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Old 06-25-2014, 07:36 AM   #1
cutthemdown
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Default Obamas trying to hide economy in a freefall

http://www.foxnews.com/us/2014/06/25...s-shrinkage-2/

Hell 3% in one quarter lol. ****ing ridiculous. One more bad quarter and we are in a recession. Obama's recession, Obama's screwed up middle east, Obama's scandals at home with IRS and the VA.

Oh but it's all conservative propaganda right?

The U.S. economy shrank at 2.9 percent annual rate in in the first quarter, a far more alarming downward pace than announced in two previous government estimates, according to the Commerce Department.
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Old 06-25-2014, 12:38 PM   #2
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Let's deflect the horrid economic contraction with more global warming lies and LGBT permissives. That's our president!

Good job to all those who voted for this guy (once or twice).
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Old 06-25-2014, 12:43 PM   #3
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we should cut taxes and reduce regulations. right?
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Old 06-25-2014, 12:44 PM   #4
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Let's deflect the horrid economic contraction with more global warming lies and LGBT permissives. That's our president!

Good job to all those who voted for this guy (once or twice).
don't worry, the GOP is helping by focusing on scandals and plans to sue the prez. that'll get the good ol economy going...
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Old 06-25-2014, 01:10 PM   #5
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Obama's GDP numbers would be much worse if he didn't change the way it was calculated. Imagine what it would be like without a zero interest rate policy for his entire presidency, while printing $1T every year?
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Old 06-25-2014, 01:16 PM   #6
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Obama does the same thing in every area of his presidency. He just let's things unfold without caring, if it works out he takes credit, if it doesn't he blames Bush. Too bad most things don't work out and he blames Bush.
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Old 06-25-2014, 01:19 PM   #7
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How soon you right-wing nut jobs forget...
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File Type: png Screen Shot 2014-06-25 at 1.18.29 PM.png (89.7 KB, 96 views)
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Old 06-25-2014, 01:23 PM   #8
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Quote:
Originally Posted by cutthemdown View Post
Obama does the same thing in every area of his presidency. He just let's things unfold without caring, if it works out he takes credit, if it doesn't he blames Bush. Too bad most things don't work out and he blames Bush.
or cold weather, or his appointees, or tea partiers, or returning military, or corporations, or the Washington culture, or Fox news, or the Chinese, or the Founding Fathers, or Congress, or America herself. Oh, and the one he's sure to use for the 3% contraction of the economy--Europe.


ETA: How could I forget that darn anti-Islam you tube movie?

Last edited by Smiling Assassin27; 06-25-2014 at 01:26 PM..
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Old 06-25-2014, 01:35 PM   #9
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The Bush economy had to deal with real problems like the housing prices plummeting and bailing out the banks. Those problems can't be all Bushes fault though because the roots were laid down before he got became President. He also dealt with a little thing called 9-11. Obama's problems are his own doing.
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Old 06-25-2014, 01:36 PM   #10
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Wait until the election and Hilliary drops the bomb Obama told her to say the video caused the attack. Hilliary refused and sent out a lackey to do it instead.
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Old 06-25-2014, 01:41 PM   #11
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Quote:
Originally Posted by cutthemdown View Post
The Bush economy had to deal with real problems like the housing prices plummeting and bailing out the banks. Those problems can't be all Bushes fault though because the roots were laid down before he got became President. He also dealt with a little thing called 9-11. Obama's problems are his own doing.
Good grief.
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Old 06-25-2014, 01:43 PM   #12
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Oh yeah good grief! you think things like a 9-11 don't hurt an economy? don't blame a war but go ahead and blame a cold winter.

Holy cow it's like bizzaroland.
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Old 06-25-2014, 01:48 PM   #13
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Oh yeah good grief! you think things like a 9-11 don't hurt an economy? don't blame a war but go ahead and blame a cold winter.

Holy cow it's like bizzaroland.
Whose fault was it that the housing market took a dump? ...and bailing out the banks, gee, how did that happen?
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Old 06-25-2014, 02:08 PM   #14
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Let's see, what would the Right Wing House allow this president to do to address economic issues...

Extend unemployment insurance?
Nope
Reinstall Glass/Steagle regulations of Wall Street and the Banksters?
Nope
Raise taxes?
Nope
Change some trade deals?
Nope
Overhaul health care?
Nope

In fact, since 2007 the Republicans have filibustered 500 bills, most of which were geared toward relieving economic pressure on the middle class.



