Obama promised recovery if we spent ourselves into ruin. Do you still believe in Obama big-government economics?
FanOreilly
2011/08/01 09:31:48
The narrative of the Obama administration is:
-The USA was facing the greatest economic downturn since the 'great depression'
-It was all the Republican's fault
-Only massive expansions in government spending would save the USA from catastrophe
The American people did not want the massive expansions in government spending but Democrats 'passed' them anyway.
Now we find out that not only did Obama big-government NOT help the economy, the Obama/Reid/Pelosi socialist polices made the US economy worse...much worse.
"Yesterday, analysts thought the economy was expanding by 2.5% a year. This morning, they learned GDP grew by only 1.6% in the last four quarters. This is a remarkable discovery. It’s the difference between thinking we’re expanding at a decent, if disappointing, pace, and knowing we’re growing around half our historical norm."

Yep, that's the Obama 'recovery' at the bottom of the chart there.
Remember all the Harvard economists who arrogantly declared the solution was socialism?
They have been proven wrong, especially the Harvard-educated socialist professor who is currently occupying the white house.
Here is another chart that compares recessions with US output:

This is before the GDP numbers were 'revised' down. That means the Obama recovery has scored even lower than all previous recoveries in the past 100 years.
What is the result:
-An un-sustainable burden of government programs created by socialists in the Democrat party
-An economy with a debt so high it is permanently downgraded
-An American people who for the first time expect a lower standard of living and quality of life in the future.
-The USA was facing the greatest economic downturn since the 'great depression'
-It was all the Republican's fault
-Only massive expansions in government spending would save the USA from catastrophe
The American people did not want the massive expansions in government spending but Democrats 'passed' them anyway.
Now we find out that not only did Obama big-government NOT help the economy, the Obama/Reid/Pelosi socialist polices made the US economy worse...much worse.
"Yesterday, analysts thought the economy was expanding by 2.5% a year. This morning, they learned GDP grew by only 1.6% in the last four quarters. This is a remarkable discovery. It’s the difference between thinking we’re expanding at a decent, if disappointing, pace, and knowing we’re growing around half our historical norm."

Yep, that's the Obama 'recovery' at the bottom of the chart there.
Remember all the Harvard economists who arrogantly declared the solution was socialism?
They have been proven wrong, especially the Harvard-educated socialist professor who is currently occupying the white house.
Here is another chart that compares recessions with US output:

This is before the GDP numbers were 'revised' down. That means the Obama recovery has scored even lower than all previous recoveries in the past 100 years.
What is the result:
-An un-sustainable burden of government programs created by socialists in the Democrat party
-An economy with a debt so high it is permanently downgraded
-An American people who for the first time expect a lower standard of living and quality of life in the future.
"When historians look back on this moment in American politics, they may wonder why the White House failed to focus on the consuming issue of the time: the economy — and, in particular, jobs. …
In June, the nation’s unemployment rate rose for a third straight month, as employers added only 18,000 workers and corporate earnings languished.
President Barack Obama’s support has eroded among the very independent voters who helped him sweep into office. That drop-off is based on his inability to lead on numerous issues, but most importantly on the economy."
Do you still believe in Obama big-government economics?
Read More: http://hotair.com/archives/2011/07/31/guess-what-h...
Top Opinion
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No, Obama/Reid/Pelosi have (once-again) proven that socialism fails+16Socialism fails in it's declared aim to 'spread wealth around' with such consistency that we are left to think that socialists are either liars or morons.
They are both. It's a sado-masochistic relationship between the cruel socialist dominants and the socialist dependent submissives.
Socialists use the premise of egalitarianism to convince the masses to vote for socialist politicians for redistribution and guaranteed economic outcomes through government nationalization of private industry. The liars are the politicians who only care about power and the morons are the foolish souls who believe them.
Socialists get the power and the people get more misery.
Socialists say 'give me power and I will make your life better'.
Socialists only care about the first half of that sentence.






















