(11-13-2012 04:02 PM)Owl 69/70/75 Wrote:  

(11-13-2012 03:57 PM)Mr. Peanut Wrote:  The stimulas turned the economy around on a dime and we immediately started gaining jobs after hemoraging 700,000 per month at the end of Dubya's tenure to go along with an GDP shrinking at a rate of almost 9%

No, no, no.

We've been being told for years that employment is a "lagging indicator." If that's right, then the economy turned around before Obama took office. What the "stimulus" did do, if you look on one of Max's ubiquitous graphs, is to create a little flurry around the 4Q 09/1Q 10. That's about the right delay time for the effect. It didn't last because the "stimulus" wasn't about creating lasting growth. Even its supporters admit that it was just to bridge the gap until the economy started coming back on its own. One small problem, this economy ain't coming back until we address the underlying problems. And that ain't happening any time soon.

So give credit for the recovery and oil production to Bush but don't dare blame him for the actual job he did

(11-13-2012 03:59 PM)UCF08 Wrote:  Owl, I haven't seen much of anything that would support your claims concerning the stimulus. The harshest criticisms I've ever seen levied against it were that it wasn't effective, which is a far from causing more economic problems.

He's clueless.

What would happen if we removed those hundreds of billions from the economy?

Exactly...a depression.

Case closed.

:pwnt:

(11-13-2012 04:03 PM)Redwingtom Wrote:  

(11-13-2012 03:55 PM)Owl 69/70/75 Wrote:  

(11-13-2012 03:46 PM)Mr. Peanut Wrote:  His results however have been more oil production than was even dreamed possible 5 years ago and we will be the worlds # 1 producer by 2020 per todays WSJ

No it is not more oil production than was deemed possible 5 years ago, except by the left who said more drilling would have no significant impact. The people saying "drill, baby, drill" were the ones who expected this result. And this result is attributable to Bush, not Obama. Remember it was the left who said it would take "10 years" for driling to produce anything.

Once again, you are ignoring reality and trying to re-write history. The argument back then was not that increased drilling alone would not produce anything, but that it would not reduce the price per gallon by any significant amount...and it is not.

And it won't. But the left used that argument to support the claim that there was no point to increased drilling, and that totally ignored the non-price benefits.

The part you are ignoring was the argument that if it didn't lower price it wasn't worth doing. And the argument I was making then was that even if it didn't lower prices, it was worth doing on several fronts.

The claim about the stimulus stunting the economic return.

OK, guys. you won the election. Now make something work. And I'll give you a hint, if the economy craters in the next four years, it didn't work.

If Obama can make the economy come back with his approach, then he is right and I am wrong. But it's not going to happen, particularly not if he gets his way on future legislation. If he somehow got his 28% tax on worldwide corporate earnings, that would be the absolute end of any US economy. Period.

(11-13-2012 04:08 PM)Owl 69/70/75 Wrote:  OK, guys. you won the election. Now make something work. And I'll give you a hint, if the economy craters in the next four years, it didn't work.

If Obama can make the economy come back with his approach, then he is right and I am wrong. But it's not going to happen, particularly not if he gets his way on future legislation. If he somehow got his 28% tax on worldwide corporate earnings, that would be the absolute end of any US economy. Period.

Along that line I just called both my Republican Senators and GOP Conressman to encourage working to move America forward through leadership and compromise.

(11-13-2012 04:08 PM)Owl 69/70/75 Wrote:  OK, guys. you won the election. Now make something work. And I'll give you a hint, if the economy craters in the next four years, it didn't work.

If Obama can make the economy come back with his approach, then he is right and I am wrong. But it's not going to happen, particularly not if he gets his way on future legislation. If he somehow got his 28% tax on worldwide corporate earnings, that would be the absolute end of any US economy. Period.

I'm somewhat hopeful of a good compromise coming out of this election. Not assured, of course, but I think the chance for a compromise that will lead to real results is higher with this election outcome than the other way around.

(11-13-2012 04:31 PM)UCF08 Wrote:  

(11-13-2012 04:08 PM)Owl 69/70/75 Wrote:  OK, guys. you won the election. Now make something work. And I'll give you a hint, if the economy craters in the next four years, it didn't work.

If Obama can make the economy come back with his approach, then he is right and I am wrong. But it's not going to happen, particularly not if he gets his way on future legislation. If he somehow got his 28% tax on worldwide corporate earnings, that would be the absolute end of any US economy. Period.

I'm somewhat hopeful of a good compromise coming out of this election. Not assured, of course, but I think the chance for a compromise that will lead to real results is higher with this election outcome than the other way around.

It's our only hope this side of devine intervention

Well, Obama won so that means God has abandoned the US. If Romney had won, it would have been a sign of god mandating his win, of course.

(11-13-2012 02:43 PM)SuperFlyBCat Wrote:  Suburban Republican homeowners doing their part. Don't see many urban liberals, and welfare folks buying home improvement goods.

Well this urban American has spent waaaaaaay too much at Home Depot and Lowes the past month. Some of us like to not live in the soulless suburbs and we also like to build our own ****.

(11-13-2012 04:08 PM)Owl 69/70/75 Wrote:  OK, guys. you won the election. Now make something work. And I'll give you a hint, if the economy craters in the next four years, it didn't work.

