Obama The Obama Recovery

Direckshun · 11-07-2012, 06:24 AM

Get used to hearing those words.

The IMF predicted the US is on track for faster and stronger growth than any of our global allies.

Housing has turned around, home values are coming back up.

And when housing turns around, it will be impossible to stop the wave of millions of new jobs.

Consumer confidence is rising and is stronger at this point than at any point of the Obama presidency, and the last year of the Bush presidency.

This has all occured with zero help from the GOP, and it doesn't appear that the GOP is particularly ready to help out the President very much in his second term.

Repeat: this recovery was created almost entirely without Republican assistance.

If this economy is as sturdy in 2016 as people are estimating, and the GOP has continued the obstructionism of the past four years, then another Democratic president seems too reasonable to ignore.

Alright, GOP: you took your ball, you went home. And Americans punished you for it.

Come back to the table.

Make the next four years bipartisan, dare I say, and have a hand in what is sure to be an exciting four years economically.

BucEyedPea · 11-07-2012, 06:24 AM

The Obama recovery is a bunch of numbers and will not last with the taxes that are coming. It's just another bubble, courtesy of Bernanke, being created. Some people never learn.

baitism · 11-07-2012, 06:37 AM

You can't tax your way out of a recession. Even a freshman in college has learned that already.

theelusiveeightrop · 11-07-2012, 06:46 AM

We are one well placed Iranian missile away from global war.

BucEyedPea · 11-07-2012, 06:52 AM

Quote:

Originally Posted by theelusiveeightrop

We are one well placed Iranian missile away from global war.

Please, they don't have a missile delivery system that can reach us and it's not likely they'd start a conventional war.

blaise · 11-07-2012, 08:26 AM

Bad news, Obama not responsible.
Good news, Obama responsible.

Seems like a good deal.

Ugly Duck · 11-07-2012, 08:44 AM

Quote:

Originally Posted by baitism

You can't tax your way out of a recession. Even a freshman in college has learned that already.

Obama is only proposing raising income taxes from the Bush 35% to the Clinton 39.6% on personal income OVER $250,000. The first $250,000 is taxed at the Bush rate, only the amount in excess of $250,000 gets taxed a measly 4.6% higher. That only impacts 2% of the populace, 98% of us would not see any increase. Capital gains would go up from the Bush 15% to the Clinton 20%. He's proposed a 2.5 to 1 ratio of spending cuts to the resulting revenue increases. Do your homework - its hardly a marxist socialist communist proposal to "tax our way out of recession."

BucEyedPea · 11-07-2012, 08:46 AM

Enjoy, the lull before the storm....it is a coming. No matter who won last night.

**Saul Good** · 11-07-2012, 09:16 AM

Quote:

Originally Posted by Ugly Duck

Obama is only proposing raising income taxes from the Bush 35% to the Clinton 39.6% on personal income OVER $250,000. The first $250,000 is taxed at the Bush rate, only the amount in excess of $250,000 gets taxed a measly 4.6% higher. That only impacts 2% of the populace, 98% of us would not see any increase. Capital gains would go up from the Bush 15% to the Clinton 20%. He's proposed a 2.5 to 1 ratio of spending cuts to the resulting revenue increases. Do your homework - its hardly a marxist socialist communist proposal to "tax our way out of recession."

I'm on board.

HonestChieffan · 11-07-2012, 09:20 AM

Quote:

Originally Posted by Saul Too

I'm on board.

Careful what you buy into. Cap Gains increase is on all income levels as is taxes on dividends and interest. The hidden and unspoken tax increases for all.

But after the fiscal cliff battle, dont look for a hell of a lot of good

The_Grand_Illusion · 11-07-2012, 09:21 AM

Quote:

Originally Posted by BucEyedPea

Enjoy, the lull before the storm....it is a coming. No matter who won last night.

