Fort Bend Owl
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14 (positive) facts about the Obama Presidency
http://jeff61b.hubpages.com/hub/14-Facts...-Dont-Know
63 straight months of economic expansion, unemployment has shrunk from about 10.1 percent to about 5.9 percent since 2009, and the federal budget deficit has shrunk by 2/3rds since 2009 are just some of the facts. All are supported by evidence.
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10-26-2014 04:33 PM |
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THE NC Herd Fan
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RE: 14 (positive) facts about the Obama Presidency
democrats just remember, It's not a lie if you believe it. IF this were all true democrats would retake the house in another week and regain the super majority in the senate, they're only 5 seats away from that.
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10-26-2014 04:40 PM |
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maximus
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Re: RE: 14 (positive) facts about the Obama Presidency
(10-26-2014 04:33 PM)Fort Bend Owl Wrote: http://jeff61b.hubpages.com/hub/14-Facts...-Dont-Know
63 straight months of economic expansion, unemployment has shrunk from about 10.1 percent to about 5.9 percent since 2009, and the federal budget deficit has shrunk by 2/3rds since 2009 are just some of the facts. All are supported by evidence.
Slowest most expensive "recovery" ever.
It's like saying the Japanese civil defense took until 1948 to bury everyone and 1953 to clear debris and start rebuilding.
When you start from nuked you have no where to go but up.
Speed and quality of recovery is far more important than simply saying we are making progress.
The amount of money that has been printed, spent, and wasted is astronomical and will eventually come back to haunt us.
I actually think whoever happens to win in 2016 is going to get hosed with a situation that parallels 08 or worse.
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10-26-2014 07:42 PM |
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Owl 69/70/75
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RE: 14 (positive) facts about the Obama Presidency
(10-26-2014 04:33 PM)Fort Bend Owl Wrote: the federal budget deficit has shrunk by 2/3rds since 2009
Actually, that's not a fact, and it's not supported by the evidence.
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10-26-2014 09:08 PM |
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Fort Bend Owl
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RE: 14 (positive) facts about the Obama Presidency
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10-26-2014 09:40 PM |
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Owl 69/70/75
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RE: 14 (positive) facts about the Obama Presidency
(10-26-2014 09:40 PM)Fort Bend Owl Wrote: Well I'm sure the links can be debated but they used this source for the deficit statement (from $1,413 trillion in 2009 to $483 billion in 2014).
http://www.usgovernmentspending.com/fede...chart.html
Yes, but if you read the history you will realize that's not the appropriate starting number for Obama to use. That's the number AFTER he got through inflating the budget by adding a bunch of expenditures that Bush disapproved. If you start with the Bush budget, Obama is back to about break even or slightly less now. But he still went through 6 years with far greater deficits than Bush. And in fact, the current $483 billion is just getting into the range of the largest Bush deficit ever.
And about a trillion of that $1,413 billion was supposedly one-time spending to combat the recession, but somehow it all managed to hang around for several years. Anybody can bloat a budget and then brag about cutting it later.
What I've likened this claim to is a store that has an item priced at $5, marking it up to $10 and then putting it on sale for $7, and crowing about how they are saving you 30%.
(This post was last modified: 10-26-2014 10:47 PM by Owl 69/70/75.)
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10-26-2014 10:45 PM |
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Fo Shizzle
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RE: 14 (positive) facts about the Obama Presidency
(10-26-2014 09:08 PM)Owl 69/70/75 Wrote: (10-26-2014 04:33 PM)Fort Bend Owl Wrote: the federal budget deficit has shrunk by 2/3rds since 2009
Actually, that's not a fact, and it's not supported by the evidence.
It is flat out lie.
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10-27-2014 05:44 AM |
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Fo Shizzle
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RE: 14 (positive) facts about the Obama Presidency
(10-26-2014 07:42 PM)maximus Wrote: (10-26-2014 04:33 PM)Fort Bend Owl Wrote: http://jeff61b.hubpages.com/hub/14-Facts...-Dont-Know
63 straight months of economic expansion, unemployment has shrunk from about 10.1 percent to about 5.9 percent since 2009, and the federal budget deficit has shrunk by 2/3rds since 2009 are just some of the facts. All are supported by evidence.
