1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. Discuss politics - join our community by registering for free here! HOP - the political discussion forum

Mass Layoffs Coming under Obama

Discussion in 'U.S. Politics' started by asur, Jun 7, 2009.

  1. asur

    asur New Member

    Joined:
    Feb 3, 2008
    Messages:
    1,100
    Likes Received:
    31
    Trophy Points:
    0
    You aint' seen nothing bad yet.

    It's gonna get bad in the US when citizens see the Obama economic disaster fully develop.

    Real unemployment rate in US is 20% in June 2009.

    Actually, it already is decaying before our eyes, but many are being blinded by liberal news.

    Food riots, tax revolts and job marches are coming.

    Katrina was nothing, try 100 times worse, once the US dollar dies.

    Once their babies bellies go hungry, soccer moms will unite and demand
    jobs and food for their babies.

    But guess what, there is not enough food to feed the US people now, once jobs dry up.

    This is called CHANGE!
     
  2. Pandora

    Pandora Well-Known Member

    Joined:
    Apr 6, 2008
    Messages:
    11,790
    Likes Received:
    257
    Trophy Points:
    83
    Location:
    The people's republic of Eugene
    Things will have to get a whole lot worse before it can get better, just do what you can to prep yourself for it.

    I quit spending money that I did not have to spend and I wont do any vacations that cost much more than staying home. Just do what you can to save back so when the crunch comes it will hurt you as little as possible.
     
  3. PLC1

    PLC1 Moderator Staff Member

    Joined:
    Apr 20, 2007
    Messages:
    9,934
    Likes Received:
    495
    Trophy Points:
    83
    Location:
    The Golden State

    Further, since the recession started before the election happened, it has to be Obama's fault, no question about it.
     
  4. top gun

    top gun New Member

    Joined:
    May 15, 2007
    Messages:
    4,940
    Likes Received:
    34
    Trophy Points:
    0
    Location:
    Ohio, USA

    We've already agreed with you that THE BUSH RECESSION that started long before President Obama was even elected is the worst economic downturn since the Great Depression.

    When somebody sets into motion a country screwing effect like George Bush did it's going to mean hard times until a reversal can take affect.

    Thankfully we have an energetic hard working new President with a great team and a high intellect this time.

    AMERICA AND PRESIDENT OBAMA ARE THE BEST!

    Even this year we vacationed in Jamaica and have already booked a 7 night Carnival Cruise on their new huge 130,000 ton ship the Dream for next spring!!!:)

    [​IMG]

    By the end of 2010 there's going to be a whole lot of things that have moved back up into good positions.

    Write it down... post it on your refridgerator... remember where you heard it.
     
  5. PredFan

    PredFan New Member

    Joined:
    Jun 5, 2009
    Messages:
    121
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Orlando
    Seriously, anyone who claims that Bush caused the recession doesn't know enough about economics to be saying anything at all about it.

    OTOH, Obama CAN make things worse. He can drive companies and jobs away to other countries just by opening his mouth.

    He has done that.
     
  6. asur

    asur New Member

    Joined:
    Feb 3, 2008
    Messages:
    1,100
    Likes Received:
    31
    Trophy Points:
    0
    The problem for Obama is he claimed he would fix the economy.

    That's what he promised while campaigning for president.

    But when we account for the people who have taken part
    time or temporary jobs, or have just stopped looking, the unemployment rate
    in the US has gotten too high, thanks to Obama.
    There is a cliff here.

    So far he has made things worse.
    Yes, just threats about taxing the rich, health care for illegals, having the gov't running the car companies has not been good. The economy or the joke they call an economy now, will not rebound this way.

    It will become apparent soon we were lied to in the US.
    Yes, Caterpillar ain't hiring no more, they are laying off, cutrting hours, etc.

    Remember how Obama bragged how he created and saved Caterpillar jobs.

    No he didn't.
     
  7. PLC1

    PLC1 Moderator Staff Member

    Joined:
    Apr 20, 2007
    Messages:
    9,934
    Likes Received:
    495
    Trophy Points:
    83
    Location:
    The Golden State
    No president is to blame for the recession, nor can the current one fix it.

    The best he could do is the opposite of what he is doing: Let the failing corporations fail, and balance the budget.

    How anyone can say that Bush ruined the economy, but Obama is fixing the economy, when his economic policies are the same as Bush's is beyond me.
     
  8. PredFan

    PredFan New Member

    Joined:
    Jun 5, 2009
    Messages:
    121
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Orlando
    Excellent.
     
  9. top gun

    top gun New Member

    Joined:
    May 15, 2007
    Messages:
    4,940
    Likes Received:
    34
    Trophy Points:
    0
    Location:
    Ohio, USA
    I'm sure President Obama appologises for not completely reversing all the terrible trends that started snowballing under George Bush in his first 150 DAYS... LOL!:D

    Sore looser Republicants are going to be soooo unhappy in about a year when all the indicators are way up.

