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DIY

By the numbers: President Obama's economy

Uploaded on January 24, 2012

Claims vs Reality video:
http://www.youtube.com/watch?v=nM8Srpu8es8

Top Rated
All Replies
from Hoski wrote 17 weeks 3 days ago

Cooked

-1 Good Comment? | | Report
from PigHunter wrote 17 weeks 3 days ago

Hoski, having trouble facing the truth that you are backing the worst president in history?

0 Good Comment? | | Report
from PigHunter wrote 17 weeks 3 days ago

Here's a video with additional comments about President Obama's economic results:

No-Spin State of the Union:
http://video.foxnews.com/v/1412429186001/no-spin-state-of-the-union/?pla...

+1 Good Comment? | | Report
from Sayfu wrote 17 weeks 2 days ago

Pig...hoski signed a contract a long time ago when he first began paying union dues....through thin, and thinner, he is a lifetime committed liberal.
Hoski has learned to shove facts out of the way like they weren't even there.

0 Good Comment? | | Report
from Hoski wrote 17 weeks 2 days ago

PigHunter,
You preferenced our current and future discussions of most all things where figures are concerned as being cooked, you say your numbers are fact, and I say mine are...kinda pointless to go much further.
You have chosen to accept everything Fox broadcasts as gospel, I have chosen to accept the fact that Fox has openly declared themselves to be a GOP broadcasting entity.
BTW, I watched your ORiely link for about 20 seconds...I noticed that his commentary occurred 1 hour before the President's SOTU.
Pretty convenient.

0 Good Comment? | | Report
from PigHunter wrote 17 weeks 2 days ago

It is obvious you are having trouble in our dialog when you start trying to define me with words such as 'most' and 'everything'. It shows that you have trouble accepting information that doesn't fit with your world view. That's ok, I've dealt with an ex-wife that was like that and understand somewhat where you are coming from. Truth is sometimes hard to face and perhaps you need to ease into it.

In other posts I referenced figures from government sites such as the Bureau Of Labor Statistics (for employment data), the Congressional Budget Office (for last year's accounting of the House Budget), and the White House (for accounting of the President's budget and for historic budget data). Looking at my past posts would clearly show that Fox News is not my only source of data.

0 Good Comment? | | Report
from rock rat wrote 17 weeks 2 days ago

The real numbers for the state of the union

http://www.slideshare.net/whitehouse/state-of-the-union-enhanced-graphic...

0 Good Comment? | | Report
from Dakotah Dan wrote 17 weeks 1 day ago

The unemployment rate in the United States fell to 8.5 percent in December of 2011, the lowest since February 2009. That was after a seasonally adjusted high of 10% in October of 2009. The rate was 7.8% when Pres. Obama was inaugurated, so between then and now the rate has changed 0.7 percentage points. Pres G W Bush was 1st inaugurated with an unemployment rate of 4.2% and left with the rate at 7.8% and the economy was spiralling out of control. Obama's 0.7 point change looks pretty good when compared to W's 3.6 percentage point change to the negative. Give Obama credit for turning this thing around.

+1 Good Comment? | | Report
from Jere Smith wrote 17 weeks 1 day ago

Most of the Rise in Employment in Nov-Dec, is already melting away in Lay offs by the Retail industries, we are back where we were before.

0 Good Comment? | | Report
from Dakotah Dan wrote 17 weeks 1 day ago

"...we are back where we were before." Moishe says, gleefully hoping unempl. negative numbers will continue for another 10 months or longer. "Who cares" he said "As long as I can keep buying gold."

+1 Good Comment? | | Report
from PigHunter wrote 17 weeks 1 day ago

Here's more proof that Obama is the worst president ever...

New-home purchases fall, 2011 worst ever for sales (From the Associated Press)
http://news.yahoo.com/home-purchases-fall-2011-worst-ever-sales-15251587...

