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(AEI Ideas)   Let's take a wee look back at the Obama Administration economic predictions with and without the Stimulus. 5.3% unemployment? That would be absolutely Bush league   (aei-ideas.org) divider line 23
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2451 clicks; posted to Politics » on 06 Jul 2012 at 12:09 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-07-06 12:17:25 PM  
4 votes:

Arkanaut: SkinnyHead: Looks like the economy would have recovered much better if Obama had just done nothing.

What exactly are you looking at?


If the past is any indication, his anus.
2012-07-06 12:41:48 PM  
3 votes:
I am outraged that President is unable to perform the duties delegated to the legislative branch.

STUPID LIBERAL CONSTITUTION!
2012-07-06 10:40:57 AM  
3 votes:
Let's take a look at who we could have had as our President and VP instead.

Yeesh. Yeah. Obama and Biden still look great.
2012-07-06 10:33:43 AM  
3 votes:
I wholeheartedly support Republicans taking up the banner of George W Bush's economic record.
2012-07-06 12:53:01 PM  
2 votes:
It's tough to make predictions, especially about the future. -- Yogi Berra.
2012-07-06 12:48:18 PM  
2 votes:
Republicans are upset that we are not following the Bush model for of lowering unemployment by letting 3,000 citizens get murdered in NYC by terrorists.
2012-07-06 12:38:21 PM  
2 votes:
When all your predictions turn out to be wrong, people should stop listening to your predictions. Democrats just can't accept the blame for their failures.

They're the guy who when asked "what his biggest flaw is" responds with how they're just too darn awesome.
2012-07-06 12:35:52 PM  
2 votes:
man, if only Obama could be like Bush and allow the largest terrorist attack on american soil to take place on his watch... then invaded a country that had nothing to do with it spending trillions of dollars WHILST cutting taxes.

history's greatest monster...
2012-07-06 10:39:17 AM  
2 votes:
The American Enterprise Institute is not "Some Guy", Submitter.
2012-07-06 02:18:49 PM  
1 votes:

trey101: Chummer45: trey101: SacriliciousBeerSwiller: BillCo: It's too bad our great leader spent 1.5 years cramming a bloated welfare plan down the throats of the American people when he should have been focused on jobs and the economy.

And yet, you'll be the first to attack him for saving the American auto industry.

F*ck you.

Yep, he sure saved it alright... with TAXPAYERS money.... have you even glanced at GM stock recently? The US Treasury owns around 30% of that crap. It opened at 34.26, rose to as much as 38 and is sitting at 20.22 as of 12:45pm July 6... according to CNN the stock needs to reach 51 before taxpayers break even.

So... who saved the Auto industry? Taxpayers, not Obama... he just had the Treasury write the check.

And he gave how much to Chrysler who then turned around and sold a huge chunk to Fiat, who just the other day increased their share of Chrysler to 61.8% ownership. http://online.wsj.com/article/BT-CO-20120703-705610.html

Is that how you save the US auto industry? By giving much of Chrysler to Fiat for pennies on the dollar?

http://money.cnn.com/2012/02/14/news/economy/romney_gm/index.htm


What should he have done differently, and how would it have improved the economy?

You come into the conversation with questions? Not a single statement meant to illicit a thoughtful response, just a simple question that would be on a History test for the 6th grade and is completely irrelevant and subject to many interpretations. Sounds much like a question that they ask a Miss America contestant, loaded, no true answer only opinions.

So you have nothing to offer?



That's a pretty solid troll, and pretty much sums up the GOP way of handling any serious question asking for solvency to their argument. I applaud you.
2012-07-06 01:45:22 PM  
1 votes:

I_C_Weener: Must be Bush' fault.


If you understand, then why are you so upset?
2012-07-06 01:31:19 PM  
1 votes:

I_C_Weener: theknuckler_33: dosboot: The U-6 unemployment rate is now up to 14.9%

Love it! It was 16.2% a year ago.

Heh.

I did see that 85,000 went on disability last month. That seems high doesn't it? Lot of disabled people who just happen to have reached the end of their unemployment benefits....coincidence?

http://news.investors.com/article/617233/201207060945/disability-clim b s-faster-than-jobs-under-obama.htm


It couldn't be that people like my father, who are approaching retirement and are injured aren't deciding to go on Disability to float until they can get Medicare? Naw, it's Obscene OFart Oboner right?
2012-07-06 01:07:42 PM  
1 votes:

dosboot: The economy created just 80,000 jobs in June, the Bureau of Labor Statistics reported Friday. But that same month, 85,000 workers left the workforce entirely to enroll in the Social Security Disability Insurance program, according to the Social Security Administration

The U-6 unemployment rate is now up to 14.9%

780,000 more women unemployed today than when Obama took office

Give President Peace Prize (Libya, Somalia, Yemen, Pakistan, Afghanistan, Iraq, The "Kill List" etc.) a Nobel Prize in Economics


It's almost as if an entire political party has brought all its might (including a 24hr media empire) to bear on not only making Obama a one term president (and, in fact, admitting that's their primary goal, not the economy) but also have been purposely trying to wreck the economy toward that end.

No, that's crazy talk...no political body could be so evil as to wish America fails just so the other side doesn't hang on to the White House. Why, those folks would be so evil, they'd spend most of their time trying to limit civil rights and waging a war on the female gender while simultaneously trying to force religion (THEIR religion only) into Government. Nobody is that evil. That's Disney villain bad. That's Doctor Doom level bad. No political party could become so corrupt as to honestly wish harm on millions of Americans...could they?
2012-07-06 12:40:05 PM  
1 votes:

Arkanaut: SkinnyHead: Looks like the economy would have recovered much better if Obama had just done nothing.

