Fastest Recovery in History - Thanks Obama

[WillPA]

Wow, The stimulus has created the fastest recovery in history.

Just 6-9 months ago before the stimulus started chugging along the economy was losing 600,000-700,000 jobs per month, now we are just shy of losing none.

YEEEEEEEHHHHHHHAAAAAA - thank you Mr. President and the party who works for the countries working men and women.

Funny thing, never heard a single plan from the Rep's during that period of time other than tax breaks for the wealthy that would have done nothing during 2009. Would have taken years for Reagans trickle down to not work again. Most were now unemployed or losing money anyway and would have gotten no benefit.

[The Rev]

That would make a good children's story book, along with Cinderella, the three bears and other fables!

If you buy into that, I really do have some lake front property to sell you.

[Fieldmouse]

Wow, everything is all better now. Awesome, I'm going fishing. Obama your my hero.

[kevin1]

Not one credible economist has made any such declaration publicly so far. Who declared that the economy has recovered, and on what was this based? I think some links to facts are warranted here, not just kool aid induced euphoria.

[ipscshooter]

Originally Posted by kevin1

Not one credible economist has made any such declaration publicly so far. Who declared that the economy has recovered, and on what was this based? I think some links to facts are warranted here, not just kool aid induced euphoria.

I believe that what you are witnessing is kool aid induced dementia.

[Leftist Parrot]Tax breaks for the wealthy. Braaaaaaawk. Tax breaks for the wealthy. Braaaaaaaawk. Polly wants some freebies. Polly wants some freebies.[/Leftist Parrot]

They haven't even spent 20% of the money, yet they're claiming that it's been some kind of magic wand. Dumbasses. They can't even get on the same page. Over the weekend, one of BHO's advisors claimed the recession is over. Another said... "Ummm... no it's not."

The economy runs in cycles. Recession, Recovery, Stability, Recession, Recovery, Stability. It's been happening that way for generations. I bet the tard-boys don't give the Bush "Tax breaks for the wealthy" any credit at all for the recovery from the recession he inherited.

[Fieldmouse]

ipsc, I'm not listening to you or kevin. Quit ruining my trip that I'm on. Pain killers are making everythying good for me today and I want it to remain so.

[WillPA]

Wait a minute IPC. All I am hearing is that the economy is horrible because we are in a tailspin with the federal defecit and Obama ruined the economy and the stimulus plan cost us 4,000,000 jobs (Newt Gingrich paraphrase). Now you tell me the stimulus hasn't rolled out and hasn't done a thing.

[ipscshooter]

Originally Posted by WillPA

Wait a minute IPC. All I am hearing is that the economy is horrible because we are in a tailspin with the federal defecit and Obama ruined the economy and the stimulus plan cost us 4,000,000 jobs (Newt Gingrich paraphrase). Now you tell me the stimulus hasn't rolled out and hasn't done a thing.

Didn't Congress just raise the debt ceiling? Isn't Obama spending more money than every other president in history? Do you really think that spending additional trillions, when you're already trillions in debt, and your credit rating is on a massive downhill slide, is the proper way to go about regaining your financial health? Is that how you'd fix things if you were drowning in debt? By spending more?

Please provide a copy of Gingrich the quote, in context, that you are paraphrasing.

So far, they've spent less than $200 Billion of the $850 Billion stimulus. Have you not witnessed type of the business cycles to which I have referred? Do you REALLY believe that $200 Billion in government spending is more than a blip on the economic radar? The big factor, psychologically, was TARP. It supposedly stabilized things a bit, and stopped the panic. Of course, that wasn't Obama's deal... If I recall, he bragged that he only spent $5 Billion of the TARP money. The rest was spent by Bush. And big piles of that money have been paid back...

[Fieldmouse]

Will, when you finally land your first job or try to do a start up, you just might learn something about finace, risk and reward. That 4 million figure we are sitting on this last year is only a pause point. More layoff and job losses will happen after the first of the year. Right now the federal governmnet is sucking up all the availble finance dollars out there with their massive amount of borrowing. Companies can't get access to cash (if they wanted to) because the governmnet is taking it first. Second, their is absolutely no reason to hire anyone when the threat of enormous tax increases are being threatened from the current administration. Energy bills will increase. Healthcare fines/taxes will increase. Income taxes will increase.

How would I know all of this stuff Will? I'm sitting on a patent pending idea with a manufacturing biz just waiting to have the lights turned on. Right now, there is absolutely no incentive for me to flip that switch and open up shop. It's a sad day in America when the American dream must be put on hold because the government we live under.

[WillPA]

Fieldmouse, You must really be a great businessman. To defer making money based upon political rhetoric and nonsense makes no sense. No president in the last 40 years would be making it better for you as a start up business than obama is now.