Why are tea baggers white?
- Thread starter Avro
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And what does that tell us? Unemployment is the lagging indicator of economic downturn or economic upturn, it lags behind all the other indicators. Bush had set forces in motion which resulted in huge unemployment long after Obama came to office.
It is only the most loyal Republican partisan who will blame Obama for the increased unemployment, it was caused by Bush. Obama had to take extraordinary measures to clean up the gigantic mess left by Bush, and it looks like he may be succeeding, though at a cost (budget deficit).
But the unemployment in 2009 was purely caused by Bush policies. But then such niceties don’t bother Bush acolytes. I remember when stock market was crashing in November 2008, Bush acolytes were busy blaming Obama and not Bush, even though Obama was not the president.
We all know what Bush acolytes think. According to Bush acolytes, the huge Bush meltdown was the fault of Obama, Clinton and Carter (I don’t know if they blame Kennedy and Johnson as well).
Of course Obama caused the recession. Well, to be fair, he was not alone in that. The fault also goes to Clinton and Carter (and to Kennedy and Johnson, perhaps even to FDR).
That is the typical Bush acolyte thinking.
And they are fixing it, all the signs (including unemployment) are that the economy is on the mend. But Bush has been crapping for eight years non stop, it takes time to clean up the mess.
The presidency gets the credit or the blame for what happens. Thus in the 1996 election, people gave credit to Clinton for fixing the economy and running a surplus, they didn't give credit to Republicans.
Same way, blame goes to Bush. Now Obama owns the economy and he will get the credit or the blame for it in 2012.
OK, so why don't you affix any blame to Clinton, since he repealed the Glass Steagul Act?
Indeed, that was the extent of Bush meltdown, 14.9 million unemployed. good of you to admit it. Now Obama has just started cleaning up the gigantic mess. Bush has been crapping for eight years, it will take time.
Until now Obama was just getting the mop, cleaning fluid, disinfectant etc. together. But it will take a long time to clean up the mess, considering the extent of it.
I have my investments in three different places (plus bank accounts, insurance policies etc.) and I have put everything on the computer. Since I get quarterly statements, I update my portfolio every quarter, correct for investments sold, investments bought etc.
When I am done, it tells me as a glance how I did in the previous quarter. In fact the quarter ended just now, so currently I am in the process of doing that.
But if you put it on a LOTUS worksheet or similar, it becomes easy.
Sorry...the numbers just don't match up.
From 2000 to 2008 the unemployment figures fluxed from 4% to 7.4%.
During this administration it has been 7.7% to 9.7% peaking at a whopping 10.1% in October. The highest in decades. He's supposed to fix it not make it worse.
It is 14.9 MILLION today. You just proved my point.
Good of you to agree with me.
It was the Bush meltdown which caused the unemployment. Obama is in the process of fixing it. If the trend of lower unemployment continues, you better pray for a double dip recession or a depression come November. If people become convinced that economy is on the right track, Republicans could be in serious trouble come November.
Some how the blame Bush thing just isn't working any longer. He had a year to show progress.
Serious trouble in November? :lol:
A year ago the GOP was on life support and the Administration and Democrat controlled congress spent the last year reviving it.
Thanks Sir Joseph - I had trouble logging into the site here and delayed me getting back to see what people had written.
I doubt I solved anything but to be honest I am satisfied I am being treated honestly. The stock firm is a well known and my piffle isn't anything they would
want to bother getting into trouble over.
I think maybe I should start paying some attention to a portion of the IRA in the next little while - maybe for six months to see if I can get back some lost money... I might even learn something (nah I won't).... I'm really stupid about money I admit it. farra
I doubt I solved anything but to be honest I am satisfied I am being treated honestly. The stock firm is a well known and my piffle isn't anything they would
want to bother getting into trouble over.
I think maybe I should start paying some attention to a portion of the IRA in the next little while - maybe for six months to see if I can get back some lost money... I might even learn something (nah I won't).... I'm really stupid about money I admit it. farra
And in addition... Democrat Michigan Congressman Stupak just declared he will not be running for re-election. Just like Patrick "Patches" Kennedy (D-RI) decided he won't run. The rats are getting off the ship, or don't want to face the voters.
Seeing as SJP claims I'm on his ignore list, so he doesn't have to answer my questions, can you do me a favour and ask him if the Presidency is the responsible party, As he has now qualified with his own words. Then why is it he doesn't hold Clinton partially responsible, because he repealed the Glass Steagul Act.
If you would be so kind or inclined sir.
I will certainly pass the word along.
Hey Joey... Is Clinton responsible for the Glass Steagul Act?
This might take awhile, he's busy staring at his rep comments that he doesn't care about on his control panel.
There must be a mirror in that room...so he can sing to himself "Oh lord it's hard to be humble":lol: