The Obama Economy

[Nierra]

As of January 9th 2015 there are 5 times more jobs under obama than under bush, which is below the average rate over US history.

Real wages are up 1.7 percent

Corporate profits have tripled and my investments have also tripled.

More people have healthcare, and it's more affordable (not the ideal, we should strive for universal but we're getting there!)

Historically low gas prices!

Capitalism under obama is going just fine people, I've yet to see a decent complaint against the Obama economy.

Democrats do capitalism the right way.

What say you nsg, yay or nay?

[Koopaville]

Obama is a Kenyan socialist who does not deserve to be president.

[Nierra]

Obama is a Kenyan socialist who does not deserve to be president.

say it like you mean it!

[Commonwealth of Hank the Cat]

Obama is a Kenyan socialist who does not deserve to be president.

Man, I dun' gree with y'all dun dere. Him dun ain't look white! He's a fascist Muslim communist hippie as well. He dun' takin' our guns away frem us! Dun' you Obama!

[Kvatchdom]

Well, Obama doesn't really control the economy, the Republican-controlled congress does.

[Nierra]

Well, Obama doesn't really control the economy, the Republican-controlled congress does.

If you can name one republican iniative that has genuinly improved the economy I'll accept this. But obamas business friendly and middle class friendly policies are the ones that have framed economic progression

Programs like start up America are the staple of Obama's legacy.

[Norstal]

Well, Obama doesn't really control the economy, the Republican-controlled congress does.

Please, the Republicans only took full control of Congress recently.

[Kelinfort]

Well, Obama doesn't really control the economy, the Republican-controlled congress does.

Hah, the Congress keeps a steady fiscal policy and does little to control the economy. The Fed controls monetary policy, which is far more necessary right now.

[Hladgos]

This is the kind of argument I use when people blame Obama for the high gas prices or loval tax increases.
Obama doesn't have a lever that he pushes to stimulate the economy, it's not that simple. However, his administration may have increased consimer confidence or something, but his actions don't directly affect the GDP. He's influenced it, yeah, but not as much as you think.

[Kvatchdom]

Well, Obama doesn't really control the economy, the Republican-controlled congress does.

If you can name one republican iniative that has genuinly improved the economy I'll accept this. But obamas business friendly and middle class friendly policies are the ones that have framed economic progression

Programs like start up America are the staple of Obama's legacy.

Was simply pointing out that crediting the Democrats for the current economy is false.

[Christainville]

No offense, but no President really controls the economy. They can set their economic laws and ideas, but if the people don't get out and work....its no good. So really the economy. depends on what business and workers do with the economic laws, and sadly no matter the political party, it isn't a whole lot you can do unless you invest something thousands of people invest in, or get born rich. Other then that you will normally always be working for your wage. So, its more Obama's economic ideals, and when ever I talk to real people, both pro Obama, and against him; working class and other wise, from their stories, not a lot has gotten better....about the same since Clinton they say.

[Commonwealth of Hank the Cat]

This is the kind of argument I use when people blame Obama for the high gas prices or loval tax increases.
Obama doesn't have a lever that he pushes to stimulate the economy, it's not that simple. However, his administration may have increased consimer confidence or something, but his actions don't directly affect the GDP. He's influenced it, yeah, but not as much as you think.

Nooooo man! It dun all be Obama thet commie/socialist/muslim/hippie/facist's fault thet Murica' has been ruined! It dun be Obama! Obama ruins Murica'! Don't you dun' know that Obama is secretly a Kenyan spy?! Don't bother dun lookin' at the detailed Hawaiian Birth Cer-tif-icate! Illumnati Kenya lies all the time man.

[Nierra]

No offense, but no President really controls the economy. They can set their economic laws and ideas, but if the people don't get out and work....its no good. So really the economy. depends on what business and workers do with the economic laws, and sadly no matter the political party, it isn't a whole lot you can do unless you invest something thousands of people invest in, or get born rich. Other then that you will normally always be working for your wage. So, its more Obama's economic ideals, and when ever I talk to real people, both pro Obama, and against him; working class and other wise, from their stories, not a lot has gotten better....about the same since Clinton they say.

Things were great for us under clinton, I'll take it. Bush was disastrous for business.

[Koopaville]

Obama is a Kenyan socialist who does not deserve to be president.

say it like you mean it!

