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Thursday, January 17, 2019

Oct. 2 (Bloomberg View) — Will future historians give President Barack Obama high marks on the economy?

A fascinating Bloomberg News piece by Thomas Black and Matt Robinson makes the case that there’s a huge disconnect between the hostility to Obama among business executives and the data on the economy’s performance during his presidency.

“History will eventually show that Obama inherited the Great Recession and resuscitated the economy,” the historian Douglas Brinkley is quoted as saying. “He’s going to be seen as much more centrist and even friendly to business.”

The case for Obama is fairly straightforward. He inherited an economy in a deep recession, and the administration and the Democratic Congress acted quickly. That recession ended relatively rapidly, and it hasn’t returned. Over time, unemployment has eased, manufacturing has picked up and corporate America appears to be unusually healthy. There has been no inflation.

In this telling, Obama deserves credit on several counts. The stimulus and other rapid action ended the nosedive and brought the economy back from the brink. Banking reform, passed in 2010, set the stage for healthier growth. The federal budget deficit ballooned in the short term as a result of spending to fight the recession, but is narrowing on schedule now. Meanwhile, he successfully pushed health care reform, a major long-term structural reform that deficit hawks had been begging for. Yes, the Federal Reserve deserves plenty of credit for keeping the recovery on track — but that, too, redounds to Obama’s credit given his string of successful appointments to the Fed.

The case against Obama? Yes, a recovery started, but it isn’t the kind of post-recession boom we had in the 1980s and 1990s. Conservative and liberal populists argue that although corporations are doing great, the working class has lagged. And Obama’s policies, such as the auto bailout, have favored business, they say. The headline unemployment rate has dropped to a relatively healthy level, but that number disguises underlying weaknesses such as diminishing workforce participation.

Before deciding who makes the better case, we should remember that Obama still has more than two years in office. And some economic effects are measured after a presidency. Bill Clinton’s record would look stronger if there hadn’t been a mild recession in 2001, even though it technically began after he left office.

I’d also be careful when assessing the president’s responsibility for economic performance. That’s a double question — about the economy and the government as a whole, and about the president’s position within that government.

Those caveats in mind, I’ll stick with what I’ve argued in the past: Obama has been a generic Democratic president. His strengths and weaknesses have closely mirrored those almost any plausible Democratic president would have displayed. That’s not to say he has no characteristics of his own; another Democrat might not have been able to get the Affordable Care Act passed,* and another Democrat might have been more aggressive about rapidly filling vacancies at the Fed (though probably with similar nominees). But for the most part, grading the Obama administration on economics means grading mainstream Democratic conventional wisdom. The idea that Obama is some sort of Kenyan socialist outlier just doesn’t have any evidence behind it.

There’s another way of looking at it. Obama’s economic record seems great when compared to the caricature that Republicans push (hyperbole such as “You can’t tell me anything that he has not tried to nationalize”) . Grading the actual president on what he’s actually done is a lot more complicated. For now, he’s certainly not failing, but otherwise he gets an incomplete.

*As Jonathan Chait argues. My basic response is that at each step along the way toward ACA passage, Obama made the correct and logical choices, but it’s fair to point out that not all politicians have always found their way to correct and logical choices.

AFP Photo/Brendan Smialowski

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191 responses to “How To Grade Obama’s Performance on Economy”

  1. Jon Johnston says:

    Obama’s regime is a menace to mankind.

    • cpbis says:

      How so? Seems all GOP/Tea Party individuals have done is attack the president personally not on the successes of his policies. They seem to want to go back to the previous administration’s policies that nearly put us in a depression. Other than “Ike” every GOP president left us with a deficit (ever since the early 1900’s, while every Democratic administration had a decrease in the deficit, including Obama. Please “study” history, especially that on politics.

      • bikejedi says:

        What successes ? Are you referring to the fact that average incomes are down almost $4000 / year or that we have the greatest number and percentage of Americans working Part Time Jobs in the Nations History ? Maybe you are referring to the fact that we have the greatest number and percentage of Americans on Tax Payer funded hand outs ? And please Bush was not responsible for the housing collapse nor all the bad debt the banks were holding.. That is directly attributable to the Community Reinvestment Act that Carter passed in 1977 .. Bush warned the Dem Congress what was it 26 times of the impending collapse and people like Bawney Fwank told him everything was peachy … Please place blame where it belongs .. Oh and those budgets under Dems were mostly the result of GOP controlled houses giving those Presidents something to work with …Newt Gingrich ring a bell ? .. Yes I implore everyone to study history .. especially on their politics … They might want to start with the Constitution so they understand how budgets are passed and who controls spending ..Then they can look up who controlled those Congresses … They will probably never vote Democrat again

        • cpbis says:

          Sorry! Bush had the USA borrow from the International Fund for the first time in history back in early 2003 when Standard and Poors indicated if we did not act soon we would downgraded within 10 years. Then in 2006 Greenspan warned the administration that we had best act soon or we would suffer a serious (never expecting it to be as bad as it turned out) recession. We have never ever had economic stability under the GOP policies. If the GOP had not prevented the administration from investing in our infrastructure 3 years ago we would have unemployment at 5% or lower and wages would have improved while we would have had 3 to 4 dollars returned on every dollar invested.. Now we need to get out of the dark ages and give a better minimum wage. Look at Seattle and other areas where they have a minimum wage up to as much as 1$15 an hour. They are striving and small businesses have erupted. The GOP always wants to go the “austerity” way which has historically failed. A strong middle class is what works. Look at the 1870’s when we were run by an near oligarchy until Ford changed it by paying people a decent wage. A middle class finally became a reality and we started to thrive. Your comments are typical of the GOP. I have heard them for over 70 years, cut taxes, give tax breaks to the rich, blame those who do not want to work, welfare, cut corporations a break, on and on. It does not work! Never has and never will. Your history on the Constitution is certainly different mine. By the way the GOP always attacks Obama on the Constitution for which he is a scholar. How interesting. Now the GOP has the Tea Party run by the Koch Brothers whose family helped start the “Birchers” and who are destroying this country with their lies and misinformation. Walker, Perry, Scott, Bachman, on and on with these so called Americans? That’s the GOP of today? How very sad. By the way I am an independent and seldom voted straight ticket. Enough said!.

          • bikejedi says:

            Yes Bush did borrow and it was a good call ..kept the economy going until the debt the banks were holding due to the CRA of 1977 became the house of cards he warned Congress about . And it is ONLY under Obama that the U S suffered it’s only Credit Downgrades in our HISTORY . And yes we did have economic stability under GOP administrations .. Under Reagan ( who by the way left the boom in tech that Clinton’s economy enjoyed ) and even under Bush for 7 years .. You do realize that there was solid economic growth under Bush for 7 years until the bill came due for the CRA right ? You do know that we enjoyed that growth even though he had to deal with the aftermath of 9/11 right ?? From your post I don’t think you do .. And Obama got the investment in infrastructure he so desired .. it was called the DE STIMULUS and was really just a front to boost up the Pension plans of the Public Unions . It was disguised as a “Shovel ready Jobs plan ” when only 6% of it was ever designed to go to infrastructure….. so why give LIARS even more money to waste ??? Meanwhile HE WAS given every spending plan he wanted and was allowed to spend more then ANY President in History ( look at the budgets even after the GOP took the House ) and what do we have to show for it ??? The other stuff on your post is class warfare rhetoric aimed at uneducated people .. You cant increase anyone’s standard of living just by Govt mandates in pay as all consummerables those people have to pay, for also rise in cost .. Hence their is no increase in their standard of living … the only thing that happens is people who have real jobs lose ground in relation because they don’t get a raise … Ask yourself if someone saying hold the pickles deserves to make as much as an RN ??? Because that is what you are espousing and when that RN is still making the same money and has to pay more for all of their consummerable their standard of living goes down . It is also a burden to the Tax Payer as all municipal contracts go up in price and have to be absorbed by those Tax Payers so their plight gets worse .. The very fact that you don’t even consider such things in your rant tells anyone all they need to know about your limited knowledge on economics .. Do you work for Occupy ????

          • WhutHeSaid says:

            Just stop your despicable lying. Bush presided over the worst economic debacle since the Great Depression. That’s how this works, you see — the President mostly gets the blame or credit for what happens on his watch. Aren’t you one of the redneck goobers who always tries to blame the tail-end of Bush’s Great Recession on Obama? And you try to blame a terrorist attack (Benghazi) on Obama, even though your redneck goober Tea-Bigot buddies in Congress refused to allocate enough funding for embassy and consulate security.

            Obama fixed Bush’s mess, the unemployment rate is back to normal levels, the financial markets are doing better than ever in history, and the deficit has been drastically lowered. Not to mention that Obama nailed Bin Laden — something you could never bring yourself to approve of because Obama is black, of course. Anyone who is a real American will do nothing less than give Obama resounding credit for that. No, of course Presidents don’t fly out with the special ops teams personally — that’s not their job.

            Then the ‘gun-walking’ debacle started under Bush — another topic that you redneck goobers lie about incessantly. Goobers whine about Obama giving handouts, but of course this is just another bigoted lie because Obama is black, since everyone knows that redneck goobers are the biggest freeloaders of federal benefits in the entire country bar none.

            Stop your lying and just have the sack to speak the truth for once: You hate Obama because he’s black, and you will blame everything bad on him and refuse to give him credit for anything good exactly for that reason. We already know the truth — so why do you rednecks continue to lie?

          • cpbis says:

            Wow! You need to take Economics 101. Reagan had the worst financial disaster in Clifornia with a huge deficit when he left. He then did the same as president having the largest deficit of any president until GWB beat him. You are obviously blinded by the GOP/Tea party nonsense. Please do not reply because you are so off on your comments you should be on Fox News! Thanks for seemingly caring however. PS Look at Kansas the last 4 years under GOP rule and policies…..they are near bankrupt. God Bless America!

          • bikejedi says:

            It seems like you need to do that . I mean you are doing the Liberal Talking point of trying to re write history to try to make people think that Reagan’s economy . All you have to do is ask anyone that was around for both and you will get a unanimous reply that they were better off under Reagan . Reagan’s economy was growing over 300,000 REAL FULL TIME JOBS in his second term .. GDP was growing at record rates and the spending and investment Reagan did is still helping our economy and Security today .. In his speech up at Northwestern the other day Obama LIEd and said that by every measure the economy is better then when he took office .. Yesterday in a poll only 24% of Americans agreed with him…When they were asked if they were better off since Obama only 24 % agreed

          • bikejedi says:

            I noticed you mentioned Kansas and didnt mention Detroit Chicago ( which now has more per capita debt then Detroit … You dont mention Illinois with their over `108 billion in Public Union Pension Debt or Caki with their over 144 Billion in Public Union Pension Debt … How runs those places … You also dont mention Indiana S Dak Fla Tenn Texas etc for their booming economies

          • WhutHeSaid says:

            So you’re regurgitating your previous lies about how well redneck goober states are doing, eh? Well, allow me to regurgitate a response that proved you a liar previously:

            “You just can’t stop lying, can you? The Chicago population is currently growing again after stagnant or negative growth that began around 2000. Also, Illinois was ranked number 10 for the number of jobs created in July.

