Thread: Well, Here We Go Again!
9/25/2012 11:07pm, #291
The disingenous part of me wants to point out that the economy under Mr. Obama sank to depths Bush the Younger never even glimpsed, but I suppose the counter argument would be that BTY threw his frat party and then bailed before the landlord showed up, leaving BHO to deal with the comatose naked people and empty beer kegs everywhere.
Basic math. If you stop taking in as much revenue, while launching wars and simultaneously increasing the size of the govt. there will be a financial crisis. That it doesn't start until nearly the next POTUS's term doesn't mean he did it. It means trickle down policies caused the great recession.
Deregulation, tax cuts for upper earners, voter suppression, gutting public services...these things are shown to be harmful. That the rich Republicans can persuade so many of the poor to support this, at their own expense, shows how badly the educational system has been preparing young adults for critical thinking.
9/25/2012 11:13pm, #292
9/25/2012 11:20pm, #293
Three corporations going bankrupt drags every company in existence down with them, leaving to complete societal collapse and the U.S. falling under the iron fist of the Amish Overlords.
Can someone provide sources on Bush the Younger blaming 9-11, Hurricane Katrina, Saddam Hussein, Enron, etc. on Clinton? Preferably ones that use short sentences and words of few syallables, so this brainwashed sheep can comprehend them?
Last edited by Vince Tortelli; 9/25/2012 11:23pm at .
9/25/2012 11:24pm, #294
9/26/2012 12:37am, #295
...over 1.7 million people are employed by the auto industry. In addition, the industry is a huge consumer of goods and services from many other sectors and contributes to a net employment impact in the U.S. economy of nearly 8 million jobs. Approximately 4.5 percent of all U.S. jobs are supported by the strong presence of the auto industry in the U.S. economy. People in these jobs collectively earn over $500 billion annually in compensation and generate more than $70 billion in tax revenues.
9/26/2012 9:20am, #296
9/26/2012 9:57am, #297
The Dow is back up almost 5,000 points, 401k plans have recovered most of their losses, the unemployment rate is stable, and we're past 30 straight months of private sector job growth. Not to mention Detroit paid back most of their borrowed taxpayer bailouts, and banks are lending again (remember the credit freezes a few years ago??)
A rational mind would call that an "economy in recovery".
Only someone listening to certain assholes with an agenda would think otherwise.
Last edited by W. Rabbit; 9/26/2012 10:03am at .
9/26/2012 10:06am, #298
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9/26/2012 10:08am, #299
9/26/2012 11:41am, #300
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