President Obama Vows to Do ‘Whatever It Takes’ to Grow Economy

The president WANTS to do what HE thinks it will take to grow the economy. Thank God the House is under control of the Republican party. He’d add trillions and trillions more to our debt if he still had the majority in both the House and Senate. Problem? One doesn’t grow the economy by growing government. It doesn’t work. It won’t work. It has never worked. It won’t work for Obama just because he thinks he’s all that. He’s clueless on our economic system, the market-based economy and the role of government. He’s all about campaigning and thinking everyone is too stupid to know what’s happening to this country.

Our economy is where it is at because the nation lost millions of manufacturing based jobs over the past decade. Those “MADE IN AMERICA” manufacturing jobs serve as “nucleus” jobs for so many other service sector jobs which, in one way or another, tie back to “production”/”manufacturing” based jobs. For every manufacturing job created, there are AT LEAST 2.5 jobs created in the broader service-based sectors of the economy, which means that for every manufacturing job lost, AT LEAST 2.5 jobs are lost in the broader service-based sectors of the economy.

During the 8 years from January 1987 to January 1995, Democrats controlled both house of the U.S. congress, and during these 8 years, “MADE IN AMERICA” manufacturing Jobs went from 17,465,000 manufacturing jobs (January 1987) …to … 17,261,000 manufacturing jobs (January 1995). A mere loss of 204,000 (204 “thousand”) MADE IN AMERICA Manufacturing Jobs during these 8 years when Democrats controlled both houses of congress.

Then, in January 1995… LOL! … Republicans, like Rick Santorum, took over both houses of the U.S. congress for OVER the next decade, until January 2007 (Santorum was in the Senate from January 1995 to January 2007)… and what happened to MADE IN AMERICA manufacturing jobs during this decade? The numbers went from 17,261,000 manufacturing jobs (January 1995)…
…to … 14,009,000 manufacturing jobs (January 2007). A LOSS of 3,252,000 (“3.3 MILLION”…LOL!) “MADE IN AMERICA” manufacturing jobs during this decade when Republicans controlled both houses of the congress.

We didn’t get in this mess overnight. When all those manufacturing jobs went away over that “LOSS decade”, all the service Industry sector jobs that tied back to them were soon to follow and go away also. This is EXACTLY what our country has experienced over the past decade.

During the 8 years that the last Republican, i.e., George W. Bush, was in the White House, the USA had net annual LOSSES of “MADE IN AMERICA” manufacturing jobs EVERY SINGLE YEAR, totaling to 4.6 million manufacturing jobs lost between January 2001 to January 2009.

And what has happened since President Obama took office?
In 2010… For the first time since Bill Clinton, the USA had an annual NET GAIN in MADE IN AMERICA manufacturing jobs equal to +109,000.

And, in 2011… For the first time since Bill Clinton, the USA, AGAIN, had an annual NET GAIN in MADE IN AMERICA manufacturing jobs equal to +225,000.

Slowly but surely, those 4.6 million manufacturing jobs lost under G.W. Bush are coming back. I’d rather have annual NET GAINS in the manufacturing sector of employment (which add AT LEAST 2.5 service sector jobs for every 1 manufacturing job created) …. versus the annual NET LOSSES in manufacturing jobs that we experienced under a Republican being in the White House (George W. Bush).

anyone who thinks one party got us into this mess or that one party will get us out of it is living in the dream world.

Obama vows to grow the economy. Like Solyndra and (what’s the name of the latest ‘Green’ filing for bankrupcy?)? Like dragging his feet on the Keystone pipeline? Like issuing fewer drilling permits and taking months longer to grant the drilling permits that they end up granting? Like being pro-regulation (40,000 regulations of all sorts went into law Jan 1), but what good did the old ones do to stop fiascos like Jon Corzine (big Obama friend and fund raiser) and MF Global .

How long has he been promising this and not delivered? All Obama did was take us to a path of h*ll. Now he’s promising it again just before the elections. He needs to go!

A little late (as in, a lot late) with the promises and “vows”. Just more hot air from this pathetic failure, the community organizer in chief, Obama.

Thanks once again for the same old spam spin, Georgie Bushie. Still have the fastest increase in the debt in our history under Obama, and we still have the highest amount of debt in our history under Obama. Once again, much more cowbell needed. LOL.

Mary Bruce wrote:”The declaration came just days after Obama defiantly bypassed Senate Republicans to install Richard Cordray as the nation’s top consumer watchdog.”
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More like unlawfully bypassed the Constitution. I guess its good to be the emperor.
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Furthermore, the actual legislation for the CPB specifically states that Cordray HAS to be confirmed by the Senate.
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Instead of cutting and pasting oBama white house press releases, one of you so-called news reporters ought to read this relevant section (its actually very easy to find, look at section 1066 and 1011) and question oBama and the Democrats about this.

Mary Bruce wrote:”The declaration came just days after Obama defiantly bypassed Senate Republicans to install Richard Cordray as the nation’s top consumer watchdog.”
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More like unlawfully bypassed the Constitution. I guess its good to be the emperor.
Posted by: Melon Collie | January 7, 2012, 9:45 am.

I suppose you were equally as outraged when GW Bush appointed John Bolton to the United Nations as a recess appointment. And I’m sure you screamed bloody murder the other 170 times he used recess appointments to install judges and agency heads. Right?

@ a cynic
.
Congress SAID it was in session. Congress has the authority to make its rules. That great constitutional authority oBama decided that he can declare whether Congress is in session or not. You want to throw out which President appointed who, or how many, as a distraction because you can’t defend THIS unlawful action.

This is a joke right?

@ a cynic

Congress SAID it was in session. Posted by: Melon Collie | January 7, 2012, 10:02 am.

Poppycock! A couple Congressmen gaveled in and out in 30 seconds and conducted no business. That is not “Congress in session”. They did it SOLELY to stop the president from exercising HIS Constitutional right to make recess appointments. This is as obvious as the unrelenting hatred of Obama from the Right. Let ‘em try and challenge the president legally on this, they will lose face as well as the case if they do. And they KNOW it. Watch – they’ll huff and they’ll puff, then they’ll drop it like yesterdays lunch.

Obama says he is going to keep doing whatever it takes. If that is the case then don’t look for much change this year. This man needs to take a permanent vacation back to his pals in Chicago.

This is a blatant campaign puffer from democrat reporter Mary whatever here. Rather then discussing his fail lame duck presidency, this is a list of excuses and notes scribbled down after lectures to the press. Why do you think Obama no longer takes any questions from the press? If that was a Republican they would be screaming, but they keep their seats, shut up and hope to their adoration will be returned with a sexy smirk. Everyone should keep this piece handy and see how Mary’s submissive political writing style varies next February. ….beyond pathetic – this corruption is an effort to help get the worst president in a hundred years re-elected!!

OK, this is the third time this week Mary Bruce has used her article to gleefully repeat the Obama talking points. How is that considered “Political Punch”. Read the comments posted by readers. Maybe 1 out of 5 supports this article.

That’s it for me. Three times in one week I’ve viewed an article by this journalist that looks like it was released by the White House. That is not journalism. You lost me forever.

“Following the better-than-expected December jobs report…” ————— Baloney. Why is 200,000 jobs better than Biden’s promise of “250,000 to 500,000 new jobs per month” …..Posted by: Logicsgood5 | January 7, 2012, 9:52 am.

Ummm, you DO know there is always a difference between campaign promises and actual results, right? I mean, this isn’t something new in politics. As usual, the Right is trying to hold the President to impossibly high standards that they NEVER EVER expect from their own Party. And that they never ever demand or get from their own Party either.

X Republican, sure it easy to see what factors have created Obam’s record spending. The failed stimulus nobody read. Cash for Clunker joke. Cash for appliances fiasco. Handing out loans to failed business such as Solyndra although we all know they were for political paybacks.How about the foreclosure joke on us? Record foreclosures last year wasn’t it? It all adds up to lots of money and lots of costly failures. The economy will run it’s course, Obam wanted nearly another half trillion for his jobs act. He should thank the house for not giving it to him to waste and take them to dinner for saving him from himself.