I TRUELY believe that Obama isn't capable of taking an intelligent part in this..
His Legacy will be SIMPLE..
If it WORKS,, BREAK it,, If it Doesn't,, don't FIX it,, smash it even MORE..
THIS is a mentality of a Community Agitator,, to cause disruption and contention.. To stir things UP.. to Divide and Conquer..
It is NOT the behavior of a President who's supposed to be THE President of ALL the People..
Never will.
Stupid asses.
I don't understand people that can read and have a normal intelligence and are familiar with history that can think, even briefly that any kind of an all encompassing constantly growing government and entitlement society is anything but trouble, and doomed for failure..
Any thing that is big enough to give you everything - sure as hell can take it away if you piss it off. Starts with taking guns. READ HISTORY.
-“One of the consequences of such notions as "entitlements" is that people who have contributed nothing to society feel that society owes them something, apparently just for being nice enough to grace us with their presence.” - Thomas Sowell
-“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” - Thomas Sowell
Thomas Jefferson, “The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”
“The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. Increasing America's debt weakens us domestically and internationally. Leadership means that, the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”
Senator Barack H. Obama, March 2006
Our president is a "COMMON" two-faced politician
its a reflection on you that you just accept what you're told.
Acts 2:44-45 ES
And all who believed were together and had all things in common. And they were selling their possessions and belongings and distributing the proceeds to all, as any had need.
Acts 4:32-35 ESV
Now the full number of those who believed were of one heart and soul, and no one said that any of the things that belonged to him was his own, but they had everything in common. And with great power the apostles were giving their testimony to the resurrection of the Lord Jesus, and great grace was upon them all. There was not a needy person among them, for as many as were owners of lands or houses sold them and brought the proceeds of what was sold and laid it at the apostles' feet, and it was distributed to each as any had need.
2 Thessalonians 3:10 ESV
For even when we were with you, we would give you this command: If anyone is not willing to work, let him not eat.
1 Timothy 6:10 ESV
For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.
Matthew 19:21 ESV
Jesus said to him, “If you would be perfect, go, sell what you possess and...
Acts 2:44-45 ES
And all who believed were together and had all things in common. And they were selling their possessions and belongings and distributing the proceeds to all, as any had need.
Acts 4:32-35 ESV
Now the full number of those who believed were of one heart and soul, and no one said that any of the things that belonged to him was his own, but they had everything in common. And with great power the apostles were giving their testimony to the resurrection of the Lord Jesus, and great grace was upon them all. There was not a needy person among them, for as many as were owners of lands or houses sold them and brought the proceeds of what was sold and laid it at the apostles' feet, and it was distributed to each as any had need.
2 Thessalonians 3:10 ESV
For even when we were with you, we would give you this command: If anyone is not willing to work, let him not eat.
1 Timothy 6:10 ESV
For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.
Matthew 19:21 ESV
Jesus said to him, “If you would be perfect, go, sell what you possess and give to the poor, and you will have treasure in heaven; and come, follow me.”
2 Corinthians 8:13-15 ESV
For I do not mean that others should be eased and you burdened, but that as a matter of fairness your abundance at the present time should supply their need, so that their abundance may supply your need, that there may be fairness. As it is written, “Whoever gathered much had nothing left over, and whoever gathered little had no lack.”
Luke 6:20-24 ESV
And he lifted up his eyes on his disciples, and said: “Blessed are you who are poor, for yours is the kingdom of God. “Blessed are you who are hungry now, for you shall be satisfied. “Blessed are you who weep now, for you shall laugh. “Blessed are you when people hate you and when they exclude you and revile you and spurn your name as evil, on account of the Son of Man! Rejoice in that day, and leap for joy, for behold, your reward is great in heaven; for so their fathers did to the prophets. “But woe to you who are rich, for you have received your consolation.
Isaiah 55:1-13 ESV
“Come, everyone who thirsts, come to the waters; and he who has no money, come, buy and eat! Come, buy wine and milk without money and without price. Why do you spend your money for that which is not bread, and your labor for that which does not satisfy? Listen diligently to me, and eat what is good, and delight yourselves in rich food. Incline your ear, and come to me; hear, that your soul may live; and I will make with you an everlasting covenant, my steadfast, sure love for David. Behold, I made him a witness to the peoples, a leader and commander for the peoples. Behold, you shall call a nation that you do not know, and a nation that did not know you shall run to you, because of the Lord your God, and of the Holy One of Israel, for he has glorified you.