Economy Shrinks -0.1%

[deacon blues]

Commerce Department reports the economy SHRUNK in the final quarter of last year. Negative growth!

All of this talk about the economy is making a comeback, that it's improving, that things are good is...............hooey.

Of course we have been trying to warn everyone you can't spend your way out of debt. You can't keep printing money to "stimulate" the economy. You can't keep taxing people, job creators, business owners AND the middle class (we all have seen our take home pay go down as taxes have increased). You can't grow the government with huge takeovers like Obamacare. You can't continue to create uncertainty among the wealthy, the investors, the job creators and expect them to hire more employees, expand their businesses, research and develop new products and grow their business or investments.

This is Obama's economy---blaming Bush, the GOP has a shelf life. At some point our Chief Executive HAS to own this economy and accept responsibility. At some point the buck HAS to stop with him!

It was reported that this is the worst economic recovery in the HISTORY of the US! Horrible!

[odooley6985]

Originally Posted by deacon blues

Commerce Department reports the economy SHRUNK in the final quarter of last year. Negative growth!

All of this talk about the economy is making a comeback, that it's improving, that things are good is...............hooey.

Of course we have been trying to warn everyone you can't spend your way out of debt. You can't keep printing money to "stimulate" the economy. You can't keep taxing people, job creators, business owners AND the middle class (we all have seen our take home pay go down as taxes have increased). You can't grow the government with huge takeovers like Obamacare. You can't continue to create uncertainty among the wealthy, the investors, the job creators and expect them to hire more employees, expand their businesses, research and develop new products and grow their business or investments.

This is Obama's economy---blaming Bush, the GOP has a shelf life. At some point our Chief Executive HAS to own this economy and accept responsibility. At some point the buck HAS to stop with him!

It was reported that this is the worst economic recovery in the HISTORY of the US! Horrible!

Last month we were still operating under the BUSH tax cuts. Also the GOP is fighting him at every turn. So ya. Its Obama's fault.

[Monterrey]

It would not matter for that O slacker, he will never take responsibility for the economy, ever!

Unless it is good!

[odooley6985]

Originally Posted by Monterrey

It would not matter for that O slacker, he will never take responsibility for the economy, ever!

Unless it is good!

Now the Bush tax cuts are gone (not as far gone as I would like), Obamacare is almost fully implemented, and he is in his second term. With all this, weather he wants to admit it or not, the economy is his. It would help if the GOP didnt fight him at every turn.

[scotty]

And unemployment went back up.

They proudly paraded the dropping unemployment during the holidays.

Like the stores that needed extra help were actually going to keep that help.

Oh, and they touted the news release yesterday,

"Personal income rose in December for the first time since 2004"

Ha ha

Today the truth is told.

The numbers show that this was due to people cashing in their dividends, bonuses, and other misc. income before the taxes hit Jan 1.

We are going down folks.

This year is not going to be pretty.

[scotty]

Originally Posted by odooley6985

Now the Bush tax cuts are gone (not as far gone as I would like), Obamacare is almost fully implemented, and he is in his second term. With all this, weather he wants to admit it or not, the economy is his. It would help if the GOP didnt fight him at every turn.

I agree.

It's going to crash.

GOP is just delaying the inevitable.

Wish they would give him his way.

Then his ignorance will be obvious and we can get on our way back to a real recovery.

[deacon blues]

Originally Posted by scotty

And unemployment went back up.

They proudly paraded the dropping unemployment during the holidays.

Like the stores that needed extra help were actually going to keep that help.

Oh, and they touted the news release yesterday,

"Personal income rose in December for the first time since 2004"

Ha ha

Today the truth is told.

The numbers show that this was due to people cashing in their dividends, bonuses, and other misc. income before the taxes hit Jan 1.

We are going down folks.

This year is not going to be pretty.

At some point people with an ounce of grey matter will say, "you know what? I don't think this socialism thingy is a good idea"

[RandyWayne]

Originally Posted by deacon blues

At some point people with an ounce of grey matter will say, "you know what? I don't think this socialism thingy is a good idea"

And yet people still voted for Emperor Palpatine, errrr, I mean Emperor Obama.

[odooley6985]

Originally Posted by deacon blues

At some point people with an ounce of grey matter will say, "you know what? I don't think this socialism thingy is a good idea"

Do you even know what socialism is?

http://www.nytimes.com/2012/07/11/op...ven-close.html

http://www.huffingtonpost.com/2012/0...n_1568470.html

http://www.outsidethebeltway.com/soc...t-a-socialist/

Socialist Party USA Leader: Obama Isn’t A Socialist

“It makes absolutely no sense,” said Greg Pason, national secretary of the Socialist Party USA. Obama’s health care overhaul “is anything but socialist. It’s bailing out for-profit companies.”

If he is a socialist why does no socialist claim him?

[deacon blues]

Originally Posted by odooley6985

Do you even know what socialism is?

http://www.nytimes.com/2012/07/11/op...ven-close.html

http://www.huffingtonpost.com/2012/0...n_1568470.html

http://www.outsidethebeltway.com/soc...t-a-socialist/

Socialist Party USA Leader: Obama Isn’t A Socialist

“It makes absolutely no sense,” said Greg Pason, national secretary of the Socialist Party USA. Obama’s health care overhaul “is anything but socialist. It’s bailing out for-profit companies.”

If he is a socialist why does no socialist claim him?

That's like saying "Unless you are a member of the KKK or the Aryan Nation you are not a racist." Just because ultra socialists think he's not liberal enough for them, any reasonable and honest observer understands that BO is a Big Government, Nanny State, Cradl to the Grave, liberal who embraces many of the same fundamental tenets as classic socialists. Drink the Kool Aid OD, drink the Kool Aid. It contains an ingredient that keeps you blind to the truth and keeps you voting for candidates that promise hope and change but only weaken our economy and erode our Constitutional rights.