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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Rose who wrote (164748)3/18/2010 5:35:32 PM
From: Bill2 Recommendations  Read Replies (3) | Respond to of 173976
 
The country was running up huge deficits

- Obama's deficits are 5x Bush's.

the banking system was close to collapse

- The banking system was well on its way to recovery.

there was depression-era panic

- Spurred on primarily by Obama's campaign.

Bush was a lame duck

- All 2nd term presidents are lame ducks.

the lingering impact of those policies will be felt for years, possibly decades

- All govt programs and policies are felt for decades, good and bad.

Lost jobs that will never come back

- Obama has lost more jobs in his first year than Bush did in eight.

lost confidence that will never be regained

- The VIX closed today at 16, it lowest level in years.

lost opportunities that will be picked up by the Chinese and others; lost investment that is gone forever.

- Pure speculation on your part, not backed up by facts.

Unfortunately, it's much easier to run the ship into the iceberg ...

- Which is what Obama is doing.