This 9.5% unemployment is just more proof that Obamanomics is not
working. The huge stimulus package passed by the Democratic Congress
was obviously a mistake.
Fox New's anchor Sean Hannity is criticizing the the Obama
administration for saying before the
February stimulus package was passed in February that the U.S. economy
was as bad as that of the
Great Depression. Now they are saying that they "misread" the economy.
Do they have a fucking clue
about what is going on?
He promised CHANGE.
There is is.
Yep. We were all employed, and prosperous, just this time last year.
Friggin Obama Depression!
> Fox New's anchor Sean Hannity is criticizing the the Obama
> administration for saying before the
> February stimulus package was passed in February that the U.S. economy
> was as bad as that of the
> Great Depression. Now they are saying that they "misread" the economy.
> Do they have a fucking clue
> about what is going on?
"They"? You mean "Fox News"? They have corporate advisors to tell them what to
believe...
Yeah, Obama's predecessor never bailed out any... Wait!
WASHINGTON (CNN) September 25, 2008 -- U.S. President George W. Bush, saying
"our entire economy is in danger," urged Congress to approve his
administration's $700 billion bailout proposal.
"We're in the midst of a serious financial crisis, and the federal
government is responding with decisive actions," Bush said in a televised
address Wednesday night from the White House.
Bush pointed out that the collapse of several major lenders was rooted in
the subprime mortgage market that thrived over the past decade.
He said passage of the $700 billion bailout proposal was needed to restore
confidence in the market.
"I'm a strong believer in free enterprise, so my natural instinct is to
oppose government intervention," he said. But "these are not normal
circumstances. The market is not functioning properly. There has been a
widespread loss of confidence.
"Without immediate action by Congress, America can slip into a major panic."
What exactly is "umemployment"? Are you telling me 6.8 million Americans
were employed to say the word "um"?
> What exactly is "umemployment"? Are you telling me 6.8 million Americans
> were employed to say the word "um"?
6.8 million americans sitting in the lotus position humming their mantra,
Uuuuuuummmm...
What a heartwarming notion!
What we needed is more of the same! Change is for liberals!
If only Bush was President, or Palin, Or McCain. Live would be a
paradise.
I think the blame should be shared between Obama, Clinton, Carter, LBJ
and FDR.
That's why everybody wants Palin to take over.
>The June monthly claims filed are down but that is explained as a
>fluke caused by changes in the auto
>industry work shifts.
>
>This 9.5% unemployment is just more proof that Obamanomics is not
>working. The huge stimulus package passed by the Democratic Congress
>was obviously a mistake.
Un-huhn. It may very well have been a mistake, although we have no
idea what the unemployment rate would have been without it. Then
again, how long did it take the economy to respond to Reagan's
stimulus? The Reagan boom began in November 1982 more than a year and
a half after he took office. And he had a much less severe economic
situation coming in, in the first place.
>
> Fox New's anchor Sean Hannity is criticizing the the Obama
>administration for saying before the
>February stimulus package was passed in February that the U.S. economy
>was as bad as that of the
>Great Depression.
Actually what Obama said was," the United States is facing its
greatest economic challenge since the Great Depression". So why is he
criticizing them for saying something that is unquestionably true?
> Un-huhn. It may very well have been a mistake, although we have no
> idea what the unemployment rate would have been without it. Then
> again, how long did it take the economy to respond to Reagan's
> stimulus? The Reagan boom began in November 1982 more than a year and
> a half after he took office. And he had a much less severe economic
> situation coming in, in the first place.
And by the time he left office, both parents of the average household had to go
to work to scrape by...