How Long Before Obama Turns the US into a Socialist Shit Hole?

[Fox Mulder]

Given how bad Bush has screwed things up it makes you wonder why this guy does not have a double digit lead by now.

What did Bush screw up (in terms of the economy)? If you look at the economic indicators, the economy was great through about 2007. The current crisis is due to the sub prime loans that liberals pushed on us, not Bush. He tried to fix social security--again liberals would not let him. Liberals took over Congress in 2006 and as I showed you above, inflation has doubled the rate since then as it was from 2000 to 2006. Its stupid liberal policies like giving mortgages to people who can't afford them and raising the MW that have screwed up the economy, not anything Bush did. He can't do anything with Democrats running Congress. Why do people not realize that the economy has been fucked up since Democrats took over Congress--do you think that's a coincidence?

 

[Fox Mulder]

This is from 2006:

The truth about the booming economy under Bush and what the Democrats won't tell you! | ItsYourTimes.com

Since 2003, when the Bush tax cuts went into effect, the economy's growth rate has been better than the average of the 1980s and 1990s.

The current economic growth rate for 2006 is 3.5%

The average economic growth rate for the 1990s under Clinton was 3.3% and this was during the irrational exuberance of the dotcom bubble.

The average economic growth rate for 1980s was 3.1%

If the Democrats take control and eliminate the Bush tax cuts and raise taxes, economists predict this will slow the growth rate for the economy.

Democrats say that the Bush tax cuts reduced federal tax revenue and they will eliminate the Bush tax cuts and increase taxes to increase federal revenue.

The truth...

For fiscal year 2006, federal revenue as a share of Gross Domestic Product was 18.4%.

The post 1962 average for federal revenue was 18.2% of Gross Domestic Product.

The federal budget deficit for 2006 was $247.7 billion. This represents 1.9% of the Gross Domestic Product which was 13.1 trillion dollars.

That is below the average for the 1970s, 1980s, and the 1990s.

The deficit as a percentage of the Gross Domestic Product for 2006 was 1.9%

The deficit as a percentage of the Gross Domestic Product for the 1990s was 2.2%

The deficit as a percentage of the Gross Domestic Product for the 1980s was 3.0%

The deficit as a percentage of the Gross Domestic Product for the 1970s was 2.1%

Economists state that Democratic tax increases will reduce federal revenue and increase the deficit as a percentage of Gross Domestic Product.

In addition, the Democrats don't want you to know that the current unemployment rate which is 4.6% is lower than the average for the 1990s which was 5.8% and lower than the average for the past 40 years at 6.0%.

The Bush economy is doing quite well. Gas Prices Have Fallen 80 Cents Nationwide Since Early August.

The Dow Set All-time Record Highs On Three Consecutive Days This Week.

Inflation remains low

Interest rates remain low

The President's pro-growth policies helped to strengthen our economy and create 6.6 million jobs in the last three years.

Real After-Tax Income Has Risen 15.0 Percent Since January 2001.

Real after-tax income per person has risen by 9 percent since January 2001.

The US homeownership rate reached a record 69.2 percent in the second quarter of 2004. The number of homeowners in the United States reached 73.4 million, the most ever. And for the first time, the majority of minority Americans owns their own homes. (***This one is actually on the Democrats***)

Yes, the Bush economy is doing quite well so don't be fooled by Democratic stories that paint a false picture.

Again--the Democrats took over Congress in 2006 and since then the economy has gone in the shitter and they have the balls to blame it on Bush--worse, they have plenty of gullible people to believe it.

Two things to look at there--inflation was low from 2000 to 2006 and has spiraled since then primarily due to the increase in MW (which of course is exactly what economist said would happen and which is a no brainer--Economics 101). High inflation is a hallmark of Democratic policy.

The other issue is the home ownership--looked good in 2006, but a lot of the new ownership was do to liberals coercing lenders to give loans to people who couldn't afford it.