The President has been spending all his tenure caring for the and abating the mess of the previous administration on top of dealing with new problems, the problem that was inherited from the previous administration was huge and very very problematic, the spontaneous new problems are an Obstacles that has only slowed us down from resolving the ever present old problems, So considering the Problems that this President start out with and new one that are spontaneous or created, I would say President Obama has done a very good job considering all the facts.

I don’t suppose that Nafta, signed by Clinton and giving China most favored trading status had anything to do with jobs sent abroad? Posted by: david | January 7, 2012, 10:55 am.

What a surprise, another stunningly ignorant Right Wing post about NAFTA. The NORTH AMERICAN Free Trade Agreement has nothing to do with China. China is not part of North America. NAFTA was created and championed and pushed for hard by Bush Senior. He even did a ceremonial signing of the treaty with his Canadian and Mexican counterparts a month before he left office. The only reason he didn’t sign it into law himself was that Congress wasn’t done crossing the t’s and dotting the i’s on the actual legislation.

“headed in the right direction”

gasoline is twice as expensive as it was, electricity rates 30% higher , groceries higher because of energy cost and if you own a home it is more than likely worth 20% less than what it was. Then add 6 trillion then you have to ask yourself how can anyone say we are heading in the right direction?

How does one get one of those free Obama phones?

Whenever some says he’ll do “whatever it takes”, he’s being dishonest to the point where he no longer sees that he’s lying.

“Do whatever it takes”? O.K…. Resign

If the President realizes that he is President of a representative democracy instead of a dictator he would begin trying to work with our elected representatives instead of trying to dictate!

Mr President please don’t pee on my leg and tell me that it is raining!!

Nothing has changed: Obama still sucks. It will be a true pleasure and necessity to vote him out of office in November.

“They really don’t have much to run on.”
Posted by: elephant in the room
Laughable nonsense, especially considering that Obama has nearly no positive record to run on at all.
Just failures and fiascos and corruption to defend against.

DEANBOB: 5T Where did you get that number? He has had 2 budgets. he’ll be on 3. And debt and deficit are two totally different animals. Interest rates are a huge part of the problem. And GWB is still the biggest spender in a single year. Tax revenues coming in to cover the spending is an issue also, notice last year in GWB’s term substantial amount of tax revenues decreased from year prior. Actually you need to understand the difference between spending and revenues coming in. President Bush is still the biggest spender in a single year. If one year I have a debt of a 100 dollars and make 75 to cover it and another year I have a debt of 100 only make 50 dollars to cover it, of course my debt is going to be higher the next year. Why do you folks try to assume we haven’t had elementary school math or that we failed it?

OBAMA VOWS TO “DO WHATEVER IT TAKES” TO GROW JOB KILLING GOVERNMENT

“ROFL!!!”
Posted by: Emerald_Sparks
Wow.. Is it really that funny that I “misspelled” my own name, actually just a typo. Glad you’re so easily entertained, and that you can pretend your own stale spin so easily and completely. Now that cracks me up a bit. LOL.

Here’s to laughing at dimwits and lightweights, including the “lady” from KY and the histrionic teen girl, green sparkler. Obama is toast in November either way.

Obama has had a rough time mostly of his own making, but as an older gay man who recieves government assistance, I’ll be voting for him no matter what.

“What happened to “Together we stand, Divided we fall”?”

You can’t stand together with people who think you’re not really an American if you disagree with them

Lexington Lady …” he just needs 4 more years to get into a good groove and get all his bigger government programs in place.”—— yeah right, that groove will lead to a deep irreversible abyss

Just as i was saying. We have let them devide us. Republican vs. Democrat. Is anything getting done. No they are fighting against each other and we have played it just like they want.

