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Title: Obama Must Have Ignored His GPS…He Drove the Economy Off a Cliff
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URL Source: http://asianconservatives.com/econo ... ama-must-have-ignored-his-gps/
Published: Oct 29, 2010
Author: Cristy Li
Post Date: 2010-10-29 10:46:51 by no gnu taxes
Keywords: None
Views: 24432
Comments: 40
On Monday while championing his disastrous economic puzzle, President Obama chided Republicans for driving the economy into the ditch and then standing by while Democrats pulled it out but now that progress has been made he said, “we can’t have special interests sitting shotgun. We gotta have middle class up front. We don’t mind the Republicans joining us, they can come for the ride but they gotta sit in the back.” It was better being in the ditch, Obama must have ignored his GPS, at least the Republicans didn’t drive the economy off the cliff. When Democrat-Socialist took control of the Congress in 2008 unemployment was 4.6% during George Bush’s Watch and we had 52 consecutive months of steady job growth. Since “Hoax & Chains” has become President unemployment nears 10% the economy has shed 4 million jobs, underemployment remains stubbornly high at 18.3% with 43.3 million Americans now receiving food stamps. Housing prices are falling again, consumer confidence remains at levels usually associated with a recession—today the government is expected to announce that economic growth was only about 2% in July, August and September, less than half of what is normal in even a modest recovery.
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#1. To: no gnu taxes (#0)
(Edited)
Note falling GDP "before" the Democrats took control of the Congress and rising GDP since Obama came into office. And private sector job growth - Obama vs. Bush
Since “Hoax & Chains” has become President unemployment nears 10% the economy has shed 4 million jobs, underemployment remains stubbornly high at 18.3% with 43.3 million Americans now receiving food stamps.
So starting January 3rd, not only is the GOP responsible for the deficit, but they are responsible for job growth as well. OK, I will update my tag line.
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#2. To: go65 (#1)
When Democrat-Socialist took control of the Congress in 2008 unemployment was 4.6% during George Bush’s Watch and we had 52 consecutive months of steady job growth.
#40. To: no gnu taxes (#2)
When Democrat-Socialist took control of the Congress in 2008 unemployment was 4.6% during George Bush’s Watch and we had 52 consecutive months of steady job growth.
Replies to Comment # 40.
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