            So you like to lie about Texas, eh? $16 per hour works out to $33,280, which is much less than the national average of $44,321. Texas is second only to Mississippi in the percentage of workers who earn minimum wage. In addition to this fact, unless you happen to be a large corporation with political connections, the effective tax rate for businesses in Texas is the 2nd highest in the Nation. Further, although Texas has no state income tax, the other taxespaid by middle class Texans is actually more than that of California thanks to an extremely regressive taxing policy that favors the very wealthy.

            So what do ordinary Texans get for paying more taxes than their counterparts in California? Well, they get a public education system that ranks number 42 in the Nation for the amount of funding per student. This may help explain why Texas is dead last in the rate of adults who graduated high school. Another benefit that the average Texan gets for paying for Texas millionaire tax breaks? The highest number of people lacking health insurance in the entire country. Unless you are a politically connected corporation or a millionaire, you will get a better deal in almost any other state in the Union.

            But while you are spouting your ridiculous claims about how well the economies of the federal-benefit-slurping red states are doing, you should remind yourself that any economic growth that is occurring comes during the administration of a black President — reversing the calamitous economic free-fall of the Bush Administration.

            So your bragging about how well the red states are doing economically directly contradicts your racist claims that President Obama is destroying the economy. What will you lie about next just to express your bigoted hate for President Obama?”

        • jmprint says:

          And the republicans don’t want a minimum wage increase. And you are worried about wages being down/ Which one is it?

          • bikejedi says:

            I don’t mind a small increase in the Min Wage but paying people who ask if you want pickles with that the same as an RN treating EbOla is not fair to more skilled and educated workers . It also doesn’t raise anyone’s standard of living as the price those people pay for Consumerables would also rise Co.s would hire fewer workers It would cost jobs as Co.s would hire fewer employees and it would hasten automation . In summation it would hurt not help the very low information poor people the Dems are aiming that rhetoric at

          • jmprint says:

            bikejedi, you are a little confused. When I was younger we we get a cost of living raise eery year to keep up with inflation and incentive raises. Nobody went under, infect the economy flourished. You are repeating what the Kock brothers want you to repeat. They think the way you do, because instead of 40 billion in profits they want +++++ more, and more until all their employees have no rights, no oversight.

    • Ron Silver says:

      I’m afraid that your kind of narrow-minded bigot is the “menace to mankind”. All you can see is your hate based on very personal slants and not on actual facts. The sheer blind hate of Obama stems from his ethnicity and nothing more. I bet your an older white guy who cringed at the sight of an Afro-American president.

      This article is pretty accurate in that Obama is actually slightly left of center which is where most Democratic presidents have been. However, your kind will continue to deny his successes till the day you all take your last breaths. Facts do not concern today’s GOP. Today’s GOP has moved to the extreme right by allowing a relative minority (so-called Tea Party) to adversely affect its policies. Its akin to allowing the “tail to wag the dog”.

      This situation also begs the question as to why didn’t the Tea Party emerge when Bush was drastically increasing the deficit? The answer is simple – bigotry of the worst kind. Obama has gracefully endured the sort of insults that no previous president had to endure. Its disgusting and portrays to the rest of the world a continuing strain of bigotry in this country. And you are part of it but you should not be proud of it. You’re a sad case whose time is waning.

      • bikejedi says:

        Since the article basically centers on Obama’s economy ….From the second you made the excuse in trying to defend Obama’s horrible record by playing the race card you showed that you don’t have a grasp of the facts and that you are just here to defend your hero. It doesn’t matter that no one can defend his record factually or by citing his record because the first thing you did was to play the race card … So why did you waste all that time when you could have just typed … Its all Bush’s fault and you are all racists ????.. By the way The Tea Party emerged as a result of the pending TRAIN WRECK of Obamacare not because of what you have been brainwashed to believe and repeat .. As for whether any of his record proves he is a centrist … Well just saying it and repeating it doesn’t make it so

        • Bill Quigley says:

          For the first time in 20 years the rate of increase in medical costs is less than the rate of inflation. Try to explain that without referring to The Affordable Care Act. Also you obviously don’t have money in the market because if you did, you would have doubled your investment since Obama has been in office. Under Bush your investments would have lost 30% of their value. Again, tell me were the train wreck is.

          • kenndeb says:

            Just how long before those inflated stocks become worthless under this regime? I would say any day now. Just as the dollar will soon be worthless, so will your stocks.

          • bikejedi says:

            Ken it is apparent that Bill Quigley and most Liberals dont understand basic economics nor how the QE policy of the fed has artificially boosted the Markets .. They also dont understand that under Obama and the Dems the only group getting richer are the greedy top 10% of incomes … Where are the occupiers and why arent they protesting against Dem Policy that is destroying the middle class while those evil rich people get rich on the backs of the poor hahahaha… You cant make this stuff up

          • Bill Quigley says:

            I beg to differ with you, I am retired and living on a fixed income part of which is Social Security. The gains in my 401 are real and I have income that I would not have if stocks had stayed the same as they were under Bush! The cost of medical care has had the smallest increase in 20 years! All references to individuals insurance are red herrings to try take our attention away from this fact!

          • bikejedi says:

            Bill I am glad your 401 K has increased . Do you understand why that has happened ? Are you aware that the markets and hence your 401 k have gone up only because of the QE policies of the Fed ? So they are taking Tax Dollars and also printing digital money and artificially creating a Market bubble . If that money ceases all at once we will have a recession or a depression .. then your 401 k is worthless . Let us pray that doesn’t happen .. So you are getting wealthier on the backs of the working class . .. Classic wealth redistribution .

            On Obamacare….. why would the references to individuals policies be nothing but a red herring ? Are you kidding me ? Those are the people that are losing their company supplied plans and now are being forced to come out of pocket for plans.. So the people who are incurring those RISING costs dont count in your world ???? You have to be kidding me …How compassionate of you and what chutzpah for you to claim they don’t count in any COST projection .. That is extremely funny And I don’t know where you are getting your information from but the cost of medical care is skyrocketing at its fastest rate ever .. That is both in terms of what a policy costs to what the care providers are charging . That is only natural as anytime you subsidize something with other peoples money there is never any reason to worry about controlling costs . That is the history of Govt programs and subsidies .. If you want an example look at how tuition costs are skyrocketing .. or how much medicare is costing the Tax Payers .. Medicare is 10X as costly as the highest predictions and projections when it was envisioned and there is no stopping it from going higher .I think it was Sowell who pointed out that health care costs are high because of insurance mal practice suits medication costs medical equipment costs doctor costs ( and that is always going to rise as they are doing nothing to curtail tort costs ) and you think by adding Govt to that list you can make it cheaper … Come on now you cant be that naive

          • WhutHeSaid says:

            Liar. Medical care cost increases are at historically low rates. We get it: Obama’s black and you’re a bigot. You wouldn’t understand the Fed’s efforts at QE if it bit you in the ass. Can you tell us why QE didn’t prevent the Bush Economic Debacle (aka Great Recession) from happening, you lying redneck?

          • BillP says:

            Bill the trolls on this site love to write off the stock market record or near record levels as due only to the QE. No other issues have any effect according to them, not global matters like the Ukraine, corporations recording large profits, housing market increasing and the fact that the QE has been easing off for over a year now. Like you, my wife’s and my retirement accounts have regained its values lost under W and had large increase in the last 5+ years. The trolls can make any ridiculous claims that they want to, I’ll look at my statements and enjoy a good laugh.

          • Dominick Vila says:

            The predictions made by the GOP about a market crash, economic Armageddon, huge unemployment, gas prices exceeding $5 a gallon, a record number of national debt ceiling increases, out of control inflation, huge budget deficits, companies going bankrupt, record foreclosures, and the rest apply more to what happened when Republican presidents than what is happening now.
            I am not surprised by the Republican attempt to convince the public that what we see and feel is not real, that our portfolios are not rising, that the excellent salaries and benefit packages that are children are enjoying are not real, that our ability to buy houses with kitchens and bathrooms that look like dance halls, and must have granite counter tops and the most modern appliances, or the vacations overseas, are all evidence of doom and gloom. Let’s face it, if voters compare where we were January 2009 and where we are today, there is only one way to vote…and it ain’t red.

          • BillP says:

            Hey liar do you ever read anything? In the almost 6 years of the Obama administration the Dow has increased 107%, the S&P 500 up 135%, Nasdaq up 198% ad the Wilshire 5000 up 141%. Your ignorance is so astounding on this, do you realize that if what you say or wish happens the whole country would be in huge trouble, including you and your family. As for the dollar soon to be worthless, your ignorance is showing. The dollar is up versus the Euro, the Yen and other currencies but I know a troll like you only believes the right wing media not the real world.
            You obviously have no real knowledge of or understanding of the stock market or currency market. Keep writing your lies they are always good for a morning laugh.

          • kenndeb says:

            Being called a liar by someone that has his head up not only his own but also the Emperors ass is astounding. Go ahead and keep believing all the propaganda the regime spews. It will not be my family that is in trouble, but yours. I’m ready for almost anything that happens, including the upcoming civil war which will most likely happen if the liberals stay in power. The US dollar is tanking. The stock market is inflated to keep the peons happy, just up to when it gfalls like a rock. Keep your head where it is, just like all the other dems that won’t see what is happening to their new communist party.

          • BillP says:

            Lie #1 “The US dollar is tanking.” – check any financial source and you will see that the dollar is doing better versus the Euro, Yen, Pound and other currencies for quite a while. Again you never check anything, just write pure bs.

            Lie #2 “The stock market is inflated to keep the peons happy, just up to when it gfalls like a rock”. You have to be the simplest troll in the world, please offer some provable facts to support this most asinine comment.
            As for a civil war that you trolls keep talking about, this is just another fantasy that you trolls want to happen but will “never” repeat “never” happen.
            Thanks for another laugh dummy.

          • jmprint says:

            I hope to be in the front line facing YOU.

          • jmprint says:

            More coulda, shoulda, woulda. Get you come back to the now.

          • kenndeb says:

            Did you notice the stock market today?

          • bikejedi says:

            No you are wrong on your estimates for the Train Wreck of Obamacare .. If you are talking about the plans and leave out those who are getting covered under the Medicare expansion … and just count those who are LOSING their plans and being forced to come out of pocket … THEIR costs have risen at the fastest rate EVER and are up almost $3800/year .. Not so affordable to the middle class and it will ruin their ability to be consumers … Why is it you doubt everyone who speaks out against Obamacare ? We have been right and haven’t LIED to the American people on the issue while Obama and every Dem has done nothing but LIE on the issue ? Why dont you start listening to the people who aren’t lying ??

