political leanings cloud our judgment. You clearly do. Which is why we have to hold you accountable. It's like people still criticizing James Harden as a bad defensive player. They can make a YouTube video of 5-6 examples to try to prove their point. The rational among us know they're full of ****, and we try to argue that they obviously haven't watched ALL the games and haven't taken ALL into consideration, but to no avail. They're going to go with their small sample. It will take something huge, like a championship, to convert them. Just like it takes extreme conservatives something huge, like Bin Laden's death, for them to even give a modicum of credit to the person in charge. You think that would have been the case if George W. Bush had been in charge? Hell no- you would see Fox News and the like slobbering over him, just the same way MSNBC slobbers over everything Obama does. Come on, if you don't realize how the political bias works by now, you're really more clueless than you even appear to be. Heck, we can't even provide facts- nothing is good enough for the anti-Obama crowd. But it doesn't matter- we've long since known that BigTexx's opinions on political matters don't matter- they're too clouded in bias. He's a Wikipedia entry gone bad. Always go with the ones who can either give Obama praise, or give him blame, as is reasonable. Everything Obama does is not right, and everything he does is not wrong. When you encounter those with either of these perspectives, caveat emptor. Here's the test: ask B.T. to name 5 good things Obama has done. Even the worst President in the history of the U.S. has at least 5 (except William Henry Harrison- I don't think you can accomplish 5 things in 1 month- or for however short a time he was Prez). He won't do it. And if he does, it will be of the backhanded-compliment variety, such as "He didn't **** it up and get in the military's way when THEY decided on the Bin Laden attack." Pose that question to anyone- including liberals- if liberals can't give you 5 good things GWB did, then they're just as worthless as B.T.
A government agency (Commerce) investigating another government agency (Census) is laughable on its face to begin with. The fact that they came back without conclusively declaring that no falsification occurred is proof positive that falsification did in fact occur. Of course, they do use misdirection by stating that they couldn't substantiate 'widespread falsification'. Guess what, you don't need widespread falsification to misrepresent the numbers, which they did. But this statement was thrown in there by the report and by Commerce in order to confuse, and to give the naive something to cling to in their hilarious rebuttals. It's yet another deception. The number was faked for political gain. How anyone can think that is impossible is beyond me, given that this Administration has lied and misrepresented issues for political gain over and over again. Remember, this is an Administration that literally bugged reporters computers and intimidates journalists to toe the line. Is that even remotely acceptable in your world? They lied about Obamacare being a tax. They lied about keeping your doctor. The architect of the entire law (Gruber) openly mocks "stupid Americans" who he purposefully tricked. That means you! Yet you still defend them?