Think Senate. Fire Harry Reid.—–Don’t you get tired of repeating that partisan line over and over ? Fire all the obstructionist TEA idiots and the Grover Norquist pledge signers , they are they real problem in American politics just lately . I like Harry Reid , I’d vote for him forever if I lived in his state. He makes conservatives run around screaming like their hair is on fire . That’s a good thing IMO.

“Just as i was saying. We have let them devide us. Republican vs. Democrat.”
Posted by: Crazyace
Just the usual tripe that sounds nice on the surface and means nothing. And your answer is what? Pretend that real differences don’t exist? Play happy together? Get back to us when you have something pretty darn specific that would really “unify” us.

“I like Harry Reid , I’d vote for him forever if I lived in his state. ”
Posted by: Davem
Well, gotta admire your honesty — you like absolute corruption and absolute partisan gamesmanship.
Few will openly admit that. LOL.

Obama is toast in November either way.—————You conservatives had better start stocking up on kleenex now . I remember when Obama first got elected I couldn’t find tissues anywhere . Lot’s of pouting conservatives bawling like the petulant crybabies they indeed are . Wah wah wah !!! Lol !!

It’s not going to be pretty for the RNC , and it’s nobody’s fault but their own. They hitched their wagon to crazy and stupid and that is never a smart thing .
Posted by: DUSTINADDLER | January 7, 2012, 1:31 pm.

I want a tee shirt with this on it. Perfect description!

LOL at myself. Sorry — I misread some of the earlier posts and came to silly conclusions. Also sorry I got so hopped up about it all. That never looks good, i know.

Uh CRAZYACE, you still can’t answer any of the questions posed to you by Joke On You. In short, you have no real way out or solution yourself, just whining about being “divided”, which is lazy, easy, and very lame.

Davem , I see the troll took umbrage . Oh well . Just shows that the intellectually deficient right wing has to resort to the lowest forms of sophistry and tom-foolery to even appear to be even slightly relevant . Keep playing your games , it’s only making your whole team look even more clearly ike the sophomoric fools and liars that they indeed are .

Come on Davem, just because you don’t like yourself is no reason that we should. Stop being such a blatant loser, lol.

There are still some very naughty secrets to be revealed later. Stay tuned.

Come on Davem, just because you don’t like yourself is no reason that we should.—————Why do all conservatives make statements that sound like they have a mouse in their shirt pocket or something ? “We” ? Are you one of those Sybil freaks , or just another whacko egocentric right-winger who thinks the world revolves around them and their hairy navel ? Either way , the end result is the same , i.e. ignored .

Feels good . ; )
POSTED BY: DAVEM
I doubt your’re feeling all that good, since Obama will quite likely lose. But if what you have in hand is bringing you pleasure then so be it. ; )

WACT1 | January 7, 2012, 10:28 AM, SAID:

“Didn’t he promise to “grow the economy” in 2008? What a friggin loser..”
==============================================
LOL! ….. uhmm, and he is growing the economy…

Here’s the Average Quarterly Gross Domestic Product percent change (in chained 2005 dollars), by the last three Presidents (including Obama), excluding the 1st Qtr of their first year in office (to allow their policies to take effect)…

Clinton (2nd Qtr 1993 to 4th Qtr 2000)… Average = +3.9% per quarter

Bush (2nd Qtr 2001 to 4th Qtr 2008)… Average = +1.8% per quarter

Obama (2nd Qtr 2009 to 3rd Qtr 2011)… Average = +2.1% per quarter

LOL!… you see WACT1, if you did more a little more research and less whining, you’d know this kind of stuff.

I’m voting for Obama , don’t really want to but compared to the alternative there is no other choice. I just can’t vote for a Freddie Mac lobbyist/ liar like Gingrich , a religious fruit like Santorum , a fringe extremist like Paul , or a fip flopper like Romney , who is just Obama-lite anyway . Nope , the stock market is going up , the unemployment picture is slowly turning around , Obama is FINALLY cutting the DoD budget down at least a little , and no, I’m not going to upset that progress by helping to elect some ideological RNC freak who will do nothing but worry about gay rights /DADT / DOMA / abortion / etc while the nation goes to HeII in a handbasket , again . Nope , been there , done that already and NOT going back. Obama gets 4 more years , then let the RNC send out some REAL worthy competition , if they have any that is.

