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Republicans already tryting to claim credit for Obama economy

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  • Republicans already tryting to claim credit for Obama economy

    Wow, just wow. Have you ever seen such a pile of bull crap? Actually I have but this ranks right up there with the biggest crocks of shit ever.

    According to McConnell, the mere thought of a GOP-controlled congress months before an election is enough to boost the economy.

    http://thinkprogress.org/economy/201...p-republicans/

    The 114th Congress was just sworn in on Tuesday, but by Wednesday Senate Majority Leader Mitch McConnell (R-KY) gave it credit for last year’s positive economic data.
    In a speech announcing the new Senate, which is now controlled by Republicans, he said, “After so many years of sluggish growth, we’re finally starting to see some economic data that can provide a glimmer of hope; the uptick appears to coincide with the biggest political change of the Obama Administration’s long tenure in Washington: the expectation of a new Republican Congress.”
    There have been positive signs in the economy lately. The most recent GDP report showed 5 percent growth in the third quarter of last year and 4.6 percent growth in the second. That 5 percent growth rate was the fastest the economy had experienced since 2003. But it measured growth in July, August, and September, before the midterm elections in November that flipped the Senate to Republican control.

    Meanwhile, GDP was boosted by something that may not be high on McConnell’s list of economic stimulus ideas: increased government spending. Federal spending rose 9.9 percent in the third quarter, one of the primary contributions to the increase in economic growth.
    Jobs numbers have also been positive, with the unemployment rate falling to 5.8 percent at the end of last year. But that’s been a steady trend all year long: unemployment fell 1.2 percentage points over 2014 while there were an average of 224,000 jobs added a month.

  • #2
    According to you, the Republicans have thwarted everything that Obama has tried to do. And despite their thwarting everything Obama proposed, the economy has improved. Maybe it is because Obama's proposals have not been accepted, the economy improved anyway. From what I see, Obama has done everything he could do hurt business from Obamacare to EPA regulations.

    מה מכילות החדשות?


    • #3
      Well, the recession did begin shortly after the Democrats took over in 2007, and ended shortly after the GOP regained control in 2011.

      מה מכילות החדשות?


      • #4
        Yeah, Obama has been really good for the economy.

        Obama rules cost $181.5B in 2014: report


        http://www.washingtontimes.com/news/...b-2014-report/
        Obama Will Veto Legislation Restoring The 40-Hour Work Week

        http://townhall.com/tipsheet/katiepa...-week-n1939704
        Last edited by OldmanDan; 01-08-2015, 05:57 AM.

        מה מכילות החדשות?


        • #5
          Originally posted by OldmanDan View Post
          According to you, the Republicans have thwarted everything that Obama has tried to do. And despite their thwarting everything Obama proposed, the economy has improved. Maybe it is because Obama's proposals have not been accepted, the economy improved anyway. From what I see, Obama has done everything he could do hurt business from Obamacare to EPA regulations.
          Indeed Obama has.

          Originally posted by OldmanDan View Post
          Obama rules cost $181.5B in 2014: report

          http://www.washingtontimes.com/news/...b-2014-report/
          Well, there ya go.

          Clearly those the statists, have no idea that government is the overhead for running a society, and the more you grow overhead, the more is costs the host organization, in this case, the private sector and the electorate. No, the goal needs to be to shrink the cost of government, and maintain the level of needed services.

          You can't tell me for one second that there isn't boat loads of fat, waste, lack of spending controls and oversight in the government that it can't deliver more effectively and more efficiently at a lower overall cost.

          מה מכילות החדשות?


          • #6
            Pretty vague answers about "big government" guys. All this while the economy is growing at the fastest rate this century and 11milkion jobs were just created.

            No, the GOP didn't thwart everything. You got the ACA, tax increases on the rich, Detroit bailed out, etc. Obama's impact has been huge.

            מה מכילות החדשות?


            • #7
              Well, let the repubs own the 22 percent actual jobless rate too. Let them own the working poor jobs being created. When job growth pays enough to survive on without food stamps, I will pay attention. The hollowing out of our middle class is continuing. So if the repubs want credit for reality let em have it.

              מה מכילות החדשות?


              • #8
                Originally posted by Danny View Post
                Pretty vague answers about "big government" guys. All this while the economy is growing at the fastest rate this century and 11milkion jobs were just created.

                No, the GOP didn't thwart everything. You got the ACA, tax increases on the rich, Detroit bailed out, etc. Obama's impact has been huge.

                I have no idea where you are getting that information. There are more people out of work today than there have ever been.

                מה מכילות החדשות?


                • #9
                  Originally posted by Danny View Post
                  Pretty vague answers about &quot;big government&quot; guys. All this while the economy is growing at the fastest rate this century and 11milkion jobs were just created.
                  11 millions jobs were created...where?

                  מה מכילות החדשות?


                  • #10
                    Originally posted by Blue Doggy View Post
                    Well, let the repubs own the 22 percent actual jobless rate too. Let them own the working poor jobs being created. When job growth pays enough to survive on without food stamps, I will pay attention. The hollowing out of our middle class is continuing. So if the repubs want credit for reality let em have it.
                    I'm in a maddening situation myself where I have recently earned $35.00 to $100.00 an hour on shor term small contracts but I can't find full time employment or even get a part time job to fill in the empty spots in a contractors life
                    (I have no porblem making $8hr at the dump or a fastfood place 10-30hrs a week). 16 years ago I had recruiters pestering me constantly to get me a job even when I myself wasn't looking even in a field where I only minimal qualifications. Now unless you are. 99% macth you don't even get a screening interview, never mind hiring quotas that do exsist (I know places that haven't been allowed to fill a job for 6 months or longer becasue there haven't been enoug applicants of certain ehtnicities or sex according to corporate policy ). The mythical job growth baffles me.

                    מה מכילות החדשות?


                    • #11
                      Well, actually, McConnell didn't do anything of the sort. He gave credit to the anticipation of a Republican majority, and did not give credit to the republicans... Basically he said the markets were responding positively to the news that the democrats were being run out of town.

                      מה מכילות החדשות?


                      • #12
                        Originally posted by OldmanDan View Post


                        I have no idea where you are getting that information. There are more people out of work today than there have ever been.
                        How can you not be aware of the official employment numbers? Well I suppose if you watch FOX news, you've never seen this chart. In before the "they are not real jobs" debunked argument.

                        מה מכילות החדשות?


                        • #13
                          Oh and there's this. In before the "but some people lost their plans" debunked argument.


                          מה מכילות החדשות?


                          • #14
                            Oh and don't forget the deficit (halved). In before the "but Pelosi was in charge during the Bush years" debunked argument.

                            מה מכילות החדשות?


                            • #15
                              Originally posted by Danny View Post

                              How can you not be aware of the official employment numbers? Well I suppose if you watch FOX news, you've never seen this chart. In before the &quot;they are not real jobs&quot; debunked argument.

                              That's still 100,000 to 200,000 jobs a month lower then what we need to make up for job loses and account for population growth.

                              מה מכילות החדשות?

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