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so....no one is saying mccain didn't have anything to do with tarp....there is onceler though who claims you and i are lying by saying october is bush's....
do you claim obama had no responsibility for TARP
Federal Deficit Hits October Record of $176 Billion
- Thread starter TuTu Monroe
- Start date
so....no one is saying mccain didn't have anything to do with tarp....there is onceler though who claims you and i are lying by saying october is bush's....
do you claim obama had no responsibility for TARP
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the hypocrisy is amusing....you refuse to explain how i lied, yet you demand others explain themselves...
watch, you'll just claim you already explained it, which is false, link to it if true....else, explain how i lied when i said october 2009 is obama's deficit, else you have no grounds to demand others answer your quesitons
Oh...you're setting the board rules now?
I didn't realize that you had to lie & contradict yourself all the time to get in a position to set board rules. Congrats.
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strawman...i never claimed they were board rules....they are rules of debate and courtesy and honesty.....you cannot demand others to explain something you want explained or answer you when you yourself refuse to do so
i haven't lied once, nor do i contradict myself. but don't worry, i don't expect you to explain nor show where i have lied or contradict myself....nor do i expect you to explain how i lied when i said october is obama's....
you're too dishonest for that
No, no - I cede to your board authority.
Tutu - per Yurt, you no longer have to try to figure out some weird spin to explain why McCain's statement that the "fundamentals of the economy are sound" on the day that the market started dropping thousands of points made sense "in context."
Yurt, the thread is yours...
Tutu - per Yurt, you no longer have to try to figure out some weird spin to explain why McCain's statement that the "fundamentals of the economy are sound" on the day that the market started dropping thousands of points made sense "in context."
Yurt, the thread is yours...
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LOL....wuss, i knew you couldn't back your claims up, because you know you're lying....
thanks for admitting that onceler...you're alright
thanks for admitting that onceler...you're alright
You have settled in on the dastardly month of October, claiming it is all Obama's. Since he signed off on the bush recovery policy and the Oct. budget deficit is part of the 2010 Obama budget, I agree it is his. It is also a fact that, when he took over, if there was no fiscal "emergency", there would be no need to have funded a recovery and thus no deficit. I also stated that I would not have followed through with the bush/Paulson(the kisses of death) formula for fighting the country's fiscal "Emergency"? So, though we both think it was a mistake, it is probably for a different reason.
HOWEVER, why then do you hesitate/refuse to place upon bush the same responsibility for the miserable results of his adminstration's fiscal policies over the previous 8 years which left the country a fiscal basket case on 1/19/2009, and admit the FY2009 deficit belongs to him?
You and Onceler can fight your own battles, neither needs my help.
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There were Senators for both parties that made it clear that TARP would not pass without the support of both Presidential candidates. They both voted for it.
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why do you not acknowledge i already blamed bush in this very thread? you even agreed with me after i said both deficits are bad....
i am not asking you to fight battles....but i find your silence as to his claim it wasn't obama's baffling, if a so called rightie would have said that about something you disagreed with you would have been all over that person
i do disagree with you and anyone else who claims it was just bush's fiscal policies that caused the country's recent turmoils....to claim that is simply hackery
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i never said that didn't....
my point is that obama is not blameless in TARP, he voted for it...if you want to talk about mccain, by all means
Of course. Why would a lying hack rightie want to talk about McCain?
This is all about finding new & dishonest ways to attack Obama.
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The Almighty
Um.... no it wasn't... not even close. The signs of the economy being messed up were there in late 2007. The run up in oil prices to $148 brl by June of 2008 sealed the deal. The demand destruction that followed, coupled with the financial meltdown that was underway showed that the economy was in serious trouble. I like McCain, but his economy comment was one of the reasons I did not vote for him (and NO, I did not vote for Obama either).
TuTu Monroe
A Realist
SIGH!!