Yeah, at least the demoncrats will own this, there will be no excuses. I've had businesses for 2 decades and they have no clue what is coming.

TGI

Brock · 11-07-2012, 09:22 AM

Quote:

Originally Posted by The_Grand_Illusion

Yeah, at least the demoncrats will own this, there will be no excuses. I've had businesses for 2 decades and they have no clue what is coming.

TGI

signed, republicans in 1996.

The_Grand_Illusion · 11-07-2012, 09:23 AM

Quote:

Originally Posted by Brock

signed, republicans in 1996.

Gloat now, soon you will own this.

TGI

BucEyedPea · 11-07-2012, 09:24 AM

The Obama Recovery is a Grand Illusion.

blaise · 11-07-2012, 09:25 AM

The only people calling it the Obama Recovery will be MSNBC and people like Direckshun and cosmo.

11-07-2012, 06:24 AM
Direckshun Black for Palestine Join Date: Oct 2006 Location: Springpatch Casino cash: $1166610	The Obama Recovery Get used to hearing those words. The IMF predicted the US is on track for faster and stronger growth than any of our global allies. Housing has turned around, home values are coming back up. And when housing turns around, it will be impossible to stop the wave of millions of new jobs. Consumer confidence is rising and is stronger at this point than at any point of the Obama presidency, and the last year of the Bush presidency. This has all occured with zero help from the GOP, and it doesn't appear that the GOP is particularly ready to help out the President very much in his second term. Repeat: this recovery was created almost entirely without Republican assistance. If this economy is as sturdy in 2016 as people are estimating, and the GOP has continued the obstructionism of the past four years, then another Democratic president seems too reasonable to ignore. Alright, GOP: you took your ball, you went home. And Americans punished you for it. Come back to the table. Make the next four years bipartisan, dare I say, and have a hand in what is sure to be an exciting four years economically.
Posts: 37,498

11-07-2012, 06:24 AM	#2
BucEyedPea Frazod Loves Hammy Join Date: Apr 2006 Location: None of your business Casino cash: $49098	The Obama recovery is a bunch of numbers and will not last with the taxes that are coming. It's just another bubble, courtesy of Bernanke, being created. Some people never learn. __________________ "In government, the scum rises to the top."~ Hayek
Posts: 46,600

11-07-2012, 06:37 AM	#3
baitism Veteran Join Date: Jul 2005 Location: Kansas City, KS Casino cash: $34171	You can't tax your way out of a recession. Even a freshman in college has learned that already.
Posts: 2,249

11-07-2012, 06:46 AM	#4
theelusiveeightrop 2thdoc Join Date: Oct 2012 Location: Dante's Ninth Circle Casino cash: $22660	We are one well placed Iranian missile away from global war. __________________ "We're both part of the same hypocrisy, senator, but never think it applies to my family."
Posts: 4,557

11-07-2012, 08:26 AM	#6
blaise MVP Join Date: Aug 2007 Location: Plano, TX Casino cash: $212	Bad news, Obama not responsible. Good news, Obama responsible. Seems like a good deal.
Posts: 16,705

11-07-2012, 08:46 AM	#8
BucEyedPea Frazod Loves Hammy Join Date: Apr 2006 Location: None of your business Casino cash: $49098	Enjoy, the lull before the storm....it is a coming. No matter who won last night. __________________ "In government, the scum rises to the top."~ Hayek
Posts: 46,600

11-07-2012, 09:24 AM	#14
BucEyedPea Frazod Loves Hammy Join Date: Apr 2006 Location: None of your business Casino cash: $49098	The Obama Recovery is a Grand Illusion. __________________ "In government, the scum rises to the top."~ Hayek
Posts: 46,600

11-07-2012, 09:25 AM	#15
blaise MVP Join Date: Aug 2007 Location: Plano, TX Casino cash: $212	The only people calling it the Obama Recovery will be MSNBC and people like Direckshun and cosmo.
Posts: 16,705

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