Slowest most expensive "recovery" ever.
It's like saying the Japanese civil defense took until 1948 to bury everyone and 1953 to clear debris and start rebuilding.
When you start from nuked you have no where to go but up.
Speed and quality of recovery is far more important than simply saying we are making progress.
The amount of money that has been printed, spent, and wasted is astronomical and will eventually come back to haunt us.
I actually think whoever happens to win in 2016 is going to get hosed with a situation that parallels 08 or worse.
This administration has created a bubble so large that when it bursts? It is going to be a damn mess.
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10-27-2014 05:46 AM |
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CardFan1
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RE: 14 (positive) facts about the Obama Presidency
Positives ? 2 years, 2.5 months left !
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10-27-2014 06:32 AM |
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Owl 69/70/75
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RE: 14 (positive) facts about the Obama Presidency
(10-27-2014 05:46 AM)Fo Shizzle Wrote: (10-26-2014 07:42 PM)maximus Wrote: (10-26-2014 04:33 PM)Fort Bend Owl Wrote: http://jeff61b.hubpages.com/hub/14-Facts...-Dont-Know
63 straight months of economic expansion, unemployment has shrunk from about 10.1 percent to about 5.9 percent since 2009, and the federal budget deficit has shrunk by 2/3rds since 2009 are just some of the facts. All are supported by evidence.
Slowest most expensive "recovery" ever.
It's like saying the Japanese civil defense took until 1948 to bury everyone and 1953 to clear debris and start rebuilding.
When you start from nuked you have no where to go but up.
Speed and quality of recovery is far more important than simply saying we are making progress.
The amount of money that has been printed, spent, and wasted is astronomical and will eventually come back to haunt us.
I actually think whoever happens to win in 2016 is going to get hosed with a situation that parallels 08 or worse.
This administration has created a bubble so large that when it bursts? It is going to be a damn mess.
In a retail/service economy, all you can do is create bubbles. You can't have real economic growth without production. We have real economic growth in the energy sector, thanks to fracking. Nowhere else.
I agree that whoever wins in 2016 could be in for a rude shock. If we last that long.
On the current course, we are going to have a series of bubble-and-pop expansions and contractions. That's all we can do until we address the competitiveness issues. And if we're not going to address competitiveness by paying starvation wages or putting up with dirty air and water and unsafe workplaces--none of which I favor--then we're going to have to do it with productivity and taxes. There's nowhere else to go.
(This post was last modified: 10-27-2014 07:01 AM by Owl 69/70/75.)
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10-27-2014 06:37 AM |
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Fort Bend Owl
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RE: 14 (positive) facts about the Obama Presidency
That's fair. I knew the stats in the original story were skewed. Both sides are always going to have spin doctors messing with the numbers to present their side of the story.
(10-26-2014 10:45 PM)Owl 69/70/75 Wrote: (10-26-2014 09:40 PM)Fort Bend Owl Wrote: Well I'm sure the links can be debated but they used this source for the deficit statement (from $1,413 trillion in 2009 to $483 billion in 2014).
http://www.usgovernmentspending.com/fede...chart.html
Yes, but if you read the history you will realize that's not the appropriate starting number for Obama to use. That's the number AFTER he got through inflating the budget by adding a bunch of expenditures that Bush disapproved. If you start with the Bush budget, Obama is back to about break even or slightly less now. But he still went through 6 years with far greater deficits than Bush. And in fact, the current $483 billion is just getting into the range of the largest Bush deficit ever.
And about a trillion of that $1,413 billion was supposedly one-time spending to combat the recession, but somehow it all managed to hang around for several years. Anybody can bloat a budget and then brag about cutting it later.
What I've likened this claim to is a store that has an item priced at $5, marking it up to $10 and then putting it on sale for $7, and crowing about how they are saving you 30%.
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10-27-2014 06:57 AM |
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Lord Stanley
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RE: 14 (positive) facts about the Obama Presidency
#15 - elimination of racism
#16 - sea levels have stopped rising
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10-27-2014 10:07 AM |
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CardFan1
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RE: 14 (positive) facts about the Obama Presidency
(10-27-2014 10:07 AM)Lord Stanley Wrote: #15 - elimination of racism
#16 - sea levels have stopped rising
#17 changed Clinton's meaning of "What the definition of IS IS" to ISIS.