POSTED BY: JO | JANUARY 7, 2012, 1:13 PM 1:13 PM, but its free money, dont you know.

LOL! …. all the Republi-Cretin, right-whiners, out there are absolutely worried because the economy is showing signs of improving in the next year. Part of their “Party First, Country Second” brain-washing.

Think about it this way right-whiners, at your hero’s (Ronald Reagan’s) 36th month in office, he was at “8.3%” unemployment…. LOL!… and Obama is not too far behind him in his 36th month, at 8.5%.

Reagan was re-elected, and so too will be President Obama. I for one am not willing to risk the progress made over the past 36 months, and go back to what we experienced under the last Republican we had in the White House, i.e., a so-called “free-market” Republican (Bush) running around and begging for the federal government to buy up banks because the economy was on the verge of total collapse.

So, the case really is closed. Along with my very helpful mommy, I looked up all those stats, and they be correct. So there. Obama is like…real good.

Conservatives are just whiny poor losers , they got handed an eviction notice for the Oval Office and are still pouting. Well pout , cry , whine , lie , obstruct ,etc. all you want . America is watching a lot more closely now , and not just on FOX . I saw a poll where conservatism fared very poorly in a polled match-up versus “liberalism ” and I was surprised . America is waking up from the La-La make-believe world of Reaganomics and trickle down lies , albeit slowly . A few more years of good sailing due to Democratic legislative initiatives will probably seal conservative’s fate for many years and after several long overdue “shellacking” elections in Congress they’ll just sit in the minority , quietly . One can only hope/ dream ….

Just kidding before. But seriously, don’t hate me because I’m gay. That is very wrong and not PC.

One doesn’t grow the economy by growing government. It doesn’t work.

Posted by: s | January 7, 2012, 7:07 am 7:07 am

In 2011 the country added about 2 million private sector jobs while shedding over 280,000 public (government jobs).

“Following the better-than-expected December jobs report…” ————— Baloney. Why is 200,000 jobs better than Biden’s promise of “250,000 to 500,000 new jobs per month” …..Posted by: Logicsgood5 | January 7, 2012, 9:52 am.

Ummm, you DO know there is always a difference between campaign promises and actual results, right?” — posted by A CYNIC.

Huh? What campaign promise??? Barry and Joe had been at the helm almost a year and a half when we were fed that line of crap. And here we are over a year and a half after that, hearing the “laser focus” garbage again. Yep, they just need 4 more years…..

““Do whatever it takes”? O.K…. Resign.” — posted by SPITTING INTO THE WIND ——————– LOL. Best post on here!!

Thanks, President Obama, for taking over my “top” spot on the list of Worst Presidents of the Last Several Decades. Much appreciated.

Hey, sorry again for getting all worked up and being somewhat histrionic and foolish. This posting means a lot to me.

Posted by: Former President Carter
——————————————–
Thanks for being so generous Jimmy.

But you can’t bother to read the specific sections of the legislation which says that Cordray can’t do squat till the Senate confirms him——–Wrong. He’s appointed , and outside of their sphere of influence now . That was the whole idea to begin with Doofy , otherwise Congress would just neuter it like the conservatives are fighting tooth and nail to accomplish currently , while all that talk about “jobs” was just that , i.e. vote getting hot-air

“He’s doing an excellent job…etc., etc., ….”
Posted by: “Jackie”
That was me, real Jackie. I’m going to fake post some more. Like I said, this posting means a lot to me. Lonely City = Me.

“Thanks for being so generous Jimmy.”
Posted by: George Bush
You’re welcome, but truly, the truth is the truth, and I was just telling the truth.

Why isn’t he impeached?