Thanks! Obama!
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Old 06-25-2014, 02:16 PM   #15
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Quote:
Originally Posted by cutthemdown View Post
The Bush economy had to deal with real problems like the housing prices plummeting and bailing out the banks. Those problems can't be all Bushes fault though because the roots were laid down before he got became President. He also dealt with a little thing called 9-11. Obama's problems are his own doing.
Those problems can't be all Obama's fault though because the roots were laid down before he got became President. [sic]

Why do you give Bush a pass but hold Obama responsible for everything that was ****ting the fan in Jan 2009?

9/11 had almost no impact on the national economy.
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Old 06-25-2014, 02:36 PM   #16
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one only needs to look at the repub congress poll numbers
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Old 06-25-2014, 02:38 PM   #17
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Those problems can't be all Obama's fault though because the roots were laid down before he got became President. [sic]

Why do you give Bush a pass but hold Obama responsible for everything that was ****ting the fan in Jan 2009?

9/11 had almost no impact on the national economy.
thanks Obama!

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Old 06-25-2014, 03:02 PM   #18
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Hopefully it doesn't hit bush levels, like '08. Worst economy since the depression.
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Old 06-25-2014, 03:48 PM   #19
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Quote:
Originally Posted by cutthemdown View Post
Oh yeah good grief! you think things like a 9-11 don't hurt an economy? don't blame a war but go ahead and blame a cold winter.

Holy cow it's like bizzaroland.
Ted Cruz destroyed that excuse in one tweet:

Quote:
Senator Ted Cruz @SenTedCruz 7h
Q1 GDP fell 2.9%, Obama Admin blames winter. But 85 winter was also historically cold & Q1 GDP grew 4% http://www.miamiherald.com/2014/06/2...-steep-29.html #ReaganvObama
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Old 06-25-2014, 03:50 PM   #20
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Until our govt changes the foreign corp tax rate we are screwed. We need revenue from the overseas profits.
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Old 06-25-2014, 03:51 PM   #21
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Bush had the biggest attack on us soil since Pear Harbor, you know a real excuse for a bad economy.

Obama blames things like the cold and Bush lol.
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Old 06-25-2014, 04:02 PM   #22
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Whose fault was it that the housing market took a dump? ...and bailing out the banks, gee, how did that happen?
More Democrats than Republicans voted for the bailouts.
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Old 06-25-2014, 04:02 PM   #23
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Quote:
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Bush had the biggest attack on us soil since Pear Harbor, you know a real excuse for a bad economy.

Obama blames things like the cold and Bush lol.
So you think the 2 unfunded wars had nothing to do with Bush??

Seriously, the partisan bull**** around here is knee deep.

Also your thread title is nonsense. There is no 'free fall,' though there's still a distance to go and HTF is Obama trying to hide the economic performance?? He can't.

Quote:
But economists said more recent unemployment, manufacturing and service sector data all pointed to a sharp turnaround in the second quarter.

Analysts have forecast the economy could bounce back by as much as 4% in the second quarter.

Stuart Hoffman, chief economist at PNC Financial, said: "We have ample evidence that the first quarter was just a temporary setback for the economy, and we are climbing out of the hole in the current quarter."

Mark Zandi, chief economist at Moody's Analytics, said: "We should have a much better second half this year and a much better 2015 than 2014."

Jason Furman, chairman of the Council of Economic Advisers, said: "The recovery from the great recession, however, remains incomplete, and the president will continue to do everything he can to support the recovery, either by acting through executive action or by working with Congress on steps that would boost growth and speed job creation."

Last week, the US Federal Reserve cut its growth forecast for 2014 because of the harsh winter weather.

The central bank is now predicting growth of between 2.1% and 2.3% for this year, down from its March forecast of 2.8% to 3%.
http://www.bbc.com/news/business-28012760
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Old 06-25-2014, 05:01 PM   #24
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Bush got attacked he had to go to war. He isn't a p***Y like Obama. Iraq was stable until Obama decided to waste all that taxpayer money by pulling out.

Bush had Katrina, 9-11, things that really impacted the economy.
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Old 06-25-2014, 05:10 PM   #25
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Quote:
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Bush got attacked he had to go to war.
Against Iraq, which had nothing to do with 9/11.

Quote:
Originally Posted by cutthemdown
He isn't a p***Y like Obama. Iraq was stable until Obama decided to waste all that taxpayer money by pulling out.
The stupid, it burns.

Quote:
Originally Posted by cutthemdown
Bush had Katrina, 9-11, things that really impacted the economy.
Comments like yours show that the depths of dumb are reachable. Regularly by you.
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