If Obama can make the economy come back with his approach, then he is right and I am wrong. But it's not going to happen, particularly not if he gets his way on future legislation. If he somehow got his 28% tax on worldwide corporate earnings, that would be the absolute end of any US economy. Period.

Okay dad...I'll get right on that.

(11-13-2012 04:35 PM)UCF08 Wrote:  Well, Obama won so that means God has abandoned the US. If Romney had won, it would have been a sign of god mandating his win, of course.

If it was "God's will" for either of those ******** to win, it's a surefire sign that God hates America. I would have found a plague of locusts highly preferable to either.

(11-13-2012 04:46 PM)BlazerFan11 Wrote:  

(11-13-2012 04:35 PM)UCF08 Wrote:  Well, Obama won so that means God has abandoned the US. If Romney had won, it would have been a sign of god mandating his win, of course.

If it was "God's will" for either of those ******** to win, it's a surefire sign that God hates America. I would have found a plague of locusts highly preferable to either.

If it had been a plague of locusts, then it would have clear that God didn't want the Mormon to win.

Miracle of the Gulls

(11-13-2012 03:51 PM)Ninerfan1 Wrote:  

(11-13-2012 03:46 PM)Mr. Peanut Wrote:  His results however have been more oil production than was even dreamed possible 5 years ago and we will be the worlds # 1 producer by 2020 per todays WSJ

Those aren't his results bub. Leases are down on federal lands, up on private and state owned lands. That's where the boom is coming, not from anything Obama did. And production is up because of decisions that were made before Obama ever got into office.

Up on private, down on federal - is that not what the right wing wants? So Obama has been encouraging private enterprise and now you are complaining that the feds should be doing it.

(11-13-2012 02:43 PM)SuperFlyBCat Wrote:  Suburban Republican homeowners doing their part. Don't see many urban liberals, and welfare folks buying home improvement goods.

I think Home depot was a separate thread, but the home depot in DC is always packed.

(11-13-2012 04:54 PM)UCF08 Wrote:  

(11-13-2012 04:46 PM)BlazerFan11 Wrote:  

(11-13-2012 04:35 PM)UCF08 Wrote:  Well, Obama won so that means God has abandoned the US. If Romney had won, it would have been a sign of god mandating his win, of course.

If it was "God's will" for either of those ******** to win, it's a surefire sign that God hates America. I would have found a plague of locusts highly preferable to either.

If it had been a plague of locusts, then it would have clear that God didn't want the Mormon to win.

Miracle of the Gulls

He already ruined the GOP Convention with a hurricane & Clint Eastwood

(11-13-2012 04:54 PM)UCF08 Wrote:  

(11-13-2012 04:46 PM)BlazerFan11 Wrote:  

(11-13-2012 04:35 PM)UCF08 Wrote:  Well, Obama won so that means God has abandoned the US. If Romney had won, it would have been a sign of god mandating his win, of course.

If it was "God's will" for either of those ******** to win, it's a surefire sign that God hates America. I would have found a plague of locusts highly preferable to either.

If it had been a plague of locusts, then it would have clear that God didn't want the Mormon to win.

Miracle of the Gulls

Or that the A Flock of Seagulls comeback tour is long overdue.

(11-13-2012 05:03 PM)dcCid Wrote:  Up on private, down on federal - is that not what the right wing wants? So Obama has been encouraging private enterprise and now you are complaining that the feds should be doing it.

I don't think anyone is complaining, merely pointing out that "Obama didn't drill that. Somebody else made that happen."

(11-13-2012 04:08 PM)Owl 69/70/75 Wrote:  OK, guys. you won the election. Now make something work. And I'll give you a hint, if the economy craters in the next four years, it didn't work.

If Obama can make the economy come back with his approach, then he is right and I am wrong. But it's not going to happen, particularly not if he gets his way on future legislation. If he somehow got his 28% tax on worldwide corporate earnings, that would be the absolute end of any US economy. Period.

Wall street rebounded, housing market is showing signs of rebounding, auto industry rebounded, one war ended, another ending, taxes cuts for the middle & lower classes continued, drug war is slowly ending, Osama's been taken out, immigration reform on the horizon, civil rights improvements (gay marriage, gays in military), job market improving, education finance reform, more people have access to healthcare.

Now if only he could make something work.

(11-13-2012 05:09 PM)HuskieFan84 Wrote:  

(11-13-2012 04:08 PM)Owl 69/70/75 Wrote:  OK, guys. you won the election. Now make something work. And I'll give you a hint, if the economy craters in the next four years, it didn't work.

If Obama can make the economy come back with his approach, then he is right and I am wrong. But it's not going to happen, particularly not if he gets his way on future legislation. If he somehow got his 28% tax on worldwide corporate earnings, that would be the absolute end of any US economy. Period.

Wall street rebounded, housing market is showing signs of rebounding, auto industry rebounded, one war ended, another ending, taxes cuts for the middle & lower classes continued, drug war is slowly ending, Osama's been taken out, immigration reform on the horizon, civil rights improvements (gay marriage, gays in military), job market improving, education finance reform, more people have access to healthcare.

Now if only he could make something work.

You are hopelessly out of touch with reality.

Don't forget "successfully cross-bred unicorns and mermaids."

SHHH! Don't want to end up like Petraeus