Posted by: Ann | January 7, 2012, 4:06 pm 4:06 pm

22 straight months of job growth despite the huge debt and economic catastrophe left by the Bush administration. 2 million jobs added in the last year. 400,000 jobs added in the past 3 months. Bin Laden gone. Many al Qaeda leaders gone, etc, etc, etc.

My apologies to all of the Republicans posting here today. I know you would prefer it if I was completely forgotten…..and for good reason….but I have been doing my very best to stay out of sight.

“Not too difficult”

Yes. Exactly as Barry planned it.

POSTED BY: SHALLOW “R’S” ARE FUN TO WATCH | JANUARY 7, 2012, 7:16 AM 7:16 AM, either your living in an dream world or you smocking some good weed.
A CYNIC, so what your saying is that if a democrat makes recess appointments when congress is in pro forma session its ok and right, but republican don’t you dare do it. Senator Obama championed pro forma sessions so Pres. Bush could not appoint anyone, and NEVER did.

FOGGY:”Let us know when you have assimilated the Nov 2010 elections in to your world view.”

Let US know when you have assimilated the fact that since the mid-terms, the ratings of the Tea Party, Republicans, and Congress itself have hit record lows and Republicans in a few states have been RECALLED or targeted for recall by their own electorate.

I actually think the mid-terms wins on the part of the Right (who, FTR, LOST 60% of their races nationwide…a failing grade by any standard) were the best thing that could have happened to Obama; it has given the American people a preview of what a Republican controlled White House and/or Congress would look like in action. It has revealed these people for who they are and who they represent.

By all accounts, the people don’t like what they see.

Hey, sorry again for getting all worked up and being somewhat histrionic and foolish. This posting means a LOT to me. Lonely = me = public confession.

Nothing has changed at all: Obama still sucks. LOL.

NHINDEPENDENT1:”But, rather than focusing on the economy, Obama focused on healthcare. ”

As one Independent to another, if you do not realize that the cost of HEALTH INSURANCE and CARE is one of the largest ECONOMIC issues facing this nation, then you should really get informed.

The U.S. pays the MOST of any developed nation on earth (measured as a percentage of our GNP) on health care but has among the WORST outcomes. The cost of health insurance (and of the care itself) has been rising at many times the rate of inflation for at least a decade, and represents possibly the largest single DRAG on the economy…

Individuals and families who spend as much or more for their health coverage as they do on HOUSING (or any other single expense); businesses for whom health insurance is the single largest expense and who hold off adding jobs as a result; the burden to taxpayers of funding care for the uninsured (and this is also one of the largest factors behind the cost of care; hospitals and providers hiking up the cost to the insured and those who pay out of pocket to try and cover their losses from treating those who can’t pay….why we have $20 aspirins and MRIs which cost twice as much as they do in Japan)

TRILLIONS of dollars which could otherwise be spent in other sectors of the economy and stimulate growth and hiring.

The bottom line is that is it far CHEAPER to simply do what every other developed nation on the planet does and nationalize health care…single payer (which is the ideal solution, but the current “Obamacare” is still a vast improvement over what we have now and a step in the right direction. )

I watched my husband of 23 years, father of my 2 children, die from a genetic condition diagnosed late in life without insurance or the ability to pay for the care he needed to extend his life…he was uninsurable due to his pre-existing condition, on a 16 mth waiting period for coverage through Medicair, despite being on full disability, was not eligible for Medicaid (not being a pregnant woman, fetus, or child), and the care he needed is NOT available at an ER, but must be paid for up-front. He essentially went into the hospital to die, and the cost was written off/passed on to YOU. Yes, people DO die, every day, due to lack of access to health care in this country.

Most Americans AREN’T completely happy with the health insurance/care reforms as they ended up; some because they oppose any government involvement at all (even though many of them are enjoying THEIR “socialized health care” via Medicare) and others because they are disappointed in the all the compromises made in an effort to get it passed over the objections of the Republicans and the industry interests and support SINGLE PAYER/Medicare Part E (for everyone).

But health care IS an economic issue…never doubt it. By tackling it, Obama WAS focusing on the economy, probably in the single most effective way possible.

