No. But it could have steadily kept going up vrs drastically hitting its face
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You think GAS is HIGH
- Thread starter Coyote Shadow Tracker
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Do you have money in the bank while still having debt?
Pay your bills now you dont so no technically you dont
You don't have a house payment or a car payment and money in the bank?
House Ya its called a debt.
VLD Pilot
Well-Known Member
Obama took over during a recession. Once in office he made it worse. Worse rebound as well in 70+ years with a 2% GDP. Food stamp recipients were the highest ever under Obama. US debt doubled. He failed at Climate change, Job performance, Iran relations, foreign affairs, Healthcare, Terrorism, Isis and Gun policy. These are things even Democrats admitted which is why in his 2012 re election he lost millions of votes. Notice any of the same in our current Pres ? One other thing Obama promised was unity. He only caused division. One thing he did do was pass all his talent on to the current Tard.
In 8 years, Obama increased the debt by $8.6 trillion. Trump added $6.7 trillion in 4 years. As for climate change, wind and solar power increased 369 percent. Coal production declined 38 percent. Carbon emissions from burning fossil fuel dropped 11 percent. For healthcare, the number of people lacking health insurance dropped by 15 million. You don't mention it but after-tax corporate profits set records, as did stock prices. The S&P 500 index rose 166 percent. The economy gained a net 11.6 million jobs. The unemployment rate dropped to below the historical norm. As for Iran, the US probably had the best relationship with them since the Shah was in charge. The Iran nuclear deal was successful. There were inspectors onsite in Iran and Iran never broke the deal. They were not making weapons grade uranium. Probably can't say that today but we will never know because we no longer have inspectors onsite. As for his gun policies, people said he was the most anti-gun president in history yet the only 2 gun bills he signed expanded gun rights. He signed a bill allowing people to carry guns in national parks, which ironically it was Reagan that passed the law prohibiting firearms in national parks. Obama also signed a bill allowing people to check firearms in checked luggage on Amtrak which ironically reversed a measure put in place after 911 when Bush was president.
Well, he may have lost millions of votes in the 2012 election but he still breezed through it without any difficulty. If Biden wins in 2024 then I will see the similarities.
Also, you never said what Obama did that Trump got blamed for by the democrats.
Well, he may have lost millions of votes in the 2012 election but he still breezed through it without any difficulty. If Biden wins in 2024 then I will see the similarities.
Also, you never said what Obama did that Trump got blamed for by the democrats.
Im reading through your post. If your referring to 15 million getting obama care that was a epic failure health care sky rocketed. As for amtrak it was signed for guns being carried to be in a lock box and it was stuffed into a bill of other bs. There were talks it was a mistake he was going to reverse. He was harsh on guns only thing was he failed most everything didnt hold. As for stocks how can you even compare we were in a recession from beginning of his term. Only one way up from the floor. As of solar and wind no **** technology has come a long ways since 2008 **** iPhone just came out not to long before that. With a few things signed into law such as America first the economy took of screaming in just months when trump was elected. Idk of anything that obama did that trump was blamed for but i know of them trying to take credit for trumps economy. Economy strives when your not choking it. Next time you think government has the answers too the environment look at a diesel truck they get half the mileage they use to get with all this 21st technology and emissions. Biden wont get re elected his own party is already turning on him. Atleast obama was intelligent well spoken i disagree with almost everything but i can see why people liked him. But this clown is a crook a liar and a traitor
You'd have to show me how Obama made W's recession worse. I was laid off 12/31/2008 after watching the economy literally come unglued during W's last years due to the de-regulation by the Repubs of the financial industry. Obama was handed the worst economic situation imaginable. Not entirely unlike what Biden walked into. Different circumstances, but both took office with horrible economic outlooks. Things started improving under Obama as quickly as one could reasonably expect and continued to improve. Maybe not as fast as you would like, but they did continually get better. One thing to know about the economy, it's not unlike an engine. You can certainly rev it too hard. And when you do, inflation is the result. And the "division" under Obama was only from the old white guys who couldn't handle the idea of having a black man running the show. My father, a lifelong Republican, shared that observation with me in his final years. He didn't vote for Obama but had come to appreciate the man. This was around the same time that he could not believe his party had deteriorated to the point of nominating the orange buffoon.
VLD Pilot
Well-Known Member
I said what I observed during those years. Much is reflected in history books as well and not written by conservatives but rather bipartisan review. I'll leave it where it's at. I'll say this also as reference was made to the subject. Obama had many many more votes by whites than by blacks. That has to be obvious by the numbers. Not only white women as the numbers reflected. America felt it was time for change and they got it. One thing that can't be disputed or argued or lied about, that's the fact that "Orange Baffoon" did the best for America in most areas. Not perfect obviously as none have been but as close as any have. I'm glad Carter was alive to see his terrible record get beat by the current pres. He needed that. Nobody will ever take that title away from the current president. EVER. Wish we had the days back where it was hard to tell Democrats from Republicans. The days where I actually voted for both depending on their policies and beliefs. Fortunately I'm for a capitalist America and the liberals prefer socialism teetering on communism. I guess that's why we have elections. As they say..."Elections have consequences" and 2024 will prove that more than any ever have. I'm out. Hope those that voted for Brandon are Happy that the meanie is out and inflation and Broken America is #1 for the current party. Back to the OPs "You think Gas is high" Post.