 

[Chellepop]

BORING!
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[Alien Allen]

What did Bush screw up (in terms of the economy)? If you look at the economic indicators, the economy was great through about 2007. The current crisis is due to the sub prime loans that liberals pushed on us, not Bush. He tried to fix social security--again liberals would not let him. Liberals took over Congress in 2006 and as I showed you above, inflation has doubled the rate since then as it was from 2000 to 2006. Its stupid liberal policies like giving mortgages to people who can't afford them and raising the MW that have screwed up the economy, not anything Bush did. He can't do anything with Democrats running Congress. Why do people not realize that the economy has been fucked up since Democrats took over Congress--do you think that's a coincidence?

can you honestly say we are better off than 8 years ago??

maybe you are. but then you don't live in an economic cesspool like I do.

the economy has been propped up by the fed lowering interest rates. I am no economist but the little I have read they tried to micro manage things by lowering rates. they tried to prevent downturns and have led us into a recession. maybe not by the technical terms it is a recession but by all accounts it is one.

I love to bash the democrats but my view is their coming into congress had nothing to do with the downturn. It was going to happen. The same as Clinton had little to do with the upturn in the 90's

as to the housing crisis. both sides are to blame. i won't play the partisan game on that one.

social security?? you talking about privatizing it or reform? don't recall what his reform ideas were. if any. As to privatizing it? How do you propose dealing with those either ready to retire or in retirement that might have lost up to 40% of what they had?? another bailout? I am for a very limited privatization. But I would rather keep SS the way it is and make it easier to invest before tax money.

I don't expect you to agree with my thoughts here but I am not as hard core a conservative as you are.

As I have said I think if I were to class myself with anything it would be libertarian. I am sickened by the religious right taking over the reins of the republican party

 

[Alien Allen]

BORING!
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so what

find another thread

 

[Chellepop]

so what

find another thread

Grumpyyyyyy =)

 

[Maulds]

Or...the Anti-Christ :ninja

OK here we go, I have to stop this smear

snopes.com: Is Barack Obama the Anti-Christ?

 

[siasl]

You can't school ignorant people-

if you want to school people, fox, you need to be a little more even handed....don't forget transportation costs for moving all that food around....prices were on the upswing before the wage law was voted in....

just sayin....

 

[Alien Allen]

if you want to school people, fox, you need to be a little more even handed....don't forget transportation costs for moving all that food around....prices were on the upswing before the wage law was voted in....

just sayin....

things like steel prices had nothing to do with any policies.

things were headed to a disaster. we saw it early on in Michigan. Both parties let the housing problem manifest by lack of oversight and pushing for easier qualifications to get loans. I think we will rue the day we had the bailout. the pain was gonna be bad no matter what. now it will be drawn out. frankly anybody who wants to be president now is idiot or has an ego a mile wide. cause no matter what they do it will continue to get worse until it bottoms out. with Obama I wonder if his rock star charisma would get him thru to a 2nd term. seems to me that democrats are not the ones to be positive. they tend to react to the bad than to advance what is good. which was what Reagan was really good at.

 

[Fox Mulder]

can you honestly say we are better off than 8 years ago??

Irrelevant--the issue was the economy and the economy has done very well under Bush. Now he has spent way too much--I am not giving him a pass--He grew government instead of shrinking it--so yes he's made mistakes, but overall his policies have helped strenthen the economy.

I love to bash the democrats but my view is their coming into congress had nothing to do with the downturn.

Well the increase in MW certainly hurt the economy and that's a direct result of the Democrat.

as to the housing crisis. both sides are to blame. i won't play the partisan game on that one.

There may be blame to go around, but it does not rest with Bush on that one.

social security?? you talking about privatizing it or reform? don't recall what his reform ideas were. if any. As to privatizing it? How do you propose dealing with those either ready to retire or in retirement that might have lost up to 40% of what they had?? another bailout? I am for a very limited privatization. But I would rather keep SS the way it is and make it easier to invest before tax money.