What exactly are you looking at?


probably some undigested fortune cookie residue next to his colon polyps
2012-07-06 12:29:43 PM  
1 votes:
Too bad about McCain Palin losing. We'd have boots on the ground in Libya looking for Qaddafi, operation Georgian Freedom, a large troop buildup on the Iran border and Osama would still be alive.

A mandatory draft would be required for our military operations freeing up a large number of jobs domestically. Unemployment would be near an all time low.
2012-07-06 12:28:56 PM  
1 votes:

Rashnu: We need to subsidize and spur R&D and investment towards developing the quantum computing power necessary to simulate alternate timelines and definitively and conclusively prove that Obama made the wrong decisions at every point in his presidency.


You don't need a super computer to prove that. The proof of the pudding is in the eating.
2012-07-06 12:27:16 PM  
1 votes:
I blame Obama for not signing the job creating legislation that reached his desk in the last 18 months.
2012-07-06 12:25:37 PM  
1 votes:

Wicked Chinchilla: SkinnyHead: FlashHarry: SkinnyHead: Looks like the economy would have recovered much better if Obama had just done nothing. He really messed things up.

wow, that's just farking stupid - even for you, SH. most economists think that unemployment would've peaked at between 11 and 16 percent had we not passed the ARRA.

the only "do nothing" thing that might've worked would be to let the bush tax cuts expire - all of them. but that would've effectively raised taxes on the middle class during a tenuous recovery, and that wasn't an option. now we are in recovery, keynesian theory (which, unlike supply-side theory, has actually worked in the past) dictates we start paying this shiat back, which means letting them expire now.

But look at what Obama promised. Obama's graph warned that unemployment would go up to 9% if he didn't get his stimulus plan. He promised that spending $800 billion on stimulus would hold unemployment under 8%. That didn't happen. By his own prediction, the stimulus plan made things worse. We would be under 6% right now if it wasn't for Obama failed stimulus plan.

Yes. That is precisely what can be inferred from that prediction. Its not at all being disingenuous. In no way are you being a complete jackass.


How is repeating what this President promised being a Jackass? Why are you so angry?
2012-07-06 12:24:59 PM  
1 votes:

SkinnyHead: FlashHarry: SkinnyHead: Looks like the economy would have recovered much better if Obama had just done nothing. He really messed things up.

wow, that's just farking stupid - even for you, SH. most economists think that unemployment would've peaked at between 11 and 16 percent had we not passed the ARRA.

the only "do nothing" thing that might've worked would be to let the bush tax cuts expire - all of them. but that would've effectively raised taxes on the middle class during a tenuous recovery, and that wasn't an option. now we are in recovery, keynesian theory (which, unlike supply-side theory, has actually worked in the past) dictates we start paying this shiat back, which means letting them expire now.

But look at what Obama promised. Obama's graph warned that unemployment would go up to 9% if he didn't get his stimulus plan. He promised that spending $800 billion on stimulus would hold unemployment under 8%. That didn't happen. By his own prediction, the stimulus plan made things worse. We would be under 6% right now if it wasn't for Obama failed stimulus plan.


SkinnyHead: FlashHarry: SkinnyHead: Looks like the economy would have recovered much better if Obama had just done nothing. He really messed things up.

wow, that's just farking stupid - even for you, SH. most economists think that unemployment would've peaked at between 11 and 16 percent had we not passed the ARRA.

the only "do nothing" thing that might've worked would be to let the bush tax cuts expire - all of them. but that would've effectively raised taxes on the middle class during a tenuous recovery, and that wasn't an option. now we are in recovery, keynesian theory (which, unlike supply-side theory, has actually worked in the past) dictates we start paying this shiat back, which means letting them expire now.

But look at what Obama promised. Obama's graph warned that unemployment would go up to 9% if he didn't get his stimulus plan. He promised that spending $800 billion on stimulus would hold unemployment under 8%. That didn't happen. By his own prediction, the stimulus plan made things worse. We would be under 6% right now if it wasn't for Obama failed stimulus plan.


img209.imageshack.us
2012-07-06 12:18:28 PM  
1 votes:

FlashHarry: SkinnyHead: Looks like the economy would have recovered much better if Obama had just done nothing. He really messed things up.

wow, that's just farking stupid - even for you, SH. most economists think that unemployment would've peaked at between 11 and 16 percent had we not passed the ARRA.

the only "do nothing" thing that might've worked would be to let the bush tax cuts expire - all of them. but that would've effectively raised taxes on the middle class during a tenuous recovery, and that wasn't an option. now we are in recovery, keynesian theory (which, unlike supply-side theory, has actually worked in the past) dictates we start paying this shiat back, which means letting them expire now.


But look at what Obama promised. Obama's graph warned that unemployment would go up to 9% if he didn't get his stimulus plan. He promised that spending $800 billion on stimulus would hold unemployment under 8%. That didn't happen. By his own prediction, the stimulus plan made things worse. We would be under 6% right now if it wasn't for Obama failed stimulus plan.
2012-07-06 12:17:54 PM  
1 votes:

Arkanaut: SkinnyHead: Looks like the economy would have recovered much better if Obama had just done nothing.

What exactly are you looking at?


Knowing Skinnyhead? The lining of his own colon.
2012-07-06 11:21:41 AM  
1 votes:
Looks like the economy would have recovered much better if Obama had just done nothing. He really messed things up.
2012-07-06 10:59:04 AM  
1 votes:
I was thinking 15-20% and deflation without the stimulus. Of course, I probably underestimated the motivation that would have been provided to 30 million American workers feeding their families with bark scraped from trees. We aren't French, after all. Instead of rioting, we probably would have set to work and founded millions more of successful businesses, bringing a new dawn to America.
 
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