"Fewer Americans bought new homes in December. The decline made 2011 the worst year for new-home sales on records dating back nearly half a century.

"The Commerce Department said Thursday new-home sales fell 2.2 percent last month to a seasonally adjusted annual pace of 307,000. The pace is less than half the 700,000 that economists say must be sold in a healthy economy.

"About 302,000 new homes were sold last year. That's less than the 323,000 sold in 2010, making last year's sales the worst on records dating back to 1963. And it coincides with a report last week that said 2011 was the weakest year for single-family home construction on record.

+1 Good Comment? | | Report
from Hoski wrote 17 weeks 1 day ago

PigHunter,
I am constantly amazed by your label as the worst President ever and then trotting out some statistic as proof.
You have yet to dispute the fact that this nation's economy was on the lip of the crapper when Obama was handed the keys.
You clearly acknowledge a highly dysfunctional Congress and yet it magically morphs into Obama's fault.
You and I are well aware that Presidents don't/can't "order" things better. We are both likewise aware of the Senate minority leader's oft repeated mantra concerning his priorities, and our current Squeaker of the House's declaration on national television that compromise isn't a part of his character.
Now if you'd care to discuss the housing issue I'd be glad to oblige. Does it interest you to know that all 50 State Attorneys General have put aside their political affiliation to band together to investigate and prosecute the parties involved with the housing debacle? Would it interest you to know that Bank of America (along with others) have recently offered to settle a minute portion of the ongoing investigation in return for immunity. Does it interest you that also recently officials have rejected BoA's puny offer? I'd say stay tuned...we may yet see some perp walks.
Now, concerning housing sales, does it surprize you that with nearly 1 in 4 mortgages under water that they may be a little difficult to move?

-2 Good Comment? | | Report
from pbshooter1217 wrote 17 weeks 1 day ago

How in the world can you blame Obama for the housing market?
It's the banks' and other financial institutions' fault for issuing sub-prime mortgages. They would issue these loans knowing full well that they wouldn't be able to make payments. With everyone being able to get loans a few years ago, everyone bought houses with the hope of selling them a year or two later to make $50K when they sell the place.
Of course the number of homes being sold would fall when the banks were forced to comply to stricter guidelines making it harder for people to get mortgages, and given the fact that so many people bought houses a few years ago.

+1 Good Comment? | | Report
from pbshooter1217 wrote 17 weeks 1 day ago

Looks like I touched a nerve with someone (I suspect Moishie) but whoever it was couldn't dispute it. lol

+2 Good Comment? | | Report
from PigHunter wrote 17 weeks 21 hours ago

A growing economy is the result of good leadership. Seems we have a lack of both.

0 Good Comment? | | Report
from Sarge01 wrote 17 weeks 21 hours ago

Another one of Obama's energy cabinet loans to a green company goes belly up. The electric battery company ENER1 announced it is going bankrupt. That is okay we have plenty of money to give away.

0 Good Comment? | | Report
from Jere Smith wrote 17 weeks 18 hours ago

Dan, I have bought gold for more than 50 years one ounce a month, I have spent very little of it. If all you whiners had don the same
you would be pretty well off.

0 Good Comment? | | Report
from Dakotah Dan wrote 17 weeks 17 hours ago

And, you prove my point.

+3 Good Comment? | | Report
from Hoski wrote 17 weeks 10 hours ago

Geez Jere,
An ounce per month for 50 years!?!
You must be a gazillionaire.
See? I'm not envious, Congratulations, now pay your taxes.

0 Good Comment? | | Report
from Jere Smith wrote 17 weeks 10 hours ago

Not quite and I am not selling so it's tax neutral, my son is drooling over his expectation of getting some of it , but he won't get much I have a plan to leave most of it to someone else.

+2 Good Comment? | | Report
from Jere Smith wrote 17 weeks 10 hours ago

PB nothing you said bothered me if it had you would have heard from me.