Obama has been an absolute disgrace to our foreign relations. He has shamed and spied upon our allies Israel, Germany, Japan, and South Korea among others yet tries to open dialogue with anti-American elements such as the Taliban. He supports America's political enemies, he opposes the business interests of America, and most importantly, he is willing to allow the establishment of an anti-American Palestine in the name of "fairness". Damn right it will be "fair", when millions of Israeli will flee their country when the Palestinians attack them alongside their terrorist partners Hezbollah.

[Fortitudinem]

As of January 9th 2015 there are 5 times more jobs under obama than under bush, which is below the average rate over US history.

Real wages are up 1.7 percent

Corporate profits have tripled and my investments have also tripled.

More people have healthcare, and it's more affordable (not the ideal, we should strive for universal but we're getting there!)

Historically low gas prices!

Capitalism under obama is going just fine people, I've yet to see a decent complaint against the Obama economy.

Democrats do capitalism the right way.

What say you nsg, yay or nay?

That's them warping the numbers.

What defines a "REAL" wage?

We don't care about YOUR investments.

Many people lost and can no longer afford health care or have lost their doctors, many more people than the number that gained healthcare.

That's a lie, I don't see gas at ten cents a gallon, it's still pretty expensive.

Then you only watch liberal talk shows that focus more on selfies and movie stars than real politics.

Democrats make regulations which hurt CAPITALISM, they make National Socialism. They also violate the Constitution.

I say you are incorrect.

[Commonwealth of Hank the Cat]

say it like you mean it!

Obama has been an absolute disgrace to our foreign relations. He has shamed and spied upon our allies Israel, Germany, Japan, and South Korea among others yet tries to open dialogue with anti-American elements such as the Taliban. He supports America's political enemies, he opposes the business interests of America, and most importantly, he is willing to allow the establishment of an anti-American Palestine in the name of "fairness". Damn right it will be "fair", when millions of Israeli will flee their country when the Palestinians attack them alongside their terrorist partners Hezbollah.

When did Obama ever say this?

[Pan-Dymaxis]

As of January 9th 2015 there are 5 times more jobs under obama than under bush, which is below the average rate over US history.

Real wages are up 1.7 percent

Corporate profits have tripled and my investments have also tripled.

More people have healthcare, and it's more affordable (not the ideal, we should strive for universal but we're getting there!)

Historically low gas prices!

Capitalism under obama is going just fine people, I've yet to see a decent complaint against the Obama economy.

Democrats do capitalism the right way.

What say you nsg, yay or nay?

Not one budget proposed by Obama has passed Congress. Voting down Obama budget proposals is one of the few things Democrats and Republicans in Congress readily agree upon, in droves. So, no. Er, WTFLOL no.

[Kelinfort]

say it like you mean it!

Obama has been an absolute disgrace to our foreign relations. He has shamed and spied upon our allies Israel, Germany, Japan, and South Korea among others yet tries to open dialogue with anti-American elements such as the Taliban. He supports America's political enemies, he opposes the business interests of America, and most importantly, he is willing to allow the establishment of an anti-American Palestine in the name of "fairness". Damn right it will be "fair", when millions of Israeli will flee their country when the Palestinians attack them alongside their terrorist partners Hezbollah.

Damn right it's "fair" when millions of Palestinians became refugees and fled their land following the 1948 and 1967 wars.

[Zurkerx]

That's them warping the numbers.

What defines a "REAL" wage?

We don't care about YOUR investments.

Many people lost and can no longer afford health care or have lost their doctors, many more people than the number that gained healthcare.

That's a lie, I don't see gas at ten cents a gallon, it's still pretty expensive.

Then you only watch liberal talk shows that focus more on selfies and movie stars than real politics.

Democrats make regulations which hurt CAPITALISM, they make National Socialism. They also violate the Constitution.

I say you are incorrect.

So the Democrats are Nazis? I didn't realize they were trying to established the Fourth Reich? Heil Obama!

[Diopolis]

I tend to take the view that, due to the inherent flaws of capitalism and the complexity of the political system, it's foolhardy to blame any one person for the state of the economy.
That being said, Obama clearly did something right, even if it involved spending too much time arguing with congress to get anything else done. I say that as a republican voter(although admittedly for social rather than economic issues).

[Galloism]

That's them warping the numbers.

What defines a "REAL" wage?

