"WHY SUCH A PATHETIC RECOVERY?
The “Age of Obama,” as John noted yesterday, is marked by record poverty, declining incomes, unprecedented numbers depending on federal poverty programs, and millions leaving the labor force in despair.
To be sure, Obama inherited a deep recession. But economists John Taylor and Lee Ohanian (both of the Hoover Institution) remind us that “nearly all recoveries following severe U.S. recessions have featured robust economic recoveries that rapidly restored real income, output, and employment to their pre-recession trends.”
This recovery has featured none of the above. The numbers"...
And now Bernanke conceded that the recovery has continued to fail, so more money is going to be pumped into the big banks. Meanwhile the consumer savers are earning .05% on their money.
Thomas Sowell: There are no solutions, just trade-offs.
Blazer Bob wrote: To be sure, Obama inherited a deep recession.
Seems to me that Barry begged for the chance to turn the economy around not just once but twice, this mess is in Barry's wheelhouse now and has been for the last four plus years. If he had the tools to fix the economy it would have happened by now, I'm convinced that Barry's agenda is to reduce the US to a substandard nation on par with the poorest nations of Europe.
I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
FredHayek wrote: And now Bernanke conceded that the recovery has continued to fail, so more money is going to be pumped into the big banks. Meanwhile the consumer savers are earning .05% on their money.
Really?... You have a VERIFIABLE SOURCE FOR THAT? lol lol lol
LOL It's Bushes fault. I know you were going to say that. Don't you hate it when after 5 years that is all you have.
Fill in random bile and venom here___________
LadyJazzer wrote:
FredHayek wrote: And now Bernanke conceded that the recovery has continued to fail, so more money is going to be pumped into the big banks. Meanwhile the consumer savers are earning .05% on their money.
Really?... You have a VERIFIABLE SOURCE FOR THAT? lol lol lol
LJ loves to show the Clinton years but her slanted bar graphs never include the Obamarecession. I wonder why?
Less adults employed now than during the Bush years.
Thomas Sowell: There are no solutions, just trade-offs.
FredHayek wrote: LJ loves to show the Clinton years but her slanted bar graphs never include the Obamarecession. I wonder why?
Less adults employed now than during the Bush years.
Didn't you get the excuse memo? Everybody decided to retire after Obama was elected so the workforce shrunk.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
Blazer Bob wrote: LOL It's Bushes fault. I know you were going to say that. Don't you hate it when after 5 years that is all you have.
Fill in random bile and venom here___________
Dang, don't you hate it when someone throws FACTS into the Obama-hater's tirades? And the information is not "5 years old"...It's recently updated and it goes out to 2019-2022....
If I were stuck with the provable disaster of the failed policies of the last Republican @ssclown who was president, I'd be trying to deflect too.
LJ still doesn't have an explanation for why Obama has totally failed the country and left the economy mired.
Blame the Republican House again? If Americans actually believed in his message they would boot out the GOP, instead they voted in the Republicans to the House to stop Barack.
Thomas Sowell: There are no solutions, just trade-offs.
Yes I do.... The Republicans.... Simple answer to a simple question. They declared on Day-1 of his presidency that their game-plan was to obstruct, nullify, and demolish...at any cost.
You just love 2010, don't ya?... LOL!!! ... How'd that work out for ya in 2012? How'd that "One-term president" thing work out for ya?
Ooopsie... Lost the BIG ONE again... Lost 17 of the teabagger seats, 3 of the senate seats.... But you keep reminiscing about 2010...I realize it's all you have to cling to...