0 Good Comment? | | Report
from rock rat wrote 17 weeks 8 hours ago

Dow jones when Obama took over 7949
Dow Jones today 12,660

+2 Good Comment? | | Report
from Hoski wrote 17 weeks 8 hours ago

Yep, Most here just can't/won't accept the fact the economy is indeed improving, as in stark contrast to when Obama took the helm.
I think I read where the market had gained 60% since his inauguration.

+1 Good Comment? | | Report
from Hoski wrote 17 weeks 8 hours ago

Jere, you impress as being pretty much on the ball most of the time, I suspect you've looked into estate planning...as in avoiding probate?

0 Good Comment? | | Report
from PigHunter wrote 17 weeks 8 hours ago

Rat, you know full well that the Dow dropped throughout 2008 and has just now recovered to the May 2008 level. It's still short of the 2007 high which was above 14k.

Real GDP increased 1.7 percent in 2011 (that is, from the 2010 annual level to the 2011 annual level), compared with an increase of 3.0 percent in 2010.
http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm

Disposable Personal Income has remained flat since Obama became President. However, Personal Savings as a percentage of disposal income has dropped from 5.7% to 3.7%
http://www.bea.gov/iTable/iTable.cfm?ReqID=9&step=1

0 Good Comment? | | Report
from clinchknot wrote 16 weeks 6 days ago

"A good economy is a result of good leadership" That helps to direct congress in the right direction, but it is all about policy. Good policy that allows the market to compete, expand, create wealth in this country is they big key. Right now we are being crushed with socialist regulation, and taxation. You prevent the Keystone pipeline, and what that would create, but instead you create Solyndra that is tax payer funded rather than private funded, and now ENER 1 ? You force GM to create the Chevy Volt? You believe Obama when he makes the trite statement to cover up the wrong direction he, and the left have taken by saying, "all businesses don't succeed, some fail."

-2 Good Comment? | | Report
from PigHunter wrote 16 weeks 3 days ago

http://rpc.senate.gov/public/index.cfm?p=PolicyPapers&ContentRecord_id=8...

He's making it worse. Since his inauguration:
- The number of Unemployed Americans is up by 1.1 million
- The unemployment rate is up 9%
- Gas prices are up 83%
- The Federal debt is up 43%
- The debt per person is up $13,963
- The Misery Index is up 47%
- College tuition is up 25%
- Worker Health Insurance Costs is up 23%
- Food Stamp recipients are up 45%
- The number of Americans in Poverty is up 6.4 million
- Home values have dropped 13%

-1 Good Comment? | | Report
from rock rat wrote 16 weeks 3 days ago

I don't know how to put this Pig Hunter but I'm just not 100% sure that the Republican Policy Committee is the most unbiased source. Without going to the specifics of the numbers I'd say there are more believable places to look. I mean they did spend a trillion on a fake war right? Remember tax breaks would make jobs and balance the books?

I'm reluctant to say this but the Republicans just don't have the best track record with thing economic (and don't trot out Sayfu's 101 please) Two great depressions, do we really have to wait for strike #3?

+1 Good Comment? | | Report
from Sayfu wrote 16 weeks 3 days ago

Rat..
Start with a lie, then build on it? lol! No fake war. Libs voted for it, and DEMANDED it in their speeches. And yes, hindsight tells us tax breaks do create robust economies, and lots of jobs...called expansion. Want the books balanced cutback on SPENDING not spend the additional revenue you receive from the cuts! End Bush tax cuts, and this economy tanks further. And if Obama is lucky enough to have the Supreme Court repeal ObamaCare...a huuuuuuge tax on business, then the economy might recover enough for him to get re-elected. But it will have to happen very soon.

0 Good Comment? | | Report
from Hoski wrote 16 weeks 3 days ago

Don't know why someone would ding ol' Moishe for his views on where to leave his shiny stuff upon his departure, (not too soon I hope) but I negated at least one of em.
I'm quite sure in this country one is permitted to bequeath to whomever one wishes.