We don't care about YOUR investments.

Many people lost and can no longer afford health care or have lost their doctors, many more people than the number that gained healthcare.

That's a lie, I don't see gas at ten cents a gallon, it's still pretty expensive.

Then you only watch liberal talk shows that focus more on selfies and movie stars than real politics.

Democrats make regulations which hurt CAPITALISM, they make National Socialism. They also violate the Constitution.

I say you are incorrect.

So the Democrats are Nazis? I didn't realize they were trying to established the Fourth Reich? Heil Obama!

Nazis hated black people.

Obama is therefore self-loathing. He'll rule from a concentration camp.

[Pan-Dymaxis]

Well, Obama doesn't really control the economy, the Republican-controlled congress does.

Please, the Republicans only took full control of Congress recently.

Actually, FWIW, Republicans have been in control of the House of Representatives, where all budgetary spending rules and taxation rules originate, since 2010.

[Father motherland]

No offense, but no President really controls the economy. They can set their economic laws and ideas, but if the people don't get out and work....its no good. So really the economy. depends on what business and workers do with the economic laws, and sadly no matter the political party, it isn't a whole lot you can do unless you invest something thousands of people invest in, or get born rich. Other then that you will normally always be working for your wage. So, its more Obama's economic ideals, and when ever I talk to real people, both pro Obama, and against him; working class and other wise, from their stories, not a lot has gotten better....about the same since Clinton they say.

Well much of the American economy is regionally diversified. If you talk to ordinary people in Alabama their experience and local economy is vastly different and may see no improvement while biotech industry in the North East and the silicon valley giants are doing better than ever. US manufacturing will no longer be a thriving sector in the American Economy meaning that large areas, particularly in the Mid West are going to fall on harsh times and will need to adapt. This is not helped by the continued appreciation of the dollar which favors imports and harms exports. Next presidents can have a large affect on the economy if they can get congress to agree. While I agree with what someone else said earlier that the Federal Reserve through monetary policy is the most effective tool to right the economy and solve positive and negative output gaps by controlling liquidity, congress can and has in the past increased government spending or implement subsidies to in effect jolt cash into the economy to boost consumption and investment.

In conclusion, the actions by President Obama and the former democrat controlled congress to pass the stimulus package was crucial to mitigating the crisis and preventing a whole scale crash. As a result the US was one of the fastest countries to recover and is still the strongest economy in the world. Would a budget crunching republican have done the same thing?

[Pan-Dymaxis]

So the Democrats are Nazis? I didn't realize they were trying to established the Fourth Reich? Heil Obama!

Nazis hated black people.

Obama is therefore self-loathing. He'll rule from a concentration camp.

Obama is no Nazi. The Nazis hated smokers.

[Diopolis]

No offense, but no President really controls the economy. They can set their economic laws and ideas, but if the people don't get out and work....its no good. So really the economy. depends on what business and workers do with the economic laws, and sadly no matter the political party, it isn't a whole lot you can do unless you invest something thousands of people invest in, or get born rich. Other then that you will normally always be working for your wage. So, its more Obama's economic ideals, and when ever I talk to real people, both pro Obama, and against him; working class and other wise, from their stories, not a lot has gotten better....about the same since Clinton they say.

Well much of the American economy is regionally diversified. If you talk to ordinary people in Alabama their experience and local economy is vastly different and may see no improvement while biotech industry in the North East and the silicon valley giants are doing better than ever. US manufacturing will no longer be a thriving sector in the American Economy meaning that large areas, particularly in the Mid West are going to fall on harsh times and will need to adapt. This is not helped by the continued appreciation of the dollar which favors imports and harms exports. Next presidents can have a large affect on the economy if they can get congress to agree. While I agree with what someone else said earlier that the Federal Reserve through monetary policy is the most effective tool to right the economy and solve positive and negative output gaps by controlling liquidity, congress can and has in the past increased government spending or implement subsidies to in effect jolt cash into the economy to boost consumption and investment.

In conclusion, the actions by President Obama and the former democrat controlled congress to pass the stimulus package was crucial to mitigating the crisis and preventing a whole scale crash. As a result the US was one of the fastest countries to recover and is still the strongest economy in the world. Would a budget crunching republican have done the same thing?

Considering that such an election would likely preclude the TEA party, quite possibly. People tend to forget that the bailout was republican legislation.