“My opponents may disagree, but those fundamentals, the American worker and their innovation, their entrepreneurship, the small business, those are the fundamentals of America and I think they’re strong.” John McCain
Obama Hypocrisy: Fundamentals of the Economy Are 'Sound'
Joshua Sharp Posted: Mar 17th 2009 12:02AMFiled under: Politics, USC, The Economy
"The fundamentals [of the economy] are sound," Obama economic adviser Christina Romer declared Sunday on NBC's Meet the Press.
The irony of the statement was not lost, even on the ears of the media elite, in light of candidate Obama's harsh rhetoric towards then-rival John McCain for saying "the fundamentals of the economy are strong."
"It's not that I think John McCain doesn't care what's going on in the lives of most Americans," Obama said then. "I just think he doesn't know ... Why else would he say, today, of all days -- just a few hours ago -- that the fundamentals of the economy are still strong?
"Senator – what economy are you talking about?"
President Obama last week: "If we are keeping focused on all the fundamentally sound aspects of our economy, all the outstanding companies, workers, all the innovation and dynamism in this economy, then we're going to get through this," Obama said, contradicting his own budget director's recent assertion that "fundamentally, the economy is weak."
So what has changed since the campaigns ended?
Sept. 15, 2008: The Dow Jones Industrial Average is at 10,917. Sen. McCain says that the fundamentals of the economy are strong.
Nov. 4, 2008: Election Day. The Dow has dropped to 9,625.
Jan. 20, 2009: Inauguration Day. The Dow has plummeted further to 7,949.
Mar. 15, 2009: Obama economic adviser Christina Romer says, "Well, of course the fundamentals [of the economy] are sound..." The Dow is just over 7,200.
Prompted by MTP host David Gregory to explain Obama's about-face, Romer dodged before reinforcing the McCain/Obama comparison:
DR. ROMER: I think when the president says he's focusing on fundamentals, what he means is, is we're focusing on, on fixing the fundamentals; that we've always said we're not looking at the ups and downs of the stock market, we're looking for those crucial indicators: when are jobs turning around, when are sales turning around, when do we see consumers coming to life? That's the kind of thing that--certainly that I'm looking at in terms of when's the economy going to be doing better and, and when can we see some hope.
MR. GREGORY: Are the fundamentals of this economy sound?
DR. ROMER: Well, of course the fundamentals are sound in the sense that the American workers are sound, we have a good capital stock, we have good technology. We know that, that temporarily we're in a mess, right? We've seen huge job loss, we've seen very large falls in GDP. So certainly in the short run we're in a, in a bad situation.
You might remember that Sen. McCain also explained his statement by saying he was referring to the strength and ingenuity of the American worker.
President Obama recognizes now what Sen. McCain understood last year - consumer spending will not rise significantly until consumers believe that the economy is about to improve. While Candidate Obama rode to electoral victory by overstating the most depressing economic news and promising "change," his Administration is now burdened with a country suffering from a crisis of confidence.
That the stock market has continued to crumble since Obama's election certainly doesn't help. It would appear that governance can be a lot tougher than a political campaign.
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The Almighty
SIGH!!
“My opponents may disagree, but those fundamentals, the American worker and their innovation, their entrepreneurship, the small business, those are the fundamentals of America and I think they’re strong.” John McCain
Obama Hypocrisy: Fundamentals of the Economy Are 'Sound'
Filed under: Politics, USC, The Economy
"The fundamentals [of the economy] are sound," Obama economic adviser Christina Romer declared Sunday on NBC's Meet the Press.
The irony of the statement was not lost, even on the ears of the media elite, in light of candidate Obama's harsh rhetoric towards then-rival John McCain for saying "the fundamentals of the economy are strong."
"It's not that I think John McCain doesn't care what's going on in the lives of most Americans," Obama said then. "I just think he doesn't know ... Why else would he say, today, of all days -- just a few hours ago -- that the fundamentals of the economy are still strong?
"Senator – what economy are you talking about?"
