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Liberty News ForumLNF Forums HerePolitical Opinion Page - The Hot Seat › ‘Thanks, Obama!’ Former president credits himself for strong economy
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Very Hot Topic (More than 25 Replies) ‘Thanks, Obama!’ Former president credits himself for strong economy (Read 457 times)
Greg55_99
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Re: ‘Thanks, Obama!’ Former president credits himself for strong economy
Reply #10 - Dec 6th, 2017 at 12:47pm
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Seawolf wrote on Dec 6th, 2017 at 12:44pm:
Remember this delicious remark from Obama and the end results?



I suspect our libs will have a very short memory of Obama mocking Trumps claim of bringing back jobs to America.


And I suspect YOU have short memory of 2008 -2009.  I remember that period VERY well.  Thanks Obama!!!!

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Seawolf
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Re: ‘Thanks, Obama!’ Former president credits himself for strong economy
Reply #11 - Dec 6th, 2017 at 12:49pm
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Greg55_99 wrote on Dec 6th, 2017 at 12:47pm:
And I suspect YOU have short memory of 2008 -2009.  I remember that period VERY well.  Thanks Obama!!!!

Greg

Let us review, he double our debt more then all of our Presidents combined and never got growth above 3%, the first President ever to fail to grow our economy.  Not something to brag about but you will.
  


"Without morals a republic cannot subsist any length of time; they therefore who are decrying the Christian religion, whose morality is so sublime and pure (and) which insures to the good eternal happiness, are undermining the solid foundation of morals, the best security for the duration of free governments."

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Greg55_99
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Re: ‘Thanks, Obama!’ Former president credits himself for strong economy
Reply #12 - Dec 6th, 2017 at 12:53pm
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Seawolf wrote on Dec 6th, 2017 at 12:49pm:
Let us review, he double our debt more then all of our Presidents combined and never got growth above 3%, the first President ever to fail to grow our economy.  Not something to brag about but you will.


Short memory you have CC.  Do you recall the MILLIONS of lost jobs during that time?  You forgot that, didn't you. 

Greg
  

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EF
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Re: ‘Thanks, Obama!’ Former president credits himself for strong economy
Reply #13 - Dec 6th, 2017 at 12:54pm
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Seawolf wrote on Dec 6th, 2017 at 12:49pm:
Let us review, he double our debt more then all of our Presidents combined and never got growth above 3%, the first President ever to fail to grow our economy.  Not something to brag about but you will.


For some perspective, if the Kenyan gets credit for doubling the debt, St. Ronald gets credit for tripling it.  And Der Fuhrer plainly cares not a whit about adding to it as long as his buddies get fatter in the process.
  

non sumus stulti
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Seawolf
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Re: ‘Thanks, Obama!’ Former president credits himself for strong economy
Reply #14 - Dec 6th, 2017 at 12:57pm
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EF wrote on Dec 6th, 2017 at 12:54pm:
For some perspective, if the Kenyan gets credit for doubling the debt, St. Ronald gets credit for tripling it.  And Der Fuhrer plainly cares not a whit about adding to it as long as his buddies get fatter in the process.

He gets no credit for the growth after he leaves.  I mean he had 8 years to grow the economy above 3% and he never did.  First ever President to manage this feat, even Carter did better.
  


"Without morals a republic cannot subsist any length of time; they therefore who are decrying the Christian religion, whose morality is so sublime and pure (and) which insures to the good eternal happiness, are undermining the solid foundation of morals, the best security for the duration of free governments."

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Re: ‘Thanks, Obama!’ Former president credits himself for strong economy
Reply #15 - Dec 6th, 2017 at 1:09pm
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Seawolf wrote on Dec 6th, 2017 at 12:39pm:
Yet he is, "You did not earn that..."

He was right .  You didn't earn roadways, streetlights etc.  Did you?
  

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Greg55_99
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Re: ‘Thanks, Obama!’ Former president credits himself for strong economy
Reply #16 - Dec 6th, 2017 at 1:10pm
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Seawolf wrote on Dec 6th, 2017 at 12:57pm:
He gets no credit for the growth after he leaves.  I mean he had 8 years to grow the economy above 3% and he never did.  First ever President to manage this feat, even Carter did better.


Yeah, CC has a REAL short memory.  The world of February, 2009:

Quote:
Unemployment hits 25-year high
Jobless rate hits 8.1% in February as a record-high 12.5 million people are unemployed.