    We've already seen it in the stock market going back up, and the housing market has bottomed. Chrysler is about to be back and restructured and GM will be too in about 60 days.

    The Stimulus money is just now BARELY starting to trickle into the economy. That with the combination of the other things will start to reverse the unemployment trends. The BUSH RECESSION won't last and President Obama WILL get the credit!:D

    Root against AMERICA if ya like... you will lose every time!

    I love AMERICA!!!
     
  10. foggedinn

    foggedinn New Member

    Joined:
    Apr 23, 2008
    Messages:
    335
    Likes Received:
    8
    Trophy Points:
    0
    It's not just his economic policies that are the same as Bush's. So are his military policies.

    In other words; we're doomed!
     
  11. pocketfullofshells

    pocketfullofshells Well-Known Member

    Joined:
    Jan 17, 2008
    Messages:
    12,009
    Likes Received:
    203
    Trophy Points:
    63
    Location:
    land of 10,000 lakes and 2 senators again
    My god some People are RETARDED .

    Logic escapes you nuts no the right it seems. (at least large amount of you)
     
  12. PredFan

    PredFan New Member

    Joined:
    Jun 5, 2009
    Messages:
    121
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Orlando
    You are correct. People who believe Bush is to blame for the economy ARE retarded.
     
  13. Dr.Who

    Dr.Who Well-Known Member

    Joined:
    Jul 11, 2007
    Messages:
    6,776
    Likes Received:
    251
    Trophy Points:
    83
    Location:
    Horse Country


    Recessions are normal and no president has the ability to stop them or they would not happen. They do tend to last about 2 years and are mild. We will see if this one has repercussions beyond two years, as in a "stimulus package" that hurts the economy for a decade or more.

    There have been more than a dozen recessions since the great depression and this one is not worse than any of them. No matter what objective measure we use to measure this recession there was another that was worse on that measure. Since the great depression there was a recession with worse unemployment. Since the great depression there was a recession with worse poverty. Since the great depression there was a recession with worse misery index. Since the great depression there was a recession with worse GDP. etc.

    I would add that an economic downturn is not as bad as a recession which is not as bad as a depression. And this is most likely an economic downturn and not even a recession.

    I would add also that the quote you are trying to quote is this:

    "The world economy is on track to post its worst performance since the Great Depression,..."

    When it comes to quotes about this downturn most come from the IMF. Most talk about global recessions and since most often a recession in one part of the world is not accompanied by a recession in another part of the world at the same time this one is indeed different in that way. Obviously one president can't cause a world wide recession. It takes many economies to go bad at once for that to happen. And in case you have not heard China is doing great. So don't listen to people who try to tell you that the US recession is bad because the global recession is the worst global recession - that would be comparing apples to oranges.

    Other quotes talk about the US downturn and they all talk about its potential to be bad not about how bad it actually is.

    The truth is that the US economic downturn is not worse than other recessions. And people are out there trying to blow it out of proportion specifically so that later they can magically call it fixed.
     
  14. top gun

    top gun New Member

    Joined:
    May 15, 2007
    Messages:
    4,940
    Likes Received:
    34
    Trophy Points:
    0
    Location:
    Ohio, USA
    People who can't admit that Bush was in full command with both houses of Congress in his hands at the time of the 9-11 terrorist attacks... lied us into Iraq flushing $12 BILLION DOLLARS PER MONTH FOR 7 YEARS... and was the head of the Party of deregulation (Phil Graham being Bush's point man on deregulation) and had the largest economic downturn since the Great Depression (The BUSH RECESSION) happen while he... like it or not... was the President in charge and had his economic policy in place...

    are then I guess... what... in a permanent vegetative state?:rolleyes:


     
  15. top gun

    top gun New Member

    Joined:
    May 15, 2007
    Messages:
    4,940
    Likes Received:
    34
    Trophy Points:
    0
    Location:
    Ohio, USA
    The BUSH RECESSION... the RECESSION that started firmly under George Bush is BUSH'S RECESSION until it rebounds. Bush owns it.

    And it is the greatest economic downturn since the Great Depression.

    And you are correct there have been other smaller recessions and they have worked themselves out in a few year period.


    But they didn't have anything near the banking, real estate/mortgage and entire US auto industry fall near total collapse and also while we were knee deep in 2 wars with all the spending that goes with that.

    But regardless this is ALL good news to me.

    First: Most people do understand just how bad things ended up and this HUGE negative direction was created under George Bush.

    Secondly: The fact most recessions work out on a couple years only gives me encouragement that this one will as well. That's exactly what I want. The BUSH RECESSION to officially end under President Obama.

    That's the goal... it's good for America... and it's GREAT politically for President Obama & the Democratic Party.




     
Loading...

Share This Page