This is a no brainer--the idea of privatization was to get the money out of the hands of the politicians. If they hadn't spent all the money deducted from wages, there would be plenty. Do you realize how much money the average middle class worker would have if the government put the money deducted in a safe account with even a 3 or 4 percent return? A million dollars easily. Most of the work force would retire as millionaires instead of paupers. Even with the cyclical losses in investment accounts, there would be far more mone available if we simply took it out of the fucking hands of politicians. Democrats will never go for it because they've been using it for their stupid social engineering programs for the last 40 years--its a slush fund for them. They pretend its for social security when in reality all it is (mainly) is another income tax.

I don't expect you to agree with my thoughts here but I am not as hard core a conservative as you are.

I am in no way a hard core conservative--that's laughable--GB is hard core--in fact I am liberal socially. While a liberal might classify me as a hard core conservative economically, I consider myself simply a numbers person--I understand how the economy works and why liberal policies are so disastrous--in fact, EVERYONE WOULD BE CONSERVATIVE ECONOMICALLY IF THEY TRULY UNDERSTOOD WHAT THESE STUPID SOCIAL ENGINEERING POLICIES DO TO AN ECONOMY.

 

[Alien Allen]

Mulder I thought you would find this interesting.

My wife is down in florida due to a family health crisis and just hung up talking to her. she said that they have an Obama channel on the Dish Network. They run that half hour infomercial 24/7

also she said my daughter who is away at college had somebody there help get her registered to vote. I am gonna have to find out if it was Acorn. anyway they never asked for any ID and she got the voter card in the mail a couple days ago.. go figure

 

[Fox Mulder]

Mulder I thought you would find this interesting.

My wife is down in florida due to a family health crisis and just hung up talking to her. she said that they have an Obama channel on the Dish Network. They run that half hour infomercial 24/7

also she said my daughter who is away at college had somebody there help get her registered to vote. I am gonna have to find out if it was Acorn. anyway they never asked for any ID and she got the voter card in the mail a couple days ago.. go figure

They did the same thing to my daughter at college--they know these kids are far more likely to vote for Democrats (because they are too dumb at that age to know any better) so they are trying to get them all registered. Fucking Democrats stop at nothing to gain power.

 

[Alien Allen]

did they ask her for any ID?

That seems nuts. The democrats are saying there is nothing to Acorn and what is going on but it sure seems like it would be easy to get fraudulent absentee ballot votes

 

[Minor Axis]

Fucking Democrats stop at nothing to gain power.

Hopefully there are more people willing to give him a chance to make things better in this country for the majority, not just the privileged few.

 

[Natasha]

To be fair, this thread was made before the election results even came in...and Obama won't take office for 2 months still.

 

[Fox Mulder]

Looks like he's elected and here you (Fox) are trying to rip him to pieces on day one. Hopefully there are more people willing to give him a chance to make things better in this country for the majority, not just the privileged few.

That's real coming from a political hack like you interested in only in your own welfare. I'm willing to give the guy a chance (unlike you liberals and Bush)--he'll be great for my business. However, if he follows through on raising taxes on businesses, raising the MW, and instituting universal healthcare, the economy will tank--that's an economic certainty. I am hoping he only promised that stuff to get votes and won't actually follow through on it--he seems smart enough to understand its not in his or the country's best interest now that he's elected.

 

[Minor Axis]

And you are Mister "What's Best for the Majority", lol. Well, we'll just have wait and see how smart he truly is.

 

[Fox Mulder]

Well, we'll just have wait and see how smart he truly is.

He's smart there is no question--but so was Jimmy Carter--maybe the most intelligent president in the past 50 years--that meant nothing. If he panders to the usual special interest groups in his party he will not succeed. If he listens to his economic advisers, he'll do fine, but Democrats typically don't listen to economic advisors.

 

[Minor Axis]

I'm talking "practical" smart.

 

[nursey1972]

I am from Illinois and I HOPE & PRAY that Obama has not learned to be as crooked as the other politicians that we currently have in office in Illinois.... Hope that his Musulim or whatever religion he has decided to say that he is will help him stay straight or else we are all fu*#ed!