Obama making it worse

[Pastor Larry]

From the WSJ where people know a thing or two about money and the economy:

But after five weeks in office, it's become clear that Mr. Obama's policies are slowing, if not stopping, what would otherwise be the normal process of economic recovery. From punishing business to squandering scarce national public resources, Team Obama is creating more uncertainty and less confidence -- and thus a longer period of recession or subpar growth.

 

[rbell]

Agreed. Let's see...what's just about the worst thing one can do in a recession...I know! Let's discourage entreprenourship and building wealth! Let's tax corporations a bunch! Let's come up with one of the stupidest ideas in years...a "carbon tax" (otherwise known as a catch-all for enhancing revenue).

Obama is so far in over his head, it isn't funny. He has no clue what do do during rough economic times. So, he reverts to what he's always done--which is the worst possible thing at the moment.

 

[OldRegular]

Agreed. Let's see...what's just about the worst thing one can do in a recession...I know! Let's discourage entreprenourship and building wealth! Let's tax corporations a bunch! Let's come up with one of the stupidest ideas in years...a "carbon tax" (otherwise known as a catch-all for enhancing revenue).

Obama is so far in over his head, it isn't funny. He has no clue what do do during rough economic times. So, he reverts to what he's always done--which is the worst possible thing at the moment.

I agree with everything you say except I would define the carbon tax as "shaft [that is tax] everything that moves". Also I am not sure O'bama is not achieving that which he wants, the bankruptcy of the country. Either that or he is incredible stupid since the economy continues to tank every time he opens his mouth.

 

[targus]

I think that it is purposeful to make as many people as possible depenent upon the government. Take away as much wealth and self reliance as possible from as many people as possible and replace it with a government check in an attempt to make them Democrat voters.

 

[JustChristian]

I agree with everything you say except I would define the carbon tax as "shaft [that is tax] everything that moves". Also I am not sure O'bama is not achieving that which he wants, the bankruptcy of the country. Either that or he is incredible stupid since the economy continues to tank every time he opens his mouth.

Actually, bankrupting the US was Bush's objective. That's the only thing he did well.

 

[canadyjd]

Actually, bankrupting the US was Bush's objective. That's the only thing he did well.

He kept us safe, as well.

peace to youraying:

 

[Pastor Larry]

Actually, bankrupting the US was Bush's objective. That's the only thing he did well.

Aside from being off topic, how do you know this was his objective? Do you have any proof of this?

And if you compare him to Obama, Bush didn't do well at all. It took years for Bush to run up the deficit that Obama ran up in less than a month.

 

[Steven2006]

In many ways it doesn't surprise me because I had expected him to do an awful job economically. But the magnitude of his incompetence has been staggering to say the least.

 

[LeBuick]

And if you compare him to Obama, Bush didn't do well at all. It took years for Bush to run up the deficit that Obama ran up in less than a month.

Perhaps Bush should be taking notes, Obama showing him how it's done... :thumbs:

 

[dragonfly]

He kept us safe, as well.

peace to youraying:

Why should the terrorists attack when Bush was destroying the country, and doing a much better job than they could have done?

 

[rbell]

Why should the terrorists attack when Bush was destroying the country, and doing a much better job than they could have done?

So, Bush is worse than the Muslim terrorists?

Funny...the credibility-o-meter seems to be broken. It's not registering when I point it at your posts.

 

[Pastor Larry]

Perhaps Bush should be taking notes, Obama showing him how it's done...

Yes, if you want to run up more debt.

 

[Magnetic Poles]

Bear in mind, this is an Op/Ed piece, and not a news report.

 

[LeBuick]

Yes, if you want to run up more debt.

Bush wasn't an amateur, he just wasn't as good as Obama. The other difference, we can see where the money is going with Obama. Good luck finding the first half of the TARP money.

 

[canadyjd]

Why should the terrorists attack when Bush was destroying the country, and doing a much better job than they could have done?

I see you are unable to accept the truth and can only make silly comments.

peace to youraying:

 

[JustChristian]

Aside from being off topic, how do you know this was his objective? Do you have any proof of this?

And if you compare him to Obama, Bush didn't do well at all. It took years for Bush to run up the deficit that Obama ran up in less than a month.

I thought we were talking about the economy. I guess not. It's just another one of those endless bash Obama threads.

 

[Bro. Curtis]

Yeah, yer right. Things are much better now that the dems have complete control.















:laugh:

 

[LeBuick]

Yeah, yer right. Things are much better now that the dems have complete control.

It's only been a month, it took the Republican's a long time to break the economy so you can't expect the Democrats to undo this mess in a month. Look how long it took Clinton to undo the mess Reagan left behind.

 

[Bro. Curtis]

Nice spin, I see you still prowl the BB at night being dishonest.

When the dems took control of congress in 2006, the DOW was over 14000. Now look at it. Seems like they just MIGHT have had a little to do with it, doncha think ? Maybe they were too busy bashing Bush for the war, while signing off on all the war funding, in short, too busy talking out of both sides of their mouths to notice ?

 

[LeBuick]

Nice spin, I see you still prowl the BB at night being dishonest.

When the dems took control of congress in 2006, the DOW was over 14000. Now look at it. Seems like they just MIGHT have had a little to do with it, doncha think ? Maybe they were too busy bashing Bush for the war, while signing off on all the war funding, in short, too busy talking out of both sides of their mouths to notice ?

More conservative talking points. I saw that email a while back but FACT check already debunked it.

This was written on May 8, 2008

http://www.factcheck.org/askfactcheck/did_electing_a_democratic_congress_in_2006.html

The e-mail actually understates the equity drop by $500 billion. In fact, the stock market lost $2.8 trillion in equity from its most recent high point. But the e-mail fails to make clear that the high point happened nearly a full year after the election. It also neglects to mention that the market is higher now than it was in November 2006.

The DOW tanking is a product of the bad loans and wall street greed. That has nothing to do with the current congress, it has more to do with the Bush tax cuts which encouraged off shoring of jobs so now homeowners can't pay their mortgage.