By Chris Isidore, CNNMoney.com senior writer
Last Updated: March 6, 2009:


The U.S. economy continued to hemorrhage jobs in February, bringing total job losses over the last six months to more than 3.3 million, and taking the unemployment rate to its highest level in 25 years.

The government reported Friday that employers slashed 651,000 jobs in February, down from a revised loss of 655,000 jobs in January. December's loss was also revised higher to a loss of 681,000 jobs, a 59-year high for losses in one month.

Economists surveyed by Briefing.com had forecast a loss of 650,000 jobs in February.

"The economy is headed south with a vengeance," said Kurt Karl, head of economic research for the U.S. unit of insurer Swiss Re.
The unemployment rate rose to 8.1% from 7.6% in January. It was the highest reading since December 1983 and higher than economists' projections of 7.9%


http://money.cnn.com/2009/03/06/news/economy/jobs_february/

That was the world of February 2009.  How was the world eight years later:

Quote:
Nonfarm employers added a seasonally adjusted 235,000 jobs in February, above economists’ expectations for a 197,000 gain. Employers added a revised 238,000 in January for the best back-to-back performance since June and July 2016. One area of strength those two months: construction jobs. Over the past three months, total job growth has averaged 209,000. That shows an acceleration from the 179,000 average pace in September through November. Revisions to December and January’s figures added a net 9,000 jobs to payroll figures.

The jobless rate in February was 4.7%, moving down from January and matching economists’ expectations. The unemployment rate has held consistently below 5% since April. That suggests the economy is at or near full employment, an important consideration for Fed policy makers. In December, central bankers said the unemployment rate in the long run should sit in the 4.5% to 5% range, with a median longer-run projection of 4.8%. They’ll release fresh projections next week.


https://blogs.wsj.com/briefly/2017/03/10/february-jobs-report-the-numbers-3/

Thanks Obama.

Greg Smiley
  

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Re: ‘Thanks, Obama!’ Former president credits himself for strong economy
Reply #17 - Dec 6th, 2017 at 1:14pm
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Seawolf wrote on Dec 6th, 2017 at 12:44pm:
Remember this delicious remark from Obama and the end results?



I suspect our libs will have a very short memory of Obama mocking Trumps claim of bringing back jobs to America.

Yeah, Foxconn who planned to bring back jobs in 2013 when Obama was still president.  But Trump will take credit for that.  And BTW, the jobs they are bring here are not the same old jobs that were here before.

Foxconn invests in Wisconsin: Workers 'should be wary'
http://money.cnn.com/2017/07/27/technology/business/foxconn-china-us-wisconsin-w...
  

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The Wreath of Khan
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Re: ‘Thanks, Obama!’ Former president credits himself for strong economy
Reply #18 - Dec 6th, 2017 at 1:15pm
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Seawolf wrote on Dec 6th, 2017 at 12:57pm:
He gets no credit for the growth after he leaves. 



The 2017 United States federal budget is the United States federal budget for fiscal year 2017, which lasts from October 1, 2016 to September 30, 2017. President Barack Obama submitted a budget proposal to the 114th Congress on February 9, 2016. The 2017 fiscal year overlaps the end of the Obama administration and the beginning of the Trump administration.
Link


Happy to educate you ..



Seawolf wrote on Dec 6th, 2017 at 12:57pm:
I mean he had 8 years to grow the economy above 3% and he never did.


And had the most obstructive Congress in US history to deal with.  Republicans took out their hatred for Obama on Americans by stifling growth. ..  It's simply a fact.

  
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Re: ‘Thanks, Obama!’ Former president credits himself for strong economy
Reply #19 - Dec 6th, 2017 at 1:16pm
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The Wreath of Khan wrote on Dec 6th, 2017 at 1:15pm:
The 2017 United States federal budget is the United States federal budget for fiscal year 2017, which lasts from October 1, 2016 to September 30, 2017. President Barack Obama submitted a budget proposal to the 114th Congress on February 9, 2016. The 2017 fiscal year overlaps the end of the Obama administration and the beginning of the Trump administration.
Link


Happy to educate you ..




And had the most obstructive Congress in US history to deal with.  Republicans took out their hatred for Obama on Americans by stifling growth. ..  It's simply a fact.



Also, be so kind as to remind them that the stimulus DID work (they hate to admit that).

Greg
  

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