            I hope I answered your questions

          • WhutHeSaid says:

            You despicable Obama-hating bigots do nothing BUT lie. That’s why you can’t applaud Obama’s successes — like his attack on Bin Laden. It’s a hard and fast rule of the Tea-Bigots: Oppose anything that Obama says or does. If Obama made a public statement encouraging stating that breathing was a good thing, all of you Tea-Bigots would immediately stop breathing.

            Hmm….

          • jmprint says:

            Then tell them to get a better job, as Ted Cruz says to the people that can’t afford insurance.

          • bikejedi says:

            Ted Cruz said that satirically because Obamacare is causing people top lose their company supplied plans they got at no cost to themselves and now are being forced to buy way more expensive and useless Obamacare plans that have $6000/ yr deductibles …the alternaticve would be to go on entitlements and become a burden on their neighbors …but hey they get free healthcare right ???

          • jmprint says:

            THAT’S A LIE! I saw the interview. You will defend without knowledge. He said it because he doesn’t give a shit about anybody but himself. We will pay for his retirement for the rest of his life. His rich wall street wife pays for his insurance. We don’t all have the status that he has. We don’t all have the opportunities he has. As long as he works for the Kock brothers they should be the ones to pay for his insurance and retirement. He does not work for the people. Name one thing he has done for the people… JUST ONE!

          • MJRinPA says:

            Under Bush our retirement lost 50%! It has recovered with Obama’s economic policies & is still increasing. As a couple almost old enough to retire, this is very important. We can’t afford to go back to the GOP “trickle down” economics.

        • highpckts says:

          The Tea party was here before the ACA!!

      • kenndeb says:

        So, you want to use the standard liberal defense of screaming racist when anyone does not agree with the Emperor. Most people, contrary to liberal beliefs, don’t really care what color the tyrant is. They only care that he IS a tyrant.

        • Ron Silver says:

          First, I’m an Independent. Second, I have found that anyone that uses the terms such as “tyrant” and “menace” are denying their true feelings. Personally, I’m not in favor of many aspects of his administration such as driving health care ahead of jobs and his handling of the Mid-East. However, let’s not deny that his policies have helped extricate us from a very deep recession that was headed for a depression not seen since 1929. Also, millions of people now have health care that would otherwise the rest of us would have continued to INDIRECTLY pay for. True, it hasn’t worked for everyone but it has for most.

          I also believe that we would be further along economically if not for the non-stop obstruction of the “new” extremist GOP. Its a ressurection of the John Birch Society that died a natural death as most Americans are not extremist.

          Further, do you care to recall what Mitch McConnell espoused immediately following Obama’s first election and I paraphrase “my job is to see that he is a one-term president”? This, as opposed to something akin to while we’re hot pleased we will endeavor to work with the new president for the betterment of our country. God forbid. The GOP hasn’t let up since. Finally, the racist comment was sadly true and I stand by it. You will continue to deny it as it means facing an ugly truth.

          • bikejedi says:

            People who work for a living Still are paying for those people and now we are paying way more … Most of the working class has or will lose their company supplied plans .This isnt my opinion it is Ezekiel Emanuels opinion and he designed this Train Wreck .. When those workers lose their company supplied plans they will have to pay for their own plans … Those plans have gone up almost $3800 SO FAR under Obamacare ..They will continue to go up as the Dems rely on working people to subsidize the plans they give away to their voters on entitlements

            And stop using that Liberal talking point about the GOP being obstructionists because if you dont know it is a LIE .., There are over 350 bills sitting on Harry Reid’s desk that he wont even allow a vote on .. That is an historial log jam and it is Dem created … Of those over 350 bills 98% passed with WIDE Bi Partisan support and almost 60 of them were advanced by Dems … Yet Reid wont allow a vote in his DEM controlled Senate because he knows that they would have to go on record as to why they didnt vote for these bills .. Also because he knowsa lot of them would pass his DEM Senate .. For he Obama and Liberals to then call the GOP the obstructionists is not only the height of Chutzpah but also a LIE

            Also to quote one GOP Senator on what he thought is crazy .. Do you really think that when a Republican is President that the Dems goal isnt to also make that President a one term President ??? I mean come on that is ALWAYS the goal of the opposition party and it has nothing to do with race .. You say you are an independent but you spout every Liberal talking point .. They are all wrong and they are all LIES .. For you to repeat them shows that you are only trying to portray you are an independent while backing everyone of their lies … get out of the closet and own it … You are a Liberal

          • Mikey7a says:

            Here are just THIRTY of the current “Jobs Bills” that The House is trying to push through. After you read them, if you read them at all, which I certainly doubt, you will see that they are ALL for benefit of Big Money, and create NO JOBS!

            HR 3630 – The Middle Class Tax Relief & Job Creation Act of 2011 – This bill does indeed extend the “docfix” and unemployment insurance for a year, but with a hefty price.

            In addition to freezing federal workers’ pay for three years, it requires issuance of a permit for the Keystone XL Pipeline in advance of the proposed routing by Nebraska, suspends the newly-issued mercury regulations and extends 100% expensing of business equipment (including private jets). Another so-called “jobs bill”, HR 1938, was passed giving a November 1, 2011 deadline for the Keystone pipeline.

            With regard to unemployment insurance benefits, it cuts the 99-week maximum down to a 59-week maximum by mid-2012, allow states to drug-test UI recipients, and allow states to reduce state unemployment benefits and substitute federal funds. It also cuts funding for key provisions of the Affordable Care Act coming online, and adds the requirement to welfare payments that EBT cards cannot work in strip clubs, liquor stores and casinos.

            Provisions were included to auction more broadband spectrum and reclassify the 700mhz D Block as public safety broadband use only, which would be a huge payoff to Verizon Wireless lobbyists, who won that block with requirements that it remain open, after Google challenged the auction process.

            It would force Fannie Mae and Freddie Mac to pay increased guarantee fees similar in scope to those due from large banks as a part of the Dodd-Frank Act, means-tests unemployment insurance benefits and food stamp programs and increases Federal employees’ contributions to their retirement system by 1.5% while freezing pay, so their pensions take a double-whammy.

            Finally, it repeals the new timing rules for estimated corporate tax payments for companies with assets of $1 billion or more so that they can use payments of estimated taxes as a timing tool for fourth quarter profit declarations.

            None of the provisions outlined above create jobs. They called it a jobs act, but it was really just an act.

            HR 1633 – Farm Dust Regulation Prevention Act of 2011

            This bill prevents the EPA from issuing or finalizing regulations revising air quality standards under the Clean Air Act, and excepts farm dust from all references to “particulate matter.”

            No jobs there, but if anyone has ever suffered from Valley Fever, they might object to exempting dust, particularly farm dust, from the definition of particulate matter.

            HR 10 – Regulations from the Executive in Need of Scrutiny (REINS) Act of 2011

            Guts the regulation process by mandating that every regulation promulgated by approved by Congress after an onerous submission process, while exempting any Congressional finding from judicial review. Call this one the Carte Blanche For Congress To Kill All Regulatory Authority Bill.

            What it is not: A jobs bill.

            HR 3010 – Regulatory Accountability Act of 2011

            HR 3010 is a modified, somewhat less onerous version of HR 10, setting guidelines for whether any regulations are warranted at all even if called for under a statute. Calling an anti-regulatory statute a jobs bill is a little like calling a half-built bridge infrastructure. So again, not a jobs bill.

            HR 527 – Regulatory Flexibility Improvements Act of 2011

            Ostensibly, HR 527 would reduce regulatory requirements on small businesses by forcing an impact study with specific focus on small business before regulation is adopted. It would limit EPA, OSHA and CFPB regulations while presumably protecting “small” closely-held Subchapter S corporations like Koch Industries. Not a jobs bill.

            HR 3012 – Fairness for High-Skilled Immigrants Act of 2011

            HR 3012 would expand job immigration beyond current limits by eliminating employment-based immigrant visa caps and raising the percentage of total visas granted to 15% from 7%. For this one, I’ll say it IS a jobs bill, but not a jobs bill for American workers. It is the “Elite Immigration Jobs Bill of 2011”.

            HR 3094 – Workforce Democracy and Fairness Act

            HR 3094 redefines collective bargaining units and makes significant changes to election procedures, including one intended to intimidate employees: an employer-supplied list of eligible voters with contact information provided by the employee.

            Not a jobs bill. A union-buster bill.

            HR 2930 – Entrepreneur Access to Capital Act

            HR 2930 exempts startups raising less than $1 million in venture capital from small investors from SEC registraiton and oversight.

            Not a jobs bill. An anti-regulatory bill.

            HR 2940 – Access to Capital for Job Creators Act

            HR 2940 repeals prohibitions on solicitation or advertising of a securities offering. It’s a companion to HR 2930, and is intended to allow people with no relationship to a startup company to invest in it without any oversight by the SEC. Let’s call this and its evil twins HR 2930 and HR 1965 the “Ponzi Scheme Coverup Acts of 2011”

            HR 1965 – Securities Laws Amendment

            HR 1965 changes the shareholder threshhold for SEC registration from 500 to 2000 shareholders. It’s not a jobs bill. It’s a “hide from the SEC” bill. Its companion, HR 1970, would exempt SEC registration of public offerings under $50 million rather than the current $5 million threshold.

            Many More EPA Acts

            So many they don’t deserve to be broken down individually. HR 2273 removes coal ash regulation from the EPA and hands it to the states. HR 2681 would put a legislative stay on cement manufacturing emission standards. HR 2250 would put a legislative stay on EPA boiler MACT rules. HR 2401 would require analysis of all EPA regulations relating to air, waste, water and climate change. HR 2018 would restrict EPA from issuing any revisions to existing water standards or issuing a new standard for a pollutant if the state has already adopted one or there is an existing standard in place. In other words, ignore any new scientific research after an initial standard has been set. HR 2021 amends the Clean Air Act to open oil and gas exploration off the Alaska coast. HR 910 strips the EPA of authority to regulate greenhouse gases under the Clean Air Act, a direct assault on efforts to limit man-made contributions to climate change. HR 872 expands the use of pesticides, fungicides and rodent without EPA approval.

            Many More Oil and Gas Drilling Acts

            There is HR 1231, which would require the Administration to allow offshore oil and gas drilling and exploration in order to meet set domestic production goals, effectively forcing the moratorium on offshore drilling to be lifted to meet goals. HR 1229 requires the Energy Secretary to consider any offshore drilling permits within 30 days of receiving it and provide application denials in writing within 60 days of the application. Another “forced moratorium lift” bill. HR 1230 forces sales of oil leases in the Gulf of Mexico and Outer Continental Shelf of Virginia. It also lifts requirements for environmental impact statements and grandfathers in a 2007 document as authority for environmental impact.

            Special Interest Legislation, or Pandering to Corporate Interests

            HR 1904 proposes an exchange of land so that Resolution Copper, LLC can mine copper on what is now part of the Tonto National Forest.

            HJ Res 37 is a resolution of disapproval on net neutrality.