No country has ever cut its way to prosperity. Spending [including government spending] increases demand; more demand increases economic growth; increasing economic growth is the best way to get out of debt.

Notice how there are very few ‘specifics’ in his speech, just like most of his campaign speeches…still isn’t ‘changing’ things…

Posted by: NHIndependent1 | January 7, 2012, 8:18 pm 8:18 pm

You’re way off base, the stimulus bill was in preparation long before the President took office and was passed and signed into law within four weeks of taking office. The President moved that fast on job creation, and he continued to do more and more as time went by. The results were apparent – within 10 months into his presidency the economy went from losing hundreds of thousands of jobs month after month, to gaining jobs.

Contrast that with Bush after he was elected in 2000. It took 2.5 YEARS for the job loss to stop and for job growth to start again.

Never in the history of this country has a president encountered the number and magnitude of crises this president had to deal with from day one of his administration, both man-made and natural. The fact that we closely averted a depression, I lay at the feet of George W. Bush! Yes….that OLD, but true, story.

The stimulus package, TARP, the bailouts…..were all necessary, if distasteful. Most of the auto industry bailout money has been repaid….and we have a solid, growing auto industry in the USA…where the automobile was invented!! If the GOP had gotten its way, ALL cars would now be foreign!

Every, and I mean EVERY, initiative this president tried to enact was obstructed by a group of racist, pigheaded, small minded repuplicans who couldn’t concede ice in winter to President Obama. Oh yes….racist. The ‘good old boy’ network was circling the wagons; fillibustering, obstructing. where and whenever they could. They couldn’t give credit for anything good to Americas first black President!.

I pray – hard – that the ‘slate’ of current republican ‘candidates’ (a more misfitted, dysfunctional group of losers than you can imagine)….will implode as they try to bring God into the conversation. GOD didn’t make the current GOP; something much more dark and sinister, did.

I wish you all the luck in the world Mr President. I know how hard it has been for you, trying to keep everyone ‘happy’ until after the election. I believe it’s being handed to you on a silver tray.
Please take it and run with it…..I hope you’ll have a Congress that works with you. My gut tells me you will.

With you at the helm, I’m much more optimistic about the future. You’ve been trying to turn a battleship in a swimming pool. It takes time!

“No country has ever cut its way to prosperity. Spending [including government spending] increases demand; more demand increases economic growth; increasing economic growth is the best way to get out of debt.” — posted by LIL HISTORY ——————– Not true – and it’s not that complicated. The money the govt gives to someone must first be taken from someone else. In other words, every dollar the govt spends must first be taken out of the private sector (or borrowed). And that is NIO formula for economic expansion.

NHIndependent1::”In any event, had he focused on job creation, all Americans may have been expected to benefit, and in doing so he would have better united the people, as he promised to do during the election. ”

Reforming health insurance/care is a KEY job creation initiative, as I pointed out.

And further, he HAS focused on job creation otherwise, apparently, since we are pushing 2 straight YEARS of consecutive monthly private sector job GROWTH. What part of that do some not understand? (I know, the part in which Obama appears to have actually done something POSITIVE for the nation…the man could poop gold and cure cancer singlehandedly and he would be attacked by some for undermining the gold market and putting oncologists out of work…Sheez!)

And it’s not HIS fault that he hasn’t been able to unite the nation….Bush pledged the same thing (with a smirk) and then proceded to bully his agenda through and label all critics as terrorists and traitors…our nation is divided and has been for a while. At least Obama has made an EFFORT to compromise (even at the cost of his political creds among his progressive base, who have NOT been pleased by how moderate he has proven to be). I know that’s not the story-line in the Right-wing media. but there it is.

@Ralph – Who is “ultra wealthy” and how much money should the govt “take” from them?

@Ralph – Who is “ultra wealthy” and how much money should the govt “take” from them?