How about giving us the top 5 Obama policies that led to economic growth. I will be waiting......
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Actually, Obamacare is up to 35 million now. Doesn't sound like an epic failure. He was harsh on guns and yet he only expanded gun owner rights. That makes perfect sense. As for renewables, the numbers speak for themselves. Stocks grew 166% and the moment Trump got elected, he was immediately given credit for it. They couldn't wait until he took office to claim responsibility. Trump and Obama are completely opposite. Obama walked into a failing economy and left with a booming economy, Trump walked into a booming economy and left during a crashing economy. George W Bush did the same thing. Now everyone is complaining because Biden can't fix it fast enough.
There are allot more but here are a few of them.How about giving us the top 5 Obama policies that led to economic growth. I will be waiting......
1. Recovery Act - boosted household incomes, the poverty rate would have risen an additional 1.7 percentage points
2. Created and conducted a comprehensive stress test for the nation's largest banks in May 2009 to ensure they had sufficient capital to withstand a Great Depression-like scenario. The added transparency helped banks to raise $66 billion in capital from private markets within a month of the stress test.
3. Recapitalized the financial system so it could withstand the downturn and start lending again; recovered the entire taxpayer investment into the banks, plus a nearly $30 billion positive return
4. Restructured AIG, the world's largest insurer, to prevent its catastrophic collapse; recovered the entire taxpayer investment plus a $22.7 billion positive return
5. Launched programs to restart crucial lending markets for student and auto loans, other forms of consumer credit, housing, and small businesses • Coordinated a global response to the financial crisis at a London G-20 meeting in April 2009 that marshaled more than $1 trillion of support to restore credit, growth, and jobs in the global economy
6. Established a mortgage refinancing program for underwater borrowers (i.e. those whose house is worth less than their mortgage), to help more than 3.3 million Americans overcome barriers to refinancing and lower their monthly payments
7. Helped state and local housing finance agencies through the New Issue Bond Program to extend affordable mortgage credit to families and enable the development and rehabilitation of tens of thousands affordable rental units
8. Launched a program to require investors who purchase distressed Federal Housing Administration (FHA) loans to maintain the properties in a manner that avoids the kinds of vacancy and abandonment that downgrade the community
9. Stepped up lending through the FHA, bolstering its capital reserves to the point where the Administration was able to lower the FHA mortgage insurance premium
10. Negotiated the National Mortgage Servicing Settlement with 49 state attorneys general and major banks and mortgage companies to establish new servicing standards and provide more than $50 billion of relief to distressed homeowners
11. Launched mortgage fraud cases against thousands of defendants
12. Improved the quality of public housing for residents across the country through a new HUD tool that helps provide stable sources of funding for property improvements
13.Required that Chrysler and General Motors (GM) adopt viable restructuring plans in exchange for temporary federal loan support, including building more fuel efficient cars
14. Facilitated the emergence of Chrysler and GM from bankruptcy in mid-2009, enabling the auto industry (including manufacturing and retail) to add more than 700,000 jobs, with domestic sales and production reaching their highest levels in more than a decade in 2015
16. The auto industry has fully exited the temporary federal programs that supported them, repaying the American taxpayer every dollar and more of what the Obama Administration committed
17. Adopted the Volcker Rule to prohibit banks from risky proprietary trading and from sponsoring investment funds that are unrelated to core banking activities
18. Set higher capital and liquidity standards for financial institutions both domestically and internationally
19. Established orderly liquidation authority to prevent serious harm to the entire economy and to protect taxpayers from bearing the losses of private firms by giving regulators the tools to safely wind down large, complex financial institutions that fail
20. Expanded reporting requirements for hedge funds and private equity funds • Overhauled the $600 trillion derivatives market to make it safer and more transparent, including by leading an international push to mandate central clearing of standardized derivatives, setting capital and margin requirements for derivatives that are not centrally cleared, and imposing new oversight of major swap dealers and participants
21. Set new accounting standards to move all exposures onto firms' balance sheets • Required large banks to create "living wills" to help regulators wind down bankrupt firms in an orderly fashion
22.Established the Consumer Financial Protection Bureau (CFPB) to hold financial institutions accountable and protect consumers from the types of abuses that preceded the crisis
23. Used proceeds from the Troubled Asset Relief Program (TARP) to stabilize banks that lend to small businesses
24. Supported the liquidity of key SBA lending programs
25. Signed legislation that expanded SBA lending programs and created new sources of credit for small businesses
26. Eliminated borrower and lender fees for SBA loans under $150,000 as part of the crisis response, fueling a spike in the small-dollar loans disproportionately used by minority owned small businesses
27. Established two new small business credit programs—the State Small Business Credit Initiative and the Small Business Lending Fund
If you cant see how corrupt that party is idk what to say lol. Just the clintons a lone is mind scratching now the bidens dirt is coming out. Imagine if trump jr had did what hunter biden has done? You think the news media would have intentionally gone out of there way to not cover it. Let that sink in for a moment. You keep saying 166% over what rock bottom? It wasnt 166% above its best. Under trump it was hitting record highs. But im out tired of arguing with you. I dont think your a idiot i just think you look at it completely different then i do