            HR 2587 prohibits the NLRB from restricting where an employer can locate. This is in response to the NLRB’s objection to the Boeing plant relocation to South Carolina, a right-to-work state.

            These would fall under the anti-labor, anti-environment categories, but not particularly effective job creators. In fact, in Boeing’s case, the jobs lost would hurt the economy more than jobs created in a right-to-work state where employers are not obligated to adhere to industry standards on contracts, safety or other issues.

          • bikejedi says:

            First off there are more then 30 Second off you omit a lot of info on those bills . The next question is why is REID blocking votes on them and then calling the GOP the obstructionists .. I mean if these bills are so bad why not allow a vote so the Dems could then go on record as having opposed them . Of course you know the answer as well as I and that is a good number of them would pass and blow your whole argument out of the water …

          • highpckts says:

            So it’s ok with with you to waste taxpayer money on bills that won’t pass just like the money wasted on trying to repeal the ACA 50 some times? None of this happens for free! Get your priorities straight and figure out where you want tax dollars to go. On something worth the time or throw it down a rat hole! Knowing the GOP way of doing things, it doesn’t matter how the money is spent! It’s not their money! Just like hiding the cost of the Bush war and not including it in the budget!

          • bikejedi says:

            The last GOP plan that was a spending plan was TARP.. How did that work out ? It saved the Banks that were in trouble and it got paid back with INTEREST . Most of the 350 bills sitting on Reids desk are not spending bills but rather bills to boost jobs through private investment . If you want to talk about a Party that wastes money look to the Dems with their grand schemes like DE STIMULUS the Solyndra and Fisker

          • WhutHeSaid says:

            You redneck goobers just hate the fact that Obama cleaned up Bush’s economic debacle — don’t you?

            If you want to flap your bigoted jaws about wasting money, try telling us about the redneck goobers in the House wasting $100 million in taxpayer money on votes to repeal the PPACA when they knew full well the votes would never accomplish ANYTHING. Zip. Nada. At least Solyndra had a chance to accomplish something even if it didn’t pan out. That’s how this business thingy works: Businesses sometimes fail. Get a clue.

          • highpckts says:

            And you know exactly what is in those bills how? The stimulus did work just not as fast as you would have liked and Solar power is taking off. Not quite as expensive “mistakes” as an unfunded war!!!

          • bikejedi says:

            Well its clear no Republican will ever utter the phrase .. We have to pass it to see whats in it ..hahaha The DE STIMULUS did more to hurt the economy then help as that money would of been better off in the Private Sector and of course Obama;s irresponsible spending and economic policy have led to the ONLY credit downgrade in America’s History

          • highpckts says:

            Sorry buddy but Obama did NOT shut down the government!! It was your fellow House Republicans that did that leading the downgrade! LOOK IT UP!!!

          • bikejedi says:

            Sorry Buddy .. the Credit Downgrade happened in Aug 2011 and the Dems Sequestration Shut down of Government happened in Sept of 2013 if memory serves .. It is hard to respond to you because you just post Liberal Talking points not based in fact . It seems you dont even know the REAL cause of the Shut down and just buy and repeat anything they tell you to .. Look up the Sequestration Bill . That was Obama;s deal . Obama wanted a DEBT LIMIT .( so he could do more er Social Spending ?? And further spend your grand kids into debt ) The Republicans were ok with letting him spend more if there were going to be spending cuts … There had been absolutely no spending cuts and NO budget for the first term of Obama .. So to get his debt limit increase Obama came up with the idea of Sequestration or automatic spending cuts if no deal could be reached in a year and a half .. After passing it Obama said he would veto ANYONE who tried to stop Sequestration if no deal could be reached in a YEAR and a HALF.. Since the sequestration included across the board cuts and cuts to NATIONAL SECURITY and the MILITARY he gambled the Republicans would never do that just to get spending cuts .. He gambled wrong and the Republicans stuck up for America and to curtail the runaway spending … When Obama refused to come to the table in a YEAR and a HALF they accepted Obama’s deal of Sequestration .. That is how the Govt Shut down happened ..So if Obama and Reid would’ve kept their word and negotiated spending cuts the GOP never would;ve had to take the bad deal of Sequestration Obama came up with … Once again you are listening to talking points and not dealing with the facts of the shut down … In doing so you are placing blame on the wrong group … READ THE SEQUESTRATION ACT AND ITS PROVISIONS

          • highpckts says:

            All those “jobs” bills contain a poison pill meaning that somewhere in that bill is something that kowtows to the rich! Wake up! The GOP hasn’t presented one bill that benefits the public since Obama’s first term! I always claimed to be an Independent but, I have to say, now, yes I am a Liberal because ANYTHING the GOP proposes is BS and only for the wealthy! If, somewhere in the next 2 years, they can get their priorities straight and that is working for the people, Then I will stay a Liberal and proud of it!

          • bikejedi says:

            Poison Pill ? And you know that how ? Have you read the bills or even looked at them ? Of course not ? Has your media discussed any of them other then to tell you that Talking Point Lie that you so dutifully repeated ? And how would you know what is in them because your people ( REID ) wont even allow a vote on them because he KNOWS most would pass .. You cant logically answer any of that but you choose to buy what your media sells you without even questioning it … and you choose to then hate the wrong people ….

            You dont even know what the GOP has proposed and how it would help America because YOUR A Holes wont even put it up to a vote . We do know the NEGATIVE impact on our economy Obama and the DEMs have had and you dont find that criminal ? You don’t find having FEWER Americans employed then when he took office offensive ? Especially after 6 years ? Of those who are working most are working Part Time Jobs …,that is helping America ??? How about the record number and percentages on Tax Payer funded hand outs …that is helping America ? … With all your Party is doing to help us please stop ..

            Look you don’t have to take my word for how the Dems have screwed this economy up all you have to do is look around you … While you defend them with their talking points…. ask yourself why they ARE NOT running on that agenda ??? Why are no Dems running on the economy or Obama care ???… If you can reason logically hopefully you will say … Hey that Bike Jedi guy is right and start thinking about America instead of Party Loyalty

          • jmprint says:

            You must not watch C-span!

          • bikejedi says:

            I do watch C span .. it is mostly boring and I do a lot of reading

          • jmprint says:

            COULDA, WOULDA, SHOULDA BULLSHIT! Again!

          • bikejedi says:

            What are you referring to ?

          • jmprint says:

            1). …will lose their jobs (speculation)
            2). …when the workers lose (speculation)
            3). …they will continue to go up (speculation)

            SPECULATIONS ARE NOT FACTS: Remember what the Kock brothers did to us in 2008 with the price of gas. SPECULATION causes problems to society.

          • bikejedi says:

            Not speculation at all . The proof is that Obama ILLEGALLY delayed the Employer mandate because … People were losing their jobs and most are being transitioned to part time . Look at what Walmart announced and WHY they announced it . Thanks to the Dems Obama Obamacare and Obamanomics we now have the greatest number and percentage of Americans working Part Time Jobs in this Nations history . Coupled with Walmarts announcement that will only go up . Also take into consideration that there are Fewer Americans Employed then the day Obama took office and that we have the Greatest Number and Percentage of Americans on Tax Payer Funded Hand Outs … Oh and lets not forget the Lowest Labor Participation Rate in 36 years and you can deduce that People are and will continue to lose their jobs with the lucky ones being transitioned to Part Time … But hey look at the bright side Obama Dems and Liberals are counting those newly created Part Time Jobs as Jobs created … Hope and Change indeed … He did promise to fundamentaly change America Liberals are just to blind to see he wants to make us a dependent Socialist Nation … And he is using a Cloward Piven Strategy to do it .. By the way what I posted is easily verifiable on the Dept of Labor Statistics website and also the Bureau of Labor Statistics website … Oh and the cost of the Insurance Policies is sky rocketing .. look it up … Nothing I posted is speculation or opinion it is fact and that is why Obama delayed the Employer Mandate just before this election cycle as that would have been a disaster for the Dems … If you dont believe me go to the Obamacare Train Wreck of a Website and see if you can get a price quote before the election … Hint you cant because they wont release those until after suckas vote

        • John Cobb says:

          I would wager that you have never listened to a single speech by Obama, or read a word of what he has said. You obviously don’t know him. Right wing propagandists want to you to hold your beliefs, because that way they will get their bribes and make the robber barons happy.

        • WhutHeSaid says:

          Oh shut yer yap, you troglodyte. Everybody knows that you goobers call Obama names like ’emperor’ and ‘tyrant’ because you can’t stand the fact that he’s black and more successful than you will ever be. People point out racism to you racists for a reason: that’s what you are. People who aren’t racist don’t need to spend half their life claiming they aren’t.

        • highpckts says:

          That is BS and you know it! The worst racists ar the ones who deny it!!

    • bikejedi says:

      Correct

    • Dominick Vila says:

      As well as to racists, religious zealots, and the most ignorant among us.

    • highpckts says:

      Regime? You probably have never seen a “regime” in your life! But, you can sure quote what you hear!

    • jmprint says:

      I guess you are lucky you aren’t a man? Hee Hee

  2. bikejedi says:

    I can tell you how to grade Obamanomics .. TRAIN WRECK is there something lower than F- ? So we have fewer Americans working then the day he took office . We have the lowest Labor Participation Rate in over 36 years ( that is why your unemployment rate is dropping for those Obama backers who are ignorant of arithmetic ) And remember when you also factor in the percentage of the Labor Participation Rate try to remember that there were approx 100 million FEWER Americans back then . As Companies try to get ahead of the employer mandate they are hiring ONLY Part Time Workers and transitioning Full Time Workers to Part Time Status . We now have the Greatest Number and the Greatest Percentage of the American Workforce Working Part Time Jobs in this Nations History .. In the August Jobs report they reported 280,000 new jobs . If you read that report further ( and Im sure Liberals and their Media wont ) you would find that almost 500,000 Full Time Payroll Jobs were lost . What that means is that approx 780,000 Part Time Jobs were created . So the Stats show that employment is going up simply because you need more PART TIME Workers to make up for the Full TIme Workers you are transitioning . Because most are only working Part Time Jobs now Average Incomes are down almost $4000 / yr … We also have the Greatest Number and the Greatest Percentage of Americans on Tax Payer Funded Handouts and please don’t call those Entitlements just to relieve the Social Stigma … Call them what they are … All in all Obamanomics is a TRAIN WRECK

    • Dominick Vila says:

      Social Security and MEDICARE are called entitlements because we – you, me, and everyone else – pays into those programs throughout our professional lives, and in the case of MEDICARE we continue to pay hefty fees after we retire. If that is a handout, what do you call Reagan’s ER freebies?
      The fact that some of the jobs being created in the private sector are part time jobs is not a bad thing. Many workers prefer or have no option than to work part time for a variety of reasons, including the need to be home when a child gets home from school, caring for an elderly parent or grandparent, and other such reasons. The reason there are more full time and part time jobs than when W was in office is simple, we have a stronger economy than the economic bubble that existed then, expenditures are not being hidden using accounting gimmicks like unfunded liabilities, the Federal government deficit has been reduced by 2/3, manufacturing is profitable, expanding and hiring, consumer confidence and spending are up, which require hiring. We don’t need statistics to determine what is happening. The only thing that those who expected economic Armageddon need to do is wake up from their stupor, open their eyes, look around and you can’t miss the hiring signs in retail, hospitality, the hiring ads in the newspapers that show corporations seeking applicants to fill vacancies, etc.
      My eldest son works for a computer networking company based in Tampa. He has been working an average of 70 hours a week because his employer can’t find qualified and experienced personnel to fill the vacancies they have, even though the salaries for senior personnel are all in the six figure range, which is well over average for Florida.
      A person has to be blind, deaf, suffering from an advance case of Alzheimer, or unwilling to work, to miss the strength of our economy, and the availability of good paying jobs in most sectors of our economy.
      The key is to stop listening to demagogues and face reality. Republicans are well aware of what is happening, and they know how threatening our economic improvements are to their chances to win and get control of the WH in 2016. Considering their dismal record on the economy and fiscal responsibility, and their lack of vision, the only recourse is to convince people that what they see and what they are experiencing is not real, and that we are actually going down in flames.