+1 Good Comment? | | Report

Post a Reply

from Dakotah Dan wrote 17 weeks 17 hours ago

And, you prove my point.

+3 Good Comment? | | Report
from Jere Smith wrote 17 weeks 10 hours ago

Not quite and I am not selling so it's tax neutral, my son is drooling over his expectation of getting some of it , but he won't get much I have a plan to leave most of it to someone else.

+2 Good Comment? | | Report
from rock rat wrote 17 weeks 8 hours ago

Dow jones when Obama took over 7949
Dow Jones today 12,660

+2 Good Comment? | | Report
from pbshooter1217 wrote 17 weeks 1 day ago

Looks like I touched a nerve with someone (I suspect Moishie) but whoever it was couldn't dispute it. lol

+2 Good Comment? | | Report
from Hoski wrote 17 weeks 8 hours ago

Yep, Most here just can't/won't accept the fact the economy is indeed improving, as in stark contrast to when Obama took the helm.
I think I read where the market had gained 60% since his inauguration.

+1 Good Comment? | | Report
from Hoski wrote 16 weeks 3 days ago

Don't know why someone would ding ol' Moishe for his views on where to leave his shiny stuff upon his departure, (not too soon I hope) but I negated at least one of em.
I'm quite sure in this country one is permitted to bequeath to whomever one wishes.

+1 Good Comment? | | Report
from Dakotah Dan wrote 17 weeks 1 day ago

The unemployment rate in the United States fell to 8.5 percent in December of 2011, the lowest since February 2009. That was after a seasonally adjusted high of 10% in October of 2009. The rate was 7.8% when Pres. Obama was inaugurated, so between then and now the rate has changed 0.7 percentage points. Pres G W Bush was 1st inaugurated with an unemployment rate of 4.2% and left with the rate at 7.8% and the economy was spiralling out of control. Obama's 0.7 point change looks pretty good when compared to W's 3.6 percentage point change to the negative. Give Obama credit for turning this thing around.

+1 Good Comment? | | Report
from Dakotah Dan wrote 17 weeks 1 day ago

"...we are back where we were before." Moishe says, gleefully hoping unempl. negative numbers will continue for another 10 months or longer. "Who cares" he said "As long as I can keep buying gold."

+1 Good Comment? | | Report
from rock rat wrote 16 weeks 3 days ago

I don't know how to put this Pig Hunter but I'm just not 100% sure that the Republican Policy Committee is the most unbiased source. Without going to the specifics of the numbers I'd say there are more believable places to look. I mean they did spend a trillion on a fake war right? Remember tax breaks would make jobs and balance the books?

I'm reluctant to say this but the Republicans just don't have the best track record with thing economic (and don't trot out Sayfu's 101 please) Two great depressions, do we really have to wait for strike #3?

+1 Good Comment? | | Report
from pbshooter1217 wrote 17 weeks 1 day ago

How in the world can you blame Obama for the housing market?
It's the banks' and other financial institutions' fault for issuing sub-prime mortgages. They would issue these loans knowing full well that they wouldn't be able to make payments. With everyone being able to get loans a few years ago, everyone bought houses with the hope of selling them a year or two later to make $50K when they sell the place.
Of course the number of homes being sold would fall when the banks were forced to comply to stricter guidelines making it harder for people to get mortgages, and given the fact that so many people bought houses a few years ago.

+1 Good Comment? | | Report
from PigHunter wrote 17 weeks 3 days ago

Here's a video with additional comments about President Obama's economic results:

No-Spin State of the Union:
http://video.foxnews.com/v/1412429186001/no-spin-state-of-the-union/?pla...

+1 Good Comment? | | Report
from PigHunter wrote 17 weeks 1 day ago

Here's more proof that Obama is the worst president ever...

