Back to SoWal Lounge

Is Everybody Really Worse Off? Certainly not...

LuciferSam avatar
Banned
3,443 views
Interesting article about who has gained and who has lost during the duration of the Obama administration.


The unemployment rate was 6.9 percent when Obama got elected. It's 9.6 percent now. America has lost nearly 5 million jobs over the last two years. The economy is supposedly recovering, yet the huge stimulus plan from 2009 hasn't accomplished what Democrats said it would. Many Americans worry that prosperity is gone forever.

But the whole country isn't down and out, and if Obama were to ask voters if their lives have improved over the last two years, many could credibly answer yes.



Who's Gained And Lost Under Obama, So Far - Yahoo! Finance

Replies

80
Matt J avatar
SWGB
#52
I did. When you want to have a debate or a discussion in a civil manner without being blatantly nasty, mean-spirited and rude, maybe some more people will engage.

I have no desire, however. Take care.

Don't forget your cross. :wave:
walk the walk avatar
Beach Fanatic
#53
I did. When you want to have a debate or a discussion in a civil manner without being blatantly nasty, mean-spirited and rude, maybe some more people will engage.

I have no desire, however. Take care.
Just remember this board is a utopia for a very,small fraction of a tiny minority.
11-02-10 will be D-Day for these folks.You cannot really blame them,their party had the majority in both houses and the oval office,they have no one to blame but their own vote but instead throw insults and smears of the Tea Party.No results,no ideas just rhetoric and this is why Americans are fed up.
I am taking tomorrow off,do a little fishing,then cast my vote for real change.:clap:
AndrewG avatar
Beach Fanatic
#54
Todays poll showed over 75% of Americans think they're worse off.
Lake View Too avatar
SoWal Insider
#55
Todays poll showed over 75% of Americans think they're worse off.

Are they worse off because of the economic collapse that occurred in 2007 under the former administration and due to the tax cuts for the rich and the unfunded wars in Iraq and Afghanistan? Just curious.
Lynnie avatar
SoWal Insider
#56
Ahhhh, Yes - Y'all have fun!
30ashopper avatar
SoWal Insider
#57
Are they worse off because of the economic collapse that occurred in 2007 under the former administration and due to the tax cuts for the rich and the unfunded wars in Iraq and Afghanistan? Just curious.

Yes, they are worse off than they were in 2007. that's the whole point they're trying to make.

Edited

Lake View Too avatar
SoWal Insider
#58
Yes, they are worse off than they were in 2007. that's the whole point they're trying to make.

So, electing a tidal wave of Republicans, whose only mantra is "tax cuts and deregulaion" is going to solve the problems in the economy? You seem to forget that tax cuts and deregulation during the BUsh administration is what caused the mortgage bubble to burst.
Lake View Too avatar
SoWal Insider
#59
I'm truly not trying to beat the dead horse to death again, I just want to hear one concrete good idea from you about how the Republicans plan to improve the economy. Let me repeat: tax cuts and deregulation do not work. It has been proven. So what is your next idea?
30ashopper avatar
SoWal Insider
#60
So, electing a tidal wave of Republicans, whose only mantra is "tax cuts and deregulaion" is going to solve the problems in the economy?

I have no idea what will come out of this. I don't think the politicians in congress have the nads to do what's needed to be done. It's going to take another major financial crisis, which will probably revolve around our federal debt. That won't happen in the next two years.

I'm truly not trying to beat the dead horse to death again, I just want to hear one concrete good idea from you about how the Republicans plan to improve the economy.

I don't think they will improve things much. That needs to happen over an extended period of time on it's own. They'll just stop the democrats from making it worse. ;-)

Edited

Lake View Too avatar
SoWal Insider
#61
I have no idea what will come out of this. I don't think the politicians in congress have the nads to do what's needed to be done. It's going to take another major financial crisis, which will probably revolve around our federal debt. That won't happen in the next two years.



I don't think they will improve things much. That needs to happen over an extended period of time on it's own. They'll just stop the democrats from making it worse. ;-)

A little simplistic of you to think that the Dems could have an impact, one way or the other, in 20 months, on a problem that Stockman said has been going on for 30 years. This is the legacy of Reaganomics. His own man said so.
AndrewG avatar
Beach Fanatic
#62
Lakeview, clearly the last 20 months things haven't gotten better only worse. 75% of Americans agree as of yesterday (highest since the 70's under Carter).