      • bikejedi says:

        Dom you know as well as I do that those were not the benefits I was referring to . And COME ON how can you make that ridiculous claim that there are more Full Time jobs under Obama .. Are you paying attention ?? We have FEWER Americans employed then the day he took office . Of those employed most are working Part Time jobs .. and I love your spin that THIS is a good thing ????? Come on …If Obamanomics is so strong why are all the Dem candidates running away from him his economy and obamacare ??? Come on now your being TOTALLY SILLY

        • Dominick Vila says:

          The claims I made are only silly for those who are desperately trying to hide their dismal record on economic growth, job prosperity, and fiscal prudence by claiming that what we are seeing is just a figment of our imagination.
          Do you remember the Republican predictions of an Obama Bear Market? The exact opposite has happened.
          The DOW has gone up a record 10,000 points since January 2009.

          Contrary to Republican claims about the purported negative impact of the Obama stimulus
          package on the economy and job creation, the economy recovered nicely and job creation is on solid ground, with a total of 9.7 private sector jobs created in 52 months, instead of Bush’s 52 month job creation record, which relied on military personnel growth after 9/11.
          The nonpartisan Congressional Budget Office and most other unbiased observers agree that the American Recovery and Reinvestment Act (ARRA) boosted GDP,
          added millions of jobs and prevented a second Great Depression.

          So how does the GOP respond to a booming economy and robust job creation? Economic Armageddon is around the corner, many of the jobs being created are part time, which in their minds is worse than losing 800,000 jobs a month when Bush was in office.

          • bikejedi says:

            Do you get paid to spin bullshit ? You know as well as anyone that the ONLY reason the Markets have gone up is because of the QE Policies of the Fed . They are investing Tax Dollars and just printing digital money out of air and investing it in the Markets . They are creating an artificial bubble and if all if that investment were to end overnight then we would be in a depression . Let hope they aren’t that stupid

            The CBO scoring of Obamacare keeps going up … IN COST that is what they have scored and they have been proven right .. Please do tell how Obamacare creating the an economy where we have the greatest number and percentage of Americans working Part Time Jobs in this Nations History .. How is that good for GDP

          • Dominick Vila says:

            The Federal Reserve has lowered interest to stimulate the economy and encourage investment since it was created. Conversely, it has raised interest rates very effectively to reduce inflation. That tool, however, is only one of the components used for economic growth and job creation.
            Obamacare will, in the long run, help reduce the escalating cost of medical care in the United States, will offer an option to companies that cannot afford to offer health coverage to their employees, is an incentive for people who are not yet eligible for MEDICARE to retire early, which creates openings for people seeking employment, a circumstance that helps reduce unemployment.
            No, I don’t get paid for voicing my opinion. I do it because I want to. How about you?

          • BillP says:

            Dominick bikejedi loves to make claims about how bad the economy under Democrats is bad. In a past dialogue with him he claimed that W’s unemployment #’s were reported using the U6 #’s while now the U3 #’s. He stated that W’s U6 #’s averaged 5%, I pointed out how hard that would be since W’s lowest U6 rate was 7.4% in 2/2001 and continued to rise till it reached 14.2% in 1/2009. W’s U3 rate averaged 5.4% (not exactly 5%) for his 8 years with the #’s rising to 7.8%. So the validity of this troll’s numbers are always questionable.

          • Dominick Vila says:

            He is not the only one. The GOP response to the dramatic reduction in employment is to deviate from the official U3 method used by the Bureau of Labor Statistics to determine unemployment levels during the past several decades, and use instead the U6 method, which includes part time workers seeking full time employment to determine unemployment levels under President Obama.

          • BillP says:

            What’s sad is that they contend that President Obama change the UE rate used in reverse, going from U6 to U3.

        • Dominick Vila says:

          I forgot to answer the claim about fewer workers than in years past. There are two important contributors to this issue: a fertility rate of 1.88 births per woman, and a dramatic change in demographics involving an aging population, and many Americans choosing to retire early. The latter is influenced by affluence and, to a lesser extent, the availability of affordable healthcare coverage via the ACA.
          The changes in demographics that should be apparent to everyone are likely to worsen in years to come. The implications of those changes go well beyond statistics showing fewer Americans working. The biggest impact is going to be on social programs, as the contributor-beneficiary ratio approaches the breaking point.

          • bikejedi says:

            Dominick I call BULLSHIT on your attempt at spin . Look all of that spin may twist some other Liberals head who doesnt understand what you are saying but it is not based in fact . The fact of the matter is that fewer Americans are working then the day Obama took office and the Labor Participation rate backs that up because it is at a 36 year low

          • WhutHeSaid says:

            Stop lying. The labor participation rate includes anyone who is looking for a job. If you aren’t looking then you aren’t included. The rate of people not participating isn’t directly related to the job market, and the non-participation rate has been falling for some time.

            You despicable redneck bigots just HATE the fact that Obama has the unemployment rate down to 5.9%. You HATE that Americans are better off, because you HATE for a black man to look good. You don’t care about Americans — just your bitter hate.

            It hurts you to know that Obama has vastly outperformed the last redneck goober in the White House, I know, but I’m afraid that’s just the pain of being a bigot. Democratic administrations historically outperform Republican ones when it comes to the economy.

          • Dominick Vila says:

            The CBO also said that the labor non-participation rate will be reduced significantly by the end of 2017. Blaming Obama for the remaining effects of the Great Recession reflects the desperation of a party with the worst record in history and without a clear vision of the future.
            In any case, the non-participation rate is likely to be caused by unprecedented affluence, and a large number of Americans retiring early thanks to the ACA and their savings.
            What is undeniable is that the unemployment mess that began to spiral in late 2007, is now 5.9% and dropping, and that more jobs have been created during the last 5.5 years than in all Western industrialized nations combined!
            It is not too hard to see why Republicans are desperately trying to find something to demonize. If people wake up and smell the coffee, the future of the GOP would be very much in question.

          • bikejedi says:

            Dom stop spinning …You are going to make yourself dizzy … You Liberals and your Dem heroes Cannot convince America that Obamanomics is working . It may work on low information who are not Tax Payers and have no stake in it but ANY working American is not buying what you are selling on behalf of the Dem Party and Obama .If what you were saying were true then EVERY DEM would be running on the great economy you say exists and they would be running on Obamacare … NONE ARE They are running from it and Obama … Dom the ONLY thing Dems are running on is that false canard of class warfare with the minimum wage which you and I both know will harm the very low information people they are aiming that class warfare campaign at They do however thank you for your cult like defense of them and your parroting of their talking points . They and you know it might sell to the people they don’t educate in their Socialist Public Union Schools ..

          • Dominick Vila says:

            As usual, you respond to facts with allegation of spinning, which is something the GOP has turned into an art form.
            If you want credibility on this issue, you should point out which of our assertions are not true. Here is a short list:
            DOW up from 7,000 to 17,000 points.
            S&P almost tripled.
            GDP the highest in the world
            Unemployment down to 5.9%
            Bankruptcies and foreclosures down.
            Consumer confidence up at 90%
            Deficits down by 2/3
            This is just a short sample of what I have already posted earlier. Please elaborate on how these facts constitute spinning or evidence of propaganda in the Democratic playbook.

          • bikejedi says:

            I gave you plenty of facts and as usual you didnt respond to those … You ” sound “just as infantile and impotent as Jay Carny when all you do is spin and go for talking points .( and no I am not trying to insult you and no I dont think you are infantile just pointing out the way that sounds ). You refuse to even answer in your own head or on this forum my question that if the Dems think the economy is so great why aren’t any of them running on it???? … You know as well as I do that they cant sell that …

            You also dont answer how you can call an economy good when we have the lowest labor participation rate in 36 years … When we have the greatest number and percentage of people dependent on Tax Payer funded hand outs ..By the way the ONLY spending cuts done under Obama were forced by the Republicans and Sequestration ( I give Obama credit for coming up with the plan but he opposed it when it came to putting it into practice ) And we both know that the ONLY reason unemployment is down is because of the Labor Participation rate being at a 36 year low … So please dont spin that as a good thing …

            For once I would love to hear Dom have some intellectual honesty and say…. gee you are right …If the Dems thought they could sell that Obamanomics was working they would all be proudly running on it not running away from him and his policy … Just once

          • Dominick Vila says:

            The fact that Democrats are not focusing on the tremendous economic gains we have made is as perplexing to me as it is to most Democrats. I suspect that Democratic strategists concluded that there is no need to highlight what should be obvious to everyone, and that they concluded that tactics such as the so called “war on women” is a better approach from a political perspective. I think they are wrong, and I am convinced that the war on women tactic is likely to backfire. I also believe that relying on the ability of people to reach rational conclusions based on evidence is a mistake. Persuasive disinformation is often more powerful than the reality that is in front of our own eyes, and the GOP is well aware of that.
            The reason fewer Americans are seeking employment – or working – is in part caused by demographics (an aging population), the effects of a low fertility rate (1.88), and affluence. An unprecedented number of Americans are retiring early as a result of their stock market portfolios or 401k plans being at record highs. The availability of affordable healthcare via the ACA made it possible for many to retire before they are eligible for MEDICARE benefits. This is not a negative, it is a positive, at least for now. In the long run, our demographic changes are likely to cause serious problems, not only insofar as meeting labor demands, but in our ability to sustain our social programs, when the contributor-beneficiary ratio reach the breaking point.