New-home purchases fall, 2011 worst ever for sales (From the Associated Press)
http://news.yahoo.com/home-purchases-fall-2011-worst-ever-sales-15251587...

"Fewer Americans bought new homes in December. The decline made 2011 the worst year for new-home sales on records dating back nearly half a century.

"The Commerce Department said Thursday new-home sales fell 2.2 percent last month to a seasonally adjusted annual pace of 307,000. The pace is less than half the 700,000 that economists say must be sold in a healthy economy.

"About 302,000 new homes were sold last year. That's less than the 323,000 sold in 2010, making last year's sales the worst on records dating back to 1963. And it coincides with a report last week that said 2011 was the weakest year for single-family home construction on record.

+1 Good Comment? | | Report
from Jere Smith wrote 17 weeks 1 day ago

Most of the Rise in Employment in Nov-Dec, is already melting away in Lay offs by the Retail industries, we are back where we were before.

0 Good Comment? | | Report
from Jere Smith wrote 17 weeks 18 hours ago

Dan, I have bought gold for more than 50 years one ounce a month, I have spent very little of it. If all you whiners had don the same
you would be pretty well off.

0 Good Comment? | | Report
from Jere Smith wrote 17 weeks 10 hours ago

PB nothing you said bothered me if it had you would have heard from me.

0 Good Comment? | | Report
from Hoski wrote 17 weeks 2 days ago

PigHunter,
You preferenced our current and future discussions of most all things where figures are concerned as being cooked, you say your numbers are fact, and I say mine are...kinda pointless to go much further.
You have chosen to accept everything Fox broadcasts as gospel, I have chosen to accept the fact that Fox has openly declared themselves to be a GOP broadcasting entity.
BTW, I watched your ORiely link for about 20 seconds...I noticed that his commentary occurred 1 hour before the President's SOTU.
Pretty convenient.

0 Good Comment? | | Report
from Hoski wrote 17 weeks 10 hours ago

Geez Jere,
An ounce per month for 50 years!?!
You must be a gazillionaire.
See? I'm not envious, Congratulations, now pay your taxes.

0 Good Comment? | | Report
from Hoski wrote 17 weeks 8 hours ago

Jere, you impress as being pretty much on the ball most of the time, I suspect you've looked into estate planning...as in avoiding probate?

0 Good Comment? | | Report
from Sarge01 wrote 17 weeks 21 hours ago

Another one of Obama's energy cabinet loans to a green company goes belly up. The electric battery company ENER1 announced it is going bankrupt. That is okay we have plenty of money to give away.

0 Good Comment? | | Report
from Sayfu wrote 17 weeks 2 days ago

Pig...hoski signed a contract a long time ago when he first began paying union dues....through thin, and thinner, he is a lifetime committed liberal.
Hoski has learned to shove facts out of the way like they weren't even there.

0 Good Comment? | | Report
from Sayfu wrote 16 weeks 3 days ago

Rat..
Start with a lie, then build on it? lol! No fake war. Libs voted for it, and DEMANDED it in their speeches. And yes, hindsight tells us tax breaks do create robust economies, and lots of jobs...called expansion. Want the books balanced cutback on SPENDING not spend the additional revenue you receive from the cuts! End Bush tax cuts, and this economy tanks further. And if Obama is lucky enough to have the Supreme Court repeal ObamaCare...a huuuuuuge tax on business, then the economy might recover enough for him to get re-elected. But it will have to happen very soon.

0 Good Comment? | | Report
from rock rat wrote 17 weeks 2 days ago

The real numbers for the state of the union

http://www.slideshare.net/whitehouse/state-of-the-union-enhanced-graphic...

0 Good Comment? | | Report
from PigHunter wrote 17 weeks 3 days ago

Hoski, having trouble facing the truth that you are backing the worst president in history?

