Quote:
Originally Posted by Guest
Interesting
I would like to see where you got your info from
as for the Great recession of 2008/09..... We have never had a recession as deep as the last one, it was so deep it was as close to a depression as you can get without being a depression.
on an average it takes 10 years to get out of a shallow depression and the Government spending a lot of money, We have never got out of a depression ( or a super deep recession) with out going into a major war, like WWII.
Yes this has not been a super strong recovery but when you have a Republican controlled congress that will stop anything you want to get done and make you a one term President you aren't going to have a super strong recovery.
and if you look back the Stock market didn't fully recover back to where it was before the Depression for over 10 years, and the market went down to something like 5800 in March of 2009 and it is what now?
17000's and in way less then 10 years.
You say we have doubled the public debt, I don't see it , please post your source.
As for the National debt, everybody is saying Obama has doubled the debt
well IF he had we would have a debt of OVER 23.3 Trillion seeing W left a debt of 11.657 Trillion
US Debt by President: By Dollar and Percent
Reagan and W were the ONLY two Presidents to have doubled the debt, and ran it up more then all their predecessors combined.
Reagan took it from 998 Billion to 2,8 Trillion ( 188% )
W took it from 5.808 Trillion and added 5.849 trillion ( 101% )up to 11.657 Trillion
Jobs W LOST jobs over the 8 years he was in and Obama has an increase of over 9 million jobs
I believe there are more poor insured now then before Obama |
The information was mostly taken from a government website. You, on the other hand use your own made up data to support your liberal view. I just used facts.
You are incorrect about jobs lost during Bush's tenure. Totally wrong and most would call you a liar. I won't, because you are probably just parroting whatever you have been told.
Bush had such low unemployment that economists said it was considered FULL employment. Not so with Obama.
And take into consideration that Bush had a great record UNTIL the last two years where Democrats controlled congress. Just saying.
When you say that more poor are insured under Obama. Explain how there was 45 million without insurance before Obamacare and now there is still 40million without insurance. Plus insurance has taken a giant leap in cost and is going up again in Jan.
Your rhetoric is without facts to support you. I fact check my info and use numbers from gov websites.
By the way, doubling a national debt by budget deficits in the billions is one thing, but Obama is doubling the national debt in the TRILLIONS. Quite a difference according to my math.