          • bikejedi says:

            Well I can see you are not going to even try to be honest on the topic.. Dom everyone knows you are intelligent so for you to spin and say you’re perplexed gave me the biggest laugh .. I envisioned you at the Podium ala Jay Carny spinning like crazy

          • Dominick Vila says:

            As usual, anything that does not conform with Republican orthodoxy or the GOP campaign rhetoric, regardless of how illogical it may be, is either dishonest or evidence of spinning.
            If Republicans would just wake up from the stupor they are in, if they would just take a moment to consider the strength of the U.S. economy based on real facts, such as our GDP, the stock market, corporate profits, the sharp decline in unemployment, consumer confidence and spending, the current interest rates, low inflation, and the dramatic reduction in deficit spending, they would crawl into a hole in hopes that everyone would forget what happened when Reagan and W were in office, and what is glaringly evident now. Not surprisingly, the only recourse they have is to deny the obvious, spin, and accuse the opposition of doing the desperate attempts they engage in to deflect attention from their record and lack of vision.
            President Obama is one of the best Presidents we had during the last half a century, and so was Bill Clinton.

          • bikejedi says:

            Dom Dom Dom ..I hate to say it but I think it was NO Libtard who pointed out all the times he has had to call you out on lies and now I have to … While some of what you state is true you omit the NEGATIVE reasons behind all of it and how it is NEGATIVELY effecting America The ONLY Americans who are better off under Obama are the top ten percent of income earners ( You know like these evil rich Republicans you all vilify.. people like Evil George Soros John Kerry Mr Pelosi Warren Tax Dodge Buffet and Michael Moore .. wait a minute those are all rich Liberal Dems we cant vilify then can we ? ) Income disparity has grown at its fastest pace EVER in the last five years and it is directly traceable to Obama’s policies favoring the rich . First the ONLY reason the Markets rallied is because of the artificial market bubble the Dems have created using our Tax Dollars to prop up the Markets with the QE Policies of the Fed ( you know this but don’t mention it so you are lying ) this has made the wealthy even wealthier and at the expense of the middle class . Meanwhile the Middle Class is going away thanks to Obamacare . Just a few days ago America’s leading employer joined the ranks of almost EVERY other Co in America announcing that most employees would have their hours cut to below 29 a week as to avoid the Obamacare mandate . It is directly because of the Train Wreck that is Obamacare that we have the greatest number and percentage of Americans working part time jobs . This is also the only reason the job reports have shown increases in employment .. As you need more Part Time workers to cover the work that the Full Time Workers used to do . The Aug Jobs report was a perfect example of this …Buried in that report and purposely not reported on Sheeple news lest they start a sheeple stampede was the fact that we lost 500,000 FULL TIME PAYROLL POSITIONS … Yet they reported 280,000 new jobs created . Real Economists looked at those numbers and found that the 280,000 increase meant that came mostly from the increased number of people hired to cover the Full Time Jobs that were cut to PART TIME JOBS … So I just illustrated that everything you are touting as good under Obama spells doom for the middle class and the economy as a whole .. I also pointed out that NO DEM IS RUNNING ON THE ECONOMY .. your only defense to any of this is that you are perplexed that they arent ??? Dom not everyone in America buys what the Dems are selling especially since the guy at the top is a noted Pathological LIAR .. Not everyone would buy what you tout as progress even on this page where they want to believe .. Let me to clear it up for you .. Unlike the fact that they were able to sell it to you (who wants to believe ) they know AMERICA WONT BUY IT … Because they know Obamanomics has been a dismal failure .. Obama touting the gains to adoring Liberals and Sheeple Media doesn’t change the fact that America isn’t feeling that .. In a poll that came out yesterday 53% of Americans rated Obama’s Presidency as a FAILURE…..( Makes one wonder if the other 47% are paying attention or maybe they are just in the Tank as Romney pointed out … come to thin of it Romney was not only right on Russia but also the economy and the 47% wow what a visionary…meanwhile Obama didn’t even see ISIS coming even thought Bush predicted it in 2007 ) so 53% Dom rate ould like to spin that he is a great President America isn’t buying what you are selling Dom … He has that poor rating even though he has had the most favorable press in History … a Press that doesn’t challenge him nor vetted him …None of this is even up for debate as every poll of his job performance also shows the lowest numbers ever ( lower then Bush and Bush was dogged by Liberal Media )

            So go do your spin I don’t have time to deal with people who cant be intellectually honest with themselves or others nor cant face reality even on the simple stuff like why no Dems are running on the economy or Obamacare … Why cant you just admit that things aren’t the way you are trying to spin them ???? Anyway , I wont be responding to you anymore on this topic

          • Dominick Vila says:

            Make up your mind, Obama is either a socialist or he is a pro-business zealot determined to help the top 10%. He can’t be both.
            I have acknowledged, repeatedly, that an important contributor to our economic recovery is low interest rates.
            As for George Soros and the rest of the wealthy Democrats, you may want to be a little more imaginative. A Republican trying to make a case against Democrats by suggesting that some Dems are wealthy is the epitome of cynicism…and desperation!

          • bikejedi says:

            I think Obama should make up his mind not I . I think with the QE policy he is trying to emulate Reagan but Reagan did it with Tax Cuts … Obama’s top 10% are banking real paper here and that money isn’t being invested in the economy or their companies but rather it is sitting on the sidelines because the Dems change the rules for businesses every day and in every way .. The biggest reason that money is sitting on the sidelines is because business owners are worried about the ramifications of Train Wreck er I mean Obamacare … Did you see what Walmart announced ??? Why don’t you admit it … While Obama was lying about costs going down and keeping your insurance we weren’t lying to you .. Neither did the Tea party you people vilify .. They told you jobs and hours would be cut and costs would skyrocket …and they were right … You should be mad at the people who lied to you

    • highpckts says:

      When this all started the economy gave large companies the perfect excuse to lay off workers due to the recession! As if they needed an excuse but that was the beginning and then they had the ACA to blame for not hiring full time! In the meantime their botom line keeps growing and seeing this as a perfect oppurtunity to keep everyone at partime and hire more people for less pay! Why fix a very lucrative situation. Everyone knows you don’t have to pay part timers a benefits package so there was no incentive for large companies to do so hence lower paid workers. This because of the Bush and Reagan policies which caused the recession in the first place!!

      • bikejedi says:

        You just stated the reason that companies are ONLY hiring Part Time Workers and transitioning Full Time workers to Part Time . ” Everyone knows you don’t have to pay part timers a benefits package so there was no incentive for large companies to do so ? ” Now ask yourself WHO made that policy part of their Obamacare Law ? That would be the Dems .. Now ask yourself why they would put that into their law unless they wanted Companies to do that ? And if it was a mistake why don’t they amend their law ??? The fact they haven’t proves it is purposeful … Now do you understand why Obama ILLEGALLY delayed the Employer Mandate ??? Do you understand how this would of effected Dems up for reelection if everyone was being transitioned to part time at an even faster rate than they are now ??? This is Dem Policy and Dem law … Has nothing to do with Bush .. I cant believe you just tried to blame Bush for Obamacare …I don’t want to poke fun at you but do you understand how foolish that sounds ? Were you just going for a laugh with that ?

        • highpckts says:

          First of all it wasn’t illegal! The House was behind that! You are just devoid of reason! I did NOT blame Bush for the jobs. I blamed Bush for the recession that caused all this to go down! You are denser than a rock! The ONLY reason “some” companies went totally part time is because they, like you, can’t stand this President so rather than raise their prices a nickel, they would rather protest and lay off workers!

          • bikejedi says:

            First off IT WAS ILLEGAL ..Do you know nothing of the Constitution ? A President is not allowed to change written law unilaterally.. If he wanted it changed he should of asked Congress to amend it . He couldn’t wait because he knows that having Companies dropping employee health plans before an election would’ve spelled doom . And NO the reason Companies will drop these plans has nothing to do with ANYTHING other then the way the Dems wrote the law . 1 It is much cheaper to take the opt out then to buy the over priced Obama plans . so they will opt out to stay competitive in GLOBAL market place 2 the law says that you dont even have to cover Part Time workers so why wouldnt Companies do that … Look place the blame where it belongs … ON THE PEOPLE WHO WROTE THE LAW THAT WAY .. Please dont blame Companies who now have to do these things just to STAY VIABLE .. If they dont do it they will lose ground to their competitors and go out of business . You are putting the horse before the cart in your blame game….. think logically and blame those responsible for setting the rules that those Companies have to abide by … They didn’t make those rules the Dems did

          • jmprint says:

            Oh now here is an ethical person,

          • bikejedi says:

            Agreed the framers of Obamacare have no ethics

          • jmprint says:

            Why? Is it because the framers care more about people then money?

          • bikejedi says:

            The framers cared about wealth redistribution for votes. Not about working people they are getting screwed in this and get to pay for all the free plans for the Dem welfare voters

        • jmprint says:

          IT’S CALLED GREED.

    • jmprint says:

      Oh now there’s an original word Train Wreck. I thought you guys wore that word down the last four years. You are stating figures from the walmart camp. They are good at screwing people.

      • bikejedi says:

        Train Wreck is an accurate description and I’m not stating figures from Walmart but they did announce that they were going to cut most workers hours to below 29 to avoid Obamacare .. Please don’t blame Walmart for the way the Dems wrote the law ..Hey but look at the bright side … Obama and Liberals will get to brag about new ( part time ) jobs being created to cover the loss of hours from those transitioned from full time to part time

        • jmprint says:

          And the other bright side for Walmart will be the billions the Walton’s will rake in all while they keep their employees uninsured and under payed. DO you get a cut of the billions the Waltons and the Kocks make? If not why defend.

          • bikejedi says:

            You do realize you are blaming the wrong people right ? It wasn’t Walmart or the evil George World who wrote and devised Obamacare. ..that was turEens and Obama signed his namesake Train Wreck into law. ..Don’t blame Walmart for abiding by the rules the Dems made.. .I mean do all Liberals just use hypocritical logic

          • jmprint says:

            I don’t have issues with the ACA. I do have issues with greed.

          • bikejedi says:

            That is great . Take it up with the people who made the law not those who are obeying it .

  3. Dominick Vila says:

    How to measure President Obama’s contributions to our economy?
    Well, let’s see, the DOW index when he was inaugurated in January 2009 was at 7,000 points, it is now over 17,000. The S&P tripled. Unemployment was at 7.1% and climbing rapidly, it is now at 5.9% and dropping. Bankruptcies and foreclosures were the order of the day, they are back to normal levels. Some of our largest corporations were on the verge of bankruptcy and laying off employees, they are now posting record profits and hiring. Consumer confidence was limited to looking down from the edge of an abyss, it is now at over 90%. Out of control deficit spending has been reduced by 2/3. The incidence of national debt ceiling increases has been reduced to its lowest level since before Reagan’s presidency…and the list goes on.
    President Obama’s record only becomes economic Armageddon in the dead brain of a Tea Party zombie.

    • kenndeb says:

      You really believe everything the regime tells you? The propaganda from the regime is suppose to keep the peons happy in thinking everything is going as planned. Unfortunately, that plan, that agenda, includes turning our country into a communist police state with the Emperor ruling over us. Try looking at other sources other than the approved liberal propaganda sites. You may actually get an education.

