It's called denial. Bush tried to warn Congress of the impending crash, but the Democrats insisted there was nothing wrong at Fannie and Freddie. Now after 6 years, 2 years of full control and 4 years of 2/3rds control............ The mean GDP growth rate is still under 2%, thanks Obama and thanks Democrats. How much more obvious does it need to be that their liberal economics is a failure. It will remain this way as long as they control ANYTHING! Folks if you like things the way they are right now, vote for Hillary and keep it that way for the next 4 years.
Certainly it's sane because the Senate Republicans in the first two years of Obama's first term did everything in their power to stall, delay and throw sand in the Senate gears. And they did a masterful job. Just because you have 60 votes in the Senate, if the other party is united and knowledgeable, you'll find it very difficult to govern. The part that really grids my jaws is all of the whining Repubs did after Reid dropped the hammer on the to allow nominees to federal positions to be allowed a vote. If they had a problem with one or two nominees, fine, that's the way the game is played. But every one? No, that's just wrong. And then don't whine when you get a sharp stick in the eye as a result. Walk outside; look in any direction and then tell me, what would it look like if millions of people were denied minimal economic security? and they were hungry? and their kids, too? How long do you think it would be before what happened in Baltimore would look like a Sunday picnic? Those laws and regulations are already in place, some states more stringent than others. Look into it.
Yeah. Denial. Like "Bush tried to warn Congress..." and blame it on ?Fannie and Freddie? Gimme a break. And now, let's step out of the Fox bubble and into reality:
But then we also have the results of the Bush administration's policies to think about when considering the alternatives that Obama's political opponents want to implement. That was a complete disaster. Or have you forgot that the nation was losing nearly 800,000 jobs a month when Obama was elected?
[video=youtube;cMnSp4qEXNM]https://www.youtube.com/watch?v=cMnSp4qEXNM[/video] Watch. Reality? Domain Name: DAILYKOS.COM Registrant Name: Registration Private Registrant Organization: Domains By Proxy, LLC Registrant Street: DomainsByProxy.com http://www.whois.com/whois/dailykos.com Reality from folks who need to hide their identity? Would you buy a used car from a car lot where all the salesmen wore rubber masks to hide their identity? Believing what's written on a website who hides their identity is doing the exact same thing. You call that reality? Domain Name: FOXNEWS.COM Registrant Name: Intellectual Property Department (Fox News) Registrant Organization: Fox News Network, LLC Registrant Street: c/o Twentieth Century Fox Film Corporation, 10201 W. Pico Boulevard Registrant City: Los Angeles Registrant State/Province: CA Registrant Postal Code: 90213 http://www.whois.com/whois/foxnews.com Fox News doesn't need to hide who they are for fear of the process servers. That my friend is the reality of it.
Obama Has Lowest Average 1stQ GDP Growth of Any President on Record If Hillary's elected President, she will be Obama's third term and we can expect more of the same.
There were seven good years during the Bush administration, there has been nothing even remotely close under the boy king. Obama walked into the White House with tons of political capital, the House, a veto proof Senate, and the executive and managed to do absolutely nothing to get the economy going...
You need to check your sources better. When Obama took office, there were 41 Republicans in the Senate.
What bills? Like Keystone? Why when the first $800B didn't work. That is not a jobs bill nor does it increase consumer spending. So you are ignorant of the fact they actually passed a budget. Better get some better news sources then and stop showing that ignorance. The fact is that was their first job and they did it as oppposed to 6 years without one under the Democrats. Set up 52 months of full employment, rising incomes, soaring tax revenues and a budget with only a $161B deficit. So what did the Democrats and Obama do after they took over..............dude.
The job losses bottomed out the month Obama moved over to the White House. The recession ended 6 months later, almost 7 years ago. And of course the Democrats took over control of government TWO YEARS earlier. So all you have is excuses. But the fact is what you are actually saying is that the job was too much for him.
Sorry but that definition went out a long time ago. For instance there was not a 2 consecutive negative quarters in the 2000/2001 slowdown/recession. The NBER sets what is and what is not a recession.
False choice isn't it. So you like the almost 7 years of tepid at best economic growth, the worst employment record in modern times, the HUGE deficits and falling incomes we have had under the Obama/Democrat polices versus the full employment, soaring tax revenues, paltry deficit and rising incomes under the Bush/Republican policies?
And what Bush policies are to blame for that? Did you forget the Democrats, including Obama, took control of the Government in 2007. How many jobs a month were we losing then? Have you forgot those job loses bottomed out the month Obama moved over to the White House and that that was almost 7 years ago? And you are still trying to blame Bush.......
The NY Times is in red. After reading the ridiculous article you posted, it's little wonder why their circulation is dropping like a brick. The mean GDP growth rate hasn't made it above 2% since Obama took office as a result of liberal Democrat economic policies. 1st Q 2015 went negative because the Obama Care Employer Mandate kicked in Jan 1st.
Actually, job loses bottomed out in March 2009, not January, and unemployment is now over 2 points below where it was when Obama took office.
Right. The economy is like a guy on a trampoline who hits the top of his jump, drops like a stone and then bounces right back up to where he was. No problem, right? Please, not today. Go talk to your buddies who believe this as well.