Posted by: Logicsgood5 | January 7, 2012, 11:39 pm 11:39 pm

Start with the fact that the ultra-rich top 1% of Americans own over twice as much wealth as the entire combined wealth of the lower 80% of the people. According to your theory that there is only so much money, figure out what happens when they decide to hoard it.

“If it’s really not true you’ll be able name an example of a country which successfully cut its way to prosperity–but you won’t because you can’t.” — posted by LIL HISTORY

Sure I can. Canada.

And LH if you look at the US, our govt consumed 27% of our economy in the early 60′s vs 37% of our economy today – with over $15 TRILLION in debt togay -, it’s clear that the shell game cannot go on forever. Our financial footing was much better then than now. (BTW – $15 Trillion is 100% of our annual GDP – Are you claiming we can somehow outgrow that debt??) Just as a family or business can temporarily create the illusion of success by reckless borrowing, so it goes with countries. Eventually the day of reckoning will arrive. And that is exactly what has happened in Europe. Europe has no choice than to cut back – their creditors have taken away their credit cards. If the US continues to try to feed it’s bloated, wasteful, inefficient govt by continuing to punish those who are successful, create jobs and spend the most – they will leave. Your approach would allow Europe’s future to be our future.

Ralph – I’ll try again. What is their income, and how much should the govt take from them?

Posted by: Logicsgood5 | January 8, 2012, 12:29 am 12:29 am

Perhaps you could try again. Start with the fact that the ultra-rich top 1% of Americans own over twice as much wealth as the entire combined wealth of the lower 80% of the people.

According to your theory that there is only so much money, what do you think happens when the ultra-rich decide to hoard it?

In terms of financial wealth, in figures from 2007, the top 1% own 42.7% of the financial wealth, the next 19% own 50.3% of the financial wealth, the bottom 80% own 7.0%.

Again, what happens when that top 20% (who own 93% of the financial wealth in the country), hoard their money?

What happens to the country?

If it’s really not true you’ll be able name an example of a country which successfully cut its way to prosperity–but you won’t because you can’t.” — posted by LIL HISTORY

Sure I can. Canada.

Posted by: Logicsgood5 | January 8, 2012, 12:27 am 12:27 am

I beg your pardon?

“Canada’s federal budget deficit triples from last year”
Financial Post Staff Sep 30, 2011

RAVEN: If you get the ‘posting too quickly’ message just refresh the page (you might need to do it two or three times) then you will be able to post again. On this forum format I always copy my post before hitting submit as then I can just paste it back in if I have to refresh the page.

Please don’t vote for Obama just because he’s gay, the man has no idea how to do anything but take multimillion dollar vacations! At least Bush spent almost all his vacations at his Texas ranch,
hardly a $100 million dollar vacation like Obama’s trip to India, while the unemployment numbers are
still well above 8% like he promised they never would be! Its time to “Occupy” the White House with a new president!

Posted by: BIG JIMMY | January 8, 2012, 12:23 pm 12:23 pm; Posted by: drjohn | January 8, 2012, 12:35 pm 12:35 pm

The right wings lies and insults are getting boring. People don’t believe them anymore, especially now that they’re getting to watch the Republican alternatives in action.

“President Obama Vows to Do ‘Whatever It Takes’ to Grow Economy”—-Yada, yada, yada

The President is serious this time , period? The last three years, he and his Solyndra economic -growth-to-no-where has been a failure because of Bush.

The ship is sinking at fast speed and most of the corrupted Chicago gangs have jumped the ship, the President is vowing to stay with his sinking ship.That’s a heroic gesture. Bravo, Mr. President.

This is the same Barack Obama who promised to re-negotiate NAFTA when he ran in 2008…Same one right….He was lying then..Why would we believe him now??

A poster here wrote:

“……People now have seen the Republicans in action again, and they don’t like what they see. Instead the President’s approval rating is on the climb. Look for Republicans to lose many seats in November….”

Really? Where exactly is this climbing approval rating? Hell, even Chris Matthews, Mr “I feel a tingle down my leg” has now called electing Obama a mistake!

Yeah that climbing approval rating……. oh you loony liberal!