      • Grannysmovin says:

        Your confused again. It is Faux News and the GOP that spews propaganda and keeps the rich happy and the old white folks and the dominated women in line. How are we a communist police state? You free to speak your mind, print your thoughts. No one has come and taken your guns away? It is your party that is against minimum wage, against social security and medicare. It is your party that wants to control women’s reproductive and healthcare choices. It is your party that that wants to dictate who can marry who, who can love who. Your party that wants to dictate what Religion is legitimate and what is moral based on their beliefs and force it upon all of us. It is your party that wants to bastardize the Constitution to match their ideology. You need to stop listening and reading only Fox News, Beck, Limbaugh, Alex Jones and Breibart News.

        • kenndeb says:

          You really need to get a grip on reality. It seems that it is the liberals that want to do away with our rights and freedoms. We may not have a soviet style government yet, but all the signs are there, and the regime is quickly moving toward becoming the USSR. Trying to disarm the populous, curtailing free speech, arming government agencies, setting up detention centers, taking on a policy of turning your neighbors and friends because they might be up to something, trying to turn neighbor against neighbor, friend against friend. All this is taking us down the same road that Lenin took his people, when they rebelled against the czars.

          • Grannysmovin says:

            I have a strong grip on reality every day, you are living in a bubble. What signs are there that we are moving toward becoming the USSR.? Who is trying to disarm you? When did they knock on your door to take your guns? You think passing laws for better background checks is taking your guns away? There were citizens from both parties after the Colorado and Connecticut mass shootings asking for limits on magazines/clips and a ban on assault style weapons. Neither prevent you for owning guns for hunting, target shooting or self defense. So again, no one has tried to disarm you. How has your speech been curtailed? Your party is spewing hate, fear, intolerance and everything negative in every speech they give, What detention centers have been set up and where? Again stop drinking the water from Fox News and Alex Jones.

          • Anna says:

            Oh, please. Calm down and stop the hyperbole. Your white knight in shining armor will arrive to save you from yourself one of these days. Is it Jeb? Is it Rand? Go pray somewhere and stop trying to ‘get a grip’ because you don’t know what you’re talking about.

          • highpckts says:

            Certifiable! You seriously need help!!

        • EaglesGlen says:

          Dems spews propaganda and keeps the blacks enslaved on welfare while using illegals to take the jobs from blacks.

      • Dominick Vila says:

        The “regime” has not told me anything. I base my opinions on personal observation, and the information that our institutions of government make available to all Americans, which happen to be the same institutions that provided identical statistics when Reagan, the Bushes and every former president was in office.
        I did live in countries ruled by dictators, and your tendency to use hyperbole to characterize our form of government is nothing short of laughable.

      • Christian says:

        LOL – just like he took away all the guns, turned the country muslim, and was born in Kenya. My education comes from an Ivy League University, not Fox News. So continue to tell yourself you are educated, when in reality you only read what you agree with, and what you don’t is just “liberal propaganda”

        • EaglesGlen says:

          Fact don’t lie to you, people do.

        • kenndeb says:

          Yeah, a liberal ivy league school, no doubt. Berkley perhaps? Not what most would call an education.

          • Christian says:

            I can tell you aren’t the brightest bulb. Berkeley is not an Ivy League, but then again, you aren’t a betrayed Democrat either. Using phrases like “dictatorship” and “regime” to describe your country is a page right of out every racist/hate filled website. You say liberalism is a disease; perhaps, but it is a disease that gave women the right to vote, ended slavery, and is providing marriage equality. No need to say anything, I am sure all three of those things are disgusting to you. And although I did not attend Berkeley, I pretty confident students and alum are much more intelligent than someone who’s education is a Michael Savage book and some Ann Coulter quotes. (Oh, and learn how to spell Berkeley, it isn’t that difficult)

          • kenndeb says:

            Than you so much for proving how superior you think you are. Liberals see to think they know what is best for everyone. “The Giver” was a great example of what one can expect from liberal rule No thought. No free will. “When people are free to choose, they choose wrong.”

          • jmprint says:

            “When people are free to choose, they choose wrong.” And you call our president communist?

      • Whittier5 says:

        What “regime”?? Are you talking about North Korea? Or the Repugs/teawhackos?

      • highpckts says:

        You just can’t deal in real printed, well known, facts can you! You just have to spout your same old tired Emporer stuff with absolutely no facts or anything to prove what you say!

        • kenndeb says:

          Just what facts are you talking about? Those given to you by a regime that has made lying into an art form? These forums are for an exchange of ideas and opinions. If you want facts, you certainly won’t find any here.

      • bikejedi says:

        Talking to these people sometimes is like talking to a brick wall ..

        • kenndeb says:

          It is true. Liberalism is a mental disorder. Hopefully it can be cured, but I fear many on this site are too far gone. Sad.

        • jmprint says:

          Jedi have you found a job yet? Are you still on unemployment? Oh! Wait a minute you can’t be, because the republicans didn’t extend it. Never mind.

          • bikejedi says:

            I am employed .. and paying for all the Public Unions here in the Liberal Utopia of Chicago .. The average Medium Household Income is 47 K here and a lot of those are two income families … Our Public Union members make an average of 85 k before their benefits packages which their neighbor tax payers get to pay for as well …You probably live in a low tax low Public Union State … right

          • jmprint says:

            Yes, I do live in a low public state union. You know jedi there is corruption in any firm, organization, private or governmental, but the unions is what made the middle class, so don’t knock it, embrace it. Your average could be 27k instead of 47k.

          • bikejedi says:

            I knew it. ..Come move up here and see if you feel the same way. ..as for the gains you speak of those were made decades ago by private and trade unions you do understand the difference right ? ? From the way you speak on the issue it sure doesn’t sound like you know. One was created for the rights of workers and the other so Public Union members could collectively bargain against their neighbors.. .you need to stop drinking look ade and learn this stuff

      • jmprint says:

        EVERY TIME I READ YOUR POST MY HEAD SHAKE LEFT TO RIGHT. You are a very sad person, you actually sound more like a tape recorder. People give you facts and you say it comes from the regime. WHY?

        • kenndeb says:

          For the same reason that you and your fellow liberals will not even look at a link or source from any right leaning site. I don’t trust or believe anything that comes from a liberal. They all seem to lie, just as your leader does. You can continue to shake your head or any other body part you wish. It does not change the FACT that what you promote on this site is nothing but regime propaganda, and lies.

          • jmprint says:

            Before the tea party surfaced, (a pursuit from the Kock Brothers) I used to vote for the individual for what he or she stood for, BUT ever since the republican party got completely bought. NOW the only thing that drives me as a person, (forget the liberal tag) is the fact that ANY individual or COMPANY like the Kock brother, Walmart, Hobby Lobby, get to dictate. The only freedom we actually had was to vote, but not anymore. People with money are the only ones that get a say. I have been following the Kock brothers for a long time. Read the article in Rolling Stones by Tim Dickinson he sums most of the corruption and where we are going with these bastards at the realm.

          • kenndeb says:

            Are we ready for an actual exchange without calling each other vile names?? Liberals like to use the Koch brothers as the evil example, but there are many just like them supporting the radical left. The 1% that liberals like to rail against are now mostly liberals. I personally think that both sides are corrupt. Not many of our representatives are working for the people. They are only concerned with keeping their jobs and benefits, and getting reelected. We need to remove all career politicians from office. They no longer reflect what the people want, only their self serving agendas. Americans have allowed this to happen. What we need to do is get back to following the constitution and our laws. We need to find some actual good people to run for office. We haven’t had a good candidate for president for decades. It is always a choice between “Who” and ” Who Cares” we need to do better as a country.

          • jmprint says:

            I don’t like to call people names, I don’t like to judge. The Kock roaches have been around since the 50’s trying to manipulate the republican party, they finally won. I am a very liberated person and if that’s why you have to throw me in the this liberal tag then do so, but this is MY opinion based on facts i have researched through the last ten plus years. At least the democrats are still trying to help those that don’t have and aren’t able. Touche!

          • kenndeb says:

            Perhaps we can just continue to differ in thoughts and opinions without trashing each other? That would be refreshing on this site.

    • EaglesGlen says:

      Dollar has devaluated more than during 11 years of great depression. And DOW index reflects that devaluation.

      • Dominick Vila says:

        A devaluation of the dollar is likely to have the opposite effect to what you are suggesting. The studies conducted by the Federal Open Market Committee about two years ago regarding the potential devaluation of the dollar, and manipulation of interest rates, as tools to reduce unemployment are no longer needed.
        It is true that both Russia and China have been trying to get international consensus to force a devaluation of the dollar, and to stop using the dollar as a benchmark. Their efforts are based on a number of factors, including a lack of a comprehensive strategy to deal with the whopping $126T in unfunded liabilities accumulated, mostly, since the Reagan era (albeit for a short respite during Clinton’s tenure), the negative effects of irresponsible tax breaks, government outlays exceeding revenues, hiding the cost of unfunded wars, and the cost inherent in lending or extending credit at extremely low interest rates. Needless to say, countries like China are simply looking for ways to tilt the balance of balance of payments, and trade, in their favor, and would love nothing more than to replace the dollar with the yuan, even if doing so hurts their large dollar holdings.
        In any case, the dollar remains strong, and since our economic improvements far exceed those of most industrialized nations, a devaluation is unlikely at this point.

        • Whittier5 says:

          The seeming “surge” in US National Debt after 2008 was because Obama un-hid W’s hiding of the incredible Costs of the W Wars in off-Budget accounts.

          • Dominick Vila says:

            You are correct. Obama also had no choice but to spend money to stimulate the economy, had to deal with high unemployment caused by the Great Recession that began late in 2007 (a recession is declared after 3 consecutive quarters of negative growth), and had to put the cost of two unfunded crusades in the budget, where it should have been all along, among other things. Another little tactic that some Republicans use to show a dramatic increase in the national debt since President Obama was inaugurated is the inclusion of the FY09 budget, which was signed by President Bush, and which began at the start of the Federal government fiscal year, October 1, 2008.

        • highpckts says:

          I applaud your efforts to explain, but, I think to the “average” no brain citizen what you say means nothing to them! They would rather rant and rave about how bad this President is than “puzzle” it out for themselves. That’s is too much thinking and involves too many facts which they aren’t used to dealing with!!

      • Dominick Vila says:

        You may want to take a close look at what Republican administrations have done on the issue of dollar devaluations. For starters, take a close look at Reagan’s Plaza Accord in 1985, to deliberately devalue the dollar to help spur exports, and make imports more expensive to convince Americans to buy Made in the USA.
        Not surprisingly, and lacking credible arguments, modern day Republicans don’t hesitate to insinuate that dollar devaluations are the result of failed Obama policies, hoping the naive take the bait. What Republicans supported in 1985 is not viewed as “debasing” the dollar, another demonstration of President Obama’s socialist strategy.

