Six Million MORE In Poverty Under BO

[Jermyn Davidson]

Originally Posted by Fionn mac Cumh

What BO specific policies have lead to these people being in poverty?

None of them and honestly, I am not sure what he could do by himself to fix poverty I America. Sometimes, I think that in order for America to remain capitalistic, America needs poor people, poverty, crime.

[Fionn mac Cumh]

Originally Posted by Jermyn Davidson

None of them and honestly, I am not sure what he could do by himself to fix poverty I America. Sometimes, I think that in order for America to remain capitalistic, America needs poor people, poverty, crime.

I want specifics from these GOP people who claim this.

[Jermyn Davidson]

Originally Posted by Fionn mac Cumh

What BO specific policies have lead to these people being in poverty?

[Nitehawk013]

Let's see. He did little to prevent the sequester that killed a lot of Gov/Military jobs. I know. I saw it first hand as a military contractor.

Hmm, his idiotic Obamacare has done nothing but drive up premiums for every single person I know personally. That just hurts the economy with less money in the flow.

His policies INTENTIONALLY (as in, HE admitted to it) were meant to drive up the costs of fuel and energy b/c he is a stupid global warming alarmist. Once again, more money out of every American's wallet to pay for necessities.

His Fed (and GWB's did as well) stalled any real recovery by never raising interest rates when there was genuine upswing in the economy. Thus he inflated the Stock market and banking, but hurt the real value of money in the process.

My god man, what has this idiot done to actually help anything in the economy?

[deacon blues]

Originally Posted by Jermyn Davidson

GWB was President for 7 years prior to the recession, that really was the closest we've come to Depression status since the Great Depression.

There are some who say that his advisors should never have let Lehman Brothers fail.

http://mobile.nytimes.com/2014/09/30....html?referer=

As a country, we are still dealing with the effects of that whole situation-- not just the one decision to let Lehman Brothers fail, but all that was done or not done before that one, economically fatal decision.

It was a very big decision.

People are quoted in the article stating clearly that it was a policy-driven, political decision.

Ultimately, it was the wrong decision.

So funny how after 6 years of president Obama he still gets a pass and Bush gets blamed for the state of the economy. Bush wasn't in office a YEAR in 2001 when a recession hit and he was blamed for it, not Clinton although economists later traced the beginnings of that recession to the last year of Clinton's presidency.

The lack of honesty about President Obama and his abysmal leadership is telling.

But the facts are the facts---this so-called economic recovery is really a huge failure.

[shazeep]

Originally Posted by Fionn mac Cumh

What BO specific policies have lead to these people being in poverty?

QE, QE2, and QE3 were nothing less than stealing money from the treasury, ZIRP and now NIRP steal the money--or i should say 'dollars,' since dollars are not money--from your IRAs and other, municipal, accounts--and the FTAs guarantee that profits by large multinats will be insured by the people, while goods will be produced as cheaply as possible--meaning virtual slave labor.

i don't put this on BO, tho, as i consider him a flunky for the man, like every potus since JFK.