And it is pretty likely that these numbers will be revised downward - since that is what happened to the last 3 quarters numbers.
I see were still using the ol "it took 8 years to get here" blather too- no acknowledgement of the fact that many parts of the world are growing strong after a very brief recession.
It didn't take 8 years to get here- we had a decent economy for 7 years under Bush- the kind of economy that many today wish we could get back- if we only had things as good as they were back then.
The lefties on this board seem to have no capacity for blame on their side- the spending and the policies that have led us here did start under Bush- it was the demoncratic congress under Bush that led us here- and then under the great leader we have today- expanded.
Obama took all the bad things Bush was doing- and put them all on steriods.
Raees wrote: You must be beside yourself with glee.
So do you think Obama's efforts to fix this economy are doing any good at all?
When you go from losing 800,000+ jobs a month to creating even 1 job a month you are doing some good.....and Obama has done much better than that. Our "gotta have it all now" mentality has kept this country from realizing that slow steady growth is a good indication that the economy IS turning around. I don't think the blame is Bush's or Obama's it has been the American way to spend, spend, spend for decades. the American people did it with credit well beyond their ability to pay, with mortgages they couldn't afford, with big screen TV's, fancy cars, and expensive vacations that were all put on credit cards with the belief that sure, they would make enough to pay for all that "later". Well our government did that too......again, for decades......that's a bubble, and it was a disaster waiting to happen of our OWN MAKING. When the house of cards fell, like typical Americans, we demanded that our leaders, our president, fix it NOW. The want the pain gone now, they don't want to work towards a better government, a better way of managing our money, to live within our means and slowly grow a better economy.....nope, fix it quick, make me rich again, let me spend, spend, spend again, let the government cut, cut, cut everything that doesn't effect ME. I'm not old.....take money from the seniors. I'm not poor, cut their welfare and medicaid, I'm not unemployed, don't make me pay for those who are, I have health insurance, don't spend anything on those who don't, and on, and on.
I am satisfied with the job Obama has done on the economy because I can see the reality of where we have been and where I think we should be going. Sure, I would like faster growth, more jobs, better housing prices....but not at the expense of my fellow citizens who are not doing as well as I am.......I much prefer the Democrat's approach to the economy and their priorities than that of the Republicans.
FredHayek wrote: Obama: "Wah, it's not my fault!!! I didn't build this economy."
Barack clearly didn't build this economy, but he sure dragged it down by adding excessive debt.
Straight from Biden ->
"Right now, we are the ones in charge, and it's gotten better but it hasn't gotten good enough," Biden told WLRN. "...I don't blame them for being mad. We're in charge. So they're angry."
Biden said it is "totally legitimate" for the 2012 presidential election to be "a referendum on Obama and Biden and the nature and state of the economy."
Liberals can keep looking like idiots by blaming Bush, or listen to the words ot their own party's leadership.
Sure, I would like faster growth, more jobs, better housing prices....but not at the expense of my fellow citizens who are not doing as well as I am.......I much prefer the Democrat's approach to the economy and their priorities than that of the Republicans.
By your own admission you are not willing to make the cuts necessary to stop the credit card spree that Obama is on. So I think you - and people who think like you are the problem.
Did you not just outline the problem of everyone (including the government) spending more than they could afford? But then right after that you complain when some of us want to bring that spending under control- you said you prefer the "Democrat" way. Is that not just more of the same thing that got us into this mess?
Sure, I would like faster growth, more jobs, better housing prices....but not at the expense of my fellow citizens who are not doing as well as I am.......I much prefer the Democrat's approach to the economy and their priorities than that of the Republicans.
By your own admission you are not willing to make the cuts necessary to stop the credit card spree that Obama is on. So I think you - and people who think like you are the problem.
Did you not just outline the problem of everyone (including the government) spending more than they could afford? But then right after that you complain when some of us want to bring that spending under control- you said you prefer the "Democrat" way. Is that not just more of the same thing that got us into this mess?