Ridiculous out of control spending along with a disastrous healthcare law shoved down our throats and you have an incompetent gov't without balance or brakes. There's a total void of competent leadership. the inspirational hope and change platform is very much dead. I want balance restored before it gets worse.

I don't think this election is about new ideas, you'll see those in 2012. It's about repudiating the arrogance and narcissism run amok. You can't not listen to the will of the American people simply because you think the ends justify the means.

On another note it's embarassing that Obama can't give a speech without teleprompters. He appears completely unpresidential. True leaders can speak off the cuff not having to worry about appeasing everyone. This is what made Clinton and Reagan so charismatic.

Edited

Matt J avatar
SWGB
#63
Todays poll showed over 75% of Americans think they're worse off.

Lakeview, clearly the last 20 months things haven't gotten better only worse. 75% of Americans agree as of yesterday (highest since the 70's under Carter).

Ridiculous out of control spending along with a disastrous healthcare law shoved down our throats and you have an incompetent gov't without balance or brakes. There's a total void of competent leadership. the inspirational hope and change platform is very much dead. I want balance restored before it gets worse.

I don't think this election is about new ideas, you'll see those in 2012. It's about repudiating the arrogance and narcissism run amok. You can't not listen to the will of the American people simply because you think the ends justify the means.

On another note it's embarassing that Obama can't give a speech without teleprompters. He appears completely unpresidential. True leaders can speak off the cuff not having to worry about appeasing everyone. This is what made Clinton and Reagan so charismatic.

Can you provide a source for that?
Lake View Too avatar
SoWal Insider
#64
Lakeview, clearly the last 20 months things haven't gotten better only worse. 75% of Americans agree as of yesterday (highest since the 70's under Carter).

Ridiculous out of control spending along with a disastrous healthcare law shoved down our throats and you have an incompetent gov't without balance or brakes. There's a total void of competent leadership. the inspirational hope and change platform is very much dead. I want balance restored before it gets worse.

I don't think this election is about new ideas, you'll see those in 2012. It's about repudiating the arrogance and narcissism run amok. You can't not listen to the will of the American people simply because you think the ends justify the means.

On another note it's embarassing that Obama can't give a speech without teleprompters. He appears completely unpresidential. True leaders can speak off the cuff not having to worry about appeasing everyone. This is what made Clinton and Reagan so charismatic.

I've asked repeatedly on just what the Republicans would do differently if they were voted into office. It has been proven that tax cuts and deregulation don't work. The economic collapse of 2007 under the Republican administration proved that. The bailouts that everybody screams about were initiated by George Bush. The unfunded wars were initiated by George Bush. From your post up above, you're saying the Republicans don't really have any good new ideas but give them the reins anyway? "We'll come up something by 2012". Is this the new Republican rallying slogan?

Edited

30ashopper avatar
SoWal Insider
#65
I've asked repeatedly on just what the Republicans would do differently if they were voted into office. It has been proven that tax cuts and deregulation don't work. The economic collapse of 2007 under the Republican administration proved that. The bailouts that everybody screams about were initiated by George Bush. The unfunded wars were initiated by George Bush. From your post up above, you're saying the Republicans don't really have any good new ideas but give them the reins anyway? "We'll come up something by 2012". Is this the new Republican rallying slogan?

You can make that statement a thousand times, it doesn't make it true. ;-) I'll try to put together a graph of gdp growth and margin tax rates, so we can assess their effect properly.
Lake View Too avatar
SoWal Insider
#66
You can make that statement a thousand times, it doesn't make it true. ;-) I'll try to put together a graph of gdp growth and margin tax rates, so we can assess their effect properly.

Virtually everyone points to the deregulation of the mortgage industry and the unregulated derivitives market, as a prime cause of the collapse. Do you dispute that? John Stockman, a Republican, who is in a position to know about the U.S. buget since he was budget director for Reagan, and still follows it closely, said that the tax cuts implemented by Reagan, and further enhanced by the Bush presidents, have created a false sense of prosperity and economic growth over the last 30 years. I don't know Stockman at all, but if a man comes forward and admits that policies he had a major hand in are partially responsible for the economic collapse, he has my attention and my respect.
30ashopper avatar
SoWal Insider
#67
Virtually everyone points to the deregulation of the mortgage industry and the unregulated derivitives market, as a prime cause of the collapse. Do you dispute that? John Stockman, a Republican, who is in a position to know about the U.S. buget since he was budget director for Reagan, and still follows it closely, said that the tax cuts implemented by Reagan, and further enhanced by the Bush presidents, have created a false sense of prosperity and economic growth over the last 30 years. I don't know Stockman at all, but if a man comes forward and admits that policies he had a major hand in are partially responsible for the economic collapse, he has my attention and my respect.