0 Good Comment? | | Report
from PigHunter wrote 17 weeks 2 days ago

It is obvious you are having trouble in our dialog when you start trying to define me with words such as 'most' and 'everything'. It shows that you have trouble accepting information that doesn't fit with your world view. That's ok, I've dealt with an ex-wife that was like that and understand somewhat where you are coming from. Truth is sometimes hard to face and perhaps you need to ease into it.

In other posts I referenced figures from government sites such as the Bureau Of Labor Statistics (for employment data), the Congressional Budget Office (for last year's accounting of the House Budget), and the White House (for accounting of the President's budget and for historic budget data). Looking at my past posts would clearly show that Fox News is not my only source of data.

0 Good Comment? | | Report
from PigHunter wrote 17 weeks 21 hours ago

A growing economy is the result of good leadership. Seems we have a lack of both.

0 Good Comment? | | Report
from PigHunter wrote 17 weeks 8 hours ago

Rat, you know full well that the Dow dropped throughout 2008 and has just now recovered to the May 2008 level. It's still short of the 2007 high which was above 14k.

Real GDP increased 1.7 percent in 2011 (that is, from the 2010 annual level to the 2011 annual level), compared with an increase of 3.0 percent in 2010.
http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm

Disposable Personal Income has remained flat since Obama became President. However, Personal Savings as a percentage of disposal income has dropped from 5.7% to 3.7%
http://www.bea.gov/iTable/iTable.cfm?ReqID=9&step=1

0 Good Comment? | | Report
from Hoski wrote 17 weeks 3 days ago

Cooked

-1 Good Comment? | | Report
from PigHunter wrote 16 weeks 3 days ago

http://rpc.senate.gov/public/index.cfm?p=PolicyPapers&ContentRecord_id=8...

He's making it worse. Since his inauguration:
- The number of Unemployed Americans is up by 1.1 million
- The unemployment rate is up 9%
- Gas prices are up 83%
- The Federal debt is up 43%
- The debt per person is up $13,963
- The Misery Index is up 47%
- College tuition is up 25%
- Worker Health Insurance Costs is up 23%
- Food Stamp recipients are up 45%
- The number of Americans in Poverty is up 6.4 million
- Home values have dropped 13%

-1 Good Comment? | | Report
from Hoski wrote 17 weeks 1 day ago

PigHunter,
I am constantly amazed by your label as the worst President ever and then trotting out some statistic as proof.
You have yet to dispute the fact that this nation's economy was on the lip of the crapper when Obama was handed the keys.
You clearly acknowledge a highly dysfunctional Congress and yet it magically morphs into Obama's fault.
You and I are well aware that Presidents don't/can't "order" things better. We are both likewise aware of the Senate minority leader's oft repeated mantra concerning his priorities, and our current Squeaker of the House's declaration on national television that compromise isn't a part of his character.
Now if you'd care to discuss the housing issue I'd be glad to oblige. Does it interest you to know that all 50 State Attorneys General have put aside their political affiliation to band together to investigate and prosecute the parties involved with the housing debacle? Would it interest you to know that Bank of America (along with others) have recently offered to settle a minute portion of the ongoing investigation in return for immunity. Does it interest you that also recently officials have rejected BoA's puny offer? I'd say stay tuned...we may yet see some perp walks.
Now, concerning housing sales, does it surprize you that with nearly 1 in 4 mortgages under water that they may be a little difficult to move?

-2 Good Comment? | | Report
from clinchknot wrote 16 weeks 6 days ago

"A good economy is a result of good leadership" That helps to direct congress in the right direction, but it is all about policy. Good policy that allows the market to compete, expand, create wealth in this country is they big key. Right now we are being crushed with socialist regulation, and taxation. You prevent the Keystone pipeline, and what that would create, but instead you create Solyndra that is tax payer funded rather than private funded, and now ENER 1 ? You force GM to create the Chevy Volt? You believe Obama when he makes the trite statement to cover up the wrong direction he, and the left have taken by saying, "all businesses don't succeed, some fail."

-2 Good Comment? | | Report

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