    • Whittier5 says:

      And, he, without “R” help, managed to bend the drunken sailor Spending Curve of W/Darth Dick and SAVE >$5T in Govt funds, which ‘net-out’ against the $17T of Reagan/Bush/Bush National Debt.

      “R” Supply-side economic theories are 180 degrees wrong and will again be the Death of our Economy, if they ever get back in Power.

  4. Kamryn Hermosillo says:

    A fascinating Bloomberg News piece by Thomas Black and Matt Robinson? Really? Thomas Black and Matt Robinson obsequious twerps, at best.
    Vacuous Liberals/Democrats have their heads shoved up Obama’s rectal storage area so far that they will never see daylight again. Obama and Bloomberg BS are consummate anal orifices.

  5. EaglesGlen says:

    Article written by an Obama (paid?) spokesperson? Looks like it. Obama has American citizens paying for Mexico’s illegal operations in America (starting at the border). Obama attempting to overthrow America? Looks like it. If Mexico had to pay for the costs/damages/other inflicted by Mexico’s illegal operations in America, there would be no illegal aliens as there is no profit for Mexico in it.

  6. charles king says:

    One thing I admire our President Obama about is that he introduced the People to Critical Thinking and this is What? management is all about and he got an answer from the People they re-elected him into the office of these United States. The People are getting Wise about their Country and they Who? the Anti-government are, and the People know Who? are peddling the Truths and Who? are peddling the Lies. The VOTE is still Supreme so “do your thing, People” make your country What? it was intended to be. By, For, and Of , All of its People Not some with MONIES, and Greedy Capitalistic Pigs, Non-tax-paying Corporations, Representives Republicans and Democracts Plutocracts in your States governments ETCS…. VOTE their A**** out of office this is your country so take it back and move forward making a better Life fo All of its People. Thank You are the magic words in my book. I Love Ya All. Mr. C. E. KING

  7. Gilbert West says:

    I can’t believe this kind of discussion still goes on. But it is understandable because the white racist power structure has been shown in its bare nakedness. No longer do the masses live under the fiction that only “they” have the answers to how to govern. “They” the racist power structure and their cronies are the very souls who caused the bankruptcy in the first place. It is obvious they did not know what they were doing or just didn’t care. They lost their minds when the Landslide victory of Obama’s candidacy over John McCain was declared… and they and their flunkies in Congress vowed to do everything possible to obstruct and prevent Obama’s chances of success in anything. So petty detail was blown out of proportion to its actual relevance and was trumpeted as a reason to believe that President Obama was a failure. These privileged few, low-life pieces of trash no longer have a curtain to hide behind. Everyone, the world over, can see them for what they truly are. President Obama is without question the greatest President this country has seen since the days of George Washington. He succeeded when the traitors who view themselves as elites actively worked against his every effort to save America from being flushed all the way down the toilet of depression and despair. I have been an active follower of the markets for the past 20 years, reading everything from BARRON’S {so they can’t lie to me about who created the national debt}, Financial Times, Investor’s Business Daily, Wall Street Journal, the Economist, Harvard Business Review, just to mention a few publications… and I recall that just 7 weeks after Obama’s inauguration on January 20, 2009… the DOW bottomed out at 6400!!! So with the brakes having been jammed on, it would take 7 more weeks of downward spiral to slow America’s decline into hell to a stop. From that point on, President Obama, with no help from the Republican Sore-Losers, single-handedly SAVED America from going the way of the Soviet Union! Yet you have the backward, ignorant, flunkies of the privileged, who for no other reason than the President is “Mulatto” accuse him of being a communist, a socialist, a Muslim terrorist, everything their stupid, profane, and often toothless mouths can utter to tarnish the President’s image. Who was it that captured Osama Bin Laden, a CIA-trained freedom fighter/terrorist, who had been terrorizing us for the prior 20 years??? It damn sure as hell was not a drunken republican… no! It was President Barrack Obama!
    How conveniently these mindless trash seem to forget the facts. Now the white, racist, elite, ruling class is embarrassed at how easily and how adroitly, President Obama has cleared the 8-year long wreckage of their “good-ole-boy” administration, and turned this economy around. This heroic effort on President Obama’s part, will no doubt serve to inspire every African American, every Puerto Rican, Native American, that they too could possibly serve in the highest chambers of government… that you need not be an heir of the racist bigots, nor one of their flunkies, in order to qualify yourself for leadership in America. Now, they urge him toward “War.” Why? Because getting bogged down in another war will reverse the gains that we’ve made. It will most likely double the national debt… when you take into account the interest on 30-year treasuries that we would have to pay the Saudis and the Chinese, and they {the elites} won’t look so bad in the pages of history. They could point to Obama and say “See… Look what he did! We were just about to help him when he did that!” That is how a snake and a devil thinks. Denial. No ownership of actions. General Colin Powell said very clearly… “If you break it you own it.” And he didn’t mean ownership in the sense that you put it in a bag and take it home with you… No! He didn’t mean that at all. He meant that you have nobody to blame but yourselves. You own it!!!
    So if the journalist who wrote this piece on President Obama’s perceived place in history could muster just a little more courage, enough to lay the truth out unequivocally… he would better serve his audience. I don’t know what keeps these folks from being decent God-fearing people. What is clear is that they intend to lie and to deceive with their last breath. they should either pitch in and help or get the hell out of the way before history removes them.

    • Whittier5 says:

      Gilbert, your central point is underscored when one analyzes the home States of the teawhackos. With the exception of California and Misery, they mostly come from the Old Confederacy. Misery was a “Border State”, and a lot of dispossessed Confederates moved to CA after Appomattox.

      The ones from Northern States are usually: crazy (King, Bachmann) , dumb liars (Lyin’ Ryan), or dyspeptic.

  8. David says:

    By Mussolini’s definition Obama, like all the Presidents in my lifetime, is a fascist. Mussolini defined fascism as a collaboration between the government and big business to control the economy and the citizenry. Don’t get me wrong I voted for him, am a little disappointed, but I am quite sure we would be in a full blown depression if Romney or McCain were in office. I guess you could argue that Mussolini’s definition is wrong, however I think he knew something about it.

  9. ericlipps says:

    Grading the actual president on what he’s actually done is a lot more complicated. For now, he’s certainly not failing, but otherwise he gets an incomplete.

    Gee, d’ya think? Of course Obama “gets an incomplete”: his time on office isn’t over, much as conservatives wish it were.

    Like any other president, Obama can be judged only provisionally on his record until after he leaves office.

    • Whittier5 says:

      Given that the “R”s have prevented nearly every policiy initiative to correct the major screw-up of the “R”s, how can he ever be judged?

      However, the “R”s (who really aren’t Republicans) can be judged now: F-!

      • ericlipps says:

        I tin historians, in the long run, will be able to take such things into account. My point was that it’s premature to assign President Obama a grade now, before he has even competed his term. Who knows what will happen between now and January 2017?

  10. Whatmeworry says:

    With a real unemployment rate of 23% Barak will go down in history as worse than Carter as president

  11. Whittier5 says:

    First, a question, Jonathon, “Why is everyone who kept a Job during this Wall St bloodspilling, terrified of calling what we of the US and the World have been through, a Great Depression?”

    We are still in the throes of the 3rd Great Republican Depression in 115 years! This one the Great W Depression.

    The aftermath would have taken a generation to work out, as it was. But, because of neo-Repug/neo-Confederate/teawhacko obstructionism and refusal to accept that the policies of the neo-Cons & neo-Repubs were dead wrong, the Economy may never be righted.

    (My differentiation between neo-Repubs (pre-2010) and neo-Repugs (post-2008 stems from the obvious facts that there’s hardly a Real Republican left in the ranks of the Elected. Some might argue Susan Collins, but she rarely votes against the extremist-“right” crazies.)

    Second, Jonathon, Obama is a Conservative, right in between the 2 Bushes … a bit to the Center of W, a bit to the Right of HW.

    The only thing Obama/Democrats have been able to get passed are “R” ideas – including, and especially, ACA, which was fathered by Nixon, Heritage (pre-DeMinted), Newt, W and RMoney, before the Gang of Six presented it to Obama.

    (The real Democratic, Independent and registered Republican choice died in the Senate because Reid knew he couldn’t get 60 votes to bring it to a vote. But, Single-Payer, Universal Healthcare, that the rest of the Industrialized World enjoys, is coming!)

    Time after time, when given a choice, Obama has sided with the “Right” -of-Center and majority of Big Business. Conservative!

  12. N.R.Jothi Narayanan says:

    The best solution to make Mr.Obama to do good service to the nation beyond 2016 is the constitutional amendment of extending the number of presidential terms to a person from two to four.

    • kenndeb says:

      That will be a declaration of war. Many already think that the Emperor will not leave office, but declare martial law over something he created, and taking control of the country by force.

      • jmprint says:

        You show your state of mind everyday, those drugs you take are not working, please be re-evaluated before you hurt yourself or someone else.

  13. Freedom Fighter says:

    Barry Soetoro is a POS-muslim that is against America and everything it stands for.

    Prime example: He has done absolutely nothing to free an American Hero from a prison in mexico but has done everything to free 5 known terrorists back into society and bring back a traitor/muslim terrorist!

    Wake Up America before its to late!

    • MJRinPA says:

      This article was about the economy. Can you comment on that?

    • jmprint says:

      Freedom Fighter, that soldier broke the law, you can’t expect to go into another country with a gun, get caught, and let go just because you served in the military. Your hatred doesn’t inspire anybody on this sight. You need to wake up dude, those guns you so defend will kill you one day.

      • Freedom Fighter says:

        You really wanna go there?? Ok, that POS-muslim/traitor/deserter broke many, many laws but yet that POS-terrorist Barry Soetoro could find time to make deals with terrorists and let 5 well known terrorists go to get this deserters freedom back and then treat him as some kind of hero back home.

        You need to wake up and open your fk’n eyes and for me dying by a gun, it will most likely happen defending this country from people like you but before I’m led away dead, I will have taken many with me!

        • MJRinPA says:

          You have read enough about the topic to know that the President didn’t broker this trade, right? It was a done by the government of Qatar.

        • jmprint says:

          You are a very sick puppy. Making threats, you shouldn’t be making threat on the site it could get you in trouble.

          • Freedom Fighter says:

            That’s not a threat in the least! I’m a Patriot for this country and I will die for it if need be regardless if the enemy is foreign or domestic!

            Maybe you should stand for something once in your life and be a leader, not a follower before this country is lost forever!

          • jmprint says:

            I have NEVER been a follower. That’s why I’m not voting republican. I served in the Army reserves, I can zero in on a target. I have been working since I was 16, never had handouts, pay my taxes and others, self employed for over 34 years, I’m not afraid to die for what I believe in, and I make sure I call out a lie when I see one.

          • Freedom Fighter says:

            Your 2nd sentence already shows what kind of blubbering liberal robot you grew up to be.

            It’s sad this country has fallen as it has due to people like you!

  14. Cade Yaeger says:

    Obama’s really not even that smart. He just reads well off of a teleprompter.

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