I agree some legislation passed that allowed banks to over leverage was at fault here. I don't consider this or any other area a "prime cause" however.

I don't know about a false sense of prosperity. I started earning real income in the 90's, those years felt pretty real, and very prosperous. As far as economic growth goes, annual percentage change in gdp growth has been fairly constant over the last 60 years.
AndrewG avatar
Beach Fanatic
#68
Lakeview,

You're wrong. You sound like Al Gore as if you know and it's not worth debating when in fact the opposite is true. Tax cuts create jobs.

Everything is about balance. Tax cuts mixed with limited deregulation is needed now more than ever.

You seem a little frustrated...
scooterbug44 avatar
SoWal Expert
#69
I can't wait for election returns (and for this mess to be over) - I really don't think it will be the crushing Republican victory you are expecting.

Yes, I expect Republicans to gain seats, but you seem to think St. Peter (because Jesus is a liberal) and Ronald Reagan are going to appear above the Capitol building and hand Boehner a gavel and tax cut bills carved on stone tablets.
AndrewG avatar
Beach Fanatic
#70
This isn't a mess it's more like a revival. Just saw on CNN that 39% of voters are voting solely to stop Obama policies. That's a massive crushing number. It will be interesting tonight either way.

I can't wait for election returns (and for this mess to be over) - I really don't think it will be the crushing Republican victory you are expecting.

Yes, I expect Republicans to gain seats, but you seem to think St. Peter (because Jesus is a liberal) and Ronald Reagan are going to appear above the Capitol building and hand Boehner a gavel and tax cut bills carved on stone tablets.
Lynnie avatar
SoWal Insider
#71
I can't wait for election returns (and for this mess to be over) - I really don't think it will be the crushing Republican victory you are expecting.

Yes, I expect Republicans to gain seats, but you seem to think St. Peter (because Jesus is a liberal) and Ronald Reagan are going to appear above the Capitol building and hand Boehner a gavel and tax cut bills carved on stone tablets.


I'm not so certain it will be a huge victory for Republicans either, rather a statement against the incumbents.....could go either way.
scooterbug44 avatar
SoWal Expert
#72
I'm not so certain it will be a huge victory for Republicans either, rather a statement against the incumbents.....could go either way.

I agree (note, typing those words in the political forum will NOT make your computer explode).

I think people are voting more against politricks and what has been happening than FOR Republicans.
30ashopper avatar
SoWal Insider
#73
In the House I expect pretty significant gains, 50 - 60 seats, maybe more. That kind of turn over is fairly unprecedented.

However in the Senate, there aren't enough seats up for grabs to give republicans a good shot at a take over. So my guess is we end up with a 48/2/49 split, with two independents caucusing with the dems.

That will set up an excellent balance - republicans controlling all spending initiatives via the House, and the senate / president acting as a back stop.
Minnie avatar
Beach Fanatic
#74
I would never put blame where I am not sure it belongs, but our lives have changed in the last two years.

We have lost a great deal of our retirement fund and we have many friends who have lost jobs.

Due to those that have lost jobs my husband works much more than before with less time off, trying to cover their jobs. This has caused him much physical injury.

Crime is up in areas, where my Mom lives, that never occured until now. So many are out of work, they have turned to crime.

As to whether a particular President is to blame; absolutely have no idea but our lives have changed.
DuneAHH avatar
Beach Fanatic
#75
I agree (note, typing those words in the political forum will NOT make your computer explode).

I think people are voting more against politricks and what has been happening than FOR Republicans.

I agree.
AndrewG avatar
Beach Fanatic
#76
It's good to see you trying to rationalize the loss in your mind. It inspires hope...


I think people are voting more against politricks and what has been happening than FOR Republicans.[/QUOTE]

Checking your forum account

Please wait while we verify your forum account.