Quick, someone explain to me why Obama has fucked us

  • Thread starter Thread starter Madwolf
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Federal debt vs private debt.

Federal deficits have to make up for decreased spending during economic downturns.

Right now the thing hurting economies the most is that state and local governments aren't spending and are still laying people off.

Governments should cut spending as a % of GDP during economic expansions, especially as social services become less necessary...Unfortunately too many people believe that cutting taxes but not spending during decent economic times is at all logical.
 
Oh the bill for the unemployed and crap. And here I thought you cared for the unemployed.
 
(CNN) -- President Obama signed sweeping health care reform into law Tuesday. The Senate must now pass a package of changes that will reconcile the differences between Senate and House bills. If those changes are worked out, here is how health care reforms will affect you:

Within the first year
 
like i said, i mainly don't blame obama, i blame congress

AZ is just trying to get done what the federal government won't do
 
Not only did I pick fruits and vegetables. I picked them for free so low income people could eat. I would gladly go back into the fields if it meant someone here legally could have a job.
 
You should hate him because when you graduate college, you're going to give a big piece of your paycheck to pay for the insurance he's forced on you.
 
I take it that's a Glen Beck quote. Just wait until he re-arranges the words, and then starts spelling shit from the left overs. We'll find out he's satan's baby too.
 
when nobody spends money, the economy goes to shit. the government borrowed from the future to prevent huge reduction in the economy so that, hopefully, the averted disaster will allow a spring towards economic growth that can compensate for the debt taken out now.

honestly, if the government hadn't acted, the ecnomy would have tanked so horrendously since the fear of financial meltdown was reinforcing itself. the government was the only thing that pulled the economy away from the abyss.
 
If Reagan hadn't started the trend of sending US industry to china so they could exploit the cheap labor, and subsequent republican administrations accelerated the exodus of industry. Many more American would have decent paying jobs and the US wouldn't be in the deficit hole it now is.
 
Haven't noticed anything getting worse. Gas prices went up, but it's summer. Same shit, different day.
 
Prove me wrong....

What was Obama's cronies doing in AZ yesterday while everyone was focused on the gulf oil spill and vacations
 
BTW, it also helps if you name the bill. There are tons of spending bills, I'm not looking shit up by dollar amount.
 
The momentum of the economy is in the opposite direction it was prior to entering office.
 
He'd been in office like 9 months, if you think Obama cause the deficit to triple in 9 months your smoking crack.
 
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