I just can't follow liberal logic.
Of course you can't....that is because you don't read what is actually posted but respond to what you THINK a liberal posted. I am willing to make the cuts necessary.......but not all on the backs of seniors, the poor, the unemployed and uninsured. We need to cut across the board....AND.....we need to raise more revenue. The liberals want a balanced approach, cut spending and increase revenue......that is how a family would deal with high debt.......you can't cut enough to reduce the deficit without really hurting this country, we have to raise more revenue. Bush did exactly what was the worst thing for a government, or a family.....when he had a surplus......instead of saving it for a rainy day, he squandered it by giving tax cuts to everyone, even those who really didn't need them. That's like a family finally having a decent savings account and blowing it on a new car they don't need.
archer wrote: We need to cut across the board....AND.....we need to raise more revenue. The liberals want a balanced approach, cut spending and increase revenue.......
You don't 'raise revenue' by taxation. You eliminate the revenue problem by putting more people to work. The current administration has been a total failure at reducing unemployment. 0 hasn't met with his jobs council on over 6 months and his jobs czar is a cronic outsourcer.
Should I even start on the topic of waste? The massive government waste that continues under 0 with countless wasteful, overlapping, inefficient programs?
archer wrote: Bush did exactly what was the worst thing for a government, or a family.....when he had a surplus......instead of saving it for a rainy day, he squandered it by giving tax cuts to everyone, even those who really didn't need them. That's like a family finally having a decent savings account and blowing it on a new car they don't need.
It's not 'the governments' money, or "Bush's money", Archer. It belongs to US, the taxpayers. Giving money back to who it belongs to isn't what I would call squandering.
But, this is simply a difference in philosophy. You want big government who thinks my money belongs to them. I prefer a smaller, efficient, accountable government.
Raees wrote: You must be beside yourself with glee.
So do you think Obama's efforts to fix this economy are doing any good at all?
When you go from losing 800,000+ jobs a month to creating even 1 job a month you are doing some good.....and Obama has done much better than that. Our "gotta have it all now" mentality has kept this country from realizing that slow steady growth is a good indication that the economy IS turning around. I don't think the blame is Bush's or Obama's it has been the American way to spend, spend, spend for decades. the American people did it with credit well beyond their ability to pay, with mortgages they couldn't afford, with big screen TV's, fancy cars, and expensive vacations that were all put on credit cards with the belief that sure, they would make enough to pay for all that "later". Well our government did that too......again, for decades......that's a bubble, and it was a disaster waiting to happen of our OWN MAKING. When the house of cards fell, like typical Americans, we demanded that our leaders, our president, fix it NOW. The want the pain gone now, they don't want to work towards a better government, a better way of managing our money, to live within our means and slowly grow a better economy.....nope, fix it quick, make me rich again, let me spend, spend, spend again, let the government cut, cut, cut everything that doesn't effect ME. I'm not old.....take money from the seniors. I'm not poor, cut their welfare and medicaid, I'm not unemployed, don't make me pay for those who are, I have health insurance, don't spend anything on those who don't, and on, and on.
I am satisfied with the job Obama has done on the economy because I can see the reality of where we have been and where I think we should be going. Sure, I would like faster growth, more jobs, better housing prices....but not at the expense of my fellow citizens who are not doing as well as I am.......I much prefer the Democrat's approach to the economy and their priorities than that of the Republicans.
Slow, steady, growth? We aren't even creating enough jobs for the increase in population. At 80,000 every week, on a good week, it will take 30 years to get back up to full employment. It is equivalent to to one step forward and two steps back.
Thomas Sowell: There are no solutions, just trade-offs.
Slow, steady, growth? We aren't even creating enough jobs for the increase in population. At 80,000 every week, on a good week, it will take 30 years to get back up to full employment. It is equivalent to to one step forward and two steps back.
