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RSS Report Economic changes since obama took office (view original)
Economic changes since obama took office
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Lord-of-Hunger
Lord-of-Hunger

Obama im proud to say, YOU ARE A PHUCK UP!

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Isimiel Author
Isimiel

XD

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Akalonor
Akalonor

After all he controls the entire economy at will correct? not like anyone else is responsible... AKA its all of our ******* fault so stop blaming him.

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James177
James177

This here is proof that full captialism is the only way.

Oh, and this too,
Truthwinds.com

This is why everything is wrong now.

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Isimiel Author
Isimiel

Agreed

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open_sketchbook
open_sketchbook

*ahem*

3.bp.blogspot.com

Somebody did a damn good job breaking the economy before Obama ever got to it...

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Isimiel Author
Isimiel

lets see the rest of the chart http://media.mcclatchydc.com/smedia/2011/07/15/18/11/RWrEn.La.91.jpg

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open_sketchbook
open_sketchbook

Non-sequitur. Your chart is just about the debt ceiling, an arbitrary borrowing limit. Clinton borrowed a ton of money during his presidency, but promptly turned around and reinvested it into the economy, which is why there was a surplus; the strength of the economy is dictated not by the amount of money but by it's velocity. Any economics student will tell you that you need money to make money, and that borrowing money and spending it on things that will make you money in the long run is how you get rich. Spending money only on the basic necessities means you eventually run out of money. Investing that money into business and infrastructure means that the money you spent comes back to you. This is what Clinton did and what Obama tried to do before the House Republicans got on the kick of voting against even the plans they themselves proposed if the PotUS backed them.

By contrast, the Bushs and Reagan paid for several massive wars/Cold War spending and tax cuts to the wealthy with a Chinese credit card, flooding the market with stagnant money that couldn't be reinvested, causing a market collapse and leading to the current economic woes. Rather than putting the money towards ensuring the health of the populace, the security of jobs, or the creation of public infrastructure that private business could use, he allowed jobs to be shipped overseas because it was a cheaper solution for corporate interests in the short term, though it destroyed the job market in the States, while blowing tax money on military hardware. When you drop a 10,000 dollar bomb, that money is gone for good. When you spend that 10,000 dollars on a road, it opens up new economic possibilities for an area.

I wonder. When Republicans play Sim City, do they just sit on the empty land at the start of the game, staring at their starting funds and thinking about how, if they never spend it, they'll always be rich? 'Cause it's a great strategy, except that at the end of the game, there's still no city.

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Isimiel Author
Isimiel

And the little blue and red bars under the black line is the debt....

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Isimiel Author
Isimiel

+ I never said republicians are fault less they are just the best of a bad situation.

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Akalonor
Akalonor

So lowering taxes for the people who can afford them is now the best thing to do? They keep on arguing and pushing, they never stand back and give someone else a chance to voice their opinion, their fascists.

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James177
James177

Why is this relevant? I was talking about full capitalism, not which president broke it.

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Isimiel Author
Isimiel

Open & I are discussing it however ;)

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S.W.A.T.sniper.50
S.W.A.T.sniper.50

He sure did changed things...

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Yuribeard7
Yuribeard7

This is of course what they tell us. If you do enough research or listen to those who have you will find that the unemployment rate is actually closer to 14%. Yeah, after finding that out my first thought was somewhere along the lines of: O_o

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open_sketchbook
open_sketchbook

Unemployment has always been nearly double the reported number due to the way it's recorded by your government. It's not a new thing with the Obama administration.

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Isimiel Author
Isimiel

open why are you on the american group where not on the canadian group the the best of my knowledge

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D.6
D.6

Wow that was alot of talk about partisan crap. Lets just face it, both parties have messed up because they will not do the hard things that might not get them re-elected. Also im sick of every president blaming it on the person before him, it accomplishes nothing. We should just try to fix the economy soon before it blows up instead of issuing blame to former presdidents.

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Isimiel Author
Isimiel

agreed both are like children constently pointing and saying HE DID IT why the nation falls down around them

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Isimiel Author
Isimiel

site bugged and wont let me delete ><

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Cpt.Dann
Cpt.Dann

This was not Obama's fault, it's the mess that Reagan started and Bush continued. They spent years trying to make this kind of mess and now Obama is stuck with all the cleaning, the federal debt was too high to use money to make any highly funded campaigns.

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Akalonor
Akalonor

Can someone please take this down? This is just hateful to the country's leader. (I never thought I'd have to ask for 2 pics be taken down from the same page.)

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