Barack Obama’s disastrous first 1,000 days

20 straight months of private sector employment growth.
8 straight quarters of GDP growth
45% increase in the stock markets
Got Osama bin Laden.
Got Atiyah Abd al-Rahman
Got Anwar al-Aulaqi
Ousted Muamar Kadaffi at 1/1000 the cost of the Iraq war
First president to decrease spending in a year in decades
Reduced the deficit his first full year in office
Saved 2-3 million jobs with his stimulus package
Passed health care reform that will provide coverage to tens of millions
Passed financial regulation reform to prevent another housing bubble fiasco.

 

You deny that Barrack bin Husseini O'Bama is an utter failure at everything all the time?

 

That's what happens when you let the financial industry run amuck without oversight and destroy the housing market and construction industry.

 

Well, it certainly was one of the pieces of deregulation that made it so much worse. I'm not interested in any partisan GOP/Dem games though.

The banking, insurance and brokerage industries had a huge five year campaign to pressure both Republican and Democratic Party officials to repeal Glass-Steagall. $300 millon was spent in 1997 and 1998 alone. Wall Street controls the US government.

 

You mean the repeal of Glass-Steagal? Who did that? Clinton!

 

Of course. And I'd be happy to post a list of reasons why. I'll go one-for-one with you as you try to list points indicating that, like me, you are not a braindead moron who is content to swallow one dose of manufactured right-wing swill after another.

 

Obama who was a full voting member of the Democrat controlled congress that took the full employment the Republicans left them, the falling deficits down to $161 billion and turned it into this mess? That Obama? The only thing he "inherited" when he moved over the the WH was the mess he helped create.

 

I think you have mismnomered yourself. Your are neither daft nor a punk.

Thats because special interests are allowed to right law, congress has abdicated their constitutional right to do that. Thats how we got the health care fiasco.

 

Correct. Repeal of Glass-Steagall was long-time Republican wet dream. They'd tried to get rid of it a dozen times before. To be honest, sections of it did need revision, though. It actually was needlessly compromising the ability of US banks to grow in international markets.

And it's important to note that the unfortunate ultimate degree of repeal agreed to by Democrats did nothing to create the credit crisis. It only ended up creating a playing field on which those intent on creating such a crisis would have an easier and more profitable time in doing it. Now, the rigged IPO scandals that followed almost immediately on the heels of repeal and bilked thousands of unsuspecting Americans out of untold millions of dollars, those were directly enabled by the repeal of Glass-Steagall, and no one should have been surprised by such exploitation once the gates to it were so foolishly reopened.

 

Really?

There...now you have...

 

Hmmm. A re-emergence of classic Zombie-Lies.

 

Please be specific.

 

You mean because he was 1/100 of the Senate and a member of the Democratic controlled Senate that could not override a Bush veto after the housing bubble had completely inflated under the Republican controlled Congress and WH, that means that Obama "owns" the Great Bush Recession in your view?

What a surprise.

 

Did Reagan???,,,Did he cry?,,,squirm? did he bring up Carter every chance he had???
Nope,,he took it on his shoulders like any Commander and Chief would, and SHOULD!!
We have nothing more than a inexperienced cry baby with this guy....and his followers. It's been played out by this guy a hundred times and he's still at it, he takes responsibility for nothing. If he had another four years it would be the same and you know it, he's a pansy plain and simple...Poor poor Obama....
Meanwhile all he has done for the economy has failed, the only thing he has earned is his approval rating....which of course is blamed on Bush!

38%

 

Yup things went from bad to worse just after the election. Businesses KNEW what an abortion Obummer was going to be. Why invest when the slug said he was for redistributing the wealth?

How has that unemployment going for you since he took office?

 

Did a little research,,,,,,,,,,,,,,

http://en.wikipedia.org/wiki/United_States_presidential_approval_rating

Loser in Chief is only a half a point away from Bush's average approval number his first term right now...and Bush obviously did not get the distorted Bias minority numbers...I would say that puts Bush way above him. Obama's real number is probably around 45,,,,at best....
I think it's dishonest to include the distorted numbers.

 

Worse?

When was the last time we lost over 500,000 net jobs in a month?

When was the last time GDP decreased 7% in a quarter?

Unemployment was skyrocketing upwards when Obama took office and continued up to 10.1%. It has since slowly decreased and is now 9.1%.

Still too high, in part because we have state governments laying off hundreds of thousands of workers. But given the severity of the Great Recession, the collapse of the real estate market and construction industry, and potential collapse of the financial industry, it could have been much worse. Imagine if the banking sector collapse along with the auto industry the 2-3 million jobs that were saved with the Stimulus.

 

Bush was saved because of 9/11. Without that his first term numbers probably would have looked more like his second term numbers.

 

Please be realistic. Your assorted fantasies have been hosed down the storm drain at least a dozen times before, yet they keep crawling back to the surface. The facts that destroyed them all those other times are still out there. Try refuting them for once. HAH! Like you could...

 

He doesn't. He owns the current economy, which is still in the dumps.

 

FACT unemployment is higher then it was in Jan 2009. FACT, once thrown out of office the investigations may force Bummer to flee the country or suicide.

Happy day for the country no matter how you slice it.

 

What about the fact that the economy was losing 1/2 million jobs a month when he took office?

When was the last time we lost over 500,000 net jobs in a month?

When was the last time GDP decreased 7% in a quarter?

 

That would be yet another CHERRY-PICKED fact. The number unemployed is down by 850K (sa) since January 2010, the first decrease since 2006. Increase under Bush between Jan 2007 and Jan 2008? 553K. Increase under Bush between Jan 2008 and Jan 2009? 4,331K. THOSE are facts.

 

Well in that case I guess I could say without the war Obama would not have all his excuses, and Bush would have been regarded a great President...
Face it everything is falling apart for Obama, his poor numbers should actually be worse,,,fact!
The only thing I know worse than his performance ..................is this site...

 

CRA, Clinton, not Obama.