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10-27-2014 10:14 AM |
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BobL
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RE: 14 (positive) facts about the Obama Presidency
(10-26-2014 10:45 PM)Owl 69/70/75 Wrote: (10-26-2014 09:40 PM)Fort Bend Owl Wrote: Well I'm sure the links can be debated but they used this source for the deficit statement (from $1,413 trillion in 2009 to $483 billion in 2014).
http://www.usgovernmentspending.com/fede...chart.html
Yes, but if you read the history you will realize that's not the appropriate starting number for Obama to use. That's the number AFTER he got through inflating the budget by adding a bunch of expenditures that Bush disapproved. If you start with the Bush budget, Obama is back to about break even or slightly less now. But he still went through 6 years with far greater deficits than Bush. And in fact, the current $483 billion is just getting into the range of the largest Bush deficit ever.
And about a trillion of that $1,413 billion was supposedly one-time spending to combat the recession, but somehow it all managed to hang around for several years. Anybody can bloat a budget and then brag about cutting it later.
What I've likened this claim to is a store that has an item priced at $5, marking it up to $10 and then putting it on sale for $7, and crowing about how they are saving you 30%.
From CATO: Note this comparison assigns the 2009 Budget to Obama and does not include Bush's TARP
Spending growth in Bush’s first seven years: 8%, 7%, 6%, 8%, 7%, 3%, 9%.
Spending growth in Obama’s six years: 13%, 6%, 2%, -3%, 5%, 2%.
http://www.cato.org/blog/obamas-budget-s...-was-worse
(This post was last modified: 10-27-2014 10:22 AM by BobL.)
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10-27-2014 10:21 AM |
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I45owl
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RE: 14 (positive) facts about the Obama Presidency
(10-26-2014 04:33 PM)Fort Bend Owl Wrote: http://jeff61b.hubpages.com/hub/14-Facts...-Dont-Know
63 straight months of economic expansion, unemployment has shrunk from about 10.1 percent to about 5.9 percent since 2009, and the federal budget deficit has shrunk by 2/3rds since 2009 are just some of the facts. All are supported by evidence.
I'd say all are framed by polemics with enough substance that they could not have been created by the administration (i.e they are not necessarily outright lies), but are disingenuous on the whole.
I'd suggest fact number #18 is that during the entirety of his administration, the sun continues to rise in the morning.
"The Affordable Care Act has added years to the life of Medicare"? At least several years after the fact, we now know what its goal is...
(This post was last modified: 10-27-2014 10:29 AM by I45owl.)
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10-27-2014 10:28 AM |
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HeartOfDixie
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RE: 14 (positive) facts about the Obama Presidency
It says a lot about our country and us as a people that we can't agree on reality.
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10-27-2014 10:30 AM |
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I45owl
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RE: 14 (positive) facts about the Obama Presidency
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10-27-2014 10:34 AM |
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I45owl
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RE: 14 (positive) facts about the Obama Presidency
(10-27-2014 10:30 AM)HeartOfDixie Wrote: It says a lot about our country and us as a people that we can't agree on reality.
As I have said elsewhere, everyone is entitled to their own facts, but not to their own opinions...
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10-27-2014 10:34 AM |
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ericsrevenge76
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RE: 14 (positive) facts about the Obama Presidency
(10-27-2014 10:30 AM)HeartOfDixie Wrote: It says a lot about our country and us as a people that we can't agree on reality.
This
Obama has nearly TRIPLED the national debt and these people think Obama deserves credit for saving money on some imaginary projected budget sheet.
There is a bottom line to this double talk and that is the actual national debt. Not a fake projected budgeted estimate, but a REAL DOLLAR AMOUNT that we are in the red on.
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10-27-2014 10:42 AM |
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I45owl
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RE: 14 (positive) facts about the Obama Presidency
(10-27-2014 10:42 AM)ericsrevenge76 Wrote: Obama has nearly TRIPLED the national debt and these people think Obama deserves credit for saving money on some imaginary projected budget sheet.
To be fair, if nothing is done, the same will be said about every president until it isn't. The president who changes that (rather than having reality change it for him) will be the exceptional one, and one for the ages.
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10-27-2014 11:00 AM |
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