President Obama last week: "If we are keeping focused on all the fundamentally sound aspects of our economy, all the outstanding companies, workers, all the innovation and dynamism in this economy, then we're going to get through this," Obama said, contradicting his own budget director's recent assertion that "fundamentally, the economy is weak."
So what has changed since the campaigns ended?
Sept. 15, 2008: The Dow Jones Industrial Average is at 10,917. Sen. McCain says that the fundamentals of the economy are strong.
Nov. 4, 2008: Election Day. The Dow has dropped to 9,625.
Jan. 20, 2009: Inauguration Day. The Dow has plummeted further to 7,949.
Mar. 15, 2009: Obama economic adviser Christina Romer says, "Well, of course the fundamentals [of the economy] are sound..." The Dow is just over 7,200.
Prompted by MTP host David Gregory to explain Obama's about-face, Romer dodged before reinforcing the McCain/Obama comparison:
DR. ROMER: I think when the president says he's focusing on fundamentals, what he means is, is we're focusing on, on fixing the fundamentals; that we've always said we're not looking at the ups and downs of the stock market, we're looking for those crucial indicators: when are jobs turning around, when are sales turning around, when do we see consumers coming to life? That's the kind of thing that--certainly that I'm looking at in terms of when's the economy going to be doing better and, and when can we see some hope.
MR. GREGORY: Are the fundamentals of this economy sound?
DR. ROMER: Well, of course the fundamentals are sound in the sense that the American workers are sound, we have a good capital stock, we have good technology. We know that, that temporarily we're in a mess, right? We've seen huge job loss, we've seen very large falls in GDP. So certainly in the short run we're in a, in a bad situation.
You might remember that Sen. McCain also explained his statement by saying he was referring to the strength and ingenuity of the American worker.
President Obama recognizes now what Sen. McCain understood last year - consumer spending will not rise significantly until consumers believe that the economy is about to improve. While Candidate Obama rode to electoral victory by overstating the most depressing economic news and promising "change," his Administration is now burdened with a country suffering from a crisis of confidence.
That the stock market has continued to crumble since Obama's election certainly doesn't help. It would appear that governance can be a lot tougher than a political campaign.
The fact that Romer did the same thing does not change the fact that McCain was wrong. Romer was just as wrong to make that comparison. The economy was not strong then, it was certainly not strong in March and it is not strong right now.
The stimulus was designed to stop gap the down turn. To attempt to provide a psychological boost to the population to stop the economy from going down a death spiral of deflationary forces. To that extent, it worked. Could it have worked better? Absolutely. But it also could have been worse.
The remaining $400 billion of that stimulus should have been put to work a long time ago rather than waiting for 2010 to put it to work. That $400 billion should go entirely into infrastructure build out. The desire to prop up any and all government and union jobs vs. helping the economy on the whole has to stop.
But again, that doesn't change the fact that McCain was 100% wrong (no matter how he tried to spin it). Romer also was 100% wrong. The fact they both tried to spin it as positive 'support' for the workforce doesn't change that fact.
[onceler the "fair and balanced"]
Yeah, accurate reporting on how he voted is "dishonest", I mean, get with the program, you hack...
[/onceler the "fair and balanced"]
Aw....yer just sore cuz I'm up 2-0 on you today....
SmarterthanYou
rebel
first of all, this is neither new nor dishonest.
second of all, mccain is not the sitting president, so it's right that people should be angry with obama about this deficit.
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why do you have go and spoil his delusion that i'm dishonest....
you're going to cause him to suffer signficant depression, no doubt due to withdrawals of his daily and comical accusations (never offers proof though) that i'm dishonest....
why do you have go and spoil his delusion that i'm dishonest....
you're going to cause him to suffer signficant depression, no doubt due to withdrawals of his daily and comical accusations (never offers proof though) that i'm dishonest....
Never offers proof?
How about this post above? How about any one of a dozen things you posted today?
Come to think of it, I don't think you really know how to even post without lying!